Martin County, MN Mortgage Lenders & HMDA Data, 2025

In 2025, lenders reported 533 mortgage applications in Martin County, MN totaling $88.1 million, up 8% from 2024. The average application was for $165,000, and applicants reported an average income of $108,000. 56% of applications resulted in an originated loan and 15% were denied. The most active lender was US Bank, N.A., with 48 applications, followed by Iowa Bankers Mortgage Corporation and United Wholesale Mortgage.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 533
Total Mortgage Loan Application Amount $88,055,000
Average Mortgage Loan Application Amount $165,000
Highest Mortgage Loan Application Amount $1,405,000
Average Applicant Income $108,000
Highest Applicant Income $2,517,000

Mortgage Company List for Lending in Martin County, MN for 2025

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 48 $ 4,840,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ n/a 39 $ 8,015,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 36 $ 7,290,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 24 $ 4,410,000
Bank Midwest
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ n/a 24 $ 4,270,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ n/a 19 $ 3,295,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 14 $ 2,730,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ n/a 14 $ 1,780,000
Hometown Bank
1600 MONROE DRIVE
CARVER, MN 55315
* $ n/a 13 $ 2,435,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 12 $ 1,280,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 11 $ 2,205,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 10 $ 1,550,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 8 $ 750,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 8 $ 1,120,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 8 $ 1,660,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ n/a 8 $ 590,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 7 $ 1,115,000
Citizens Community Federal N.A.
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ n/a 7 $ 1,215,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 7 $ 775,000
Pioneer Bank
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ n/a 7 $ 1,385,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 6 $ 990,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 6 $ 260,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ n/a 6 $ 2,320,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 6 $ 1,710,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 6 $ 1,310,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 6 $ 700,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ n/a 5 $ 615,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 5 $ 395,000
Southpoint Financial Credit Union
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ n/a 5 $ 1,345,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 4 $ 460,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 4 $ 640,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 4 $ 360,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ n/a 4 $ 650,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 3 $ 595,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ n/a 3 $ 165,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ n/a 3 $ 505,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 3 $ 525,000
Luminate Bank
2523 SOUTH WAYZATA BOULEVARD SUITE 100
MINNEAPOLIS, MN 55405
* $ n/a 3 $ 235,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 3 $ 245,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 3 $ 605,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 3 $ 945,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 3 $ 345,000
Granite Bank
202 2ND AVENUE SOUTH, P.O. BOX 416
COLD SPRING, MN 56320
* $ n/a 3 $ 395,000
Mission Loans, LLC

IRVINE, CA 92612
* $ n/a 2 $ 270,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 2 $ 350,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 2 $ 150,000
Citizens Bank Minnesota
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ n/a 2 $ 240,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 2 $ 150,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ n/a 2 $ 100,000
First Bank & Trust
520 6TH STREET
BROOKINGS, SD 57006
* $ n/a 2 $ 250,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 2 $ 320,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ n/a 2 $ 320,000
First National Bank Minnesota
500 LONG STREET
SAINT PETER, MN 56082
* $ n/a 2 $ 160,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 2 $ 490,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 2 $ 370,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ n/a 2 $ 200,000
Mayo Employees Federal Credit Union
130 23RD AVE SW
ROCHESTER, MN 55902
* $ n/a 2 $ 150,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 2 $ 560,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 2 $ 250,000
Minnwest Bank
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ n/a 2 $ 290,000
Heartland Credit Union
5500 S ROBERT TRAIL
INVER GROVE HEIGHTS, MN 55077
* $ n/a 2 $ 190,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 2 $ 190,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ n/a 2 $ 330,000
Magnifi Financial Credit Union
20 4TH AVE SE
MELROSE, MN 56352
* $ n/a 1 $ 95,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ n/a 1 $ 145,000
Connexus Credit Union
2600 PINE RIDGE
WAUSAU, WI 54401
* $ n/a 1 $ 95,000
First Dakota National Bak
225 CEDAR ST
YANKTON, SD 57078
* $ n/a 1 $ 315,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 1 $ 125,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ n/a 1 $ 735,000
Minnstar Bank National Association
P.O. BOX 270
LAKE CRYSTAL, MN 56055
* $ n/a 1 $ 1,085,000
Topline Financial Credit Union
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ n/a 1 $ 115,000
Park State Bank
2630 WEST SUPERIOR STREET
DULUTH, MN 55806
* $ n/a 1 $ 115,000
American Bank & Trust
120 E MAIN STREET
SIOUX FALLS, SD 57108
* $ n/a 1 $ 1,405,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ n/a 1 $ 55,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ n/a 1 $ 415,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ n/a 1 $ 95,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 1 $ 75,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 1 $ 195,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ n/a 1 $ 75,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 1 $ 185,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 1 $ 25,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 1 $ 235,000
The Security National Bank of Sioux City, Iowa
601 PIERCE STREET
SIOUX CITY, IA 51101
* $ n/a 1 $ 575,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ n/a 1 $ 55,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ n/a 1 $ 75,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 1 $ 85,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ n/a 1 $ 115,000
A&D Mortgage LLC
899 W. CYPRESS CREEK ROAD
FT. LAUDERDALE, FL 33309
* $ n/a 1 $ 225,000
First State Bank of Le Center
88 NORTH PARK AVE
LE CENTER, MN 56057
* $ n/a 1 $ 115,000
Manufacturers Bank & Trust Co
245 EAST J ST, PO BOX 450
FOREST CITY, IA 50436
* $ n/a 1 $ 45,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ n/a 1 $ 235,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ n/a 1 $ 145,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 1 $ 105,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ n/a 1 $ 365,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 1 $ 555,000
Cv3 Financial Services, LLC
2101 E EL SEGUNDO BLVD SUITE #203
EL SEGUNDO, CA 90245
* $ n/a 1 $ 75,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ n/a 1 $ 125,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ n/a 1 $ 145,000
Resicentral LLC
700 LARKSPUR LANDING CIRCLE SUITE 199-18
LARKSPUR, CA 94939
* $ n/a 1 $ 225,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 1 $ 295,000
Minnesota Valley Federal Credit Union
1640 ADAMS ST
MANKATO, MN 56001
* $ n/a 1 $ 125,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ n/a 1 $ 125,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 1 $ 175,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 1 $ 105,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ n/a 1 $ 45,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ n/a 1 $ 215,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ n/a 1 $ 75,000
Change Lending
175 N. RIVERVIEW DRIVE SUITE C
ANAHEIM, CA 92808
* $ n/a 1 $ 135,000
Northwest Bank
705 GRAND AVE.
SPENCER, IA 51301
* $ n/a 1 $ 55,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 1 $ 135,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ n/a 1 $ 75,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ n/a 1 $ 305,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ n/a 1 $ 55,000

