Frandsen Bank & Trust
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Frandsen Bank & Trust 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 | 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 | 1,577 |
| Total Mortgage Loan Application Amount | $341,865,000 |
| Average Mortgage Loan Application Amount | $180,000 |
| Highest Mortgage Loan Application Amount | $3,105,000 |
| Average Applicant Income | $138,800 |
| Highest Applicant Income | $3,630,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 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 2022 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 2022.
| 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 | 274 | $ 58,400,000 | $ 213,000 | $ 165,000 |
| Carlton County Minnesota | 96 | $ 20,660,000 | $ 215,000 | $ 138,000 |
| Rice County Minnesota | 63 | $ 13,055,000 | $ 207,000 | $ 104,000 |
| Crow Wing County Minnesota | 60 | $ 17,280,000 | $ 288,000 | $ 174,000 |
| Hennepin County Minnesota | 57 | $ 26,935,000 | $ 472,000 | $ 227,000 |
| Le Sueur County Minnesota | 55 | $ 8,725,000 | $ 158,000 | $ 82,000 |
| Brown County Minnesota | 51 | $ 7,215,000 | $ 141,000 | $ 119,000 |
| Scott County Minnesota | 50 | $ 12,340,000 | $ 246,000 | $ 151,000 |
| Pine County Minnesota | 49 | $ 8,275,000 | $ 168,000 | $ 148,000 |
| Grand Forks County North Dakota | 48 | $ 7,560,000 | $ 157,000 | $ 96,000 |
| Polk County Wisconsin | 46 | $ 6,200,000 | $ 134,000 | $ 106,000 |
| Polk County Minnesota | 45 | $ 6,445,000 | $ 143,000 | $ 103,000 |
| Nicollet County Minnesota | 44 | $ 8,130,000 | $ 184,000 | $ 126,000 |
| Blue Earth County Minnesota | 43 | $ 9,155,000 | $ 212,000 | $ 141,000 |
| Sawyer County Wisconsin | 35 | $ 5,045,000 | $ 144,000 | $ 113,000 |
| Isanti County Minnesota | 33 | $ 5,775,000 | $ 175,000 | $ 101,000 |
| Eau Claire County Wisconsin | 33 | $ 10,235,000 | $ 310,000 | $ 202,000 |
| Ramsey County Minnesota | 30 | $ 11,110,000 | $ 370,000 | $ 336,000 |
| Dakota County Minnesota | 28 | $ 6,650,000 | $ 237,000 | $ 157,000 |
| Chisago County Minnesota | 26 | $ 7,560,000 | $ 290,000 | $ 151,000 |
| Norman County Minnesota | 22 | $ 2,510,000 | $ 114,000 | $ 68,000 |
| Douglas County Wisconsin | 21 | $ 4,015,000 | $ 191,000 | $ 146,000 |
| Benton County Minnesota | 20 | $ 3,140,000 | $ 157,000 | $ 100,000 |
| Cass County Minnesota | 19 | $ 4,365,000 | $ 229,000 | $ 149,000 |
| Lake County Minnesota | 18 | $ 4,870,000 | $ 270,000 | $ 198,000 |
| Marshall County Minnesota | 18 | $ 1,910,000 | $ 106,000 | $ 103,000 |
| Renville County Minnesota | 15 | $ 1,475,000 | $ 98,000 | $ 100,000 |
| Washington County Minnesota | 15 | $ 4,175,000 | $ 278,000 | $ 198,000 |
| Anoka County Minnesota | 14 | $ 2,900,000 | $ 207,000 | $ 93,000 |
| Chippewa County Wisconsin | 14 | $ 4,080,000 | $ 291,000 | $ 202,000 |
| Kanabec County Minnesota | 13 | $ 2,505,000 | $ 192,000 | $ 94,000 |
| Big Stone County Minnesota | 11 | $ 805,000 | $ 73,000 | $ 70,000 |
| Burnett County Wisconsin | 11 | $ 2,215,000 | $ 201,000 | $ 209,000 |
| Bayfield County Wisconsin | 9 | $ 1,445,000 | $ 160,000 | $ 220,000 |
| Aitkin County Minnesota | 8 | $ 1,530,000 | $ 191,000 | $ 203,000 |
| Stearns County Minnesota | 8 | $ 1,390,000 | $ 173,000 | $ 150,000 |
| Wright County Minnesota | 8 | $ 2,390,000 | $ 298,000 | $ 107,000 |
| Carver County Minnesota | 7 | $ 3,055,000 | $ 436,000 | $ 173,000 |
| Mille Lacs County Minnesota | 7 | $ 1,555,000 | $ 222,000 | $ 96,000 |
| Morrison County Minnesota | 6 | $ 870,000 | $ 145,000 | $ 68,000 |
| Sherburne County Minnesota | 6 | $ 1,280,000 | $ 213,000 | $ 185,000 |
| Hubbard County Minnesota | 5 | $ 605,000 | $ 121,000 | $ 178,000 |
| Itasca County Minnesota | 5 | $ 855,000 | $ 171,000 | $ 134,000 |
| Becker County Minnesota | 4 | $ 610,000 | $ 152,000 | $ 123,000 |
| Lac qui Parle County Minnesota | 4 | $ 420,000 | $ 105,000 | $ 56,000 |
| Steele County Minnesota | 4 | $ 1,000,000 | $ 250,000 | $ 109,000 |
| Waseca County Minnesota | 4 | $ 750,000 | $ 187,000 | $ 73,000 |
| Barron County Wisconsin | 4 | $ 670,000 | $ 167,000 | $ 159,000 |
| Washburn County Wisconsin | 4 | $ 680,000 | $ 170,000 | $ 146,000 |
| Maricopa County Arizona | 3 | $ 235,000 | $ 78,000 | $ 153,000 |
| Lee County Florida | 3 | $ 1,625,000 | $ 541,000 | $ 368,000 |
| Okaloosa County Florida | 3 | $ 555,000 | $ 185,000 | $ 48,000 |
| Freeborn County Minnesota | 3 | $ 1,095,000 | $ 365,000 | $ 113,000 |
| Goodhue County Minnesota | 3 | $ 465,000 | $ 155,000 | $ 129,000 |
| Kittson County Minnesota | 3 | $ 265,000 | $ 88,000 | $ 153,000 |
| Mahnomen County Minnesota | 3 | $ 435,000 | $ 145,000 | $ 158,000 |
| Olmsted County Minnesota | 3 | $ 765,000 | $ 255,000 | $ 187,000 |
| Otter Tail County Minnesota | 3 | $ 835,000 | $ 278,000 | $ 179,000 |
| Sibley County Minnesota | 3 | $ 245,000 | $ 81,000 | $ 115,000 |
| Stevens County Minnesota | 3 | $ 485,000 | $ 161,000 | $ 76,000 |
| Pima County Arizona | 2 | $ 320,000 | $ 160,000 | $ 113,000 |
| Walton County Florida | 2 | $ 2,440,000 | $ 1,220,000 | $ 297,000 |
| Clay County Minnesota | 2 | $ 510,000 | $ 255,000 | $ 108,000 |
| Dodge County Minnesota | 2 | $ 290,000 | $ 145,000 | $ 104,000 |
| Douglas County Minnesota | 2 | $ 580,000 | $ 290,000 | $ 121,000 |
| Kandiyohi County Minnesota | 2 | $ 380,000 | $ 190,000 | $ 176,000 |
| Pope County Minnesota | 2 | $ 300,000 | $ 150,000 | $ 115,000 |
| Red Lake County Minnesota | 2 | $ 290,000 | $ 145,000 | $ 87,000 |
| Roseau County Minnesota | 2 | $ 310,000 | $ 155,000 | $ 173,000 |
| Cass County North Dakota | 2 | $ 310,000 | $ 155,000 | $ 46,000 |
| Ramsey County North Dakota | 2 | $ 260,000 | $ 130,000 | $ 77,000 |
| Walsh County North Dakota | 2 | $ 320,000 | $ 160,000 | $ 70,000 |
| Dunn County Wisconsin | 2 | $ 490,000 | $ 245,000 | $ 159,000 |
| Marathon County Wisconsin | 2 | $ 170,000 | $ 85,000 | $ 56,000 |
| St. Croix County Wisconsin | 2 | $ 1,410,000 | $ 705,000 | $ 381,000 |
| Vilas County Wisconsin | 2 | $ 350,000 | $ 175,000 | $ 791,000 |
| Winnebago County Wisconsin | 2 | $ 1,290,000 | $ 645,000 | $ 636,000 |
| Sarasota County Florida | 1 | $ 355,000 | $ 355,000 | $ 130,000 |
| St. Johns County Florida | 1 | $ 305,000 | $ 305,000 | $ 640,000 |
| Clinton County Iowa | 1 | $ 75,000 | $ 75,000 | $ 402,000 |
| Dickinson County Iowa | 1 | $ 155,000 | $ 155,000 | $ 186,000 |
| Beltrami County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 47,000 |
| Chippewa County Minnesota | 1 | $ 335,000 | $ 335,000 | $ 144,000 |
| Cook County Minnesota | 1 | $ 365,000 | $ 365,000 | $ 186,000 |
| Faribault County Minnesota | 1 | $ 65,000 | $ 65,000 | $ 31,000 |
| Fillmore County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 76,000 |
| Houston County Minnesota | 1 | $ 305,000 | $ 305,000 | $ 165,000 |
| Lake of the Woods County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 96,000 |
| Martin County Minnesota | 1 | $ 305,000 | $ 305,000 | $ 70,000 |
| McLeod County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 197,000 |
| Meeker County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 31,000 |
| Murray County Minnesota | 1 | $ 305,000 | $ 305,000 | $ 210,000 |
| Pennington County Minnesota | 1 | $ 85,000 | $ 85,000 | $ 116,000 |
| Redwood County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 69,000 |
| Swift County Minnesota | 1 | $ 5,000 | $ 5,000 | $ 13,000 |
| Todd County Minnesota | 1 | $ 265,000 | $ 265,000 | $ 64,000 |
| Wadena County Minnesota | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Burleigh County North Dakota | 1 | $ 395,000 | $ 395,000 | $ 95,000 |
| Morton County North Dakota | 1 | $ 85,000 | $ 85,000 | $ 27,000 |
| Pembina County North Dakota | 1 | $ 105,000 | $ 105,000 | $ 95,000 |
| Grant County South Dakota | 1 | $ 45,000 | $ 45,000 | $ 78,000 |
| Lawrence County South Dakota | 1 | $ 205,000 | $ 205,000 | $ 62,000 |
