Top Athens, MN Mortgage Lenders

RankAthens Mortgage LenderAthens Home Loans ProcessedAthens Home Loans ApprovedAthens Home Loans DeniedAthens Mortgage Median Loan to Income Ratio (LTR) for Approved LoansAthens Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 712 57%23%
  • 230%
  • (304,000 Loan / $132,000 Income)
  • 223%
  • (203,000 Loan / $91,000 Income)
2Jpmorgan Chase Bank 215 80%17%
  • 288%
  • (127,000 / $44,000)
  • 280%
  • (322,000 / $115,000)
3Countrywide Bank Fsb 201 69%18%
  • 250%
  • (250,000 / $100,000)
  • 334%
  • (167,000 / $50,000)
4Citimortgage 190 75%8%
  • 275%
  • (160,000 / $58,000)
  • 335%
  • (191,000 / $57,000)
5Us Bank 184 75%14%
  • 287%
  • (138,000 / $48,000)
  • 319%
  • (150,000 / $47,000)
6Affinity Plus Federal Credit U 172 66%8%
  • 115%
  • (67,000 / $58,000)
  • 288%
  • (179,000 / $62,000)
7Countrywide Home Loans 143 74%16%
  • 293%
  • (182,000 / $62,000)
  • 219%
  • (171,000 / $78,000)
8Bank Of America 114 66%15%
  • 250%
  • (198,000 / $79,000)
  • 324%
  • (386,000 / $119,000)
9Citibank 106 79%11%
  • 123%
  • (64,000 / $52,000)
  • 156%
  • (80,000 / $51,000)
10Tcf National Bank 93 34%36%
  • 217%
  • (89,000 / $41,000)
  • 276%
  • (210,000 / $76,000)
11Bell America Mortgage Llc Dba 88 69%5%
  • 291%
  • (134,000 / $46,000)
  • 320%
  • (128,000 / $40,000)
12Us Bank North Dakota 81 32%45%
  • 197%
  • (87,000 / $44,000)
  • 220%
  • (66,000 / $30,000)
13Wells Fargo Funding 78 98%1%
  • 219%
  • (211,000 / $96,000)
  • 167%
  • (161,000 / $96,000)
14Beneficial Company Llc 78 1%69%
  • 43%
  • (37,000 / $85,000)
  • 268%
  • (185,000 / $69,000)
15Mortgage Guaranty Insurance Co 77 76%10%
  • 310%
  • (93,000 / $30,000)
  • 265%
  • (273,000 / $103,000)
16Wells Fargo Fin'l Minnesota 69 11%59%
  • 317%
  • (203,000 / $64,000)
  • 183%
  • (169,000 / $92,000)
17Associated Bank 65 52%26%
  • 116%
  • (98,000 / $84,000)
  • 176%
  • (83,000 / $47,000)
18First Suburban National Bank 64 20%46%
  • 306%
  • (144,000 / $47,000)
  • 389%
  • (183,000 / $47,000)
19Phh Mortgage Corporation 61 83%4%
  • 233%
  • (124,000 / $53,000)
  • 427%
  • (398,000 / $93,000)
20Embrace Home Loans, 57 5%52%
  • 263%
  • (116,000 / $44,000)
  • 294%
  • (162,000 / $55,000)

Athens, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 5,327
  2. Loan Applications Denied: 1,122
  3. % of Loan Applications Denied: 21
  4. # of Loan Originations: 3,102
  5. % of Loan Applications Originated 58

Athens, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Credit history11
Debt-to-income ratio10
Credit application incomplete4
Unverifiable information1

Athens, 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 - $100,0001,235 5821
$100,000 - $300,0003,707 5820
$300,000 - $500,000369 4725
$500,000 - $1,000,00016 4925

Athens, 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 - $100,0004,432 5721
$100,000 - $300,000846 5720
$300,000 - $500,00027 5518
$500,000 - $1,000,00017 4611
$1,000,000 - $1,500,0001 1000
$1,500,000 - $2,000,0002 1000
> $2,000,0002 5050

Loan to Income Ratios Research for Mortgage in Athens, 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%20251 24
30 - 60%28853 23
60 - 100%34457 20
100 - 200%95161 19
200 - 300%1,51560 19
300 - 400%1,14758 19
> 400%88050 26

Athens, 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 Dwelling5,116 5821
Not Owner-Occupied As A Principal Dwelling193 5821
Not Applicable2 1000

Home Owner Property Type Statistics in Athens, 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)4,951 5721
One To Four-Family310 745
Manufactured Housing66 3143
More Athens, MN Mortgage Research: