Frandsen Bank & Trust
HMDA Loan Application Totals
and Mortgage Lending Details
for 2015
Frandsen Bank & Trust 2015 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 | Frandsen Bank & Trust 116 Central Street West Lonsdale, MN 55046 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 |
| Total Number of Mortgage Applications | 1,264 |
| Total Mortgage Loan Application Amount | $187,801,000 |
| Average Mortgage Loan Application Amount | $135,666 |
| Highest Mortgage Loan Application Amount | $4,307,000 |
| Average Applicant Income | $85,000 |
| Highest Applicant Income | $1,454,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2015 with Frandsen Bank & Trust. 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 Frandsen Bank & Trust's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2015 breaks down Frandsen Bank & Trust'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 Frandsen Bank & Trust serves its applicants.
Each category highlights the total number of mortgage applications processed by Frandsen Bank & Trust, 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 Frandsen Bank & Trust's mortgage activity for 2015.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| St. Louis County Minnesota | 157 | $ 19,777,000 | $ 125,000 | $ 96,000 |
| Grand Forks County North Dakota | 86 | $ 11,803,000 | $ 137,000 | $ 90,000 |
| Carlton County Minnesota | 76 | $ 9,770,000 | $ 128,000 | $ 88,000 |
| Crow Wing County Minnesota | 73 | $ 12,113,000 | $ 165,000 | $ 91,000 |
| Polk County Minnesota | 65 | $ 9,164,000 | $ 140,000 | $ 100,000 |
| Brown County Minnesota | 62 | $ 6,650,000 | $ 107,000 | $ 65,000 |
| Rice County Minnesota | 53 | $ 8,425,000 | $ 158,000 | $ 71,000 |
| Polk County Wisconsin | 47 | $ 4,605,000 | $ 97,000 | $ 67,000 |
| Le Sueur County Minnesota | 44 | $ 5,884,000 | $ 133,000 | $ 90,000 |
| Nicollet County Minnesota | 41 | $ 6,525,000 | $ 159,000 | $ 71,000 |
| Scott County Minnesota | 41 | $ 8,361,000 | $ 203,000 | $ 98,000 |
| Benton County Minnesota | 37 | $ 4,082,000 | $ 110,000 | $ 62,000 |
| Pine County Minnesota | 35 | $ 4,014,000 | $ 114,000 | $ 69,000 |
| Blue Earth County Minnesota | 34 | $ 5,360,000 | $ 157,000 | $ 59,000 |
| Isanti County Minnesota | 26 | $ 3,600,000 | $ 138,000 | $ 92,000 |
| Kanabec County Minnesota | 21 | $ 2,141,000 | $ 101,000 | $ 68,000 |
| Norman County Minnesota | 21 | $ 2,057,000 | $ 97,000 | $ 65,000 |
| Hennepin County Minnesota | 20 | $ 5,644,000 | $ 282,000 | $ 94,000 |
| Burnett County Wisconsin | 20 | $ 2,649,000 | $ 132,000 | $ 76,000 |
| Chisago County Minnesota | 18 | $ 3,088,000 | $ 171,000 | $ 82,000 |
| Anoka County Minnesota | 17 | $ 2,929,000 | $ 172,000 | $ 107,000 |
| Big Stone County Minnesota | 17 | $ 1,392,000 | $ 81,000 | $ 65,000 |
| Cass County Minnesota | 16 | $ 3,214,000 | $ 200,000 | $ 165,000 |
| Dakota County Minnesota | 14 | $ 3,061,000 | $ 218,000 | $ 92,000 |
| Mille Lacs County Minnesota | 14 | $ 1,786,000 | $ 127,000 | $ 58,000 |
| Renville County Minnesota | 14 | $ 1,690,000 | $ 120,000 | $ 60,000 |
| Washington County Minnesota | 14 | $ 10,550,000 | $ 753,000 | $ 127,000 |
| Marshall County Minnesota | 13 | $ 817,000 | $ 62,000 | $ 57,000 |
| Lake County Minnesota | 11 | $ 1,863,000 | $ 169,000 | $ 112,000 |
| Ramsey County Minnesota | 11 | $ 3,802,000 | $ 345,000 | $ 132,000 |
| Waseca County Minnesota | 11 | $ 1,050,000 | $ 95,000 | $ 43,000 |
| Morrison County Minnesota | 9 | $ 890,000 | $ 98,000 | $ 99,000 |
| Itasca County Minnesota | 7 | $ 537,000 | $ 76,000 | $ 53,000 |
| Aitkin County Minnesota | 6 | $ 1,235,000 | $ 205,000 | $ 118,000 |
| Stearns County Minnesota | 6 | $ 925,000 | $ 154,000 | $ 84,000 |
| Cass County North Dakota | 5 | $ 743,000 | $ 148,000 | $ 259,000 |
| Traill County North Dakota | 5 | $ 533,000 | $ 106,000 | $ 67,000 |
| St. Croix County Wisconsin | 5 | $ 885,000 | $ 177,000 | $ 60,000 |
| Carver County Minnesota | 4 | $ 1,165,000 | $ 291,000 | $ 133,000 |
| McLeod County Minnesota | 4 | $ 642,000 | $ 160,000 | $ 50,000 |
| Steele County Minnesota | 4 | $ 328,000 | $ 82,000 | $ 68,000 |
| Wright County Minnesota | 4 | $ 918,000 | $ 229,000 | $ 195,000 |
| Becker County Minnesota | 3 | $ 1,418,000 | $ 472,000 | $ 207,000 |
| Kandiyohi County Minnesota | 3 | $ 248,000 | $ 82,000 | $ 54,000 |
| Sherburne County Minnesota | 3 | $ 640,000 | $ 213,000 | $ 88,000 |
| Walsh County North Dakota | 3 | $ 226,000 | $ 75,000 | $ 50,000 |
| Beltrami County Minnesota | 2 | $ 875,000 | $ 437,000 | $ 113,000 |
| Clay County Minnesota | 2 | $ 262,000 | $ 131,000 | $ 69,000 |
| Hubbard County Minnesota | 2 | $ 460,000 | $ 230,000 | $ 105,000 |
| Lake of the Woods County Minnesota | 2 | $ 311,000 | $ 155,000 | $ 132,000 |
| Mahnomen County Minnesota | 2 | $ 355,000 | $ 177,000 | $ 91,000 |
| Martin County Minnesota | 2 | $ 390,000 | $ 195,000 | $ 89,000 |
| Sibley County Minnesota | 2 | $ 162,000 | $ 81,000 | $ 63,000 |
| Todd County Minnesota | 2 | $ 117,000 | $ 58,000 | $ 83,000 |
| Minnehaha County South Dakota | 2 | $ 292,000 | $ 146,000 | $ 60,000 |
| Barron County Wisconsin | 2 | $ 210,000 | $ 105,000 | $ 56,000 |
| Douglas County Wisconsin | 2 | $ 125,000 | $ 62,000 | $ 122,000 |
| Sawyer County Wisconsin | 2 | $ 254,000 | $ 127,000 | $ 52,000 |
| Washburn County Wisconsin | 2 | $ 124,000 | $ 62,000 | $ 74,000 |
| Maricopa County Arizona | 1 | $ 103,000 | $ 103,000 | $ 134,000 |
| Routt County Colorado | 1 | $ 137,000 | $ 137,000 | $ 46,000 |
| Lake County Florida | 1 | $ 173,000 | $ 173,000 | $ 249,000 |
| Lee County Florida | 1 | $ 115,000 | $ 115,000 | $ 74,000 |
| Freeborn County Minnesota | 1 | $ 372,000 | $ 372,000 | $ 48,000 |
| Kittson County Minnesota | 1 | $ 20,000 | $ 20,000 | $ 50,000 |
| Koochiching County Minnesota | 1 | $ 184,000 | $ 184,000 | $ 89,000 |
| Meeker County Minnesota | 1 | $ 111,000 | $ 111,000 | $ 34,000 |
| Olmsted County Minnesota | 1 | $ 106,000 | $ 106,000 | $ 42,000 |
| Pennington County Minnesota | 1 | $ 134,000 | $ 134,000 | $ 54,000 |
| Pope County Minnesota | 1 | $ 156,000 | $ 156,000 | $ 91,000 |
| Redwood County Minnesota | 1 | $ 30,000 | $ 30,000 | $ 54,000 |
| Wadena County Minnesota | 1 | $ 127,000 | $ 127,000 | $ 49,000 |
| Watonwan County Minnesota | 1 | $ 160,000 | $ 160,000 | $ 57,000 |
| Nelson County North Dakota | 1 | $ 80,000 | $ 80,000 | $ 128,000 |
| Towner County North Dakota | 1 | $ 84,000 | $ 84,000 | $ 50,000 |
