Dodge County MN
Mortgage Loan Application
Totals and Details
for 2019

Find mortgage statistics and lending data for the Dodge County MN metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2021.
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 Dodge 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 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,151
Total Mortgage Loan Application Amount $188,465,000
Average Mortgage Loan Application Amount $163,000
Highest Mortgage Loan Application Amount $635,000
Average Applicant Income $89,000
Highest Applicant Income $923,000

Mortgage Company List for Lending in Dodge County MN for 2019

* 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
THINK MUTUAL BANK
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,647,162,000 95 $ 12,005,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,689,351,000,000 85 $ 13,425,000
HOME FEDERAL SAVINGS BANK
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 711,235,000 81 $ 13,895,000
MAYO EMPLOYEES FEDERAL CREDIT UNION
130 23RD AVE SW
ROCHESTER, MN 55902
* $ 955,732,000 76 $ 4,640,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 12,122,519,000 66 $ 12,830,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 459,476,604,000 64 $ 9,990,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 58 $ 11,140,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,176,291,000 41 $ 4,325,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,766,499,000 26 $ 5,250,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 23 $ 3,725,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 22 $ 4,800,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 22 $ 4,010,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 22 $ 4,570,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 21 $ 3,685,000
ALTRA
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,514,584,000 21 $ 3,295,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 20 $ 3,120,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,811,622,000 19 $ 4,475,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,135,647,000 19 $ 3,505,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 5,394,695,000 15 $ 2,715,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 13 $ 2,315,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 12 $ 2,570,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 108,015,112,000 12 $ 450,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 12 $ 2,660,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 11 $ 2,155,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 10 $ 1,890,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,218,960,000,000 9 $ 1,605,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 318,656,000 9 $ 1,555,000
HERITAGE BANK MINNESOTA
181 MAIN ST
WEST CONCORD, MN 55985
* $ 53,514,000 8 $ 1,080,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 8 $ 1,590,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 7 $ 865,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 7 $ 1,245,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 7 $ 1,385,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 656,158,000 7 $ 1,085,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 33,604,332,000 6 $ 940,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 6 $ 960,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 6 $ 1,230,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 6 $ 1,210,000
MANUFACTURERS BANK & TRUST COMPANY
245 EAST J ST, PO BOX 450
FOREST CITY, IA 50436
* $ 347,126,000 5 $ 965,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 5 $ 815,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,426,633,000 5 $ 775,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 4 $ 750,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 4 $ 1,110,000
ONB BANK
975 34TH AVE NW
ROCHESTER, MN 55901
* $ 97,180,000 4 $ 340,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 4 $ 670,000
RESULTS MORTGAGE, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 4 $ 890,000
IOWA BANKERS MORTGAGE CORPORATION
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 4 $ 890,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 3 $ 565,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 3 $ 405,000
HOMESERVICES LENDING, LLC
2700 WESTOWN PARKWAY SUITE 345
WEST DES MOINES, IA 50266
* $ -1,000 3 $ 675,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 209,720,480,000 3 $ 645,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 3 $ 635,000
MARINE
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 753,826,000 3 $ 475,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 3 $ 645,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 3 $ 625,000
FORESIGHT BANK
138 WEST BROADWAY
PLAINVIEW, MN 55964
* $ 245,797,000 3 $ 585,000
LEND SMART MORTGAGE, LLC
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ -1,000 3 $ 575,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 3 $ 665,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 2 $ 210,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 81,602,818,000 2 $ 400,000
THIRD FEDERAL SAVINGS AND LOAN ASSOCIATION OF CLEVELAND
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 14,205,430,000 2 $ 310,000
FIRST ALLIANCE CREDIT UNION
320 ALLIANCE PL NE
ROCHESTER, MN 55906
* $ 193,056,000 2 $ 80,000
CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 1,288,089,000 2 $ 380,000
ROUNDPOINT MORTGAGE SERVICING CORPORATION
5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8
CHARLOTTE, NC 28219
* $ -1,000 2 $ 350,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 2 $ 370,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 17,230,779,000 2 $ 220,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,111,480,000 2 $ 100,000
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 28,246,367,000 2 $ 260,000
FIRST CENTENNIAL MORTGAGE CORPORATION
2471 W SULLIVAN ROAD
AURORA, IL 60506
* $ -1,000 2 $ 460,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 2 $ 520,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 2 $ 220,000
THRIVENT FEDERAL CREDIT UNION
625 FOURTH AVE S
MINNEAPOLIS, MN 55415
* $ 578,076,000 2 $ 330,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 1,279,654,000 2 $ 330,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 123,147,670,000 2 $ 30,000
HOMESIDE FINANCIAL, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 2 $ 420,000
PEOPLES STATE BANK OF PLAINVIEW
100 4TH AVE SE
PLAINVIEW, MN 55964
* $ 268,350,000 1 $ 35,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 165,000
COULEE BANK
1516 LOSEY BLVD. S.
LA CROSSE, WI 54601
* $ 389,173,000 1 $ 115,000
PANORAMA MORTGAGE GROUP, LLC
350 SOUTH RAMPART BLVD, STE 310
LAS VEGAS, NV 89145
* $ -1,000 1 $ 155,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 125,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 1 $ 145,000
SPIRE CREDIT UNION
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 1,072,790,000 1 $ 35,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 255,000
PREMIER BANK ROCHESTER
421 1ST AVE SW
ROCHESTER, MN 55902
* $ 209,810,000 1 $ 305,000
UNITED PRAIRIE BANK
10 FIRESTONE DRIVE, SUITE 300
MANKATO, MN 56001
* $ 599,378,000 1 $ 25,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 155,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 1 $ 205,000
ESB BANK
115 N HWY 44/76
CALEDONIA, MN 55921
* $ 111,593,000 1 $ 545,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 15,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 1 $ 155,000
AMERICAN BANK OF THE NORTH
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 540,407,000 1 $ 175,000
THE LAKE BANK
613 1ST AVE
TWO HARBORS, MN 55616
* $ 134,435,000 1 $ 265,000
WESTSTAR MORTGAGE CORPORATION
6363 NORTH STATE HIGHWAY 161
IRVING, TX 75038
* $ -1,000 1 $ 375,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 395,677,000 1 $ 295,000
CHOU TEAM REALTY, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ -1,000 1 $ 185,000
MERCHANTS BANK OF INDIANA
11555 N. MERIDIAN STREET
CARMEL, IN 46032
* $ 3,710,275,000 1 $ 95,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 144,960,000 1 $ 375,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 215,000
BANKVISTA
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 302,011,000 1 $ 175,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 1,798,459,000 1 $ 155,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 96,962,446,000 1 $ 85,000
PIONEER BANK
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ 454,144,000 1 $ 25,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 1 $ 75,000
HOMEOWNERS FINANCIAL GROUP USA, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85264
* $ -1,000 1 $ 125,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 225,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,185,032,000 1 $ 335,000
FIRST NATIONAL BANK
125 WEST SIOUX AVE
PIERRE, SD 57501
* $ 997,633,000 1 $ 155,000
FIRST STATE BANK OF ST. CHARLES, MISSOURI
2850 WEST CLAY ST
ST CHARLES, MO 63301
* $ 353,041,000 1 $ 255,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 165,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 175,000
COMMUNITY BANK MANKATO
300 ST ANDREWS DR
MANKATO, MN 56001
* $ 304,701,000 1 $ 335,000
KS STATEBANK
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 2,029,298,000 1 $ 335,000
NEXBANK
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 8,305,036,000 1 $ 235,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ -1,000 1 $ 185,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 18,466,868,000 1 $ 345,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 5,133,339,000 1 $ 305,000
LAND HOME FINANCIAL SERVICES, INC.
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 1 $ 185,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 175,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 1 $ 275,000
STERLING STATE BANK
1419 1ST AVENUE SW
AUSTIN, MN 55912
* $ 351,185,000 1 $ 125,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 1 $ 75,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,933,790,000 1 $ 75,000
ALLIED FIRST BANK,SB
3201 ORCHARD RD
OSWEGO, IL 60543
* $ 85,222,000 1 $ 175,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 1 $ 205,000
ROYAL CREDIT UNION
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54703
* $ 2,390,524,000 1 $ 115,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 36,899,806,000 1 $ 225,000
ADVANCIAL
1845 WOODALL RODGERS FWY, SUITE 1300
DALLAS, TX 75201
* $ 1,617,259,000 1 $ 335,000
F & M COMMUNITY BANK, NATIONAL ASSOCIATION
PO BOX 467
PRESTON, MN 55965
* $ 132,031,000 1 $ 275,000

