Winona County MN
Mortgage Loan Application
Totals and Details
for 2018

Find mortgage statistics and lending data for the Winona 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 Winona 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 1,751
Total Mortgage Loan Application Amount $218,955,000
Average Mortgage Loan Application Amount $125,000
Highest Mortgage Loan Application Amount $2,685,000
Average Applicant Income $83,000
Highest Applicant Income $1,750,000

Mortgage Company List for Lending in Winona County MN for 2018

* 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
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,656,476,000 566 $ 66,530,000
ALTRA
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,386,493,000 279 $ 32,995,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,747,398,000,000 154 $ 17,580,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,063,591,000 122 $ 15,330,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 11,915,259,000 95 $ 11,285,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 53 $ 6,225,000
HOME FEDERAL SAVINGS BANK
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 722,455,000 48 $ 4,440,000
MARINE
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 755,545,000 29 $ 2,815,000
THINK MUTUAL BANK
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,625,986,000 27 $ 3,835,000
PEOPLES STATE BANK OF PLAINVIEW
100 4TH AVE SE
PLAINVIEW, MN 55964
* $ 261,234,000 21 $ 2,455,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 15 $ 2,045,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 13 $ 3,535,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 12 $ 1,850,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ -1,000 11 $ 1,315,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 9 $ 1,825,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 8 $ 1,250,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,002,887,000 8 $ 1,150,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 7 $ 1,205,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 7 $ 1,175,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 7 $ 1,395,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 7 $ 1,065,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 30,422,051,000 6 $ 1,000,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 98,729,134,000 6 $ 290,000
ESB BANK
115 N HWY 44/76
CALEDONIA, MN 55921
* $ 100,271,000 6 $ 860,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 109,372,608,000 5 $ 345,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 5 $ 885,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 5 $ 1,005,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 650,256,000 5 $ 965,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 4,763,242,000 5 $ 715,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 5 $ 725,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 5 $ 565,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 5 $ 895,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 5 $ 935,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 5 $ 805,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 4 $ 130,000
GOODLEAP, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 4 $ 630,000
MAYO EMPLOYEES FEDERAL CREDIT UNION
130 23RD AVE SW
ROCHESTER, MN 55902
* $ 884,447,000 4 $ 500,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 4 $ 450,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 4 $ 660,000
FORESIGHT BANK
138 WEST BROADWAY
PLAINVIEW, MN 55964
* $ 233,869,000 4 $ 940,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 4 $ 280,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 4 $ 560,000
FIRST ALLIANCE CREDIT UNION
320 ALLIANCE PL NE
ROCHESTER, MN 55906
* $ 174,394,000 4 $ 330,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 3 $ 395,000
CO-OP CREDIT UNION
100 E MAIN ST
BLACK RIVER FALLS, WI 54615
* $ 320,913,000 3 $ 495,000
BRIDGEVIEW BANK GROUP
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,175,351,000 3 $ 345,000
CONSUMER LOAN SERVICES, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ -1,000 3 $ 235,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ -1,000 3 $ 465,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,376,902,000 3 $ 535,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 3 $ 435,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 2 $ 380,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 2 $ 410,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 2 $ 210,000
COULEE BANK
1516 LOSEY BLVD. S.
LA CROSSE, WI 54601
* $ 356,305,000 2 $ 200,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ -1,000 2 $ 350,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 2 $ 310,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 2 $ 390,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 2 $ 90,000
FIRST STATE BANK OF WABASHA
111 WEST MAIN STREET
WABASHA, MN 55981
* $ 126,389,000 2 $ 220,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 2 $ 260,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,308,536,000 2 $ 250,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 2 $ 340,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 70,000
ROUNDBANK
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 304,365,000 2 $ 330,000
TRUSTONE HOME MORTGAGE, LLC
