Find mortgage statistics and lending data for the Steele 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 Steele 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 | 1,574 |
Total Mortgage Loan Application Amount | $226,213,000 |
Average Mortgage Loan Application Amount | $143,000 |
Highest Mortgage Loan Application Amount | $800,000 |
Average Applicant Income | $66,000 |
Highest Applicant Income | $477,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
WELLS FARGO BANK, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042 DES MOINES, IA 50328 |
* | $ 467,861,000,000 | 414 | $ 58,504,000 |
JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,318,888,000,000 | 176 | $ 25,614,000 |
COUNTRYWIDE BANK FSB 30930 RUSSELL RANCH ROAD MS CA6-916-02-0 WESTLAKE VILLAGE, CA 91362 |
* | $ 121,054,736,000 | 137 | $ 21,677,000 |
CITIMORTGAGE, INC 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 69 | $ 10,944,000 |
US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 232,759,503,000 | 65 | $ 9,995,000 |
BENEFICIAL COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 4,017,643,000 | 57 | $ 9,269,000 |
GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 40 | $ 6,940,000 |
WELLS FARGO FIN'L MINNESOTA 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 36,752,895,000 | 38 | $ 4,488,000 |
AMTRUST BANK 1801 E. 9TH ST #200 CLEVELAND, OH 44114 |
* | $ 16,938,391,000 | 31 | $ 4,676,000 |
CITIFINANCIAL SERVICES INC 300 ST PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 29 | $ 2,096,000 |
US BANK NORTH DAKOTA 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 5,028,246,000 | 29 | $ 2,853,000 |
COLONIAL SAVINGS, F. A. P. O. BOX 2988 FORT WORTH, TX 76113 |
* | $ 949,331,000 | 28 | $ 3,588,000 |
COMPEER FINANCIAL, FLCA 2600 JENNY WREN TRAIL SUN PRAIRIE, WI 53590 |
* | $ 10,000,000 | 21 | $ 4,171,000 |
AFFINITY PLUS 175 WEST LAFAYETTE FRONTAGE ROAD SAINT PAUL, MN 55107 |
* | $ 1,222,682,000 | 20 | $ 1,745,000 |
THE BUSINESS BANK 11100 WAYZATA BLVD SUITE 150 MINNETONKA, MN 55305 |
* | $ 127,121,000 | 20 | $ 3,547,000 |
ALLY BANK F/K/A/ GMAC BANK 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 28,404,352,000 | 20 | $ 4,034,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 19 | $ 2,683,000 |
CAPITAL ONE NA 11130 INDUSTRIALPLEX BLVD BATON ROUGE, LA 70809 |
* | $ 97,517,902,000 | 17 | $ 134,000 |
AMERICANA COMMUNITY BANK 300 MAIN STREET WEST SLEEPY EYE, MN 56085 |
* | $ 184,993,000 | 16 | $ 517,000 |
ROUNDBANK 200 SECOND STREET NE, PO BOX 667 WASECA, MN 56093 |
* | $ 212,701,000 | 14 | $ 1,430,000 |
ASSOCIATED BANK, N.A. 200 N ADAMS ST GREEN BAY, WI 54301 |
* | $ 21,335,735,000 | 13 | $ 1,837,000 |
WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 13 | $ 2,030,000 |
