Servion, Inc.
Mortgage Loan Application
Totals and Details
for 2013

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 Servion, Inc..
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 Servion, Inc.
500 Main Street
New Brighton, MN 55112
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  
Total Number of Mortgage Applications 4,061
Total Mortgage Loan Application Amount $606,982,000
Average Mortgage Loan Application Amount $144,666
Highest Mortgage Loan Application Amount $684,000
Average Applicant Income $84,000
Highest Applicant Income $1,018,000

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 Servion, Inc. by County in 2013

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 499 $ 90,950,000 $ 182,000 $ 101,000
Ramsey County Minnesota 239 $ 33,818,000 $ 141,000 $ 78,000
Anoka County Minnesota 202 $ 29,502,000 $ 146,000 $ 78,000
La Crosse County Wisconsin 199 $ 28,875,000 $ 145,000 $ 76,000
Jefferson County Wisconsin 186 $ 27,267,000 $ 146,000 $ 76,000
St. Louis County Minnesota 162 $ 22,519,000 $ 139,000 $ 65,000
Washington County Minnesota 126 $ 22,286,000 $ 176,000 $ 83,000
Dakota County Minnesota 125 $ 20,897,000 $ 167,000 $ 90,000
Pennington County South Dakota 120 $ 16,248,000 $ 135,000 $ 77,000
Rock County Wisconsin 103 $ 9,822,000 $ 95,000 $ 68,000
St. Louis County Missouri 72 $ 12,398,000 $ 172,000 $ 107,000
Stearns County Minnesota 70 $ 9,672,000 $ 138,000 $ 77,000
Carlton County Minnesota 63 $ 7,700,000 $ 122,000 $ 66,000
Wood County Wisconsin 61 $ 6,917,000 $ 113,000 $ 68,000
Portage County Wisconsin 54 $ 7,332,000 $ 135,000 $ 80,000
Madison County Illinois 53 $ 6,152,000 $ 116,000 $ 90,000
Stark County North Dakota 51 $ 10,015,000 $ 196,000 $ 99,000
Wright County Minnesota 46 $ 7,257,000 $ 157,000 $ 74,000
Williams County North Dakota 44 $ 9,047,000 $ 205,000 $ 116,000
Sherburne County Minnesota 39 $ 6,429,000 $ 164,000 $ 76,000
Crow Wing County Minnesota 34 $ 5,604,000 $ 164,000 $ 84,000
Isanti County Minnesota 34 $ 3,906,000 $ 114,000 $ 87,000
Scott County Minnesota 34 $ 7,074,000 $ 208,000 $ 138,000
Chippewa County Minnesota 30 $ 2,899,000 $ 96,000 $ 67,000
Kanabec County Minnesota 30 $ 3,094,000 $ 103,000 $ 67,000
Olmsted County Minnesota 30 $ 5,504,000 $ 183,000 $ 105,000
Carver County Minnesota 29 $ 5,825,000 $ 200,000 $ 106,000
Chisago County Minnesota 29 $ 5,057,000 $ 174,000 $ 84,000
Burleigh County North Dakota 28 $ 5,616,000 $ 200,000 $ 109,000
Marathon County Wisconsin 28 $ 4,323,000 $ 154,000 $ 87,000
Douglas County Wisconsin 26 $ 2,179,000 $ 83,000 $ 63,000
Walworth County Wisconsin 26 $ 3,615,000 $ 139,000 $ 81,000
Greene County Missouri 21 $ 2,158,000 $ 102,000 $ 67,000
Aitkin County Minnesota 20 $ 2,849,000 $ 142,000 $ 84,000
St. Charles County Missouri 20 $ 2,401,000 $ 120,000 $ 93,000
Mower County Minnesota 19 $ 1,754,000 $ 92,000 $ 54,000
Morton County North Dakota 18 $ 3,201,000 $ 177,000 $ 77,000
