Top Avon, MN Mortgage Lenders

RankAvon Mortgage LenderAvon Home Loans ProcessedAvon Home Loans ApprovedAvon Home Loans DeniedAvon Mortgage Median Loan to Income Ratio (LTR) for Approved LoansAvon Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 522 77%10%
  • 209%
  • (92,000 Loan / $44,000 Income)
  • 248%
  • (122,000 Loan / $49,000 Income)
2Liberty Savings Bank Fsb 406 95%1%
  • 244%
  • (203,000 / $83,000)
  • 259%
  • (239,000 / $92,000)
3Central Mn Cu 221 66%10%
  • 182%
  • (64,000 / $35,000)
  • 310%
  • (152,000 / $49,000)
4Jpmorgan Chase Bank 220 85%13%
  • 252%
  • (144,000 / $57,000)
  • 271%
  • (141,000 / $52,000)
5Avon State Bank 209 82%15%
  • 171%
  • (149,000 / $87,000)
  • 180%
  • (65,000 / $36,000)
6Bremer Bank Na (St Cloud) 184 88%2%
  • 192%
  • (77,000 / $40,000)
  • 168%
  • (96,000 / $57,000)
7Central Minnesota Cu 172 66%8%
  • 162%
  • (156,000 / $96,000)
  • 285%
  • (320,000 / $112,000)
8Stearns Bank Na 135 79%8%
  • 208%
  • (140,000 / $67,000)
  • 287%
  • (115,000 / $40,000)
9Us Bank 131 82%10%
  • 219%
  • (184,000 / $84,000)
  • 266%
  • (80,000 / $30,000)
10Citimortgage 120 85%5%
  • 277%
  • (239,000 / $86,000)
  • 281%
  • (180,000 / $64,000)
11Bank Of America 104 80%12%
  • 202%
  • (142,000 / $70,000)
  • 300%
  • (108,000 / $36,000)
12Phh Mortgage Corporation 94 91%1%
  • 203%
  • (173,000 / $85,000)
  • 372%
  • (82,000 / $22,000)
13Wells Fargo Funding 81 96%3%
  • 206%
  • (417,000 / $202,000)
  • 209%
  • (220,000 / $105,000)
14Bankvista 72 86%11%
  • 200%
  • (354,000 / $177,000)
  • 445%
  • (107,000 / $24,000)
15Affinity Plus Federal Credit U 68 72%1%
  • 137%
  • (122,000 / $89,000)
  • 2135%
  • (299,000 / $14,000)
16Suntrust Mortgage 58 81%12%
  • 180%
  • (110,000 / $61,000)
  • 279%
  • (400,000 / $143,000)
17Citibank 56 78%14%
  • 143%
  • (69,000 / $48,000)
  • 188%
  • (68,000 / $36,000)
18Mortgage Guaranty Insurance Co 53 88%5%
  • 263%
  • (211,000 / $80,000)
  • 158%
  • (163,000 / $103,000)
19First Natl Bank Of Cold Spring 48 81%8%
  • 230%
  • (150,000 / $65,000)
  • 451%
  • (167,000 / $37,000)
20Countrywide Bank Fsb 46 80%8%
  • 231%
  • (197,000 / $85,000)
  • 355%
  • (370,000 / $104,000)

Avon, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,313
  2. Loan Applications Denied: 509
  3. % of Loan Applications Denied: 11
  4. # of Loan Originations: 3,255
  5. % of Loan Applications Originated 75

Avon, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio11
Credit history9
Credit application incomplete2
Unverifiable information1

Avon, 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 - $100,0001,063 7512
$100,000 - $300,0002,920 7511
$300,000 - $500,000300 7015
$500,000 - $1,000,00030 636

Avon, 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 - $100,0003,310 7412
$100,000 - $300,000916 779
$300,000 - $500,00059 823
$500,000 - $1,000,00025 844
$1,000,000 - $1,500,0001 1000
> $2,000,0002 5050

Loan to Income Ratios Research for Mortgage in Avon, 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%17374 15
30 - 60%19878 11
60 - 100%32680 7
100 - 200%1,12677 9
200 - 300%1,31177 9
300 - 400%70672 12
> 400%47358 27

Avon, 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 Dwelling4,036 7511
Not Owner-Occupied As A Principal Dwelling272 799
Not Applicable1 1000

Home Owner Property Type Statistics in Avon, 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)4,089 7511
One To Four-Family192 825
Manufactured Housing32 5331
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