Polk County, MN Mortgage Lenders & HMDA Data, 2012

In 2012, lenders reported 1,561 mortgage applications in Polk County, MN totaling $202.0 million, up 28% from 2011. The average application was for $129,000, and applicants reported an average income of $73,000. 62% of applications resulted in an originated loan and 12% were denied. The most active lender was Bremer Bank NA (Grand Forks), with 186 applications, followed by Wells Fargo Bank NA and Frandsen Bank & Trust.

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Total Number of Mortgage Applications 1,561
Total Mortgage Loan Application Amount $202,031,000
Average Mortgage Loan Application Amount $129,000
Highest Mortgage Loan Application Amount $7,100,000
Average Applicant Income $73,000
Highest Applicant Income $1,499,000

Mortgage Company List for Lending in Polk County, MN for 2012

* 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
Bremer Bank NA (Grand Forks)
3100 SOUTH COLUMBIA RD
GRAND FORKS, ND 58201
* $ 898,474,000 186 $ 22,474,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,161,490,000,000 180 $ 25,286,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,439,611,000 142 $ 19,904,000
American Federal Bank
215 N 5TH ST
FARGO, ND 58102
* $ 439,564,000 126 $ 14,896,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 330,470,810,000 118 $ 15,552,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 1,154,398,000 81 $ 9,857,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,811,678,000,000 69 $ 9,110,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ 1,403,013,000 67 $ 7,502,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,997,931,000 52 $ 4,937,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,288,658,000,000 47 $ 5,208,000
Ultima Bank Minnesota
603 HILLIGOSS BLVD. SE
FOSSTON, MN 56542
* $ 123,845,000 36 $ 2,215,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 34 $ 3,548,000
Crookston National Bank
1901 SAHLSTROM DRIVE
CROOKSTON, MN 56716
* $ 56,686,000 29 $ 2,960,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,241,069,000 26 $ 3,559,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,459,365,000 25 $ 3,038,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 21 $ 3,292,000
Unity Bank North
PO BOX 280
RED LAKE FALLS, MN 56750
* $ 74,955,000 20 $ 1,738,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 19 $ 2,160,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 52,181,685,000 15 $ 2,446,000
Choice Financial Group
4501 23RD AVE S
FARGO, ND 58104
* $ 593,779,000 12 $ 1,363,000
The First National Bank of Bagley
PO BOX N, 31 CENTRAL STREET E
BAGLEY, MN 56621
* $ 79,901,000 10 $ 491,000
Bank of North Dakota
1200 MEMORIAL HWY
BISMARCK, ND 58504
* $ 35,500,000 10 $ 1,387,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,459,157,302,000 9 $ 1,170,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 9 $ 1,040,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,283,070,000 9 $ 1,374,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 8 $ 1,565,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 7 $ 976,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 7 $ 650,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 6 $ 1,024,000
Valley Mortgage, Inc.
3315 45TH ST S, SUITE 200
FARGO, ND 58104
* $ 520,000,000 6 $ 1,095,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,623,469,000 6 $ 788,000
First State Bank
423 BROADWAY
BUXTON, ND 58218
* $ 145,486,000 6 $ 771,000
Bank Forward
390 WHEAT STREET, PO BOX 100
FARGO, ND 58104
* $ 471,627,000 6 $ 1,090,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 1,088,724,000 5 $ 699,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 5 $ 612,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 4 $ 661,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,291,705,000 4 $ 622,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 4 $ 448,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 2,226,619,000 4 $ 434,000
Service Finance Company, LLC
555 S FEDERAL HIGHWAY SUITE 200
BOCA RATON, FL 33432
* $ 10,000,000 4 $ 20,000
First Holding Company of Cavalier, Inc.
PO BOX 170
CAVALIER, ND 58220
* $ 225,584,000 3 $ 7,299,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 824,231,000 3 $ 288,000
Citizens Community Credit Unio
1117 HWY 2 EAST
DEVILS LAKE, ND 58301
* $ 124,620,000 3 $ 80,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 3 $ 673,000
Onemain Financial Servi
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 389,000,000 3 $ 224,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 114,540,379,000 3 $ 561,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 85,381,954,000 3 $ 481,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,790,194,000 3 $ 85,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ 10,000,000 3 $ 239,000
Lsi Mortgage Plus
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 3 $ 280,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 19,007,020,000 3 $ 299,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 46,925,466,000 3 $ 409,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 3 $ 384,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 2 $ 176,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 2 $ 266,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 2 $ 353,000
First Natl Bank of Cold Spring
301 MAIN STREET, P.O. BOX 416
COLD SPRING, MN 56320
* $ 75,098,000 2 $ 243,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 2 $ 338,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,736,579,000 2 $ 482,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 13,039,950,000 2 $ 238,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 62,408,304,000 2 $ 834,000
Bremer Bank NA (Fargo)
1444 45TH ST SW
FARGO, ND 58103
* $ 1,562,058,000 2 $ 306,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 619,450,000 2 $ 468,000
BNC National Bank

