Top Irving, MN FHA Mortgage Lenders

RankIrving FHA Mortgage LenderIrving FHA Home Loans ProcessedIrving FHA Home Loans ApprovedIrving FHA Home Loans DeniedIrving FHA Mortgage Median Loan to Income Ratio (LTR) for Approved LoansIrving Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 28 75%10%
  • 259%
  • (158,000 Loan / $61,000 Income)
  • 597%
  • (203,000 Loan / $34,000 Income)
2Bank Of America 9 44%44% 0
  • 378%
  • (87,000 / $23,000)
3Countrywide Bank Fsb 8 75%25%
  • 273%
  • (126,000 / $46,000)
  • 453%
  • (222,000 / $49,000)
4Jpmorgan Chase Bank 7 85%14% 0
  • 243%
  • (195,000 / $80,000)
5Wells Fargo Funding 6 100%0% 0 0
6Midcountry Bank 6 66%16%
  • 379%
  • (258,000 / $68,000)
  • 136%
  • (30,000 / $22,000)
7Phh Mortgage Corporation 4 50%25%
  • 185%
  • (128,000 / $69,000)
  • 308%
  • (219,000 / $71,000)
8Citimortgage 4 100%0% 0 0
9Mortgage Services Iii, L.L.C. 3 100%0%
  • 261%
  • (115,000 / $44,000)
0
10Homeowners Mortgage Of America 3 33%0%
  • 217%
  • (161,000 / $74,000)
0
11Summit Mortgage Corporation 2 100%0%
  • 559%
  • (235,000 / $42,000)
0
12Shore Mortgage 2 100%0%
  • 465%
  • (163,000 / $35,000)
0
13Gmac Mortgage Llc 2 0%50% 0
  • 389%
  • (191,000 / $49,000)
14Freedom Mortgage Corp. 2 50%50%
  • 407%
  • (273,000 / $67,000)
  • 311%
  • (81,000 / $26,000)
15Franklin American Mortgage Co 2 100%0%
  • 280%
  • (143,000 / $51,000)
0
16Embrace Home Loans, 2 50%0%
  • 208%
  • (167,000 / $80,000)
0
17Ally Bank F/K/A/ Gmac Bank 2 50%0%
  • 230%
  • (194,000 / $84,000)
0
18Us Bank 1 0%100% 0
  • 418%
  • (222,000 / $53,000)
19Universal Mortgage Corporation 1 0%0% 0 0
20Tmg Real Estate & Financial 1 0%100% 0
  • 315%
  • (271,000 / $86,000)

Irving, MN FHA Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 122
  2. Loan Applications Denied: 22
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 80
  5. % of Loan Applications Originated 65

Irving, MN FHA Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral35
Credit history25
Debt-to-income ratio15
Credit application incomplete10
Unverifiable information5

Irving, MN FHA Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,00016 4331
$100,000 - $300,000106 6816

Irving, MN FHA Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000119 6418
$100,000 - $300,0003 990

Loan to Income Ratios Research for FHA Mortgage in Irving, MN

Loan to Income Ratio (Loan Amount as a Percentage of Income Levels) Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
100 - 200%2080 5
200 - 300%4172 7
300 - 400%3243 34
> 400%2968 24

Irving, MN Home Owner Occupancy Type FHA Mortgage Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling121 6518
Not Owner-Occupied As A Principal Dwelling1 1000

Home Owner Property Type Statistics in Irving, MN for FHA Home Loans

Property Type Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
One-To-Four Family Dwelling (Other Than Manufactured Housing)106 6914
Manufactured Housing16 3743
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