Bremer Bank NA Mortgage Lending & HMDA Data, 2023

In 2023, Bremer Bank NA of Saint Paul, MN reported 2,787 mortgage applications totaling $897.3 million, down 37% from 2022. The average application was for $321,968, and applicants reported an average income of $164,907. 75% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Minneapolis-St. Paul-Bloomington, MN-WI (864), St. Cloud, MN (176) and Rochester, MN (173) (applications in parentheses).

Mortgage Company & Address Bremer Bank NA
372 Saint Peter Street
Saint Paul, MN 55102
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  
Total Number of Mortgage Applications 2,787
Total Mortgage Loan Application Amount $897,325,000
Average Mortgage Loan Application Amount $321,968
Highest Mortgage Loan Application Amount $38,005,000
Average Applicant Income $164,907
Highest Applicant Income $3,329,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bremer Bank NA filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Bremer Bank NA by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Hennepin, Minnesota 259 $ 152,615,000 $ 589,247 $ 239,000
Olmsted, Minnesota 127 $ 35,325,000 $ 278,149 $ 198,000
Stearns, Minnesota 127 $ 32,895,000 $ 259,015 $ 188,000
Dakota, Minnesota 114 $ 28,350,000 $ 248,684 $ 123,000
Cass, North Dakota 97 $ 24,645,000 $ 254,072 $ 171,000
Washington, Minnesota 89 $ 27,745,000 $ 311,741 $ 256,000
Carver, Minnesota 85 $ 69,045,000 $ 812,294 $ 229,000
Otter Tail, Minnesota 83 $ 19,115,000 $ 230,301 $ 166,000
Ramsey, Minnesota 80 $ 17,510,000 $ 218,875 $ 128,000
Douglas, Minnesota 78 $ 9,060,000 $ 116,153 $ 122,000
Kandiyohi, Minnesota 76 $ 15,570,000 $ 204,868 $ 139,000
Becker, Minnesota 73 $ 15,385,000 $ 210,753 $ 125,000
Polk, Minnesota 63 $ 8,475,000 $ 134,523 $ 84,000
Lyon, Minnesota 61 $ 9,115,000 $ 149,426 $ 116,000
Blue Earth, Minnesota 57 $ 15,205,000 $ 266,754 $ 135,000
Crow Wing, Minnesota 52 $ 11,970,000 $ 230,192 $ 199,000
Benton, Minnesota 49 $ 8,395,000 $ 171,326 $ 98,000
Grand Forks, North Dakota 49 $ 42,875,000 $ 875,000 $ 152,000
St. Croix, Wisconsin 48 $ 8,880,000 $ 185,000 $ 153,000
Anoka, Minnesota 47 $ 9,675,000 $ 205,851 $ 91,000
Clay, Minnesota 41 $ 9,745,000 $ 237,682 $ 123,000
Polk, Wisconsin 41 $ 7,615,000 $ 185,731 $ 97,000
Wright, Minnesota 40 $ 43,050,000 $ 1,076,250 $ 208,000
Redwood, Minnesota 39 $ 3,935,000 $ 100,897 $ 100,000
Steele, Minnesota 38 $ 6,810,000 $ 179,210 $ 116,000
Scott, Minnesota 33 $ 23,275,000 $ 705,303 $ 282,000
Cass, Minnesota 32 $ 8,690,000 $ 271,562 $ 285,000
Sherburne, Minnesota 31 $ 6,775,000 $ 218,548 $ 146,000
Stevens, Minnesota 31 $ 4,035,000 $ 130,161 $ 113,000
Richland, North Dakota 31 $ 4,705,000 $ 151,774 $ 100,000
Dodge, Minnesota 30 $ 5,730,000 $ 191,000 $ 124,000
Winona, Minnesota 29 $ 4,485,000 $ 154,655 $ 90,000
Mower, Minnesota 26 $ 3,200,000 $ 123,076 $ 127,000
Burnett, Wisconsin 25 $ 3,095,000 $ 123,800 $ 90,000
Eau Claire, Wisconsin 25 $ 6,625,000 $ 265,000 $ 102,000
Wilkin, Minnesota 19 $ 2,705,000 $ 142,368 $ 106,000
Dunn, Wisconsin 19 $ 3,005,000 $ 158,157 $ 108,000
Morrison, Minnesota 17 $ 2,485,000 $ 146,176 $ 97,000
Aitkin, Minnesota 16 $ 2,760,000 $ 172,500 $ 93,000
