Redwood County MN
Mortgage Loan Application
Totals and Details
for 2023
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 2003-2023.
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 | 2023 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 | 337 |
| Total Mortgage Loan Application Amount | $41,675,000 |
| Average Mortgage Loan Application Amount | $123,000 |
| Highest Mortgage Loan Application Amount | $785,000 |
| Average Applicant Income | $80,000 |
| Highest Applicant Income | $561,000 |
* 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, NATIONAL ASSOCIATION 372 ST. PETER STREET ST. PAUL, MN 55102 |
* | $ 15,939,263,000 | 39 | $ 3,935,000 |
| HOMETOWN BANK 1000 EAST COOK STREET REDWOOD FALLS, MN 56283 |
* | $ 539,421,000 | 29 | $ 3,675,000 |
| MINNWEST BANK 300 S WASHINGTON REDWOOD FALLS, MN 56283 |
* | $ 2,847,684,000 | 25 | $ 4,155,000 |
| U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 585,135,605,000 | 24 | $ 3,250,000 |
| SOUTHPOINT FINANCIAL 924 MAIN STREET E SLEEPY EYE, MN 56085 |
* | $ 533,091,000 | 16 | $ 2,180,000 |
| DISCOVER BANK 12 READS WAY GREENWOOD, DE 19720 |
* | $ 129,461,046,000 | 9 | $ 595,000 |
| NEW AMERICAN FUNDING, LLC 14511 MYFORD ROAD, SUITE 100 DOVER, DE 92780 |
* | $ -1,000 | 9 | $ 805,000 |
| UNITED WHOLESALE MORTGAGE, LLC 1414 EAST MAPLE ROAD PLYMOUTH, MI 48083 |
* | $ -1,000 | 8 | $ 990,000 |
| PLAINS COMMERCE BANK 220 MAIN ST SIOUX FALLS, SD 57450 |
* | $ 1,054,618,000 | 8 | $ 1,010,000 |
| HOMEOWNERS FINANCIAL GROUP USA, LLC 16427 N. SCOTTSDALE ROAD, SUITE 145 SCOTTSDALE, AZ 85264 |
* | $ -1,000 | 8 | $ 530,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 SIOUX FALLS, SD 27150 |
* | $ 1,717,531,000,000 | 7 | $ 1,555,000 |
| TRUSTONE FINANCIAL CREDIT UNION 14601 27TH AVENUE NORTH PLYMOUTH, MN 55447 |
* | $ 4,614,668,000 | 6 | $ 570,000 |
| AFFINITY PLUS 175 WEST LAFAYETTE FRONTAGE ROAD SAINT PAUL, MN 55107 |
* | $ 4,078,225,000 | 6 | $ 340,000 |
| AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE PEACHTREE CORNER, GA 30305 |
* | $ -1,000 | 6 | $ 620,000 |
| NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 WILMINGTON, DE 19462 |
* | $ -1,000 | 5 | $ 635,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. SAINT LOUIS, MO 65203 |
* | $ -1,000 | 5 | $ 845,000 |
| FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE MT LAUREL, NJ 46037 |
* | $ -1,000 | 5 | $ 815,000 |
| PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WILMINGTON, DE 91361 |
* | $ -1,000 | 5 | $ 655,000 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE AUSTIN, TX 53718 |
* | $ -1,000 | 4 | $ 440,000 |
| MERCHANTS BANK, NATIONAL ASSOCIATION 102 EAST THIRD STREET WINONA, MN 55987 |
* | $ 2,576,574,000 | 4 | $ 520,000 |
| CROSSCOUNTRY MORTGAGE, LLC 6850 MILLER RD WILMINGTON, DE 44141 |
* | $ -1,000 | 3 | $ 425,000 |
| AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WILMINGTON, DE 91367 |
* | $ -1,000 | 3 | $ 275,000 |
| CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A WILMINGTON, DE 92806 |
