Aitkin County, MN Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 962 mortgage applications in Aitkin County, MN totaling $154.7 million, down 2% from 2016. The average application was for $160,000, and applicants reported an average income of $101,000. 55% of applications resulted in an originated loan and 17% were denied. The most active lender was Wells Fargo Bank NA, with 87 applications, followed by Members Cooperative Credit Union and Northview Bank.

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Years 2025  2024  2023  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 962
Total Mortgage Loan Application Amount $154,699,000
Average Mortgage Loan Application Amount $160,000
Highest Mortgage Loan Application Amount $900,000
Average Applicant Income $101,000
Highest Applicant Income $2,277,000

Mortgage Company List for Lending in Aitkin County, MN for 2017

* 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

MINNEAPOLIS, MN 55415
* $ 1,727,235,000,000 87 $ 14,729,000
Members Cooperative Credit Union
4628 MIKE COLALILLO DR
DULUTH, MN 55816
* $ 630,208,000 64 $ 7,345,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ 328,148,000 51 $ 6,813,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 51 $ 8,126,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 11,496,234,000 29 $ 4,424,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 26 $ 4,639,000
Deerwood Bank
21236 ARCHIBALD ROAD
WAITE PARK, MN 56387
* $ 477,650,000 21 $ 3,613,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ -1,000 21 $ 4,760,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,919,185,000 21 $ 1,739,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 19 $ 2,747,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 19 $ 4,354,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 16 $ 3,401,000
Bank
1403 S. ROOSEVELT
WAPELLO, IA 52653
* $ 81,058,000 16 $ 2,534,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 15 $ 2,183,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 15 $ 2,959,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 13 $ 1,894,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 4,181,458,000 13 $ 2,680,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 12 $ 2,055,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,980,496,000 12 $ 2,827,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 11 $ 1,688,000
American National Bank of Minnesota
1920 SOUTH SIXTH STREET
BRAINERD, MN 56401
* $ 242,333,000 11 $ 1,460,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 11 $ 1,217,000
Homeservices Lending LLC
2900 100TH STREET SUITE 109
URBANDALE, IA 50322
* $ -1,000 10 $ 1,375,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 893,890,000 9 $ 693,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,620,732,000 8 $ 1,108,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 8 $ 1,237,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,163,952,000 8 $ 1,160,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 7 $ 900,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 7 $ 1,065,000
Blackridgebank
4040 42ND ST SW, SUITE O
FARGO, ND 58104
* $ 432,500,000 7 $ 1,111,000
The First National Bank of Milaca
190 2ND AVE SW
MILACA, MN 56353
* $ 201,238,000 7 $ 697,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 7 $ 1,317,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 7 $ 1,592,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ -1,000 6 $ 782,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 6 $ 1,355,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,677,490,000,000 6 $ 942,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ -1,000 6 $ 729,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 6 $ 779,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,717,614,000 5 $ 876,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 29,070,880,000 5 $ 1,191,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,095,554,000 5 $ 759,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 5 $ 535,000
Neighborhood National Bank
45 NORTH UNION
MORA, MN 55051
* $ 213,123,000 5 $ 622,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 5 $ 431,000
Marketplace Home Mortgage, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ -1,000 5 $ 825,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 4 $ 786,000
Unity Bank
1180 W 4TH STREET
RUSH CITY, MN 55069
* $ 204,313,000 4 $ 696,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 4 $ 892,000
St Paul Federal Credit Union
1330 CONWAY ST, STE 200
SAINT PAUL, MN 55106
* $ 152,114,000 4 $ 507,000
Midcountry Bank
7825 WASHINGTON AVE. S., STE. 120
BLOOMINGTON, MN 55439
* $ 796,545,000 4 $ 872,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 4 $ 689,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 4 $ 672,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ -1,000 4 $ 855,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 4 $ 379,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 4 $ 397,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,435,339,000 4 $ 489,000
Florida Capital Bank, N.A
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 345,855,000 3 $ 524,000
Woodlands National Bank
122 EAST MAIN STREET P.O. BOX 190
HINCKLEY, MN 55037
* $ 175,003,000 3 $ 342,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 443,000
Topline Financial Credit Union
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ 388,964,000 3 $ 665,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 21,455,203,000 3 $ 318,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 264,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 3 $ 600,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 3 $ 423,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,048,652,000 3 $ 795,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 3 $ 412,000
Perl Mortgage, Inc.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ -1,000 3 $ 528,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 3,073,698,000 3 $ 930,000
North Shore Bank of Commerce
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 266,713,000 3 $ 518,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 3 $ 641,000
Firefly
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 1,131,750,000 3 $ 485,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 2,629,405,000 3 $ 348,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 3 $ 502,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 3 $ 352,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ -1,000 3 $ 459,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 3 $ 567,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,982,691,000 3 $ 438,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 3 $ 404,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,349,581,000,000 3 $ 813,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 514,606,000 3 $ 315,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 2 $ 509,000
