Optimum Mortgage Services, Inc
Mortgage Loan Application
Totals and Details
for 2006
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 Optimum Mortgage Services, Inc.
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 | Optimum Mortgage Services, Inc 1915 Plaza Drive Suite 202 Eagan, MN 55122 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 |
| Total Number of Mortgage Applications | 1,042 |
| Total Mortgage Loan Application Amount | $192,771,000 |
| Average Mortgage Loan Application Amount | $178,666 |
| Highest Mortgage Loan Application Amount | $728,000 |
| Average Applicant Income | $76,333 |
| Highest Applicant Income | $4,500,000 |
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 | 161 | $ 33,430,000 | $ 207,000 | $ 86,000 |
| Washington County Minnesota | 101 | $ 20,927,000 | $ 207,000 | $ 75,000 |
| Dakota County Minnesota | 100 | $ 20,617,000 | $ 206,000 | $ 59,000 |
| Ramsey County Minnesota | 99 | $ 18,450,000 | $ 186,000 | $ 71,000 |
| Pine County Minnesota | 52 | $ 7,137,000 | $ 137,000 | $ 49,000 |
| Anoka County Minnesota | 50 | $ 10,496,000 | $ 209,000 | $ 64,000 |
| Crow Wing County Minnesota | 43 | $ 6,516,000 | $ 151,000 | $ 53,000 |
| Stearns County Minnesota | 40 | $ 7,031,000 | $ 175,000 | $ 71,000 |
| Wright County Minnesota | 35 | $ 5,885,000 | $ 168,000 | $ 67,000 |
| St. Croix County Wisconsin | 32 | $ 6,598,000 | $ 206,000 | $ 68,000 |
| Scott County Minnesota | 28 | $ 5,513,000 | $ 196,000 | $ 70,000 |
| Morrison County Minnesota | 27 | $ 4,225,000 | $ 156,000 | $ 42,000 |
| Benton County Minnesota | 23 | $ 4,228,000 | $ 183,000 | $ 66,000 |
| Chisago County Minnesota | 23 | $ 4,128,000 | $ 179,000 | $ 56,000 |
| Sherburne County Minnesota | 22 | $ 4,509,000 | $ 204,000 | $ 71,000 |
| Carver County Minnesota | 21 | $ 5,355,000 | $ 255,000 | $ 67,000 |
| Cass County Minnesota | 12 | $ 1,989,000 | $ 165,000 | $ 26,000 |
| Kanabec County Minnesota | 12 | $ 1,240,000 | $ 103,000 | $ 36,000 |
| Isanti County Minnesota | 11 | $ 1,743,000 | $ 158,000 | $ 51,000 |
| Olmsted County Minnesota | 9 | $ 1,421,000 | $ 157,000 | $ 69,000 |
| Pierce County Wisconsin | 9 | $ 1,512,000 | $ 168,000 | $ 65,000 |
| Polk County Wisconsin | 9 | $ 1,273,000 | $ 141,000 | $ 60,000 |
| Mille Lacs County Minnesota | 6 | $ 1,118,000 | $ 186,000 | $ 39,000 |
| Burnett County Wisconsin | 6 | $ 983,000 | $ 163,000 | $ 123,000 |
| Maricopa County Arizona | 5 | $ 1,241,000 | $ 248,000 | $ 41,000 |
| Becker County Minnesota | 5 | $ 434,000 | $ 86,000 | $ 61,000 |
| Le Sueur County Minnesota | 5 | $ 618,000 | $ 123,000 | $ 53,000 |
| Beltrami County Minnesota | 4 | $ 837,000 | $ 209,000 | $ 36,000 |
| Clay County Minnesota | 4 | $ 377,000 | $ 94,000 | $ 64,000 |
| Rice County Minnesota | 4 | $ 788,000 | $ 197,000 | $ 49,000 |
| St. Louis County Minnesota | 4 | $ 653,000 | $ 163,000 | $ 70,000 |
| Steele County Minnesota | 4 | $ 601,000 | $ 150,000 | $ 64,000 |
| Blue Earth County Minnesota | 3 | $ 286,000 | $ 95,000 | $ 56,000 |
| Todd County Minnesota | 3 | $ 250,000 | $ 83,000 | $ 35,000 |
| Pima County Arizona | 2 | $ 368,000 | $ 184,000 | $ 60,000 |
| Miami-Dade County Florida | 2 | $ 491,000 | $ 245,000 | $ 1,058,000 |
| Osceola County Florida | 2 | $ 400,000 | $ 200,000 | $ 98,000 |
| Palm Beach County Florida | 2 | $ 317,000 | $ 158,000 | $ 72,000 |
| Boone County Indiana | 2 | $ 272,000 | $ 136,000 | $ 1,780,000 |
| Goodhue County Minnesota | 2 | $ 520,000 | $ 260,000 | $ 113,000 |
| Itasca County Minnesota | 2 | $ 207,000 | $ 103,000 | $ 53,000 |
| McLeod County Minnesota | 2 | $ 498,000 | $ 249,000 | $ 58,000 |
| Meeker County Minnesota | 2 | $ 181,000 | $ 90,000 | $ 63,000 |
| Nicollet County Minnesota | 2 | $ 223,000 | $ 111,000 | $ 28,000 |
| Wadena County Minnesota | 2 | $ 110,000 | $ 55,000 | $ 63,000 |
| Cass County North Dakota | 2 | $ 240,000 | $ 120,000 | $ 18,000 |
| Barron County Wisconsin | 2 | $ 570,000 | $ 285,000 | $ 113,000 |
| Dunn County Wisconsin | 2 | $ 317,000 | $ 158,000 | $ 30,000 |
| Waukesha County Wisconsin | 2 | $ 229,000 | $ 114,000 | $ 131,000 |
| Gila County Arizona | 1 | $ 189,000 | $ 189,000 | $ 0 |
| Adams County Colorado | 1 | $ 191,000 | $ 191,000 | $ 32,000 |
| Broward County Florida | 1 | $ 200,000 | $ 200,000 | $ 0 |
| Cook County Illinois | 1 | $ 194,000 | $ 194,000 | $ 81,000 |
| Hamilton County Indiana | 1 | $ 585,000 | $ 585,000 | $ 4,500,000 |
| Howard County Iowa | 1 | $ 54,000 | $ 54,000 | $ 46,000 |
| Worth County Iowa | 1 | $ 160,000 | $ 160,000 | $ 45,000 |
| Allegan County Michigan | 1 | $ 140,000 | $ 140,000 | $ 0 |
| Aitkin County Minnesota | 1 | $ 131,000 | $ 131,000 | $ 0 |
| Carlton County Minnesota | 1 | $ 136,000 | $ 136,000 | $ 0 |
| Cook County Minnesota | 1 | $ 375,000 | $ 375,000 | $ 140,000 |
| Cottonwood County Minnesota | 1 | $ 104,000 | $ 104,000 | $ 43,000 |
| Douglas County Minnesota | 1 | $ 250,000 | $ 250,000 | $ 226,000 |
| Faribault County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 61,000 |
| Fillmore County Minnesota | 1 | $ 85,000 | $ 85,000 | $ 112,000 |
| Houston County Minnesota | 1 | $ 21,000 | $ 21,000 | $ 57,000 |
| Hubbard County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 49,000 |
| Kandiyohi County Minnesota | 1 | $ 148,000 | $ 148,000 | $ 37,000 |
| Koochiching County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 49,000 |
| Mower County Minnesota | 1 | $ 93,000 | $ 93,000 | $ 42,000 |
| Norman County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 39,000 |
| Polk County Minnesota | 1 | $ 85,000 | $ 85,000 | $ 44,000 |
| Red Lake County Minnesota | 1 | $ 62,000 | $ 62,000 | $ 31,000 |
| Sibley County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 59,000 |
| Stevens County Minnesota | 1 | $ 103,000 | $ 103,000 | $ 36,000 |
| Swift County Minnesota | 1 | $ 74,000 | $ 74,000 | $ 54,000 |
| Wabasha County Minnesota | 1 | $ 172,000 | $ 172,000 | $ 91,000 |
| Winona County Minnesota | 1 | $ 128,000 | $ 128,000 | $ 55,000 |
| Burleigh County North Dakota | 1 | $ 34,000 | $ 34,000 | $ 74,000 |
| Grand Forks County North Dakota | 1 | $ 90,000 | $ 90,000 | $ 29,000 |
| Butler County Ohio | 1 | $ 150,000 | $ 150,000 | $ 42,000 |
| Yankton County South Dakota | 1 | $ 80,000 | $ 80,000 | $ 21,000 |
