Servion, Inc.
Mortgage Loan Application
Totals and Details
for 2014

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 3,988
Total Mortgage Loan Application Amount $595,385,000
Average Mortgage Loan Application Amount $140,666
Highest Mortgage Loan Application Amount $1,400,000
Average Applicant Income $70,666
Highest Applicant Income $2,000,000

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 2014

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 323 $ 64,269,000 $ 198,000 $ 95,000
St. Louis County Minnesota 227 $ 26,522,000 $ 116,000 $ 63,000
Anoka County Minnesota 152 $ 24,701,000 $ 162,000 $ 79,000
Ramsey County Minnesota 150 $ 24,163,000 $ 161,000 $ 77,000
La Crosse County Wisconsin 131 $ 19,745,000 $ 150,000 $ 75,000
Carlton County Minnesota 125 $ 14,980,000 $ 119,000 $ 60,000
Rock County Wisconsin 97 $ 9,387,000 $ 96,000 $ 54,000
Dakota County Minnesota 87 $ 16,050,000 $ 184,000 $ 91,000
Jefferson County Wisconsin 80 $ 11,387,000 $ 142,000 $ 71,000
Washington County Minnesota 78 $ 14,492,000 $ 185,000 $ 82,000
Portage County Wisconsin 74 $ 10,246,000 $ 138,000 $ 75,000
Wood County Wisconsin 59 $ 6,465,000 $ 109,000 $ 57,000
Stearns County Minnesota 50 $ 6,532,000 $ 130,000 $ 61,000
Stark County North Dakota 34 $ 7,085,000 $ 208,000 $ 94,000
Carver County Minnesota 32 $ 9,816,000 $ 306,000 $ 122,000
Sherburne County Minnesota 32 $ 4,976,000 $ 155,000 $ 83,000
Greene County Missouri 31 $ 3,121,000 $ 100,000 $ 78,000
Douglas County Wisconsin 31 $ 3,788,000 $ 122,000 $ 67,000
Wright County Minnesota 29 $ 4,971,000 $ 171,000 $ 82,000
Aitkin County Minnesota 26 $ 3,180,000 $ 122,000 $ 64,000
Chippewa County Minnesota 26 $ 2,415,000 $ 92,000 $ 49,000
Williams County North Dakota 25 $ 5,732,000 $ 229,000 $ 104,000
Winnebago County Illinois 24 $ 2,597,000 $ 108,000 $ 71,000
Chisago County Minnesota 24 $ 4,236,000 $ 176,000 $ 67,000
Scott County Minnesota 24 $ 4,880,000 $ 203,000 $ 122,000
Marathon County Wisconsin 23 $ 3,108,000 $ 135,000 $ 81,000
St. Louis County Missouri 22 $ 3,356,000 $ 152,000 $ 83,000
Dane County Wisconsin 20 $ 3,103,000 $ 155,000 $ 78,000
Washington County Wisconsin 20 $ 2,767,000 $ 138,000 $ 69,000
Kanabec County Minnesota 19 $ 2,176,000 $ 114,000 $ 58,000
Lac qui Parle County Minnesota 19 $ 2,811,000 $ 147,000 $ 66,000
Burleigh County North Dakota 19 $ 4,536,000 $ 238,000 $ 98,000
Bay County Michigan 18 $ 1,789,000 $ 99,000 $ 77,000
Green County Wisconsin 18 $ 2,170,000 $ 120,000 $ 71,000
Isanti County Minnesota 17 $ 2,363,000 $ 139,000 $ 56,000
Mille Lacs County Minnesota 17 $ 2,039,000 $ 119,000 $ 57,000
Pine County Minnesota 17 $ 1,731,000 $ 101,000 $ 61,000
Cook County Illinois 16 $ 2,121,000 $ 132,000 $ 184,000
Kane County Illinois 15 $ 1,798,000 $ 119,000 $ 67,000
Milwaukee County Wisconsin 15 $ 1,701,000 $ 113,000 $ 82,000
St. Charles County Missouri 14 $ 2,329,000 $ 166,000 $ 89,000
