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 | 5,651 |
Total Mortgage Loan Application Amount | $1,227,040,000 |
Average Mortgage Loan Application Amount | $214,666 |
Highest Mortgage Loan Application Amount | $2,000,000 |
Average Applicant Income | $95,666 |
Highest Applicant Income | $1,395,000 |
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 | 983 | $ 218,052,000 | $ 221,000 | $ 99,000 |
Ramsey County Minnesota | 388 | $ 63,863,000 | $ 164,000 | $ 83,000 |
Collier County Florida | 329 | $ 85,866,000 | $ 260,000 | $ 131,000 |
Dakota County Minnesota | 309 | $ 63,966,000 | $ 207,000 | $ 98,000 |
Anoka County Minnesota | 226 | $ 41,752,000 | $ 184,000 | $ 80,000 |
Bucks County Pennsylvania | 204 | $ 45,879,000 | $ 224,000 | $ 89,000 |
Lee County Florida | 199 | $ 46,406,000 | $ 233,000 | $ 126,000 |
Orange County Florida | 196 | $ 42,194,000 | $ 215,000 | $ 89,000 |
Washington County Minnesota | 173 | $ 39,145,000 | $ 226,000 | $ 98,000 |
Denver County Colorado | 152 | $ 38,952,000 | $ 256,000 | $ 87,000 |
Scott County Minnesota | 136 | $ 33,937,000 | $ 249,000 | $ 106,000 |
Wayne County Pennsylvania | 128 | $ 19,886,000 | $ 155,000 | $ 86,000 |
Jefferson County Colorado | 107 | $ 28,481,000 | $ 266,000 | $ 96,000 |
Lake County Florida | 94 | $ 20,086,000 | $ 213,000 | $ 95,000 |
Adams County Colorado | 91 | $ 22,776,000 | $ 250,000 | $ 82,000 |
Arapahoe County Colorado | 90 | $ 23,642,000 | $ 262,000 | $ 82,000 |
Carver County Minnesota | 88 | $ 22,768,000 | $ 258,000 | $ 115,000 |
Wright County Minnesota | 82 | $ 17,244,000 | $ 210,000 | $ 91,000 |
Osceola County Florida | 81 | $ 14,339,000 | $ 177,000 | $ 71,000 |
San Diego County California | 75 | $ 30,135,000 | $ 401,000 | $ 139,000 |
Seminole County Florida | 59 | $ 13,606,000 | $ 230,000 | $ 102,000 |
Los Angeles County California | 55 | $ 18,650,000 | $ 339,000 | $ 102,000 |
Ada County Idaho | 54 | $ 11,336,000 | $ 209,000 | $ 82,000 |
Polk County Florida | 51 | $ 10,877,000 | $ 213,000 | $ 83,000 |
Campbell County Virginia | 50 | $ 7,398,000 | $ 147,000 | $ 55,000 |
Lynchburg County Virginia | 50 | $ 6,253,000 | $ 125,000 | $ 60,000 |
Douglas County Colorado | 49 | $ 15,354,000 | $ 313,000 | $ 127,000 |
Pike County Pennsylvania | 49 | $ 7,402,000 | $ 151,000 | $ 81,000 |
Sherburne County Minnesota | 48 | $ 9,299,000 | $ 193,000 | $ 79,000 |
Susquehanna County Pennsylvania | 40 | $ 5,575,000 | $ 139,000 | $ 67,000 |
Olmsted County Minnesota | 39 | $ 7,157,000 | $ 183,000 | $ 80,000 |
Chisago County Minnesota | 37 | $ 7,997,000 | $ 216,000 | $ 81,000 |
Monroe County Pennsylvania | 37 | $ 6,229,000 | $ 168,000 | $ 91,000 |
Bedford County Virginia | 34 | $ 6,686,000 | $ 196,000 | $ 84,000 |
Clackamas County Oregon | 33 | $ 9,006,000 | $ 272,000 | $ 100,000 |
Montgomery County Pennsylvania | 31 | $ 6,652,000 | $ 214,000 | $ 91,000 |
Union County New Jersey | 27 | $ 7,390,000 | $ 273,000 | $ 75,000 |
Canyon County Idaho | 25 | $ 4,386,000 | $ 175,000 | $ 67,000 |
Philadelphia County Pennsylvania | 24 | $ 4,836,000 | $ 201,000 | $ 78,000 |
Riverside County California | 22 | $ 6,585,000 | $ 299,000 | $ 105,000 |
Isanti County Minnesota | 19 | $ 3,200,000 | $ 168,000 | $ 74,000 |
Lackawanna County Pennsylvania | 19 | $ 3,088,000 | $ 162,000 | $ 72,000 |
Stearns County Minnesota | 18 | $ 2,346,000 | $ 130,000 | $ 53,000 |
Amherst County Virginia | 18 | $ 2,346,000 | $ 130,000 | $ 69,000 |
St. Croix County Wisconsin | 17 | $ 4,309,000 | $ 253,000 | $ 111,000 |
Weld County Colorado | 14 | $ 3,340,000 | $ 238,000 | $ 76,000 |
Goodhue County Minnesota | 14 | $ 2,314,000 | $ 165,000 | $ 65,000 |
Multnomah County Oregon | 14 | $ 4,549,000 | $ 324,000 | $ 125,000 |
Volusia County Florida | 13 | $ 2,129,000 | $ 163,000 | $ 95,000 |
Crow Wing County Minnesota | 13 | $ 3,083,000 | $ 237,000 | $ 125,000 |
Rice County Minnesota | 13 | $ 2,441,000 | $ 187,000 | $ 78,000 |
Pine County Minnesota | 12 | $ 1,786,000 | $ 148,000 | $ 102,000 |
Dodge County Minnesota | 11 | $ 1,672,000 | $ 152,000 | $ 66,000 |
McLeod County Minnesota | 11 | $ 1,098,000 | $ 99,000 | $ 52,000 |
St. Louis County Minnesota | 11 | $ 1,913,000 | $ 173,000 | $ 95,000 |
Appomattox County Virginia | 11 | $ 1,687,000 | $ 153,000 | $ 61,000 |
Waukesha County Wisconsin | 11 | $ 1,866,000 | $ 169,000 | $ 77,000 |
El Paso County Colorado | 10 | $ 1,927,000 | $ 192,000 | $ 78,000 |
Mille Lacs County Minnesota | 9 | $ 1,177,000 | $ 130,000 | $ 63,000 |
Otter Tail County Minnesota | 9 | $ 1,587,000 | $ 176,000 | $ 75,000 |
Wabasha County Minnesota | 9 | $ 1,168,000 | $ 129,000 | $ 78,000 |
Milwaukee County Wisconsin | 9 | $ 1,251,000 | $ 139,000 | $ 60,000 |
Pierce County Wisconsin | 9 | $ 1,857,000 | $ 206,000 | $ 76,000 |
San Bernardino County California | 8 | $ 1,842,000 | $ 230,000 | $ 68,000 |
Winona County Minnesota | 8 | $ 1,202,000 | $ 150,000 | $ 57,000 |
Racine County Wisconsin | 8 | $ 1,704,000 | $ 213,000 | $ 57,000 |
Aitkin County Minnesota | 7 | $ 1,009,000 | $ 144,000 | $ 63,000 |
Becker County Minnesota | 7 | $ 1,381,000 | $ 197,000 | $ 130,000 |
Hudson County New Jersey | 7 | $ 2,408,000 | $ 344,000 | $ 91,000 |
Middlesex County New Jersey | 7 | $ 1,626,000 | $ 232,000 | $ 75,000 |
Dane County Wisconsin | 7 | $ 1,190,000 | $ 170,000 | $ 60,000 |
Boulder County Colorado | 6 | $ 1,912,000 | $ 318,000 | $ 92,000 |
Broomfield County Colorado | 6 | $ 1,782,000 | $ 297,000 | $ 188,000 |
Broward County Florida | 6 | $ 1,871,000 | $ 311,000 | $ 170,000 |
Cass County Minnesota | 6 | $ 741,000 | $ 123,000 | $ 114,000 |
Steele County Minnesota | 6 | $ 720,000 | $ 120,000 | $ 52,000 |
Washington County Oregon | 6 | $ 1,399,000 | $ 233,000 | $ 103,000 |
Dallas County Texas | 6 | $ 652,000 | $ 108,000 | $ 150,000 |
Pittsylvania County Virginia | 6 | $ 724,000 | $ 120,000 | $ 49,000 |
Brevard County Florida | 5 | $ 929,000 | $ 185,000 | $ 73,000 |
Manatee County Florida | 5 | $ 1,443,000 | $ 288,000 | $ 148,000 |
Polk County Iowa | 5 | $ 825,000 | $ 165,000 | $ 84,000 |
Cape May County New Jersey | 5 | $ 1,509,000 | $ 301,000 | $ 181,000 |
Luzerne County Pennsylvania | 5 | $ 688,000 | $ 137,000 | $ 79,000 |
Northampton County Pennsylvania | 5 | $ 1,108,000 | $ 221,000 | $ 89,000 |
Rock County Wisconsin | 5 | $ 704,000 | $ 140,000 | $ 87,000 |
Larimer County Colorado | 4 | $ 863,000 | $ 215,000 | $ 96,000 |
Palm Beach County Florida | 4 | $ 1,259,000 | $ 314,000 | $ 157,000 |
Gem County Idaho | 4 | $ 649,000 | $ 162,000 | $ 87,000 |
Benton County Minnesota | 4 | $ 405,000 | $ 101,000 | $ 37,000 |
Blue Earth County Minnesota | 4 | $ 646,000 | $ 161,000 | $ 68,000 |
Carlton County Minnesota | 4 | $ 477,000 | $ 119,000 | $ 53,000 |
Kandiyohi County Minnesota | 4 | $ 655,000 | $ 163,000 | $ 121,000 |
Le Sueur County Minnesota | 4 | $ 725,000 | $ 181,000 | $ 67,000 |
Marion County Oregon | 4 | $ 1,144,000 | $ 286,000 | $ 294,000 |
Wyoming County Pennsylvania | 4 | $ 577,000 | $ 144,000 | $ 61,000 |
Nelson County Virginia | 4 | $ 497,000 | $ 124,000 | $ 42,000 |
Columbia County Wisconsin | 4 | $ 754,000 | $ 188,000 | $ 98,000 |
Dunn County Wisconsin | 4 | $ 607,000 | $ 151,000 | $ 60,000 |
Kenosha County Wisconsin | 4 | $ 751,000 | $ 187,000 | $ 106,000 |
Polk County Wisconsin | 4 | $ 708,000 | $ 177,000 | $ 62,000 |
Sheboygan County Wisconsin | 4 | $ 721,000 | $ 180,000 | $ 63,000 |
Clear Creek County Colorado | 3 | $ 543,000 | $ 181,000 | $ 51,000 |
Grand County Colorado | 3 | $ 1,109,000 | $ 369,000 | $ 187,000 |
Pinellas County Florida | 3 | $ 1,094,000 | $ 364,000 | $ 241,000 |
Beltrami County Minnesota | 3 | $ 541,000 | $ 180,000 | $ 49,000 |
Brown County Minnesota | 3 | $ 653,000 | $ 217,000 | $ 71,000 |
Clay County Minnesota | 3 | $ 307,000 | $ 102,000 | $ 55,000 |
Lake of the Woods County Minnesota | 3 | $ 253,000 | $ 84,000 | $ 78,000 |
Meeker County Minnesota | 3 | $ 742,000 | $ 247,000 | $ 115,000 |
Morrison County Minnesota | 3 | $ 704,000 | $ 234,000 | $ 94,000 |
Polk County Minnesota | 3 | $ 490,000 | $ 163,000 | $ 76,000 |
Sibley County Minnesota | 3 | $ 541,000 | $ 180,000 | $ 50,000 |
Bergen County New Jersey | 3 | $ 991,000 | $ 330,000 | $ 103,000 |
