Bank Midwest
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
Bank Midwest 2021 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Bank Midwest 1525 18Th Street Suite 100 Spirit Lake, IA 51360 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 |
| Total Number of Mortgage Applications | 612 |
| Total Mortgage Loan Application Amount | $130,720,000 |
| Average Mortgage Loan Application Amount | $173,400 |
| Highest Mortgage Loan Application Amount | $5,415,000 |
| Average Applicant Income | $94,400 |
| Highest Applicant Income | $2,859,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 with Bank Midwest. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Bank Midwest's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2021 breaks down Bank Midwest's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Bank Midwest serves its applicants.
Each category highlights the total number of mortgage applications processed by Bank Midwest, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Bank Midwest's mortgage activity for 2021.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Dickinson County Iowa | 94 | $ 27,000,000 | $ 287,000 | $ 179,000 |
| Martin County Minnesota | 78 | $ 12,340,000 | $ 158,000 | $ 96,000 |
| Brown County Minnesota | 61 | $ 9,075,000 | $ 148,000 | $ 83,000 |
| Jackson County Minnesota | 57 | $ 9,545,000 | $ 167,000 | $ 87,000 |
| Cottonwood County Minnesota | 46 | $ 6,380,000 | $ 138,000 | $ 107,000 |
| Hennepin County Minnesota | 38 | $ 13,650,000 | $ 359,000 | $ 270,000 |
| Emmet County Iowa | 24 | $ 3,210,000 | $ 133,000 | $ 74,000 |
| Ramsey County Minnesota | 19 | $ 5,515,000 | $ 290,000 | $ 163,000 |
| Nicollet County Minnesota | 18 | $ 3,940,000 | $ 218,000 | $ 94,000 |
| Washington County Minnesota | 13 | $ 3,245,000 | $ 249,000 | $ 120,000 |
| Sac County Iowa | 11 | $ 1,165,000 | $ 105,000 | $ 61,000 |
| Blue Earth County Minnesota | 11 | $ 2,375,000 | $ 215,000 | $ 151,000 |
| Faribault County Minnesota | 10 | $ 700,000 | $ 70,000 | $ 58,000 |
| Dakota County Minnesota | 9 | $ 2,095,000 | $ 232,000 | $ 141,000 |
| Kossuth County Iowa | 8 | $ 960,000 | $ 120,000 | $ 59,000 |
| Minnehaha County South Dakota | 7 | $ 1,545,000 | $ 220,000 | $ 102,000 |
| Scott County Minnesota | 6 | $ 1,230,000 | $ 205,000 | $ 146,000 |
| Clay County Iowa | 5 | $ 1,015,000 | $ 203,000 | $ 149,000 |
| Douglas County Nebraska | 5 | $ 585,000 | $ 117,000 | $ 114,000 |
| Osceola County Iowa | 4 | $ 330,000 | $ 82,000 | $ 51,000 |
| Polk County Iowa | 4 | $ 690,000 | $ 172,000 | $ 152,000 |
| Anoka County Minnesota | 4 | $ 850,000 | $ 212,000 | $ 114,000 |
| Lyon County Minnesota | 4 | $ 660,000 | $ 165,000 | $ 71,000 |
| Olmsted County Minnesota | 4 | $ 960,000 | $ 240,000 | $ 128,000 |
| Watonwan County Minnesota | 4 | $ 420,000 | $ 105,000 | $ 86,000 |
| Story County Iowa | 3 | $ 735,000 | $ 245,000 | $ 117,000 |
| Carver County Minnesota | 3 | $ 765,000 | $ 255,000 | $ 213,000 |
| Sibley County Minnesota | 3 | $ 475,000 | $ 158,000 | $ 79,000 |
| Wright County Minnesota | 3 | $ 805,000 | $ 268,000 | $ 100,000 |
| Maricopa County Arizona | 2 | $ 700,000 | $ 350,000 | $ 169,000 |
| Carroll County Iowa | 2 | $ 310,000 | $ 155,000 | $ 89,000 |
| Johnson County Iowa | 2 | $ 270,000 | $ 135,000 | $ 71,000 |
| Monona County Iowa | 2 | $ 200,000 | $ 100,000 | $ 63,000 |
| O'Brien County Iowa | 2 | $ 290,000 | $ 145,000 | $ 50,000 |
| Douglas County Minnesota | 2 | $ 550,000 | $ 275,000 | $ 288,000 |
| Renville County Minnesota | 2 | $ 290,000 | $ 145,000 | $ 97,000 |
| Brookings County South Dakota | 2 | $ 420,000 | $ 210,000 | $ 115,000 |
| Brown County South Dakota | 2 | $ 7,060,000 | $ 3,530,000 | $ 0 |
| Ozaukee County Wisconsin | 2 | $ 660,000 | $ 330,000 | $ 70,000 |
| Carroll County Arkansas | 1 | $ 205,000 | $ 205,000 | $ 233,000 |
| San Bernardino County California | 1 | $ 25,000 | $ 25,000 | $ 96,000 |
| DuPage County Illinois | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Benton County Iowa | 1 | $ 55,000 | $ 55,000 | $ 150,000 |
| Boone County Iowa | 1 | $ 125,000 | $ 125,000 | $ 47,000 |
| Dallas County Iowa | 1 | $ 165,000 | $ 165,000 | $ 76,000 |
| Hardin County Iowa | 1 | $ 385,000 | $ 385,000 | $ 98,000 |
| Poweshiek County Iowa | 1 | $ 175,000 | $ 175,000 | $ 196,000 |
| Scott County Iowa | 1 | $ 45,000 | $ 45,000 | $ 31,000 |
| Webster County Iowa | 1 | $ 195,000 | $ 195,000 | $ 109,000 |
| Benton County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 58,000 |
| Big Stone County Minnesota | 1 | $ 485,000 | $ 485,000 | $ 82,000 |
| Cass County Minnesota | 1 | $ 285,000 | $ 285,000 | $ 70,000 |
| Crow Wing County Minnesota | 1 | $ 215,000 | $ 215,000 | $ 175,000 |
| Hubbard County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 38,000 |
| Kandiyohi County Minnesota | 1 | $ 345,000 | $ 345,000 | $ 345,000 |
| Lake County Minnesota | 1 | $ 295,000 | $ 295,000 | $ 152,000 |
| Lake of the Woods County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 156,000 |
| McLeod County Minnesota | 1 | $ 245,000 | $ 245,000 | $ 99,000 |
| Morrison County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 94,000 |
| Murray County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 72,000 |
| Nobles County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 114,000 |
| Rock County Minnesota | 1 | $ 225,000 | $ 225,000 | $ 190,000 |
| Sherburne County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 37,000 |
| St. Louis County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 62,000 |
| Steele County Minnesota | 1 | $ 265,000 | $ 265,000 | $ 145,000 |
| Todd County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 165,000 |
| St. Louis County Missouri | 1 | $ 65,000 | $ 65,000 | $ 34,000 |
| Lake County Ohio | 1 | $ 385,000 | $ 385,000 | $ 166,000 |
| Clark County South Dakota | 1 | $ 135,000 | $ 135,000 | $ 155,000 |
| Hutchinson County South Dakota | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Lincoln County South Dakota | 1 | $ 515,000 | $ 515,000 | $ 112,000 |
| Dane County Wisconsin | 1 | $ 495,000 | $ 495,000 | $ 129,000 |
| St. Croix County Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 85,000 |
| Fremont County Wyoming | 1 | $ 335,000 | $ 335,000 | $ 0 |
Mortgage Loan Application Detail Totals for Bank Midwest in 2021
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 | 237 | $55,915,000 | $235,000 | $5,415,000 | $105,000 | $2,859,000 |
| Refinancing | 229 | $46,435,000 | $202,000 | $1,075,000 | $125,000 | $1,150,000 |
| Cash-out Refinancing | 137 | $27,615,000 | $201,000 | $545,000 | $140,000 | $1,500,000 |
| Home Improvement | 7 | $415,000 | $59,000 | $175,000 | $70,000 | $97,000 |
| Other Purpose | 2 | $340,000 | $170,000 | $215,000 | $32,000 | $44,000 |
| 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 | 515 | $97,645,000 | $189,000 | $2,005,000 | $122,000 | $2,859,000 |
| Not applicable | 46 | $23,150,000 | $503,000 | $5,415,000 | $96,000 | $96,000 |
| Not Provided | 25 | $5,105,000 | $204,000 | $545,000 | $87,000 | $196,000 |
| Hispanic | 10 | $1,310,000 | $131,000 | $265,000 | $107,000 | $158,000 |
| Asian | 8 | $1,420,000 | $177,000 | $365,000 | $111,000 | $171,000 |
| Black or African American | 2 | $110,000 | $55,000 | $65,000 | $31,000 | $34,000 |
| American Indian or Alaskan Native | 1 | $175,000 | $175,000 | $175,000 | $69,000 | $69,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 591 | $128,015,000 | $216,000 | $5,415,000 | $122,000 | $2,859,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 15 | $1,755,000 | $117,000 | $175,000 | $44,000 | $72,000 |
| FHA-insured (Federal Housing Administration) | 4 | $600,000 | $150,000 | $325,000 | $75,000 | $171,000 |
| VA-guaranteed (Veterans Administration) | 2 | $350,000 | $175,000 | $285,000 | $77,000 | $137,000 |
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 | 457 | $102,605,000 | $224,000 | $5,415,000 | $122,000 | $2,859,000 |
| Application Withdrawn By Applicant | 92 | $17,610,000 | $191,000 | $1,505,000 | $111,000 | $1,150,000 |
| Application Denied By Financial Institution | 43 | $6,665,000 | $155,000 | $545,000 | $57,000 | $169,000 |
| File Closed For Incompleteness | 16 | $3,340,000 | $208,000 | $525,000 | $279,000 | $1,500,000 |
| Application Approved But Not Accepted | 4 | $500,000 | $125,000 | $225,000 | $76,000 | $111,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 569 | $124,055,000 | $218,000 | $5,415,000 | $125,000 | $2,859,000 |
| Credit History | 16 | $1,780,000 | $111,000 | $245,000 | $47,000 | $111,000 |
| Debt-To-Income Ratio | 15 | $3,095,000 | $206,000 | $545,000 | $49,000 | $169,000 |
| Collateral | 9 | $1,585,000 | $176,000 | $385,000 | $96,000 | $146,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $130,000 | $65,000 | $65,000 | $40,000 | $51,000 |
| Employment History | 1 | $75,000 | $75,000 | $75,000 | $30,000 | $30,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Bank Midwest's 2021 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Bank Midwest's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Iowa, download the full spreadsheet
with aggregated HMDA statistics today.