Redwood County MN
Mortgage Loan Application
Totals and Details
for 2016

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 468
Total Mortgage Loan Application Amount $49,942,000
Average Mortgage Loan Application Amount $106,000
Highest Mortgage Loan Application Amount $1,613,000
Average Applicant Income $63,000
Highest Applicant Income $789,000

Mortgage Company List for Lending in Redwood County MN for 2016

* 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
BREMER BANK, NA
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 10,643,549,000 66 $ 6,474,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 249,697,000 59 $ 6,014,000
SOUTHPOINT FINANCIAL
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ 293,156,000 27 $ 2,802,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 27 $ 2,375,000
MINNWEST BANK
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 1,638,152,000 26 $ 1,896,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,610,580,000,000 25 $ 2,543,000
WESTERN STATE BANK
755 13TH AVE E
WEST FARGO, ND 58108
* $ 831,999,000 22 $ 2,564,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 21 $ 2,724,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 20 $ 2,478,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 13 $ 1,513,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 12 $ 1,471,000
WOODLANDS NATIONAL BANK
122 EAST MAIN STREET P.O. BOX 190
HINCKLEY, MN 55037
* $ 159,686,000 8 $ 595,000
WELLS FEDERAL BANK
53 1ST ST SW
WELLS, MN 56097
* $ 274,675,000 8 $ 887,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,587,008,000 7 $ 1,236,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 7 $ 822,000
CAMBRIA FINANCIAL GROUP, LLC
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ 7,380,000 5 $ 532,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 5 $ 617,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 4 $ 397,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 4 $ 392,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,597,914,000 3 $ 185,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 3 $ 260,000
HOMEOWNERS FINANCIAL GROUP USA, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85264
* $ 10,000,000 3 $ 202,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 389,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ 52,388,000 3 $ 348,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 2 $ 331,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ 4,028,990,000 2 $ 270,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 2 $ 162,000
BANK OF THE WEST
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 75,743,098,000 2 $ 172,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 3,656,580,000 2 $ 2,381,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,047,915,000 2 $ 164,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,792,910,000 2 $ 78,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 2 $ 200,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 2 $ 273,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 2 $ 88,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 13,649,486,000 2 $ 215,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,299,801,000,000 2 $ 180,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 2 $ 114,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 2 $ 395,000
CITIZENS BANK MINNESOTA
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 378,714,000 2 $ 236,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 2 $ 141,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 2 $ 100,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 251,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 85,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 82,000
PROGROWTH BANK
703 3RD STREET, PO BOX 77
NICOLLET, MN 56074
* $ 183,941,000 1 $ 36,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 76,000
UNITED PRAIRIE BANK
10 FIRESTONE DRIVE, SUITE 300
MANKATO, MN 56001
* $ 571,856,000 1 $ 125,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 318,361,000 1 $ 55,000
MINNSTAR BANK NATIONAL ASSOCIATION
P.O. BOX 270
LAKE CRYSTAL, MN 56055
* $ 136,295,000 1 $ 175,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 1 $ 5,000
HERITAGE BANK NATIONAL ASSOCIATION
100 SOUTH STREET W
SPICER, MN 56288
* $ 389,767,000 1 $ 130,000
THRIVENT FEDERAL CREDIT UNION
625 FOURTH AVE S
MINNEAPOLIS, MN 55415
* $ 476,220,000 1 $ 185,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 110,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 162,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 150,000
1ST ALLIANCE LENDING, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 96,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 1 $ 30,000
SIGNATURE FEDERAL CREDIT UNION
12 HERBERT ST.
ALEXANDRIA, VA 22313
* $ 291,925,000 1 $ 50,000
BANK MIDWEST
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 761,418,000 1 $ 19,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ 826,484,000 1 $ 97,000
HOME FEDERAL BANK
225 S. MAIN AVE
SIOUX FALLS, SD 57104
* $ 1,170,034,000 1 $ 44,000
GREAT WESTERN BANK
35 1ST AVE NE
WATERTOWN, SD 57201
* $ 9,952,150,000 1 $ 127,000
TRUSTONE HOME MORTGAGE, LLC
14601 27TH AVE N SUITE 103
PLYMOUTH, MN 55447
* $ 427,399,000 1 $ 137,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 1 $ 78,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 1 $ 106,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 1 $ 9,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 1 $ 50,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 1 $ 69,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 1 $ 36,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 610,982,000 1 $ 147,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 1 $ 50,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,014,652,000 1 $ 40,000
ALTRA
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,142,256,000 1 $ 167,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 1 $ 69,000
BRIDGEVIEW BANK GROUP
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,077,735,000 1 $ 86,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 1 $ 152,000

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 2016

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 253 $28,176,000 $111,000 $1,613,000 $53,000 $405,000
Refinancing 163 $17,859,000 $109,000 $417,000 $74,000 $789,000
Home Improvement 52 $3,907,000 $75,000 $300,000 $73,000 $607,000

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 353 $36,434,000 $103,000 $442,000 $71,000 $789,000
Not applicable 51 $7,212,000 $141,000 $1,613,000 $7,000 $159,000
American Indian or Alaskan Native 30 $2,875,000 $95,000 $251,000 $48,000 $145,000
Not Provided 23 $2,473,000 $107,000 $226,000 $78,000 $405,000
Asian 5 $475,000 $95,000 $201,000 $69,000 $138,000
Hispanic 5 $376,000 $75,000 $105,000 $55,000 $93,000
Black or African American 1 $97,000 $97,000 $97,000 $39,000 $39,000
Native Hawaiin 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) 310 $33,723,000 $108,000 $1,613,000 $75,000 $789,000
FHA-insured (Federal Housing Administration) 79 $7,928,000 $100,000 $251,000 $39,000 $159,000
VA-guaranteed (Veterans Administration) 40 $4,845,000 $121,000 $227,000 $44,000 $229,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 39 $3,446,000 $88,000 $170,000 $28,000 $70,000

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 275 $29,897,000 $108,000 $1,613,000 $74,000 $789,000
Application Denied By Financial Institution 80 $7,680,000 $96,000 $442,000 $57,000 $405,000
Loan Purchased By The Institution 56 $5,711,000 $101,000 $370,000 $16,000 $159,000
Application Withdrawn By Applicant 40 $4,389,000 $109,000 $257,000 $75,000 $585,000
File Closed For Incompleteness 11 $1,323,000 $120,000 $226,000 $32,000 $112,000
Application Approved But Not Accepted 6 $942,000 $157,000 $370,000 $48,000 $145,000
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 19 $1,442,000 $75,000 $188,000 $48,000 $115,000
Collateral 12 $1,140,000 $95,000 $178,000 $43,000 $113,000
Debt-To-Income Ratio 10 $1,205,000 $120,000 $442,000 $56,000 $109,000
Credit Application Incomplete 4 $584,000 $146,000 $225,000 $105,000 $158,000
Unverifiable Information 4 $340,000 $85,000 $173,000 $64,000 $88,000
Employment History 3 $225,000 $75,000 $125,000 $40,000 $46,000
Insufficient Cash (Downpayment, Closing Cost) 2 $203,000 $101,000 $120,000 $46,000 $48,000
Other 2 $225,000 $112,000 $185,000 $79,000 $142,000
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