Alerus Financial, National Association
Mortgage Loan Application
Totals and Details
for 2012

Find mortgage loan statistics, lending data, and loan application totals for North Dakota.
The mortgage statistics and data below are specific to mortgage loan applications for Alerus Financial, National Association.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.

Mortgage Company & Address Alerus Financial, National Association
Po Box 6001
Grand Forks, ND 58206
Tel #: available with data download
Federal Regulator * available with data download
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 5,976
Total Mortgage Loan Application Amount $1,282,389,000
Average Mortgage Loan Application Amount $162,000
Highest Mortgage Loan Application Amount $3,893,000
Average Applicant Income $108,000
Highest Applicant Income $9,454,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in ND, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Alerus Financial, National Association by County in 2012

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Hennepin County Minnesota 2,391 $ 586,893,000 $ 245,000 $ 126,000
Ramsey County Minnesota 556 $ 118,228,000 $ 212,000 $ 126,000
Grand Forks County North Dakota 535 $ 70,590,000 $ 131,000 $ 119,000
Cass County North Dakota 434 $ 66,418,000 $ 153,000 $ 105,000
Dakota County Minnesota 372 $ 79,665,000 $ 214,000 $ 107,000
Anoka County Minnesota 308 $ 58,599,000 $ 190,000 $ 85,000
Washington County Minnesota 275 $ 66,530,000 $ 241,000 $ 107,000
Carver County Minnesota 159 $ 45,469,000 $ 285,000 $ 139,000
Scott County Minnesota 139 $ 32,240,000 $ 231,000 $ 107,000
Polk County Minnesota 81 $ 9,857,000 $ 121,000 $ 82,000
Wright County Minnesota 63 $ 13,343,000 $ 211,000 $ 93,000
Clay County Minnesota 56 $ 7,282,000 $ 130,000 $ 91,000
Sherburne County Minnesota 51 $ 8,566,000 $ 167,000 $ 76,000
Maricopa County Arizona 31 $ 7,743,000 $ 249,000 $ 257,000
Crow Wing County Minnesota 29 $ 8,233,000 $ 283,000 $ 190,000
Becker County Minnesota 25 $ 6,578,000 $ 263,000 $ 199,000
St. Croix County Wisconsin 20 $ 5,022,000 $ 251,000 $ 122,000
Chisago County Minnesota 18 $ 3,303,000 $ 183,000 $ 65,000
Hubbard County Minnesota 17 $ 4,075,000 $ 239,000 $ 244,000
Isanti County Minnesota 16 $ 2,668,000 $ 166,000 $ 74,000
Traill County North Dakota 15 $ 1,372,000 $ 91,000 $ 73,000
Marshall County Minnesota 11 $ 894,000 $ 81,000 $ 50,000
Otter Tail County Minnesota 11 $ 2,633,000 $ 239,000 $ 188,000
St. Louis County Minnesota 11 $ 2,332,000 $ 212,000 $ 195,000
Richland County North Dakota 10 $ 1,411,000 $ 141,000 $ 185,000
Douglas County Minnesota 9 $ 2,287,000 $ 254,000 $ 165,000
Pine County Minnesota 9 $ 1,300,000 $ 144,000 $ 130,000
Rice County Minnesota 9 $ 1,825,000 $ 202,000 $ 114,000
Beltrami County Minnesota 8 $ 2,226,000 $ 278,000 $ 504,000
Cass County Minnesota 8 $ 2,312,000 $ 289,000 $ 179,000
Mille Lacs County Minnesota 8 $ 1,546,000 $ 193,000 $ 147,000
Norman County Minnesota 8 $ 793,000 $ 99,000 $ 62,000
Burleigh County North Dakota 8 $ 1,709,000 $ 213,000 $ 149,000
Nelson County North Dakota 8 $ 701,000 $ 87,000 $ 158,000
Lee County Florida 7 $ 1,369,000 $ 195,000 $ 184,000
Aitkin County Minnesota 7 $ 1,480,000 $ 211,000 $ 203,000
Polk County Wisconsin 7 $ 1,294,000 $ 184,000 $ 138,000
Washburn County Wisconsin 7 $ 1,423,000 $ 203,000 $ 155,000
Cook County Minnesota 6 $ 1,349,000 $ 224,000 $ 316,000
Lake County Minnesota 6 $ 1,915,000 $ 319,000 $ 304,000
Collier County Florida 5 $ 1,869,000 $ 373,000 $ 357,000
Le Sueur County Minnesota 5 $ 1,250,000 $ 250,000 $ 81,000
Mahnomen County Minnesota 5 $ 544,000 $ 108,000 $ 96,000
Burnett County Wisconsin 5 $ 952,000 $ 190,000 $ 160,000
Sawyer County Wisconsin 5 $ 1,617,000 $ 323,000 $ 242,000
