Summit Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2016

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.

Mortgage Loan Application Totals for Summit Mortgage Corporation by County in 2016

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.

Mortgage Loan Application Detail Totals for Summit Mortgage Corporation in 2016

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.

Download the Minnesota Lender List