Top Cascade, MN Mortgage Lenders

RankCascade Mortgage LenderCascade Home Loans ProcessedCascade Home Loans ApprovedCascade Home Loans DeniedCascade Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCascade Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 4,406 75%10%
  • 201%
  • (105,000 Loan / $52,000 Income)
  • 191%
  • (306,000 Loan / $160,000 Income)
2Think Mutual Bank 2,566 71%6%
  • 142%
  • (125,000 / $88,000)
  • 181%
  • (231,000 / $127,000)
3Qr Lending Inc 1,071 63%16%
  • 182%
  • (144,000 / $79,000)
  • 283%
  • (235,000 / $83,000)
4Home Federal Savings Bank 974 69%9%
  • 172%
  • (95,000 / $55,000)
  • 195%
  • (176,000 / $90,000)
5Us Bank 892 88%6%
  • 208%
  • (192,000 / $92,000)
  • 280%
  • (303,000 / $108,000)
6Mayo Employees Federal Cu 722 91%4%
  • 44%
  • (139,000 / $312,000)
  • 50%
  • (82,000 / $162,000)
7Eastwood Bank 682 78%6%
  • 158%
  • (173,000 / $109,000)
  • 223%
  • (188,000 / $84,000)
8Affinity Plus Federal Credit U 607 66%3%
  • 133%
  • (158,000 / $118,000)
  • 222%
  • (100,000 / $45,000)
9Associated Bank 528 74%12%
  • 198%
  • (179,000 / $90,000)
  • 87%
  • (96,000 / $110,000)
10Bank Of America 499 77%11%
  • 234%
  • (305,000 / $130,000)
  • 250%
  • (228,000 / $91,000)
11First Federal Bank Of Florida 419 75%9%
  • 177%
  • (151,000 / $85,000)
  • 239%
  • (134,000 / $56,000)
12United Guaranty Corporation 392 80%6%
  • 249%
  • (202,000 / $81,000)
  • 263%
  • (100,000 / $38,000)
13Countrywide Bank Fsb 369 75%8%
  • 241%
  • (232,000 / $96,000)
  • 300%
  • (195,000 / $65,000)
14Merchants Bank 356 74%4%
  • 206%
  • (200,000 / $97,000)
  • 187%
  • (264,000 / $141,000)
15Genworth Mortgage Insurance Co 331 87%1%
  • 264%
  • (180,000 / $68,000)
  • 408%
  • (184,000 / $45,000)
16Mortgage Guaranty Insurance Co 326 81%6%
  • 248%
  • (281,000 / $113,000)
  • 280%
  • (171,000 / $61,000)
17Associated Bank Na 277 80%10%
  • 196%
  • (171,000 / $87,000)
  • 173%
  • (167,000 / $96,000)
18Jpmorgan Chase Bank 267 80%16%
  • 174%
  • (136,000 / $78,000)
  • 196%
  • (128,000 / $65,000)
19First Alliance Credit Union 255 80%6%
  • 178%
  • (100,000 / $56,000)
  • 279%
  • (120,000 / $43,000)
20Citimortgage 251 80%6%
  • 221%
  • (325,000 / $147,000)
  • 304%
  • (320,000 / $105,000)

Cascade, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 21,544
  2. Loan Applications Denied: 2,227
  3. % of Loan Applications Denied: 10
  4. # of Loan Originations: 15,939
  5. % of Loan Applications Originated 73

Cascade, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral7
Credit history6
Debt-to-income ratio5
Credit application incomplete2
Unverifiable information1

Cascade, 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 - $100,0004,531 7013
$100,000 - $300,00014,921 749
$300,000 - $500,0001,837 729
$500,000 - $1,000,000236 6413
$1,000,000 - $1,500,00018 5027
> $2,000,0001 0100

Cascade, 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 - $100,00013,673 7112
$100,000 - $300,0007,035 767
$300,000 - $500,000604 776
$500,000 - $1,000,000223 805
$1,000,000 - $1,500,0005 6020
$1,500,000 - $2,000,0001 1000
> $2,000,0003 1000

Loan to Income Ratios Research for Mortgage in Cascade, 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%1,15672 14
30 - 60%1,39673 11
60 - 100%1,61874 10
100 - 200%6,64275 7
200 - 300%6,27674 9
300 - 400%3,05870 12
> 400%1,39861 19

Cascade, 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 Dwelling20,932 7410
Not Owner-Occupied As A Principal Dwelling569 7013
Not Applicable10 7020

Home Owner Property Type Statistics in Cascade, 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)19,778 7310
One To Four-Family1,673 853
Manufactured Housing93 4041
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