Deerwood Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
Deerwood Bank 2021 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 | Deerwood Bank 21236 Archibald Road Waite Park, MN 56444 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 |
| Total Number of Mortgage Applications | 1,116 |
| Total Mortgage Loan Application Amount | $257,080,000 |
| Average Mortgage Loan Application Amount | $186,800 |
| Highest Mortgage Loan Application Amount | $1,365,000 |
| Average Applicant Income | $129,400 |
| Highest Applicant Income | $1,818,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 with Deerwood Bank. 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 Deerwood Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2021 breaks down Deerwood Bank'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 Deerwood Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Deerwood Bank, 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 Deerwood Bank's mortgage activity for 2021.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Crow Wing County Minnesota | 267 | $ 58,205,000 | $ 217,000 | $ 120,000 |
| Beltrami County Minnesota | 124 | $ 21,410,000 | $ 172,000 | $ 84,000 |
| Stearns County Minnesota | 106 | $ 30,140,000 | $ 284,000 | $ 192,000 |
| Itasca County Minnesota | 86 | $ 20,650,000 | $ 240,000 | $ 199,000 |
| Hennepin County Minnesota | 69 | $ 19,545,000 | $ 283,000 | $ 160,000 |
| Aitkin County Minnesota | 54 | $ 10,320,000 | $ 191,000 | $ 110,000 |
| Ramsey County Minnesota | 50 | $ 10,810,000 | $ 216,000 | $ 140,000 |
| Cass County Minnesota | 49 | $ 13,065,000 | $ 266,000 | $ 143,000 |
| Dakota County Minnesota | 49 | $ 9,915,000 | $ 202,000 | $ 127,000 |
| Benton County Minnesota | 28 | $ 7,240,000 | $ 258,000 | $ 172,000 |
| Anoka County Minnesota | 24 | $ 5,660,000 | $ 235,000 | $ 139,000 |
| Washington County Minnesota | 21 | $ 5,655,000 | $ 269,000 | $ 159,000 |
| Hubbard County Minnesota | 18 | $ 3,360,000 | $ 186,000 | $ 135,000 |
| Sherburne County Minnesota | 14 | $ 3,130,000 | $ 223,000 | $ 154,000 |
| Morrison County Minnesota | 13 | $ 2,295,000 | $ 176,000 | $ 84,000 |
| Scott County Minnesota | 13 | $ 4,385,000 | $ 337,000 | $ 153,000 |
| St. Louis County Minnesota | 13 | $ 2,465,000 | $ 189,000 | $ 171,000 |
| Clearwater County Minnesota | 11 | $ 1,335,000 | $ 121,000 | $ 66,000 |
| Koochiching County Minnesota | 8 | $ 1,160,000 | $ 145,000 | $ 76,000 |
| Mille Lacs County Minnesota | 7 | $ 1,455,000 | $ 207,000 | $ 102,000 |
| Wright County Minnesota | 7 | $ 1,735,000 | $ 247,000 | $ 181,000 |
| Douglas County Minnesota | 6 | $ 1,590,000 | $ 265,000 | $ 147,000 |
| Jefferson County Colorado | 4 | $ 1,750,000 | $ 437,000 | $ 87,000 |
| Lee County Florida | 4 | $ 2,040,000 | $ 510,000 | $ 703,000 |
| Lake of the Woods County Minnesota | 4 | $ 1,220,000 | $ 305,000 | $ 137,000 |
| Todd County Minnesota | 4 | $ 800,000 | $ 200,000 | $ 103,000 |
| Wadena County Minnesota | 4 | $ 660,000 | $ 165,000 | $ 77,000 |
| Pinal County Arizona | 3 | $ 755,000 | $ 251,000 | $ 381,000 |
| Becker County Minnesota | 3 | $ 645,000 | $ 215,000 | $ 118,000 |
| Carver County Minnesota | 3 | $ 305,000 | $ 101,000 | $ 132,000 |
| Chisago County Minnesota | 3 | $ 1,045,000 | $ 348,000 | $ 131,000 |
| Kandiyohi County Minnesota | 3 | $ 995,000 | $ 331,000 | $ 116,000 |
| Meeker County Minnesota | 3 | $ 655,000 | $ 218,000 | $ 87,000 |
| Pine County Minnesota | 3 | $ 415,000 | $ 138,000 | $ 82,000 |
| Collier County Florida | 2 | $ 630,000 | $ 315,000 | $ 240,000 |
| Carlton County Minnesota | 2 | $ 330,000 | $ 165,000 | $ 93,000 |
| Isanti County Minnesota | 2 | $ 220,000 | $ 110,000 | $ 115,000 |
| Kanabec County Minnesota | 2 | $ 340,000 | $ 170,000 | $ 82,000 |
| Douglas County Wisconsin | 2 | $ 250,000 | $ 125,000 | $ 132,000 |
| Fresno County California | 1 | $ 145,000 | $ 145,000 | $ 40,000 |
| Orange County California | 1 | $ 645,000 | $ 645,000 | $ 95,000 |
| Douglas County Colorado | 1 | $ 265,000 | $ 265,000 | $ 163,000 |
| Manatee County Florida | 1 | $ 235,000 | $ 235,000 | $ 250,000 |
| Nassau County Florida | 1 | $ 125,000 | $ 125,000 | $ 80,000 |
| Cook County Illinois | 1 | $ 495,000 | $ 495,000 | $ 150,000 |
| Lincoln County Kentucky | 1 | $ 275,000 | $ 275,000 | $ 160,000 |
