Wabasha County, MN Mortgage Lenders & HMDA Data, 2021

In 2021, lenders reported 1,448 mortgage applications in Wabasha County, MN totaling $270.2 million, down 5% from 2020. The average application was for $186,000, and applicants reported an average income of $91,000. 70% of applications resulted in an originated loan and 8% were denied. The most active lender was Peoples State Bank of Plainview, with 101 applications, followed by Foresight Bank and Think Mutual Bank.

Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Minnesota.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

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 1,448
Total Mortgage Loan Application Amount $270,210,000
Average Mortgage Loan Application Amount $186,000
Highest Mortgage Loan Application Amount $2,705,000
Average Applicant Income $91,000
Highest Applicant Income $863,000

Mortgage Company List for Lending in Wabasha 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
Peoples State Bank of Plainview
100 4TH AVE SE
PLAINVIEW, MN 55964
* $ 285,061,000 101 $ 15,915,000
Foresight Bank
138 WEST BROADWAY
PLAINVIEW, MN 55964
* $ 262,518,000 89 $ 14,185,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,669,828,000 80 $ 14,930,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,864,126,000 70 $ 11,300,000
Wnb Financial
204 MAIN ST
WINONA, MN 55987
* $ 415,474,000 67 $ 11,915,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 57 $ 10,435,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 55 $ 10,015,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 47 $ 9,065,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 44 $ 10,580,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 42 $ 10,420,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,399,512,000 39 $ 4,755,000
Altra Federal Credit Union
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,668,081,000 32 $ 6,250,000
Home Federal Savings Bank
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 777,069,000 31 $ 4,745,000
Alliance Bank
105 EAST LYON AVE
LAKE CITY, MN 55041
* $ 639,882,000 30 $ 4,920,000
Mayo Employees Federal Credit Union
130 23RD AVE SW
ROCHESTER, MN 55902
* $ 1,026,124,000 29 $ 2,965,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 6,492,180,000 28 $ 6,740,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 24 $ 4,120,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 23 $ 3,935,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 23 $ 4,915,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 19 $ 4,055,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 18 $ 3,660,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 17 $ 3,385,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 13,105,582,000 16 $ 3,020,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 16 $ 2,930,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 15 $ 2,785,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 13 $ 2,565,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 13 $ 2,515,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 12 $ 2,420,000
First Alliance Credit Union
320 ALLIANCE PL NE
ROCHESTER, MN 55904
* $ 207,941,000 12 $ 1,220,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 11 $ 2,495,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 32,343,129,000 10 $ 1,990,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 10 $ 2,260,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 10 $ 2,190,000
Results Mortgage, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 9 $ 1,195,000
Intercontinental Capital Group, Inc
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ -1,000 7 $ 1,975,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,553,647,000 7 $ 1,075,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 2,177,570,000 7 $ 1,265,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 6 $ 920,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 6 $ 980,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 6 $ 2,060,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 857,609,000 6 $ 1,080,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 6 $ 1,200,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 6 $ 1,230,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 6 $ 1,280,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 5 $ 2,435,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 5 $ 835,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 5 $ 1,405,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 4 $ 800,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 707,275,000 4 $ 1,050,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 910,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 4 $ 850,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 4 $ 850,000
Minnwest Bank
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 2,068,880,000 4 $ 490,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 4 $ 700,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ -1,000 4 $ 980,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 4 $ 1,090,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 4 $ 990,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 4 $ 670,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 4 $ 920,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ 2,837,926,000 3 $ 165,000
Citizens Community Federal N.A.
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 1,531,129,000 3 $ 635,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 3 $ 535,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 3 $ 195,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 3 $ 705,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 3 $ 335,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 575,000
Accelerate Mortgage, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 3 $ 595,000
