Red Lake County MN
Mortgage Loan Application
Totals and Details
for 2010
Find mortgage statistics and lending data for the Red Lake County MN metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2023.
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 Red Lake 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 | 2023 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 | 113 |
| Total Mortgage Loan Application Amount | $9,297,000 |
| Average Mortgage Loan Application Amount | $82,000 |
| Highest Mortgage Loan Application Amount | $262,000 |
| Average Applicant Income | $51,000 |
| Highest Applicant Income | $138,000 |
| Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
|---|---|---|---|---|
| UNITY BANK NORTH PO BOX 280 RED LAKE FALLS, MN 56750 |
* | $ 67,828,000 | 34 | $ 2,205,000 |
| WELLS FARGO BANK, NA 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 608,778,000,000 | 20 | $ 1,289,000 |
| JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,627,684,000,000 | 8 | $ 742,000 |
| WEALTHBRIDGE MORTGAGE CORP. 15455 NW GREENBRIER PKWY, STE. 111 BEAVERTON, OR 97006 |
* | $ 10,000,000 | 8 | $ 1,070,000 |
| EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 7 | $ 701,000 |
| US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 276,376,130,000 | 5 | $ 279,000 |
| UNITY BANK 1180 W 4TH STREET RUSH CITY, MN 55069 |
* | $ 189,296,000 | 5 | $ 580,000 |
| ULTIMA BANK MINNESOTA 603 HILLIGOSS BLVD. SE FOSSTON, MN 56542 |
* | $ 93,216,000 | 4 | $ 230,000 |
| ALLY BANK F/K/A/ GMAC BANK 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 55,302,902,000 | 2 | $ 207,000 |
| BREMER BANK NA (GRAND FORKS) 3100 SOUTH COLUMBIA RD GRAND FORKS, ND 58201 |
* | $ 833,299,000 | 2 | $ 250,000 |
| BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 1,465,221,449,000 | 2 | $ 236,000 |
| CITIMORTGAGE, INC 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 2 | $ 120,000 |
| GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 2 | $ 207,000 |
| RIVER CITY MORTGAGE AND FINANC 5001 AMERICAN BLVD SUITE 1000 BLOOMINGTON, MN 55437 |
* | $ 10,000,000 | 1 | $ 64,000 |
| LENDSOURCE INC 12701 WHITEWATER DR STE 340 MINNETONKA, MN 55343 |
* | $ 10,000,000 | 1 | $ 170,000 |
| FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 475,815,000 | 1 | $ 10,000 |
| US BANK NORTH DAKOTA 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 5,122,657,000 | 1 | $ 85,000 |
| WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 1 | $ 64,000 |
| CITIFINANCIAL SERVICES INC 300 ST PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 1 | $ 129,000 |
| FIRST STATE MORTGAGE SERVICES, LLC 502 N HERSHEY ROAD MENDOTA, IL 61704 |
* | $ 327,995,000 | 1 | $ 105,000 |
| AMERICAN FEDERAL BANK 215 NORTH 5TH STREET FARGO, ND 58102 |
* | $ 400,815,000 | 1 | $ 64,000 |
| SIGNATURE FEDERAL CREDIT UNION 12 HERBERT ST. ALEXANDRIA, VA 22313 |
* | $ 257,702,000 | 1 | $ 100,000 |
| NFCU 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 39,610,194,000 | 1 | $ 136,000 |
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 Red Lake County MN in 2010
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 | 63 | $6,059,000 | $96,000 | $228,000 | $51,000 | $138,000 |
| Home Purchase | 36 | $2,528,000 | $70,000 | $262,000 | $43,000 | $118,000 |
| Home Improvement | 14 | $710,000 | $50,000 | $143,000 | $71,000 | $127,000 |
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 | 95 | $7,804,000 | $82,000 | $262,000 | $55,000 | $127,000 |
| Not applicable | 8 | $630,000 | $78,000 | $120,000 | $0 | $0 |
| Not Provided | 8 | $772,000 | $96,000 | $170,000 | $69,000 | $138,000 |
| American Indian or Alaskan Native | 2 | $91,000 | $45,000 | $56,000 | $21,000 | $25,000 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
| Hispanic | 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) | 83 | $6,585,000 | $79,000 | $262,000 | $55,000 | $138,000 |
| FHA-insured (Federal Housing Administration) | 25 | $2,375,000 | $95,000 | $170,000 | $43,000 | $95,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 5 | $337,000 | $67,000 | $105,000 | $35,000 | $65,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 65 | $4,683,000 | $72,000 | $262,000 | $59,000 | $138,000 |
| Application Denied By Financial Institution | 18 | $1,585,000 | $88,000 | $228,000 | $50,000 | $95,000 |
| Loan Purchased By The Institution | 13 | $1,260,000 | $96,000 | $205,000 | $18,000 | $111,000 |
| Application Withdrawn By Applicant | 12 | $1,292,000 | $107,000 | $206,000 | $53,000 | $83,000 |
| Application Approved But Not Accepted | 4 | $421,000 | $105,000 | $129,000 | $40,000 | $65,000 |
| File Closed For Incompleteness | 1 | $56,000 | $56,000 | $56,000 | $25,000 | $25,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 5 | $491,000 | $98,000 | $165,000 | $56,000 | $87,000 |
| Credit Application Incomplete | 1 | $78,000 | $78,000 | $78,000 | $32,000 | $32,000 |
| Debt-To-Income Ratio | 1 | $51,000 | $51,000 | $51,000 | $28,000 | $28,000 |
| Mortgage Insurance Denied | 1 | $77,000 | $77,000 | $77,000 | $65,000 | $65,000 |
| Other | 1 | $10,000 | $10,000 | $10,000 | $32,000 | $32,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 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.