Alerus Financial, National Association
Mortgage Loan Application
Totals and Details
for 2017
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 | 3,837 |
| Total Mortgage Loan Application Amount | $981,077,000 |
| Average Mortgage Loan Application Amount | $188,666 |
| Highest Mortgage Loan Application Amount | $6,000,000 |
| Average Applicant Income | $134,000 |
| Highest Applicant Income | $5,940,000 |
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 | 1,595 | $ 454,205,000 | $ 284,000 | $ 147,000 |
| Ramsey County Minnesota | 408 | $ 97,035,000 | $ 237,000 | $ 133,000 |
| Dakota County Minnesota | 257 | $ 67,366,000 | $ 262,000 | $ 116,000 |
| Grand Forks County North Dakota | 207 | $ 37,985,000 | $ 183,000 | $ 120,000 |
| Anoka County Minnesota | 179 | $ 40,393,000 | $ 225,000 | $ 104,000 |
| Washington County Minnesota | 168 | $ 41,695,000 | $ 248,000 | $ 127,000 |
| Cass County North Dakota | 165 | $ 32,906,000 | $ 199,000 | $ 106,000 |
| Carver County Minnesota | 112 | $ 33,766,000 | $ 301,000 | $ 129,000 |
| Scott County Minnesota | 95 | $ 23,913,000 | $ 251,000 | $ 124,000 |
| Wright County Minnesota | 67 | $ 16,843,000 | $ 251,000 | $ 127,000 |
| Maricopa County Arizona | 51 | $ 17,740,000 | $ 347,000 | $ 306,000 |
| St. Louis County Minnesota | 40 | $ 7,751,000 | $ 193,000 | $ 83,000 |
| Polk County Minnesota | 33 | $ 5,792,000 | $ 175,000 | $ 101,000 |
| Sherburne County Minnesota | 33 | $ 7,701,000 | $ 233,000 | $ 91,000 |
| Clay County Minnesota | 30 | $ 4,838,000 | $ 161,000 | $ 86,000 |
| Chisago County Minnesota | 16 | $ 3,991,000 | $ 249,000 | $ 87,000 |
| Crow Wing County Minnesota | 16 | $ 4,024,000 | $ 251,000 | $ 179,000 |
| Walsh County North Dakota | 16 | $ 1,822,000 | $ 113,000 | $ 84,000 |
| Traill County North Dakota | 13 | $ 2,023,000 | $ 155,000 | $ 149,000 |
| Cass County Minnesota | 12 | $ 2,329,000 | $ 194,000 | $ 161,000 |
| Isanti County Minnesota | 12 | $ 2,437,000 | $ 203,000 | $ 77,000 |
| Becker County Minnesota | 11 | $ 2,655,000 | $ 241,000 | $ 186,000 |
| St. Croix County Wisconsin | 11 | $ 2,446,000 | $ 222,000 | $ 85,000 |
| Otter Tail County Minnesota | 10 | $ 2,094,000 | $ 209,000 | $ 134,000 |
| Hubbard County Minnesota | 9 | $ 1,436,000 | $ 159,000 | $ 159,000 |
| Stearns County Minnesota | 8 | $ 1,965,000 | $ 245,000 | $ 76,000 |
| Rice County Minnesota | 7 | $ 2,021,000 | $ 288,000 | $ 115,000 |
| Burnett County Wisconsin | 7 | $ 1,737,000 | $ 248,000 | $ 144,000 |
| Washburn County Wisconsin | 6 | $ 1,237,000 | $ 206,000 | $ 138,000 |
| Beltrami County Minnesota | 5 | $ 697,000 | $ 139,000 | $ 81,000 |
| Blue Earth County Minnesota | 5 | $ 888,000 | $ 177,000 | $ 71,000 |
| Goodhue County Minnesota | 5 | $ 1,106,000 | $ 221,000 | $ 89,000 |
| Douglas County Wisconsin | 5 | $ 766,000 | $ 153,000 | $ 65,000 |
| Collier County Florida | 4 | $ 2,282,000 | $ 570,000 | $ 363,000 |
| Olmsted County Minnesota | 4 | $ 952,000 | $ 238,000 | $ 181,000 |
| Steele County Minnesota | 4 | $ 481,000 | $ 120,000 | $ 33,000 |
| Coconino County Arizona | 3 | $ 740,000 | $ 246,000 | $ 207,000 |
| Aitkin County Minnesota | 3 | $ 795,000 | $ 265,000 | $ 103,000 |
| Carlton County Minnesota | 3 | $ 644,000 | $ 214,000 | $ 111,000 |
| Kittson County Minnesota | 3 | $ 270,000 | $ 90,000 | $ 74,000 |
