Fargo, ND-MN Metro Area Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 7,224 mortgage applications in Fargo, ND-MN metro area totaling $1.6 billion, down 25% from 2022. The average application was for $227,075, and applicants reported an average income of $134,618. 68% of applications resulted in an originated loan and 9% were denied. The most active lender was Gate City Bank, with 966 applications, followed by Bell Bank and Gate City 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  
Total Number of Mortgage Applications 7,224
Total Mortgage Loan Application Amount $1,640,390,000
Average Mortgage Loan Application Amount $227,075
Highest Mortgage Loan Application Amount $15,675,000
Average Applicant Income $134,618
Highest Applicant Income $6,338,000

Mortgage Company List for Lending in Fargo, ND-MN for 2023

* 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
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ 3,392,287,000 966 $ 184,110,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 12,493,973,000 526 $ 117,010,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ 3,392,287,000 265 $ 42,285,000
Town and Country Credit Union
615 S BROADWAY ST
MINOT, ND 58701
* $ 635,992,000 257 $ 51,505,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 12,493,973,000 232 $ 30,680,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 4,910,204,000 231 $ 58,465,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 215 $ 60,135,000
Valley Mortgage, Inc.
3315 45TH ST S, SUITE 200
FARGO, ND 58104
* $ -1,000 196 $ 55,230,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 182 $ 38,640,000
First Community Credit Union
111 9TH ST SW
JAMESTOWN, ND 58401
* $ 1,195,944,000 156 $ 33,500,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 3,778,066,000 135 $ 27,765,000
First Western Bank & Trust
900 SOUTH BROADWAY
MINOT, ND 58701
* $ 2,022,880,000 131 $ 39,345,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 124 $ 31,460,000
Capital Credit Union
PO BOX 2096
BISMARCK, ND 58502
* $ 724,151,000 123 $ 21,945,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 115 $ 19,475,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 111 $ 31,885,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 15,939,263,000 97 $ 24,645,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 96 $ 6,280,000
Town and Country Credit Union
615 S BROADWAY ST
MINOT, ND 58701
* $ 635,992,000 90 $ 16,830,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 88 $ 21,290,000
Visionbank
3000 25TH STREET SOUTH
FARGO, ND 58103
* $ 252,801,000 73 $ 22,445,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 68 $ 4,560,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 64 $ 17,890,000
Western State Bank
755 13TH AVE E
DEVILS LAKE, ND 58301
* $ 1,761,840,000 59 $ 13,865,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 59 $ 16,385,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 54 $ 13,140,000
Choice Financial Group
4501 23RD AVE S
FARGO, ND 58104
* $ 4,229,093,000 51 $ 17,565,000
Border Bank
4530 17TH AVENUE SOUTH
FARGO, ND 58103
* $ 885,269,000 51 $ 13,315,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 50 $ 12,310,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 4,910,204,000 48 $ 9,510,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 46 $ 12,540,000
American Federal Bank
215 N 5TH ST
FARGO, ND 58102
* $ 711,527,000 46 $ 21,220,000
Cornerstone Bank
2280 45TH STREET SOUTH
FARGO, ND 58104
* $ 1,304,394,000 46 $ 8,070,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 45 $ 14,035,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 4,078,225,000 44 $ 3,620,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 15,939,263,000 41 $ 9,745,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ -1,000 41 $ 11,565,000
Northwestern Bank, NA
4 NORTH MAIN - PO BOX 10
DILWORTH, MN 56529
* $ 161,838,000 39 $ 4,865,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 39 $ 2,665,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 37 $ 9,525,000
First Community Credit Union
111 9TH ST SW
JAMESTOWN, ND 58401
* $ 1,195,944,000 37 $ 8,975,000
Valley Mortgage, Inc.
3315 45TH ST S, SUITE 200
FARGO, ND 58104
* $ -1,000 36 $ 8,850,000
Valley Premier Bank
416 6TH STREET, PO BOX 648
HAWLEY, MN 56549
* $ 121,392,000 31 $ 4,255,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 31 $ 9,175,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,991,835,000 31 $ 6,465,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 30 $ 7,760,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 30 $ 7,470,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 30 $ 8,270,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 29 $ 8,105,000
Bank Forward
390 WHEAT STREET, PO BOX 100
FARGO, ND 58104
* $ 896,699,000 28 $ 26,680,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 28 $ 1,700,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 3,778,066,000 28 $ 3,560,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,054,618,000 28 $ 8,330,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 27 $ 6,945,000
Starion Bank
109 1ST STREET NW
MANDAN, ND 58554
* $ 1,801,604,000 27 $ 15,105,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 26 $ 5,050,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 26 $ 6,640,000
