Summit Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2017
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 | 4,192 |
| Total Mortgage Loan Application Amount | $921,729,000 |
| Average Mortgage Loan Application Amount | $226,000 |
| Highest Mortgage Loan Application Amount | $1,423,000 |
| Average Applicant Income | $95,333 |
| Highest Applicant Income | $4,426,000 |
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 | 769 | $ 165,828,000 | $ 215,000 | $ 91,000 |
| Ramsey County Minnesota | 301 | $ 54,866,000 | $ 182,000 | $ 83,000 |
| Collier County Florida | 258 | $ 67,973,000 | $ 263,000 | $ 138,000 |
| Dakota County Minnesota | 249 | $ 52,581,000 | $ 211,000 | $ 92,000 |
| Anoka County Minnesota | 225 | $ 40,952,000 | $ 182,000 | $ 76,000 |
| Bucks County Pennsylvania | 192 | $ 47,114,000 | $ 245,000 | $ 96,000 |
| Lee County Florida | 144 | $ 33,698,000 | $ 234,000 | $ 108,000 |
| Wayne County Pennsylvania | 131 | $ 19,689,000 | $ 150,000 | $ 91,000 |
| Washington County Minnesota | 116 | $ 27,376,000 | $ 236,000 | $ 90,000 |
| Scott County Minnesota | 99 | $ 22,871,000 | $ 231,000 | $ 97,000 |
| Denver County Colorado | 95 | $ 23,902,000 | $ 251,000 | $ 77,000 |
| Arapahoe County Colorado | 76 | $ 21,848,000 | $ 287,000 | $ 82,000 |
| Wright County Minnesota | 73 | $ 14,939,000 | $ 204,000 | $ 85,000 |
| Lynchburg County Virginia | 58 | $ 7,772,000 | $ 134,000 | $ 70,000 |
| Adams County Colorado | 57 | $ 14,425,000 | $ 253,000 | $ 74,000 |
| Carver County Minnesota | 56 | $ 13,017,000 | $ 232,000 | $ 93,000 |
| Los Angeles County California | 55 | $ 19,458,000 | $ 353,000 | $ 123,000 |
| Jefferson County Colorado | 55 | $ 16,992,000 | $ 308,000 | $ 97,000 |
| San Diego County California | 46 | $ 20,675,000 | $ 449,000 | $ 153,000 |
| Susquehanna County Pennsylvania | 44 | $ 6,031,000 | $ 137,000 | $ 58,000 |
| Monroe County Pennsylvania | 39 | $ 7,360,000 | $ 188,000 | $ 110,000 |
| Douglas County Colorado | 37 | $ 13,528,000 | $ 365,000 | $ 119,000 |
| Pike County Pennsylvania | 36 | $ 5,949,000 | $ 165,000 | $ 76,000 |
| Sherburne County Minnesota | 34 | $ 6,447,000 | $ 189,000 | $ 89,000 |
| Bedford County Virginia | 31 | $ 6,877,000 | $ 221,000 | $ 79,000 |
| Campbell County Virginia | 31 | $ 4,458,000 | $ 143,000 | $ 54,000 |
| Orange County Florida | 30 | $ 6,665,000 | $ 222,000 | $ 111,000 |
| Isanti County Minnesota | 30 | $ 4,635,000 | $ 154,000 | $ 67,000 |
| Chisago County Minnesota | 27 | $ 5,328,000 | $ 197,000 | $ 82,000 |
| Amherst County Virginia | 27 | $ 4,090,000 | $ 151,000 | $ 70,000 |
| Ada County Idaho | 25 | $ 6,126,000 | $ 245,000 | $ 74,000 |
| Lackawanna County Pennsylvania | 24 | $ 4,046,000 | $ 168,000 | $ 90,000 |
| Lake County Florida | 23 | $ 5,009,000 | $ 217,000 | $ 75,000 |
| Clackamas County Oregon | 23 | $ 7,398,000 | $ 321,000 | $ 115,000 |
| Montgomery County Pennsylvania | 23 | $ 6,060,000 | $ 263,000 | $ 107,000 |
| Canyon County Idaho | 20 | $ 4,236,000 | $ 211,000 | $ 90,000 |
| Olmsted County Minnesota | 20 | $ 3,406,000 | $ 170,000 | $ 86,000 |
| Rice County Minnesota | 17 | $ 3,897,000 | $ 229,000 | $ 112,000 |
| Philadelphia County Pennsylvania | 17 | $ 3,054,000 | $ 179,000 | $ 84,000 |
| Mille Lacs County Minnesota | 16 | $ 2,563,000 | $ 160,000 | $ 57,000 |
| Union County New Jersey | 15 | $ 4,028,000 | $ 268,000 | $ 86,000 |
| King George County Virginia | 15 | $ 4,183,000 | $ 278,000 | $ 75,000 |
| Riverside County California | 14 | $ 4,685,000 | $ 334,000 | $ 91,000 |
| Osceola County Florida | 14 | $ 2,870,000 | $ 205,000 | $ 68,000 |
| Polk County Florida | 13 | $ 2,747,000 | $ 211,000 | $ 71,000 |
| St. Croix County Wisconsin | 13 | $ 3,305,000 | $ 254,000 | $ 129,000 |
| Stearns County Minnesota | 12 | $ 2,515,000 | $ 209,000 | $ 99,000 |
| Dodge County Minnesota | 11 | $ 1,673,000 | $ 152,000 | $ 55,000 |
| Westmoreland County Virginia | 11 | $ 2,240,000 | $ 203,000 | $ 69,000 |
| Crow Wing County Minnesota | 10 | $ 1,915,000 | $ 191,000 | $ 112,000 |
| San Bernardino County California | 9 | $ 2,212,000 | $ 245,000 | $ 65,000 |
| Goodhue County Minnesota | 9 | $ 1,952,000 | $ 216,000 | $ 106,000 |
| McLeod County Minnesota | 9 | $ 1,314,000 | $ 146,000 | $ 57,000 |
| Pine County Minnesota | 9 | $ 1,124,000 | $ 124,000 | $ 65,000 |
| St. Louis County Minnesota | 8 | $ 1,379,000 | $ 172,000 | $ 163,000 |
| Multnomah County Oregon | 8 | $ 2,184,000 | $ 273,000 | $ 88,000 |
| Appomattox County Virginia | 8 | $ 819,000 | $ 102,000 | $ 54,000 |
| Grand County Colorado | 7 | $ 1,575,000 | $ 225,000 | $ 83,000 |
| Le Sueur County Minnesota | 7 | $ 1,101,000 | $ 157,000 | $ 76,000 |
| Sibley County Minnesota | 7 | $ 960,000 | $ 137,000 | $ 59,000 |
| Wabasha County Minnesota | 7 | $ 1,317,000 | $ 188,000 | $ 69,000 |
| Waukesha County Wisconsin | 7 | $ 1,661,000 | $ 237,000 | $ 194,000 |
| Weld County Colorado | 6 | $ 1,686,000 | $ 281,000 | $ 73,000 |
| Baltimore County Maryland | 6 | $ 1,789,000 | $ 298,000 | $ 99,000 |
| Aitkin County Minnesota | 6 | $ 729,000 | $ 121,000 | $ 42,000 |
| Carlton County Minnesota | 6 | $ 1,112,000 | $ 185,000 | $ 61,000 |
| Cass County Minnesota | 6 | $ 1,731,000 | $ 288,000 | $ 165,000 |
| Washington County Oregon | 6 | $ 1,578,000 | $ 263,000 | $ 111,000 |
| Carbon County Pennsylvania | 6 | $ 876,000 | $ 146,000 | $ 77,000 |
| Pittsylvania County Virginia | 6 | $ 590,000 | $ 98,000 | $ 48,000 |
| Spotsylvania County Virginia | 6 | $ 1,378,000 | $ 229,000 | $ 73,000 |
| Kanabec County Minnesota | 5 | $ 748,000 | $ 149,000 | $ 52,000 |
| Mercer County New Jersey | 5 | $ 991,000 | $ 198,000 | $ 64,000 |
| Middlesex County New Jersey | 5 | $ 1,267,000 | $ 253,000 | $ 79,000 |
| Stafford County Virginia | 5 | $ 1,222,000 | $ 244,000 | $ 88,000 |
| Dane County Wisconsin | 5 | $ 1,203,000 | $ 240,000 | $ 98,000 |
| Rock County Wisconsin | 5 | $ 819,000 | $ 163,000 | $ 66,000 |
| El Paso County Colorado | 4 | $ 1,730,000 | $ 432,000 | $ 153,000 |
| Charlotte County Florida | 4 | $ 982,000 | $ 245,000 | $ 59,000 |
| Palm Beach County Florida | 4 | $ 730,000 | $ 182,000 | $ 111,000 |
| Sarasota County Florida | 4 | $ 911,000 | $ 227,000 | $ 82,000 |
| Volusia County Florida | 4 | $ 569,000 | $ 142,000 | $ 71,000 |
| Owyhee County Idaho | 4 | $ 560,000 | $ 140,000 | $ 56,000 |
| Harford County Maryland | 4 | $ 761,000 | $ 190,000 | $ 72,000 |
| Beltrami County Minnesota | 4 | $ 737,000 | $ 184,000 | $ 119,000 |
| Renville County Minnesota | 4 | $ 189,000 | $ 47,000 | $ 29,000 |
| Passaic County New Jersey | 4 | $ 897,000 | $ 224,000 | $ 68,000 |
| Columbia County Wisconsin | 4 | $ 534,000 | $ 133,000 | $ 68,000 |
| Polk County Wisconsin | 4 | $ 843,000 | $ 210,000 | $ 100,000 |
| Washburn County Wisconsin | 4 | $ 841,000 | $ 210,000 | $ 67,000 |
| Meeker County Minnesota | 3 | $ 479,000 | $ 159,000 | $ 101,000 |
| Morrison County Minnesota | 3 | $ 505,000 | $ 168,000 | $ 67,000 |
| Otter Tail County Minnesota | 3 | $ 272,000 | $ 90,000 | $ 19,000 |
| Burlington County New Jersey | 3 | $ 646,000 | $ 215,000 | $ 85,000 |
| Essex County New Jersey | 3 | $ 468,000 | $ 156,000 | $ 90,000 |
| Morris County New Jersey | 3 | $ 810,000 | $ 270,000 | $ 72,000 |
| Yamhill County Oregon | 3 | $ 968,000 | $ 322,000 | $ 96,000 |
| Berks County Pennsylvania | 3 | $ 845,000 | $ 281,000 | $ 151,000 |
| Chester County Pennsylvania | 3 | $ 657,000 | $ 219,000 | $ 88,000 |
| Northampton County Pennsylvania | 3 | $ 800,000 | $ 266,000 | $ 133,000 |
| Wyoming County Pennsylvania | 3 | $ 516,000 | $ 172,000 | $ 106,000 |
| Franklin County Virginia | 3 | $ 280,000 | $ 93,000 | $ 75,000 |
| Orange County Virginia | 3 | $ 731,000 | $ 243,000 | $ 66,000 |
| Barron County Wisconsin | 3 | $ 430,000 | $ 143,000 | $ 74,000 |
| Chippewa County Wisconsin | 3 | $ 667,000 | $ 222,000 | $ 60,000 |
| Marathon County Wisconsin | 3 | $ 427,000 | $ 142,000 | $ 60,000 |
| Racine County Wisconsin | 3 | $ 478,000 | $ 159,000 | $ 46,000 |
| Boulder County Colorado | 2 | $ 848,000 | $ 424,000 | $ 116,000 |
| Broomfield County Colorado | 2 | $ 522,000 | $ 261,000 | $ 95,000 |
| Elbert County Colorado | 2 | $ 675,000 | $ 337,000 | $ 93,000 |
| Pueblo County Colorado | 2 | $ 265,000 | $ 132,000 | $ 59,000 |
| Routt County Colorado | 2 | $ 848,000 | $ 424,000 | $ 201,000 |
| Summit County Colorado | 2 | $ 566,000 | $ 283,000 | $ 110,000 |
| Manatee County Florida | 2 | $ 442,000 | $ 221,000 | $ 95,000 |
| Marion County Florida | 2 | $ 348,000 | $ 174,000 | $ 67,000 |
| Miami-Dade County Florida | 2 | $ 608,000 | $ 304,000 | $ 109,000 |
| Pasco County Florida | 2 | $ 487,000 | $ 243,000 | $ 140,000 |
| Pinellas County Florida | 2 | $ 690,000 | $ 345,000 | $ 210,000 |
| Seminole County Florida | 2 | $ 319,000 | $ 159,000 | $ 64,000 |
| Gem County Idaho | 2 | $ 532,000 | $ 266,000 | $ 125,000 |
| Baltimore City County Maryland | 2 | $ 420,000 | $ 210,000 | $ 68,000 |
| Carroll County Maryland | 2 | $ 520,000 | $ 260,000 | $ 101,000 |
| Blue Earth County Minnesota | 2 | $ 254,000 | $ 127,000 | $ 61,000 |
| Clay County Minnesota | 2 | $ 327,000 | $ 163,000 | $ 92,000 |
| Itasca County Minnesota | 2 | $ 364,000 | $ 182,000 | $ 56,000 |
