Frandsen Bank & Trust
HMDA Loan Application Totals
and Mortgage Lending Details
for 2012
Frandsen Bank & Trust 2012 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 | 2014 2013 2012 2011 2010 2009 2008 2007 2006 |
| Total Number of Mortgage Applications | 1,922 |
| Total Mortgage Loan Application Amount | $263,550,000 |
| Average Mortgage Loan Application Amount | $116,333 |
| Highest Mortgage Loan Application Amount | $1,507,000 |
| Average Applicant Income | $90,000 |
| Highest Applicant Income | $3,600,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2012 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 2012 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 2012.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Grand Forks County North Dakota | 214 | $ 25,922,000 | $ 121,000 | $ 83,000 |
| St. Louis County Minnesota | 190 | $ 24,035,000 | $ 126,000 | $ 90,000 |
| Polk County Wisconsin | 152 | $ 15,711,000 | $ 103,000 | $ 77,000 |
| Polk County Minnesota | 142 | $ 19,904,000 | $ 140,000 | $ 80,000 |
| Brown County Minnesota | 137 | $ 15,668,000 | $ 114,000 | $ 70,000 |
| Crow Wing County Minnesota | 113 | $ 21,238,000 | $ 187,000 | $ 119,000 |
| Le Sueur County Minnesota | 106 | $ 13,569,000 | $ 128,000 | $ 72,000 |
| Rice County Minnesota | 102 | $ 14,658,000 | $ 143,000 | $ 76,000 |
| Blue Earth County Minnesota | 63 | $ 8,600,000 | $ 136,000 | $ 80,000 |
| Nicollet County Minnesota | 54 | $ 8,296,000 | $ 153,000 | $ 85,000 |
| Benton County Minnesota | 51 | $ 6,207,000 | $ 121,000 | $ 74,000 |
| Carlton County Minnesota | 50 | $ 7,601,000 | $ 152,000 | $ 111,000 |
| Scott County Minnesota | 41 | $ 6,334,000 | $ 154,000 | $ 78,000 |
| Pine County Minnesota | 31 | $ 4,361,000 | $ 140,000 | $ 60,000 |
| Chisago County Minnesota | 30 | $ 4,366,000 | $ 145,000 | $ 95,000 |
| Norman County Minnesota | 30 | $ 2,222,000 | $ 74,000 | $ 96,000 |
| Hennepin County Minnesota | 29 | $ 5,838,000 | $ 201,000 | $ 108,000 |
| Renville County Minnesota | 28 | $ 2,550,000 | $ 91,000 | $ 66,000 |
| Cass County Minnesota | 25 | $ 8,510,000 | $ 340,000 | $ 163,000 |
| Marshall County Minnesota | 25 | $ 2,646,000 | $ 105,000 | $ 76,000 |
| Burnett County Wisconsin | 24 | $ 2,556,000 | $ 106,000 | $ 75,000 |
| Anoka County Minnesota | 18 | $ 2,882,000 | $ 160,000 | $ 75,000 |
| Isanti County Minnesota | 15 | $ 1,808,000 | $ 120,000 | $ 64,000 |
| Dakota County Minnesota | 14 | $ 2,077,000 | $ 148,000 | $ 77,000 |
| Morrison County Minnesota | 13 | $ 1,561,000 | $ 120,000 | $ 79,000 |
| Kanabec County Minnesota | 12 | $ 1,164,000 | $ 97,000 | $ 54,000 |
| Mille Lacs County Minnesota | 12 | $ 1,642,000 | $ 136,000 | $ 84,000 |
| Stearns County Minnesota | 10 | $ 1,382,000 | $ 138,000 | $ 255,000 |
| Becker County Minnesota | 9 | $ 2,068,000 | $ 229,000 | $ 217,000 |
| Hubbard County Minnesota | 8 | $ 1,364,000 | $ 170,000 | $ 160,000 |
| Ramsey County Minnesota | 8 | $ 1,652,000 | $ 206,000 | $ 539,000 |
| Waseca County Minnesota | 8 | $ 1,167,000 | $ 145,000 | $ 91,000 |
| Itasca County Minnesota | 7 | $ 1,050,000 | $ 150,000 | $ 84,000 |
| Kandiyohi County Minnesota | 7 | $ 1,432,000 | $ 204,000 | $ 525,000 |
| Sherburne County Minnesota | 7 | $ 1,266,000 | $ 180,000 | $ 223,000 |
| Sibley County Minnesota | 7 | $ 723,000 | $ 103,000 | $ 66,000 |
| Lake County Minnesota | 6 | $ 1,383,000 | $ 230,000 | $ 135,000 |
| Otter Tail County Minnesota | 6 | $ 1,342,000 | $ 223,000 | $ 211,000 |
| Washington County Minnesota | 6 | $ 1,199,000 | $ 199,000 | $ 133,000 |
| Beltrami County Minnesota | 5 | $ 1,383,000 | $ 276,000 | $ 277,000 |
| Carver County Minnesota | 5 | $ 1,491,000 | $ 298,000 | $ 156,000 |
| Clay County Minnesota | 5 | $ 439,000 | $ 87,000 | $ 77,000 |
| McLeod County Minnesota | 5 | $ 661,000 | $ 132,000 | $ 55,000 |
| St. Croix County Wisconsin | 5 | $ 487,000 | $ 97,000 | $ 75,000 |
| Aitkin County Minnesota | 4 | $ 954,000 | $ 238,000 | $ 245,000 |
| Barron County Wisconsin | 4 | $ 707,000 | $ 176,000 | $ 144,000 |
| Douglas County Wisconsin | 4 | $ 305,000 | $ 76,000 | $ 73,000 |
| Faribault County Minnesota | 3 | $ 175,000 | $ 58,000 | $ 56,000 |
| Goodhue County Minnesota | 3 | $ 442,000 | $ 147,000 | $ 43,000 |
| Pennington County Minnesota | 3 | $ 230,000 | $ 76,000 | $ 58,000 |
| Watonwan County Minnesota | 3 | $ 268,000 | $ 89,000 | $ 64,000 |
| Pembina County North Dakota | 3 | $ 266,000 | $ 88,000 | $ 46,000 |
| Traill County North Dakota | 3 | $ 250,000 | $ 83,000 | $ 96,000 |
| Walsh County North Dakota | 3 | $ 121,000 | $ 40,000 | $ 44,000 |
| Lee County Florida | 2 | $ 200,000 | $ 100,000 | $ 295,000 |
| Chippewa County Minnesota | 2 | $ 234,000 | $ 117,000 | $ 326,000 |
| Clearwater County Minnesota | 2 | $ 184,000 | $ 92,000 | $ 12,000 |
| Cook County Minnesota | 2 | $ 228,000 | $ 114,000 | $ 111,000 |
| Douglas County Minnesota | 2 | $ 446,000 | $ 223,000 | $ 139,000 |
| Mahnomen County Minnesota | 2 | $ 324,000 | $ 162,000 | $ 153,000 |
| Meeker County Minnesota | 2 | $ 179,000 | $ 89,000 | $ 98,000 |
| Redwood County Minnesota | 2 | $ 177,000 | $ 88,000 | $ 78,000 |
| Roseau County Minnesota | 2 | $ 212,000 | $ 106,000 | $ 45,000 |
| Steele County Minnesota | 2 | $ 550,000 | $ 275,000 | $ 207,000 |
| Todd County Minnesota | 2 | $ 67,000 | $ 33,000 | $ 46,000 |
| Wright County Minnesota | 2 | $ 564,000 | $ 282,000 | $ 107,000 |
| Sawyer County Wisconsin | 2 | $ 369,000 | $ 184,000 | $ 153,000 |
| Maricopa County Arizona | 1 | $ 230,000 | $ 230,000 | $ 220,000 |
| Mohave County Arizona | 1 | $ 150,000 | $ 150,000 | $ 664,000 |
| Riverside County California | 1 | $ 243,000 | $ 243,000 | $ 152,000 |
| Arapahoe County Colorado | 1 | $ 185,000 | $ 185,000 | $ 58,000 |
| Polk County Iowa | 1 | $ 75,000 | $ 75,000 | $ 9,000 |
| Ontonagon County Michigan | 1 | $ 172,000 | $ 172,000 | $ 67,000 |
| Big Stone County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 110,000 |
| Cottonwood County Minnesota | 1 | $ 124,000 | $ 124,000 | $ 34,000 |
| Freeborn County Minnesota | 1 | $ 278,000 | $ 278,000 | $ 137,000 |
| Koochiching County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 147,000 |
| Lyon County Minnesota | 1 | $ 57,000 | $ 57,000 | $ 83,000 |
| Martin County Minnesota | 1 | $ 206,000 | $ 206,000 | $ 143,000 |
| Pipestone County Minnesota | 1 | $ 190,000 | $ 190,000 | $ 49,000 |
| Red Lake County Minnesota | 1 | $ 147,000 | $ 147,000 | $ 82,000 |
| Yellow Medicine County Minnesota | 1 | $ 60,000 | $ 60,000 | $ 51,000 |
