Benton County, MN Mortgage Lenders & HMDA Data, 2018

In 2018, lenders reported 1,740 mortgage applications in Benton County, MN totaling $268.9 million, up 2% from 2017. The average application was for $154,000, and applicants reported an average income of $81,000. 63% of applications resulted in an originated loan and 12% were denied. The most active lender was US Bank, N.A., with 190 applications, followed by Liberty Bank Minnesota and Wells Fargo Bank NA.

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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 1,740
Total Mortgage Loan Application Amount $268,900,000
Average Mortgage Loan Application Amount $154,000
Highest Mortgage Loan Application Amount $5,005,000
Average Applicant Income $81,000
Highest Applicant Income $1,857,000

Mortgage Company List for Lending in Benton County, MN for 2018

* 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
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 190 $ 31,930,000
Liberty Bank Minnesota
111 7TH AVE S
ST CLOUD, MN 56301
* $ 210,040,000 102 $ 17,740,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 93 $ 12,315,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 11,915,259,000 87 $ 11,315,000
Great River Federal CU
1532 W ST GERMAIN STREET
ST CLOUD, MN 56301
* $ 174,294,000 83 $ 5,775,000
St. Cloud Financial Credit Union
3030 1ST ST S
SAINT CLOUD, MN 56301
* $ 167,457,000 55 $ 6,885,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,063,591,000 43 $ 4,375,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 41 $ 6,155,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 38 $ 7,080,000
Magnifi Financial Credit Union
20 4TH AVE SE
MELROSE, MN 56352
* $ 1,027,921,000 34 $ 10,320,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 33 $ 5,735,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 27 $ 3,835,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 26 $ 4,360,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,308,536,000 26 $ 2,430,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ -1,000 25 $ 3,285,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,730,669,000 25 $ 3,115,000
Bankvista
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 249,182,000 24 $ 3,980,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 23 $ 4,245,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 23 $ 4,595,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 21 $ 3,825,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 4,763,242,000 20 $ 4,060,000
Sentry Bank
400 4TH AVE NE
ST. JOSEPH, MN 56374
* $ 223,031,000 19 $ 3,175,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 19 $ 4,195,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 18 $ 3,670,000
Falcon National Bank
183 CEDAR DRIVE
FOLEY, MN 56329
* $ 265,583,000 18 $ 3,110,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 17 $ 2,945,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 16 $ 1,960,000
Homeservices Lending LLC
2900 100TH STREET SUITE 109
URBANDALE, IA 50322
* $ -1,000 16 $ 2,150,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 15 $ 2,245,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 15 $ 2,795,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 14 $ 2,520,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 14 $ 2,140,000
Results Mortgage, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 12 $ 1,600,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 12 $ 1,770,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 12 $ 2,100,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 11 $ 1,875,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 23,020,511,000 11 $ 2,145,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 11 $ 1,995,000
Sherburne State Bank
12500 SHERBURNE AVE
PO BOX 428, MN 55308
* $ 107,948,000 10 $ 1,900,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 10 $ 1,640,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 10 $ 2,280,000
Farmers & Merchants State Bank of Pierz
80 MAIN STREET N, P.O. BOX 308
PIERZ, MN 56364
* $ 223,787,000 10 $ 900,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 979,607,000 10 $ 960,000
Deerwood Bank
21236 ARCHIBALD ROAD
WAITE PARK, MN 56387
* $ 504,544,000 10 $ 1,380,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 9 $ 435,000
American National Bank of Minnesota
1920 SOUTH SIXTH STREET
BRAINERD, MN 56401
* $ 264,582,000 9 $ 1,265,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 201,637,519,000 9 $ 1,495,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 9 $ 1,645,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 8 $ 1,040,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 8 $ 1,390,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 8 $ 1,160,000
Lennar Mortgage, LLC
5505 WATERFORD DISTRICT DRIVE SUITE 505
MIAMI, FL 33126
* $ -1,000 8 $ 1,820,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 8 $ 1,250,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 8 $ 430,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 7 $ 995,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 7 $ 1,115,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 7 $ 1,205,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 6 $ 1,050,000
Lake Area Bank
12790 FIRST AVE N - PO BOX 743
LINDSTROM, MN 55045
* $ 332,392,000 6 $ 630,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,104,663,000 6 $ 450,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 6 $ 870,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 6 $ 980,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 5 $ 625,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 5 $ 475,000
