Top Baytown, MN Mortgage Lenders

RankBaytown Mortgage LenderBaytown Home Loans ProcessedBaytown Home Loans ApprovedBaytown Home Loans DeniedBaytown Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBaytown Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,786 69%11%
  • 203%
  • (120,000 Loan / $59,000 Income)
  • 225%
  • (300,000 Loan / $133,000 Income)
2Us Bank 442 76%12%
  • 237%
  • (640,000 / $269,000)
  • 291%
  • (350,000 / $120,000)
3Jpmorgan Chase Bank 439 88%9%
  • 211%
  • (163,000 / $77,000)
  • 259%
  • (324,000 / $125,000)
4Citimortgage 254 84%5%
  • 218%
  • (238,000 / $109,000)
  • 294%
  • (412,000 / $140,000)
5Bank Of America 248 84%7%
  • 219%
  • (230,000 / $105,000)
  • 281%
  • (239,000 / $85,000)
6Lake Elmo Bank 222 75%10%
  • 156%
  • (160,000 / $102,000)
  • 259%
  • (135,000 / $52,000)
7Affinity Plus Federal Credit U 152 68%1%
  • 154%
  • (335,000 / $217,000)
  • 625%
  • (400,000 / $64,000)
8Tcf National Bank 147 22%34%
  • 241%
  • (75,000 / $31,000)
  • 326%
  • (268,000 / $82,000)
9Countrywide Bank Fsb 146 73%15%
  • 213%
  • (417,000 / $195,000)
  • 302%
  • (417,000 / $138,000)
10Citibank 145 73%13%
  • 206%
  • (198,000 / $96,000)
  • 127%
  • (399,000 / $312,000)
11Wells Fargo Funding 144 94%4%
  • 263%
  • (348,000 / $132,000)
  • 362%
  • (895,000 / $247,000)
12The Business Bank 143 92%6%
  • 241%
  • (362,000 / $150,000)
  • 199%
  • (255,000 / $128,000)
13First State Bank And Trust 141 65%21%
  • 168%
  • (125,000 / $74,000)
  • 241%
  • (150,000 / $62,000)
14Provident Funding Associates 128 68%20%
  • 264%
  • (333,000 / $126,000)
  • 325%
  • (234,000 / $72,000)
15Central Bank 111 49%11%
  • 209%
  • (92,000 / $44,000)
  • 314%
  • (110,000 / $35,000)
16Us Bk Na Nd 109 58%32%
  • 127%
  • (89,000 / $70,000)
  • 210%
  • (84,000 / $40,000)
17Phh Home Loans 108 86%3%
  • 260%
  • (417,000 / $160,000)
  • 166%
  • (417,000 / $250,000)
18Bell America Mortgage Llc Dba 84 63%0%
  • 309%
  • (167,000 / $54,000)
0
19State Bank & Trust 75 74%5%
  • 253%
  • (357,000 / $141,000)
  • 289%
  • (113,000 / $39,000)
20United Guaranty Corporation 73 67%8%
  • 262%
  • (417,000 / $159,000)
  • 325%
  • (394,000 / $121,000)

Baytown, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 8,240
  2. Loan Applications Denied: 1,025
  3. % of Loan Applications Denied: 12
  4. # of Loan Originations: 5,794
  5. % of Loan Applications Originated 70

Baytown, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Debt-to-income ratio12
Credit history7
Credit application incomplete4
Unverifiable information2

Baytown, 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 - $100,0001,122 6517
$100,000 - $300,0004,356 6911
$300,000 - $500,0002,467 7310
$500,000 - $1,000,000277 4826
$1,000,000 - $1,500,00016 6818
$1,500,000 - $2,000,0002 0100

Baytown, 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 - $100,0003,909 6515
$100,000 - $300,0003,936 749
$300,000 - $500,000270 7211
$500,000 - $1,000,00096 6212
$1,000,000 - $1,500,00016 6818
$1,500,000 - $2,000,0006 4933
> $2,000,0007 990

Loan to Income Ratios Research for Mortgage in Baytown, 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%25064 21
30 - 60%38567 14
60 - 100%60972 10
100 - 200%2,21975 8
200 - 300%2,38070 11
300 - 400%1,36867 13
> 400%1,02957 21

Baytown, 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 Dwelling7,963 7012
Not Owner-Occupied As A Principal Dwelling252 6019
Not Applicable5 400

Home Owner Property Type Statistics in Baytown, 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)7,918 7012
One To Four-Family272 707
Manufactured Housing50 4228
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