Polk County MN
Mortgage Loan Application
Totals and Details
for 2021

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 1,685
Total Mortgage Loan Application Amount $293,365,000
Average Mortgage Loan Application Amount $174,000
Highest Mortgage Loan Application Amount $965,000
Average Applicant Income $95,000
Highest Applicant Income $2,100,000

Mortgage Company List for Lending in Polk County MN for 2021

* 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
* $ 13,105,582,000 198 $ 31,080,000
GATE CITY BANK
500 2ND AVE N
FARGO, ND 58102
* $ 2,380,296,000 117 $ 21,145,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 97 $ 14,555,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,708,246,000 87 $ 15,855,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 80 $ 17,970,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 67 $ 11,765,000
AMERICAN FEDERAL BANK
215 N 5TH ST
FARGO, ND 58102
* $ 628,546,000 66 $ 12,570,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,747,398,000,000 58 $ 9,870,000
FIRST COMMUNITY CREDIT UNION
111 9TH ST SW
JAMESTOWN, ND 58401
* $ 850,203,000 56 $ 7,760,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,354,874,000 45 $ 9,115,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 42 $ 7,560,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 37 $ 6,945,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 35 $ 5,765,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 31 $ 5,385,000
FLORIDA CAPITAL BANK, NATIONAL ASSOCIATION
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 496,400,000 30 $ 5,580,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 28 $ 4,440,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 20 $ 3,750,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 19 $ 3,225,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 98,729,134,000 15 $ 1,435,000
FIRST INTERNATIONAL BANK & TRUST
1600 S BDWAY
MINOT, ND 58701
* $ 3,466,051,000 15 $ 3,375,000
CHOICE FINANCIAL GROUP
4501 23RD AVE S
FARGO, ND 58104
* $ 2,379,086,000 15 $ 4,135,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 14 $ 2,700,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 14 $ 2,630,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 13 $ 1,945,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 12 $ 2,060,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 46,627,366,000 12 $ 2,510,000
UNITY BANK
207 W LINCOLN ST
AUGUSTA, WI 54722
* $ 527,192,000 12 $ 1,390,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 12 $ 2,150,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 11 $ 1,805,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,399,512,000 11 $ 1,145,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 104,052,030,000 11 $ 1,985,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,864,126,000 11 $ 2,065,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 11 $ 2,265,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 10 $ 2,150,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 9 $ 2,405,000
UNION STATE BANK OF FARGO
4530 17TH AVENUE SOUTH
FARGO, ND 58103
* $ 109,857,000 9 $ 1,295,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 9 $ 1,445,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 9 $ 1,195,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 8 $ 1,410,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 7 $ 995,000
BANK FORWARD
390 WHEAT STREET, PO BOX 100
HANNAFORD, ND 58448
* $ 717,012,000 7 $ 1,525,000
WESTERN STATE BANK
755 13TH AVE E
WEST FARGO, ND 58108
* $ 1,286,460,000 7 $ 935,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 7 $ 1,405,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 6 $ 910,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 6 $ 960,000
RIVERWOOD BANK
14540 DELLWOOD DR PO BOX 2947
BAXTER, MN 56425
* $ 445,320,000 5 $ 365,000
LEND SMART MORTGAGE, LLC
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ -1,000 5 $ 915,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,633,125,000 5 $ 895,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 5 $ 825,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 6,492,180,000 5 $ 1,695,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 4 $ 650,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 4 $ 930,000
CAPITAL CREDIT UNION
PO BOX 2096
BISMARCK, ND 58502
* $ 540,918,000 4 $ 670,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
NEW YORK, NY 10013
* $ -1,000 4 $ 1,300,000
LOWER, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 4 $ 710,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 4 $ 390,000
ARK-LA-TEX FINANCIAL SERVICES, LLC.
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 4 $ 940,000
VALLEY MORTGAGE, INC.
3315 45TH ST S, SUITE 200
FARGO, ND 58104
* $ -1,000 3 $ 285,000
RESULTS MORTGAGE, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 3 $ 565,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 3 $ 375,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 3 $ 335,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 3 $ 605,000
CHICAGO MORTGAGE SOLUTIONS LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ -1,000 3 $ 475,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 715,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 3 $ 635,000
HOME LOAN INVESTMENT BANK, F.S.B.
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 346,188,000 3 $ 65,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 3 $ 395,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ -1,000 3 $ 435,000
SOFI LENDING CORP.
375 HEALDSBURG AVENUE, SUITE 280
HEALDSBURG, CA 95448
