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 | 1,323 |
Total Mortgage Loan Application Amount | $174,483,000 |
Average Mortgage Loan Application Amount | $131,000 |
Highest Mortgage Loan Application Amount | $2,000,000 |
Average Applicant Income | $68,000 |
Highest Applicant Income | $2,415,000 |
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 |
* | $ 1,373,600,000,000 | 321 | $ 39,941,000 |
LUMINATE HOME LOANS 7760 FRANCE AVE S, STE 1010 BLOOMINGTON, MN 55435 |
* | $ 4,028,990,000 | 116 | $ 17,028,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 360,478,278,000 | 110 | $ 12,892,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,945,467,000,000 | 57 | $ 8,232,000 |
TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ 35,475,880,000 | 37 | $ 4,406,000 |
UNITED PRAIRIE BANK 10 FIRESTONE DRIVE, SUITE 300 MANKATO, MN 56001 |
* | $ 560,803,000 | 36 | $ 3,114,000 |
PROFINIUM, INC. 105 LAKE AVE. PO BOX 848 FAIRMONT, MN 56031 |
* | $ 315,578,000 | 30 | $ 3,357,000 |
BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 1,492,889,000 | 28 | $ 3,957,000 |
COMPEER FINANCIAL, FLCA 2600 JENNY WREN TRAIL SUN PRAIRIE, WI 53590 |
* | $ 10,000,000 | 28 | $ 5,880,000 |
WELLS FEDERAL BANK 53 1ST ST SW WELLS, MN 56097 |
* | $ 243,660,000 | 26 | $ 2,571,000 |
BREMER BANK, NA 372 ST. PETER STREET ST. PAUL, MN 55102 |
* | $ 2,794,680,000 | 25 | $ 4,308,000 |
CMG MORTGAGE, INC. 3160 CROW CANYON ROAD, SUITE 400 SAN RAMON, CA 94583 |
* | $ 100,000,000 | 22 | $ 3,300,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 21 | $ 2,820,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ 138,031,000 | 18 | $ 2,306,000 |
MERCHANTS BANK, NATIONAL ASSOCIATION 102 EAST THIRD STREET WINONA, MN 55987 |
* | $ 1,362,044,000 | 14 | $ 1,597,000 |
HOME FEDERAL SAVINGS BANK 1016 CIVIC CENTER DR NW ROCHESTER, MN 55901 |
* | $ 647,428,000 | 12 | $ 547,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ 10,000,000 | 12 | $ 1,751,000 |
FIRST STATE BANK OF RED WING, THE 3209 SOUTH SERVICE DRIVE RED WING, MN 55066 |
* | $ 73,927,000 | 12 | $ 664,000 |
ROUNDBANK 200 SECOND STREET NE, PO BOX 667 WASECA, MN 56093 |
* | $ 298,904,000 | 11 | $ 805,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ 8,361,206,000 | 11 | $ 1,126,000 |
DITECH MORTGAGE CORP 1100 VIRGINIA DRIVE, SUITE 100 FT. WASHINGTON, PA 19034 |
* | $ 5,720,000 | 11 | $ 1,669,000 |
ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 HOUSTON, TX 77056 |
* | $ 10,000,000 | 10 | $ 1,478,000 |
PENNYMAC LOAN SERVICES LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ 39,000,000 | 10 | $ 1,016,000 |
BELL BANK 3100 13TH AVE S FARGO, ND 58103 |
* | $ 2,905,587,000 | 9 | $ 1,389,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 12,648,357,000 | 9 | $ 1,119,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,433,716,000,000 | 9 | $ 1,293,000 |
AFFINITY PLUS 175 WEST LAFAYETTE FRONTAGE ROAD SAINT PAUL, MN 55107 |
* | $ 1,744,025,000 | 9 | $ 621,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ 10,000,000 | 8 | $ 1,085,000 |
SERVION, INC. 500 MAIN STREET NEW BRIGHTON, MN 55112 |
* | $ 250,000,000 | 8 | $ 964,000 |
RESCUE MORTGAGE INC 10740 LYNDALE AVE S, SUITE 19E BLOOMINGTON, MN 55420 |
* | $ 1,507,000 | 7 | $ 984,000 |
PREMIER BANK MINNESOTA 417 4TH ST NW FARIBAULT, MN 55021 |
* | $ 172,327,000 | 7 | $ 2,351,000 |
CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,346,747,000,000 | 7 | $ 961,000 |
ASSOCIATED BANK, NATIONAL ASSOCIATION 200 NORTH ADAMS STREET GREEN BAY, WI 54301 |
* | $ 23,932,159,000 | 7 | $ 593,000 |
STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 15,766,346,000 | 7 | $ 671,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 6 | $ 1,148,000 |
PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ 40,000,000 | 6 | $ 1,025,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ 10,000,000 | 5 | $ 496,000 |
SUNTRUST MORTGAGE, INC. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 171,261,678,000 | 5 | $ 792,000 |
HIWAY 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 926,944,000 | 5 | $ 188,000 |
IOWA BANKERS MORTGAGE CORPORATION 8800 NW 62ND AVE JOHNSTON, IA 50131 |
* | $ 10,000,000 | 5 | $ 827,000 |
STONEGATE MORTGAGE CORPORATION 9190 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 |
* | $ 10,000,000 | 5 | $ 721,000 |
EASTWOOD BANK 5125 HWY 52 N ROCHESTER, MN 55901 |
* | $ 669,013,000 | 5 | $ 711,000 |
COMMUNITY BANK MANKATO 300 ST ANDREWS DR MANKATO, MN 56001 |
* | $ 211,553,000 | 4 | $ 184,000 |
CAMBRIA FINANCIAL GROUP, LLC 11000 W 78TH STREET, SUITE 300 EDEN PRAIRIE, MN 55344 |
* | $ 7,380,000 | 4 | $ 590,000 |
BMO HARRIS BANK NATIONAL ASSOCIATION 111 W. MONROE CHICAGO, IL 60603 |
* | $ 91,286,152,000 | 4 | $ 332,000 |
TRUSTONE FINANCIAL FEDERAL CREDIT UNION 14601 27TH AVENUE NORTH PLYMOUTH, MN 55447 |
* | $ 914,430,000 | 4 | $ 198,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ 945,758,000 | 4 | $ 535,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 17,638,918,000 | 4 | $ 495,000 |
FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 4 | $ 703,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ 880,000,000 | 4 | $ 428,000 |
BANK OF ENGLAND PO BOX 70 ENGLAND, AR 72046 |
* | $ 245,863,000 | 4 | $ 548,000 |
HOME LOAN INVESTMENT BANK, F.S.B. ONE HOME LOAN PLAZA WARWICK, RI 02886 |
* | $ 204,003,000 | 4 | $ 86,000 |
THINK MUTUAL BANK 5200 MEMBERS PARKWAY NW ROCHESTER, MN 55901 |
* | $ 1,468,863,000 | 4 | $ 320,000 |
PEOPLES BANK 4831 W 6TH ST LAWRENCE, KS 66049 |
* | $ 439,528,000 | 3 | $ 486,000 |
NETWORK CAPITAL FUNDING CORPORATION 5 PARK PLAZA #800 IRVINE, CA 92614 |
* | $ 52,388,000 | 3 | $ 431,000 |
SUN WEST MORTGAGE COMPANY, INC. 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ 10,000,000 | 3 | $ 429,000 |
CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 3 | $ 409,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 179,126,294,000 | 3 | $ 261,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 62,866,954,000 | 3 | $ 513,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 309,999,678,000 | 3 | $ 386,000 |
COLONIAL SAVINGS, F.A. P O BOX 2988 FORT WORTH, TX 76113 |
* | $ 943,388,000 | 3 | $ 273,000 |
MARKETPLACE HOME MORTGAGE, LLC 7380 FRANCE AVE S, STE 200 EDINA, MN 55435 |
* | $ 34,593,007,000 | 3 | $ 534,000 |
TRADITION MORTGAGE, LLC 16995 BRANDTJEN FARM DRIVE SUTE 300 LAKEVILLE, MN 55044 |
* | $ 10,000,000 | 3 | $ 569,000 |
RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ 100,000,000 | 3 | $ 343,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ 1,825,398,000 | 2 | $ 338,000 |
PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ 10,000,000 | 2 | $ 379,000 |
MORTGAGES UNLIMITED INC. 7365 KIRKWOOD COURT NORTH SUITE 300 MAPLE GROVE, MN 55113 |
* | $ 1,518,000 | 2 | $ 297,000 |
COMMUNITY RESOURCE BANK 1605 HERITAGE DRIVE NORTHFIELD, MN 55057 |
* | $ 237,069,000 | 2 | $ 592,000 |
MARINE 811 MONITOR STREET LA CROSSE, WI 54603 |
* | $ 474,386,000 | 2 | $ 355,000 |
FRANDSEN BANK & TRUST 116 CENTRAL STREET WEST LONSDALE, MN 55046 |
* | $ 1,630,992,000 | 2 | $ 271,000 |
FARMERS STATE BANK 181 MAIN ST WEST CONCORD, MN 55985 |
* | $ 47,522,000 | 2 | $ 185,000 |
TRUHOME SOLUTIONS, L.L.C. 9601 LEGLER RD LENEXA, KS 66219 |
* | $ 1,900,000,000 | 2 | $ 448,000 |
PROFICIO BANK 6985 UNION PARK CENTER, SUITE 150 COTTONWOOD HEIGHTS, UT 84047 |
* | $ 168,648,000 | 2 | $ 311,000 |
NATIONS LENDING CORPORATION 4 SUMMIT PARK DR STE 200 INDEPENDENCE, OH 44131 |
* | $ 4,410,000 | 2 | $ 367,000 |
PROVIDENT FUNDING ASSOCIATES, L.P. 851 TRAEGER AVENUE, SUITE 100 SAN BRUNO, CA 94066 |
* | $ 10,000,000 | 2 | $ 305,000 |
W. J. BRADLEY MORTGAGE CAPITAL 6465 GREENWOOD PLAZA BLVD, SUITE 500 CENTENNIAL, CO 80111 |
* | $ 10,000,000 | 2 | $ 507,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ 10,000,000 | 2 | $ 246,000 |
CRESCENT MORTGAGE COMPANY 6600 PEACHTREE DUNWOODY ROAD SUITE 650 ATLANTA, GA 30328 |
* | $ 826,484,000 | 2 | $ 303,000 |
PIONEER BANK 320 STADIUM ROAD SUITE 100 MANKATO, MN 56001 |
* | $ 376,995,000 | 2 | $ 159,000 |
MINNWEST BANK 300 S WASHINGTON REDWOOD FALLS, MN 56283 |
* | $ 507,879,000 | 1 | $ 638,000 |
GERMAN AMERICAN BANK 711 MAIN STREET, P.O. BOX 360 JASPER, IN 47546 |
* | $ 2,159,327,000 | 1 | $ 45,000 |
FARMERS BANK & TRUST 1017 HARRISON GREAT BEND, KS 67530 |
* | $ 690,026,000 | 1 | $ 158,000 |
COULEE BANK 1516 LOSEY BLVD. S. LA CROSSE, WI 54601 |
* | $ 282,731,000 | 1 | $ 2,000,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ 1,543,699,000 | 1 | $ 146,000 |
FALCON NATIONAL BANK 183 CEDAR DRIVE FOLEY, MN 56329 |
* | $ 156,245,000 | 1 | $ 63,000 |
BANC OF CALIFORNIA, NATIONAL ASSOCIATION 18500 VON KARMAN AVENUE SUITE 1100 IRVINE, CA 92612 |
* | $ 3,618,297,000 | 1 | $ 169,000 |
ALTRA 1700 OAK FOREST DRIVE ONALASKA, WI 54650 |
* | $ 967,098,000 | 1 | $ 200,000 |
FIREFLY 1400 RIVERWOOD DR BURNSVILLE, MN 55337 |
* | $ 928,895,000 | 1 | $ 20,000 |
HOMETOWN BANK 1000 EAST COOK STREET REDWOOD FALLS, MN 56283 |
* | $ 223,190,000 | 1 | $ 127,000 |
STEARNS LENDING, LLC 4 HUTTON CENTRE, 10TH FLOOR SANTA ANA, CA 92707 |
* | $ 10,000,000 | 1 | $ 93,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 1 | $ 202,000 |
ZILLOW HOME LOANS, LLC 10975 EL MONTE ST OVERLAND PARK, KS 66211 |
* | $ 10,000,000 | 1 | $ 399,000 |
J.G. WENTWORTH HOME LENDING, LLC 3350 COMMISSION COURT WOODBRIDGE, VA 22192 |
* | $ 10,000,000 | 1 | $ 186,000 |
MILEND, INC. 375 NORTHRIDGE RD, SUITE 600 ATLANTA, GA 30350 |
* | $ 10,000,000 | 1 | $ 198,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ 10,000,000 | 1 | $ 41,000 |
UNITED SECURITY FINANCIAL CORP 930 EAST 6600 SOUTH MURRAY, UT 84121 |
* | $ 10,000,000 | 1 | $ 235,000 |
EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 DALLAS, TX 75254 |
* | $ 3,642,000 | 1 | $ 138,000 |
NTFN, INC. 700 STATE HIGHWAY 121, SUITE 100 LEWISVILLE, TX 75067 |
* | $ 10,000,000 | 1 | $ 216,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 1 | $ 184,000 |
MOVEMENT MORTGAGE, LLC 8024 CALVIN HALL ROAD INDIAN LAND, SC 29707 |
* | $ 10,000,000 | 1 | $ 185,000 |
SUNTRUST BANK P.O. BOX 4418, MAIL CODE 0663 ATLANTA, GA 30302 |
* | $ 171,261,678,000 | 1 | $ 5,000 |
HOMESERVICES LENDING, LLC 2700 WESTOWN PARKWAY, SUITE 345 WEST DES MOINES, IA 50266 |
* | $ 25,000,000 | 1 | $ 87,000 |
CAPITAL ONE, NATIONAL ASSOCIATION 7933 PRESTON ROAD PLANO, TX 75024 |
* | $ 238,482,903,000 | 1 | $ 225,000 |
IMPAC MORTGAGE CORP. 19500 JAMBOREE RD IRVINE, CA 92612 |
* | $ 32,120,000 | 1 | $ 159,000 |
AMERICAN EQUITY MORTGAGE, INC. 11933 WESTLINE INDUSTRIAL DRIVE SAINT LOUIS, MO 63146 |
* | $ 10,000,000 | 1 | $ 141,000 |
AMERICAN BANK 9001 EDMONSTON ROAD SUITE 100 GREENBELT, MD 20770 |
* | $ 410,770,000 | 1 | $ 166,000 |
COLORADO FEDERAL SAVINGS BANK8 400 EAST PRENTICE AVE, SUITE 840 GREENWOOD VILLAGE, CO 80111 |
* | $ 1,556,338,000 | 1 | $ 23,000 |
HERITAGEBANK OF THE SOUTH 3333 PEACHTREE RD NE SUITE M-10 ATLANTA, GA 30326 |
* | $ 1,376,686,000 | 1 | $ 149,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 1 | $ 156,000 |
WINGS FINANCIAL 14985 GLAZIER AVENUE APPLE VALLEY, MN 55124 |
* | $ 3,910,000,000 | 1 | $ 118,000 |
TRADITION CAPITAL BANK 7601 FRANCE AVE S EDINA, MN 55435 |
* | $ 258,577,000 | 1 | $ 85,000 |
INSPIRED FINANCIAL SERVICES, LLC 2708 BICENTENNIAL DR, STE A CEDAR FALLS, IA 50613 |
* | $ 148,146,000 | 1 | $ 122,000 |
LAKE AREA BANK 12790 FIRST AVE N - PO BOX 743 LINDSTROM, MN 55045 |
* | $ 259,270,000 | 1 | $ 152,000 |
SHAREPOINT CREDIT UNION 5300 HYLAND GREENS DR BLOOMINGTON, MN 55437 |
* | $ 182,410,000 | 1 | $ 168,000 |
THE FIRST NATIONAL BANK OF LE CENTER 10 W. MINNESOTA ST LE CENTER, MN 56057 |
* | $ 85,156,000 | 1 | $ 120,000 |
ALERUS FINANCIAL, NATIONAL ASSOCIATION PO BOX 6001 GRAND FORKS, ND 58206 |
* | $ 1,374,757,000 | 1 | $ 120,000 |
AMERICAN SOUTHWEST MORTGAGE CORP. 5900 MOSTELLER DRIVE SUITE 10 OKLAHOMA CITY, OK 73112 |
* | $ 143,000,000 | 1 | $ 94,000 |
CITIZENS STATE BANK OF HAYFIEL 216 1ST AVE NE HAYFIELD, MN 55940 |
* | $ 82,813,000 | 1 | $ 84,000 |
SUMMIT MORTGAGE CORPORATION 13355 10TH AVE N, SUITE 100 PLYMOUTH, MN 55441 |
* | $ 10,000,000 | 1 | $ 38,000 |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 100 PHOENIX DR, STE 300 ANN ARBOR, MI 48108 |
* | $ 10,000,000 | 1 | $ 153,000 |
HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ 3,809,880,000 | 1 | $ 105,000 |
