Polk County MN
Mortgage Loan Application
Totals and Details
for 2017
Find mortgage statistics and lending data for the Polk 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 Polk 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 | 1,124 |
| Total Mortgage Loan Application Amount | $165,316,000 |
| Average Mortgage Loan Application Amount | $147,000 |
| Highest Mortgage Loan Application Amount | $700,000 |
| Average Applicant Income | $74,000 |
| Highest Applicant Income | $2,811,000 |
* 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 |
|---|---|---|---|---|
| BREMER BANK, NATIONAL ASSOCIATION 372 ST. PETER STREET ST. PAUL, MN 55102 |
* | $ 11,496,234,000 | 119 | $ 17,263,000 |
| U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 441,010,095,000 | 95 | $ 12,556,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,727,235,000,000 | 64 | $ 10,234,000 |
| GATE CITY BANK 500 2ND AVE N FARGO, ND 58102 |
* | $ 1,952,398,000 | 60 | $ 9,611,000 |
| FRANDSEN BANK & TRUST 116 CENTRAL STREET WEST LONSDALE, MN 55046 |
* | $ 1,717,614,000 | 59 | $ 9,300,000 |
| FLORIDA CAPITAL BANK, NATIONAL ASSOCIATION 10151 DEERWOOD PARK BLVD. BLDG. 100 #200 JACKSONVILLE, FL 32256 |
* | $ 345,855,000 | 41 | $ 8,256,000 |
| ULTIMA BANK MINNESOTA 603 HILLIGOSS BLVD. SE FOSSTON, MN 56542 |
* | $ 166,675,000 | 39 | $ 4,164,000 |
| AMERICAN FEDERAL BANK 215 N 5TH ST FARGO, ND 58102 |
* | $ 536,907,000 | 37 | $ 5,904,000 |
| FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 36 | $ 5,588,000 |
| ALERUS FINANCIAL, NATIONAL ASSOCIATION PO BOX 6001 GRAND FORKS, ND 58206 |
* | $ 2,048,652,000 | 33 | $ 5,792,000 |
| CROOKSTON FINANCIAL SERVICES, INC 1901 SAHLSTROM DRIVE CROOKSTON, MN 56716 |
* | $ 68,459,000 | 23 | $ 2,814,000 |
| WESTERN STATE BANK 755 13TH AVE E WEST FARGO, ND 58108 |
* | $ 960,808,000 | 23 | $ 3,019,000 |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,082,803,000,000 | 22 | $ 3,343,000 |
| BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 1,982,691,000 | 19 | $ 3,437,000 |
| THE FIRST NATIONAL BANK OF BAGLEY PO BOX N, 31 CENTRAL STREET E BAGLEY, MN 56621 |
* | $ 83,886,000 | 18 | $ 1,140,000 |
| PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 15 | $ 2,835,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 77,760,914,000 | 15 | $ 3,013,000 |
| MERCHANTS BANK, NATIONAL ASSOCIATION 102 EAST THIRD STREET WINONA, MN 55987 |
* | $ 1,620,732,000 | 14 | $ 2,106,000 |
| CHOICE FINANCIAL GROUP 4501 23RD AVE S FARGO, ND 58104 |
* | $ 1,174,850,000 | 14 | $ 2,080,000 |
| LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 13 | $ 1,970,000 |
| AFFINITY PLUS 175 WEST LAFAYETTE FRONTAGE ROAD SAINT PAUL, MN 55107 |
* | $ 1,919,185,000 | 13 | $ 905,000 |
| UNITY BANK NORTH PO BOX 280 RED LAKE FALLS, MN 56750 |
* | $ 87,329,000 | 12 | $ 1,142,000 |
| STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 18,252,081,000 | 10 | $ 1,356,000 |
| PRIMARY RESIDENTIAL MORTGAGE, INC. 1480 N 2200 W SALT LAKE CITY, UT 84116 |
* | $ -1,000 | 9 | $ 1,061,000 |
| PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ -1,000 | 9 | $ 1,415,000 |
| FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 13,980,496,000 | 8 | $ 1,214,000 |
| CORNERSTONE BANK 2280 45TH STREET SOUTH FARGO, ND 58104 |
* | $ 820,967,000 | 8 | $ 1,522,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 8 | $ 1,126,000 |
| CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 8 | $ 1,224,000 |
| FIRST STATE BANK 423 BROADWAY BUXTON, ND 58218 |
* | $ 182,364,000 | 7 | $ 883,000 |
| LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ -1,000 | 6 | $ 1,355,000 |
| NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 79,775,662,000 | 6 | $ 808,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 6 | $ 1,192,000 |
| EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ -1,000 | 5 | $ 753,000 |
| LUMINATE HOME LOANS 7760 FRANCE AVE S, STE 1010 BLOOMINGTON, MN 55435 |
* | $ -1,000 | 5 | $ 814,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 5 | $ 1,205,000 |
| FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ -1,000 | 5 | $ 705,000 |
| UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 5 | $ 686,000 |
| DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ -1,000 | 5 | $ 602,000 |
| CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ -1,000 | 5 | $ 564,000 |
| SUNTRUST MORTGAGE, INC. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ -1,000 | 4 | $ 913,000 |
| BANK FORWARD 390 WHEAT STREET, PO BOX 100 HANNAFORD, ND 58448 |
* | $ 544,849,000 | 4 | $ 325,000 |
| HIWAY 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 1,070,486,000 | 4 | $ 680,000 |
| DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 91,146,995,000 | 4 | $ 193,000 |
| UNITY MORTGAGE 615 S BROADWAY MINOT, ND 58701 |
* | $ 0 | 4 | $ 677,000 |
| STEARNS LENDING, LLC 4 HUTTON CENTRE, 10TH FLOOR SANTA ANA, CA 92707 |
* | $ -1,000 | 4 | $ 262,000 |
| ASSOCIATED BANK, NATIONAL ASSOCIATION 200 NORTH ADAMS STREET GREEN BAY, WI 54301 |
* | $ 29,070,880,000 | 3 | $ 785,000 |
| FORBRIGHT BANK 6701 DEMOCRACY BLVD, SUITE 400 BETHESDA, MD 20817 |
* | $ 835,262,000 | 3 | $ 520,000 |
| VALLEY MORTGAGE, INC. 3315 45TH ST S, SUITE 200 FARGO, ND 58104 |
* | $ -1,000 | 3 | $ 306,000 |
| WYNDHAM CAPITAL MORTGAGE, INC. 6115 PARK SOUTH DRIVE, STE 200 CHARLOTTE, NC 28210 |
* | $ -1,000 | 3 | $ 1,053,000 |
| GOODLEAP, LLC 8781 SIERRA COLLEGE BLVD ROSEVILLE, CA 95661 |
* | $ -1,000 | 3 | $ 412,000 |
| CAMBRIA FINANCIAL GROUP, LLC 11000 W 78TH STREET, SUITE 300 EDEN PRAIRIE, MN 55344 |
* | $ -1,000 | 3 | $ 475,000 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ -1,000 | 3 | $ 339,000 |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ -1,000 | 3 | $ 554,000 |
| AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 3 | $ 484,000 |
| CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,349,581,000,000 | 3 | $ 363,000 |
| CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ -1,000 | 3 | $ 389,000 |
| THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ -1,000 | 3 | $ 492,000 |
| FIRST COMMUNITY CREDIT UNION 111 9TH ST SW JAMESTOWN, ND 58401 |
* | $ 565,398,000 | 2 | $ 304,000 |
| BELL BANK 3100 13TH AVE S FARGO, ND 58103 |
* | $ 4,181,458,000 | 2 | $ 319,000 |
| 21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ -1,000 | 2 | $ 83,000 |
| NETWORK CAPITAL FUNDING CORPORATION 5 PARK PLAZA #800 IRVINE, CA 92614 |
* | $ -1,000 | 2 | $ 496,000 |
| THRIVENT FEDERAL CREDIT UNION 625 FOURTH AVE S MINNEAPOLIS, MN 55415 |
* | $ 514,606,000 | 2 | $ 554,000 |
| AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 2 | $ 425,000 |
| LEND SMART MORTGAGE, LLC 3450 LEXINGTON AVE N SHOREVIEW, MN 55126 |
* | $ -1,000 | 2 | $ 265,000 |
| SUNTRUST BANK P.O. BOX 4418, MAIL CODE 0663 ATLANTA, GA 30302 |
* | $ 200,557,635,000 | 2 | $ 13,000 |
| BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,677,490,000,000 | 2 | $ 297,000 |
| MIDCOUNTRY BANK 7825 WASHINGTON AVE. S., STE. 120 BLOOMINGTON, MN 55439 |
* | $ 796,545,000 | 2 | $ 128,000 |
| BAY EQUITY LLC 28 LIBERTY SHIPWAY SUITE 2800 SAUSALITO, CA 94965 |
* | $ -1,000 | 2 | $ 238,000 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ -1,000 | 2 | $ 335,000 |
| OOSTBURG STATE BANK 905 CENTER AVE OOSTBURG, WI 53070 |
* | $ 198,568,000 | 2 | $ 85,000 |
| AMERICAN BANK OF THE NORTH 117 CENTRAL AVENUE NASHWAUK, MN 55769 |
* | $ 566,756,000 | 2 | $ 304,000 |
| RESULTS MORTGAGE, LLC 11200 WEST 78TH STREET, SUITE 50 EDEN PRAIRIE, MN 55344 |
* | $ 1,000,000 | 2 | $ 81,000 |
| NORTHWESTERN BANK, NATIONAL ASSOCIATION 4 NORTH MAIN - PO BOX 10 DILWORTH, MN 56547 |
* | $ 140,058,000 | 2 | $ 21,000 |
| ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 2 | $ 204,000 |
| FIRST HOLDING COMPANY OF CAVALIER, INC. PO BOX 170 CAVALIER, ND 58220 |
* | $ 249,913,000 | 2 | $ 339,000 |
| SUMMIT MORTGAGE CORPORATION 13355 10TH AVE N, SUITE 100 PLYMOUTH, MN 55441 |
* | $ -1,000 | 2 | $ 398,000 |
| TRUSTONE HOME MORTGAGE, LLC 14601 27TH AVE N SUITE 103 PLYMOUTH, MN 55447 |
* | $ -1,000 | 2 | $ 158,000 |
| MEMBERS COOPERATIVE 4628 MIKE COLALILLO DR DULUTH, MN 55807 |
* | $ 630,208,000 | 2 | $ 130,000 |
| GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ -1,000 | 2 | $ 367,000 |
| TRUSTONE FINANCIAL FEDERAL CREDIT UNION 14601 27TH AVENUE NORTH PLYMOUTH, MN 55447 |
* | $ 1,163,952,000 | 2 | $ 178,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 1 | $ 130,000 |
| AMERICAN INTERNET MORTGAGE, INC. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ -1,000 | 1 | $ 152,000 |
| AMERICAN NATIONAL BANK OF MINNESOTA 1920 SOUTH SIXTH STREET BRAINERD, MN 56401 |
* | $ 242,333,000 | 1 | $ 45,000 |
| UNION STATE BANK OF FARGO 4530 17TH AVENUE SOUTH FARGO, ND 58103 |
* | $ 96,773,000 | 1 | $ 43,000 |
| AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ -1,000 | 1 | $ 6,000 |
| BRIDGEVIEW BANK GROUP 7940 S HARLEM BRIDGEVIEW, IL 60455 |
* | $ 1,095,554,000 | 1 | $ 400,000 |