* $ -1,000 3 $ 445,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 3 $ 495,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 3 $ 555,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 3 $ 495,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 3 $ 445,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 3 $ 915,000
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 32,529,274,000 2 $ 370,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 187,526,000 2 $ 260,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,503,779,000 2 $ 420,000
HANCOCK MORTGAGE PARTNERS, LLC
ONE SUGAR CREEK CENTER BLVD SUITE 1000
SUGAR LAND, TX 77478
* $ -1,000 2 $ 110,000
FIRST WESTERN BANK & TRUST
900 SOUTH BROADWAY
MINOT, ND 58701
* $ 1,089,559,000 2 $ 100,000
TOWN AND COUNTRY CREDIT UNION
615 S BROADWAY ST
MINOT, ND 58701
* $ 484,003,000 2 $ 410,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 2 $ 310,000
TOTAL MORTGAGE SERVICES, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ -1,000 2 $ 280,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 2 $ 490,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,553,647,000 2 $ 210,000
EMPEOPLE CREDIT UNION
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,131,130,000 2 $ 390,000
BANKWEST, INC.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 1,205,032,000 2 $ 200,000
HOMEOWNERS FINANCIAL GROUP USA, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85264
* $ -1,000 2 $ 670,000
HOMETOWN LENDERS, INC.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 2 $ 360,000
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 2 $ 610,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ -1,000 2 $ 320,000
CAMBRIA FINANCIAL GROUP, LLC
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 2 $ 550,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 150,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 245,000
LADERA LENDING, INC.
555 CORPORATE DRIVE SUITE 215
LADERA RANCH, CA 92694
* $ -1,000 1 $ 155,000
AGCOUNTRY FARM CREDIT SERVICES, FLCA
1900 44TH ST S - PO BOX 6020
FARGO, ND 58108
* $ -1,000 1 $ 205,000
SEATRUST MORTGAGE COMPANY
1001 MILITARY CUTOFF RD STE 350
WILMINGTON, NC 28405
* $ -1,000 1 $ 115,000
LIMA ONE CAPITAL, LLC
201 E. MCBEE AVE, SUITE 300
GREENVILLE, SC 29601
* $ -1,000 1 $ 95,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ -1,000 1 $ 205,000
COMMUNITY FIRST NATIONAL BANK
215 S SETH CHILD RD
MANHATTAN, KS 66502
* $ 292,682,000 1 $ 265,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 225,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 1 $ 55,000
WASHINGTON TRUST BANK
717 W SPRAGUE AVE
SPOKANE, WA 99201
* $ 7,151,922,000 1 $ 155,000
DEERWOOD BANK
21236 ARCHIBALD ROAD
DEERWOOD, MN 56444
* $ 719,021,000 1 $ 85,000
CHERRY CREEK MORTGAGE, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
GREENWOOD VILLAGE, CO 80111
* $ -1,000 1 $ 215,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ -1,000 1 $ 115,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 135,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 24,774,361,000 1 $ 205,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 1 $ 165,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 1 $ 235,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,384,707,000,000 1 $ 75,000
FIRST SAVINGS BANK
501 E. LEWIS & CLARK PARKWAY
CLARKSVILLE, IN 47129
* $ 1,289,704,000 1 $ 225,000
CANOPY MORTGAGE, LLC
380 TECHNOLOGY CT, SUITE 200
LINDON, UT 84042
* $ -1,000 1 $ 255,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 15,000
NORTH SHORE BANK OF COMMERCE
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 286,645,000 1 $ 115,000
EQUITY PRIME MORTGAGE LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 195,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 195,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ -1,000 1 $ 115,000
LOAN SIMPLE, INC.
9635 MAROON CIRCLE SUITE 100
ENGLEWOOD, CO 80112
* $ -1,000 1 $ 245,000
LENDERFI, INC.
23875 VENTURA BLVD SUITE 203B
CALABASAS, CA 91302
* $ -1,000 1 $ 165,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 1 $ 55,000
FIRST TECHNOLOGY
3555 SW 153RD DR
BEAVERTON, OR 97003
* $ 13,110,529,000 1 $ 45,000
LENDINGONE, LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 65,000
LIBERTY SAVINGS BANK, F.S.B.
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 700,768,000 1 $ 175,000
PARAMOUNT BANK
90 VILLAGE SQUARE SHOPPING CENTER
HAZELWOOD, MO 63072
* $ 104,250,000 1 $ 195,000
DATA MORTGAGE, INC.
2200 W. ORANGEWOOD AVE SUITE 150
ORANGE, CA 92868
* $ -1,000 1 $ 425,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 137,588,093,000 1 $ 305,000
MEMBERS COOPERATIVE
4628 MIKE COLALILLO DR
DULUTH, MN 55807
* $ 796,073,000 1 $ 45,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 85,000
ALLY BANK
2101, 300 EAST REXFORD RD
CHARLOTTE, NC 28211
* $ 167,492,000,000 1 $ 175,000
ACCELERATE MORTGAGE, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 1 $ 195,000
AMERICAN NATIONAL BANK OF MINNESOTA
1920 SOUTH SIXTH STREET
BRAINERD, MN 56401
* $ 306,098,000 1 $ 185,000
WESTSTAR MORTGAGE CORPORATION
6363 NORTH STATE HIGHWAY 161
IRVING, TX 75038
* $ -1,000 1 $ 95,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 165,000
WATERMARK CAPITAL, INC.
100 SPECTRUM CENTER DR STE 150
IRVINE, CA 92618
* $ -1,000 1 $ 85,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 1 $ 75,000
FIRST NATIONAL BANK OF OMAHA
1620 DODGE STREET
OMAHA, NE 68197
* $ 22,555,038,000 1 $ 235,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 1 $ 305,000
LINCOLN SAVINGS BANK
301 WASHINGTON ST
CEDAR FALLS, IA 50613
* $ 1,371,963,000 1 $ 365,000

