Red Lake County MN
Mortgage Loan Application
Totals and Details
for 2022
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 | 61 |
| Total Mortgage Loan Application Amount | $8,795,000 |
| Average Mortgage Loan Application Amount | $144,000 |
| Highest Mortgage Loan Application Amount | $655,000 |
| Average Applicant Income | $83,000 |
| Highest Applicant Income | $276,000 |
| 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 |
* | $ 593,196,000 | 10 | $ 1,520,000 |
| UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 7 | $ 1,385,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,779,504,000,000 | 4 | $ 380,000 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ -1,000 | 3 | $ 555,000 |
| CRESCENT MORTGAGE COMPANY 6600 PEACHTREE DUNWOODY ROAD SUITE 650 ATLANTA, GA 30328 |
* | $ -1,000 | 3 | $ 635,000 |
| PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 2 | $ 330,000 |
| FRANDSEN BANK & TRUST 116 CENTRAL STREET WEST LONSDALE, MN 55046 |
* | $ 2,730,710,000 | 2 | $ 290,000 |
| UNION STATE BANK OF FARGO 4530 17TH AVENUE SOUTH FARGO, ND 58103 |
* | $ 109,857,000 | 2 | $ 180,000 |
| BREMER BANK, NATIONAL ASSOCIATION 372 ST. PETER STREET ST. PAUL, MN 55102 |
* | $ 16,499,164,000 | 2 | $ 180,000 |
| HIWAY 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 1,671,091,000 | 2 | $ 100,000 |
| RIVERWOOD BANK 14540 DELLWOOD DR PO BOX 2947 BAXTER, MN 56425 |
* | $ 550,041,000 | 2 | $ 50,000 |
| AMERICAN FEDERAL BANK 215 N 5TH ST FARGO, ND 58102 |
* | $ 684,318,000 | 2 | $ 510,000 |
| SERVION, INC. 500 MAIN STREET NEW BRIGHTON, MN 55112 |
* | $ -1,000 | 1 | $ 85,000 |
| AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 1 | $ 105,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 1 | $ 95,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ -1,000 | 1 | $ 95,000 |
| SPRING EQ, LLC 2929 ARCH ST PHILADELPHIA, PA 19104 |
* | $ -1,000 | 1 | $ 155,000 |
| WINGS FINANCIAL 14985 GLAZIER AVENUE APPLE VALLEY, MN 55124 |
* | $ 7,846,662,000 | 1 | $ 175,000 |
| CHICAGO MORTGAGE SOLUTIONS LLC 9525 W BRYN MAWR AVE ROSEMONT, IL 60018 |
* | $ -1,000 | 1 | $ 155,000 |
| FIRST COMMUNITY MORTGAGE, INC. 275 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ -1,000 | 1 | $ 205,000 |
| THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 173,414,362,000 | 1 | $ 115,000 |
| NORTH STAR CREDIT UNION 24 S RIVER ST COOK, MN 55723 |
* | $ 84,726,000 | 1 | $ 35,000 |
| HEARTLAND CREDIT UNION 5500 SOUTH ROBERT TRL INVER GROVE HEIGHTS, MN 55016 |
* | $ 167,172,000 | 1 | $ 45,000 |
| DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 108,342,526,000 | 1 | $ 305,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 117,378,701,000 | 1 | $ 195,000 |
| NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ -1,000 | 1 | $ 145,000 |
| NORTHWEST BANK 705 GRAND AVE. SPENCER, IA 51301 |
* | $ 2,278,779,000 | 1 | $ 55,000 |
| BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 1 | $ 55,000 |
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 2022
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 | 30 | $5,220,000 | $174,000 | $655,000 | $73,000 | $248,000 |
| Refinancing | 15 | $1,585,000 | $105,000 | $315,000 | $72,000 | $158,000 |
| Cash-out Refinancing | 8 | $1,270,000 | $158,000 | $325,000 | $78,000 | $153,000 |
| Other Purpose | 7 | $615,000 | $87,000 | $305,000 | $129,000 | $276,000 |
| Home Improvement | 1 | $105,000 | $105,000 | $105,000 | $214,000 | $214,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $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 | 48 | $7,070,000 | $147,000 | $655,000 | $80,000 | $248,000 |
| Not applicable | 7 | $1,065,000 | $152,000 | $405,000 | $0 | $0 |
| Not Provided | 5 | $535,000 | $107,000 | $215,000 | $98,000 | $276,000 |
| Hispanic | 1 | $125,000 | $125,000 | $125,000 | $158,000 | $158,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 48 | $6,630,000 | $138,000 | $655,000 | $86,000 | $276,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 6 | $840,000 | $140,000 | $205,000 | $86,000 | $158,000 |
| FHA-insured (Federal Housing Administration) | 5 | $805,000 | $161,000 | $215,000 | $53,000 | $91,000 |
| VA-guaranteed (Veterans Administration) | 2 | $520,000 | $260,000 | $325,000 | $100,000 | $153,000 |
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 | 37 | $4,995,000 | $135,000 | $655,000 | $85,000 | $248,000 |
| Application Withdrawn By Applicant | 9 | $1,285,000 | $142,000 | $215,000 | $93,000 | $276,000 |
| Application Denied By Financial Institution | 8 | $1,520,000 | $190,000 | $325,000 | $65,000 | $153,000 |
| Loan Purchased By The Institution | 4 | $610,000 | $152,000 | $205,000 | $0 | $0 |
| File Closed For Incompleteness | 2 | $210,000 | $105,000 | $155,000 | $83,000 | $137,000 |
| Application Approved But Not Accepted | 1 | $175,000 | $175,000 | $175,000 | $82,000 | $82,000 |
| 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 | 42 | $5,720,000 | $136,000 | $405,000 | $91,000 | $276,000 |
| Debt-To-Income Ratio | 12 | $1,740,000 | $145,000 | $655,000 | $73,000 | $248,000 |
| Collateral | 3 | $735,000 | $245,000 | $325,000 | $85,000 | $153,000 |
| Credit Application Incomplete | 1 | $85,000 | $85,000 | $85,000 | $40,000 | $40,000 |
| Credit History | 1 | $55,000 | $55,000 | $55,000 | $13,000 | $13,000 |
| Other | 1 | $315,000 | $315,000 | $315,000 | $90,000 | $90,000 |
| Unverifiable Information | 1 | $145,000 | $145,000 | $145,000 | $68,000 | $68,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| 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.