Pennington County MN
Mortgage Loan Application
Totals and Details
for 2005
Find mortgage statistics and lending data for the Pennington 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 Pennington 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 | 715 |
| Total Mortgage Loan Application Amount | $57,100,000 |
| Average Mortgage Loan Application Amount | $79,000 |
| Highest Mortgage Loan Application Amount | $285,000 |
| Average Applicant Income | $51,000 |
| Highest Applicant Income | $1,440,000 |
* 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, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042 DES MOINES, IA 50328 |
* | $ 366,256,000,000 | 151 | $ 9,537,000 |
| AMERIQUEST MORTGAGE COMPANY 1100 TOWN & COUNTRY ROAD ORANGE, CA 92868 |
* | $ 10,000,000 | 50 | $ 4,850,000 |
| NATIONAL CITY BANK OF INDIANA 1900 EAST NINTH CLEVELAND, OH 44114 |
* | $ 28,456,701,000 | 42 | $ 3,423,000 |
| COUNTRYWIDE HOME LOANS 30930 RUSSELL RANCH ROAD MS WLRR-148 WESTLAKE VILLAGE, CA 91362 |
* | $ 128,495,705,000 | 32 | $ 3,555,000 |
| LOANCITY 5671 SANTA TERESA BOULEVARD SAN JOSE, CA 95123 |
* | $ 10,000,000 | 29 | $ 2,417,000 |
| GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 24 | $ 2,238,000 |
| CITIMORTGAGE, INC 850 THIRD AVENUE, 12TH FLOOR NEW YORK, NY 10022 |
* | $ 59,720,267,000 | 18 | $ 1,465,000 |
| WASHINGTON MUTUAL BANK 227 EAST AVENUE ALBION, NY 14411 |
* | $ 272,927,502,000 | 16 | $ 1,430,000 |
| WELLS FARGO FIN'L MINNESOTA 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 365,471,000 | 14 | $ 519,000 |
| WELLS FARGO FIN'L NORTH DAKOTA 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 68,103,000 | 11 | $ 799,000 |
| VANDERBILT MORTGAGE 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ 31,000,000 | 11 | $ 518,000 |
| BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 771,618,758,000 | 10 | $ 832,000 |
| GMAC BANK 4 WALNUT GROVE HORSHAM, PA 19044 |
* | $ 3,880,165,000 | 10 | $ 871,000 |
| DECISION ONE MORTGAGE 26525 N. RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 339,807,228,000 | 9 | $ 717,000 |
| JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 967,365,000,000 | 9 | $ 441,000 |
| TOWN & COUNTRY CREDIT 2010 MAIN STREET, SUITE 800 IRVINE, CA 92614 |
* | $ 10,000,000 | 9 | $ 719,000 |
| NETBANK FUNDINGS SERVICES 9710 TWO NOTCH ROAD COLUMBIA, SC 29223 |
* | $ 4,600,723,000 | 8 | $ 614,000 |
| AURORA BANK FSB 1271 SIXTH AVENUE, 46TH FLOOR NEW YORK, NY 10020 |
* | $ 19,456,642,000 | 8 | $ 670,000 |
| AEGIS LENDING CORPORATION 3250 BRIARPARK DR SUITE 400 HOUSTON, TX 77042 |
* | $ 10,000,000 | 8 | $ 610,000 |
| AIG FEDERAL SAVINGS BANK 600 N KING STREET, SUITE 2 WILMINGTON, DE 19801 |
* | $ 1,663,205,000 | 8 | $ 832,000 |
| CALUSA INVESTMENTS, L.L.C. P.O. BOX 710840 HERNDON, VA 20171 |
* | $ 10,000,000 | 7 | $ 1,106,000 |
| GE MONEY BANK 4246 SOUTH RIVERBOAT RDCSUITE 200 SALT LAKE CITY, UT 84123 |
* | $ 7,000,000,000 | 7 | $ 87,000 |
| HOMEOWNERS LOAN CORPORATION 4501 CIRCLE 75 PARKWAY, SUITE D-4300 ATLANTA, GA 30339 |
* | $ 1,840,459,615,000 | 7 | $ 524,000 |
