Luminate Home Loans
Mortgage Loan Application
Totals and Details
for 2017

Find mortgage loan statistics, lending data, and loan application totals for Minnesota.
The mortgage statistics and data below are specific to mortgage loan applications for Luminate Home Loans.
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 Luminate Home Loans
7760 France Ave S, Ste 1010
Bloomington, MN 55435
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  
Total Number of Mortgage Applications 8,616
Total Mortgage Loan Application Amount $1,900,926,000
Average Mortgage Loan Application Amount $227,500
Highest Mortgage Loan Application Amount $2,225,000
Average Applicant Income $97,500
Highest Applicant Income $2,580,000

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 MN, 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 Luminate Home Loans by County in 2017

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 1,574 $ 396,763,000 $ 252,000 $ 110,000
Dakota County Minnesota 748 $ 169,113,000 $ 226,000 $ 88,000
Anoka County Minnesota 732 $ 163,378,000 $ 223,000 $ 83,000
Ramsey County Minnesota 532 $ 111,228,000 $ 209,000 $ 91,000
Washington County Minnesota 457 $ 119,733,000 $ 261,000 $ 114,000
Brown County Wisconsin 315 $ 47,040,000 $ 149,000 $ 66,000
Scott County Minnesota 305 $ 83,492,000 $ 273,000 $ 98,000
Sherburne County Minnesota 250 $ 54,726,000 $ 218,000 $ 83,000
Wright County Minnesota 239 $ 54,076,000 $ 226,000 $ 88,000
Carver County Minnesota 187 $ 52,320,000 $ 279,000 $ 126,000
La Crosse County Wisconsin 145 $ 21,154,000 $ 145,000 $ 60,000
Steele County Minnesota 137 $ 21,912,000 $ 159,000 $ 64,000
Polk County Wisconsin 134 $ 21,379,000 $ 159,000 $ 75,000
Chisago County Minnesota 129 $ 27,806,000 $ 215,000 $ 78,000
Crow Wing County Minnesota 112 $ 22,777,000 $ 203,000 $ 95,000
St. Croix County Wisconsin 112 $ 26,363,000 $ 235,000 $ 95,000
Rice County Minnesota 111 $ 22,406,000 $ 201,000 $ 78,000
Burnett County Wisconsin 97 $ 15,580,000 $ 160,000 $ 97,000
Isanti County Minnesota 87 $ 17,261,000 $ 198,000 $ 74,000
Outagamie County Wisconsin 85 $ 12,519,000 $ 147,000 $ 69,000
Dane County Wisconsin 82 $ 18,798,000 $ 229,000 $ 89,000
Blue Earth County Minnesota 70 $ 11,761,000 $ 168,000 $ 79,000
Itasca County Minnesota 64 $ 11,145,000 $ 174,000 $ 82,000
Fond du Lac County Wisconsin 63 $ 7,389,000 $ 117,000 $ 57,000
Winnebago County Wisconsin 56 $ 6,865,000 $ 122,000 $ 70,000
Olmsted County Minnesota 54 $ 11,837,000 $ 219,000 $ 86,000
St. Louis County Minnesota 53 $ 9,031,000 $ 170,000 $ 97,000
Stearns County Minnesota 53 $ 8,948,000 $ 168,000 $ 70,000
Mille Lacs County Minnesota 52 $ 8,763,000 $ 168,000 $ 61,000
Milwaukee County Wisconsin 44 $ 7,519,000 $ 170,000 $ 80,000
Brown County South Dakota 39 $ 5,754,000 $ 147,000 $ 62,000
Barron County Wisconsin 35 $ 4,289,000 $ 122,000 $ 49,000
Oconto County Wisconsin 33 $ 5,977,000 $ 181,000 $ 80,000
Le Sueur County Minnesota 32 $ 5,817,000 $ 181,000 $ 61,000
Nicollet County Minnesota 32 $ 5,238,000 $ 163,000 $ 66,000
Douglas County Minnesota 31 $ 5,782,000 $ 186,000 $ 69,000
Santa Clara County California 29 $ 19,976,000 $ 688,000 $ 205,000
Travis County Texas 29 $ 8,345,000 $ 287,000 $ 119,000
Tulsa County Oklahoma 28 $ 4,066,000 $ 145,000 $ 66,000
Tarrant County Texas 28 $ 6,802,000 $ 242,000 $ 109,000
Cass County Minnesota 27 $ 6,108,000 $ 226,000 $ 126,000
Lee County Florida 26 $ 5,341,000 $ 205,000 $ 118,000
Aitkin County Minnesota 26 $ 4,639,000 $ 178,000 $ 120,000
Eau Claire County Wisconsin 24 $ 3,619,000 $ 150,000 $ 68,000
Goodhue County Minnesota 23 $ 4,320,000 $ 187,000 $ 69,000
Kanabec County Minnesota 23 $ 3,623,000 $ 157,000 $ 60,000
Pine County Minnesota 23 $ 3,366,000 $ 146,000 $ 65,000
Clay County Minnesota 22 $ 3,755,000 $ 170,000 $ 82,000
McLeod County Minnesota 22 $ 3,494,000 $ 158,000 $ 60,000
Pierce County Wisconsin 22 $ 4,966,000 $ 225,000 $ 97,000
Waupaca County Wisconsin 22 $ 2,483,000 $ 112,000 $ 59,000
Waseca County Minnesota 21 $ 2,855,000 $ 135,000 $ 48,000
Williamson County Texas 21 $ 5,622,000 $ 267,000 $ 96,000
Portage County Wisconsin 21 $ 3,490,000 $ 166,000 $ 65,000
Monroe County Wisconsin 20 $ 2,507,000 $ 125,000 $ 53,000
Benton County Minnesota 19 $ 3,486,000 $ 183,000 $ 105,000
Jefferson County Colorado 17 $ 5,389,000 $ 317,000 $ 105,000
Rock County Wisconsin 17 $ 2,804,000 $ 164,000 $ 69,000
Waukesha County Wisconsin 17 $ 4,083,000 $ 240,000 $ 83,000
Martin County Minnesota 16 $ 2,470,000 $ 154,000 $ 95,000
Morrison County Minnesota 16 $ 2,626,000 $ 164,000 $ 69,000
Calumet County Wisconsin 16 $ 2,794,000 $ 174,000 $ 60,000
Douglas County Wisconsin 16 $ 2,577,000 $ 161,000 $ 93,000
San Diego County California 15 $ 7,729,000 $ 515,000 $ 127,000
Denver County Colorado 13 $ 5,164,000 $ 397,000 $ 136,000
Chippewa County Wisconsin 13 $ 2,066,000 $ 158,000 $ 66,000
Washburn County Wisconsin 13 $ 2,158,000 $ 166,000 $ 75,000
Arapahoe County Colorado 12 $ 3,847,000 $ 320,000 $ 107,000
Dallas County Texas 12 $ 3,789,000 $ 315,000 $ 122,000
Dunn County Wisconsin 12 $ 2,199,000 $ 183,000 $ 63,000
Cook County Illinois 11 $ 4,114,000 $ 374,000 $ 78,000
Carlton County Minnesota 11 $ 1,754,000 $ 159,000 $ 79,000
Dodge County Minnesota 11 $ 2,093,000 $ 190,000 $ 87,000
Todd County Minnesota 11 $ 1,266,000 $ 115,000 $ 61,000
Collin County Texas 11 $ 3,688,000 $ 335,000 $ 153,000
Contra Costa County California 10 $ 4,918,000 $ 491,000 $ 133,000
San Bernardino County California 10 $ 2,725,000 $ 272,000 $ 78,000
Brown County Minnesota 10 $ 1,285,000 $ 128,000 $ 61,000
Fillmore County Minnesota 10 $ 1,227,000 $ 122,000 $ 56,000
Freeborn County Minnesota 10 $ 1,323,000 $ 132,000 $ 69,000
Meeker County Minnesota 10 $ 1,801,000 $ 180,000 $ 66,000
Creek County Oklahoma 10 $ 1,632,000 $ 163,000 $ 73,000
Columbia County Wisconsin 10 $ 1,708,000 $ 170,000 $ 70,000
Kewaunee County Wisconsin 10 $ 1,480,000 $ 148,000 $ 54,000
Sawyer County Wisconsin 10 $ 1,467,000 $ 146,000 $ 74,000
Trempealeau County Wisconsin 10 $ 1,580,000 $ 158,000 $ 72,000
Riverside County California 9 $ 2,359,000 $ 262,000 $ 111,000
