Top Alango, MN Mortgage Lenders

RankAlango Mortgage LenderAlango Home Loans ProcessedAlango Home Loans ApprovedAlango Home Loans DeniedAlango Mortgage Median Loan to Income Ratio (LTR) for Approved LoansAlango Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 183 61%18%
  • 158%
  • (106,000 Loan / $67,000 Income)
  • 141%
  • (120,000 Loan / $85,000 Income)
2American Bank Of The North 141 67%18%
  • 106%
  • (80,000 / $75,000)
  • 217%
  • (113,000 / $52,000)
3Us Bank North Dakota 91 53%31%
  • 95%
  • (116,000 / $121,000)
  • 153%
  • (132,000 / $86,000)
4Us Bank 83 72%18%
  • 196%
  • (202,000 / $103,000)
  • 297%
  • (417,000 / $140,000)
5First National Bank 55 87%9%
  • 105%
  • (71,000 / $67,000)
  • 250%
  • (25,000 / $10,000)
6Us Bk Na Nd 47 38%38%
  • 131%
  • (120,000 / $91,000)
  • 220%
  • (110,000 / $50,000)
7Jpmorgan Chase Bank 41 68%29%
  • 201%
  • (169,000 / $84,000)
  • 385%
  • (131,000 / $34,000)
8Phh Mortgage Corporation 32 81%3%
  • 219%
  • (156,000 / $71,000)
  • 41%
  • (37,000 / $89,000)
9Freedom Mortgage Corp. 27 74%3%
  • 251%
  • (257,000 / $102,000)
  • 694%
  • (347,000 / $50,000)
10Citimortgage 24 58%25%
  • 316%
  • (155,000 / $49,000)
  • 309%
  • (272,000 / $88,000)
11Affinity Plus Federal Credit U 24 75%4%
  • 142%
  • (74,000 / $52,000)
  • 272%
  • (49,000 / $18,000)
12Queen City Federal Savings Ban 23 95%4%
  • 205%
  • (115,000 / $56,000)
  • 513%
  • (77,000 / $15,000)
13Bank Of America 23 47%30%
  • 180%
  • (76,000 / $42,000)
  • 228%
  • (80,000 / $35,000)
14Quicken Loans 22 86%4%
  • 273%
  • (325,000 / $119,000)
  • 445%
  • (214,000 / $48,000)
15Prime Lending 22 77%9%
  • 249%
  • (177,000 / $71,000)
  • 332%
  • (123,000 / $37,000)
16Consumer Loan Services Llc 20 80%10% 0
  • 388%
  • (276,000 / $71,000)
17Countrywide Home Loans 19 89%5%
  • 376%
  • (128,000 / $34,000)
  • 154%
  • (128,000 / $83,000)
18Countrywide Bank Fsb 19 84%0%
  • 229%
  • (154,000 / $67,000)
0
19Securty State Bank 18 83%5%
  • 61%
  • (70,000 / $113,000)
  • 233%
  • (70,000 / $30,000)
20Mortgage Guaranty Insurance Co 16 56%12%
  • 157%
  • (115,000 / $73,000)
  • 210%
  • (192,000 / $91,000)

Alango, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,338
  2. Loan Applications Denied: 263
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 835
  5. % of Loan Applications Originated 62

Alango, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Credit history13
Debt-to-income ratio8
Credit application incomplete3
Unverifiable information2

Alango, 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 - $100,000490 6318
$100,000 - $300,000781 6020
$300,000 - $500,00063 6423
$500,000 - $1,000,0004 500

Alango, 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 - $100,0001,025 5821
$100,000 - $300,000290 6914
$300,000 - $500,00016 936
$500,000 - $1,000,0007 990

Loan to Income Ratios Research for Mortgage in Alango, 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%5564 29
30 - 60%7674 15
60 - 100%15768 14
100 - 200%42367 16
200 - 300%32961 17
300 - 400%16552 23
> 400%13338 33

Alango, 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 Dwelling1,103 6019
Not Owner-Occupied As A Principal Dwelling220 7018
Not Applicable4 7525

Home Owner Property Type Statistics in Alango, 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)1,242 6219
One To Four-Family60 5513
Manufactured Housing36 6119
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