Midcountry Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016
Midcountry Bank 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 | Midcountry Bank 7825 Washington Ave. S., Ste. 120 Bloomington, MN 55439 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 1,192 |
| Total Mortgage Loan Application Amount | $206,111,000 |
| Average Mortgage Loan Application Amount | $170,666 |
| Highest Mortgage Loan Application Amount | $7,000,000 |
| Average Applicant Income | $76,000 |
| Highest Applicant Income | $1,972,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2016 with Midcountry Bank. 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 Midcountry Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2016 breaks down Midcountry Bank'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 Midcountry Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Midcountry Bank, 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 Midcountry Bank's mortgage activity for 2016.
| 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 | 215 | $ 41,286,000 | $ 192,000 | $ 82,000 |
| Dakota County Minnesota | 145 | $ 24,730,000 | $ 170,000 | $ 78,000 |
| Ramsey County Minnesota | 119 | $ 20,965,000 | $ 176,000 | $ 73,000 |
| Washington County Minnesota | 102 | $ 21,268,000 | $ 208,000 | $ 91,000 |
| Williamson County Illinois | 54 | $ 4,905,000 | $ 90,000 | $ 51,000 |
| Wright County Minnesota | 54 | $ 10,590,000 | $ 196,000 | $ 73,000 |
| Anoka County Minnesota | 53 | $ 10,497,000 | $ 198,000 | $ 68,000 |
| McLeod County Minnesota | 46 | $ 5,255,000 | $ 114,000 | $ 67,000 |
| Franklin County Illinois | 31 | $ 1,898,000 | $ 61,000 | $ 45,000 |
| Scott County Minnesota | 30 | $ 4,563,000 | $ 152,000 | $ 77,000 |
| Carver County Minnesota | 26 | $ 4,691,000 | $ 180,000 | $ 61,000 |
| Stearns County Minnesota | 26 | $ 3,553,000 | $ 136,000 | $ 59,000 |
| Crow Wing County Minnesota | 24 | $ 4,151,000 | $ 172,000 | $ 68,000 |
| Meeker County Minnesota | 24 | $ 2,150,000 | $ 89,000 | $ 49,000 |
| Jackson County Illinois | 20 | $ 2,242,000 | $ 112,000 | $ 145,000 |
| Sibley County Minnesota | 12 | $ 1,329,000 | $ 110,000 | $ 64,000 |
| Sherburne County Minnesota | 11 | $ 1,898,000 | $ 172,000 | $ 70,000 |
| Chisago County Minnesota | 10 | $ 1,975,000 | $ 197,000 | $ 70,000 |
| Olmsted County Minnesota | 10 | $ 1,173,000 | $ 117,000 | $ 48,000 |
| Union County Illinois | 8 | $ 753,000 | $ 94,000 | $ 61,000 |
| Johnson County Illinois | 7 | $ 354,000 | $ 50,000 | $ 34,000 |
| Massac County Illinois | 7 | $ 377,000 | $ 53,000 | $ 36,000 |
| Pulaski County Illinois | 6 | $ 318,000 | $ 53,000 | $ 34,000 |
| Beltrami County Minnesota | 6 | $ 1,189,000 | $ 198,000 | $ 93,000 |
| Pine County Minnesota | 6 | $ 693,000 | $ 115,000 | $ 43,000 |
| Renville County Minnesota | 6 | $ 282,000 | $ 47,000 | $ 39,000 |
| Rice County Minnesota | 6 | $ 1,074,000 | $ 179,000 | $ 36,000 |
| St. Croix County Wisconsin | 6 | $ 1,320,000 | $ 220,000 | $ 74,000 |
| Clay County Minnesota | 5 | $ 486,000 | $ 97,000 | $ 206,000 |
