Top Aurdal, MN Mortgage Lenders

RankAurdal Mortgage LenderAurdal Home Loans ProcessedAurdal Home Loans ApprovedAurdal Home Loans DeniedAurdal Mortgage Median Loan to Income Ratio (LTR) for Approved LoansAurdal Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 617 68%14%
  • 172%
  • (230,000 Loan / $133,000 Income)
  • 169%
  • (83,000 Loan / $49,000 Income)
2Affinity Plus Federal Credit U 272 72%4%
  • 130%
  • (157,000 / $120,000)
  • 211%
  • (55,000 / $26,000)
3Gate City Bank 234 84%4%
  • 189%
  • (318,000 / $168,000)
  • 202%
  • (166,000 / $82,000)
4American Federal Bank 210 81%11%
  • 169%
  • (100,000 / $59,000)
  • 222%
  • (80,000 / $36,000)
5State Bank & Trust 189 66%15%
  • 126%
  • (43,000 / $34,000)
  • 234%
  • (143,000 / $61,000)
6Citimortgage 172 84%4%
  • 214%
  • (417,000 / $194,000)
  • 238%
  • (169,000 / $71,000)
7Jpmorgan Chase Bank 155 84%12%
  • 223%
  • (58,000 / $26,000)
  • 229%
  • (413,000 / $180,000)
8Us Bank 149 80%11%
  • 212%
  • (189,000 / $89,000)
  • 229%
  • (101,000 / $44,000)
9Bank Of The West 117 77%11%
  • 173%
  • (130,000 / $75,000)
  • 141%
  • (129,000 / $91,000)
10Mortgage Guaranty Insurance Co 64 87%4%
  • 220%
  • (214,000 / $97,000)
  • 203%
  • (116,000 / $57,000)
11Genworth Mortgage Insurance Co 58 53%1%
  • 219%
  • (158,000 / $72,000)
  • 273%
  • (238,000 / $87,000)
12Citibank 56 60%19%
  • 179%
  • (169,000 / $94,000)
  • 105%
  • (79,000 / $75,000)
13Bank Of America 56 78%14%
  • 239%
  • (220,000 / $92,000)
  • 251%
  • (166,000 / $66,000)
14Us Bk Na Nd 52 48%44%
  • 128%
  • (230,000 / $179,000)
  • 186%
  • (84,000 / $45,000)
15Countrywide Bank Fsb 49 75%18%
  • 217%
  • (148,000 / $68,000)
  • 287%
  • (115,000 / $40,000)
16Midwest Bank 45 88%11%
  • 177%
  • (55,000 / $31,000)
  • 95%
  • (40,000 / $42,000)
17Merchants Bank 43 93%4%
  • 229%
  • (124,000 / $54,000)
  • 235%
  • (113,000 / $48,000)
18Embrace Home Loans, 43 11%34%
  • 244%
  • (127,000 / $52,000)
  • 181%
  • (140,000 / $77,000)
19Wells Fargo Funding 33 100%0% 0 0
20Us Bank North Dakota 30 33%40%
  • 127%
  • (42,000 / $33,000)
  • 185%
  • (100,000 / $54,000)

Aurdal, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,388
  2. Loan Applications Denied: 475
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 2,378
  5. % of Loan Applications Originated 70

Aurdal, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history10
Debt-to-income ratio8
Credit application incomplete3
Unverifiable information1

Aurdal, 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 - $100,0001,238 6616
$100,000 - $300,0001,985 7212
$300,000 - $500,000156 698
$500,000 - $1,000,0009 1133

Aurdal, 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 - $100,0002,656 6815
$100,000 - $300,000684 778
$300,000 - $500,00037 7410
$500,000 - $1,000,0008 870
$1,000,000 - $1,500,0001 1000
$1,500,000 - $2,000,0001 00
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Aurdal, 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%13076 13
30 - 60%21771 14
60 - 100%28971 11
100 - 200%1,10072 11
200 - 300%95969 14
300 - 400%43365 15
> 400%26058 24

Aurdal, 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 Dwelling3,015 6914
Not Owner-Occupied As A Principal Dwelling350 7514
Not Applicable4 7525

Home Owner Property Type Statistics in Aurdal, 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)3,119 7014
One To Four-Family206 752
Manufactured Housing63 5830
More Aurdal, MN Mortgage Research: