Steele County MN
Mortgage Loan Application
Totals and Details
for 2013

Find mortgage statistics and lending data for the Steele 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 Steele 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 1,874
Total Mortgage Loan Application Amount $253,832,000
Average Mortgage Loan Application Amount $135,000
Highest Mortgage Loan Application Amount $1,490,000
Average Applicant Income $68,000
Highest Applicant Income $936,000

Mortgage Company List for Lending in Steele County MN for 2013

* 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
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,266,125,000,000 525 $ 66,156,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 155 $ 17,930,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ 4,028,990,000 108 $ 15,743,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,896,773,000,000 104 $ 13,261,000
UNITED PRAIRIE BANK
10 FIRESTONE DRIVE, SUITE 300
MANKATO, MN 56001
* $ 586,284,000 61 $ 8,064,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 35,475,880,000 57 $ 7,459,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,474,077,383,000 51 $ 8,745,000
BREMER BANK NA (WILLMAR)
302 FIFTH ST SW
WILLMAR, MN 56201
* $ 649,160,000 48 $ 7,657,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,313,401,000,000 47 $ 5,921,000
WELLS FEDERAL BANK
53 1ST ST SW
WELLS, MN 56097
* $ 244,210,000 44 $ 5,385,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,281,268,000 38 $ 6,110,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 37 $ 4,582,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 2,608,821,000 36 $ 5,742,000
COLONIAL SAVINGS, F.A.
P O BOX 2988
FORT WORTH, TX 76113
* $ 1,105,077,000 27 $ 3,698,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 25 $ 3,879,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 24 $ 3,492,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 23,260,580,000 21 $ 2,632,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 21 $ 2,841,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 21 $ 3,142,000
FIRST STATE BANK OF RED WING, THE
3209 SOUTH SERVICE DRIVE
RED WING, MN 55066
* $ 73,830,000 15 $ 873,000
DISCOVER HOME LOANS, INC.
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 73,491,315,000 14 $ 2,193,000
RESCUE MORTGAGE INC
10740 LYNDALE AVE S, SUITE 19E
BLOOMINGTON, MN 55420
* $ 1,507,000 13 $ 1,572,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 12 $ 1,477,000
ROUNDBANK
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 298,103,000 12 $ 1,459,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 11 $ 1,669,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 11 $ 1,587,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,603,153,000 10 $ 1,412,000
ALLY BANK
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 94,795,926,000 10 $ 2,011,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,247,622,000 10 $ 1,446,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 1,460,729,000 9 $ 1,714,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 6,680,971,000 8 $ 1,061,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 8 $ 976,000
AMERICAN SOUTHWEST MORTGAGE CORP.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 7 $ 628,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 119,444,656,000 7 $ 1,134,000
HOME FEDERAL SAVINGS BANK
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 653,019,000 7 $ 508,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 7 $ 962,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 6 $ 851,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,553,174,000 6 $ 942,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 58,597,476,000 6 $ 967,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 6 $ 847,000
THINK MUTUAL BANK
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,453,067,000 5 $ 693,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 14,069,057,000 5 $ 686,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ 10,000,000 5 $ 858,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 5 $ 802,000
PREMIER BANK MINNESOTA
417 4TH ST NW
FARIBAULT, MN 55021
* $ 174,837,000 5 $ 1,709,000
ROUNDPOINT MORTGAGE COMPANY
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 4 $ 647,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 4 $ 577,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 4 $ 653,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 295,026,390,000 4 $ 394,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 18,212,833,000 3 $ 363,000
COMMUNITY RESOURCE BANK
1605 HERITAGE DRIVE
NORTHFIELD, MN 55057
* $ 229,521,000 3 $ 740,000
PIONEER BANK
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ 289,550,000 3 $ 387,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 169,076,807,000 3 $ 795,000
HOMESERVICES LENDING, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 3 $ 491,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 82,086,021,000 3 $ 481,000
LIBERTY SAVINGS BANK, F.S.B.
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 552,370,000 3 $ 459,000
MORTGAGES UNLIMITED INC.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ 1,518,000 3 $ 556,000
LSI MORTGAGE PLUS
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 3 $ 528,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 3 $ 445,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 3 $ 429,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 2 $ 254,000
CONSUMER LOAN SERVICES, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 2 $ 248,000
SIRVA MORTGAGE, INC.
6200 OAK TREE BLVD STE 300
INDEPENDENCE, OH 44131
* $ 101,315,000 2 $ 280,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 2 $ 388,000
CASHCALL, INC.
1 CITY BLVD WEST SUITE 1000
ORANGE, CA 92868
* $ 10,000,000 2 $ 208,000
TRUHOME SOLUTIONS, L.L.C.
9601 LEGLER RD
LENEXA, KS 66219
* $ 1,900,000,000 2 $ 352,000
ALTRA
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 900,762,000 2 $ 320,000
EASTWOOD BANK
5125 HWY 52 N
ROCHESTER, MN 55901
* $ 574,497,000 2 $ 332,000
VERMILLION STATE BANK
107 E MAIN ST
VERMILLION, MN 55085
* $ 495,339,000 2 $ 88,000
DUBUQUE BANK AND TRUST COMPANY
1398 CENTRAL AVENUE
DUBUQUE, IA 52001
* $ 1,482,504,000 2 $ 197,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 2 $ 311,000
UNITED SECURITY FINANCIAL CORP
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 2 $ 533,000
TRADITION MORTGAGE, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ 10,000,000 2 $ 311,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 2 $ 512,000
IOWA BANKERS MORTGAGE CORPORATION
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ 10,000,000 2 $ 420,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 2 $ 276,000
FIREFLY
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 896,134,000 2 $ 176,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 882,991,000 2 $ 13,000
AMERICAN BANK
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 429,180,000 2 $ 360,000
MIDWEST HERITAGE BANK FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 164,424,000 2 $ 214,000
HOME LOAN INVESTMENT BANK, F.S.B.
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 196,979,000 2 $ 45,000
ARK-LA-TEX FINANCIAL SERVICES, LLC.
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 2 $ 308,000
FIRST ALLIANCE CREDIT UNION
320 ALLIANCE PL NE
ROCHESTER, MN 55906
* $ 130,962,000 2 $ 223,000
FIRST CHOICE LOAN SERVICES INC.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ 669,000,000 2 $ 270,000
IMPAC MORTGAGE CORP.
19500 JAMBOREE RD
IRVINE, CA 92612
* $ 32,120,000 2 $ 287,000
W. J. BRADLEY MORTGAGE CAPITAL
6465 GREENWOOD PLAZA BLVD, SUITE 500
CENTENNIAL, CO 80111
* $ 10,000,000 2 $ 280,000
LENOX FINANCIAL MORTGAGE CORPORATION
200 E. SANDPOINTE SUITE 800
SANTA ANA, CA 92707
* $ 39,000,000 2 $ 546,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 95,264,963,000 1 $ 121,000
AMERICAN FINANCE HOUSE LARIBA
15141 E WHITTIER BLVD, SUITE 400
WHITTIER, CA 90603
* $ 10,000,000 1 $ 144,000
AMERICAN EQUITY MORTGAGE, INC.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 1 $ 169,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 197,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 65,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 52,436,123,000 1 $ 243,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 272,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 129,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 231,000
TIAA-CREF TRUST COMPANY FSB
211 NORTH BROADWAY, STE 1000
ST. LOUIS, MO 63102
* $ 2,308,229,000 1 $ 96,000
CITIZENS COMMUNITY FEDERAL
2174 EASTRIDGE CENTER
EAU CLAIRE, WI 54701
* $ 534,533,000 1 $ 100,000
COLORADO FEDERAL SAVINGS BANK8
400 EAST PRENTICE AVE, SUITE 840
GREENWOOD VILLAGE, CO 80111
* $ 1,835,386,000 1 $ 164,000
EDWARD JONES MORTGAGE, LLC
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,783,443,000 1 $ 103,000
FIRST NATIONAL BANK OF LAYTON
1601 N. HILLFIELD ROAD
LAYTON, UT 84041
* $ 268,686,000 1 $ 94,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 480,631,000 1 $ 56,000
FIRST MINNESOTA BANK
4625 COUNTY ROAD 101
MINNETONKA, MN 55345
* $ 398,820,000 1 $ 203,000
FARMERS STATE BANK
181 MAIN ST
WEST CONCORD, MN 55985
* $ 47,224,000 1 $ 145,000
INSPIRED FINANCIAL SERVICES, LLC
2708 BICENTENNIAL DR, STE A
CEDAR FALLS, IA 50613
* $ 153,979,000 1 $ 20,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 178,034,172,000 1 $ 152,000
COMMUNITY FIRST CREDIT UNION
1575 DRESANG WAY
NEENAH, WI 54956
* $ 1,774,992,000 1 $ 8,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 16,553,533,000 1 $ 197,000
TOPLINE FEDERAL CREDIT UNION
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ 330,680,000 1 $ 334,000
KASSON STATE BANK
203 WEST MAIN STREET
KASSON, MN 55944
* $ 66,154,000 1 $ 64,000
FARMERS BANK & TRUST
1017 HARRISON
GREAT BEND, KS 67530
* $ 669,944,000 1 $ 104,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 124,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 1 $ 108,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 152,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 1 $ 131,000
HOMEOWNERS MORTGAGE OF AMERICA
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 1 $ 113,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ 10,000,000 1 $ 148,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 949,559,000 1 $ 92,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 24,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 146,000
SERVICE FINANCE COMPANY, LLC
555 S FEDERAL HIGHWAY SUITE 200
BOCA RATON, FL 33432
* $ 10,000,000 1 $ 30,000
KELLER MORTGAGE, LLC
4725 LAKEHURST CT SUITE 400
DUBLIN, OH 43016
* $ 10,000,000 1 $ 159,000
AMERICAN NATIONAL BANK
8990 WEST DODGE RD
OMAHA, NE 68114
* $ 2,029,920,000 1 $ 84,000
PROFICIO BANK
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 209,365,000 1 $ 245,000
WISCONSIN BANK & TRUST
119 JUNCTION RD
MADISON, WI 53717
* $ 691,715,000 1 $ 133,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 26,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 1,315,127,000 1 $ 170,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 62,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 1 $ 120,000
RESIDENTIAL FINANCE CORPORATIO
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 1 $ 211,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 70,000
PHH HOME LOANS, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 39,000

