Sibley County MN
Mortgage Loan Application
Totals and Details
for 2016

Find mortgage statistics and lending data for the Sibley 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 Sibley 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 641
Total Mortgage Loan Application Amount $87,504,000
Average Mortgage Loan Application Amount $136,000
Highest Mortgage Loan Application Amount $625,000
Average Applicant Income $60,000
Highest Applicant Income $638,000

Mortgage Company List for Lending in Sibley 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
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,610,580,000,000 66 $ 9,012,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 25 $ 4,629,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 24 $ 3,657,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 24 $ 3,616,000
FIRST STATE BANK OF LE CENTER
88 NORTH PARK AVE
LE CENTER, MN 56057
* $ 78,404,000 22 $ 1,819,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 21 $ 2,532,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 17 $ 4,127,000
KLEINBANK
301 CHESTNUT ST
CHASKA, MN 55318
* $ 1,906,975,000 16 $ 2,027,000
CAMBRIA FINANCIAL GROUP, LLC
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ 7,380,000 15 $ 1,662,000
PROGROWTH BANK
703 3RD STREET, PO BOX 77
NICOLLET, MN 56074
* $ 183,941,000 13 $ 969,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 12 $ 1,762,000
MIDCOUNTRY BANK
7825 WASHINGTON AVE. S., STE. 120
BLOOMINGTON, MN 55439
* $ 767,869,000 12 $ 1,329,000
CORNERSTONE STATE BANK
401 4TH ST N W
MONTGOMERY, MN 56069
* $ 142,782,000 12 $ 1,210,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 11 $ 1,296,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 13,649,486,000 11 $ 1,472,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 10 $ 1,309,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 10 $ 1,152,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 10 $ 1,305,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,587,008,000 9 $ 1,464,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 8 $ 1,164,000
STATE BANK OF BELLE PLAINE
201 W MAIN ST., PO BOX 87
BELLE PLAINE, MN 56011
* $ 111,105,000 8 $ 1,310,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 249,697,000 8 $ 1,033,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ 4,028,990,000 8 $ 1,229,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ 826,484,000 7 $ 1,257,000
MINNWEST BANK
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 1,638,152,000 6 $ 553,000
UNITED PRAIRIE BANK
10 FIRESTONE DRIVE, SUITE 300
MANKATO, MN 56001
* $ 571,856,000 6 $ 1,233,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 6 $ 947,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,792,910,000 6 $ 579,000
SOUTHPOINT FINANCIAL
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ 293,156,000 5 $ 265,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 5 $ 500,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 1,738,618,000 5 $ 771,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 20,703,184,000 5 $ 692,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 4 $ 604,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 4 $ 566,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,227,852,000 4 $ 422,000
MILL CITY CREDIT UNION
10653 WAYZATA BLVD
MINNETONKA, MN 55305
* $ 315,937,000 4 $ 540,000
HOMESERVICES LENDING, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 4 $ 501,000
WESTERN STATE BANK
755 13TH AVE E
WEST FARGO, ND 58108
* $ 831,999,000 4 $ 413,000
FIRST FARMERS & MERCHANTS BANK
123 SOUTH FOURTH STREET
CANNON FALLS, MN 55009
* $ 274,765,000 3 $ 488,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 478,000
THE FIRST NATIONAL BANK OF LE CENTER
10 W. MINNESOTA ST
LE CENTER, MN 56057
* $ 85,574,000 3 $ 386,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 1,949,868,000 3 $ 563,000
ARLINGTON STATE BANK
230 W. MAIN, PO BOX 650
ARLINGTON, MN 55307
* $ 58,294,000 3 $ 239,000
MORTGAGES UNLIMITED INC.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ 1,518,000 3 $ 166,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ 10,000,000 3 $ 541,000
HOME FEDERAL SAVINGS BANK
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 641,901,000 3 $ 568,000
PHH HOME LOANS, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 3 $ 590,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ 50,442,000 3 $ 479,000
CORNERSTONE HOME LENDING, INC.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 57,509,481,000 3 $ 454,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,597,914,000 3 $ 274,000
SECURITY BANK & TRUST COMPANY
735 11TH STREET, P.O. BOX 218
GLENCOE, MN 55336
* $ 492,426,000 3 $ 384,000
HOMEOWNERS FINANCIAL GROUP USA, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85264
* $ 10,000,000 3 $ 443,000
LEND SMART MORTGAGE, LLC
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ 2,304,353,000 3 $ 330,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,299,801,000,000 3 $ 603,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 3,656,580,000 3 $ 648,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 85,747,508,000 3 $ 85,000
NEW YORK COMMUNITY BANK
615 MERRICK AVENUE
WESTBURY, NY 11590
* $ 46,472,436,000 2 $ 252,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 2 $ 330,000
FIREFLY
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 1,040,260,000 2 $ 535,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 31,272,894,000 2 $ 250,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 2 $ 520,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 2 $ 677,000
STATE BANK OF NEW PRAGUE
1101 FIRST STREET SE
NEW PRAGUE, MN 56071
* $ 113,908,000 2 $ 14,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 95,747,000 2 $ 216,000
CITIZENS BANK MINNESOTA