Goodhue County Minnesota 4 $ 690,000 $ 172,000 $ 86,000
Kandiyohi County Minnesota 4 $ 682,000 $ 170,000 $ 81,000
McLeod County Minnesota 4 $ 532,000 $ 133,000 $ 85,000
Meeker County Minnesota 4 $ 888,000 $ 222,000 $ 176,000
Morrison County Minnesota 4 $ 812,000 $ 203,000 $ 126,000
Nicollet County Minnesota 4 $ 531,000 $ 132,000 $ 63,000
Olmsted County Minnesota 4 $ 529,000 $ 132,000 $ 105,000
Stearns County Minnesota 4 $ 988,000 $ 247,000 $ 165,000
Riverside County California 3 $ 1,162,000 $ 387,000 $ 258,000
Manatee County Florida 3 $ 949,000 $ 316,000 $ 269,000
Blue Earth County Minnesota 3 $ 624,000 $ 208,000 $ 62,000
Lake of the Woods County Minnesota 3 $ 491,000 $ 163,000 $ 112,000
Pembina County North Dakota 3 $ 188,000 $ 62,000 $ 66,000
Walsh County North Dakota 3 $ 225,000 $ 75,000 $ 76,000
Franklin County Ohio 3 $ 1,628,000 $ 542,000 $ 1,274,000
Barron County Wisconsin 3 $ 656,000 $ 218,000 $ 195,000
Pinal County Arizona 2 $ 199,000 $ 99,000 $ 140,000
Los Angeles County California 2 $ 735,000 $ 367,000 $ 150,000
Jefferson County Colorado 2 $ 342,000 $ 171,000 $ 62,000
Miami-Dade County Florida 2 $ 567,000 $ 283,000 $ 472,000
Sarasota County Florida 2 $ 435,000 $ 217,000 $ 228,000
Sumter County Florida 2 $ 399,000 $ 199,000 $ 95,000
Itasca County Minnesota 2 $ 384,000 $ 192,000 $ 132,000
Kittson County Minnesota 2 $ 142,000 $ 71,000 $ 46,000
Steele County Minnesota 2 $ 288,000 $ 144,000 $ 291,000
Todd County Minnesota 2 $ 480,000 $ 240,000 $ 209,000
Clark County Nevada 2 $ 430,000 $ 215,000 $ 262,000
Barnes County North Dakota 2 $ 280,000 $ 140,000 $ 49,000
Ransom County North Dakota 2 $ 189,000 $ 94,000 $ 66,000
Steele County North Dakota 2 $ 160,000 $ 80,000 $ 73,000
Williams County North Dakota 2 $ 426,000 $ 213,000 $ 65,000
Minnehaha County South Dakota 2 $ 209,000 $ 104,000 $ 51,000
King County Washington 2 $ 894,000 $ 447,000 $ 186,000
Dane County Wisconsin 2 $ 696,000 $ 348,000 $ 81,000
Pepin County Wisconsin 2 $ 324,000 $ 162,000 $ 160,000
Pima County Arizona 1 $ 146,000 $ 146,000 $ 112,000
Benton County Arkansas 1 $ 303,000 $ 303,000 $ 110,000
Faulkner County Arkansas 1 $ 360,000 $ 360,000 $ 178,000
Alameda County California 1 $ 625,000 $ 625,000 $ 142,000
Orange County California 1 $ 267,000 $ 267,000 $ 60,000
Sacramento County California 1 $ 380,000 $ 380,000 $ 200,000
Stanislaus County California 1 $ 175,000 $ 175,000 $ 469,000
Arapahoe County Colorado 1 $ 187,000 $ 187,000 $ 61,000
Denver County Colorado 1 $ 172,000 $ 172,000 $ 98,000
Eagle County Colorado 1 $ 348,000 $ 348,000 $ 181,000
El Paso County Colorado 1 $ 150,000 $ 150,000 $ 51,000
Gunnison County Colorado 1 $ 120,000 $ 120,000 $ 128,000
Routt County Colorado 1 $ 417,000 $ 417,000 $ 267,000
Summit County Colorado 1 $ 83,000 $ 83,000 $ 66,000
Fairfield County Connecticut 1 $ 600,000 $ 600,000 $ 190,000
District of Columbia County District Of Columbia 1 $ 350,000 $ 350,000 $ 230,000
Broward County Florida 1 $ 417,000 $ 417,000 $ 2,373,000
Charlotte County Florida 1 $ 208,000 $ 208,000 $ 126,000
Orange County Florida 1 $ 140,000 $ 140,000 $ 210,000
Chatham County Georgia 1 $ 345,000 $ 345,000 $ 106,000
Glynn County Georgia 1 $ 79,000 $ 79,000 $ 109,000
Henry County Georgia 1 $ 86,000 $ 86,000 $ 101,000
Kootenai County Idaho 1 $ 417,000 $ 417,000 $ 192,000
DuPage County Illinois 1 $ 221,000 $ 221,000 $ 113,000
Fulton County Illinois 1 $ 60,000 $ 60,000 $ 87,000
Lake County Illinois 1 $ 292,000 $ 292,000 $ 206,000
Dickinson County Iowa 1 $ 415,000 $ 415,000 $ 142,000
Linn County Iowa 1 $ 306,000 $ 306,000 $ 123,000
Polk County Iowa 1 $ 244,000 $ 244,000 $ 862,000
Cheboygan County Michigan 1 $ 220,000 $ 220,000 $ 174,000
Kent County Michigan 1 $ 133,000 $ 133,000 $ 65,000
Leelanau County Michigan 1 $ 190,000 $ 190,000 $ 320,000
