Marketplace Home Mortgage, Llc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016

Marketplace Home Mortgage, Llc 2016 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 Marketplace Home Mortgage, Llc
7380 France Ave S, Ste 200
Edina, MN 55435
Tel #: available with data download
Federal Regulator * available with data download
Years 2017  2016  2015  2014  2013  2011  2010  2009  2008  
Total Number of Mortgage Applications 5,123
Total Mortgage Loan Application Amount $1,101,803,000
Average Mortgage Loan Application Amount $219,500
Highest Mortgage Loan Application Amount $3,000,000
Average Applicant Income $99,000
Highest Applicant Income $2,170,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2016 with Marketplace Home Mortgage, Llc. 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 Marketplace Home Mortgage, Llc's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2016 breaks down Marketplace Home Mortgage, Llc'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 Marketplace Home Mortgage, Llc serves its applicants.

Each category highlights the total number of mortgage applications processed by Marketplace Home Mortgage, Llc, 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 Marketplace Home Mortgage, Llc's mortgage activity for 2016.

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Mortgage Loan Application Detail Totals for Marketplace Home Mortgage, Llc in 2016

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 3,763 $786,287,000 $208,000 $2,550,000 $89,000 $2,170,000
Refinancing 1,360 $315,516,000 $231,000 $3,000,000 $109,000 $1,596,000
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 4,379 $944,108,000 $215,000 $3,000,000 $97,000 $2,170,000
Hispanic 270 $57,704,000 $213,000 $456,000 $73,000 $336,000
Asian 239 $54,154,000 $226,000 $2,483,000 $82,000 $632,000
Black or African American 163 $28,841,000 $176,000 $431,000 $66,000 $916,000
Not Provided 53 $12,554,000 $236,000 $440,000 $107,000 $600,000
American Indian or Alaskan Native 12 $3,032,000 $252,000 $500,000 $134,000 $282,000
Native Hawaiin or Other Pacific Islander 6 $1,140,000 $190,000 $384,000 $63,000 $114,000
Not applicable 1 $270,000 $270,000 $270,000 $44,000 $44,000

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) 3,339 $759,689,000 $227,000 $3,000,000 $111,000 $2,170,000
FHA-insured (Federal Housing Administration) 1,343 $254,140,000 $189,000 $467,000 $62,000 $378,000
VA-guaranteed (Veterans Administration) 283 $63,799,000 $225,000 $564,000 $69,000 $241,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 158 $24,175,000 $153,000 $350,000 $52,000 $106,000

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 4,156 $889,590,000 $214,000 $1,550,000 $93,000 $2,170,000
Application Withdrawn By Applicant 688 $150,303,000 $218,000 $3,000,000 $99,000 $1,596,000
File Closed For Incompleteness 141 $31,165,000 $221,000 $1,040,000 $101,000 $652,000
Application Denied By Financial Institution 83 $19,301,000 $232,000 $2,483,000 $88,000 $632,000
Application Approved But Not Accepted 55 $11,444,000 $208,000 $408,000 $74,000 $282,000
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
Debt-To-Income Ratio 24 $8,918,000 $371,000 $2,483,000 $116,000 $632,000
Credit History 20 $4,146,000 $207,000 $424,000 $76,000 $268,000
Collateral 15 $1,506,000 $100,000 $197,000 $79,000 $208,000
Insufficient Cash (Downpayment, Closing Cost) 8 $1,324,000 $165,000 $275,000 $65,000 $146,000
Other 4 $826,000 $206,000 $326,000 $129,000 $151,000
Unverifiable Information 4 $704,000 $176,000 $333,000 $42,000 $81,000
Employment History 4 $1,191,000 $297,000 $886,000 $100,000 $272,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Marketplace Home Mortgage, Llc's 2016 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 Marketplace Home Mortgage, Llc'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.

Download the Minnesota Lender List