Redwood County MN
Mortgage Loan Application
Totals and Details
for 2006

Find mortgage statistics and lending data for the Redwood 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 Redwood 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 751
Total Mortgage Loan Application Amount $58,401,000
Average Mortgage Loan Application Amount $77,000
Highest Mortgage Loan Application Amount $299,000
Average Applicant Income $50,000
Highest Applicant Income $820,000

Mortgage Company List for Lending in Redwood County MN for 2006

* 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
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 175,085,370,000 58 $ 5,006,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 403,258,000,000 50 $ 3,395,000
MINNWEST BANK
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 420,757,000 49 $ 2,096,000
MINNWEST MORTGAGE CORPORATION
5324 EAST ARROWHEAD PKY, SUITE 102
SIOUX FALLS, SD 57110
* $ 1,197,600,000 37 $ 3,609,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 706,497,000 28 $ 2,290,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 21 $ 1,734,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 208,867,410,000 16 $ 1,740,000
COUNTRYWIDE BANK, N.A.
35 NORTH LAKE, MS 35-148
PASADENA, CA 91101
* $ 73,116,292,000 16 $ 1,363,000
RESIDENTIAL FUNDING CORP. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 15 $ 1,145,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 177,231,290,000 15 $ 1,550,000
AEGIS LENDING CORPORATION
3250 BRIARPARK DR SUITE 400
HOUSTON, TX 77042
* $ 10,000,000 14 $ 1,145,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,013,985,000,000 14 $ 1,040,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 69,482,177,000 13 $ 1,102,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 706,497,000,000 13 $ 434,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 3,900,290,000 12 $ 944,000
AMERIQUEST MORTGAGE COMPANY
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 12 $ 1,034,000
DELTA FUNDING CORPORATION
1000 WOODBURY ROAD
WOODBURY, NY 11797
* $ 31,000,000 12 $ 1,200,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 12 $ 1,268,000
FIRST NLC FINANCIAL SERVICES,
4680 CONFERENCE WAY SOUTH
BOCA RATON, FL 33431
* $ 10,000,000 11 $ 878,000
INTEGRITY BANK PLUS
PO BOX 119
WABASSO, MN 56293
* $ 40,250,000 11 $ 344,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 22,481,092,000 11 $ 825,000
BNC MORTGAGE
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 2,500,000,000 10 $ 628,000
WASHINGTON MUTUAL BANK
227 EAST AVENUE
ALBION, NY 14411
* $ 330,706,384,000 10 $ 975,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 476,236,000 10 $ 386,000
PEOPLE'S CHOICE FINANCIAL CORP
7515 IRVINE CENTER DR.
IRVINE, CA 92618
* $ 10,000,000 9 $ 914,000
HFC COMPANY LLC
140 INDUSTRIAL DRIVE
ELMHURST, IL 60126
* $ 16,981,282,000 9 $ 820,000
WELLS FARGO FIN'L MINNESOTA
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 8 $ 592,000
DECISION ONE MORTGAGE
26525 N. RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 3,387,027,000 8 $ 687,000
ACCREDITED HOME LENDERS, INC
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 8 $ 820,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 6 $ 953,000
MILA, INC
6021 244TH ST. SW
MOUNTLAKE TERRACE, WA 98043
* $ 10,000,000 6 $ 374,000
FIELDSTONE MORTGAGE COMPANY
11000 BROKEN LAND PARKWAY, SUITE 900
COLUMBIA, MD 21044
* $ 10,000,000 6 $ 270,000
SAXON MORTGAGE
4840 COX ROAD
GLEN ALLEN, VA 23060
* $ 10,000,000 6 $ 434,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,082,250,290,000 6 $ 342,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,018,032,000 6 $ 313,000
OAK STREET MORTGAGE
11555 N MERIDIAN ST
CARMEL, IN 46032
* $ 10,000,000 6 $ 552,000
ARGENT MORTGAGE COMPANY
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 6 $ 529,000
CITIFINANCIAL SERVICES INC
300 ST PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 6 $ 165,000
M&I BANK FSB
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 1,438,837,000 5 $ 489,000
