Lake County, MN Mortgage Lenders & HMDA Data, 2012

In 2012, lenders reported 647 mortgage applications in Lake County, MN totaling $102.8 million, up 28% from 2011. The average application was for $158,000, and applicants reported an average income of $87,000. 51% of applications resulted in an originated loan and 16% were denied. The most active lender was Wells Fargo Bank NA, with 161 applications, followed by PHH Mortgage Corporation and Guild Mortgage Company.

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Total Number of Mortgage Applications 647
Total Mortgage Loan Application Amount $102,819,000
Average Mortgage Loan Application Amount $158,000
Highest Mortgage Loan Application Amount $539,000
Average Applicant Income $87,000
Highest Applicant Income $949,000

Mortgage Company List for Lending in Lake County, MN for 2012

* 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
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,161,490,000,000 161 $ 23,186,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 66 $ 9,532,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 36 $ 6,000,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,288,658,000,000 28 $ 4,743,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,459,365,000 26 $ 2,563,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 330,470,810,000 25 $ 3,326,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,811,678,000,000 18 $ 2,814,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,997,931,000 14 $ 1,949,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 14 $ 2,020,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 168,867,640,000 12 $ 2,049,000
The Business Bank
11100 WAYZATA BLVD SUITE 150
MINNETONKA, MN 55305
* $ 196,128,000 12 $ 2,110,000
North Shore Bank of Commerce
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 226,362,000 12 $ 2,731,000
W. J. Bradley Mortgage Capital
6465 GREENWOOD PLAZA BLVD, SUITE 500
CENTENNIAL, CO 80111
* $ 10,000,000 9 $ 1,000,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,459,157,302,000 7 $ 1,387,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 7 $ 864,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 6 $ 1,203,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 1,154,398,000 6 $ 1,915,000
National Bank of Commerce
1127 TOWER AVE
SUPERIOR, WI 54880
* $ 539,612,000 6 $ 749,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,439,611,000 6 $ 1,383,000
American Bank of the North
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 618,857,000 5 $ 1,091,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ 230,524,000 5 $ 1,051,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 5 $ 1,267,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 97,264,044,000 4 $ 597,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,623,469,000 4 $ 661,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 21,715,012,000 4 $ 687,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 4 $ 601,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 4 $ 676,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 4 $ 756,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 4 $ 752,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 4 $ 677,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 4 $ 623,000
Boundary Waters Bank
11800 ABERDEEN ST NE SUITE 120
BLAINE, MN 55449
* $ 110,477,000 4 $ 521,000
Members Cooperative Credit Union
4628 MIKE COLALILLO DR
DULUTH, MN 55816
* $ 326,390,000 3 $ 247,000
Republic Bank, Inc.
306 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 314,799,000 3 $ 277,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 3 $ 539,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 3 $ 249,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 52,181,685,000 3 $ 220,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 85,381,954,000 3 $ 730,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 142,947,000 3 $ 553,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 114,540,379,000 3 $ 429,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 3 $ 321,000
Bremer Bank, NA
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 2,725,454,000 3 $ 353,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,283,070,000 2 $ 791,000
Homeservices Lending, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 2 $ 183,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,241,069,000 2 $ 462,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,736,579,000 2 $ 200,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 13,039,950,000 2 $ 268,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 2 $ 290,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 2 $ 330,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 327,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ 10,000,000 2 $ 607,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ 10,000,000 2 $ 473,000
Residential Finance Corporatio
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 2 $ 374,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 2 $ 523,000
Consumer Loan Services, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 2 $ 328,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 281,000
Topline Financial Credit Union
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ 311,607,000 2 $ 394,000
Truhome Solutions, L.L.C.
9601 LEGLER RD
LENEXA, KS 66219
* $ 1,900,000,000 2 $ 267,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 2,226,619,000 2 $ 321,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 684,696,000 2 $ 375,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,458,515,000 2 $ 780,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,681,476,000 2 $ 459,000
Crescent Mortgage Company
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 826,484,000 1 $ 98,000
Lake Area Bank
12790 FIRST AVE N - PO BOX 743
LINDSTROM, MN 55045
* $ 274,300,000 1 $ 135,000
Hermantown Federal Credit Unio
4477 LAVAQUE RD
HERMANTOWN, MN 55811
* $ 77,025,000 1 $ 45,000
Firefly
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 853,036,000 1 $ 125,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 824,231,000 1 $ 150,000
Ideal Credit Union
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ 511,010,000 1 $ 197,000
Smw Financial Credit Union
700 APOLLO DRIVE
LINO LAKES, MN 55014
* $ 56,716,000 1 $ 100,000
Mill City Credit Union
9999 WAYZATA BOULEVARD
MINNETONKA, MN 55305
* $ 285,094,000 1 $ 75,000
Endura Financial F. C. U.
820 N LILAC
MINNEAPOLIS, MN 55422
* $ 341,167,000 1 $ 241,000
Northern State Bank of Virginia
600 CHESTNUT STREET
VIRGINIA, MN 55792
* $ 60,064,000 1 $ 196,000
Flagship Bank Minnesota
1415 WAYZATA BLVD E
WAYZATA, MN 55391
* $ 108,910,000 1 $ 110,000
Beacon Bank
19765 HIGHWAY 7
SHOREWOOD, MN 55331
* $ 307,624,000 1 $ 138,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 3,393,499,000 1 $ 240,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 1 $ 177,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 1 $ 79,000
First Financial Services, Inc.
6230 FAIRVIEW RD, 450
CHARLOTTE, NC 28210
* $ 842,786,000 1 $ 340,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ 2,304,353,000 1 $ 180,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 1 $ 191,000
Cashcall, Inc.
1 CITY BLVD WEST SUITE 1000
ORANGE, CA 92868
* $ 10,000,000 1 $ 337,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 137,000
Rescue Mortgage Inc
10740 LYNDALE AVE S, SUITE 19E
BLOOMINGTON, MN 55420
* $ 1,507,000 1 $ 71,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ 10,000,000 1 $ 300,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 232,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 1 $ 98,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ 941,000 1 $ 87,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 57,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 187,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 76,887,082,000 1 $ 138,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 160,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 50,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ 8,226,000 1 $ 162,000
Central Bank
2270 FRONTAGE RD WEST
STILLWATER, MN 55082
* $ 1,120,112,000 1 $ 417,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 1 $ 130,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 330,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,291,705,000 1 $ 240,000
Georgia Banking Company
6190 POWERS FERRY ROAD, SUITE 150
ATLANTA, GA 30309
* $ 289,845,000 1 $ 117,000
First Choice Loan Services Inc.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ 669,000,000 1 $ 404,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 1 $ 190,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 619,450,000 1 $ 358,000
UBS Ag, Tampa Branch
3000 BAYPORT
TAMPA, FL 33607
* $ 1,400,000,000 1 $ 205,000
Home Federal Savings Bank
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 790,137,000 1 $ 278,000
Aurora Bank FSB
10350 PARK MEADOWS DRIVE
LONE TREE, CO 80124
* $ 4,140,785,000 1 $ 177,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 419,837,000 1 $ 153,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 4,479,945,000 1 $ 70,000
Banc of California, NA
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 984,290,000 1 $ 135,000