| TOWN AND COUNTRY CREDIT UNION 615 S BROADWAY ST MINOT, ND 58701 |
* | $ 389,693,000 | 1 | $ 88,000 |
| HOWARD BANK 6011 UNIVERSITY BLVD #370 ELLICOTT CITY, MD 21043 |
* | $ 1,027,051,000 | 1 | $ 97,000 |
| FIRST FEDERAL BANK 4705 US HWY 90 W LAKE CITY, FL 32055 |
* | $ 1,207,688,000 | 1 | $ 115,000 |
| CITIZENS BANCSHARES OF WOODVILLE, INC. 375 STAGELINE RD PO BOX 247 HUDSON, WI 54016 |
* | $ 164,608,000 | 1 | $ 97,000 |
| MIDWEST COMMUNITY BANK 510 PARK CREST DR FREEPORT, IL 61032 |
* | $ 221,887,000 | 1 | $ 160,000 |
| IMPAC MORTGAGE CORP. 19500 JAMBOREE RD IRVINE, CA 92612 |
* | $ -1,000 | 1 | $ 150,000 |
| PLAINS COMMERCE BANK 220 MAIN ST HOVEN, SD 57450 |
* | $ 629,000,000 | 1 | $ 140,000 |
| PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ -1,000 | 1 | $ 120,000 |
| TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 27,829,056,000 | 1 | $ 79,000 |
| COMPEER FINANCIAL, FLCA 2600 JENNY WREN TRAIL SUN PRAIRIE, WI 53590 |
* | $ -1,000 | 1 | $ 42,000 |
| AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ -1,000 | 1 | $ 259,000 |
| RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ -1,000 | 1 | $ 94,000 |
| MID AMERICA MORTGAGE, INC. 15301 SPECTRUM DRIVE, SUITE 405 ADDISON, TX 75001 |
* | $ -1,000 | 1 | $ 199,000 |
| LONGBRIDGE FINANCIAL, LLC ONE INTERNATIONAL BLVD. MAHWAH, NJ 07495 |
* | $ -1,000 | 1 | $ 123,000 |
| FIRST INTERNATIONAL BANK & TRUST 1600 S BDWAY MINOT, ND 58701 |
* | $ 2,262,003,000 | 1 | $ 83,000 |
| UNITY BANK 1180 W 4TH STREET RUSH CITY, MN 55069 |
* | $ 204,313,000 | 1 | $ 115,000 |
| HANCOCK MORTGAGE PARTNERS, LLC ONE SUGAR CREEK CENTER BLVD SUITE 1000 SUGAR LAND, TX 77478 |
* | $ -1,000 | 1 | $ 240,000 |
| BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 1 | $ 268,000 |
| ZILLOW HOME LOANS, LLC 10975 EL MONTE ST OVERLAND PARK, KS 66211 |
* | $ -1,000 | 1 | $ 123,000 |
| MIDWEST BANK 613 HWY 10 E PO BOX 703 DETROIT LAKES, MN 56501 |
* | $ 387,051,000 | 1 | $ 20,000 |
| FIRST COMMUNITY MORTGAGE, INC. 275 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ -1,000 | 1 | $ 139,000 |
| CHOU TEAM REALTY, LLC 25391 COMMERCENTRE DRIVE LAKE FOREST, CA 92630 |
* | $ 2,800,000,000 | 1 | $ 180,000 |
| HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ -1,000 | 1 | $ 144,000 |
| GSF MORTGAGE CORPORATION 15430 W CAPITOL DRIVE BROOKFIELD, WI 53005 |
* | $ -1,000 | 1 | $ 206,000 |
| CAPITAL BANK, NATIONAL ASSOCIATION ONE CHURCH ST SUITE 300 ROCKVILLE, MD 20850 |
* | $ 900,659,000 | 1 | $ 304,000 |
| BAXTER CREDIT UNION 340 N MILWAUKEE AVE VERNON HILLS, IL 60061 |
* | $ 2,629,405,000 | 1 | $ 25,000 |
| TEXAS CAPITAL BANK, NATIONAL ASSOCIATION 2000 MCKINNEY AVE SUITE 700 DALLAS, TX 75201 |
* | $ 21,689,804,000 | 1 | $ 280,000 |
| PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 355,999,734,000 | 1 | $ 127,000 |
| MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 13,265,339,000 | 1 | $ 1,000 |
| LIBERTY SAVINGS BANK, F.S.B. 3435 AIRBORNE RD, STE B WILMINGTON, OH 45177 |