| Tarrant County Texas | 1 | $ 130,000 | $ 130,000 | $ 24,000 |
| Adams County Wisconsin | 1 | $ 85,000 | $ 85,000 | $ 30,000 |
| Chippewa County Wisconsin | 1 | $ 95,000 | $ 95,000 | $ 67,000 |
| Door County Wisconsin | 1 | $ 102,000 | $ 102,000 | $ 89,000 |
| La Crosse County Wisconsin | 1 | $ 158,000 | $ 158,000 | $ 95,000 |
| Outagamie County Wisconsin | 1 | $ 71,000 | $ 71,000 | $ 65,000 |
| Rock County Wisconsin | 1 | $ 14,000 | $ 14,000 | $ 43,000 |
| Rusk County Wisconsin | 1 | $ 145,000 | $ 145,000 | $ 40,000 |
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 Optimum Mortgage Services, Inc in 2006
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 | 672 | $125,294,000 | $186,000 | $728,000 | $67,000 | $1,780,000 |
| Home Purchase | 362 | $66,128,000 | $182,000 | $680,000 | $92,000 | $4,500,000 |
| Home Improvement | 8 | $1,349,000 | $168,000 | $400,000 | $70,000 | $157,000 |
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 | 945 | $174,368,000 | $184,000 | $728,000 | $74,000 | $4,500,000 |
| Black or African American | 38 | $7,455,000 | $196,000 | $700,000 | $144,000 | $1,780,000 |
| Not Provided | 28 | $5,128,000 | $183,000 | $400,000 | $50,000 | $196,000 |
| Hispanic | 14 | $2,334,000 | $166,000 | $280,000 | $41,000 | $140,000 |
| Asian | 13 | $2,256,000 | $173,000 | $600,000 | $62,000 | $177,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $668,000 | $222,000 | $300,000 | $51,000 | $72,000 |
| American Indian or Alaskan Native | 1 | $562,000 | $562,000 | $562,000 | $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) | 930 | $175,067,000 | $188,000 | $728,000 | $79,000 | $4,500,000 |
| FHA-insured (Federal Housing Administration) | 106 | $16,867,000 | $159,000 | $246,000 | $51,000 | $146,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $337,000 | $112,000 | $125,000 | $32,000 | $40,000 |
| VA-guaranteed (Veterans Administration) | 3 | $500,000 | $166,000 | $195,000 | $45,000 | $49,000 |
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 |
|---|---|---|---|---|---|---|
| Application Withdrawn By Applicant | 573 | $102,676,000 | $179,000 | $728,000 | $82,000 | $4,500,000 |
| Loan Originated | 318 | $63,207,000 | $198,000 | $650,000 | $76,000 | $1,486,000 |
| Application Denied By Financial Institution | 131 | $23,781,000 | $181,000 | $700,000 | $50,000 | $240,000 |
| Application Approved But Not Accepted | 20 | $3,107,000 | $155,000 | $409,000 | $59,000 | $174,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 112 | $20,983,000 | $187,000 | $700,000 | $49,000 | $196,000 |
| Collateral | 10 | $1,437,000 | $143,000 | $347,000 | $76,000 | $240,000 |
| Debt-To-Income Ratio | 4 | $714,000 | $178,000 | $208,000 | $32,000 | $42,000 |
| Credit Application Incomplete | 2 | $326,000 | $163,000 | $226,000 | $27,000 | $54,000 |
| Mortgage Insurance Denied | 1 | $149,000 | $149,000 | $149,000 | $0 | $0 |
| Other | 1 | $118,000 | $118,000 | $118,000 | $0 | $0 |
| Unverifiable Information | 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 |
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.