Tradition Mortgage, LLC Mortgage Lending & HMDA Data, 2025

In 2025, Tradition Mortgage, LLC of Lakeville, MN reported 1,229 mortgage applications totaling $495.8 million, up 6% from 2024. The average application was for $403,437, and applicants reported an average income of $203,840. 99% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Minneapolis-St. Paul-Bloomington, MN-WI (996), Phoenix-Mesa-Scottsdale, AZ (15) and St. Cloud, MN (13) (applications in parentheses).

Mortgage Company & Address Tradition Mortgage, LLC
16995 Brandtjen Farm Drive Sute 300
Lakeville, MN 55044
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  2010  2009  
Total Number of Mortgage Applications 1,229
Total Mortgage Loan Application Amount $495,825,000
Average Mortgage Loan Application Amount $403,437
Highest Mortgage Loan Application Amount $2,735,000
Average Applicant Income $203,840
Highest Applicant Income $2,645,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Tradition Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Tradition Mortgage, LLC by County in 2025

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Hennepin, Minnesota 390 $ 165,190,000 $ 423,564 $ 226,000
Dakota, Minnesota 142 $ 52,960,000 $ 372,957 $ 173,000
Washington, Minnesota 118 $ 52,780,000 $ 447,288 $ 190,000
Carver, Minnesota 87 $ 46,785,000 $ 537,758 $ 227,000
Ramsey, Minnesota 54 $ 16,170,000 $ 299,444 $ 184,000
Scott, Minnesota 52 $ 25,960,000 $ 499,230 $ 208,000
Wright, Minnesota 47 $ 17,105,000 $ 363,936 $ 135,000
Otter Tail, Minnesota 38 $ 10,770,000 $ 283,421 $ 139,000
St. Croix, Wisconsin 32 $ 12,880,000 $ 402,500 $ 247,000
Anoka, Minnesota 30 $ 9,600,000 $ 320,000 $ 146,000
Crow Wing, Minnesota 18 $ 6,580,000 $ 365,555 $ 341,000
Sherburne, Minnesota 18 $ 5,840,000 $ 324,444 $ 145,000
Maricopa, Arizona 13 $ 8,815,000 $ 678,076 $ 534,000
Aitkin, Minnesota 13 $ 4,845,000 $ 372,692 $ 159,000
Pierce, Wisconsin 12 $ 4,040,000 $ 336,666 $ 111,000
Stearns, Minnesota 11 $ 2,735,000 $ 248,636 $ 150,000
Eau Claire, Wisconsin 8 $ 1,290,000 $ 161,250 $ 94,000
Polk, Wisconsin 8 $ 3,140,000 $ 392,500 $ 362,000
Olmsted, Minnesota 7 $ 2,215,000 $ 316,428 $ 150,000
St. Louis, Minnesota 7 $ 1,785,000 $ 255,000 $ 112,000
Cass, Minnesota 6 $ 1,630,000 $ 271,666 $ 139,000
Chisago, Minnesota 6 $ 2,120,000 $ 353,333 $ 197,000
Brown, Minnesota 5 $ 865,000 $ 173,000 $ 76,000
Itasca, Minnesota 5 $ 1,555,000 $ 311,000 $ 205,000
McLeod, Minnesota 5 $ 1,855,000 $ 371,000 $ 197,000
Rice, Minnesota 5 $ 2,455,000 $ 491,000 $ 264,000
Lee, Florida 4 $ 4,240,000 $ 1,060,000 $ 698,000
Isanti, Minnesota 4 $ 1,460,000 $ 365,000 $ 93,000
Polk, Minnesota 4 $ 910,000 $ 227,500 $ 150,000
Collier, Florida 3 $ 2,245,000 $ 748,333 $ 685,000
Becker, Minnesota 3 $ 1,185,000 $ 395,000 $ 120,000
Kandiyohi, Minnesota 3 $ 765,000 $ 255,000 $ 151,000
Meeker, Minnesota 3 $ 675,000 $ 225,000 $ 113,000
Mille Lacs, Minnesota 3 $ 435,000 $ 145,000 $ 78,000
Mower, Minnesota 3 $ 675,000 $ 225,000 $ 129,000
Sibley, Minnesota 3 $ 565,000 $ 188,333 $ 115,000
Pinal, Arizona 2 $ 750,000 $ 375,000 $ 156,000
Benton, Minnesota 2 $ 280,000 $ 140,000 $ 70,000
Blue Earth, Minnesota 2 $ 550,000 $ 275,000 $ 293,000
Douglas, Minnesota 2 $ 1,130,000 $ 565,000 $ 153,000
Hubbard, Minnesota 2 $ 520,000 $ 260,000 $ 100,000
Pine, Minnesota 2 $ 870,000 $ 435,000 $ 256,000
Wabasha, Minnesota 2 $ 340,000 $ 170,000 $ 204,000
Barron, Wisconsin 2 $ 710,000 $ 355,000 $ 138,000
Burnett, Wisconsin 2 $ 810,000 $ 405,000 $ 234,000
Chippewa, Wisconsin 2 $ 210,000 $ 105,000 $ 71,000
Dane, Wisconsin 2 $ 950,000 $ 475,000 $ 203,000
Door, Wisconsin 2 $ 1,070,000 $ 535,000 $ 401,000
Washburn, Wisconsin 2 $ 750,000 $ 375,000 $ 145,000
Yavapai, Arizona 1 $ 155,000 $ 155,000 $ 68,000
Denver, Colorado 1 $ 355,000 $ 355,000 $ 101,000
Eagle, Colorado 1 $ 1,355,000 $ 1,355,000 $ 1,064,000
El Paso, Colorado 1 $ 425,000 $ 425,000 $ 129,000
Jefferson, Colorado 1 $ 515,000 $ 515,000 $ 110,000
Sarasota, Florida 1 $ 305,000 $ 305,000 $ 181,000
Cerro Gordo, Iowa 1 $ 105,000 $ 105,000 $ 75,000
Story, Iowa 1 $ 225,000 $ 225,000 $ 64,000
Dodge, Minnesota 1 $ 345,000 $ 345,000 $ 125,000
Goodhue, Minnesota 1 $ 515,000 $ 515,000 $ 188,000
Kanabec, Minnesota 1 $ 295,000 $ 295,000 $ 138,000
Lake, Minnesota 1 $ 425,000 $ 425,000 $ 394,000
Le Sueur, Minnesota 1 $ 325,000 $ 325,000 $ 230,000
Nicollet, Minnesota 1 $ 185,000 $ 185,000 $ 92,000
Red Lake, Minnesota 1 $ 125,000 $ 125,000 $ 67,000
Redwood, Minnesota 1 $ 85,000 $ 85,000 $ 36,000
Renville, Minnesota 1 $ 55,000 $ 55,000 $ 87,000
Todd, Minnesota 1 $ 365,000 $ 365,000 $ 192,000
Ashland, Wisconsin 1 $ 75,000 $ 75,000 $ 124,000
Brown, Wisconsin 1 $ 535,000 $ 535,000 $ 230,000
Columbia, Wisconsin 1 $ 445,000 $ 445,000 $ 105,000
Douglas, Wisconsin 1 $ 525,000 $ 525,000 $ 379,000
Dunn, Wisconsin 1 $ 185,000 $ 185,000 $ 143,000
Jackson, Wisconsin 1 $ 535,000 $ 535,000 $ 140,000
Jefferson, Wisconsin 1 $ 355,000 $ 355,000 $ 134,000
Kenosha, Wisconsin 1 $ 355,000 $ 355,000 $ 116,000
La Crosse, Wisconsin 1 $ 415,000 $ 415,000 $ 161,000
Milwaukee, Wisconsin 1 $ 305,000 $ 305,000 $ 133,000
Oneida, Wisconsin 1 $ 275,000 $ 275,000 $ 263,000
Outagamie, Wisconsin 1 $ 135,000 $ 135,000 $ 165,000
Sawyer, Wisconsin 1 $ 775,000 $ 775,000 $ 758,000
Walworth, Wisconsin 1 $ 335,000 $ 335,000 $ 169,000
Wood, Wisconsin 1 $ 355,000 $ 355,000 $ 123,000

