Sibley County MN
Mortgage Loan Application
Totals and Details
for 2022

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 573
Total Mortgage Loan Application Amount $103,575,000
Average Mortgage Loan Application Amount $180,000
Highest Mortgage Loan Application Amount $845,000
Average Applicant Income $88,000
Highest Applicant Income $750,000

Mortgage Company List for Lending in Sibley County MN for 2022

* 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
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 564,154,604,000 32 $ 4,940,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 24 $ 5,190,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 22 $ 5,000,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 19 $ 3,625,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,779,504,000,000 18 $ 2,440,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 17 $ 3,905,000
SOUTHPOINT FINANCIAL
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ 508,641,000 16 $ 1,800,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 9,729,918,000 15 $ 3,015,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 14 $ 2,590,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 13 $ 2,655,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 13 $ 2,965,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 13 $ 4,045,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 12 $ 2,460,000
OLD NATIONAL BANK
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 24,354,109,000 12 $ 2,110,000
CORNERSTONE STATE BANK
401 4TH ST N W
MONTGOMERY, MN 56069
* $ 231,219,000 11 $ 1,755,000
CITIZENS BANK MINNESOTA
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 586,804,000 10 $ 1,240,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 10 $ 1,410,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 10 $ 2,470,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 3,746,301,000 9 $ 955,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 523,774,000 8 $ 930,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 1,046,473,000 8 $ 880,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 7 $ 1,365,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 7 $ 1,745,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 7 $ 1,405,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 108,342,526,000 6 $ 290,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 6 $ 1,190,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 6 $ 1,440,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 6 $ 1,060,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 5 $ 955,000
MORTGAGES UNLIMITED INC.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 5 $ 1,395,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 5 $ 775,000
CORTRUST MORTGAGE, INC.
2101 S MINNESOTA AVENUE
SIOUX FALLS, SD 57105
* $ -1,000 5 $ 1,185,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 3,979,767,000 5 $ 395,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 16,499,164,000 5 $ 1,755,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 4 $ 860,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 4 $ 480,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 4 $ 810,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 2,820,664,000 4 $ 720,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 4 $ 360,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 4 $ 560,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 7,846,662,000 4 $ 430,000
LEND SMART MORTGAGE, LLC
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ -1,000 4 $ 670,000
TRADITION MORTGAGE, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ -1,000 4 $ 830,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 3 $ 805,000
RESULTS MORTGAGE, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 3 $ 675,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 173,414,362,000 3 $ 555,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 3 $ 705,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 3 $ 415,000
MINNSTAR BANK NATIONAL ASSOCIATION
202 N MAIN ST
LAKE CRYSTAL, MN 56055
* $ 170,474,000 3 $ 425,000
DATA MORTGAGE, INC.
2200 W. ORANGEWOOD AVE SUITE 150
ORANGE, CA 92868
* $ -1,000 3 $ 795,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 3 $ 595,000
AMERICAN PORTFOLIO MORTGAGE CORPORATION
800 E NORTHWEST HIGHWAY SUITE 821
PALATINE, IL 60074
* $ -1,000 3 $ 845,000
MINNWEST BANK
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 2,704,195,000 3 $ 435,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 2,730,710,000 3 $ 245,000
CAMBRIA FINANCIAL GROUP, LLC
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 3 $ 585,000
NOVATION CREDIT UNION
500 IMPERIAL AVE
OAKDALE, MN 55128
* $ 218,712,000 3 $ 185,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 2 $ 420,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 2 $ 300,000
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC.
3820 NORTHDALE BLVD STE 111A
TAMPA, FL 33624
* $ -1,000 2 $ 140,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 2 $ 200,000
MINNESOTA VALLEY FEDERAL CREDIT UNION
1640 ADAMS ST
MANKATO, MN 56001
* $ 257,449,000 2 $ 140,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 180,000
