Polk County, MN Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 795 mortgage applications in Polk County, MN totaling $139.4 million, up 3% from 2023. The average application was for $175,000, and applicants reported an average income of $111,000. 65% of applications resulted in an originated loan and 12% were denied. The most active lender was Bremer Bank NA, with 67 applications, followed by Gate City Bank and United Wholesale Mortgage.

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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 795
Total Mortgage Loan Application Amount $139,435,000
Average Mortgage Loan Application Amount $175,000
Highest Mortgage Loan Application Amount $3,795,000
Average Applicant Income $111,000
Highest Applicant Income $2,147,000

Mortgage Company List for Lending in Polk County, MN for 2024

* 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
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ n/a 67 $ 10,795,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ n/a 64 $ 8,030,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 52 $ 12,990,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 44 $ 5,650,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ n/a 43 $ 5,805,000
American Federal Bank
215 N 5TH ST
FARGO, ND 58102
* $ n/a 36 $ 6,490,000
Bravera Bank
140 1ST AVENUE WEST
DICKINSON, ND 58601
* $ n/a 32 $ 4,550,000
Bravera Bank
140 1ST AVENUE WEST
DICKINSON, ND 58601
* $ n/a 32 $ 4,550,000
First Community Credit Union
111 9TH ST SW
JAMESTOWN, ND 58401
* $ n/a 22 $ 3,850,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 20 $ 4,330,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ n/a 18 $ 3,930,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 16 $ 3,380,000
First National Bank Bagley
PO BOX N, 31 CENTRAL STREET E
BAGLEY, MN 56621
* $ n/a 15 $ 2,695,000
Ultima Bank Minnesota
603 HILLIGOSS BLVD. SE
FOSSTON, MN 56542
* $ n/a 14 $ 790,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 14 $ 3,480,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 12 $ 3,280,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ n/a 11 $ 1,785,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ n/a 10 $ 810,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 10 $ 1,400,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 10 $ 860,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ n/a 10 $ 1,900,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 9 $ 1,745,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 9 $ 2,125,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ n/a 9 $ 1,075,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 9 $ 1,665,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 9 $ 1,235,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ n/a 7 $ 1,355,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 7 $ 1,315,000
Border Bank
4530 17TH AVENUE SOUTH
FARGO, ND 58103
* $ n/a 7 $ 1,285,000
Bank Forward
390 WHEAT STREET, PO BOX 100
FARGO, ND 58104
* $ n/a 6 $ 1,170,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 6 $ 420,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 6 $ 340,000
Agcountry Farm Credit Services, Flca
1900 44TH ST S - PO BOX 6020
FARGO, ND 58108
* $ n/a 6 $ 1,570,000
First State Bank
423 BROADWAY
BUXTON, ND 58218
* $ n/a 6 $ 1,500,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 6 $ 1,150,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 5 $ 225,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 5 $ 945,000
Dakota Heritage Bank

RED LAKE FALLS, MN 56750
* $ n/a 5 $ 605,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 5 $ 345,000
Park State Bank
2630 WEST SUPERIOR STREET
DULUTH, MN 55806
* $ n/a 5 $ 1,245,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 5 $ 1,255,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ n/a 4 $ 450,000
Choice Financial Group
4501 23RD AVE S
FARGO, ND 58104
* $ n/a 4 $ 880,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 4 $ 770,000
Riverwood Bank
14540 DELLWOOD DR PO BOX 2947
BAXTER, MN 56425
* $ n/a 4 $ 840,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ n/a 4 $ 1,330,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 4 $ 800,000
Unity Bank
207 W LINCOLN ST
AUGUSTA, WI 54722
* $ n/a 4 $ 230,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 3 $ 345,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 3 $ 175,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ n/a 3 $ 235,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 3 $ 215,000
Rpe Home, Inc
1312 17TH STREET SUITE 71618
DENVER, CO 80202
* $ n/a 3 $ 415,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 3 $ 295,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 3 $ 815,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 2 $ 290,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 2 $ 3,870,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ n/a 2 $ 440,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 2 $ 550,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 2 $ 390,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 2 $ 430,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 2 $ 260,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 2 $ 410,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ n/a 2 $ 580,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 2 $ 770,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 2 $ 340,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ n/a 1 $ 215,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ n/a 1 $ 305,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 1 $ 165,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ n/a 1 $ 245,000
Neighborhood National Bank
45 NORTH UNION
MORA, MN 55051
* $ n/a 1 $ 435,000
Nextmortgage, LLC
3160 CROW CANYON RD
SAN RAMON, CA 94583
* $ n/a 1 $ 145,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 1 $ 415,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 1 $ 115,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 1 $ 135,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 1 $ 65,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 1 $ 265,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 1 $ 145,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ n/a 1 $ 325,000
Axia Financial LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ n/a 1 $ 185,000
United Bank VA

