Summit Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2015
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 | 4,579 |
| Total Mortgage Loan Application Amount | $969,663,000 |
| Average Mortgage Loan Application Amount | $173,666 |
| Highest Mortgage Loan Application Amount | $1,580,000 |
| Average Applicant Income | $85,333 |
| Highest Applicant Income | $2,037,000 |
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 | 842 | $ 180,848,000 | $ 214,000 | $ 97,000 |
| Ramsey County Minnesota | 335 | $ 52,123,000 | $ 155,000 | $ 70,000 |
| Collier County Florida | 318 | $ 84,613,000 | $ 266,000 | $ 145,000 |
| Dakota County Minnesota | 207 | $ 40,628,000 | $ 196,000 | $ 92,000 |
| Orange County Florida | 204 | $ 39,536,000 | $ 193,000 | $ 83,000 |
| Anoka County Minnesota | 184 | $ 33,670,000 | $ 182,000 | $ 74,000 |
| Denver County Colorado | 170 | $ 41,836,000 | $ 246,000 | $ 94,000 |
| Lee County Florida | 135 | $ 28,599,000 | $ 211,000 | $ 130,000 |
| Scott County Minnesota | 120 | $ 24,713,000 | $ 205,000 | $ 89,000 |
| Lake County Florida | 111 | $ 21,714,000 | $ 195,000 | $ 88,000 |
| Osceola County Florida | 111 | $ 18,195,000 | $ 163,000 | $ 62,000 |
| Bucks County Pennsylvania | 98 | $ 22,491,000 | $ 229,000 | $ 96,000 |
| Jefferson County Colorado | 95 | $ 24,504,000 | $ 257,000 | $ 97,000 |
| Washington County Minnesota | 90 | $ 20,042,000 | $ 222,000 | $ 92,000 |
| Adams County Colorado | 87 | $ 20,823,000 | $ 239,000 | $ 73,000 |
| Arapahoe County Colorado | 87 | $ 21,040,000 | $ 241,000 | $ 82,000 |
| Wayne County Pennsylvania | 83 | $ 13,117,000 | $ 158,000 | $ 82,000 |
| San Diego County California | 76 | $ 28,700,000 | $ 377,000 | $ 137,000 |
| Carver County Minnesota | 63 | $ 15,596,000 | $ 247,000 | $ 106,000 |
| Douglas County Colorado | 56 | $ 18,434,000 | $ 329,000 | $ 139,000 |
| Ada County Idaho | 56 | $ 12,374,000 | $ 220,000 | $ 98,000 |
| Los Angeles County California | 46 | $ 13,174,000 | $ 286,000 | $ 77,000 |
| Seminole County Florida | 46 | $ 8,914,000 | $ 193,000 | $ 83,000 |
| Polk County Florida | 43 | $ 7,303,000 | $ 169,000 | $ 74,000 |
| Lynchburg County Virginia | 42 | $ 5,255,000 | $ 125,000 | $ 57,000 |
| Susquehanna County Pennsylvania | 39 | $ 6,839,000 | $ 175,000 | $ 63,000 |
| Clackamas County Oregon | 38 | $ 12,696,000 | $ 334,000 | $ 128,000 |
| Wright County Minnesota | 37 | $ 7,989,000 | $ 215,000 | $ 88,000 |
| Monroe County Pennsylvania | 35 | $ 5,977,000 | $ 170,000 | $ 75,000 |
| Monterey County California | 34 | $ 10,372,000 | $ 305,000 | $ 84,000 |
| Campbell County Virginia | 34 | $ 4,975,000 | $ 146,000 | $ 62,000 |
| Canyon County Idaho | 29 | $ 4,888,000 | $ 168,000 | $ 72,000 |
| Amherst County Virginia | 25 | $ 3,494,000 | $ 139,000 | $ 68,000 |
| Bedford County Virginia | 23 | $ 4,404,000 | $ 191,000 | $ 82,000 |
| Sherburne County Minnesota | 22 | $ 4,060,000 | $ 184,000 | $ 70,000 |
| Pike County Pennsylvania | 21 | $ 3,165,000 | $ 150,000 | $ 86,000 |
| Philadelphia County Pennsylvania | 19 | $ 2,975,000 | $ 156,000 | $ 58,000 |
| St. Louis County Minnesota | 17 | $ 2,561,000 | $ 150,000 | $ 61,000 |
| Riverside County California | 16 | $ 4,311,000 | $ 269,000 | $ 89,000 |
| Chisago County Minnesota | 14 | $ 3,541,000 | $ 252,000 | $ 80,000 |
| St. Croix County Wisconsin | 14 | $ 3,694,000 | $ 263,000 | $ 117,000 |
| Polk County Iowa | 13 | $ 2,600,000 | $ 200,000 | $ 102,000 |
| Appomattox County Virginia | 13 | $ 1,767,000 | $ 135,000 | $ 62,000 |
| San Bernardino County California | 12 | $ 2,590,000 | $ 215,000 | $ 106,000 |
| Volusia County Florida | 12 | $ 1,793,000 | $ 149,000 | $ 89,000 |
| Brevard County Florida | 11 | $ 1,777,000 | $ 161,000 | $ 50,000 |
| El Paso County Colorado | 10 | $ 2,167,000 | $ 216,000 | $ 87,000 |
| Goodhue County Minnesota | 10 | $ 1,114,000 | $ 111,000 | $ 88,000 |
| Rice County Minnesota | 10 | $ 2,158,000 | $ 215,000 | $ 107,000 |
| Crow Wing County Minnesota | 9 | $ 1,934,000 | $ 214,000 | $ 138,000 |
| Isanti County Minnesota | 9 | $ 1,293,000 | $ 143,000 | $ 50,000 |
| Weld County Colorado | 8 | $ 1,551,000 | $ 193,000 | $ 85,000 |
| Hillsborough County Florida | 8 | $ 1,554,000 | $ 194,000 | $ 75,000 |
| Sarasota County Florida | 8 | $ 1,360,000 | $ 170,000 | $ 143,000 |
| Lackawanna County Pennsylvania | 8 | $ 1,387,000 | $ 173,000 | $ 79,000 |
| Montgomery County Pennsylvania | 8 | $ 1,873,000 | $ 234,000 | $ 98,000 |
| Mille Lacs County Minnesota | 7 | $ 777,000 | $ 111,000 | $ 45,000 |
| Stearns County Minnesota | 7 | $ 893,000 | $ 127,000 | $ 52,000 |
| Broomfield County Colorado | 6 | $ 1,575,000 | $ 262,000 | $ 90,000 |
| Grand County Colorado | 6 | $ 801,000 | $ 133,000 | $ 100,000 |
| Douglas County Minnesota | 6 | $ 1,423,000 | $ 237,000 | $ 301,000 |
| Boulder County Colorado | 5 | $ 1,037,000 | $ 207,000 | $ 47,000 |
| Owyhee County Idaho | 5 | $ 669,000 | $ 133,000 | $ 43,000 |
| Itasca County Minnesota | 5 | $ 449,000 | $ 89,000 | $ 59,000 |
| Pine County Minnesota | 5 | $ 844,000 | $ 168,000 | $ 56,000 |
| Union County New Jersey | 5 | $ 1,237,000 | $ 247,000 | $ 77,000 |
| Waukesha County Wisconsin | 5 | $ 926,000 | $ 185,000 | $ 76,000 |
| Santa Cruz County California | 4 | $ 1,848,000 | $ 462,000 | $ 142,000 |
| Kent County Michigan | 4 | $ 592,000 | $ 148,000 | $ 85,000 |
| Benton County Minnesota | 4 | $ 503,000 | $ 125,000 | $ 70,000 |
| Cass County Minnesota | 4 | $ 1,000,000 | $ 250,000 | $ 161,000 |
| Kandiyohi County Minnesota | 4 | $ 771,000 | $ 192,000 | $ 107,000 |
| Olmsted County Minnesota | 4 | $ 1,064,000 | $ 266,000 | $ 131,000 |
| Multnomah County Oregon | 4 | $ 1,154,000 | $ 288,000 | $ 69,000 |