TOPLINE FEDERAL CREDIT UNION
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ 651,106,000 2 $ 100,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 188,069,637,000 2 $ 600,000
THRIVENT FEDERAL CREDIT UNION
625 FOURTH AVE S
MINNEAPOLIS, MN 55415
* $ 870,500,000 2 $ 190,000
CENTER NATIONAL BANK
301 N RAMSEY AVE
LITCHFIELD, MN 55355
* $ 269,950,000 2 $ 250,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 154,617,469,000 2 $ 300,000
SPIRE CREDIT UNION
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 1,948,614,000 2 $ 80,000
MEGASTAR FINANCIAL CORP.
1080 CHEROKEE STREET
DENVER, CO 80205
* $ -1,000 2 $ 340,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 2 $ 390,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 2 $ 570,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 2 $ 260,000
NEW MARKET BANK
101 OLD TOWN RD
ELKO NEW MARKET, MN 55054
* $ 193,071,000 1 $ 465,000
FLAGSHIP BANK MINNESOTA
711 6TH AVENUE NORTHEAST
ISANTI, MN 55040
* $ 325,748,000 1 $ 55,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 551,902,526,000 1 $ 75,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 4,030,966,000 1 $ 235,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 1 $ 165,000
THE FIRST NATIONAL BANK OF MOOSE LAKE
20 HARTMAN DR
MOOSE LAKE, MN 55767
* $ 127,752,000 1 $ 145,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 32,127,026,000 1 $ 145,000
ALLY BANK
2101, 300 EAST REXFORD RD
CHARLOTTE, NC 28211
* $ 172,820,000,000 1 $ 75,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 1 $ 95,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 215,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 205,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 1 $ 105,000
THE BANK OF ELK RIVER
630 MAIN ST NW
ELK RIVER, MN 55330
* $ 635,628,000 1 $ 85,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 796,563,000 1 $ 155,000
THE FIRST NATIONAL BANK OF LE CENTER
10 W. MINNESOTA ST
LE CENTER, MN 56057
* $ 133,314,000 1 $ 235,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 175,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 348,453,000 1 $ 165,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ -1,000 1 $ 185,000
CITY-COUNTY CREDIT UNION
144 11TH ST. E
SAINT PAUL, MN 55101
* $ 1,170,198,000 1 $ 65,000
WESTSTAR MORTGAGE CORPORATION
6363 NORTH STATE HIGHWAY 161
IRVING, TX 75038
* $ -1,000 1 $ 165,000
AMERICAN INVESTORS BANK AND MORTGAGE
6385 OLD SHADY OAK ROAD, SUITE #110
EDEN PRAIRIE, MN 55344
* $ 94,923,000 1 $ 65,000
ARMED FORCES BANK, NATIONAL ASSOCIATION
1111 MAIN ST SUITE 1600
KANSAS CITY, MO 64105
* $ 1,230,840,000 1 $ 235,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 415,000
LONGBRIDGE FINANCIAL, LLC
ONE INTERNATIONAL BLVD.
MAHWAH, NJ 07495
* $ -1,000 1 $ 95,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 195,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 1 $ 125,000
CITIZENS ALLIANCE BANK
55 NW 1ST ST NW PO BOX 430
CLARA CITY, MN 56222
* $ 1,056,226,000 1 $ 305,000
AMERICAN PACIFIC MORTGAGE CORPORATION
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 1 $ 205,000
CITIZENS STATE BANK
375 STAGELINE RD
HUDSON, WI 54016
* $ 317,042,000 1 $ 135,000
BANK MIDWEST
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 1,234,147,000 1 $ 135,000
AXIA FINANCIAL, LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 1 $ 215,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ -1,000 1 $ 205,000
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 1 $ 255,000
SHAREPOINT CREDIT UNION
5300 HYLAND GREENS DR
BLOOMINGTON, MN 55437
* $ 305,574,000 1 $ 175,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 3,310,189,000 1 $ 215,000
CORTRUST BANK NATIONAL ASSOCIATION
100 EAST HAVENS
MITCHELL, SD 57301
* $ 1,566,307,000 1 $ 65,000
BUILDING TRADES FEDERAL CREDIT UNION
3353 RICE ST
SHOREVIEW, MN 55126
* $ 201,738,000 1 $ 315,000
SELF-HELP CREDIT UNION
301 W MAIN STREET
DURHAM, NC 27701
* $ 1,341,481,000 1 $ 235,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 1 $ 135,000
DRAPER AND KRAMER MORTGAGE CORP.
1431 OPUS PLACE SUITE 200
DOWNERS GROVE, IL 60515
* $ -1,000 1 $ 215,000
FIRST BANK & TRUST
520 6TH STREET
BROOKINGS, SD 57006
* $ 4,059,403,000 1 $ 125,000
HOMESTEAD FUNDING CORP.
8 AIRLINE DRIVE
ALBANY, NY 12205
* $ -1,000 1 $ 115,000
HERITAGE BANK NATIONAL ASSOCIATION
100 SOUTH STREET W
SPICER, MN 56288
* $ 467,757,000 1 $ 145,000
FIRST SAVINGS BANK
501 E. LEWIS & CLARK PARKWAY
CLARKSVILLE, IN 47129
* $ 1,758,936,000 1 $ 75,000
BAYFIRST NATIONAL BANK
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 917,272,000 1 $ 215,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 95,000
ALLIANCE BANK
105 EAST LYON AVE
LAKE CITY, MN 55041
* $ 781,244,000 1 $ 135,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 265,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 165,000
GUARANTY HOME MORTGAGE CORPORATION
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 115,000
ARK-LA-TEX FINANCIAL SERVICES, LLC.
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 125,000
DAS ACQUISITION COMPANY, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 1 $ 55,000

