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 | 4,166 |
Total Mortgage Loan Application Amount | $980,560,000 |
Average Mortgage Loan Application Amount | $196,500 |
Highest Mortgage Loan Application Amount | $1,535,000 |
Average Applicant Income | $92,500 |
Highest Applicant Income | $1,098,000 |
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 | 637 | $ 156,965,000 | $ 246,000 | $ 106,000 |
Collier County Florida | 251 | $ 68,735,000 | $ 273,000 | $ 152,000 |
Dakota County Minnesota | 209 | $ 49,285,000 | $ 235,000 | $ 97,000 |
Ramsey County Minnesota | 203 | $ 44,385,000 | $ 218,000 | $ 102,000 |
Anoka County Minnesota | 193 | $ 40,085,000 | $ 207,000 | $ 82,000 |
Bucks County Pennsylvania | 172 | $ 45,610,000 | $ 265,000 | $ 105,000 |
Wayne County Pennsylvania | 168 | $ 27,760,000 | $ 165,000 | $ 98,000 |
Washington County Minnesota | 117 | $ 30,535,000 | $ 260,000 | $ 113,000 |
Lee County Florida | 108 | $ 24,850,000 | $ 230,000 | $ 146,000 |
Pike County Pennsylvania | 87 | $ 14,185,000 | $ 163,000 | $ 101,000 |
Scott County Minnesota | 80 | $ 22,060,000 | $ 275,000 | $ 105,000 |
Berks County Pennsylvania | 76 | $ 10,840,000 | $ 142,000 | $ 64,000 |
Wright County Minnesota | 75 | $ 17,815,000 | $ 237,000 | $ 93,000 |
Los Angeles County California | 73 | $ 33,655,000 | $ 461,000 | $ 120,000 |
Denver County Colorado | 71 | $ 18,095,000 | $ 254,000 | $ 91,000 |
Carver County Minnesota | 66 | $ 18,620,000 | $ 282,000 | $ 108,000 |
Lehigh County Pennsylvania | 58 | $ 8,960,000 | $ 154,000 | $ 56,000 |
Sherburne County Minnesota | 57 | $ 11,845,000 | $ 207,000 | $ 79,000 |
Ada County Idaho | 56 | $ 14,760,000 | $ 263,000 | $ 117,000 |
Susquehanna County Pennsylvania | 56 | $ 9,020,000 | $ 161,000 | $ 74,000 |
Northampton County Pennsylvania | 54 | $ 9,110,000 | $ 168,000 | $ 77,000 |
Monroe County Pennsylvania | 48 | $ 7,720,000 | $ 160,000 | $ 77,000 |
Adams County Colorado | 44 | $ 12,370,000 | $ 281,000 | $ 84,000 |
Schuylkill County Pennsylvania | 44 | $ 5,350,000 | $ 121,000 | $ 56,000 |
Arapahoe County Colorado | 42 | $ 11,590,000 | $ 275,000 | $ 94,000 |
Lackawanna County Pennsylvania | 39 | $ 6,655,000 | $ 170,000 | $ 85,000 |
Duval County Florida | 34 | $ 5,740,000 | $ 168,000 | $ 76,000 |
San Diego County California | 32 | $ 14,960,000 | $ 467,000 | $ 130,000 |
Canyon County Idaho | 29 | $ 7,515,000 | $ 259,000 | $ 89,000 |
Riverside County California | 28 | $ 10,550,000 | $ 376,000 | $ 143,000 |
Grant County Washington | 27 | $ 5,675,000 | $ 210,000 | $ 74,000 |
Jefferson County Colorado | 26 | $ 9,860,000 | $ 379,000 | $ 109,000 |
Orange County Florida | 26 | $ 6,790,000 | $ 261,000 | $ 121,000 |
Isanti County Minnesota | 25 | $ 4,515,000 | $ 180,000 | $ 70,000 |
St. Louis County Minnesota | 23 | $ 3,685,000 | $ 160,000 | $ 80,000 |
