Top Ceylon, MN Mortgage Lenders

RankCeylon Mortgage LenderCeylon Home Loans ProcessedCeylon Home Loans ApprovedCeylon Home Loans DeniedCeylon Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCeylon Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 634 61%18%
  • 191%
  • (136,000 Loan / $71,000 Income)
  • 156%
  • (91,000 Loan / $58,000 Income)
2Roundbank 184 86%8%
  • 117%
  • (66,000 / $56,000)
  • 213%
  • (130,000 / $61,000)
3Countrywide Bank Fsb 166 74%15%
  • 215%
  • (140,000 / $65,000)
  • 237%
  • (152,000 / $64,000)
4Jpmorgan Chase Bank 139 81%14%
  • 250%
  • (40,000 / $16,000)
  • 220%
  • (53,000 / $24,000)
5Genworth Mortgage Insurance Co 101 59%1%
  • 230%
  • (53,000 / $23,000)
  • 204%
  • (170,000 / $83,000)
6Citimortgage 100 73%10%
  • 178%
  • (57,000 / $32,000)
  • 212%
  • (210,000 / $99,000)
7Beneficial Company Llc 96 8%70%
  • 213%
  • (94,000 / $44,000)
  • 195%
  • (137,000 / $70,000)
8Agstar Financial Services 96 61%8%
  • 170%
  • (418,000 / $245,000)
  • 180%
  • (130,000 / $72,000)
9Mortgage Guaranty Insurance Co 85 68%7%
  • 214%
  • (101,000 / $47,000)
  • 494%
  • (173,000 / $35,000)
10Countrywide Home Loans 81 80%17%
  • 221%
  • (73,000 / $33,000)
  • 173%
  • (120,000 / $69,000)
11Us Bank 80 71%20%
  • 162%
  • (117,000 / $72,000)
  • 217%
  • (200,000 / $92,000)
12Affinity Plus Federal Credit U 78 65%11%
  • 100%
  • (108,000 / $107,000)
  • 139%
  • (57,000 / $41,000)
13Think Mutual Bank 75 78%6%
  • 151%
  • (132,000 / $87,000)
  • 211%
  • (108,000 / $51,000)
14Bank Of America 73 76%17%
  • 281%
  • (180,000 / $64,000)
  • 250%
  • (120,000 / $48,000)
15Embrace Home Loans, 67 5%50%
  • 256%
  • (113,000 / $44,000)
  • 175%
  • (112,000 / $64,000)
16Citifinancial Services Inc 66 34%37%
  • 172%
  • (86,000 / $50,000)
  • 173%
  • (40,000 / $23,000)
17Wells Fargo Fin'l Minnesota 54 25%48%
  • 179%
  • (115,000 / $64,000)
  • 235%
  • (158,000 / $67,000)
18Us Bank North Dakota 52 23%44%
  • 115%
  • (128,000 / $111,000)
  • 225%
  • (463,000 / $205,000)
19Trustone Financial Fcu 48 37%14%
  • 85%
  • (40,000 / $47,000)
  • 176%
  • (44,000 / $25,000)
20Gmac Mortgage Llc 47 6%48%
  • 245%
  • (196,000 / $80,000)
  • 270%
  • (157,000 / $58,000)

Ceylon, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,288
  2. Loan Applications Denied: 858
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 2,644
  5. % of Loan Applications Originated 61

Ceylon, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history11
Debt-to-income ratio8
Credit application incomplete2
Unverifiable information1

Ceylon, 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 - $100,0001,979 6220
$100,000 - $300,0002,132 6019
$300,000 - $500,000164 6114
$500,000 - $1,000,00012 758
$1,000,000 - $1,500,0001 1000

Ceylon, 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 - $100,0003,614 5921
$100,000 - $300,000623 7011
$300,000 - $500,00031 6722
$500,000 - $1,000,00014 7014
$1,000,000 - $1,500,0004 5025
$1,500,000 - $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Ceylon, 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%23361 24
30 - 60%29562 23
60 - 100%45260 19
100 - 200%1,29967 15
200 - 300%1,09360 19
300 - 400%53058 20
> 400%38645 32

Ceylon, 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 Dwelling3,839 6020
Not Owner-Occupied As A Principal Dwelling422 6817
Not Applicable4 5025

Home Owner Property Type Statistics in Ceylon, 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)3,836 6120
One To Four-Family325 704
Manufactured Housing127 5133
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