Mill City Credit Union
Mortgage Loan Application
Totals and Details
for 2016
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 Mill City Credit Union.
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 | Mill City Credit Union 10653 Wayzata Blvd Minnetonka, MN 55305 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2018 2017 2016 2015 |
| Total Number of Mortgage Applications | 406 |
| Total Mortgage Loan Application Amount | $76,252,000 |
| Average Mortgage Loan Application Amount | $149,333 |
| Highest Mortgage Loan Application Amount | $1,050,000 |
| Average Applicant Income | $116,333 |
| Highest Applicant Income | $528,000 |
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 | 138 | $ 31,122,000 | $ 225,000 | $ 138,000 |
| Wright County Minnesota | 13 | $ 2,642,000 | $ 203,000 | $ 165,000 |
| Anoka County Minnesota | 11 | $ 1,984,000 | $ 180,000 | $ 134,000 |
| Carver County Minnesota | 10 | $ 3,337,000 | $ 333,000 | $ 174,000 |
| Miami-Dade County Florida | 9 | $ 1,542,000 | $ 171,000 | $ 134,000 |
| Rutherford County Tennessee | 9 | $ 1,076,000 | $ 119,000 | $ 80,000 |
| Dakota County Minnesota | 8 | $ 1,604,000 | $ 200,000 | $ 142,000 |
| Boone County Illinois | 7 | $ 466,000 | $ 66,000 | $ 85,000 |
| Linn County Iowa | 7 | $ 587,000 | $ 83,000 | $ 61,000 |
| Marion County Missouri | 6 | $ 423,000 | $ 70,000 | $ 56,000 |
| Ramsey County Minnesota | 5 | $ 886,000 | $ 177,000 | $ 102,000 |
| Scott County Minnesota | 5 | $ 1,165,000 | $ 233,000 | $ 110,000 |
| Benton County Arkansas | 4 | $ 1,172,000 | $ 293,000 | $ 262,000 |
| Sherburne County Minnesota | 4 | $ 528,000 | $ 132,000 | $ 83,000 |
| Sibley County Minnesota | 4 | $ 540,000 | $ 135,000 | $ 197,000 |
| Orange County California | 3 | $ 862,000 | $ 287,000 | $ 139,000 |
| Newton County Georgia | 3 | $ 401,000 | $ 133,000 | $ 113,000 |
| Walton County Georgia | 3 | $ 267,000 | $ 89,000 | $ 74,000 |
| Osceola County Michigan | 3 | $ 104,000 | $ 34,000 | $ 65,000 |
| Jasper County Missouri | 3 | $ 215,000 | $ 71,000 | $ 74,000 |
| Ralls County Missouri | 3 | $ 202,000 | $ 67,000 | $ 87,000 |
| Erie County New York | 3 | $ 418,000 | $ 139,000 | $ 100,000 |
| Bedford County Tennessee | 3 | $ 163,000 | $ 54,000 | $ 41,000 |
| Maricopa County Arizona | 2 | $ 740,000 | $ 370,000 | $ 170,000 |
| Los Angeles County California | 2 | $ 1,055,000 | $ 527,000 | $ 143,000 |
| Rockdale County Georgia | 2 | $ 190,000 | $ 95,000 | $ 107,000 |
| Winnebago County Illinois | 2 | $ 172,000 | $ 86,000 | $ 46,000 |
| Lake County Michigan | 2 | $ 98,000 | $ 49,000 | $ 62,000 |
| Crow Wing County Minnesota | 2 | $ 155,000 | $ 77,000 | $ 69,000 |
| Washington County Minnesota | 2 | $ 328,000 | $ 164,000 | $ 102,000 |
| Rankin County Mississippi | 2 | $ 133,000 | $ 66,000 | $ 48,000 |
| Lewis County Missouri | 2 | $ 113,000 | $ 56,000 | $ 93,000 |
| Cascade County Montana | 2 | $ 253,000 | $ 126,000 | $ 107,000 |
| Sandoval County New Mexico | 2 | $ 481,000 | $ 240,000 | $ 141,000 |
| Mecklenburg County North Carolina | 2 | $ 592,000 | $ 296,000 | $ 146,000 |
| Hamilton County Ohio | 2 | $ 771,000 | $ 385,000 | $ 131,000 |
| Jackson County Ohio | 2 | $ 596,000 | $ 298,000 | $ 100,000 |
| Warren County Ohio | 2 | $ 488,000 | $ 244,000 | $ 94,000 |
| Coffee County Tennessee | 2 | $ 225,000 | $ 112,000 | $ 78,000 |
| Pima County Arizona | 1 | $ 90,000 | $ 90,000 | $ 92,000 |
| San Francisco County California | 1 | $ 1,000,000 | $ 1,000,000 | $ 0 |
| Monroe County Florida | 1 | $ 134,000 | $ 134,000 | $ 43,000 |
| Orange County Florida | 1 | $ 86,000 | $ 86,000 | $ 162,000 |
| Fayette County Georgia | 1 | $ 308,000 | $ 308,000 | $ 213,000 |
| Gwinnett County Georgia | 1 | $ 253,000 | $ 253,000 | $ 139,000 |
| Morgan County Georgia | 1 | $ 40,000 | $ 40,000 | $ 76,000 |
| DuPage County Illinois | 1 | $ 30,000 | $ 30,000 | $ 172,000 |
| Pike County Illinois | 1 | $ 61,000 | $ 61,000 | $ 43,000 |
| Floyd County Indiana | 1 | $ 284,000 | $ 284,000 | $ 159,000 |
| Benton County Iowa | 1 | $ 57,000 | $ 57,000 | $ 75,000 |
