Mill City Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2005
Mill City Credit Union 2005 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 | Mill City Credit Union 9999 Wayzata Boulevard Minnetonka, MN 55305 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 322 |
| Total Mortgage Loan Application Amount | $46,821,000 |
| Average Mortgage Loan Application Amount | $144,686 |
| Highest Mortgage Loan Application Amount | $626,000 |
| Average Applicant Income | $80,019 |
| Highest Applicant Income | $374,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2005 with Mill City Credit Union. 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 Mill City Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2005 breaks down Mill City Credit Union'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 Mill City Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Mill City Credit Union, 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 Mill City Credit Union's mortgage activity for 2005.
| 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 | 90 | $ 12,818,000 | $ 142,000 | $ 102,000 |
| Linn County Iowa | 16 | $ 1,344,000 | $ 84,000 | $ 102,000 |
| Anoka County Minnesota | 14 | $ 2,263,000 | $ 161,000 | $ 79,000 |
| Wright County Minnesota | 10 | $ 951,000 | $ 95,000 | $ 82,000 |
| Miami-Dade County Florida | 9 | $ 1,702,000 | $ 189,000 | $ 92,000 |
| Marion County Missouri | 9 | $ 647,000 | $ 71,000 | $ 41,000 |
| Winnebago County Illinois | 5 | $ 454,000 | $ 90,000 | $ 64,000 |
| Broward County Florida | 4 | $ 1,022,000 | $ 255,000 | $ 158,000 |
| Boone County Illinois | 4 | $ 389,000 | $ 97,000 | $ 76,000 |
| Cook County Illinois | 4 | $ 780,000 | $ 195,000 | $ 106,000 |
| Osceola County Michigan | 4 | $ 265,000 | $ 66,000 | $ 45,000 |
| Ramsey County Minnesota | 4 | $ 334,000 | $ 83,000 | $ 88,000 |
| Gloucester County New Jersey | 4 | $ 513,000 | $ 128,000 | $ 74,000 |
| Bernalillo County New Mexico | 4 | $ 635,000 | $ 158,000 | $ 82,000 |
| Maricopa County Arizona | 3 | $ 659,000 | $ 219,000 | $ 136,000 |
| Newton County Georgia | 3 | $ 302,000 | $ 100,000 | $ 88,000 |
| Carver County Minnesota | 3 | $ 358,000 | $ 119,000 | $ 70,000 |
| Bucks County Pennsylvania | 3 | $ 625,000 | $ 208,000 | $ 86,000 |
| Philadelphia County Pennsylvania | 3 | $ 850,000 | $ 283,000 | $ 110,000 |
| Washington County Arkansas | 2 | $ 72,000 | $ 36,000 | $ 58,000 |
| Los Angeles County California | 2 | $ 341,000 | $ 170,000 | $ 80,000 |
| San Joaquin County California | 2 | $ 626,000 | $ 313,000 | $ 78,000 |
| DeKalb County Georgia | 2 | $ 334,000 | $ 167,000 | $ 49,000 |
| Johnson County Kansas | 2 | $ 179,000 | $ 89,000 | $ 58,000 |
| Mecosta County Michigan | 2 | $ 258,000 | $ 129,000 | $ 52,000 |
| Crow Wing County Minnesota | 2 | $ 255,000 | $ 127,000 | $ 102,000 |
| Dakota County Minnesota | 2 | $ 115,000 | $ 57,000 | $ 97,000 |
| Scott County Minnesota | 2 | $ 73,000 | $ 36,000 | $ 65,000 |
| Sherburne County Minnesota | 2 | $ 160,000 | $ 80,000 | $ 57,000 |