Farmers & Merchants State Bank of Pierz
80 MAIN STREET N, P.O. BOX 308
PIERZ, MN 56364
* $ 216,345,000 2 $ 295,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 2 $ 315,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 2 $ 268,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ -1,000 2 $ 346,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 400,000
Chou Team Realty, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ 2,800,000,000 2 $ 236,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 983,012,000 2 $ 217,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 2 $ 290,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ 13,016,049,000 2 $ 520,000
American Bank of the North
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 566,756,000 2 $ 266,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 214,433,035,000 2 $ 408,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 2 $ 395,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 27,829,056,000 2 $ 166,000
Profinium, Inc.
105 LAKE AVE. PO BOX 848
FAIRMONT, MN 56031
* $ 355,858,000 2 $ 1,800,000
Northwoods Credit Union
1702 AVE B
CLOQUET, MN 55720
* $ 90,123,000 2 $ 215,000
Home Federal Savings Bank
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 681,169,000 2 $ 603,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 2 $ 461,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 2 $ 424,000
Kleinbank
301 CHESTNUT ST
CHASKA, MN 55318
* $ 1,916,063,000 2 $ 836,000
South Metro Federal Credit Uni
2573 CREDIT UNION DRIVE
PRIOR LAKE, MN 55372
* $ 111,914,000 2 $ 320,000
St. Cloud Financial Credit Union
3030 1ST ST S
SAINT CLOUD, MN 56301
* $ 155,158,000 2 $ 114,000
Lennar Mortgage, LLC
5505 WATERFORD DISTRICT DRIVE SUITE 505
MIAMI, FL 33126
* $ -1,000 2 $ 455,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 193,000
Access National Bank
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 1,430,698,000 1 $ 95,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 123,000
21st Century Bank
17 WASHINGTON AVENUE N
MINNEAPOLIS, MN 55401
* $ 387,326,000 1 $ 281,000
The First National Bank of Moose Lake
400 ELM AVENUE PO BOX 429
MOOSE LAKE, MN 55767
* $ 91,195,000 1 $ 190,000
Lake Elmo Bank
11465 39TH STREET NORTH
LAKE ELMO, MN 55042
* $ 340,955,000 1 $ 68,000
Mpecu
30 W SUPERIOR ST. STE. 126
DULUTH, MN 55802
* $ 95,055,000 1 $ 160,000
Trustone Home Mortgage, LLC
14601 27TH AVE N SUITE 103
PLYMOUTH, MN 55447
* $ -1,000 1 $ 162,000
Minnco Credit Union
235 WEST 1ST AVENUE
CAMBRIDGE, MN 55008
* $ 260,465,000 1 $ 44,000
Arizona Bank & Trust
2036 E CAMELBACK RD
PHOENIX, AZ 85016
* $ 582,266,000 1 $ 56,000
The First National Bank of Elk River
812 MAIN ST.
ELK RIVER, MN 55330
* $ 268,433,000 1 $ 266,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 1 $ 135,000
Smw Financial Credit Union
700 APOLLO DRIVE
LINO LAKES, MN 55014
* $ 77,854,000 1 $ 100,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ 0 1 $ 70,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ -1,000 1 $ 254,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 629,000,000 1 $ 252,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 195,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 835,262,000 1 $ 165,000
Citizens Community Federal N.A.
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 686,414,000 1 $ 46,000
Village Bank
3350 BRIDGE STREET NW
ST FRANCIS, MN 55070
* $ 239,974,000 1 $ 311,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,207,688,000 1 $ 65,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ -1,000 1 $ 168,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 140,000
Goprime Mortgage, Inc.
320 N SALEM STREET
APEX, NC 27502
* $ -1,000 1 $ 216,000
Cornerstone State Bank
401 4TH ST N W
MONTGOMERY, MN 56069
* $ 171,294,000 1 $ 306,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 317,715,000 1 $ 65,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 1 $ 94,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 200,557,635,000 1 $ 10,000
Financial One Credit Union
11465 ROBINSON DRIVE NW
COON RAPIDS, MN 55433
* $ 95,772,000 1 $ 67,000
Cornerstone Bank
2280 45TH STREET SOUTH
FARGO, ND 58104
* $ 820,967,000 1 $ 218,000
National Bank of Commerce
1127 TOWER AVE
SUPERIOR, WI 54880
* $ 585,996,000 1 $ 150,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 106,169,829,000 1 $ 432,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 234,000
Axia Financial LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 1 $ 175,000
Accunet Mortgage LLC
13000 W SILVER SPRING DR.
WAUKESHA, WI 53188
* $ -1,000 1 $ 188,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ -1,000 1 $ 156,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 1 $ 202,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,070,486,000 1 $ 23,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ -1,000 1 $ 108,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 13,265,339,000 1 $ 111,000
First Federal Bank of Kansas City
6900 EXECUTIVE DR
KANSAS CITY, MO 64120
* $ 714,597,000 1 $ 345,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 1 $ 237,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 1 $ 89,000
Mortgage Capital Associates, Inc.
11150 W OYMPIC BLVD. STE. 1160
LOS ANGELES, CA 90064
* $ -1,000 1 $ 188,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 91,146,995,000 1 $ 120,000
Centricity Credit Union
4477 LAVAQUE RD
DULUTH, MN 55811
* $ 137,310,000 1 $ 40,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 6,411,041,000 1 $ 320,000
Minnesota Valley Federal Credit Union
1640 ADAMS ST
MANKATO, MN 56001
* $ 139,200,000 1 $ 125,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 375,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ -1,000 1 $ 150,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 1 $ 200,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ -1,000 1 $ 182,000
Citizens Independent Bank
5000 W 36TH ST
ST LOUIS PARK, MN 55416
* $ 286,490,000 1 $ 258,000
Taylor Morrison Home Funding, Inc.
495 N KELLER RD
MAITLAND, FL 32751
* $ -1,000 1 $ 113,000
Ideal Credit Union
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ 650,123,000 1 $ 110,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 144,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ -1,000 1 $ 216,000

