Top Chickamaw Beach, MN Mortgage Lenders

RankChickamaw Beach Mortgage LenderChickamaw Beach Home Loans ProcessedChickamaw Beach Home Loans ApprovedChickamaw Beach Home Loans DeniedChickamaw Beach Mortgage Median Loan to Income Ratio (LTR) for Approved LoansChickamaw Beach Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,268 67%15%
  • 188%
  • (206,000 Loan / $109,000 Income)
  • 183%
  • (125,000 Loan / $68,000 Income)
2Jpmorgan Chase Bank 290 87%11%
  • 273%
  • (63,000 / $23,000)
  • 186%
  • (138,000 / $74,000)
3Us Bank 277 77%11%
  • 244%
  • (88,000 / $36,000)
  • 264%
  • (214,000 / $81,000)
4Alliance Bank 148 80%9%
  • 152%
  • (67,000 / $44,000)
  • 225%
  • (90,000 / $40,000)
5Countrywide Bank Fsb 144 77%11%
  • 213%
  • (139,000 / $65,000)
  • 294%
  • (153,000 / $52,000)
6Bank Of America 144 75%13%
  • 256%
  • (149,000 / $58,000)
  • 231%
  • (81,000 / $35,000)
7State Bank & Trust 131 70%18%
  • 119%
  • (203,000 / $170,000)
  • 162%
  • (60,000 / $37,000)
8Citimortgage 126 77%11%
  • 222%
  • (160,000 / $72,000)
  • 217%
  • (124,000 / $57,000)
9Pine River State Bank 118 89%9%
  • 125%
  • (20,000 / $16,000)
  • 193%
  • (60,000 / $31,000)
10Affinity Plus Federal Credit U 116 66%5%
  • 133%
  • (154,000 / $115,000)
  • 331%
  • (116,000 / $35,000)
11Frandsen Bank & Trust 114 90%4%
  • 215%
  • (41,000 / $19,000)
  • 266%
  • (245,000 / $92,000)
12Citizens Bank Minnesota 107 90%4%
  • 153%
  • (100,000 / $65,000)
  • 178%
  • (125,000 / $70,000)
13Countrywide Home Loans 86 83%11%
  • 219%
  • (158,000 / $72,000)
  • 332%
  • (193,000 / $58,000)
14Wells Fargo Funding 74 97%1%
  • 233%
  • (243,000 / $104,000)
  • 100%
  • (104,000 / $103,000)
15Us Bank North Dakota 74 37%48%
  • 152%
  • (61,000 / $40,000)
  • 164%
  • (130,000 / $79,000)
16Mortgage Guaranty Insurance Co 71 74%8%
  • 252%
  • (91,000 / $36,000)
  • 546%
  • (350,000 / $64,000)
17Embrace Home Loans, 69 2%42%
  • 220%
  • (97,000 / $44,000)
  • 281%
  • (217,000 / $77,000)
18United Prairie Bank 65 64%15%
  • 43%
  • (38,000 / $87,000)
  • 363%
  • (80,000 / $22,000)
19Wells Federal Bank 63 71%15%
  • 165%
  • (63,000 / $38,000)
  • 206%
  • (68,000 / $33,000)
20Us Bk Na Nd 60 58%30%
  • 136%
  • (56,000 / $41,000)
  • 176%
  • (88,000 / $50,000)

Chickamaw Beach, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 5,608
  2. Loan Applications Denied: 918
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 3,821
  5. % of Loan Applications Originated 68

Chickamaw Beach, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history13
Debt-to-income ratio8
Credit application incomplete3
Unverifiable information2

Chickamaw Beach, 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 - $100,0002,031 6617
$100,000 - $300,0003,342 6715
$300,000 - $500,000194 6313
$500,000 - $1,000,00035 6714
$1,000,000 - $1,500,0004 1000
> $2,000,0002 5050

Chickamaw Beach, 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 - $100,0004,519 6617
$100,000 - $300,000994 7311
$300,000 - $500,00038 7013
$500,000 - $1,000,00046 6410
$1,000,000 - $1,500,0004 500
$1,500,000 - $2,000,0003 660
> $2,000,0004 2550

Loan to Income Ratios Research for Mortgage in Chickamaw Beach, 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%23969 20
30 - 60%33963 19
60 - 100%49268 15
100 - 200%1,68971 12
200 - 300%1,50169 14
300 - 400%81864 18
> 400%53053 27

Chickamaw Beach, 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 Dwelling4,982 6716
Not Owner-Occupied As A Principal Dwelling594 7212
Not Applicable9 3333

Home Owner Property Type Statistics in Chickamaw Beach, 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)5,231 6716
One To Four-Family263 774
Manufactured Housing114 5526
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