| Le Sueur County Minnesota | 3 | $ 536,000 | $ 178,000 | $ 79,000 |
| Marshall County Minnesota | 3 | $ 366,000 | $ 122,000 | $ 69,000 |
| Morrison County Minnesota | 3 | $ 685,000 | $ 228,000 | $ 210,000 |
| Pennington County Minnesota | 3 | $ 452,000 | $ 150,000 | $ 118,000 |
| Sibley County Minnesota | 3 | $ 576,000 | $ 192,000 | $ 106,000 |
| Barnes County North Dakota | 3 | $ 234,000 | $ 78,000 | $ 59,000 |
| Burleigh County North Dakota | 3 | $ 817,000 | $ 272,000 | $ 94,000 |
| Pembina County North Dakota | 3 | $ 273,000 | $ 91,000 | $ 47,000 |
| Pierce County Wisconsin | 3 | $ 542,000 | $ 180,000 | $ 62,000 |
| Sawyer County Wisconsin | 3 | $ 864,000 | $ 288,000 | $ 220,000 |
| Navajo County Arizona | 2 | $ 291,000 | $ 145,000 | $ 86,000 |
| Pima County Arizona | 2 | $ 668,000 | $ 334,000 | $ 123,000 |
| Charlotte County Florida | 2 | $ 260,000 | $ 130,000 | $ 92,000 |
| Lake County Illinois | 2 | $ 1,501,000 | $ 750,000 | $ 266,000 |
| Boone County Iowa | 2 | $ 671,000 | $ 335,000 | $ 128,000 |
| Cook County Minnesota | 2 | $ 314,000 | $ 157,000 | $ 203,000 |
| Douglas County Minnesota | 2 | $ 528,000 | $ 264,000 | $ 147,000 |
| Itasca County Minnesota | 2 | $ 506,000 | $ 253,000 | $ 143,000 |
| Lake County Minnesota | 2 | $ 448,000 | $ 224,000 | $ 104,000 |
| Lake of the Woods County Minnesota | 2 | $ 279,000 | $ 139,000 | $ 128,000 |
| Lyon County Minnesota | 2 | $ 206,000 | $ 103,000 | $ 42,000 |
| Meeker County Minnesota | 2 | $ 435,000 | $ 217,000 | $ 262,000 |
| Mille Lacs County Minnesota | 2 | $ 388,000 | $ 194,000 | $ 88,000 |
| Nicollet County Minnesota | 2 | $ 391,000 | $ 195,000 | $ 153,000 |
| Roseau County Minnesota | 2 | $ 470,000 | $ 235,000 | $ 146,000 |
| Todd County Minnesota | 2 | $ 320,000 | $ 160,000 | $ 73,000 |
| Washoe County Nevada | 2 | $ 714,000 | $ 357,000 | $ 248,000 |
| Ramsey County North Dakota | 2 | $ 387,000 | $ 193,000 | $ 116,000 |
| Richland County North Dakota | 2 | $ 148,000 | $ 74,000 | $ 126,000 |
| Stutsman County North Dakota | 2 | $ 4,843,000 | $ 2,421,000 | $ 23,000 |
| Franklin County Ohio | 2 | $ 578,000 | $ 289,000 | $ 350,000 |
| Florence County South Carolina | 2 | $ 245,000 | $ 122,000 | $ 109,000 |
| Minnehaha County South Dakota | 2 | $ 615,000 | $ 307,000 | $ 27,000 |
| Barron County Wisconsin | 2 | $ 115,000 | $ 57,000 | $ 172,000 |
| Polk County Wisconsin | 2 | $ 550,000 | $ 275,000 | $ 339,000 |
| Pinal County Arizona | 1 | $ 182,000 | $ 182,000 | $ 200,000 |
| Yavapai County Arizona | 1 | $ 320,000 | $ 320,000 | $ 0 |
| Los Angeles County California | 1 | $ 267,000 | $ 267,000 | $ 106,000 |
| Monterey County California | 1 | $ 638,000 | $ 638,000 | $ 345,000 |
| Riverside County California | 1 | $ 185,000 | $ 185,000 | $ 65,000 |
| San Bernardino County California | 1 | $ 125,000 | $ 125,000 | $ 134,000 |
| San Luis Obispo County California | 1 | $ 952,000 | $ 952,000 | $ 482,000 |
| Denver County Colorado | 1 | $ 257,000 | $ 257,000 | $ 352,000 |
| District of Columbia County District Of Columbia | 1 | $ 337,000 | $ 337,000 | $ 187,000 |
| Broward County Florida | 1 | $ 158,000 | $ 158,000 | $ 197,000 |
| Duval County Florida | 1 | $ 174,000 | $ 174,000 | $ 75,000 |
| Hillsborough County Florida | 1 | $ 231,000 | $ 231,000 | $ 249,000 |
| Lake County Florida | 1 | $ 135,000 | $ 135,000 | $ 118,000 |
| Manatee County Florida | 1 | $ 252,000 | $ 252,000 | $ 650,000 |
| Ada County Idaho | 1 | $ 194,000 | $ 194,000 | $ 55,000 |
| Cook County Illinois | 1 | $ 247,000 | $ 247,000 | $ 121,000 |
| DuPage County Illinois | 1 | $ 247,000 | $ 247,000 | $ 140,000 |
| Franklin County Iowa | 1 | $ 134,000 | $ 134,000 | $ 196,000 |
| St. Tammany County Louisiana | 1 | $ 55,000 | $ 55,000 | $ 36,000 |
| Cumberland County Maine | 1 | $ 272,000 | $ 272,000 | $ 197,000 |
| Berrien County Michigan | 1 | $ 424,000 | $ 424,000 | $ 172,000 |
| Ingham County Michigan | 1 | $ 147,000 | $ 147,000 | $ 66,000 |
| Benton County Minnesota | 1 | $ 156,000 | $ 156,000 | $ 28,000 |
| Clearwater County Minnesota | 1 | $ 68,000 | $ 68,000 | $ 109,000 |
| Dodge County Minnesota | 1 | $ 61,000 | $ 61,000 | $ 37,000 |
| Freeborn County Minnesota | 1 | $ 157,000 | $ 157,000 | $ 106,000 |
| Mower County Minnesota | 1 | $ 222,000 | $ 222,000 | $ 94,000 |
| Pine County Minnesota | 1 | $ 203,000 | $ 203,000 | $ 122,000 |
| Pope County Minnesota | 1 | $ 179,000 | $ 179,000 | $ 234,000 |
| Waseca County Minnesota | 1 | $ 136,000 | $ 136,000 | $ 70,000 |
| Wilkin County Minnesota | 1 | $ 322,000 | $ 322,000 | $ 158,000 |
| Jackson County Missouri | 1 | $ 227,000 | $ 227,000 | $ 48,000 |
| Flathead County Montana | 1 | $ 424,000 | $ 424,000 | $ 227,000 |
| Clark County Nevada | 1 | $ 240,000 | $ 240,000 | $ 312,000 |
| Sullivan County New Hampshire | 1 | $ 365,000 | $ 365,000 | $ 743,000 |
| Cape May County New Jersey | 1 | $ 175,000 | $ 175,000 | $ 74,000 |
| Mercer County New Jersey | 1 | $ 814,000 | $ 814,000 | $ 884,000 |
| Dona Ana County New Mexico | 1 | $ 140,000 | $ 140,000 | $ 114,000 |
| Jackson County North Carolina | 1 | $ 424,000 | $ 424,000 | $ 117,000 |
| Golden Valley County North Dakota | 1 | $ 10,000 | $ 10,000 | $ 68,000 |
| LaMoure County North Dakota | 1 | $ 226,000 | $ 226,000 | $ 142,000 |
| Nelson County North Dakota | 1 | $ 196,000 | $ 196,000 | $ 262,000 |
| Steele County North Dakota | 1 | $ 184,000 | $ 184,000 | $ 152,000 |
| Wells County North Dakota | 1 | $ 147,000 | $ 147,000 | $ 76,000 |
| Hamilton County Ohio | 1 | $ 372,000 | $ 372,000 | $ 186,000 |
| Lane County Oregon | 1 | $ 182,000 | $ 182,000 | $ 355,000 |
| Beaver County Pennsylvania | 1 | $ 80,000 | $ 80,000 | $ 113,000 |
| Lincoln County South Dakota | 1 | $ 403,000 | $ 403,000 | $ 250,000 |
| Cumberland County Tennessee | 1 | $ 97,000 | $ 97,000 | $ 96,000 |
| Hays County Texas | 1 | $ 424,000 | $ 424,000 | $ 249,000 |
| Salt Lake County Utah | 1 | $ 320,000 | $ 320,000 | $ 120,000 |
| Pierce County Washington | 1 | $ 312,000 | $ 312,000 | $ 85,000 |
| Bayfield County Wisconsin | 1 | $ 52,000 | $ 52,000 | $ 443,000 |
| Dane County Wisconsin | 1 | $ 312,000 | $ 312,000 | $ 100,000 |
| Dunn County Wisconsin | 1 | $ 121,000 | $ 121,000 | $ 56,000 |
| Eau Claire County Wisconsin | 1 | $ 100,000 | $ 100,000 | $ 41,000 |
| Milwaukee County Wisconsin | 1 | $ 140,000 | $ 140,000 | $ 199,000 |
| Pepin County Wisconsin | 1 | $ 398,000 | $ 398,000 | $ 177,000 |
| Rock County Wisconsin | 1 | $ 140,000 | $ 140,000 | $ 246,000 |
| Sauk County Wisconsin | 1 | $ 60,000 | $ 60,000 | $ 185,000 |
