Top Brooklyn Center, MN Mortgage Lenders

RankBrooklyn Center Mortgage LenderBrooklyn Center Home Loans ProcessedBrooklyn Center Home Loans ApprovedBrooklyn Center Home Loans DeniedBrooklyn Center Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBrooklyn Center Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 3,575 62%20%
  • 203%
  • (122,000 Loan / $60,000 Income)
  • 168%
  • (168,000 Loan / $100,000 Income)
2Jpmorgan Chase Bank 842 86%12%
  • 190%
  • (152,000 / $80,000)
  • 193%
  • (139,000 / $72,000)
3Us Bank 684 76%13%
  • 237%
  • (152,000 / $64,000)
  • 250%
  • (240,000 / $96,000)
4Citimortgage 667 81%7%
  • 236%
  • (168,000 / $71,000)
  • 225%
  • (196,000 / $87,000)
5Gate City Bank 640 79%7%
  • 144%
  • (153,000 / $106,000)
  • 76%
  • (10,000 / $13,000)
6Bremer Bank Na (Grand Forks) 613 88%2%
  • 149%
  • (200,000 / $134,000)
  • 89%
  • (67,000 / $75,000)
7Tcf National Bank 609 29%49%
  • 175%
  • (21,000 / $12,000)
  • 276%
  • (213,000 / $77,000)
8State Bank & Trust 602 81%7%
  • 132%
  • (73,000 / $55,000)
  • 181%
  • (125,000 / $69,000)
9Countrywide Bank Fsb 536 66%19%
  • 246%
  • (79,000 / $32,000)
  • 286%
  • (172,000 / $60,000)
10Merchants Bank 512 76%7%
  • 166%
  • (250,000 / $150,000)
  • 255%
  • (138,000 / $54,000)
11Mortgage Guaranty Insurance Co 474 70%7%
  • 252%
  • (106,000 / $42,000)
  • 296%
  • (175,000 / $59,000)
12Bank Of America 462 75%13%
  • 226%
  • (147,000 / $65,000)
  • 240%
  • (118,000 / $49,000)
13Affinity Plus Federal Credit U 401 66%3%
  • 130%
  • (52,000 / $40,000)
  • 180%
  • (81,000 / $45,000)
14Wells Fargo Funding 375 99%0%
  • 214%
  • (58,000 / $27,000)
  • 203%
  • (116,000 / $57,000)
15Altra Federal Credit Union 317 80%3%
  • 166%
  • (40,000 / $24,000)
  • 280%
  • (154,000 / $55,000)
16Citibank 315 75%12%
  • 123%
  • (89,000 / $72,000)
  • 124%
  • (46,000 / $37,000)
17Countrywide Home Loans 307 72%18%
  • 252%
  • (232,000 / $92,000)
  • 310%
  • (143,000 / $46,000)
18Genworth Mortgage Insurance Co 273 69%4%
  • 277%
  • (133,000 / $48,000)
  • 265%
  • (138,000 / $52,000)
19Us Bank North Dakota 268 30%45%
  • 139%
  • (64,000 / $46,000)
  • 152%
  • (87,000 / $57,000)
20United Guaranty Corporation 268 79%2%
  • 254%
  • (232,000 / $91,000)
  • 261%
  • (81,000 / $31,000)

Brooklyn Center, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 24,342
  2. Loan Applications Denied: 4,607
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 15,545
  5. % of Loan Applications Originated 63

Brooklyn Center, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history13
Collateral11
Debt-to-income ratio9
Credit application incomplete3
Unverifiable information1

Brooklyn Center, 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 - $100,0009,236 6419
$100,000 - $300,00014,880 6218
$300,000 - $500,000197 5520
$500,000 - $1,000,00028 5317
$1,000,000 - $1,500,0001 0100

Brooklyn Center, 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 - $100,00021,242 6219
$100,000 - $300,0002,929 6913
$300,000 - $500,000107 6813
$500,000 - $1,000,00048 648
$1,000,000 - $1,500,0009 3344
$1,500,000 - $2,000,0004 500
> $2,000,0003 660

Loan to Income Ratios Research for Mortgage in Brooklyn Center, 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%1,49963 21
30 - 60%1,53160 22
60 - 100%2,04363 18
100 - 200%6,22467 14
200 - 300%6,56366 16
300 - 400%4,04460 19
> 400%2,43848 32

Brooklyn Center, 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 Dwelling23,018 6318
Not Owner-Occupied As A Principal Dwelling1,254 6319
Not Applicable18 5522

Home Owner Property Type Statistics in Brooklyn Center, 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)22,567 6319
One To Four-Family1,611 734
Manufactured Housing164 4637
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