Summit Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2003

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, #100
Plymouth, MN 55441
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 13,111
Total Mortgage Loan Application Amount $2,241,529,000
Average Mortgage Loan Application Amount $169,881
Highest Mortgage Loan Application Amount $3,522,000
Average Applicant Income $75,842
Highest Applicant Income $6,585,000

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 Metropolitan Area in 2003

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
MINNEAPOLIS-ST. PAUL, MN-WI 6,479 $ 1,210,449,000 $ 186,000 $ 48,000
DETROIT, MI 584 $ 90,320,000 $ 154,000 $ 56,000
SEATTLE-BELLEVUE-EVERETT, WA 504 $ 94,749,000 $ 187,000 $ 63,000
MILWAUKEE-WAUKESHA, WI 494 $ 67,995,000 $ 137,000 $ 46,000
DULUTH-SUPERIOR, MN-WI 339 $ 37,233,000 $ 109,000 $ 60,000
DENVER, CO 255 $ 45,125,000 $ 176,000 $ 57,000
SPRINGFIELD, MO 194 $ 18,762,000 $ 96,000 $ 37,000
KANSAS CITY, MO-KS 193 $ 24,343,000 $ 126,000 $ 71,000
PHOENIX-MESA, AZ 133 $ 16,478,000 $ 123,000 $ 32,000
ROCHESTER, MN 124 $ 20,604,000 $ 166,000 $ 76,000
GRAND RAPIDS-MUSKEGON-HOLLAND, MI 115 $ 15,297,000 $ 133,000 $ 45,000
SIOUX FALLS, SD 96 $ 13,336,000 $ 138,000 $ 61,000
ATLANTA, GA 95 $ 16,610,000 $ 174,000 $ 59,000
ST. CLOUD, MN 94 $ 11,111,000 $ 118,000 $ 35,000
CHICAGO, IL 88 $ 19,889,000 $ 226,000 $ 88,000
BOULDER-LONGMONT, CO 70 $ 17,790,000 $ 254,000 $ 124,000
COLORADO SPRINGS, CO 53 $ 8,422,000 $ 158,000 $ 61,000
FORT COLLINS-LOVELAND, CO 53 $ 10,623,000 $ 200,000 $ 78,000
SAN DIEGO, CA 52 $ 15,758,000 $ 303,000 $ 110,000
SAGINAW-BAY CITY-MIDLAND, MI 49 $ 8,746,000 $ 178,000 $ 44,000
WASHINGTON, DC-MD-VA-WV 47 $ 8,881,000 $ 188,000 $ 50,000
OMAHA, NE-IA 43 $ 4,846,000 $ 112,000 $ 34,000
BALTIMORE, MD 39 $ 11,072,000 $ 283,000 $ 117,000
ST. LOUIS, MO-IL 38 $ 8,591,000 $ 226,000 $ 66,000
SHREVEPORT-BOSSIER CITY, LA 33 $ 2,875,000 $ 87,000 $ 35,000
LOS ANGELES-LONG BEACH, CA 30 $ 9,328,000 $ 310,000 $ 104,000
RACINE, WI 30 $ 4,095,000 $ 136,000 $ 37,000
TACOMA, WA 27 $ 5,437,000 $ 201,000 $ 82,000
GREELEY, CO 25 $ 3,307,000 $ 132,000 $ 47,000
SHEBOYGAN, WI 23 $ 3,302,000 $ 143,000 $ 44,000
ORANGE COUNTY, CA 21 $ 6,126,000 $ 291,000 $ 110,000
CHARLOTTE-GASTONIA-ROCK HILL, NC-SC 20 $ 3,432,000 $ 171,000 $ 104,000
FORT WAYNE, IN 20 $ 4,719,000 $ 235,000 $ 75,000
PORTLAND-VANCOUVER, OR-WA 20 $ 3,262,000 $ 163,000 $ 82,000
WICHITA, KS 20 $ 3,421,000 $ 171,000 $ 59,000
APPLETON-OSHKOSH-NEENAH, WI 19 $ 2,039,000 $ 107,000 $ 31,000
RALEIGH-DURHAM-CHAPEL HILL, NC 19 $ 3,386,000 $ 178,000 $ 129,000
KENOSHA, WI 17 $ 1,975,000 $ 116,000 $ 35,000
PHILADELPHIA, PA-NJ 16 $ 2,451,000 $ 153,000 $ 61,000
ANN ARBOR, MI 15 $ 3,432,000 $ 228,000 $ 93,000
MADISON, WI 14 $ 2,363,000 $ 168,000 $ 34,000
BELLINGHAM, WA 10 $ 1,015,000 $ 101,000 $ 51,000
COLUMBUS, OH 10 $ 1,481,000 $ 148,000 $ 108,000
DES MOINES, IA 10 $ 1,097,000 $ 109,000 $ 67,000
PITTSBURGH, PA 10 $ 1,216,000 $ 121,000 $ 109,000
ALLENTOWN-BETHLEHEM-EASTON, PA 9 $ 1,395,000 $ 155,000 $ 116,000
NORFOLK-VIRGINIA BEACH-NEWPORT NEWS, VA-NC 9 $ 1,540,000 $ 171,000 $ 76,000
RICHMOND-PETERSBURG, VA 9 $ 1,414,000 $ 157,000 $ 50,000
LAS VEGAS, NV-AZ 8 $ 1,617,000 $ 202,000 $ 87,000
OAKLAND, CA 8 $ 5,062,000 $ 632,000 $ 54,000
RIVERSIDE-SAN BERNARDINO, CA 8 $ 1,613,000 $ 201,000 $ 156,000
SAN JOSE, CA 8 $ 2,850,000 $ 356,000 $ 93,000
LA CROSSE, WI-MN 7 $ 688,000 $ 98,000 $ 49,000
VENTURA, CA 7 $ 2,788,000 $ 398,000 $ 81,000
FLINT, MI 6 $ 793,000 $ 132,000 $ 64,000
LINCOLN, NE 6 $ 562,000 $ 93,000 $ 66,000
ALBUQUERQUE, NM 5 $ 742,000 $ 148,000 $ 51,000
MEMPHIS, TN-AR-MS 5 $ 684,000 $ 136,000 $ 52,000
SACRAMENTO, CA 5 $ 1,234,000 $ 246,000 $ 69,000
EAU CLAIRE, WI 4 $ 375,000 $ 93,000 $ 18,000
GRAND JUNCTION, CO 4 $ 1,067,000 $ 266,000 $ 62,000
GREEN BAY, WI 4 $ 442,000 $ 110,000 $ 6,000
INDIANAPOLIS, IN 4 $ 968,000 $ 242,000 $ 172,000
OLYMPIA, WA 4 $ 691,000 $ 172,000 $ 66,000
WAUSAU, WI 4 $ 632,000 $ 158,000 $ 72,000
YAKIMA, WA 4 $ 635,000 $ 158,000 $ 74,000
BREMERTON, WA 3 $ 564,000 $ 188,000 $ 149,000
DAYTONA BEACH, FL 3 $ 529,000 $ 176,000 $ 86,000
DUBUQUE, IA 3 $ 220,000 $ 73,000 $ 32,000
FARGO-MOORHEAD, ND-MN 3 $ 505,000 $ 168,000 $ 74,000
FORT WORTH-ARLINGTON, TX 3 $ 417,000 $ 139,000 $ 36,000
JACKSON, MI 3 $ 343,000 $ 114,000 $ 47,000
JANESVILLE-BELOIT, WI 3 $ 293,000 $ 97,000 $ 29,000
KNOXVILLE, TN 3 $ 364,000 $ 121,000 $ 61,000
LANSING-EAST LANSING, MI 3 $ 418,000 $ 139,000 $ 105,000
LITTLE ROCK-NORTH LITTLE ROCK, AR 3 $ 205,000 $ 68,000 $ 40,000
SAVANNAH, GA 3 $ 279,000 $ 93,000 $ 39,000
SPOKANE, WA 3 $ 280,000 $ 93,000 $ 50,000
TUCSON, AZ 3 $ 365,000 $ 121,000 $ 21,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 2 $ 236,000 $ 118,000 $ 19,000
FORT LAUDERDALE, FL 2 $ 205,000 $ 102,000 $ 91,000
JOPLIN, MO 2 $ 114,000 $ 57,000 $ 28,000
LAWRENCE, MA-NH 2 $ 1,180,000 $ 590,000 $ 160,000
NASHVILLE, TN 2 $ 255,000 $ 127,000 $ 78,000
PUEBLO, CO 2 $ 184,000 $ 92,000 $ 54,000
ROANOKE, VA 2 $ 226,000 $ 113,000 $ 39,000
SANTA BARBARA-SANTA MARIA-LOMPOC, CA 2 $ 883,000 $ 441,000 $ 85,000
SANTA ROSA, CA 2 $ 644,000 $ 322,000 $ 193,000
SPRINGFIELD, IL 2 $ 130,000 $ 65,000 $ 51,000
VALLEJO-FAIRFIELD-NAPA, CA 2 $ 523,000 $ 261,000 $ 180,000
YORK, PA 2 $ 364,000 $ 182,000 $ 91,000
AKRON, OH 1 $ 132,000 $ 132,000 $ 120,000
ALEXANDRIA, LA 1 $ 55,000 $ 55,000 $ 35,000
ALTOONA, PA 1 $ 129,000 $ 129,000 $ 37,000
ANCHORAGE, AK 1 $ 140,000 $ 140,000 $ 91,000
ATHENS, GA 1 $ 460,000 $ 460,000 $ 136,000
BILOXI-GULFPORT-PASCAGOULA, MS 1 $ 125,000 $ 125,000 $ 84,000
BLOOMINGTON-NORMAL, IL 1 $ 200,000 $ 200,000 $ 572,000
BOSTON, MA-NH 1 $ 145,000 $ 145,000 $ 74,000
CASPER, WY 1 $ 93,000 $ 93,000 $ 0
CEDAR RAPIDS, IA 1 $ 124,000 $ 124,000 $ 32,000
CHARLESTON-NORTH CHARLESTON, SC 1 $ 141,000 $ 141,000 $ 118,000
CHARLOTTESVILLE, VA 1 $ 272,000 $ 272,000 $ 120,000
CHEYENNE, WY 1 $ 96,000 $ 96,000 $ 49,000
COLUMBIA, SC 1 $ 126,000 $ 126,000 $ 53,000
CUMBERLAND, MD-WV 1 $ 212,000 $ 212,000 $ 66,000
DALLAS, TX 1 $ 55,000 $ 55,000 $ 112,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 1 $ 97,000 $ 97,000 $ 0
DECATUR, IL 1 $ 90,000 $ 90,000 $ 40,000
FAYETTEVILLE, NC 1 $ 126,000 $ 126,000 $ 56,000
FLAGSTAFF, AZ-UT 1 $ 108,000 $ 108,000 $ 172,000
GOLDSBORO, NC 1 $ 122,000 $ 122,000 $ 79,000
GRAND FORKS, ND-MN 1 $ 160,000 $ 160,000 $ 52,000
GREENSBORO--WINSTON-SALEM--HIGH POINT, NC 1 $ 82,000 $ 82,000 $ 104,000
HAGERSTOWN, MD 1 $ 143,000 $ 143,000 $ 52,000
HARRISBURG-LEBANON-CARLISLE, PA 1 $ 172,000 $ 172,000 $ 79,000
HICKORY-MORGANTON-LENOIR, NC 1 $ 132,000 $ 132,000 $ 65,000
HOUSTON, TX 1 $ 66,000 $ 66,000 $ 84,000
IOWA CITY, IA 1 $ 113,000 $ 113,000 $ 0
JACKSONVILLE, FL 1 $ 210,000 $ 210,000 $ 189,000
LAS CRUCES, NM 1 $ 92,000 $ 92,000 $ 0
MIAMI, FL 1 $ 269,000 $ 269,000 $ 114,000
MODESTO, CA 1 $ 109,000 $ 109,000 $ 43,000
MYRTLE BEACH, SC 1 $ 264,000 $ 264,000 $ 87,000
NAPLES, FL 1 $ 360,000 $ 360,000 $ 304,000
PEORIA-PEKIN, IL 1 $ 140,000 $ 140,000 $ 156,000
PROVIDENCE-FALL RIVER-WARWICK, RI-MA 1 $ 196,000 $ 196,000 $ 82,000
RICHLAND-KENNEWICK-PASCO, WA 1 $ 59,000 $ 59,000 $ 0
ROCKFORD, IL 1 $ 38,000 $ 38,000 $ 54,000
ROCKY MOUNT, NC 1 $ 67,000 $ 67,000 $ 71,000
SALEM, OR 1 $ 138,000 $ 138,000 $ 18,000
SANTA FE, NM 1 $ 199,000 $ 199,000 $ 63,000
SIOUX CITY, IA-NE 1 $ 65,000 $ 65,000 $ 45,000
ST. JOSEPH, MO 1 $ 46,000 $ 46,000 $ 0
STAMFORD-NORWALK, CT 1 $ 600,000 $ 600,000 $ 306,000
STATE COLLEGE, PA 1 $ 200,000 $ 200,000 $ 114,000
TOPEKA, KS 1 $ 155,000 $ 155,000 $ 70,000
TULSA, OK 1 $ 310,000 $ 310,000 $ 104,000
WATERLOO-CEDAR FALLS, IA 1 $ 172,000 $ 172,000 $ 84,000
WEST PALM BEACH-BOCA RATON, FL 1 $ 222,000 $ 222,000 $ 169,000

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 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
Refinancing (home purchase or home improvement, one-to-four family) 9,378 $1,611,324,000 $168,972 $3,522,000 $71,540 $5,698,000
Home Purchase (one-to-four family) 3,730 $629,738,000 $172,000 $1,330,000 $78,500 $6,585,000
Home Improvement (one-to-four family) 3 $467,000 $155,666 $322,000 $97,000 $141,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 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 11,482 $1,967,253,000 $184,125 $3,522,000 $81,600 $6,585,000
Asian or Pacific Islander 433 $77,527,000 $214,944 $735,000 $77,222 $415,000
Black 365 $54,153,000 $144,750 $564,000 $47,650 $276,000
Information not provided by applicant in mail or telephone application 342 $59,719,000 $180,285 $800,000 $54,142 $744,000
Hispanic 334 $51,636,000 $149,578 $607,000 $52,105 $171,000
Other 126 $25,542,000 $194,500 $1,000,000 $68,562 $369,000
American Indian or Alaskan Native 23 $4,267,000 $189,555 $421,000 $163,333 $864,000
Not applicable 6 $1,432,000 $208,333 $310,000 $47,666 $99,000

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) 11,832 $2,064,459,000 $185,926 $3,522,000 $84,268 $6,585,000
FHA-insured (Federal Housing Administration) 1,073 $146,609,000 $126,954 $360,000 $36,136 $164,000
VA-guaranteed (Veterans Administration) 206 $30,461,000 $135,705 $267,000 $36,176 $150,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

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 9,187 $1,595,550,000 $160,090 $2,000,000 $68,424 $6,585,000
Loan Purchased By The Institution 1,780 $289,419,000 $196,545 $850,000 $91,590 $1,148,000
File Closed For Incompleteness 1,348 $226,570,000 $174,972 $3,522,000 $69,081 $1,564,000
Application Withdrawn By Applicant 499 $77,946,000 $155,653 $1,270,000 $62,846 $948,000
Application Approved But Not Accepted 244 $42,365,000 $173,240 $1,000,000 $66,320 $447,000
Application Denied By Financial Institution 53 $9,679,000 $213,800 $705,000 $67,333 $300,000

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
Other 1 $693,000 $693,000 $693,000 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
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

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.

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