The tables below break down 2025 mortgage applications in Martin County, MN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Martin County, MN 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 275 $48,665,000 $176,000 $695,000 $109,000 $2,517,000
Cash-out Refinancing 109 $16,365,000 $150,000 $805,000 $105,000 $2,172,000
Refinancing 69 $17,445,000 $252,000 $1,405,000 $104,000 $235,000
Other Purpose 43 $3,025,000 $70,000 $155,000 $88,000 $322,000
Home Improvement 37 $2,555,000 $69,000 $165,000 $130,000 $1,154,000
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 394 $65,970,000 $167,000 $805,000 $115,000 $2,517,000
Not applicable 52 $10,900,000 $209,000 $1,405,000 $763,000 $763,000
Not Provided 42 $5,720,000 $136,000 $335,000 $64,000 $265,000
Hispanic 41 $4,845,000 $118,000 $245,000 $59,000 $94,000
Asian 4 $620,000 $155,000 $275,000 $129,000 $349,000
Black or African American 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 386 $63,740,000 $165,000 $1,405,000 $121,000 $2,517,000
FHA-insured (Federal Housing Administration) 91 $13,515,000 $148,000 $375,000 $59,000 $121,000
VA-guaranteed (Veterans Administration) 46 $9,550,000 $207,000 $425,000 $82,000 $251,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 10 $1,250,000 $125,000 $205,000 $51,000 $72,000

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 298 $50,050,000 $167,000 $1,405,000 $100,000 $612,000
Application Denied By Financial Institution 78 $11,870,000 $152,000 $805,000 $96,000 $1,154,000
Application Withdrawn By Applicant 66 $11,700,000 $177,000 $695,000 $167,000 $2,517,000
Loan Purchased By The Institution 60 $9,730,000 $162,000 $455,000 $92,000 $763,000
File Closed For Incompleteness 25 $3,385,000 $135,000 $365,000 $87,000 $265,000
Application Approved But Not Accepted 6 $1,320,000 $220,000 $375,000 $90,000 $168,000
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 415 $68,785,000 $165,000 $1,405,000 $108,000 $2,517,000
Debt-To-Income Ratio 56 $9,680,000 $172,000 $805,000 $134,000 $1,154,000
Credit History 22 $3,070,000 $139,000 $445,000 $73,000 $189,000
Collateral 21 $3,915,000 $186,000 $735,000 $93,000 $194,000
Credit Application Incomplete 10 $1,160,000 $116,000 $235,000 $63,000 $120,000
Other 5 $775,000 $155,000 $235,000 $120,000 $146,000
Unverifiable Information 4 $670,000 $167,000 $195,000 $69,000 $80,000
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

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

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