Top Boxville, MN Mortgage Lenders

RankBoxville Mortgage LenderBoxville Home Loans ProcessedBoxville Home Loans ApprovedBoxville Home Loans DeniedBoxville Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBoxville Mortgage Median LTR for Denied Loans
1Bremer Bank Na (Grand Forks) 88 76%7%
  • 113%
  • (66,000 Loan / $58,000 Income)
  • 60%
  • (35,000 Loan / $58,000 Income)
2Community Bank Of The Rrv 48 87%10%
  • 108%
  • (64,000 / $59,000)
  • 163%
  • (67,000 / $41,000)
3Wells Fargo Bank 38 52%15%
  • 175%
  • (91,000 / $52,000)
  • 71%
  • (75,000 / $105,000)
4Jpmorgan Chase Bank 29 82%13%
  • 178%
  • (132,000 / $74,000)
  • 274%
  • (85,000 / $31,000)
5American Federal Bank 22 59%31%
  • 107%
  • (104,000 / $97,000)
  • 121%
  • (68,000 / $56,000)
6Alerus Financial 19 78%21%
  • 166%
  • (60,000 / $36,000)
  • 12%
  • (5,000 / $40,000)
7Citimortgage 18 94%5% 0
  • 263%
  • (108,000 / $41,000)
8Mortgage Guaranty Insurance Co 16 87%0%
  • 159%
  • (206,000 / $129,000)
0
9Embrace Home Loans, 16 6%18%
  • 175%
  • (56,000 / $32,000)
  • 63%
  • (71,000 / $111,000)
10Us Bank 14 64%28%
  • 151%
  • (68,000 / $45,000)
  • 306%
  • (248,000 / $81,000)
11Frandsen Bank & Trust 12 91%8%
  • 95%
  • (93,000 / $97,000)
  • 80%
  • (48,000 / $60,000)
12Citifinancial Services Inc 12 58%41%
  • 127%
  • (51,000 / $40,000)
  • 117%
  • (46,000 / $39,000)
13Countrywide Bank Fsb 10 90%10%
  • 158%
  • (68,000 / $43,000)
  • 392%
  • (110,000 / $28,000)
14Beneficial Company Llc 9 11%88%
  • 120%
  • (58,000 / $48,000)
  • 195%
  • (92,000 / $47,000)
15Countrywide Home Loans 8 37%37%
  • 120%
  • (76,000 / $63,000)
  • 213%
  • (92,000 / $43,000)
16Us Bank North Dakota 7 42%42%
  • 121%
  • (92,000 / $76,000)
  • 21%
  • (20,000 / $93,000)
17Republic Mortgage Insurance Co 7 85%0%
  • 176%
  • (37,000 / $21,000)
0
18Radian Guaranty 7 57%0%
  • 187%
  • (92,000 / $49,000)
0
19Gate City Bank 7 85%0%
  • 202%
  • (69,000 / $34,000)
0
20Us Bk Na Nd 6 50%50%
  • 48%
  • (62,000 / $128,000)
  • 152%
  • (52,000 / $34,000)

Boxville, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 497
  2. Loan Applications Denied: 84
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 339
  5. % of Loan Applications Originated 68

Boxville, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history14
Collateral11
Debt-to-income ratio5
Unverifiable information1
Credit application incomplete1

Boxville, 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 - $100,000376 6618
$100,000 - $300,000115 7211
$300,000 - $500,0006 5033

Boxville, 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 - $100,000458 6717
$100,000 - $300,00038 7015
$1,000,000 - $1,500,0001 00

Loan to Income Ratios Research for Mortgage in Boxville, 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%2951 34
30 - 60%5471 20
60 - 100%7366 17
100 - 200%21871 12
200 - 300%8567 14
300 - 400%2653 26
> 400%1258 33

Boxville, 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 Dwelling488 6817
Not Owner-Occupied As A Principal Dwelling9 7711

Home Owner Property Type Statistics in Boxville, 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)441 6718
One To Four-Family43 762
Manufactured Housing13 6923
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