Morrison County, MN Mortgage Lenders & HMDA Data, 2020

In 2020, lenders reported 1,922 mortgage applications in Morrison County, MN totaling $342.7 million, up 56% from 2019. The average application was for $178,000, and applicants reported an average income of $91,000. 65% of applications resulted in an originated loan and 10% were denied. The most active lender was US Bank, N.A., with 150 applications, followed by Magnifi Financial Credit Union and Primelending.

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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 1,922
Total Mortgage Loan Application Amount $342,670,000
Average Mortgage Loan Application Amount $178,000
Highest Mortgage Loan Application Amount $655,000
Average Applicant Income $91,000
Highest Applicant Income $780,000

Mortgage Company List for Lending in Morrison County, MN for 2020

* 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
* $ 486,004,220,000 150 $ 21,650,000
Magnifi Financial Credit Union
20 4TH AVE SE
MELROSE, MN 56352
* $ 1,201,922,000 117 $ 19,405,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 102 $ 18,560,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 91 $ 16,645,000
Flagstar Bank NA

TROY, MI 49098
* $ 23,234,514,000 78 $ 15,480,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 13,105,582,000 77 $ 14,645,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 68 $ 11,790,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,712,919,000,000 67 $ 11,005,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,399,512,000 52 $ 8,230,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 92,968,547,000 45 $ 4,555,000
Liberty Bank Minnesota
111 7TH AVE S
ST CLOUD, MN 56301
* $ 218,686,000 38 $ 7,840,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 35 $ 7,155,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 34 $ 8,140,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 34 $ 6,670,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 30 $ 5,800,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 29 $ 5,765,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ -1,000 27 $ 5,375,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 25 $ 5,075,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 23 $ 4,835,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 22 $ 3,910,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 20 $ 3,890,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 19 $ 3,565,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 19 $ 3,615,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 19 $ 3,295,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 18 $ 4,080,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 18 $ 4,430,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ -1,000 17 $ 2,955,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 17 $ 2,745,000
Bankvista
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 347,062,000 16 $ 2,960,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 16 $ 2,690,000
Blackridgebank
4040 42ND ST SW, SUITE O
FARGO, ND 58104
* $ 484,305,000 15 $ 2,945,000
Woodlands National Bank
122 EAST MAIN STREET P.O. BOX 190
HINCKLEY, MN 55037
* $ -1,000 14 $ 1,870,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 14 $ 2,670,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 13 $ 2,765,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,553,647,000 13 $ 1,405,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 13 $ 2,425,000
St. Cloud Financial Credit Union
3030 1ST ST S
SAINT CLOUD, MN 56301
* $ 202,109,000 12 $ 2,120,000
Unity Bank
207 W LINCOLN ST
AUGUSTA, WI 54722
* $ 527,192,000 12 $ 2,720,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 12 $ 2,120,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,708,246,000 11 $ 1,825,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 11 $ 1,475,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 10 $ 1,430,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 10 $ 1,710,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 10 $ 1,420,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 3,466,051,000 10 $ 1,620,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 9 $ 1,135,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 9 $ 1,575,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 8 $ 1,310,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,864,126,000 7 $ 1,375,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 7 $ 1,165,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 7 $ 1,455,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 6,492,180,000 7 $ 1,505,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 6 $ 1,630,000
Deerwood Bank
21236 ARCHIBALD ROAD
WAITE PARK, MN 56387
* $ 719,021,000 6 $ 1,510,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 6 $ 900,000
American Heritage National Bank
24 2ND ST S
LONG PRAIRIE, MN 56347
* $ 378,582,000 6 $ 1,050,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ -1,000 6 $ 910,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,237,913,000 6 $ 970,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 6 $ 1,240,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 5 $ 765,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 5 $ 1,065,000
Sentry Bank
400 4TH AVE NE
ST. JOSEPH, MN 56374
* $ 237,881,000 5 $ 1,055,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 5 $ 1,085,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 5 $ 675,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 1,242,853,000 5 $ 835,000
Great River Federal CU
1532 W ST GERMAIN STREET
ST CLOUD, MN 56301
* $ 188,892,000 5 $ 805,000
American National Bank of Minnesota
1920 SOUTH SIXTH STREET
BRAINERD, MN 56401
* $ 306,098,000 5 $ 695,000
Results Mortgage, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 4 $ 1,110,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 4 $ 560,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 4 $ 1,110,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ 327,028,000 4 $ 610,000
Hometown Bank
1600 MONROE DRIVE
CARVER, MN 55315