TAYLOR, BEAN & WHITAKER 315 NE 14TH STREET OCALA, FL 34470 |
* | $ 10,000,000 | 10 | $ 1,707,000 |
MARKETPLACE HOME MORTGAGE, LLC 7380 FRANCE AVE S, STE 200 EDINA, MN 55435 |
* | $ 11,000,000 | 8 | $ 1,215,000 |
UNIVERSAL MORTGAGE CORPORATION 12080 NORTH CORPORATE PKWY SUITE 100 MEQUON, WI 53092 |
* | $ 10,000,000 | 7 | $ 1,435,000 |
AMERICAN EQUITY MORTGAGE, INC. 11933 WESTLINE INDUSTRIAL DRIVE SAINT LOUIS, MO 63146 |
* | $ 10,000,000 | 7 | $ 1,293,000 |
FRANKLIN AMERICAN MORTGAGE CO 501 CORPORATE CENTRE DRIVE, SUITE 400 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 7 | $ 1,287,000 |
SUNTRUST MORTGAGE, INC 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 175,107,526,000 | 7 | $ 1,279,000 |
CITIZENS BANCSHARES OF WOODVILLE, INC. 375 STAGELINE RD PO BOX 247 HUDSON, WI 54016 |
* | $ 200,155,000 | 7 | $ 1,397,000 |
HOME FEDERAL SAVINGS BANK 1016 CIVIC CENTER DR NW ROCHESTER, MN 55901 |
* | $ 1,116,457,000 | 7 | $ 892,000 |
CITICORP TRUST BANK, FSB 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 18,878,056,000 | 7 | $ 977,000 |
STATE FARM BANK 1 STATE FARM PLAZA BLOOMINGTON, IL 61710 |
* | $ 15,898,003,000 | 7 | $ 505,000 |
THINK MUTUAL BANK 5200 MEMBERS PARKWAY NW ROCHESTER, MN 55901 |
* | $ 1,343,178,000 | 6 | $ 611,000 |
FLAGSTAR BANK 5151 CORPORATE DR TROY, MI 48098 |
* | $ 15,757,171,000 | 6 | $ 991,000 |
EQUIFIRST CORPORATION 13000 S TRYON ST, STE F, PMB 317 CHARLOTTE, NC 28278 |
* | $ 343,735,670,000 | 6 | $ 802,000 |
PROVIDENT FUNDING ASSOCIATES, L.P. 851 TRAEGER AVENUE, SUITE 100 SAN BRUNO, CA 94066 |
* | $ 10,000,000 | 6 | $ 810,000 |
FREEDOM MORTGAGE CORP. 10500 KINCAID DR. STE. 300 FISHERS, IN 46037 |
* | $ 10,000,000 | 6 | $ 1,023,000 |
ALLEN MORTGAGE, LLC P.O. BOX 1168 CENTENNIAL PARK, AZ 86021 |
* | $ 10,000,000 | 6 | $ 805,000 |
NATIONS DIRECT MORTGAGE, LLC 5 HUTTON CENTRE DRIVE, SUITE 200 SANTA ANA, CA 92707 |
* | $ 11,000,000 | 5 | $ 752,000 |
SUMMIT MORTGAGE CORPORATION 13355 10TH AVE N, #100 PLYMOUTH, MN 55441 |
* | $ 10,000,000 | 5 | $ 546,000 |
BELL AMERICA MORTGAGE LLC DBA 1000 SHELARD PARKWAY SUITE 500 MINNEAPOLIS, MN 55434 |
* | $ 10,000,000 | 5 | $ 735,000 |
CAPITAL ONE HOME LOANS, LLC 12800 FOSTER STREET OVERLAND PARK, KS 66213 |
* | $ 88,701,411,000 | 5 | $ 923,000 |
BANK OF AMERICA, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 1,312,794,218,000 | 5 | $ 745,000 |
ELOAN 9600 WEST BRYN MAWR ROSEMONT, IL 60018 |
* | $ 48,624,000,000 | 4 | $ 645,000 |
TCF NATIONAL BANK 2508 LOUISE AVE S (002-01-P) SIOUX FALLS, SD 57106 |
* | $ 16,041,338,000 | 4 | $ 327,000 |
COUNTRYWIDE HOME LOANS 30930 RUSSELL RANCH ROAD MS WLRR-148 WESTLAKE VILLAGE, CA 91362 |
* | $ 199,946,230,000 | 3 | $ 517,000 |
