Choice Financial Group
HMDA Loan Application Totals
and Mortgage Lending Details
for 2018
Choice Financial Group 2018 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 | Choice Financial Group 4501 23Rd Ave S Fargo, ND 58104 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 477 |
| Total Mortgage Loan Application Amount | $147,735,000 |
| Average Mortgage Loan Application Amount | $267,800 |
| Highest Mortgage Loan Application Amount | $9,365,000 |
| Average Applicant Income | $169,400 |
| Highest Applicant Income | $3,186,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2018 with Choice Financial Group. 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 Choice Financial Group's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2018 breaks down Choice Financial Group'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 Choice Financial Group serves its applicants.
Each category highlights the total number of mortgage applications processed by Choice Financial Group, 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 Choice Financial Group's mortgage activity for 2018.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cass County North Dakota | 57 | $ 24,535,000 | $ 430,000 | $ 173,000 |
| Hennepin County Minnesota | 47 | $ 15,675,000 | $ 333,000 | $ 147,000 |
| Burleigh County North Dakota | 45 | $ 11,825,000 | $ 262,000 | $ 119,000 |
| Grand Forks County North Dakota | 37 | $ 8,995,000 | $ 243,000 | $ 110,000 |
| Clay County Minnesota | 22 | $ 7,250,000 | $ 329,000 | $ 106,000 |
| Stark County North Dakota | 21 | $ 14,435,000 | $ 687,000 | $ 157,000 |
| Walsh County North Dakota | 21 | $ 2,895,000 | $ 137,000 | $ 92,000 |
| Cavalier County North Dakota | 16 | $ 2,230,000 | $ 139,000 | $ 123,000 |
| Ramsey County Minnesota | 15 | $ 3,285,000 | $ 219,000 | $ 136,000 |
| Polk County Minnesota | 14 | $ 3,960,000 | $ 282,000 | $ 125,000 |
| LaMoure County North Dakota | 12 | $ 1,760,000 | $ 146,000 | $ 72,000 |
| Morton County North Dakota | 12 | $ 5,720,000 | $ 476,000 | $ 208,000 |
| Dakota County Minnesota | 11 | $ 3,455,000 | $ 314,000 | $ 387,000 |
| Becker County Minnesota | 9 | $ 3,985,000 | $ 442,000 | $ 156,000 |
| Stutsman County North Dakota | 9 | $ 845,000 | $ 93,000 | $ 50,000 |
| St. Louis County Minnesota | 8 | $ 3,580,000 | $ 447,000 | $ 273,000 |
| Anoka County Minnesota | 7 | $ 1,795,000 | $ 256,000 | $ 103,000 |
| Pembina County North Dakota | 7 | $ 835,000 | $ 119,000 | $ 133,000 |
| Maricopa County Arizona | 6 | $ 1,420,000 | $ 236,000 | $ 314,000 |
| Otter Tail County Minnesota | 6 | $ 1,890,000 | $ 315,000 | $ 147,000 |
| Washington County Minnesota | 6 | $ 3,400,000 | $ 566,000 | $ 221,000 |
| Kidder County North Dakota | 6 | $ 690,000 | $ 115,000 | $ 82,000 |
| Carver County Minnesota | 5 | $ 1,305,000 | $ 261,000 | $ 84,000 |
| Dickey County North Dakota | 4 | $ 390,000 | $ 97,000 | $ 59,000 |
| Charlotte County Florida | 3 | $ 565,000 | $ 188,000 | $ 246,000 |
| Cook County Illinois | 3 | $ 395,000 | $ 131,000 | $ 0 |
| Crow Wing County Minnesota | 3 | $ 385,000 | $ 128,000 | $ 199,000 |
| Scott County Minnesota | 3 | $ 915,000 | $ 305,000 | $ 110,000 |
| Wright County Minnesota | 3 | $ 685,000 | $ 228,000 | $ 156,000 |
| Lee County Florida | 2 | $ 560,000 | $ 280,000 | $ 391,000 |
| Orange County Florida | 2 | $ 300,000 | $ 150,000 | $ 161,000 |
| Cass County Minnesota | 2 | $ 280,000 | $ 140,000 | $ 100,000 |
| Barnes County North Dakota | 2 | $ 390,000 | $ 195,000 | $ 76,000 |
| McLean County North Dakota | 2 | $ 390,000 | $ 195,000 | $ 1,664,000 |
| Mercer County North Dakota | 2 | $ 300,000 | $ 150,000 | $ 0 |
| Traill County North Dakota | 2 | $ 200,000 | $ 100,000 | $ 133,000 |
| Williams County North Dakota | 2 | $ 370,000 | $ 185,000 | $ 107,000 |
| Brown County South Dakota | 2 | $ 3,190,000 | $ 1,595,000 | $ 0 |
| Meade County South Dakota | 2 | $ 220,000 | $ 110,000 | $ 125,000 |
| Madison County Alabama | 1 | $ 215,000 | $ 215,000 | $ 69,000 |
| Juneau County Alaska | 1 | $ 195,000 | $ 195,000 | $ 48,000 |
| Cochise County Arizona | 1 | $ 185,000 | $ 185,000 | $ 47,000 |
| Yavapai County Arizona | 1 | $ 325,000 | $ 325,000 | $ 106,000 |
| Benton County Arkansas | 1 | $ 115,000 | $ 115,000 | $ 41,000 |
| Shasta County California | 1 | $ 315,000 | $ 315,000 | $ 0 |
| DuPage County Illinois | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Beltrami County Minnesota | 1 | $ 315,000 | $ 315,000 | $ 186,000 |
| Brown County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 34,000 |
| Isanti County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 44,000 |
| Mille Lacs County Minnesota | 1 | $ 115,000 | $ 115,000 | $ 112,000 |
| Pine County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 52,000 |
| Red Lake County Minnesota | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Roseau County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 105,000 |
| Stearns County Minnesota | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Simpson County Mississippi | 1 | $ 5,000 | $ 5,000 | $ 29,000 |
| Gallatin County Montana | 1 | $ 855,000 | $ 855,000 | $ 262,000 |
| Lewis and Clark County Montana | 1 | $ 235,000 | $ 235,000 | $ 160,000 |
| Benson County North Dakota | 1 | $ 165,000 | $ 165,000 | $ 149,000 |
| Bowman County North Dakota | 1 | $ 105,000 | $ 105,000 | $ 44,000 |
| Dunn County North Dakota | 1 | $ 75,000 | $ 75,000 | $ 46,000 |
| Emmons County North Dakota | 1 | $ 65,000 | $ 65,000 | $ 33,000 |
| Golden Valley County North Dakota | 1 | $ 85,000 | $ 85,000 | $ 55,000 |
| Logan County North Dakota | 1 | $ 65,000 | $ 65,000 | $ 24,000 |
| Oliver County North Dakota | 1 | $ 455,000 | $ 455,000 | $ 562,000 |
| Ramsey County North Dakota | 1 | $ 95,000 | $ 95,000 | $ 38,000 |
| Ransom County North Dakota | 1 | $ 35,000 | $ 35,000 | $ 132,000 |
| Richland County North Dakota | 1 | $ 105,000 | $ 105,000 | $ 42,000 |
| Rolette County North Dakota | 1 | $ 235,000 | $ 235,000 | $ 10,000 |
| Sargent County North Dakota | 1 | $ 55,000 | $ 55,000 | $ 48,000 |
| Steele County North Dakota | 1 | $ 105,000 | $ 105,000 | $ 202,000 |
| Day County South Dakota | 1 | $ 355,000 | $ 355,000 | $ 244,000 |
| Knox County Tennessee | 1 | $ 175,000 | $ 175,000 | $ 63,000 |
| Tarrant County Texas | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Whatcom County Washington | 1 | $ 305,000 | $ 305,000 | $ 121,000 |
| Burnett County Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 159,000 |
| Sawyer County Wisconsin | 1 | $ 375,000 | $ 375,000 | $ 33,000 |
Mortgage Loan Application Detail Totals for Choice Financial Group 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 | 309 | $75,375,000 | $243,000 | $3,565,000 | $146,000 | $3,186,000 |
| Refinancing | 123 | $62,075,000 | $504,000 | $9,365,000 | $150,000 | $891,000 |
| Cash-out Refinancing | 22 | $6,910,000 | $314,000 | $895,000 | $155,000 | $368,000 |
| Home Improvement | 14 | $2,430,000 | $173,000 | $805,000 | $134,000 | $287,000 |
| Other Purpose | 9 | $945,000 | $105,000 | $455,000 | $262,000 | $1,465,000 |
| 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 | 360 | $88,510,000 | $245,000 | $4,005,000 | $151,000 | $3,186,000 |
| Not applicable | 85 | $50,655,000 | $595,000 | $9,365,000 | $0 | $0 |
| Not Provided | 17 | $5,255,000 | $309,000 | $1,205,000 | $139,000 | $327,000 |
| Asian | 6 | $1,730,000 | $288,000 | $445,000 | $132,000 | $368,000 |
| Hispanic | 6 | $1,150,000 | $191,000 | $455,000 | $109,000 | $253,000 |
| Black or African American | 3 | $435,000 | $145,000 | $235,000 | $149,000 | $296,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 462 | $145,490,000 | $314,000 | $9,365,000 | $151,000 | $3,186,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 9 | $995,000 | $110,000 | $155,000 | $47,000 | $65,000 |
| VA-guaranteed (Veterans Administration) | 3 | $655,000 | $218,000 | $285,000 | $77,000 | $86,000 |
| FHA-insured (Federal Housing Administration) | 3 | $595,000 | $198,000 | $265,000 | $332,000 | $853,000 |
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 | 376 | $115,630,000 | $307,000 | $9,365,000 | $152,000 | $3,186,000 |
| Application Withdrawn By Applicant | 60 | $16,880,000 | $281,000 | $1,205,000 | $148,000 | $853,000 |
| Application Denied By Financial Institution | 33 | $13,665,000 | $414,000 | $4,005,000 | $125,000 | $891,000 |
| Application Approved But Not Accepted | 5 | $1,105,000 | $221,000 | $455,000 | $197,000 | $418,000 |
| File Closed For Incompleteness | 3 | $455,000 | $151,000 | $195,000 | $186,000 | $296,000 |
| 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 | 444 | $134,070,000 | $301,000 | $9,365,000 | $152,000 | $3,186,000 |
| Debt-To-Income Ratio | 12 | $6,030,000 | $502,000 | $4,005,000 | $80,000 | $303,000 |
| Credit History | 11 | $1,155,000 | $105,000 | $185,000 | $62,000 | $144,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $1,010,000 | $252,000 | $355,000 | $133,000 | $153,000 |
| Collateral | 3 | $4,025,000 | $1,341,000 | $1,905,000 | $469,000 | $891,000 |
| Other | 2 | $1,370,000 | $685,000 | $945,000 | $205,000 | $250,000 |
| Employment History | 1 | $75,000 | $75,000 | $75,000 | $34,000 | $34,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Choice Financial Group's 2018 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 Choice Financial Group'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 North Dakota, download the full spreadsheet
with aggregated HMDA statistics today.