* | $ 629,495,000 | 1 | $ 100,000 |
| THE LOAN STORE, INC. 222 KEARNY STREET, SUITE 650 SAN FRANCISCO, CA 94108 |
* | $ -1,000 | 1 | $ 272,000 |
| WINGS FINANCIAL 14985 GLAZIER AVENUE APPLE VALLEY, MN 55124 |
* | $ 4,435,339,000 | 1 | $ 164,000 |
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 Polk County MN in 2017
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 | 600 | $93,504,000 | $155,000 | $498,000 | $67,000 | $1,333,000 |
| Refinancing | 405 | $62,506,000 | $154,000 | $700,000 | $83,000 | $2,811,000 |
| Home Improvement | 119 | $9,306,000 | $78,000 | $425,000 | $80,000 | $239,000 |
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 | 869 | $129,999,000 | $149,000 | $700,000 | $84,000 | $2,811,000 |
| Not applicable | 149 | $21,082,000 | $141,000 | $424,000 | $8,000 | $285,000 |
| Not Provided | 70 | $9,447,000 | $134,000 | $468,000 | $89,000 | $1,333,000 |
| Hispanic | 19 | $2,313,000 | $121,000 | $284,000 | $58,000 | $137,000 |
| American Indian or Alaskan Native | 12 | $1,518,000 | $126,000 | $255,000 | $92,000 | $220,000 |
| Black or African American | 5 | $957,000 | $191,000 | $254,000 | $63,000 | $74,000 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 795 | $114,471,000 | $143,000 | $700,000 | $85,000 | $2,811,000 |
| FHA-insured (Federal Housing Administration) | 179 | $25,333,000 | $141,000 | $280,000 | $48,000 | $220,000 |
| VA-guaranteed (Veterans Administration) | 103 | $20,478,000 | $198,000 | $473,000 | $57,000 | $239,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 47 | $5,034,000 | $107,000 | $191,000 | $25,000 | $78,000 |
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 | 694 | $103,600,000 | $149,000 | $700,000 | $85,000 | $2,811,000 |
| Loan Purchased By The Institution | 174 | $27,015,000 | $155,000 | $424,000 | $26,000 | $285,000 |
| Application Denied By Financial Institution | 124 | $15,196,000 | $122,000 | $425,000 | $60,000 | $239,000 |
| Application Withdrawn By Applicant | 79 | $12,353,000 | $156,000 | $421,000 | $104,000 | $1,333,000 |
| File Closed For Incompleteness | 30 | $4,374,000 | $145,000 | $473,000 | $69,000 | $220,000 |
| Application Approved But Not Accepted | 23 | $2,778,000 | $120,000 | $439,000 | $71,000 | $164,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 33 | $3,480,000 | $105,000 | $425,000 | $56,000 | $239,000 |
| Debt-To-Income Ratio | 28 | $3,421,000 | $122,000 | $424,000 | $58,000 | $183,000 |
| Collateral | 13 | $1,280,000 | $98,000 | $350,000 | $68,000 | $116,000 |
| Credit Application Incomplete | 12 | $1,767,000 | $147,000 | $323,000 | $81,000 | $153,000 |
| Other | 5 | $404,000 | $80,000 | $177,000 | $86,000 | $142,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $696,000 | $174,000 | $279,000 | $72,000 | $159,000 |
| Employment History | 2 | $350,000 | $175,000 | $229,000 | $61,000 | $72,000 |
| Unverifiable Information | 1 | $100,000 | $100,000 | $100,000 | $25,000 | $25,000 |
| 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.