Summit Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2014
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 Summit Mortgage Corporation.
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 | Summit Mortgage Corporation 13355 10Th Ave N, Suite 100 Plymouth, MN 55441 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 2,967 |
| Total Mortgage Loan Application Amount | $618,660,000 |
| Average Mortgage Loan Application Amount | $203,000 |
| Highest Mortgage Loan Application Amount | $1,690,000 |
| Average Applicant Income | $89,333 |
| Highest Applicant Income | $1,594,000 |
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 | 431 | $ 94,922,000 | $ 220,000 | $ 104,000 |
| Collier County Florida | 242 | $ 59,700,000 | $ 246,000 | $ 144,000 |
| Ramsey County Minnesota | 153 | $ 24,951,000 | $ 163,000 | $ 65,000 |
| Denver County Colorado | 144 | $ 37,750,000 | $ 262,000 | $ 108,000 |
| Dakota County Minnesota | 132 | $ 27,444,000 | $ 207,000 | $ 97,000 |
| Orange County Florida | 131 | $ 25,041,000 | $ 191,000 | $ 84,000 |
| Anoka County Minnesota | 99 | $ 17,185,000 | $ 173,000 | $ 71,000 |
| Bucks County Pennsylvania | 94 | $ 19,019,000 | $ 202,000 | $ 81,000 |
| Lake County Florida | 79 | $ 14,181,000 | $ 179,000 | $ 79,000 |
| Wayne County Pennsylvania | 79 | $ 12,274,000 | $ 155,000 | $ 84,000 |
| Adams County Colorado | 76 | $ 18,205,000 | $ 239,000 | $ 81,000 |
| Washington County Minnesota | 68 | $ 16,724,000 | $ 245,000 | $ 106,000 |
| Arapahoe County Colorado | 67 | $ 14,165,000 | $ 211,000 | $ 78,000 |
| Lee County Florida | 67 | $ 13,256,000 | $ 197,000 | $ 155,000 |
| Scott County Minnesota | 65 | $ 15,569,000 | $ 239,000 | $ 93,000 |
| San Diego County California | 51 | $ 20,325,000 | $ 398,000 | $ 127,000 |
| Jefferson County Colorado | 44 | $ 11,872,000 | $ 269,000 | $ 99,000 |
| Osceola County Florida | 38 | $ 6,241,000 | $ 164,000 | $ 67,000 |
| Wright County Minnesota | 38 | $ 7,060,000 | $ 185,000 | $ 76,000 |
| Carver County Minnesota | 34 | $ 7,837,000 | $ 230,000 | $ 100,000 |
| Lynchburg County Virginia | 32 | $ 4,340,000 | $ 135,000 | $ 68,000 |
| Monterey County California | 31 | $ 7,696,000 | $ 248,000 | $ 68,000 |
| Douglas County Colorado | 31 | $ 10,339,000 | $ 333,000 | $ 126,000 |
| Seminole County Florida | 31 | $ 5,241,000 | $ 169,000 | $ 80,000 |
| Susquehanna County Pennsylvania | 30 | $ 4,091,000 | $ 136,000 | $ 69,000 |
| Campbell County Virginia | 28 | $ 4,234,000 | $ 151,000 | $ 64,000 |
| Clackamas County Oregon | 27 | $ 6,209,000 | $ 229,000 | $ 88,000 |
| Ada County Idaho | 25 | $ 4,412,000 | $ 176,000 | $ 68,000 |
| Pike County Pennsylvania | 23 | $ 3,007,000 | $ 130,000 | $ 90,000 |
| Amherst County Virginia | 23 | $ 3,024,000 | $ 131,000 | $ 54,000 |
| Canyon County Idaho | 20 | $ 2,714,000 | $ 135,000 | $ 71,000 |
| Monroe County Pennsylvania | 19 | $ 3,004,000 | $ 158,000 | $ 87,000 |
| Chesterfield County Virginia | 19 | $ 4,261,000 | $ 224,000 | $ 105,000 |
| Sherburne County Minnesota | 15 | $ 2,502,000 | $ 166,000 | $ 81,000 |
| Bedford County Virginia | 15 | $ 2,806,000 | $ 187,000 | $ 55,000 |
| Isanti County Minnesota | 14 | $ 1,821,000 | $ 130,000 | $ 50,000 |
| Los Angeles County California | 12 | $ 3,610,000 | $ 300,000 | $ 82,000 |
| Riverside County California | 12 | $ 3,244,000 | $ 270,000 | $ 121,000 |
| Volusia County Florida | 12 | $ 1,441,000 | $ 120,000 | $ 65,000 |
| Chisago County Minnesota | 12 | $ 1,964,000 | $ 163,000 | $ 67,000 |
| Weld County Colorado | 11 | $ 2,401,000 | $ 218,000 | $ 76,000 |
| Polk County Florida | 11 | $ 1,467,000 | $ 133,000 | $ 46,000 |
| Kent County Michigan | 9 | $ 1,267,000 | $ 140,000 | $ 60,000 |
| Rice County Minnesota | 9 | $ 1,872,000 | $ 208,000 | $ 57,000 |
| Multnomah County Oregon | 9 | $ 2,824,000 | $ 313,000 | $ 209,000 |
| Polk County Iowa | 8 | $ 1,124,000 | $ 140,000 | $ 60,000 |
| Crow Wing County Minnesota | 8 | $ 1,830,000 | $ 228,000 | $ 139,000 |
| Lackawanna County Pennsylvania | 8 | $ 1,038,000 | $ 129,000 | $ 65,000 |
| Henrico County Virginia | 8 | $ 2,233,000 | $ 279,000 | $ 75,000 |
| Racine County Wisconsin | 8 | $ 1,195,000 | $ 149,000 | $ 86,000 |
| St. Croix County Wisconsin | 8 | $ 1,671,000 | $ 208,000 | $ 108,000 |
| Boulder County Colorado | 7 | $ 1,778,000 | $ 254,000 | $ 106,000 |
| Brevard County Florida | 7 | $ 974,000 | $ 139,000 | $ 60,000 |
| Blue Earth County Minnesota | 7 | $ 1,060,000 | $ 151,000 | $ 63,000 |
| Philadelphia County Pennsylvania | 7 | $ 886,000 | $ 126,000 | $ 53,000 |
| Amelia County Virginia | 7 | $ 998,000 | $ 142,000 | $ 49,000 |
| St. Louis County Minnesota | 6 | $ 986,000 | $ 164,000 | $ 50,000 |
| Appomattox County Virginia | 6 | $ 777,000 | $ 129,000 | $ 70,000 |
| Powhatan County Virginia | 6 | $ 862,000 | $ 143,000 | $ 55,000 |
| Aitkin County Minnesota | 5 | $ 1,035,000 | $ 207,000 | $ 123,000 |
| Goodhue County Minnesota | 5 | $ 926,000 | $ 185,000 | $ 72,000 |
| Pine County Minnesota | 5 | $ 677,000 | $ 135,000 | $ 64,000 |
| Dinwiddie County Virginia | 5 | $ 659,000 | $ 131,000 | $ 43,000 |
| Hanover County Virginia | 5 | $ 1,187,000 | $ 237,000 | $ 152,000 |
| Dane County Wisconsin | 5 | $ 908,000 | $ 181,000 | $ 91,000 |
| Milwaukee County Wisconsin | 5 | $ 811,000 | $ 162,000 | $ 84,000 |
| Merced County California | 4 | $ 674,000 | $ 168,000 | $ 49,000 |
| Summit County Colorado | 4 | $ 2,292,000 | $ 573,000 | $ 248,000 |
| Owyhee County Idaho | 4 | $ 579,000 | $ 144,000 | $ 56,000 |
| Douglas County Minnesota | 4 | $ 527,000 | $ 131,000 | $ 88,000 |
| Itasca County Minnesota | 4 | $ 380,000 | $ 95,000 | $ 65,000 |
| Le Sueur County Minnesota | 4 | $ 683,000 | $ 170,000 | $ 80,000 |