| OAK STREET MORTGAGE 11555 N MERIDIAN ST CARMEL, IN 46032 |
* | $ 10,000,000 | 7 | $ 555,000 |
| UNITY BANK NORTH PO BOX 280 RED LAKE FALLS, MN 56750 |
* | $ 45,724,000 | 7 | $ 359,000 |
| WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 6 | $ 667,000 |
| MERCHANTS BANK, NATIONAL ASSOCIATION 102 EAST THIRD STREET WINONA, MN 55987 |
* | $ 483,291,000 | 6 | $ 487,000 |
| HOME123 CORPORATION 3351 MICHELSON DRIVE, SUITE 400 IRVINE, CA 92612 |
* | $ 10,000,000 | 6 | $ 1,071,000 |
| E-LOAN, INC. 6230 STONERIDGE MALL ROAD PLEASANTON, CA 94588 |
* | $ 10,000,000 | 6 | $ 773,000 |
| CITIFINANCIAL SERVICES INC 300 ST PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,484,101,000,000 | 6 | $ 255,000 |
| ABN AMRO MTG GROUP INC 850 THIRD AVENUE, 12TH FLOOR NEW YORK, NY 10022 |
* | $ 250,000,000 | 6 | $ 596,000 |
| HOMEFIELD FINANCIAL, INC. 410 EXCHANGE, SUITE 100 IRVINE, CA 92602 |
* | $ 10,000,000 | 5 | $ 859,000 |
| HSBC MORTGAGE SERVICES, INC. 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 18,823,411,000 | 5 | $ 471,000 |
| HFC COMPANY LLC 140 INDUSTRIAL DRIVE ELMHURST, IL 60126 |
* | $ 97,714,234,000 | 5 | $ 229,000 |
| US BANK NORTH DAKOTA 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 3,414,446,000 | 5 | $ 229,000 |
| RESIDENTIAL FUNDING CORP. LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 5 | $ 329,000 |
| SAXON MORTGAGE 4840 COX ROAD GLEN ALLEN, VA 23060 |
* | $ 10,000,000 | 5 | $ 311,000 |
| NBANK, N.A. 1731 NORTH ELM STREET COMMERCE, GA 30529 |
* | $ 400,062,000 | 4 | $ 357,000 |
| DELTA FUNDING CORPORATION 1000 WOODBURY ROAD WOODBURY, NY 11797 |
* | $ 31,000,000 | 4 | $ 345,000 |
| FINANCE AMERICA 745 SEVENTH AVENUE, 24TH FLOOR NEW YORK, NY 10019 |
* | $ 250,000,000 | 4 | $ 502,000 |
| AMERICAN FEDERAL BANK 215 NORTH 5TH STREET FARGO, ND 58102 |
* | $ 243,421,000 | 4 | $ 180,000 |
| LONG BEACH MORTGAGE CO. 227 EAST AVENUE ALBION, NY 14411 |
* | $ 10,000,000 | 4 | $ 306,000 |
| BENEFICIAL COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 500,990,000 | 4 | $ 210,000 |
| BNC MORTGAGE 745 SEVENTH AVENUE, 24TH FLOOR NEW YORK, NY 10019 |
* | $ 2,500,000,000 | 4 | $ 346,000 |
| BREMER BANK NA (GRAND FORKS) 3100 SOUTH COLUMBIA RD GRAND FORKS, ND 58201 |
* | $ 637,365,000 | 3 | $ 342,000 |
| ARGENT MORTGAGE COMPANY 1100 TOWN & COUNTRY ORANGE, CA 92868 |
* | $ 10,000,000 | 3 | $ 312,000 |
| CHASE MANHATTAN BANK USA, NA 200 WHITE CLAY CENTER DR NEWARK, DE 19711 |
* | $ 88,743,171,000 | 3 | $ 239,000 |
| EQUITY ONE 9600 WEST BRYN MAWR ROSEMONT, IL 60018 |
* | $ 19,257,000,000 | 3 | $ 176,000 |
| FIRST NATIONAL BANK 101 DIXIE HIGHWAY CHICAGO HEIGHTS, IL 60411 |
* | $ 441,158,000 | 3 | $ 174,000 |
| HIWAY 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 643,138,000 | 3 | $ 52,000 |
| MBNA AMERICA DELAWARE, N.A. 200 N COLLEGE ST NC1-004-04-13 CHARLOTTE, NC 28255 |
* | $ 3,919,502,000 | 3 | $ 241,000 |
| FREMONT INVESTMENT & LOAN 2727 E. IMPERIAL HIGHWAY BREA, CA 92821 |
* | $ 9,913,935,000 | 3 | $ 198,000 |
| PEOPLE'S CHOICE FINANCIAL CORP 7515 IRVINE CENTER DR. IRVINE, CA 92618 |
