Lendsource Inc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2008
Lendsource Inc 2008 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 | Lendsource Inc 12701 Whitewater Dr Ste 340 Minnetonka, MN 55343 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 324 |
| Total Mortgage Loan Application Amount | $59,238,000 |
| Average Mortgage Loan Application Amount | $182,500 |
| Highest Mortgage Loan Application Amount | $599,000 |
| Average Applicant Income | $71,000 |
| Highest Applicant Income | $955,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2008 with Lendsource Inc. 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 Lendsource Inc's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2008 breaks down Lendsource Inc'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 Lendsource Inc serves its applicants.
Each category highlights the total number of mortgage applications processed by Lendsource Inc, 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 Lendsource Inc's mortgage activity for 2008.
| 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 | 32 | $ 7,429,000 | $ 232,000 | $ 72,000 |
| Anoka County Minnesota | 21 | $ 4,605,000 | $ 219,000 | $ 68,000 |
| Milwaukee County Wisconsin | 18 | $ 2,339,000 | $ 129,000 | $ 63,000 |
| Johnson County Indiana | 12 | $ 1,507,000 | $ 125,000 | $ 49,000 |
| Dakota County Minnesota | 10 | $ 2,162,000 | $ 216,000 | $ 80,000 |
| Miami-Dade County Florida | 9 | $ 1,648,000 | $ 183,000 | $ 63,000 |
| Washington County Minnesota | 9 | $ 1,914,000 | $ 212,000 | $ 74,000 |
| Scott County Minnesota | 8 | $ 1,765,000 | $ 220,000 | $ 73,000 |
| Broward County Florida | 7 | $ 1,705,000 | $ 243,000 | $ 59,000 |
| Pinellas County Florida | 7 | $ 905,000 | $ 129,000 | $ 62,000 |
| Sherburne County Minnesota | 7 | $ 1,094,000 | $ 156,000 | $ 47,000 |
| Stearns County Minnesota | 7 | $ 1,081,000 | $ 154,000 | $ 47,000 |
| Ramsey County Minnesota | 6 | $ 1,223,000 | $ 203,000 | $ 70,000 |
| Hillsborough County Florida | 5 | $ 824,000 | $ 164,000 | $ 44,000 |
| Wright County Minnesota | 5 | $ 1,215,000 | $ 243,000 | $ 45,000 |
| Duval County Florida | 4 | $ 647,000 | $ 161,000 | $ 46,000 |
| Palm Beach County Florida | 4 | $ 960,000 | $ 240,000 | $ 103,000 |
| Hancock County Indiana | 4 | $ 747,000 | $ 186,000 | $ 66,000 |
| Hendricks County Indiana | 4 | $ 546,000 | $ 136,000 | $ 42,000 |
| Mower County Minnesota | 4 | $ 466,000 | $ 116,000 | $ 47,000 |
| Maricopa County Arizona | 3 | $ 762,000 | $ 254,000 | $ 53,000 |
| Marion County Florida | 3 | $ 508,000 | $ 169,000 | $ 50,000 |
| Orange County Florida | 3 | $ 1,009,000 | $ 336,000 | $ 91,000 |
| Volusia County Florida | 3 | $ 541,000 | $ 180,000 | $ 55,000 |
| Hamilton County Indiana | 3 | $ 1,073,000 | $ 357,000 | $ 167,000 |
| Marion County Indiana | 3 | $ 252,000 | $ 84,000 | $ 32,000 |
| Wayne County Michigan | 3 | $ 345,000 | $ 115,000 | $ 52,000 |
| Mille Lacs County Minnesota | 3 | $ 443,000 | $ 147,000 | $ 44,000 |
| Wadena County Minnesota | 3 | $ 144,000 | $ 48,000 | $ 24,000 |
| Walworth County Wisconsin | 3 | $ 661,000 | $ 220,000 | $ 47,000 |
| Waukesha County Wisconsin | 3 | $ 693,000 | $ 231,000 | $ 61,000 |
| Jefferson County Colorado | 2 | $ 476,000 | $ 238,000 | $ 138,000 |
| Macomb County Michigan | 2 | $ 555,000 | $ 277,000 | $ 81,000 |
| Carver County Minnesota | 2 | $ 439,000 | $ 219,000 | $ 56,000 |
| Cass County Minnesota | 2 | $ 403,000 | $ 201,000 | $ 85,000 |
| Chisago County Minnesota | 2 | $ 273,000 | $ 136,000 | $ 109,000 |
| Crow Wing County Minnesota | 2 | $ 244,000 | $ 122,000 | $ 32,000 |
| Goodhue County Minnesota | 2 | $ 247,000 | $ 123,000 | $ 45,000 |
