Top Bernadotte, MN Mortgage Lenders

RankBernadotte Mortgage LenderBernadotte Home Loans ProcessedBernadotte Home Loans ApprovedBernadotte Home Loans DeniedBernadotte Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBernadotte Mortgage Median LTR for Denied Loans
1Frandsen Bank & Trust 83 96%1%
  • 149%
  • (187,000 Loan / $125,000 Income)
  • 183%
  • (198,000 Loan / $108,000 Income)
2Alliance Bank 78 91%1%
  • 153%
  • (225,000 / $147,000)
  • 209%
  • (149,000 / $71,000)
3Citizens Bank Minnesota 69 89%4%
  • 166%
  • (60,000 / $36,000)
  • 204%
  • (248,000 / $121,000)
4Wells Fargo Bank 68 67%23%
  • 206%
  • (217,000 / $105,000)
  • 194%
  • (70,000 / $36,000)
5Mortgage Guaranty Insurance Co 17 70%17%
  • 226%
  • (292,000 / $129,000)
  • 182%
  • (144,000 / $79,000)
6Agstar Financial Services 11 54%18%
  • 190%
  • (162,000 / $85,000)
  • 360%
  • (108,000 / $30,000)
7United Prairie Bank 10 90%0%
  • 338%
  • (220,000 / $65,000)
0
8Countrywide Bank Fsb 10 60%10%
  • 287%
  • (201,000 / $70,000)
  • 258%
  • (93,000 / $36,000)
9Jpmorgan Chase Bank 9 88%11%
  • 1894%
  • (341,000 / $18,000)
  • 105%
  • (79,000 / $75,000)
10Affinity Plus Federal Credit U 9 55%0%
  • 84%
  • (84,000 / $99,000)
0
11Tcf National Bank 8 37%37%
  • 207%
  • (58,000 / $28,000)
  • 240%
  • (185,000 / $77,000)
12Genworth Mortgage Insurance Co 8 37%0%
  • 301%
  • (280,000 / $93,000)
0
13Citibank 8 75%25%
  • 93%
  • (98,000 / $105,000)
  • 768%
  • (123,000 / $16,000)
14Beneficial Company Llc 8 0%75% 0
  • 184%
  • (120,000 / $65,000)
15Wells Fargo Fin'l Minnesota 6 16%83%
  • 98%
  • (54,000 / $55,000)
  • 166%
  • (83,000 / $50,000)
16Merchants Bank 6 100%0%
  • 267%
  • (174,000 / $65,000)
0
17Cmg Mortgage Insurance Co. 6 100%0%
  • 202%
  • (69,000 / $34,000)
0
18Citimortgage 6 100%0%
  • 166%
  • (175,000 / $105,000)
0
19Phh Mortgage Corporation 5 100%0%
  • 228%
  • (256,000 / $112,000)
0
20First National Bank Minnesota 5 80%20%
  • 255%
  • (102,000 / $40,000)
  • 462%
  • (125,000 / $27,000)

Bernadotte, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 583
  2. Loan Applications Denied: 75
  3. % of Loan Applications Denied: 12
  4. # of Loan Originations: 426
  5. % of Loan Applications Originated 73

Bernadotte, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history10
Collateral9
Debt-to-income ratio5
Credit application incomplete4
Unverifiable information3

Bernadotte, 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 - $100,000244 7112
$100,000 - $300,000329 7313
$300,000 - $500,00010 7010

Bernadotte, 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 - $100,000482 7113
$100,000 - $300,00095 7411
$300,000 - $500,0006 1000

Loan to Income Ratios Research for Mortgage in Bernadotte, 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%2982 10
30 - 60%5768 12
60 - 100%4778 14
100 - 200%18871 11
200 - 300%17472 12
300 - 400%5078 12
> 400%3862 23

Bernadotte, 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 Dwelling560 7213
Not Owner-Occupied As A Principal Dwelling21 769
Not Applicable2 1000

Home Owner Property Type Statistics in Bernadotte, 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)540 7313
One To Four-Family40 727
Manufactured Housing3 3333
More Bernadotte, MN Mortgage Research: