Think Mutual Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Think Mutual Bank 2022 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 | 1,353 |
| Total Mortgage Loan Application Amount | $310,075,000 |
| Average Mortgage Loan Application Amount | $217,400 |
| Highest Mortgage Loan Application Amount | $2,825,000 |
| Average Applicant Income | $145,600 |
| Highest Applicant Income | $1,575,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 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 2022 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 2022.
| 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 | 604 | $ 154,540,000 | $ 255,000 | $ 164,000 |
| Dakota County Minnesota | 118 | $ 19,390,000 | $ 164,000 | $ 142,000 |
| Hennepin County Minnesota | 104 | $ 25,650,000 | $ 246,000 | $ 201,000 |
| Dodge County Minnesota | 55 | $ 8,915,000 | $ 162,000 | $ 92,000 |
| Goodhue County Minnesota | 39 | $ 6,765,000 | $ 173,000 | $ 120,000 |
| Ramsey County Minnesota | 35 | $ 9,615,000 | $ 274,000 | $ 177,000 |
| Wabasha County Minnesota | 32 | $ 5,360,000 | $ 167,000 | $ 142,000 |
| Washington County Minnesota | 23 | $ 6,775,000 | $ 294,000 | $ 186,000 |
| Fillmore County Minnesota | 22 | $ 3,630,000 | $ 165,000 | $ 93,000 |
| Scott County Minnesota | 22 | $ 5,950,000 | $ 270,000 | $ 135,000 |
| Cook County Illinois | 20 | $ 3,680,000 | $ 184,000 | $ 118,000 |
| Mower County Minnesota | 14 | $ 2,240,000 | $ 160,000 | $ 130,000 |
| Carver County Minnesota | 9 | $ 1,585,000 | $ 176,000 | $ 137,000 |
| Maricopa County Arizona | 8 | $ 2,600,000 | $ 325,000 | $ 225,000 |
| Anoka County Minnesota | 8 | $ 1,340,000 | $ 167,000 | $ 115,000 |
| Crow Wing County Minnesota | 8 | $ 2,170,000 | $ 271,000 | $ 186,000 |
| Stearns County Minnesota | 8 | $ 1,360,000 | $ 170,000 | $ 191,000 |
| St. Louis County Missouri | 8 | $ 1,630,000 | $ 203,000 | $ 152,000 |
| DuPage County Illinois | 7 | $ 1,005,000 | $ 143,000 | $ 180,000 |
| St. Louis County Minnesota | 7 | $ 1,515,000 | $ 216,000 | $ 132,000 |
| Winona County Minnesota | 7 | $ 875,000 | $ 125,000 | $ 107,000 |
| Le Sueur County Minnesota | 6 | $ 1,720,000 | $ 286,000 | $ 217,000 |
| Sherburne County Minnesota | 6 | $ 1,030,000 | $ 171,000 | $ 117,000 |
| Wright County Minnesota | 6 | $ 330,000 | $ 55,000 | $ 107,000 |
| Jackson County Missouri | 6 | $ 600,000 | $ 100,000 | $ 111,000 |
| Lake County Illinois | 5 | $ 1,035,000 | $ 207,000 | $ 183,000 |
| Johnson County Kansas | 5 | $ 605,000 | $ 121,000 | $ 146,000 |
| Blue Earth County Minnesota | 5 | $ 1,495,000 | $ 299,000 | $ 241,000 |
| Steele County Minnesota | 5 | $ 545,000 | $ 109,000 | $ 103,000 |
| Cass County Minnesota | 4 | $ 1,090,000 | $ 272,000 | $ 96,000 |
| Douglas County Minnesota | 4 | $ 1,520,000 | $ 380,000 | $ 185,000 |
| Rice County Minnesota | 4 | $ 870,000 | $ 217,000 | $ 147,000 |
| Clay County Missouri | 4 | $ 290,000 | $ 72,000 | $ 79,000 |
| Duval County Florida | 3 | $ 1,455,000 | $ 485,000 | $ 255,000 |
| Polk County Florida | 3 | $ 335,000 | $ 111,000 | $ 114,000 |
| St. Johns County Florida | 3 | $ 1,685,000 | $ 561,000 | $ 320,000 |
| Will County Illinois | 3 | $ 165,000 | $ 55,000 | $ 131,000 |
| St. Louis City County Missouri | 3 | $ 885,000 | $ 295,000 | $ 109,000 |
| Mohave County Arizona | 2 | $ 700,000 | $ 350,000 | $ 742,000 |
| Lee County Florida | 2 | $ 220,000 | $ 110,000 | $ 161,000 |
| Marion County Florida | 2 | $ 190,000 | $ 95,000 | $ 91,000 |
| Kane County Illinois | 2 | $ 570,000 | $ 285,000 | $ 155,000 |
| Kendall County Illinois | 2 | $ 250,000 | $ 125,000 | $ 104,000 |
| Macoupin County Illinois | 2 | $ 330,000 | $ 165,000 | $ 126,000 |
| Lake County Indiana | 2 | $ 810,000 | $ 405,000 | $ 166,000 |
| Polk County Iowa | 2 | $ 90,000 | $ 45,000 | $ 57,000 |
| Aitkin County Minnesota | 2 | $ 270,000 | $ 135,000 | $ 151,000 |
| Chisago County Minnesota | 2 | $ 760,000 | $ 380,000 | $ 247,000 |
| Itasca County Minnesota | 2 | $ 580,000 | $ 290,000 | $ 518,000 |
| Kanabec County Minnesota | 2 | $ 330,000 | $ 165,000 | $ 109,000 |
| Waseca County Minnesota | 2 | $ 360,000 | $ 180,000 | $ 72,000 |
| St. Charles County Missouri | 2 | $ 70,000 | $ 35,000 | $ 92,000 |
| Burnett County Wisconsin | 2 | $ 1,480,000 | $ 740,000 | $ 410,000 |
| Eau Claire County Wisconsin | 2 | $ 390,000 | $ 195,000 | $ 170,000 |
| La Crosse County Wisconsin | 2 | $ 580,000 | $ 290,000 | $ 95,000 |
| Milwaukee County Wisconsin | 2 | $ 240,000 | $ 120,000 | $ 49,000 |
| Washburn County Wisconsin | 2 | $ 360,000 | $ 180,000 | $ 139,000 |
| Pinal County Arizona | 1 | $ 345,000 | $ 345,000 | $ 130,000 |
| Highlands County Florida | 1 | $ 115,000 | $ 115,000 | $ 52,000 |
| Lake County Florida | 1 | $ 245,000 | $ 245,000 | $ 57,000 |
| Manatee County Florida | 1 | $ 305,000 | $ 305,000 | $ 365,000 |
| Miami-Dade County Florida | 1 | $ 385,000 | $ 385,000 | $ 171,000 |
| Okaloosa County Florida | 1 | $ 205,000 | $ 205,000 | $ 103,000 |
| Orange County Florida | 1 | $ 65,000 | $ 65,000 | $ 133,000 |
| Douglas County Illinois | 1 | $ 405,000 | $ 405,000 | $ 345,000 |
| Jackson County Illinois | 1 | $ 245,000 | $ 245,000 | $ 68,000 |
| Vermilion County Illinois | 1 | $ 95,000 | $ 95,000 | $ 27,000 |
| Winnebago County Illinois | 1 | $ 295,000 | $ 295,000 | $ 223,000 |
| Cerro Gordo County Iowa | 1 | $ 245,000 | $ 245,000 | $ 377,000 |
| Floyd County Iowa | 1 | $ 35,000 | $ 35,000 | $ 143,000 |
| Scott County Iowa | 1 | $ 75,000 | $ 75,000 | $ 120,000 |
| Winnebago County Iowa | 1 | $ 65,000 | $ 65,000 | $ 39,000 |
| Winneshiek County Iowa | 1 | $ 215,000 | $ 215,000 | $ 62,000 |
| Beltrami County Minnesota | 1 | $ 65,000 | $ 65,000 | $ 396,000 |
| Brown County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 17,000 |
| Faribault County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 100,000 |
| Hubbard County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 204,000 |
| Koochiching County Minnesota | 1 | $ 65,000 | $ 65,000 | $ 75,000 |
| Lake of the Woods County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 162,000 |
| Martin County Minnesota | 1 | $ 55,000 | $ 55,000 | $ 149,000 |
| Morrison County Minnesota | 1 | $ 255,000 | $ 255,000 | $ 77,000 |
| Polk County Minnesota | 1 | $ 455,000 | $ 455,000 | $ 288,000 |
| Roseau County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 69,000 |
| Traverse County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 62,000 |
| Adair County Missouri | 1 | $ 75,000 | $ 75,000 | $ 168,000 |
| Barry County Missouri | 1 | $ 75,000 | $ 75,000 | $ 155,000 |
| Camden County Missouri | 1 | $ 55,000 | $ 55,000 | $ 161,000 |
| Cass County Missouri | 1 | $ 185,000 | $ 185,000 | $ 136,000 |
| Franklin County Missouri | 1 | $ 35,000 | $ 35,000 | $ 129,000 |
| Platte County Missouri | 1 | $ 185,000 | $ 185,000 | $ 79,000 |
| Lincoln County South Dakota | 1 | $ 285,000 | $ 285,000 | $ 88,000 |
| Minnehaha County South Dakota | 1 | $ 155,000 | $ 155,000 | $ 250,000 |
| Clark County Washington | 1 | $ 155,000 | $ 155,000 | $ 452,000 |
| Adams County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 42,000 |
| Bayfield County Wisconsin | 1 | $ 225,000 | $ 225,000 | $ 206,000 |
| Dunn County Wisconsin | 1 | $ 245,000 | $ 245,000 | $ 130,000 |
| Green County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 57,000 |
| Langlade County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 106,000 |