* $ 353,740,000 4 $ 610,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 112,384,202,000 4 $ 340,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 4 $ 500,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 4 $ 610,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 4 $ 1,110,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 41,950,721,000 4 $ 520,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ -1,000 3 $ 795,000
Sharepoint Credit Union
5300 HYLAND GREENS DR
BLOOMINGTON, MN 55437
* $ 240,631,000 3 $ 335,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 3 $ 535,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 3 $ 515,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ -1,000 3 $ 605,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 3 $ 355,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 3 $ 685,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 3 $ 595,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 3 $ 485,000
Lake Area Bank
12790 FIRST AVE N - PO BOX 743
LINDSTROM, MN 55045
* $ 359,274,000 3 $ 335,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 2 $ 450,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 20,311,535,000 2 $ 280,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 2 $ 90,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 2 $ 380,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ -1,000 2 $ 380,000
Coulee Bank
1516 LOSEY BLVD. S.
LA CROSSE, WI 54601
* $ 386,378,000 2 $ 210,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 3,921,403,000 2 $ 240,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 2 $ 230,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 2 $ 430,000
Members Cooperative Credit Union
4628 MIKE COLALILLO DR
DULUTH, MN 55816
* $ 796,073,000 2 $ 460,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 2 $ 300,000
American Bank of the North
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 529,062,000 2 $ 560,000
Ideal Credit Union
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ 763,132,000 2 $ 210,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 2 $ 430,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ -1,000 2 $ 460,000
Florida Capital Bank, N.A
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 496,400,000 2 $ 490,000
Bank Forward
390 WHEAT STREET, PO BOX 100
FARGO, ND 58104
* $ 717,012,000 2 $ 340,000
Accelerate Mortgage, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 2 $ 370,000
James B. Nutter & Company
4153 BROADWAY
KANSAS CITY, MO 64111
* $ -1,000 2 $ 410,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 2 $ 180,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 310,000
Riverwood Bank
14540 DELLWOOD DR PO BOX 2947
BAXTER, MN 56425
* $ 445,320,000 2 $ 470,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 2 $ 380,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 2 $ 300,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 2 $ 390,000
Heartland Credit Union
5500 S ROBERT TRAIL
INVER GROVE HEIGHTS, MN 55077
* $ 121,610,000 2 $ 210,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 2 $ 50,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 2 $ 440,000
Roundbank
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 325,074,000 2 $ 610,000
Mortgages Unlimited Inc.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 2 $ 550,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 2 $ 170,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 187,526,000 2 $ 140,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 1,205,032,000 1 $ 115,000
Parkside Lending, LLC
1130 HOWARD ST.
SAN FRANCISCO, CA 94103
* $ -1,000 1 $ 355,000
First Bank & Trust
520 6TH STREET
BROOKINGS, SD 57006
* $ 2,069,570,000 1 $ 115,000
Cortrust Bank
100 EAST HAVENS
MITCHELL, SD 57301
* $ 1,233,944,000 1 $ 145,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 1 $ 515,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,131,130,000 1 $ 105,000
Guaranty Home Mortgage Corporation
316 ROBERT ROSE DRIVE
NASHVILLE, TN 37129
* $ -1,000 1 $ 235,000
City & County Credit Union
144 11TH ST. E
SAINT PAUL, MN 55101
* $ 893,592,000 1 $ 265,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 1 $ 185,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 1 $ 75,000
Ccm Finance, LLC
7801 E BUSH LAKE RD SUITE 430
MINNEAPOLIS, MN 55439
* $ -1,000 1 $ 135,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ -1,000 1 $ 115,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 175,000
First Home Bank
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 531,151,000 1 $ 155,000
Bridgewater Bank
4450 EXCELSIOR BOULEVARD
ST. LOUIS PARK, MN 55416
* $ 2,263,871,000 1 $ 95,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ 2,837,926,000 1 $ 115,000
Bank Midwest
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 948,772,000 1 $ 175,000
Western State Bank
755 13TH AVE E
DEVILS LAKE, ND 58301
* $ 1,286,460,000 1 $ 135,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 4,645,441,000 1 $ 225,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 1 $ 365,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,354,874,000 1 $ 275,000
Mann Financial Inc.
1220 WHITEFISH STAGE ROAD
KALISPELL, MT 59901
* $ -1,000 1 $ 225,000
Sherburne State Bank
12500 SHERBURNE AVE
PO BOX 428, MN 55308
* $ 131,371,000 1 $ 175,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 1 $ 215,000
First National Community Bank
109 E. 2ND ST. PO BOX 89
NEW RICHMOND, WI 54017
* $ 216,070,000 1 $ 145,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ -1,000 1 $ 245,000
Meridian Bank
9 OLD LINCOLN HIGHWAY
MALVERN, PA 19355
* $ 1,149,979,000 1 $ 145,000
Cazle Mortgage, Inc.
3 E HENRIETTA ST
BALTIMORE, MD 21220
* $ -1,000 1 $ 295,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 1 $ 165,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 32,343,129,000 1 $ 135,000
Redfin Mortgage, LLC
2611 INTERNET BLVD #201
FRISCO, TX 75034
* $ -1,000 1 $ 425,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 145,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 205,000
First Western Bank & Trust
900 SOUTH BROADWAY
MINOT, ND 58701
* $ 1,089,559,000 1 $ 115,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 833,228,000 1 $ 255,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 5,000
Heritage Bank NA
100 SOUTH STREET W
SPICER, MN 56288
* $ 403,053,000 1 $ 295,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,669,828,000 1 $ 145,000
Nations Reliable Lending, LLC

