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 | 485 |
Total Mortgage Loan Application Amount | $48,117,000 |
Average Mortgage Loan Application Amount | $99,000 |
Highest Mortgage Loan Application Amount | $349,000 |
Average Applicant Income | $59,000 |
Highest Applicant Income | $761,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
WELLS FARGO BANK, NA 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 608,778,000,000 | 59 | $ 6,167,000 |
JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,627,684,000,000 | 53 | $ 5,818,000 |
MINNWEST MORTGAGE CORPORATION 5324 EAST ARROWHEAD PKY, SUITE 102 SIOUX FALLS, SD 57110 |
* | $ 1,751,723,000 | 48 | $ 5,712,000 |
BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 1,465,221,449,000 | 45 | $ 5,074,000 |
HOMETOWN BANK 1000 COOK STREET REDWOOD FALLS, MN 56283 |
* | $ 179,143,000 | 42 | $ 4,796,000 |
MINNWEST BANK 300 S WASHINGTON REDWOOD FALLS, MN 56283 |
* | $ 531,058,000 | 38 | $ 1,683,000 |
US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 276,376,130,000 | 27 | $ 3,317,000 |
CITIMORTGAGE, INC 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 22 | $ 2,623,000 |
INTEGRITY BANK PLUS PO BOX 119 WABASSO, MN 56293 |
* | $ 46,966,000 | 13 | $ 416,000 |
US BANK NORTH DAKOTA 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 5,122,657,000 | 12 | $ 751,000 |
WELLS FEDERAL BANK 53 1ST ST SW WELLS, MN 56097 |
* | $ 265,233,000 | 12 | $ 962,000 |
WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 10 | $ 1,236,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 7 | $ 860,000 |
FIRST NATIONAL BANK 2457 BROADWAY AVENUE SLAYTON, MN 56172 |
* | $ 177,420,000 | 6 | $ 219,000 |
ALLY BANK F/K/A/ GMAC BANK 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 55,302,902,000 | 5 | $ 553,000 |
BANK OF THE WEST 1977 SATURN STREET MS SC-MPK-03-N MONTEREY PARK, CA 91755 |
* | $ 60,000,590,000 | 5 | $ 145,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 5 | $ 581,000 |
GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 5 | $ 537,000 |
STATE FARM BANK 1 STATE FARM PLAZA BLOOMINGTON, IL 61710 |
* | $ 16,157,711,000 | 4 | $ 456,000 |
SUNTRUST MORTGAGE, INC 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 164,340,844,000 | 4 | $ 357,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 112,736,105,000 | 3 | $ 360,000 |
ING BANK, FSB 1 SOUTH ORANGE STREET WILMINGTON, DE 19801 |
* | $ 90,293,933,000 | 3 | $ 279,000 |
FRANDSEN BANK & TRUST 116 CENTRAL STREET WEST LONSDALE, MN 55046 |
* | $ 739,711,000 | 3 | $ 113,000 |
RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ 100,000,000 | 3 | $ 507,000 |
AMERICAN EQUITY MORTGAGE, INC. 11933 WESTLINE INDUSTRIAL DRIVE SAINT LOUIS, MO 63146 |
* | $ 10,000,000 | 3 | $ 449,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 2 | $ 153,000 |
LENDSOURCE INC 12701 WHITEWATER DR STE 340 MINNETONKA, MN 55343 |
* | $ 10,000,000 | 2 | $ 202,000 |
WEALTHBRIDGE MORTGAGE CORP. 15455 NW GREENBRIER PKWY, STE. 111 BEAVERTON, OR 97006 |
* | $ 10,000,000 | 2 | $ 238,000 |
M&I BANK FSB W57N14280 DOERR WAY CEDARBURG, WI 53012 |
* | $ 1,834,445,000 | 2 | $ 218,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 37,922,355,000 | 2 | $ 183,000 |
HIWAY 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 846,129,000 | 2 | $ 80,000 |
FIRST STATE MORTGAGE SERVICES, LLC 502 N HERSHEY ROAD BLOOMINGTON, IL 61704 |
* | $ 327,995,000 | 2 | $ 292,000 |
CITIFINANCIAL SERVICES INC 300 ST PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 2 | $ 36,000 |
M&I MARSHALL & ILSLEY BANK W57N14280 DOERR WAY CEDARBURG, WI 53012 |
* | $ 50,253,578,000 | 1 | $ 35,000 |
PNC BANK N.A. 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 260,309,849,000 | 1 | $ 158,000 |
CITIZENS COMMUNITY FEDERAL PO BOX 218 ALTOONA, WI 54720 |
* | $ 566,651,000 | 1 | $ 27,000 |
TCF NATIONAL BANK 2508 LOUISE AVE S (002-01-P) SIOUX FALLS, SD 57106 |
* | $ 17,921,579,000 | 1 | $ 85,000 |
METLIFE BANK, N.A. 334 MADISON AVENUE CONVENT STATION, NJ 07961 |
* | $ 14,106,965,000 | 1 | $ 40,000 |
MIDFIRST BANK 501 NW GRAND BLVD. OKLAHOMA CITY, OK 73118 |
* | $ 12,817,999,000 | 1 | $ 50,000 |
HOME FEDERAL BANK P.O. BOX 5000 SIOUX FALLS, SD 57117 |
* | $ 1,172,597,000 | 1 | $ 81,000 |
MIDCOUNTRY BANK 2611 BLUE HERON DR. MARION, IL 62959 |
* | $ 852,055,000 | 1 | $ 95,000 |
CITIZENS BANK MINNESOTA 105 NORTH MINNESOTA STREET NEW ULM, MN 56073 |