St. Joseph County Michigan 1 $ 125,000 $ 125,000 $ 168,000
Benton County Minnesota 1 $ 333,000 $ 333,000 $ 136,000
Carlton County Minnesota 1 $ 112,000 $ 112,000 $ 0
Fillmore County Minnesota 1 $ 275,000 $ 275,000 $ 125,000
Freeborn County Minnesota 1 $ 111,000 $ 111,000 $ 240,000
Houston County Minnesota 1 $ 205,000 $ 205,000 $ 295,000
Lac qui Parle County Minnesota 1 $ 40,000 $ 40,000 $ 185,000
Mower County Minnesota 1 $ 208,000 $ 208,000 $ 69,000
Pennington County Minnesota 1 $ 68,000 $ 68,000 $ 29,000
Pope County Minnesota 1 $ 296,000 $ 296,000 $ 135,000
Red Lake County Minnesota 1 $ 140,000 $ 140,000 $ 30,000
Roseau County Minnesota 1 $ 57,000 $ 57,000 $ 69,000
Sibley County Minnesota 1 $ 239,000 $ 239,000 $ 0
Wabasha County Minnesota 1 $ 92,000 $ 92,000 $ 87,000
Wilkin County Minnesota 1 $ 189,000 $ 189,000 $ 106,000
Jackson County Missouri 1 $ 111,000 $ 111,000 $ 0
St. Louis County Missouri 1 $ 154,000 $ 154,000 $ 37,000
Douglas County Nebraska 1 $ 214,000 $ 214,000 $ 162,000
Morris County New Jersey 1 $ 616,000 $ 616,000 $ 284,000
Ocean County New Jersey 1 $ 368,000 $ 368,000 $ 125,000
San Juan County New Mexico 1 $ 255,000 $ 255,000 $ 312,000
Santa Fe County New Mexico 1 $ 180,000 $ 180,000 $ 37,000
New Hanover County North Carolina 1 $ 225,000 $ 225,000 $ 300,000
Cavalier County North Dakota 1 $ 72,000 $ 72,000 $ 48,000
Griggs County North Dakota 1 $ 62,000 $ 62,000 $ 79,000
Mercer County North Dakota 1 $ 97,000 $ 97,000 $ 58,000
Stark County North Dakota 1 $ 141,000 $ 141,000 $ 64,000
Butler County Ohio 1 $ 216,000 $ 216,000 $ 60,000
Cuyahoga County Ohio 1 $ 180,000 $ 180,000 $ 1,146,000
Madison County Ohio 1 $ 188,000 $ 188,000 $ 71,000
Warren County Ohio 1 $ 280,000 $ 280,000 $ 133,000
Clackamas County Oregon 1 $ 140,000 $ 140,000 $ 66,000
Lane County Oregon 1 $ 270,000 $ 270,000 $ 120,000
Charleston County South Carolina 1 $ 406,000 $ 406,000 $ 93,000
Brown County South Dakota 1 $ 126,000 $ 126,000 $ 150,000
Union County South Dakota 1 $ 238,000 $ 238,000 $ 102,000
Cumberland County Tennessee 1 $ 246,000 $ 246,000 $ 125,000
Dickson County Tennessee 1 $ 15,000 $ 15,000 $ 65,000
Shelby County Tennessee 1 $ 415,000 $ 415,000 $ 223,000
Denton County Texas 1 $ 368,000 $ 368,000 $ 225,000
Llano County Texas 1 $ 342,000 $ 342,000 $ 100,000
Bayfield County Wisconsin 1 $ 157,000 $ 157,000 $ 372,000
Brown County Wisconsin 1 $ 100,000 $ 100,000 $ 53,000
Chippewa County Wisconsin 1 $ 102,000 $ 102,000 $ 46,000
Crawford County Wisconsin 1 $ 165,000 $ 165,000 $ 128,000
Door County Wisconsin 1 $ 323,000 $ 323,000 $ 223,000
La Crosse County Wisconsin 1 $ 98,000 $ 98,000 $ 225,000
Manitowoc County Wisconsin 1 $ 105,000 $ 105,000 $ 28,000
Marathon County Wisconsin 1 $ 191,000 $ 191,000 $ 77,000
Milwaukee County Wisconsin 1 $ 260,000 $ 260,000 $ 174,000
Outagamie County Wisconsin 1 $ 123,000 $ 123,000 $ 64,000
Pierce County Wisconsin 1 $ 911,000 $ 911,000 $ 270,000
Rusk County Wisconsin 1 $ 171,000 $ 171,000 $ 159,000
Sheboygan County Wisconsin 1 $ 210,000 $ 210,000 $ 117,000
Vilas County Wisconsin 1 $ 340,000 $ 340,000 $ 208,000
Waukesha County Wisconsin 1 $ 302,000 $ 302,000 $ 105,000
Winnebago County Wisconsin 1 $ 95,000 $ 95,000 $ 86,000
Wood County Wisconsin 1 $ 122,000 $ 122,000 $ 89,000
Sublette County Wyoming 1 $ 281,000 $ 281,000 $ 233,000
Teton County Wyoming 1 $ 417,000 $ 417,000 $ 1,136,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of North Dakota, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Alerus Financial, National Association 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 3,346 $742,891,000 $222,000 $3,893,000 $128,000 $9,454,000
Home Purchase 2,506 $532,994,000 $212,000 $1,440,000 $118,000 $2,373,000
Home Improvement 124 $6,504,000 $52,000 $351,000 $78,000 $446,000