| Shawano County Wisconsin | 1 | $ 258,000 | $ 258,000 | $ 312,000 |
| Trempealeau County Wisconsin | 1 | $ 270,000 | $ 270,000 | $ 85,000 |
| Laramie County Wyoming | 1 | $ 262,000 | $ 262,000 | $ 87,000 |
| Sweetwater County Wyoming | 1 | $ 226,000 | $ 226,000 | $ 248,000 |
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 2017
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 | 2,946 | $770,373,000 | $261,000 | $6,000,000 | $129,000 | $2,592,000 |
| Refinancing | 796 | $206,308,000 | $259,000 | $4,778,000 | $156,000 | $5,940,000 |
| Home Improvement | 95 | $4,396,000 | $46,000 | $500,000 | $117,000 | $760,000 |
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 | 3,276 | $833,957,000 | $254,000 | $2,174,000 | $134,000 | $2,592,000 |
| Not Provided | 186 | $43,346,000 | $233,000 | $1,575,000 | $196,000 | $5,940,000 |
| Asian | 135 | $31,553,000 | $233,000 | $1,360,000 | $128,000 | $496,000 |
| Black or African American | 86 | $20,358,000 | $236,000 | $1,303,000 | $105,000 | $577,000 |
| Hispanic | 75 | $19,049,000 | $253,000 | $1,280,000 | $133,000 | $947,000 |
| Not applicable | 61 | $28,205,000 | $462,000 | $6,000,000 | $0 | $0 |
| American Indian or Alaskan Native | 13 | $3,189,000 | $245,000 | $617,000 | $120,000 | $281,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $1,420,000 | $284,000 | $519,000 | $147,000 | $400,000 |
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) | 3,331 | $871,595,000 | $261,000 | $6,000,000 | $143,000 | $5,940,000 |
| FHA-insured (Federal Housing Administration) | 394 | $80,382,000 | $204,000 | $389,000 | $73,000 | $381,000 |
| VA-guaranteed (Veterans Administration) | 110 | $28,849,000 | $262,000 | $560,000 | $87,000 | $200,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $251,000 | $125,000 | $162,000 | $68,000 | $71,000 |
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 | 3,498 | $899,884,000 | $257,000 | $4,778,000 | $136,000 | $5,940,000 |
| Application Withdrawn By Applicant | 168 | $50,747,000 | $302,000 | $6,000,000 | $145,000 | $1,433,000 |
| Application Denied By Financial Institution | 80 | $19,220,000 | $240,000 | $1,599,000 | $104,000 | $463,000 |
| Preapproval Denied by Financial Institution | 50 | $5,389,000 | $107,000 | $315,000 | $49,000 | $258,000 |
| Application Approved But Not Accepted | 39 | $5,584,000 | $143,000 | $833,000 | $106,000 | $503,000 |
| File Closed For Incompleteness | 2 | $253,000 | $126,000 | $173,000 | $108,000 | $113,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 53 | $5,677,000 | $107,000 | $334,000 | $60,000 | $258,000 |
| Collateral | 35 | $9,960,000 | $284,000 | $1,599,000 | $130,000 | $463,000 |
| Debt-To-Income Ratio | 24 | $4,479,000 | $186,000 | $880,000 | $51,000 | $143,000 |
| Other | 6 | $1,934,000 | $322,000 | $1,075,000 | $106,000 | $262,000 |
| Employment History | 5 | $987,000 | $197,000 | $620,000 | $100,000 | $365,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $401,000 | $133,000 | $215,000 | $45,000 | $48,000 |
| Unverifiable Information | 2 | $393,000 | $196,000 | $277,000 | $73,000 | $96,000 |
| Credit Application Incomplete | 2 | $778,000 | $389,000 | $403,000 | $185,000 | $250,000 |
| 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.