Top Belgrade, MN Mortgage Lenders

RankBelgrade Mortgage LenderBelgrade Home Loans ProcessedBelgrade Home Loans ApprovedBelgrade Home Loans DeniedBelgrade Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBelgrade Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,410 73%10%
  • 221%
  • (144,000 Loan / $65,000 Income)
  • 215%
  • (138,000 Loan / $64,000 Income)
2Affinity Plus Federal Credit U 209 68%8%
  • 115%
  • (138,000 / $119,000)
  • 257%
  • (165,000 / $64,000)
3Wells Federal Bank 140 71%7%
  • 183%
  • (123,000 / $67,000)
  • 301%
  • (178,000 / $59,000)
4Mortgage Guaranty Insurance Co 122 76%7%
  • 257%
  • (116,000 / $45,000)
  • 295%
  • (133,000 / $45,000)
5Genworth Mortgage Insurance Co 122 67%1%
  • 251%
  • (206,000 / $82,000)
  • 443%
  • (293,000 / $66,000)
6Us Bank 119 77%10%
  • 220%
  • (159,000 / $72,000)
  • 280%
  • (168,000 / $60,000)
7Community Bank Mankato 84 96%2%
  • 205%
  • (113,000 / $55,000)
  • 75%
  • (22,000 / $29,000)
8Tcf National Bank 81 69%19%
  • 176%
  • (106,000 / $60,000)
  • 253%
  • (190,000 / $75,000)
9Wells Fargo Fin'l Minnesota 74 22%60%
  • 298%
  • (152,000 / $51,000)
  • 272%
  • (210,000 / $77,000)
10Countrywide Bank Fsb 72 73%11%
  • 225%
  • (176,000 / $78,000)
  • 298%
  • (158,000 / $53,000)
11Citimortgage 72 87%2%
  • 269%
  • (124,000 / $46,000)
  • 406%
  • (134,000 / $33,000)
12Phh Mortgage Corporation 70 95%0%
  • 219%
  • (125,000 / $57,000)
0
13United Guaranty Corporation 59 84%0%
  • 258%
  • (168,000 / $65,000)
0
14Countrywide Home Loans 52 76%11%
  • 224%
  • (110,000 / $49,000)
  • 224%
  • (112,000 / $50,000)
15Nicollet County Bank Of St. Pe 47 85%6%
  • 171%
  • (36,000 / $21,000)
  • 309%
  • (229,000 / $74,000)
16Jpmorgan Chase Bank 47 80%17%
  • 274%
  • (151,000 / $55,000)
  • 226%
  • (145,000 / $64,000)
17Radian Guaranty 44 93%0%
  • 284%
  • (148,000 / $52,000)
0
18Wells Fargo Funding 43 100%0%
  • 211%
  • (131,000 / $62,000)
0
19Us Bank North Dakota 39 41%30%
  • 136%
  • (93,000 / $68,000)
  • 104%
  • (51,000 / $49,000)
20First Financial Bank 38 92%2%
  • 155%
  • (84,000 / $54,000)
  • 458%
  • (197,000 / $43,000)

Belgrade, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,266
  2. Loan Applications Denied: 608
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 2,972
  5. % of Loan Applications Originated 69

Belgrade, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral7
Credit history7
Debt-to-income ratio5
Unverifiable information1
Credit application incomplete1

Belgrade, 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 - $100,000925 6618
$100,000 - $300,0003,176 7013
$300,000 - $500,000154 6914
$500,000 - $1,000,00011 5445

Belgrade, 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 - $100,0003,450 6715
$100,000 - $300,000776 769
$300,000 - $500,00020 855
$500,000 - $1,000,00017 575
$1,000,000 - $1,500,0002 00
> $2,000,0001 0100

Loan to Income Ratios Research for Mortgage in Belgrade, 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%15063 22
30 - 60%22763 20
60 - 100%30167 14
100 - 200%1,01675 9
200 - 300%1,41070 11
300 - 400%76267 15
> 400%40057 24

Belgrade, 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 Dwelling4,131 6914
Not Owner-Occupied As A Principal Dwelling122 769
Not Applicable2 050

Home Owner Property Type Statistics in Belgrade, 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)3,746 6915
One To Four-Family439 792
Manufactured Housing81 3941
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