Freeborn County MN
Mortgage Loan Application
Totals and Details
for 2020

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 1,310
Total Mortgage Loan Application Amount $188,510,000
Average Mortgage Loan Application Amount $143,000
Highest Mortgage Loan Application Amount $5,415,000
Average Applicant Income $85,000
Highest Applicant Income $899,000

Mortgage Company List for Lending in Freeborn County MN for 2020

* 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
* $ 486,004,220,000 176 $ 20,360,000
HOME FEDERAL SAVINGS BANK
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 777,069,000 156 $ 20,610,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 85 $ 11,545,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,712,919,000,000 72 $ 9,860,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 48 $ 8,910,000
MANUFACTURERS BANK & TRUST COMPANY
245 EAST J ST, PO BOX 450
FOREST CITY, IA 50436
* $ 370,704,000 41 $ 5,495,000
CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 1,531,129,000 36 $ 4,280,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 33 $ 5,975,000
LAND HOME FINANCIAL SERVICES, INC.
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 25 $ 3,155,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 13,105,582,000 24 $ 3,900,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 24 $ 4,220,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 21 $ 3,225,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 19 $ 2,605,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 707,275,000 16 $ 2,300,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 112,384,202,000 16 $ 910,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 353,740,000 15 $ 2,435,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 14 $ 2,300,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 13 $ 1,805,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 13 $ 2,435,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 12 $ 1,950,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 11 $ 1,615,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 10 $ 340,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 10 $ 820,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 10 $ 1,260,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 10 $ 1,480,000
ROUNDBANK
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 325,074,000 10 $ 1,380,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 9 $ 1,155,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 9 $ 1,735,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 9 $ 1,385,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,864,126,000 8 $ 1,360,000
AXIA FINANCIAL, LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 8 $ 1,070,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 7 $ 1,155,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 7 $ 1,195,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,399,512,000 7 $ 505,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 7 $ 625,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 7 $ 1,055,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 6 $ 1,260,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 5 $ 875,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 5 $ 1,155,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 6,492,180,000 5 $ 945,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 5 $ 975,000
MARINE
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 857,609,000 5 $ 525,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 5 $ 355,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 4 $ 390,000
AMERICAN BANK OF THE NORTH
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 529,062,000 4 $ 510,000
TOPLINE FEDERAL CREDIT UNION
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ 470,364,000 4 $ 240,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 4 $ 420,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 4 $ 330,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 2,177,570,000 4 $ 890,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 23,234,514,000 4 $ 510,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 4 $ 170,000
IOWA BANKERS MORTGAGE CORPORATION
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 4 $ 500,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 4 $ 670,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 4 $ 550,000
FLANAGAN STATE BANK
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 191,043,000 3 $ 185,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 275,000
CAMBRIA FINANCIAL GROUP, LLC
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 3 $ 625,000
GUARANTY HOME MORTGAGE CORPORATION
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 3 $ 495,000
LEND SMART MORTGAGE, LLC
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ -1,000 3 $ 495,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 3 $ 815,000
THINK MUTUAL BANK
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,669,828,000 3 $ 525,000
COMMUNITY BANK MANKATO
300 ST ANDREWS DR
MANKATO, MN 56001
* $ 333,412,000 3 $ 475,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 425,000
CITIZENS BANK MINNESOTA
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 432,148,000 2 $ 170,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 2 $ 370,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 2 $ 220,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,354,874,000 2 $ 230,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 46,627,366,000 2 $ 1,570,000
NATIONS RELIABLE LENDING, LLC
2506 W MAIN STREET
HOUSTON, TX 77056
* $ -1,000 2 $ 390,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 2 $ 400,000
