Freeborn County MN
Mortgage Loan Application
Totals and Details
for 2018

Find mortgage statistics and lending data for the Freeborn 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 Freeborn 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 922
Total Mortgage Loan Application Amount $103,140,000
Average Mortgage Loan Application Amount $111,000
Highest Mortgage Loan Application Amount $1,885,000
Average Applicant Income $80,000
Highest Applicant Income $8,891,000

Mortgage Company List for Lending in Freeborn County MN for 2018

* 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
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 138 $ 13,170,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 111 $ 10,165,000
HOME FEDERAL SAVINGS BANK
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 722,455,000 104 $ 7,130,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,747,398,000,000 78 $ 8,850,000
MANUFACTURERS BANK & TRUST COMPANY
245 EAST J ST, PO BOX 450
FOREST CITY, IA 50436
* $ 335,251,000 33 $ 3,875,000
CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 942,777,000 24 $ 2,370,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 22 $ 2,990,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 18 $ 3,910,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 15 $ 2,055,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 12 $ 420,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 11 $ 1,225,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 11 $ 885,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 10 $ 1,100,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 11,915,259,000 10 $ 1,060,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 9 $ 745,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,063,591,000 9 $ 625,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 9 $ 1,155,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 8 $ 1,720,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 7 $ 1,075,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 7 $ 935,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 6 $ 780,000
IOWA BANKERS MORTGAGE CORPORATION
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 5 $ 625,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 5 $ 585,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 5 $ 865,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 5 $ 715,000
CONSUMER LOAN SERVICES, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ -1,000 5 $ 445,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 5 $ 675,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 4 $ 540,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 430,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 4 $ 150,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 650,256,000 4 $ 680,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 4 $ 350,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 4 $ 320,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 4 $ 390,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,656,476,000 4 $ 370,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 293,609,000 4 $ 500,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 4 $ 330,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 98,729,134,000 3 $ 195,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 3 $ 405,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,002,887,000 3 $ 355,000
AXIA FINANCIAL, LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 3 $ 395,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 3 $ 575,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 3 $ 245,000
PIONEER BANK
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ 416,512,000 3 $ 215,000
COMMUNITY BANK MANKATO
300 ST ANDREWS DR
MANKATO, MN 56001
* $ 288,412,000 3 $ 155,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 3 $ 415,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 3 $ 115,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 3 $ 345,000
MARINE
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 755,545,000 3 $ 215,000
TRUHOME SOLUTIONS, LLC
9601 LEGLER RD.
LENEXA, KS 66219
* $ -1,000 3 $ 555,000
GOODLEAP, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 3 $ 335,000
BRIDGEVIEW BANK GROUP
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,175,351,000 3 $ 455,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,308,536,000 3 $ 85,000
RESULTS MORTGAGE, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 3 $ 225,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 4,763,242,000 2 $ 300,000
MAYO EMPLOYEES FEDERAL CREDIT UNION
130 23RD AVE SW
ROCHESTER, MN 55902
* $ 884,447,000 2 $ 450,000
AMERICAN BANK OF THE NORTH
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 549,676,000 2 $ 100,000
ROUNDBANK
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 304,365,000 2 $ 40,000
FARMERS STATE BANK
131 TOWER PARK DRIVE SUITE 100
WATERLOO, IA 50701
* $ 954,308,000 2 $ 1,360,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 2 $ 190,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 2 $ 170,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 2 $ 420,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ -1,000 2 $ 330,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 192,687,000 2 $ 430,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 2 $ 490,000