| Benson County North Dakota | 1 | $ 269,000 | $ 269,000 | $ 207,000 |
| Cass County North Dakota | 1 | $ 80,000 | $ 80,000 | $ 42,000 |
| Morton County North Dakota | 1 | $ 115,000 | $ 115,000 | $ 62,000 |
| Nelson County North Dakota | 1 | $ 127,000 | $ 127,000 | $ 91,000 |
| Ward County North Dakota | 1 | $ 52,000 | $ 52,000 | $ 84,000 |
Mortgage Loan Application Detail Totals for Frandsen Bank & Trust in 2012
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 | 1,335 | $191,179,000 | $143,000 | $1,507,000 | $90,000 | $3,600,000 |
| Home Purchase | 508 | $66,341,000 | $130,000 | $700,000 | $100,000 | $1,238,000 |
| Home Improvement | 79 | $6,030,000 | $76,000 | $400,000 | $80,000 | $428,000 |
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 | 1,834 | $249,021,000 | $135,000 | $1,507,000 | $92,000 | $3,600,000 |
| Not Provided | 46 | $6,262,000 | $136,000 | $615,000 | $163,000 | $1,238,000 |
| Not applicable | 22 | $5,805,000 | $263,000 | $1,188,000 | $0 | $0 |
| Hispanic | 9 | $1,252,000 | $139,000 | $650,000 | $84,000 | $352,000 |
| American Indian or Alaskan Native | 6 | $643,000 | $107,000 | $327,000 | $54,000 | $92,000 |
| Asian | 4 | $367,000 | $91,000 | $184,000 | $110,000 | $167,000 |
| Black or African American | 1 | $200,000 | $200,000 | $200,000 | $72,000 | $72,000 |
| 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) | 1,866 | $257,026,000 | $137,000 | $1,507,000 | $94,000 | $3,600,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 49 | $5,670,000 | $115,000 | $233,000 | $45,000 | $108,000 |
| VA-guaranteed (Veterans Administration) | 4 | $519,000 | $129,000 | $250,000 | $34,000 | $100,000 |
| FHA-insured (Federal Housing Administration) | 3 | $335,000 | $111,000 | $141,000 | $53,000 | $62,000 |
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 | 1,571 | $215,400,000 | $137,000 | $1,507,000 | $96,000 | $3,600,000 |
| Application Denied By Financial Institution | 178 | $22,061,000 | $123,000 | $650,000 | $63,000 | $352,000 |
| Application Withdrawn By Applicant | 101 | $14,515,000 | $143,000 | $615,000 | $84,000 | $517,000 |
| Application Approved But Not Accepted | 63 | $10,554,000 | $167,000 | $905,000 | $102,000 | $329,000 |
| Preapproval Denied by Financial Institution | 8 | $723,000 | $90,000 | $149,000 | $24,000 | $41,000 |
| File Closed For Incompleteness | 1 | $297,000 | $297,000 | $297,000 | $180,000 | $180,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $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 | 65 | $6,712,000 | $103,000 | $417,000 | $57,000 | $327,000 |
| Debt-To-Income Ratio | 65 | $8,024,000 | $123,000 | $324,000 | $50,000 | $144,000 |
| Collateral | 36 | $5,762,000 | $160,000 | $650,000 | $93,000 | $352,000 |
| Employment History | 8 | $711,000 | $88,000 | $160,000 | $43,000 | $65,000 |
| Other | 5 | $700,000 | $140,000 | $168,000 | $66,000 | $111,000 |
| Unverifiable Information | 1 | $25,000 | $25,000 | $25,000 | $42,000 | $42,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $99,000 | $99,000 | $99,000 | $34,000 | $34,000 |
| Mortgage Insurance Denied | 1 | $192,000 | $192,000 | $192,000 | $180,000 | $180,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Frandsen Bank & Trust's 2012 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.