Meade County South Dakota 18 $ 2,630,000 $ 146,000 $ 78,000
Price County Wisconsin 18 $ 2,067,000 $ 114,000 $ 66,000
Lawrence County South Dakota 17 $ 2,555,000 $ 150,000 $ 83,000
Cook County Illinois 16 $ 2,829,000 $ 176,000 $ 168,000
Benton County Minnesota 16 $ 2,063,000 $ 128,000 $ 72,000
Sitka County Alaska 15 $ 4,217,000 $ 281,000 $ 117,000
Lac qui Parle County Minnesota 14 $ 1,437,000 $ 102,000 $ 72,000
Winnebago County Illinois 13 $ 1,229,000 $ 94,000 $ 71,000
Pope County Minnesota 13 $ 2,182,000 $ 167,000 $ 83,000
Mille Lacs County Minnesota 12 $ 1,321,000 $ 110,000 $ 67,000
Pine County Minnesota 12 $ 1,544,000 $ 128,000 $ 94,000
Swift County Minnesota 12 $ 1,258,000 $ 104,000 $ 82,000
Dane County Wisconsin 12 $ 2,169,000 $ 180,000 $ 78,000
Green County Wisconsin 12 $ 1,428,000 $ 119,000 $ 81,000
Milwaukee County Wisconsin 12 $ 1,443,000 $ 120,000 $ 81,000
Houston County Minnesota 11 $ 1,600,000 $ 145,000 $ 88,000
Kendall County Illinois 10 $ 1,303,000 $ 130,000 $ 86,000
Lake County Minnesota 10 $ 1,254,000 $ 125,000 $ 57,000
Yellow Medicine County Minnesota 10 $ 1,027,000 $ 102,000 $ 66,000
Adams County Wisconsin 10 $ 1,053,000 $ 105,000 $ 73,000
Waushara County Wisconsin 10 $ 1,446,000 $ 144,000 $ 74,000
Cass County Minnesota 9 $ 2,018,000 $ 224,000 $ 121,000
Goodhue County Minnesota 9 $ 1,158,000 $ 128,000 $ 90,000
Trempealeau County Wisconsin 9 $ 1,184,000 $ 131,000 $ 80,000
Vernon County Wisconsin 9 $ 1,258,000 $ 139,000 $ 69,000
Iron County Wisconsin 8 $ 457,000 $ 57,000 $ 61,000
Pierce County Wisconsin 8 $ 1,323,000 $ 165,000 $ 116,000
Washington County Maryland 7 $ 698,000 $ 99,000 $ 67,000
Blue Earth County Minnesota 7 $ 1,071,000 $ 153,000 $ 54,000
Jefferson County Missouri 7 $ 585,000 $ 83,000 $ 64,000
Ashland County Wisconsin 7 $ 547,000 $ 78,000 $ 62,000
Monroe County Wisconsin 7 $ 1,101,000 $ 157,000 $ 78,000
St. Croix County Wisconsin 7 $ 917,000 $ 131,000 $ 82,000
Douglas County Minnesota 6 $ 1,136,000 $ 189,000 $ 77,000
Marion County Missouri 6 $ 794,000 $ 132,000 $ 52,000
Bayfield County Wisconsin 6 $ 702,000 $ 117,000 $ 77,000
Kane County Illinois 5 $ 705,000 $ 141,000 $ 84,000
St. Clair County Illinois 5 $ 863,000 $ 172,000 $ 119,000
Rice County Minnesota 5 $ 995,000 $ 199,000 $ 198,000
Fall River County South Dakota 5 $ 540,000 $ 108,000 $ 42,000
Clark County Wisconsin 5 $ 464,000 $ 92,000 $ 59,000
Polk County Wisconsin 5 $ 657,000 $ 131,000 $ 67,000
Adams County Illinois 4 $ 406,000 $ 101,000 $ 48,000
DuPage County Illinois 4 $ 728,000 $ 182,000 $ 98,000
Linn County Iowa 4 $ 617,000 $ 154,000 $ 103,000
Dodge County Minnesota 4 $ 501,000 $ 125,000 $ 54,000
Freeborn County Minnesota 4 $ 485,000 $ 121,000 $ 74,000
Lyon County Minnesota 4 $ 390,000 $ 97,000 $ 60,000
Nicollet County Minnesota 4 $ 415,000 $ 103,000 $ 53,000
Steele County Minnesota 4 $ 653,000 $ 163,000 $ 86,000
Todd County Minnesota 4 $ 826,000 $ 206,000 $ 76,000