| Stearns County Minnesota | 4 | $ 565,000 | $ 141,000 | $ 102,000 |
| Montgomery County Pennsylvania | 4 | $ 666,000 | $ 166,000 | $ 62,000 |
| Prince George County Virginia | 4 | $ 730,000 | $ 182,000 | $ 59,000 |
| Kenosha County Wisconsin | 4 | $ 652,000 | $ 163,000 | $ 66,000 |
| Pueblo County Colorado | 3 | $ 528,000 | $ 176,000 | $ 71,000 |
| Dallas County Iowa | 3 | $ 1,100,000 | $ 366,000 | $ 112,000 |
| Beltrami County Minnesota | 3 | $ 629,000 | $ 209,000 | $ 85,000 |
| Cass County Minnesota | 3 | $ 978,000 | $ 326,000 | $ 133,000 |
| Kanabec County Minnesota | 3 | $ 418,000 | $ 139,000 | $ 85,000 |
| Kandiyohi County Minnesota | 3 | $ 344,000 | $ 114,000 | $ 71,000 |
| McLeod County Minnesota | 3 | $ 327,000 | $ 109,000 | $ 47,000 |
| Sibley County Minnesota | 3 | $ 600,000 | $ 200,000 | $ 81,000 |
| Lincoln County Oregon | 3 | $ 499,000 | $ 166,000 | $ 76,000 |
| Washington County Oregon | 3 | $ 930,000 | $ 310,000 | $ 73,000 |
| Caroline County Virginia | 3 | $ 344,000 | $ 114,000 | $ 67,000 |
| Brown County Wisconsin | 3 | $ 339,000 | $ 113,000 | $ 51,000 |
| Dunn County Wisconsin | 3 | $ 388,000 | $ 129,000 | $ 86,000 |
| Orange County California | 2 | $ 879,000 | $ 439,000 | $ 131,000 |
| San Bernardino County California | 2 | $ 422,000 | $ 211,000 | $ 45,000 |
| Santa Clara County California | 2 | $ 944,000 | $ 472,000 | $ 143,000 |
| Broward County Florida | 2 | $ 515,000 | $ 257,000 | $ 178,000 |
| Charlotte County Florida | 2 | $ 199,000 | $ 99,000 | $ 62,000 |
| St. Lucie County Florida | 2 | $ 279,000 | $ 139,000 | $ 32,000 |
| Gem County Idaho | 2 | $ 466,000 | $ 233,000 | $ 95,000 |
| Becker County Minnesota | 2 | $ 441,000 | $ 220,000 | $ 69,000 |
| Benton County Minnesota | 2 | $ 224,000 | $ 112,000 | $ 44,000 |
| Clay County Minnesota | 2 | $ 221,000 | $ 110,000 | $ 70,000 |
| Houston County Minnesota | 2 | $ 363,000 | $ 181,000 | $ 87,000 |
| Hubbard County Minnesota | 2 | $ 565,000 | $ 282,000 | $ 86,000 |
| Lake County Minnesota | 2 | $ 151,000 | $ 75,000 | $ 86,000 |
| Mille Lacs County Minnesota | 2 | $ 239,000 | $ 119,000 | $ 93,000 |
| Morrison County Minnesota | 2 | $ 354,000 | $ 177,000 | $ 77,000 |
| Mower County Minnesota | 2 | $ 244,000 | $ 122,000 | $ 53,000 |
| Polk County Minnesota | 2 | $ 242,000 | $ 121,000 | $ 68,000 |
| Pope County Minnesota | 2 | $ 276,000 | $ 138,000 | $ 29,000 |
| Traverse County Minnesota | 2 | $ 638,000 | $ 319,000 | $ 35,000 |
| Luzerne County Pennsylvania | 2 | $ 124,000 | $ 62,000 | $ 48,000 |
| Hood County Texas | 2 | $ 283,000 | $ 141,000 | $ 74,000 |
| King William County Virginia | 2 | $ 290,000 | $ 145,000 | $ 7,000 |
| Pittsylvania County Virginia | 2 | $ 283,000 | $ 141,000 | $ 96,000 |
| Richmond City County Virginia | 2 | $ 378,000 | $ 189,000 | $ 141,000 |
| Roanoke County Virginia | 2 | $ 413,000 | $ 206,000 | $ 162,000 |