First Western Bank & Trust
900 SOUTH BROADWAY
MINOT, ND 58701
* $ 2,022,880,000 25 $ 5,105,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 25 $ 7,615,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 24 $ 5,870,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 176,980,258,000 24 $ 6,640,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 23 $ 3,905,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 22 $ 5,340,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 21 $ 4,545,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 4,078,225,000 21 $ 2,615,000
Magnifi Financial Credit Union
20 4TH AVE SE
MELROSE, MN 56352
* $ 2,123,114,000 21 $ 3,565,000
Visionbank
3000 25TH STREET SOUTH
FARGO, ND 58103
* $ 252,801,000 20 $ 1,950,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 20 $ 3,970,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 20 $ 4,510,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 20 $ 6,190,000
Choice Financial Group
4501 23RD AVE S
FARGO, ND 58104
* $ 4,229,093,000 19 $ 10,105,000
Western State Bank
755 13TH AVE E
DEVILS LAKE, ND 58301
* $ 1,761,840,000 19 $ 6,535,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 19 $ 5,335,000
Capital Credit Union
PO BOX 2096
BISMARCK, ND 58502
* $ 724,151,000 17 $ 2,275,000
Border Bank
4530 17TH AVENUE SOUTH
FARGO, ND 58103
* $ 885,269,000 17 $ 3,535,000
Midwest Bank
613 HWY 10 E PO BOX 703
DETROIT LAKES, MN 56501
* $ 704,321,000 17 $ 5,725,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 16 $ 2,670,000
American Federal Bank
215 N 5TH ST
FARGO, ND 58102
* $ 711,527,000 16 $ 3,590,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 15 $ 4,165,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 15 $ 675,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 14 $ 2,930,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,991,835,000 14 $ 1,390,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 2,192,809,000 13 $ 2,355,000
Midwest Bank
613 HWY 10 E PO BOX 703
DETROIT LAKES, MN 56501
* $ 704,321,000 13 $ 3,775,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 13 $ 2,495,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 12 $ 3,040,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 12 $ 1,510,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 12 $ 2,530,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 12 $ 430,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 12 $ 3,160,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 11 $ 785,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 11 $ 2,205,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 11 $ 2,595,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 2,192,809,000 11 $ 1,995,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 11 $ 2,155,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 10 $ 3,210,000
Premier Mortgage Resources, LLC
3363 E PRESIDENTIAL DR STE 200
MERIDIAN, ID 83646
* $ -1,000 10 $ 2,670,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 10 $ 2,980,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 9 $ 2,105,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 9 $ 1,815,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ -1,000 9 $ 1,985,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 9 $ 3,445,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 9 $ 2,105,000
Magnifi Financial Credit Union
20 4TH AVE SE
MELROSE, MN 56352
* $ 2,123,114,000 8 $ 1,280,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 1,576,681,000 8 $ 380,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 8 $ 1,290,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 8 $ 1,810,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 182,325,674,000 8 $ 3,810,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 8 $ 1,650,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ 1,121,085,000 8 $ 2,210,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 8 $ 1,710,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 7 $ 1,475,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 7 $ 1,035,000
First United Bank
503 BRIGGS AVE SOUTH
PARK RIVER, ND 58270
* $ 676,375,000 7 $ 1,775,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 7 $ 1,855,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 7 $ 2,025,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 875,403,000 7 $ 2,465,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 6 $ 1,320,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 6 $ 2,170,000
Cornerstone Bank
2280 45TH STREET SOUTH
FARGO, ND 58104
* $ 1,304,394,000 6 $ 570,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 6 $ 590,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 6 $ 1,630,000
Bank Forward
390 WHEAT STREET, PO BOX 100
FARGO, ND 58104
* $ 896,699,000 6 $ 19,690,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 6 $ 1,580,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 6 $ 1,380,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,054,618,000 6 $ 990,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 5 $ 1,035,000
Bravera Bank
140 1ST AVENUE WEST
DICKINSON, ND 58601
* $ -1,000 5 $ 1,705,000
Ally Bank