14601 27TH AVE N SUITE 103
PLYMOUTH, MN 55447
* $ -1,000 2 $ 260,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,134,927,000 2 $ 260,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 2 $ 520,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 201,637,519,000 2 $ 280,000
BLUFF VIEW BANK
16893 SOUTH MAIN STREET
GALESVILLE, WI 54630
* $ 97,683,000 2 $ 260,000
WATERSTONE MORTGAGE CORPORATION
N25 W23255 PAUL ROAD
PEWAUKEE, WI 53072
* $ -1,000 2 $ 280,000
VERVE, A CREDIT UNION
2900 UNIVERSAL ST
OSHKOSH, WI 54904
* $ 914,722,000 2 $ 130,000
ROYAL CREDIT UNION
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54703
* $ 2,211,061,000 2 $ 70,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 2 $ 400,000
HOMESERVICES LENDING, LLC
2700 WESTOWN PARKWAY SUITE 345
WEST DES MOINES, IA 50266
* $ -1,000 1 $ 135,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 1 $ 225,000
HERITAGE BANK NATIONAL ASSOCIATION
100 SOUTH STREET W
SPICER, MN 56288
* $ 412,119,000 1 $ 145,000
PARK BANK
1200 MAIN STREET PO BOX 100
HOLMEN, WI 54636
* $ 60,474,000 1 $ 295,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 285,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 125,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 1 $ 45,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 1 $ 45,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 1 $ 125,000
THE FIRST NATIONAL BANK OF RIVER FALLS
104 EAST LOCUST STREET
RIVER FALLS, WI 54022
* $ 283,854,000 1 $ 155,000
F & M COMMUNITY BANK, NATIONAL ASSOCIATION
PO BOX 467
PRESTON, MN 55965
* $ 125,361,000 1 $ 45,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 1 $ 285,000
CHERRY CREEK MORTGAGE, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
GREENWOOD VILLAGE, CO 80111
* $ -1,000 1 $ 195,000
SOVEREIGN LENDING GROUP INCORPORATED
3540 HOWARD WAY STE # 200
COSTA MESA, CA 92626
* $ -1,000 1 $ 235,000
SOUTHPOINT FINANCIAL
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ 334,251,000 1 $ 205,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 1 $ 175,000
FIREFIGHTERS CREDIT UNION
525 5TH AVE S
LA CROSSE, WI 54601
* $ 81,355,000 1 $ 415,000
PREMIER BANK ROCHESTER
421 1ST AVE SW
ROCHESTER, MN 55902
* $ 204,901,000 1 $ 155,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 1 $ 165,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 75,000
KIND LENDING, LLC
9931 CORPORATE CAMPUS DR, STE 1200
LOUISVILLE, KY 40223
* $ -1,000 1 $ 245,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 45,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 363,702,000 1 $ 125,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 1 $ 205,000
MILEND, INC.
375 NORTHRIDGE RD, SUITE 600
ATLANTA, GA 30350
* $ -1,000 1 $ 375,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,104,663,000 1 $ 385,000
STATE BANK FINANCIAL
401 MAIN ST
LA CROSSE, WI 54601
* $ 355,756,000 1 $ 65,000
RESULTS MORTGAGE, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 1 $ 155,000
UBS BANK USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 53,495,452,000 1 $ 155,000
HOWARD BANK
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,150,216,000 1 $ 75,000
CITIZENS STATE BANK OF LA CROSSE
620 MAIN STREET
LA CROSSE, WI 54601
* $ 245,801,000 1 $ 365,000
FIRST FEDERAL BANK OF KANSAS CITY
6900 EXECUTIVE DR
KANSAS CITY, MO 64120
* $ 725,571,000 1 $ 365,000
THE FIRST NATIONAL BANK OF BANGOR
1798 COMMERCIAL ST
BANGOR, WI 54614
* $ 235,970,000 1 $ 95,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 115,000
CHOU TEAM REALTY, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ -1,000 1 $ 275,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 1 $ 195,000
AXOS BANK
4350 LA JOLLA VILLAGE DR SUITE 140
LA JOLLA, CA 92122
* $ 8,908,994,000 1 $ 155,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 55,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 34,298,273,000 1 $ 125,000
RIVER BANK
145 N MAIN ST, P.O. BOX 280
STODDARD, WI 54658
* $ 482,114,000 1 $ 405,000
FAY FINANCIAL
400 S. LA SALLE STREET, STE 2000
CHICAGO, IL 60605
* $ -1,000 1 $ 145,000
ONB BANK
975 34TH AVE NW
ROCHESTER, MN 55901
* $ 82,636,000 1 $ 135,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,542,484,000 1 $ 235,000
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 25,054,739,000 1 $ 375,000
STATE BANK
25 N. CHESTNUT AVE
NEW HAMPTON, IA 50659
* $ 376,725,000 1 $ 145,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 1 $ 125,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 165,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 192,687,000 1 $ 225,000
360 MORTGAGE GROUP, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ -1,000 1 $ 65,000
VIBRANT CREDIT UNION
1900 52ND AVE
MOLINE, IL 61265
* $ 653,286,000 1 $ 135,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,730,669,000 1 $ 155,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 1 $ 65,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 1 $ 205,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 1 $ 185,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 95,000
GEORGIA BANKING COMPANY
6190 POWERS FERRY ROAD, SUITE 150
ATLANTA, GA 30339
* $ 499,066,000 1 $ 165,000
1ST COMMUNITY CREDIT UNION
1000 W. WISCONSIN STREET
SPARTA, WI 54656
* $ 153,134,000 1 $ 235,000
GOVERNMENTAL EMPLOYEES
225 LA CROSSE ST
LA CROSSE, WI 54601
* $ 69,038,000 1 $ 75,000

