Top Ann, MN Mortgage Lenders

RankAnn Mortgage LenderAnn Home Loans ProcessedAnn Home Loans ApprovedAnn Home Loans DeniedAnn Mortgage Median Loan to Income Ratio (LTR) for Approved LoansAnn Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 29 55%24%
  • 146%
  • (60,000 Loan / $41,000 Income)
  • 133%
  • (80,000 Loan / $60,000 Income)
2Bank Of America 12 75%25%
  • 136%
  • (75,000 / $55,000)
  • 205%
  • (82,000 / $40,000)
3Citimortgage 10 90%10%
  • 92%
  • (52,000 / $56,000)
  • 467%
  • (285,000 / $61,000)
4Jpmorgan Chase Bank 8 75%25%
  • 150%
  • (81,000 / $54,000)
  • 500%
  • (120,000 / $24,000)
5Countrywide Bank Fsb 8 75%12%
  • 144%
  • (156,000 / $108,000)
  • 492%
  • (138,000 / $28,000)
6Agstar Financial Services 8 62%0%
  • 94%
  • (47,000 / $50,000)
0
7Embrace Home Loans, 7 0%14% 0
  • 257%
  • (121,000 / $47,000)
8Citibank 7 42%57%
  • 80%
  • (42,000 / $52,000)
  • 143%
  • (43,000 / $30,000)
9Us Bank 6 83%0%
  • 128%
  • (126,000 / $98,000)
0
10Hfc Company Llc 6 0%100% 0
  • 234%
  • (75,000 / $32,000)
11Wells Fargo Fin'l Minnesota 5 40%0%
  • 289%
  • (133,000 / $46,000)
0
12State Farm Bank 5 0%40% 0
  • 152%
  • (104,000 / $68,000)
13Quicken Loans 5 40%40%
  • 300%
  • (42,000 / $14,000)
  • 316%
  • (95,000 / $30,000)
14Mortgage Guaranty Insurance Co 5 60%0%
  • 135%
  • (57,000 / $42,000)
0
15Genworth Mortgage Insurance Co 5 100%0%
  • 164%
  • (87,000 / $53,000)
0
16Freedom Mortgage Corp. 5 20%60%
  • 353%
  • (92,000 / $26,000)
  • 366%
  • (176,000 / $48,000)
17First National Bank Of America 5 60%40%
  • 66%
  • (6,000 / $9,000)
  • 250%
  • (30,000 / $12,000)
18Citifinancial Services Inc 5 60%20%
  • 139%
  • (32,000 / $23,000)
  • 108%
  • (52,000 / $48,000)
19Beneficial Company Llc 5 20%60%
  • 172%
  • (74,000 / $43,000)
  • 226%
  • (143,000 / $63,000)
20Bank Of The West 5 40%60%
  • 131%
  • (21,000 / $16,000)
  • 78%
  • (15,000 / $19,000)

Ann, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 263
  2. Loan Applications Denied: 61
  3. % of Loan Applications Denied: 23
  4. # of Loan Originations: 142
  5. % of Loan Applications Originated 53

Ann, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history15
Collateral12
Debt-to-income ratio5
Unverifiable information1
Credit application incomplete1

Ann, 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 - $100,000186 5423
$100,000 - $300,00077 5023

Ann, 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 - $100,000239 5224
$100,000 - $300,00024 6212

Loan to Income Ratios Research for Mortgage in Ann, 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%1674 12
30 - 60%2449 29
60 - 100%3945 30
100 - 200%10162 16
200 - 300%4541 24
300 - 400%2151 28
> 400%1734 35

Ann, 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 Dwelling255 5323
Not Owner-Occupied As A Principal Dwelling6 830

Home Owner Property Type Statistics in Ann, 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)241 5224
One To Four-Family21 714
Manufactured Housing1 1000
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