Nicollet County MN
Mortgage Loan Application
Totals and Details
for 2018

Find mortgage statistics and lending data for the Nicollet County MN metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Nicollet County MN, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,087
Total Mortgage Loan Application Amount $190,875,000
Average Mortgage Loan Application Amount $175,000
Highest Mortgage Loan Application Amount $4,245,000
Average Applicant Income $104,000
Highest Applicant Income $4,311,000

Mortgage Company List for Lending in Nicollet County MN for 2018

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,747,398,000,000 150 $ 23,250,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 94 $ 12,950,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 66 $ 12,870,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,063,591,000 52 $ 5,300,000
MINNESOTA VALLEY FEDERAL CREDIT UNION
1640 ADAMS ST
MANKATO, MN 56001
* $ 155,841,000 48 $ 7,960,000
BANKVISTA
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 249,182,000 43 $ 8,515,000
SOUTHPOINT FINANCIAL
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ 334,251,000 39 $ 6,385,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 11,915,259,000 36 $ 5,180,000
COMMUNITY BANK MANKATO
300 ST ANDREWS DR
MANKATO, MN 56001
* $ 288,412,000 29 $ 4,875,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,730,669,000 28 $ 5,460,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 24 $ 4,050,000
CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 942,777,000 19 $ 3,405,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 293,609,000 18 $ 2,770,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 17 $ 2,495,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 650,256,000 16 $ 2,650,000
PIONEER BANK
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ 416,512,000 15 $ 7,135,000
CITIZENS BANK MINNESOTA
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 382,576,000 15 $ 2,265,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 14 $ 2,330,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 13 $ 2,675,000
CAMBRIA FINANCIAL GROUP, LLC
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 13 $ 2,505,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 12 $ 2,220,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 11 $ 3,065,000
ALLIANCE BANK
105 EAST LYON AVE
LAKE CITY, MN 55041
* $ 594,701,000 10 $ 1,470,000
MINNSTAR BANK NATIONAL ASSOCIATION
P.O. BOX 270
LAKE CRYSTAL, MN 56055
* $ 143,395,000 10 $ 1,300,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,002,887,000 10 $ 2,140,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,656,476,000 8 $ 1,490,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 98,729,134,000 8 $ 350,000
OLD NATIONAL BANK
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 17,422,977,000 8 $ 1,380,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 8 $ 1,870,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 7 $ 1,215,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 7 $ 1,245,000
FIRST NATIONAL BANK MINNESOTA
500 LONG STREET
MANKATO, MN 56001
* $ 205,699,000 7 $ 2,685,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 23,020,511,000 7 $ 785,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 7 $ 1,025,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 7 $ 1,995,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 6 $ 1,100,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 6 $ 270,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 5 $ 845,000
BANK MIDWEST
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 835,005,000 5 $ 1,115,000
UNITED PRAIRIE BANK
10 FIRESTONE DRIVE, SUITE 300
MANKATO, MN 56001
* $ 569,754,000 5 $ 4,615,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 5 $ 1,155,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 30,422,051,000 5 $ 535,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 4,763,242,000 5 $ 1,215,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 4 $ 680,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 4 $ 890,000
PROGROWTH BANK
703 3RD STREET, PO BOX 77
NICOLLET, MN 56074
* $ 141,687,000 4 $ 680,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 3 $ 545,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 3 $ 475,000
IOWA BANKERS MORTGAGE CORPORATION
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 3 $ 355,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 3 $ 405,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 3 $ 405,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 3 $ 565,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 3 $ 645,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,104,663,000 3 $ 255,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 325,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 3 $ 445,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,542,484,000 3 $ 185,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,376,902,000 3 $ 455,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 2 $ 350,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 2 $ 410,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 2 $ 500,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 430,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 2 $ 270,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 2 $ 250,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,134,927,000 2 $ 400,000