Christian County Missouri 4 $ 437,000 $ 109,000 $ 69,000
Sandoval County New Mexico 4 $ 687,000 $ 171,000 $ 77,000
Custer County South Dakota 4 $ 1,029,000 $ 257,000 $ 112,000
Yankton County South Dakota 4 $ 244,000 $ 61,000 $ 116,000
Jackson County Wisconsin 4 $ 390,000 $ 97,000 $ 93,000
Lincoln County Wisconsin 4 $ 601,000 $ 150,000 $ 87,000
Lee County Florida 3 $ 397,000 $ 132,000 $ 260,000
Will County Illinois 3 $ 342,000 $ 114,000 $ 57,000
Lake County Indiana 3 $ 322,000 $ 107,000 $ 33,000
Gogebic County Michigan 3 $ 570,000 $ 190,000 $ 220,000
Brown County Minnesota 3 $ 428,000 $ 142,000 $ 62,000
Fillmore County Minnesota 3 $ 347,000 $ 115,000 $ 55,000
Itasca County Minnesota 3 $ 246,000 $ 82,000 $ 124,000
Kandiyohi County Minnesota 3 $ 414,000 $ 138,000 $ 77,000
Le Sueur County Minnesota 3 $ 458,000 $ 152,000 $ 74,000
Meeker County Minnesota 3 $ 476,000 $ 158,000 $ 81,000
Morrison County Minnesota 3 $ 406,000 $ 135,000 $ 68,000
Otter Tail County Minnesota 3 $ 366,000 $ 122,000 $ 82,000
Pennington County Minnesota 3 $ 274,000 $ 91,000 $ 65,000
Wabasha County Minnesota 3 $ 322,000 $ 107,000 $ 91,000
Waseca County Minnesota 3 $ 336,000 $ 112,000 $ 53,000
Phelps County Missouri 3 $ 545,000 $ 181,000 $ 75,000
St. Louis City County Missouri 3 $ 406,000 $ 135,000 $ 72,000
Bernalillo County New Mexico 3 $ 791,000 $ 263,000 $ 100,000
Mecklenburg County North Carolina 3 $ 394,000 $ 131,000 $ 63,000
Mercer County North Dakota 3 $ 615,000 $ 205,000 $ 62,000
Wood County West Virginia 3 $ 352,000 $ 117,000 $ 98,000
Barron County Wisconsin 3 $ 310,000 $ 103,000 $ 91,000
Burnett County Wisconsin 3 $ 863,000 $ 287,000 $ 328,000
Door County Wisconsin 3 $ 653,000 $ 217,000 $ 109,000
Oneida County Wisconsin 3 $ 336,000 $ 112,000 $ 75,000
Sawyer County Wisconsin 3 $ 562,000 $ 187,000 $ 316,000
Vilas County Wisconsin 3 $ 619,000 $ 206,000 $ 131,000
Waukesha County Wisconsin 3 $ 618,000 $ 206,000 $ 67,000
Maricopa County Arizona 2 $ 530,000 $ 265,000 $ 162,000
Riverside County California 2 $ 430,000 $ 215,000 $ 71,000
Collier County Florida 2 $ 663,000 $ 331,000 $ 503,000
Boone County Illinois 2 $ 85,000 $ 42,000 $ 71,000
McHenry County Illinois 2 $ 168,000 $ 84,000 $ 149,000
Cerro Gordo County Iowa 2 $ 125,000 $ 62,000 $ 29,000
Johnson County Iowa 2 $ 333,000 $ 166,000 $ 162,000
East Baton Rouge County Louisiana 2 $ 430,000 $ 215,000 $ 85,000
Essex County Massachusetts 2 $ 577,000 $ 288,000 $ 197,000
Middlesex County Massachusetts 2 $ 699,000 $ 349,000 $ 195,000
Koochiching County Minnesota 2 $ 379,000 $ 189,000 $ 111,000
Watonwan County Minnesota 2 $ 126,000 $ 63,000 $ 23,000
Jackson County Missouri 2 $ 255,000 $ 127,000 $ 55,000
Lincoln County Missouri 2 $ 129,000 $ 64,000 $ 69,000
Ralls County Missouri 2 $ 230,000 $ 115,000 $ 74,000
Warren County Missouri 2 $ 268,000 $ 134,000 $ 72,000
Webster County Missouri 2 $ 123,000 $ 61,000 $ 77,000
Clark County Nevada 2 $ 316,000 $ 158,000 $ 61,000
