AllMortgageDetail - Mortgage Application Details

North Dakota
Mortgage Loan Application
Totals and Details
in 2014

Download the entire list of lenders located in North Dakota to a Spreadsheet or Other File Type
Years 2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 27,603
Total Mortgage Loan Application Amount $5,312,593,000
Average Mortgage Loan Application Amount $192,000
Highest Mortgage Loan Application Amount $34,000,000
Average Applicant Income $85,000
Highest Applicant Income $7,885,000

Mortgage Loan Application Detail Totals for North Dakota in 2014

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 16,829 $3,674,735,000 $218,000 $34,000,000 $84,000 $7,885,000
Refinancing 8,265 $1,494,850,000 $180,000 $12,000,000 $86,000 $3,554,000
Home Improvement 2,509 $143,008,000 $56,000 $1,500,000 $88,000 $1,580,000

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 21,281 $3,561,381,000 $167,000 $14,001,000 $97,000 $7,885,000
Not applicable 3,954 $1,398,040,000 $353,000 $34,000,000 $13,000 $857,000
Not Provided 1,334 $193,145,000 $144,000 $1,020,000 $96,000 $1,367,000
American Indian or Alaskan Native 304 $31,209,000 $102,000 $417,000 $73,000 $588,000
Hispanic 285 $46,593,000 $163,000 $417,000 $80,000 $540,000
Asian 260 $46,351,000 $178,000 $662,000 $140,000 $800,000
Black or African American 140 $27,047,000 $193,000 $680,000 $86,000 $400,000
Native Hawaiin or Other Pacific Islander 45 $8,827,000 $196,000 $431,000 $102,000 $606,000

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) 20,437 $3,968,766,000 $194,000 $34,000,000 $95,000 $7,885,000
FHA-insured (Federal Housing Administration) 3,736 $647,544,000 $173,000 $2,799,000 $58,000 $1,030,000
VA-guaranteed (Veterans Administration) 2,633 $585,092,000 $222,000 $607,000 $59,000 $496,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 797 $111,191,000 $139,000 $1,235,000 $40,000 $309,000

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 17,147 $3,429,715,000 $200,000 $34,000,000 $97,000 $7,885,000
Loan Purchased By The Institution 4,591 $925,648,000 $201,000 $9,880,000 $40,000 $903,000
Application Denied By Financial Institution 2,801 $389,191,000 $138,000 $15,864,000 $74,000 $1,338,000
Application Withdrawn By Applicant 1,883 $356,878,000 $189,000 $11,855,000 $91,000 $930,000
Application Approved But Not Accepted 738 $144,067,000 $195,000 $14,000,000 $102,000 $5,054,000
File Closed For Incompleteness 443 $67,094,000 $151,000 $700,000 $85,000 $1,200,000
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
Credit History 623 $58,957,000 $94,000 $840,000 $77,000 $1,025,000
Debt-To-Income Ratio 417 $61,640,000 $147,000 $640,000 $61,000 $260,000
Collateral 372 $52,672,000 $141,000 $860,000 $87,000 $491,000
Credit Application Incomplete 177 $31,877,000 $180,000 $950,000 $88,000 $806,000
Other 125 $32,359,000 $258,000 $15,864,000 $80,000 $439,000
Unverifiable Information 59 $10,257,000 $173,000 $640,000 $94,000 $573,000
Employment History 44 $5,232,000 $118,000 $417,000 $64,000 $322,000
Insufficient Cash (Downpayment, Closing Cost) 34 $5,088,000 $149,000 $320,000 $74,000 $197,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Mortgage Loan Application Totals in 2014 by North Dakota Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
BISMARCK, ND 5,931 $ 1,197,690,000 $ 201,000 $ 92,000
FARGO, ND-MN 6,922 $ 1,364,739,000 $ 197,000 $ 80,000
GRAND FORKS, ND-MN 2,258 $ 400,060,000 $ 177,000 $ 82,000

