Find mortgage loan statistics, lending data, and loan application totals for Minnesota.
The mortgage statistics and data below are specific to mortgage loan applications for Lakeland Mortgage Corporation.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
Mortgage Company & Address | Lakeland Mortgage Corporation 8300 Norman Center Drive Suite 240 Bloomington, MN 55437 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2009 2008 2007 2006 2005 2004 |
Total Number of Mortgage Applications | 2,249 |
Total Mortgage Loan Application Amount | $468,997,000 |
Average Mortgage Loan Application Amount | $200,500 |
Highest Mortgage Loan Application Amount | $1,000,000 |
Average Applicant Income | $87,000 |
Highest Applicant Income | $3,120,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MN, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
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 | 767 | $ 172,058,000 | $ 224,000 | $ 104,000 |
Dakota County Minnesota | 223 | $ 48,087,000 | $ 215,000 | $ 87,000 |
Ramsey County Minnesota | 193 | $ 39,561,000 | $ 204,000 | $ 88,000 |
Anoka County Minnesota | 164 | $ 31,025,000 | $ 189,000 | $ 75,000 |
Washington County Minnesota | 124 | $ 30,183,000 | $ 243,000 | $ 96,000 |
Scott County Minnesota | 121 | $ 27,842,000 | $ 230,000 | $ 89,000 |
St. Croix County Wisconsin | 101 | $ 17,861,000 | $ 176,000 | $ 68,000 |
Carver County Minnesota | 70 | $ 18,056,000 | $ 257,000 | $ 104,000 |
Wright County Minnesota | 52 | $ 10,659,000 | $ 204,000 | $ 75,000 |
Rice County Minnesota | 50 | $ 7,068,000 | $ 141,000 | $ 51,000 |
Itasca County Minnesota | 34 | $ 4,787,000 | $ 140,000 | $ 55,000 |
Pierce County Wisconsin | 31 | $ 5,719,000 | $ 184,000 | $ 67,000 |
Sherburne County Minnesota | 28 | $ 5,643,000 | $ 201,000 | $ 142,000 |
Polk County Wisconsin | 24 | $ 3,631,000 | $ 151,000 | $ 71,000 |
Aitkin County Minnesota | 21 | $ 3,776,000 | $ 179,000 | $ 77,000 |
St. Louis County Minnesota | 18 | $ 3,254,000 | $ 180,000 | $ 90,000 |
Cook County Minnesota | 13 | $ 2,531,000 | $ 194,000 | $ 82,000 |
Steele County Minnesota | 13 | $ 1,901,000 | $ 146,000 | $ 45,000 |
Cass County Minnesota | 11 | $ 1,922,000 | $ 174,000 | $ 109,000 |
Crow Wing County Minnesota | 11 | $ 3,126,000 | $ 284,000 | $ 216,000 |
Chisago County Minnesota | 10 | $ 2,166,000 | $ 216,000 | $ 96,000 |
Le Sueur County Minnesota | 10 | $ 1,429,000 | $ 142,000 | $ 45,000 |
Stearns County Minnesota | 10 | $ 1,780,000 | $ 178,000 | $ 81,000 |
Olmsted County Minnesota | 9 | $ 1,523,000 | $ 169,000 | $ 59,000 |
Goodhue County Minnesota | 8 | $ 1,137,000 | $ 142,000 | $ 55,000 |
Isanti County Minnesota | 8 | $ 1,316,000 | $ 164,000 | $ 53,000 |
Waseca County Minnesota | 7 | $ 815,000 | $ 116,000 | $ 47,000 |
Freeborn County Minnesota | 6 | $ 649,000 | $ 108,000 | $ 55,000 |
Hubbard County Minnesota | 6 | $ 1,140,000 | $ 190,000 | $ 56,000 |
Barron County Wisconsin | 6 | $ 891,000 | $ 148,000 | $ 124,000 |
Burnett County Wisconsin | 6 | $ 1,366,000 | $ 227,000 | $ 209,000 |
Dunn County Wisconsin | 6 | $ 796,000 | $ 132,000 | $ 54,000 |
Washburn County Wisconsin | 6 | $ 923,000 | $ 153,000 | $ 81,000 |
Bayfield County Wisconsin | 5 | $ 1,040,000 | $ 208,000 | $ 166,000 |
Chippewa County Wisconsin | 5 | $ 548,000 | $ 109,000 | $ 74,000 |
Carlton County Minnesota | 4 | $ 586,000 | $ 146,000 | $ 71,000 |
Otter Tail County Minnesota | 4 | $ 635,000 | $ 158,000 | $ 120,000 |
Eau Claire County Wisconsin | 4 | $ 516,000 | $ 129,000 | $ 74,000 |
Benton County Minnesota | 3 | $ 347,000 | $ 115,000 | $ 52,000 |
Kandiyohi County Minnesota | 3 | $ 693,000 | $ 231,000 | $ 142,000 |
Lake County Minnesota | 3 | $ 522,000 | $ 174,000 | $ 98,000 |
Meeker County Minnesota | 3 | $ 742,000 | $ 247,000 | $ 127,000 |
Mille Lacs County Minnesota | 3 | $ 932,000 | $ 310,000 | $ 83,000 |
Dane County Wisconsin | 3 | $ 752,000 | $ 250,000 | $ 82,000 |
Okaloosa County Florida | 2 | $ 534,000 | $ 267,000 | $ 68,000 |
Douglas County Minnesota | 2 | $ 430,000 | $ 215,000 | $ 161,000 |
Kanabec County Minnesota | 2 | $ 165,000 | $ 82,000 | $ 50,000 |
Lyon County Minnesota | 2 | $ 212,000 | $ 106,000 | $ 79,000 |
Morrison County Minnesota | 2 | $ 280,000 | $ 140,000 | $ 104,000 |
Pine County Minnesota | 2 | $ 303,000 | $ 151,000 | $ 116,000 |
Traverse County Minnesota | 2 | $ 229,000 | $ 114,000 | $ 52,000 |