San Mateo County California 9 $ 7,626,000 $ 847,000 $ 290,000
Racine County Wisconsin 9 $ 1,524,000 $ 169,000 $ 76,000
Houston County Minnesota 8 $ 1,332,000 $ 166,000 $ 60,000
Pope County Minnesota 8 $ 1,270,000 $ 158,000 $ 81,000
Winona County Minnesota 8 $ 1,096,000 $ 137,000 $ 40,000
Manitowoc County Wisconsin 8 $ 939,000 $ 117,000 $ 65,000
Alameda County California 7 $ 4,723,000 $ 674,000 $ 183,000
Los Angeles County California 7 $ 3,217,000 $ 459,000 $ 89,000
Douglas County Colorado 7 $ 2,207,000 $ 315,000 $ 105,000
Larimer County Colorado 7 $ 3,234,000 $ 462,000 $ 128,000
Becker County Minnesota 7 $ 1,456,000 $ 208,000 $ 57,000
Kandiyohi County Minnesota 7 $ 1,230,000 $ 175,000 $ 81,000
Otter Tail County Minnesota 7 $ 1,144,000 $ 163,000 $ 49,000
Sibley County Minnesota 7 $ 1,777,000 $ 253,000 $ 104,000
Osage County Oklahoma 7 $ 1,688,000 $ 241,000 $ 106,000
Denton County Texas 7 $ 1,983,000 $ 283,000 $ 124,000
Dodge County Wisconsin 7 $ 1,189,000 $ 169,000 $ 50,000
Vernon County Wisconsin 7 $ 897,000 $ 128,000 $ 50,000
Faribault County Minnesota 6 $ 621,000 $ 103,000 $ 51,000
Pennington County Minnesota 6 $ 1,073,000 $ 178,000 $ 66,000
Wadena County Minnesota 6 $ 932,000 $ 155,000 $ 63,000
Ward County North Dakota 6 $ 1,633,000 $ 272,000 $ 56,000
Rogers County Oklahoma 6 $ 1,251,000 $ 208,000 $ 59,000
Hays County Texas 6 $ 1,445,000 $ 240,000 $ 138,000
Adams County Wisconsin 6 $ 913,000 $ 152,000 $ 87,000
Shawano County Wisconsin 6 $ 835,000 $ 139,000 $ 80,000
Orange County California 5 $ 2,033,000 $ 406,000 $ 150,000
Solano County California 5 $ 1,608,000 $ 321,000 $ 84,000
Collier County Florida 5 $ 1,633,000 $ 326,000 $ 130,000
DuPage County Illinois 5 $ 1,540,000 $ 308,000 $ 15,000
Beltrami County Minnesota 5 $ 816,000 $ 163,000 $ 52,000
Polk County Minnesota 5 $ 814,000 $ 162,000 $ 80,000
Mercer County North Dakota 5 $ 1,036,000 $ 207,000 $ 82,000
Maricopa County Arizona 4 $ 859,000 $ 214,000 $ 97,000
San Francisco County California 4 $ 2,162,000 $ 540,000 $ 212,000
Pasco County Florida 4 $ 1,185,000 $ 296,000 $ 82,000
Kane County Illinois 4 $ 1,253,000 $ 313,000 $ 129,000
Polk County Iowa 4 $ 926,000 $ 231,000 $ 109,000
Cook County Minnesota 4 $ 948,000 $ 237,000 $ 149,000
Red Lake County Minnesota 4 $ 664,000 $ 166,000 $ 53,000
Wabasha County Minnesota 4 $ 1,201,000 $ 300,000 $ 171,000
Watonwan County Minnesota 4 $ 379,000 $ 94,000 $ 41,000
Bowie County Texas 4 $ 512,000 $ 128,000 $ 87,000
Jackson County Wisconsin 4 $ 512,000 $ 128,000 $ 51,000
Jefferson County Wisconsin 4 $ 871,000 $ 217,000 $ 112,000
Kenosha County Wisconsin 4 $ 509,000 $ 127,000 $ 32,000
Marathon County Wisconsin 4 $ 667,000 $ 166,000 $ 85,000
Rusk County Wisconsin 4 $ 637,000 $ 159,000 $ 51,000
Sauk County Wisconsin 4 $ 759,000 $ 189,000 $ 102,000
Washington County Wisconsin 4 $ 808,000 $ 202,000 $ 76,000
Waushara County Wisconsin 4 $ 573,000 $ 143,000 $ 57,000
Fresno County California 3 $ 793,000 $ 264,000 $ 134,000
San Joaquin County California 3 $ 816,000 $ 272,000 $ 87,000
Stanislaus County California 3 $ 1,379,000 $ 459,000 $ 108,000