Perl Mortgage, Inc.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ -1,000 5 $ 805,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 4,724,296,000 5 $ 825,000
The First National Bank of Milaca
190 2ND AVE SW
MILACA, MN 56353
* $ 208,717,000 5 $ 685,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 5 $ 1,205,000
Mortgages Unlimited Inc.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 5 $ 825,000
American Heritage National Bank
24 2ND ST S
LONG PRAIRIE, MN 56347
* $ 360,841,000 5 $ 1,135,000
Granite Bank
202 2ND AVENUE SOUTH, P.O. BOX 416
COLD SPRING, MN 56320
* $ 115,187,000 4 $ 1,090,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 4 $ 1,010,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ -1,000 4 $ 340,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 4 $ 730,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 4 $ 630,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ -1,000 4 $ 720,000
Clearpointe Capital, LLC
N86W14041 BEACON STREET
MENOMONEE FALLS, WI 53051
* $ -1,000 4 $ 100,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ -1,000 4 $ 650,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 4 $ 420,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 4 $ 620,000
Midcountry Bank
7825 WASHINGTON AVE. S., STE. 120
BLOOMINGTON, MN 55439
* $ 819,888,000 3 $ 225,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,656,476,000 3 $ 495,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 3 $ 505,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 650,256,000 3 $ 395,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 3 $ 475,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 3 $ 575,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 22,858,876,000 3 $ 95,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ -1,000 2 $ 220,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 1,086,583,000 2 $ 40,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 2 $ 310,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 2 $ 300,000
Pine Country Bank
1201 1ST AVENUE NE
LITTLE FALLS, MN 56345
* $ 174,337,000 2 $ 150,000
Chou Team Realty, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ -1,000 2 $ 350,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 2 $ 190,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 363,702,000 2 $ 580,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,134,927,000 2 $ 150,000
Loan Simple, Inc.
9635 MAROON CIRCLE SUITE 100
ENGLEWOOD, CO 80112
* $ -1,000 2 $ 210,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 2,764,317,000 2 $ 530,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 34,298,273,000 2 $ 220,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 240,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 270,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ -1,000 2 $ 280,000
Altra Federal Credit Union
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,386,493,000 2 $ 460,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 2 $ 220,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 250,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 460,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ -1,000 2 $ 370,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 155,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 105,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 215,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ -1,000 1 $ 185,000
Reverse Mortgage Funding LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 1 $ 135,000
Harvest Bank
PO BOX 70
KIMBALL, MN 55353
* $ 140,715,000 1 $ 155,000
Farmers & Merchants Savings Bank
PO BOX 588 101 E MAIN ST
MANCHESTER, IA 52057
* $ 538,820,000 1 $ 245,000
Minnesota Valley Federal Credit Union
1640 ADAMS ST
MANKATO, MN 56001
* $ 155,841,000 1 $ 175,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 255,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 1 $ 165,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ 2,211,061,000 1 $ 75,000
Superior Choice Credit Union
1320 GRAND AVENUE
SUPERIOR, WI 54880
* $ 413,653,000 1 $ 95,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 955,028,000 1 $ 145,000
Kleinbank
301 CHESTNUT ST
CHASKA, MN 55318
* $ 2,006,441,000 1 $ 315,000
Riverwood Bank
14540 DELLWOOD DR PO BOX 2947
BAXTER, MN 56425
* $ 388,850,000 1 $ 295,000
Live Well Financial, Inc.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ -1,000 1 $ 85,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 1 $ 205,000
Premier Mortgage Resources, LLC
3363 E PRESIDENTIAL DR STE 200
MERIDIAN, ID 83646
* $ -1,000 1 $ 65,000
Unity Bank
1180 W 4TH STREET
RUSH CITY, MN 55069
* $ 216,664,000 1 $ 105,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 89,765,667,000 1 $ 205,000
Co-Op Credit Union
100 E MAIN ST
BLACK RIVER FALLS, WI 54615
* $ 320,913,000 1 $ 175,000
The First National Bank of Elk River
812 MAIN ST.
ELK RIVER, MN 55330
* $ 276,197,000 1 $ 135,000
Midwest Bank
613 HWY 10 E PO BOX 703
DETROIT LAKES, MN 56501
* $ 407,700,000 1 $ 105,000
Center National Bank
301 N. RAMSEY AVE.
LITCHFIELD, MN 55355
* $ 198,651,000 1 $ 205,000
Sharepoint Credit Union
5300 HYLAND GREENS DR
BLOOMINGTON, MN 55437
* $ 200,149,000 1 $ 35,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 1 $ 235,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 235,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 55,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 135,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 1 $ 135,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 191,384,000 1 $ 235,000
Arvest Bank

TULSA, OK 74103
* $ 16,758,528,000 1 $ 265,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ -1,000 1 $ 175,000
American Nationwide Mortgage Company, Inc.
3820 NORTHDALE BLVD STE 111A
TAMPA, FL 33624
* $ -1,000 1 $ 165,000
Arbor Realty Trust, Inc.
333 EARLE OVINGTON BLVD., SUITE 900
UNIONDALE, NY 11553
* $ -1,000 1 $ 785,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 295,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 1 $ 165,000
Hancock Mortgage Partners, LLC
ONE SUGAR CREEK CENTER BLVD SUITE 1000
SUGAR LAND, TX 77478
* $ -1,000 1 $ 195,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 195,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ -1,000 1 $ 215,000
Homestead Funding Corp.
8 AIRLINE DRIVE
ALBANY, NY 12205
* $ -1,000 1 $ 215,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 30,422,051,000 1 $ 25,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 1 $ 335,000
James B. Nutter & Company
4153 BROADWAY
KANSAS CITY, MO 64111
* $ -1,000 1 $ 115,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 25,054,739,000 1 $ 295,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 1 $ 375,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ 321,974,000 1 $ 185,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,384,707,000,000 1 $ 165,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 175,000
Fay Servicing LLC

TAMPA, FL 33609
* $ -1,000 1 $ 115,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 526,546,000 1 $ 85,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 35,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 115,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 8,908,994,000 1 $ 205,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 75,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 827,634,000 1 $ 105,000
Minnwest Bank
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 1,725,679,000 1 $ 205,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 175,000

The tables below break down 2018 mortgage applications in Benton 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 Benton County, MN in 2018

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 972 $176,070,000 $181,000 $5,005,000 $75,000 $443,000
Cash-out Refinancing 288 $39,720,000 $137,000 $395,000 $74,000 $305,000
Refinancing 271 $40,195,000 $148,000 $755,000 $90,000 $825,000
Other Purpose 117 $6,615,000 $56,000 $405,000 $105,000 $1,857,000
Home Improvement 72 $4,120,000 $57,000 $235,000 $103,000 $415,000
Not Applicable 20 $2,180,000 $109,000 $305,000 $78,000 $94,000

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 1,370 $199,950,000 $145,000 $755,000 $79,000 $825,000
Not applicable 199 $45,055,000 $226,000 $5,005,000 $64,000 $148,000
Not Provided 113 $14,425,000 $127,000 $405,000 $109,000 $1,857,000
Hispanic 19 $3,015,000 $158,000 $355,000 $81,000 $362,000
Asian 16 $2,450,000 $153,000 $225,000 $80,000 $180,000
Black or African American 16 $2,720,000 $170,000 $345,000 $54,000 $126,000
American Indian or Alaskan Native 6 $1,120,000 $186,000 $335,000 $84,000 $170,000
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) 1,282 $189,470,000 $147,000 $5,005,000 $85,000 $1,857,000
FHA-insured (Federal Housing Administration) 280 $45,360,000 $162,000 $295,000 $62,000 $155,000
VA-guaranteed (Veterans Administration) 129 $25,935,000 $201,000 $455,000 $74,000 $181,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 49 $8,135,000 $166,000 $255,000 $59,000 $92,000

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 1,091 $175,185,000 $160,000 $5,005,000 $82,000 $825,000
Loan Purchased By The Institution 225 $38,875,000 $172,000 $375,000 $85,000 $216,000
Application Denied By Financial Institution 202 $22,130,000 $109,000 $355,000 $68,000 $220,000
Application Withdrawn By Applicant 152 $22,180,000 $145,000 $455,000 $71,000 $408,000
Application Approved But Not Accepted 41 $6,495,000 $158,000 $405,000 $115,000 $1,857,000
File Closed For Incompleteness 29 $4,035,000 $139,000 $345,000 $90,000 $229,000
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
Not applicable 1,464 $234,600,000 $160,000 $5,005,000 $82,000 $1,857,000
Debt-To-Income Ratio 124 $17,320,000 $139,000 $585,000 $73,000 $415,000
Credit History 74 $6,850,000 $92,000 $255,000 $74,000 $220,000
Collateral 35 $4,435,000 $126,000 $355,000 $79,000 $202,000
Other 19 $2,465,000 $129,000 $275,000 $70,000 $120,000
Credit Application Incomplete 14 $1,970,000 $140,000 $305,000 $72,000 $155,000
Unverifiable Information 6 $690,000 $115,000 $235,000 $90,000 $122,000
Insufficient Cash (Downpayment, Closing Cost) 3 $435,000 $145,000 $165,000 $42,000 $56,000
Employment History 1 $135,000 $135,000 $135,000 $55,000 $55,000
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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