Alerus Financial, National Association
Mortgage Loan Application
Totals and Details
for 2018
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 | 4,350 |
| Total Mortgage Loan Application Amount | $1,024,310,000 |
| Average Mortgage Loan Application Amount | $183,800 |
| Highest Mortgage Loan Application Amount | $10,605,000 |
| Average Applicant Income | $150,000 |
| Highest Applicant Income | $9,015,000 |
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 | 1,741 | $ 443,815,000 | $ 254,000 | $ 160,000 |
| Ramsey County Minnesota | 434 | $ 98,020,000 | $ 225,000 | $ 141,000 |
| Dakota County Minnesota | 296 | $ 74,060,000 | $ 250,000 | $ 127,000 |
| Cass County North Dakota | 295 | $ 54,875,000 | $ 186,000 | $ 138,000 |
| Grand Forks County North Dakota | 249 | $ 32,715,000 | $ 131,000 | $ 116,000 |
| Anoka County Minnesota | 188 | $ 41,120,000 | $ 218,000 | $ 106,000 |
| Washington County Minnesota | 181 | $ 44,265,000 | $ 244,000 | $ 163,000 |
| Carver County Minnesota | 145 | $ 38,875,000 | $ 268,000 | $ 174,000 |
| Scott County Minnesota | 89 | $ 21,905,000 | $ 246,000 | $ 143,000 |
| Maricopa County Arizona | 65 | $ 24,715,000 | $ 380,000 | $ 258,000 |
| Clay County Minnesota | 61 | $ 8,235,000 | $ 135,000 | $ 88,000 |
| Wright County Minnesota | 58 | $ 12,790,000 | $ 220,000 | $ 107,000 |
| St. Louis County Minnesota | 46 | $ 7,970,000 | $ 173,000 | $ 127,000 |
| Sherburne County Minnesota | 37 | $ 7,585,000 | $ 205,000 | $ 101,000 |
| Polk County Minnesota | 36 | $ 4,900,000 | $ 136,000 | $ 183,000 |
| Isanti County Minnesota | 17 | $ 4,925,000 | $ 289,000 | $ 98,000 |
| Becker County Minnesota | 13 | $ 2,695,000 | $ 207,000 | $ 190,000 |
| St. Croix County Wisconsin | 13 | $ 3,585,000 | $ 275,000 | $ 108,000 |
| Chisago County Minnesota | 12 | $ 2,450,000 | $ 204,000 | $ 101,000 |
| Traill County North Dakota | 12 | $ 1,150,000 | $ 95,000 | $ 134,000 |
| Crow Wing County Minnesota | 11 | $ 4,015,000 | $ 365,000 | $ 363,000 |
| Walsh County North Dakota | 11 | $ 1,235,000 | $ 112,000 | $ 78,000 |
| Douglas County Wisconsin | 11 | $ 1,395,000 | $ 126,000 | $ 73,000 |
| Goodhue County Minnesota | 10 | $ 1,630,000 | $ 163,000 | $ 112,000 |
| Hubbard County Minnesota | 9 | $ 2,385,000 | $ 265,000 | $ 182,000 |
| Otter Tail County Minnesota | 9 | $ 2,465,000 | $ 273,000 | $ 230,000 |
| Rice County Minnesota | 9 | $ 1,855,000 | $ 206,000 | $ 95,000 |
| Stearns County Minnesota | 9 | $ 12,195,000 | $ 1,355,000 | $ 81,000 |
| Marshall County Minnesota | 7 | $ 655,000 | $ 93,000 | $ 78,000 |
| Pierce County Wisconsin | 7 | $ 1,515,000 | $ 216,000 | $ 167,000 |
| Beltrami County Minnesota | 6 | $ 850,000 | $ 141,000 | $ 212,000 |
| Cass County Minnesota | 6 | $ 880,000 | $ 146,000 | $ 188,000 |
| Itasca County Minnesota | 6 | $ 1,470,000 | $ 245,000 | $ 213,000 |
| McLeod County Minnesota | 6 | $ 4,060,000 | $ 676,000 | $ 83,000 |
| Pima County Arizona | 5 | $ 865,000 | $ 173,000 | $ 114,000 |
| Pinal County Arizona | 5 | $ 855,000 | $ 171,000 | $ 175,000 |
| Los Angeles County California | 5 | $ 2,995,000 | $ 599,000 | $ 310,000 |
| Lee County Florida | 5 | $ 1,295,000 | $ 259,000 | $ 186,000 |
| Cavalier County North Dakota | 5 | $ 365,000 | $ 73,000 | $ 82,000 |
| Aitkin County Minnesota | 4 | $ 630,000 | $ 157,000 | $ 145,000 |
| Blue Earth County Minnesota | 4 | $ 790,000 | $ 197,000 | $ 147,000 |
