Top Bagley, MN Mortgage Lenders

RankBagley Mortgage LenderBagley Home Loans ProcessedBagley Home Loans ApprovedBagley Home Loans DeniedBagley Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBagley Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 751 69%15%
  • 184%
  • (118,000 Loan / $64,000 Income)
  • 153%
  • (199,000 Loan / $130,000 Income)
2Affinity Plus Federal Credit U 214 63%6%
  • 134%
  • (74,000 / $55,000)
  • 269%
  • (70,000 / $26,000)
3North Shore Bank Of Commerce 202 85%5%
  • 206%
  • (130,000 / $63,000)
  • 162%
  • (135,000 / $83,000)
4Us Bank 144 84%9%
  • 209%
  • (92,000 / $44,000)
  • 286%
  • (126,000 / $44,000)
5Countrywide Bank Fsb 112 75%11%
  • 304%
  • (222,000 / $73,000)
  • 208%
  • (71,000 / $34,000)
6Mortgage Guaranty Insurance Co 92 77%9%
  • 247%
  • (84,000 / $34,000)
  • 182%
  • (53,000 / $29,000)
7First National Bank 91 71%17%
  • 93%
  • (125,000 / $134,000)
  • 122%
  • (99,000 / $81,000)
8Bank Of America 87 81%11%
  • 206%
  • (130,000 / $63,000)
  • 220%
  • (95,000 / $43,000)
9Jpmorgan Chase Bank 83 84%14%
  • 300%
  • (69,000 / $23,000)
  • 142%
  • (168,000 / $118,000)
10Citimortgage 67 79%8%
  • 146%
  • (160,000 / $109,000)
  • 235%
  • (73,000 / $31,000)
11Us Bank North Dakota 47 40%36%
  • 122%
  • (38,000 / $31,000)
  • 142%
  • (50,000 / $35,000)
12Countrywide Home Loans 47 82%14%
  • 162%
  • (130,000 / $80,000)
  • 187%
  • (75,000 / $40,000)
13United Guaranty Corporation 46 80%6%
  • 236%
  • (97,000 / $41,000)
  • 335%
  • (114,000 / $34,000)
14Citibank 41 68%9%
  • 115%
  • (113,000 / $98,000)
  • 217%
  • (102,000 / $47,000)
15Us Bk Na Nd 40 42%50%
  • 140%
  • (189,000 / $135,000)
  • 173%
  • (59,000 / $34,000)
16Phh Mortgage Corporation 37 86%5%
  • 215%
  • (196,000 / $91,000)
  • 394%
  • (75,000 / $19,000)
17Duluth Teachers Credit Union 37 94%2%
  • 44%
  • (15,000 / $34,000)
  • 15%
  • (5,000 / $32,000)
18Quicken Loans 34 73%26%
  • 201%
  • (181,000 / $90,000)
  • 184%
  • (207,000 / $112,000)
19Genworth Mortgage Insurance Co 31 80%6%
  • 162%
  • (65,000 / $40,000)
  • 141%
  • (147,000 / $104,000)
20Cmg Mortgage Insurance Co. 30 83%6%
  • 202%
  • (81,000 / $40,000)
  • 182%
  • (53,000 / $29,000)

Bagley, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,311
  2. Loan Applications Denied: 522
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 2,273
  5. % of Loan Applications Originated 68

Bagley, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history9
Debt-to-income ratio6
Unverifiable information2
Credit application incomplete2

Bagley, 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 - $100,0001,261 6220
$100,000 - $300,0001,913 7113
$300,000 - $500,000125 7015
$500,000 - $1,000,00012 750

Bagley, 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 - $100,0002,676 6716
$100,000 - $300,000562 7113
$300,000 - $500,00043 784
$500,000 - $1,000,00027 6525
$1,000,000 - $1,500,0001 1000
$1,500,000 - $2,000,0001 1000
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Bagley, 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%14760 25
30 - 60%19271 15
60 - 100%32365 15
100 - 200%1,05169 14
200 - 300%88770 12
300 - 400%45369 15
> 400%25859 27

Bagley, 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 Dwelling3,108 6815
Not Owner-Occupied As A Principal Dwelling182 6720
Not Applicable3 6633

Home Owner Property Type Statistics in Bagley, 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)2,976 6716
One To Four-Family259 807
Manufactured Housing76 5530
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