FIRST TENNESSEE BANK NA 165 MADISON 5TH FLOOR MEMPHIS, TN 38103 |
* | $ 36,725,591,000 | 3 | $ 591,000 |
NATIONAL CITY BANK 1900 E NINTH ST LOC 01-3144 CLEVELAND, OH 44114 |
* | $ 138,755,343,000 | 3 | $ 254,000 |
COMMERCE BANK 101 CENTRAL AVE SOUTH GENEVA, MN 56035 |
* | $ 167,401,000 | 3 | $ 213,000 |
PREMIER BANK MINNESOTA 417 4TH ST NW FARIBAULT, MN 55021 |
* | $ 189,134,000 | 3 | $ 406,000 |
IDEAL MORTGAGE BANKERS, LTD 520 BROADHOLLOW ROAD MELVILLE, NY 11747 |
* | $ 10,000,000 | 3 | $ 402,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 3 | $ 395,000 |
HOMECOMINGS FINANCIAL LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 3 | $ 260,000 |
FIRST RESIDENTIAL MORTGAGE 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 3 | $ 706,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 3 | $ 449,000 |
NATIONWIDE ADVANTAGE MORTGAGE 1100 LOCUST ST DES MOINES, IA 50391 |
* | $ 31,000,000 | 3 | $ 387,000 |
LAKELAND MORTGAGE CORPORATION 8300 NORMAN CENTER DRIVE SUITE 240 BLOOMINGTON, MN 55437 |
* | $ 10,000,000 | 3 | $ 498,000 |
HIWAY 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 705,197,000 | 3 | $ 318,000 |
CU FACTORY BUILT LENDING, LP 6061 IH-10 WEST SAN ANTONIO, TX 78201 |
* | $ 1,761,607,000 | 3 | $ 118,000 |
GB MORTGAGE, LLC 4000 W BROWN DEER ROAD BROWN DEER, WI 53209 |
* | $ 29,183,000 | 3 | $ 419,000 |
EVERHOME MORTGAGE COMPANY 8100 NATIONS WAY JACKSONVILLE, FL 32256 |
* | $ 3,027,261,000 | 2 | $ 370,000 |
NFCU 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 33,011,920,000 | 2 | $ 360,000 |
RICHFIELD BLOOMINGTON CU 345 E. 77TH STREET RICHFIELD, MN 55423 |
* | $ 192,424,000 | 2 | $ 331,000 |
GSF MORTGAGE CORPORATION 15430 W CAPITOL DRIVE BROOKFIELD, WI 53005 |
* | $ 10,000,000 | 2 | $ 341,000 |
PRIMARY RESIDENTIAL MORTGAGE 4750 W WILEY POST WAY SUITE 200 SALT LAKE CITY, UT 84116 |
* | $ 10,000,000 | 2 | $ 286,000 |
MORTGAGE IT INC 60 WALL ST NEW YORK, NY 10005 |
* | $ 10,000,000 | 2 | $ 310,000 |
SHORE MORTGAGE 770 S. ADAMS ROAD #300 BIRMINGHAM, MI 48009 |
* | $ 10,000,000 | 2 | $ 353,000 |
EVERETT FINANCIAL INC. 14801 QUORUM DR SUITE 300 DALLAS, TX 75254 |
* | $ 3,642,000 | 2 | $ 245,000 |
GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ 10,000,000 | 2 | $ 410,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 2 | $ 422,000 |
PHH HOME LOANS, LLC 1 MORTGAGE WAY 2ND FLOOR MT LAUREL, NJ 08054 |
* | $ 4,597,939,000 | 2 | $ 316,000 |
CORNERSTONE HOME LENDING, INC. 1177 WEST LOOP SOUTH SUITE 200 HOUSTON, TX 77027 |
* | $ 57,509,481,000 | 2 | $ 247,000 |
STERLING STATE BANK 1419 1ST AVENUE SW AUSTIN, MN 55912 |
* | $ 251,679,000 | 2 | $ 149,000 |
M&I BANK FSB W57N14280 DOERR WAY CEDARBURG, WI 53012 |
* | $ 1,402,062,000 | 2 | $ 482,000 |
