Alerus Financial, National Association
Mortgage Loan Application
Totals and Details
for 2016
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 | 4,762 |
| Total Mortgage Loan Application Amount | $1,181,480,000 |
| Average Mortgage Loan Application Amount | $199,666 |
| Highest Mortgage Loan Application Amount | $8,816,000 |
| Average Applicant Income | $110,666 |
| Highest Applicant Income | $2,900,000 |
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.
| 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 | 1,862 | $ 492,097,000 | $ 264,000 | $ 131,000 |
| Ramsey County Minnesota | 475 | $ 110,169,000 | $ 231,000 | $ 117,000 |
| Dakota County Minnesota | 339 | $ 88,120,000 | $ 259,000 | $ 124,000 |
| Cass County North Dakota | 299 | $ 86,621,000 | $ 289,000 | $ 110,000 |
| Grand Forks County North Dakota | 296 | $ 52,733,000 | $ 178,000 | $ 100,000 |
| Anoka County Minnesota | 235 | $ 52,628,000 | $ 223,000 | $ 97,000 |
| Washington County Minnesota | 215 | $ 59,200,000 | $ 275,000 | $ 138,000 |
| Carver County Minnesota | 144 | $ 38,503,000 | $ 267,000 | $ 134,000 |
| Scott County Minnesota | 110 | $ 28,884,000 | $ 262,000 | $ 125,000 |
| Wright County Minnesota | 86 | $ 19,463,000 | $ 226,000 | $ 102,000 |
| Clay County Minnesota | 61 | $ 15,162,000 | $ 248,000 | $ 64,000 |
| Maricopa County Arizona | 56 | $ 13,941,000 | $ 248,000 | $ 187,000 |
| Sherburne County Minnesota | 46 | $ 15,135,000 | $ 329,000 | $ 101,000 |
| Polk County Minnesota | 42 | $ 6,533,000 | $ 155,000 | $ 85,000 |
| St. Louis County Minnesota | 32 | $ 5,411,000 | $ 169,000 | $ 79,000 |
| Becker County Minnesota | 26 | $ 6,562,000 | $ 252,000 | $ 147,000 |
| Walsh County North Dakota | 25 | $ 2,340,000 | $ 93,000 | $ 68,000 |
| Otter Tail County Minnesota | 19 | $ 5,135,000 | $ 270,000 | $ 323,000 |
| St. Croix County Wisconsin | 17 | $ 4,070,000 | $ 239,000 | $ 105,000 |
| Chisago County Minnesota | 16 | $ 4,188,000 | $ 261,000 | $ 95,000 |
| Crow Wing County Minnesota | 14 | $ 4,836,000 | $ 345,000 | $ 340,000 |
| Isanti County Minnesota | 12 | $ 2,480,000 | $ 206,000 | $ 83,000 |
| Traill County North Dakota | 12 | $ 1,265,000 | $ 105,000 | $ 55,000 |
| Cass County Minnesota | 8 | $ 1,720,000 | $ 215,000 | $ 95,000 |
| Douglas County Wisconsin | 8 | $ 1,632,000 | $ 204,000 | $ 14,000 |
| Beltrami County Minnesota | 7 | $ 1,112,000 | $ 158,000 | $ 121,000 |
| Stearns County Minnesota | 7 | $ 1,494,000 | $ 213,000 | $ 91,000 |
| Richland County North Dakota | 7 | $ 1,494,000 | $ 213,000 | $ 103,000 |
| Polk County Wisconsin | 7 | $ 1,432,000 | $ 204,000 | $ 201,000 |
| Pine County Minnesota | 6 | $ 1,112,000 | $ 185,000 | $ 171,000 |
| Rice County Minnesota | 6 | $ 1,432,000 | $ 238,000 | $ 98,000 |
| Goodhue County Minnesota | 5 | $ 737,000 | $ 147,000 | $ 93,000 |
