Top Braham, MN Mortgage Lenders

RankBraham Mortgage LenderBraham Home Loans ProcessedBraham Home Loans ApprovedBraham Home Loans DeniedBraham Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBraham Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,102 62%18%
  • 206%
  • (103,000 Loan / $50,000 Income)
  • 185%
  • (132,000 Loan / $71,000 Income)
2Affinity Plus Federal Credit U 404 64%6%
  • 115%
  • (127,000 / $110,000)
  • 288%
  • (52,000 / $18,000)
3Jpmorgan Chase Bank 315 77%18%
  • 239%
  • (318,000 / $133,000)
  • 212%
  • (70,000 / $33,000)
4Citimortgage 241 81%8%
  • 191%
  • (140,000 / $73,000)
  • 263%
  • (108,000 / $41,000)
5Countrywide Bank Fsb 224 64%22%
  • 212%
  • (100,000 / $47,000)
  • 256%
  • (95,000 / $37,000)
6Us Bank 209 69%20%
  • 215%
  • (127,000 / $59,000)
  • 244%
  • (159,000 / $65,000)
7Us Bank North Dakota 160 37%43%
  • 132%
  • (78,000 / $59,000)
  • 172%
  • (150,000 / $87,000)
8Countrywide Home Loans 149 69%22%
  • 209%
  • (115,000 / $55,000)
  • 158%
  • (152,000 / $96,000)
9Mortgage Guaranty Insurance Co 142 71%11%
  • 240%
  • (125,000 / $52,000)
  • 261%
  • (136,000 / $52,000)
10Bank Of America 141 69%19%
  • 219%
  • (114,000 / $52,000)
  • 260%
  • (195,000 / $75,000)
11Beneficial Company Llc 137 4%78%
  • 168%
  • (27,000 / $16,000)
  • 233%
  • (180,000 / $77,000)
12Genworth Mortgage Insurance Co 133 53%4%
  • 211%
  • (74,000 / $35,000)
  • 233%
  • (280,000 / $120,000)
13Phh Mortgage Corporation 113 77%8%
  • 232%
  • (205,000 / $88,000)
  • 261%
  • (110,000 / $42,000)
14American Bank Of The North 103 79%12%
  • 127%
  • (130,000 / $102,000)
  • 127%
  • (145,000 / $114,000)
15Citifinancial Services Inc 91 31%46%
  • 166%
  • (45,000 / $27,000)
  • 145%
  • (58,000 / $40,000)
16Agstar Financial Services 82 63%7%
  • 206%
  • (66,000 / $32,000)
  • 308%
  • (219,000 / $71,000)
17Wells Fargo Fin'l Minnesota 79 17%50%
  • 229%
  • (85,000 / $37,000)
  • 280%
  • (210,000 / $75,000)
18Citibank 79 78%16%
  • 81%
  • (77,000 / $95,000)
  • 76%
  • (104,000 / $136,000)
19C.U. Mortgage Services, 77 55%19%
  • 196%
  • (100,000 / $51,000)
  • 259%
  • (223,000 / $86,000)
20Bremer Bank Na (Grand Forks) 76 76%9%
  • 111%
  • (40,000 / $36,000)
  • 60%
  • (35,000 / $58,000)

Braham, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 7,616
  2. Loan Applications Denied: 1,500
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 4,696
  5. % of Loan Applications Originated 61

Braham, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Credit history11
Debt-to-income ratio8
Credit application incomplete3
Unverifiable information2

Braham, 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 - $100,0002,792 6319
$100,000 - $300,0004,390 6019
$300,000 - $500,000402 5519
$500,000 - $1,000,00031 5729
$1,000,000 - $1,500,0001 1000

Braham, 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 - $100,0006,263 6020
$100,000 - $300,0001,259 6417
$300,000 - $500,00070 6315
$500,000 - $1,000,00014 4935
$1,000,000 - $1,500,0003 6633
$1,500,000 - $2,000,0001 1000
> $2,000,0006 1000

Loan to Income Ratios Research for Mortgage in Braham, 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%30360 25
30 - 60%46960 20
60 - 100%66166 17
100 - 200%2,14364 17
200 - 300%2,01463 17
300 - 400%1,23159 19
> 400%79546 30

Braham, 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 Dwelling6,831 6020
Not Owner-Occupied As A Principal Dwelling739 7017
Not Applicable9 4433

Home Owner Property Type Statistics in Braham, 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)6,813 6120
One To Four-Family533 706
Manufactured Housing270 5230
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