Top Bemidji, MN Mortgage Lenders

RankBemidji Mortgage LenderBemidji Home Loans ProcessedBemidji Home Loans ApprovedBemidji Home Loans DeniedBemidji Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBemidji Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 5,736 63%16%
  • 207%
  • (216,000 Loan / $104,000 Income)
  • 178%
  • (168,000 Loan / $94,000 Income)
2Affinity Plus Federal Credit U 2,075 61%8%
  • 127%
  • (221,000 / $173,000)
  • 263%
  • (100,000 / $38,000)
3Jpmorgan Chase Bank 1,528 82%14%
  • 229%
  • (331,000 / $144,000)
  • 219%
  • (68,000 / $31,000)
4Citimortgage 1,219 84%6%
  • 227%
  • (150,000 / $66,000)
  • 273%
  • (172,000 / $63,000)
5Countrywide Bank Fsb 1,215 71%18%
  • 212%
  • (159,000 / $75,000)
  • 266%
  • (192,000 / $72,000)
6Us Bank 845 76%13%
  • 229%
  • (172,000 / $75,000)
  • 265%
  • (114,000 / $43,000)
7Countrywide Home Loans 713 80%13%
  • 225%
  • (45,000 / $20,000)
  • 240%
  • (108,000 / $45,000)
8Mortgage Guaranty Insurance Co 711 72%8%
  • 239%
  • (275,000 / $115,000)
  • 253%
  • (109,000 / $43,000)
9Beneficial Company Llc 684 4%79%
  • 181%
  • (201,000 / $111,000)
  • 236%
  • (170,000 / $72,000)
10State Bank & Trust 656 77%9%
  • 115%
  • (190,000 / $164,000)
  • 216%
  • (115,000 / $53,000)
11Bank Of America 656 75%15%
  • 235%
  • (210,000 / $89,000)
  • 290%
  • (87,000 / $30,000)
12Bremer Bank Na (Fargo) 552 77%8%
  • 130%
  • (89,000 / $68,000)
  • 126%
  • (76,000 / $60,000)
13Genworth Mortgage Insurance Co 460 68%4%
  • 248%
  • (219,000 / $88,000)
  • 285%
  • (183,000 / $64,000)
14Wells Fargo Funding 414 99%0%
  • 265%
  • (297,000 / $112,000)
  • 605%
  • (230,000 / $38,000)
15Us Bank North Dakota 394 31%43%
  • 161%
  • (662,000 / $411,000)
  • 126%
  • (115,000 / $91,000)
16Citibank 391 74%16%
  • 70%
  • (75,000 / $106,000)
  • 71%
  • (25,000 / $35,000)
17Wells Fargo Fin'l Minnesota 388 18%49%
  • 208%
  • (121,000 / $58,000)
  • 224%
  • (65,000 / $29,000)
18Hfc Company Llc 346 6%77%
  • 185%
  • (78,000 / $42,000)
  • 224%
  • (168,000 / $75,000)
19United Guaranty Corporation 333 74%6%
  • 240%
  • (180,000 / $75,000)
  • 251%
  • (166,000 / $66,000)
20Kleinbank 327 74%13%
  • 138%
  • (133,000 / $96,000)
  • 209%
  • (69,000 / $33,000)

Bemidji, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 35,526
  2. Loan Applications Denied: 6,504
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 22,580
  5. % of Loan Applications Originated 63

Bemidji, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history10
Debt-to-income ratio8
Credit application incomplete3
Unverifiable information1

Bemidji, 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 - $100,00012,959 6120
$100,000 - $300,00020,260 6317
$300,000 - $500,0002,064 6416
$500,000 - $1,000,000207 6322
$1,000,000 - $1,500,00027 5825
$1,500,000 - $2,000,0006 330
> $2,000,0003 660

Bemidji, 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 - $100,00028,609 6019
$100,000 - $300,0006,251 7012
$300,000 - $500,000447 7213
$500,000 - $1,000,000168 748
$1,000,000 - $1,500,00035 738
$1,500,000 - $2,000,0004 750
> $2,000,00012 748

Loan to Income Ratios Research for Mortgage in Bemidji, 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%1,71864 20
30 - 60%2,38063 20
60 - 100%2,95665 17
100 - 200%9,64066 14
200 - 300%9,74764 16
300 - 400%5,46561 19
> 400%3,62049 28

Bemidji, 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 Dwelling31,440 6219
Not Owner-Occupied As A Principal Dwelling3,835 7412
Not Applicable62 5419

Home Owner Property Type Statistics in Bemidji, 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)32,114 6318
One To Four-Family2,451 745
Manufactured Housing961 5031
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