Find mortgage statistics and lending data for the Wadena 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 Wadena 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 | 563 |
Total Mortgage Loan Application Amount | $88,275,000 |
Average Mortgage Loan Application Amount | $156,000 |
Highest Mortgage Loan Application Amount | $3,855,000 |
Average Applicant Income | $74,000 |
Highest Applicant Income | $525,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ -1,000 | 38 | $ 5,130,000 |
MAGNIFI FINANCIAL CREDIT UNION 1140 ELM STREET SAINT JOSEPH, MN 56374 |
* | $ 1,201,922,000 | 31 | $ 3,915,000 |
SERVION, INC. 500 MAIN STREET NEW BRIGHTON, MN 55112 |
* | $ -1,000 | 26 | $ 3,730,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 25 | $ 3,715,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 456,025,829,000 | 25 | $ 3,285,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 25 | $ 4,045,000 |
PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 20 | $ 3,300,000 |
MERCHANTS BANK, NATIONAL ASSOCIATION 102 EAST THIRD STREET WINONA, MN 55987 |
* | $ 1,864,126,000 | 19 | $ 2,945,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 16 | $ 2,920,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,747,398,000,000 | 15 | $ 2,515,000 |
FIRST INTERNATIONAL BANK & TRUST 1600 S BDWAY MINOT, ND 58701 |
* | $ 3,466,051,000 | 13 | $ 2,355,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 16,855,693,000 | 9 | $ 1,695,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 9 | $ 1,845,000 |
BELL BANK 3100 13TH AVE S FARGO, ND 58103 |
* | $ 6,492,180,000 | 9 | $ 1,085,000 |
FIRST WESTERN BANK & TRUST 900 SOUTH BROADWAY MINOT, ND 58701 |
* | $ 1,089,559,000 | 9 | $ 1,475,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 8 | $ 1,690,000 |
DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 98,729,134,000 | 8 | $ 630,000 |
AFFINITY PLUS 175 WEST LAFAYETTE FRONTAGE ROAD SAINT PAUL, MN 55107 |
* | $ 2,399,512,000 | 7 | $ 475,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 6 | $ 650,000 |
NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ -1,000 | 6 | $ 1,010,000 |
BREMER BANK, NATIONAL ASSOCIATION 372 ST. PETER STREET ST. PAUL, MN 55102 |
* | $ 13,105,582,000 | 6 | $ 980,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 6 | $ 880,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 6 | $ 980,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ -1,000 | 5 | $ 755,000 |
NORTHVIEW BANK 510 MAIN SANDSTONE, MN 55072 |
* | $ 327,028,000 | 5 | $ 485,000 |
PROSPERITY HOME MORTGAGE, LLC 14501 GEORGE CARTER WAY SUITE 300 CHANTILLY, VA 20151 |
* | $ -1,000 | 5 | $ 785,000 |
LEND SMART MORTGAGE, LLC 3450 LEXINGTON AVE N SHOREVIEW, MN 55126 |
* | $ -1,000 | 4 | $ 380,000 |
PRIMARY RESIDENTIAL MORTGAGE, INC. 1480 N 2200 W SALT LAKE CITY, UT 84116 |
* | $ -1,000 | 4 | $ 510,000 |
PLAINS COMMERCE BANK 220 MAIN ST HOVEN, SD 57450 |
* | $ 707,275,000 | 4 | $ 780,000 |
AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 4 | $ 900,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ -1,000 | 4 | $ 710,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,140,778,000,000 | 4 | $ 490,000 |
DEERWOOD BANK 21236 ARCHIBALD ROAD DEERWOOD, MN 56444 |
* | $ 719,021,000 | 4 | $ 660,000 |
COMPEER FINANCIAL, FLCA 2600 JENNY WREN TRAIL SUN PRAIRIE, WI 53590 |
* | $ -1,000 | 3 | $ 375,000 |
RESULTS MORTGAGE, LLC 11200 WEST 78TH STREET, SUITE 50 EDEN PRAIRIE, MN 55344 |
* | $ -1,000 | 3 | $ 315,000 |
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC. 1265 CORONA POINTE CT SUITE 301 CORONA, CA 92879 |
* | $ -1,000 | 3 | $ 695,000 |
FRANDSEN BANK & TRUST 116 CENTRAL STREET WEST LONSDALE, MN 55046 |
* | $ 1,708,246,000 | 3 | $ 305,000 |
STEARNS LENDING, LLC 4 HUTTON CENTRE, 10TH FLOOR SANTA ANA, CA 92707 |
* | $ -1,000 | 3 | $ 435,000 |
GATE CITY BANK 500 2ND AVE N FARGO, ND 58102 |
* | $ 2,380,296,000 | 3 | $ 375,000 |
CRESCENT MORTGAGE COMPANY 6600 PEACHTREE DUNWOODY ROAD SUITE 650 ATLANTA, GA 30328 |
* | $ -1,000 | 3 | $ 345,000 |
BAY EQUITY LLC 28 LIBERTY SHIPWAY SUITE 2800 SAUSALITO, CA 94965 |
* | $ -1,000 | 3 | $ 345,000 |
BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 3 | $ 555,000 |
AMERICAN NATIONAL BANK OF MINNESOTA 1920 SOUTH SIXTH STREET BRAINERD, MN 56401 |
* | $ 306,098,000 | 3 | $ 475,000 |
ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 3 | $ 285,000 |
TRUSTONE FINANCIAL FEDERAL CREDIT UNION 14601 27TH AVENUE NORTH PLYMOUTH, MN 55447 |
* | $ 1,553,647,000 | 3 | $ 355,000 |
AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ -1,000 | 3 | $ 315,000 |
WINGS FINANCIAL 14985 GLAZIER AVENUE APPLE VALLEY, MN 55124 |
* | $ 5,633,125,000 | 3 | $ 395,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ -1,000 | 3 | $ 355,000 |
MOVEMENT MORTGAGE, LLC 8024 CALVIN HALL ROAD INDIAN LAND, SC 29707 |
* | $ -1,000 | 2 | $ 360,000 |
AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ -1,000 | 2 | $ 360,000 |
HIWAY 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 1,237,913,000 | 2 | $ 310,000 |
VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ -1,000 | 2 | $ 260,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 90,565,764,000 | 2 | $ 230,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 2 | $ 320,000 |
AMERICAN PACIFIC MORTGAGE CORPORATION 3000 LAVA RIDGE COURT, SUITE 200 ROSEVILLE, CA 95661 |
* | $ -1,000 | 2 | $ 440,000 |
WYNDHAM CAPITAL MORTGAGE, INC. 6115 PARK SOUTH DRIVE, STE 200 CHARLOTTE, NC 28210 |
* | $ -1,000 | 2 | $ 240,000 |
NATIONS DIRECT MORTGAGE, LLC 5 HUTTON CENTRE DRIVE, SUITE 200 SANTA ANA, CA 92707 |
* | $ -1,000 | 2 | $ 320,000 |
RAILWAY CREDIT UNION 1006 E MAIN STREET MANDAN, ND 58554 |
* | $ 122,122,000 | 2 | $ 190,000 |
CAPITAL CREDIT UNION PO BOX 2096 BISMARCK, ND 58502 |
* | $ 540,918,000 | 2 | $ 440,000 |
CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 121,995,997,000 | 2 | $ 230,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ -1,000 | 2 | $ 330,000 |
FIRST COMMUNITY CREDIT UNION 111 9TH ST SW JAMESTOWN, ND 58401 |
* | $ 850,203,000 | 2 | $ 420,000 |
AGCOUNTRY FARM CREDIT SERVICES, FLCA 1900 44TH ST S - PO BOX 6020 FARGO, ND 58108 |
* | $ -1,000 | 2 | $ 340,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ -1,000 | 2 | $ 370,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 22,986,309,000 | 2 | $ 130,000 |
TRADITION MORTGAGE, LLC 16995 BRANDTJEN FARM DRIVE SUTE 300 LAKEVILLE, MN 55044 |
* | $ -1,000 | 2 | $ 280,000 |
SOUTHPOINT FINANCIAL 924 MAIN STREET E SLEEPY EYE, MN 56085 |
* | $ 369,032,000 | 2 | $ 360,000 |
HERITAGE BANK NATIONAL ASSOCIATION 100 SOUTH STREET W SPICER, MN 56288 |
* | $ 403,053,000 | 2 | $ 390,000 |
LUMINATE HOME LOANS 7760 FRANCE AVE S, STE 1010 BLOOMINGTON, MN 55435 |
* | $ -1,000 | 2 | $ 380,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 216,077,000,000 | 2 | $ 170,000 |
MORTGAGES UNLIMITED INC. 7365 KIRKWOOD COURT NORTH SUITE 300 MAPLE GROVE, MN 55113 |
* | $ -1,000 | 2 | $ 190,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 80,522,766,000 | 2 | $ 380,000 |
GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ -1,000 | 2 | $ 210,000 |
OLD NATIONAL BANK ONE MAIN STREET EVANSVILLE, IN 47708 |
* | $ 20,311,535,000 | 1 | $ 145,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ -1,000 | 1 | $ 165,000 |
IXONIA BANK W1046 MARIETTA AVE IXONIA, WI 53036 |
* | $ 389,451,000 | 1 | $ 105,000 |
INTERCONTINENTAL CAPITAL GROUP, INC 50 JERICHO QUADRANGLE, SUITE 210 JERICHO, NY 11753 |
* | $ -1,000 | 1 | $ 295,000 |
THE FEDERAL SAVINGS BANK 300 N ELIZABETH STREET, STE 3E CHICAGO, IL 60607 |
* | $ 604,528,000 | 1 | $ 235,000 |
MINNCO CREDIT UNION 235 WEST 1ST AVENUE CAMBRIDGE, MN 55008 |
* | $ 326,040,000 | 1 | $ 335,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ -1,000 | 1 | $ 125,000 |
EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 DALLAS, TX 75254 |
* | $ -1,000 | 1 | $ 255,000 |
FIFTH THIRD BANK, NATIONAL ASSOCIATION 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 140,077,697,000 | 1 | $ 235,000 |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 700 EAST GATE DRIVE, SUITE 400 MT. LAUREL, NJ 08054 |
* | $ -1,000 | 1 | $ 235,000 |
MANUFACTURERS AND TRADERS TRUST COMPANY 701 SENECA STREET - SUITE 330N BUFFALO, NY 14210 |
* | $ 119,432,105,000 | 1 | $ 145,000 |
MIDWEST BANK 613 HWY 10 E PO BOX 703 DETROIT LAKES, MN 56501 |
* | $ 527,460,000 | 1 | $ 305,000 |
REVERSE MORTGAGE FUNDING LLC 1455 BROAD ST., 2ND FL BLOOMFIELD, NJ 07003 |
* | $ -1,000 | 1 | $ 95,000 |
ARK-LA-TEX FINANCIAL SERVICES, LLC. 5160 TENNYSON PKWY STE 1000 PLANO, TX 75024 |
* | $ -1,000 | 1 | $ 115,000 |
PLANET HOME LENDING, LLC 321 RESEARCH PARKWAY STE 300 MERIDEN, CT 06540 |
* | $ -1,000 | 1 | $ 115,000 |
MILEND, INC. 375 NORTHRIDGE RD, SUITE 600 ATLANTA, GA 30350 |
* | $ -1,000 | 1 | $ 235,000 |
CHOICE FINANCIAL GROUP 4501 23RD AVE S FARGO, ND 58104 |
* | $ 2,379,086,000 | 1 | $ 205,000 |