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 2021

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 620 $117,150,000 $188,000 $605,000 $81,000 $528,000
Refinancing 588 $104,250,000 $177,000 $965,000 $97,000 $676,000
Cash-out Refinancing 345 $58,945,000 $170,000 $755,000 $97,000 $1,071,000
Home Improvement 65 $6,825,000 $105,000 $905,000 $93,000 $351,000
Other Purpose 54 $5,110,000 $94,000 $385,000 $191,000 $2,100,000
Not Applicable 13 $1,085,000 $83,000 $155,000 $0 $0

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 1,245 $218,235,000 $175,000 $905,000 $96,000 $2,100,000
Not applicable 210 $37,950,000 $180,000 $965,000 $0 $0
Not Provided 155 $25,125,000 $162,000 $415,000 $95,000 $604,000
Hispanic 45 $6,935,000 $154,000 $265,000 $72,000 $676,000
American Indian or Alaskan Native 14 $2,710,000 $193,000 $475,000 $88,000 $349,000
Asian 8 $1,200,000 $150,000 $265,000 $50,000 $80,000
Black or African American 6 $1,100,000 $183,000 $255,000 $67,000 $92,000
Native Hawaiian or Other Pacific Islander 1 $75,000 $75,000 $75,000 $62,000 $62,000

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) 1,245 $215,565,000 $173,000 $965,000 $102,000 $2,100,000
FHA-insured (Federal Housing Administration) 181 $28,055,000 $155,000 $345,000 $67,000 $520,000
VA-guaranteed (Veterans Administration) 158 $33,000,000 $208,000 $435,000 $70,000 $234,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 101 $16,745,000 $165,000 $305,000 $55,000 $106,000

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 1,064 $190,710,000 $179,000 $905,000 $94,000 $1,282,000
Loan Purchased By The Institution 203 $35,875,000 $176,000 $445,000 $107,000 $232,000
Application Withdrawn By Applicant 173 $28,855,000 $166,000 $965,000 $93,000 $524,000
Application Denied By Financial Institution 161 $23,245,000 $144,000 $495,000 $74,000 $820,000
File Closed For Incompleteness 59 $9,775,000 $165,000 $415,000 $154,000 $2,100,000
Application Approved But Not Accepted 24 $4,550,000 $189,000 $405,000 $124,000 $604,000
Preapproval Approved but not Accepted 1 $355,000 $355,000 $355,000 $200,000 $200,000
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
Not applicable 1,505 $267,765,000 $177,000 $965,000 $98,000 $2,100,000
Debt-To-Income Ratio 65 $10,615,000 $163,000 $495,000 $56,000 $224,000
Credit History 37 $4,475,000 $120,000 $315,000 $82,000 $820,000
Collateral 31 $4,015,000 $129,000 $445,000 $86,000 $282,000
Credit Application Incomplete 21 $3,045,000 $145,000 $255,000 $58,000 $129,000
Other 18 $2,350,000 $130,000 $275,000 $105,000 $676,000
Unverifiable Information 6 $810,000 $135,000 $315,000 $111,000 $256,000
Employment History 1 $165,000 $165,000 $165,000 $37,000 $37,000
Insufficient Cash (Downpayment, Closing Cost) 1 $125,000 $125,000 $125,000 $57,000 $57,000
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.

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