King George County Virginia | 23 | $ 5,015,000 | $ 218,000 | $ 92,000 |
Clackamas County Oregon | 21 | $ 6,815,000 | $ 324,000 | $ 105,000 |
Montgomery County Pennsylvania | 21 | $ 5,055,000 | $ 240,000 | $ 106,000 |
Olmsted County Minnesota | 20 | $ 3,900,000 | $ 195,000 | $ 100,000 |
Philadelphia County Pennsylvania | 19 | $ 3,385,000 | $ 178,000 | $ 67,000 |
Chisago County Minnesota | 17 | $ 4,455,000 | $ 262,000 | $ 98,000 |
Pasco County Florida | 16 | $ 2,730,000 | $ 170,000 | $ 57,000 |
Rockingham County Virginia | 16 | $ 3,160,000 | $ 197,000 | $ 58,000 |
Stafford County Virginia | 16 | $ 5,560,000 | $ 347,000 | $ 135,000 |
Douglas County Colorado | 15 | $ 5,745,000 | $ 383,000 | $ 123,000 |
Spotsylvania County Virginia | 15 | $ 3,605,000 | $ 240,000 | $ 90,000 |
San Bernardino County California | 14 | $ 4,240,000 | $ 302,000 | $ 110,000 |
Polk County Florida | 14 | $ 2,770,000 | $ 197,000 | $ 77,000 |
Hillsborough County Florida | 13 | $ 3,155,000 | $ 242,000 | $ 86,000 |
Carlton County Minnesota | 13 | $ 1,765,000 | $ 135,000 | $ 66,000 |
Rice County Minnesota | 13 | $ 2,645,000 | $ 203,000 | $ 83,000 |
Campbell County Virginia | 13 | $ 1,835,000 | $ 141,000 | $ 64,000 |
Harrisonburg County Virginia | 13 | $ 2,315,000 | $ 178,000 | $ 68,000 |
McLeod County Minnesota | 11 | $ 1,765,000 | $ 160,000 | $ 68,000 |
Stearns County Minnesota | 11 | $ 1,555,000 | $ 141,000 | $ 59,000 |
Lake County Minnesota | 10 | $ 1,430,000 | $ 143,000 | $ 73,000 |
Burlington County New Jersey | 10 | $ 2,030,000 | $ 203,000 | $ 110,000 |
Lynchburg County Virginia | 10 | $ 1,320,000 | $ 132,000 | $ 65,000 |
Benton County Washington | 10 | $ 2,350,000 | $ 235,000 | $ 101,000 |
Manatee County Florida | 9 | $ 3,085,000 | $ 342,000 | $ 183,000 |
Mille Lacs County Minnesota | 9 | $ 1,315,000 | $ 146,000 | $ 71,000 |
Bedford County Virginia | 9 | $ 1,595,000 | $ 177,000 | $ 60,000 |
Weld County Colorado | 8 | $ 2,350,000 | $ 293,000 | $ 107,000 |
St. Croix County Wisconsin | 8 | $ 1,850,000 | $ 231,000 | $ 124,000 |
El Paso County Colorado | 7 | $ 1,645,000 | $ 235,000 | $ 93,000 |
Pinellas County Florida | 7 | $ 1,735,000 | $ 247,000 | $ 154,000 |
Le Sueur County Minnesota | 7 | $ 1,455,000 | $ 207,000 | $ 86,000 |
Pine County Minnesota | 7 | $ 1,275,000 | $ 182,000 | $ 95,000 |
Union County New Jersey | 7 | $ 1,845,000 | $ 263,000 | $ 101,000 |
Carbon County Pennsylvania | 7 | $ 875,000 | $ 125,000 | $ 74,000 |
Delaware County Pennsylvania | 7 | $ 1,185,000 | $ 169,000 | $ 88,000 |
Amherst County Virginia | 7 | $ 1,005,000 | $ 143,000 | $ 62,000 |
Polk County Wisconsin | 7 | $ 1,445,000 | $ 206,000 | $ 118,000 |
Boulder County Colorado | 6 | $ 1,780,000 | $ 296,000 | $ 93,000 |
Clay County Florida | 6 | $ 1,340,000 | $ 223,000 | $ 79,000 |
Volusia County Florida | 6 | $ 1,220,000 | $ 203,000 | $ 81,000 |
Augusta County Virginia | 6 | $ 840,000 | $ 140,000 | $ 56,000 |
Westmoreland County Virginia | 6 | $ 1,230,000 | $ 205,000 | $ 93,000 |
Orange County California | 5 | $ 2,685,000 | $ 537,000 | $ 163,000 |
Seminole County Florida | 5 | $ 735,000 | $ 147,000 | $ 77,000 |
Owyhee County Idaho | 5 | $ 965,000 | $ 193,000 | $ 68,000 |
Aitkin County Minnesota | 5 | $ 1,315,000 | $ 263,000 | $ 115,000 |
Cass County Minnesota | 5 | $ 855,000 | $ 171,000 | $ 98,000 |
Crow Wing County Minnesota | 5 | $ 1,235,000 | $ 247,000 | $ 125,000 |
Goodhue County Minnesota | 5 | $ 775,000 | $ 155,000 | $ 89,000 |
Washington County Oregon | 5 | $ 1,765,000 | $ 353,000 | $ 127,000 |
Fredericksburg County Virginia | 5 | $ 1,685,000 | $ 337,000 | $ 155,000 |
King County Washington | 5 | $ 1,435,000 | $ 287,000 | $ 101,000 |
Broomfield County Colorado | 4 | $ 1,520,000 | $ 380,000 | $ 116,000 |
Hernando County Florida | 4 | $ 400,000 | $ 100,000 | $ 45,000 |
Osceola County Florida | 4 | $ 1,140,000 | $ 285,000 | $ 57,000 |
Idaho County Idaho | 4 | $ 770,000 | $ 192,000 | $ 47,000 |
Valley County Idaho | 4 | $ 650,000 | $ 162,000 | $ 43,000 |
Middlesex County New Jersey | 4 | $ 940,000 | $ 235,000 | $ 76,000 |
Passaic County New Jersey | 4 | $ 1,230,000 | $ 307,000 | $ 73,000 |
Chester County Pennsylvania | 4 | $ 1,230,000 | $ 307,000 | $ 97,000 |
Dauphin County Pennsylvania | 4 | $ 380,000 | $ 95,000 | $ 34,000 |
Caroline County Virginia | 4 | $ 690,000 | $ 172,000 | $ 76,000 |
Loudoun County Virginia | 4 | $ 1,540,000 | $ 385,000 | $ 118,000 |
Waynesboro County Virginia | 4 | $ 710,000 | $ 177,000 | $ 78,000 |
Pend Oreille County Washington | 4 | $ 420,000 | $ 105,000 | $ 65,000 |
Yakima County Washington | 4 | $ 1,050,000 | $ 262,000 | $ 59,000 |
Douglas County Wisconsin | 4 | $ 730,000 | $ 182,000 | $ 58,000 |
Contra Costa County California | 3 | $ 1,025,000 | $ 341,000 | $ 103,000 |
Kern County California | 3 | $ 745,000 | $ 248,000 | $ 109,000 |
Santa Clara County California | 3 | $ 1,245,000 | $ 415,000 | $ 121,000 |
Ventura County California | 3 | $ 1,825,000 | $ 608,000 | $ 108,000 |
Charlotte County Florida | 3 | $ 695,000 | $ 231,000 | $ 117,000 |
Lake County Florida | 3 | $ 665,000 | $ 221,000 | $ 53,000 |
Sarasota County Florida | 3 | $ 685,000 | $ 228,000 | $ 115,000 |
St. Johns County Florida | 3 | $ 865,000 | $ 288,000 | $ 94,000 |
Adams County Idaho | 3 | $ 365,000 | $ 121,000 | $ 45,000 |
Cassia County Idaho | 3 | $ 705,000 | $ 235,000 | $ 69,000 |
Dodge County Minnesota | 3 | $ 625,000 | $ 208,000 | $ 71,000 |
Morrison County Minnesota | 3 | $ 285,000 | $ 95,000 | $ 78,000 |
Mower County Minnesota | 3 | $ 425,000 | $ 141,000 | $ 89,000 |
Winona County Minnesota | 3 | $ 355,000 | $ 118,000 | $ 58,000 |