| Olmsted County Minnesota | 2 | $ 492,000 | $ 246,000 | $ 493,000 |
| Rice County Minnesota | 2 | $ 384,000 | $ 192,000 | $ 65,000 |
| Winona County Minnesota | 2 | $ 222,000 | $ 111,000 | $ 42,000 |
| Williams County North Dakota | 2 | $ 206,000 | $ 103,000 | $ 42,000 |
| Dane County Wisconsin | 2 | $ 265,000 | $ 132,000 | $ 44,000 |
| Kenosha County Wisconsin | 2 | $ 660,000 | $ 330,000 | $ 45,000 |
| Ozaukee County Wisconsin | 2 | $ 537,000 | $ 268,000 | $ 71,000 |
| Portage County Wisconsin | 2 | $ 239,000 | $ 119,000 | $ 54,000 |
| Racine County Wisconsin | 2 | $ 180,000 | $ 90,000 | $ 40,000 |
| Rock County Wisconsin | 2 | $ 327,000 | $ 163,000 | $ 59,000 |
| Shawano County Wisconsin | 2 | $ 201,000 | $ 100,000 | $ 34,000 |
| St. Croix County Wisconsin | 2 | $ 477,000 | $ 238,000 | $ 46,000 |
| Arapahoe County Colorado | 1 | $ 112,000 | $ 112,000 | $ 88,000 |
| El Paso County Colorado | 1 | $ 440,000 | $ 440,000 | $ 159,000 |
| Larimer County Colorado | 1 | $ 417,000 | $ 417,000 | $ 243,000 |
| Lincoln County Colorado | 1 | $ 90,000 | $ 90,000 | $ 43,000 |
| Pueblo County Colorado | 1 | $ 135,000 | $ 135,000 | $ 49,000 |
| Lake County Florida | 1 | $ 295,000 | $ 295,000 | $ 58,000 |
| Martin County Florida | 1 | $ 195,000 | $ 195,000 | $ 50,000 |
| St. Lucie County Florida | 1 | $ 417,000 | $ 417,000 | $ 355,000 |
| Wakulla County Florida | 1 | $ 132,000 | $ 132,000 | $ 40,000 |
| Walton County Florida | 1 | $ 216,000 | $ 216,000 | $ 68,000 |
| Bartholomew County Indiana | 1 | $ 107,000 | $ 107,000 | $ 52,000 |
| Clinton County Indiana | 1 | $ 155,000 | $ 155,000 | $ 114,000 |
| Madison County Indiana | 1 | $ 78,000 | $ 78,000 | $ 53,000 |
| Morgan County Indiana | 1 | $ 153,000 | $ 153,000 | $ 80,000 |
| Putnam County Indiana | 1 | $ 92,000 | $ 92,000 | $ 46,000 |
| Dallas County Iowa | 1 | $ 78,000 | $ 78,000 | $ 27,000 |
| Dubuque County Iowa | 1 | $ 200,000 | $ 200,000 | $ 160,000 |
| Guthrie County Iowa | 1 | $ 122,000 | $ 122,000 | $ 160,000 |
| Linn County Iowa | 1 | $ 192,000 | $ 192,000 | $ 98,000 |
| Lyon County Iowa | 1 | $ 105,000 | $ 105,000 | $ 68,000 |
| Polk County Iowa | 1 | $ 410,000 | $ 410,000 | $ 113,000 |
| Scott County Iowa | 1 | $ 168,000 | $ 168,000 | $ 53,000 |
| Story County Iowa | 1 | $ 185,000 | $ 185,000 | $ 65,000 |
| Jefferson County Kentucky | 1 | $ 252,000 | $ 252,000 | $ 117,000 |
| Owen County Kentucky | 1 | $ 54,000 | $ 54,000 | $ 37,000 |
| Powell County Kentucky | 1 | $ 135,000 | $ 135,000 | $ 28,000 |
| Charlevoix County Michigan | 1 | $ 92,000 | $ 92,000 | $ 68,000 |
| Oakland County Michigan | 1 | $ 405,000 | $ 405,000 | $ 138,000 |
| Benton County Minnesota | 1 | $ 50,000 | $ 50,000 | $ 41,000 |
| Carlton County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 37,000 |
| Clay County Minnesota | 1 | $ 220,000 | $ 220,000 | $ 98,000 |
| Cottonwood County Minnesota | 1 | $ 187,000 | $ 187,000 | $ 103,000 |
| Douglas County Minnesota | 1 | $ 240,000 | $ 240,000 | $ 41,000 |
| Freeborn County Minnesota | 1 | $ 86,000 | $ 86,000 | $ 49,000 |
| Hubbard County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 77,000 |
| Isanti County Minnesota | 1 | $ 154,000 | $ 154,000 | $ 31,000 |
| Kanabec County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 60,000 |
| Kandiyohi County Minnesota | 1 | $ 152,000 | $ 152,000 | $ 70,000 |
| Martin County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 32,000 |
| McLeod County Minnesota | 1 | $ 118,000 | $ 118,000 | $ 39,000 |
| Morrison County Minnesota | 1 | $ 148,000 | $ 148,000 | $ 62,000 |
| Norman County Minnesota | 1 | $ 66,000 | $ 66,000 | $ 94,000 |
| Otter Tail County Minnesota | 1 | $ 87,000 | $ 87,000 | $ 30,000 |
| Pennington County Minnesota | 1 | $ 82,000 | $ 82,000 | $ 35,000 |
