Lake County MN
Mortgage Loan Application
Totals and Details
for 2021

Find mortgage statistics and lending data for the Lake 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 Lake 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 775
Total Mortgage Loan Application Amount $149,365,000
Average Mortgage Loan Application Amount $192,000
Highest Mortgage Loan Application Amount $2,175,000
Average Applicant Income $118,000
Highest Applicant Income $2,039,000

Mortgage Company List for Lending in Lake County MN for 2021

* 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
TWO HARBORS FEDERAL CREDIT UNION
801 11TH ST
TWO HARBORS, MN 55616
* $ -1,000 84 $ 9,360,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 52 $ 11,310,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,747,398,000,000 42 $ 8,770,000
AMERICAN BANK OF THE NORTH
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 529,062,000 31 $ 6,625,000
NORTH SHORE FEDERAL CREDIT UNION
85 OUTER DR
SILVER BAY, MN 55614
* $ -1,000 27 $ 3,785,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,399,512,000 25 $ 2,985,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,708,246,000 24 $ 4,780,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 18 $ 3,210,000
NORTHVIEW BANK
510 MAIN
SANDSTONE, MN 55072
* $ 327,028,000 17 $ 4,565,000
NATIONAL BANK OF COMMERCE
1127 TOWER AVE
SUPERIOR, WI 54880
* $ 994,623,000 16 $ 4,040,000
NORTH SHORE BANK OF COMMERCE
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 286,645,000 16 $ 3,940,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 15 $ 2,815,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 14 $ 3,310,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 13 $ 1,855,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 12 $ 2,680,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 12 $ 1,680,000
LEND SMART MORTGAGE, LLC
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ -1,000 11 $ 2,035,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 11 $ 2,085,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 10 $ 1,530,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 9 $ 1,425,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 8 $ 1,750,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
NEW YORK, NY 10013
* $ -1,000 8 $ 1,610,000
HANCOCK MORTGAGE PARTNERS, LLC
ONE SUGAR CREEK CENTER BLVD SUITE 1000
SUGAR LAND, TX 77478
* $ -1,000 8 $ 1,210,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 6,492,180,000 8 $ 3,210,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 8 $ 1,710,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 6 $ 1,140,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 5 $ 755,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 98,729,134,000 5 $ 285,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 5 $ 715,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 5 $ 1,005,000
MEMBERS COOPERATIVE
4628 MIKE COLALILLO DR
DULUTH, MN 55807
* $ 796,073,000 5 $ 565,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 5 $ 1,325,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 32,343,129,000 5 $ 825,000
RESULTS MORTGAGE, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 5 $ 1,405,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 4 $ 470,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 4 $ 1,160,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,354,874,000 4 $ 1,290,000
SOVEREIGN LENDING GROUP INCORPORATED
3540 HOWARD WAY STE # 200
COSTA MESA, CA 92626
* $ -1,000 4 $ 900,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 4 $ 960,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 4 $ 530,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 4 $ 480,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 4 $ 690,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,633,125,000 4 $ 470,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 4 $ 760,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 4 $ 1,120,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 187,526,000 4 $ 560,000
FIRST BANK & TRUST
520 6TH STREET
BROOKINGS, SD 57006
* $ 2,069,570,000 3 $ 575,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 415,000
CHICAGO MORTGAGE SOLUTIONS LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ -1,000 3 $ 525,000
NORTHWOODS
1702 AVE B
CLOQUET, MN 55720
* $ 120,166,000 3 $ 275,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,553,647,000 3 $ 715,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 13,105,582,000 3 $ 945,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,237,913,000 3 $ 365,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 3 $ 495,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 3 $ 465,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 3 $ 645,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 3 $ 515,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 2 $ 260,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 2 $ 860,000
CORNERSTONE STATE BANK
401 4TH ST N W
MONTGOMERY, MN 56069
* $ 174,136,000 2 $ 310,000
CHOICE FINANCIAL GROUP
4501 23RD AVE S
FARGO, ND 58104
* $ 2,379,086,000 2 $ 1,010,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 2 $ 510,000
MORTGAGES UNLIMITED INC.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 2 $ 330,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 2 $ 450,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 2 $ 400,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 2 $ 230,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 700,000
OLD NATIONAL BANK
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 20,311,535,000 2 $ 540,000
TRADITION MORTGAGE, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ -1,000 2 $ 840,000