Essex County New Jersey | 3 | $ 855,000 | $ 285,000 | $ 80,000 |
Warren County New Jersey | 3 | $ 515,000 | $ 171,000 | $ 109,000 |
Luzerne County Pennsylvania | 3 | $ 575,000 | $ 191,000 | $ 60,000 |
Martinsville County Virginia | 3 | $ 245,000 | $ 81,000 | $ 42,000 |
Pierce County Washington | 3 | $ 935,000 | $ 311,000 | $ 109,000 |
Burnett County Wisconsin | 3 | $ 495,000 | $ 165,000 | $ 182,000 |
Santa Cruz County California | 2 | $ 1,290,000 | $ 645,000 | $ 158,000 |
Larimer County Colorado | 2 | $ 800,000 | $ 400,000 | $ 150,000 |
Mesa County Colorado | 2 | $ 370,000 | $ 185,000 | $ 144,000 |
Bay County Florida | 2 | $ 350,000 | $ 175,000 | $ 98,000 |
Broward County Florida | 2 | $ 610,000 | $ 305,000 | $ 80,000 |
Indian River County Florida | 2 | $ 560,000 | $ 280,000 | $ 122,000 |
Palm Beach County Florida | 2 | $ 440,000 | $ 220,000 | $ 137,000 |
Kanabec County Minnesota | 2 | $ 200,000 | $ 100,000 | $ 79,000 |
Otter Tail County Minnesota | 2 | $ 250,000 | $ 125,000 | $ 91,000 |
Sibley County Minnesota | 2 | $ 500,000 | $ 250,000 | $ 122,000 |
Todd County Minnesota | 2 | $ 320,000 | $ 160,000 | $ 140,000 |
Wabasha County Minnesota | 2 | $ 230,000 | $ 115,000 | $ 60,000 |
Wadena County Minnesota | 2 | $ 440,000 | $ 220,000 | $ 54,000 |
Cape May County New Jersey | 2 | $ 340,000 | $ 170,000 | $ 138,000 |
Gloucester County New Jersey | 2 | $ 510,000 | $ 255,000 | $ 62,000 |
Mercer County New Jersey | 2 | $ 420,000 | $ 210,000 | $ 72,000 |
Monmouth County New Jersey | 2 | $ 770,000 | $ 385,000 | $ 160,000 |
Morris County New Jersey | 2 | $ 650,000 | $ 325,000 | $ 78,000 |
Somerset County New Jersey | 2 | $ 940,000 | $ 470,000 | $ 144,000 |
Marion County Oregon | 2 | $ 370,000 | $ 185,000 | $ 78,000 |
Multnomah County Oregon | 2 | $ 720,000 | $ 360,000 | $ 198,000 |
Bradford County Pennsylvania | 2 | $ 310,000 | $ 155,000 | $ 49,000 |
Lancaster County Pennsylvania | 2 | $ 130,000 | $ 65,000 | $ 33,000 |
Dallas County Texas | 2 | $ 460,000 | $ 230,000 | $ 74,000 |
Appomattox County Virginia | 2 | $ 220,000 | $ 110,000 | $ 39,000 |
Orange County Virginia | 2 | $ 900,000 | $ 450,000 | $ 196,000 |
Page County Virginia | 2 | $ 320,000 | $ 160,000 | $ 39,000 |
Prince Edward County Virginia | 2 | $ 50,000 | $ 25,000 | $ 12,000 |
Roanoke County Virginia | 2 | $ 390,000 | $ 195,000 | $ 63,000 |
Shenandoah County Virginia | 2 | $ 200,000 | $ 100,000 | $ 95,000 |
Adams County Washington | 2 | $ 240,000 | $ 120,000 | $ 62,000 |
Spokane County Washington | 2 | $ 570,000 | $ 285,000 | $ 95,000 |
Adams County Wisconsin | 2 | $ 330,000 | $ 165,000 | $ 60,000 |
Dunn County Wisconsin | 2 | $ 370,000 | $ 185,000 | $ 71,000 |
Milwaukee County Wisconsin | 2 | $ 540,000 | $ 270,000 | $ 112,000 |
