Top Battle, MN Mortgage Lenders

RankBattle Mortgage LenderBattle Home Loans ProcessedBattle Home Loans ApprovedBattle Home Loans DeniedBattle Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBattle Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 52 28%46%
  • 234%
  • (101,000 Loan / $43,000 Income)
  • 119%
  • (37,000 Loan / $31,000 Income)
2Affinity Plus Federal Credit U 32 68%0%
  • 91%
  • (66,000 / $72,000)
0
3Origen Financial Services Llc 10 20%70%
  • 204%
  • (45,000 / $22,000)
  • 117%
  • (40,000 / $34,000)
4Countrywide Bank Fsb 9 55%33%
  • 224%
  • (137,000 / $61,000)
  • 206%
  • (120,000 / $58,000)
5Hfc Company Llc 7 28%42%
  • 79%
  • (113,000 / $143,000)
  • 146%
  • (60,000 / $41,000)
6Countrywide Home Loans 7 57%28%
  • 315%
  • (63,000 / $20,000)
  • 240%
  • (84,000 / $35,000)
7Beneficial Company Llc 7 0%100% 0
  • 179%
  • (86,000 / $48,000)
8Us Bank 5 60%20%
  • 136%
  • (79,000 / $58,000)
  • 151%
  • (147,000 / $97,000)
9Freedom Mortgage Corp. 4 50%50%
  • 614%
  • (86,000 / $14,000)
  • 256%
  • (177,000 / $69,000)
10Washington Mutual Bank 3 100%0%
  • 303%
  • (200,000 / $66,000)
0
11Ultima Bank Minnesota 3 100%0%
  • 1000%
  • (350,000 / $35,000)
0
12Ge Money Bank 3 33%33%
  • 8%
  • (6,000 / $73,000)
  • 193%
  • (62,000 / $32,000)
13Embrace Home Loans, 3 33%66%
  • 265%
  • (228,000 / $86,000)
  • 252%
  • (86,000 / $34,000)
14Citimortgage 3 33%0% 0 0
15American Equity Mortgage, 3 33%33%
  • 195%
  • (125,000 / $64,000)
  • 311%
  • (193,000 / $62,000)
16Wells Fargo Fin'l North Dakota 2 0%0% 0 0
17Us Bank North Dakota 2 100%0%
  • 56%
  • (30,000 / $53,000)
0
18United Guaranty Corporation 2 0%0% 0 0
19The National Bank & Trust Comp 2 100%0%
  • 38%
  • (155,000 / $404,000)
0
20Taylor, Bean & Whitaker 2 50%50%
  • 182%
  • (71,000 / $39,000)
  • 193%
  • (256,000 / $132,000)

Battle, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 235
  2. Loan Applications Denied: 84
  3. % of Loan Applications Denied: 35
  4. # of Loan Originations: 98
  5. % of Loan Applications Originated 41

Battle, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history26
Collateral18
Debt-to-income ratio16
Unverifiable information2
Insufficient cash (downpayment, closing costs)1

Battle, 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 - $100,000142 3740
$100,000 - $300,00091 4529
$300,000 - $500,0001 1000
$500,000 - $1,000,0001 1000

Battle, 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 - $100,000210 3738
$100,000 - $300,00022 6318
$300,000 - $500,0002 1000
$500,000 - $1,000,0001 1000

Loan to Income Ratios Research for Mortgage in Battle, 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%1643 56
30 - 60%2458 20
60 - 100%3043 33
100 - 200%7245 27
200 - 300%4930 46
300 - 400%2433 41
> 400%2040 35

Battle, 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 Dwelling200 3739
Not Owner-Occupied As A Principal Dwelling34 7014

Home Owner Property Type Statistics in Battle, 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)189 4431
Manufactured Housing41 2658
One To Four-Family5 400
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