INTER SAVINGS BANK, FSB 13601 80TH CIRCLE N MAPLE GROVE, MN 55369 |
* | $ 962,850,000 | 2 | $ 390,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 30,219,506,000 | 2 | $ 432,000 |
HOME LOAN INVESTMENT BANK ONE HOME LOAN PLAZA WARWICK, RI 02886 |
* | $ 266,672,000 | 2 | $ 461,000 |
GUARANTY BANK, FSB 4000 W BROWN DEER ROAD BROWN DEER, WI 53209 |
* | $ 1,795,053,000 | 2 | $ 208,000 |
MERRILL LYNCH CREDIT CORP. 4804 DEER LAKE DRIVE EAST BLDG 3 FL 5 JACKSONVILLE, FL 32246 |
* | $ 4,500,000,000 | 2 | $ 228,000 |
GE MONEY BANK 4246 SOUTH RIVERBOAT RDCSUITE 200 SALT LAKE CITY, UT 84123 |
* | $ 14,839,190,000 | 2 | $ 13,000 |
CITIBANK, N.A. 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,251,715,000,000 | 2 | $ 94,000 |
WINTRUST MORTGAGE CORPORATION 660 MIDWEST RD SUITE 100 OAK BROOK TERRACE, IL 60181 |
* | $ 300,000,000 | 2 | $ 324,000 |
BENEFICIAL FINANCIAL I, INC. 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 11,000,000 | 2 | $ 382,000 |
HFC COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 15,000,000 | 2 | $ 244,000 |
FRANDSEN BANK & TRUST 116 CENTRAL STREET WEST LONSDALE, MN 55046 |
* | $ 278,143,000 | 1 | $ 178,000 |
CITIZENS STATE BANK NORWOOD YOUNG AMERICA 409 FAXON ROAD, PO BOX 789 NORWOOD YOUNG AMERICA, MN 55368 |
* | $ 63,809,000 | 1 | $ 148,000 |
BANK OF THE WEST 1977 SATURN STREET MS SC-MPK-03-N MONTEREY PARK, CA 91755 |
* | $ 61,829,845,000 | 1 | $ 93,000 |
REGIONS BANK 1900 5TH AVENUE N - ALBH10903B BIRMINGHAM, AL 35203 |
* | $ 137,049,763,000 | 1 | $ 220,000 |
FARMERS STATE BANK 181 MAIN ST WEST CONCORD, MN 55985 |
* | $ 51,150,000 | 1 | $ 225,000 |
COMMUNITY RESOURCE BANK 1605 HERITAGE DRIVE NORTHFIELD, MN 55057 |
* | $ 232,934,000 | 1 | $ 800,000 |
ALERUS FINANCIAL, NATIONAL ASSOCIATION PO BOX 6001 GRAND FORKS, ND 58206 |
* | $ 704,621,000 | 1 | $ 10,000 |
FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 395,864,000 | 1 | $ 40,000 |
AMERICANMTGNETWORK DBA VERTICE TONYA YOUNG 100 N MAIN ST MAC D4001-063 WINSTON-SALEM, NC 27101 |
* | $ 473,000,000,000 | 1 | $ 143,000 |
HOMESERVICES LENDING, LLC A 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,000,000 | 1 | $ 62,000 |
ACCESS NATIONAL MORTGAGE CORP 1800 ROBERT FULTON DR, SUITE 350 RESTON, VA 20191 |
* | $ 10,000,000 | 1 | $ 174,000 |
HSBC MORTGAGE CORP 2929 WALDEN AVE DEPEW, NY 14043 |
* | $ 92,958,000 | 1 | $ 132,000 |
EVERBANK 8100 NATIONS WAY JACKSONVILLE, FL 32256 |
* | $ 5,518,089,000 | 1 | $ 1,000 |
BANK OF INTERNET USA 12777 HIGH BLUFF DRIVE, SUITE 100 SAN DIEGO, CA 92130 |
* | $ 1,039,880,000 | 1 | $ 50,000 |
ING BANK, FSB 1 SOUTH ORANGE STREET WILMINGTON, DE 19801 |
* | $ 79,977,597,000 | 1 | $ 90,000 |
MWABANK 1701 1ST AVENUE ROCK ISLAND, IL 61201 |
* | $ 166,952,000 | 1 | $ 140,000 |