Vernon County Wisconsin 14 $ 1,795,000 $ 128,000 $ 69,000
Kendall County Illinois 13 $ 2,033,000 $ 156,000 $ 89,000
Lake County Minnesota 13 $ 1,617,000 $ 124,000 $ 84,000
Price County Wisconsin 13 $ 1,389,000 $ 106,000 $ 88,000
Clark County Wisconsin 12 $ 1,191,000 $ 99,000 $ 51,000
Benton County Minnesota 11 $ 1,482,000 $ 134,000 $ 75,000
Cass County North Dakota 11 $ 1,377,000 $ 125,000 $ 70,000
Iron County Wisconsin 11 $ 1,200,000 $ 109,000 $ 69,000
St. Croix County Wisconsin 11 $ 2,311,000 $ 210,000 $ 83,000
Olmsted County Minnesota 10 $ 801,000 $ 80,000 $ 54,000
Christian County Missouri 10 $ 1,314,000 $ 131,000 $ 67,000
Cass County Minnesota 9 $ 1,531,000 $ 170,000 $ 166,000
Crow Wing County Minnesota 9 $ 1,385,000 $ 153,000 $ 84,000
Swift County Minnesota 9 $ 1,509,000 $ 167,000 $ 103,000
Morton County North Dakota 9 $ 1,457,000 $ 161,000 $ 66,000
Walworth County Wisconsin 9 $ 1,049,000 $ 116,000 $ 57,000
Sitka County Alaska 8 $ 2,014,000 $ 251,000 $ 84,000
Madison County Illinois 8 $ 658,000 $ 82,000 $ 82,000
Mower County Minnesota 8 $ 716,000 $ 89,000 $ 68,000
Pope County Minnesota 8 $ 1,215,000 $ 151,000 $ 109,000
Steele County Minnesota 8 $ 964,000 $ 120,000 $ 70,000
Ashland County Wisconsin 8 $ 801,000 $ 100,000 $ 49,000
Cerro Gordo County Iowa 7 $ 621,000 $ 88,000 $ 50,000
Pennington County South Dakota 7 $ 735,000 $ 105,000 $ 80,000
DuPage County Illinois 6 $ 1,537,000 $ 256,000 $ 127,000
McLean County Illinois 6 $ 846,000 $ 141,000 $ 59,000
Goodhue County Minnesota 6 $ 1,047,000 $ 174,000 $ 78,000
Kandiyohi County Minnesota 6 $ 894,000 $ 149,000 $ 87,000
Lawrence County Missouri 6 $ 533,000 $ 88,000 $ 42,000
Trempealeau County Wisconsin 6 $ 902,000 $ 150,000 $ 70,000
Waukesha County Wisconsin 6 $ 1,109,000 $ 184,000 $ 90,000
Linn County Iowa 5 $ 724,000 $ 144,000 $ 73,000
Gogebic County Michigan 5 $ 313,000 $ 62,000 $ 58,000
Dodge County Minnesota 5 $ 1,048,000 $ 209,000 $ 72,000
Todd County Minnesota 5 $ 737,000 $ 147,000 $ 110,000
Yellow Medicine County Minnesota 5 $ 817,000 $ 163,000 $ 58,000
Marion County Missouri 5 $ 518,000 $ 103,000 $ 59,000
Adams County Wisconsin 5 $ 574,000 $ 114,000 $ 45,000
Polk County Wisconsin 5 $ 438,000 $ 87,000 $ 70,000
Benton County Arkansas 4 $ 655,000 $ 163,000 $ 111,000
Lee County Florida 4 $ 618,000 $ 154,000 $ 96,000
Boone County Illinois 4 $ 714,000 $ 178,000 $ 111,000
Le Sueur County Minnesota 4 $ 762,000 $ 190,000 $ 79,000
Renville County Minnesota 4 $ 409,000 $ 102,000 $ 66,000
Rice County Minnesota 4 $ 926,000 $ 231,000 $ 149,000
Wabasha County Minnesota 4 $ 434,000 $ 108,000 $ 59,000
Webster County Missouri 4 $ 397,000 $ 99,000 $ 86,000
Meade County South Dakota 4 $ 628,000 $ 157,000 $ 82,000
Bayfield County Wisconsin 4 $ 417,000 $ 104,000 $ 82,000
Monroe County Wisconsin 4 $ 572,000 $ 143,000 $ 49,000
