Red Lake County MN
Mortgage Loan Application
Totals and Details
for 2019

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 2003-2022.
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 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 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 109
Total Mortgage Loan Application Amount $13,215,000
Average Mortgage Loan Application Amount $121,000
Highest Mortgage Loan Application Amount $525,000
Average Applicant Income $75,000
Highest Applicant Income $170,000

Mortgage Company List for Lending in Red Lake County MN for 2019

* 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
UNITY BANK
207 W LINCOLN ST
AUGUSTA, WI 54722
* $ 179,910,000 13 $ 1,705,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 10 $ 1,780,000
BORDER BANK
133 MAIN STREET N
GREENBUSH, MN 56726
* $ 593,663,000 8 $ 330,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 459,476,604,000 7 $ 995,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,689,351,000,000 7 $ 795,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,218,960,000,000 6 $ 550,000
ULTIMA BANK MINNESOTA
603 HILLIGOSS BLVD. SE
FOSSTON, MN 56542
* $ 176,649,000 6 $ 420,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 4 $ 540,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 12,122,519,000 4 $ 430,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 108,015,112,000 3 $ 195,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 2 $ 170,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 2 $ 340,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 2 $ 200,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 240,000
WESTERN STATE BANK
755 13TH AVE E
WEST FARGO, ND 58108
* $ 1,097,329,000 2 $ 170,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,111,480,000 2 $ 110,000
GATE CITY BANK
500 2ND AVE N
FARGO, ND 58102
* $ 2,231,157,000 2 $ 380,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 2 $ 340,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 1 $ 155,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 1 $ 105,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 135,000
HERITAGE BANK NATIONAL ASSOCIATION
100 SOUTH STREET W
SPICER, MN 56288
* $ 434,815,000 1 $ 65,000
VALLEY MORTGAGE, INC.
3315 45TH ST S, SUITE 200
FARGO, ND 58104
* $ -1,000 1 $ 225,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 65,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,766,499,000 1 $ 125,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 1 $ 185,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 1 $ 135,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 1 $ 145,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,933,790,000 1 $ 155,000
LONGBRIDGE FINANCIAL, LLC
ONE INTERNATIONAL BLVD.
MAHWAH, NJ 07495
* $ -1,000 1 $ 35,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 115,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 65,000
EMPEOPLE CREDIT UNION
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,039,284,000 1 $ 145,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,706,892,000 1 $ 205,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 1 $ 85,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 185,000
AMERICAN BANK OF THE NORTH
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 540,407,000 1 $ 115,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,782,639,000,000 1 $ 25,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 1 $ 255,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 1 $ 95,000

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 2019

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 40 $4,680,000 $117,000 $525,000 $58,000 $123,000
Refinancing 30 $4,530,000 $151,000 $385,000 $70,000 $149,000
Cash-out Refinancing 19 $3,035,000 $159,000 $285,000 $103,000 $170,000
Home Improvement 11 $515,000 $46,000 $95,000 $71,000 $137,000
Other Purpose 6 $260,000 $43,000 $85,000 $99,000 $153,000
Not Applicable 3 $195,000 $65,000 $95,000 $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 84 $9,950,000 $118,000 $385,000 $74,000 $170,000
Not applicable 15 $2,225,000 $148,000 $525,000 $0 $0
Not Provided 6 $500,000 $83,000 $135,000 $97,000 $152,000
American Indian or Alaskan Native 2 $170,000 $85,000 $165,000 $45,000 $45,000
Hispanic 2 $370,000 $185,000 $255,000 $97,000 $97,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 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) 73 $8,185,000 $112,000 $525,000 $78,000 $153,000
FHA-insured (Federal Housing Administration) 17 $2,465,000 $145,000 $265,000 $62,000 $170,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 11 $1,005,000 $91,000 $165,000 $43,000 $62,000
VA-guaranteed (Veterans Administration) 8 $1,560,000 $195,000 $285,000 $84,000 $104,000

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 58 $6,940,000 $119,000 $525,000 $81,000 $170,000
Loan Purchased By The Institution 20 $2,900,000 $145,000 $365,000 $84,000 $129,000
Application Denied By Financial Institution 18 $2,060,000 $114,000 $385,000 $56,000 $130,000
Application Withdrawn By Applicant 9 $965,000 $107,000 $185,000 $56,000 $127,000
File Closed For Incompleteness 3 $325,000 $108,000 $155,000 $97,000 $153,000
Application Approved But Not Accepted 1 $25,000 $25,000 $25,000 $45,000 $45,000
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
Not applicable 76 $10,290,000 $135,000 $525,000 $79,000 $170,000
Debt-To-Income Ratio 18 $1,370,000 $76,000 $385,000 $77,000 $153,000
Collateral 8 $820,000 $102,000 $255,000 $67,000 $125,000
Credit History 4 $310,000 $77,000 $115,000 $43,000 $57,000
Unverifiable Information 1 $95,000 $95,000 $95,000 $0 $0
Credit Application Incomplete 1 $265,000 $265,000 $265,000 $74,000 $74,000
Employment History 1 $65,000 $65,000 $65,000 $31,000 $31,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 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