Sibley County MN
Mortgage Loan Application
Totals and Details
for 2021

Find mortgage statistics and lending data for the Sibley 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 Sibley 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 969
Total Mortgage Loan Application Amount $167,885,000
Average Mortgage Loan Application Amount $173,000
Highest Mortgage Loan Application Amount $685,000
Average Applicant Income $83,000
Highest Applicant Income $791,000

Mortgage Company List for Lending in Sibley County MN for 2021

* 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
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 52 $ 9,700,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,747,398,000,000 47 $ 7,535,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 45 $ 6,975,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 38 $ 6,640,000
SOUTHPOINT FINANCIAL
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ 369,032,000 35 $ 4,735,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 35 $ 6,305,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 25 $ 4,785,000
CORNERSTONE STATE BANK
401 4TH ST N W
MONTGOMERY, MN 56069
* $ 174,136,000 25 $ 4,815,000
OLD NATIONAL BANK
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 20,311,535,000 24 $ 2,800,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,399,512,000 24 $ 2,840,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 24 $ 3,810,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 353,740,000 19 $ 3,795,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 19 $ 3,435,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 707,275,000 18 $ 2,760,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 18 $ 3,450,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 18 $ 4,120,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 18 $ 4,460,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 16 $ 2,940,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 6,492,180,000 15 $ 3,975,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 15 $ 2,265,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 14 $ 2,780,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 13 $ 2,325,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 13 $ 1,995,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 12 $ 2,730,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 12 $ 1,600,000
CITIZENS BANK MINNESOTA
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 432,148,000 12 $ 1,570,000
CORTRUST MORTGAGE, INC.
2101 S MINNESOTA AVENUE
SIOUX FALLS, SD 57105
* $ -1,000 11 $ 2,035,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 11 $ 2,485,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 10 $ 1,780,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 13,105,582,000 10 $ 1,950,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 9 $ 1,365,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 9 $ 1,445,000
SPIRE CREDIT UNION
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 1,242,853,000 9 $ 1,055,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,708,246,000 8 $ 1,440,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 8 $ 1,030,000
CAMBRIA FINANCIAL GROUP, LLC
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 8 $ 1,370,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 7 $ 1,075,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 7 $ 1,645,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,553,647,000 7 $ 685,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,864,126,000 6 $ 870,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 98,729,134,000 6 $ 520,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 6 $ 1,370,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 6 $ 520,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 6 $ 1,110,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 6 $ 1,020,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 5 $ 905,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 119,432,105,000 5 $ 555,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 5 $ 1,075,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 5 $ 575,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,633,125,000 5 $ 935,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 4 $ 640,000
NEW MARKET BANK
101 OLD TOWN RD
ELKO NEW MARKET, MN 55054
* $ 112,702,000 4 $ 640,000
AXIA FINANCIAL, LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 4 $ 810,000
LEND SMART MORTGAGE, LLC
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ -1,000 4 $ 520,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 46,627,366,000 4 $ 380,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 4 $ 870,000
IOWA BANKERS MORTGAGE CORPORATION
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 4 $ 1,300,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 4 $ 820,000
LAKE AREA BANK
12790 FIRST AVE N - PO BOX 743
LINDSTROM, MN 55045
* $ 359,274,000 4 $ 470,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 3 $ 335,000
MORTGAGES UNLIMITED INC.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 3 $ 525,000
BANK MIDWEST
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 948,772,000 3 $ 475,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 104,052,030,000 3 $ 1,055,000
KELLER MORTGAGE, LLC
4725 LAKEHURST CT SUITE 400
DUBLIN, OH 43016
* $ -1,000 3 $ 875,000
WESTSTAR MORTGAGE CORPORATION
6363 NORTH STATE HIGHWAY 161
IRVING, TX 75038
* $ -1,000 3 $ 535,000
ROUNDBANK
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 325,074,000 3 $ 865,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 3 $ 325,000
MEGASTAR FINANCIAL CORP.
1080 CHEROKEE STREET
DENVER, CO 80205
* $ -1,000 3 $ 435,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ -1,000 3 $ 535,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 3 $ 335,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 2 $ 250,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 137,588,093,000 2 $ 60,000
LIBERTY BANK MINNESOTA
111 7TH AVE S
ST CLOUD, MN 56301
* $ 218,686,000 2 $ 570,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 187,526,000 2 $ 420,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 2 $ 340,000
THE FIRST NATIONAL BANK OF LE CENTER
10 W. MINNESOTA ST
LE CENTER, MN 56057
* $ 128,881,000 2 $ 390,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 530,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 2 $ 350,000
HOMETOWN LENDERS, INC.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 2 $ 160,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 2 $ 170,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 2 $ 410,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 2 $ 580,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,354,874,000 2 $ 340,000
TOPLINE FEDERAL CREDIT UNION
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ 470,364,000 2 $ 160,000
BANKVISTA
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 347,062,000 2 $ 610,000
MINNESOTA VALLEY FEDERAL CREDIT UNION
1640 ADAMS ST
MANKATO, MN 56001
* $ 182,880,000 2 $ 290,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 1 $ 105,000
GUARANTY HOME MORTGAGE CORPORATION
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 165,000
MINNWEST BANK
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 2,068,880,000 1 $ 25,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 105,000
NBKC BANK
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 833,228,000 1 $ 235,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 395,000
LOANFLIGHT LENDING, LLC
201 N FRANKLIN ST STE 3440
TAMPA, FL 33607
* $ -1,000 1 $ 315,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 24,774,361,000 1 $ 555,000
CORTRUST BANK NATIONAL ASSOCIATION
100 EAST HAVENS
MITCHELL, SD 57301
* $ 1,233,944,000 1 $ 175,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 1 $ 385,000
IXONIA BANK
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ 389,451,000 1 $ 265,000
MORTGAGE SOLUTIONS OF COLORADO, LLC
MORTGAGE SOLUTIONS OF COLORADO
5455 N UNION BLVD, CO 80918
* $ -1,000 1 $ 165,000
RESULTS MORTGAGE, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 1 $ 145,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 1 $ 295,000
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 1 $ 365,000
TRADITION MORTGAGE, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ -1,000 1 $ 115,000
THRIVENT FEDERAL CREDIT UNION
625 FOURTH AVE S
MINNEAPOLIS, MN 55415
* $ 629,553,000 1 $ 25,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 1 $ 25,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 32,343,129,000 1 $ 155,000
GSF MORTGAGE CORPORATION
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ -1,000 1 $ 425,000
ALLIANCE BANK
105 EAST LYON AVE
LAKE CITY, MN 55041
* $ 639,882,000 1 $ 115,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 1 $ 135,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
NEW YORK, NY 10013
* $ -1,000 1 $ 175,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 95,000
FORESIGHT BANK
138 WEST BROADWAY
PLAINVIEW, MN 55964
* $ 262,518,000 1 $ 205,000
BAXTER CREDIT UNION
340 N MILWAUKEE AVE
VERNON HILLS, IL 60061
* $ 3,921,403,000 1 $ 245,000
FIRST BANK & TRUST
520 6TH STREET
BROOKINGS, SD 57006
* $ 2,069,570,000 1 $ 175,000
SOFI LENDING CORP.
375 HEALDSBURG AVENUE, SUITE 280
HEALDSBURG, CA 95448
* $ -1,000 1 $ 285,000
ACCELERATE MORTGAGE, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 1 $ 105,000
LENOX FINANCIAL MORTGAGE CORPORATION
200 E. SANDPOINTE SUITE 800
SANTA ANA, CA 92707
* $ -1,000 1 $ 395,000
GOODLEAP, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 1 $ 175,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 1 $ 45,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 1 $ 175,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 155,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 1 $ 85,000
LAND HOME FINANCIAL SERVICES, INC.
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 1 $ 125,000
DATA MORTGAGE, INC.
2200 W. ORANGEWOOD AVE SUITE 150
ORANGE, CA 92868
* $ -1,000 1 $ 85,000
DIAMOND RESIDENTIAL MORTGAGE CORPORATION
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ -1,000 1 $ 255,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 155,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,237,913,000 1 $ 135,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 125,000