HOME LOAN INVESTMENT BANK
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 240,529,000 5 $ 305,000
FIRST MAGNUS FINANCIAL CORP
603 N. WILMOT ROAD
TUCSON, AZ 85711
* $ 10,000,000 5 $ 509,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 4 $ 390,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 4 $ 210,000
CENTENNIAL MORTGAGE & FUNDING
5001 AMERICAN BLVD WEST, STE 1000
BLOOMINGTON, MN 55437
* $ 10,000,000 4 $ 559,000
INDYMAC BANK, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 20,329,938,000 4 $ 244,000
CALUSA INVESTMENTS, L.L.C.
P.O. BOX 710840
HERNDON, VA 20171
* $ 10,000,000 4 $ 283,000
HSBC MORTGAGE SERVICES, INC.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 16,981,282,000 4 $ 326,000
ABN AMRO MTG GROUP INC
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 250,000,000 4 $ 311,000
REGIONS BANK
1900 5TH AVENUE N - ALBH10903B
BIRMINGHAM, AL 35203
* $ 81,074,402,000 3 $ 346,000
EQUITY ONE
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 21,874,000,000 3 $ 265,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 81,074,402,000 3 $ 284,000
ELOAN
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 3 $ 117,000
GREENPOINT MORTGAGE FUNDING
4 COLISEUM CENTRE, 2730 WEST TYVOLA ROAD
CHARLOTTE, NC 28217
* $ 6,677,533,000 3 $ 233,000
NORTHWEST BANK
101 W 5TH ST.
SPENCER, IA 51301
* $ 582,716,000 3 $ 214,000
CITIFINANCIAL MTG CO, INC
4000 REGENT BLVD
IRVING, TX 75063
* $ 32,424,600,000 3 $ 276,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 15,054,001,000 3 $ 177,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 12,329,271,000 3 $ 54,000
THRIVENT FINANCIAL BANK
122 EAST COLLEGE AVE., SUITE 1E
APPLETON, WI 54911
* $ 416,365,000 3 $ 122,000
CORINTHIAN MORTGAGE CORP
5750 W 95TH STREET, SUITE 155
OVERLAND PARK, KS 66207
* $ 341,661,000 3 $ 277,000
CAPITAL ONE HOME LOANS, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 3 $ 158,000
AMC MORTGAGE SERVICES, INC.
1100 TOWN & COUNTRY ROAD, SUITE 1100
IRVINE, CA 92868
* $ 10,000,000 3 $ 339,000
HOME123 CORPORATION
3351 MICHELSON DRIVE, SUITE 400
IRVINE, CA 92612
* $ 10,000,000 3 $ 199,000
TOWN & COUNTRY CREDIT
2010 MAIN STREET, SUITE 800
IRVINE, CA 92614
* $ 10,000,000 3 $ 398,000
SOUTHSTAR FUNDING, LLC
400 NORTHRDIGE ROAD, SUITE 1000
ATLANTA, GA 30350
* $ 10,000,000 3 $ 326,000
WMC MORTGAGE CORP.
3100 THORTON AVE
BURBANK, CA 91504
* $ 31,000,000 3 $ 165,000
HOMEFIELD FINANCIAL, INC.
410 EXCHANGE, SUITE 100
IRVINE, CA 92602
* $ 10,000,000 3 $ 219,000
WILMINGTON FINANCE, INC.
620 W GERMANTOWN RD
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 3 $ 289,000
CHASE MANHATTAN BANK USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 75,051,579,000 3 $ 308,000
TCF NATIONAL BANK
2508 LOUISE AVE S (002-01-P)
SIOUX FALLS, SD 57106
* $ 13,465,447,000 3 $ 197,000
NEW CENTURY MORTGAGE CORPORATI
18400 VON KARMAN AVE., SUITE 1000
IRVINE, CA 92612
* $ 10,000,000 3 $ 299,000
H&R BLOCK MORTGAGE CORPORATION
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 3 $ 213,000
OPTION ONE MORTGAGE CORP
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 3 $ 322,000
LOANCITY
5671 SANTA TERESA BOULEVARD
SAN JOSE, CA 95123
* $ 10,000,000 2 $ 113,000
AEGIS WHOLESALE CORPORATION
3250 BRIARPARK DR SUITE 400
HOUSTON, TX 77042
* $ 10,000,000 2 $ 173,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 2 $ 214,000
BEAR STEARNS RESIDENTIAL MORTG
9201 E. MOUNTAIN VIEW RD, STE 210
SCOTTSDALE, AZ 85258
* $ 2,926,352,230,000 2 $ 99,000
STONECREEK FUNDING CORPORATION
1515 WAZEE, SUITE 300
DENVER, CO 80202
* $ 10,000,000 2 $ 112,000
MARIBELLA MORTAGE, LLC
3600 MINNESOTA DRIVE, SUITE 650
EDINA, MN 55431
* $ 10,000,000 2 $ 68,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 12,218,679,000 2 $ 124,000
LONG BEACH MORTGAGE CO.
227 EAST AVENUE
ALBION, NY 14411
* $ 330,706,384,000 2 $ 91,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 36,499,554,000 2 $ 125,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 2,429,481,000 2 $ 208,000
AMERICANA COMMUNITY BANK