Wabasha County Minnesota | 2 | $ 391,000 | $ 195,000 | $ 67,000 |
Douglas County Wisconsin | 2 | $ 381,000 | $ 190,000 | $ 100,000 |
Rock County Wisconsin | 2 | $ 275,000 | $ 137,000 | $ 85,000 |
Collier County Florida | 1 | $ 410,000 | $ 410,000 | $ 564,000 |
Lake County Florida | 1 | $ 210,000 | $ 210,000 | $ 0 |
Lee County Florida | 1 | $ 392,000 | $ 392,000 | $ 182,000 |
Manatee County Florida | 1 | $ 200,000 | $ 200,000 | $ 0 |
Miami-Dade County Florida | 1 | $ 183,000 | $ 183,000 | $ 66,000 |
Cook County Illinois | 1 | $ 225,000 | $ 225,000 | $ 70,000 |
Becker County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 40,000 |
Big Stone County Minnesota | 1 | $ 97,000 | $ 97,000 | $ 63,000 |
Blue Earth County Minnesota | 1 | $ 187,000 | $ 187,000 | $ 60,000 |
Brown County Minnesota | 1 | $ 71,000 | $ 71,000 | $ 34,000 |
Dodge County Minnesota | 1 | $ 249,000 | $ 249,000 | $ 45,000 |
Fillmore County Minnesota | 1 | $ 53,000 | $ 53,000 | $ 29,000 |
Mahnomen County Minnesota | 1 | $ 117,000 | $ 117,000 | $ 84,000 |
Nicollet County Minnesota | 1 | $ 133,000 | $ 133,000 | $ 42,000 |
Pope County Minnesota | 1 | $ 175,000 | $ 175,000 | $ 48,000 |
Renville County Minnesota | 1 | $ 61,000 | $ 61,000 | $ 18,000 |
Sibley County Minnesota | 1 | $ 124,000 | $ 124,000 | $ 96,000 |
Buffalo County Wisconsin | 1 | $ 111,000 | $ 111,000 | $ 34,000 |
Juneau County Wisconsin | 1 | $ 230,000 | $ 230,000 | $ 58,000 |
La Crosse County Wisconsin | 1 | $ 166,000 | $ 166,000 | $ 0 |
Manitowoc County Wisconsin | 1 | $ 131,000 | $ 131,000 | $ 0 |
Milwaukee County Wisconsin | 1 | $ 233,000 | $ 233,000 | $ 240,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Minnesota,
and search the same numbers and information back through 2003.
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 | 1,412 | $324,260,000 | $229,000 | $980,000 | $102,000 | $3,120,000 |
Home Purchase | 837 | $144,737,000 | $172,000 | $1,000,000 | $72,000 | $924,000 |
Home Improvement | 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 | 1,935 | $406,003,000 | $209,000 | $1,000,000 | $93,000 | $3,120,000 |
Not Provided | 136 | $28,946,000 | $212,000 | $600,000 | $89,000 | $888,000 |
Asian | 72 | $14,285,000 | $198,000 | $417,000 | $73,000 | $251,000 |
Black or African American | 50 | $7,842,000 | $156,000 | $301,000 | $50,000 | $121,000 |
Hispanic | 38 | $7,772,000 | $204,000 | $417,000 | $72,000 | $205,000 |
American Indian or Alaskan Native | 15 | $3,496,000 | $233,000 | $417,000 | $167,000 | $746,000 |
Native Hawaiian or Other Pacific Islander | 3 | $653,000 | $217,000 | $241,000 | $119,000 | $181,000 |
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) | 1,378 | $315,828,000 | $229,000 | $1,000,000 | $116,000 | $3,120,000 |
FHA-insured (Federal Housing Administration) | 678 | $124,002,000 | $182,000 | $375,000 | $53,000 | $216,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 146 | $19,125,000 | $130,000 | $260,000 | $47,000 | $94,000 |
VA-guaranteed (Veterans Administration) | 47 | $10,042,000 | $213,000 | $427,000 | $45,000 | $233,000 |
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 | 1,757 | $363,347,000 | $206,000 | $1,000,000 | $90,000 | $3,120,000 |
Application Withdrawn By Applicant | 394 | $84,818,000 | $215,000 | $980,000 | $96,000 | $1,778,000 |
Application Denied By Financial Institution | 93 | $20,000,000 | $215,000 | $600,000 | $89,000 | $888,000 |
Application Approved But Not Accepted | 5 | $832,000 | $166,000 | $249,000 | $56,000 | $86,000 |
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 |
---|---|---|---|---|---|---|
Collateral | 30 | $6,966,000 | $232,000 | $417,000 | $103,000 | $337,000 |
Credit History | 27 | $4,251,000 | $157,000 | $329,000 | $83,000 | $888,000 |
Debt-To-Income Ratio | 7 | $1,587,000 | $226,000 | $366,000 | $72,000 | $131,000 |
Other | 7 | $1,477,000 | $211,000 | $352,000 | $109,000 | $356,000 |
Employment History | 3 | $607,000 | $202,000 | $258,000 | $59,000 | $74,000 |
Unverifiable Information | 2 | $331,000 | $165,000 | $216,000 | $91,000 | $150,000 |
Credit Application Incomplete | 2 | $357,000 | $178,000 | $213,000 | $0 | $0 |
Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MN, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Minnesota, and search similar information at your convenience.