| Delaware County Pennsylvania | 4 | $ 985,000 | $ 246,000 | $ 101,000 |
| Dunn County Wisconsin | 4 | $ 523,000 | $ 130,000 | $ 53,000 |
| Park County Colorado | 3 | $ 518,000 | $ 172,000 | $ 101,000 |
| Pinellas County Florida | 3 | $ 500,000 | $ 166,000 | $ 127,000 |
| Dallas County Iowa | 3 | $ 706,000 | $ 235,000 | $ 94,000 |
| Brown County Minnesota | 3 | $ 659,000 | $ 219,000 | $ 108,000 |
| Carlton County Minnesota | 3 | $ 437,000 | $ 145,000 | $ 109,000 |
| Kanabec County Minnesota | 3 | $ 399,000 | $ 133,000 | $ 44,000 |
| Lake County Minnesota | 3 | $ 387,000 | $ 129,000 | $ 85,000 |
| Morrison County Minnesota | 3 | $ 560,000 | $ 186,000 | $ 53,000 |
| Otter Tail County Minnesota | 3 | $ 366,000 | $ 122,000 | $ 60,000 |
| Middlesex County New Jersey | 3 | $ 490,000 | $ 163,000 | $ 76,000 |
| Washington County Oregon | 3 | $ 729,000 | $ 243,000 | $ 98,000 |
| Berks County Pennsylvania | 3 | $ 650,000 | $ 216,000 | $ 74,000 |
| Nelson County Virginia | 3 | $ 349,000 | $ 116,000 | $ 67,000 |
| Pittsylvania County Virginia | 3 | $ 266,000 | $ 88,000 | $ 60,000 |
| Barron County Wisconsin | 3 | $ 608,000 | $ 202,000 | $ 74,000 |
| La Crosse County Wisconsin | 3 | $ 1,142,000 | $ 380,000 | $ 117,000 |
| Milwaukee County Wisconsin | 3 | $ 541,000 | $ 180,000 | $ 65,000 |
| Pierce County Wisconsin | 3 | $ 517,000 | $ 172,000 | $ 59,000 |
| Racine County Wisconsin | 3 | $ 618,000 | $ 206,000 | $ 102,000 |
| Sheboygan County Wisconsin | 3 | $ 584,000 | $ 194,000 | $ 67,000 |
| Washington County Wisconsin | 3 | $ 495,000 | $ 165,000 | $ 91,000 |
| El Dorado County California | 2 | $ 719,000 | $ 359,000 | $ 119,000 |
| Merced County California | 2 | $ 308,000 | $ 154,000 | $ 56,000 |
| Larimer County Colorado | 2 | $ 472,000 | $ 236,000 | $ 144,000 |
| Summit County Colorado | 2 | $ 991,000 | $ 495,000 | $ 186,000 |
| Broward County Florida | 2 | $ 753,000 | $ 376,000 | $ 132,000 |
| Sumter County Florida | 2 | $ 348,000 | $ 174,000 | $ 45,000 |
| Payette County Idaho | 2 | $ 336,000 | $ 168,000 | $ 71,000 |
| Valley County Idaho | 2 | $ 610,000 | $ 305,000 | $ 109,000 |
| Montcalm County Michigan | 2 | $ 200,000 | $ 100,000 | $ 59,000 |
| Aitkin County Minnesota | 2 | $ 213,000 | $ 106,000 | $ 49,000 |
| Clay County Minnesota | 2 | $ 351,000 | $ 175,000 | $ 77,000 |
| Fillmore County Minnesota | 2 | $ 265,000 | $ 132,000 | $ 64,000 |
| Freeborn County Minnesota | 2 | $ 260,000 | $ 130,000 | $ 78,000 |
| Hubbard County Minnesota | 2 | $ 674,000 | $ 337,000 | $ 89,000 |
| Le Sueur County Minnesota | 2 | $ 294,000 | $ 147,000 | $ 22,000 |
| Martin County Minnesota | 2 | $ 161,000 | $ 80,000 | $ 16,000 |
| McLeod County Minnesota | 2 | $ 220,000 | $ 110,000 | $ 54,000 |
| Meeker County Minnesota | 2 | $ 179,000 | $ 89,000 | $ 50,000 |
| Nobles County Minnesota | 2 | $ 358,000 | $ 179,000 | $ 25,000 |