Essex County New Jersey | 3 | $ 844,000 | $ 281,000 | $ 116,000 |
Sussex County New Jersey | 3 | $ 602,000 | $ 200,000 | $ 56,000 |
Malheur County Oregon | 3 | $ 488,000 | $ 162,000 | $ 79,000 |
Berks County Pennsylvania | 3 | $ 630,000 | $ 210,000 | $ 42,000 |
Delaware County Pennsylvania | 3 | $ 559,000 | $ 186,000 | $ 70,000 |
Collin County Texas | 3 | $ 614,000 | $ 204,000 | $ 202,000 |
Walworth County Wisconsin | 3 | $ 413,000 | $ 137,000 | $ 63,000 |
Washington County Wisconsin | 3 | $ 511,000 | $ 170,000 | $ 103,000 |
Park County Colorado | 2 | $ 588,000 | $ 294,000 | $ 202,000 |
Pueblo County Colorado | 2 | $ 181,000 | $ 90,000 | $ 40,000 |
Sarasota County Florida | 2 | $ 549,000 | $ 274,000 | $ 117,000 |
Owyhee County Idaho | 2 | $ 281,000 | $ 140,000 | $ 111,000 |
Chippewa County Minnesota | 2 | $ 102,000 | $ 51,000 | $ 33,000 |
Douglas County Minnesota | 2 | $ 312,000 | $ 156,000 | $ 73,000 |
Hubbard County Minnesota | 2 | $ 493,000 | $ 246,000 | $ 110,000 |
Kanabec County Minnesota | 2 | $ 305,000 | $ 152,000 | $ 42,000 |
Koochiching County Minnesota | 2 | $ 251,000 | $ 125,000 | $ 49,000 |
Pennington County Minnesota | 2 | $ 298,000 | $ 149,000 | $ 33,000 |
Pipestone County Minnesota | 2 | $ 227,000 | $ 113,000 | $ 41,000 |
Todd County Minnesota | 2 | $ 453,000 | $ 226,000 | $ 104,000 |
Mercer County New Jersey | 2 | $ 366,000 | $ 183,000 | $ 97,000 |
Somerset County New Jersey | 2 | $ 1,573,000 | $ 786,000 | $ 201,000 |
Lincoln County Oregon | 2 | $ 686,000 | $ 343,000 | $ 195,000 |
Linn County Oregon | 2 | $ 256,000 | $ 128,000 | $ 80,000 |
Potter County Pennsylvania | 2 | $ 194,000 | $ 97,000 | $ 44,000 |
Roanoke City County Virginia | 2 | $ 404,000 | $ 202,000 | $ 44,000 |
Ashland County Wisconsin | 2 | $ 309,000 | $ 154,000 | $ 57,000 |
Bayfield County Wisconsin | 2 | $ 586,000 | $ 293,000 | $ 182,000 |
Brown County Wisconsin | 2 | $ 341,000 | $ 170,000 | $ 36,000 |
Door County Wisconsin | 2 | $ 481,000 | $ 240,000 | $ 38,000 |
Jefferson County Wisconsin | 2 | $ 330,000 | $ 165,000 | $ 54,000 |
La Crosse County Wisconsin | 2 | $ 396,000 | $ 198,000 | $ 137,000 |
Marathon County Wisconsin | 2 | $ 494,000 | $ 247,000 | $ 79,000 |
Marinette County Wisconsin | 2 | $ 371,000 | $ 185,000 | $ 70,000 |
Marquette County Wisconsin | 2 | $ 276,000 | $ 138,000 | $ 75,000 |
Oneida County Wisconsin | 2 | $ 414,000 | $ 207,000 | $ 72,000 |
Outagamie County Wisconsin | 2 | $ 236,000 | $ 118,000 | $ 56,000 |
Sauk County Wisconsin | 2 | $ 303,000 | $ 151,000 | $ 119,000 |
Winnebago County Wisconsin | 2 | $ 187,000 | $ 93,000 | $ 59,000 |
Alameda County California | 1 | $ 403,000 | $ 403,000 | $ 300,000 |
Orange County California | 1 | $ 390,000 | $ 390,000 | $ 102,000 |
