Think Mutual Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Think Mutual Bank 2020 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 | Think Mutual Bank 5200 Members Parkway Nw Rochester, MN 55901 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 |
| 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 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Think Mutual Bank. 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 Think Mutual Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Think Mutual Bank'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 Think Mutual Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Think Mutual Bank, 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 Think Mutual Bank's mortgage activity for 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 |
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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Think Mutual Bank's 2020 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.
For a list of all lenders in Minnesota, download the full spreadsheet
with aggregated HMDA statistics today.