MEGASTAR FINANCIAL CORP.
1080 CHEROKEE STREET
DENVER, CO 80205
* $ -1,000 2 $ 340,000
ALTRA
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,668,081,000 2 $ 510,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 137,588,093,000 2 $ 410,000
RIVERWOOD BANK
14540 DELLWOOD DR PO BOX 2947
BAXTER, MN 56425
* $ 445,320,000 2 $ 630,000
MIDWESTONE BANK
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 4,645,441,000 2 $ 770,000
MANN FINANCIAL INC.
1220 WHITEFISH STAGE ROAD
KALISPELL, MT 59901
* $ -1,000 2 $ 170,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 2 $ 450,000
BAXTER CREDIT UNION
340 N MILWAUKEE AVE
VERNON HILLS, IL 60061
* $ 3,921,403,000 2 $ 500,000
WESTSTAR MORTGAGE CORPORATION
6363 NORTH STATE HIGHWAY 161
IRVING, TX 75038
* $ -1,000 2 $ 300,000
COLONIAL SAVINGS, F.A.
P O BOX 2988
FORT WORTH, TX 76113
* $ 1,065,955,000 2 $ 390,000
STRONG HOME MORTGAGE, LLC
9408 GRANT AVE STE 302
WOODBRIDGE, VA 22192
* $ -1,000 1 $ 375,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,864,126,000 1 $ 365,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 104,052,030,000 1 $ 75,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 1 $ 195,000
ROYAL CREDIT UNION
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54703
* $ 2,837,926,000 1 $ 285,000
SOFI LENDING CORP.
375 HEALDSBURG AVENUE, SUITE 280
HEALDSBURG, CA 95448
* $ -1,000 1 $ 235,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 1 $ 165,000
UBS BANK USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 63,780,722,000 1 $ 215,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 215,000
HOMESIDE FINANCIAL, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 135,000
CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 1,531,129,000 1 $ 2,175,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 1 $ 85,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,384,707,000,000 1 $ 125,000
JOHNSON BANK
555 MAIN STREET SUITE 490
RACINE, WI 53403
* $ 5,209,882,000 1 $ 545,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 41,950,721,000 1 $ 155,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 1 $ 195,000
BELEM SERVICING LLC
230 N 1680 E
ST GEORGE, UT 84770
* $ -1,000 1 $ 185,000
AXIA FINANCIAL, LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 1 $ 215,000
T2 FINANCIAL LLC
480 OLDE WORTHINGTON RD SUITE 300
WESTERVILLE, OH 43082
* $ -1,000 1 $ 215,000
CITIZENS BANK MINNESOTA
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 432,148,000 1 $ 55,000
ALLY BANK
2101, 300 EAST REXFORD RD
CHARLOTTE, NC 28211
* $ 167,492,000,000 1 $ 85,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 1 $ 545,000
COMPASS MORTGAGE, INC.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ -1,000 1 $ 195,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 1 $ 245,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 265,000
AMERICAN HERITAGE NATIONAL BANK
24 2ND ST S
LONG PRAIRIE, MN 56347
* $ 378,582,000 1 $ 65,000
THINK MUTUAL BANK
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,669,828,000 1 $ 205,000
HARBOR POINTE CREDIT UNION
PO BOX 161558
DULUTH, MN 55816
* $ 120,422,000 1 $ 35,000
THRIVENT FEDERAL CREDIT UNION
625 FOURTH AVE S
MINNEAPOLIS, MN 55415
* $ 629,553,000 1 $ 25,000
COMMERCE BANK
922 WALNUT, TB 12-1
KANSAS CITY, MO 64106
* $ 25,955,469,000 1 $ 765,000
TOGETHER CREDIT UNION
MICHAEL DOUGHERTY
1001 LYNCH ST., MO 63118
* $ 1,825,507,000 1 $ 205,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 445,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 1 $ 165,000
BANK MIDWEST
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 948,772,000 1 $ 295,000
TOYOTA FINANCIAL SAVINGS BANK
2485 VILLAGE VIEW DRIVE, SUITE 200
HENDERSON, NV 89074
* $ 1,047,759,000 1 $ 355,000
HOMETOWN LENDERS, INC.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 1 $ 305,000
IDEAL
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ 763,132,000 1 $ 265,000
DEERWOOD BANK
21236 ARCHIBALD ROAD
DEERWOOD, MN 56444
* $ 719,021,000 1 $ 165,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 1 $ 75,000
CHERRY CREEK MORTGAGE, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
GREENWOOD VILLAGE, CO 80111
* $ -1,000 1 $ 215,000
VALLEY NATIONAL BANK
1460 VALLEY ROAD
WAYNE, NJ 07470
* $ 37,441,578,000 1 $ 365,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 1 $ 225,000
INTERCONTINENTAL CAPITAL GROUP, INC
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ -1,000 1 $ 305,000
BANKERS' BANK
7700 MINERAL POINT RD
MADISON, WI 53717
* $ 720,844,000 1 $ 335,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 1 $ 135,000
CENTRICITY CREDIT UNION
4477 LAVAQUE RD
HERMANTOWN, MN 55811
* $ 161,055,000 1 $ 55,000
TRADITION CAPITAL BANK
7601 FRANCE AVE S
EDINA, MN 55435
* $ 911,710,000 1 $ 565,000
MERIDIAN BANK CORPORATION
9 OLD LINCOLN HIGHWAY
MALVERN, PA 19355
* $ 1,149,979,000 1 $ 225,000
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 1 $ 115,000
NP, INC.
E, 4800 N FEDERAL HWY #200
BOCA RATON, FL 33431
* $ -1,000 1 $ 325,000
REGENT FINANCIAL GROUP, INC.
1910 S 72ND STREET, STE. 103
OMAHA, NE 68135
* $ -1,000 1 $ 135,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 215,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 155,000
MIDWEST BANK
613 HWY 10 E PO BOX 703
DETROIT LAKES, MN 56501
* $ 527,460,000 1 $ 145,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ -1,000 1 $ 85,000
GUARANTY HOME MORTGAGE CORPORATION
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 255,000
THE MINERS NATIONAL BANK OF EVELETH
401 GRANT AVE
EVELETH, MN 55734
* $ 69,662,000 1 $ 175,000
LAKE AREA BANK
12790 FIRST AVE N - PO BOX 743
LINDSTROM, MN 55045
* $ 359,274,000 1 $ 65,000
AMERICAN STATE BANK
1000 JEFFREYS DR
OSCEOLA, IA 50213
* $ 221,431,000 1 $ 325,000