Erie County New York 2 $ 488,000 $ 244,000 $ 114,000
Cass County North Dakota 2 $ 326,000 $ 163,000 $ 116,000
Athens County Ohio 2 $ 310,000 $ 155,000 $ 71,000
Butte County South Dakota 2 $ 202,000 $ 101,000 $ 43,000
Cannon County Tennessee 2 $ 257,000 $ 128,000 $ 85,000
Rutherford County Tennessee 2 $ 309,000 $ 154,000 $ 69,000
Chippewa County Wisconsin 2 $ 411,000 $ 205,000 $ 142,000
Juneau County Wisconsin 2 $ 171,000 $ 85,000 $ 64,000
Outagamie County Wisconsin 2 $ 170,000 $ 85,000 $ 55,000
Waupaca County Wisconsin 2 $ 264,000 $ 132,000 $ 98,000
Pinal County Arizona 1 $ 111,000 $ 111,000 $ 94,000
Washington County Arkansas 1 $ 104,000 $ 104,000 $ 66,000
Los Angeles County California 1 $ 348,000 $ 348,000 $ 210,000
Jefferson County Colorado 1 $ 133,000 $ 133,000 $ 42,000
Hartford County Connecticut 1 $ 383,000 $ 383,000 $ 104,000
Brevard County Florida 1 $ 175,000 $ 175,000 $ 134,000
Broward County Florida 1 $ 417,000 $ 417,000 $ 142,000
Miami-Dade County Florida 1 $ 239,000 $ 239,000 $ 141,000
Monroe County Florida 1 $ 281,000 $ 281,000 $ 104,000
Okaloosa County Florida 1 $ 368,000 $ 368,000 $ 141,000
Pinellas County Florida 1 $ 159,000 $ 159,000 $ 133,000
DeKalb County Georgia 1 $ 195,000 $ 195,000 $ 257,000
Forsyth County Georgia 1 $ 50,000 $ 50,000 $ 153,000
Newton County Georgia 1 $ 143,000 $ 143,000 $ 91,000
Rockdale County Georgia 1 $ 225,000 $ 225,000 $ 197,000
Stephens County Georgia 1 $ 188,000 $ 188,000 $ 135,000
Bannock County Idaho 1 $ 58,000 $ 58,000 $ 33,000
Bond County Illinois 1 $ 53,000 $ 53,000 $ 120,000
Clinton County Illinois 1 $ 165,000 $ 165,000 $ 123,000
DeKalb County Illinois 1 $ 92,000 $ 92,000 $ 35,000
Jefferson County Illinois 1 $ 121,000 $ 121,000 $ 31,000
Pike County Illinois 1 $ 52,000 $ 52,000 $ 73,000
Stephenson County Illinois 1 $ 177,000 $ 177,000 $ 75,000
Tazewell County Illinois 1 $ 117,000 $ 117,000 $ 97,000
Hamilton County Indiana 1 $ 407,000 $ 407,000 $ 372,000
Howard County Indiana 1 $ 68,000 $ 68,000 $ 60,000
Starke County Indiana 1 $ 52,000 $ 52,000 $ 131,000
Vanderburgh County Indiana 1 $ 115,000 $ 115,000 $ 86,000
Buchanan County Iowa 1 $ 87,000 $ 87,000 $ 62,000
Clinton County Iowa 1 $ 74,000 $ 74,000 $ 52,000
Scott County Iowa 1 $ 116,000 $ 116,000 $ 35,000
Winneshiek County Iowa 1 $ 95,000 $ 95,000 $ 62,000
Worth County Iowa 1 $ 75,000 $ 75,000 $ 47,000
Johnson County Kansas 1 $ 202,000 $ 202,000 $ 104,000
Jefferson County Kentucky 1 $ 116,000 $ 116,000 $ 53,000
Concordia County Louisiana 1 $ 57,000 $ 57,000 $ 50,000
Orleans County Louisiana 1 $ 300,000 $ 300,000 $ 89,000
Kent County Michigan 1 $ 160,000 $ 160,000 $ 99,000
Wayne County Michigan 1 $ 71,000 $ 71,000 $ 52,000
Becker County Minnesota 1 $ 164,000 $ 164,000 $ 92,000
Beltrami County Minnesota 1 $ 79,000 $ 79,000 $ 143,000
Big Stone County Minnesota 1 $ 50,000 $ 50,000 $ 71,000
Clearwater County Minnesota 1 $ 76,000 $ 76,000 $ 50,000