| Meeker County Minnesota | 5 | $ 811,000 | $ 162,000 | $ 148,000 |
| Pennington County Minnesota | 5 | $ 936,000 | $ 187,000 | $ 85,000 |
| Sibley County Minnesota | 5 | $ 771,000 | $ 154,000 | $ 136,000 |
| Burnett County Wisconsin | 5 | $ 1,120,000 | $ 224,000 | $ 157,000 |
| Cook County Illinois | 4 | $ 1,453,000 | $ 363,000 | $ 131,000 |
| Aitkin County Minnesota | 4 | $ 860,000 | $ 215,000 | $ 156,000 |
| Marshall County Minnesota | 4 | $ 208,000 | $ 52,000 | $ 51,000 |
| Washburn County Wisconsin | 4 | $ 790,000 | $ 197,000 | $ 157,000 |
| Denver County Colorado | 3 | $ 1,175,000 | $ 391,000 | $ 145,000 |
| Carlton County Minnesota | 3 | $ 208,000 | $ 69,000 | $ 39,000 |
| Cook County Minnesota | 3 | $ 739,000 | $ 246,000 | $ 144,000 |
| Fillmore County Minnesota | 3 | $ 326,000 | $ 108,000 | $ 116,000 |
| Itasca County Minnesota | 3 | $ 500,000 | $ 166,000 | $ 148,000 |
| Le Sueur County Minnesota | 3 | $ 547,000 | $ 182,000 | $ 104,000 |
| Mille Lacs County Minnesota | 3 | $ 489,000 | $ 163,000 | $ 131,000 |
| Morrison County Minnesota | 3 | $ 697,000 | $ 232,000 | $ 108,000 |
| Olmsted County Minnesota | 3 | $ 711,000 | $ 237,000 | $ 125,000 |
| LaMoure County North Dakota | 3 | $ 539,000 | $ 179,000 | $ 62,000 |
| Pembina County North Dakota | 3 | $ 192,000 | $ 64,000 | $ 62,000 |
| Pennington County South Dakota | 3 | $ 1,111,000 | $ 370,000 | $ 131,000 |
| Rutherford County Tennessee | 3 | $ 493,000 | $ 164,000 | $ 142,000 |
| Dane County Wisconsin | 3 | $ 934,000 | $ 311,000 | $ 108,000 |
| Sawyer County Wisconsin | 3 | $ 685,000 | $ 228,000 | $ 190,000 |
| Pinal County Arizona | 2 | $ 246,000 | $ 123,000 | $ 70,000 |
| Riverside County California | 2 | $ 663,000 | $ 331,000 | $ 484,000 |
| Boulder County Colorado | 2 | $ 612,000 | $ 306,000 | $ 118,000 |
| Douglas County Colorado | 2 | $ 530,000 | $ 265,000 | $ 157,000 |
| Collier County Florida | 2 | $ 725,000 | $ 362,000 | $ 461,000 |
| Lee County Florida | 2 | $ 677,000 | $ 338,000 | $ 235,000 |
| Pinellas County Florida | 2 | $ 600,000 | $ 300,000 | $ 170,000 |
| Sarasota County Florida | 2 | $ 365,000 | $ 182,000 | $ 105,000 |
| St. Johns County Florida | 2 | $ 865,000 | $ 432,000 | $ 172,000 |
| DuPage County Illinois | 2 | $ 671,000 | $ 335,000 | $ 144,000 |
| Freeborn County Minnesota | 2 | $ 334,000 | $ 167,000 | $ 131,000 |
| Koochiching County Minnesota | 2 | $ 307,000 | $ 153,000 | $ 108,000 |
| Lake of the Woods County Minnesota | 2 | $ 476,000 | $ 238,000 | $ 134,000 |
| Mahnomen County Minnesota | 2 | $ 251,000 | $ 125,000 | $ 162,000 |
| Wilkin County Minnesota | 2 | $ 230,000 | $ 115,000 | $ 86,000 |
| Jackson County Missouri | 2 | $ 679,000 | $ 339,000 | $ 120,000 |
| Ramsey County North Dakota | 2 | $ 250,000 | $ 125,000 | $ 235,000 |
| Ransom County North Dakota | 2 | $ 332,000 | $ 166,000 | $ 102,000 |
| Stutsman County North Dakota | 2 | $ 353,000 | $ 176,000 | $ 221,000 |
| Beaufort County South Carolina | 2 | $ 386,000 | $ 193,000 | $ 58,000 |
| Ashland County Wisconsin | 2 | $ 383,000 | $ 191,000 | $ 87,000 |
| Green County Wisconsin | 2 | $ 153,000 | $ 76,000 | $ 79,000 |
| Pierce County Wisconsin | 2 | $ 389,000 | $ 194,000 | $ 49,000 |
| Coconino County Arizona | 1 | $ 417,000 | $ 417,000 | $ 306,000 |
| Pima County Arizona | 1 | $ 180,000 | $ 180,000 | $ 94,000 |
| Contra Costa County California | 1 | $ 320,000 | $ 320,000 | $ 82,000 |
| Orange County California | 1 | $ 964,000 | $ 964,000 | $ 252,000 |
| Sacramento County California | 1 | $ 458,000 | $ 458,000 | $ 140,000 |
| San Diego County California | 1 | $ 364,000 | $ 364,000 | $ 165,000 |
| El Paso County Colorado | 1 | $ 284,000 | $ 284,000 | $ 216,000 |
| Larimer County Colorado | 1 | $ 380,000 | $ 380,000 | $ 150,000 |
| Hartford County Connecticut | 1 | $ 276,000 | $ 276,000 | $ 316,000 |
| Brevard County Florida | 1 | $ 38,000 | $ 38,000 | $ 54,000 |
| Indian River County Florida | 1 | $ 176,000 | $ 176,000 | $ 115,000 |
| Manatee County Florida | 1 | $ 288,000 | $ 288,000 | $ 183,000 |
| Monroe County Florida | 1 | $ 357,000 | $ 357,000 | $ 186,000 |
| Sumter County Florida | 1 | $ 234,000 | $ 234,000 | $ 74,000 |
| Volusia County Florida | 1 | $ 169,000 | $ 169,000 | $ 72,000 |
| Cobb County Georgia | 1 | $ 436,000 | $ 436,000 | $ 150,000 |
| Fayette County Georgia | 1 | $ 219,000 | $ 219,000 | $ 627,000 |
| Forsyth County Georgia | 1 | $ 252,000 | $ 252,000 | $ 131,000 |
| Fulton County Georgia | 1 | $ 219,000 | $ 219,000 | $ 120,000 |
| Kane County Illinois | 1 | $ 310,000 | $ 310,000 | $ 186,000 |
| Williamson County Illinois | 1 | $ 52,000 | $ 52,000 | $ 33,000 |
| Porter County Indiana | 1 | $ 309,000 | $ 309,000 | $ 70,000 |
| Johnson County Kansas | 1 | $ 332,000 | $ 332,000 | $ 101,000 |
| Cumberland County Maine | 1 | $ 232,000 | $ 232,000 | $ 105,000 |
| Carroll County Maryland | 1 | $ 417,000 | $ 417,000 | $ 182,000 |
| Norfolk County Massachusetts | 1 | $ 1,028,000 | $ 1,028,000 | $ 257,000 |
| Ingham County Michigan | 1 | $ 151,000 | $ 151,000 | $ 101,000 |
| Oakland County Michigan | 1 | $ 212,000 | $ 212,000 | $ 83,000 |
| Wayne County Michigan | 1 | $ 272,000 | $ 272,000 | $ 143,000 |
| Big Stone County Minnesota | 1 | $ 115,000 | $ 115,000 | $ 180,000 |
| Clearwater County Minnesota | 1 | $ 137,000 | $ 137,000 | $ 92,000 |
| Cottonwood County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 42,000 |
| Dodge County Minnesota | 1 | $ 52,000 | $ 52,000 | $ 208,000 |
| Kanabec County Minnesota | 1 | $ 294,000 | $ 294,000 | $ 475,000 |
| Kandiyohi County Minnesota | 1 | $ 372,000 | $ 372,000 | $ 489,000 |
| Kittson County Minnesota | 1 | $ 98,000 | $ 98,000 | $ 95,000 |
| Lake County Minnesota | 1 | $ 510,000 | $ 510,000 | $ 0 |