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 378,714,000 2 $ 752,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 2 $ 214,000
NOVATION CREDIT UNION
500 IMPERIAL AVE
OAKDALE, MN 55128
* $ 114,930,000 2 $ 37,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ 12,210,000 2 $ 215,000
ROUNDBANK
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 296,627,000 2 $ 216,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 2 $ 277,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 2 $ 288,000
CITIZENS STATE BANK NORWOOD YOUNG AMERICA
409 FAXON ROAD, PO BOX 789
NORWOOD YOUNG AMERICA, MN 55368
* $ 77,273,000 2 $ 208,000
FIRST MINNESOTA BANK
4625 COUNTY ROAD 101
MINNETONKA, MN 55345
* $ 405,960,000 2 $ 51,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 2 $ 132,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 2 $ 207,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 2 $ 167,000
FIRST NATIONAL BANK MINNESOTA
500 LONG STREET
MANKATO, MN 56001
* $ 205,212,000 2 $ 281,000
COMMUNITY BANK MANKATO
300 ST ANDREWS DR
MANKATO, MN 56001
* $ 261,304,000 2 $ 385,000
FLORIDA CAPITAL BANK, NATIONAL ASSOCIATION
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 340,713,000 2 $ 602,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 307,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ 52,388,000 2 $ 556,000
MARKETPLACE HOME MORTGAGE, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ 34,593,007,000 2 $ 172,000
IOWA BANKERS MORTGAGE CORPORATION
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ 10,000,000 2 $ 267,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 2 $ 245,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 210,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 1 $ 301,000
STATE BANK OF DELANO
1300 BABCOCK BLVD E.
DELANO, MN 55328
* $ 88,616,000 1 $ 75,000
FIRST INTERNATIONAL BANK & TRUST
1600 S BDWAY
MINOT, ND 58701
* $ 2,136,230,000 1 $ 207,000
NICOLLET COUNTY BANK OF SAINT PETER, THE
220 SOUTH THIRD STREET, P.O. BOX 420
ST. PETER, MN 56082
* $ 185,632,000 1 $ 172,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 100,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 1 $ 109,000
BANKVISTA
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 168,964,000 1 $ 243,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 149,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 1 $ 274,000
ACCESS NATIONAL BANK
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 1,177,985,000 1 $ 303,000
BAXTER CREDIT UNION
340 N MILWAUKEE AVE
VERNON HILLS, IL 60061
* $ 2,358,315,000 1 $ 99,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 1 $ 75,000
MAGNIFI FINANCIAL CREDIT UNION
1140 ELM STREET
SAINT JOSEPH, MN 56374
* $ 918,669,000 1 $ 75,000
SPIRE CREDIT UNION
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 825,612,000 1 $ 100,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 1 $ 83,000
AMERICAN BANK OF THE NORTH
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 578,695,000 1 $ 123,000
ROYAL CREDIT UNION
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54703
* $ 1,711,373,000 1 $ 43,000
LAKE AREA BANK
12790 FIRST AVE N - PO BOX 743
LINDSTROM, MN 55045
* $ 287,252,000 1 $ 141,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 27,567,209,000 1 $ 110,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 1 $ 130,000
SHAREPOINT CREDIT UNION
5300 HYLAND GREENS DR
BLOOMINGTON, MN 55437
* $ 190,783,000 1 $ 60,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 1 $ 165,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 275,000
PIONEER BANK
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ 400,207,000 1 $ 37,000
BUILDING TRADES FEDERAL CREDIT UNION
12080 73RD AVE N
MAPLE GROVE, MN 55369
* $ 127,203,000 1 $ 105,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 55,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 71,000
AMERICAN EQUITY MORTGAGE, INC.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 1 $ 102,000
DELTA COMMUNITY CREDIT UNION
3270 RIVERWOOD PKWY
ATLANTA, GA 30339
* $ 4,882,500,000 1 $ 25,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 444,244,000 1 $ 25,000
MIDWESTONE BANK
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 1,720,318,000 1 $ 417,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 1 $ 103,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 1 $ 241,000
NATIONS RELIABLE LENDING, LLC
2506 W MAIN STREET
HOUSTON, TX 77056
* $ 10,000,000 1 $ 138,000
OCEANSIDE MORTGAGE COMPANY
55 MAIN ST
TOMS RIVER, NJ 08753
* $ 10,000,000 1 $ 125,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 119,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 1 $ 26,000
1ST ALLIANCE LENDING, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 132,000
FREEPORT STATE BANK
111 MAIN ST E
FREEPORT, MN 56331
* $ 102,940,000 1 $ 90,000
ALLIANCE BANK
105 EAST LYON AVE
LAKE CITY, MN 55041
* $ 595,776,000 1 $ 94,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 1 $ 61,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ 4,993,000 1 $ 184,000
SIRVA MORTGAGE, INC.
6200 OAK TREE BLVD STE 300
INDEPENDENCE, OH 44131
* $ 101,315,000 1 $ 55,000
MANN FINANCIAL INC.
1220 WHITEFISH STAGE ROAD
KALISPELL, MT 59901
* $ 10,000,000 1 $ 103,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 1 $ 70,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 1 $ 118,000
LOAN SIMPLE, INC.
9635 MAROON CIRCLE SUITE 100
ENGLEWOOD, CO 80112
* $ 20,474,937,000 1 $ 115,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ 42,331,494,000 1 $ 225,000
NOVA FINANCIAL & INVESTMENT CORPORATION
6245 E. BROADWAY BLVD., SUITE 400
TUCSON, AZ 85711
* $ 10,000,000 1 $ 200,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,047,915,000 1 $ 133,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,014,652,000 1 $ 30,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 1 $ 5,000

