Top Chatfield, MN Mortgage Lenders

RankChatfield Mortgage LenderChatfield Home Loans ProcessedChatfield Home Loans ApprovedChatfield Home Loans DeniedChatfield Mortgage Median Loan to Income Ratio (LTR) for Approved LoansChatfield Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,889 69%14%
  • 185%
  • (65,000 Loan / $35,000 Income)
  • 166%
  • (50,000 Loan / $30,000 Income)
2Jpmorgan Chase Bank 543 87%11%
  • 236%
  • (135,000 / $57,000)
  • 198%
  • (99,000 / $50,000)
3Us Bank 410 76%12%
  • 196%
  • (187,000 / $95,000)
  • 214%
  • (174,000 / $81,000)
4Eastwood Bank 403 75%9%
  • 190%
  • (212,000 / $111,000)
  • 227%
  • (246,000 / $108,000)
5Bank Of America 329 79%12%
  • 208%
  • (71,000 / $34,000)
  • 238%
  • (112,000 / $47,000)
6Countrywide Bank Fsb 279 70%17%
  • 200%
  • (98,000 / $49,000)
  • 218%
  • (179,000 / $82,000)
7Citimortgage 272 80%7%
  • 217%
  • (304,000 / $140,000)
  • 313%
  • (113,000 / $36,000)
8Think Mutual Bank 245 69%7%
  • 139%
  • (176,000 / $126,000)
  • 154%
  • (96,000 / $62,000)
9F & M Community Bank 233 95%3%
  • 165%
  • (126,000 / $76,000)
  • 100%
  • (10,000 / $10,000)
10Mortgage Guaranty Insurance Co 228 79%7%
  • 214%
  • (90,000 / $42,000)
  • 260%
  • (120,000 / $46,000)
11Frandsen Bank & Trust 221 94%4%
  • 153%
  • (69,000 / $45,000)
  • 285%
  • (80,000 / $28,000)
12Affinity Plus Federal Credit U 201 69%3%
  • 104%
  • (160,000 / $153,000)
  • 139%
  • (71,000 / $51,000)
13Citizens Bank Minnesota 197 97%0%
  • 141%
  • (160,000 / $113,000)
  • 233%
  • (70,000 / $30,000)
14Merchants Bank 195 76%9%
  • 182%
  • (62,000 / $34,000)
  • 318%
  • (105,000 / $33,000)
15Agstar Financial Services 181 60%9%
  • 155%
  • (121,000 / $78,000)
  • 246%
  • (185,000 / $75,000)
16Countrywide Home Loans 164 81%10%
  • 218%
  • (157,000 / $72,000)
  • 215%
  • (82,000 / $38,000)
17Genworth Mortgage Insurance Co 148 57%3%
  • 222%
  • (160,000 / $72,000)
  • 215%
  • (71,000 / $33,000)
18Embrace Home Loans, 145 4%47%
  • 206%
  • (163,000 / $79,000)
  • 215%
  • (86,000 / $40,000)
19Beneficial Company Llc 143 5%82%
  • 168%
  • (101,000 / $60,000)
  • 204%
  • (198,000 / $97,000)
20United Guaranty Corporation 139 87%3%
  • 255%
  • (115,000 / $45,000)
  • 330%
  • (268,000 / $81,000)

Chatfield, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 13,387
  2. Loan Applications Denied: 2,084
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 9,181
  5. % of Loan Applications Originated 68

Chatfield, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history10
Debt-to-income ratio9
Credit application incomplete3
Unverifiable information1

Chatfield, 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 - $100,0005,089 6419
$100,000 - $300,0007,639 7013
$300,000 - $500,000615 6715
$500,000 - $1,000,00042 7514
$1,000,000 - $1,500,0002 5050

Chatfield, 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 - $100,00010,247 6517
$100,000 - $300,0002,905 7410
$300,000 - $500,000179 845
$500,000 - $1,000,00041 792
$1,000,000 - $1,500,00010 6030
$1,500,000 - $2,000,0004 1000
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Chatfield, 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%67468 18
30 - 60%83265 17
60 - 100%1,31872 14
100 - 200%4,29270 12
200 - 300%3,51670 14
300 - 400%1,76863 18
> 400%98753 25

Chatfield, 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 Dwelling11,887 6716
Not Owner-Occupied As A Principal Dwelling1,434 7611
Not Applicable15 6026

Home Owner Property Type Statistics in Chatfield, 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)12,402 6816
One To Four-Family775 784
Manufactured Housing210 5526
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