| Polk County Minnesota | 1 | $ 106,000 | $ 106,000 | $ 68,000 |
| Redwood County Minnesota | 1 | $ 80,000 | $ 80,000 | $ 21,000 |
| St. Louis County Minnesota | 1 | $ 98,000 | $ 98,000 | $ 20,000 |
| Clark County Nevada | 1 | $ 127,000 | $ 127,000 | $ 32,000 |
| Pasquotank County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 72,000 |
| Barnes County North Dakota | 1 | $ 97,000 | $ 97,000 | $ 32,000 |
| Burleigh County North Dakota | 1 | $ 135,000 | $ 135,000 | $ 50,000 |
| Stark County North Dakota | 1 | $ 160,000 | $ 160,000 | $ 32,000 |
| Fairfield County Ohio | 1 | $ 200,000 | $ 200,000 | $ 93,000 |
| Kane County Utah | 1 | $ 210,000 | $ 210,000 | $ 36,000 |
| Brown County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 113,000 |
| Buffalo County Wisconsin | 1 | $ 62,000 | $ 62,000 | $ 17,000 |
| Columbia County Wisconsin | 1 | $ 78,000 | $ 78,000 | $ 26,000 |
| Eau Claire County Wisconsin | 1 | $ 147,000 | $ 147,000 | $ 48,000 |
| Fond du Lac County Wisconsin | 1 | $ 110,000 | $ 110,000 | $ 36,000 |
| Green Lake County Wisconsin | 1 | $ 106,000 | $ 106,000 | $ 72,000 |
| Jefferson County Wisconsin | 1 | $ 133,000 | $ 133,000 | $ 36,000 |
| Juneau County Wisconsin | 1 | $ 224,000 | $ 224,000 | $ 75,000 |
| Manitowoc County Wisconsin | 1 | $ 84,000 | $ 84,000 | $ 34,000 |
| Marathon County Wisconsin | 1 | $ 167,000 | $ 167,000 | $ 34,000 |
| Monroe County Wisconsin | 1 | $ 243,000 | $ 243,000 | $ 140,000 |
| Pierce County Wisconsin | 1 | $ 130,000 | $ 130,000 | $ 66,000 |
| Price County Wisconsin | 1 | $ 120,000 | $ 120,000 | $ 61,000 |
| Vilas County Wisconsin | 1 | $ 106,000 | $ 106,000 | $ 23,000 |
| Washburn County Wisconsin | 1 | $ 417,000 | $ 417,000 | $ 344,000 |
| Waupaca County Wisconsin | 1 | $ 96,000 | $ 96,000 | $ 83,000 |
Mortgage Loan Application Detail Totals for Lendsource Inc in 2008
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 | 249 | $45,447,000 | $182,000 | $442,000 | $65,000 | $344,000 |
| Home Purchase | 75 | $13,791,000 | $183,000 | $599,000 | $77,000 | $955,000 |
| 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 | 205 | $35,776,000 | $174,000 | $599,000 | $70,000 | $955,000 |
| Black or African American | 47 | $9,070,000 | $192,000 | $417,000 | $59,000 | $170,000 |
| Not Provided | 38 | $7,482,000 | $196,000 | $410,000 | $62,000 | $160,000 |
| Hispanic | 28 | $5,670,000 | $202,000 | $442,000 | $74,000 | $355,000 |
| Asian | 5 | $1,057,000 | $211,000 | $416,000 | $56,000 | $105,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $183,000 | $183,000 | $183,000 | $57,000 | $57,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 203 | $40,136,000 | $197,000 | $599,000 | $77,000 | $955,000 |
| FHA-insured (Federal Housing Administration) | 121 | $19,102,000 | $157,000 | $330,000 | $52,000 | $127,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 129 | $24,424,000 | $189,000 | $417,000 | $64,000 | $355,000 |
| Application Approved But Not Accepted | 108 | $19,033,000 | $176,000 | $440,000 | $65,000 | $325,000 |
| Loan Originated | 46 | $7,503,000 | $163,000 | $417,000 | $65,000 | $170,000 |
| File Closed For Incompleteness | 30 | $6,651,000 | $221,000 | $599,000 | $98,000 | $955,000 |
| Application Withdrawn By Applicant | 11 | $1,627,000 | $147,000 | $217,000 | $69,000 | $160,000 |
| 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 | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 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 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Lendsource Inc's 2008 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 Lendsource Inc'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.