| Lincoln County Minnesota | 1 | $ 65,000 | $ 65,000 | $ 36,000 |
| Lyon County Minnesota | 1 | $ 76,000 | $ 76,000 | $ 60,000 |
| Martin County Minnesota | 1 | $ 367,000 | $ 367,000 | $ 130,000 |
| McLeod County Minnesota | 1 | $ 294,000 | $ 294,000 | $ 119,000 |
| Norman County Minnesota | 1 | $ 65,000 | $ 65,000 | $ 75,000 |
| Pope County Minnesota | 1 | $ 158,000 | $ 158,000 | $ 102,000 |
| Red Lake County Minnesota | 1 | $ 200,000 | $ 200,000 | $ 233,000 |
| Renville County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 41,000 |
| Steele County Minnesota | 1 | $ 130,000 | $ 130,000 | $ 0 |
| Swift County Minnesota | 1 | $ 19,000 | $ 19,000 | $ 185,000 |
| Waseca County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 122,000 |
| Winona County Minnesota | 1 | $ 186,000 | $ 186,000 | $ 59,000 |
| Yellow Medicine County Minnesota | 1 | $ 22,000 | $ 22,000 | $ 108,000 |
| Cascade County Montana | 1 | $ 122,000 | $ 122,000 | $ 60,000 |
| Clark County Nevada | 1 | $ 320,000 | $ 320,000 | $ 299,000 |
| Dona Ana County New Mexico | 1 | $ 310,000 | $ 310,000 | $ 435,000 |
| Suffolk County New York | 1 | $ 984,000 | $ 984,000 | $ 302,000 |
| Buncombe County North Carolina | 1 | $ 375,000 | $ 375,000 | $ 245,000 |
| New Hanover County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 75,000 |
| Barnes County North Dakota | 1 | $ 341,000 | $ 341,000 | $ 122,000 |
| Cavalier County North Dakota | 1 | $ 143,000 | $ 143,000 | $ 53,000 |
| Griggs County North Dakota | 1 | $ 78,000 | $ 78,000 | $ 50,000 |
| Nelson County North Dakota | 1 | $ 34,000 | $ 34,000 | $ 43,000 |
| Williams County North Dakota | 1 | $ 69,000 | $ 69,000 | $ 57,000 |
| Clackamas County Oregon | 1 | $ 608,000 | $ 608,000 | $ 260,000 |
| Washington County Oregon | 1 | $ 356,000 | $ 356,000 | $ 251,000 |
| Brown County South Dakota | 1 | $ 124,000 | $ 124,000 | $ 72,000 |
| Lake County South Dakota | 1 | $ 103,000 | $ 103,000 | $ 181,000 |
| Minnehaha County South Dakota | 1 | $ 80,000 | $ 80,000 | $ 88,000 |
| Turner County South Dakota | 1 | $ 8,000 | $ 8,000 | $ 52,000 |
| Union County South Dakota | 1 | $ 275,000 | $ 275,000 | $ 119,000 |
| Dallas County Texas | 1 | $ 394,000 | $ 394,000 | $ 235,000 |
| Waller County Texas | 1 | $ 376,000 | $ 376,000 | $ 77,000 |
| Virginia Beach County Virginia | 1 | $ 219,000 | $ 219,000 | $ 0 |
| King County Washington | 1 | $ 255,000 | $ 255,000 | $ 101,000 |
| Chippewa County Wisconsin | 1 | $ 154,000 | $ 154,000 | $ 97,000 |
| Door County Wisconsin | 1 | $ 135,000 | $ 135,000 | $ 70,000 |
| La Crosse County Wisconsin | 1 | $ 167,000 | $ 167,000 | $ 0 |
| Milwaukee County Wisconsin | 1 | $ 99,000 | $ 99,000 | $ 50,000 |
| Oneida County Wisconsin | 1 | $ 65,000 | $ 65,000 | $ 141,000 |
| Vernon County Wisconsin | 1 | $ 396,000 | $ 396,000 | $ 250,000 |