Bayfield, Wisconsin 16 $ 3,160,000 $ 197,500 $ 142,000
Hubbard, Minnesota 14 $ 4,160,000 $ 297,142 $ 286,000
Mille Lacs, Minnesota 14 $ 2,430,000 $ 173,571 $ 99,000
Isanti, Minnesota 13 $ 2,465,000 $ 189,615 $ 105,000
Walsh, North Dakota 13 $ 1,925,000 $ 148,076 $ 118,000
Maricopa, Arizona 12 $ 5,570,000 $ 464,166 $ 266,000
Nicollet, Minnesota 12 $ 3,470,000 $ 289,166 $ 167,000
St. Louis, Minnesota 12 $ 2,560,000 $ 213,333 $ 128,000
Foster, North Dakota 12 $ 2,620,000 $ 218,333 $ 200,000
La Crosse, Wisconsin 12 $ 3,830,000 $ 319,166 $ 235,000
Lee, Florida 11 $ 5,235,000 $ 475,909 $ 281,000
Koochiching, Minnesota 11 $ 935,000 $ 85,000 $ 91,000
Pope, Minnesota 11 $ 1,885,000 $ 171,363 $ 138,000
Marshall, Minnesota 9 $ 1,545,000 $ 171,666 $ 73,000
Ransom, North Dakota 9 $ 965,000 $ 107,222 $ 115,000
Barron, Wisconsin 9 $ 2,625,000 $ 291,666 $ 148,000
Chippewa, Wisconsin 9 $ 2,075,000 $ 230,555 $ 133,000
Fillmore, Minnesota 8 $ 670,000 $ 83,750 $ 68,000
Rice, Minnesota 8 $ 2,470,000 $ 308,750 $ 217,000
Wabasha, Minnesota 8 $ 1,170,000 $ 146,250 $ 363,000
Burleigh, North Dakota 8 $ 2,440,000 $ 305,000 $ 266,000
Ramsey, North Dakota 8 $ 1,630,000 $ 203,750 $ 98,000
Ashland, Wisconsin 8 $ 1,770,000 $ 221,250 $ 129,000
Goodhue, Minnesota 7 $ 2,235,000 $ 319,285 $ 198,000
McLeod, Minnesota 7 $ 2,165,000 $ 309,285 $ 125,000
Renville, Minnesota 7 $ 655,000 $ 93,571 $ 87,000
Todd, Minnesota 7 $ 645,000 $ 92,142 $ 64,000
Ward, North Dakota 7 $ 625,000 $ 89,285 $ 108,000
Beltrami, Minnesota 6 $ 950,000 $ 158,333 $ 232,000
Grant, Minnesota 6 $ 650,000 $ 108,333 $ 76,000
Le Sueur, Minnesota 6 $ 1,260,000 $ 210,000 $ 161,000
Lincoln, Minnesota 6 $ 830,000 $ 138,333 $ 173,000
Meeker, Minnesota 6 $ 1,070,000 $ 178,333 $ 98,000
Norman, Minnesota 6 $ 780,000 $ 130,000 $ 75,000
Houston, Minnesota 5 $ 695,000 $ 139,000 $ 60,000
Swift, Minnesota 5 $ 525,000 $ 105,000 $ 75,000
Washburn, Wisconsin 5 $ 1,735,000 $ 347,000 $ 214,000
Charlotte, Florida 4 $ 1,820,000 $ 455,000 $ 764,000
Collier, Florida 4 $ 1,760,000 $ 440,000 $ 454,000
Brown, Minnesota 4 $ 540,000 $ 135,000 $ 72,000
Chippewa, Minnesota 4 $ 480,000 $ 120,000 $ 51,000
Nobles, Minnesota 4 $ 1,410,000 $ 352,500 $ 190,000
Pennington, Minnesota 4 $ 990,000 $ 247,500 $ 128,000
Pine, Minnesota 4 $ 580,000 $ 145,000 $ 223,000
Watonwan, Minnesota 4 $ 480,000 $ 120,000 $ 62,000
Brookings, South Dakota 4 $ 980,000 $ 245,000 $ 94,000
Monroe, Wisconsin 4 $ 370,000 $ 92,500 $ 70,000
Pima, Arizona 3 $ 305,000 $ 101,666 $ 134,000
Manatee, Florida 3 $ 2,795,000 $ 931,666 $ 546,000
Chisago, Minnesota 3 $ 1,335,000 $ 445,000 $ 190,000
Itasca, Minnesota 3 $ 585,000 $ 195,000 $ 34,000
Kanabec, Minnesota 3 $ 535,000 $ 178,333 $ 57,000
Martin, Minnesota 3 $ 685,000 $ 228,333 $ 179,000
Waseca, Minnesota 3 $ 745,000 $ 248,333 $ 77,000
Yellow Medicine, Minnesota 3 $ 145,000 $ 48,333 $ 94,000
Pembina, North Dakota 3 $ 405,000 $ 135,000 $ 98,000
Sargent, North Dakota 3 $ 935,000 $ 311,666 $ 190,000
Douglas, Wisconsin 3 $ 1,415,000 $ 471,666 $ 57,000
Sawyer, Wisconsin 3 $ 2,105,000 $ 701,666 $ 247,000
Escambia, Florida 2 $ 1,130,000 $ 565,000 $ 1,376,000
Kittson, Minnesota 2 $ 340,000 $ 170,000 $ 165,000
Red Lake, Minnesota 2 $ 60,000 $ 30,000 $ 82,000
