Top Burke, MN Mortgage Lenders

RankBurke Mortgage LenderBurke Home Loans ProcessedBurke Home Loans ApprovedBurke Home Loans DeniedBurke Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBurke Mortgage Median LTR for Denied Loans
1Agstar Financial Services 48 72%4%
  • 133%
  • (225,000 Loan / $169,000 Income)
  • 275%
  • (190,000 Loan / $69,000 Income)
2Wells Fargo Bank 39 48%28%
  • 173%
  • (59,000 / $34,000)
  • 149%
  • (100,000 / $67,000)
3Jpmorgan Chase Bank 37 83%16%
  • 196%
  • (57,000 / $29,000)
  • 235%
  • (33,000 / $14,000)
4Mortgage Guaranty Insurance Co 24 79%4%
  • 169%
  • (88,000 / $52,000)
  • 208%
  • (104,000 / $50,000)
5Taylor, Bean & Whitaker 21 100%0%
  • 237%
  • (64,000 / $27,000)
0
6Citimortgage 16 68%6%
  • 134%
  • (191,000 / $142,000)
  • 224%
  • (128,000 / $57,000)
7Embrace Home Loans, 14 14%42%
  • 283%
  • (34,000 / $12,000)
  • 222%
  • (80,000 / $36,000)
8Beneficial Company Llc 12 8%50%
  • 213%
  • (96,000 / $45,000)
  • 256%
  • (95,000 / $37,000)
9Bank Of America 12 83%8%
  • 216%
  • (106,000 / $49,000)
  • 125%
  • (100,000 / $80,000)
10Genworth Mortgage Insurance Co 11 63%0%
  • 153%
  • (95,000 / $62,000)
0
11First Premier Bank 10 90%0%
  • 180%
  • (123,000 / $68,000)
0
12Countrywide Home Loans 10 60%40%
  • 138%
  • (18,000 / $13,000)
  • 220%
  • (55,000 / $25,000)
13United Guaranty Corporation 9 66%11%
  • 138%
  • (18,000 / $13,000)
  • 138%
  • (18,000 / $13,000)
14Suntrust Mortgage 7 85%14%
  • 221%
  • (51,000 / $23,000)
  • 315%
  • (63,000 / $20,000)
15Gmac Mortgage Llc 7 0%85% 0
  • 285%
  • (100,000 / $35,000)
16First Nlc Financial Services, 7 0%14% 0
  • 535%
  • (75,000 / $14,000)
17Countrywide Bank Fsb 7 57%28%
  • 274%
  • (107,000 / $39,000)
  • 453%
  • (145,000 / $32,000)
18Summit Mortgage Corporation 6 83%0%
  • 136%
  • (101,000 / $74,000)
0
19Plains Commerce Bank 6 33%50%
  • 125%
  • (99,000 / $79,000)
  • 181%
  • (80,000 / $44,000)
20Nycb Mortgage Company Llc 6 100%0%
  • 171%
  • (144,000 / $84,000)
0

Burke, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 489
  2. Loan Applications Denied: 96
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 297
  5. % of Loan Applications Originated 60

Burke, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history9
Collateral7
Debt-to-income ratio4
Credit application incomplete3
Unverifiable information2

Burke, 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 - $100,000269 5822
$100,000 - $300,000208 6315
$300,000 - $500,0008 6237
$500,000 - $1,000,0004 500

Burke, 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 - $100,000423 5821
$100,000 - $300,00052 6813
$300,000 - $500,0003 1000
$500,000 - $1,000,00010 900
> $2,000,0001 00

Loan to Income Ratios Research for Mortgage in Burke, 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%2849 32
30 - 60%2142 14
60 - 100%6372 12
100 - 200%18664 16
200 - 300%13459 19
300 - 400%3545 34
> 400%2249 31

Burke, 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 Dwelling476 6019
Not Owner-Occupied As A Principal Dwelling10 7010
Not Applicable2 050

Home Owner Property Type Statistics in Burke, 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)425 5921
One To Four-Family56 753
Manufactured Housing8 5012
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