Eagle County Colorado 3 $ 1,312,000 $ 437,000 $ 148,000
Pueblo County Colorado 3 $ 323,000 $ 107,000 $ 177,000
St. Johns County Florida 3 $ 1,036,000 $ 345,000 $ 172,000
Grant County Minnesota 3 $ 416,000 $ 138,000 $ 45,000
Hubbard County Minnesota 3 $ 907,000 $ 302,000 $ 294,000
Lyon County Minnesota 3 $ 689,000 $ 229,000 $ 93,000
Mower County Minnesota 3 $ 450,000 $ 150,000 $ 51,000
Redwood County Minnesota 3 $ 467,000 $ 155,000 $ 49,000
Renville County Minnesota 3 $ 214,000 $ 71,000 $ 40,000
Okmulgee County Oklahoma 3 $ 296,000 $ 98,000 $ 44,000
Pawnee County Oklahoma 3 $ 561,000 $ 187,000 $ 61,000
Wagoner County Oklahoma 3 $ 463,000 $ 154,000 $ 50,000
Harris County Texas 3 $ 1,045,000 $ 348,000 $ 132,000
Prince William County Virginia 3 $ 1,088,000 $ 362,000 $ 0
Green County Wisconsin 3 $ 441,000 $ 147,000 $ 62,000
Juneau County Wisconsin 3 $ 412,000 $ 137,000 $ 77,000
Marinette County Wisconsin 3 $ 348,000 $ 116,000 $ 29,000
Marquette County Wisconsin 3 $ 494,000 $ 164,000 $ 43,000
Ozaukee County Wisconsin 3 $ 521,000 $ 173,000 $ 59,000
Pima County Arizona 2 $ 437,000 $ 218,000 $ 178,000
Santa Cruz County California 2 $ 1,043,000 $ 521,000 $ 173,000
Lake County Florida 2 $ 502,000 $ 251,000 $ 30,000
Lake County Illinois 2 $ 592,000 $ 296,000 $ 76,000
McHenry County Illinois 2 $ 414,000 $ 207,000 $ 34,000
Will County Illinois 2 $ 979,000 $ 489,000 $ 77,000
Scott County Iowa 2 $ 260,000 $ 130,000 $ 90,000
Kent County Michigan 2 $ 373,000 $ 186,000 $ 71,000
Chippewa County Minnesota 2 $ 280,000 $ 140,000 $ 54,000
Lac qui Parle County Minnesota 2 $ 381,000 $ 190,000 $ 67,000
Roseau County Minnesota 2 $ 305,000 $ 152,000 $ 101,000
Swift County Minnesota 2 $ 199,000 $ 99,000 $ 39,000
Yellow Medicine County Minnesota 2 $ 228,000 $ 114,000 $ 32,000
Cass County North Dakota 2 $ 665,000 $ 332,000 $ 94,000
McHenry County North Dakota 2 $ 406,000 $ 203,000 $ 76,000
Mountrail County North Dakota 2 $ 459,000 $ 229,000 $ 67,000
Williams County North Dakota 2 $ 799,000 $ 399,000 $ 226,000
Meade County South Dakota 2 $ 167,000 $ 83,000 $ 30,000
Comal County Texas 2 $ 591,000 $ 295,000 $ 165,000
Chesterfield County Virginia 2 $ 585,000 $ 292,000 $ 97,000
Fairfax County Virginia 2 $ 1,465,000 $ 732,000 $ 126,000
Ashland County Wisconsin 2 $ 230,000 $ 115,000 $ 133,000
Door County Wisconsin 2 $ 348,000 $ 174,000 $ 52,000
Pepin County Wisconsin 2 $ 166,000 $ 83,000 $ 59,000
Wood County Wisconsin 2 $ 251,000 $ 125,000 $ 53,000
Pinal County Arizona 1 $ 277,000 $ 277,000 $ 0
Yavapai County Arizona 1 $ 799,000 $ 799,000 $ 150,000
Amador County California 1 $ 189,000 $ 189,000 $ 0
Kern County California 1 $ 276,000 $ 276,000 $ 57,000
Merced County California 1 $ 450,000 $ 450,000 $ 104,000
Napa County California 1 $ 364,000 $ 364,000 $ 153,000
Sacramento County California 1 $ 232,000 $ 232,000 $ 78,000
San Luis Obispo County California 1 $ 626,000 $ 626,000 $ 229,000
Sonoma County California 1 $ 414,000 $ 414,000 $ 285,000
Ventura County California 1 $ 275,000 $ 275,000 $ 204,000