* | $ 10,000,000 | 3 | $ 567,000 |
| US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 194,436,638,000 | 3 | $ 481,000 |
| THE CIT GROUP/CONSUMER FINANCE 1 CIT DRIVE LIVINGSTON, NJ 07039 |
* | $ 10,000,000 | 2 | $ 142,000 |
| HOME LOAN INVESTMENT BANK ONE HOME LOAN PLAZA WARWICK, RI 02886 |
* | $ 250,544,000 | 2 | $ 115,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 2 | $ 76,000 |
| OPTION ONE MORTGAGE CORP 6501 IRVINE CENTER DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 2 | $ 85,000 |
| ORIGEN FINANCIAL SERVICES LLC 27777 FRANKLIN ROAD SUITE 1710 SOUTHFIELD, MI 48034 |
* | $ 10,000,000 | 2 | $ 86,000 |
| GREEN TREE SERVICING LLC 345 ST. PETER STREET ST. PAUL, MN 55102 |
* | $ 31,000,000 | 2 | $ 47,000 |
| GREENLIGHT FINANCIAL SERVICES 18200 VON KARMAN STE #300 IRVINE, CA 92612 |
* | $ 10,000,000 | 2 | $ 90,000 |
| GUARANTY BANK 8333 DOUGLAS AVENUE DALLAS, TX 75225 |
* | $ 16,092,666,000 | 2 | $ 356,000 |
| FIRST RESIDENTIAL MORTGAGE 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 2 | $ 182,000 |
| FLAGSTAR BANK 5151 CORPORATE DR TROY, MI 48098 |
* | $ 13,102,536,000 | 2 | $ 200,000 |
| FMF CAPITAL LLC 25800 NORTHWESTERN HWY, STE. 500 SOUTHFIELD, MI 48075 |
* | $ 180,821,000 | 2 | $ 142,000 |
| FIELDSTONE MORTGAGE COMPANY 11000 BROKEN LAND PARKWAY, SUITE 900 COLUMBIA, MD 21044 |
* | $ 10,000,000 | 2 | $ 225,000 |
| ENCORE CREDIT CORP 1833 ALTON PARKWAY IRVINE, CA 92606 |
* | $ 10,000,000 | 2 | $ 146,000 |
| EQUIFIRST CORPORATION 13000 S TRYON ST, STE F, PMB 317 CHARLOTTE, NC 28278 |
* | $ 49,210,377,000 | 2 | $ 210,000 |
| CITIFINANCIAL MTG CO, INC 4000 REGENT BLVD IRVING, TX 75063 |
* | $ 32,424,600,000 | 2 | $ 138,000 |
| COMMUNITY BANK OF THE RRV 1616 S WASHINGTON ST GRAND FORKS, ND 58201 |
* | $ 228,836,000 | 2 | $ 6,000 |
| AMTRUST BANK 1801 E. 9TH ST #200 CLEVELAND, OH 44114 |
* | $ 13,770,188,000 | 2 | $ 98,000 |
| C.U. MORTGAGE SERVICES, INC. 500 MAIN STREET SUITE 100 NEW BRIGHTON, MN 55112 |
* | $ 250,000,000 | 2 | $ 122,000 |
| AEGIS WHOLESALE CORPORATION 3250 BRIARPARK DR SUITE 400 HOUSTON, TX 77042 |
* | $ 10,000,000 | 2 | $ 125,000 |
| AFFINITY PLUS 175 WEST LAFAYETTE FRONTAGE ROAD SAINT PAUL, MN 55107 |
* | $ 972,662,000 | 1 | $ 35,000 |
| AEGIS FUNDING CORPORATION 3250 BRIARPARK DR SUITE 400 HOUSTON, TX 77042 |
* | $ 10,000,000 | 1 | $ 53,000 |
| AMERICAN RESIDENTIAL MORTGAGE 235 EAST ROSELAWN AVENUE SUITE 12 MAPLEWOOD, MN 55117 |
* | $ 10,000,000 | 1 | $ 47,000 |
| AMC MORTGAGE SERVICES, INC. 1100 TOWN & COUNTRY ROAD, SUITE 1100 IRVINE, CA 92868 |
* | $ 10,000,000 | 1 | $ 180,000 |
| M&I BANK FSB W57N14280 DOERR WAY CEDARBURG, WI 53012 |
* | $ 1,250,504,000 | 1 | $ 140,000 |
| 1ST ADVANTAGE MORTGAGE 701 E 22ND ST, STE 125 LOMBARD, IL 60148 |
* | $ 10,000,000 | 1 | $ 150,000 |
| 21ST CENTURY BANK 17 WASHINGTON AVENUE N MINNEAPOLIS, MN 55401 |
* | $ 297,629,000 | 1 | $ 30,000 |
| IRWIN MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 47037 |
* | $ 4,870,451,000 | 1 | $ 160,000 |
| KEYBANK NATIONAL ASSOCIATION 100 PUBLIC SQUARE STE 600 OH-01-10-06006 CLEVELAND, OH 44113 |
* | $ 86,061,798,000 | 1 | $ 12,000 |
| LAKELAND MORTGAGE CORPORATION 8300 NORMAN CENTER DRIVE SUITE 240 BLOOMINGTON, MN 55437 |
* | $ 10,000,000 | 1 | $ 222,000 |
| ARK-LA-TEX FINANCIAL SERVICES 5160 TENNYSON PKWY, SUITE 2000W PLANO, TX 75024 |
* | $ 10,000,000 | 1 | $ 91,000 |
| COMMUNITY RESOURCE MORTGAGE 508 HAMPTON STREET COLUMBIA, SC 29201 |
* | $ 512,378,000 | 1 | $ 92,000 |
| COUNTRYWIDE BANK, N.A. 35 NORTH LAKE, MS 35-148 PASADENA, CA 91101 |
* | $ 40,963,356,000 | 1 | $ 42,000 |
| CITIBANK, FSB 850 THIRD AVENUE, 12TH FLOOR NEW YORK, NY 10022 |
* | $ 27,779,034,000 | 1 | $ 40,000 |
| BENCHMARK LENDING GROUP, INC. 120 STONY POINT ROAD, SUITE 210 SANTA ROSA, CA 95401 |
* | $ 10,000,000 | 1 | $ 55,000 |
| CU FACTORY BUILT LENDING, LP 6061 IH-10 WEST SAN ANTONIO, TX 78201 |
* | $ 1,761,607,000 | 1 | $ 50,000 |
| CUNA MUTUAL MORTGAGE CORPORATI 2908 MARKETPLACE DRIVE SUITE 100 MADISON, WI 53719 |
* | $ 10,000,000 | 1 | $ 71,000 |
| FIRST HORIZON HOME LOAN CORP 4000 HORIZON WAY IRVING, TX 75063 |
* | $ 1,446,000,000 | 1 | $ 72,000 |
| HEARTLAND CREDIT UNION 5500 SOUTH ROBERT TRL INVER GROVE HEIGHTS, MN 55016 |
* | $ 69,213,000 | 1 | $ 5,000 |
| GATE CITY BANK 500 2ND AVENUE NORTH FARGO, ND 58102 |
* | $ 767,323,000 | 1 | $ 152,000 |
| HOME LOAN CENTER 163 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 1 | $ 104,000 |
| HIC-STAR CORP. FKA AMPRO MTG. 400 N TUSTIN AVE #100 SANTA ANA, CA 92705 |
* | $ 10,000,000 | 1 | $ 78,000 |
| PARAGON HOME LENDING, LLC 19435 W. CAPITOL DRIVE, SUITE 201 BROOKFIELD, WI 53045 |
* | $ 10,000,000 | 1 | $ 93,000 |
| PENTAGON FEDERAL CREDIT UNION 14300 SULLYFIELD CIRCLE CHANTILLY, VA 20151 |
* | $ 7,021,387,000 | 1 | $ 125,000 |
| NEW CENTURY MORTGAGE CORPORATI 18400 VON KARMAN AVE., SUITE 1000 IRVINE, CA 92612 |
* | $ 10,000,000 | 1 | $ 60,000 |
| NEXSTAR FINANCIAL CORPORATION 200 N COLLEGE ST NC1-004-04-13 CHARLOTTE, NC 28255 |
* | $ 11,800,000,000 | 1 | $ 33,000 |
| NOVASTAR HOME MORTGAGE, INC. 8140 WARD PARKWAY KANSAS CITY, MO 64114 |
* | $ 10,000,000 | 1 | $ 32,000 |
| MERRILL LYNCH MORTGAGE LENDING 4 WORLD FINANCIAL CENTER, 12TH FLOOR NEW YORK, NY 10280 |
* | $ 19,717,040,000 | 1 | $ 118,000 |
| MILA, INC 6021 244TH ST. SW MOUNTLAKE TERRACE, WA 98043 |
* | $ 10,000,000 | 1 | $ 81,000 |
| MORTGAGE INVESTORS CORP 6090 CENTRAL AVE ST. PETERSBURG, FL 33707 |
* | $ 10,000,000 | 1 | $ 118,000 |
| MORTGAGE LENDERS NETWORK USA 213 COURT STREET MIDDLETOWN, CT 06457 |
* | $ 10,000,000 | 1 | $ 111,000 |
| MORTGAGE NETWORK, INC. 99 CONIFER HILL DR DANVERS, MA 01923 |
* | $ 3,700,000 | 1 | $ 130,000 |
| THE HUNTINGTON NATIONAL BANK 7575 HUNTINGTON PARK DR COLUMBUS, OH 43235 |
* | $ 32,105,960,000 | 1 | $ 47,000 |
| TIERONE BANK 1235 "N" STREET LINCOLN, NE 68508 |
* | $ 3,043,312,000 | 1 | $ 68,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 1 | $ 28,000 |
| REGIONS BANK 1900 5TH AVENUE N - ALBH10903B BIRMINGHAM, AL 35203 |
* | $ 49,210,377,000 | 1 | $ 55,000 |
| SOVEREIGN BANK 1130 BERKSHIRE BOULEVARD WYOMISSING, PA 19610 |
* | $ 54,454,684,000 | 1 | $ 18,000 |