| Kandiyohi County Minnesota | 2 | $ 277,000 | $ 138,000 | $ 85,000 |
| Mower County Minnesota | 2 | $ 201,000 | $ 100,000 | $ 45,000 |
| Nicollet County Minnesota | 2 | $ 297,000 | $ 148,000 | $ 81,000 |
| Norman County Minnesota | 2 | $ 282,000 | $ 141,000 | $ 31,000 |
| Polk County Minnesota | 2 | $ 398,000 | $ 199,000 | $ 95,000 |
| Todd County Minnesota | 2 | $ 557,000 | $ 278,000 | $ 159,000 |
| Bergen County New Jersey | 2 | $ 628,000 | $ 314,000 | $ 78,000 |
| Cape May County New Jersey | 2 | $ 334,000 | $ 167,000 | $ 93,000 |
| Somerset County New Jersey | 2 | $ 482,000 | $ 241,000 | $ 145,000 |
| Marion County Oregon | 2 | $ 414,000 | $ 207,000 | $ 70,000 |
| Bradford County Pennsylvania | 2 | $ 357,000 | $ 178,000 | $ 134,000 |
| Caroline County Virginia | 2 | $ 566,000 | $ 283,000 | $ 123,000 |
| Fredericksburg County Virginia | 2 | $ 664,000 | $ 332,000 | $ 76,000 |
| Halifax County Virginia | 2 | $ 75,000 | $ 37,000 | $ 76,000 |
| Loudoun County Virginia | 2 | $ 707,000 | $ 353,000 | $ 146,000 |
| Nelson County Virginia | 2 | $ 397,000 | $ 198,000 | $ 80,000 |
| Wythe County Virginia | 2 | $ 122,000 | $ 61,000 | $ 46,000 |
| Burnett County Wisconsin | 2 | $ 303,000 | $ 151,000 | $ 175,000 |
| Dunn County Wisconsin | 2 | $ 286,000 | $ 143,000 | $ 49,000 |
| Kenosha County Wisconsin | 2 | $ 381,000 | $ 190,000 | $ 77,000 |
| La Crosse County Wisconsin | 2 | $ 190,000 | $ 95,000 | $ 37,000 |
| Milwaukee County Wisconsin | 2 | $ 226,000 | $ 113,000 | $ 57,000 |
| Pierce County Wisconsin | 2 | $ 692,000 | $ 346,000 | $ 98,000 |
| Washington County Wisconsin | 2 | $ 504,000 | $ 252,000 | $ 91,000 |
| Alameda County California | 1 | $ 271,000 | $ 271,000 | $ 55,000 |
| Amador County California | 1 | $ 218,000 | $ 218,000 | $ 41,000 |
| Fresno County California | 1 | $ 110,000 | $ 110,000 | $ 28,000 |
| Kern County California | 1 | $ 198,000 | $ 198,000 | $ 115,000 |
| Nevada County California | 1 | $ 294,000 | $ 294,000 | $ 149,000 |
| Orange County California | 1 | $ 389,000 | $ 389,000 | $ 99,000 |
| Archuleta County Colorado | 1 | $ 213,000 | $ 213,000 | $ 63,000 |
| Gunnison County Colorado | 1 | $ 120,000 | $ 120,000 | $ 97,000 |
| La Plata County Colorado | 1 | $ 417,000 | $ 417,000 | $ 220,000 |
| Mesa County Colorado | 1 | $ 133,000 | $ 133,000 | $ 194,000 |
| Brevard County Florida | 1 | $ 140,000 | $ 140,000 | $ 80,000 |
| Hillsborough County Florida | 1 | $ 360,000 | $ 360,000 | $ 225,000 |
| Jefferson County Florida | 1 | $ 149,000 | $ 149,000 | $ 67,000 |
| Martin County Florida | 1 | $ 260,000 | $ 260,000 | $ 73,000 |
| St. Johns County Florida | 1 | $ 294,000 | $ 294,000 | $ 65,000 |
| Boise County Idaho | 1 | $ 158,000 | $ 158,000 | $ 32,000 |
| Payette County Idaho | 1 | $ 212,000 | $ 212,000 | $ 84,000 |
| Twin Falls County Idaho | 1 | $ 118,000 | $ 118,000 | $ 57,000 |
| Valley County Idaho | 1 | $ 280,000 | $ 280,000 | $ 172,000 |
| Anne Arundel County Maryland | 1 | $ 216,000 | $ 216,000 | $ 61,000 |
| Becker County Minnesota | 1 | $ 108,000 | $ 108,000 | $ 56,000 |
| Benton County Minnesota | 1 | $ 110,000 | $ 110,000 | $ 86,000 |
| Cook County Minnesota | 1 | $ 229,000 | $ 229,000 | $ 105,000 |
| Douglas County Minnesota | 1 | $ 424,000 | $ 424,000 | $ 105,000 |
| Fillmore County Minnesota | 1 | $ 113,000 | $ 113,000 | $ 50,000 |
| Freeborn County Minnesota | 1 | $ 61,000 | $ 61,000 | $ 51,000 |
| Houston County Minnesota | 1 | $ 262,000 | $ 262,000 | $ 146,000 |
| Hubbard County Minnesota | 1 | $ 424,000 | $ 424,000 | $ 137,000 |
| Pennington County Minnesota | 1 | $ 68,000 | $ 68,000 | $ 32,000 |
| Swift County Minnesota | 1 | $ 219,000 | $ 219,000 | $ 48,000 |
| Wadena County Minnesota | 1 | $ 204,000 | $ 204,000 | $ 95,000 |
| Waseca County Minnesota | 1 | $ 110,000 | $ 110,000 | $ 67,000 |
| Winona County Minnesota | 1 | $ 146,000 | $ 146,000 | $ 91,000 |
| Atlantic County New Jersey | 1 | $ 116,000 | $ 116,000 | $ 46,000 |
| Hudson County New Jersey | 1 | $ 443,000 | $ 443,000 | $ 115,000 |
| Deschutes County Oregon | 1 | $ 300,000 | $ 300,000 | $ 141,000 |
| Malheur County Oregon | 1 | $ 220,000 | $ 220,000 | $ 86,000 |
| Polk County Oregon | 1 | $ 206,000 | $ 206,000 | $ 71,000 |
| Allegheny County Pennsylvania | 1 | $ 220,000 | $ 220,000 | $ 71,000 |
| Bedford County Pennsylvania | 1 | $ 61,000 | $ 61,000 | $ 35,000 |
| Cambria County Pennsylvania | 1 | $ 158,000 | $ 158,000 | $ 106,000 |
| Lancaster County Pennsylvania | 1 | $ 172,000 | $ 172,000 | $ 64,000 |
| Luzerne County Pennsylvania | 1 | $ 348,000 | $ 348,000 | $ 150,000 |
| Mercer County Pennsylvania | 1 | $ 245,000 | $ 245,000 | $ 122,000 |
| Westmoreland County Pennsylvania | 1 | $ 405,000 | $ 405,000 | $ 240,000 |
| Harris County Texas | 1 | $ 336,000 | $ 336,000 | $ 146,000 |
| Albemarle County Virginia | 1 | $ 344,000 | $ 344,000 | $ 96,000 |
| Buckingham County Virginia | 1 | $ 159,000 | $ 159,000 | $ 42,000 |
| Culpeper County Virginia | 1 | $ 315,000 | $ 315,000 | $ 159,000 |
| Essex County Virginia | 1 | $ 184,000 | $ 184,000 | $ 77,000 |
| Goochland County Virginia | 1 | $ 423,000 | $ 423,000 | $ 151,000 |
| James City County Virginia | 1 | $ 50,000 | $ 50,000 | $ 54,000 |
| Middlesex County Virginia | 1 | $ 204,000 | $ 204,000 | $ 89,000 |
| Newport News County Virginia | 1 | $ 69,000 | $ 69,000 | $ 25,000 |
| Prince William County Virginia | 1 | $ 349,000 | $ 349,000 | $ 140,000 |
| Door County Wisconsin | 1 | $ 85,000 | $ 85,000 | $ 37,000 |
| Douglas County Wisconsin | 1 | $ 159,000 | $ 159,000 | $ 197,000 |
| Fond du Lac County Wisconsin | 1 | $ 200,000 | $ 200,000 | $ 127,000 |
| Jefferson County Wisconsin | 1 | $ 120,000 | $ 120,000 | $ 34,000 |
| Juneau County Wisconsin | 1 | $ 161,000 | $ 161,000 | $ 50,000 |
| Kewaunee County Wisconsin | 1 | $ 171,000 | $ 171,000 | $ 44,000 |
| Lafayette County Wisconsin | 1 | $ 137,000 | $ 137,000 | $ 53,000 |
| Manitowoc County Wisconsin | 1 | $ 154,000 | $ 154,000 | $ 73,000 |
| Oconto County Wisconsin | 1 | $ 280,000 | $ 280,000 | $ 53,000 |
| Oneida County Wisconsin | 1 | $ 72,000 | $ 72,000 | $ 38,000 |
| Outagamie County Wisconsin | 1 | $ 130,000 | $ 130,000 | $ 60,000 |