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 2022

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 299 $61,745,000 $206,000 $575,000 $80,000 $694,000
Cash-out Refinancing 138 $23,830,000 $172,000 $445,000 $89,000 $283,000
Refinancing 75 $12,205,000 $162,000 $845,000 $87,000 $319,000
Home Improvement 30 $2,520,000 $84,000 $255,000 $102,000 $224,000
Other Purpose 29 $3,035,000 $104,000 $625,000 $140,000 $750,000
Not Applicable 2 $240,000 $120,000 $145,000 $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 409 $74,955,000 $183,000 $845,000 $89,000 $750,000
Not applicable 73 $14,605,000 $200,000 $465,000 $79,000 $123,000
Not Provided 57 $8,895,000 $156,000 $465,000 $90,000 $211,000
Hispanic 27 $3,815,000 $141,000 $355,000 $66,000 $254,000
Asian 5 $925,000 $185,000 $305,000 $67,000 $104,000
Black or African American 2 $380,000 $190,000 $345,000 $83,000 $115,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 383 $65,625,000 $171,000 $845,000 $94,000 $750,000
FHA-insured (Federal Housing Administration) 127 $23,795,000 $187,000 $385,000 $73,000 $216,000
VA-guaranteed (Veterans Administration) 39 $8,685,000 $222,000 $455,000 $75,000 $198,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 24 $5,470,000 $227,000 $305,000 $71,000 $105,000

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 349 $63,555,000 $182,000 $845,000 $90,000 $694,000
Application Withdrawn By Applicant 65 $11,935,000 $183,000 $435,000 $80,000 $268,000
Application Denied By Financial Institution 62 $8,730,000 $140,000 $575,000 $78,000 $750,000
Loan Purchased By The Institution 62 $12,790,000 $206,000 $465,000 $76,000 $123,000
File Closed For Incompleteness 21 $3,835,000 $182,000 $415,000 $98,000 $283,000
Application Approved But Not Accepted 12 $2,160,000 $180,000 $405,000 $109,000 $444,000
Preapproval Approved but not Accepted 2 $570,000 $285,000 $305,000 $77,000 $96,000
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 491 $92,105,000 $187,000 $845,000 $90,000 $694,000
Debt-To-Income Ratio 36 $4,830,000 $134,000 $355,000 $65,000 $181,000
Credit History 15 $1,095,000 $73,000 $155,000 $67,000 $128,000
Collateral 14 $2,680,000 $191,000 $575,000 $129,000 $750,000
Credit Application Incomplete 4 $340,000 $85,000 $175,000 $66,000 $111,000
Other 4 $940,000 $235,000 $345,000 $129,000 $189,000
Insufficient Cash (Downpayment, Closing Cost) 4 $530,000 $132,000 $155,000 $49,000 $56,000
Unverifiable Information 3 $605,000 $201,000 $255,000 $66,000 $89,000
Employment History 2 $450,000 $225,000 $325,000 $45,000 $48,000
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