Choice Financial Group
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Choice Financial Group 2022 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 | 508 |
| Total Mortgage Loan Application Amount | $301,700,000 |
| Average Mortgage Loan Application Amount | $800,600 |
| Highest Mortgage Loan Application Amount | $13,475,000 |
| Average Applicant Income | $195,000 |
| Highest Applicant Income | $1,861,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 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 2022 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 2022.
| 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 | 78 | $ 56,770,000 | $ 727,000 | $ 118,000 |
| Burleigh County North Dakota | 61 | $ 24,735,000 | $ 405,000 | $ 177,000 |
| Hennepin County Minnesota | 33 | $ 17,845,000 | $ 540,000 | $ 331,000 |
| Clay County Minnesota | 30 | $ 18,380,000 | $ 612,000 | $ 146,000 |
| Grand Forks County North Dakota | 28 | $ 32,790,000 | $ 1,171,000 | $ 158,000 |
| Maricopa County Arizona | 23 | $ 18,055,000 | $ 785,000 | $ 468,000 |
| Stark County North Dakota | 23 | $ 17,875,000 | $ 777,000 | $ 150,000 |
| Cavalier County North Dakota | 21 | $ 2,715,000 | $ 129,000 | $ 112,000 |
| Morton County North Dakota | 20 | $ 8,770,000 | $ 438,000 | $ 253,000 |
| Walsh County North Dakota | 16 | $ 2,590,000 | $ 161,000 | $ 102,000 |
| Kidder County North Dakota | 11 | $ 2,195,000 | $ 199,000 | $ 95,000 |
| Anoka County Minnesota | 10 | $ 3,870,000 | $ 387,000 | $ 89,000 |
| Ramsey County Minnesota | 10 | $ 2,830,000 | $ 283,000 | $ 231,000 |
| Polk County Minnesota | 9 | $ 1,775,000 | $ 197,000 | $ 139,000 |
| Becker County Minnesota | 8 | $ 5,100,000 | $ 637,000 | $ 211,000 |
| Pembina County North Dakota | 8 | $ 930,000 | $ 116,000 | $ 57,000 |
| Dakota County Minnesota | 6 | $ 2,670,000 | $ 445,000 | $ 92,000 |
| Otter Tail County Minnesota | 6 | $ 2,490,000 | $ 415,000 | $ 198,000 |
| Washington County Minnesota | 6 | $ 5,490,000 | $ 915,000 | $ 421,000 |
| Dickey County North Dakota | 5 | $ 865,000 | $ 173,000 | $ 69,000 |
| McIntosh County North Dakota | 5 | $ 395,000 | $ 79,000 | $ 85,000 |
| Lee County Florida | 4 | $ 2,570,000 | $ 642,000 | $ 206,000 |
| Anne Arundel County Maryland | 4 | $ 1,630,000 | $ 407,000 | $ 0 |
| Chisago County Minnesota | 4 | $ 11,420,000 | $ 2,855,000 | $ 114,000 |
| Madison County Montana | 4 | $ 1,330,000 | $ 332,000 | $ 0 |
| Billings County North Dakota | 4 | $ 710,000 | $ 177,000 | $ 85,000 |
| Dunn County North Dakota | 4 | $ 2,020,000 | $ 505,000 | $ 380,000 |
| Emmons County North Dakota | 4 | $ 840,000 | $ 210,000 | $ 77,000 |
| Cass County Minnesota | 3 | $ 995,000 | $ 331,000 | $ 462,000 |
| LaMoure County North Dakota | 3 | $ 405,000 | $ 135,000 | $ 71,000 |
| Pima County Arizona | 2 | $ 2,900,000 | $ 1,450,000 | $ 0 |
| Pinal County Arizona | 2 | $ 640,000 | $ 320,000 | $ 535,000 |
| Crow Wing County Minnesota | 2 | $ 1,470,000 | $ 735,000 | $ 380,000 |
| Kandiyohi County Minnesota | 2 | $ 11,390,000 | $ 5,695,000 | $ 0 |
| Barnes County North Dakota | 2 | $ 1,040,000 | $ 520,000 | $ 0 |
| Logan County North Dakota | 2 | $ 140,000 | $ 70,000 | $ 46,000 |
| Stutsman County North Dakota | 2 | $ 260,000 | $ 130,000 | $ 15,000 |
| Traill County North Dakota | 2 | $ 910,000 | $ 455,000 | $ 90,000 |
| Lawrence County South Dakota | 2 | $ 1,270,000 | $ 635,000 | $ 473,000 |
| Coconino County Arizona | 1 | $ 1,875,000 | $ 1,875,000 | $ 844,000 |
| Navajo County Arizona | 1 | $ 755,000 | $ 755,000 | $ 248,000 |
| Los Angeles County California | 1 | $ 335,000 | $ 335,000 | $ 38,000 |
| San Diego County California | 1 | $ 805,000 | $ 805,000 | $ 39,000 |
| Routt County Colorado | 1 | $ 755,000 | $ 755,000 | $ 500,000 |
| Teller County Colorado | 1 | $ 195,000 | $ 195,000 | $ 83,000 |
| Brevard County Florida | 1 | $ 6,895,000 | $ 6,895,000 | $ 0 |
| Collier County Florida | 1 | $ 405,000 | $ 405,000 | $ 72,000 |
| Fayette County Georgia | 1 | $ 245,000 | $ 245,000 | $ 79,000 |
| O'Brien County Iowa | 1 | $ 9,045,000 | $ 9,045,000 | $ 0 |
| Saginaw County Michigan | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Carver County Minnesota | 1 | $ 465,000 | $ 465,000 | $ 155,000 |
| Marshall County Minnesota | 1 | $ 5,000 | $ 5,000 | $ 42,000 |
| Mille Lacs County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Rice County Minnesota | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Scott County Minnesota | 1 | $ 355,000 | $ 355,000 | $ 87,000 |