Santa Cruz County California | 1 | $ 459,000 | $ 459,000 | $ 117,000 |
Fremont County Colorado | 1 | $ 143,000 | $ 143,000 | $ 70,000 |
Garfield County Colorado | 1 | $ 221,000 | $ 221,000 | $ 88,000 |
Gilpin County Colorado | 1 | $ 193,000 | $ 193,000 | $ 65,000 |
Saguache County Colorado | 1 | $ 118,000 | $ 118,000 | $ 57,000 |
Summit County Colorado | 1 | $ 564,000 | $ 564,000 | $ 498,000 |
Citrus County Florida | 1 | $ 196,000 | $ 196,000 | $ 104,000 |
Highlands County Florida | 1 | $ 350,000 | $ 350,000 | $ 417,000 |
Hillsborough County Florida | 1 | $ 250,000 | $ 250,000 | $ 88,000 |
Indian River County Florida | 1 | $ 144,000 | $ 144,000 | $ 48,000 |
Levy County Florida | 1 | $ 90,000 | $ 90,000 | $ 39,000 |
Miami-Dade County Florida | 1 | $ 329,000 | $ 329,000 | $ 249,000 |
Pasco County Florida | 1 | $ 175,000 | $ 175,000 | $ 90,000 |
St. Johns County Florida | 1 | $ 127,000 | $ 127,000 | $ 51,000 |
Adams County Idaho | 1 | $ 273,000 | $ 273,000 | $ 98,000 |
Payette County Idaho | 1 | $ 190,000 | $ 190,000 | $ 75,000 |
Valley County Idaho | 1 | $ 115,000 | $ 115,000 | $ 60,000 |
Dickinson County Iowa | 1 | $ 272,000 | $ 272,000 | $ 201,000 |
Pottawattamie County Iowa | 1 | $ 171,000 | $ 171,000 | $ 79,000 |
Cook County Minnesota | 1 | $ 342,000 | $ 342,000 | $ 178,000 |
Fillmore County Minnesota | 1 | $ 237,000 | $ 237,000 | $ 52,000 |
Freeborn County Minnesota | 1 | $ 131,000 | $ 131,000 | $ 49,000 |
Grant County Minnesota | 1 | $ 133,000 | $ 133,000 | $ 41,000 |
Itasca County Minnesota | 1 | $ 243,000 | $ 243,000 | $ 327,000 |
Kittson County Minnesota | 1 | $ 98,000 | $ 98,000 | $ 68,000 |
Lake County Minnesota | 1 | $ 183,000 | $ 183,000 | $ 45,000 |
Lincoln County Minnesota | 1 | $ 161,000 | $ 161,000 | $ 44,000 |
Mahnomen County Minnesota | 1 | $ 219,000 | $ 219,000 | $ 125,000 |
Marshall County Minnesota | 1 | $ 131,000 | $ 131,000 | $ 104,000 |
Martin County Minnesota | 1 | $ 68,000 | $ 68,000 | $ 55,000 |
Mower County Minnesota | 1 | $ 163,000 | $ 163,000 | $ 36,000 |
Nicollet County Minnesota | 1 | $ 250,000 | $ 250,000 | $ 61,000 |
Roseau County Minnesota | 1 | $ 118,000 | $ 118,000 | $ 30,000 |
Stevens County Minnesota | 1 | $ 54,000 | $ 54,000 | $ 24,000 |
Swift County Minnesota | 1 | $ 82,000 | $ 82,000 | $ 50,000 |
Waseca County Minnesota | 1 | $ 211,000 | $ 211,000 | $ 89,000 |
Atlantic County New Jersey | 1 | $ 280,000 | $ 280,000 | $ 127,000 |
Burlington County New Jersey | 1 | $ 213,000 | $ 213,000 | $ 107,000 |
Camden County New Jersey | 1 | $ 157,000 | $ 157,000 | $ 59,000 |
Gloucester County New Jersey | 1 | $ 404,000 | $ 404,000 | $ 152,000 |
Morris County New Jersey | 1 | $ 387,000 | $ 387,000 | $ 117,000 |
Ocean County New Jersey | 1 | $ 351,000 | $ 351,000 | $ 100,000 |
Passaic County New Jersey | 1 | $ 119,000 | $ 119,000 | $ 63,000 |
Crook County Oregon | 1 | $ 211,000 | $ 211,000 | $ 89,000 |
Wasco County Oregon | 1 | $ 300,000 | $ 300,000 | $ 79,000 |
Yamhill County Oregon | 1 | $ 129,000 | $ 129,000 | $ 36,000 |
Bradford County Pennsylvania | 1 | $ 127,000 | $ 127,000 | $ 39,000 |
Carbon County Pennsylvania | 1 | $ 289,000 | $ 289,000 | $ 106,000 |
Chester County Pennsylvania | 1 | $ 280,000 | $ 280,000 | $ 131,000 |
Lebanon County Pennsylvania | 1 | $ 159,000 | $ 159,000 | $ 270,000 |
Lehigh County Pennsylvania | 1 | $ 83,000 | $ 83,000 | $ 31,000 |
Mercer County Pennsylvania | 1 | $ 88,000 | $ 88,000 | $ 27,000 |
Venango County Pennsylvania | 1 | $ 365,000 | $ 365,000 | $ 187,000 |
York County Pennsylvania | 1 | $ 112,000 | $ 112,000 | $ 80,000 |
Hunt County Texas | 1 | $ 93,000 | $ 93,000 | $ 357,000 |
Palo Pinto County Texas | 1 | $ 120,000 | $ 120,000 | $ 31,000 |
Albemarle County Virginia | 1 | $ 131,000 | $ 131,000 | $ 32,000 |
Augusta County Virginia | 1 | $ 220,000 | $ 220,000 | $ 104,000 |
Clarke County Virginia | 1 | $ 194,000 | $ 194,000 | $ 56,000 |
Franklin County Virginia | 1 | $ 304,000 | $ 304,000 | $ 90,000 |
Hampton County Virginia | 1 | $ 133,000 | $ 133,000 | $ 48,000 |
Lexington County Virginia | 1 | $ 198,000 | $ 198,000 | $ 63,000 |
Louisa County Virginia | 1 | $ 332,000 | $ 332,000 | $ 117,000 |
Mecklenburg County Virginia | 1 | $ 152,000 | $ 152,000 | $ 52,000 |
Montgomery County Virginia | 1 | $ 258,000 | $ 258,000 | $ 134,000 |
Barron County Wisconsin | 1 | $ 131,000 | $ 131,000 | $ 56,000 |
Burnett County Wisconsin | 1 | $ 269,000 | $ 269,000 | $ 216,000 |
Calumet County Wisconsin | 1 | $ 315,000 | $ 315,000 | $ 123,000 |
Chippewa County Wisconsin | 1 | $ 130,000 | $ 130,000 | $ 29,000 |
Clark County Wisconsin | 1 | $ 170,000 | $ 170,000 | $ 80,000 |
Douglas County Wisconsin | 1 | $ 133,000 | $ 133,000 | $ 34,000 |
Forest County Wisconsin | 1 | $ 110,000 | $ 110,000 | $ 68,000 |
Iowa County Wisconsin | 1 | $ 276,000 | $ 276,000 | $ 162,000 |
Lafayette County Wisconsin | 1 | $ 144,000 | $ 144,000 | $ 46,000 |
Monroe County Wisconsin | 1 | $ 113,000 | $ 113,000 | $ 51,000 |
Oconto County Wisconsin | 1 | $ 134,000 | $ 134,000 | $ 54,000 |
Pepin County Wisconsin | 1 | $ 61,000 | $ 61,000 | $ 19,000 |
Portage County Wisconsin | 1 | $ 132,000 | $ 132,000 | $ 73,000 |
Sawyer County Wisconsin | 1 | $ 309,000 | $ 309,000 | $ 139,000 |
Vilas County Wisconsin | 1 | $ 380,000 | $ 380,000 | $ 199,000 |
Waupaca County Wisconsin | 1 | $ 86,000 | $ 86,000 | $ 35,000 |
Wood County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 33,000 |
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.
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 | 3,751 | $793,135,000 | $211,000 | $1,654,000 | $91,000 | $1,395,000 |
Refinancing | 1,804 | $414,232,000 | $229,000 | $2,000,000 | $103,000 | $1,212,000 |
Home Improvement | 96 | $19,673,000 | $204,000 | $1,295,000 | $93,000 | $580,000 |
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 | 4,031 | $888,993,000 | $220,000 | $2,000,000 | $100,000 | $1,395,000 |
Hispanic | 539 | $116,995,000 | $217,000 | $648,000 | $72,000 | $324,000 |
Not Provided | 520 | $119,020,000 | $228,000 | $680,000 | $101,000 | $579,000 |
Asian | 346 | $62,224,000 | $179,000 | $1,295,000 | $80,000 | $580,000 |
Black or African American | 190 | $34,893,000 | $183,000 | $733,000 | $72,000 | $666,000 |
American Indian or Alaskan Native | 13 | $2,444,000 | $188,000 | $350,000 | $107,000 | $460,000 |
Native Hawaiin or Other Pacific Islander | 12 | $2,471,000 | $205,000 | $311,000 | $86,000 | $135,000 |
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) | 3,685 | $815,574,000 | $221,000 | $2,000,000 | $107,000 | $1,395,000 |
FHA-insured (Federal Housing Administration) | 1,507 | $310,604,000 | $206,000 | $695,000 | $70,000 | $580,000 |
VA-guaranteed (Veterans Administration) | 333 | $82,164,000 | $246,000 | $1,348,000 | $90,000 | $1,110,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 126 | $18,698,000 | $148,000 | $365,000 | $52,000 | $122,000 |
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 | 4,046 | $887,913,000 | $219,000 | $1,654,000 | $97,000 | $1,395,000 |
Application Withdrawn By Applicant | 903 | $199,045,000 | $220,000 | $2,000,000 | $95,000 | $820,000 |
Application Denied By Financial Institution | 553 | $110,973,000 | $200,000 | $1,348,000 | $82,000 | $774,000 |
Application Approved But Not Accepted | 149 | $29,109,000 | $195,000 | $485,000 | $84,000 | $494,000 |
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 |
---|---|---|---|---|---|---|
Debt-To-Income Ratio | 121 | $24,046,000 | $198,000 | $756,000 | $63,000 | $388,000 |
Credit Application Incomplete | 117 | $22,932,000 | $196,000 | $572,000 | $88,000 | $405,000 |
Credit History | 102 | $20,432,000 | $200,000 | $1,348,000 | $80,000 | $774,000 |
Other | 88 | $19,685,000 | $223,000 | $1,295,000 | $91,000 | $315,000 |
Collateral | 55 | $8,838,000 | $160,000 | $417,000 | $89,000 | $339,000 |
Insufficient Cash (Downpayment, Closing Cost) | 22 | $5,116,000 | $232,000 | $417,000 | $88,000 | $233,000 |
Employment History | 15 | $2,243,000 | $149,000 | $403,000 | $71,000 | $300,000 |
Unverifiable Information | 11 | $2,964,000 | $269,000 | $503,000 | $125,000 | $350,000 |
Mortgage Insurance Denied | 5 | $1,614,000 | $322,000 | $636,000 | $98,000 | $202,000 |
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.