Hubbard County Minnesota 1 $ 60,000 $ 60,000 $ 24,000
Lake of the Woods County Minnesota 1 $ 116,000 $ 116,000 $ 65,000
Marshall County Minnesota 1 $ 75,000 $ 75,000 $ 45,000
Martin County Minnesota 1 $ 78,000 $ 78,000 $ 32,000
McLeod County Minnesota 1 $ 169,000 $ 169,000 $ 93,000
Red Lake County Minnesota 1 $ 40,000 $ 40,000 $ 37,000
Renville County Minnesota 1 $ 96,000 $ 96,000 $ 43,000
Winona County Minnesota 1 $ 250,000 $ 250,000 $ 61,000
Audrain County Missouri 1 $ 68,000 $ 68,000 $ 28,000
Bates County Missouri 1 $ 89,000 $ 89,000 $ 53,000
Boone County Missouri 1 $ 192,000 $ 192,000 $ 83,000
Camden County Missouri 1 $ 137,000 $ 137,000 $ 159,000
Cass County Missouri 1 $ 110,000 $ 110,000 $ 35,000
Cole County Missouri 1 $ 105,000 $ 105,000 $ 113,000
Crawford County Missouri 1 $ 115,000 $ 115,000 $ 111,000
Franklin County Missouri 1 $ 286,000 $ 286,000 $ 151,000
Gasconade County Missouri 1 $ 70,000 $ 70,000 $ 65,000
Howard County Missouri 1 $ 59,000 $ 59,000 $ 62,000
Jasper County Missouri 1 $ 187,000 $ 187,000 $ 52,000
Newton County Missouri 1 $ 162,000 $ 162,000 $ 78,000
Scott County Missouri 1 $ 163,000 $ 163,000 $ 108,000
Stone County Missouri 1 $ 84,000 $ 84,000 $ 75,000
Douglas County Nebraska 1 $ 203,000 $ 203,000 $ 115,000
Valencia County New Mexico 1 $ 227,000 $ 227,000 $ 67,000
Saratoga County New York 1 $ 363,000 $ 363,000 $ 173,000
Moore County North Carolina 1 $ 250,000 $ 250,000 $ 168,000
Wake County North Carolina 1 $ 193,000 $ 193,000 $ 60,000
Billings County North Dakota 1 $ 115,000 $ 115,000 $ 120,000
Dunn County North Dakota 1 $ 203,000 $ 203,000 $ 52,000
McLean County North Dakota 1 $ 135,000 $ 135,000 $ 78,000
Mountrail County North Dakota 1 $ 60,000 $ 60,000 $ 38,000
Traill County North Dakota 1 $ 57,000 $ 57,000 $ 45,000
Delaware County Ohio 1 $ 265,000 $ 265,000 $ 77,000
Richland County Ohio 1 $ 210,000 $ 210,000 $ 99,000
Ross County Ohio 1 $ 208,000 $ 208,000 $ 120,000
Summit County Ohio 1 $ 76,000 $ 76,000 $ 70,000
Warren County Ohio 1 $ 96,000 $ 96,000 $ 52,000
Ottawa County Oklahoma 1 $ 135,000 $ 135,000 $ 58,000
Washington County Oregon 1 $ 361,000 $ 361,000 $ 143,000
Yamhill County Oregon 1 $ 233,000 $ 233,000 $ 160,000
Hughes County South Dakota 1 $ 98,000 $ 98,000 $ 39,000
Minnehaha County South Dakota 1 $ 68,000 $ 68,000 $ 26,000
Roberts County South Dakota 1 $ 110,000 $ 110,000 $ 57,000
Wayne County Tennessee 1 $ 250,000 $ 250,000 $ 262,000
Bexar County Texas 1 $ 104,000 $ 104,000 $ 80,000
Collin County Texas 1 $ 335,000 $ 335,000 $ 61,000
McLennan County Texas 1 $ 80,000 $ 80,000 $ 73,000
Berkeley County West Virginia 1 $ 115,000 $ 115,000 $ 39,000
Brown County Wisconsin 1 $ 109,000 $ 109,000 $ 41,000
Columbia County Wisconsin 1 $ 83,000 $ 83,000 $ 33,000
Dunn County Wisconsin 1 $ 131,000 $ 131,000 $ 38,000
Eau Claire County Wisconsin 1 $ 56,000 $ 56,000 $ 60,000
Lafayette County Wisconsin 1 $ 62,000 $ 62,000 $ 48,000
