Top Chisago City, MN Mortgage Lenders

RankChisago City Mortgage LenderChisago City Home Loans ProcessedChisago City Home Loans ApprovedChisago City Home Loans DeniedChisago City Mortgage Median Loan to Income Ratio (LTR) for Approved LoansChisago City Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,644 62%17%
  • 219%
  • (123,000 Loan / $56,000 Income)
  • 226%
  • (240,000 Loan / $106,000 Income)
2Us Bank 542 78%11%
  • 242%
  • (170,000 / $70,000)
  • 294%
  • (397,000 / $135,000)
3Jpmorgan Chase Bank 479 80%14%
  • 225%
  • (230,000 / $102,000)
  • 252%
  • (86,000 / $34,000)
4Citimortgage 391 78%7%
  • 235%
  • (278,000 / $118,000)
  • 350%
  • (333,000 / $95,000)
5Countrywide Bank Fsb 382 73%18%
  • 248%
  • (191,000 / $77,000)
  • 307%
  • (317,000 / $103,000)
6The Riverbank 275 95%3%
  • 208%
  • (188,000 / $90,000)
  • 360%
  • (198,000 / $55,000)
7Affinity Plus Federal Credit U 271 64%4%
  • 111%
  • (109,000 / $98,000)
  • 246%
  • (296,000 / $120,000)
8Citibank 256 71%15%
  • 142%
  • (236,000 / $166,000)
  • 104%
  • (50,000 / $48,000)
9Bank Of America 198 74%13%
  • 266%
  • (120,000 / $45,000)
  • 272%
  • (272,000 / $100,000)
10Tcf National Bank 191 30%47%
  • 271%
  • (125,000 / $46,000)
  • 300%
  • (174,000 / $58,000)
11Lake Area Bank 187 58%14%
  • 238%
  • (81,000 / $34,000)
  • 217%
  • (194,000 / $89,000)
12Countrywide Home Loans 187 84%9%
  • 283%
  • (170,000 / $60,000)
  • 266%
  • (232,000 / $87,000)
13Wells Fargo Funding 170 98%1%
  • 283%
  • (170,000 / $60,000)
  • 1285%
  • (180,000 / $14,000)
14Us Bk Na Nd 160 50%37%
  • 128%
  • (81,000 / $63,000)
  • 191%
  • (153,000 / $80,000)
15Phh Home Loans 151 86%7%
  • 268%
  • (231,000 / $86,000)
  • 285%
  • (346,000 / $121,000)
16Mortgage Guaranty Insurance Co 142 72%7%
  • 313%
  • (204,000 / $65,000)
  • 251%
  • (166,000 / $66,000)
17Us Bank North Dakota 141 38%33%
  • 96%
  • (210,000 / $218,000)
  • 182%
  • (175,000 / $96,000)
18First State Bank Of Wyoming 131 70%16%
  • 163%
  • (75,000 / $46,000)
  • 269%
  • (417,000 / $155,000)
19Radian Guaranty 113 81%2%
  • 295%
  • (183,000 / $62,000)
  • 362%
  • (268,000 / $74,000)
20Genworth Mortgage Insurance Co 105 75%1%
  • 315%
  • (142,000 / $45,000)
  • 225%
  • (214,000 / $95,000)

Chisago City, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 11,346
  2. Loan Applications Denied: 1,938
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 7,379
  5. % of Loan Applications Originated 65

Chisago City, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio9
Credit history9
Credit application incomplete3
Unverifiable information1

Chisago City, 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 - $100,0002,391 6219
$100,000 - $300,0007,720 6715
$300,000 - $500,0001,161 5521
$500,000 - $1,000,00073 4338
$1,000,000 - $1,500,0001 00

Chisago City, 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 - $100,0008,361 6417
$100,000 - $300,0002,875 6515
$300,000 - $500,00077 5222
$500,000 - $1,000,00028 6017
$1,000,000 - $1,500,0005 2040

Loan to Income Ratios Research for Mortgage in Chisago City, 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%44963 20
30 - 60%62760 19
60 - 100%71462 18
100 - 200%2,54567 14
200 - 300%3,19168 14
300 - 400%2,22565 16
> 400%1,59554 25

Chisago City, 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 Dwelling10,776 6517
Not Owner-Occupied As A Principal Dwelling535 6318
Not Applicable6 6616

Home Owner Property Type Statistics in Chisago City, 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)10,612 6417
One To Four-Family657 753
Manufactured Housing77 3640
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