Top Breckenridge, MN Mortgage Lenders

RankBreckenridge Mortgage LenderBreckenridge Home Loans ProcessedBreckenridge Home Loans ApprovedBreckenridge Home Loans DeniedBreckenridge Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBreckenridge Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 5,082 66%15%
  • 189%
  • (350,000 Loan / $185,000 Income)
  • 190%
  • (297,000 Loan / $156,000 Income)
2Jpmorgan Chase Bank 1,312 85%12%
  • 215%
  • (149,000 / $69,000)
  • 214%
  • (118,000 / $55,000)
3Affinity Plus Federal Credit U 1,267 66%5%
  • 132%
  • (163,000 / $123,000)
  • 231%
  • (155,000 / $67,000)
4Us Bank 1,073 80%12%
  • 207%
  • (212,000 / $102,000)
  • 228%
  • (233,000 / $102,000)
5Bank Of America 797 76%14%
  • 226%
  • (224,000 / $99,000)
  • 249%
  • (172,000 / $69,000)
6Citimortgage 755 81%8%
  • 218%
  • (109,000 / $50,000)
  • 310%
  • (236,000 / $76,000)
7Countrywide Bank Fsb 604 69%19%
  • 220%
  • (132,000 / $60,000)
  • 269%
  • (202,000 / $75,000)
8Mortgage Guaranty Insurance Co 438 72%8%
  • 237%
  • (128,000 / $54,000)
  • 215%
  • (71,000 / $33,000)
9Wells Fargo Funding 400 97%2%
  • 179%
  • (140,000 / $78,000)
  • 201%
  • (159,000 / $79,000)
10Kleinbank 361 76%11%
  • 138%
  • (65,000 / $47,000)
  • 184%
  • (48,000 / $26,000)
11Countrywide Home Loans 353 81%13%
  • 220%
  • (238,000 / $108,000)
  • 236%
  • (170,000 / $72,000)
12Beneficial Company Llc 334 5%82%
  • 157%
  • (150,000 / $95,000)
  • 236%
  • (130,000 / $55,000)
13Embrace Home Loans, 307 6%46%
  • 247%
  • (99,000 / $40,000)
  • 245%
  • (76,000 / $31,000)
14Genworth Mortgage Insurance Co 294 71%3%
  • 216%
  • (156,000 / $72,000)
  • 210%
  • (179,000 / $85,000)
15Northview Bank 267 62%22%
  • 150%
  • (66,000 / $44,000)
  • 214%
  • (90,000 / $42,000)
16Eastwood Bank 264 72%12%
  • 185%
  • (113,000 / $61,000)
  • 246%
  • (276,000 / $112,000)
17State Bank & Trust 263 72%14%
  • 139%
  • (417,000 / $300,000)
  • 157%
  • (77,000 / $49,000)
18Phh Mortgage Corporation 261 76%4%
  • 217%
  • (163,000 / $75,000)
  • 240%
  • (36,000 / $15,000)
19United Guaranty Corporation 257 75%7%
  • 230%
  • (194,000 / $84,000)
  • 251%
  • (166,000 / $66,000)
20Us Bank North Dakota 244 33%45%
  • 161%
  • (662,000 / $411,000)
  • 171%
  • (115,000 / $67,000)

Breckenridge, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 28,729
  2. Loan Applications Denied: 4,958
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 18,897
  5. % of Loan Applications Originated 65

Breckenridge, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history11
Debt-to-income ratio9
Credit application incomplete3
Unverifiable information1

Breckenridge, 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 - $100,00010,184 6319
$100,000 - $300,00016,367 6515
$300,000 - $500,0001,934 6615
$500,000 - $1,000,000207 6619
$1,000,000 - $1,500,00031 6419
$1,500,000 - $2,000,0003 660
> $2,000,0003 660

Breckenridge, 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 - $100,00021,759 6218
$100,000 - $300,0006,276 7211
$300,000 - $500,000445 7313
$500,000 - $1,000,000195 787
$1,000,000 - $1,500,00036 7219
$1,500,000 - $2,000,0008 750
> $2,000,00010 8010

Loan to Income Ratios Research for Mortgage in Breckenridge, 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%1,23964 21
30 - 60%1,73565 19
60 - 100%2,65969 15
100 - 200%8,98669 13
200 - 300%7,65464 16
300 - 400%3,91862 19
> 400%2,53851 28

Breckenridge, 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 Dwelling24,740 6418
Not Owner-Occupied As A Principal Dwelling3,825 7512
Not Applicable39 5620

Home Owner Property Type Statistics in Breckenridge, 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)26,478 6517
One To Four-Family1,553 755
Manufactured Housing698 5130
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