Top Annandale, MN Mortgage Lenders

RankAnnandale Mortgage LenderAnnandale Home Loans ProcessedAnnandale Home Loans ApprovedAnnandale Home Loans DeniedAnnandale Mortgage Median Loan to Income Ratio (LTR) for Approved LoansAnnandale Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,077 60%19%
  • 195%
  • (121,000 Loan / $62,000 Income)
  • 184%
  • (131,000 Loan / $71,000 Income)
2Annandale State Bank 292 74%14%
  • 186%
  • (172,000 / $92,000)
  • 185%
  • (215,000 / $116,000)
3Us Bank 270 78%13%
  • 236%
  • (118,000 / $50,000)
  • 212%
  • (51,000 / $24,000)
4Jpmorgan Chase Bank 269 80%14%
  • 225%
  • (72,000 / $32,000)
  • 220%
  • (207,000 / $94,000)
5Countrywide Bank Fsb 200 68%17%
  • 244%
  • (154,000 / $63,000)
  • 223%
  • (150,000 / $67,000)
6Bank Of America 172 70%20%
  • 248%
  • (149,000 / $60,000)
  • 286%
  • (215,000 / $75,000)
7Citimortgage 151 71%11%
  • 246%
  • (160,000 / $65,000)
  • 280%
  • (261,000 / $93,000)
8Tcf National Bank 124 30%48%
  • 212%
  • (106,000 / $50,000)
  • 292%
  • (281,000 / $96,000)
9Kleinbank 118 74%10%
  • 294%
  • (103,000 / $35,000)
  • 340%
  • (300,000 / $88,000)
10Mortgage Guaranty Insurance Co 114 64%11%
  • 277%
  • (164,000 / $59,000)
  • 460%
  • (161,000 / $35,000)
11Citibank 105 69%15%
  • 133%
  • (95,000 / $71,000)
  • 138%
  • (100,000 / $72,000)
12First National Bank Of Elk Riv 100 73%15%
  • 158%
  • (65,000 / $41,000)
  • 259%
  • (306,000 / $118,000)
13Countrywide Home Loans 99 79%11%
  • 243%
  • (309,000 / $127,000)
  • 159%
  • (507,000 / $318,000)
14Liberty Savings Bank Fsb 97 93%3%
  • 244%
  • (115,000 / $47,000)
  • 600%
  • (84,000 / $14,000)
15Wells Fargo Funding 87 97%1%
  • 366%
  • (205,000 / $56,000)
  • 311%
  • (252,000 / $81,000)
16Us Bank North Dakota 71 25%43%
  • 230%
  • (60,000 / $26,000)
  • 154%
  • (65,000 / $42,000)
17Affinity Plus Federal Credit U 71 61%2%
  • 172%
  • (204,000 / $118,000)
  • 441%
  • (150,000 / $34,000)
18Phh Home Loans 64 62%12%
  • 278%
  • (156,000 / $56,000)
  • 296%
  • (89,000 / $30,000)
19Hfc Company Llc 63 6%79%
  • 361%
  • (123,000 / $34,000)
  • 319%
  • (150,000 / $47,000)
20Us Bk Na Nd 61 44%47%
  • 123%
  • (52,000 / $42,000)
  • 163%
  • (98,000 / $60,000)

Annandale, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 6,464
  2. Loan Applications Denied: 1,271
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 4,031
  5. % of Loan Applications Originated 62

Annandale, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Debt-to-income ratio11
Credit history11
Credit application incomplete4
Unverifiable information2

Annandale, 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 - $100,0001,666 5922
$100,000 - $300,0004,177 6218
$300,000 - $500,000562 6518
$500,000 - $1,000,00048 5922
$1,000,000 - $1,500,0007 4242
$1,500,000 - $2,000,0004 0100

Annandale, 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 - $100,0004,880 5921
$100,000 - $300,0001,378 6814
$300,000 - $500,000134 7014
$500,000 - $1,000,00060 6816
$1,000,000 - $1,500,0008 6225
$1,500,000 - $2,000,0003 0100
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Annandale, 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%26361 22
30 - 60%34155 22
60 - 100%59461 22
100 - 200%1,56066 16
200 - 300%1,64364 16
300 - 400%1,17661 19
> 400%88753 27

Annandale, 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 Dwelling5,342 6120
Not Owner-Occupied As A Principal Dwelling1,067 6717
Not Applicable5 8020

Home Owner Property Type Statistics in Annandale, 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)5,989 6219
One To Four-Family354 687
Manufactured Housing121 3550
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