Brown County, MN Mortgage Lenders & HMDA Data, 2022

In 2022, lenders reported 712 mortgage applications in Brown County, MN totaling $119.2 million, down 48% from 2021. The average application was for $167,000, and applicants reported an average income of $80,000. 70% of applications resulted in an originated loan and 9% were denied. The most active lender was Southpoint Financial Credit Union, with 142 applications, followed by Citizens Bank Minnesota and Frandsen Bank & Trust.

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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 712
Total Mortgage Loan Application Amount $119,180,000
Average Mortgage Loan Application Amount $167,000
Highest Mortgage Loan Application Amount $6,205,000
Average Applicant Income $80,000
Highest Applicant Income $1,198,000

Mortgage Company List for Lending in Brown County, MN for 2022

* 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
* $ 508,641,000 142 $ 19,190,000
Citizens Bank Minnesota
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 586,804,000 53 $ 7,455,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 2,730,710,000 51 $ 7,215,000
Bank Midwest
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 1,234,147,000 45 $ 7,555,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 29 $ 3,615,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 564,154,604,000 28 $ 4,070,000
Alliance Bank
105 EAST LYON AVE
LAKE CITY, MN 55041
* $ 781,244,000 27 $ 3,095,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 22 $ 3,710,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 17 $ 3,305,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 17 $ 3,685,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,779,504,000,000 14 $ 2,280,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 10 $ 1,550,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 9 $ 1,645,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 9 $ 1,395,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 8 $ 1,560,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,046,473,000 8 $ 2,250,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 8 $ 1,630,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 7 $ 2,265,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 6 $ 1,030,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 6 $ 150,000
Minnesota Valley Federal Credit Union
1640 ADAMS ST
MANKATO, MN 56001
* $ 257,449,000 6 $ 630,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 5 $ 745,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 5 $ 735,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 5 $ 645,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 5 $ 1,075,000
Hometown Bank
1600 MONROE DRIVE
CARVER, MN 55315
* $ 523,774,000 4 $ 470,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 4 $ 470,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 7,846,662,000 4 $ 760,000
Citizens Community Federal N.A.
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 1,739,119,000 4 $ 530,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 4 $ 580,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 166,652,719,000 4 $ 300,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 3 $ 355,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 3 $ 515,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 108,342,526,000 3 $ 325,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 173,414,362,000 3 $ 335,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 348,453,000 3 $ 305,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 2,820,664,000 3 $ 265,000
Minnwest Bank
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 2,704,195,000 3 $ 765,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 3 $ 445,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 3,746,301,000 3 $ 315,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 3,979,767,000 3 $ 585,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 3 $ 265,000
Minnstar Bank National Association
P.O. BOX 270
LAKE CRYSTAL, MN 56055
* $ 170,474,000 3 $ 565,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 2 $ 420,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 1,948,614,000 2 $ 50,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ -1,000 2 $ 100,000
Home Federal Savings Bank
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 1,068,836,000 2 $ 180,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ -1,000 2 $ 420,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 2 $ 360,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 2 $ 320,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 300,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 2 $ 50,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 2 $ 580,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 340,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 2 $ 350,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 2 $ 270,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 2 $ 450,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 24,354,109,000 2 $ 240,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ -1,000 2 $ 220,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 32,127,026,000 2 $ 240,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ -1,000 2 $ 210,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 2 $ 140,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 430,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 2 $ 380,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,348,940,000 2 $ 230,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 381,299,804,000 1 $ 3,075,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 9,729,918,000 1 $ 185,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 4,710,410,000 1 $ 55,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,671,091,000 1 $ 35,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,879,005,000 1 $ 35,000
First Bank & Trust
520 6TH STREET
BROOKINGS, SD 57006
* $ 4,059,403,000 1 $ 165,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 5,072,223,000 1 $ 35,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 115,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 145,000
Nations Reliable Lending, LLC

HOUSTON, TX 77057
* $ -1,000 1 $ 165,000
North Shore Bank of Commerce
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 410,662,000 1 $ 125,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 209,696,785,000 1 $ 185,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 1 $ 105,000
Heritage Bank NA
100 SOUTH STREET W
SPICER, MN 56288
* $ 467,757,000 1 $ 265,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 65,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 155,000
Ally Bank