SPIRIT OF ALASKA 1417 GILLAM WAY FAIRBANKS, AK 99701 |
* | $ 159,141,000 | 1 | $ 65,000 |
LAKE AREA BANK 12790 FIRST AVE N - PO BOX 743 LINDSTROM, MN 55045 |
* | $ 359,274,000 | 1 | $ 175,000 |
MUTUAL OF OMAHA MORTGAGE, INC 3131 CAMINO DEL RIO N 190 SAN DIEGO, CA 92108 |
* | $ -1,000 | 1 | $ 175,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 370,002,264,000 | 1 | $ 25,000 |
MANN FINANCIAL INC. 1220 WHITEFISH STAGE ROAD KALISPELL, MT 59901 |
* | $ -1,000 | 1 | $ 205,000 |
NORTH SHORE BANK OF COMMERCE 131 WEST SUPERIOR STREET DULUTH, MN 55802 |
* | $ 286,645,000 | 1 | $ 65,000 |
GENISYS 2100 EXECUTIVE HILLS BLVD AUBURN HILLS, MI 48326 |
* | $ 2,847,190,000 | 1 | $ 165,000 |
FIRST COMMUNITY MORTGAGE, INC. 275 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ -1,000 | 1 | $ 115,000 |
LOWER, LLC 5950 SYMPHONY WOODS DRIVE COLUMBIA, MD 21044 |
* | $ -1,000 | 1 | $ 545,000 |
WATERMARK CAPITAL, INC. 100 SPECTRUM CENTER DR STE 150 IRVINE, CA 92618 |
* | $ -1,000 | 1 | $ 125,000 |
THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 104,052,030,000 | 1 | $ 85,000 |
NORTH AMERICAN SAVINGS BANK, F.S.B. 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 2,503,779,000 | 1 | $ 185,000 |
BANK OF ENGLAND PO BOX 70 ENGLAND, AR 72046 |
* | $ 464,504,000 | 1 | $ 255,000 |
AMERICAN HERITAGE NATIONAL BANK 24 2ND ST S LONG PRAIRIE, MN 56347 |
* | $ 378,582,000 | 1 | $ 3,855,000 |
GSF MORTGAGE CORPORATION 15430 W CAPITOL DRIVE BROOKFIELD, WI 53005 |
* | $ -1,000 | 1 | $ 105,000 |
BANK FIVE NINE 155 W. WISCONSIN AVENUE OCONOMOWOC, WI 53066 |
* | $ 1,201,814,000 | 1 | $ 235,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ -1,000 | 1 | $ 95,000 |
RIVERWOOD BANK 14540 DELLWOOD DR PO BOX 2947 BAXTER, MN 56425 |
* | $ 445,320,000 | 1 | $ 125,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ -1,000 | 1 | $ 115,000 |
AXIA FINANCIAL, LLC 1120 112TH AVE NE STE 600 BELLEVUE, WA 98004 |
* | $ -1,000 | 1 | $ 405,000 |
NETWORK CAPITAL FUNDING CORPORATION 5 PARK PLAZA #800 IRVINE, CA 92614 |
* | $ -1,000 | 1 | $ 175,000 |
RUOFF MORTGAGE COMPANY, INC. 1700 MAGNAVOX WAY SUITE 220 FORT WAYNE, IN 46804 |
* | $ -1,000 | 1 | $ 85,000 |
NORTHWOODS 1702 AVE B CLOQUET, MN 55720 |
* | $ 120,166,000 | 1 | $ 105,000 |
LENDINGONE, LLC 901 YAMATO RD #150 BOCA RATON, FL 33431 |
* | $ -1,000 | 1 | $ 25,000 |
SHAREPOINT CREDIT UNION 5300 HYLAND GREENS DR BLOOMINGTON, MN 55437 |
* | $ 240,631,000 | 1 | $ 85,000 |
ALTRA 1700 OAK FOREST DRIVE ONALASKA, WI 54650 |
* | $ 1,668,081,000 | 1 | $ 225,000 |
TOTAL MORTGAGE SERVICES, LLC 185 PLAINS ROAD MILFORD, CT 06461 |
* | $ -1,000 | 1 | $ 145,000 |
T2 FINANCIAL LLC 480 OLDE WORTHINGTON RD SUITE 300 WESTERVILLE, OH 43082 |
* | $ -1,000 | 1 | $ 105,000 |
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 | 258 | $40,800,000 | $158,000 | $545,000 | $76,000 | $525,000 |
Refinancing | 141 | $20,485,000 | $145,000 | $335,000 | $73,000 | $257,000 |