ROUNDPOINT MORTGAGE SERVICING CORPORATION
5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8
CHARLOTTE, NC 28219
* $ -1,000 2 $ 390,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 2 $ 230,000
FARMERS STATE BANK
131 TOWER PARK DRIVE SUITE 100
WATERLOO, IA 50701
* $ 1,168,632,000 2 $ 1,390,000
MORTGAGES UNLIMITED INC.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 2 $ 110,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 32,343,129,000 2 $ 130,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 2 $ 260,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 2 $ 200,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 2 $ 280,000
FIREFLY
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 1,379,124,000 2 $ 90,000
CENTRAL BANK
600 LAKE AVENUE
STORM LAKE, IA 50588
* $ 929,943,000 2 $ 150,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 604,528,000 2 $ 340,000
TAYLOR MORRISON HOME FUNDING, INC
3257 E. GUASTI ROAD, SUITE #320
ONTAIO, CA 91761
* $ -1,000 2 $ 170,000
MIDWEST HERITAGE BANK FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 285,828,000 2 $ 280,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,633,125,000 2 $ 170,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 340,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 135,000
MINNESOTA VALLEY FEDERAL CREDIT UNION
1640 ADAMS ST
MANKATO, MN 56001
* $ 182,880,000 1 $ 75,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 105,000
CENTIER BANK
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 4,694,690,000 1 $ 25,000
RESULTS MORTGAGE, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 1 $ 215,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 1 $ 75,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 1 $ 515,000
COMMUNITY RESOURCE BANK
1605 HERITAGE DRIVE
NORTHFIELD, MN 55057
* $ 311,596,000 1 $ 35,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 1 $ 115,000
OLD NATIONAL BANK
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 20,311,535,000 1 $ 145,000
THRIVENT FEDERAL CREDIT UNION
625 FOURTH AVE S
MINNEAPOLIS, MN 55415
* $ 629,553,000 1 $ 335,000
NORTHVIEW BANK
510 MAIN
SANDSTONE, MN 55072
* $ 327,028,000 1 $ 225,000
PIONEER BANK
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ 658,193,000 1 $ 215,000
CITIZENS BANCSHARES OF WOODVILLE, INC.
375 STAGELINE RD PO BOX 247
HUDSON, WI 54016
* $ 223,068,000 1 $ 35,000
BAXTER CREDIT UNION
340 N MILWAUKEE AVE
VERNON HILLS, IL 60061
* $ 3,921,403,000 1 $ 205,000
WATERSTONE MORTGAGE CORPORATION
N25 W23255 PAUL ROAD
PEWAUKEE, WI 53072
* $ -1,000 1 $ 125,000
COULEE BANK
1516 LOSEY BLVD. S.
LA CROSSE, WI 54601
* $ 386,378,000 1 $ 685,000
SOVEREIGN LENDING GROUP INCORPORATED
3540 HOWARD WAY STE # 200
COSTA MESA, CA 92626
* $ -1,000 1 $ 225,000
CHICKASAW COMMUNITY BANK
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73108
* $ 198,963,000 1 $ 75,000
OAK BANK
5951 MCKEE ROAD STE 100
FITCHBURG, WI 53719
* $ 321,362,000 1 $ 125,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 1 $ 75,000
HOMESIDE FINANCIAL, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 155,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 165,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ -1,000 1 $ 105,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 95,000
STIFEL BANK AND TRUST
501 N BROADWAY
ST. LOUIS, MO 63141
* $ 14,144,676,000 1 $ 245,000
LENOX FINANCIAL MORTGAGE CORPORATION
200 E. SANDPOINTE SUITE 800
SANTA ANA, CA 92707
* $ -1,000 1 $ 175,000
ALTRA
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,668,081,000 1 $ 25,000
KELLER MORTGAGE, LLC
4725 LAKEHURST CT SUITE 400
DUBLIN, OH 43016
* $ -1,000 1 $ 95,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ -1,000 1 $ 155,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 1 $ 75,000
BANK MIDWEST
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 948,772,000 1 $ 105,000
EQUITY PRIME MORTGAGE LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 135,000
FIRST BANK & TRUST
110 N. MINNESOTA AVE
SIOUX FALLS, SD 57104
* $ 1,024,331,000 1 $ 55,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,237,913,000 1 $ 75,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,708,246,000 1 $ 205,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 24,774,361,000 1 $ 145,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 137,588,093,000 1 $ 105,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 397,703,264,000 1 $ 65,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 1 $ 215,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ -1,000 1 $ 265,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 1 $ 85,000
SOFI LENDING CORP.
375 HEALDSBURG AVENUE, SUITE 280
HEALDSBURG, CA 95448
* $ -1,000 1 $ 215,000
COLLIERS MORTGAGE LLC
90 SOUTH SEVENTH ST. SUITE 4300
MINNEAPOLIS, MN 55402
* $ -1,000 1 $ 5,415,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 1 $ 105,000
BANKVISTA
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 347,062,000 1 $ 135,000
ARVEST BANK
201 W WALNUT
ROGERS, AR 72756
* $ 19,445,554,000 1 $ 145,000
NORTHWEST BANK
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,688,814,000 1 $ 295,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 1 $ 65,000
GUIDANCE RESIDENTIAL, LLC
11107 SUNSET HILLS ROAD, STES 100 & 200
RESTON, VA 20190
* $ -1,000 1 $ 105,000
ENTERPRISE BANK & TRUST
150 N. MERAMEC AVE.
CLAYTON, MO 63105
* $ 7,293,396,000 1 $ 55,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ -1,000 1 $ 255,000
THIRD FEDERAL SAVINGS AND LOAN ASSOCIATION OF CLEVELAND
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 14,789,845,000 1 $ 25,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 105,000

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 2020

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 527 $72,065,000 $136,000 $685,000 $66,000 $304,000
Refinancing 439 $74,975,000 $170,000 $5,415,000 $104,000 $899,000
Cash-out Refinancing 222 $33,570,000 $151,000 $485,000 $94,000 $816,000
Other Purpose 63 $4,065,000 $64,000 $405,000 $83,000 $605,000
Home Improvement 34 $1,820,000 $53,000 $205,000 $83,000 $267,000
Not Applicable 25 $2,015,000 $80,000 $145,000 $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 1,017 $144,095,000 $141,000 $785,000 $87,000 $899,000
Not applicable 106 $20,390,000 $192,000 $5,415,000 $50,000 $71,000
Not Provided 102 $14,470,000 $141,000 $385,000 $85,000 $654,000
Hispanic 40 $4,070,000 $101,000 $375,000 $61,000 $215,000
Asian 24 $2,900,000 $120,000 $445,000 $61,000 $236,000
Black or African American 11 $1,465,000 $133,000 $305,000 $56,000 $98,000
American Indian or Alaskan Native 3 $335,000 $111,000 $195,000 $52,000 $81,000
Native Hawaiian or Other Pacific Islander 1 $165,000 $165,000 $165,000 $71,000 $71,000

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) 969 $135,105,000 $139,000 $1,005,000 $92,000 $899,000
FHA-insured (Federal Housing Administration) 186 $28,090,000 $151,000 $5,415,000 $51,000 $129,000
VA-guaranteed (Veterans Administration) 100 $18,760,000 $187,000 $415,000 $68,000 $157,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 55 $6,555,000 $119,000 $245,000 $47,000 $85,000

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 802 $122,960,000 $153,000 $5,415,000 $88,000 $899,000
Application Denied By Financial Institution 187 $21,465,000 $114,000 $445,000 $65,000 $351,000
Application Withdrawn By Applicant 155 $21,765,000 $140,000 $785,000 $90,000 $710,000
Loan Purchased By The Institution 99 $12,715,000 $128,000 $465,000 $130,000 $899,000
File Closed For Incompleteness 41 $5,615,000 $136,000 $285,000 $86,000 $318,000
Application Approved But Not Accepted 26 $3,990,000 $153,000 $365,000 $87,000 $192,000
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 1,058 $157,810,000 $149,000 $5,415,000 $89,000 $899,000
Debt-To-Income Ratio 97 $13,525,000 $139,000 $685,000 $67,000 $196,000
Credit History 62 $6,660,000 $107,000 $385,000 $69,000 $267,000
Collateral 32 $3,410,000 $106,000 $345,000 $68,000 $157,000
Credit Application Incomplete 31 $4,095,000 $132,000 $275,000 $62,000 $136,000
Other 21 $2,095,000 $99,000 $225,000 $68,000 $110,000
Unverifiable Information 8 $870,000 $108,000 $425,000 $91,000 $351,000
Employment History 1 $45,000 $45,000 $45,000 $105,000 $105,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
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