MILEND, INC.
375 NORTHRIDGE RD, SUITE 600
ATLANTA, GA 30350
* $ -1,000 2 $ 370,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 200,000
FIRST FARMERS & MERCHANTS BANK
123 SOUTH FOURTH STREET
CANNON FALLS, MN 55009
* $ 297,892,000 2 $ 290,000
THRIVENT FEDERAL CREDIT UNION
625 FOURTH AVE S
MINNEAPOLIS, MN 55415
* $ 526,546,000 2 $ 350,000
LAND HOME FINANCIAL SERVICES, INC.
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 2 $ 270,000
CORNERSTONE STATE BANK
401 4TH ST N W
MONTGOMERY, MN 56069
* $ 169,287,000 2 $ 510,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 109,372,608,000 2 $ 550,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 2 $ 230,000
SHAREPOINT CREDIT UNION
5300 HYLAND GREENS DR
BLOOMINGTON, MN 55437
* $ 200,149,000 2 $ 90,000
EMPEOPLE CREDIT UNION
3950 38TH AVENUE
MOLINE, IL 61265
* $ 940,832,000 2 $ 200,000
AXIA FINANCIAL, LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 1 $ 155,000
ALTRA
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,386,493,000 1 $ 195,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ -1,000 1 $ 165,000
GOPRIME MORTGAGE, INC.
320 N SALEM STREET
APEX, NC 27502
* $ -1,000 1 $ 235,000
FORBRIGHT BANK
6701 DEMOCRACY BLVD, SUITE 400
BETHESDA, MD 20817
* $ 955,028,000 1 $ 125,000
PROFINIUM, INC.
105 LAKE AVE. PO BOX 848
FAIRMONT, MN 56031
* $ 367,686,000 1 $ 105,000
KLEINBANK
301 CHESTNUT ST
CHASKA, MN 55318
* $ 2,006,441,000 1 $ 155,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 1 $ 155,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 1 $ 295,000
MIDCOUNTRY BANK
7825 WASHINGTON AVE. S., STE. 120
BLOOMINGTON, MN 55439
* $ 819,888,000 1 $ 235,000
LENNAR MORTGAGE, LLC
730 NW 107TH AVENUE, 4TH FL
MIAMI, FL 33172
* $ -1,000 1 $ 185,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 125,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 55,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 1 $ 255,000
HOMESERVICES LENDING, LLC
2700 WESTOWN PARKWAY SUITE 345
WEST DES MOINES, IA 50266
* $ -1,000 1 $ 235,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 225,000
ROYAL CREDIT UNION
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54703
* $ 2,211,061,000 1 $ 245,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 195,000
WATERSTONE MORTGAGE CORPORATION
N25 W23255 PAUL ROAD
PEWAUKEE, WI 53072
* $ -1,000 1 $ 145,000
IDEAL
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ 692,134,000 1 $ 45,000
MANUFACTURERS BANK & TRUST COMPANY
245 EAST J ST, PO BOX 450
FOREST CITY, IA 50436
* $ 335,251,000 1 $ 105,000
MINNWEST BANK
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 1,725,679,000 1 $ 1,555,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 1 $ 175,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 1 $ 195,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 1 $ 125,000
FAY SERVICING, LLC
400 S. LA SALLE STREET, STE 2000
CHICAGO, IL 60605
* $ -1,000 1 $ 195,000
MEGASTAR FINANCIAL CORP.
1080 CHEROKEE STREET
DENVER, CO 80205
* $ -1,000 1 $ 175,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 34,298,273,000 1 $ 135,000
ARVEST BANK
201 W WALNUT
ROGERS, AR 72756
* $ 16,758,528,000 1 $ 255,000
LEND SMART MORTGAGE, LLC
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ -1,000 1 $ 285,000
NORTHWEST BANK
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,541,610,000 1 $ 155,000
ROUNDPOINT MORTGAGE SERVICING CORPORATION
5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8
CHARLOTTE, NC 28219
* $ -1,000 1 $ 325,000
TOPLINE FEDERAL CREDIT UNION
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ 414,043,000 1 $ 205,000
HEARTLAND CREDIT UNION
5500 SOUTH ROBERT TRL
INVER GROVE HEIGHTS, MN 55016
* $ 114,544,000 1 $ 15,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 287,783,000 1 $ 25,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 363,702,000 1 $ 305,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 1 $ 185,000
STIFEL BANK AND TRUST
501 N BROADWAY
ST. LOUIS, MO 63141
* $ 15,286,549,000 1 $ 185,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 495,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 375,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 1 $ 115,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 125,000
GOODLEAP, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 1 $ 155,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 1 $ 235,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 145,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 1 $ 115,000
REDWOOD RESIDENTIAL ACQUISITION CORPORATION
ONE BELVEDERE PLACE
MILL VALLEY, CA 94941
* $ -1,000 1 $ 495,000
HOME LOAN INVESTMENT BANK, F.S.B.
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 264,496,000 1 $ 15,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 4,724,296,000 1 $ 165,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 35,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 1 $ 265,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Nicollet County MN in 2018