| St. Louis County Minnesota | 1 | $ 245,000 | $ 245,000 | $ 112,000 |
| Wilkin County Minnesota | 1 | $ 315,000 | $ 315,000 | $ 287,000 |
| Yellow Medicine County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 80,000 |
| Buffalo County Nebraska | 1 | $ 385,000 | $ 385,000 | $ 132,000 |
| Douglas County Nebraska | 1 | $ 405,000 | $ 405,000 | $ 195,000 |
| Dona Ana County New Mexico | 1 | $ 215,000 | $ 215,000 | $ 56,000 |
| Adams County North Dakota | 1 | $ 325,000 | $ 325,000 | $ 224,000 |
| McLean County North Dakota | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Mercer County North Dakota | 1 | $ 645,000 | $ 645,000 | $ 160,000 |
| Ransom County North Dakota | 1 | $ 205,000 | $ 205,000 | $ 78,000 |
| Sioux County North Dakota | 1 | $ 205,000 | $ 205,000 | $ 96,000 |
| Steele County North Dakota | 1 | $ 75,000 | $ 75,000 | $ 56,000 |
| Towner County North Dakota | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Williams County North Dakota | 1 | $ 105,000 | $ 105,000 | $ 101,000 |
| Washington County Ohio | 1 | $ 115,000 | $ 115,000 | $ 43,000 |
| Wood County Ohio | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Brown County South Dakota | 1 | $ 175,000 | $ 175,000 | $ 41,000 |
| Campbell County South Dakota | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Marshall County South Dakota | 1 | $ 135,000 | $ 135,000 | $ 30,000 |
| Travis County Texas | 1 | $ 1,455,000 | $ 1,455,000 | $ 307,000 |
| Washington County Utah | 1 | $ 155,000 | $ 155,000 | $ 115,000 |
| Washburn County Wisconsin | 1 | $ 905,000 | $ 905,000 | $ 451,000 |
| Natrona County Wyoming | 1 | $ 115,000 | $ 115,000 | $ 153,000 |
Mortgage Loan Application Detail Totals for Choice Financial Group in 2022
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 | 307 | $154,195,000 | $502,000 | $12,005,000 | $184,000 | $1,527,000 |
| Refinancing | 147 | $73,955,000 | $503,000 | $10,625,000 | $184,000 | $1,527,000 |
| Cash-out Refinancing | 32 | $62,150,000 | $1,942,000 | $13,475,000 | $88,000 | $88,000 |
| Other Purpose | 12 | $5,000,000 | $416,000 | $1,505,000 | $162,000 | $659,000 |
| Home Improvement | 10 | $6,400,000 | $640,000 | $3,005,000 | $357,000 | $1,861,000 |
| 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 | 332 | $121,740,000 | $366,000 | $3,005,000 | $189,000 | $1,861,000 |
| Not applicable | 133 | $164,345,000 | $1,235,000 | $13,475,000 | $0 | $0 |
| Not Provided | 31 | $11,765,000 | $379,000 | $1,385,000 | $171,000 | $859,000 |
| Asian | 4 | $1,670,000 | $417,000 | $545,000 | $169,000 | $260,000 |
| Black or African American | 3 | $965,000 | $321,000 | $335,000 | $243,000 | $567,000 |
| Hispanic | 2 | $480,000 | $240,000 | $475,000 | $110,000 | $178,000 |
| American Indian or Alaskan Native | 2 | $350,000 | $175,000 | $225,000 | $71,000 | $89,000 |
| 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) | 499 | $300,475,000 | $602,000 | $13,475,000 | $191,000 | $1,861,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 8 | $820,000 | $102,000 | $155,000 | $51,000 | $80,000 |
| FHA-insured (Federal Housing Administration) | 1 | $405,000 | $405,000 | $405,000 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 411 | $243,925,000 | $593,000 | $13,475,000 | $184,000 | $1,861,000 |
| Application Withdrawn By Applicant | 63 | $49,235,000 | $781,000 | $12,005,000 | $262,000 | $1,527,000 |
| Application Denied By Financial Institution | 26 | $5,240,000 | $201,000 | $505,000 | $88,000 | $567,000 |
| Application Approved But Not Accepted | 8 | $3,300,000 | $412,000 | $805,000 | $147,000 | $240,000 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Not applicable | 482 | $296,460,000 | $615,000 | $13,475,000 | $194,000 | $1,861,000 |
| Debt-To-Income Ratio | 9 | $1,925,000 | $213,000 | $505,000 | $82,000 | $131,000 |
| Credit History | 8 | $1,640,000 | $205,000 | $405,000 | $120,000 | $567,000 |
| Credit Application Incomplete | 5 | $1,325,000 | $265,000 | $405,000 | $58,000 | $96,000 |
| Collateral | 3 | $285,000 | $95,000 | $155,000 | $80,000 | $104,000 |
| Employment History | 1 | $65,000 | $65,000 | $65,000 | $46,000 | $46,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 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 Choice Financial Group's 2022 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.
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with aggregated HMDA statistics today.