Top Chisholm, MN Mortgage Lenders

RankChisholm Mortgage LenderChisholm Home Loans ProcessedChisholm Home Loans ApprovedChisholm Home Loans DeniedChisholm Mortgage Median Loan to Income Ratio (LTR) for Approved LoansChisholm Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 189 60%19%
  • 134%
  • (31,000 Loan / $23,000 Income)
  • 100%
  • (100,000 Loan / $100,000 Income)
2American Bank Of The North 101 70%23%
  • 85%
  • (17,000 / $20,000)
  • 138%
  • (90,000 / $65,000)
3Us Bank North Dakota 78 28%62%
  • 119%
  • (43,000 / $36,000)
  • 170%
  • (34,000 / $20,000)
4First National Bank 72 81%16%
  • 72%
  • (21,000 / $29,000)
  • 233%
  • (35,000 / $15,000)
5Prime Lending 56 91%7%
  • 185%
  • (63,000 / $34,000)
  • 141%
  • (99,000 / $70,000)
6Jpmorgan Chase Bank 47 85%10%
  • 198%
  • (107,000 / $54,000)
  • 230%
  • (53,000 / $23,000)
7Us Bk Na Nd 45 11%77%
  • 85%
  • (63,000 / $74,000)
  • 137%
  • (70,000 / $51,000)
8National City Bank 38 78%7%
  • 207%
  • (58,000 / $28,000)
  • 311%
  • (53,000 / $17,000)
9Pnc Bank N.A. 37 70%18%
  • 189%
  • (106,000 / $56,000)
  • 224%
  • (121,000 / $54,000)
10Us Bank 29 82%13%
  • 174%
  • (180,000 / $103,000)
  • 196%
  • (59,000 / $30,000)
11Embrace Home Loans, 27 7%44%
  • 320%
  • (77,000 / $24,000)
  • 150%
  • (78,000 / $52,000)
12Bank Of America 26 76%19%
  • 176%
  • (132,000 / $75,000)
  • 115%
  • (115,000 / $100,000)
13Freedom Mortgage Corp. 25 68%12%
  • 207%
  • (112,000 / $54,000)
  • 292%
  • (73,000 / $25,000)
14United Guaranty Corporation 23 86%0%
  • 172%
  • (57,000 / $33,000)
0
15Mortgage Guaranty Insurance Co 22 72%9%
  • 170%
  • (70,000 / $41,000)
  • 147%
  • (65,000 / $44,000)
16Citimortgage 22 72%13%
  • 96%
  • (60,000 / $62,000)
  • 236%
  • (78,000 / $33,000)
17Phh Mortgage Corporation 21 80%4%
  • 196%
  • (51,000 / $26,000)
  • 105%
  • (39,000 / $37,000)
18Countrywide Bank Fsb 21 71%9%
  • 188%
  • (81,000 / $43,000)
  • 276%
  • (72,000 / $26,000)
19Republic Mortgage Insurance Co 19 84%0%
  • 136%
  • (68,000 / $50,000)
0
20Affinity Plus Federal Credit U 17 70%11%
  • 116%
  • (71,000 / $61,000)
  • 159%
  • (67,000 / $42,000)

Chisholm, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,301
  2. Loan Applications Denied: 312
  3. % of Loan Applications Denied: 23
  4. # of Loan Originations: 794
  5. % of Loan Applications Originated 61

Chisholm, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history20
Collateral9
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Chisholm, 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 - $100,0001,059 6024
$100,000 - $300,000241 6220
$300,000 - $500,0001 00

Chisholm, 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 - $100,0001,197 5924
$100,000 - $300,000100 7214
$300,000 - $500,0001 1000
$500,000 - $1,000,0002 1000
$1,000,000 - $1,500,0001 1000

Loan to Income Ratios Research for Mortgage in Chisholm, 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%8350 37
30 - 60%11659 23
60 - 100%21962 20
100 - 200%48761 22
200 - 300%27659 24
300 - 400%9565 20
> 400%2536 48

Chisholm, 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 Dwelling1,234 6123
Not Owner-Occupied As A Principal Dwelling59 5238
Not Applicable2 0100

Home Owner Property Type Statistics in Chisholm, 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)1,206 5925
One To Four-Family90 763
Manufactured Housing5 4040
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