| Brookings County South Dakota | 1 | $ 41,000 | $ 41,000 | $ 113,000 |
| Grant County South Dakota | 1 | $ 138,000 | $ 138,000 | $ 92,000 |
| Lincoln County South Dakota | 1 | $ 126,000 | $ 126,000 | $ 124,000 |
| Dunn County Wisconsin | 1 | $ 34,000 | $ 34,000 | $ 102,000 |
Mortgage Loan Application Detail Totals for Frandsen Bank & Trust in 2015
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 | 653 | $96,433,000 | $147,000 | $900,000 | $81,000 | $894,000 |
| Refinancing | 466 | $77,659,000 | $166,000 | $4,307,000 | $94,000 | $1,454,000 |
| Home Improvement | 145 | $13,709,000 | $94,000 | $450,000 | $80,000 | $479,000 |
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 | 1,106 | $155,996,000 | $141,000 | $900,000 | $87,000 | $1,454,000 |
| Not Provided | 83 | $13,709,000 | $165,000 | $635,000 | $122,000 | $877,000 |
| Not applicable | 48 | $14,639,000 | $304,000 | $4,307,000 | $0 | $0 |
| Hispanic | 14 | $1,588,000 | $113,000 | $218,000 | $61,000 | $175,000 |
| American Indian or Alaskan Native | 7 | $654,000 | $93,000 | $148,000 | $85,000 | $166,000 |
| Asian | 6 | $1,215,000 | $202,000 | $411,000 | $62,000 | $120,000 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 1,192 | $178,247,000 | $149,000 | $4,307,000 | $87,000 | $1,454,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 49 | $5,975,000 | $121,000 | $300,000 | $47,000 | $147,000 |
| FHA-insured (Federal Housing Administration) | 13 | $1,487,000 | $114,000 | $200,000 | $61,000 | $127,000 |
| VA-guaranteed (Veterans Administration) | 10 | $2,092,000 | $209,000 | $377,000 | $80,000 | $109,000 |
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 | 974 | $143,418,000 | $147,000 | $4,307,000 | $88,000 | $1,454,000 |
| Application Denied By Financial Institution | 130 | $17,684,000 | $136,000 | $635,000 | $58,000 | $331,000 |
| Application Withdrawn By Applicant | 104 | $18,458,000 | $177,000 | $900,000 | $102,000 | $877,000 |
| Application Approved But Not Accepted | 37 | $5,827,000 | $157,000 | $410,000 | $83,000 | $355,000 |
| Preapproval Denied by Financial Institution | 17 | $2,204,000 | $129,000 | $387,000 | $57,000 | $160,000 |
| File Closed For Incompleteness | 1 | $90,000 | $90,000 | $90,000 | $173,000 | $173,000 |
| Loan Purchased By The Institution | 1 | $120,000 | $120,000 | $120,000 | $0 | $0 |
| Preapproval Approved but not Accepted | 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 | 67 | $8,225,000 | $122,000 | $635,000 | $60,000 | $331,000 |
| Debt-To-Income Ratio | 44 | $7,033,000 | $159,000 | $500,000 | $50,000 | $207,000 |
| Collateral | 18 | $2,252,000 | $125,000 | $225,000 | $71,000 | $138,000 |
| Employment History | 10 | $1,444,000 | $144,000 | $309,000 | $54,000 | $120,000 |
| Other | 6 | $530,000 | $88,000 | $139,000 | $49,000 | $89,000 |
| Unverifiable Information | 1 | $104,000 | $104,000 | $104,000 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $300,000 | $300,000 | $300,000 | $147,000 | $147,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Frandsen Bank & Trust's 2015 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 Frandsen Bank & Trust'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.