Waupaca County Wisconsin 4 $ 465,000 $ 116,000 $ 67,000
Maricopa County Arizona 3 $ 835,000 $ 278,000 $ 185,000
DeKalb County Illinois 3 $ 236,000 $ 78,000 $ 60,000
Lake County Illinois 3 $ 1,491,000 $ 497,000 $ 488,000
Worth County Iowa 3 $ 359,000 $ 119,000 $ 66,000
Blue Earth County Minnesota 3 $ 275,000 $ 91,000 $ 66,000
Houston County Minnesota 3 $ 384,000 $ 128,000 $ 58,000
Itasca County Minnesota 3 $ 436,000 $ 145,000 $ 87,000
Nicollet County Minnesota 3 $ 515,000 $ 171,000 $ 69,000
Sibley County Minnesota 3 $ 210,000 $ 70,000 $ 53,000
Miller County Missouri 3 $ 338,000 $ 112,000 $ 46,000
Ralls County Missouri 3 $ 714,000 $ 238,000 $ 92,000
Stone County Missouri 3 $ 347,000 $ 115,000 $ 68,000
Hettinger County North Dakota 3 $ 185,000 $ 61,000 $ 138,000
Sandusky County Ohio 3 $ 256,000 $ 85,000 $ 46,000
Barron County Wisconsin 3 $ 414,000 $ 138,000 $ 88,000
Eau Claire County Wisconsin 3 $ 546,000 $ 182,000 $ 67,000
Ozaukee County Wisconsin 3 $ 596,000 $ 198,000 $ 90,000
Sawyer County Wisconsin 3 $ 355,000 $ 118,000 $ 133,000
Sacramento County California 2 $ 833,000 $ 416,000 $ 105,000
Larimer County Colorado 2 $ 385,000 $ 192,000 $ 223,000
Polk County Iowa 2 $ 395,000 $ 197,000 $ 95,000
Johnson County Kansas 2 $ 453,000 $ 226,000 $ 95,000
Oakland County Michigan 2 $ 866,000 $ 433,000 $ 57,000
Ogemaw County Michigan 2 $ 191,000 $ 95,000 $ 74,000
Becker County Minnesota 2 $ 242,000 $ 121,000 $ 78,000
Brown County Minnesota 2 $ 161,000 $ 80,000 $ 49,000
Cook County Minnesota 2 $ 386,000 $ 193,000 $ 51,000
Douglas County Minnesota 2 $ 341,000 $ 170,000 $ 85,000
Hubbard County Minnesota 2 $ 192,000 $ 96,000 $ 148,000
Koochiching County Minnesota 2 $ 290,000 $ 145,000 $ 142,000
McLeod County Minnesota 2 $ 423,000 $ 211,000 $ 95,000
Morrison County Minnesota 2 $ 196,000 $ 98,000 $ 72,000
Waseca County Minnesota 2 $ 353,000 $ 176,000 $ 66,000
Boone County Missouri 2 $ 298,000 $ 149,000 $ 58,000
Camden County Missouri 2 $ 269,000 $ 134,000 $ 104,000
Franklin County Missouri 2 $ 280,000 $ 140,000 $ 63,000
Jackson County Missouri 2 $ 278,000 $ 139,000 $ 113,000
Jefferson County Missouri 2 $ 139,000 $ 69,000 $ 57,000
Saline County Missouri 2 $ 171,000 $ 85,000 $ 43,000
Taney County Missouri 2 $ 372,000 $ 186,000 $ 119,000
Clark County Nevada 2 $ 351,000 $ 175,000 $ 101,000
Bernalillo County New Mexico 2 $ 250,000 $ 125,000 $ 50,000
Golden Valley County North Dakota 2 $ 171,000 $ 85,000 $ 89,000
Oklahoma County Oklahoma 2 $ 226,000 $ 113,000 $ 85,000
Tulsa County Oklahoma 2 $ 493,000 $ 246,000 $ 103,000
Rutherford County Tennessee 2 $ 234,000 $ 117,000 $ 73,000
Tarrant County Texas 2 $ 291,000 $ 145,000 $ 93,000
Chippewa County Wisconsin 2 $ 223,000 $ 111,000 $ 68,000
Lafayette County Wisconsin 2 $ 215,000 $ 107,000 $ 74,000
Pierce County Wisconsin 2 $ 371,000 $ 185,000 $ 86,000
Taylor County Wisconsin 2 $ 214,000 $ 107,000 $ 74,000
