Top Adams, MN Mortgage Lenders

RankAdams Mortgage LenderAdams Home Loans ProcessedAdams Home Loans ApprovedAdams Home Loans DeniedAdams Mortgage Median Loan to Income Ratio (LTR) for Approved LoansAdams Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 292 62%20%
  • 171%
  • (204,000 Loan / $119,000 Income)
  • 169%
  • (95,000 Loan / $56,000 Income)
2Home Federal Savings Bank 92 58%19%
  • 159%
  • (150,000 / $94,000)
  • 220%
  • (53,000 / $24,000)
3Agstar Financial Services 53 66%3%
  • 126%
  • (132,000 / $104,000)
  • 90%
  • (90,000 / $99,000)
4Us Bank 52 65%17%
  • 173%
  • (59,000 / $34,000)
  • 211%
  • (127,000 / $60,000)
5Wells Federal Bank 51 45%19%
  • 154%
  • (330,000 / $214,000)
  • 266%
  • (80,000 / $30,000)
6Mortgage Guaranty Insurance Co 41 68%4%
  • 212%
  • (115,000 / $54,000)
  • 161%
  • (42,000 / $26,000)
7Countrywide Bank Fsb 36 63%22%
  • 242%
  • (80,000 / $33,000)
  • 246%
  • (74,000 / $30,000)
8North Shore Bank Of Commerce 34 82%14%
  • 177%
  • (108,000 / $61,000)
  • 136%
  • (75,000 / $55,000)
9Jpmorgan Chase Bank 31 77%12%
  • 269%
  • (124,000 / $46,000)
  • 231%
  • (134,000 / $58,000)
10Beneficial Company Llc 28 3%89%
  • 349%
  • (185,000 / $53,000)
  • 172%
  • (76,000 / $44,000)
11United Guaranty Corporation 27 88%7%
  • 231%
  • (74,000 / $32,000)
  • 159%
  • (67,000 / $42,000)
12Citimortgage 27 74%0%
  • 298%
  • (149,000 / $50,000)
0
13Citibank 27 62%22%
  • 88%
  • (82,000 / $93,000)
  • 93%
  • (31,000 / $33,000)
14Think Mutual Bank 26 57%15%
  • 130%
  • (106,000 / $81,000)
  • 229%
  • (289,000 / $126,000)
15Embrace Home Loans, 25 16%40%
  • 202%
  • (99,000 / $49,000)
  • 277%
  • (50,000 / $18,000)
16Bank Of America 25 76%8%
  • 206%
  • (149,000 / $72,000)
  • 172%
  • (43,000 / $25,000)
17Us Bank North Dakota 24 12%66%
  • 127%
  • (110,000 / $86,000)
  • 127%
  • (110,000 / $86,000)
18Genworth Mortgage Insurance Co 21 71%0%
  • 251%
  • (113,000 / $45,000)
0
19Radian Guaranty 20 70%0%
  • 185%
  • (74,000 / $40,000)
0
20Countrywide Home Loans 20 70%15%
  • 282%
  • (113,000 / $40,000)
  • 78%
  • (80,000 / $102,000)

Adams, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,577
  2. Loan Applications Denied: 347
  3. % of Loan Applications Denied: 22
  4. # of Loan Originations: 923
  5. % of Loan Applications Originated 58

Adams, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history11
Debt-to-income ratio10
Collateral9
Credit application incomplete3
Unverifiable information2

Adams, MN Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000850 5922
$100,000 - $300,000691 5621
$300,000 - $500,00031 4719
$500,000 - $1,000,0004 750
$1,000,000 - $1,500,0001 1000

Adams, MN Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0001,392 5722
$100,000 - $300,000169 6415
$300,000 - $500,0004 750
$500,000 - $1,000,0008 8712
$1,000,000 - $1,500,0001 00
$1,500,000 - $2,000,0002 1000
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Adams, 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%8456 27
30 - 60%11558 27
60 - 100%17061 21
100 - 200%52163 15
200 - 300%36156 22
300 - 400%20458 21
> 400%12233 42

Adams, MN Home Owner Occupancy Type Mortgage Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling1,426 5821
Not Owner-Occupied As A Principal Dwelling142 6222
Not Applicable2 0100

Home Owner Property Type Statistics in Adams, MN for 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)1,434 5723
One To Four-Family130 743
Manufactured Housing13 1538
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