MORGANTOWN, WV 26505
* $ n/a 1 $ 275,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 1 $ 115,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ n/a 1 $ 265,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 1 $ 195,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ n/a 1 $ 305,000
Valley Mortgage, Inc.
3315 45TH ST S, SUITE 200
FARGO, ND 58104
* $ n/a 1 $ 295,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ n/a 1 $ 265,000
Bay Equity LLC

DETROIT, MI 48226
* $ n/a 1 $ 215,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ n/a 1 $ 45,000
Homestead Funding Corp.
8 AIRLINE DRIVE
ALBANY, NY 12205
* $ n/a 1 $ 435,000
First National Community Bank
109 E. 2ND ST. PO BOX 89
NEW RICHMOND, WI 54017
* $ n/a 1 $ 225,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ n/a 1 $ 85,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ n/a 1 $ 145,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 1 $ 235,000
Florida Capital Bank, N.A
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ n/a 1 $ 205,000
American National Bank of Minnesota
1920 SOUTH SIXTH STREET
BRAINERD, MN 56401
* $ n/a 1 $ 35,000
Town and Country Credit Union
615 S BROADWAY ST
MINOT, ND 58701
* $ n/a 1 $ 225,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ n/a 1 $ 215,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ n/a 1 $ 415,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ n/a 1 $ 55,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ n/a 1 $ 375,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ n/a 1 $ 15,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ n/a 1 $ 295,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 1 $ 275,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ n/a 1 $ 325,000
Kodabank
104 S MAIN ST
DRAYTON, ND 58225
* $ n/a 1 $ 65,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ n/a 1 $ 185,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ n/a 1 $ 335,000

The tables below break down 2024 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 2024

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 462 $95,660,000 $207,000 $805,000 $101,000 $579,000
Refinancing 94 $18,750,000 $199,000 $3,795,000 $131,000 $1,345,000
Cash-out Refinancing 86 $13,660,000 $158,000 $445,000 $107,000 $468,000
Other Purpose 81 $6,725,000 $83,000 $335,000 $124,000 $1,454,000
Home Improvement 71 $4,595,000 $64,000 $455,000 $138,000 $2,147,000
Not Applicable 1 $45,000 $45,000 $45,000 $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 602 $103,500,000 $171,000 $805,000 $113,000 $2,147,000
Not applicable 89 $20,565,000 $231,000 $3,795,000 $157,000 $268,000
Not Provided 54 $8,690,000 $160,000 $415,000 $104,000 $400,000
Hispanic 30 $3,850,000 $128,000 $325,000 $102,000 $300,000
American Indian or Alaskan Native 8 $1,170,000 $146,000 $265,000 $71,000 $142,000
Black or African American 7 $1,115,000 $159,000 $305,000 $66,000 $176,000
Asian 5 $545,000 $109,000 $235,000 $89,000 $138,000
Native Hawaiian or Other Pacific Islander 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) 599 $97,625,000 $162,000 $3,795,000 $118,000 $2,147,000
FHA-insured (Federal Housing Administration) 119 $24,065,000 $202,000 $425,000 $83,000 $205,000
VA-guaranteed (Veterans Administration) 56 $14,090,000 $251,000 $415,000 $95,000 $246,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 21 $3,655,000 $174,000 $275,000 $74,000 $99,000

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 517 $93,475,000 $180,000 $3,795,000 $114,000 $1,454,000
Application Denied By Financial Institution 94 $11,160,000 $118,000 $355,000 $88,000 $400,000
Loan Purchased By The Institution 86 $17,090,000 $198,000 $505,000 $85,000 $268,000
Application Withdrawn By Applicant 61 $12,465,000 $204,000 $505,000 $132,000 $2,147,000
File Closed For Incompleteness 24 $3,330,000 $138,000 $425,000 $94,000 $298,000
Application Approved But Not Accepted 13 $1,915,000 $147,000 $365,000 $156,000 $451,000
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 622 $117,470,000 $188,000 $3,795,000 $115,000 $2,147,000
Debt-To-Income Ratio 110 $14,040,000 $127,000 $805,000 $98,000 $579,000
Collateral 26 $3,090,000 $118,000 $345,000 $94,000 $205,000
Credit History 20 $2,220,000 $111,000 $325,000 $110,000 $400,000
Credit Application Incomplete 10 $1,280,000 $128,000 $275,000 $107,000 $190,000
Employment History 3 $615,000 $205,000 $335,000 $87,000 $168,000
Unverifiable Information 2 $390,000 $195,000 $325,000 $108,000 $166,000
Insufficient Cash (Downpayment, Closing Cost) 1 $265,000 $265,000 $265,000 $70,000 $70,000
Other 1 $65,000 $65,000 $65,000 $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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