Top Starbuck, MN FHA Mortgage Refinance Lenders

RankStarbuck FHA Mortgage LenderStarbuck FHA Home Refinance Loans ProcessedStarbuck FHA Home Refinance Loans ApprovedStarbuck FHA Home Refinance Loans DeniedStarbuck FHA Mortgage Refinance Median Loan to Income Ratio (LTR) for Approved LoansStarbuck FHA Mortgage Refinance Median LTR for Denied Loans
1Wells Fargo Bank 290 33%32%
  • 250%
  • (155,000 Loan / $62,000 Income)
  • 277%
  • (86,000 Loan / $31,000 Income)
2Embrace Home Loans, 133 11%45%
  • 243%
  • (134,000 / $55,000)
  • 268%
  • (51,000 / $19,000)
3Bank Of America 107 84%11%
  • 216%
  • (91,000 / $42,000)
  • 261%
  • (144,000 / $55,000)
4Us Bank 89 60%24%
  • 240%
  • (84,000 / $35,000)
  • 211%
  • (89,000 / $42,000)
5Countrywide Bank Fsb 61 55%37%
  • 186%
  • (84,000 / $45,000)
  • 252%
  • (126,000 / $50,000)
6Quicken Loans 53 49%49%
  • 284%
  • (276,000 / $97,000)
  • 212%
  • (70,000 / $33,000)
7Wells Fargo Funding 49 100%0% 0 0
8Jpmorgan Chase Bank 40 82%15%
  • 250%
  • (135,000 / $54,000)
  • 292%
  • (123,000 / $42,000)
9New Day Financial, Llc 32 6%68%
  • 326%
  • (186,000 / $57,000)
  • 276%
  • (94,000 / $34,000)
10Flagstar Bank 24 66%0%
  • 343%
  • (141,000 / $41,000)
0
11Franklin American Mortgage Co 23 60%4%
  • 221%
  • (184,000 / $83,000)
  • 448%
  • (233,000 / $52,000)
12Citimortgage 23 86%8%
  • 169%
  • (73,000 / $43,000)
  • 437%
  • (162,000 / $37,000)
13Summit Mortgage Corporation 18 72%11%
  • 296%
  • (80,000 / $27,000)
  • 271%
  • (125,000 / $46,000)
14Reliance First Capital Llc 18 0%44% 0
  • 404%
  • (194,000 / $48,000)
15Freedom Mortgage Corp. 17 52%35%
  • 232%
  • (177,000 / $76,000)
  • 341%
  • (212,000 / $62,000)
16Ally Bank F/K/A/ Gmac Bank 15 26%40%
  • 291%
  • (254,000 / $87,000)
  • 266%
  • (133,000 / $50,000)
17Residential Finance Corp. 12 50%25%
  • 393%
  • (126,000 / $32,000)
  • 293%
  • (235,000 / $80,000)
18Nationstar Mortgage Llc 12 16%66%
  • 386%
  • (112,000 / $29,000)
  • 200%
  • (62,000 / $31,000)
19Everett Financial 11 45%9%
  • 252%
  • (134,000 / $53,000)
  • 156%
  • (124,000 / $79,000)
20American Equity Mortgage, 11 45%45%
  • 282%
  • (110,000 / $39,000)
  • 243%
  • (175,000 / $72,000)

Starbuck, MN FHA Mortgage Refinance Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,458
  2. Loan Applications Denied: 411
  3. % of Loan Applications Denied: 28
  4. # of Loan Originations: 674
  5. % of Loan Applications Originated 46

Starbuck, MN FHA Home Loan Refinance Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral40
Debt-to-income ratio19
Credit history19
Credit application incomplete6
Insufficient cash (downpayment, closing costs)4

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

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000359 4731
$100,000 - $300,0001,092 4527
$300,000 - $500,0007 1428

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

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0001,343 4628
$100,000 - $300,000114 4023
$500,000 - $1,000,0001 1000

Loan to Income Ratios Research for FHA Mortgage Refinance in Starbuck, 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
30 - 60%580 0
60 - 100%3852 23
100 - 200%39844 29
200 - 300%50548 25
300 - 400%29447 26
> 400%21838 35

Starbuck, MN Home Owner Occupancy Type FHA Mortgage Refinance Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling1,446 4628
Not Owner-Occupied As A Principal Dwelling10 3040
Not Applicable2 5050

Home Owner Property Type Statistics in Starbuck, MN for FHA Home Loan Refinance

Property Type Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
One-To-Four Family Dwelling (Other Than Manufactured Housing)1,410 4628
Manufactured Housing48 4533
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