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 5,519 $1,187,469,000 $215,000 $1,790,000 $122,000 $9,454,000
Not Provided 169 $32,331,000 $191,000 $875,000 $151,000 $1,840,000
Asian 133 $28,436,000 $213,000 $417,000 $128,000 $740,000
Hispanic 55 $11,376,000 $206,000 $417,000 $111,000 $731,000
Black or African American 54 $11,087,000 $205,000 $417,000 $110,000 $562,000
Not applicable 27 $8,139,000 $301,000 $3,893,000 $0 $0
Native Hawaiian or Other Pacific Islander 10 $2,130,000 $213,000 $417,000 $159,000 $855,000
American Indian or Alaskan Native 9 $1,421,000 $157,000 $302,000 $117,000 $442,000

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) 4,792 $1,064,492,000 $222,000 $3,893,000 $140,000 $9,454,000
FHA-insured (Federal Housing Administration) 1,046 $188,544,000 $180,000 $471,000 $52,000 $550,000
VA-guaranteed (Veterans Administration) 138 $29,353,000 $212,000 $667,000 $61,000 $275,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

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 5,448 $1,175,404,000 $215,000 $3,893,000 $123,000 $9,454,000
Application Withdrawn By Applicant 309 $72,163,000 $233,000 $1,790,000 $125,000 $1,840,000
Application Denied By Financial Institution 146 $26,021,000 $178,000 $1,424,000 $103,000 $1,084,000
Application Approved But Not Accepted 63 $7,637,000 $121,000 $675,000 $98,000 $446,000
Preapproval Denied by Financial Institution 10 $1,164,000 $116,000 $208,000 $44,000 $130,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 63 $15,960,000 $253,000 $1,424,000 $154,000 $1,084,000
Debt-To-Income Ratio 35 $4,382,000 $125,000 $260,000 $46,000 $130,000
Credit History 34 $3,181,000 $93,000 $264,000 $66,000 $212,000
Other 13 $2,225,000 $171,000 $323,000 $127,000 $372,000
Employment History 6 $710,000 $118,000 $263,000 $29,000 $62,000
Insufficient Cash (Downpayment, Closing Cost) 4 $599,000 $149,000 $190,000 $36,000 $51,000
Unverifiable Information 1 $128,000 $128,000 $128,000 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in ND, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in North Dakota, and search similar information at your convenience.

Download the North Dakota Lender List