Think Mutual Bank
Mortgage Loan Application
Totals and Details
for 2020

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 Think Mutual Bank.
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 Think Mutual Bank
5200 Members Parkway Nw
Rochester, MN 55901
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 5,383
Total Mortgage Loan Application Amount $1,280,675,000
Average Mortgage Loan Application Amount $222,750
Highest Mortgage Loan Application Amount $2,285,000
Average Applicant Income $145,250
Highest Applicant Income $4,859,000

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 Think Mutual Bank by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Olmsted County Minnesota 2,062 $ 506,280,000 $ 245,000 $ 159,000
Hennepin County Minnesota 459 $ 123,555,000 $ 269,000 $ 182,000
Dakota County Minnesota 393 $ 86,235,000 $ 219,000 $ 166,000
Dodge County Minnesota 201 $ 36,775,000 $ 182,000 $ 107,000
Ramsey County Minnesota 136 $ 33,870,000 $ 249,000 $ 150,000
Washington County Minnesota 125 $ 33,635,000 $ 269,000 $ 162,000
Goodhue County Minnesota 115 $ 19,915,000 $ 173,000 $ 117,000
Wabasha County Minnesota 102 $ 18,780,000 $ 184,000 $ 114,000
Cook County Illinois 65 $ 12,895,000 $ 198,000 $ 151,000
Scott County Minnesota 62 $ 17,130,000 $ 276,000 $ 170,000
Carver County Minnesota 55 $ 16,635,000 $ 302,000 $ 201,000
Mower County Minnesota 55 $ 8,265,000 $ 150,000 $ 99,000
Anoka County Minnesota 49 $ 11,655,000 $ 237,000 $ 137,000
Winona County Minnesota 45 $ 8,655,000 $ 192,000 $ 102,000
Fillmore County Minnesota 33 $ 6,785,000 $ 205,000 $ 147,000
Maricopa County Arizona 30 $ 8,170,000 $ 272,000 $ 160,000
Wright County Minnesota 28 $ 7,690,000 $ 274,000 $ 154,000
Johnson County Kansas 26 $ 4,820,000 $ 185,000 $ 155,000
St. Louis County Missouri 25 $ 4,925,000 $ 197,000 $ 130,000
DuPage County Illinois 18 $ 4,380,000 $ 243,000 $ 157,000
Will County Illinois 18 $ 4,370,000 $ 242,000 $ 190,000
Steele County Minnesota 18 $ 3,180,000 $ 176,000 $ 117,000
St. Croix County Wisconsin 18 $ 4,290,000 $ 238,000 $ 136,000
St. Louis County Minnesota 17 $ 4,275,000 $ 251,000 $ 154,000
Rice County Minnesota 15 $ 3,485,000 $ 232,000 $ 115,000
Blue Earth County Minnesota 14 $ 4,850,000 $ 346,000 $ 178,000
Jackson County Missouri 14 $ 3,030,000 $ 216,000 $ 190,000
Crow Wing County Minnesota 13 $ 3,535,000 $ 271,000 $ 230,000
Burnett County Wisconsin 13 $ 2,025,000 $ 155,000 $ 212,000
Lake County Illinois 12 $ 2,980,000 $ 248,000 $ 164,000
Le Sueur County Minnesota 11 $ 3,325,000 $ 302,000 $ 201,000
Sherburne County Minnesota 11 $ 2,475,000 $ 225,000 $ 280,000
Sawyer County Wisconsin 11 $ 2,255,000 $ 205,000 $ 248,000
Pima County Arizona 9 $ 1,475,000 $ 163,000 $ 316,000
Kane County Illinois 9 $ 1,665,000 $ 185,000 $ 191,000
Stearns County Minnesota 9 $ 1,565,000 $ 173,000 $ 130,000
Lee County Florida 8 $ 2,280,000 $ 285,000 $ 150,000
Cass County Minnesota 8 $ 3,150,000 $ 393,000 $ 236,000
Itasca County Minnesota 8 $ 1,450,000 $ 181,000 $ 131,000
Clay County Missouri 8 $ 1,450,000 $ 181,000 $ 116,000
St. Charles County Missouri 8 $ 1,850,000 $ 231,000 $ 473,000
Dane County Wisconsin 8 $ 1,870,000 $ 233,000 $ 149,000
Pierce County Wisconsin 8 $ 2,930,000 $ 366,000 $ 181,000
Chisago County Minnesota 7 $ 1,555,000 $ 222,000 $ 155,000
Milwaukee County Wisconsin 7 $ 1,095,000 $ 156,000 $ 156,000
Waukesha County Wisconsin 7 $ 1,305,000 $ 186,000 $ 351,000
St. Johns County Florida 6 $ 2,450,000 $ 408,000 $ 242,000
Polk County Iowa 6 $ 930,000 $ 155,000 $ 157,000
McLeod County Minnesota 6 $ 1,010,000 $ 168,000 $ 103,000
Otter Tail County Minnesota 6 $ 1,480,000 $ 246,000 $ 176,000
Douglas County Nebraska 6 $ 1,120,000 $ 186,000 $ 126,000
Hillsborough County Florida 5 $ 1,225,000 $ 245,000 $ 128,000
Hubbard County Minnesota 5 $ 1,245,000 $ 249,000 $ 178,000
Isanti County Minnesota 5 $ 1,145,000 $ 229,000 $ 128,000
Chippewa County Wisconsin 5 $ 985,000 $ 197,000 $ 163,000
La Crosse County Wisconsin 5 $ 875,000 $ 175,000 $ 76,000
Kendall County Illinois 4 $ 680,000 $ 170,000 $ 100,000
McHenry County Illinois 4 $ 830,000 $ 207,000 $ 135,000
Winnebago County Illinois 4 $ 430,000 $ 107,000 $ 130,000
Aitkin County Minnesota 4 $ 430,000 $ 107,000 $ 115,000
Waseca County Minnesota 4 $ 740,000 $ 185,000 $ 131,000
Cass County Missouri 4 $ 600,000 $ 150,000 $ 102,000
Barron County Wisconsin 4 $ 1,060,000 $ 265,000 $ 125,000
Douglas County Wisconsin 4 $ 2,370,000 $ 592,000 $ 941,000
Polk County Wisconsin 4 $ 880,000 $ 220,000 $ 127,000
Racine County Wisconsin 4 $ 900,000 $ 225,000 $ 108,000
Duval County Florida 3 $ 655,000 $ 218,000 $ 97,000
Orange County Florida 3 $ 805,000 $ 268,000 $ 209,000
St. Lucie County Florida 3 $ 295,000 $ 98,000 $ 102,000
Howard County Iowa 3 $ 275,000 $ 91,000 $ 69,000
Carlton County Minnesota 3 $ 815,000 $ 271,000 $ 207,000
Douglas County Minnesota 3 $ 565,000 $ 188,000 $ 86,000
Freeborn County Minnesota 3 $ 525,000 $ 175,000 $ 124,000
Martin County Minnesota 3 $ 425,000 $ 141,000 $ 97,000
Nicollet County Minnesota 3 $ 575,000 $ 191,000 $ 517,000
Pine County Minnesota 3 $ 545,000 $ 181,000 $ 71,000
Renville County Minnesota 3 $ 305,000 $ 101,000 $ 77,000
Lincoln County South Dakota 3 $ 1,445,000 $ 481,000 $ 492,000
Ozaukee County Wisconsin 3 $ 525,000 $ 175,000 $ 55,000
Washington County Wisconsin 3 $ 515,000 $ 171,000 $ 73,000
Mohave County Arizona 2 $ 560,000 $ 280,000 $ 267,000
Pinal County Arizona 2 $ 340,000 $ 170,000 $ 87,000
Yavapai County Arizona 2 $ 720,000 $ 360,000 $ 159,000