CHARLOTTE, NC 28202
* $ 172,820,000,000 1 $ 175,000
Consumer Real Estate Finance Co dba Society Mortgage
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ -1,000 1 $ 185,000
Pioneer Bank & Trust
125 E COLORADO BLVD STE 1A
SPEARFISH, SD 57783
* $ 1,007,803,000 1 $ 65,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,089,286,000 1 $ 115,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 185,000
Presidential Bank, FSB
4600 EAST WEST HIGHWAY, SUITE 400
BETHESDA, MD 20814
* $ 887,431,000 1 $ 205,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 175,000
Pinnacle Bank
150 3RD AVE SOUTH
NASHVILLE, TN 37203
* $ 38,275,134,000 1 $ 215,000
Bankvista
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 471,597,000 1 $ 415,000
Weststar Mortgage Corporation
6363 NORTH STATE HIGHWAY 161
ALBUQUERQUE, NM 87113
* $ -1,000 1 $ 65,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 2,224,529,000 1 $ 35,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 125,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 135,000
Black Hills Federal Credit Union
PO BOX 1420-225 MAIN ST
RAPID CITY, SD 57702
* $ 1,952,365,000 1 $ 165,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 125,000
Sentry Bank
400 4TH AVE NE
ST. JOSEPH, MN 56374
* $ 292,102,000 1 $ 3,605,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 105,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 1 $ 55,000
Diamond Residential Mtg Corp
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ -1,000 1 $ 215,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ -1,000 1 $ 135,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 162,193,000,000 1 $ 65,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ -1,000 1 $ 175,000
American Heritage National Bank
24 2ND ST S
LONG PRAIRIE, MN 56347
* $ 549,579,000 1 $ 6,205,000
Peoples State Bank of Plainview
100 4TH AVE SE
PLAINVIEW, MN 55964
* $ 341,590,000 1 $ 225,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 16,499,164,000 1 $ 15,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 1 $ 365,000
Axia Financial LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 1 $ 145,000

The tables below break down 2022 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 2022

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 435 $83,805,000 $192,000 $6,205,000 $83,000 $1,198,000
Refinancing 113 $15,775,000 $139,000 $505,000 $67,000 $197,000
Cash-out Refinancing 107 $15,965,000 $149,000 $545,000 $78,000 $328,000
Home Improvement 32 $1,530,000 $47,000 $235,000 $91,000 $308,000
Other Purpose 23 $1,865,000 $81,000 $375,000 $96,000 $555,000
Not Applicable 2 $240,000 $120,000 $165,000 $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 557 $82,275,000 $147,000 $805,000 $82,000 $1,198,000
Not applicable 71 $24,415,000 $343,000 $6,205,000 $107,000 $157,000
Not Provided 45 $7,825,000 $173,000 $345,000 $80,000 $182,000
Hispanic 25 $2,945,000 $117,000 $245,000 $69,000 $325,000
American Indian or Alaskan Native 5 $745,000 $149,000 $205,000 $45,000 $75,000
Black or African American 5 $415,000 $83,000 $145,000 $37,000 $48,000
Asian 2 $300,000 $150,000 $185,000 $72,000 $92,000
Native Hawaiian or Other Pacific Islander 1 $135,000 $135,000 $135,000 $80,000 $80,000

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) 555 $92,815,000 $167,000 $6,205,000 $83,000 $1,198,000
FHA-insured (Federal Housing Administration) 96 $14,760,000 $153,000 $395,000 $63,000 $190,000
VA-guaranteed (Veterans Administration) 51 $10,085,000 $197,000 $355,000 $76,000 $218,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 10 $1,520,000 $152,000 $185,000 $59,000 $98,000

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 495 $86,325,000 $174,000 $6,205,000 $84,000 $1,198,000
Application Denied By Financial Institution 64 $7,350,000 $114,000 $355,000 $62,000 $147,000
Loan Purchased By The Institution 58 $9,860,000 $170,000 $445,000 $88,000 $157,000
Application Withdrawn By Applicant 52 $8,930,000 $171,000 $805,000 $78,000 $286,000
Application Approved But Not Accepted 20 $4,100,000 $205,000 $505,000 $83,000 $140,000
File Closed For Incompleteness 14 $1,710,000 $122,000 $325,000 $66,000 $130,000
Preapproval Approved but not Accepted 8 $840,000 $105,000 $195,000 $53,000 $99,000
Preapproval Denied by Financial Institution 1 $65,000 $65,000 $65,000 $36,000 $36,000

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
Not applicable 497 $88,445,000 $177,000 $6,205,000 $84,000 $1,198,000
Debt-To-Income Ratio 165 $25,105,000 $152,000 $3,605,000 $77,000 $308,000
Credit History 22 $2,160,000 $98,000 $225,000 $63,000 $147,000
Collateral 7 $765,000 $109,000 $155,000 $75,000 $140,000
Other 7 $575,000 $82,000 $265,000 $54,000 $95,000
Unverifiable Information 5 $765,000 $153,000 $355,000 $57,000 $105,000
Insufficient Cash (Downpayment, Closing Cost) 4 $690,000 $172,000 $255,000 $80,000 $122,000
Credit Application Incomplete 3 $325,000 $108,000 $155,000 $79,000 $113,000
Employment History 2 $350,000 $175,000 $185,000 $53,000 $73,000
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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