Top Buse, MN Mortgage Lenders

RankBuse Mortgage LenderBuse Home Loans ProcessedBuse Home Loans ApprovedBuse Home Loans DeniedBuse Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBuse Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 792 69%14%
  • 168%
  • (150,000 Loan / $89,000 Income)
  • 151%
  • (220,000 Loan / $145,000 Income)
2Affinity Plus Federal Credit U 482 68%5%
  • 126%
  • (85,000 / $67,000)
  • 243%
  • (134,000 / $55,000)
3Gate City Bank 362 81%6%
  • 193%
  • (116,000 / $60,000)
  • 214%
  • (88,000 / $41,000)
4American Federal Bank 359 77%14%
  • 150%
  • (104,000 / $69,000)
  • 194%
  • (97,000 / $50,000)
5State Bank & Trust 303 69%13%
  • 147%
  • (125,000 / $85,000)
  • 225%
  • (176,000 / $78,000)
6Jpmorgan Chase Bank 273 90%8%
  • 240%
  • (113,000 / $47,000)
  • 220%
  • (77,000 / $35,000)
7Citimortgage 216 87%4%
  • 210%
  • (40,000 / $19,000)
  • 238%
  • (169,000 / $71,000)
8Bank Of The West 215 77%11%
  • 186%
  • (99,000 / $53,000)
  • 141%
  • (129,000 / $91,000)
9Us Bank 196 80%11%
  • 213%
  • (81,000 / $38,000)
  • 227%
  • (417,000 / $183,000)
10Mortgage Guaranty Insurance Co 124 91%3%
  • 223%
  • (143,000 / $64,000)
  • 208%
  • (119,000 / $57,000)
11Us Bk Na Nd 87 50%43%
  • 131%
  • (83,000 / $63,000)
  • 193%
  • (60,000 / $31,000)
12Genworth Mortgage Insurance Co 80 68%2%
  • 210%
  • (63,000 / $30,000)
  • 273%
  • (82,000 / $30,000)
13Citibank 79 67%20%
  • 125%
  • (125,000 / $100,000)
  • 105%
  • (79,000 / $75,000)
14Bank Of America 71 74%16%
  • 192%
  • (75,000 / $39,000)
  • 205%
  • (78,000 / $38,000)
15Midwest Bank 60 86%11%
  • 172%
  • (150,000 / $87,000)
  • 110%
  • (84,000 / $76,000)
16Embrace Home Loans, 55 12%40%
  • 255%
  • (102,000 / $40,000)
  • 181%
  • (140,000 / $77,000)
17Countrywide Bank Fsb 55 78%20%
  • 236%
  • (78,000 / $33,000)
  • 250%
  • (173,000 / $69,000)
18Beneficial Company Llc 45 4%77%
  • 340%
  • (92,000 / $27,000)
  • 202%
  • (85,000 / $42,000)
19Cmg Mortgage Insurance Co. 44 95%0%
  • 240%
  • (96,000 / $40,000)
0
20Quicken Loans 41 70%21%
  • 255%
  • (342,000 / $134,000)
  • 247%
  • (240,000 / $97,000)

Buse, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 5,005
  2. Loan Applications Denied: 730
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 3,527
  5. % of Loan Applications Originated 70

Buse, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history10
Collateral8
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Buse, 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 - $100,0002,520 6816
$100,000 - $300,0002,365 7113
$300,000 - $500,000113 697
$500,000 - $1,000,0007 7114

Buse, 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 - $100,0004,226 6815
$100,000 - $300,000733 789
$300,000 - $500,00032 746
$500,000 - $1,000,00012 918
$1,500,000 - $2,000,0002 00

Loan to Income Ratios Research for Mortgage in Buse, 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%22676 12
30 - 60%34367 16
60 - 100%43771 14
100 - 200%1,66772 12
200 - 300%1,44870 13
300 - 400%56365 17
> 400%32154 24

Buse, 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 Dwelling4,745 7014
Not Owner-Occupied As A Principal Dwelling246 7117
Not Applicable3 3333

Home Owner Property Type Statistics in Buse, 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)4,603 6915
One To Four-Family354 843
Manufactured Housing48 5231
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