Red Lake County MN
Mortgage Loan Application
Totals and Details
for 2020

Find mortgage statistics and lending data for the Red Lake County MN metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2021.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Red Lake County MN, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 116
Total Mortgage Loan Application Amount $15,530,000
Average Mortgage Loan Application Amount $133,000
Highest Mortgage Loan Application Amount $355,000
Average Applicant Income $80,000
Highest Applicant Income $690,000

Mortgage Company List for Lending in Red Lake 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
UNITY BANK
207 W LINCOLN ST
AUGUSTA, WI 54722
* $ 527,192,000 22 $ 1,880,000
AMERICAN BANK OF THE NORTH
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 529,062,000 8 $ 1,300,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 8 $ 1,170,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 13,105,582,000 7 $ 1,155,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 6 $ 760,000
BORDER BANK
133 MAIN STREET N
GREENBUSH, MN 56726
* $ 632,848,000 5 $ 445,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 5 $ 1,035,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,712,919,000,000 4 $ 530,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 3 $ 615,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 3 $ 305,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 3 $ 445,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 2 $ 250,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 2 $ 210,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,399,512,000 2 $ 270,000
VALLEY MORTGAGE, INC.
3315 45TH ST S, SUITE 200
FARGO, ND 58104
* $ -1,000 2 $ 420,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 2 $ 260,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,708,246,000 1 $ 205,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 1 $ 95,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 1 $ 75,000
LIBERTY BANK MINNESOTA
111 7TH AVE S
ST CLOUD, MN 56301
* $ 218,686,000 1 $ 95,000
WESTERN STATE BANK
755 13TH AVE E
WEST FARGO, ND 58108
* $ 1,286,460,000 1 $ 195,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,354,874,000 1 $ 115,000
NORTHWEST BANK
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,688,814,000 1 $ 355,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 1 $ 115,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 1 $ 205,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 105,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 1 $ 215,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 1 $ 125,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 1 $ 205,000
CENTIER BANK
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 4,694,690,000 1 $ 55,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,633,125,000 1 $ 65,000
RESULTS MORTGAGE, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 1 $ 205,000
UNION STATE BANK OF FARGO
4530 17TH AVENUE SOUTH
FARGO, ND 58103
* $ 109,857,000 1 $ 205,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 205,000
DIGITAL FEDERAL CREDIT UNION
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 9,361,090,000 1 $ 15,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 55,000
NORTH SHORE BANK OF COMMERCE
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 286,645,000 1 $ 125,000
DEERWOOD BANK
21236 ARCHIBALD ROAD
DEERWOOD, MN 56444
* $ 719,021,000 1 $ 165,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 604,528,000 1 $ 175,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Red Lake 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
Home Purchase 49 $5,765,000 $117,000 $275,000 $70,000 $690,000
Refinancing 42 $6,360,000 $151,000 $285,000 $84,000 $160,000
Cash-out Refinancing 17 $2,565,000 $150,000 $205,000 $89,000 $162,000
Not Applicable 4 $430,000 $107,000 $285,000 $0 $0
Home Improvement 3 $395,000 $131,000 $355,000 $92,000 $100,000
Other Purpose 1 $15,000 $15,000 $15,000 $80,000 $80,000

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 89 $12,205,000 $137,000 $355,000 $81,000 $690,000
Not applicable 15 $1,825,000 $121,000 $285,000 $108,000 $162,000
Not Provided 6 $870,000 $145,000 $275,000 $74,000 $149,000
Hispanic 4 $400,000 $100,000 $115,000 $55,000 $71,000
American Indian or Alaskan Native 2 $230,000 $115,000 $135,000 $60,000 $60,000
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
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) 96 $13,000,000 $135,000 $355,000 $85,000 $690,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 11 $1,385,000 $125,000 $205,000 $44,000 $53,000
FHA-insured (Federal Housing Administration) 6 $660,000 $110,000 $215,000 $44,000 $76,000
VA-guaranteed (Veterans Administration) 3 $485,000 $161,000 $255,000 $52,000 $52,000

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 82 $10,960,000 $133,000 $355,000 $81,000 $690,000
Loan Purchased By The Institution 13 $1,765,000 $135,000 $285,000 $108,000 $162,000
Application Withdrawn By Applicant 10 $1,390,000 $139,000 $285,000 $74,000 $155,000
Application Denied By Financial Institution 8 $1,090,000 $136,000 $275,000 $81,000 $132,000
Application Approved But Not Accepted 2 $190,000 $95,000 $125,000 $52,000 $64,000
File Closed For Incompleteness 1 $135,000 $135,000 $135,000 $48,000 $48,000
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 71 $10,445,000 $147,000 $355,000 $73,000 $162,000
Debt-To-Income Ratio 37 $3,995,000 $107,000 $235,000 $91,000 $690,000
Other 2 $180,000 $90,000 $95,000 $98,000 $110,000
Credit Application Incomplete 2 $470,000 $235,000 $275,000 $109,000 $132,000
Credit History 2 $280,000 $140,000 $205,000 $64,000 $98,000
Employment History 1 $55,000 $55,000 $55,000 $63,000 $63,000
Collateral 1 $105,000 $105,000 $105,000 $44,000 $44,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in Minnesota, and search similar information back through 2003.

Download the Minnesota Lender List