HOUSTON, TX 77057
* $ -1,000 1 $ 205,000
North Shore Bank of Commerce
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 286,645,000 1 $ 145,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 1 $ 295,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 707,275,000 1 $ 185,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,065,955,000 1 $ 165,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 1 $ 145,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 1 $ 175,000
Cortrust Mortgage, Inc.
2101 S MINNESOTA AVENUE
SIOUX FALLS, SD 57105
* $ -1,000 1 $ 195,000
Firefly
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 1,379,124,000 1 $ 65,000
Axia Financial LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 1 $ 175,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 315,000
American Federal Bank
215 N 5TH ST
FARGO, ND 58102
* $ 628,546,000 1 $ 105,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 2,488,033,000 1 $ 5,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 165,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ -1,000 1 $ 155,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 75,000
Citizens Alliance Bank
55 NW 1ST ST NW PO BOX 430
CLARA CITY, MN 56222
* $ 847,122,000 1 $ 345,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ -1,000 1 $ 95,000
Border Bank
133 MAIN STREET N
GREENBUSH, MN 56726
* $ 632,848,000 1 $ 495,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 2,142,154,000 1 $ 355,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 313,272,000 1 $ 95,000

The tables below break down 2020 mortgage applications in Morrison 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 Morrison County, MN 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 847 $156,005,000 $184,000 $655,000 $96,000 $780,000
Home Purchase 594 $107,880,000 $181,000 $515,000 $78,000 $507,000
Cash-out Refinancing 348 $65,430,000 $188,000 $555,000 $95,000 $590,000
Other Purpose 77 $7,015,000 $91,000 $395,000 $114,000 $685,000
Home Improvement 36 $3,720,000 $103,000 $535,000 $105,000 $342,000
Not Applicable 20 $2,620,000 $131,000 $325,000 $73,000 $73,000

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 1,602 $287,670,000 $179,000 $655,000 $91,000 $685,000
Not Provided 163 $27,355,000 $167,000 $535,000 $90,000 $780,000
Not applicable 128 $22,770,000 $177,000 $455,000 $58,000 $128,000
Hispanic 10 $1,540,000 $154,000 $235,000 $91,000 $282,000
American Indian or Alaskan Native 9 $1,585,000 $176,000 $425,000 $99,000 $306,000
Asian 7 $1,205,000 $172,000 $365,000 $46,000 $117,000
Black or African American 1 $105,000 $105,000 $105,000 $76,000 $76,000
Native Hawaiian or Other Pacific Islander 1 $295,000 $295,000 $295,000 $113,000 $113,000

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) 1,387 $246,865,000 $177,000 $655,000 $98,000 $780,000
VA-guaranteed (Veterans Administration) 249 $50,895,000 $204,000 $505,000 $68,000 $170,000
FHA-insured (Federal Housing Administration) 198 $31,490,000 $159,000 $335,000 $56,000 $184,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 88 $13,420,000 $152,000 $335,000 $51,000 $94,000

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 1,243 $229,805,000 $184,000 $655,000 $94,000 $685,000
Application Withdrawn By Applicant 205 $33,695,000 $164,000 $485,000 $92,000 $606,000
Application Denied By Financial Institution 191 $29,165,000 $152,000 $555,000 $74,000 $468,000
Loan Purchased By The Institution 143 $25,985,000 $181,000 $455,000 $73,000 $203,000
File Closed For Incompleteness 99 $16,995,000 $171,000 $435,000 $90,000 $780,000
Application Approved But Not Accepted 41 $7,025,000 $171,000 $355,000 $90,000 $297,000
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 1,676 $301,920,000 $180,000 $535,000 $91,000 $780,000
Debt-To-Income Ratio 105 $19,525,000 $185,000 $655,000 $100,000 $685,000
Credit History 44 $6,230,000 $141,000 $455,000 $91,000 $189,000
Collateral 37 $6,105,000 $165,000 $425,000 $83,000 $468,000
Credit Application Incomplete 36 $5,410,000 $150,000 $325,000 $83,000 $207,000
Other 13 $2,005,000 $154,000 $355,000 $62,000 $95,000
Unverifiable Information 7 $995,000 $142,000 $215,000 $56,000 $102,000
Insufficient Cash (Downpayment, Closing Cost) 2 $220,000 $110,000 $135,000 $57,000 $80,000
Mortgage Insurance Denied 1 $165,000 $165,000 $165,000 $52,000 $52,000
Employment History 1 $95,000 $95,000 $95,000 $210,000 $210,000

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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