| Jackson County Missouri | 2 | $ 296,000 | $ 148,000 | $ 68,000 |
| Cascade County Montana | 2 | $ 181,000 | $ 90,000 | $ 68,000 |
| Erie County New York | 2 | $ 344,000 | $ 172,000 | $ 81,000 |
| Jackson County Ohio | 2 | $ 323,000 | $ 161,000 | $ 62,000 |
| Rutherford County Tennessee | 2 | $ 365,000 | $ 182,000 | $ 109,000 |
| Milwaukee County Wisconsin | 2 | $ 334,000 | $ 167,000 | $ 74,000 |
| Montgomery County Alabama | 1 | $ 25,000 | $ 25,000 | $ 39,000 |
| Contra Costa County California | 1 | $ 304,000 | $ 304,000 | $ 68,000 |
| Sacramento County California | 1 | $ 312,000 | $ 312,000 | $ 74,000 |
| Bibb County Georgia | 1 | $ 43,000 | $ 43,000 | $ 61,000 |
| Fulton County Georgia | 1 | $ 230,000 | $ 230,000 | $ 83,000 |
| Rockdale County Georgia | 1 | $ 114,000 | $ 114,000 | $ 60,000 |
| Walton County Georgia | 1 | $ 75,000 | $ 75,000 | $ 107,000 |
| Kane County Illinois | 1 | $ 20,000 | $ 20,000 | $ 46,000 |
| Lee County Illinois | 1 | $ 90,000 | $ 90,000 | $ 73,000 |
| Pike County Illinois | 1 | $ 14,000 | $ 14,000 | $ 39,000 |
| Will County Illinois | 1 | $ 190,000 | $ 190,000 | $ 149,000 |
| Benton County Iowa | 1 | $ 136,000 | $ 136,000 | $ 98,000 |
| Wyandotte County Kansas | 1 | $ 102,000 | $ 102,000 | $ 85,000 |
| Garrard County Kentucky | 1 | $ 221,000 | $ 221,000 | $ 98,000 |
| Jessamine County Kentucky | 1 | $ 180,000 | $ 180,000 | $ 60,000 |
| Howard County Maryland | 1 | $ 99,000 | $ 99,000 | $ 43,000 |
| Essex County Massachusetts | 1 | $ 240,000 | $ 240,000 | $ 60,000 |
| Plymouth County Massachusetts | 1 | $ 275,000 | $ 275,000 | $ 41,000 |
| Ingham County Michigan | 1 | $ 123,000 | $ 123,000 | $ 57,000 |
| Kent County Michigan | 1 | $ 139,000 | $ 139,000 | $ 71,000 |
| Washtenaw County Michigan | 1 | $ 140,000 | $ 140,000 | $ 108,000 |
| Wexford County Michigan | 1 | $ 82,000 | $ 82,000 | $ 32,000 |
| Aitkin County Minnesota | 1 | $ 21,000 | $ 21,000 | $ 50,000 |
| Chisago County Minnesota | 1 | $ 50,000 | $ 50,000 | $ 87,000 |
| Meeker County Minnesota | 1 | $ 60,000 | $ 60,000 | $ 62,000 |
| Todd County Minnesota | 1 | $ 283,000 | $ 283,000 | $ 100,000 |
| Lewis County Missouri | 1 | $ 83,000 | $ 83,000 | $ 38,000 |
| Newton County Missouri | 1 | $ 26,000 | $ 26,000 | $ 35,000 |
| Ralls County Missouri | 1 | $ 18,000 | $ 18,000 | $ 55,000 |
| Shelby County Missouri | 1 | $ 100,000 | $ 100,000 | $ 44,000 |
| Merrimack County New Hampshire | 1 | $ 180,000 | $ 180,000 | $ 100,000 |
| Rockingham County New Hampshire | 1 | $ 40,000 | $ 40,000 | $ 80,000 |
| Sandoval County New Mexico | 1 | $ 153,000 | $ 153,000 | $ 73,000 |
| Santa Fe County New Mexico | 1 | $ 58,000 | $ 58,000 | $ 123,000 |
| Valencia County New Mexico | 1 | $ 180,000 | $ 180,000 | $ 45,000 |
| Suffolk County New York | 1 | $ 379,000 | $ 379,000 | $ 117,000 |
| Buncombe County North Carolina | 1 | $ 157,000 | $ 157,000 | $ 59,000 |
| Pitt County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 145,000 |
| Watauga County North Carolina | 1 | $ 350,000 | $ 350,000 | $ 374,000 |