| Lake of the Woods County Minnesota | 4 | $ 420,000 | $ 105,000 | $ 177,000 |
| Olmsted County Minnesota | 4 | $ 700,000 | $ 175,000 | $ 134,000 |
| Steele County North Dakota | 4 | $ 290,000 | $ 72,000 | $ 120,000 |
| Washburn County Wisconsin | 4 | $ 860,000 | $ 215,000 | $ 224,000 |
| Cook County Illinois | 3 | $ 1,065,000 | $ 355,000 | $ 138,000 |
| Kent County Michigan | 3 | $ 405,000 | $ 135,000 | $ 107,000 |
| Le Sueur County Minnesota | 3 | $ 275,000 | $ 91,000 | $ 161,000 |
| Meeker County Minnesota | 3 | $ 295,000 | $ 98,000 | $ 136,000 |
| Roseau County Minnesota | 3 | $ 275,000 | $ 91,000 | $ 93,000 |
| Pembina County North Dakota | 3 | $ 365,000 | $ 121,000 | $ 93,000 |
| Ramsey County North Dakota | 3 | $ 195,000 | $ 65,000 | $ 99,000 |
| Richland County North Dakota | 3 | $ 285,000 | $ 95,000 | $ 62,000 |
| Stutsman County North Dakota | 3 | $ 705,000 | $ 235,000 | $ 263,000 |
| Burnett County Wisconsin | 3 | $ 475,000 | $ 158,000 | $ 120,000 |
| Sawyer County Wisconsin | 3 | $ 895,000 | $ 298,000 | $ 177,000 |
| Broward County Florida | 2 | $ 390,000 | $ 195,000 | $ 312,000 |
| Miami-Dade County Florida | 2 | $ 710,000 | $ 355,000 | $ 290,000 |
| Sarasota County Florida | 2 | $ 650,000 | $ 325,000 | $ 171,000 |
| Wayne County Michigan | 2 | $ 190,000 | $ 95,000 | $ 69,000 |
| Benton County Minnesota | 2 | $ 150,000 | $ 75,000 | $ 83,000 |
| Lyon County Minnesota | 2 | $ 390,000 | $ 195,000 | $ 173,000 |
| Mille Lacs County Minnesota | 2 | $ 440,000 | $ 220,000 | $ 82,000 |
| Morrison County Minnesota | 2 | $ 360,000 | $ 180,000 | $ 71,000 |
| Nicollet County Minnesota | 2 | $ 400,000 | $ 200,000 | $ 97,000 |
| Norman County Minnesota | 2 | $ 110,000 | $ 55,000 | $ 109,000 |
| Pine County Minnesota | 2 | $ 230,000 | $ 115,000 | $ 70,000 |
| Todd County Minnesota | 2 | $ 370,000 | $ 185,000 | $ 96,000 |
| Winona County Minnesota | 2 | $ 260,000 | $ 130,000 | $ 75,000 |
| Nelson County North Dakota | 2 | $ 210,000 | $ 105,000 | $ 65,000 |
| Multnomah County Oregon | 2 | $ 720,000 | $ 360,000 | $ 120,000 |
| Shelby County Tennessee | 2 | $ 650,000 | $ 325,000 | $ 187,000 |
| Barron County Wisconsin | 2 | $ 120,000 | $ 60,000 | $ 101,000 |
| Dane County Wisconsin | 2 | $ 620,000 | $ 310,000 | $ 110,000 |
| Dunn County Wisconsin | 2 | $ 590,000 | $ 295,000 | $ 124,000 |
| Outagamie County Wisconsin | 2 | $ 180,000 | $ 90,000 | $ 146,000 |
| Polk County Wisconsin | 2 | $ 790,000 | $ 395,000 | $ 442,000 |
| Sauk County Wisconsin | 2 | $ 110,000 | $ 55,000 | $ 185,000 |
| Yavapai County Arizona | 1 | $ 125,000 | $ 125,000 | $ 36,000 |
| Orange County California | 1 | $ 215,000 | $ 215,000 | $ 110,000 |
| San Diego County California | 1 | $ 965,000 | $ 965,000 | $ 458,000 |
| Adams County Colorado | 1 | $ 305,000 | $ 305,000 | $ 117,000 |
| Douglas County Colorado | 1 | $ 605,000 | $ 605,000 | $ 302,000 |
| Jefferson County Colorado | 1 | $ 185,000 | $ 185,000 | $ 50,000 |
| Summit County Colorado | 1 | $ 645,000 | $ 645,000 | $ 300,000 |
| Weld County Colorado | 1 | $ 235,000 | $ 235,000 | $ 153,000 |
| Charlotte County Florida | 1 | $ 65,000 | $ 65,000 | $ 33,000 |
| Collier County Florida | 1 | $ 135,000 | $ 135,000 | $ 157,000 |
| Indian River County Florida | 1 | $ 225,000 | $ 225,000 | $ 151,000 |
| Lake County Florida | 1 | $ 755,000 | $ 755,000 | $ 492,000 |
| Leon County Florida | 1 | $ 85,000 | $ 85,000 | $ 97,000 |