Yuba County California 1 $ 174,000 $ 174,000 $ 56,000
Adams County Colorado 1 $ 100,000 $ 100,000 $ 37,000
Boulder County Colorado 1 $ 600,000 $ 600,000 $ 223,000
Broomfield County Colorado 1 $ 341,000 $ 341,000 $ 62,000
Elbert County Colorado 1 $ 255,000 $ 255,000 $ 72,000
Park County Colorado 1 $ 247,000 $ 247,000 $ 226,000
Weld County Colorado 1 $ 248,000 $ 248,000 $ 60,000
Charlotte County Florida 1 $ 118,000 $ 118,000 $ 97,000
Hernando County Florida 1 $ 157,000 $ 157,000 $ 53,000
Hillsborough County Florida 1 $ 116,000 $ 116,000 $ 56,000
Miami-Dade County Florida 1 $ 157,000 $ 157,000 $ 343,000
Sarasota County Florida 1 $ 420,000 $ 420,000 $ 879,000
DeKalb County Illinois 1 $ 232,000 $ 232,000 $ 80,000
Kendall County Illinois 1 $ 170,000 $ 170,000 $ 65,000
Madison County Illinois 1 $ 98,000 $ 98,000 $ 0
Dickinson County Iowa 1 $ 360,000 $ 360,000 $ 188,000
Palo Alto County Iowa 1 $ 129,000 $ 129,000 $ 165,000
Wapello County Iowa 1 $ 157,000 $ 157,000 $ 68,000
Livingston County Michigan 1 $ 366,000 $ 366,000 $ 210,000
Macomb County Michigan 1 $ 340,000 $ 340,000 $ 0
Ottawa County Michigan 1 $ 312,000 $ 312,000 $ 110,000
Van Buren County Michigan 1 $ 157,000 $ 157,000 $ 0
Wayne County Michigan 1 $ 202,000 $ 202,000 $ 0
Big Stone County Minnesota 1 $ 119,000 $ 119,000 $ 72,000
Clearwater County Minnesota 1 $ 116,000 $ 116,000 $ 78,000
Marshall County Minnesota 1 $ 170,000 $ 170,000 $ 79,000
Murray County Minnesota 1 $ 83,000 $ 83,000 $ 38,000
Dickey County North Dakota 1 $ 69,000 $ 69,000 $ 32,000
Divide County North Dakota 1 $ 195,000 $ 195,000 $ 108,000
Dunn County North Dakota 1 $ 77,000 $ 77,000 $ 28,000
McLean County North Dakota 1 $ 125,000 $ 125,000 $ 59,000
Renville County North Dakota 1 $ 246,000 $ 246,000 $ 57,000
Carter County Oklahoma 1 $ 213,000 $ 213,000 $ 96,000
Delaware County Oklahoma 1 $ 275,000 $ 275,000 $ 258,000
Mayes County Oklahoma 1 $ 133,000 $ 133,000 $ 60,000
Davison County South Dakota 1 $ 125,000 $ 125,000 $ 35,000
Deuel County South Dakota 1 $ 70,000 $ 70,000 $ 56,000
Edmunds County South Dakota 1 $ 200,000 $ 200,000 $ 93,000
Moody County South Dakota 1 $ 128,000 $ 128,000 $ 32,000
Spink County South Dakota 1 $ 150,000 $ 150,000 $ 36,000
Bastrop County Texas 1 $ 131,000 $ 131,000 $ 33,000
Bell County Texas 1 $ 190,000 $ 190,000 $ 49,000
Brazos County Texas 1 $ 56,000 $ 56,000 $ 184,000
Burnet County Texas 1 $ 186,000 $ 186,000 $ 57,000
Cooke County Texas 1 $ 424,000 $ 424,000 $ 320,000
Guadalupe County Texas 1 $ 242,000 $ 242,000 $ 123,000
Kaufman County Texas 1 $ 211,000 $ 211,000 $ 73,000
Llano County Texas 1 $ 50,000 $ 50,000 $ 25,000
Parker County Texas 1 $ 270,000 $ 270,000 $ 117,000
Randall County Texas 1 $ 350,000 $ 350,000 $ 101,000
Smith County Texas 1 $ 475,000 $ 475,000 $ 96,000
Wise County Texas 1 $ 165,000 $ 165,000 $ 69,000
Chesapeake County Virginia 1 $ 337,000 $ 337,000 $ 0
Lancaster County Virginia 1 $ 218,000 $ 218,000 $ 0
Orange County Virginia 1 $ 472,000 $ 472,000 $ 0
Spotsylvania County Virginia 1 $ 440,000 $ 440,000 $ 214,000
Buffalo County Wisconsin 1 $ 85,000 $ 85,000 $ 33,000
Clark County Wisconsin 1 $ 121,000 $ 121,000 $ 23,000
Crawford County Wisconsin 1 $ 174,000 $ 174,000 $ 46,000
Forest County Wisconsin 1 $ 95,000 $ 95,000 $ 101,000
Iowa County Wisconsin 1 $ 113,000 $ 113,000 $ 75,000
Price County Wisconsin 1 $ 171,000 $ 171,000 $ 79,000
Richland County Wisconsin 1 $ 160,000 $ 160,000 $ 90,000
Sheboygan County Wisconsin 1 $ 176,000 $ 176,000 $ 108,000
Vilas County Wisconsin 1 $ 109,000 $ 109,000 $ 58,000

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 Minnesota, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Luminate Home Loans 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 6,771 $1,456,504,000 $215,000 $2,225,000 $87,000 $2,580,000
Refinancing 1,845 $444,422,000 $240,000 $1,487,000 $108,000 $1,150,000
Home Improvement 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 7,410 $1,621,668,000 $218,000 $2,225,000 $92,000 $2,580,000
Black or African American 344 $72,248,000 $210,000 $641,000 $70,000 $252,000
Asian 307 $76,897,000 $250,000 $1,448,000 $100,000 $626,000
Hispanic 250 $55,944,000 $223,000 $900,000 $76,000 $380,000
Not Provided 245 $61,523,000 $251,000 $1,089,000 $102,000 $520,000
American Indian or Alaskan Native 33 $6,362,000 $192,000 $424,000 $77,000 $244,000
Native Hawaiian or Other Pacific Islander 27 $6,284,000 $232,000 $450,000 $98,000 $375,000
Not applicable 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) 5,423 $1,284,961,000 $236,000 $2,225,000 $106,000 $2,580,000
FHA-insured (Federal Housing Administration) 2,224 $414,949,000 $186,000 $647,000 $67,000 $708,000
VA-guaranteed (Veterans Administration) 568 $141,229,000 $248,000 $774,000 $77,000 $312,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 401 $59,787,000 $149,000 $369,000 $51,000 $115,000

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 7,229 $1,574,179,000 $217,000 $1,838,000 $91,000 $1,324,000
Application Withdrawn By Applicant 1,050 $251,777,000 $239,000 $2,225,000 $97,000 $2,580,000
Application Denied By Financial Institution 295 $63,958,000 $216,000 $1,267,000 $81,000 $426,000
File Closed For Incompleteness 42 $11,012,000 $262,000 $876,000 $105,000 $520,000
Application Approved But Not Accepted 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
Preapproval Denied by Financial 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
Collateral 100 $23,401,000 $234,000 $790,000 $93,000 $426,000
Credit History 58 $11,402,000 $196,000 $745,000 $81,000 $372,000
Employment History 40 $7,683,000 $192,000 $880,000 $65,000 $368,000
Debt-To-Income Ratio 33 $7,491,000 $227,000 $561,000 $70,000 $173,000
Insufficient Cash (Downpayment, Closing Cost) 27 $5,536,000 $205,000 $600,000 $66,000 $223,000
Other 13 $3,888,000 $299,000 $1,267,000 $92,000 $302,000
Unverifiable Information 8 $1,393,000 $174,000 $320,000 $61,000 $109,000
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 MN, 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 Minnesota, and search similar information at your convenience.

Download the Minnesota Lender List