BISMARCK, ND 58501
* $ 662,437,000 2 $ 348,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 2 $ 304,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 1 $ 197,000
Cornerstone Bank
2280 45TH STREET SOUTH
FARGO, ND 58104
* $ 266,422,000 1 $ 70,000
Truhome Solutions, L.L.C.
9601 LEGLER RD
LENEXA, KS 66219
* $ 1,900,000,000 1 $ 159,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 104,000
Americash
3080 BRISTOL STREET, SUITE 300
COSTA MESA, CA 92626
* $ 10,000,000 1 $ 132,000
1st Liberty
6200 3RD AVE N
GREAT FALLS, MT 59401
* $ 146,948,000 1 $ 100,000
Spire Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 536,739,000 1 $ 47,000
Town and Country Credit Union
615 S BROADWAY ST
MINOT, ND 58701
* $ 296,912,000 1 $ 48,000
American Bank of the North
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 618,857,000 1 $ 53,000
First Community Credit Union
111 9TH ST SW
JAMESTOWN, ND 58401
* $ 381,178,000 1 $ 29,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 263,309,559,000 1 $ 16,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 168,867,640,000 1 $ 139,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 25,513,620,000 1 $ 114,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 1 $ 246,000
Edward Jones Mortgage, LLC
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,783,443,000 1 $ 125,000
First Choice Bank
669 WHITEHEAD ROAD
LAWRENCEVILLE, NJ 08648
* $ 669,292,000 1 $ 210,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 683,045,000 1 $ 262,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 419,837,000 1 $ 122,000
Liberty Savings Bank FSB
111 7TH AVE S
SAINT CLOUD, MN 56301
* $ 163,742,000 1 $ 153,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 195,395,000 1 $ 12,000
Thrivent Financial Bank
122 EAST COLLEGE AVE., SUITE 1E
APPLETON, WI 54911
* $ 546,918,000 1 $ 37,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 72,848,000 1 $ 134,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,681,476,000 1 $ 175,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ 42,141,000 1 $ 203,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 161,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 146,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 1 $ 45,000
Cashcall, Inc.
1 CITY BLVD WEST SUITE 1000
ORANGE, CA 92868
* $ 10,000,000 1 $ 162,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 124,000
Gfs Capital
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 1 $ 170,000
Mid-Island Mortgage Corp.
900 MERCHANTS CONCOURSE, SUITE #112
WESTBURY, NY 11590
* $ 10,000,000 1 $ 192,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 200,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 69,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 159,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ 941,000 1 $ 236,000
First Mortgage Service, Inc.
815 23RD AVE E
WEST FARGO, ND 58078
* $ 10,000,000 1 $ 189,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 153,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 197,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 246,000

The tables below break down 2012 mortgage applications in Polk 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 Polk County, MN in 2012

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 1,028 $137,324,000 $133,000 $7,100,000 $74,000 $883,000
Home Purchase 429 $57,614,000 $134,000 $417,000 $72,000 $1,499,000
Home Improvement 104 $7,093,000 $68,000 $368,000 $68,000 $229,000

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 1,285 $162,152,000 $126,000 $570,000 $79,000 $1,499,000
Not applicable 159 $27,157,000 $170,000 $7,100,000 $20,000 $218,000
Not Provided 90 $9,386,000 $104,000 $324,000 $76,000 $883,000
Hispanic 19 $2,391,000 $125,000 $224,000 $50,000 $161,000
Black or African American 3 $380,000 $126,000 $145,000 $142,000 $300,000
Native Hawaiian or Other Pacific Islander 2 $266,000 $133,000 $161,000 $58,000 $66,000
American Indian or Alaskan Native 2 $229,000 $114,000 $142,000 $56,000 $62,000
Asian 1 $70,000 $70,000 $70,000 $151,000 $151,000

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) 1,211 $152,078,000 $125,000 $7,100,000 $79,000 $1,499,000
FHA-insured (Federal Housing Administration) 217 $27,719,000 $127,000 $298,000 $53,000 $193,000
VA-guaranteed (Veterans Administration) 99 $18,456,000 $186,000 $358,000 $49,000 $149,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 34 $3,778,000 $111,000 $197,000 $31,000 $67,000

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 969 $126,349,000 $130,000 $7,100,000 $83,000 $1,499,000
Loan Purchased By The Institution 231 $31,344,000 $135,000 $375,000 $41,000 $267,000
Application Denied By Financial Institution 180 $20,192,000 $112,000 $358,000 $56,000 $357,000
Application Withdrawn By Applicant 103 $13,009,000 $126,000 $293,000 $67,000 $176,000
Application Approved But Not Accepted 55 $8,110,000 $147,000 $417,000 $97,000 $1,038,000
File Closed For Incompleteness 23 $3,027,000 $131,000 $288,000 $70,000 $274,000
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 49 $4,658,000 $95,000 $232,000 $53,000 $133,000
Debt-To-Income Ratio 41 $4,883,000 $119,000 $301,000 $42,000 $92,000
Other 29 $2,609,000 $89,000 $220,000 $57,000 $133,000
Collateral 21 $3,030,000 $144,000 $343,000 $95,000 $357,000
Credit Application Incomplete 8 $873,000 $109,000 $172,000 $50,000 $112,000
Unverifiable Information 7 $955,000 $136,000 $272,000 $69,000 $149,000
Employment History 5 $358,000 $71,000 $122,000 $36,000 $71,000
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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