Top Clearwater, MN Mortgage Lenders

RankClearwater Mortgage LenderClearwater Home Loans ProcessedClearwater Home Loans ApprovedClearwater Home Loans DeniedClearwater Mortgage Median Loan to Income Ratio (LTR) for Approved LoansClearwater Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 909 62%17%
  • 202%
  • (158,000 Loan / $78,000 Income)
  • 228%
  • (114,000 Loan / $50,000 Income)
2Liberty Savings Bank Fsb 327 86%5%
  • 250%
  • (150,000 / $60,000)
  • 238%
  • (339,000 / $142,000)
3Us Bank 267 78%14%
  • 246%
  • (190,000 / $77,000)
  • 309%
  • (195,000 / $63,000)
4Jpmorgan Chase Bank 217 83%14%
  • 283%
  • (184,000 / $65,000)
  • 255%
  • (299,000 / $117,000)
5Phh Mortgage Corporation 193 85%1%
  • 240%
  • (305,000 / $127,000)
  • 493%
  • (316,000 / $64,000)
6Annandale State Bank 152 76%11%
  • 185%
  • (130,000 / $70,000)
  • 196%
  • (177,000 / $90,000)
7State Bank Of Kimball 150 71%12%
  • 112%
  • (56,000 / $50,000)
  • 240%
  • (200,000 / $83,000)
8Bank Of America 148 71%18%
  • 255%
  • (87,000 / $34,000)
  • 258%
  • (186,000 / $72,000)
9Northview Bank 137 68%18%
  • 162%
  • (99,000 / $61,000)
  • 256%
  • (228,000 / $89,000)
10Countrywide Bank Fsb 130 64%21%
  • 192%
  • (127,000 / $66,000)
  • 307%
  • (117,000 / $38,000)
11Citimortgage 123 73%10%
  • 232%
  • (128,000 / $55,000)
  • 370%
  • (222,000 / $60,000)
12Affinity Plus Federal Credit U 121 67%4%
  • 141%
  • (139,000 / $98,000)
  • 293%
  • (144,000 / $49,000)
13Bremer Bank Na (St Cloud) 108 88%1%
  • 214%
  • (264,000 / $123,000)
  • 558%
  • (95,000 / $17,000)
14Mortgage Guaranty Insurance Co 87 67%11%
  • 261%
  • (157,000 / $60,000)
  • 268%
  • (67,000 / $25,000)
15Us Bank North Dakota 85 40%42%
  • 140%
  • (76,000 / $54,000)
  • 194%
  • (97,000 / $50,000)
16Agstar Financial Services 81 62%11%
  • 209%
  • (136,000 / $65,000)
  • 225%
  • (108,000 / $48,000)
17Beneficial Company Llc 78 7%74%
  • 220%
  • (201,000 / $91,000)
  • 305%
  • (238,000 / $78,000)
18Countrywide Home Loans 76 72%19%
  • 235%
  • (198,000 / $84,000)
  • 251%
  • (209,000 / $83,000)
19Citibank 69 63%18%
  • 128%
  • (59,000 / $46,000)
  • 126%
  • (189,000 / $150,000)
20Us Bk Na Nd 63 44%41%
  • 95%
  • (40,000 / $42,000)
  • 166%
  • (118,000 / $71,000)

Clearwater, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 5,992
  2. Loan Applications Denied: 1,059
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 3,894
  5. % of Loan Applications Originated 64

Clearwater, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Debt-to-income ratio12
Credit history12
Unverifiable information2
Credit application incomplete2

Clearwater, 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 - $100,0001,560 6318
$100,000 - $300,0003,941 6516
$300,000 - $500,000458 6419
$500,000 - $1,000,00027 4722
$1,000,000 - $1,500,0006 1666

Clearwater, 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 - $100,0004,699 6318
$100,000 - $300,0001,206 7013
$300,000 - $500,00059 6013
$500,000 - $1,000,00022 724
$1,000,000 - $1,500,0003 00
$1,500,000 - $2,000,0001 00
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Clearwater, 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%22666 19
30 - 60%30866 17
60 - 100%47564 12
100 - 200%1,47669 14
200 - 300%1,64666 16
300 - 400%1,02361 20
> 400%83855 24

Clearwater, 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 Dwelling5,588 6417
Not Owner-Occupied As A Principal Dwelling385 6515
Not Applicable4 7525

Home Owner Property Type Statistics in Clearwater, 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)5,568 6517
One To Four-Family264 727
Manufactured Housing160 4826
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