Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for St. Louis County, Minnesota
Every institution that decided a 1–4 unit mortgage application in St. Louis County, home to Duluth, between 2023 and 2025: 12,214 applications, 10,158 loans actually funded, across 8 kinds of borrowing.
St. Louis County at a glance
12,214Applications decided
2023–2025
10,158Loans funded
83% of decisions
74Census tracts
28 ZIP codes
200,056People
ACS 2023
What the data shows
The typical purchase mortgage here is $215K.
Investment home improvement is the hardest money to get here: lenders approved 70% of 151 applications.
Lending by loan type in St. Louis County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 92.0% | 6,269 | $215K | 97% | 271 |
| Home improvement loans | 78.9% | 1,369 | $55K | 95% | 83 |
| Cash-out refinance | 71.0% | 1,795 | $145K | 96% | 139 |
| Refinance | 81.1% | 1,111 | $145K | 96% | 143 |
| Investment property purchase | 91.8% | 1,126 | $175K | 97% | 186 |
| Investment cash-out refinance | 78.0% | 164 | $135K | 98% | 60 |
| Investment refinance | 91.3% | 229 | $155K | 95% | 57 |
| Investment home improvement | 70.2% | 151 | $105K | 97% | 41 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.