Pierce County Wisconsin | 2 | $ 450,000 | $ 225,000 | $ 82,000 |
Rock County Wisconsin | 2 | $ 400,000 | $ 200,000 | $ 63,000 |
Sawyer County Wisconsin | 2 | $ 450,000 | $ 225,000 | $ 228,000 |
San Francisco County California | 1 | $ 635,000 | $ 635,000 | $ 46,000 |
San Joaquin County California | 1 | $ 485,000 | $ 485,000 | $ 140,000 |
Yolo County California | 1 | $ 375,000 | $ 375,000 | $ 134,000 |
Clear Creek County Colorado | 1 | $ 335,000 | $ 335,000 | $ 101,000 |
Grand County Colorado | 1 | $ 145,000 | $ 145,000 | $ 40,000 |
Lake County Colorado | 1 | $ 175,000 | $ 175,000 | $ 86,000 |
Montrose County Colorado | 1 | $ 325,000 | $ 325,000 | $ 115,000 |
Morgan County Colorado | 1 | $ 195,000 | $ 195,000 | $ 95,000 |
Park County Colorado | 1 | $ 315,000 | $ 315,000 | $ 132,000 |
Teller County Colorado | 1 | $ 315,000 | $ 315,000 | $ 90,000 |
Bradford County Florida | 1 | $ 165,000 | $ 165,000 | $ 60,000 |
Brevard County Florida | 1 | $ 325,000 | $ 325,000 | $ 140,000 |
Citrus County Florida | 1 | $ 205,000 | $ 205,000 | $ 72,000 |
Flagler County Florida | 1 | $ 145,000 | $ 145,000 | $ 95,000 |
Marion County Florida | 1 | $ 355,000 | $ 355,000 | $ 447,000 |
Miami-Dade County Florida | 1 | $ 1,175,000 | $ 1,175,000 | $ 392,000 |
Monroe County Florida | 1 | $ 335,000 | $ 335,000 | $ 42,000 |
Jefferson County Idaho | 1 | $ 205,000 | $ 205,000 | $ 81,000 |
Payette County Idaho | 1 | $ 255,000 | $ 255,000 | $ 65,000 |
Washington County Idaho | 1 | $ 65,000 | $ 65,000 | $ 22,000 |
Becker County Minnesota | 1 | $ 335,000 | $ 335,000 | $ 138,000 |
Blue Earth County Minnesota | 1 | $ 425,000 | $ 425,000 | $ 371,000 |
Cook County Minnesota | 1 | $ 115,000 | $ 115,000 | $ 68,000 |
Douglas County Minnesota | 1 | $ 265,000 | $ 265,000 | $ 57,000 |
Freeborn County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 55,000 |
Grant County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 77,000 |
Houston County Minnesota | 1 | $ 345,000 | $ 345,000 | $ 120,000 |
Kandiyohi County Minnesota | 1 | $ 115,000 | $ 115,000 | $ 39,000 |
Meeker County Minnesota | 1 | $ 295,000 | $ 295,000 | $ 233,000 |
Nicollet County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 47,000 |
Pope County Minnesota | 1 | $ 395,000 | $ 395,000 | $ 313,000 |
Roseau County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 120,000 |
Steele County Minnesota | 1 | $ 175,000 | $ 175,000 | $ 125,000 |
Waseca County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 32,000 |
Atlantic County New Jersey | 1 | $ 215,000 | $ 215,000 | $ 73,000 |
Ocean County New Jersey | 1 | $ 125,000 | $ 125,000 | $ 49,000 |
Salem County New Jersey | 1 | $ 205,000 | $ 205,000 | $ 70,000 |
Sussex County New Jersey | 1 | $ 205,000 | $ 205,000 | $ 76,000 |
Jefferson County Oregon | 1 | $ 135,000 | $ 135,000 | $ 29,000 |
