Top Ashby, MN Mortgage Lenders

RankAshby Mortgage LenderAshby Home Loans ProcessedAshby Home Loans ApprovedAshby Home Loans DeniedAshby Mortgage Median Loan to Income Ratio (LTR) for Approved LoansAshby Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,739 62%17%
  • 206%
  • (237,000 Loan / $115,000 Income)
  • 204%
  • (102,000 Loan / $50,000 Income)
2Affinity Plus Federal Credit U 525 63%8%
  • 136%
  • (149,000 / $109,000)
  • 191%
  • (138,000 / $72,000)
3Citimortgage 339 77%10%
  • 255%
  • (184,000 / $72,000)
  • 341%
  • (116,000 / $34,000)
4Countrywide Bank Fsb 335 72%17%
  • 202%
  • (95,000 / $47,000)
  • 284%
  • (188,000 / $66,000)
5Jpmorgan Chase Bank 320 77%17%
  • 239%
  • (189,000 / $79,000)
  • 236%
  • (85,000 / $36,000)
6Us Bank 302 79%10%
  • 216%
  • (186,000 / $86,000)
  • 257%
  • (144,000 / $56,000)
7Mortgage Guaranty Insurance Co 225 70%6%
  • 241%
  • (150,000 / $62,000)
  • 250%
  • (163,000 / $65,000)
8Countrywide Home Loans 194 81%13%
  • 281%
  • (180,000 / $64,000)
  • 234%
  • (108,000 / $46,000)
9Beneficial Company Llc 181 6%74%
  • 88%
  • (130,000 / $147,000)
  • 208%
  • (142,000 / $68,000)
10Genworth Mortgage Insurance Co 171 63%1%
  • 258%
  • (191,000 / $74,000)
  • 288%
  • (144,000 / $50,000)
11Bank Of America 167 72%18%
  • 184%
  • (70,000 / $38,000)
  • 227%
  • (237,000 / $104,000)
12Wells Fargo Fin'l Minnesota 143 13%61%
  • 233%
  • (268,000 / $115,000)
  • 186%
  • (142,000 / $76,000)
13United Guaranty Corporation 140 77%3%
  • 265%
  • (93,000 / $35,000)
  • 189%
  • (104,000 / $55,000)
14Citifinancial Services Inc 124 31%41%
  • 211%
  • (36,000 / $17,000)
  • 148%
  • (49,000 / $33,000)
15Us Bank North Dakota 113 26%42%
  • 129%
  • (127,000 / $98,000)
  • 82%
  • (102,000 / $123,000)
16Citibank 110 80%13%
  • 71%
  • (30,000 / $42,000)
  • 83%
  • (26,000 / $31,000)
17Phh Mortgage Corporation 106 87%4%
  • 240%
  • (96,000 / $40,000)
  • 233%
  • (28,000 / $12,000)
18Wells Fargo Funding 104 99%0%
  • 154%
  • (336,000 / $217,000)
0
19Frandsen Bank & Trust 102 83%10%
  • 174%
  • (82,000 / $47,000)
  • 200%
  • (158,000 / $79,000)
20Embrace Home Loans, 97 6%47%
  • 250%
  • (255,000 / $102,000)
  • 296%
  • (77,000 / $26,000)

Ashby, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 10,140
  2. Loan Applications Denied: 1,887
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 6,367
  5. % of Loan Applications Originated 62

Ashby, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history9
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Ashby, 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 - $100,0003,578 6021
$100,000 - $300,0005,888 6416
$300,000 - $500,000621 5621
$500,000 - $1,000,00050 3840
$1,000,000 - $1,500,0002 1000
$1,500,000 - $2,000,0001 1000

Ashby, 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 - $100,0008,230 6119
$100,000 - $300,0001,759 6715
$300,000 - $500,00097 6121
$500,000 - $1,000,00047 6114
$1,000,000 - $1,500,0003 6633
$1,500,000 - $2,000,0001 1000
> $2,000,0003 6633

Loan to Income Ratios Research for Mortgage in Ashby, 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%43063 20
30 - 60%65960 22
60 - 100%85563 18
100 - 200%2,72065 16
200 - 300%2,72263 16
300 - 400%1,61962 18
> 400%1,13550 27

Ashby, 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 Dwelling9,183 6119
Not Owner-Occupied As A Principal Dwelling886 7314
Not Applicable20 6025

Home Owner Property Type Statistics in Ashby, 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)9,019 6219
One To Four-Family828 732
Manufactured Housing293 4834
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