Washburn County Wisconsin 2 $ 296,000 $ 148,000 $ 98,000
Mobile County Alabama 1 $ 245,000 $ 245,000 $ 68,000
Stanislaus County California 1 $ 560,000 $ 560,000 $ 310,000
El Paso County Colorado 1 $ 83,000 $ 83,000 $ 70,000
New Castle County Delaware 1 $ 100,000 $ 100,000 $ 85,000
Collier County Florida 1 $ 64,000 $ 64,000 $ 140,000
Manatee County Florida 1 $ 306,000 $ 306,000 $ 189,000
Marion County Florida 1 $ 153,000 $ 153,000 $ 206,000
Miami-Dade County Florida 1 $ 302,000 $ 302,000 $ 131,000
Monroe County Florida 1 $ 243,000 $ 243,000 $ 273,000
Orange County Florida 1 $ 382,000 $ 382,000 $ 176,000
Palm Beach County Florida 1 $ 363,000 $ 363,000 $ 112,000
Pasco County Florida 1 $ 60,000 $ 60,000 $ 155,000
Sarasota County Florida 1 $ 268,000 $ 268,000 $ 325,000
Seminole County Florida 1 $ 260,000 $ 260,000 $ 205,000
Sumter County Florida 1 $ 200,000 $ 200,000 $ 182,000
Clinton County Illinois 1 $ 143,000 $ 143,000 $ 74,000
Coles County Illinois 1 $ 216,000 $ 216,000 $ 86,000
Cumberland County Illinois 1 $ 139,000 $ 139,000 $ 126,000
LaSalle County Illinois 1 $ 200,000 $ 200,000 $ 147,000
Livingston County Illinois 1 $ 150,000 $ 150,000 $ 62,000
Logan County Illinois 1 $ 63,000 $ 63,000 $ 27,000
McHenry County Illinois 1 $ 93,000 $ 93,000 $ 164,000
Saline County Illinois 1 $ 200,000 $ 200,000 $ 104,000
Clark County Indiana 1 $ 305,000 $ 305,000 $ 202,000
Henry County Indiana 1 $ 75,000 $ 75,000 $ 45,000
Lake County Indiana 1 $ 119,000 $ 119,000 $ 42,000
LaPorte County Indiana 1 $ 230,000 $ 230,000 $ 96,000
Floyd County Iowa 1 $ 62,000 $ 62,000 $ 26,000
Scott County Iowa 1 $ 103,000 $ 103,000 $ 43,000
Woodbury County Iowa 1 $ 41,000 $ 41,000 $ 33,000
Wright County Iowa 1 $ 52,000 $ 52,000 $ 42,000
Miami County Kansas 1 $ 115,000 $ 115,000 $ 99,000
Sedgwick County Kansas 1 $ 167,000 $ 167,000 $ 150,000
Essex County Massachusetts 1 $ 380,000 $ 380,000 $ 158,000
Baraga County Michigan 1 $ 100,000 $ 100,000 $ 53,000
Gladwin County Michigan 1 $ 65,000 $ 65,000 $ 47,000
Iosco County Michigan 1 $ 115,000 $ 115,000 $ 273,000
Kalamazoo County Michigan 1 $ 360,000 $ 360,000 $ 115,000
Lake County Michigan 1 $ 49,000 $ 49,000 $ 87,000
Mecosta County Michigan 1 $ 74,000 $ 74,000 $ 115,000
Midland County Michigan 1 $ 108,000 $ 108,000 $ 75,000
Montmorency County Michigan 1 $ 56,000 $ 56,000 $ 117,000
Saginaw County Michigan 1 $ 62,000 $ 62,000 $ 45,000
Beltrami County Minnesota 1 $ 60,000 $ 60,000 $ 96,000
Clay County Minnesota 1 $ 131,000 $ 131,000 $ 73,000
Cottonwood County Minnesota 1 $ 32,000 $ 32,000 $ 76,000
Faribault County Minnesota 1 $ 54,000 $ 54,000 $ 46,000
Freeborn County Minnesota 1 $ 325,000 $ 325,000 $ 166,000
Grant County Minnesota 1 $ 66,000 $ 66,000 $ 31,000
Lincoln County Minnesota 1 $ 322,000 $ 322,000 $ 212,000
Lyon County Minnesota 1 $ 129,000 $ 129,000 $ 42,000
Marshall County Minnesota 1 $ 70,000 $ 70,000 $ 44,000
