Steele County MN
Mortgage Loan Application
Totals and Details
for 2008

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 Company List for Lending in Steele County MN for 2008

* 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, 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.

Mortgage Loan Application Detail Totals for Steele County MN in 2008

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.

Download the Minnesota Lender List