| Albany County Wyoming | 1 | $ 388,000 | $ 388,000 | $ 138,000 |
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 2016
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 | 3,213 | $800,120,000 | $249,000 | $8,816,000 | $115,000 | $2,488,000 |
| Refinancing | 1,476 | $374,217,000 | $253,000 | $7,268,000 | $141,000 | $2,900,000 |
| Home Improvement | 73 | $7,143,000 | $97,000 | $4,986,000 | $76,000 | $307,000 |
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 | 4,168 | $1,012,263,000 | $242,000 | $2,500,000 | $125,000 | $2,900,000 |
| Asian | 217 | $50,418,000 | $232,000 | $576,000 | $115,000 | $650,000 |
| Not Provided | 140 | $33,475,000 | $239,000 | $1,000,000 | $152,000 | $1,498,000 |
| Hispanic | 74 | $17,030,000 | $230,000 | $500,000 | $102,000 | $441,000 |
| Black or African American | 72 | $14,797,000 | $205,000 | $417,000 | $91,000 | $589,000 |
| Not applicable | 70 | $49,369,000 | $705,000 | $8,816,000 | $0 | $0 |
| American Indian or Alaskan Native | 11 | $2,009,000 | $182,000 | $417,000 | $91,000 | $258,000 |
| Native Hawaiin or Other Pacific Islander | 10 | $2,119,000 | $211,000 | $332,000 | $98,000 | $161,000 |
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) | 4,014 | $1,022,862,000 | $254,000 | $8,816,000 | $132,000 | $2,900,000 |
| FHA-insured (Federal Housing Administration) | 584 | $115,422,000 | $197,000 | $403,000 | $69,000 | $391,000 |
| VA-guaranteed (Veterans Administration) | 164 | $43,196,000 | $263,000 | $641,000 | $89,000 | $322,000 |
| 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 | 4,317 | $1,080,616,000 | $250,000 | $8,816,000 | $123,000 | $2,900,000 |
| Application Withdrawn By Applicant | 195 | $51,893,000 | $266,000 | $1,750,000 | $135,000 | $1,987,000 |
| Application Denied By Financial Institution | 151 | $28,600,000 | $189,000 | $1,129,000 | $95,000 | $672,000 |
| Preapproval Denied by Financial Institution | 50 | $5,611,000 | $112,000 | $320,000 | $50,000 | $146,000 |
| Application Approved But Not Accepted | 49 | $14,760,000 | $301,000 | $3,950,000 | $131,000 | $1,498,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 67 | $15,398,000 | $229,000 | $805,000 | $119,000 | $672,000 |
| Credit History | 66 | $6,189,000 | $93,000 | $417,000 | $54,000 | $185,000 |
| Debt-To-Income Ratio | 37 | $5,178,000 | $139,000 | $584,000 | $67,000 | $227,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $2,952,000 | $369,000 | $1,129,000 | $60,000 | $131,000 |
| Other | 8 | $1,791,000 | $223,000 | $333,000 | $96,000 | $281,000 |
| Employment History | 7 | $1,596,000 | $228,000 | $417,000 | $59,000 | $166,000 |
| Credit Application Incomplete | 6 | $890,000 | $148,000 | $207,000 | $186,000 | $525,000 |
| Unverifiable Information | 2 | $217,000 | $108,000 | $147,000 | $22,000 | $45,000 |
| 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.