| Sibley County Minnesota | 2 | $ 153,000 | $ 76,000 | $ 53,000 |
| Stevens County Minnesota | 2 | $ 178,000 | $ 89,000 | $ 50,000 |
| Wabasha County Minnesota | 2 | $ 215,000 | $ 107,000 | $ 62,000 |
| Winona County Minnesota | 2 | $ 246,000 | $ 123,000 | $ 52,000 |
| Burlington County New Jersey | 2 | $ 375,000 | $ 187,000 | $ 62,000 |
| Carbon County Pennsylvania | 2 | $ 151,000 | $ 75,000 | $ 88,000 |
| Roanoke County Virginia | 2 | $ 352,000 | $ 176,000 | $ 54,000 |
| Roanoke City County Virginia | 2 | $ 265,000 | $ 132,000 | $ 38,000 |
| Brown County Wisconsin | 2 | $ 253,000 | $ 126,000 | $ 58,000 |
| Burnett County Wisconsin | 2 | $ 173,000 | $ 86,000 | $ 53,000 |
| Chippewa County Wisconsin | 2 | $ 333,000 | $ 166,000 | $ 71,000 |
| Dane County Wisconsin | 2 | $ 302,000 | $ 151,000 | $ 98,000 |
| Eau Claire County Wisconsin | 2 | $ 226,000 | $ 113,000 | $ 62,000 |
| Manitowoc County Wisconsin | 2 | $ 796,000 | $ 398,000 | $ 150,000 |
| Outagamie County Wisconsin | 2 | $ 625,000 | $ 312,000 | $ 118,000 |
| Polk County Wisconsin | 2 | $ 340,000 | $ 170,000 | $ 58,000 |
| Walworth County Wisconsin | 2 | $ 331,000 | $ 165,000 | $ 48,000 |
| Contra Costa County California | 1 | $ 194,000 | $ 194,000 | $ 59,000 |
| Kern County California | 1 | $ 276,000 | $ 276,000 | $ 70,000 |
| Orange County California | 1 | $ 650,000 | $ 650,000 | $ 155,000 |
| Sacramento County California | 1 | $ 106,000 | $ 106,000 | $ 59,000 |
| Santa Clara County California | 1 | $ 398,000 | $ 398,000 | $ 79,000 |
| Sonoma County California | 1 | $ 329,000 | $ 329,000 | $ 54,000 |
| Stanislaus County California | 1 | $ 281,000 | $ 281,000 | $ 107,000 |
| Elbert County Colorado | 1 | $ 254,000 | $ 254,000 | $ 97,000 |
| Logan County Colorado | 1 | $ 70,000 | $ 70,000 | $ 87,000 |
| Pueblo County Colorado | 1 | $ 238,000 | $ 238,000 | $ 137,000 |
| Routt County Colorado | 1 | $ 264,000 | $ 264,000 | $ 58,000 |
| Teller County Colorado | 1 | $ 214,000 | $ 214,000 | $ 43,000 |
| Yuma County Colorado | 1 | $ 118,000 | $ 118,000 | $ 25,000 |
| Charlotte County Florida | 1 | $ 138,000 | $ 138,000 | $ 47,000 |
| Hernando County Florida | 1 | $ 101,000 | $ 101,000 | $ 63,000 |
| Indian River County Florida | 1 | $ 143,000 | $ 143,000 | $ 45,000 |
| Manatee County Florida | 1 | $ 241,000 | $ 241,000 | $ 62,000 |
| Marion County Florida | 1 | $ 88,000 | $ 88,000 | $ 128,000 |
| Miami-Dade County Florida | 1 | $ 196,000 | $ 196,000 | $ 66,000 |
| Monroe County Florida | 1 | $ 415,000 | $ 415,000 | $ 305,000 |
| Palm Beach County Florida | 1 | $ 319,000 | $ 319,000 | $ 72,000 |
| Boise County Idaho | 1 | $ 156,000 | $ 156,000 | $ 129,000 |
| Gem County Idaho | 1 | $ 103,000 | $ 103,000 | $ 86,000 |
| Kootenai County Idaho | 1 | $ 113,000 | $ 113,000 | $ 21,000 |