Roseau, Minnesota 2 $ 500,000 $ 250,000 $ 0
Sibley, Minnesota 2 $ 310,000 $ 155,000 $ 304,000
Traverse, Minnesota 2 $ 120,000 $ 60,000 $ 92,000
Wadena, Minnesota 2 $ 440,000 $ 220,000 $ 226,000
Douglas, Nebraska 2 $ 540,000 $ 270,000 $ 0
Bottineau, North Dakota 2 $ 570,000 $ 285,000 $ 527,000
McHenry, North Dakota 2 $ 430,000 $ 215,000 $ 60,000
McLean, North Dakota 2 $ 320,000 $ 160,000 $ 163,000
Pierce, North Dakota 2 $ 330,000 $ 165,000 $ 146,000
Stutsman, North Dakota 2 $ 5,150,000 $ 2,575,000 $ 1,840,000
Traill, North Dakota 2 $ 310,000 $ 155,000 $ 107,000
Roberts, South Dakota 2 $ 200,000 $ 100,000 $ 47,000
Collin, Texas 2 $ 960,000 $ 480,000 $ 188,000
Calumet, Wisconsin 2 $ 380,000 $ 190,000 $ 271,000
Dane, Wisconsin 2 $ 770,000 $ 385,000 $ 139,000
Pepin, Wisconsin 2 $ 480,000 $ 240,000 $ 175,000
Pierce, Wisconsin 2 $ 190,000 $ 95,000 $ 139,000
Trempealeau, Wisconsin 2 $ 530,000 $ 265,000 $ 128,000
Waukesha, Wisconsin 2 $ 870,000 $ 435,000 $ 187,000
Coconino, Arizona 1 $ 425,000 $ 425,000 $ 0
Yavapai, Arizona 1 $ 575,000 $ 575,000 $ 264,000
Washington, Arkansas 1 $ 21,005,000 $ 21,005,000 $ 0
Denver, Colorado 1 $ 505,000 $ 505,000 $ 291,000
Jefferson, Colorado 1 $ 355,000 $ 355,000 $ 376,000
Alachua, Florida 1 $ 405,000 $ 405,000 $ 131,000
Hernando, Florida 1 $ 135,000 $ 135,000 $ 67,000
Marion, Florida 1 $ 155,000 $ 155,000 $ 109,000
Polk, Florida 1 $ 215,000 $ 215,000 $ 130,000
Santa Rosa, Florida 1 $ 545,000 $ 545,000 $ 0
St. Johns, Florida 1 $ 225,000 $ 225,000 $ 52,000
St. Lucie, Florida 1 $ 325,000 $ 325,000 $ 220,000
Sumter, Florida 1 $ 275,000 $ 275,000 $ 153,000
Worth, Iowa 1 $ 35,000 $ 35,000 $ 89,000
Big Stone, Minnesota 1 $ 175,000 $ 175,000 $ 97,000
Clearwater, Minnesota 1 $ 45,000 $ 45,000 $ 49,000
Cook, Minnesota 1 $ 695,000 $ 695,000 $ 240,000
Cottonwood, Minnesota 1 $ 65,000 $ 65,000 $ 85,000
Faribault, Minnesota 1 $ 145,000 $ 145,000 $ 244,000
Freeborn, Minnesota 1 $ 325,000 $ 325,000 $ 173,000
Lake, Minnesota 1 $ 545,000 $ 545,000 $ 107,000
Lake of the Woods, Minnesota 1 $ 65,000 $ 65,000 $ 42,000
Mahnomen, Minnesota 1 $ 65,000 $ 65,000 $ 31,000
Murray, Minnesota 1 $ 505,000 $ 505,000 $ 466,000
Pipestone, Minnesota 1 $ 115,000 $ 115,000 $ 70,000
Rock, Minnesota 1 $ 645,000 $ 645,000 $ 0
Barnes, North Dakota 1 $ 155,000 $ 155,000 $ 241,000
Benson, North Dakota 1 $ 125,000 $ 125,000 $ 579,000
Cavalier, North Dakota 1 $ 175,000 $ 175,000 $ 560,000
Eddy, North Dakota 1 $ 55,000 $ 55,000 $ 301,000
Kidder, North Dakota 1 $ 105,000 $ 105,000 $ 139,000
Morton, North Dakota 1 $ 415,000 $ 415,000 $ 148,000
Stark, North Dakota 1 $ 55,000 $ 55,000 $ 234,000
Towner, North Dakota 1 $ 45,000 $ 45,000 $ 89,000
Wells, North Dakota 1 $ 15,000 $ 15,000 $ 37,000
Cuyahoga, Ohio 1 $ 295,000 $ 295,000 $ 881,000
Greenville, South Carolina 1 $ 145,000 $ 145,000 $ 127,000
Lawrence, South Dakota 1 $ 405,000 $ 405,000 $ 388,000
Minnehaha, South Dakota 1 $ 215,000 $ 215,000 $ 712,000
Pennington, South Dakota 1 $ 1,105,000 $ 1,105,000 $ 430,000
Comal, Texas 1 $ 225,000 $ 225,000 $ 67,000
Buffalo, Wisconsin 1 $ 75,000 $ 75,000 $ 55,000
Kenosha, Wisconsin 1 $ 35,000 $ 35,000 $ 138,000
Milwaukee, Wisconsin 1 $ 195,000 $ 195,000 $ 81,000
