Brown County, MN Mortgage Lenders & HMDA Data, 2020

In 2020, lenders reported 1,578 mortgage applications in Brown County, MN totaling $228.0 million, up 60% from 2019. The average application was for $144,000, and applicants reported an average income of $77,000. 62% of applications resulted in an originated loan and 8% were denied. The most active lender was Southpoint Financial Credit Union, with 518 applications, followed by Alliance Bank and Citizens Bank Minnesota.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

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 1,578
Total Mortgage Loan Application Amount $227,980,000
Average Mortgage Loan Application Amount $144,000
Highest Mortgage Loan Application Amount $4,245,000
Average Applicant Income $77,000
Highest Applicant Income $915,000

Mortgage Company List for Lending in Brown County, MN for 2020

* 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
Southpoint Financial Credit Union
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ 369,032,000 518 $ 66,820,000
Alliance Bank
105 EAST LYON AVE
LAKE CITY, MN 55041
* $ 639,882,000 139 $ 20,875,000
Citizens Bank Minnesota
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 432,148,000 136 $ 19,500,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,708,246,000 104 $ 15,680,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,712,919,000,000 86 $ 11,500,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 707,275,000 65 $ 8,565,000
Bank Midwest
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 948,772,000 50 $ 7,330,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 49 $ 6,045,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 37 $ 5,925,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 29 $ 5,105,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 25 $ 5,435,000
Hometown Bank
1600 MONROE DRIVE
CARVER, MN 55315
* $ 353,740,000 22 $ 2,620,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 13,105,582,000 10 $ 1,330,000
Minnesota Valley Federal Credit Union
1640 ADAMS ST
MANKATO, MN 56001
* $ 182,880,000 10 $ 1,480,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 112,384,202,000 9 $ 555,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 9 $ 1,215,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,399,512,000 8 $ 740,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 8 $ 1,310,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 8 $ 1,240,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 8 $ 850,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 7 $ 935,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 7 $ 1,265,000
Flagstar Bank NA

TROY, MI 49098
* $ 23,234,514,000 6 $ 1,080,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 6 $ 860,000
Citizens Community Federal N.A.
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 1,531,129,000 6 $ 650,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 6 $ 1,180,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 5 $ 705,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 5 $ 645,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 5 $ 1,035,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 5 $ 1,265,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,237,913,000 5 $ 505,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 5 $ 1,715,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 5 $ 625,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 5 $ 295,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 4 $ 460,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 4 $ 720,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 4 $ 640,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 4 $ 580,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 4 $ 510,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 4 $ 770,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 4 $ 530,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 4 $ 860,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 4 $ 260,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 6,492,180,000 3 $ 495,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ -1,000 3 $ 405,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,633,125,000 3 $ 565,000
Community Bank Mankato
300 ST ANDREWS DR
VERNON CENTER, MN 56090
* $ 333,412,000 3 $ 195,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 775,000
Heritage Bank NA
100 SOUTH STREET W
SPICER, MN 56288
* $ 403,053,000 3 $ 255,000
Bankvista
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 347,062,000 2 $ 220,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 2 $ 150,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ 14,144,676,000 2 $ 610,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,498,327,000 2 $ 350,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 2 $ 340,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 2 $ 80,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 2 $ 300,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 46,627,366,000 2 $ 190,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,864,126,000 2 $ 230,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 2 $ 370,000
Roundbank
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 325,074,000 2 $ 360,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,424,675,000 2 $ 40,000
Choice Financial Group
4501 23RD AVE S
FARGO, ND 58104
* $ 2,379,086,000 2 $ 540,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 330,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 2 $ 550,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 2 $ 430,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 2 $ 290,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 2 $ 220,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 390,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 20,311,535,000 2 $ 280,000
First Centennial Mortgage Corporation
2471 W SULLIVAN ROAD
CHICAGO, IL 60506
* $ -1,000 1 $ 145,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 285,828,000 1 $ 125,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ -1,000 1 $ 215,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ 2,380,296,000 1 $ 135,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 145,000
Waterstone Bank SSB
11200 WEST PLANK COURT
WAUWATOSA, WI 53226
* $ 1,993,170,000 1 $ 755,000
Cortrust Mortgage, Inc.
2101 S MINNESOTA AVENUE
SIOUX FALLS, SD 57105
* $ -1,000 1 $ 115,000
Mortgages Unlimited Inc.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 1 $ 165,000
Hometown Lenders, Inc.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 1 $ 65,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 45,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ -1,000 1 $ 295,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ -1,000 1 $ 85,000
Agcountry Farm Credit Services, Flca
1900 44TH ST S - PO BOX 6020
FARGO, ND 58108
* $ -1,000 1 $ 355,000
First State Bank and Trust
950 N HWY
BAYPORT, MN 55003
* $ 279,448,000 1 $ 335,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 1 $ 135,000
First Bank & Trust
520 6TH STREET
BROOKINGS, SD 57006
* $ 2,069,570,000 1 $ 305,000
Bank First N.A.
402 N 8TH ST
MANITOWOC, WI 54220
* $ 2,206,443,000 1 $ 4,245,000
Northwest Bank
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,688,814,000 1 $ 225,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ 841,254,000 1 $ 15,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 115,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 92,968,547,000 1 $ 155,000
Minnwest Bank
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 2,068,880,000 1 $ 15,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ -1,000 1 $ 285,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 1 $ 65,000
Black Hills Federal Credit Union
PO BOX 1420-225 MAIN ST
RAPID CITY, SD 57702
* $ 1,418,352,000 1 $ 105,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 125,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ -1,000 1 $ 195,000
American Bank of the North
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 529,062,000 1 $ 115,000
Ideal Credit Union
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ 763,132,000 1 $ 185,000
Novation Credit Union
500 IMPERIAL AVE
OAKDALE, MN 55128
* $ 162,519,000 1 $ 85,000
Pioneer Bank
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ 658,193,000 1 $ 105,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 1 $ 155,000
Firefly
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 1,379,124,000 1 $ 95,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 125,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 1 $ 215,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 1 $ 65,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 135,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ 1,371,963,000 1 $ 415,000