* | $ -1,000 | 3 | $ 515,000 |
| AGCOUNTRY FARM CREDIT SERVICES, FLCA 1900 44TH ST S - PO BOX 6020 FARGO, ND 58108 |
* | $ -1,000 | 3 | $ 295,000 |
| LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE DOVER, DE 92610 |
* | $ -1,000 | 3 | $ 595,000 |
| CLICK N' CLOSE, INC. 15301 SPECTRUM DRIVE, SUITE 405 ROCKY RIVER, OH 75001 |
* | $ -1,000 | 3 | $ 745,000 |
| UNION HOME MORTGAGE CORP. 8241 DOW CIRCLE STRONGSVILLE, OH 44136 |
* | $ -1,000 | 2 | $ 130,000 |
| MIDWESTONE BANK 102 SOUTH CLINTON STREET IOWA CITY, IA 52240 |
* | $ 6,574,512,000 | 2 | $ 90,000 |
| GUARANTEED RATE AFFINITY, LLC 1800 WEST LARCHMONT AVE WILMINGTON, DE 60613 |
* | $ -1,000 | 2 | $ 100,000 |
| BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 CHARLOTTE, NC 91361 |
* | $ 2,418,508,000,000 | 2 | $ 80,000 |
| COASTAL COMMUNITY BANK PO BOX 12220 EVERETT, WA 98206 |
* | $ 3,141,703,000 | 2 | $ 50,000 |
| WINGS FINANCIAL CREDIT UNION 14985 GLAZIER AVENUE APPLE VALLEY, MN 55124 |
* | $ 8,422,113,000 | 2 | $ 340,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. DOVER, DE 20759 |
* | $ -1,000 | 2 | $ 290,000 |
| VANDERBILT MORTGAGE AND FINANCE, INC. 500 ALCOA TRAIL KNOXVILLE, TN 37804 |
* | $ -1,000 | 2 | $ 180,000 |
| SUMMIT MORTGAGE CORPORATION 13355 10TH AVE N, SUITE 100 PLYMOUTH, MN 55441 |
* | $ -1,000 | 2 | $ 240,000 |
| VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY DOVER, DE 89052 |
* | $ -1,000 | 2 | $ 280,000 |
| THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 182,325,674,000 | 2 | $ 90,000 |
| FRANDSEN BANK & TRUST 116 CENTRAL STREET WEST LONSDALE, MN 55046 |
* | $ 3,163,444,000 | 2 | $ 140,000 |
| EMPEOPLE CREDIT UNION 3950 38TH AVENUE MOLINE, IL 61265 |
* | $ 1,991,835,000 | 2 | $ 300,000 |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. 5160 TENNYSON PKWY STE 1000 AUSTIN, TX 75024 |
* | $ -1,000 | 2 | $ 250,000 |
| CREDIT UNION OF AMERICA 711 W DOUGLAS WICHITA, KS 67213 |
* | $ 1,405,806,000 | 1 | $ 25,000 |
| CHURCHILL MORTGAGE CORPORATION 761 OLD HICKORY BLVD SUITE 400 NASHVILLE, TN 37027 |
* | $ -1,000 | 1 | $ 155,000 |
| ALLIANT CREDIT UNION 11545 W TOUHY CHICAGO, IL 60666 |
* | $ 18,739,008,000 | 1 | $ 15,000 |
| TOP FLITE FINANCIAL, INC. 123 E GRAND RIVER AVE PLYMOUTH, MI 48895 |
* | $ -1,000 | 1 | $ 185,000 |
| BETHPAGE FEDERAL CREDIT UNION 899 SOUTH OYSTER BAY ROAD BETHPAGE, NY 11714 |
* | $ 11,943,023,000 | 1 | $ 25,000 |
| ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 AUSTIN, TX 77056 |
* | $ -1,000 | 1 | $ 85,000 |
| FIRST FEDERAL BANK 4705 US HWY 90 W LAKE CITY, FL 32055 |
* | $ 3,765,448,000 | 1 | $ 45,000 |
| MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 34,681,050,000 | 1 | $ 35,000 |
| PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC. 1265 CORONA POINTE CT SUITE 301 CORONA, CA 92879 |
* | $ -1,000 | 1 | $ 145,000 |
| BAY EQUITY LLC 28 LIBERTY SHIPWAY SUITE 2800 GLENDALE, CA 94965 |
* | $ -1,000 | 1 | $ 185,000 |
| MOVEMENT MORTGAGE, LLC 8024 CALVIN HALL ROAD WILMINGTON, DE 29707 |
