Swift County, MN Mortgage Lenders & HMDA Data, 2010

In 2010, lenders reported 282 mortgage applications in Swift County, MN totaling $28.0 million, down 5% from 2009. The average application was for $99,000, and applicants reported an average income of $56,000. 48% of applications resulted in an originated loan and 22% were denied. The most active lender was Wells Fargo Bank, NA, with 60 applications, followed by Bank of the West and US Bank, N.A..

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Total Number of Mortgage Applications 282
Total Mortgage Loan Application Amount $28,040,000
Average Mortgage Loan Application Amount $99,000
Highest Mortgage Loan Application Amount $300,000
Average Applicant Income $56,000
Highest Applicant Income $236,000

Mortgage Company List for Lending in Swift County, MN for 2010

* 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, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,778,000,000 60 $ 6,000,000
Bank of the West
1977 SATURN STREET MS SC-MPK-03-N
MONTEREY PARK, CA 91755
* $ 60,000,590,000 38 $ 3,948,000
US Bank, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 276,376,130,000 22 $ 2,204,000
Riverwood Bank
14091 BAXTER DR #117
BAXTER, MN 56425
* $ 183,164,000 21 $ 1,562,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,627,684,000,000 18 $ 1,565,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,465,221,449,000 11 $ 890,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 10 $ 837,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 7 $ 1,044,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 7 $ 689,000
Metlife Bank, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 14,106,965,000 6 $ 806,000
Citimortgage, Inc
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 6 $ 555,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 5 $ 719,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 5 $ 560,000
Wealthbridge Mortgage Corp.
15455 NW GREENBRIER PKWY, STE. 111
BEAVERTON, OR 97006
* $ 10,000,000 4 $ 438,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,342,381,000 4 $ 267,000
Ing Bank, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 90,293,933,000 3 $ 302,000
Citifinancial Services Inc
300 ST PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 3 $ 121,000
Minnwest Mortgage Corporation
5324 EAST ARROWHEAD PKY, SUITE 102
SIOUX FALLS, SD 57110
* $ 1,751,723,000 3 $ 348,000
Everett Financial Inc.
14801 QUORUM DR SUITE 300
DALLAS, TX 75254
* $ 3,642,000 3 $ 480,000
Summit Mortgage Corporation
13355 10TH AVE N, #100
PLYMOUTH, MN 55441
* $ 10,000,000 2 $ 284,000
M&I Bank FSB
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 1,834,445,000 2 $ 182,000
Admirals Bank Former Domestic
815 RESERVOIR AVE
CRANSTON, RI 02910
* $ 234,124,000 2 $ 50,000
US Bank North Dakota
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 5,122,657,000 2 $ 69,000
Tcf National Bank
2508 LOUISE AVE S (002-01-P)
SIOUX FALLS, SD 57106
* $ 17,921,579,000 1 $ 105,000
Carnegie Mortgage
2297 STATE HIGHWAY 33
HAMILTON SQUARE, NJ 08690
* $ 193,976,000 1 $ 116,000
Central Bank
2270 FRONTAGE RD WEST
STILLWATER, MN 55082
* $ 861,034,000 1 $ 151,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 112,736,105,000 1 $ 158,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 260,309,849,000 1 $ 98,000
Mill City Credit Union
9999 WAYZATA BOULEVARD
MINNETONKA, MN 55305
* $ 262,832,000 1 $ 77,000
Great River Federal CU
1532 W ST GERMAIN STREET
ST CLOUD, MN 56301
* $ 139,011,000 1 $ 106,000
Residential Finance Corp.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 1 $ 143,000
Kleinbank
301 CHESTNUT ST
CHASKA, MN 55318
* $ 1,509,842,000 1 $ 142,000
Liberty Savings Bank FSB
111 7TH AVENUE SOUTH, P.O. BOX 40
ST. CLOUD, MN 56302
* $ 147,334,000 1 $ 67,000
Branch Banking and Trust Co
223 W NASH STREET
WILSON, NC 27893
* $ 159,675,538,000 1 $ 139,000
North American State Bank
PO BOX 189
BELGRADE, MN 56312
* $ 116,639,000 1 $ 62,000
Bonanza Valley State Bank
PO BOX 400 147 CENTRAL AVE S
BROOTEN, MN 56316
* $ 47,208,000 1 $ 72,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 197,928,000 1 $ 221,000
Bankvista
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 102,360,000 1 $ 65,000
The Business Bank
11100 WAYZATA BLVD SUITE 150
MINNETONKA, MN 55305
* $ 151,022,000 1 $ 100,000
Ally Bank F/K/A/ Gmac Bank
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 55,302,902,000 1 $ 76,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 56,000
Midcountry Bank
2611 BLUE HERON DR.
MARION, IL 62959
* $ 852,055,000 1 $ 151,000
Securitynational Mortgage Company
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ 10,000,000 1 $ 161,000
River City Mortgage and Financ
5001 AMERICAN BLVD SUITE 1000
BLOOMINGTON, MN 55437
* $ 10,000,000 1 $ 87,000
Franklin American Mortgage Co
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 92,000
Bell America Mortgage LLC dba
1000 SHELARD PARKWAY SUITE 500
MINNEAPOLIS, MN 55434
* $ 10,000,000 1 $ 99,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 163,000
Marketplace Home Mortgage, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ 11,000,000 1 $ 115,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 1 $ 76,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 167,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 52,000
Freedom Mortgage Corp.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 245,000
Midwest Mortgage Capital, LLC
12400 OLIVE BLVD
SAINT LOUIS, MO 63141
* $ 2,000,000 1 $ 89,000
United Fidelity Funding Corp.
1300 NW BRIARCLIFF PKWY SUITE 275
JEFFERSON CITY, MO 64150
* $ 1,000,000,000 1 $ 57,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 86,000
Lendsource Inc
12701 WHITEWATER DR STE 340
MINNETONKA, MN 55343
* $ 10,000,000 1 $ 124,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 50,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 1 $ 123,000

