Top Clements, MN Mortgage Lenders

RankClements Mortgage LenderClements Home Loans ProcessedClements Home Loans ApprovedClements Home Loans DeniedClements Mortgage Median Loan to Income Ratio (LTR) for Approved LoansClements Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,220 61%17%
  • 209%
  • (178,000 Loan / $85,000 Income)
  • 189%
  • (250,000 Loan / $132,000 Income)
2Affinity Plus Federal Credit U 343 62%7%
  • 115%
  • (23,000 / $20,000)
  • 233%
  • (49,000 / $21,000)
3Countrywide Bank Fsb 309 68%20%
  • 223%
  • (190,000 / $85,000)
  • 260%
  • (297,000 / $114,000)
4Jpmorgan Chase Bank 270 78%17%
  • 197%
  • (69,000 / $35,000)
  • 166%
  • (133,000 / $80,000)
5Citimortgage 267 80%8%
  • 226%
  • (417,000 / $184,000)
  • 318%
  • (121,000 / $38,000)
6Us Bank 197 74%16%
  • 224%
  • (242,000 / $108,000)
  • 266%
  • (275,000 / $103,000)
7Community Security Bank 191 77%5%
  • 203%
  • (310,000 / $152,000)
  • 348%
  • (164,000 / $47,000)
8Countrywide Home Loans 182 80%14%
  • 261%
  • (314,000 / $120,000)
  • 270%
  • (65,000 / $24,000)
9Beneficial Company Llc 175 5%81%
  • 93%
  • (113,000 / $121,000)
  • 252%
  • (255,000 / $101,000)
10Mortgage Guaranty Insurance Co 159 71%9%
  • 239%
  • (275,000 / $115,000)
  • 200%
  • (221,000 / $110,000)
11Bank Of America 154 72%17%
  • 243%
  • (95,000 / $39,000)
  • 287%
  • (256,000 / $89,000)
12Kleinbank 137 75%13%
  • 138%
  • (200,000 / $144,000)
  • 179%
  • (77,000 / $43,000)
13Genworth Mortgage Insurance Co 117 70%5%
  • 252%
  • (293,000 / $116,000)
  • 197%
  • (255,000 / $129,000)
14Wells Fargo Funding 113 100%0%
  • 274%
  • (118,000 / $43,000)
0
15Think Mutual Bank 107 73%9%
  • 145%
  • (96,000 / $66,000)
  • 135%
  • (107,000 / $79,000)
16Wells Fargo Fin'l Minnesota 94 20%48%
  • 229%
  • (131,000 / $57,000)
  • 250%
  • (95,000 / $38,000)
17Bank Of The West 91 63%28%
  • 69%
  • (25,000 / $36,000)
  • 43%
  • (31,000 / $72,000)
18United Guaranty Corporation 90 72%8%
  • 235%
  • (188,000 / $80,000)
  • 241%
  • (241,000 / $100,000)
19Citibank 88 70%21%
  • 78%
  • (72,000 / $92,000)
  • 64%
  • (40,000 / $62,000)
20Citifinancial Services Inc 79 29%50%
  • 230%
  • (69,000 / $30,000)
  • 170%
  • (41,000 / $24,000)

Clements, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 8,068
  2. Loan Applications Denied: 1,527
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 5,066
  5. % of Loan Applications Originated 62

Clements, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history10
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Clements, 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 - $100,0002,832 6021
$100,000 - $300,0004,680 6317
$300,000 - $500,000531 5819
$500,000 - $1,000,00023 5121
$1,000,000 - $1,500,0002 5050

Clements, 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 - $100,0006,252 6020
$100,000 - $300,0001,704 6814
$300,000 - $500,00081 7312
$500,000 - $1,000,00024 708
$1,000,000 - $1,500,0007 990

Loan to Income Ratios Research for Mortgage in Clements, 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%39665 21
30 - 60%53061 22
60 - 100%67965 16
100 - 200%2,19467 15
200 - 300%2,19362 17
300 - 400%1,23059 20
> 400%84648 27

Clements, 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 Dwelling7,127 6119
Not Owner-Occupied As A Principal Dwelling873 7512
Not Applicable16 5618

Home Owner Property Type Statistics in Clements, 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)7,247 6219
One To Four-Family589 746
Manufactured Housing232 5030
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