Meeker County Minnesota 1 $ 145,000 $ 145,000 $ 109,000
Murray County Minnesota 1 $ 40,000 $ 40,000 $ 33,000
Otter Tail County Minnesota 1 $ 200,000 $ 200,000 $ 88,000
Wadena County Minnesota 1 $ 51,000 $ 51,000 $ 30,000
Cedar County Missouri 1 $ 156,000 $ 156,000 $ 77,000
Cole County Missouri 1 $ 68,000 $ 68,000 $ 22,000
Newton County Missouri 1 $ 37,000 $ 37,000 $ 92,000
Pike County Missouri 1 $ 65,000 $ 65,000 $ 41,000
Polk County Missouri 1 $ 75,000 $ 75,000 $ 65,000
St. Louis City County Missouri 1 $ 62,000 $ 62,000 $ 37,000
Wright County Missouri 1 $ 162,000 $ 162,000 $ 64,000
Cascade County Montana 1 $ 208,000 $ 208,000 $ 73,000
Dakota County Nebraska 1 $ 143,000 $ 143,000 $ 31,000
Gloucester County New Jersey 1 $ 395,000 $ 395,000 $ 117,000
Union County New Jersey 1 $ 150,000 $ 150,000 $ 47,000
Santa Fe County New Mexico 1 $ 102,000 $ 102,000 $ 24,000
Cayuga County New York 1 $ 104,000 $ 104,000 $ 45,000
Lincoln County North Carolina 1 $ 195,000 $ 195,000 $ 78,000
Griggs County North Dakota 1 $ 40,000 $ 40,000 $ 59,000
McKenzie County North Dakota 1 $ 417,000 $ 417,000 $ 125,000
Ramsey County North Dakota 1 $ 125,000 $ 125,000 $ 96,000
Richland County North Dakota 1 $ 309,000 $ 309,000 $ 87,000
Cuyahoga County Ohio 1 $ 142,000 $ 142,000 $ 93,000
Gallia County Ohio 1 $ 99,000 $ 99,000 $ 56,000
Huron County Ohio 1 $ 40,000 $ 40,000 $ 0
Jackson County Ohio 1 $ 318,000 $ 318,000 $ 160,000
Lake County Ohio 1 $ 96,000 $ 96,000 $ 90,000
Mahoning County Ohio 1 $ 170,000 $ 170,000 $ 65,000
Ross County Ohio 1 $ 130,000 $ 130,000 $ 152,000
Summit County Ohio 1 $ 380,000 $ 380,000 $ 262,000
Warren County Ohio 1 $ 255,000 $ 255,000 $ 116,000
Wyandot County Ohio 1 $ 61,000 $ 61,000 $ 61,000
Delaware County Oklahoma 1 $ 92,000 $ 92,000 $ 78,000
Logan County Oklahoma 1 $ 163,000 $ 163,000 $ 94,000
Nowata County Oklahoma 1 $ 296,000 $ 296,000 $ 141,000
Philadelphia County Pennsylvania 1 $ 205,000 $ 205,000 $ 88,000
Schuylkill County Pennsylvania 1 $ 157,000 $ 157,000 $ 87,000
Greenwood County South Carolina 1 $ 85,000 $ 85,000 $ 88,000
Codington County South Dakota 1 $ 186,000 $ 186,000 $ 83,000
Deuel County South Dakota 1 $ 150,000 $ 150,000 $ 135,000
Fall River County South Dakota 1 $ 45,000 $ 45,000 $ 98,000
Lawrence County South Dakota 1 $ 28,000 $ 28,000 $ 72,000
Roberts County South Dakota 1 $ 141,000 $ 141,000 $ 91,000
Delta County Texas 1 $ 38,000 $ 38,000 $ 35,000
Denton County Texas 1 $ 172,000 $ 172,000 $ 44,000
Harris County Texas 1 $ 235,000 $ 235,000 $ 97,000
Burnett County Wisconsin 1 $ 120,000 $ 120,000 $ 75,000
Crawford County Wisconsin 1 $ 65,000 $ 65,000 $ 37,000
Dodge County Wisconsin 1 $ 156,000 $ 156,000 $ 103,000
Door County Wisconsin 1 $ 164,000 $ 164,000 $ 65,000
Fond du Lac County Wisconsin 1 $ 226,000 $ 226,000 $ 82,000
Jackson County Wisconsin 1 $ 82,000 $ 82,000 $ 42,000