WACHOVIA MORTGAGE FSB TONYA YOUNG 100 N MAIN ST MAC D4001-063 WINSTON-SALEM, NC 27101 |
* | $ 56,294,475,000 | 1 | $ 287,000 |
MIDFIRST BANK 501 NW GRAND BLVD. OKLAHOMA CITY, OK 73118 |
* | $ 12,970,989,000 | 1 | $ 131,000 |
PRINCIPAL BANK 711 HIGH STREET DES MOINES, IA 50392 |
* | $ 1,944,868,000 | 1 | $ 53,000 |
GUARANTY BANK 8333 DOUGLAS AVENUE DALLAS, TX 75225 |
* | $ 16,674,004,000 | 1 | $ 199,000 |
PULASKI BANK 12300 OLIVE BLVD ST LOUIS, MO 63141 |
* | $ 1,249,426,000 | 1 | $ 224,000 |
PROGRESSIVE MORTGAGE COMPANY 125 S. FIFTH AVE. ANN ARBOR, MI 48104 |
* | $ 327,000,000 | 1 | $ 228,000 |
BRICKWELL COMMUNITY BANK 525 COMMONS DR WOODBURY, MN 55125 |
* | $ 73,023,000 | 1 | $ 170,000 |
STATE BANK OF NEW PRAGUE 1101 FIRST STREET SE NEW PRAGUE, MN 56071 |
* | $ 127,431,000 | 1 | $ 72,000 |
CITIZENS BANK MINNESOTA 105 NORTH MINNESOTA STREET NEW ULM, MN 56073 |
* | $ 256,452,000 | 1 | $ 124,000 |
BANK FORWARD 390 WHEAT STREET, PO BOX 100 HANNAFORD, ND 58448 |
* | $ 425,915,000 | 1 | $ 6,000 |
IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 1 | $ 162,000 |
LENOX FINANCIAL MORTGAGE CORPORATION 200 E. SANDPOINTE SUITE 800 SANTA ANA, CA 92707 |
* | $ 39,000,000 | 1 | $ 271,000 |
PREMIUM CAPITAL FUNDING LLC 125 JERICHO TPKE JERICHO, NY 11753 |
* | $ 10,000,000 | 1 | $ 138,000 |
SIRVA MORTGAGE, INC. 6200 OAK TREE BLVD STE 300 INDEPENDENCE, OH 44131 |
* | $ 101,315,000 | 1 | $ 241,000 |
MORTGAGE RESEARCH CENTER, LLC 2101 CHAPEL PLAZA COURT SUITE 107 COLUMBIA, MO 65203 |
* | $ 880,000,000 | 1 | $ 179,000 |
ASSURITY FINANCIAL SERVICES 6025 SOUTH QUEBEC STREET, #260 ENGLEWOOD, CO 80111 |
* | $ 10,000,000 | 1 | $ 84,000 |
MOBILITY HOME LOANS 6077 PRIMACY PARKWAY, STE 300 MEMPHIS, TN 38119 |
* | $ 175,085,370,000 | 1 | $ 131,000 |
CASTLE POINT MORTGAGE, INC. 7 ENTIN ROAD, STE. 102 PARSIPPANY, NJ 07054 |
* | $ 16,999,000 | 1 | $ 96,000 |
CHERRY CREEK MORTGAGE CO., INC 7600 EAST ORCHARD RD., STE 250-N GREENWOOD VILLAGE, CO 80111 |
* | $ 10,000,000 | 1 | $ 104,000 |
PLAZA HOME MORTGAGE, INC 5090 SHOREHAM PLACE, SUITE #206 SAN DIEGO, CA 92122 |
* | $ 10,000,000 | 1 | $ 206,000 |
GENERAL MORTGAGE FINANCE CORP 5775 WAYZATA BOULEVARE SUITE 845 ST LOUIS PARK, MN 55416 |
* | $ 1,500,000 | 1 | $ 125,000 |
AMERICAN AIRLINES FEDERAL CREDIT UNION 4151 AMON CARTER BLVD FT WORTH, TX 76155 |
* | $ 4,492,211,000 | 1 | $ 307,000 |
FIREFLY 1400 RIVERWOOD DR BURNSVILLE, MN 55337 |
* | $ 742,161,000 | 1 | $ 52,000 |
TRUSTONE FINANCIAL FEDERAL CREDIT UNION 14601 27TH AVENUE NORTH PLYMOUTH, MN 55447 |
* | $ 551,601,000 | 1 | $ 42,000 |
FIRST FRANKLIN FINANCIAL CORP 2150 NORTH FIRST STREET SAN JOSE, CA 95131 |
* | $ 14,004,000 | 1 | $ 87,000 |
TOPLINE FEDERAL CREDIT UNION 9353 JEFFERSON HWY MAPLE GROVE, MN 55369 |