| Buchanan County Iowa | 1 | $ 80,000 | $ 80,000 | $ 104,000 |
| Cerro Gordo County Iowa | 1 | $ 34,000 | $ 34,000 | $ 105,000 |
| Iowa County Iowa | 1 | $ 106,000 | $ 106,000 | $ 144,000 |
| Plymouth County Massachusetts | 1 | $ 164,000 | $ 164,000 | $ 200,000 |
| Aitkin County Minnesota | 1 | $ 42,000 | $ 42,000 | $ 165,000 |
| Carlton County Minnesota | 1 | $ 338,000 | $ 338,000 | $ 170,000 |
| Cass County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 66,000 |
| Grant County Minnesota | 1 | $ 140,000 | $ 140,000 | $ 381,000 |
| Otter Tail County Minnesota | 1 | $ 224,000 | $ 224,000 | $ 374,000 |
| Rice County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 138,000 |
| Wadena County Minnesota | 1 | $ 171,000 | $ 171,000 | $ 54,000 |
| Boone County Missouri | 1 | $ 115,000 | $ 115,000 | $ 49,000 |
| Clay County Missouri | 1 | $ 156,000 | $ 156,000 | $ 69,000 |
| Newton County Missouri | 1 | $ 65,000 | $ 65,000 | $ 60,000 |
| Pike County Missouri | 1 | $ 113,000 | $ 113,000 | $ 70,000 |
| Chouteau County Montana | 1 | $ 80,000 | $ 80,000 | $ 77,000 |
| Cumberland County New Jersey | 1 | $ 120,000 | $ 120,000 | $ 79,000 |
| Chatham County North Carolina | 1 | $ 417,000 | $ 417,000 | $ 170,000 |
| Henderson County North Carolina | 1 | $ 240,000 | $ 240,000 | $ 156,000 |
| Marion County Ohio | 1 | $ 185,000 | $ 185,000 | $ 90,000 |
| Marshall County Oklahoma | 1 | $ 25,000 | $ 25,000 | $ 59,000 |
| Davidson County Tennessee | 1 | $ 230,000 | $ 230,000 | $ 83,000 |
| Williamson County Tennessee | 1 | $ 366,000 | $ 366,000 | $ 119,000 |
| Chippewa County Wisconsin | 1 | $ 62,000 | $ 62,000 | $ 103,000 |
| Sawyer County Wisconsin | 1 | $ 364,000 | $ 364,000 | $ 199,000 |
| Sheboygan County Wisconsin | 1 | $ 204,000 | $ 204,000 | $ 215,000 |
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 Mill City Credit Union 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 |
|---|---|---|---|---|---|---|
| Refinancing | 224 | $39,808,000 | $177,000 | $1,050,000 | $123,000 | $528,000 |
| Home Purchase | 150 | $35,235,000 | $234,000 | $920,000 | $112,000 | $450,000 |
| Home Improvement | 32 | $1,209,000 | $37,000 | $110,000 | $114,000 | $411,000 |
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 | 303 | $57,904,000 | $191,000 | $1,050,000 | $120,000 | $528,000 |
| Not Provided | 45 | $6,420,000 | $142,000 | $387,000 | $122,000 | $411,000 |
| Hispanic | 25 | $4,657,000 | $186,000 | $792,000 | $86,000 | $235,000 |
| Black or African American | 21 | $3,322,000 | $158,000 | $342,000 | $88,000 | $185,000 |
| Asian | 11 | $3,549,000 | $322,000 | $880,000 | $173,000 | $355,000 |
| American Indian or Alaskan Native | 1 | $400,000 | $400,000 | $400,000 | $133,000 | $133,000 |
| Native Hawaiin or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 406 | $76,252,000 | $187,000 | $1,050,000 | $118,000 | $528,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 141 | $19,359,000 | $137,000 | $1,000,000 | $79,000 | $411,000 |
| Loan Originated | 137 | $29,462,000 | $215,000 | $1,050,000 | $142,000 | $528,000 |
| Application Approved But Not Accepted | 56 | $14,984,000 | $267,000 | $880,000 | $146,000 | $416,000 |
| Application Withdrawn By Applicant | 55 | $9,447,000 | $171,000 | $956,000 | $135,000 | $452,000 |
| File Closed For Incompleteness | 17 | $3,000,000 | $176,000 | $475,000 | $107,000 | $243,000 |
| 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 | 58 | $7,211,000 | $124,000 | $320,000 | $65,000 | $198,000 |
| Collateral | 30 | $2,762,000 | $92,000 | $250,000 | $119,000 | $411,000 |
| Other | 23 | $4,652,000 | $202,000 | $1,000,000 | $85,000 | $215,000 |
| Debt-To-Income Ratio | 21 | $3,061,000 | $145,000 | $480,000 | $55,000 | $159,000 |
| Employment History | 3 | $616,000 | $205,000 | $520,000 | $86,000 | $145,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $494,000 | $164,000 | $190,000 | $59,000 | $74,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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.