First Bank & Trust
520 6TH STREET
BROOKINGS, SD 57006
* $ 2,069,570,000 3 $ 315,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 3 $ 505,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 3 $ 685,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 3 $ 565,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 3 $ 605,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 3 $ 715,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 3 $ 385,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 137,588,093,000 3 $ 665,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,131,130,000 3 $ 655,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 3 $ 535,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ -1,000 2 $ 290,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 2 $ 400,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,633,125,000 2 $ 240,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 320,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 2 $ 430,000
Manufacturers Bank & Trust Co
245 EAST J ST, PO BOX 450
FOREST CITY, IA 50436
* $ 370,704,000 2 $ 610,000
Coulee Bank
1516 LOSEY BLVD. S.
LA CROSSE, WI 54601
* $ 386,378,000 2 $ 290,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 629,553,000 2 $ 490,000
Security Financial Bank
212 W PROSPECT STREET
DURAND, WI 54736
* $ 501,272,000 2 $ 240,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 2 $ 730,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 2 $ 380,000
Bankers' Bank
7700 MINERAL POINT ROAD
MADISON, WI 53717
* $ 720,844,000 2 $ 960,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 2 $ 410,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 2 $ 490,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 510,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 2 $ 450,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ 2,380,296,000 2 $ 430,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 2 $ 190,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 2 $ 490,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 1,363,833,000 1 $ 15,000
Skyone Federal Credit Union
14600 AVIATION BOULEVARD
HAWTHORNE, CA 90250
* $ 508,119,000 1 $ 35,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ -1,000 1 $ 275,000
The First National Bank of River Falls
104 EAST LOCUST STREET
RIVER FALLS, WI 54022
* $ 276,881,000 1 $ 135,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 155,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 85,000
Community Resource Bank
1605 HERITAGE DRIVE
NORTHFIELD, MN 55057
* $ 311,596,000 1 $ 145,000
Farmers & Merchants Savings Bank
PO BOX 588 101 E MAIN ST
MANCHESTER, IA 52057
* $ 581,431,000 1 $ 545,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 75,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 41,950,721,000 1 $ 85,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 155,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 155,000
Minnesota Valley Federal Credit Union
1640 ADAMS ST
MANKATO, MN 56001
* $ 182,880,000 1 $ 135,000
Westconsin Credit Union
444 BROADWAY
MENOMONIE, WI 54751
* $ 1,336,372,000 1 $ 225,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 1 $ 115,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 125,000
United Fidelity Funding Corp.
1300 NW BRIARCLIFF PKWY SUITE 275
JEFFERSON CITY, MO 64150
* $ -1,000 1 $ 205,000
Tjc Mortgage Inc
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ -1,000 1 $ 295,000
Lake Area Bank
12790 FIRST AVE N - PO BOX 743
LINDSTROM, MN 55045
* $ 359,274,000 1 $ 435,000
Clearpointe Capital, LLC
N86W14041 BEACON STREET
MENOMONEE FALLS, WI 53051
* $ -1,000 1 $ 25,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ -1,000 1 $ 265,000
West Bank
1601 22ND STREET
WEST DES MOINES, IA 50266
* $ 2,473,209,000 1 $ 2,705,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 1 $ 215,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 105,000
Heritage Bank NA
100 SOUTH STREET W
SPICER, MN 56288
* $ 403,053,000 1 $ 165,000
Hometown Lenders, Inc.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 1 $ 235,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 1 $ 275,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 1 $ 185,000
Weststar Mortgage Corporation
6363 NORTH STATE HIGHWAY 161
ALBUQUERQUE, NM 87113
* $ -1,000 1 $ 305,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ -1,000 1 $ 245,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 1 $ 85,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 1 $ 535,000
First National Bank of Le Center
10 W. MINNESOTA ST
LE CENTER, MN 56057
* $ 128,881,000 1 $ 315,000
Co-Op Credit Union
100 E MAIN ST
BLACK RIVER FALLS, WI 54615
* $ 369,966,000 1 $ 75,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 104,052,030,000 1 $ 405,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 205,000
Hancock Mortgage Partners, LLC
ONE SUGAR CREEK CENTER BLVD SUITE 1000
SUGAR LAND, TX 77478
* $ -1,000 1 $ 125,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 1 $ 255,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 187,526,000 1 $ 305,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 115,000
St Paul Federal Credit Union
1330 CONWAY ST, STE 200
SAINT PAUL, MN 55106
* $ 185,580,000 1 $ 95,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ 14,144,676,000 1 $ 145,000
New Market Bank
101 OLD TOWN RD
ELKO NEW MARKET, MN 55054
* $ 112,702,000 1 $ 125,000
Sharepoint Credit Union
5300 HYLAND GREENS DR
BLOOMINGTON, MN 55437
* $ 240,631,000 1 $ 135,000
Jlb Corporation dba Golden Oak Lending
111 WESTPORT PLAZA, #1150
ST. LOUIS, MO 63146
* $ -1,000 1 $ 295,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 205,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 1 $ 235,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,237,913,000 1 $ 75,000
Nations Reliable Lending, LLC

