Trustone Financial Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2006
Trustone Financial Credit Union 2006 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Trustone Financial Credit Union 14601 27Th Avenue North Plymouth, MN 55447 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,368 |
| Total Mortgage Loan Application Amount | $111,837,000 |
| Average Mortgage Loan Application Amount | $98,000 |
| Highest Mortgage Loan Application Amount | $800,000 |
| Average Applicant Income | $85,666 |
| Highest Applicant Income | $2,160,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2006 with Trustone Financial Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Trustone Financial Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2006 breaks down Trustone Financial Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Trustone Financial Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Trustone Financial Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Trustone Financial Credit Union's mortgage activity for 2006.
| 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 | 514 | $ 40,963,000 | $ 79,000 | $ 88,000 |
| Ramsey County Minnesota | 146 | $ 10,487,000 | $ 71,000 | $ 82,000 |
| Dakota County Minnesota | 138 | $ 11,233,000 | $ 81,000 | $ 97,000 |
| Anoka County Minnesota | 90 | $ 5,841,000 | $ 64,000 | $ 87,000 |
| Stearns County Minnesota | 45 | $ 2,294,000 | $ 50,000 | $ 76,000 |
| Wright County Minnesota | 45 | $ 3,970,000 | $ 88,000 | $ 87,000 |
| Washington County Minnesota | 40 | $ 4,302,000 | $ 107,000 | $ 111,000 |
| Renville County Minnesota | 36 | $ 1,953,000 | $ 54,000 | $ 66,000 |
| Sherburne County Minnesota | 28 | $ 2,004,000 | $ 71,000 | $ 90,000 |
| Scott County Minnesota | 24 | $ 1,297,000 | $ 54,000 | $ 103,000 |
| Carver County Minnesota | 14 | $ 949,000 | $ 67,000 | $ 65,000 |
| Redwood County Minnesota | 10 | $ 386,000 | $ 38,000 | $ 53,000 |
| Aitkin County Minnesota | 8 | $ 960,000 | $ 120,000 | $ 81,000 |
| Crow Wing County Minnesota | 7 | $ 443,000 | $ 63,000 | $ 82,000 |
| Goodhue County Minnesota | 7 | $ 432,000 | $ 61,000 | $ 78,000 |
| Kandiyohi County Minnesota | 7 | $ 380,000 | $ 54,000 | $ 47,000 |
| Mille Lacs County Minnesota | 7 | $ 578,000 | $ 82,000 | $ 77,000 |
| Rice County Minnesota | 7 | $ 621,000 | $ 88,000 | $ 83,000 |
| St. Louis County Minnesota | 7 | $ 508,000 | $ 72,000 | $ 78,000 |
| Benton County Minnesota | 6 | $ 336,000 | $ 56,000 | $ 60,000 |
| Isanti County Minnesota | 6 | $ 433,000 | $ 72,000 | $ 73,000 |
| Otter Tail County Minnesota | 6 | $ 283,000 | $ 47,000 | $ 71,000 |
| Yellow Medicine County Minnesota | 6 | $ 338,000 | $ 56,000 | $ 56,000 |
| Chisago County Minnesota | 4 | $ 398,000 | $ 99,000 | $ 107,000 |
| Douglas County Minnesota | 4 | $ 360,000 | $ 90,000 | $ 74,000 |
| Meeker County Minnesota | 4 | $ 274,000 | $ 68,000 | $ 108,000 |
| Morrison County Minnesota | 4 | $ 151,000 | $ 37,000 | $ 88,000 |
| St. Croix County Wisconsin | 4 | $ 525,000 | $ 131,000 | $ 92,000 |
| Beltrami County Minnesota | 3 | $ 156,000 | $ 52,000 | $ 60,000 |
| Cass County Minnesota | 3 | $ 265,000 | $ 88,000 | $ 67,000 |
| Chippewa County Minnesota | 3 | $ 54,000 | $ 18,000 | $ 80,000 |
| Hubbard County Minnesota | 3 | $ 200,000 | $ 66,000 | $ 68,000 |
| Le Sueur County Minnesota | 3 | $ 146,000 | $ 48,000 | $ 104,000 |
| Martin County Minnesota | 3 | $ 209,000 | $ 69,000 | $ 113,000 |
| Swift County Minnesota | 3 | $ 107,000 | $ 35,000 | $ 55,000 |
| Clay County Minnesota | 2 | $ 59,000 | $ 29,000 | $ 68,000 |
| Cook County Minnesota | 2 | $ 137,000 | $ 68,000 | $ 253,000 |
| Itasca County Minnesota | 2 | $ 183,000 | $ 91,000 | $ 66,000 |
| Lac qui Parle County Minnesota | 2 | $ 214,000 | $ 107,000 | $ 63,000 |
| McLeod County Minnesota | 2 | $ 155,000 | $ 77,000 | $ 49,000 |
| Murray County Minnesota | 2 | $ 193,000 | $ 96,000 | $ 197,000 |
| Nobles County Minnesota | 2 | $ 200,000 | $ 100,000 | $ 92,000 |
| Pine County Minnesota | 2 | $ 68,000 | $ 34,000 | $ 116,000 |
| Todd County Minnesota | 2 | $ 209,000 | $ 104,000 | $ 70,000 |
| Burnett County Wisconsin | 2 | $ 368,000 | $ 184,000 | $ 143,000 |
| Eau Claire County Wisconsin | 2 | $ 164,000 | $ 82,000 | $ 98,000 |
| La Crosse County Wisconsin | 2 | $ 224,000 | $ 112,000 | $ 80,000 |
| Pierce County Wisconsin | 2 | $ 60,000 | $ 30,000 | $ 55,000 |
| Sawyer County Wisconsin | 2 | $ 560,000 | $ 280,000 | $ 67,000 |
| Clearwater County Minnesota | 1 | $ 76,000 | $ 76,000 | $ 72,000 |
| Kanabec County Minnesota | 1 | $ 38,000 | $ 38,000 | $ 70,000 |
| Koochiching County Minnesota | 1 | $ 60,000 | $ 60,000 | $ 97,000 |
| Lake County Minnesota | 1 | $ 360,000 | $ 360,000 | $ 177,000 |
| Lincoln County Minnesota | 1 | $ 80,000 | $ 80,000 | $ 108,000 |
| Nicollet County Minnesota | 1 | $ 30,000 | $ 30,000 | $ 93,000 |
| Olmsted County Minnesota | 1 | $ 40,000 | $ 40,000 | $ 140,000 |
| Pennington County Minnesota | 1 | $ 10,000 | $ 10,000 | $ 38,000 |
| Wadena County Minnesota | 1 | $ 117,000 | $ 117,000 | $ 22,000 |
| Douglas County Wisconsin | 1 | $ 10,000 | $ 10,000 | $ 14,000 |
| Polk County Wisconsin | 1 | $ 47,000 | $ 47,000 | $ 240,000 |
Mortgage Loan Application Detail Totals for Trustone Financial Credit Union in 2006
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 | 753 | $73,393,000 | $97,000 | $440,000 | $84,000 | $463,000 |
| Home Improvement | 483 | $16,845,000 | $34,000 | $225,000 | $92,000 | $432,000 |
| Home Purchase | 132 | $21,599,000 | $163,000 | $800,000 | $81,000 | $2,160,000 |
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 | 928 | $77,200,000 | $83,000 | $800,000 | $89,000 | $2,160,000 |
| Not Provided | 368 | $27,505,000 | $74,000 | $410,000 | $83,000 | $306,000 |
| Black or African American | 33 | $3,537,000 | $107,000 | $349,000 | $74,000 | $170,000 |
| Asian | 27 | $2,234,000 | $82,000 | $208,000 | $74,000 | $192,000 |
| Hispanic | 8 | $809,000 | $101,000 | $440,000 | $80,000 | $120,000 |
| American Indian or Alaskan Native | 3 | $507,000 | $169,000 | $338,000 | $60,000 | $110,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $45,000 | $45,000 | $45,000 | $63,000 | $63,000 |
| 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) | 1,367 | $111,687,000 | $81,000 | $800,000 | $87,000 | $2,160,000 |
| VA-guaranteed (Veterans Administration) | 1 | $150,000 | $150,000 | $150,000 | $39,000 | $39,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 951 | $62,577,000 | $65,000 | $417,000 | $90,000 | $463,000 |
| Application Approved But Not Accepted | 186 | $17,174,000 | $92,000 | $360,000 | $86,000 | $306,000 |
| Application Denied By Financial Institution | 66 | $7,162,000 | $108,000 | $400,000 | $58,000 | $170,000 |
| File Closed For Incompleteness | 62 | $6,132,000 | $98,000 | $380,000 | $81,000 | $211,000 |
| Application Withdrawn By Applicant | 47 | $9,219,000 | $196,000 | $800,000 | $111,000 | $2,160,000 |
| Preapproval Denied by Financial Institution | 46 | $7,508,000 | $163,000 | $350,000 | $54,000 | $240,000 |
| Preapproval Approved but not Accepted | 10 | $2,065,000 | $206,000 | $280,000 | $63,000 | $95,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 49 | $5,596,000 | $114,000 | $307,000 | $48,000 | $170,000 |
| Credit History | 46 | $6,462,000 | $140,000 | $400,000 | $61,000 | $159,000 |
| Collateral | 11 | $1,504,000 | $136,000 | $300,000 | $77,000 | $240,000 |
| Employment History | 3 | $598,000 | $199,000 | $263,000 | $73,000 | $144,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $295,000 | $295,000 | $295,000 | $61,000 | $61,000 |
| Credit Application Incomplete | 1 | $50,000 | $50,000 | $50,000 | $25,000 | $25,000 |
| Unverifiable Information | 1 | $165,000 | $165,000 | $165,000 | $26,000 | $26,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Trustone Financial Credit Union's 2006 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Trustone Financial Credit Union's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Minnesota, download the full spreadsheet
with aggregated HMDA statistics today.