Top Carsonville, MN Mortgage Lenders

RankCarsonville Mortgage LenderCarsonville Home Loans ProcessedCarsonville Home Loans ApprovedCarsonville Home Loans DeniedCarsonville Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCarsonville Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 224 54%19%
  • 198%
  • (300,000 Loan / $151,000 Income)
  • 133%
  • (195,000 Loan / $146,000 Income)
2Bremer Bank Na (Fargo) 133 76%8%
  • 130%
  • (160,000 / $123,000)
  • 104%
  • (23,000 / $22,000)
3State Bank & Trust 110 81%8%
  • 108%
  • (100,000 / $92,000)
  • 203%
  • (110,000 / $54,000)
4Citimortgage 86 77%6%
  • 351%
  • (109,000 / $31,000)
  • 228%
  • (73,000 / $32,000)
5Jpmorgan Chase Bank 81 76%18%
  • 170%
  • (340,000 / $200,000)
  • 213%
  • (158,000 / $74,000)
6Us Bank 78 70%24%
  • 230%
  • (129,000 / $56,000)
  • 274%
  • (170,000 / $62,000)
7Midwest Bank 71 83%12%
  • 135%
  • (54,000 / $40,000)
  • 143%
  • (132,000 / $92,000)
8Northwoods Bank Of Minnesota 64 90%9%
  • 130%
  • (170,000 / $130,000)
  • 186%
  • (97,000 / $52,000)
9Nationstar Mortgage Llc 37 2%54%
  • 420%
  • (282,000 / $67,000)
  • 435%
  • (279,000 / $64,000)
10Countrywide Bank Fsb 30 73%13%
  • 246%
  • (187,000 / $76,000)
  • 336%
  • (155,000 / $46,000)
11Bank Of America 30 70%23%
  • 236%
  • (130,000 / $55,000)
  • 179%
  • (151,000 / $84,000)
12Gate City Bank 25 88%0%
  • 103%
  • (212,000 / $204,000)
0
13Mortgage Guaranty Insurance Co 23 52%26%
  • 219%
  • (307,000 / $140,000)
  • 195%
  • (221,000 / $113,000)
14Countrywide Home Loans 23 65%26%
  • 197%
  • (89,000 / $45,000)
  • 220%
  • (297,000 / $135,000)
15Citifinancial Services Inc 22 45%40%
  • 206%
  • (136,000 / $66,000)
  • 306%
  • (144,000 / $47,000)
16Citibank 21 52%28%
  • 223%
  • (141,000 / $63,000)
  • 154%
  • (68,000 / $44,000)
17Merchants Bank 19 100%0%
  • 186%
  • (214,000 / $115,000)
0
18Affinity Plus Federal Credit U 18 44%16%
  • 222%
  • (149,000 / $67,000)
  • 230%
  • (76,000 / $33,000)
19Washington Mutual Bank 15 66%13%
  • 265%
  • (342,000 / $129,000)
  • 318%
  • (175,000 / $55,000)
20Northwestern Bank 14 71%28%
  • 137%
  • (80,000 / $58,000)
  • 245%
  • (125,000 / $51,000)

Carsonville, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,675
  2. Loan Applications Denied: 297
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 1,098
  5. % of Loan Applications Originated 65

Carsonville, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral17
Credit history15
Debt-to-income ratio11
Credit application incomplete3
Unverifiable information2

Carsonville, 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 - $100,000590 6221
$100,000 - $300,000974 6516
$300,000 - $500,000107 728
$500,000 - $1,000,0003 1000
$1,000,000 - $1,500,0001 1000

Carsonville, 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 - $100,0001,219 6120
$100,000 - $300,000413 729
$300,000 - $500,00032 933
$500,000 - $1,000,0006 660
$1,000,000 - $1,500,0003 660
$1,500,000 - $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Carsonville, 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%7273 15
30 - 60%11872 19
60 - 100%20871 13
100 - 200%50566 14
200 - 300%37564 18
300 - 400%22062 17
> 400%17748 30

Carsonville, 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 Dwelling1,240 6021
Not Owner-Occupied As A Principal Dwelling417 788
Not Applicable4 1000

Home Owner Property Type Statistics in Carsonville, 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)1,558 6517
Manufactured Housing59 6427
One To Four-Family58 6212
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