Mill City Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2017
Mill City Credit Union 2017 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 | 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 | 369 |
| Total Mortgage Loan Application Amount | $66,111,000 |
| Average Mortgage Loan Application Amount | $153,000 |
| Highest Mortgage Loan Application Amount | $1,700,000 |
| Average Applicant Income | $119,000 |
| Highest Applicant Income | $550,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2017 with Mill City Credit Union. 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 Mill City Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2017 breaks down Mill City Credit Union'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 Mill City Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Mill City Credit Union, 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 Mill City Credit Union's mortgage activity for 2017.
| 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 | 134 | $ 31,077,000 | $ 231,000 | $ 143,000 |
| Anoka County Minnesota | 18 | $ 2,478,000 | $ 137,000 | $ 136,000 |
| Carver County Minnesota | 12 | $ 2,985,000 | $ 248,000 | $ 152,000 |
| Rutherford County Tennessee | 10 | $ 958,000 | $ 95,000 | $ 84,000 |
| Wright County Minnesota | 9 | $ 1,110,000 | $ 123,000 | $ 107,000 |
| Marion County Missouri | 8 | $ 645,000 | $ 80,000 | $ 59,000 |
| Dakota County Minnesota | 7 | $ 787,000 | $ 112,000 | $ 106,000 |
| Newton County Georgia | 5 | $ 446,000 | $ 89,000 | $ 98,000 |
| Sherburne County Minnesota | 5 | $ 484,000 | $ 96,000 | $ 114,000 |
| Ralls County Missouri | 5 | $ 372,000 | $ 74,000 | $ 80,000 |
| Bernalillo County New Mexico | 5 | $ 468,000 | $ 93,000 | $ 93,000 |
| Maricopa County Arizona | 4 | $ 1,838,000 | $ 459,000 | $ 150,000 |
| Benton County Iowa | 4 | $ 446,000 | $ 111,000 | $ 91,000 |
| Crow Wing County Minnesota | 4 | $ 860,000 | $ 215,000 | $ 172,000 |
| Ramsey County Minnesota | 4 | $ 331,000 | $ 82,000 | $ 77,000 |
| Scott County Minnesota | 4 | $ 443,000 | $ 110,000 | $ 101,000 |
| Bedford County Tennessee | 4 | $ 430,000 | $ 107,000 | $ 64,000 |
| Benton County Arkansas | 3 | $ 796,000 | $ 265,000 | $ 122,000 |
| Orange County California | 3 | $ 255,000 | $ 85,000 | $ 184,000 |
| Miami-Dade County Florida | 3 | $ 793,000 | $ 264,000 | $ 201,000 |
| Walton County Georgia | 3 | $ 215,000 | $ 71,000 | $ 88,000 |
| Boone County Illinois | 3 | $ 277,000 | $ 92,000 | $ 78,000 |
| Winnebago County Illinois | 3 | $ 188,000 | $ 62,000 | $ 58,000 |
| Linn County Iowa | 3 | $ 254,000 | $ 84,000 | $ 71,000 |
| Jackson County Ohio | 3 | $ 522,000 | $ 174,000 | $ 120,000 |
| Los Angeles County California | 2 | $ 345,000 | $ 172,000 | $ 95,000 |
| Cass County Minnesota | 2 | $ 351,000 | $ 175,000 | $ 177,000 |
| Washington County Minnesota | 2 | $ 808,000 | $ 404,000 | $ 144,000 |
| Sandoval County New Mexico | 2 | $ 653,000 | $ 326,000 | $ 216,000 |
| Warren County Ohio | 2 | $ 341,000 | $ 170,000 | $ 88,000 |
| Coffee County Tennessee | 2 | $ 115,000 | $ 57,000 | $ 65,000 |
| Pima County Arizona | 1 | $ 20,000 | $ 20,000 | $ 138,000 |
| San Bernardino County California | 1 | $ 15,000 | $ 15,000 | $ 57,000 |
| La Plata County Colorado | 1 | $ 94,000 | $ 94,000 | $ 102,000 |
| Broward County Florida | 1 | $ 300,000 | $ 300,000 | $ 130,000 |
| Palm Beach County Florida | 1 | $ 241,000 | $ 241,000 | $ 173,000 |
| Pinellas County Florida | 1 | $ 45,000 | $ 45,000 | $ 41,000 |
| Sumter County Florida | 1 | $ 199,000 | $ 199,000 | $ 68,000 |
| Volusia County Florida | 1 | $ 15,000 | $ 15,000 | $ 74,000 |
| Hall County Georgia | 1 | $ 62,000 | $ 62,000 | $ 132,000 |
| Henry County Georgia | 1 | $ 235,000 | $ 235,000 | $ 54,000 |
| Oconee County Georgia | 1 | $ 443,000 | $ 443,000 | $ 163,000 |
| Honolulu County Hawaii | 1 | $ 70,000 | $ 70,000 | $ 159,000 |
| Ada County Idaho | 1 | $ 100,000 | $ 100,000 | $ 76,000 |
| Cook County Illinois | 1 | $ 53,000 | $ 53,000 | $ 110,000 |
| McHenry County Illinois | 1 | $ 49,000 | $ 49,000 | $ 55,000 |
| Peoria County Illinois | 1 | $ 189,000 | $ 189,000 | $ 128,000 |
| Stephenson County Illinois | 1 | $ 25,000 | $ 25,000 | $ 48,000 |
| Cedar County Iowa | 1 | $ 85,000 | $ 85,000 | $ 97,000 |
| Iowa County Iowa | 1 | $ 25,000 | $ 25,000 | $ 131,000 |
| Ascension County Louisiana | 1 | $ 239,000 | $ 239,000 | $ 149,000 |
| Osceola County Michigan | 1 | $ 133,000 | $ 133,000 | $ 54,000 |
| Chisago County Minnesota | 1 | $ 214,000 | $ 214,000 | $ 103,000 |
| Isanti County Minnesota | 1 | $ 244,000 | $ 244,000 | $ 92,000 |
| Le Sueur County Minnesota | 1 | $ 85,000 | $ 85,000 | $ 74,000 |
| McLeod County Minnesota | 1 | $ 30,000 | $ 30,000 | $ 88,000 |
| Morrison County Minnesota | 1 | $ 222,000 | $ 222,000 | $ 117,000 |
| Pine County Minnesota | 1 | $ 137,000 | $ 137,000 | $ 39,000 |
| St. Louis County Minnesota | 1 | $ 302,000 | $ 302,000 | $ 249,000 |
| Stearns County Minnesota | 1 | $ 179,000 | $ 179,000 | $ 121,000 |
| Pike County Mississippi | 1 | $ 355,000 | $ 355,000 | $ 151,000 |
| Jasper County Missouri | 1 | $ 120,000 | $ 120,000 | $ 42,000 |
| Pike County Missouri | 1 | $ 90,000 | $ 90,000 | $ 130,000 |
| Flathead County Montana | 1 | $ 209,000 | $ 209,000 | $ 74,000 |
| Atlantic County New Jersey | 1 | $ 35,000 | $ 35,000 | $ 135,000 |
| Burlington County New Jersey | 1 | $ 42,000 | $ 42,000 | $ 95,000 |
| Guilford County North Carolina | 1 | $ 124,000 | $ 124,000 | $ 55,000 |
| Butler County Ohio | 1 | $ 81,000 | $ 81,000 | $ 37,000 |
| Carbon County Pennsylvania | 1 | $ 19,000 | $ 19,000 | $ 91,000 |
| Chester County Pennsylvania | 1 | $ 390,000 | $ 390,000 | $ 190,000 |
| Charleston County South Carolina | 1 | $ 676,000 | $ 676,000 | $ 300,000 |
| Cannon County Tennessee | 1 | $ 120,000 | $ 120,000 | $ 105,000 |
| Dallas County Texas | 1 | $ 161,000 | $ 161,000 | $ 315,000 |
| Wasatch County Utah | 1 | $ 490,000 | $ 490,000 | $ 190,000 |
| King County Washington | 1 | $ 248,000 | $ 248,000 | $ 220,000 |
| Bayfield County Wisconsin | 1 | $ 143,000 | $ 143,000 | $ 68,000 |
| Milwaukee County Wisconsin | 1 | $ 6,000 | $ 6,000 | $ 75,000 |
Mortgage Loan Application Detail Totals for Mill City Credit Union in 2017
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 | 171 | $29,331,000 | $171,000 | $1,700,000 | $118,000 | $550,000 |
| Home Purchase | 138 | $34,390,000 | $249,000 | $980,000 | $118,000 | $540,000 |
| Home Improvement | 60 | $2,390,000 | $39,000 | $300,000 | $121,000 | $527,000 |
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 | 262 | $45,927,000 | $175,000 | $1,700,000 | $118,000 | $550,000 |
| Not Provided | 46 | $7,687,000 | $167,000 | $660,000 | $121,000 | $337,000 |
| Hispanic | 26 | $5,172,000 | $198,000 | $660,000 | $122,000 | $345,000 |
| Black or African American | 20 | $3,850,000 | $192,000 | $848,000 | $97,000 | $273,000 |
| Asian | 13 | $3,205,000 | $246,000 | $688,000 | $142,000 | $300,000 |
| American Indian or Alaskan Native | 1 | $245,000 | $245,000 | $245,000 | $149,000 | $149,000 |
| Not applicable | 1 | $25,000 | $25,000 | $25,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 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) | 368 | $66,058,000 | $179,000 | $1,700,000 | $118,000 | $550,000 |
| FHA-insured (Federal Housing Administration) | 1 | $53,000 | $53,000 | $53,000 | $142,000 | $142,000 |
| 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 |
|---|---|---|---|---|---|---|
| Loan Originated | 131 | $29,703,000 | $226,000 | $1,700,000 | $142,000 | $550,000 |
| Application Denied By Financial Institution | 97 | $11,912,000 | $122,000 | $660,000 | $85,000 | $527,000 |
| Application Approved But Not Accepted | 57 | $14,081,000 | $247,000 | $784,000 | $128,000 | $338,000 |
| Application Withdrawn By Applicant | 51 | $4,907,000 | $96,000 | $323,000 | $130,000 | $315,000 |
| File Closed For Incompleteness | 33 | $5,508,000 | $166,000 | $348,000 | $86,000 | $168,000 |
| 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 | 44 | $6,283,000 | $142,000 | $384,000 | $71,000 | $169,000 |
| Collateral | 23 | $2,190,000 | $95,000 | $660,000 | $102,000 | $345,000 |
| Debt-To-Income Ratio | 12 | $1,244,000 | $103,000 | $190,000 | $36,000 | $68,000 |
| Other | 8 | $1,120,000 | $140,000 | $320,000 | $128,000 | $335,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $368,000 | $122,000 | $165,000 | $40,000 | $47,000 |
| Credit Application Incomplete | 2 | $110,000 | $55,000 | $95,000 | $315,000 | $527,000 |
| Employment History | 1 | $190,000 | $190,000 | $190,000 | $150,000 | $150,000 |
| Unverifiable Information | 1 | $152,000 | $152,000 | $152,000 | $53,000 | $53,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mill City Credit Union's 2017 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 Mill City Credit Union'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.