* | $ 247,078,000 | 1 | $ 34,000 |
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 | 969 | $149,397,000 | $154,000 | $800,000 | $66,000 | $360,000 |
Home Purchase | 493 | $71,437,000 | $144,000 | $550,000 | $65,000 | $477,000 |
Home Improvement | 112 | $5,379,000 | $48,000 | $285,000 | $63,000 | $373,000 |
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 | 1,318 | $191,537,000 | $145,000 | $550,000 | $69,000 | $477,000 |
Not Provided | 104 | $12,070,000 | $116,000 | $317,000 | $57,000 | $200,000 |
Not applicable | 99 | $16,157,000 | $163,000 | $800,000 | $35,000 | $188,000 |
Hispanic | 44 | $5,585,000 | $126,000 | $227,000 | $42,000 | $124,000 |
Black or African American | 6 | $571,000 | $95,000 | $180,000 | $61,000 | $91,000 |
Asian | 2 | $290,000 | $145,000 | $165,000 | $54,000 | $57,000 |
American Indian or Alaskan Native | 1 | $3,000 | $3,000 | $3,000 | $90,000 | $90,000 |
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) | 1,132 | $159,352,000 | $140,000 | $800,000 | $71,000 | $477,000 |
FHA-insured (Federal Housing Administration) | 305 | $47,835,000 | $156,000 | $297,000 | $56,000 | $148,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 106 | $13,564,000 | $127,000 | $236,000 | $39,000 | $89,000 |
VA-guaranteed (Veterans Administration) | 31 | $5,462,000 | $176,000 | $304,000 | $68,000 | $160,000 |
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 | 768 | $111,371,000 | $145,000 | $800,000 | $69,000 | $360,000 |
Application Denied By Financial Institution | 352 | $47,412,000 | $134,000 | $384,000 | $65,000 | $477,000 |
Loan Purchased By The Institution | 212 | $33,904,000 | $159,000 | $380,000 | $48,000 | $188,000 |
Application Withdrawn By Applicant | 128 | $19,259,000 | $150,000 | $417,000 | $68,000 | $400,000 |
Application Approved But Not Accepted | 80 | $9,739,000 | $121,000 | $369,000 | $67,000 | $235,000 |
File Closed For Incompleteness | 34 | $4,528,000 | $133,000 | $307,000 | $81,000 | $373,000 |
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 | 77 | $11,513,000 | $149,000 | $384,000 | $74,000 | $163,000 |
Credit History | 53 | $4,291,000 | $80,000 | $221,000 | $64,000 | $477,000 |
Debt-To-Income Ratio | 36 | $5,420,000 | $150,000 | $312,000 | $55,000 | $147,000 |
Other | 17 | $2,726,000 | $160,000 | $384,000 | $70,000 | $125,000 |
Unverifiable Information | 14 | $2,162,000 | $154,000 | $300,000 | $62,000 | $143,000 |
Credit Application Incomplete | 5 | $883,000 | $176,000 | $250,000 | $70,000 | $98,000 |
Employment History | 5 | $599,000 | $119,000 | $146,000 | $41,000 | $58,000 |
Insufficient Cash (Downpayment, Closing Cost) | 1 | $143,000 | $143,000 | $143,000 | $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.