Lake County Florida 2 $ 420,000 $ 210,000 $ 139,000
Marion County Florida 2 $ 240,000 $ 120,000 $ 82,000
Miami-Dade County Florida 2 $ 1,140,000 $ 570,000 $ 177,000
Monroe County Florida 2 $ 750,000 $ 375,000 $ 197,000
Okaloosa County Florida 2 $ 420,000 $ 210,000 $ 128,000
Palm Beach County Florida 2 $ 1,090,000 $ 545,000 $ 177,000
Sarasota County Florida 2 $ 480,000 $ 240,000 $ 81,000
Sumter County Florida 2 $ 540,000 $ 270,000 $ 96,000
Madison County Illinois 2 $ 170,000 $ 85,000 $ 64,000
Black Hawk County Iowa 2 $ 470,000 $ 235,000 $ 151,000
Dallas County Iowa 2 $ 430,000 $ 215,000 $ 300,000
Henry County Iowa 2 $ 330,000 $ 165,000 $ 77,000
Linn County Iowa 2 $ 160,000 $ 80,000 $ 105,000
Scott County Iowa 2 $ 130,000 $ 65,000 $ 46,000
Warren County Iowa 2 $ 230,000 $ 115,000 $ 81,000
Beltrami County Minnesota 2 $ 380,000 $ 190,000 $ 111,000
Houston County Minnesota 2 $ 200,000 $ 100,000 $ 91,000
Kanabec County Minnesota 2 $ 290,000 $ 145,000 $ 129,000
Meeker County Minnesota 2 $ 280,000 $ 140,000 $ 131,000
Camden County Missouri 2 $ 420,000 $ 210,000 $ 105,000
Clinton County Missouri 2 $ 230,000 $ 115,000 $ 78,000
Greene County Missouri 2 $ 160,000 $ 80,000 $ 49,000
Jefferson County Missouri 2 $ 250,000 $ 125,000 $ 39,000
Johnson County Missouri 2 $ 440,000 $ 220,000 $ 111,000
Lafayette County Missouri 2 $ 390,000 $ 195,000 $ 202,000
Sarpy County Nebraska 2 $ 420,000 $ 210,000 $ 125,000
Saunders County Nebraska 2 $ 340,000 $ 170,000 $ 76,000
Brown County Wisconsin 2 $ 240,000 $ 120,000 $ 78,000
Buffalo County Wisconsin 2 $ 270,000 $ 135,000 $ 91,000
Eau Claire County Wisconsin 2 $ 460,000 $ 230,000 $ 53,000
Jefferson County Wisconsin 2 $ 730,000 $ 365,000 $ 133,000
Kenosha County Wisconsin 2 $ 770,000 $ 385,000 $ 189,000
Pepin County Wisconsin 2 $ 400,000 $ 200,000 $ 307,000
Walworth County Wisconsin 2 $ 410,000 $ 205,000 $ 128,000
Washburn County Wisconsin 2 $ 310,000 $ 155,000 $ 180,000
Coconino County Arizona 1 $ 495,000 $ 495,000 $ 121,000
Charlotte County Florida 1 $ 185,000 $ 185,000 $ 101,000
Citrus County Florida 1 $ 165,000 $ 165,000 $ 110,000
Hernando County Florida 1 $ 105,000 $ 105,000 $ 90,000
Martin County Florida 1 $ 405,000 $ 405,000 $ 4,859,000
Osceola County Florida 1 $ 265,000 $ 265,000 $ 215,000
Pasco County Florida 1 $ 65,000 $ 65,000 $ 31,000
Pinellas County Florida 1 $ 135,000 $ 135,000 $ 130,000
Polk County Florida 1 $ 125,000 $ 125,000 $ 62,000
Seminole County Florida 1 $ 295,000 $ 295,000 $ 147,000
Walton County Florida 1 $ 295,000 $ 295,000 $ 202,000
Champaign County Illinois 1 $ 125,000 $ 125,000 $ 156,000
Douglas County Illinois 1 $ 155,000 $ 155,000 $ 97,000
McLean County Illinois 1 $ 295,000 $ 295,000 $ 265,000
Hamilton County Indiana 1 $ 315,000 $ 315,000 $ 270,000
Johnson County Indiana 1 $ 315,000 $ 315,000 $ 132,000
Porter County Indiana 1 $ 115,000 $ 115,000 $ 28,000
Tippecanoe County Indiana 1 $ 145,000 $ 145,000 $ 90,000
Buchanan County Iowa 1 $ 145,000 $ 145,000 $ 95,000
Cherokee County Iowa 1 $ 75,000 $ 75,000 $ 34,000
Delaware County Iowa 1 $ 125,000 $ 125,000 $ 92,000
Dubuque County Iowa 1 $ 205,000 $ 205,000 $ 56,000
Fayette County Iowa 1 $ 125,000 $ 125,000 $ 52,000
Floyd County Iowa 1 $ 145,000 $ 145,000 $ 109,000
Harrison County Iowa 1 $ 45,000 $ 45,000 $ 145,000
Mitchell County Iowa 1 $ 405,000 $ 405,000 $ 155,000
Pottawattamie County Iowa 1 $ 45,000 $ 45,000 $ 109,000
Shelby County Iowa 1 $ 95,000 $ 95,000 $ 131,000
Winnebago County Iowa 1 $ 95,000 $ 95,000 $ 182,000
Woodbury County Iowa 1 $ 205,000 $ 205,000 $ 127,000
Douglas County Kansas 1 $ 255,000 $ 255,000 $ 212,000
Sedgwick County Kansas 1 $ 305,000 $ 305,000 $ 162,000
Benton County Minnesota 1 $ 135,000 $ 135,000 $ 78,000
Chippewa County Minnesota 1 $ 115,000 $ 115,000 $ 39,000
Clay County Minnesota 1 $ 145,000 $ 145,000 $ 76,000
Koochiching County Minnesota 1 $ 255,000 $ 255,000 $ 157,000
Lac qui Parle County Minnesota 1 $ 285,000 $ 285,000 $ 192,000
Lake County Minnesota 1 $ 315,000 $ 315,000 $ 265,000
Morrison County Minnesota 1 $ 145,000 $ 145,000 $ 66,000
Polk County Minnesota 1 $ 305,000 $ 305,000 $ 110,000
Pope County Minnesota 1 $ 135,000 $ 135,000 $ 50,000
Rock County Minnesota 1 $ 225,000 $ 225,000 $ 173,000
Wadena County Minnesota 1 $ 115,000 $ 115,000 $ 67,000
Boone County Missouri 1 $ 155,000 $ 155,000 $ 108,000
Buchanan County Missouri 1 $ 245,000 $ 245,000 $ 71,000
Miller County Missouri 1 $ 155,000 $ 155,000 $ 142,000
Morgan County Missouri 1 $ 145,000 $ 145,000 $ 193,000
Platte County Missouri 1 $ 65,000 $ 65,000 $ 217,000
Schuyler County Missouri 1 $ 105,000 $ 105,000 $ 169,000
St. Louis City County Missouri 1 $ 215,000 $ 215,000 $ 229,000
Stone County Missouri 1 $ 445,000 $ 445,000 $ 223,000
Taney County Missouri 1 $ 165,000 $ 165,000 $ 87,000
Warren County Missouri 1 $ 655,000 $ 655,000 $ 161,000
Buffalo County Nebraska 1 $ 225,000 $ 225,000 $ 390,000
Burleigh County North Dakota 1 $ 405,000 $ 405,000 $ 81,000
Brookings County South Dakota 1 $ 165,000 $ 165,000 $ 88,000
Meade County South Dakota 1 $ 185,000 $ 185,000 $ 48,000
Minnehaha County South Dakota 1 $ 355,000 $ 355,000 $ 215,000
Ashland County Wisconsin 1 $ 145,000 $ 145,000 $ 119,000
Bayfield County Wisconsin 1 $ 165,000 $ 165,000 $ 46,000
Calumet County Wisconsin 1 $ 145,000 $ 145,000 $ 53,000
Fond du Lac County Wisconsin 1 $ 135,000 $ 135,000 $ 116,000
Manitowoc County Wisconsin 1 $ 515,000 $ 515,000 $ 174,000
Richland County Wisconsin 1 $ 75,000 $ 75,000 $ 141,000
Rock County Wisconsin 1 $ 295,000 $ 295,000 $ 108,000
