Top Minden, MN FHA Mortgage Lenders

RankMinden FHA Mortgage LenderMinden FHA Home Loans ProcessedMinden FHA Home Loans ApprovedMinden FHA Home Loans DeniedMinden FHA Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMinden Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 185 68%16%
  • 265%
  • (146,000 Loan / $55,000 Income)
  • 340%
  • (126,000 Loan / $37,000 Income)
2Liberty Savings Bank Fsb 65 90%4%
  • 269%
  • (105,000 / $39,000)
  • 412%
  • (99,000 / $24,000)
3Bremer Bank Na (St Cloud) 49 79%4%
  • 287%
  • (89,000 / $31,000)
  • 341%
  • (58,000 / $17,000)
4Jpmorgan Chase Bank 45 86%13%
  • 237%
  • (237,000 / $100,000)
  • 202%
  • (144,000 / $71,000)
5Wells Fargo Funding 36 100%0% 0 0
6Bank Of America 36 86%13%
  • 358%
  • (147,000 / $41,000)
  • 236%
  • (142,000 / $60,000)
7Citimortgage 30 93%3%
  • 433%
  • (130,000 / $30,000)
  • 261%
  • (149,000 / $57,000)
8Us Bank 27 88%11%
  • 284%
  • (108,000 / $38,000)
  • 286%
  • (86,000 / $30,000)
9Bankvista 26 84%3%
  • 220%
  • (108,000 / $49,000)
  • 570%
  • (137,000 / $24,000)
10Phh Home Loans 22 95%0%
  • 278%
  • (139,000 / $50,000)
0
11Embrace Home Loans, 21 0%47% 0
  • 222%
  • (140,000 / $63,000)
12Phh Mortgage Corporation 20 85%0%
  • 238%
  • (136,000 / $57,000)
0
13Countrywide Bank Fsb 17 82%17%
  • 288%
  • (124,000 / $43,000)
  • 258%
  • (194,000 / $75,000)
14Bell America Mortgage Llc Dba 8 100%0%
  • 283%
  • (275,000 / $97,000)
0
15Flagstar Bank 7 85%0%
  • 406%
  • (134,000 / $33,000)
0
16The Business Bank 6 100%0%
  • 336%
  • (138,000 / $41,000)
0
17Suntrust Mortgage 6 100%0%
  • 244%
  • (137,000 / $56,000)
0
18Midcountry Bank 6 66%33%
  • 373%
  • (97,000 / $26,000)
  • 220%
  • (110,000 / $50,000)
19Franklin American Mortgage Co 6 66%0%
  • 373%
  • (127,000 / $34,000)
0
20First Guaranty Mortgage Corp 6 50%33%
  • 231%
  • (236,000 / $102,000)
  • 523%
  • (89,000 / $17,000)

Minden, MN FHA Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 761
  2. Loan Applications Denied: 101
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 573
  5. % of Loan Applications Originated 75

Minden, MN FHA Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral34
Debt-to-income ratio19
Credit history16
Credit application incomplete9
Unverifiable information7

Minden, 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 - $100,000114 7014
$100,000 - $300,000647 7512

Minden, 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 - $100,000709 7413
$100,000 - $300,00051 799
$500,000 - $1,000,0001 00

Loan to Income Ratios Research for FHA Mortgage in Minden, 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
0 - 30%10 0
30 - 60%5100 0
60 - 100%1793 5
100 - 200%12368 14
200 - 300%30476 10
300 - 400%19880 11
> 400%11363 23

Minden, 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 Dwelling757 7513
Not Owner-Occupied As A Principal Dwelling4 1000

Home Owner Property Type Statistics in Minden, 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)759 7513
Manufactured Housing2 1000
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