Think Mutual Bank Mortgage Lending & HMDA Data, 2013

In 2013, Think Mutual Bank of Rochester, MN reported 2,002 mortgage applications totaling $266.9 million, down 3% from 2012. The average application was for $133,329, and applicants reported an average income of $94,224. 65% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Rochester, MN (1,050), Minneapolis-St. Paul-Bloomington, MN-WI (391) and Chicago-Joliet-Naperville, IL (98) (applications in parentheses).

Mortgage Company & Address Think Mutual Bank
5200 Members Parkway Nw
Rochester, MN 55901
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 2,002
Total Mortgage Loan Application Amount $266,925,000
Average Mortgage Loan Application Amount $133,329
Highest Mortgage Loan Application Amount $1,040,000
Average Applicant Income $94,224
Highest Applicant Income $963,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Think Mutual Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Think Mutual Bank by County in 2013

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Olmsted, Minnesota 927 $ 121,618,000 $ 131,195 $ 88,000
Hennepin, Minnesota 138 $ 26,342,000 $ 190,884 $ 123,000
Dakota, Minnesota 91 $ 13,873,000 $ 152,450 $ 117,000
Dodge, Minnesota 80 $ 8,904,000 $ 111,300 $ 77,000
Cook, Illinois 55 $ 10,071,000 $ 183,109 $ 129,000
Ramsey, Minnesota 53 $ 7,369,000 $ 139,037 $ 91,000
Goodhue, Minnesota 50 $ 5,516,000 $ 110,320 $ 73,000
Wabasha, Minnesota 43 $ 5,033,000 $ 117,046 $ 75,000
Fillmore, Minnesota 39 $ 3,647,000 $ 93,512 $ 82,000
Anoka, Minnesota 36 $ 4,578,000 $ 127,166 $ 89,000
Mower, Minnesota 25 $ 2,039,000 $ 81,560 $ 58,000
Washington, Minnesota 19 $ 2,778,000 $ 146,210 $ 130,000
Johnson, Kansas 17 $ 2,542,000 $ 149,529 $ 131,000
Scott, Minnesota 17 $ 3,573,000 $ 210,176 $ 92,000
Jackson, Missouri 17 $ 1,345,000 $ 79,117 $ 69,000
St. Charles, Missouri 15 $ 1,767,000 $ 117,800 $ 79,000
Will, Illinois 14 $ 2,624,000 $ 187,428 $ 109,000
DuPage, Illinois 13 $ 1,190,000 $ 91,538 $ 104,000
Winona, Minnesota 13 $ 1,734,000 $ 133,384 $ 71,000
Wright, Minnesota 12 $ 1,565,000 $ 130,416 $ 91,000
Maricopa, Arizona 11 $ 1,390,000 $ 126,363 $ 80,000
Carver, Minnesota 11 $ 1,197,000 $ 108,818 $ 70,000
Kane, Illinois 10 $ 1,309,000 $ 130,900 $ 88,000
Douglas, Nebraska 10 $ 422,000 $ 42,200 $ 83,000
Waukesha, Wisconsin 9 $ 728,000 $ 80,888 $ 129,000
Polk, Iowa 8 $ 958,000 $ 119,750 $ 87,000
Rice, Minnesota 8 $ 1,547,000 $ 193,375 $ 124,000
Douglas, Illinois 7 $ 325,000 $ 46,428 $ 85,000
Lake, Illinois 7 $ 1,195,000 $ 170,714 $ 175,000
Cass, Minnesota 6 $ 1,378,000 $ 229,666 $ 204,000
Crow Wing, Minnesota 6 $ 952,000 $ 158,666 $ 138,000
Otter Tail, Minnesota 6 $ 582,000 $ 97,000 $ 68,000
St. Louis, Missouri 6 $ 425,000 $ 70,833 $ 102,000
St. Croix, Wisconsin 6 $ 957,000 $ 159,500 $ 86,000
Steele, Minnesota 5 $ 693,000 $ 138,600 $ 94,000
Milwaukee, Wisconsin 5 $ 860,000 $ 172,000 $ 123,000
Pima, Arizona 4 $ 771,000 $ 192,750 $ 145,000
Manatee, Florida 4 $ 559,000 $ 139,750 $ 95,000