The tables below break down 2020 mortgage applications in Brown 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 Brown County, MN in 2020

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 670 $102,120,000 $152,000 $4,245,000 $83,000 $915,000
Home Purchase 654 $94,170,000 $143,000 $755,000 $67,000 $540,000
Cash-out Refinancing 183 $27,305,000 $149,000 $475,000 $89,000 $732,000
Other Purpose 32 $2,000,000 $62,000 $305,000 $94,000 $832,000
Home Improvement 24 $1,280,000 $53,000 $205,000 $91,000 $382,000
Not Applicable 15 $1,105,000 $73,000 $145,000 $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 1,377 $196,555,000 $142,000 $715,000 $77,000 $915,000
Not applicable 83 $16,495,000 $198,000 $4,245,000 $337,000 $915,000
Not Provided 61 $9,575,000 $156,000 $365,000 $79,000 $255,000
Hispanic 46 $4,450,000 $96,000 $225,000 $63,000 $315,000
American Indian or Alaskan Native 4 $310,000 $77,000 $135,000 $101,000 $154,000
Asian 4 $340,000 $85,000 $165,000 $70,000 $107,000
Black or African American 2 $200,000 $100,000 $105,000 $52,000 $55,000
Native Hawaiian or Other Pacific Islander 1 $55,000 $55,000 $55,000 $68,000 $68,000

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) 1,377 $195,835,000 $142,000 $4,245,000 $79,000 $915,000
FHA-insured (Federal Housing Administration) 87 $11,075,000 $127,000 $265,000 $59,000 $137,000
VA-guaranteed (Veterans Administration) 82 $17,100,000 $208,000 $715,000 $68,000 $137,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 32 $3,970,000 $124,000 $185,000 $48,000 $74,000

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 985 $148,785,000 $151,000 $4,245,000 $82,000 $915,000
Application Denied By Financial Institution 131 $15,065,000 $115,000 $715,000 $60,000 $139,000
Application Withdrawn By Applicant 123 $17,885,000 $145,000 $445,000 $84,000 $732,000
Preapproval Denied by Financial Institution 94 $10,490,000 $111,000 $345,000 $45,000 $159,000
Preapproval Approved but not Accepted 85 $13,605,000 $160,000 $505,000 $63,000 $146,000
Loan Purchased By The Institution 75 $10,525,000 $140,000 $415,000 $192,000 $915,000
Application Approved But Not Accepted 60 $8,420,000 $140,000 $445,000 $82,000 $637,000
File Closed For Incompleteness 25 $3,205,000 $128,000 $255,000 $83,000 $175,000

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
Debt-To-Income Ratio 872 $119,650,000 $137,000 $755,000 $74,000 $832,000
Not applicable 643 $101,525,000 $157,000 $4,245,000 $84,000 $915,000
Credit History 27 $2,585,000 $95,000 $335,000 $57,000 $115,000
Other 11 $1,255,000 $114,000 $165,000 $80,000 $112,000
Collateral 10 $890,000 $89,000 $175,000 $71,000 $139,000
Credit Application Incomplete 9 $1,255,000 $139,000 $365,000 $60,000 $90,000
Employment History 4 $550,000 $137,000 $185,000 $47,000 $80,000
Unverifiable Information 2 $270,000 $135,000 $185,000 $90,000 $121,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
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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