| Clermont County Ohio | 1 | $ 158,000 | $ 158,000 | $ 61,000 |
| Delaware County Ohio | 1 | $ 134,000 | $ 134,000 | $ 81,000 |
| Hamilton County Ohio | 1 | $ 227,000 | $ 227,000 | $ 79,000 |
| Marion County Ohio | 1 | $ 192,000 | $ 192,000 | $ 67,000 |
| Rogers County Oklahoma | 1 | $ 156,000 | $ 156,000 | $ 35,000 |
| Jackson County Oregon | 1 | $ 104,000 | $ 104,000 | $ 75,000 |
| Montgomery County Pennsylvania | 1 | $ 197,000 | $ 197,000 | $ 71,000 |
| Pierce County Wisconsin | 1 | $ 13,000 | $ 13,000 | $ 138,000 |
Mortgage Loan Application Detail Totals for Mill City Credit Union in 2005
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 | 171 | $32,245,000 | $174,448 | $534,000 | $76,241 | $374,000 |
| Refinancing | 127 | $13,773,000 | $132,625 | $626,000 | $91,250 | $308,000 |
| Home Improvement | 24 | $803,000 | $33,000 | $110,000 | $68,333 | $175,000 |
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 | 149 | $20,162,000 | $171,300 | $450,000 | $75,900 | $241,000 |
| Not Provided | 121 | $16,473,000 | $143,120 | $500,000 | $85,080 | $288,000 |
| Hispanic | 20 | $3,662,000 | $193,333 | $405,000 | $108,888 | $374,000 |
| Black or African American | 18 | $3,025,000 | $156,400 | $334,000 | $83,300 | $308,000 |
| Asian | 11 | $3,143,000 | $333,000 | $626,000 | $101,000 | $148,000 |
| American Indian or Alaskan Native | 2 | $206,000 | $103,000 | $110,000 | $33,500 | $42,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $150,000 | $150,000 | $150,000 | $28,000 | $28,000 |
| 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) | 322 | $46,821,000 | $155,400 | $626,000 | $78,633 | $374,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 166 | $18,562,000 | $132,875 | $534,000 | $78,791 | $288,000 |
| File Closed For Incompleteness | 60 | $10,915,000 | $190,058 | $379,000 | $93,176 | $374,000 |
| Application Approved But Not Accepted | 35 | $6,670,000 | $190,071 | $405,000 | $102,785 | $200,000 |
| Application Denied By Financial Institution | 26 | $4,225,000 | $159,928 | $626,000 | $73,642 | $149,000 |
| Preapproval Approved but not Accepted | 14 | $3,491,000 | $249,000 | $450,000 | $81,000 | $165,000 |
| Preapproval Denied by Financial Institution | 11 | $1,345,000 | $122,000 | $228,000 | $67,000 | $185,000 |
| Application Withdrawn By Applicant | 10 | $1,613,000 | $165,250 | $270,000 | $67,250 | $138,000 |
| 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 | 24 | $3,957,000 | $153,727 | $626,000 | $71,000 | $146,000 |
| Debt-To-Income Ratio | 5 | $774,000 | $189,333 | $275,000 | $88,000 | $185,000 |
| Collateral | 5 | $506,000 | $104,250 | $129,000 | $81,000 | $135,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $97,000 | $97,000 | $97,000 | $35,000 | $35,000 |
| Other | 1 | $100,000 | $100,000 | $100,000 | $35,000 | $35,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mill City Credit Union's 2005 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 Mill City Credit Union'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.