Top Clark, MN Mortgage Lenders

RankClark Mortgage LenderClark Home Loans ProcessedClark Home Loans ApprovedClark Home Loans DeniedClark Mortgage Median Loan to Income Ratio (LTR) for Approved LoansClark Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 165 56%21%
  • 160%
  • (53,000 Loan / $33,000 Income)
  • 125%
  • (100,000 Loan / $80,000 Income)
2Agstar Financial Services 98 53%10%
  • 222%
  • (140,000 / $63,000)
  • 292%
  • (225,000 / $77,000)
3Wells Federal Bank 96 65%13%
  • 136%
  • (78,000 / $57,000)
  • 170%
  • (58,000 / $34,000)
4Mortgage Guaranty Insurance Co 46 63%4%
  • 166%
  • (166,000 / $100,000)
  • 550%
  • (88,000 / $16,000)
5Jpmorgan Chase Bank 31 74%16%
  • 161%
  • (71,000 / $44,000)
  • 135%
  • (135,000 / $100,000)
6Citifinancial Services Inc 29 31%51%
  • 181%
  • (60,000 / $33,000)
  • 169%
  • (112,000 / $66,000)
7Wells Fargo Fin'l Minnesota 26 26%61%
  • 226%
  • (68,000 / $30,000)
  • 232%
  • (100,000 / $43,000)
8Countrywide Bank Fsb 26 84%15%
  • 166%
  • (166,000 / $100,000)
  • 356%
  • (57,000 / $16,000)
9Citimortgage 26 73%15%
  • 346%
  • (104,000 / $30,000)
  • 206%
  • (62,000 / $30,000)
10Embrace Home Loans, 23 8%47%
  • 209%
  • (65,000 / $31,000)
  • 315%
  • (164,000 / $52,000)
11Radian Guaranty 16 43%0%
  • 175%
  • (86,000 / $49,000)
0
12Nationstar Mortgage Llc 15 0%46% 0
  • 222%
  • (80,000 / $36,000)
13Gmac Mortgage Llc 15 6%80%
  • 68%
  • (34,000 / $50,000)
  • 195%
  • (45,000 / $23,000)
14Countrywide Home Loans 15 80%13%
  • 118%
  • (96,000 / $81,000)
  • 312%
  • (356,000 / $114,000)
15Republic Mortgage Insurance Co 14 85%0%
  • 200%
  • (110,000 / $55,000)
0
16Delta Funding Corporation 14 0%50% 0
  • 350%
  • (56,000 / $16,000)
17Us Bank North Dakota 13 23%46%
  • 141%
  • (65,000 / $46,000)
  • 51%
  • (48,000 / $94,000)
18Genworth Mortgage Insurance Co 13 46%7%
  • 168%
  • (98,000 / $58,000)
  • 166%
  • (166,000 / $100,000)
19Beneficial Company Llc 13 0%100% 0
  • 146%
  • (88,000 / $60,000)
20Us Bank 12 75%25%
  • 176%
  • (69,000 / $39,000)
  • 242%
  • (34,000 / $14,000)

Clark, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,020
  2. Loan Applications Denied: 257
  3. % of Loan Applications Denied: 25
  4. # of Loan Originations: 539
  5. % of Loan Applications Originated 52

Clark, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history14
Collateral9
Debt-to-income ratio7
Unverifiable information1
Credit application incomplete1

Clark, 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 - $100,000679 5028
$100,000 - $300,000329 5618
$300,000 - $500,00012 5816

Clark, 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 - $100,000934 5026
$100,000 - $300,00079 6310
$300,000 - $500,0003 1000
$500,000 - $1,000,0002 5050
$1,000,000 - $1,500,0001 0100
> $2,000,0001 0100

Loan to Income Ratios Research for Mortgage in Clark, 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%4544 42
30 - 60%7252 27
60 - 100%11954 27
100 - 200%38655 20
200 - 300%22948 24
300 - 400%11058 23
> 400%5936 42

Clark, 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 Dwelling973 5225
Not Owner-Occupied As A Principal Dwelling42 5926
Not Applicable1 0100

Home Owner Property Type Statistics in Clark, 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)915 5127
One To Four-Family102 602
Manufactured Housing3 6633
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