Top Ceresco, MN Mortgage Lenders

RankCeresco Mortgage LenderCeresco Home Loans ProcessedCeresco Home Loans ApprovedCeresco Home Loans DeniedCeresco Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCeresco Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 332 65%13%
  • 232%
  • (114,000 Loan / $49,000 Income)
  • 191%
  • (190,000 Loan / $99,000 Income)
2Agstar Financial Services 52 61%11%
  • 240%
  • (149,000 / $62,000)
  • 327%
  • (157,000 / $48,000)
3Affinity Plus Federal Credit U 44 61%13%
  • 138%
  • (116,000 / $84,000)
  • 188%
  • (219,000 / $116,000)
4Community Bank Mankato 40 92%5%
  • 168%
  • (250,000 / $148,000)
  • 349%
  • (185,000 / $53,000)
5Wells Fargo Fin'l Minnesota 36 19%55%
  • 212%
  • (115,000 / $54,000)
  • 246%
  • (160,000 / $65,000)
6Wells Federal Bank 35 68%11%
  • 202%
  • (101,000 / $50,000)
  • 257%
  • (250,000 / $97,000)
7Us Bank 33 81%3%
  • 161%
  • (63,000 / $39,000)
  • 200%
  • (80,000 / $40,000)
8Minnstar Bank N.A. 29 79%17%
  • 87%
  • (65,000 / $74,000)
  • 365%
  • (84,000 / $23,000)
9Tcf National Bank 26 69%23%
  • 205%
  • (80,000 / $39,000)
  • 325%
  • (65,000 / $20,000)
10Countrywide Bank Fsb 25 60%24%
  • 250%
  • (125,000 / $50,000)
  • 293%
  • (85,000 / $29,000)
11Mortgage Guaranty Insurance Co 23 73%4%
  • 248%
  • (184,000 / $74,000)
  • 300%
  • (102,000 / $34,000)
12Jpmorgan Chase Bank 23 73%26%
  • 291%
  • (175,000 / $60,000)
  • 189%
  • (53,000 / $28,000)
13Genworth Mortgage Insurance Co 19 57%0%
  • 248%
  • (209,000 / $84,000)
0
14Citimortgage 18 88%11%
  • 212%
  • (132,000 / $62,000)
  • 666%
  • (60,000 / $9,000)
15Us Bk Na Nd 17 58%35%
  • 233%
  • (56,000 / $24,000)
  • 168%
  • (86,000 / $51,000)
16Quicken Loans 15 73%26%
  • 289%
  • (110,000 / $38,000)
  • 392%
  • (55,000 / $14,000)
17Citifinancial Services Inc 15 20%33%
  • 68%
  • (26,000 / $38,000)
  • 100%
  • (12,000 / $12,000)
18United Guaranty Corporation 14 71%7%
  • 269%
  • (315,000 / $117,000)
  • 300%
  • (69,000 / $23,000)
19Republic Mortgage Insurance Co 14 78%0%
  • 343%
  • (189,000 / $55,000)
0
20First Financial Bank 14 71%21%
  • 106%
  • (111,000 / $104,000)
  • 347%
  • (80,000 / $23,000)

Ceresco, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,170
  2. Loan Applications Denied: 213
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 736
  5. % of Loan Applications Originated 62

Ceresco, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history10
Debt-to-income ratio8
Unverifiable information1
Credit application incomplete1

Ceresco, 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 - $100,000478 5823
$100,000 - $300,000648 6514
$300,000 - $500,00044 5322

Ceresco, 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 - $100,0001,033 6218
$100,000 - $300,000131 6912
$300,000 - $500,0003 3333
$500,000 - $1,000,0001 1000
$1,000,000 - $1,500,0001 00
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Ceresco, 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%5454 14
30 - 60%4858 27
60 - 100%9459 23
100 - 200%33963 18
200 - 300%33466 12
300 - 400%19160 21
> 400%11056 20

Ceresco, 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 Dwelling1,123 6217
Not Owner-Occupied As A Principal Dwelling44 6327
Not Applicable2 1000

Home Owner Property Type Statistics in Ceresco, 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)1,051 6219
One To Four-Family89 751
Manufactured Housing30 4026
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