300 MAIN STREET WEST
SLEEPY EYE, MN 56085
* $ 165,911,000 2 $ 66,000
BANK OF THE WEST
1977 SATURN STREET MS SC-MPK-03-N
MONTEREY PARK, CA 91755
* $ 55,157,645,000 2 $ 170,000
AMERICANMTGNETWORK DBA VERTICE
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 473,000,000,000 2 $ 94,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 2 $ 290,000
ACCESS NATIONAL MORTGAGE CORP
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 1 $ 41,000
ANCHOR BANK FARMINGTON
324 OAK STREET
FARMINGTON, MN 55024
* $ 102,146,000 1 $ 32,000
M&T MORTGAGE CORPORATION
465 MAIN STREET - 5TH FLR - LAFAYETTE CT
BUFFALO, NY 14203
* $ 54,391,344,000 1 $ 83,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 184,959,000 1 $ 38,000
ALLIANCE BANK
322 N MINNESOTA ST PO BOX 757
NEW ULM, MN 56073
* $ 403,776,000 1 $ 160,000
CITIZENS BANK MINNESOTA
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 237,102,000 1 $ 114,000
VILLAGE BANK
3350 BRIDGE STREET NW
ST FRANCIS, MN 55070
* $ 189,732,000 1 $ 100,000
VOYAGER BANK
775 PRAIRIE CENTER DRIVE
EDEN PRAIRIE, MN 55344
* $ 532,903,000 1 $ 98,000
FREMONT INVESTMENT & LOAN
2727 E. IMPERIAL HIGHWAY
BREA, CA 92821
* $ 11,315,543,000 1 $ 60,000
CITIZENS BANK OF MASSACHUSETTS
28 STATE STREET
BOSTON, MA 02109
* $ 34,500,279,000 1 $ 14,000
PRINCIPAL BANK
711 HIGH STREET
DES MOINES, IA 50392
* $ 1,265,143,000 1 $ 15,000
M&I MORTGAGE CORP
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 202,128,000 1 $ 55,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,695,498,000 1 $ 100,000
COLONIAL SAVINGS, F. A.
P. O. BOX 2988
FORT WORTH, TX 76113
* $ 1,024,688,000 1 $ 70,000
FIREFLY
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 617,584,000 1 $ 61,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 649,784,000 1 $ 49,000
CAPITAL TRUST FEDERAL CU
30 EAST 7TH STREET, SUITE 270
ST. PAUL, MN 55101
* $ 45,759,000 1 $ 69,000
MERRILL LYNCH MORTGAGE LENDING
4 WORLD FINANCIAL CENTER, 12TH FLOOR
NEW YORK, NY 10280
* $ 19,717,040,000 1 $ 77,000
GMFS, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 1 $ 64,000
RESMAE MORTGAGE CORPORATION
6 POINTE DRIVE
BREA, CA 92821
* $ 10,000,000 1 $ 164,000
FMF CAPITAL LLC
25800 NORTHWESTERN HWY, STE. 500
SOUTHFIELD, MI 48075
* $ 180,821,000 1 $ 87,000
MORTGAGE IT INC
60 WALL ST
NEW YORK, NY 10005
* $ 10,000,000 1 $ 66,000
NOVASTAR MORTGAGE
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 1 $ 91,000
LENDERS DIRECT CAPITAL CORP
26140 ENTERPRISE WAY, 2ND FLOOR
LAKE FOREST, CA 92630
* $ 10,000,000 1 $ 149,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 44,000
THE LENDING CONNECTION, INC
5901 WARNER AVE #478
HUNTINGTON BEACH, CA 92649
* $ 10,000,000 1 $ 60,000
GREENLIGHT FINANCIAL SERVICES
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 1 $ 50,000
REFINANCE.COM
60 OAK DRIVE
SYOSSET, NY 11791
* $ 68,108,000 1 $ 165,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 40,000
HOME LOAN CORPORATION
450 GEARS ROAD, SUITE 600
HOUSTON, TX 77067
* $ 10,000,000 1 $ 84,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 26,000
HOME CAPITAL, INC.
5909 PEACHTREE-DUNWOODY ROAD NE, STE 100
ATLANTA, GA 30328
* $ 5,165,631,000 1 $ 78,000
MASTER FINANCIAL, INC.
505 CITY PARKWAY WEST SUITE 800
ORANGE, CA 92868
* $ 10,000,000 1 $ 106,000
AMERIFIRST H.I. FINANCE CO.
4405 SO 96TH STREET
OMAHA, NE 68127
* $ 10,000,000 1 $ 55,000
AMERITRUST MORTGAGE COMPANY LL
14045 BALLANTYNE CORPORATE PLACE SUITE 2
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 53,000
KEYBANK NATIONAL ASSOCIATION
100 PUBLIC SQUARE STE 600 OH-01-10-06006
CLEVELAND, OH 44113
* $ 88,960,716,000 1 $ 20,000
HOMETOWN BANK, NATIONAL ASSOCIATION
PO BOX 797
CARTHAGE, MO 64836
* $ 215,220,000 1 $ 40,000
MBNA AMERICA DELAWARE, N.A.
200 N COLLEGE ST NC1-004-04-13
CHARLOTTE, NC 28255
* $ 5,455,865,000 1 $ 52,000
LENOX FINANCIAL MORTGAGE CORPORATION
200 E. SANDPOINTE SUITE 800
SANTA ANA, CA 92707
* $ 39,000,000 1 $ 86,000
AMERICAN HOME MORTGAGE CORP.
538 BROADHOLLOW RD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 78,000