| Burnett County Wisconsin | 2 | $ 271,000 | $ 135,000 | $ 203,000 |
| Douglas County Wisconsin | 2 | $ 366,000 | $ 183,000 | $ 130,000 |
| Fond du Lac County Wisconsin | 2 | $ 450,000 | $ 225,000 | $ 72,000 |
| Outagamie County Wisconsin | 2 | $ 481,000 | $ 240,000 | $ 110,000 |
| Pierce County Wisconsin | 2 | $ 375,000 | $ 187,000 | $ 111,000 |
| Sawyer County Wisconsin | 2 | $ 304,000 | $ 152,000 | $ 79,000 |
| Waukesha County Wisconsin | 2 | $ 377,000 | $ 188,000 | $ 95,000 |
| Archuleta County Colorado | 1 | $ 186,000 | $ 186,000 | $ 66,000 |
| Broomfield County Colorado | 1 | $ 314,000 | $ 314,000 | $ 107,000 |
| Clear Creek County Colorado | 1 | $ 138,000 | $ 138,000 | $ 25,000 |
| Grand County Colorado | 1 | $ 226,000 | $ 226,000 | $ 85,000 |
| Lake County Colorado | 1 | $ 188,000 | $ 188,000 | $ 65,000 |
| Larimer County Colorado | 1 | $ 124,000 | $ 124,000 | $ 135,000 |
| Washington County Colorado | 1 | $ 61,000 | $ 61,000 | $ 46,000 |
| Citrus County Florida | 1 | $ 212,000 | $ 212,000 | $ 68,000 |
| Highlands County Florida | 1 | $ 360,000 | $ 360,000 | $ 214,000 |
| Hillsborough County Florida | 1 | $ 171,000 | $ 171,000 | $ 79,000 |
| Indian River County Florida | 1 | $ 129,000 | $ 129,000 | $ 69,000 |
| Manatee County Florida | 1 | $ 256,000 | $ 256,000 | $ 62,000 |
| Miami-Dade County Florida | 1 | $ 300,000 | $ 300,000 | $ 569,000 |
| Sarasota County Florida | 1 | $ 167,000 | $ 167,000 | $ 98,000 |
| Kootenai County Idaho | 1 | $ 116,000 | $ 116,000 | $ 21,000 |
| Valley County Idaho | 1 | $ 468,000 | $ 468,000 | $ 245,000 |
| Johnson County Iowa | 1 | $ 150,000 | $ 150,000 | $ 31,000 |
| Ingham County Michigan | 1 | $ 131,000 | $ 131,000 | $ 45,000 |
| Newaygo County Michigan | 1 | $ 108,000 | $ 108,000 | $ 37,000 |
| Big Stone County Minnesota | 1 | $ 99,000 | $ 99,000 | $ 60,000 |
| Brown County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 49,000 |
| Carlton County Minnesota | 1 | $ 97,000 | $ 97,000 | $ 32,000 |
| Clearwater County Minnesota | 1 | $ 180,000 | $ 180,000 | $ 70,000 |
| Cook County Minnesota | 1 | $ 283,000 | $ 283,000 | $ 134,000 |
| Dodge County Minnesota | 1 | $ 9,000 | $ 9,000 | $ 68,000 |
| Freeborn County Minnesota | 1 | $ 417,000 | $ 417,000 | $ 124,000 |
| Lyon County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 239,000 |
| Nicollet County Minnesota | 1 | $ 210,000 | $ 210,000 | $ 38,000 |
| Olmsted County Minnesota | 1 | $ 124,000 | $ 124,000 | $ 49,000 |
| Steele County Minnesota | 1 | $ 38,000 | $ 38,000 | $ 196,000 |
| Stevens County Minnesota | 1 | $ 62,000 | $ 62,000 | $ 24,000 |
| Waseca County Minnesota | 1 | $ 224,000 | $ 224,000 | $ 77,000 |
| Winona County Minnesota | 1 | $ 129,000 | $ 129,000 | $ 0 |
| Atlantic County New Jersey | 1 | $ 97,000 | $ 97,000 | $ 59,000 |
| Clatsop County Oregon | 1 | $ 392,000 | $ 392,000 | $ 140,000 |