EVOLVE BANK & TRUST 301 SHOPPING WAY BLVD WEST MEMPHIS, AR 72301 |
* | $ 277,561,000 | 1 | $ 122,000 |
SIRVA MORTGAGE, INC. 6200 OAK TREE BLVD STE 300 INDEPENDENCE, OH 44131 |
* | $ 101,315,000 | 1 | $ 337,000 |
GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ 10,000,000 | 1 | $ 100,000 |
AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 1 | $ 176,000 |
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 |
---|---|---|---|---|---|---|
Home Purchase | 659 | $97,859,000 | $148,000 | $2,000,000 | $66,000 | $2,415,000 |
Refinancing | 556 | $73,252,000 | $131,000 | $1,700,000 | $70,000 | $1,644,000 |
Home Improvement | 108 | $3,372,000 | $31,000 | $360,000 | $67,000 | $231,000 |
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 | 1,028 | $137,534,000 | $133,000 | $1,700,000 | $78,000 | $2,415,000 |
Not applicable | 162 | $23,412,000 | $144,000 | $2,000,000 | $5,000 | $124,000 |
Not Provided | 81 | $8,442,000 | $104,000 | $638,000 | $73,000 | $245,000 |
Hispanic | 40 | $3,647,000 | $91,000 | $190,000 | $46,000 | $98,000 |
Asian | 8 | $818,000 | $102,000 | $138,000 | $52,000 | $129,000 |
Black or African American | 4 | $630,000 | $157,000 | $260,000 | $66,000 | $93,000 |
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) | 831 | $110,046,000 | $132,000 | $2,000,000 | $83,000 | $2,415,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 238 | $30,047,000 | $126,000 | $260,000 | $38,000 | $106,000 |
FHA-insured (Federal Housing Administration) | 173 | $21,534,000 | $124,000 | $219,000 | $45,000 | $240,000 |
VA-guaranteed (Veterans Administration) | 81 | $12,856,000 | $158,000 | $399,000 | $47,000 | $199,000 |
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 | 727 | $96,078,000 | $132,000 | $2,000,000 | $81,000 | $2,415,000 |
Loan Purchased By The Institution | 227 | $31,778,000 | $139,000 | $399,000 | $26,000 | $212,000 |
Application Denied By Financial Institution | 199 | $23,125,000 | $116,000 | $1,700,000 | $58,000 | $208,000 |
Application Withdrawn By Applicant | 109 | $16,583,000 | $152,000 | $638,000 | $77,000 | $580,000 |
Application Approved But Not Accepted | 38 | $4,340,000 | $114,000 | $342,000 | $79,000 | $231,000 |
File Closed For Incompleteness | 23 | $2,579,000 | $112,000 | $193,000 | $60,000 | $169,000 |
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 |
---|---|---|---|---|---|---|
Credit History | 42 | $2,456,000 | $58,000 | $303,000 | $60,000 | $115,000 |
Collateral | 36 | $6,675,000 | $185,000 | $1,700,000 | $69,000 | $208,000 |
Debt-To-Income Ratio | 20 | $2,193,000 | $109,000 | $265,000 | $40,000 | $89,000 |
Credit Application Incomplete | 13 | $1,470,000 | $113,000 | $224,000 | $57,000 | $120,000 |
Other | 13 | $1,379,000 | $106,000 | $180,000 | $45,000 | $118,000 |
Insufficient Cash (Downpayment, Closing Cost) | 10 | $919,000 | $91,000 | $160,000 | $48,000 | $113,000 |
Employment History | 9 | $1,153,000 | $128,000 | $236,000 | $55,000 | $96,000 |
Unverifiable Information | 1 | $73,000 | $73,000 | $73,000 | $96,000 | $96,000 |
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.