| Manatee County Florida | 1 | $ 195,000 | $ 195,000 | $ 145,000 |
| Monroe County Florida | 1 | $ 75,000 | $ 75,000 | $ 198,000 |
| Orange County Florida | 1 | $ 215,000 | $ 215,000 | $ 60,000 |
| St. Lucie County Florida | 1 | $ 55,000 | $ 55,000 | $ 74,000 |
| Blaine County Idaho | 1 | $ 355,000 | $ 355,000 | $ 70,000 |
| Kootenai County Idaho | 1 | $ 275,000 | $ 275,000 | $ 99,000 |
| Cerro Gordo County Iowa | 1 | $ 95,000 | $ 95,000 | $ 248,000 |
| Polk County Iowa | 1 | $ 285,000 | $ 285,000 | $ 291,000 |
| Anne Arundel County Maryland | 1 | $ 225,000 | $ 225,000 | $ 169,000 |
| Worcester County Massachusetts | 1 | $ 305,000 | $ 305,000 | $ 80,000 |
| Clinton County Michigan | 1 | $ 195,000 | $ 195,000 | $ 93,000 |
| Livingston County Michigan | 1 | $ 285,000 | $ 285,000 | $ 97,000 |
| Oakland County Michigan | 1 | $ 95,000 | $ 95,000 | $ 202,000 |
| Big Stone County Minnesota | 1 | $ 175,000 | $ 175,000 | $ 95,000 |
| Brown County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 85,000 |
| Carlton County Minnesota | 1 | $ 45,000 | $ 45,000 | $ 129,000 |
| Fillmore County Minnesota | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Kanabec County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 135,000 |
| Kandiyohi County Minnesota | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Pennington County Minnesota | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Rock County Minnesota | 1 | $ 175,000 | $ 175,000 | $ 229,000 |
| Sibley County Minnesota | 1 | $ 115,000 | $ 115,000 | $ 197,000 |
| Steele County Minnesota | 1 | $ 325,000 | $ 325,000 | $ 154,000 |
| Yellow Medicine County Minnesota | 1 | $ 45,000 | $ 45,000 | $ 140,000 |
| Lancaster County Nebraska | 1 | $ 325,000 | $ 325,000 | $ 93,000 |
| Saunders County Nebraska | 1 | $ 365,000 | $ 365,000 | $ 77,000 |
| Clark County Nevada | 1 | $ 125,000 | $ 125,000 | $ 88,000 |
| Cape May County New Jersey | 1 | $ 175,000 | $ 175,000 | $ 72,000 |
| Nassau County New York | 1 | $ 405,000 | $ 405,000 | $ 731,000 |
| Alamance County North Carolina | 1 | $ 295,000 | $ 295,000 | $ 439,000 |
| Caldwell County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 217,000 |
| Polk County North Carolina | 1 | $ 405,000 | $ 405,000 | $ 146,000 |
| Wake County North Carolina | 1 | $ 405,000 | $ 405,000 | $ 110,000 |
| Burleigh County North Dakota | 1 | $ 165,000 | $ 165,000 | $ 129,000 |
| Ransom County North Dakota | 1 | $ 45,000 | $ 45,000 | $ 62,000 |
| Stark County North Dakota | 1 | $ 455,000 | $ 455,000 | $ 293,000 |
| Wells County North Dakota | 1 | $ 55,000 | $ 55,000 | $ 177,000 |
| Hamilton County Ohio | 1 | $ 225,000 | $ 225,000 | $ 161,000 |
| Beaufort County South Carolina | 1 | $ 1,155,000 | $ 1,155,000 | $ 904,000 |
| Richland County South Carolina | 1 | $ 355,000 | $ 355,000 | $ 187,000 |
| Montgomery County Texas | 1 | $ 405,000 | $ 405,000 | $ 118,000 |
| Davis County Utah | 1 | $ 415,000 | $ 415,000 | $ 175,000 |
| Chesterfield County Virginia | 1 | $ 295,000 | $ 295,000 | $ 98,000 |
| Spokane County Washington | 1 | $ 285,000 | $ 285,000 | $ 57,000 |
| Bayfield County Wisconsin | 1 | $ 295,000 | $ 295,000 | $ 212,000 |
| Chippewa County Wisconsin | 1 | $ 405,000 | $ 405,000 | $ 181,000 |
| Milwaukee County Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 103,000 |
| Monroe County Wisconsin | 1 | $ 65,000 | $ 65,000 | $ 92,000 |