Rusk County Wisconsin 1 $ 105,000 $ 105,000 $ 61,000
Waupaca County Wisconsin 1 $ 375,000 $ 375,000 $ 102,000
Winnebago County Wisconsin 1 $ 425,000 $ 425,000 $ 92,000

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 Think Mutual Bank in 2020

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 2,375 $595,105,000 $250,000 $1,525,000 $167,000 $4,859,000
Home Purchase 1,458 $406,900,000 $279,000 $2,285,000 $124,000 $1,844,000
Home Improvement 795 $93,125,000 $117,000 $755,000 $148,000 $1,284,000
Cash-out Refinancing 755 $185,545,000 $245,000 $1,125,000 $142,000 $2,388,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 4,331 $1,014,245,000 $234,000 $2,285,000 $142,000 $4,356,000
Not Provided 582 $149,330,000 $256,000 $1,615,000 $190,000 $4,859,000
Asian 188 $50,310,000 $267,000 $1,375,000 $169,000 $1,402,000
Hispanic 100 $27,160,000 $271,000 $1,215,000 $160,000 $2,388,000
Black or African American 98 $21,510,000 $219,000 $875,000 $112,000 $949,000
Not applicable 36 $7,100,000 $197,000 $905,000 $0 $0
American Indian or Alaskan Native 17 $3,555,000 $209,000 $455,000 $96,000 $197,000
Native Hawaiian or Other Pacific Islander 2 $530,000 $265,000 $425,000 $91,000 $140,000

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) 5,383 $1,280,675,000 $237,000 $2,285,000 $149,000 $4,859,000
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 3,107 $755,685,000 $243,000 $2,285,000 $159,000 $1,844,000
Preapproval Approved but not Accepted 533 $148,335,000 $278,000 $1,235,000 $121,000 $1,436,000
Application Approved But Not Accepted 478 $120,370,000 $251,000 $1,355,000 $160,000 $4,356,000
File Closed For Incompleteness 403 $88,455,000 $219,000 $865,000 $154,000 $1,617,000
Application Withdrawn By Applicant 365 $76,055,000 $208,000 $1,005,000 $173,000 $4,800,000
Preapproval Denied by Financial Institution 264 $54,580,000 $206,000 $1,005,000 $57,000 $318,000
Application Denied By Financial Institution 233 $37,195,000 $159,000 $755,000 $123,000 $4,859,000
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
Not applicable 4,886 $1,188,900,000 $243,000 $2,285,000 $156,000 $4,800,000
Debt-To-Income Ratio 225 $43,455,000 $193,000 $675,000 $59,000 $360,000
Credit History 173 $32,535,000 $188,000 $1,005,000 $74,000 $670,000
Other 28 $4,500,000 $160,000 $405,000 $396,000 $4,859,000
Collateral 25 $4,945,000 $197,000 $755,000 $128,000 $355,000
Insufficient Cash (Downpayment, Closing Cost) 21 $2,355,000 $112,000 $295,000 $58,000 $109,000
Employment History 20 $3,540,000 $177,000 $445,000 $91,000 $348,000
Unverifiable Information 5 $445,000 $89,000 $135,000 $52,000 $123,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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.

Download the Minnesota Lender List