CHARLOTTE, NC 28202
* $ 181,890,000,000 5 $ 1,475,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 5 $ 1,735,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 5,751,484,000 5 $ 475,000
Axia Financial LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 5 $ 1,025,000
Bravera Bank
140 1ST AVENUE WEST
DICKINSON, ND 58601
* $ 2,398,640,000 5 $ 1,705,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ -1,000 5 $ 1,075,000
Imagine Home Lending, LLC
1037 RIDERS CLUB RD
ONALASKA, WI 54650
* $ -1,000 5 $ 1,655,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 5 $ 1,455,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 4 $ 930,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 4 $ 90,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 4 $ 1,000,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 176,980,258,000 4 $ 290,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 4 $ 710,000
Northwestern Bank, NA
4 NORTH MAIN - PO BOX 10
DILWORTH, MN 56529
* $ 161,838,000 4 $ 860,000
Dakota Community Bank & Trust, NA
608 MAIN STREET
HEBRON, ND 58638
* $ 1,240,396,000 4 $ 910,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 4 $ 900,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 4 $ 1,150,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,766,752,000,000 4 $ 1,350,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 4 $ 670,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 4 $ 570,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 2,576,574,000 4 $ 1,460,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 4 $ 1,320,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 3,163,444,000 4 $ 720,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ -1,000 3 $ 965,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 209,664,000,000 3 $ 735,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 3 $ 635,000
Secured Investment Corp
701 E FRONT AVE
COEUR D'ALENE, ID 83814
* $ -1,000 3 $ 435,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 3 $ 675,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 3 $ 335,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 3 $ 615,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 3 $ 125,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 3 $ 685,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 3 $ 805,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ -1,000 3 $ 1,115,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 3 $ 1,075,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 3 $ 245,000
Guidance Residential, LLC
11107 SUNSET HILLS ROAD, STES 100 & 200
RESTON, VA 20190
* $ -1,000 3 $ 845,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 3 $ 765,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 745,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 8,422,113,000 3 $ 285,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 3 $ 885,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 3 $ 915,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 3 $ 1,225,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 3 $ 1,095,000
Dacotah Bank
308 S MAIN STREET, PO BOX 1210
ABERDEEN, SD 57401
* $ 3,589,007,000 3 $ 1,405,000
Willamette Valley Bank
101 HIGH ST NE
SALEM, OR 97301
* $ 401,943,000 3 $ 1,115,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 3 $ 545,000
Bellwether Enterprise Real Estate Capital, LLC
1360 E. 9TH STREET SUITE 300
CLEVELAND, OH 44114
* $ -1,000 3 $ 15,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 3 $ 565,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,601,623,000 3 $ 95,000
Dacotah Bank
308 S MAIN STREET, PO BOX 1210
ABERDEEN, SD 57401
* $ 3,589,007,000 2 $ 460,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 4,614,668,000 2 $ 280,000
Starion Bank
109 1ST STREET NW
MANDAN, ND 58554
* $ 1,801,604,000 2 $ 540,000
Traditional Mortgage Acceptance Corporation
777 108TH AVE NE #1670
BELLEVUE, WA 98004
* $ -1,000 2 $ 200,000
Unison Bank
PO BOX 2056
JAMESTOWN, ND 58401
* $ 554,503,000 2 $ 100,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 2 $ 490,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 610,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ 9,123,708,000 2 $ 430,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 320,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 8,422,113,000 2 $ 110,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 2 $ 170,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 360,000
Premier Mortgage Resources, LLC
3363 E PRESIDENTIAL DR STE 200
MERIDIAN, ID 83646
* $ -1,000 2 $ 580,000
First Bank & Trust
520 6TH STREET
BROOKINGS, SD 57006
* $ 4,377,534,000 2 $ 1,060,000
Valley Premier Bank
416 6TH STREET, PO BOX 648
HAWLEY, MN 56549
* $ 121,392,000 2 $ 480,000
First United Bank
503 BRIGGS AVE SOUTH
PARK RIVER, ND 58270
* $ 676,375,000 2 $ 230,000
Kodabank
104 S MAIN ST
DRAYTON, ND 58225
* $ 415,103,000 2 $ 650,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 2 $ 530,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 8,876,888,000 2 $ 420,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 2 $ 520,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 4,534,480,000 2 $ 840,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 2 $ 430,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 2 $ 410,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ 977,048,000 2 $ 910,000
The First National Bank in Sioux Falls
100 S. PHILLIPS AVENUE
SIOUX FALLS, SD 57104
* $ 1,789,159,000 2 $ 260,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 91,580,361,000 2 $ 450,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59101
* $ 32,216,733,000 2 $ 390,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59101
* $ 32,216,733,000 2 $ 760,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,517,837,000 2 $ 380,000
Dakota Heritage Bank

RED LAKE FALLS, MN 56750
* $ 324,294,000 2 $ 280,000
Signature Federal Credit Union
12 HERBERT ST.
ALEXANDRIA, VA 22305
* $ 397,701,000 2 $ 170,000
Sunrise Banks, N.A.

SIOUX FALLS, SD 57108
* $ 2,099,142,000 2 $ 310,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 2 $ 230,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 2 $ 250,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ -1,000 2 $ 320,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 2 $ 450,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 2 $ 280,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,740,477,000 2 $ 160,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,740,477,000 2 $ 280,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 16,117,865,000 2 $ 210,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 35,526,360,000 2 $ 490,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ -1,000 2 $ 530,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 2 $ 640,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 2 $ 470,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 2 $ 340,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 3,765,448,000 2 $ 880,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 209,664,000,000 2 $ 860,000
Nations Reliable Lending, LLC

HOUSTON, TX 77057
* $ -1,000 2 $ 410,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 3,163,444,000 1 $ 355,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 1 $ 255,000
Dollar Bank, FSB
#3 GATEWAY CENTER, SEVEN WEST
PITTSBURGH, PA 15222
* $ 11,417,843,000 1 $ 635,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ -1,000 1 $ 175,000
BNC National Bank

BISMARCK, ND 58501
* $ 942,438,000 1 $ 225,000
Teachers Federal Credit Union
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ 9,280,218,000 1 $ 45,000
Teachers Federal Credit Union
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ 9,280,218,000 1 $ 75,000
Nextmortgage, LLC
3160 CROW CANYON RD
SAN RAMON, CA 94583
* $ -1,000 1 $ 235,000
Nextmortgage, LLC
3160 CROW CANYON RD
SAN RAMON, CA 94583
* $ -1,000 1 $ 185,000
Unify Home Lending Inc.
2101 MT RUSHMORE RD #300
PIERRE, SD 57701
* $ -1,000 1 $ 295,000
BNY Mellon, N.A.

BOSTON, MA 02108
* $ 31,424,000,000 1 $ 405,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,401,730,000 1 $ 435,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,401,730,000 1 $ 275,000
Stockman Bank of Montana
700 MAIN STREET
MILES CITY, MT 59301
* $ 6,029,685,000 1 $ 245,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ -1,000 1 $ 265,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 285,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 1 $ 295,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 2,576,574,000 1 $ 365,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 35,526,360,000 1 $ 335,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ 270,427,000 1 $ 265,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 1 $ 85,000
Quontic Bank
31-05 BROADWAY
ASTORIA, NY 11106
* $ 632,715,000 1 $ 295,000
Security First Bank of North Dakota
700 ASH AVENUE
NEW SALEM, ND 58563
* $ 239,388,000 1 $ 355,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 1 $ 195,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 3,078,918,000 1 $ 75,000
Central Bank
600 LAKE AVENUE
STORM LAKE, IA 50588
* $ 1,964,850,000 1 $ 425,000
Beverly Bank & Trust Company, N.A.
10258 SOUTH WESTERN AVENUE
CHICAGO, IL 60643
* $ 2,119,862,000 1 $ 1,005,000
Ally Bank