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 Steele County MN in 2013

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 1,131 $157,928,000 $139,000 $1,490,000 $72,000 $936,000
Home Purchase 663 $92,353,000 $139,000 $1,020,000 $61,000 $630,000
Home Improvement 80 $3,551,000 $44,000 $386,000 $72,000 $277,000

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 1,540 $206,961,000 $134,000 $693,000 $71,000 $936,000
Not applicable 150 $23,388,000 $155,000 $1,490,000 $32,000 $240,000
Not Provided 120 $16,083,000 $134,000 $392,000 $73,000 $525,000
Hispanic 48 $5,182,000 $107,000 $247,000 $54,000 $560,000
Asian 7 $944,000 $134,000 $178,000 $82,000 $168,000
American Indian or Alaskan Native 5 $679,000 $135,000 $241,000 $65,000 $88,000
Black or African American 4 $595,000 $148,000 $205,000 $57,000 $190,000
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) 1,261 $172,537,000 $136,000 $1,490,000 $81,000 $936,000
FHA-insured (Federal Housing Administration) 291 $38,963,000 $133,000 $1,020,000 $41,000 $180,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 239 $29,181,000 $122,000 $245,000 $41,000 $78,000
VA-guaranteed (Veterans Administration) 83 $13,151,000 $158,000 $307,000 $42,000 $156,000

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 1,040 $139,607,000 $134,000 $693,000 $73,000 $630,000
Loan Purchased By The Institution 311 $44,266,000 $142,000 $1,020,000 $50,000 $240,000
Application Denied By Financial Institution 256 $30,701,000 $119,000 $562,000 $65,000 $936,000
Application Withdrawn By Applicant 154 $20,819,000 $135,000 $440,000 $73,000 $546,000
Application Approved But Not Accepted 74 $13,112,000 $177,000 $1,490,000 $78,000 $184,000
File Closed For Incompleteness 39 $5,327,000 $136,000 $254,000 $56,000 $156,000
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 63 $5,206,000 $82,000 $211,000 $64,000 $277,000
Collateral 45 $6,751,000 $150,000 $562,000 $110,000 $936,000
Debt-To-Income Ratio 35 $4,130,000 $118,000 $343,000 $44,000 $147,000
Credit Application Incomplete 28 $3,468,000 $123,000 $343,000 $59,000 $174,000
Other 28 $3,442,000 $122,000 $237,000 $63,000 $190,000
Unverifiable Information 10 $1,547,000 $154,000 $219,000 $56,000 $107,000
Employment History 5 $619,000 $123,000 $167,000 $45,000 $79,000
Insufficient Cash (Downpayment, Closing Cost) 3 $285,000 $95,000 $191,000 $71,000 $127,000
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