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 649 $121,055,000 $186,000 $2,865,000 $85,000 $535,000
Refinancing 159 $32,855,000 $206,000 $4,245,000 $129,000 $3,667,000
Cash-out Refinancing 151 $25,925,000 $171,000 $765,000 $114,000 $4,311,000
Other Purpose 56 $3,210,000 $57,000 $375,000 $111,000 $380,000
Home Improvement 52 $5,320,000 $102,000 $755,000 $208,000 $987,000
Not Applicable 20 $2,510,000 $125,000 $265,000 $59,000 $59,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 871 $146,415,000 $168,000 $765,000 $106,000 $4,311,000
Not applicable 107 $28,915,000 $270,000 $4,245,000 $61,000 $80,000
Not Provided 56 $8,240,000 $147,000 $425,000 $104,000 $456,000
Hispanic 29 $4,125,000 $142,000 $315,000 $79,000 $319,000
Asian 10 $1,550,000 $155,000 $335,000 $68,000 $125,000
Black or African American 6 $900,000 $150,000 $185,000 $75,000 $110,000
Native Hawaiian or Other Pacific Islander 3 $395,000 $131,000 $195,000 $97,000 $112,000
American Indian or Alaskan Native 1 $35,000 $35,000 $35,000 $71,000 $71,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 879 $154,505,000 $175,000 $4,245,000 $112,000 $4,311,000
FHA-insured (Federal Housing Administration) 125 $20,155,000 $161,000 $295,000 $57,000 $240,000
VA-guaranteed (Veterans Administration) 54 $11,720,000 $217,000 $445,000 $73,000 $200,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 29 $4,495,000 $155,000 $295,000 $61,000 $108,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 723 $135,605,000 $187,000 $4,245,000 $107,000 $4,311,000
Loan Purchased By The Institution 113 $19,885,000 $175,000 $675,000 $89,000 $679,000
Application Denied By Financial Institution 108 $12,590,000 $116,000 $755,000 $113,000 $3,667,000
Application Withdrawn By Applicant 100 $15,680,000 $156,000 $585,000 $91,000 $672,000
File Closed For Incompleteness 22 $3,430,000 $155,000 $445,000 $61,000 $220,000
Application Approved But Not Accepted 17 $3,125,000 $183,000 $365,000 $100,000 $325,000
Preapproval Approved but not Accepted 3 $515,000 $171,000 $235,000 $51,000 $79,000
Preapproval Denied by Financial Institution 1 $45,000 $45,000 $45,000 $33,000 $33,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 819 $147,045,000 $179,000 $2,865,000 $106,000 $4,311,000
Debt-To-Income Ratio 187 $34,705,000 $185,000 $4,245,000 $82,000 $264,000
Credit History 38 $3,090,000 $81,000 $215,000 $76,000 $239,000
Collateral 13 $1,725,000 $132,000 $255,000 $89,000 $134,000
Credit Application Incomplete 11 $2,135,000 $194,000 $755,000 $468,000 $3,667,000
Other 10 $1,150,000 $115,000 $235,000 $65,000 $115,000
Unverifiable Information 5 $365,000 $73,000 $155,000 $65,000 $91,000
Employment History 2 $470,000 $235,000 $265,000 $143,000 $200,000
Insufficient Cash (Downpayment, Closing Cost) 2 $190,000 $95,000 $175,000 $33,000 $33,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in Minnesota, and search similar information back through 2003.

Download the Minnesota Lender List