HOUSTON, TX 77057
* $ -1,000 1 $ 125,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 1 $ 225,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 225,000

The tables below break down 2021 mortgage applications in Wabasha 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 Wabasha 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 542 $101,340,000 $186,000 $2,705,000 $93,000 $542,000
Home Purchase 453 $94,085,000 $207,000 $965,000 $91,000 $863,000
Cash-out Refinancing 349 $65,475,000 $187,000 $535,000 $86,000 $527,000
Home Improvement 61 $4,255,000 $69,000 $405,000 $106,000 $324,000
Other Purpose 34 $4,030,000 $118,000 $515,000 $107,000 $539,000
Not Applicable 9 $1,025,000 $113,000 $165,000 $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 1,221 $225,475,000 $184,000 $1,065,000 $91,000 $863,000
Not Provided 104 $20,120,000 $193,000 $535,000 $104,000 $406,000
Not applicable 82 $18,020,000 $219,000 $2,705,000 $115,000 $117,000
Hispanic 29 $4,105,000 $141,000 $275,000 $75,000 $212,000
Black or African American 7 $1,095,000 $156,000 $325,000 $97,000 $322,000
American Indian or Alaskan Native 3 $985,000 $328,000 $485,000 $123,000 $152,000
Native Hawaiian or Other Pacific Islander 2 $410,000 $205,000 $295,000 $87,000 $99,000
Asian 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) 1,134 $208,730,000 $184,000 $2,705,000 $97,000 $863,000
FHA-insured (Federal Housing Administration) 147 $26,805,000 $182,000 $355,000 $58,000 $169,000
VA-guaranteed (Veterans Administration) 132 $28,470,000 $215,000 $545,000 $72,000 $160,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 35 $6,205,000 $177,000 $265,000 $53,000 $83,000

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 1,007 $184,425,000 $183,000 $1,065,000 $93,000 $549,000
Application Withdrawn By Applicant 144 $28,400,000 $197,000 $965,000 $100,000 $406,000
Application Denied By Financial Institution 118 $22,420,000 $190,000 $555,000 $75,000 $527,000
Loan Purchased By The Institution 72 $13,550,000 $188,000 $365,000 $99,000 $129,000
File Closed For Incompleteness 61 $11,225,000 $184,000 $425,000 $70,000 $170,000
Application Approved But Not Accepted 44 $9,910,000 $225,000 $2,705,000 $96,000 $863,000
Preapproval Approved but not Accepted 2 $280,000 $140,000 $175,000 $106,000 $153,000
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 1,144 $215,900,000 $188,000 $1,065,000 $93,000 $549,000
Debt-To-Income Ratio 221 $38,755,000 $175,000 $2,705,000 $87,000 $863,000
Credit History 24 $4,500,000 $187,000 $555,000 $87,000 $324,000
Collateral 21 $4,455,000 $212,000 $535,000 $100,000 $527,000
Credit Application Incomplete 17 $3,015,000 $177,000 $315,000 $73,000 $158,000
Other 12 $1,890,000 $157,000 $285,000 $64,000 $130,000
Unverifiable Information 6 $1,080,000 $180,000 $275,000 $85,000 $197,000
Employment History 2 $320,000 $160,000 $195,000 $56,000 $63,000
Insufficient Cash (Downpayment, Closing Cost) 1 $295,000 $295,000 $295,000 $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.

Download the Minnesota Lender List