Lend Smart Mortgage, Llc
Mortgage Loan Application
Totals and Details
for 2018

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 Lend Smart Mortgage, Llc.
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 Lend Smart Mortgage, Llc
3450 Lexington Ave N
Shoreview, MN 55126
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  
Total Number of Mortgage Applications 2,395
Total Mortgage Loan Application Amount $490,155,000
Average Mortgage Loan Application Amount $207,666
Highest Mortgage Loan Application Amount $1,005,000
Average Applicant Income $83,000
Highest Applicant Income $783,000

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.

Mortgage Loan Application Totals for Lend Smart Mortgage, Llc by Metropolitan Area in 2018

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 738 $ 171,220,000 $ 238,000 $ 94,500
PHOENIX-MESA-SCOTTSDALE, AZ 405 $ 92,125,000 $ 227,000 $ 83,000
NA (OUTSIDE OF MSA/MD) 352 $ 53,920,000 $ 172,571 $ 76,642
RAPID CITY, SD 327 $ 67,735,000 $ 207,000 $ 71,000
CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL 146 $ 32,160,000 $ 220,000 $ 70,000
DULUTH, MN-WI 142 $ 22,410,000 $ 146,500 $ 55,500
TUCSON, AZ 38 $ 6,620,000 $ 174,000 $ 59,000
NORTH PORT-SARASOTA-BRADENTON, FL 25 $ 6,825,000 $ 273,000 $ 95,000
SIOUX CITY, IA-NE-SD 13 $ 1,705,000 $ 151,000 $ 68,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 11 $ 1,875,000 $ 170,000 $ 54,000
ST. CLOUD, MN 11 $ 1,765,000 $ 160,000 $ 69,000
MADISON, WI 10 $ 1,400,000 $ 140,000 $ 51,000
MANKATO-NORTH MANKATO, MN 9 $ 1,505,000 $ 167,000 $ 56,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 9 $ 1,855,000 $ 206,000 $ 71,000
SIOUX FALLS, SD 6 $ 1,130,000 $ 188,000 $ 69,000
DES MOINES-WEST DES MOINES, IA 5 $ 925,000 $ 185,000 $ 63,000
DENVER-AURORA-LAKEWOOD, CO 4 $ 1,500,000 $ 375,000 $ 137,000
FLAGSTAFF, AZ 4 $ 810,000 $ 202,000 $ 99,000
ROCHESTER, MN 4 $ 640,000 $ 160,000 $ 56,000
EAU CLAIRE, WI 3 $ 315,000 $ 105,000 $ 33,000
FARGO, ND-MN 3 $ 545,000 $ 192,500 $ 79,000
PRESCOTT, AZ 3 $ 575,000 $ 191,000 $ 119,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 3 $ 1,085,000 $ 361,000 $ 213,000
SIERRA VISTA-DOUGLAS, AZ 3 $ 285,000 $ 95,000 $ 40,000
FAYETTEVILLE, NC 2 $ 200,000 $ 100,000 $ 45,000
JACKSONVILLE, FL 2 $ 410,000 $ 205,000 $ 73,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 2 $ 210,000 $ 105,000 $ 67,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 2 $ 630,000 $ 315,000 $ 262,000
ORLANDO-KISSIMMEE-SANFORD, FL 2 $ 310,000 $ 155,000 $ 55,000
SAN DIEGO-CARLSBAD, CA 2 $ 1,140,000 $ 570,000 $ 154,000
ALBUQUERQUE, NM 1 $ 145,000 $ 145,000 $ 24,000
BISMARCK, ND 1 $ 325,000 $ 325,000 $ 61,000
CHAMPAIGN-URBANA, IL 1 $ 165,000 $ 165,000 $ 252,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 1 $ 285,000 $ 285,000 $ 106,000
ELGIN, IL 1 $ 135,000 $ 135,000 $ 49,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 1 $ 75,000 $ 75,000 $ 35,000
GRAND FORKS, ND-MN 1 $ 195,000 $ 195,000 $ 51,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 1 $ 185,000 $ 185,000 $ 80,000
LAKE HAVASU CITY-KINGMAN, AZ 1 $ 185,000 $ 185,000 $ 42,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 1 $ 525,000 $ 525,000 $ 101,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 1 $ 315,000 $ 315,000 $ 126,000
OCALA, FL 1 $ 165,000 $ 165,000 $ 52,000
OMAHA-COUNCIL BLUFFS, NE-IA 1 $ 215,000 $ 215,000 $ 75,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 1 $ 115,000 $ 115,000 $ 67,000
PUNTA GORDA, FL 1 $ 125,000 $ 125,000 $ 97,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 1 $ 395,000 $ 395,000 $ 90,000
YUMA, AZ 1 $ 195,000 $ 195,000 $ 70,000

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.

Mortgage Loan Application Detail Totals for Lend Smart Mortgage, Llc in 2018

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 1,925 $391,285,000 $203,000 $1,005,000 $73,000 $660,000
Cash-out Refinancing 274 $56,930,000 $207,000 $775,000 $89,000 $783,000
Refinancing 196 $41,940,000 $213,000 $565,000 $87,000 $773,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 1,816 $373,180,000 $205,000 $1,005,000 $80,000 $783,000
Hispanic 300 $58,200,000 $194,000 $445,000 $61,000 $235,000
Black or African American 114 $23,390,000 $205,000 $455,000 $66,000 $191,000
Asian 69 $13,925,000 $201,000 $405,000 $68,000 $173,000
Not Provided 66 $13,730,000 $208,000 $445,000 $82,000 $373,000
American Indian or Alaskan Native 22 $5,190,000 $235,000 $635,000 $87,000 $307,000
Native Hawaiian or Other Pacific Islander 5 $1,765,000 $353,000 $775,000 $86,000 $127,000
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) 1,255 $274,715,000 $218,000 $1,005,000 $87,000 $783,000
FHA-insured (Federal Housing Administration) 653 $123,885,000 $189,000 $635,000 $63,000 $225,000
VA-guaranteed (Veterans Administration) 249 $59,105,000 $237,000 $775,000 $81,000 $632,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 238 $32,450,000 $136,000 $325,000 $51,000 $150,000

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 1,886 $387,500,000 $205,000 $675,000 $76,000 $783,000
Application Denied By Financial Institution 309 $55,415,000 $179,000 $615,000 $66,000 $632,000
Application Withdrawn By Applicant 189 $44,795,000 $237,000 $1,005,000 $99,000 $445,000
File Closed For Incompleteness 4 $940,000 $235,000 $325,000 $112,000 $147,000
Application Approved But Not Accepted 4 $870,000 $217,000 $265,000 $70,000 $87,000
Preapproval Denied by Financial Institution 3 $635,000 $211,000 $315,000 $52,000 $67,000
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
Not applicable 2,083 $434,105,000 $208,000 $1,005,000 $78,000 $783,000
Credit History 89 $13,805,000 $155,000 $435,000 $58,000 $247,000
Other 86 $16,800,000 $195,000 $615,000 $80,000 $632,000
Debt-To-Income Ratio 76 $13,770,000 $181,000 $455,000 $59,000 $211,000
Collateral 29 $5,285,000 $182,000 $565,000 $68,000 $204,000
Insufficient Cash (Downpayment, Closing Cost) 14 $2,800,000 $200,000 $285,000 $55,000 $106,000
Employment History 10 $1,920,000 $192,000 $315,000 $50,000 $122,000
Unverifiable Information 7 $1,445,000 $206,000 $365,000 $72,000 $160,000
Credit Application Incomplete 1 $225,000 $225,000 $225,000 $155,000 $155,000
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.

Download the Minnesota Lender List