Top Birchwood Village, MN Mortgage Lenders

RankBirchwood Village Mortgage LenderBirchwood Village Home Loans ProcessedBirchwood Village Home Loans ApprovedBirchwood Village Home Loans DeniedBirchwood Village Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBirchwood Village Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 407 74%7%
  • 176%
  • (256,000 Loan / $145,000 Income)
  • 259%
  • (278,000 Loan / $107,000 Income)
2Us Bank 121 78%5%
  • 219%
  • (344,000 / $157,000)
  • 376%
  • (252,000 / $67,000)
3Jpmorgan Chase Bank 121 91%7%
  • 225%
  • (54,000 / $24,000)
  • 162%
  • (203,000 / $125,000)
4Citimortgage 60 81%11%
  • 184%
  • (368,000 / $199,000)
  • 314%
  • (1,219,000 / $388,000)
5Affinity Plus Federal Credit U 59 79%1%
  • 91%
  • (124,000 / $135,000)
  • 290%
  • (125,000 / $43,000)
6Tcf National Bank 52 17%32%
  • 236%
  • (137,000 / $58,000)
  • 272%
  • (311,000 / $114,000)
7Phh Home Loans 49 91%4%
  • 285%
  • (183,000 / $64,000)
  • 173%
  • (236,000 / $136,000)
8Wells Fargo Funding 39 100%0%
  • 228%
  • (332,000 / $145,000)
0
9Provident Funding Associates 37 75%2%
  • 194%
  • (214,000 / $110,000)
  • 111%
  • (250,000 / $225,000)
10Us Bk Na Nd 36 55%33%
  • 147%
  • (124,000 / $84,000)
  • 229%
  • (140,000 / $61,000)
11Countrywide Bank Fsb 36 72%16%
  • 239%
  • (338,000 / $141,000)
  • 375%
  • (417,000 / $111,000)
12Bank Of America 35 71%8%
  • 200%
  • (140,000 / $70,000)
  • 196%
  • (379,000 / $193,000)
13St. Paul Postal Employees Cu 31 70%16%
  • 232%
  • (321,000 / $138,000)
  • 290%
  • (290,000 / $100,000)
14Quicken Loans 31 80%12%
  • 237%
  • (237,000 / $100,000)
  • 345%
  • (321,000 / $93,000)
15Hiway Federal Credit Union 29 86%0%
  • 125%
  • (200,000 / $160,000)
0
16The Business Bank 25 100%0%
  • 192%
  • (194,000 / $101,000)
0
17Bell America Mortgage Llc Dba 24 75%0%
  • 262%
  • (305,000 / $116,000)
0
18Bremer Bank Na (Twin Cities) 23 82%0%
  • 169%
  • (258,000 / $152,000)
0
19C.U. Mortgage Services, 22 72%9%
  • 164%
  • (197,000 / $120,000)
  • 291%
  • (300,000 / $103,000)
20Alerus Financial 18 100%0%
  • 236%
  • (305,000 / $129,000)
0

Birchwood Village, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,920
  2. Loan Applications Denied: 193
  3. % of Loan Applications Denied: 10
  4. # of Loan Originations: 1,429
  5. % of Loan Applications Originated 74

Birchwood Village, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Debt-to-income ratio10
Credit history9
Credit application incomplete4
Unverifiable information2

Birchwood Village, 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 - $100,000236 7011
$100,000 - $300,0001,144 768
$300,000 - $500,000482 7210
$500,000 - $1,000,00049 5024
$1,000,000 - $1,500,0009 4422

Birchwood Village, 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 - $100,000827 7112
$100,000 - $300,0001,038 767
$300,000 - $500,00044 639
$500,000 - $1,000,0006 660
$1,000,000 - $1,500,0005 6020

Loan to Income Ratios Research for Mortgage in Birchwood Village, 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%6369 11
30 - 60%7271 12
60 - 100%14481 4
100 - 200%59577 7
200 - 300%56776 7
300 - 400%31368 12
> 400%16659 24

Birchwood Village, 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 Dwelling1,888 749
Not Owner-Occupied As A Principal Dwelling29 6820

Home Owner Property Type Statistics in Birchwood Village, 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)1,849 7410
One To Four-Family71 805
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