CHARLOTTE, NC 28202
* $ 181,890,000,000 1 $ 305,000
Flagship Bank Minnesota
1415 WAYZATA BLVD E
WAYZATA, MN 55391
* $ 305,797,000 1 $ 885,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 1 $ 445,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 75,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 1 $ 445,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 1,052,701,000 1 $ 165,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 1 $ 425,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 105,000
Alameda Mortgage Corporation
1850 MT. DIABLO BLVD. SUITE 100
WALNUT CREEK, CA 94596
* $ -1,000 1 $ 425,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 165,000
Consumer Real Estate Finance Co dba Society Mortgage
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ -1,000 1 $ 195,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,766,752,000,000 1 $ 235,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ -1,000 1 $ 285,000
First State Bank
423 BROADWAY
BUXTON, ND 58218
* $ 346,040,000 1 $ 245,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 155,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 1 $ 105,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 5,751,484,000 1 $ 155,000
First Resource Bank
7449 VILLAGE DRIVE
LINO LAKES, MN 55014
* $ 484,660,000 1 $ 615,000
First Resource Bank
7449 VILLAGE DRIVE
LINO LAKES, MN 55014
* $ 484,660,000 1 $ 505,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 441,843,000 1 $ 225,000
Arvest Bank

TULSA, OK 74103
* $ 26,441,420,000 1 $ 265,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 4,554,611,000 1 $ 145,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 4,554,611,000 1 $ 55,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ -1,000 1 $ 155,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 1 $ 165,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 205,000
American National Bank of Minnesota
1920 SOUTH SIXTH STREET
BRAINERD, MN 56401
* $ 451,321,000 1 $ 625,000
Liberty Bank Minnesota
111 7TH AVE S
ST CLOUD, MN 56301
* $ 290,367,000 1 $ 215,000
Minnwest Bank
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 2,847,684,000 1 $ 155,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 1 $ 305,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 17,893,084,000 1 $ 105,000
Quoin Financial Bank
201 N BROADWAY
MILLER, SD 57362
* $ 216,041,000 1 $ 235,000
Florida Capital Bank, N.A
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 444,412,000 1 $ 155,000
Kodabank
104 S MAIN ST
DRAYTON, ND 58225
* $ 415,103,000 1 $ 175,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 405,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 215,000
First State Bank of St Charles
2850 WEST CLAY ST
ST CHARLES, MO 63301
* $ 534,540,000 1 $ 285,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 75,000
St Paul Federal Credit Union
1330 CONWAY ST, STE 200
SAINT PAUL, MN 55106
* $ 256,602,000 1 $ 135,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 1 $ 545,000
Park State Bank
2630 WEST SUPERIOR STREET
DULUTH, MN 55806
* $ 1,082,644,000 1 $ 135,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ -1,000 1 $ 285,000
Agcountry Farm Credit Services, Flca
1900 44TH ST S - PO BOX 6020
FARGO, ND 58108
* $ -1,000 1 $ 245,000
Everence Federal Credit Union
2160 LINCOLN HWY E, STE 20
LANCASTER, PA 17602
* $ 381,812,000 1 $ 75,000
Nqm Funding, LLC
E, 4800 N FEDERAL HWY #200
BOCA RATON, FL 33431
* $ -1,000 1 $ 315,000
Railway Credit Union
1006 E MAIN STREET
MANDAN, ND 58554
* $ 162,148,000 1 $ 15,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ 9,123,708,000 1 $ 275,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 195,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 200,262,969,000 1 $ 135,000
Imagine Home Lending, LLC
1037 RIDERS CLUB RD
ONALASKA, WI 54650
* $ -1,000 1 $ 155,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 1 $ 135,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 1 $ 225,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 1 $ 505,000
Cortrust Mortgage, Inc.
2101 S MINNESOTA AVENUE
SIOUX FALLS, SD 57105
* $ -1,000 1 $ 245,000
Homestar Financial Corporation
332 WASHINGTON STREET, NW
PEACHTREE CORNERS, GA 30501
* $ -1,000 1 $ 265,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 1 $ 235,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ -1,000 1 $ 205,000
Arbor Realty Trust, Inc.
333 EARLE OVINGTON BLVD., SUITE 900
UNIONDALE, NY 11553
* $ -1,000 1 $ 15,675,000
Castle Mortgage Corporation
10251 VISTA SORRENTO PKWY, STE. 225
WILMINGTON, DE 92121
* $ -1,000 1 $ 225,000
Members Cooperative Credit Union
4628 MIKE COLALILLO DR
DULUTH, MN 55816
* $ 1,152,301,000 1 $ 35,000
Citizens Bank Minnesota
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 581,176,000 1 $ 15,000
American Bank & Trust
120 E MAIN STREET
SIOUX FALLS, SD 57108
* $ 1,474,550,000 1 $ 465,000
Peoples Bank
PO BOX 7
MENDENHALL, MS 39114
* $ 467,010,000 1 $ 315,000

The tables below break down 2023 mortgage applications in Fargo, ND-MN metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Fargo, ND-MN in 2023

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 4,402 $1,273,210,000 $289,000 $11,685,000 $132,000 $6,338,000
Other Purpose 844 $70,740,000 $83,000 $1,005,000 $139,000 $2,246,000
Home Improvement 770 $53,340,000 $69,000 $545,000 $133,000 $1,564,000
Cash-out Refinancing 659 $125,325,000 $190,000 $15,675,000 $125,000 $3,515,000
Refinancing 536 $116,630,000 $217,000 $5,015,000 $167,000 $5,100,000
Not Applicable 13 $1,145,000 $88,000 $235,000 $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 5,268 $1,055,530,000 $200,000 $2,005,000 $135,000 $6,338,000
Not applicable 877 $342,535,000 $390,000 $15,675,000 $217,000 $747,000
Not Provided 490 $98,480,000 $200,000 $1,365,000 $147,000 $2,335,000
Black or African American 236 $62,550,000 $265,000 $1,005,000 $109,000 $768,000
Asian 132 $35,000,000 $265,000 $955,000 $151,000 $1,476,000
Hispanic 121 $26,315,000 $217,000 $1,175,000 $104,000 $570,000
American Indian or Alaskan Native 83 $16,065,000 $193,000 $845,000 $108,000 $1,200,000
Native Hawaiian or Other Pacific Islander 2 $500,000 $250,000 $325,000 $88,000 $90,000

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) 5,937 $1,293,155,000 $217,000 $15,675,000 $143,000 $6,338,000
FHA-insured (Federal Housing Administration) 819 $208,135,000 $254,000 $485,000 $93,000 $612,000
VA-guaranteed (Veterans Administration) 448 $134,280,000 $299,000 $1,065,000 $99,000 $569,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 20 $4,820,000 $241,000 $405,000 $83,000 $135,000

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 4,923 $1,160,545,000 $235,000 $15,675,000 $138,000 $6,338,000
Application Withdrawn By Applicant 795 $185,325,000 $233,000 $1,105,000 $143,000 $6,312,000
Application Denied By Financial Institution 626 $83,960,000 $134,000 $1,145,000 $106,000 $3,515,000
Loan Purchased By The Institution 602 $156,850,000 $260,000 $735,000 $130,000 $747,000
File Closed For Incompleteness 175 $25,805,000 $147,000 $745,000 $112,000 $760,000
Application Approved But Not Accepted 97 $26,405,000 $272,000 $11,255,000 $143,000 $2,335,000
Preapproval Approved but not Accepted 6 $1,500,000 $250,000 $495,000 $96,000 $235,000
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 6,446 $1,520,330,000 $235,000 $15,675,000 $138,000 $6,338,000
Debt-To-Income Ratio 357 $67,755,000 $189,000 $3,575,000 $101,000 $994,000
Credit History 189 $19,775,000 $104,000 $675,000 $105,000 $1,476,000
Collateral 132 $14,900,000 $112,000 $455,000 $154,000 $3,515,000
Other 41 $6,425,000 $156,000 $355,000 $108,000 $308,000
Credit Application Incomplete 32 $5,350,000 $167,000 $425,000 $119,000 $372,000
Unverifiable Information 14 $2,930,000 $209,000 $455,000 $110,000 $250,000
Insufficient Cash (Downpayment, Closing Cost) 9 $2,225,000 $247,000 $725,000 $128,000 $293,000
Employment History 4 $700,000 $175,000 $315,000 $65,000 $83,000
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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