| Warren County Iowa | 1 | $ 220,000 | $ 220,000 | $ 101,000 |
| Ingham County Michigan | 1 | $ 142,000 | $ 142,000 | $ 56,000 |
| Ionia County Michigan | 1 | $ 121,000 | $ 121,000 | $ 53,000 |
| Ottawa County Michigan | 1 | $ 118,000 | $ 118,000 | $ 37,000 |
| Tuscola County Michigan | 1 | $ 149,000 | $ 149,000 | $ 124,000 |
| Becker County Minnesota | 1 | $ 127,000 | $ 127,000 | $ 54,000 |
| Cook County Minnesota | 1 | $ 153,000 | $ 153,000 | $ 41,000 |
| Faribault County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 58,000 |
| Jackson County Minnesota | 1 | $ 133,000 | $ 133,000 | $ 127,000 |
| Nicollet County Minnesota | 1 | $ 91,000 | $ 91,000 | $ 19,000 |
| Pope County Minnesota | 1 | $ 302,000 | $ 302,000 | $ 70,000 |
| Rock County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 55,000 |
| Todd County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 65,000 |
| Waseca County Minnesota | 1 | $ 224,000 | $ 224,000 | $ 68,000 |
| Essex County New Jersey | 1 | $ 225,000 | $ 225,000 | $ 51,000 |
| Gloucester County New Jersey | 1 | $ 208,000 | $ 208,000 | $ 52,000 |
| Passaic County New Jersey | 1 | $ 100,000 | $ 100,000 | $ 62,000 |
| Deschutes County Oregon | 1 | $ 172,000 | $ 172,000 | $ 93,000 |
| Jackson County Oregon | 1 | $ 344,000 | $ 344,000 | $ 108,000 |
| Lincoln County Oregon | 1 | $ 140,000 | $ 140,000 | $ 112,000 |
| Linn County Oregon | 1 | $ 63,000 | $ 63,000 | $ 21,000 |
| Yamhill County Oregon | 1 | $ 102,000 | $ 102,000 | $ 77,000 |
| Potter County Pennsylvania | 1 | $ 185,000 | $ 185,000 | $ 37,000 |
| Wyoming County Pennsylvania | 1 | $ 78,000 | $ 78,000 | $ 38,000 |
| Collin County Texas | 1 | $ 255,000 | $ 255,000 | $ 114,000 |
| Dallas County Texas | 1 | $ 104,000 | $ 104,000 | $ 68,000 |
| Fort Bend County Texas | 1 | $ 344,000 | $ 344,000 | $ 149,000 |
| Kerr County Texas | 1 | $ 108,000 | $ 108,000 | $ 33,000 |
| Palo Pinto County Texas | 1 | $ 88,000 | $ 88,000 | $ 29,000 |
| Tarrant County Texas | 1 | $ 77,000 | $ 77,000 | $ 42,000 |
| Charlotte County Virginia | 1 | $ 105,000 | $ 105,000 | $ 74,000 |
| Fairfax County Virginia | 1 | $ 564,000 | $ 564,000 | $ 519,000 |
| Greensville County Virginia | 1 | $ 91,000 | $ 91,000 | $ 72,000 |
| Henrico County Virginia | 1 | $ 117,000 | $ 117,000 | $ 44,000 |
| Henry County Virginia | 1 | $ 189,000 | $ 189,000 | $ 42,000 |
| Rockbridge County Virginia | 1 | $ 243,000 | $ 243,000 | $ 85,000 |
| Calumet County Wisconsin | 1 | $ 130,000 | $ 130,000 | $ 47,000 |
| Columbia County Wisconsin | 1 | $ 100,000 | $ 100,000 | $ 48,000 |
| Door County Wisconsin | 1 | $ 1,169,000 | $ 1,169,000 | $ 376,000 |
| Douglas County Wisconsin | 1 | $ 132,000 | $ 132,000 | $ 67,000 |
| Florence County Wisconsin | 1 | $ 224,000 | $ 224,000 | $ 215,000 |
| Forest County Wisconsin | 1 | $ 240,000 | $ 240,000 | $ 172,000 |
| Green County Wisconsin | 1 | $ 172,000 | $ 172,000 | $ 69,000 |
| Iowa County Wisconsin | 1 | $ 93,000 | $ 93,000 | $ 72,000 |
| Kenosha County Wisconsin | 1 | $ 207,000 | $ 207,000 | $ 64,000 |
| Marathon County Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 35,000 |
| Marinette County Wisconsin | 1 | $ 124,000 | $ 124,000 | $ 47,000 |
| Ozaukee County Wisconsin | 1 | $ 126,000 | $ 126,000 | $ 56,000 |
| Shawano County Wisconsin | 1 | $ 223,000 | $ 223,000 | $ 74,000 |
| Vernon County Wisconsin | 1 | $ 249,000 | $ 249,000 | $ 67,000 |
| Washburn County Wisconsin | 1 | $ 193,000 | $ 193,000 | $ 139,000 |
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 2015
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 | 3,224 | $678,184,000 | $210,000 | $1,580,000 | $90,000 | $2,037,000 |
| Refinancing | 1,213 | $279,922,000 | $230,000 | $1,479,000 | $102,000 | $816,000 |
| Home Improvement | 142 | $11,557,000 | $81,000 | $650,000 | $64,000 | $281,000 |
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 | 3,115 | $681,013,000 | $218,000 | $1,479,000 | $99,000 | $2,037,000 |
| Hispanic | 591 | $109,318,000 | $184,000 | $1,580,000 | $65,000 | $672,000 |
| Not Provided | 425 | $103,915,000 | $244,000 | $1,120,000 | $107,000 | $757,000 |
| Asian | 279 | $44,286,000 | $158,000 | $744,000 | $69,000 | $361,000 |
| Black or African American | 157 | $27,896,000 | $177,000 | $432,000 | $71,000 | $631,000 |
| Native Hawaiian or Other Pacific Islander | 7 | $2,140,000 | $305,000 | $430,000 | $147,000 | $287,000 |
| American Indian or Alaskan Native | 5 | $1,095,000 | $219,000 | $352,000 | $60,000 | $93,000 |
| 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) | 2,886 | $624,529,000 | $216,000 | $1,580,000 | $106,000 | $2,037,000 |
| FHA-insured (Federal Housing Administration) | 1,333 | $261,011,000 | $195,000 | $550,000 | $67,000 | $407,000 |
| VA-guaranteed (Veterans Administration) | 281 | $72,087,000 | $256,000 | $960,000 | $86,000 | $757,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 79 | $12,036,000 | $152,000 | $362,000 | $49,000 | $87,000 |
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 | 3,540 | $751,818,000 | $212,000 | $1,580,000 | $94,000 | $2,037,000 |
| Application Withdrawn By Applicant | 643 | $138,148,000 | $214,000 | $1,479,000 | $94,000 | $1,262,000 |
| Application Denied By Financial Institution | 276 | $53,504,000 | $193,000 | $869,000 | $68,000 | $634,000 |
| Application Approved But Not Accepted | 102 | $22,637,000 | $221,000 | $613,000 | $94,000 | $486,000 |
| File Closed For Incompleteness | 18 | $3,556,000 | $197,000 | $424,000 | $99,000 | $239,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 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 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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.