| Ozaukee County Wisconsin | 1 | $ 15,000 | $ 15,000 | $ 42,000 |
| Pierce County Wisconsin | 1 | $ 45,000 | $ 45,000 | $ 118,000 |
| Richland County Wisconsin | 1 | $ 235,000 | $ 235,000 | $ 101,000 |
| Sawyer County Wisconsin | 1 | $ 145,000 | $ 145,000 | $ 259,000 |
| St. Croix County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 132,000 |
| Walworth County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 102,000 |
| Washington County Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 335,000 |
| Waukesha County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 150,000 |
| Winnebago County Wisconsin | 1 | $ 545,000 | $ 545,000 | $ 244,000 |
Mortgage Loan Application Detail Totals for Think Mutual Bank in 2022
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 |
|---|---|---|---|---|---|---|
| Home Improvement | 512 | $38,540,000 | $75,000 | $1,375,000 | $152,000 | $1,575,000 |
| Home Purchase | 508 | $205,110,000 | $403,000 | $2,825,000 | $185,000 | $985,000 |
| Refinancing | 156 | $25,690,000 | $164,000 | $1,335,000 | $122,000 | $726,000 |
| Cash-out Refinancing | 154 | $35,830,000 | $232,000 | $1,435,000 | $124,000 | $1,455,000 |
| Other Purpose | 23 | $4,905,000 | $213,000 | $505,000 | $145,000 | $886,000 |
| Not Applicable | 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 | 1,035 | $224,225,000 | $216,000 | $2,825,000 | $151,000 | $1,575,000 |
| Not Provided | 189 | $43,665,000 | $231,000 | $1,985,000 | $169,000 | $1,455,000 |
| Asian | 54 | $22,680,000 | $420,000 | $2,075,000 | $225,000 | $750,000 |
| Hispanic | 31 | $10,035,000 | $323,000 | $1,975,000 | $189,000 | $813,000 |
| Black or African American | 24 | $6,070,000 | $252,000 | $1,135,000 | $140,000 | $489,000 |
| Not applicable | 9 | $2,065,000 | $229,000 | $385,000 | $0 | $0 |
| American Indian or Alaskan Native | 5 | $625,000 | $125,000 | $265,000 | $53,000 | $72,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $115,000 | $115,000 | $115,000 | $73,000 | $73,000 |
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) | 1,353 | $310,075,000 | $229,000 | $2,825,000 | $157,000 | $1,575,000 |
| 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 | 944 | $219,320,000 | $232,000 | $1,995,000 | $167,000 | $1,455,000 |
| Application Denied By Financial Institution | 121 | $17,465,000 | $144,000 | $2,825,000 | $110,000 | $910,000 |
| Application Approved But Not Accepted | 117 | $40,945,000 | $349,000 | $1,555,000 | $174,000 | $680,000 |
| Application Withdrawn By Applicant | 104 | $12,300,000 | $118,000 | $775,000 | $118,000 | $658,000 |
| File Closed For Incompleteness | 48 | $11,490,000 | $239,000 | $735,000 | $137,000 | $1,575,000 |
| Preapproval Approved but not Accepted | 19 | $8,555,000 | $450,000 | $2,075,000 | $162,000 | $661,000 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 1,232 | $292,610,000 | $237,000 | $2,075,000 | $162,000 | $1,575,000 |
| Debt-To-Income Ratio | 58 | $6,250,000 | $107,000 | $355,000 | $82,000 | $300,000 |
| Credit History | 26 | $2,570,000 | $98,000 | $315,000 | $96,000 | $306,000 |
| Collateral | 19 | $5,505,000 | $289,000 | $2,825,000 | $184,000 | $910,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $490,000 | $61,000 | $105,000 | $93,000 | $150,000 |
| Other | 7 | $1,805,000 | $257,000 | $1,145,000 | $216,000 | $526,000 |
| Unverifiable Information | 2 | $360,000 | $180,000 | $205,000 | $121,000 | $157,000 |
| Employment History | 1 | $485,000 | $485,000 | $485,000 | $138,000 | $138,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Think Mutual Bank's 2022 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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with aggregated HMDA statistics today.