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 Sibley 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
Refinancing 308 $46,786,000 $151,000 $625,000 $64,000 $436,000
Home Purchase 282 $36,976,000 $131,000 $417,000 $55,000 $638,000
Home Improvement 51 $3,742,000 $73,000 $312,000 $69,000 $185,000

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 501 $70,276,000 $140,000 $625,000 $70,000 $638,000
Not applicable 74 $9,138,000 $123,000 $365,000 $1,000 $44,000
Not Provided 40 $5,021,000 $125,000 $365,000 $60,000 $167,000
Hispanic 14 $1,579,000 $112,000 $258,000 $44,000 $73,000
Asian 4 $582,000 $145,000 $275,000 $56,000 $63,000
Black or African American 4 $205,000 $51,000 $95,000 $39,000 $48,000
Native Hawaiin or Other Pacific Islander 3 $593,000 $197,000 $240,000 $59,000 $80,000
American Indian or Alaskan Native 1 $110,000 $110,000 $110,000 $85,000 $85,000

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) 429 $58,407,000 $136,000 $625,000 $73,000 $638,000
FHA-insured (Federal Housing Administration) 120 $14,983,000 $124,000 $328,000 $37,000 $125,000
VA-guaranteed (Veterans Administration) 47 $8,567,000 $182,000 $344,000 $29,000 $97,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 45 $5,547,000 $123,000 $352,000 $32,000 $85,000

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 357 $47,716,000 $133,000 $625,000 $70,000 $638,000
Application Denied By Financial Institution 100 $12,131,000 $121,000 $327,000 $57,000 $167,000
Loan Purchased By The Institution 90 $12,794,000 $142,000 $365,000 $22,000 $204,000
Application Withdrawn By Applicant 59 $8,816,000 $149,000 $417,000 $70,000 $244,000
File Closed For Incompleteness 18 $3,186,000 $177,000 $344,000 $26,000 $125,000
Application Approved But Not Accepted 17 $2,861,000 $168,000 $480,000 $91,000 $435,000
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
Debt-To-Income Ratio 17 $2,562,000 $150,000 $327,000 $50,000 $120,000
Collateral 17 $1,848,000 $108,000 $300,000 $68,000 $167,000
Credit History 16 $1,078,000 $67,000 $180,000 $48,000 $123,000
Credit Application Incomplete 5 $610,000 $122,000 $145,000 $44,000 $69,000
Other 5 $674,000 $134,000 $161,000 $60,000 $82,000
Unverifiable Information 3 $305,000 $101,000 $152,000 $61,000 $72,000
Employment History 1 $46,000 $46,000 $46,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 1 $95,000 $95,000 $95,000 $39,000 $39,000
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