The tables below break down 2012 mortgage applications in Lake 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 Lake County, MN in 2012

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
Refinancing 481 $81,893,000 $170,000 $539,000 $92,000 $949,000
Home Purchase 137 $19,494,000 $142,000 $400,000 $73,000 $335,000
Home Improvement 29 $1,432,000 $49,000 $160,000 $64,000 $237,000

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 539 $83,433,000 $154,000 $458,000 $87,000 $949,000
Not Provided 49 $9,547,000 $194,000 $539,000 $108,000 $650,000
Not applicable 48 $7,998,000 $166,000 $485,000 $67,000 $729,000
Hispanic 5 $416,000 $83,000 $121,000 $37,000 $60,000
Native Hawaiian or Other Pacific Islander 2 $470,000 $235,000 $400,000 $143,000 $245,000
Asian 2 $764,000 $382,000 $382,000 $160,000 $160,000
Black or African American 1 $108,000 $108,000 $108,000 $0 $0
American Indian or Alaskan Native 1 $83,000 $83,000 $83,000 $100,000 $100,000

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) 526 $84,522,000 $160,000 $539,000 $98,000 $949,000
FHA-insured (Federal Housing Administration) 63 $9,053,000 $143,000 $275,000 $38,000 $126,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 35 $4,321,000 $123,000 $245,000 $42,000 $76,000
VA-guaranteed (Veterans Administration) 23 $4,923,000 $214,000 $410,000 $38,000 $121,000

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 330 $51,296,000 $155,000 $485,000 $89,000 $949,000
Loan Purchased By The Institution 123 $21,074,000 $171,000 $415,000 $84,000 $729,000
Application Denied By Financial Institution 102 $15,739,000 $154,000 $539,000 $80,000 $315,000
Application Withdrawn By Applicant 42 $7,265,000 $172,000 $444,000 $107,000 $600,000
Application Approved But Not Accepted 33 $4,681,000 $141,000 $315,000 $84,000 $329,000
File Closed For Incompleteness 17 $2,764,000 $162,000 $338,000 $74,000 $190,000
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
Collateral 41 $6,898,000 $168,000 $539,000 $95,000 $315,000
Debt-To-Income Ratio 16 $2,342,000 $146,000 $391,000 $51,000 $123,000
Credit History 12 $1,470,000 $122,000 $241,000 $60,000 $98,000
Other 10 $1,484,000 $148,000 $208,000 $93,000 $175,000
Unverifiable Information 8 $1,086,000 $135,000 $270,000 $89,000 $315,000
Credit Application Incomplete 2 $87,000 $43,000 $52,000 $41,000 $42,000
Insufficient Cash (Downpayment, Closing Cost) 1 $264,000 $264,000 $264,000 $53,000 $53,000
Mortgage Insurance Denied 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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