| Minnehaha County South Dakota | 1 | $ 355,000 | $ 355,000 | $ 282,000 |
| Roberts County South Dakota | 1 | $ 285,000 | $ 285,000 | $ 95,000 |
| Wilson County Tennessee | 1 | $ 315,000 | $ 315,000 | $ 306,000 |
| Ashland County Wisconsin | 1 | $ 225,000 | $ 225,000 | $ 63,000 |
| Brown County Wisconsin | 1 | $ 315,000 | $ 315,000 | $ 310,000 |
| Buffalo County Wisconsin | 1 | $ 75,000 | $ 75,000 | $ 152,000 |
| Clark County Wisconsin | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Dane County Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 395,000 |
| Green Lake County Wisconsin | 1 | $ 995,000 | $ 995,000 | $ 393,000 |
| Milwaukee County Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 480,000 |
| Outagamie County Wisconsin | 1 | $ 345,000 | $ 345,000 | $ 187,000 |
| Pepin County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 34,000 |
| Rusk County Wisconsin | 1 | $ 505,000 | $ 505,000 | $ 121,000 |
| Trempealeau County Wisconsin | 1 | $ 75,000 | $ 75,000 | $ 400,000 |
| Waukesha County Wisconsin | 1 | $ 1,075,000 | $ 1,075,000 | $ 677,000 |
Mortgage Loan Application Detail Totals for Frandsen Bank & Trust 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 | 781 | $213,335,000 | $273,000 | $3,105,000 | $154,000 | $989,000 |
| Refinancing | 251 | $62,525,000 | $249,000 | $2,375,000 | $155,000 | $3,630,000 |
| Home Improvement | 248 | $21,880,000 | $88,000 | $615,000 | $151,000 | $1,900,000 |
| Cash-out Refinancing | 158 | $30,420,000 | $192,000 | $645,000 | $108,000 | $791,000 |
| Other Purpose | 139 | $13,705,000 | $98,000 | $705,000 | $126,000 | $1,080,000 |
| 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 | 1,353 | $280,965,000 | $207,000 | $2,375,000 | $141,000 | $2,008,000 |
| Not applicable | 93 | $30,345,000 | $326,000 | $3,105,000 | $0 | $0 |
| Not Provided | 86 | $21,560,000 | $250,000 | $1,455,000 | $226,000 | $3,630,000 |
| Hispanic | 26 | $4,550,000 | $175,000 | $745,000 | $144,000 | $576,000 |
| American Indian or Alaskan Native | 6 | $970,000 | $161,000 | $305,000 | $140,000 | $230,000 |
| Asian | 6 | $2,300,000 | $383,000 | $755,000 | $148,000 | $297,000 |
| Black or African American | 5 | $665,000 | $133,000 | $225,000 | $63,000 | $137,000 |
| 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) | 1,559 | $338,365,000 | $217,000 | $3,105,000 | $147,000 | $3,630,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 12 | $1,940,000 | $161,000 | $385,000 | $59,000 | $113,000 |
| VA-guaranteed (Veterans Administration) | 4 | $1,050,000 | $262,000 | $315,000 | $86,000 | $124,000 |
| FHA-insured (Federal Housing Administration) | 2 | $510,000 | $255,000 | $275,000 | $95,000 | $111,000 |
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 | 1,312 | $283,960,000 | $216,000 | $2,375,000 | $149,000 | $2,008,000 |
| Application Withdrawn By Applicant | 179 | $44,525,000 | $248,000 | $3,105,000 | $156,000 | $3,630,000 |
| Application Denied By Financial Institution | 65 | $9,475,000 | $145,000 | $1,255,000 | $80,000 | $297,000 |
| Application Approved But Not Accepted | 8 | $1,770,000 | $221,000 | $565,000 | $124,000 | $225,000 |
| Loan Purchased By The Institution | 7 | $1,295,000 | $185,000 | $255,000 | $55,000 | $66,000 |
| File Closed For Incompleteness | 6 | $840,000 | $140,000 | $235,000 | $88,000 | $183,000 |
| 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 | 1,178 | $299,950,000 | $254,000 | $3,105,000 | $148,000 | $3,630,000 |
| Debt-To-Income Ratio | 375 | $38,675,000 | $103,000 | $1,255,000 | $144,000 | $1,900,000 |
| Credit History | 19 | $2,665,000 | $140,000 | $505,000 | $91,000 | $223,000 |
| Other | 3 | $345,000 | $115,000 | $235,000 | $68,000 | $80,000 |
| Collateral | 2 | $230,000 | $115,000 | $145,000 | $98,000 | $166,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Frandsen Bank & Trust'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 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.