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.

Mortgage Loan Application Detail Totals for Dodge County MN in 2019

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 495 $96,445,000 $194,000 $585,000 $80,000 $472,000
Refinancing 255 $45,125,000 $176,000 $635,000 $94,000 $532,000
Cash-out Refinancing 200 $35,990,000 $179,000 $425,000 $86,000 $251,000
Home Improvement 110 $4,580,000 $41,000 $225,000 $104,000 $250,000
Other Purpose 80 $4,820,000 $60,000 $325,000 $113,000 $923,000
Not Applicable 11 $1,505,000 $136,000 $265,000 $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 920 $148,980,000 $161,000 $635,000 $89,000 $663,000
Not Provided 108 $17,860,000 $165,000 $625,000 $102,000 $923,000
Not applicable 85 $15,375,000 $180,000 $545,000 $82,000 $192,000
Hispanic 25 $4,095,000 $163,000 $455,000 $80,000 $217,000
Black or African American 8 $1,320,000 $165,000 $205,000 $70,000 $121,000
Asian 3 $745,000 $248,000 $255,000 $88,000 $138,000
American Indian or Alaskan Native 2 $90,000 $45,000 $75,000 $27,000 $39,000
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) 852 $131,560,000 $154,000 $635,000 $96,000 $923,000
FHA-insured (Federal Housing Administration) 161 $27,955,000 $173,000 $325,000 $65,000 $165,000
VA-guaranteed (Veterans Administration) 84 $19,190,000 $228,000 $505,000 $67,000 $156,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 54 $9,760,000 $180,000 $275,000 $63,000 $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 760 $128,140,000 $168,000 $625,000 $90,000 $923,000
Application Denied By Financial Institution 126 $15,130,000 $120,000 $405,000 $79,000 $312,000
Loan Purchased By The Institution 112 $20,420,000 $182,000 $505,000 $79,000 $192,000
Application Withdrawn By Applicant 98 $15,560,000 $158,000 $585,000 $102,000 $472,000
Application Approved But Not Accepted 27 $4,705,000 $174,000 $635,000 $107,000 $532,000
File Closed For Incompleteness 26 $4,160,000 $160,000 $365,000 $59,000 $129,000
Preapproval Approved but not Accepted 2 $350,000 $175,000 $245,000 $108,000 $156,000
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 984 $166,250,000 $168,000 $635,000 $91,000 $923,000
Debt-To-Income Ratio 78 $11,740,000 $150,000 $545,000 $75,000 $231,000
Credit History 33 $2,875,000 $87,000 $285,000 $79,000 $168,000
Collateral 24 $3,120,000 $130,000 $405,000 $82,000 $169,000
Credit Application Incomplete 10 $1,390,000 $139,000 $325,000 $130,000 $312,000
Other 10 $1,310,000 $131,000 $245,000 $70,000 $134,000
Unverifiable Information 6 $600,000 $100,000 $285,000 $112,000 $183,000
Employment History 4 $780,000 $195,000 $335,000 $54,000 $107,000
Insufficient Cash (Downpayment, Closing Cost) 2 $400,000 $200,000 $245,000 $53,000 $55,000
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.

Download the Minnesota Lender List