| Malheur County Oregon | 1 | $ 111,000 | $ 111,000 | $ 54,000 |
| Marion County Oregon | 1 | $ 200,000 | $ 200,000 | $ 51,000 |
| Allegheny County Pennsylvania | 1 | $ 119,000 | $ 119,000 | $ 248,000 |
| Bradford County Pennsylvania | 1 | $ 89,000 | $ 89,000 | $ 40,000 |
| Delaware County Pennsylvania | 1 | $ 245,000 | $ 245,000 | $ 122,000 |
| Lancaster County Pennsylvania | 1 | $ 221,000 | $ 221,000 | $ 56,000 |
| Wyoming County Pennsylvania | 1 | $ 158,000 | $ 158,000 | $ 92,000 |
| Erath County Texas | 1 | $ 112,000 | $ 112,000 | $ 65,000 |
| Llano County Texas | 1 | $ 94,000 | $ 94,000 | $ 59,000 |
| Botetourt County Virginia | 1 | $ 179,000 | $ 179,000 | $ 89,000 |
| Charlottesville County Virginia | 1 | $ 179,000 | $ 179,000 | $ 45,000 |
| Colonial Heights County Virginia | 1 | $ 122,000 | $ 122,000 | $ 61,000 |
| Essex County Virginia | 1 | $ 148,000 | $ 148,000 | $ 48,000 |
| Fairfax County Virginia | 1 | $ 302,000 | $ 302,000 | $ 0 |
| Goochland County Virginia | 1 | $ 389,000 | $ 389,000 | $ 97,000 |
| Hopewell County Virginia | 1 | $ 36,000 | $ 36,000 | $ 36,000 |
| Isle of Wight County Virginia | 1 | $ 268,000 | $ 268,000 | $ 127,000 |
| James City County Virginia | 1 | $ 139,000 | $ 139,000 | $ 51,000 |
| Mathews County Virginia | 1 | $ 234,000 | $ 234,000 | $ 102,000 |
| Nelson County Virginia | 1 | $ 238,000 | $ 238,000 | $ 59,000 |
| New Kent County Virginia | 1 | $ 260,000 | $ 260,000 | $ 54,000 |
| Prince William County Virginia | 1 | $ 240,000 | $ 240,000 | $ 65,000 |
| Pulaski County Virginia | 1 | $ 117,000 | $ 117,000 | $ 25,000 |
| Richmond County Virginia | 1 | $ 66,000 | $ 66,000 | $ 34,000 |
| King County Washington | 1 | $ 318,000 | $ 318,000 | $ 60,000 |
| Barron County Wisconsin | 1 | $ 202,000 | $ 202,000 | $ 63,000 |
| Eau Claire County Wisconsin | 1 | $ 56,000 | $ 56,000 | $ 46,000 |
| Forest County Wisconsin | 1 | $ 68,000 | $ 68,000 | $ 50,000 |
| Green County Wisconsin | 1 | $ 250,000 | $ 250,000 | $ 74,000 |
| Iowa County Wisconsin | 1 | $ 122,000 | $ 122,000 | $ 53,000 |
| Jackson County Wisconsin | 1 | $ 120,000 | $ 120,000 | $ 84,000 |
| Jefferson County Wisconsin | 1 | $ 118,000 | $ 118,000 | $ 31,000 |
| Juneau County Wisconsin | 1 | $ 120,000 | $ 120,000 | $ 89,000 |
| Menominee County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 55,000 |
| Rock County Wisconsin | 1 | $ 102,000 | $ 102,000 | $ 39,000 |
| Shawano County Wisconsin | 1 | $ 243,000 | $ 243,000 | $ 312,000 |
| Sheboygan County Wisconsin | 1 | $ 249,000 | $ 249,000 | $ 173,000 |
| Taylor County Wisconsin | 1 | $ 140,000 | $ 140,000 | $ 60,000 |
| Walworth County Wisconsin | 1 | $ 860,000 | $ 860,000 | $ 261,000 |
| Waupaca County Wisconsin | 1 | $ 117,000 | $ 117,000 | $ 38,000 |
| Wood County Wisconsin | 1 | $ 417,000 | $ 417,000 | $ 284,000 |
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 Summit Mortgage Corporation in 2014
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 | 2,243 | $465,874,000 | $207,000 | $1,690,000 | $95,000 | $1,594,000 |
| Refinancing | 697 | $147,629,000 | $211,000 | $1,204,000 | $93,000 | $644,000 |
| Home Improvement | 27 | $5,157,000 | $191,000 | $518,000 | $80,000 | $317,000 |
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 | 2,230 | $464,955,000 | $208,000 | $1,204,000 | $97,000 | $1,594,000 |
| Hispanic | 278 | $53,645,000 | $192,000 | $722,000 | $66,000 | $347,000 |
| Not Provided | 241 | $61,504,000 | $255,000 | $1,690,000 | $119,000 | $942,000 |
| Asian | 129 | $23,640,000 | $183,000 | $510,000 | $80,000 | $451,000 |
| Black or African American | 78 | $12,835,000 | $164,000 | $388,000 | $57,000 | $150,000 |
| Native Hawaiian or Other Pacific Islander | 8 | $1,393,000 | $174,000 | $260,000 | $66,000 | $105,000 |
| American Indian or Alaskan Native | 3 | $688,000 | $229,000 | $360,000 | $89,000 | $123,000 |
| 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) | 1,933 | $424,674,000 | $219,000 | $1,690,000 | $108,000 | $1,594,000 |
| FHA-insured (Federal Housing Administration) | 728 | $133,469,000 | $183,000 | $531,000 | $66,000 | $228,000 |
| VA-guaranteed (Veterans Administration) | 198 | $44,195,000 | $223,000 | $552,000 | $79,000 | $347,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 108 | $16,322,000 | $151,000 | $338,000 | $52,000 | $105,000 |
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 | 2,383 | $497,203,000 | $208,000 | $1,690,000 | $96,000 | $1,594,000 |
| Application Withdrawn By Applicant | 314 | $68,481,000 | $218,000 | $920,000 | $96,000 | $625,000 |
| Application Denied By Financial Institution | 195 | $36,963,000 | $189,000 | $860,000 | $63,000 | $317,000 |
| Application Approved But Not Accepted | 68 | $14,393,000 | $211,000 | $576,000 | $94,000 | $270,000 |
| File Closed For Incompleteness | 7 | $1,620,000 | $231,000 | $417,000 | $81,000 | $217,000 |
| 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 | 32 | $6,256,000 | $195,000 | $440,000 | $57,000 | $171,000 |
| Debt-To-Income Ratio | 25 | $4,871,000 | $194,000 | $515,000 | $50,000 | $233,000 |
| Credit Application Incomplete | 18 | $4,451,000 | $247,000 | $406,000 | $88,000 | $317,000 |
| Collateral | 17 | $2,528,000 | $148,000 | $388,000 | $68,000 | $192,000 |
| Other | 8 | $1,292,000 | $161,000 | $302,000 | $36,000 | $78,000 |
| Unverifiable Information | 5 | $701,000 | $140,000 | $249,000 | $51,000 | $71,000 |
| Employment History | 4 | $902,000 | $225,000 | $525,000 | $107,000 | $233,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $507,000 | $169,000 | $173,000 | $71,000 | $92,000 |
| Mortgage Insurance Denied | 1 | $125,000 | $125,000 | $125,000 | $51,000 | $51,000 |
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.