| Clark County Nevada | 4 | $ 774,000 | $ 193,000 | $ 62,000 |
| Jefferson County Illinois | 3 | $ 422,000 | $ 140,000 | $ 74,000 |
| Benton County Minnesota | 3 | $ 657,000 | $ 219,000 | $ 0 |
| Cass County Minnesota | 3 | $ 627,000 | $ 209,000 | $ 118,000 |
| Mille Lacs County Minnesota | 3 | $ 435,000 | $ 145,000 | $ 71,000 |
| Pierce County Wisconsin | 3 | $ 847,000 | $ 282,000 | $ 303,000 |
| Polk County Wisconsin | 3 | $ 288,000 | $ 96,000 | $ 50,000 |
| Perry County Illinois | 2 | $ 110,000 | $ 55,000 | $ 38,000 |
| Douglas County Minnesota | 2 | $ 347,000 | $ 173,000 | $ 52,000 |
| Isanti County Minnesota | 2 | $ 427,000 | $ 213,000 | $ 44,000 |
| Jackson County Minnesota | 2 | $ 3,218,000 | $ 1,609,000 | $ 0 |
| Kanabec County Minnesota | 2 | $ 92,000 | $ 46,000 | $ 44,000 |
| Le Sueur County Minnesota | 2 | $ 303,000 | $ 151,000 | $ 33,000 |
| Morrison County Minnesota | 2 | $ 755,000 | $ 377,000 | $ 225,000 |
| Nicollet County Minnesota | 2 | $ 922,000 | $ 461,000 | $ 40,000 |
| Todd County Minnesota | 2 | $ 311,000 | $ 155,000 | $ 60,000 |
| Vernon County Wisconsin | 2 | $ 501,000 | $ 250,000 | $ 81,000 |
| Mobile County Alabama | 1 | $ 103,000 | $ 103,000 | $ 50,000 |
| Mohave County Arizona | 1 | $ 117,000 | $ 117,000 | $ 49,000 |
| Benton County Arkansas | 1 | $ 130,000 | $ 130,000 | $ 55,000 |
| Crittenden County Arkansas | 1 | $ 221,000 | $ 221,000 | $ 76,000 |
| Pulaski County Arkansas | 1 | $ 181,000 | $ 181,000 | $ 598,000 |
| Los Angeles County California | 1 | $ 403,000 | $ 403,000 | $ 71,000 |
| Santa Barbara County California | 1 | $ 375,000 | $ 375,000 | $ 99,000 |
| Ventura County California | 1 | $ 362,000 | $ 362,000 | $ 56,000 |
| Yuba County California | 1 | $ 160,000 | $ 160,000 | $ 37,000 |
| El Paso County Colorado | 1 | $ 269,000 | $ 269,000 | $ 74,000 |
| Larimer County Colorado | 1 | $ 103,000 | $ 103,000 | $ 28,000 |
| Clay County Florida | 1 | $ 210,000 | $ 210,000 | $ 76,000 |
| Collier County Florida | 1 | $ 234,000 | $ 234,000 | $ 267,000 |
| Duval County Florida | 1 | $ 155,000 | $ 155,000 | $ 48,000 |
| Escambia County Florida | 1 | $ 237,000 | $ 237,000 | $ 48,000 |
| Hillsborough County Florida | 1 | $ 465,000 | $ 465,000 | $ 130,000 |
| Pasco County Florida | 1 | $ 181,000 | $ 181,000 | $ 50,000 |
| Polk County Florida | 1 | $ 144,000 | $ 144,000 | $ 31,000 |
| Franklin County Georgia | 1 | $ 52,000 | $ 52,000 | $ 108,000 |
| Richmond County Georgia | 1 | $ 46,000 | $ 46,000 | $ 15,000 |
| Alexander County Illinois | 1 | $ 12,000 | $ 12,000 | $ 24,000 |
| Hamilton County Illinois | 1 | $ 34,000 | $ 34,000 | $ 34,000 |
| Lake County Illinois | 1 | $ 232,000 | $ 232,000 | $ 29,000 |
| McLean County Illinois | 1 | $ 209,000 | $ 209,000 | $ 180,000 |
| Saline County Illinois | 1 | $ 95,000 | $ 95,000 | $ 52,000 |
| Tazewell County Illinois | 1 | $ 242,000 | $ 242,000 | $ 99,000 |
| Wayne County Illinois | 1 | $ 275,000 | $ 275,000 | $ 77,000 |
| Parke County Indiana | 1 | $ 144,000 | $ 144,000 | $ 0 |
| Vigo County Indiana | 1 | $ 90,000 | $ 90,000 | $ 36,000 |