Manitowoc County Wisconsin 1 $ 320,000 $ 320,000 $ 197,000
Marquette County Wisconsin 1 $ 116,000 $ 116,000 $ 90,000
Ozaukee County Wisconsin 1 $ 53,000 $ 53,000 $ 171,000
Racine County Wisconsin 1 $ 69,000 $ 69,000 $ 100,000
Sheboygan County Wisconsin 1 $ 96,000 $ 96,000 $ 107,000
Taylor County Wisconsin 1 $ 108,000 $ 108,000 $ 96,000
Washburn County Wisconsin 1 $ 126,000 $ 126,000 $ 99,000

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 Servion, Inc. in 2013

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
Refinancing 2,259 $330,446,000 $146,000 $432,000 $84,000 $1,018,000
Home Purchase 1,544 $242,323,000 $156,000 $684,000 $81,000 $1,000,000
Home Improvement 258 $34,213,000 $132,000 $427,000 $87,000 $768,000

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 3,761 $557,965,000 $148,000 $684,000 $82,000 $1,000,000
Asian 78 $13,245,000 $169,000 $417,000 $105,000 $1,018,000
Black or African American 77 $12,783,000 $166,000 $403,000 $82,000 $364,000
Hispanic 60 $8,663,000 $144,000 $417,000 $76,000 $191,000
Not Provided 55 $9,033,000 $164,000 $417,000 $99,000 $457,000
American Indian or Alaskan Native 22 $4,241,000 $192,000 $456,000 $246,000 $768,000
Native Hawaiian or Other Pacific Islander 8 $1,052,000 $131,000 $215,000 $60,000 $143,000
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) 3,765 $565,838,000 $150,000 $684,000 $85,000 $1,018,000
FHA-insured (Federal Housing Administration) 257 $33,987,000 $132,000 $358,000 $62,000 $1,000,000
VA-guaranteed (Veterans Administration) 39 $7,157,000 $183,000 $403,000 $71,000 $172,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 2,962 $444,988,000 $150,000 $684,000 $85,000 $1,018,000
Application Withdrawn By Applicant 532 $81,826,000 $153,000 $417,000 $87,000 $1,000,000
Preapproval Approved but not Accepted 227 $33,103,000 $145,000 $417,000 $74,000 $1,000,000
Application Denied By Financial Institution 194 $28,138,000 $145,000 $417,000 $80,000 $1,000,000
Preapproval Denied by Financial Institution 144 $18,817,000 $130,000 $555,000 $58,000 $520,000
Application Approved But Not Accepted 1 $55,000 $55,000 $55,000 $28,000 $28,000
File Closed For Incompleteness 1 $55,000 $55,000 $55,000 $44,000 $44,000
Loan Purchased By The 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
Credit History 136 $17,369,000 $127,000 $360,000 $71,000 $768,000
Debt-To-Income Ratio 74 $10,933,000 $147,000 $417,000 $54,000 $154,000
Other 46 $6,595,000 $143,000 $555,000 $79,000 $420,000
Collateral 38 $5,965,000 $156,000 $403,000 $100,000 $1,000,000
Employment History 10 $1,139,000 $113,000 $223,000 $45,000 $75,000
Insufficient Cash (Downpayment, Closing Cost) 9 $1,124,000 $124,000 $335,000 $63,000 $105,000
Unverifiable Information 2 $250,000 $125,000 $134,000 $39,000 $40,000
Credit Application Incomplete 1 $151,000 $151,000 $151,000 $100,000 $100,000
Mortgage Insurance Denied 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