Top Shingobee, MN FHA Mortgage Lenders

RankShingobee FHA Mortgage LenderShingobee FHA Home Loans ProcessedShingobee FHA Home Loans ApprovedShingobee FHA Home Loans DeniedShingobee FHA Mortgage Median Loan to Income Ratio (LTR) for Approved LoansShingobee Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 21 66%9%
  • 313%
  • (144,000 Loan / $46,000 Income)
  • 247%
  • (193,000 Loan / $78,000 Income)
2Us Bank 3 33%66%
  • 255%
  • (197,000 / $77,000)
  • 572%
  • (126,000 / $22,000)
3Bank Of America 3 66%33%
  • 232%
  • (79,000 / $34,000)
  • 288%
  • (208,000 / $72,000)
4Freedom Mortgage Corp. 2 100%0%
  • 250%
  • (133,000 / $53,000)
0
5Countrywide Bank Fsb 2 50%0% 0 0
6Wells Fargo Funding 1 100%0% 0 0
7Summit Mortgage Corporation 1 100%0%
  • 357%
  • (200,000 / $56,000)
0
8Quicken Loans 1 100%0%
  • 220%
  • (192,000 / $87,000)
0
9One Reverse Mortgage, Llc 1 100%0%
  • 581%
  • (64,000 / $11,000)
0
10New Day Financial, Llc 1 0%0% 0 0
11M&I Marshall & Ilsley Bank 1 0%100% 0
  • 570%
  • (211,000 / $37,000)
12Lendsource Inc 1 0%0% 0 0
13Ideal Mortgage Bankers, Ltd 1 100%0%
  • 450%
  • (126,000 / $28,000)
0
14Homeowners Mortgage Of America 1 0%0% 0 0
15Home Loan Center 1 0%0% 0 0
16Flagstar Bank 1 100%0%
  • 294%
  • (100,000 / $34,000)
0
17First Tennessee Bank Na 1 100%0%
  • 210%
  • (156,000 / $74,000)
0
18First American Bank And Trust 1 100%0%
  • 559%
  • (235,000 / $42,000)
0
19Citimortgage 1 100%0% 0 0
20Centennial Mortgage & Funding 1 100%0%
  • 167%
  • (72,000 / $43,000)
0

Shingobee, MN FHA Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 47
  2. Loan Applications Denied: 6
  3. % of Loan Applications Denied: 12
  4. # of Loan Originations: 31
  5. % of Loan Applications Originated 65

Shingobee, MN FHA Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral57
Debt-to-income ratio28
Credit history14

Shingobee, 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 - $100,0009 880
$100,000 - $300,00038 5915

Shingobee, 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 - $100,00046 6610
$100,000 - $300,0001 0100

Loan to Income Ratios Research for FHA Mortgage in Shingobee, 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
60 - 100%10 100
100 - 200%683 0
200 - 300%2152 14
300 - 400%1190 0
> 400%862 25

Shingobee, 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 Dwelling47 6512

Home Owner Property Type Statistics in Shingobee, 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)38 6513
Manufactured Housing9 6611
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