| Sheboygan County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 610,000 |
| Walworth County Wisconsin | 1 | $ 195,000 | $ 195,000 | $ 47,000 |
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 2018
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 | 2,941 | $773,935,000 | $263,000 | $10,605,000 | $140,000 | $2,179,000 |
| Refinancing | 728 | $189,020,000 | $259,000 | $6,305,000 | $181,000 | $9,015,000 |
| Home Improvement | 381 | $38,045,000 | $99,000 | $1,645,000 | $153,000 | $1,092,000 |
| Other Purpose | 295 | $22,195,000 | $75,000 | $705,000 | $140,000 | $872,000 |
| Cash-out Refinancing | 5 | $1,115,000 | $223,000 | $335,000 | $136,000 | $248,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $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 | 3,227 | $791,315,000 | $245,000 | $2,665,000 | $142,000 | $9,015,000 |
| Not Provided | 719 | $103,855,000 | $144,000 | $995,000 | $185,000 | $2,179,000 |
| Asian | 116 | $31,450,000 | $271,000 | $1,075,000 | $138,000 | $588,000 |
| Not applicable | 110 | $57,310,000 | $521,000 | $10,605,000 | $0 | $0 |
| Black or African American | 96 | $21,020,000 | $218,000 | $785,000 | $103,000 | $447,000 |
| Hispanic | 60 | $14,740,000 | $245,000 | $1,285,000 | $103,000 | $439,000 |
| American Indian or Alaskan Native | 9 | $1,965,000 | $218,000 | $405,000 | $76,000 | $194,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $1,305,000 | $261,000 | $675,000 | $218,000 | $390,000 |
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) | 4,018 | $943,480,000 | $234,000 | $10,605,000 | $153,000 | $9,015,000 |
| FHA-insured (Federal Housing Administration) | 232 | $52,640,000 | $226,000 | $365,000 | $80,000 | $750,000 |
| VA-guaranteed (Veterans Administration) | 88 | $26,300,000 | $298,000 | $1,285,000 | $117,000 | $406,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 12 | $1,890,000 | $157,000 | $245,000 | $58,000 | $88,000 |
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 | 3,826 | $913,790,000 | $238,000 | $10,605,000 | $149,000 | $9,015,000 |
| Application Withdrawn By Applicant | 246 | $63,540,000 | $258,000 | $1,435,000 | $145,000 | $614,000 |
| Application Approved But Not Accepted | 121 | $18,095,000 | $149,000 | $1,535,000 | $165,000 | $750,000 |
| Application Denied By Financial Institution | 120 | $19,850,000 | $165,000 | $1,645,000 | $104,000 | $564,000 |
| Preapproval Denied by Financial Institution | 16 | $2,980,000 | $186,000 | $445,000 | $50,000 | $176,000 |
| Preapproval Approved but not Accepted | 13 | $3,745,000 | $288,000 | $615,000 | $108,000 | $234,000 |
| File Closed For Incompleteness | 8 | $2,310,000 | $288,000 | $1,505,000 | $213,000 | $739,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Not applicable | 4,214 | $1,001,480,000 | $237,000 | $10,605,000 | $149,000 | $9,015,000 |
| Debt-To-Income Ratio | 56 | $8,840,000 | $157,000 | $1,645,000 | $66,000 | $270,000 |
| Collateral | 40 | $8,200,000 | $205,000 | $1,395,000 | $171,000 | $564,000 |
| Credit History | 25 | $3,165,000 | $126,000 | $465,000 | $71,000 | $207,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 11 | $1,705,000 | $155,000 | $425,000 | $76,000 | $140,000 |
| Employment History | 3 | $715,000 | $238,000 | $365,000 | $99,000 | $214,000 |
| Other | 1 | $205,000 | $205,000 | $205,000 | $318,000 | $318,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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.