| Dickinson County Iowa | 1 | $ 100,000 | $ 100,000 | $ 186,000 |
| Floyd County Iowa | 1 | $ 120,000 | $ 120,000 | $ 73,000 |
| Franklin County Iowa | 1 | $ 52,000 | $ 52,000 | $ 82,000 |
| Clark County Kentucky | 1 | $ 25,000 | $ 25,000 | $ 80,000 |
| Caddo County Louisiana | 1 | $ 102,000 | $ 102,000 | $ 42,000 |
| Lafayette County Louisiana | 1 | $ 227,000 | $ 227,000 | $ 76,000 |
| Carroll County Maryland | 1 | $ 186,000 | $ 186,000 | $ 200,000 |
| Middlesex County Massachusetts | 1 | $ 143,000 | $ 143,000 | $ 33,000 |
| Suffolk County Massachusetts | 1 | $ 335,000 | $ 335,000 | $ 517,000 |
| Wayne County Michigan | 1 | $ 31,000 | $ 31,000 | $ 36,000 |
| Blue Earth County Minnesota | 1 | $ 154,000 | $ 154,000 | $ 41,000 |
| Clearwater County Minnesota | 1 | $ 109,000 | $ 109,000 | $ 53,000 |
| Freeborn County Minnesota | 1 | $ 63,000 | $ 63,000 | $ 17,000 |
| Goodhue County Minnesota | 1 | $ 133,000 | $ 133,000 | $ 35,000 |
| Hubbard County Minnesota | 1 | $ 176,000 | $ 176,000 | $ 83,000 |
| Kandiyohi County Minnesota | 1 | $ 92,000 | $ 92,000 | $ 53,000 |
| Nobles County Minnesota | 1 | $ 51,000 | $ 51,000 | $ 85,000 |
| Adams County Mississippi | 1 | $ 80,000 | $ 80,000 | $ 41,000 |
| Clay County Missouri | 1 | $ 180,000 | $ 180,000 | $ 0 |
| Merrimack County New Hampshire | 1 | $ 258,000 | $ 258,000 | $ 60,000 |
| Cumberland County New Jersey | 1 | $ 137,000 | $ 137,000 | $ 22,000 |
| Niagara County New York | 1 | $ 73,000 | $ 73,000 | $ 116,000 |
| Carteret County North Carolina | 1 | $ 100,000 | $ 100,000 | $ 52,000 |
| Cumberland County North Carolina | 1 | $ 131,000 | $ 131,000 | $ 73,000 |
| Onslow County North Carolina | 1 | $ 134,000 | $ 134,000 | $ 67,000 |
| Pitt County North Carolina | 1 | $ 210,000 | $ 210,000 | $ 68,000 |
| Cass County North Dakota | 1 | $ 7,000,000 | $ 7,000,000 | $ 0 |
| Summit County Ohio | 1 | $ 72,000 | $ 72,000 | $ 111,000 |
| Garfield County Oklahoma | 1 | $ 195,000 | $ 195,000 | $ 48,000 |
| Bedford County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 62,000 |
| Dauphin County Pennsylvania | 1 | $ 172,000 | $ 172,000 | $ 118,000 |
| Oconee County South Carolina | 1 | $ 122,000 | $ 122,000 | $ 57,000 |
| Gibson County Tennessee | 1 | $ 64,000 | $ 64,000 | $ 14,000 |
| Henderson County Tennessee | 1 | $ 126,000 | $ 126,000 | $ 30,000 |
| Knox County Tennessee | 1 | $ 58,000 | $ 58,000 | $ 41,000 |
| Bexar County Texas | 1 | $ 77,000 | $ 77,000 | $ 36,000 |
| El Paso County Texas | 1 | $ 140,000 | $ 140,000 | $ 120,000 |
| Galveston County Texas | 1 | $ 258,000 | $ 258,000 | $ 61,000 |
| Summit County Utah | 1 | $ 650,000 | $ 650,000 | $ 264,000 |
| Accomack County Virginia | 1 | $ 83,000 | $ 83,000 | $ 23,000 |
| Chesapeake County Virginia | 1 | $ 135,000 | $ 135,000 | $ 113,000 |
| York County Virginia | 1 | $ 175,000 | $ 175,000 | $ 98,000 |
| Island County Washington | 1 | $ 145,000 | $ 145,000 | $ 50,000 |
| Ashland County Wisconsin | 1 | $ 337,000 | $ 337,000 | $ 960,000 |
| Bayfield County Wisconsin | 1 | $ 149,000 | $ 149,000 | $ 108,000 |
| Burnett County Wisconsin | 1 | $ 144,000 | $ 144,000 | $ 52,000 |
Mortgage Loan Application Detail Totals for Midcountry Bank 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 | 838 | $127,758,000 | $152,000 | $2,220,000 | $70,000 | $1,972,000 |
| Refinancing | 326 | $74,642,000 | $228,000 | $7,000,000 | $90,000 | $960,000 |
| Home Improvement | 28 | $3,711,000 | $132,000 | $561,000 | $68,000 | $167,000 |
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 | 960 | $150,679,000 | $156,000 | $1,499,000 | $79,000 | $1,972,000 |
| Black or African American | 72 | $9,350,000 | $129,000 | $346,000 | $62,000 | $598,000 |
| Not Provided | 45 | $7,127,000 | $158,000 | $895,000 | $82,000 | $529,000 |
| Hispanic | 41 | $5,833,000 | $142,000 | $465,000 | $56,000 | $184,000 |
| Asian | 39 | $5,885,000 | $150,000 | $417,000 | $77,000 | $306,000 |
| Not applicable | 27 | $26,179,000 | $969,000 | $7,000,000 | $0 | $0 |
| American Indian or Alaskan Native | 7 | $819,000 | $117,000 | $210,000 | $57,000 | $111,000 |
| Native Hawaiin or Other Pacific Islander | 1 | $239,000 | $239,000 | $239,000 | $110,000 | $110,000 |
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) | 806 | $145,811,000 | $180,000 | $7,000,000 | $83,000 | $1,972,000 |
| FHA-insured (Federal Housing Administration) | 248 | $38,176,000 | $153,000 | $331,000 | $58,000 | $177,000 |
| VA-guaranteed (Veterans Administration) | 86 | $16,417,000 | $190,000 | $650,000 | $72,000 | $598,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 52 | $5,707,000 | $109,000 | $350,000 | $44,000 | $168,000 |
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 | 878 | $151,329,000 | $172,000 | $7,000,000 | $73,000 | $770,000 |
| Application Denied By Financial Institution | 166 | $25,192,000 | $151,000 | $1,553,000 | $74,000 | $1,972,000 |
| Application Withdrawn By Applicant | 122 | $20,218,000 | $165,000 | $896,000 | $90,000 | $960,000 |
| File Closed For Incompleteness | 16 | $2,655,000 | $165,000 | $417,000 | $101,000 | $595,000 |
| Application Approved But Not Accepted | 10 | $6,717,000 | $671,000 | $2,720,000 | $60,000 | $344,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 87 | $12,169,000 | $139,000 | $1,499,000 | $83,000 | $1,972,000 |
| Debt-To-Income Ratio | 36 | $7,099,000 | $197,000 | $1,553,000 | $39,000 | $130,000 |
| Credit Application Incomplete | 17 | $2,641,000 | $155,000 | $335,000 | $99,000 | $517,000 |
| Collateral | 13 | $1,825,000 | $140,000 | $385,000 | $70,000 | $167,000 |
| Other | 8 | $572,000 | $71,000 | $280,000 | $72,000 | $114,000 |
| Employment History | 3 | $536,000 | $178,000 | $353,000 | $76,000 | $174,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $95,000 | $95,000 | $95,000 | $99,000 | $99,000 |
| Unverifiable Information | 1 | $255,000 | $255,000 | $255,000 | $150,000 | $150,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Midcountry Bank'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 Midcountry Bank'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.