Mortgage Loan Application Detail Totals for Tradition Mortgage, LLC in 2025

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 Purchase 985 $378,905,000 $384,000 $2,735,000 $190,000 $2,638,000
Refinancing 165 $85,625,000 $518,000 $2,065,000 $253,000 $1,552,000
Cash-out Refinancing 73 $31,255,000 $428,000 $2,005,000 $289,000 $2,645,000
Other Purpose 6 $40,000 $6,000 $15,000 $88,000 $132,000
Home Improvement 0 $0 $0 $0 $0 $0
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 964 $380,000,000 $394,000 $2,005,000 $198,000 $2,645,000
Not Provided 161 $70,555,000 $438,000 $2,735,000 $248,000 $2,634,000
Asian 48 $21,960,000 $457,000 $1,425,000 $180,000 $584,000
Black or African American 28 $12,610,000 $450,000 $2,065,000 $211,000 $1,314,000
Hispanic 21 $7,855,000 $374,000 $885,000 $186,000 $1,074,000
American Indian or Alaskan Native 5 $1,735,000 $347,000 $475,000 $177,000 $380,000
Native Hawaiian or Other Pacific Islander 2 $1,110,000 $555,000 $635,000 $161,000 $218,000
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) 1,147 $462,265,000 $403,000 $2,735,000 $209,000 $2,645,000
FHA-insured (Federal Housing Administration) 42 $13,610,000 $324,000 $535,000 $112,000 $299,000
VA-guaranteed (Veterans Administration) 40 $19,950,000 $498,000 $1,075,000 $169,000 $358,000
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 1,218 $489,810,000 $402,000 $2,735,000 $204,000 $2,645,000
Application Withdrawn By Applicant 9 $4,185,000 $465,000 $1,425,000 $148,000 $376,000
Application Denied By Financial Institution 2 $1,830,000 $915,000 $1,755,000 $394,000 $751,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
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
Not applicable 1,227 $493,995,000 $402,000 $2,735,000 $204,000 $2,645,000
Collateral 1 $75,000 $75,000 $75,000 $38,000 $38,000
Debt-To-Income Ratio 1 $1,755,000 $1,755,000 $1,755,000 $751,000 $751,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Tradition Mortgage, LLC's 2025 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 Tradition Mortgage, LLC'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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