Top Badoura, MN Mortgage Lenders

RankBadoura Mortgage LenderBadoura Home Loans ProcessedBadoura Home Loans ApprovedBadoura Home Loans DeniedBadoura Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBadoura Mortgage Median LTR for Denied Loans
1Northwoods Bank Of Minnesota 75 90%8%
  • 188%
  • (158,000 Loan / $84,000 Income)
  • 188%
  • (51,000 Loan / $27,000 Income)
2Wells Fargo Bank 54 70%12%
  • 112%
  • (249,000 / $222,000)
  • 291%
  • (99,000 / $34,000)
3Jpmorgan Chase Bank 25 100%0%
  • 190%
  • (280,000 / $147,000)
0
4Citimortgage 25 88%8%
  • 153%
  • (86,000 / $56,000)
  • 60%
  • (350,000 / $576,000)
5Affinity Plus Federal Credit U 16 62%12%
  • 150%
  • (92,000 / $61,000)
  • 167%
  • (124,000 / $74,000)
6Citibank 15 66%13%
  • 124%
  • (77,000 / $62,000)
  • 516%
  • (191,000 / $37,000)
7Countrywide Bank Fsb 12 83%0%
  • 165%
  • (167,000 / $101,000)
0
8Merchants Bank 11 100%0%
  • 198%
  • (141,000 / $71,000)
0
9Us Bank 10 100%0%
  • 329%
  • (204,000 / $62,000)
0
10Quicken Loans 10 70%20%
  • 309%
  • (220,000 / $71,000)
  • 340%
  • (150,000 / $44,000)
11Mortgage Guaranty Insurance Co 9 88%0%
  • 182%
  • (93,000 / $51,000)
0
12Associated Bank Na 9 100%0%
  • 230%
  • (138,000 / $60,000)
0
13Us Bank North Dakota 8 37%37%
  • 67%
  • (65,000 / $97,000)
  • 61%
  • (32,000 / $52,000)
14Plaza Home Mortgage, 8 87%0%
  • 213%
  • (64,000 / $30,000)
0
15Qr Lending Inc 7 71%0% 0 0
16Genworth Mortgage Insurance Co 7 57%0%
  • 320%
  • (199,000 / $62,000)
0
17Alerus Financial 6 83%16%
  • 67%
  • (181,000 / $270,000)
  • 406%
  • (130,000 / $32,000)
18Taylor, Bean & Whitaker 5 100%0%
  • 307%
  • (117,000 / $38,000)
0
19Gmac Mortgage Llc 5 0%0% 0 0
20C.U. Mortgage Services, 5 20%60%
  • 164%
  • (127,000 / $77,000)
  • 364%
  • (124,000 / $34,000)

Badoura, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 520
  2. Loan Applications Denied: 68
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 382
  5. % of Loan Applications Originated 73

Badoura, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Debt-to-income ratio12
Collateral12
Credit history9
Credit application incomplete2
Unverifiable information1

Badoura, 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 - $100,000136 6521
$100,000 - $300,000329 769
$300,000 - $500,00051 6915
$500,000 - $1,000,0004 1000

Badoura, 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 - $100,000334 6817
$100,000 - $300,000151 825
$300,000 - $500,00016 626
$500,000 - $1,000,00012 7416
$1,000,000 - $1,500,0006 820
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Badoura, 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%2377 8
30 - 60%4868 12
60 - 100%5775 14
100 - 200%16278 8
200 - 300%10773 14
300 - 400%7571 13
> 400%4855 27

Badoura, 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 Dwelling321 7017
Not Owner-Occupied As A Principal Dwelling188 786

Home Owner Property Type Statistics in Badoura, 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)486 7313
One To Four-Family22 770
Manufactured Housing12 7516
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