Top Bena, MN Mortgage Lenders

RankBena Mortgage LenderBena Home Loans ProcessedBena Home Loans ApprovedBena Home Loans DeniedBena Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBena Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 158 58%19%
  • 173%
  • (270,000 Loan / $156,000 Income)
  • 125%
  • (99,000 Loan / $79,000 Income)
2Affinity Plus Federal Credit U 112 65%10%
  • 94%
  • (84,000 / $89,000)
  • 197%
  • (67,000 / $34,000)
3Countrywide Bank Fsb 34 52%26%
  • 217%
  • (148,000 / $68,000)
  • 233%
  • (70,000 / $30,000)
4Citimortgage 27 85%0%
  • 197%
  • (97,000 / $49,000)
0
5Jpmorgan Chase Bank 25 76%20%
  • 330%
  • (119,000 / $36,000)
  • 152%
  • (172,000 / $113,000)
6Genworth Mortgage Insurance Co 23 17%4%
  • 171%
  • (67,000 / $39,000)
  • 273%
  • (238,000 / $87,000)
7Us Bank 21 85%9%
  • 230%
  • (120,000 / $52,000)
  • 225%
  • (61,000 / $27,000)
8State Bank & Trust 21 66%9%
  • 76%
  • (100,000 / $130,000)
  • 173%
  • (263,000 / $152,000)
9American Federal Bank 20 95%5%
  • 164%
  • (89,000 / $54,000)
  • 363%
  • (222,000 / $61,000)
10Countrywide Home Loans 15 93%6%
  • 302%
  • (290,000 / $96,000)
  • 323%
  • (139,000 / $43,000)
11Bank Of America 15 60%40%
  • 200%
  • (52,000 / $26,000)
  • 99%
  • (319,000 / $321,000)
12Bank Of The West 12 83%8%
  • 300%
  • (337,000 / $112,000)
  • 32%
  • (49,000 / $152,000)
13Mortgage Guaranty Insurance Co 11 54%0%
  • 251%
  • (224,000 / $89,000)
0
14Embrace Home Loans, 11 0%54% 0
  • 417%
  • (417,000 / $100,000)
15Cmg Mortgage Insurance Co. 11 100%0%
  • 159%
  • (99,000 / $62,000)
0
16Wells Fargo Funding 9 100%0% 0 0
17Citibank 9 44%33%
  • 179%
  • (169,000 / $94,000)
  • 80%
  • (40,000 / $50,000)
18Us Bank North Dakota 8 12%62%
  • 473%
  • (246,000 / $52,000)
  • 62%
  • (100,000 / $160,000)
19United Guaranty Corporation 8 87%0%
  • 211%
  • (74,000 / $35,000)
0
20Quicken Loans 8 50%50%
  • 208%
  • (75,000 / $36,000)
  • 355%
  • (153,000 / $43,000)

Bena, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 843
  2. Loan Applications Denied: 152
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 511
  5. % of Loan Applications Originated 60

Bena, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history12
Collateral11
Debt-to-income ratio7
Unverifiable information1
Insufficient cash (downpayment, closing costs)1

Bena, 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 - $100,000356 5323
$100,000 - $300,000403 6415
$300,000 - $500,00075 746
$500,000 - $1,000,0009 4422

Bena, 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 - $100,000639 5719
$100,000 - $300,000176 6613
$300,000 - $500,00020 8515
$500,000 - $1,000,0005 800
$1,000,000 - $1,500,0002 500
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Bena, 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%4553 24
30 - 60%7065 20
60 - 100%9160 23
100 - 200%23864 16
200 - 300%21959 15
300 - 400%11255 13
> 400%6853 26

Bena, 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 Dwelling635 5818
Not Owner-Occupied As A Principal Dwelling194 7016
Not Applicable2 5050

Home Owner Property Type Statistics in Bena, 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)714 6217
Manufactured Housing66 4237
One To Four-Family63 531
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