Top Chengwatana, MN Mortgage Lenders

RankChengwatana Mortgage LenderChengwatana Home Loans ProcessedChengwatana Home Loans ApprovedChengwatana Home Loans DeniedChengwatana Mortgage Median Loan to Income Ratio (LTR) for Approved LoansChengwatana Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 300 62%16%
  • 206%
  • (93,000 Loan / $45,000 Income)
  • 227%
  • (216,000 Loan / $95,000 Income)
2Lake State Federal Credit Unio 147 21%27%
  • 223%
  • (85,000 / $38,000)
  • 312%
  • (100,000 / $32,000)
3Us Bank 134 67%24%
  • 197%
  • (95,000 / $48,000)
  • 204%
  • (125,000 / $61,000)
4Northview Bank 127 50%27%
  • 128%
  • (82,000 / $64,000)
  • 222%
  • (80,000 / $36,000)
5Jpmorgan Chase Bank 117 80%15%
  • 276%
  • (108,000 / $39,000)
  • 265%
  • (93,000 / $35,000)
6Northwoods Bank Of Minnesota 112 60%19%
  • 135%
  • (77,000 / $57,000)
  • 240%
  • (101,000 / $42,000)
7Phh Mortgage Corporation 77 90%0%
  • 222%
  • (107,000 / $48,000)
0
8Us Bk Na Nd 73 45%49%
  • 130%
  • (104,000 / $80,000)
  • 132%
  • (231,000 / $175,000)
9Bank Of America 69 56%33%
  • 252%
  • (106,000 / $42,000)
  • 296%
  • (326,000 / $110,000)
10Citimortgage 68 77%8%
  • 278%
  • (192,000 / $69,000)
  • 284%
  • (108,000 / $38,000)
11Woodlands National Bank 66 37%45%
  • 175%
  • (49,000 / $28,000)
  • 264%
  • (45,000 / $17,000)
12Stearns Bank Na 66 68%18%
  • 223%
  • (105,000 / $47,000)
  • 237%
  • (240,000 / $101,000)
13Affinity Plus Federal Credit U 62 67%4%
  • 105%
  • (99,000 / $94,000)
  • 239%
  • (158,000 / $66,000)
14Us Bank North Dakota 59 37%50%
  • 156%
  • (86,000 / $55,000)
  • 151%
  • (50,000 / $33,000)
15Rural American Bank 53 94%1%
  • 211%
  • (127,000 / $60,000)
  • 260%
  • (125,000 / $48,000)
16Countrywide Bank Fsb 47 61%27%
  • 247%
  • (151,000 / $61,000)
  • 254%
  • (221,000 / $87,000)
17Citibank 47 80%10%
  • 151%
  • (53,000 / $35,000)
  • 89%
  • (75,000 / $84,000)
18Agstar Financial Services 44 43%11%
  • 188%
  • (81,000 / $43,000)
  • 388%
  • (233,000 / $60,000)
19C.U. Mortgage Services, 40 40%7%
  • 184%
  • (96,000 / $52,000)
  • 521%
  • (99,000 / $19,000)
20Unity Bank 36 75%19%
  • 175%
  • (170,000 / $97,000)
  • 195%
  • (190,000 / $97,000)

Chengwatana, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,950
  2. Loan Applications Denied: 679
  3. % of Loan Applications Denied: 23
  4. # of Loan Originations: 1,677
  5. % of Loan Applications Originated 56

Chengwatana, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral17
Credit history16
Debt-to-income ratio14
Credit application incomplete3
Unverifiable information1

Chengwatana, 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 - $100,0001,097 5824
$100,000 - $300,0001,767 5521
$300,000 - $500,00080 4332
$500,000 - $1,000,0003 1000
$1,000,000 - $1,500,0003 1000

Chengwatana, 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 - $100,0002,446 5623
$100,000 - $300,000471 5522
$300,000 - $500,00023 6430
$500,000 - $1,000,0008 620
$1,000,000 - $1,500,0001 0100
> $2,000,0001 0100

Loan to Income Ratios Research for Mortgage in Chengwatana, 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%10551 29
30 - 60%19156 24
60 - 100%25864 18
100 - 200%77661 19
200 - 300%80459 21
300 - 400%45252 22
> 400%36440 34

Chengwatana, 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 Dwelling2,529 5523
Not Owner-Occupied As A Principal Dwelling393 6321
Not Applicable5 6040

Home Owner Property Type Statistics in Chengwatana, 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)2,638 5622
Manufactured Housing182 4735
One To Four-Family130 708
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