The tables below break down 2010 mortgage applications in Swift 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 Swift County, MN in 2010

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 179 $19,672,000 $109,000 $300,000 $58,000 $150,000
Home Purchase 78 $6,803,000 $87,000 $220,000 $45,000 $236,000
Home Improvement 25 $1,565,000 $62,000 $299,000 $70,000 $111,000

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 245 $24,353,000 $99,000 $300,000 $59,000 $236,000
Not Provided 19 $1,884,000 $99,000 $245,000 $57,000 $150,000
Not applicable 15 $1,365,000 $91,000 $154,000 $6,000 $64,000
Hispanic 2 $386,000 $193,000 $299,000 $63,000 $87,000
American Indian or Alaskan Native 1 $52,000 $52,000 $52,000 $20,000 $20,000
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) 175 $17,830,000 $101,000 $300,000 $62,000 $152,000
FHA-insured (Federal Housing Administration) 82 $8,199,000 $99,000 $245,000 $50,000 $236,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 21 $1,531,000 $72,000 $129,000 $29,000 $70,000
VA-guaranteed (Veterans Administration) 4 $480,000 $120,000 $147,000 $16,000 $39,000

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 134 $13,238,000 $98,000 $290,000 $66,000 $236,000
Application Denied By Financial Institution 61 $5,616,000 $92,000 $300,000 $48,000 $145,000
Loan Purchased By The Institution 45 $4,489,000 $99,000 $221,000 $38,000 $152,000
Application Withdrawn By Applicant 31 $3,851,000 $124,000 $299,000 $58,000 $147,000
Application Approved But Not Accepted 8 $593,000 $74,000 $158,000 $45,000 $64,000
File Closed For Incompleteness 3 $253,000 $84,000 $119,000 $33,000 $60,000
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 15 $1,209,000 $80,000 $151,000 $48,000 $145,000
Collateral 12 $1,515,000 $126,000 $300,000 $68,000 $137,000
Debt-To-Income Ratio 11 $948,000 $86,000 $182,000 $38,000 $73,000
Credit Application Incomplete 4 $354,000 $88,000 $112,000 $43,000 $65,000
Other 3 $205,000 $68,000 $98,000 $52,000 $56,000
Unverifiable Information 1 $122,000 $122,000 $122,000 $54,000 $54,000
Employment History 0 $0 $0 $0 $0 $0
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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