* | $ 271,051,000 | 1 | $ 30,000 |
NORTHVIEW BANK 510 MAIN SANDSTONE, MN 55072 |
* | $ 164,190,000 | 1 | $ 130,000 |
ALLIANCE BANK 105 EAST LYON AVE LAKE CITY, MN 55041 |
* | $ 692,953,000 | 1 | $ 96,000 |
AFFINITY PLUS 175 WEST LAFAYETTE FRONTAGE ROAD SAINT PAUL, MN 55107 |
* | $ 1,342,381,000 | 1 | $ 57,000 |
CENTRAL MINNESOTA CU 20 S 4TH AVE E MELROSE, MN 56352 |
* | $ 530,367,000 | 1 | $ 104,000 |
FIRST RESIDENTIAL MORTGAGE 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 1 | $ 170,000 |
PHH HOME LOANS, LLC 1 MORTGAGE WAY 2ND FLOOR MT LAUREL, NJ 08054 |
* | $ 4,597,939,000 | 1 | $ 102,000 |
GMFS, LLC 7389 FLORIDA BLVD, STE 200-A BATON ROUGE, LA 70806 |
* | $ 10,000,000 | 1 | $ 91,000 |
EVERETT FINANCIAL INC. 14801 QUORUM DR SUITE 300 DALLAS, TX 75254 |
* | $ 3,642,000 | 1 | $ 58,000 |
HOME LOAN CENTER 163 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 1 | $ 106,000 |
MORTGAGE INVESTORS CORP 6090 CENTRAL AVE ST. PETERSBURG, FL 33707 |
* | $ 10,000,000 | 1 | $ 83,000 |
SERVION, INC. 500 MAIN STREET NEW BRIGHTON, MN 55112 |
* | $ 250,000,000 | 1 | $ 49,000 |
RESCUE MORTGAGE INC 10740 LYNDALE AVE S, SUITE 19E BLOOMINGTON, MN 55420 |
* | $ 1,507,000 | 1 | $ 100,000 |
NATIONWIDE ADVANTAGE MORTGAGE 1100 LOCUST ST DES MOINES, IA 50391 |
* | $ 31,000,000 | 1 | $ 86,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 1 | $ 78,000 |
RIVER CITY MORTGAGE AND FINANC 5001 AMERICAN BLVD SUITE 1000 BLOOMINGTON, MN 55437 |
* | $ 10,000,000 | 1 | $ 52,000 |
FRANKLIN AMERICAN MORTGAGE CO 501 CORPORATE CENTRE DRIVE, SUITE 400 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 1 | $ 230,000 |
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.
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 | 337 | $37,261,000 | $110,000 | $328,000 | $66,000 | $761,000 |
Home Purchase | 117 | $10,087,000 | $86,000 | $349,000 | $45,000 | $209,000 |
Home Improvement | 31 | $769,000 | $24,000 | $85,000 | $44,000 | $94,000 |
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 | 389 | $37,830,000 | $97,000 | $349,000 | $64,000 | $761,000 |
Not applicable | 41 | $5,087,000 | $124,000 | $325,000 | $15,000 | $120,000 |
Not Provided | 27 | $2,815,000 | $104,000 | $229,000 | $47,000 | $129,000 |
American Indian or Alaskan Native | 14 | $1,549,000 | $110,000 | $254,000 | $87,000 | $209,000 |
Asian | 9 | $575,000 | $63,000 | $139,000 | $48,000 | $203,000 |
Hispanic | 4 | $170,000 | $42,000 | $74,000 | $50,000 | $82,000 |
Black or African American | 1 | $91,000 | $91,000 | $91,000 | $31,000 | $31,000 |
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) | 344 | $33,866,000 | $98,000 | $349,000 | $65,000 | $761,000 |
FHA-insured (Federal Housing Administration) | 112 | $11,116,000 | $99,000 | $259,000 | $48,000 | $624,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 15 | $1,052,000 | $70,000 | $102,000 | $31,000 | $53,000 |
VA-guaranteed (Veterans Administration) | 14 | $2,083,000 | $148,000 | $230,000 | $50,000 | $99,000 |
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 | 215 | $19,023,000 | $88,000 | $328,000 | $61,000 | $273,000 |
Loan Purchased By The Institution | 125 | $14,773,000 | $118,000 | $328,000 | $46,000 | $178,000 |
Application Denied By Financial Institution | 84 | $8,142,000 | $96,000 | $259,000 | $61,000 | $624,000 |
Application Withdrawn By Applicant | 42 | $4,158,000 | $99,000 | $265,000 | $68,000 | $761,000 |
Application Approved But Not Accepted | 13 | $1,460,000 | $112,000 | $349,000 | $68,000 | $174,000 |
File Closed For Incompleteness | 6 | $561,000 | $93,000 | $170,000 | $169,000 | $761,000 |
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 | 21 | $2,241,000 | $106,000 | $248,000 | $63,000 | $144,000 |
Credit History | 17 | $992,000 | $58,000 | $139,000 | $52,000 | $203,000 |
Debt-To-Income Ratio | 13 | $1,413,000 | $108,000 | $240,000 | $33,000 | $55,000 |
Credit Application Incomplete | 4 | $624,000 | $156,000 | $240,000 | $60,000 | $140,000 |
Other | 4 | $433,000 | $108,000 | $140,000 | $68,000 | $80,000 |
Unverifiable Information | 2 | $309,000 | $154,000 | $259,000 | $84,000 | $140,000 |
Employment History | 1 | $12,000 | $12,000 | $12,000 | $34,000 | $34,000 |
Insufficient Cash (Downpayment, Closing Cost) | 1 | $86,000 | $86,000 | $86,000 | $31,000 | $31,000 |
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.