Lane County Oregon | 1 | $ 135,000 | $ 135,000 | $ 46,000 |
Linn County Oregon | 1 | $ 275,000 | $ 275,000 | $ 129,000 |
Clinton County Pennsylvania | 1 | $ 155,000 | $ 155,000 | $ 102,000 |
Columbia County Pennsylvania | 1 | $ 175,000 | $ 175,000 | $ 50,000 |
York County Pennsylvania | 1 | $ 235,000 | $ 235,000 | $ 95,000 |
Collin County Texas | 1 | $ 235,000 | $ 235,000 | $ 69,000 |
Denton County Texas | 1 | $ 235,000 | $ 235,000 | $ 99,000 |
Harris County Texas | 1 | $ 235,000 | $ 235,000 | $ 168,000 |
Travis County Texas | 1 | $ 265,000 | $ 265,000 | $ 393,000 |
Alexandria County Virginia | 1 | $ 275,000 | $ 275,000 | $ 90,000 |
Buckingham County Virginia | 1 | $ 135,000 | $ 135,000 | $ 35,000 |
Chesapeake County Virginia | 1 | $ 205,000 | $ 205,000 | $ 0 |
Essex County Virginia | 1 | $ 275,000 | $ 275,000 | $ 69,000 |
Fairfax County Virginia | 1 | $ 255,000 | $ 255,000 | $ 530,000 |
Fauquier County Virginia | 1 | $ 505,000 | $ 505,000 | $ 139,000 |
Fluvanna County Virginia | 1 | $ 285,000 | $ 285,000 | $ 74,000 |
Frederick County Virginia | 1 | $ 225,000 | $ 225,000 | $ 100,000 |
Louisa County Virginia | 1 | $ 255,000 | $ 255,000 | $ 95,000 |
Manassas Park County Virginia | 1 | $ 375,000 | $ 375,000 | $ 113,000 |
Pittsylvania County Virginia | 1 | $ 85,000 | $ 85,000 | $ 50,000 |
Richmond County Virginia | 1 | $ 195,000 | $ 195,000 | $ 60,000 |
Staunton County Virginia | 1 | $ 135,000 | $ 135,000 | $ 41,000 |
Wythe County Virginia | 1 | $ 115,000 | $ 115,000 | $ 61,000 |
Chelan County Washington | 1 | $ 375,000 | $ 375,000 | $ 57,000 |
Bayfield County Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 51,000 |
Chippewa County Wisconsin | 1 | $ 85,000 | $ 85,000 | $ 85,000 |
Dane County Wisconsin | 1 | $ 325,000 | $ 325,000 | $ 123,000 |
Door County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 53,000 |
Eau Claire County Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 53,000 |
La Crosse County Wisconsin | 1 | $ 135,000 | $ 135,000 | $ 66,000 |
Marathon County Wisconsin | 1 | $ 385,000 | $ 385,000 | $ 126,000 |
Outagamie County Wisconsin | 1 | $ 185,000 | $ 185,000 | $ 140,000 |
Racine County Wisconsin | 1 | $ 255,000 | $ 255,000 | $ 118,000 |
Sauk County Wisconsin | 1 | $ 255,000 | $ 255,000 | $ 87,000 |
Washburn County Wisconsin | 1 | $ 265,000 | $ 265,000 | $ 182,000 |
Waukesha County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 60,000 |
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 | 2,975 | $642,475,000 | $215,000 | $1,175,000 | $97,000 | $1,081,000 |
Refinancing | 689 | $203,855,000 | $295,000 | $1,535,000 | $113,000 | $1,098,000 |
Cash-out Refinancing | 499 | $134,205,000 | $268,000 | $1,145,000 | $105,000 | $725,000 |
Other Purpose | 3 | $25,000 | $8,000 | $15,000 | $55,000 | $59,000 |
Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 2,922 | $705,590,000 | $241,000 | $1,395,000 | $105,000 | $1,081,000 |
Not Provided | 565 | $126,295,000 | $223,000 | $695,000 | $98,000 | $1,098,000 |
Hispanic | 363 | $82,505,000 | $227,000 | $1,535,000 | $82,000 | $667,000 |
Black or African American | 193 | $38,135,000 | $197,000 | $525,000 | $75,000 | $272,000 |
Asian | 101 | $23,505,000 | $232,000 | $635,000 | $95,000 | $384,000 |
American Indian or Alaskan Native | 12 | $2,570,000 | $214,000 | $575,000 | $78,000 | $156,000 |
Native Hawaiian or Other Pacific Islander | 5 | $765,000 | $153,000 | $235,000 | $62,000 | $136,000 |
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) | 2,976 | $714,690,000 | $240,000 | $1,535,000 | $111,000 | $1,098,000 |
FHA-insured (Federal Housing Administration) | 840 | $185,330,000 | $220,000 | $605,000 | $76,000 | $725,000 |
VA-guaranteed (Veterans Administration) | 220 | $59,200,000 | $269,000 | $805,000 | $75,000 | $272,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 130 | $21,340,000 | $164,000 | $315,000 | $57,000 | $112,000 |
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 | 3,092 | $714,290,000 | $231,000 | $1,145,000 | $101,000 | $1,064,000 |
Application Withdrawn By Applicant | 710 | $174,660,000 | $246,000 | $1,395,000 | $104,000 | $1,098,000 |
Application Denied By Financial Institution | 222 | $53,000,000 | $238,000 | $1,535,000 | $80,000 | $487,000 |
File Closed For Incompleteness | 95 | $25,545,000 | $268,000 | $655,000 | $103,000 | $312,000 |
Application Approved But Not Accepted | 30 | $8,390,000 | $279,000 | $595,000 | $127,000 | $384,000 |
Preapproval Approved but not Accepted | 17 | $4,675,000 | $275,000 | $455,000 | $92,000 | $248,000 |
Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Purchased By The 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 |
---|---|---|---|---|---|---|
Not applicable | 3,944 | $927,560,000 | $235,000 | $1,395,000 | $102,000 | $1,098,000 |
Debt-To-Income Ratio | 75 | $19,985,000 | $266,000 | $1,535,000 | $63,000 | $329,000 |
Credit History | 61 | $14,725,000 | $241,000 | $515,000 | $95,000 | $356,000 |
Other | 28 | $5,010,000 | $178,000 | $495,000 | $79,000 | $240,000 |
Collateral | 21 | $3,725,000 | $177,000 | $805,000 | $95,000 | $487,000 |
Insufficient Cash (Downpayment, Closing Cost) | 15 | $4,415,000 | $294,000 | $615,000 | $88,000 | $158,000 |
Employment History | 11 | $2,435,000 | $221,000 | $485,000 | $69,000 | $137,000 |
Unverifiable Information | 8 | $2,040,000 | $255,000 | $375,000 | $80,000 | $132,000 |
Mortgage Insurance Denied | 2 | $440,000 | $220,000 | $245,000 | $63,000 | $85,000 |
Credit Application Incomplete | 1 | $225,000 | $225,000 | $225,000 | $78,000 | $78,000 |
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.