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 Lake County MN in 2021

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 266 $51,740,000 $194,000 $825,000 $140,000 $2,039,000
Home Purchase 262 $56,610,000 $216,000 $1,445,000 $119,000 $793,000
Cash-out Refinancing 195 $34,615,000 $177,000 $2,175,000 $92,000 $1,712,000
Other Purpose 36 $5,330,000 $148,000 $765,000 $110,000 $493,000
Home Improvement 13 $825,000 $63,000 $145,000 $82,000 $198,000
Not Applicable 3 $245,000 $81,000 $95,000 $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 617 $112,945,000 $183,000 $825,000 $115,000 $1,712,000
Not Provided 78 $16,600,000 $212,000 $565,000 $142,000 $2,039,000
Not applicable 65 $16,985,000 $261,000 $2,175,000 $112,000 $117,000
Hispanic 7 $1,615,000 $230,000 $375,000 $54,000 $113,000
American Indian or Alaskan Native 3 $305,000 $101,000 $115,000 $29,000 $65,000
Asian 3 $445,000 $148,000 $195,000 $82,000 $103,000
Black or African American 2 $470,000 $235,000 $255,000 $232,000 $366,000
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) 636 $125,120,000 $196,000 $2,175,000 $126,000 $2,039,000
VA-guaranteed (Veterans Administration) 59 $11,975,000 $202,000 $415,000 $73,000 $233,000
FHA-insured (Federal Housing Administration) 57 $8,775,000 $153,000 $325,000 $52,000 $126,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 23 $3,495,000 $151,000 $235,000 $40,000 $80,000

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 520 $101,200,000 $194,000 $2,175,000 $122,000 $2,039,000
Application Withdrawn By Applicant 91 $19,425,000 $213,000 $765,000 $102,000 $495,000
Application Denied By Financial Institution 68 $9,910,000 $145,000 $755,000 $103,000 $1,197,000
Loan Purchased By The Institution 62 $12,260,000 $197,000 $545,000 $138,000 $384,000
File Closed For Incompleteness 29 $5,735,000 $197,000 $765,000 $126,000 $869,000
Application Approved But Not Accepted 4 $630,000 $157,000 $215,000 $81,000 $132,000
Preapproval Denied by Financial Institution 1 $205,000 $205,000 $205,000 $38,000 $38,000
Preapproval Approved but not Accepted 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 675 $134,395,000 $199,000 $2,175,000 $120,000 $2,039,000
Debt-To-Income Ratio 46 $7,300,000 $158,000 $565,000 $89,000 $418,000
Credit Application Incomplete 16 $2,000,000 $125,000 $245,000 $89,000 $493,000
Collateral 15 $2,105,000 $140,000 $235,000 $170,000 $1,197,000
Credit History 11 $855,000 $77,000 $125,000 $61,000 $144,000
Other 8 $1,480,000 $185,000 $355,000 $133,000 $366,000
Unverifiable Information 2 $910,000 $455,000 $755,000 $126,000 $126,000
Employment History 1 $175,000 $175,000 $175,000 $50,000 $50,000
Insufficient Cash (Downpayment, Closing Cost) 1 $145,000 $145,000 $145,000 $73,000 $73,000
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