REVERSE MORTGAGE FUNDING LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 2 $ 170,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 220,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 2 $ 250,000
THINK MUTUAL BANK
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,625,986,000 2 $ 420,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 201,637,519,000 2 $ 300,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 2 $ 260,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 2 $ 330,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 240,000
WATERSTONE BANK, SSB
11200 WEST PLANK COURT
WAUWATOSA, WI 53226
* $ 1,804,054,000 2 $ 2,520,000
INLANTA MORTGAGE, INC.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 2 $ 210,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 827,634,000 1 $ 135,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 109,372,608,000 1 $ 795,000
MINNESOTA VALLEY FEDERAL CREDIT UNION
1640 ADAMS ST
MANKATO, MN 56001
* $ 155,841,000 1 $ 75,000
DEERWOOD BANK
21236 ARCHIBALD ROAD
DEERWOOD, MN 56444
* $ 504,544,000 1 $ 65,000
BANKUNITED, NATIONAL ASSOCIATION
7815 NW 148TH STREET
MIAMI LAKES, FL 33016
* $ 30,280,467,000 1 $ 25,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 1 $ 35,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 55,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 1 $ 225,000
BAY-VALLEY MORTGAGE GROUP
23320 FOOTHILL BLVD, SUITE 260
HAYWARD, CA 94541
* $ -1,000 1 $ 155,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 105,000
GOPRIME MORTGAGE, INC.
320 N SALEM STREET
APEX, NC 27502
* $ -1,000 1 $ 245,000
BANKVISTA
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 249,182,000 1 $ 225,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 1 $ 85,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,934,629,000 1 $ 35,000
FORBRIGHT BANK
6701 DEMOCRACY BLVD, SUITE 400
BETHESDA, MD 20817
* $ 955,028,000 1 $ 165,000
1ST ALLIANCE LENDING, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ -1,000 1 $ 155,000
PROFINIUM, INC.
105 LAKE AVE. PO BOX 848
FAIRMONT, MN 56031
* $ 367,686,000 1 $ 225,000
FIREFLY
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 1,190,459,000 1 $ 5,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 1 $ 85,000
BANKERS' BANK
7700 MINERAL POINT ROAD
MADISON, WI 53717
* $ 690,531,000 1 $ 145,000
CENTIER BANK
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,947,088,000 1 $ 85,000
MUTUAL OF OMAHA BANK
3333 FARNAM ST
OMAHA, NE 68131
* $ 8,144,695,000 1 $ 55,000
360 MORTGAGE GROUP, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ -1,000 1 $ 95,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,376,902,000 1 $ 135,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 75,000
NBKC BANK
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 631,522,000 1 $ 105,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 1 $ 175,000
BANKERS TRUST COMPANY
453 7TH ST.
DES MOINES, IA 50309
* $ 4,473,611,000 1 $ 75,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 1 $ 135,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 15,000
INSPIRED FINANCIAL SERVICES, LLC
2708 BICENTENNIAL DR, STE A
CEDAR FALLS, IA 50613
* $ -1,000 1 $ 65,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 1 $ 55,000
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 25,054,739,000 1 $ 395,000
TRUSTONE HOME MORTGAGE, LLC
14601 27TH AVE N SUITE 103
PLYMOUTH, MN 55447
* $ -1,000 1 $ 85,000
ROUNDPOINT MORTGAGE SERVICING CORPORATION
5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8
CHARLOTTE, NC 28219
* $ -1,000 1 $ 95,000
FORESIGHT BANK
138 WEST BROADWAY
PLAINVIEW, MN 55964
* $ 233,869,000 1 $ 155,000
KS STATEBANK
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 1,787,790,000 1 $ 395,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,104,663,000 1 $ 85,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 1 $ 375,000
MILEND, INC.
375 NORTHRIDGE RD, SUITE 600
ATLANTA, GA 30350
* $ -1,000 1 $ 225,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 1 $ 65,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 1 $ 165,000
WESTSTAR MORTGAGE CORPORATION
6363 NORTH STATE HIGHWAY 161
IRVING, TX 75038
* $ -1,000 1 $ 255,000
BANK 34
500 EAST TENTH STREET
ALAMOGORDO, NM 88310
* $ 335,906,000 1 $ 125,000
CAMBRIA FINANCIAL GROUP, LLC
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 1 $ 205,000
LAKE AREA BANK
12790 FIRST AVE N - PO BOX 743
LINDSTROM, MN 55045
* $ 332,392,000 1 $ 85,000
NOVATION CREDIT UNION
500 IMPERIAL AVE
OAKDALE, MN 55128
* $ 141,075,000 1 $ 135,000
THRIVENT FEDERAL CREDIT UNION
625 FOURTH AVE S
MINNEAPOLIS, MN 55415
* $ 526,546,000 1 $ 65,000
LAND HOME FINANCIAL SERVICES, INC.
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 1 $ 105,000
MIDWEST HERITAGE BANK FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 261,210,000 1 $ 155,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 1 $ 255,000
LEND SMART MORTGAGE, LLC
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ -1,000 1 $ 85,000
NORTHWEST BANK
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,541,610,000 1 $ 455,000

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 Freeborn County MN in 2018

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 502 $60,450,000 $120,000 $1,885,000 $86,000 $8,891,000
Cash-out Refinancing 142 $18,490,000 $130,000 $595,000 $62,000 $189,000
Refinancing 142 $16,650,000 $117,000 $955,000 $86,000 $938,000
Other Purpose 66 $4,160,000 $63,000 $295,000 $69,000 $223,000
Home Improvement 50 $2,060,000 $41,000 $205,000 $77,000 $278,000
Not Applicable 20 $1,330,000 $66,000 $185,000 $56,000 $56,000

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 675 $74,595,000 $110,000 $795,000 $83,000 $8,891,000
Not applicable 116 $14,490,000 $124,000 $1,885,000 $78,000 $182,000
Not Provided 68 $8,360,000 $122,000 $545,000 $69,000 $236,000
Hispanic 35 $2,745,000 $78,000 $315,000 $57,000 $475,000
Asian 15 $1,515,000 $101,000 $165,000 $39,000 $100,000
Black or African American 5 $645,000 $129,000 $265,000 $54,000 $80,000
American Indian or Alaskan Native 5 $395,000 $79,000 $135,000 $36,000 $54,000
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) 621 $68,345,000 $110,000 $1,885,000 $92,000 $8,891,000
FHA-insured (Federal Housing Administration) 180 $18,130,000 $100,000 $295,000 $48,000 $158,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 63 $6,685,000 $106,000 $225,000 $45,000 $85,000
VA-guaranteed (Veterans Administration) 58 $9,980,000 $172,000 $595,000 $62,000 $142,000

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 543 $63,435,000 $116,000 $1,885,000 $89,000 $8,891,000
Application Denied By Financial Institution 130 $11,870,000 $91,000 $455,000 $55,000 $285,000
Loan Purchased By The Institution 112 $12,580,000 $112,000 $395,000 $85,000 $182,000
Application Withdrawn By Applicant 79 $7,835,000 $99,000 $595,000 $58,000 $177,000
File Closed For Incompleteness 43 $5,125,000 $119,000 $505,000 $88,000 $374,000
Application Approved But Not Accepted 15 $2,295,000 $153,000 $595,000 $80,000 $215,000
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
Not applicable 785 $90,715,000 $115,000 $1,885,000 $84,000 $8,891,000
Credit History 46 $3,380,000 $73,000 $455,000 $63,000 $285,000
Debt-To-Income Ratio 34 $2,860,000 $84,000 $235,000 $70,000 $938,000
Collateral 28 $3,030,000 $108,000 $315,000 $64,000 $205,000
Credit Application Incomplete 16 $1,740,000 $108,000 $225,000 $45,000 $96,000
Other 7 $815,000 $116,000 $275,000 $62,000 $150,000
Insufficient Cash (Downpayment, Closing Cost) 3 $235,000 $78,000 $135,000 $41,000 $69,000
Unverifiable Information 2 $140,000 $70,000 $95,000 $45,000 $53,000
Employment History 1 $225,000 $225,000 $225,000 $90,000 $90,000
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