| Sauk County Wisconsin | 1 | $ 96,000 | $ 96,000 | $ 87,000 |
| Sawyer County Wisconsin | 1 | $ 142,000 | $ 142,000 | $ 144,000 |
| Trempealeau County Wisconsin | 1 | $ 212,000 | $ 212,000 | $ 79,000 |
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 2017
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 | 3,195 | $686,914,000 | $214,000 | $1,423,000 | $90,000 | $4,426,000 |
| Refinancing | 919 | $216,975,000 | $236,000 | $1,120,000 | $98,000 | $859,000 |
| Home Improvement | 78 | $17,840,000 | $228,000 | $515,000 | $98,000 | $387,000 |
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 | 3,071 | $679,121,000 | $221,000 | $1,423,000 | $97,000 | $4,426,000 |
| Hispanic | 404 | $90,835,000 | $224,000 | $797,000 | $77,000 | $840,000 |
| Not Provided | 343 | $80,452,000 | $234,000 | $845,000 | $88,000 | $359,000 |
| Asian | 180 | $36,832,000 | $204,000 | $844,000 | $78,000 | $293,000 |
| Black or African American | 169 | $29,410,000 | $174,000 | $466,000 | $66,000 | $233,000 |
| American Indian or Alaskan Native | 19 | $3,895,000 | $205,000 | $643,000 | $86,000 | $213,000 |
| Native Hawaiian or Other Pacific Islander | 6 | $1,184,000 | $197,000 | $327,000 | $67,000 | $94,000 |
| 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) | 2,724 | $597,222,000 | $219,000 | $1,120,000 | $102,000 | $4,426,000 |
| FHA-insured (Federal Housing Administration) | 1,078 | $236,325,000 | $219,000 | $643,000 | $73,000 | $335,000 |
| VA-guaranteed (Veterans Administration) | 260 | $67,670,000 | $260,000 | $1,423,000 | $86,000 | $423,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 130 | $20,512,000 | $157,000 | $409,000 | $53,000 | $100,000 |
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 | 3,063 | $661,431,000 | $215,000 | $797,000 | $92,000 | $4,426,000 |
| Application Withdrawn By Applicant | 726 | $174,825,000 | $240,000 | $1,423,000 | $99,000 | $1,232,000 |
| Application Denied By Financial Institution | 309 | $62,086,000 | $200,000 | $845,000 | $72,000 | $534,000 |
| File Closed For Incompleteness | 93 | $23,028,000 | $247,000 | $676,000 | $109,000 | $548,000 |
| Application Approved But Not Accepted | 1 | $359,000 | $359,000 | $359,000 | $109,000 | $109,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 98 | $22,024,000 | $224,000 | $845,000 | $62,000 | $316,000 |
| Credit History | 53 | $9,990,000 | $188,000 | $445,000 | $79,000 | $278,000 |
| Collateral | 46 | $8,235,000 | $179,000 | $438,000 | $74,000 | $215,000 |
| Other | 32 | $6,808,000 | $212,000 | $431,000 | $78,000 | $210,000 |
| Credit Application Incomplete | 24 | $4,620,000 | $192,000 | $450,000 | $105,000 | $534,000 |
| Employment History | 21 | $3,293,000 | $156,000 | $395,000 | $42,000 | $84,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 12 | $2,137,000 | $178,000 | $378,000 | $53,000 | $93,000 |
| Unverifiable Information | 11 | $2,032,000 | $184,000 | $492,000 | $83,000 | $194,000 |
| Mortgage Insurance Denied | 3 | $828,000 | $276,000 | $367,000 | $92,000 | $109,000 |
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.