Mortgage Loan Application Totals in 2014 by North Dakota County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Adams 55 $ 8,170,000 $ 148,000 $ 68,000
Barnes 299 $ 73,343,000 $ 245,000 $ 91,000
Benson 59 $ 6,078,000 $ 103,000 $ 98,000
Billings 13 $ 2,477,000 $ 190,000 $ 120,000
Bottineau 160 $ 26,342,000 $ 164,000 $ 96,000
Bowman 58 $ 8,173,000 $ 140,000 $ 78,000
Burke 79 $ 9,406,000 $ 119,000 $ 83,000
Burleigh 4,369 $ 916,810,000 $ 209,000 $ 98,000
Cass 6,924 $ 1,364,822,000 $ 197,000 $ 80,000
Cavalier 75 $ 6,562,000 $ 87,000 $ 87,000
Dickey 139 $ 13,158,000 $ 94,000 $ 61,000
Divide 49 $ 6,621,000 $ 135,000 $ 109,000
Dunn 160 $ 26,527,000 $ 165,000 $ 118,000
Eddy 47 $ 6,958,000 $ 148,000 $ 81,000
Emmons 52 $ 6,128,000 $ 117,000 $ 68,000
Foster 113 $ 12,116,000 $ 107,000 $ 77,000
Golden Valley 50 $ 7,417,000 $ 148,000 $ 92,000
Grand Forks 2,260 $ 400,202,000 $ 177,000 $ 82,000
Grant 55 $ 5,202,000 $ 94,000 $ 57,000
Griggs 37 $ 3,123,000 $ 84,000 $ 44,000
Hettinger 76 $ 9,802,000 $ 128,000 $ 86,000
Kidder 55 $ 20,583,000 $ 374,000 $ 108,000
LaMoure 55 $ 7,272,000 $ 132,000 $ 110,000
Logan 16 $ 1,258,000 $ 78,000 $ 58,000
McHenry 146 $ 21,155,000 $ 144,000 $ 67,000
McIntosh 29 $ 2,027,000 $ 69,000 $ 61,000
McKenzie 488 $ 160,215,000 $ 328,000 $ 144,000
McLean 272 $ 39,885,000 $ 146,000 $ 83,000
Mercer 231 $ 34,250,000 $ 148,000 $ 86,000
Morton 1,496 $ 271,182,000 $ 181,000 $ 78,000
Mountrail 271 $ 62,082,000 $ 229,000 $ 113,000
Nelson 38 $ 3,532,000 $ 92,000 $ 68,000
Oliver 51 $ 5,857,000 $ 114,000 $ 67,000
Pembina 163 $ 15,506,000 $ 95,000 $ 72,000
Pierce 91 $ 12,423,000 $ 136,000 $ 85,000
Ramsey 348 $ 43,210,000 $ 124,000 $ 79,000
Ransom 132 $ 13,491,000 $ 102,000 $ 63,000
Renville 66 $ 9,774,000 $ 148,000 $ 77,000
Richland 469 $ 52,204,000 $ 111,000 $ 73,000
Rolette 189 $ 8,656,000 $ 45,000 $ 61,000
Sargent 87 $ 10,437,000 $ 119,000 $ 60,000
Sheridan 14 $ 1,255,000 $ 89,000 $ 44,000
Sioux 17 $ 3,962,000 $ 233,000 $ 99,000
Slope 5 $ 551,000 $ 110,000 $ 92,000
Stark 1,859 $ 425,906,000 $ 229,000 $ 87,000
Steele 33 $ 6,620,000 $ 200,000 $ 64,000
Stutsman 561 $ 70,212,000 $ 125,000 $ 76,000
Towner 33 $ 2,619,000 $ 79,000 $ 78,000
Traill 257 $ 28,545,000 $ 111,000 $ 72,000
Walsh 209 $ 18,662,000 $ 89,000 $ 62,000
Ward 2,895 $ 611,858,000 $ 211,000 $ 77,000
Wells 117 $ 10,019,000 $ 85,000 $ 56,000
Williams 1,418 $ 355,729,000 $ 250,000 $ 104,000