* | $ -1,000 | 1 | $ 155,000 |
| HIWAY CREDIT UNION 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 1,740,477,000 | 1 | $ 35,000 |
| FORESIGHT BANK 138 WEST BROADWAY PLAINVIEW, MN 55964 |
* | $ 329,643,000 | 1 | $ 785,000 |
| BARRINGTON BANK & TRUST COMPANY, NATIONAL ASSOCIATION 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 3,765,608,000 | 1 | $ 215,000 |
| GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE WILMINGTON, DE 60613 |
* | $ -1,000 | 1 | $ 205,000 |
| SOUTHWEST FUNDING, LP 13150 COIT ROAD STE 100 DALLAS, TX 75240 |
* | $ -1,000 | 1 | $ 95,000 |
| GREAT RIVER FEDERAL CREDIT UNION 1532 W ST GERMAIN STREET SAINT CLOUD, MN 56301 |
* | $ 339,200,000 | 1 | $ 35,000 |
| WILMINGTON SAVINGS FUND SOCIETY, FSB 500 DELAWARE AVENUE WILMINGTON, DE 19801 |
* | $ 19,808,858,000 | 1 | $ 45,000 |
| MAGNIFI FINANCIAL CREDIT UNION 1140 ELM STREET MELROSE, MN 56374 |
* | $ 2,123,114,000 | 1 | $ 55,000 |
| SERVION, INC. 500 MAIN STREET NEW BRIGHTON, MN 55112 |
* | $ -1,000 | 1 | $ 185,000 |
| MEMBERS COOPERATIVE 4628 MIKE COLALILLO DR DULUTH, MN 55807 |
* | $ 1,152,301,000 | 1 | $ 35,000 |
| FIRST PREMIER BANK 400 S SYCAMORE AVE, SUITE 101 SIOUX FALLS, SD 57110 |
* | $ 2,748,882,000 | 1 | $ 55,000 |
| ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 1 | $ 65,000 |
| LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. WILMINGTON, DE 33146 |
* | $ -1,000 | 1 | $ 135,000 |
| ASSOCIATED HEALTHCARE CREDIT UNION 360 SHERMAN ST B-10 SAINT PAUL, MN 55102 |
* | $ 159,447,000 | 1 | $ 105,000 |
| SOUTH METRO FEDERAL CREDIT UNION 2573 CREDIT UNION DRIVE PRIOR LAKE, MN 55372 |
* | $ 176,559,000 | 1 | $ 135,000 |
| EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 AUSTIN, TX 75254 |
* | $ -1,000 | 1 | $ 115,000 |
| FLAGSTAR BANK, N.A. 5151 CORPORATE DRIVE HICKSVILLE, NY 48098 |
* | $ 90,036,656,000 | 1 | $ 155,000 |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 3,201,942,000,000 | 1 | $ 45,000 |
| LUMINATE HOME LOANS, INC. 7760 FRANCE AVE S, STE 1010 ROSEVILLE, MN 55435 |
* | $ -1,000 | 1 | $ 105,000 |
| PLANET HOME LENDING, LLC 321 RESEARCH PARKWAY STE 300 WILMINGTON, DE 06540 |
* | $ -1,000 | 1 | $ 95,000 |
| GOLDWATER BANK, N.A. 2525 EAST CAMELBACK ROAD SUITE 1100 PHOENIX, AZ 85016 |
* | $ 435,814,000 | 1 | $ 175,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. WILMINGTON, DE 75019 |
* | $ -1,000 | 1 | $ 135,000 |
| ROYAL CREDIT UNION 200 RIVERFRONT TERRACE EAU CLAIRE, WI 54703 |
* | $ 4,552,579,000 | 1 | $ 15,000 |
| PREMIA MORTGAGE, LLC DBA PREMIA RELOCATION MORTGAGE 5480 CORPORATE DRIVE SUITE 240 WILMINGTON, DE 48098 |
* | $ -1,000 | 1 | $ 205,000 |
| THE STATE BANK OF FARIBAULT 428 CENTRAL AVE N FARIBAULT, MN 55021 |
* | $ 285,774,000 | 1 | $ 105,000 |
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 2023
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 | 186 | $26,520,000 | $142,000 | $785,000 | $72,000 | $561,000 |
| Cash-out Refinancing | 49 | $7,105,000 | $145,000 | $375,000 | $81,000 | $230,000 |
| Other Purpose | 42 | $2,430,000 | $57,000 | $305,000 | $94,000 | $305,000 |
| Refinancing | 31 | $4,105,000 | $132,000 | $485,000 | $77,000 | $205,000 |
| Home Improvement | 27 | $1,435,000 | $53,000 | $205,000 | $113,000 | $450,000 |
| Not Applicable | 2 | $80,000 | $40,000 | $45,000 | $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 | 257 | $32,125,000 | $125,000 | $785,000 | $83,000 | $561,000 |
| Not Provided | 28 | $2,440,000 | $87,000 | $175,000 | $85,000 | $188,000 |
| Not applicable | 18 | $2,670,000 | $148,000 | $735,000 | $0 | $0 |
| American Indian or Alaskan Native | 14 | $2,260,000 | $161,000 | $325,000 | $65,000 | $153,000 |
| Hispanic | 11 | $1,245,000 | $113,000 | $285,000 | $56,000 | $109,000 |
| Asian | 4 | $350,000 | $87,000 | $165,000 | $54,000 | $96,000 |
| Black or African American | 4 | $410,000 | $102,000 | $145,000 | $37,000 | $52,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $175,000 | $175,000 | $175,000 | $45,000 | $45,000 |
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) | 239 | $28,915,000 | $120,000 | $785,000 | $84,000 | $561,000 |
| FHA-insured (Federal Housing Administration) | 70 | $8,550,000 | $122,000 | $325,000 | $63,000 | $205,000 |
| VA-guaranteed (Veterans Administration) | 18 | $3,040,000 | $168,000 | $255,000 | $100,000 | $200,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 10 | $1,170,000 | $117,000 | $185,000 | $48,000 | $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 | 210 | $26,700,000 | $127,000 | $515,000 | $81,000 | $561,000 |
| Application Denied By Financial Institution | 47 | $4,745,000 | $100,000 | $325,000 | $83,000 | $450,000 |
| Application Withdrawn By Applicant | 30 | $4,140,000 | $138,000 | $735,000 | $75,000 | $383,000 |
| Loan Purchased By The Institution | 30 | $3,450,000 | $115,000 | $255,000 | $51,000 | $112,000 |
| File Closed For Incompleteness | 15 | $1,485,000 | $99,000 | $225,000 | $98,000 | $156,000 |
| Application Approved But Not Accepted | 4 | $1,020,000 | $255,000 | $785,000 | $44,000 | $100,000 |
| Preapproval Approved but not Accepted | 1 | $135,000 | $135,000 | $135,000 | $72,000 | $72,000 |
| 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 | 273 | $34,005,000 | $124,000 | $735,000 | $80,000 | $561,000 |
| Debt-To-Income Ratio | 23 | $3,565,000 | $155,000 | $785,000 | $63,000 | $162,000 |
| Credit History | 19 | $1,515,000 | $79,000 | $325,000 | $115,000 | $450,000 |
| Collateral | 11 | $1,375,000 | $125,000 | $305,000 | $70,000 | $169,000 |
| Credit Application Incomplete | 5 | $535,000 | $107,000 | $195,000 | $69,000 | $89,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $365,000 | $121,000 | $205,000 | $69,000 | $88,000 |
| Other | 2 | $250,000 | $125,000 | $235,000 | $43,000 | $74,000 |
| Unverifiable Information | 1 | $65,000 | $65,000 | $65,000 | $41,000 | $41,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 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.