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 Sibley County MN in 2021

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 350 $56,970,000 $162,000 $545,000 $85,000 $791,000
Home Purchase 349 $65,465,000 $187,000 $685,000 $72,000 $707,000
Cash-out Refinancing 220 $40,530,000 $184,000 $555,000 $94,000 $316,000
Home Improvement 25 $2,185,000 $87,000 $245,000 $108,000 $270,000
Other Purpose 18 $1,940,000 $107,000 $315,000 $75,000 $205,000
Not Applicable 7 $795,000 $113,000 $175,000 $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 748 $130,970,000 $175,000 $685,000 $85,000 $791,000
Not Provided 103 $17,245,000 $167,000 $555,000 $87,000 $243,000
Not applicable 75 $14,015,000 $186,000 $505,000 $56,000 $56,000
Hispanic 26 $3,340,000 $128,000 $385,000 $52,000 $115,000
Asian 8 $1,290,000 $161,000 $295,000 $62,000 $87,000
Black or African American 6 $620,000 $103,000 $155,000 $39,000 $45,000
American Indian or Alaskan Native 3 $405,000 $135,000 $185,000 $44,000 $67,000
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) 728 $125,250,000 $172,000 $685,000 $89,000 $791,000
FHA-insured (Federal Housing Administration) 139 $23,765,000 $170,000 $515,000 $56,000 $300,000
VA-guaranteed (Veterans Administration) 56 $11,070,000 $197,000 $425,000 $68,000 $154,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 46 $7,800,000 $169,000 $275,000 $54,000 $90,000

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 627 $111,055,000 $177,000 $685,000 $83,000 $328,000
Application Denied By Financial Institution 107 $15,685,000 $146,000 $435,000 $81,000 $791,000
Application Withdrawn By Applicant 93 $14,075,000 $151,000 $625,000 $87,000 $707,000
Loan Purchased By The Institution 78 $14,680,000 $188,000 $505,000 $92,000 $119,000
File Closed For Incompleteness 40 $7,800,000 $195,000 $505,000 $94,000 $372,000
Application Approved But Not Accepted 22 $4,210,000 $191,000 $525,000 $65,000 $184,000
Preapproval Approved but not Accepted 1 $135,000 $135,000 $135,000 $17,000 $17,000
Preapproval Denied by Financial Institution 1 $245,000 $245,000 $245,000 $110,000 $110,000

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 826 $147,130,000 $178,000 $685,000 $84,000 $707,000
Debt-To-Income Ratio 63 $9,695,000 $153,000 $435,000 $61,000 $198,000
Credit History 25 $2,885,000 $115,000 $305,000 $104,000 $243,000
Collateral 19 $2,765,000 $145,000 $345,000 $89,000 $209,000
Credit Application Incomplete 17 $2,925,000 $172,000 $335,000 $123,000 $791,000
Other 10 $1,530,000 $153,000 $255,000 $52,000 $86,000
Unverifiable Information 6 $660,000 $110,000 $195,000 $94,000 $205,000
Employment History 3 $295,000 $98,000 $145,000 $35,000 $72,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 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