Cash-out Refinancing | 140 | $21,510,000 | $153,000 | $415,000 | $71,000 | $259,000 |
Other Purpose | 12 | $840,000 | $70,000 | $165,000 | $75,000 | $133,000 |
Home Improvement | 9 | $4,495,000 | $499,000 | $3,855,000 | $70,000 | $121,000 |
Not Applicable | 3 | $145,000 | $48,000 | $85,000 | $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 | 445 | $65,715,000 | $147,000 | $545,000 | $72,000 | $525,000 |
Not applicable | 53 | $11,715,000 | $221,000 | $3,855,000 | $48,000 | $48,000 |
Not Provided | 47 | $7,625,000 | $162,000 | $345,000 | $87,000 | $425,000 |
Hispanic | 8 | $1,310,000 | $163,000 | $465,000 | $86,000 | $260,000 |
American Indian or Alaskan Native | 3 | $435,000 | $145,000 | $305,000 | $57,000 | $83,000 |
Black or African American | 3 | $795,000 | $265,000 | $275,000 | $202,000 | $240,000 |
Native Hawaiian or Other Pacific Islander | 2 | $370,000 | $185,000 | $185,000 | $64,000 | $65,000 |
Asian | 1 | $205,000 | $205,000 | $205,000 | $44,000 | $44,000 |
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) | 375 | $59,285,000 | $158,000 | $3,855,000 | $81,000 | $525,000 |
FHA-insured (Federal Housing Administration) | 73 | $9,895,000 | $135,000 | $365,000 | $54,000 | $168,000 |
VA-guaranteed (Veterans Administration) | 73 | $13,635,000 | $186,000 | $365,000 | $59,000 | $126,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 42 | $5,460,000 | $130,000 | $255,000 | $46,000 | $95,000 |
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 | $57,165,000 | $163,000 | $3,855,000 | $78,000 | $525,000 |
Application Denied By Financial Institution | 69 | $8,725,000 | $126,000 | $415,000 | $59,000 | $230,000 |
Application Withdrawn By Applicant | 59 | $8,965,000 | $151,000 | $405,000 | $75,000 | $393,000 |
Loan Purchased By The Institution | 49 | $7,555,000 | $154,000 | $545,000 | $69,000 | $114,000 |
File Closed For Incompleteness | 25 | $4,105,000 | $164,000 | $305,000 | $68,000 | $163,000 |
Application Approved But Not Accepted | 10 | $1,420,000 | $142,000 | $205,000 | $70,000 | $101,000 |
Preapproval Approved but not Accepted | 2 | $340,000 | $170,000 | $175,000 | $64,000 | $73,000 |
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 | 488 | $78,630,000 | $161,000 | $3,855,000 | $76,000 | $525,000 |
Debt-To-Income Ratio | 21 | $3,405,000 | $162,000 | $415,000 | $59,000 | $137,000 |
Collateral | 16 | $1,420,000 | $88,000 | $155,000 | $64,000 | $133,000 |
Credit History | 13 | $1,655,000 | $127,000 | $335,000 | $51,000 | $90,000 |
Credit Application Incomplete | 8 | $1,080,000 | $135,000 | $185,000 | $44,000 | $63,000 |
Other | 7 | $985,000 | $140,000 | $275,000 | $79,000 | $230,000 |
Unverifiable Information | 6 | $600,000 | $100,000 | $175,000 | $72,000 | $96,000 |
Employment History | 2 | $260,000 | $130,000 | $215,000 | $71,000 | $95,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $240,000 | $120,000 | $165,000 | $59,000 | $59,000 |
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.