| Clay County Minnesota | 1 | $ 395,000 | $ 395,000 | $ 112,000 |
| Lake County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 235,000 |
| Nicollet County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 70,000 |
| Otter Tail County Minnesota | 1 | $ 475,000 | $ 475,000 | $ 304,000 |
| Polk County Minnesota | 1 | $ 85,000 | $ 85,000 | $ 111,000 |
| Rice County Minnesota | 1 | $ 325,000 | $ 325,000 | $ 80,000 |
| Roseau County Minnesota | 1 | $ 215,000 | $ 215,000 | $ 70,000 |
| Douglas County Nebraska | 1 | $ 155,000 | $ 155,000 | $ 200,000 |
| Clark County Nevada | 1 | $ 405,000 | $ 405,000 | $ 169,000 |
| Nassau County New York | 1 | $ 225,000 | $ 225,000 | $ 259,000 |
| Grand Forks County North Dakota | 1 | $ 65,000 | $ 65,000 | $ 289,000 |
| Morton County North Dakota | 1 | $ 215,000 | $ 215,000 | $ 414,000 |
| Cuyahoga County Ohio | 1 | $ 275,000 | $ 275,000 | $ 130,000 |
| Codington County South Dakota | 1 | $ 135,000 | $ 135,000 | $ 172,000 |
| Brazos County Texas | 1 | $ 925,000 | $ 925,000 | $ 686,000 |
| Clark County Washington | 1 | $ 165,000 | $ 165,000 | $ 90,000 |
| Barron County Wisconsin | 1 | $ 335,000 | $ 335,000 | $ 107,000 |
| Brown County Wisconsin | 1 | $ 355,000 | $ 355,000 | $ 174,000 |
| Burnett County Wisconsin | 1 | $ 235,000 | $ 235,000 | $ 101,000 |
| Eau Claire County Wisconsin | 1 | $ 255,000 | $ 255,000 | $ 90,000 |
Mortgage Loan Application Detail Totals for Deerwood Bank in 2021
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 | 383 | $103,395,000 | $269,000 | $1,155,000 | $169,000 | $1,818,000 |
| Refinancing | 357 | $78,945,000 | $221,000 | $1,125,000 | $132,000 | $873,000 |
| Cash-out Refinancing | 274 | $66,030,000 | $240,000 | $1,365,000 | $124,000 | $1,281,000 |
| Home Improvement | 78 | $5,490,000 | $70,000 | $545,000 | $101,000 | $363,000 |
| Other Purpose | 24 | $3,220,000 | $134,000 | $455,000 | $121,000 | $548,000 |
| 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 | 943 | $212,845,000 | $225,000 | $1,365,000 | $137,000 | $1,818,000 |
| Not Provided | 134 | $35,270,000 | $263,000 | $925,000 | $163,000 | $1,264,000 |
| Not applicable | 22 | $5,560,000 | $252,000 | $805,000 | $0 | $0 |
| American Indian or Alaskan Native | 5 | $865,000 | $173,000 | $385,000 | $65,000 | $151,000 |
| Asian | 5 | $895,000 | $179,000 | $245,000 | $135,000 | $368,000 |
| Black or African American | 3 | $745,000 | $248,000 | $375,000 | $89,000 | $111,000 |
| Hispanic | 2 | $370,000 | $185,000 | $255,000 | $462,000 | $841,000 |
| 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) | 1,115 | $257,025,000 | $230,000 | $1,365,000 | $140,000 | $1,818,000 |
| FHA-insured (Federal Housing Administration) | 1 | $55,000 | $55,000 | $55,000 | $60,000 | $60,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $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 | 959 | $225,685,000 | $235,000 | $1,365,000 | $142,000 | $1,818,000 |
| Application Withdrawn By Applicant | 102 | $22,330,000 | $218,000 | $545,000 | $145,000 | $780,000 |
| Application Denied By Financial Institution | 49 | $8,255,000 | $168,000 | $545,000 | $89,000 | $451,000 |
| Application Approved But Not Accepted | 6 | $810,000 | $135,000 | $175,000 | $101,000 | $172,000 |
| 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 | 1,067 | $248,825,000 | $233,000 | $1,365,000 | $142,000 | $1,818,000 |
| Debt-To-Income Ratio | 18 | $2,900,000 | $161,000 | $505,000 | $81,000 | $360,000 |
| Other | 16 | $2,650,000 | $165,000 | $545,000 | $61,000 | $126,000 |
| Unverifiable Information | 4 | $850,000 | $212,000 | $285,000 | $65,000 | $128,000 |
| Credit History | 4 | $660,000 | $165,000 | $225,000 | $177,000 | $451,000 |
| Credit Application Incomplete | 3 | $495,000 | $165,000 | $275,000 | $123,000 | $253,000 |
| Collateral | 2 | $320,000 | $160,000 | $255,000 | $174,000 | $291,000 |
| Employment History | 1 | $115,000 | $115,000 | $115,000 | $75,000 | $75,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $265,000 | $265,000 | $265,000 | $152,000 | $152,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Deerwood Bank's 2021 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 Deerwood Bank'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 Minnesota, download the full spreadsheet
with aggregated HMDA statistics today.