Juneau County Wisconsin 1 $ 245,000 $ 245,000 $ 84,000
Manitowoc County Wisconsin 1 $ 87,000 $ 87,000 $ 52,000
Menominee County Wisconsin 1 $ 172,000 $ 172,000 $ 67,000
Rusk County Wisconsin 1 $ 115,000 $ 115,000 $ 60,000
Shawano County Wisconsin 1 $ 103,000 $ 103,000 $ 44,000
Winnebago County Wisconsin 1 $ 85,000 $ 85,000 $ 32,000

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 2014

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 2,090 $316,667,000 $151,000 $1,400,000 $81,000 $2,000,000
Home Purchase 1,819 $268,901,000 $147,000 $800,000 $67,000 $776,000
Home Improvement 79 $9,817,000 $124,000 $367,000 $64,000 $230,000

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 3,421 $511,944,000 $149,000 $1,400,000 $74,000 $2,000,000
Not Provided 213 $32,115,000 $150,000 $600,000 $81,000 $385,000
Black or African American 122 $18,068,000 $148,000 $395,000 $63,000 $198,000
Hispanic 112 $14,937,000 $133,000 $417,000 $60,000 $320,000
Asian 80 $12,114,000 $151,000 $417,000 $62,000 $175,000
American Indian or Alaskan Native 37 $5,855,000 $158,000 $800,000 $140,000 $776,000
Native Hawaiian or Other Pacific Islander 3 $352,000 $117,000 $133,000 $45,000 $54,000
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) 3,265 $497,360,000 $152,000 $1,400,000 $79,000 $2,000,000
FHA-insured (Federal Housing Administration) 612 $79,554,000 $129,000 $330,000 $51,000 $170,000
VA-guaranteed (Veterans Administration) 111 $18,471,000 $166,000 $413,000 $62,000 $149,000
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 2,063 $316,067,000 $153,000 $1,400,000 $80,000 $1,129,000
Preapproval Approved but not Accepted 725 $109,978,000 $151,000 $800,000 $70,000 $768,000
Application Withdrawn By Applicant 536 $78,960,000 $147,000 $1,125,000 $78,000 $768,000
Preapproval Denied by Financial Institution 389 $50,010,000 $128,000 $417,000 $50,000 $768,000
Application Denied By Financial Institution 263 $38,117,000 $144,000 $668,000 $73,000 $2,000,000
File Closed For Incompleteness 7 $1,401,000 $200,000 $320,000 $73,000 $120,000
Application Approved But Not Accepted 5 $852,000 $170,000 $319,000 $80,000 $172,000
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 387 $50,461,000 $130,000 $371,000 $52,000 $200,000
Debt-To-Income Ratio 129 $17,874,000 $138,000 $417,000 $45,000 $157,000
Collateral 75 $10,718,000 $142,000 $600,000 $83,000 $385,000
Other 15 $1,767,000 $117,000 $300,000 $203,000 $2,000,000
Employment History 14 $2,430,000 $173,000 $668,000 $34,000 $122,000
Insufficient Cash (Downpayment, Closing Cost) 10 $1,159,000 $115,000 $380,000 $119,000 $768,000
Unverifiable Information 8 $1,225,000 $153,000 $309,000 $48,000 $99,000
Credit Application Incomplete 1 $114,000 $114,000 $114,000 $0 $0
Mortgage Insurance Denied 1 $204,000 $204,000 $204,000 $91,000 $91,000

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