The tables below break down 2017 mortgage applications in Aitkin County, MN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Aitkin County, MN in 2017

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 520 $86,981,000 $167,000 $900,000 $107,000 $2,277,000
Refinancing 354 $59,612,000 $168,000 $545,000 $92,000 $1,639,000
Home Improvement 88 $8,106,000 $92,000 $375,000 $99,000 $1,572,000

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 804 $129,527,000 $161,000 $900,000 $105,000 $2,277,000
Not Provided 76 $11,289,000 $148,000 $432,000 $117,000 $1,572,000
Not applicable 69 $12,138,000 $175,000 $800,000 $21,000 $169,000
Asian 7 $1,227,000 $175,000 $320,000 $193,000 $246,000
Hispanic 3 $196,000 $65,000 $78,000 $39,000 $86,000
Native Hawaiian or Other Pacific Islander 2 $164,000 $82,000 $100,000 $148,000 $281,000
American Indian or Alaskan Native 1 $158,000 $158,000 $158,000 $244,000 $244,000
Black or African American 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) 760 $122,509,000 $161,000 $900,000 $116,000 $2,277,000
FHA-insured (Federal Housing Administration) 90 $11,905,000 $132,000 $400,000 $39,000 $140,000
VA-guaranteed (Veterans Administration) 81 $16,142,000 $199,000 $460,000 $52,000 $143,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 31 $4,143,000 $133,000 $232,000 $32,000 $88,000

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 529 $85,048,000 $160,000 $575,000 $111,000 $1,639,000
Application Denied By Financial Institution 168 $25,215,000 $150,000 $800,000 $83,000 $1,572,000
Loan Purchased By The Institution 117 $20,742,000 $177,000 $424,000 $65,000 $722,000
Application Withdrawn By Applicant 89 $15,717,000 $176,000 $900,000 $127,000 $2,277,000
File Closed For Incompleteness 32 $4,406,000 $137,000 $375,000 $77,000 $248,000
Application Approved But Not Accepted 27 $3,571,000 $132,000 $300,000 $107,000 $268,000
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 41 $5,670,000 $138,000 $372,000 $107,000 $746,000
Debt-To-Income Ratio 30 $4,864,000 $162,000 $353,000 $55,000 $166,000
Credit History 29 $3,700,000 $127,000 $800,000 $126,000 $1,572,000
Other 8 $1,093,000 $136,000 $250,000 $76,000 $166,000
Credit Application Incomplete 5 $508,000 $101,000 $150,000 $63,000 $128,000
Employment History 4 $394,000 $98,000 $146,000 $31,000 $54,000
Insufficient Cash (Downpayment, Closing Cost) 4 $763,000 $190,000 $275,000 $82,000 $135,000
Unverifiable Information 1 $39,000 $39,000 $39,000 $64,000 $64,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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