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 Winona County MN in 2018

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 839 $124,145,000 $147,000 $2,685,000 $78,000 $1,750,000
Refinancing 375 $42,165,000 $112,000 $895,000 $82,000 $515,000
Cash-out Refinancing 222 $35,920,000 $161,000 $1,755,000 $85,000 $493,000
Other Purpose 205 $10,285,000 $50,000 $225,000 $97,000 $685,000
Home Improvement 97 $4,785,000 $49,000 $255,000 $101,000 $772,000
Not Applicable 13 $1,655,000 $127,000 $275,000 $113,000 $139,000

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 1,456 $176,440,000 $121,000 $1,755,000 $83,000 $1,750,000
Not applicable 137 $23,845,000 $174,000 $2,685,000 $60,000 $90,000
Not Provided 95 $11,205,000 $117,000 $375,000 $103,000 $341,000
Hispanic 34 $3,840,000 $112,000 $285,000 $64,000 $175,000
Black or African American 13 $1,795,000 $138,000 $305,000 $78,000 $330,000
Asian 7 $885,000 $126,000 $185,000 $60,000 $85,000
American Indian or Alaskan Native 6 $630,000 $105,000 $195,000 $65,000 $105,000
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) 1,529 $183,785,000 $120,000 $2,685,000 $86,000 $1,750,000
FHA-insured (Federal Housing Administration) 128 $17,420,000 $136,000 $295,000 $54,000 $162,000
VA-guaranteed (Veterans Administration) 68 $14,060,000 $206,000 $615,000 $71,000 $290,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 26 $3,690,000 $141,000 $235,000 $52,000 $85,000

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 1,219 $146,005,000 $119,000 $2,685,000 $88,000 $1,750,000
Application Withdrawn By Applicant 217 $32,885,000 $151,000 $1,755,000 $77,000 $493,000
Application Denied By Financial Institution 168 $18,640,000 $110,000 $615,000 $58,000 $290,000
Loan Purchased By The Institution 100 $15,060,000 $150,000 $375,000 $73,000 $204,000
File Closed For Incompleteness 24 $3,410,000 $142,000 $275,000 $79,000 $159,000
Application Approved But Not Accepted 23 $2,955,000 $128,000 $285,000 $111,000 $515,000
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 1,540 $194,390,000 $126,000 $2,685,000 $85,000 $1,108,000
Debt-To-Income Ratio 86 $11,080,000 $128,000 $435,000 $83,000 $1,750,000
Credit History 56 $6,010,000 $107,000 $615,000 $69,000 $290,000
Collateral 24 $2,720,000 $113,000 $325,000 $58,000 $111,000
Unverifiable Information 15 $1,465,000 $97,000 $185,000 $41,000 $112,000
Other 13 $1,225,000 $94,000 $175,000 $58,000 $125,000
Credit Application Incomplete 9 $1,045,000 $116,000 $205,000 $49,000 $108,000
Insufficient Cash (Downpayment, Closing Cost) 5 $775,000 $155,000 $235,000 $84,000 $206,000
Employment History 3 $245,000 $81,000 $105,000 $34,000 $35,000
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