Madison, Illinois 4 $ 252,000 $ 63,000 $ 89,000
McHenry, Illinois 4 $ 1,371,000 $ 342,750 $ 196,000
Douglas, Minnesota 4 $ 117,000 $ 29,250 $ 144,000
St. Louis, Minnesota 4 $ 316,000 $ 79,000 $ 160,000
Dane, Wisconsin 4 $ 423,000 $ 105,750 $ 161,000
Chisago, Minnesota 3 $ 571,000 $ 190,333 $ 87,000
Sherburne, Minnesota 3 $ 500,000 $ 166,666 $ 125,000
Boone, Missouri 3 $ 36,000 $ 12,000 $ 72,000
Cass, Missouri 3 $ 869,000 $ 289,666 $ 104,000
St. Louis City, Missouri 3 $ 166,000 $ 55,333 $ 110,000
Pepin, Wisconsin 3 $ 571,000 $ 190,333 $ 123,000
Racine, Wisconsin 3 $ 42,000 $ 14,000 $ 92,000
Mohave, Arizona 2 $ 153,000 $ 76,500 $ 61,000
Miller, Arkansas 2 $ 30,000 $ 15,000 $ 52,000
Riverside, California 2 $ 15,000 $ 7,500 $ 113,000
Gulf, Florida 2 $ 278,000 $ 139,000 $ 157,000
Pasco, Florida 2 $ 324,000 $ 162,000 $ 142,000
Sarasota, Florida 2 $ 283,000 $ 141,500 $ 86,000
LaSalle, Illinois 2 $ 212,000 $ 106,000 $ 67,000
Lake, Indiana 2 $ 371,000 $ 185,500 $ 85,000
Benton, Iowa 2 $ 33,000 $ 16,500 $ 42,000
Dallas, Iowa 2 $ 103,000 $ 51,500 $ 114,000
Shawnee, Kansas 2 $ 127,000 $ 63,500 $ 75,000
Wyandotte, Kansas 2 $ 231,000 $ 115,500 $ 117,000
Prince George's, Maryland 2 $ 8,000 $ 4,000 $ 67,000
Cottonwood, Minnesota 2 $ 38,000 $ 19,000 $ 32,000
Houston, Minnesota 2 $ 338,000 $ 169,000 $ 109,000
Hubbard, Minnesota 2 $ 527,000 $ 263,500 $ 80,000
Isanti, Minnesota 2 $ 359,000 $ 179,500 $ 79,000
Itasca, Minnesota 2 $ 414,000 $ 207,000 $ 105,000
Le Sueur, Minnesota 2 $ 242,000 $ 121,000 $ 66,000
Stearns, Minnesota 2 $ 365,000 $ 182,500 $ 70,000
Waseca, Minnesota 2 $ 236,000 $ 118,000 $ 60,000
Clay, Missouri 2 $ 97,000 $ 48,500 $ 50,000
Jasper, Missouri 2 $ 251,000 $ 125,500 $ 77,000
Taney, Missouri 2 $ 256,000 $ 128,000 $ 56,000
Cass, Nebraska 2 $ 115,000 $ 57,500 $ 65,000
Dallas, Texas 2 $ 34,000 $ 17,000 $ 136,000
Brown, Wisconsin 2 $ 116,000 $ 58,000 $ 187,000
Burnett, Wisconsin 2 $ 151,000 $ 75,500 $ 82,000
Jefferson, Wisconsin 2 $ 156,000 $ 78,000 $ 150,000
Marathon, Wisconsin 2 $ 78,000 $ 39,000 $ 54,000
Ozaukee, Wisconsin 2 $ 175,000 $ 87,500 $ 68,000
Walworth, Wisconsin 2 $ 360,000 $ 180,000 $ 91,000
Washington, Wisconsin 2 $ 318,000 $ 159,000 $ 101,000
Pinal, Arizona 1 $ 112,000 $ 112,000 $ 72,000
Benton, Arkansas 1 $ 12,000 $ 12,000 $ 58,000
Alameda, California 1 $ 27,000 $ 27,000 $ 0
San Luis Obispo, California 1 $ 8,000 $ 8,000 $ 0
Park, Colorado 1 $ 7,000 $ 7,000 $ 61,000
Alachua, Florida 1 $ 63,000 $ 63,000 $ 67,000
Citrus, Florida 1 $ 117,000 $ 117,000 $ 85,000
Collier, Florida 1 $ 250,000 $ 250,000 $ 100,000
Indian River, Florida 1 $ 110,000 $ 110,000 $ 80,000
Lee, Florida 1 $ 170,000 $ 170,000 $ 117,000
Orange, Florida 1 $ 417,000 $ 417,000 $ 332,000
Polk, Florida 1 $ 50,000 $ 50,000 $ 58,000
Seminole, Florida 1 $ 240,000 $ 240,000 $ 88,000
St. Johns, Florida 1 $ 100,000 $ 100,000 $ 64,000
Wakulla, Florida 1 $ 139,000 $ 139,000 $ 64,000
Cobb, Georgia 1 $ 8,000 $ 8,000 $ 0
Adams, Illinois 1 $ 8,000 $ 8,000 $ 0
Boone, Illinois 1 $ 10,000 $ 10,000 $ 38,000
Calhoun, Illinois 1 $ 66,000 $ 66,000 $ 68,000
DeKalb, Illinois 1 $ 18,000 $ 18,000 $ 127,000
Kendall, Illinois 1 $ 170,000 $ 170,000 $ 172,000
McLean, Illinois 1 $ 102,000 $ 102,000 $ 65,000
Rock Island, Illinois 1 $ 133,000 $ 133,000 $ 150,000
Shelby, Illinois 1 $ 17,000 $ 17,000 $ 0
St. Clair, Illinois 1 $ 112,000 $ 112,000 $ 117,000
Winnebago, Illinois 1 $ 112,000 $ 112,000 $ 120,000
Hamilton, Indiana 1 $ 5,000 $ 5,000 $ 205,000
Hendricks, Indiana 1 $ 221,000 $ 221,000 $ 103,000
Marion, Indiana 1 $ 7,000 $ 7,000 $ 117,000
Porter, Indiana 1 $ 45,000 $ 45,000 $ 56,000
Bremer, Iowa 1 $ 199,000 $ 199,000 $ 250,000
Cerro Gordo, Iowa 1 $ 176,000 $ 176,000 $ 140,000
Clayton, Iowa 1 $ 79,000 $ 79,000 $ 69,000
Hardin, Iowa 1 $ 84,000 $ 84,000 $ 30,000
Humboldt, Iowa 1 $ 60,000 $ 60,000 $ 100,000
Ida, Iowa 1 $ 3,000 $ 3,000 $ 0
Sac, Iowa 1 $ 150,000 $ 150,000 $ 160,000
Scott, Iowa 1 $ 54,000 $ 54,000 $ 27,000
Sedgwick, Kansas 1 $ 316,000 $ 316,000 $ 148,000
Washtenaw, Michigan 1 $ 8,000 $ 8,000 $ 50,000
Aitkin, Minnesota 1 $ 175,000 $ 175,000 $ 168,000
Becker, Minnesota 1 $ 280,000 $ 280,000 $ 74,000
Blue Earth, Minnesota 1 $ 324,000 $ 324,000 $ 132,000
Carlton, Minnesota 1 $ 176,000 $ 176,000 $ 103,000
Clay, Minnesota 1 $ 10,000 $ 10,000 $ 23,000
Freeborn, Minnesota 1 $ 99,000 $ 99,000 $ 63,000
McLeod, Minnesota 1 $ 120,000 $ 120,000 $ 74,000
Mille Lacs, Minnesota 1 $ 260,000 $ 260,000 $ 215,000
Pennington, Minnesota 1 $ 140,000 $ 140,000 $ 39,000
Pope, Minnesota 1 $ 175,000 $ 175,000 $ 182,000
Barry, Missouri 1 $ 156,000 $ 156,000 $ 217,000
Buchanan, Missouri 1 $ 67,000 $ 67,000 $ 32,000
Christian, Missouri 1 $ 69,000 $ 69,000 $ 189,000
Greene, Missouri 1 $ 144,000 $ 144,000 $ 49,000
Jefferson, Missouri 1 $ 82,000 $ 82,000 $ 82,000
Lincoln, Missouri 1 $ 104,000 $ 104,000 $ 126,000
Pettis, Missouri 1 $ 52,000 $ 52,000 $ 69,000
Ray, Missouri 1 $ 240,000 $ 240,000 $ 65,000
Ste. Genevieve, Missouri 1 $ 136,000 $ 136,000 $ 93,000
Stone, Missouri 1 $ 328,000 $ 328,000 $ 119,000
Dakota, Nebraska 1 $ 42,000 $ 42,000 $ 50,000
Lancaster, Nebraska 1 $ 80,000 $ 80,000 $ 46,000
Madison, Nebraska 1 $ 187,000 $ 187,000 $ 100,000
Washington, Nebraska 1 $ 141,000 $ 141,000 $ 135,000
Clark, Nevada 1 $ 5,000 $ 5,000 $ 52,000
Alamance, North Carolina 1 $ 7,000 $ 7,000 $ 47,000
Mecklenburg, North Carolina 1 $ 8,000 $ 8,000 $ 40,000
Cass, North Dakota 1 $ 226,000 $ 226,000 $ 96,000
Grand Forks, North Dakota 1 $ 112,000 $ 112,000 $ 188,000
Clark, Ohio 1 $ 2,000 $ 2,000 $ 41,000
Washington, Oklahoma 1 $ 25,000 $ 25,000 $ 133,000
Brookings, South Dakota 1 $ 327,000 $ 327,000 $ 134,000
Minnehaha, South Dakota 1 $ 190,000 $ 190,000 $ 80,000
Pennington, South Dakota 1 $ 332,000 $ 332,000 $ 110,000
Tarrant, Texas 1 $ 12,000 $ 12,000 $ 112,000
Travis, Texas 1 $ 15,000 $ 15,000 $ 125,000
Tooele, Utah 1 $ 23,000 $ 23,000 $ 76,000
Buffalo, Wisconsin 1 $ 75,000 $ 75,000 $ 94,000
Dodge, Wisconsin 1 $ 156,000 $ 156,000 $ 200,000
Door, Wisconsin 1 $ 142,000 $ 142,000 $ 212,000
Eau Claire, Wisconsin 1 $ 151,000 $ 151,000 $ 80,000
Fond du Lac, Wisconsin 1 $ 130,000 $ 130,000 $ 40,000
La Crosse, Wisconsin 1 $ 15,000 $ 15,000 $ 76,000
Manitowoc, Wisconsin 1 $ 328,000 $ 328,000 $ 132,000
Outagamie, Wisconsin 1 $ 45,000 $ 45,000 $ 114,000
Polk, Wisconsin 1 $ 8,000 $ 8,000 $ 0
Portage, Wisconsin 1 $ 133,000 $ 133,000 $ 33,000
Sawyer, Wisconsin 1 $ 94,000 $ 94,000 $ 61,000
Trempealeau, Wisconsin 1 $ 23,000 $ 23,000 $ 122,000
Vilas, Wisconsin 1 $ 175,000 $ 175,000 $ 276,000
Washburn, Wisconsin 1 $ 135,000 $ 135,000 $ 213,000
Waushara, Wisconsin 1 $ 75,000 $ 75,000 $ 124,000

Mortgage Loan Application Detail Totals for Think Mutual Bank in 2013

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 1,019 $162,609,000 $159,000 $880,000 $100,000 $582,000
Home Purchase 523 $97,038,000 $185,000 $1,040,000 $99,000 $963,000
Home Improvement 460 $7,278,000 $15,000 $282,000 $76,000 $515,000

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 1,550 $212,241,000 $136,000 $1,040,000 $92,000 $963,000
Not Provided 327 $39,941,000 $122,000 $904,000 $101,000 $500,000
Asian 54 $7,770,000 $143,000 $622,000 $99,000 $407,000
Hispanic 31 $2,341,000 $75,000 $397,000 $104,000 $440,000
Black or African American 30 $3,774,000 $125,000 $660,000 $112,000 $582,000
American Indian or Alaskan Native 4 $233,000 $58,000 $100,000 $66,000 $115,000
Native Hawaiian or Other Pacific Islander 3 $278,000 $92,000 $194,000 $79,000 $113,000
Not applicable 3 $347,000 $115,000 $200,000 $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) 2,002 $266,925,000 $133,000 $1,040,000 $94,000 $963,000
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
VA-guaranteed (Veterans Administration) 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 1,300 $158,894,000 $122,000 $1,040,000 $93,000 $963,000
Application Approved But Not Accepted 368 $64,012,000 $173,000 $1,040,000 $106,000 $513,000
Application Denied By Financial Institution 196 $21,990,000 $112,000 $660,000 $70,000 $582,000
Application Withdrawn By Applicant 138 $22,029,000 $159,000 $548,000 $107,000 $500,000
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 105 $12,343,000 $117,000 $529,000 $60,000 $226,000
Credit History 48 $4,577,000 $95,000 $403,000 $70,000 $210,000
Collateral 18 $2,520,000 $140,000 $660,000 $113,000 $582,000
Insufficient Cash (Downpayment, Closing Cost) 14 $165,000 $11,000 $30,000 $63,000 $150,000
Employment History 6 $1,325,000 $220,000 $372,000 $71,000 $135,000
Credit Application Incomplete 2 $502,000 $251,000 $417,000 $142,000 $209,000
Unverifiable Information 2 $437,000 $218,000 $224,000 $165,000 $190,000
Mortgage Insurance Denied 1 $121,000 $121,000 $121,000 $37,000 $37,000
Other 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Think Mutual Bank's 2013 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 Think Mutual Bank'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.
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