Top Carlos, MN Mortgage Lenders

RankCarlos Mortgage LenderCarlos Home Loans ProcessedCarlos Home Loans ApprovedCarlos Home Loans DeniedCarlos Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCarlos Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 684 71%13%
  • 205%
  • (150,000 Loan / $73,000 Income)
  • 225%
  • (320,000 Loan / $142,000 Income)
2Jpmorgan Chase Bank 255 88%9%
  • 205%
  • (275,000 / $134,000)
  • 207%
  • (145,000 / $70,000)
3Citimortgage 176 93%2%
  • 198%
  • (133,000 / $67,000)
  • 382%
  • (268,000 / $70,000)
4Countrywide Bank Fsb 148 74%18%
  • 242%
  • (148,000 / $61,000)
  • 285%
  • (280,000 / $98,000)
5State Bank & Trust 125 71%8%
  • 148%
  • (114,000 / $77,000)
  • 214%
  • (131,000 / $61,000)
6Us Bank 102 84%9%
  • 260%
  • (237,000 / $91,000)
  • 235%
  • (210,000 / $89,000)
7Bank Of America 89 71%14%
  • 253%
  • (218,000 / $86,000)
  • 313%
  • (144,000 / $46,000)
8Countrywide Home Loans 80 83%11%
  • 220%
  • (264,000 / $120,000)
  • 225%
  • (63,000 / $28,000)
9Citibank 55 70%20%
  • 145%
  • (290,000 / $200,000)
  • 140%
  • (152,000 / $108,000)
10Beneficial Company Llc 47 6%70%
  • 321%
  • (148,000 / $46,000)
  • 309%
  • (198,000 / $64,000)
11Affinity Plus Federal Credit U 46 80%4%
  • 127%
  • (155,000 / $122,000)
  • 1871%
  • (393,000 / $21,000)
12Mortgage Guaranty Insurance Co 40 85%5%
  • 264%
  • (148,000 / $56,000)
  • 370%
  • (441,000 / $119,000)
13Us Bank North Dakota 39 38%30%
  • 100%
  • (20,000 / $20,000)
  • 220%
  • (170,000 / $77,000)
14Washington Mutual Bank 37 70%24%
  • 302%
  • (151,000 / $50,000)
  • 329%
  • (270,000 / $82,000)
15Merchants Bank 35 85%11%
  • 189%
  • (389,000 / $205,000)
  • 159%
  • (245,000 / $154,000)
16Amerisave Mortgage Corporation 30 40%33%
  • 245%
  • (113,000 / $46,000)
  • 470%
  • (80,000 / $17,000)
17Pmi Mortgage Insurance Co. 28 67%7%
  • 306%
  • (313,000 / $102,000)
  • 441%
  • (181,000 / $41,000)
18Genworth Mortgage Insurance Co 28 53%0%
  • 336%
  • (185,000 / $55,000)
0
19Blackridge Bank 27 48%33%
  • 100%
  • (26,000 / $26,000)
  • 301%
  • (247,000 / $82,000)
20United Guaranty Corporation 25 80%4%
  • 247%
  • (295,000 / $119,000)
  • 251%
  • (166,000 / $66,000)

Carlos, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,147
  2. Loan Applications Denied: 479
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 2,215
  5. % of Loan Applications Originated 70

Carlos, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Debt-to-income ratio10
Credit history7
Credit application incomplete3
Unverifiable information2

Carlos, 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 - $100,000614 6517
$100,000 - $300,0002,117 7015
$300,000 - $500,000375 7211
$500,000 - $1,000,00040 6220
$1,000,000 - $1,500,0001 0100

Carlos, 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 - $100,0002,133 6617
$100,000 - $300,000890 7410
$300,000 - $500,00096 817
$500,000 - $1,000,00022 869
$1,000,000 - $1,500,0006 820

Loan to Income Ratios Research for Mortgage in Carlos, 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%9668 17
30 - 60%12363 14
60 - 100%26473 10
100 - 200%87276 11
200 - 300%86870 14
300 - 400%53067 16
> 400%39455 24

Carlos, 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 Dwelling2,477 6717
Not Owner-Occupied As A Principal Dwelling641 828
Not Applicable5 6020

Home Owner Property Type Statistics in Carlos, 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)2,921 7015
One To Four-Family167 772
Manufactured Housing59 4932
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