Portage, Wisconsin 1 $ 335,000 $ 335,000 $ 215,000
Rusk, Wisconsin 1 $ 105,000 $ 105,000 $ 588,000
Vernon, Wisconsin 1 $ 575,000 $ 575,000 $ 270,000
Waupaca, Wisconsin 1 $ 175,000 $ 175,000 $ 265,000

Mortgage Loan Application Detail Totals for Bremer Bank NA in 2023

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 1,482 $705,180,000 $475,000 $38,005,000 $172,000 $2,460,000
Other Purpose 575 $59,885,000 $104,000 $915,000 $156,000 $3,329,000
Refinancing 372 $69,720,000 $187,000 $2,105,000 $174,000 $3,031,000
Cash-out Refinancing 196 $48,410,000 $246,000 $2,025,000 $130,000 $1,670,000
Home Improvement 162 $14,130,000 $87,000 $855,000 $153,000 $1,083,000
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 1,935 $510,565,000 $263,000 $2,105,000 $169,000 $3,329,000
Not Provided 534 $105,590,000 $197,000 $3,755,000 $172,000 $2,886,000
Black or African American 125 $30,645,000 $245,000 $1,765,000 $88,000 $613,000
Not applicable 58 $207,250,000 $3,573,000 $38,005,000 $0 $0
Asian 57 $22,075,000 $387,000 $1,995,000 $194,000 $940,000
Hispanic 47 $11,795,000 $250,000 $1,305,000 $119,000 $516,000
American Indian or Alaskan Native 19 $3,855,000 $202,000 $475,000 $103,000 $309,000
Native Hawaiian or Other Pacific Islander 3 $505,000 $168,000 $225,000 $62,000 $66,000

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) 2,684 $874,350,000 $325,000 $38,005,000 $168,000 $3,329,000
FHA-insured (Federal Housing Administration) 73 $14,855,000 $203,000 $385,000 $75,000 $173,000
VA-guaranteed (Veterans Administration) 18 $6,310,000 $350,000 $715,000 $159,000 $569,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 12 $1,810,000 $150,000 $255,000 $57,000 $107,000

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 2,099 $713,905,000 $340,000 $38,005,000 $171,000 $3,329,000
Application Withdrawn By Applicant 253 $89,985,000 $355,000 $3,755,000 $212,000 $2,886,000
Application Denied By Financial Institution 212 $32,420,000 $152,000 $2,025,000 $107,000 $1,376,000
Loan Purchased By The Institution 125 $26,775,000 $214,000 $425,000 $61,000 $102,000
File Closed For Incompleteness 63 $27,935,000 $443,000 $1,605,000 $178,000 $1,024,000
Application Approved But Not Accepted 35 $6,305,000 $180,000 $1,125,000 $152,000 $620,000
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 2,575 $864,905,000 $335,000 $38,005,000 $170,000 $3,329,000
Debt-To-Income Ratio 118 $16,010,000 $135,000 $2,025,000 $83,000 $624,000
Credit History 65 $10,165,000 $156,000 $575,000 $110,000 $640,000
Collateral 20 $4,680,000 $234,000 $995,000 $242,000 $1,376,000
Employment History 4 $700,000 $175,000 $265,000 $70,000 $83,000
Other 2 $120,000 $60,000 $85,000 $138,000 $206,000
Unverifiable Information 1 $125,000 $125,000 $125,000 $38,000 $38,000
Credit Application Incomplete 1 $425,000 $425,000 $425,000 $100,000 $100,000
Insufficient Cash (Downpayment, Closing Cost) 1 $195,000 $195,000 $195,000 $70,000 $70,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bremer Bank NA's 2023 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 Bremer Bank NA'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.
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