Faribault County, MN Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 307 mortgage applications in Faribault County, MN totaling $30.9 million, down 13% from 2016. The average application was for $100,000, and applicants reported an average income of $53,000. 64% of applications resulted in an originated loan and 14% were denied. The most active lender was Citizens Community Federal N.A., with 43 applications, followed by Wells Fargo Bank NA and Compeer Financial.

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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 307
Total Mortgage Loan Application Amount $30,911,000
Average Mortgage Loan Application Amount $100,000
Highest Mortgage Loan Application Amount $900,000
Average Applicant Income $53,000
Highest Applicant Income $307,000

Mortgage Company List for Lending in Faribault County, MN for 2017

* 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
Citizens Community Federal N.A.
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 686,414,000 43 $ 3,356,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,727,235,000,000 36 $ 2,558,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 21 $ 3,009,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,620,732,000 15 $ 2,040,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 11 $ 847,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 9 $ 685,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 8 $ 824,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 6 $ 893,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 6 $ 621,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 6 $ 983,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 6 $ 369,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 514,606,000 4 $ 292,000
Pioneer Bank
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ 414,404,000 4 $ 439,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 4 $ 466,000
American Bank of the North
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 566,756,000 4 $ 755,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 3 $ 276,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,919,185,000 3 $ 72,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 3 $ 495,000
Minnesota Valley Federal Credit Union
1640 ADAMS ST
MANKATO, MN 56001
* $ 139,200,000 3 $ 272,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 4,181,458,000 3 $ 378,000
Community Bank Mankato
300 ST ANDREWS DR
VERNON CENTER, MN 56090
* $ 271,931,000 3 $ 118,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 3 $ 322,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 3 $ 335,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 3 $ 469,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 3 $ 256,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 278,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 2 $ 271,000
Bankvista
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 209,235,000 2 $ 212,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 2 $ 176,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 355,999,734,000 2 $ 350,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 689,786,000 2 $ 105,000
United Prairie Bank
10 FIRESTONE DRIVE, SUITE 300
MANKATO, MN 56001
* $ 560,540,000 2 $ 80,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ -1,000 2 $ 124,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,207,688,000 2 $ 254,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 27,829,056,000 2 $ 108,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 2 $ 71,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,717,614,000 2 $ 171,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 209,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 2 $ 134,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 2 $ 597,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 2 $ 135,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 2 $ 170,000
First Farmers & Merchants Bank
123 SOUTH FOURTH STREET
CANNON FALLS, MN 55009
* $ 290,910,000 1 $ 99,000
Bank Midwest
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 818,053,000 1 $ 184,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,593,928,000 1 $ 42,000
Alliance Bank
105 EAST LYON AVE
LAKE CITY, MN 55041
* $ 588,309,000 1 $ 86,000
Servbank, N.A.
3201 ORCHARD RD
OSWEGO, IL 60543
* $ 93,524,000 1 $ 100,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,982,691,000 1 $ 69,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ -1,000 1 $ 66,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 1 $ 118,000
Cornerstone State Bank
401 4TH ST N W
MONTGOMERY, MN 56069
* $ 171,294,000 1 $ 51,000
Altra Federal Credit Union
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,254,502,000 1 $ 70,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 7,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 21,455,203,000 1 $ 40,000
Home Federal Savings Bank
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 681,169,000 1 $ 54,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 115,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 18,252,081,000 1 $ 74,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 629,000,000 1 $ 41,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 83,730,044,000 1 $ 900,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ -1,000 1 $ 90,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 1 $ 142,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 1 $ 59,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,980,496,000 1 $ 135,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 191,000
Midcountry Bank
7825 WASHINGTON AVE. S., STE. 120
BLOOMINGTON, MN 55439
* $ 796,545,000 1 $ 66,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ -1,000 1 $ 170,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ -1,000 1 $ 179,000
Southpoint Financial Credit Union
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ 308,180,000 1 $ 28,000
Mortgages Unlimited Inc.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 1 $ 167,000
Lennar Mortgage, LLC
5505 WATERFORD DISTRICT DRIVE SUITE 505
MIAMI, FL 33126
* $ -1,000 1 $ 150,000
Marketplace Home Mortgage, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ -1,000 1 $ 129,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 286,080,320,000 1 $ 22,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 63,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 90,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 1 $ 74,000
New York Community Bank
615 MERRICK AVENUE
WESTBURY, NY 11590
* $ 45,524,776,000 1 $ 99,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 1 $ 312,000

The tables below break down 2017 mortgage applications in Faribault 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 Faribault County, MN in 2017

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 177 $17,662,000 $99,000 $392,000 $46,000 $285,000
Refinancing 101 $11,709,000 $115,000 $900,000 $60,000 $307,000
Home Improvement 29 $1,540,000 $53,000 $260,000 $71,000 $172,000

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 235 $24,775,000 $105,000 $900,000 $60,000 $307,000
Not applicable 37 $3,423,000 $92,000 $312,000 $1,000 $58,000
Not Provided 22 $1,967,000 $89,000 $191,000 $62,000 $221,000
Hispanic 10 $484,000 $48,000 $93,000 $41,000 $80,000
Black or African American 2 $170,000 $85,000 $86,000 $123,000 $128,000
Asian 1 $92,000 $92,000 $92,000 $28,000 $28,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
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) 172 $17,854,000 $103,000 $900,000 $64,000 $307,000
FHA-insured (Federal Housing Administration) 66 $5,611,000 $85,000 $260,000 $37,000 $141,000
VA-guaranteed (Veterans Administration) 35 $4,419,000 $126,000 $260,000 $48,000 $119,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 34 $3,027,000 $89,000 $182,000 $34,000 $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 197 $20,134,000 $102,000 $900,000 $59,000 $307,000
Application Denied By Financial Institution 43 $3,629,000 $84,000 $392,000 $60,000 $208,000
Loan Purchased By The Institution 35 $3,789,000 $108,000 $312,000 $10,000 $95,000
Application Withdrawn By Applicant 18 $2,130,000 $118,000 $260,000 $57,000 $119,000
File Closed For Incompleteness 7 $562,000 $80,000 $128,000 $39,000 $105,000
Application Approved But Not Accepted 7 $667,000 $95,000 $280,000 $52,000 $86,000
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
Credit History 11 $354,000 $32,000 $79,000 $63,000 $170,000
Debt-To-Income Ratio 9 $906,000 $100,000 $280,000 $40,000 $120,000
Collateral 7 $422,000 $60,000 $86,000 $65,000 $128,000
Credit Application Incomplete 4 $743,000 $185,000 $392,000 $82,000 $184,000
Other 3 $200,000 $66,000 $175,000 $57,000 $111,000
Insufficient Cash (Downpayment, Closing Cost) 2 $128,000 $64,000 $75,000 $36,000 $44,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 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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