| SYNERGY MORTGAGE CORP. 510 N. VALLEY MILLS DRIVE SUITE 101 WACO, TX 76710 |
* | $ 10,000,000 | 1 | $ 200,000 |
| TRUSTONE FINANCIAL FEDERAL CREDIT UNION 14601 27TH AVENUE NORTH PLYMOUTH, MN 55447 |
* | $ 439,095,000 | 1 | $ 28,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 16,675,614,000 | 1 | $ 44,000 |
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 Pennington County MN in 2005
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 |
|---|---|---|---|---|---|---|
| Refinancing | 385 | $35,711,000 | $92,000 | $266,000 | $53,000 | $1,440,000 |
| Home Purchase | 237 | $17,896,000 | $75,000 | $285,000 | $48,000 | $340,000 |
| Home Improvement | 93 | $3,493,000 | $37,000 | $269,000 | $54,000 | $182,000 |
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 | 562 | $43,911,000 | $78,000 | $285,000 | $55,000 | $1,440,000 |
| Not Provided | 101 | $9,177,000 | $90,000 | $269,000 | $53,000 | $636,000 |
| Not applicable | 37 | $2,790,000 | $75,000 | $160,000 | $1,000 | $41,000 |
| Hispanic | 8 | $565,000 | $70,000 | $200,000 | $42,000 | $76,000 |
| American Indian or Alaskan Native | 4 | $423,000 | $105,000 | $205,000 | $48,000 | $97,000 |
| Asian | 2 | $178,000 | $89,000 | $150,000 | $93,000 | $115,000 |
| Black or African American | 1 | $56,000 | $56,000 | $56,000 | $68,000 | $68,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 681 | $54,689,000 | $80,000 | $285,000 | $52,000 | $1,440,000 |
| FHA-insured (Federal Housing Administration) | 21 | $1,261,000 | $60,000 | $124,000 | $33,000 | $80,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 9 | $732,000 | $81,000 | $163,000 | $34,000 | $55,000 |
| VA-guaranteed (Veterans Administration) | 4 | $418,000 | $104,000 | $118,000 | $17,000 | $39,000 |
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 | 324 | $24,538,000 | $75,000 | $285,000 | $57,000 | $340,000 |
| Application Denied By Financial Institution | 137 | $10,176,000 | $74,000 | $269,000 | $54,000 | $1,440,000 |
| Loan Purchased By The Institution | 91 | $7,550,000 | $82,000 | $265,000 | $34,000 | $260,000 |
| Application Withdrawn By Applicant | 77 | $7,734,000 | $100,000 | $257,000 | $52,000 | $696,000 |
| Application Approved But Not Accepted | 50 | $3,334,000 | $66,000 | $285,000 | $45,000 | $94,000 |
| File Closed For Incompleteness | 36 | $3,768,000 | $104,000 | $225,000 | $52,000 | $1,220,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|---|
| Other | 41 | $3,113,000 | $75,000 | $260,000 | $70,000 | $1,440,000 |
| Credit History | 21 | $1,042,000 | $49,000 | $200,000 | $35,000 | $75,000 |
| Collateral | 13 | $865,000 | $66,000 | $246,000 | $68,000 | $193,000 |
| Credit Application Incomplete | 12 | $1,482,000 | $123,000 | $269,000 | $65,000 | $150,000 |
| Debt-To-Income Ratio | 6 | $782,000 | $130,000 | $234,000 | $64,000 | $208,000 |
| Employment History | 2 | $206,000 | $103,000 | $125,000 | $48,000 | $64,000 |
| Unverifiable Information | 2 | $203,000 | $101,000 | $130,000 | $40,000 | $50,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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.