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 Redwood County MN in 2006

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 462 $40,203,000 $87,000 $299,000 $49,000 $820,000
Home Purchase 210 $14,911,000 $71,000 $206,000 $50,000 $369,000
Home Improvement 79 $3,287,000 $41,000 $150,000 $56,000 $220,000

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 487 $36,590,000 $75,000 $299,000 $56,000 $820,000
Not applicable 112 $10,346,000 $92,000 $240,000 $24,000 $204,000
Not Provided 100 $7,724,000 $77,000 $182,000 $48,000 $300,000
Asian 23 $1,547,000 $67,000 $128,000 $41,000 $80,000
American Indian or Alaskan Native 19 $1,587,000 $83,000 $239,000 $88,000 $204,000
Black or African American 6 $356,000 $59,000 $84,000 $19,000 $72,000
Hispanic 2 $121,000 $60,000 $70,000 $60,000 $74,000
Native Hawaiian or Other Pacific Islander 2 $130,000 $65,000 $104,000 $41,000 $41,000

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) 727 $56,776,000 $78,000 $299,000 $50,000 $820,000
FHA-insured (Federal Housing Administration) 12 $655,000 $54,000 $140,000 $40,000 $109,000
VA-guaranteed (Veterans Administration) 7 $663,000 $94,000 $141,000 $55,000 $104,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 5 $307,000 $61,000 $89,000 $24,000 $51,000

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 246 $15,920,000 $64,000 $260,000 $53,000 $369,000
Loan Purchased By The Institution 175 $16,347,000 $93,000 $240,000 $32,000 $204,000
Application Denied By Financial Institution 175 $12,943,000 $73,000 $206,000 $46,000 $275,000
Application Withdrawn By Applicant 95 $8,722,000 $91,000 $299,000 $71,000 $820,000
Application Approved But Not Accepted 34 $2,401,000 $70,000 $164,000 $68,000 $179,000
File Closed For Incompleteness 26 $2,068,000 $79,000 $187,000 $60,000 $192,000
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 34 $2,523,000 $74,000 $167,000 $39,000 $84,000
Other 29 $2,102,000 $72,000 $174,000 $42,000 $102,000
Collateral 27 $1,626,000 $60,000 $155,000 $47,000 $91,000
Debt-To-Income Ratio 18 $1,632,000 $90,000 $206,000 $34,000 $66,000
Unverifiable Information 6 $399,000 $66,000 $98,000 $40,000 $89,000
Credit Application Incomplete 4 $299,000 $74,000 $116,000 $43,000 $72,000
Insufficient Cash (Downpayment, Closing Cost) 2 $131,000 $65,000 $100,000 $20,000 $41,000
Employment History 1 $59,000 $59,000 $59,000 $24,000 $24,000
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.

Download the Minnesota Lender List