Top Coates, MN Mortgage Lenders

RankCoates Mortgage LenderCoates Home Loans ProcessedCoates Home Loans ApprovedCoates Home Loans DeniedCoates Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCoates Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 223 72%12%
  • 212%
  • (212,000 Loan / $100,000 Income)
  • 217%
  • (174,000 Loan / $80,000 Income)
2Vermillion State Bank 103 83%7%
  • 204%
  • (248,000 / $121,000)
  • 329%
  • (300,000 / $91,000)
3Us Bank 80 83%11%
  • 251%
  • (254,000 / $101,000)
  • 195%
  • (283,000 / $145,000)
4Jpmorgan Chase Bank 54 77%14%
  • 194%
  • (392,000 / $202,000)
  • 294%
  • (300,000 / $102,000)
5Citimortgage 53 71%15%
  • 204%
  • (289,000 / $141,000)
  • 429%
  • (417,000 / $97,000)
6Bank Of America 45 71%15%
  • 248%
  • (224,000 / $90,000)
  • 408%
  • (404,000 / $99,000)
7Affinity Plus Federal Credit U 41 73%0%
  • 141%
  • (168,000 / $119,000)
0
8Merchants Bank 29 65%10%
  • 208%
  • (156,000 / $75,000)
  • 246%
  • (190,000 / $77,000)
9Wells Fargo Funding 27 96%0%
  • 279%
  • (165,000 / $59,000)
0
10Agstar Financial Services 26 50%7%
  • 377%
  • (1,107,000 / $293,000)
  • 532%
  • (394,000 / $74,000)
11Countrywide Bank Fsb 24 83%16%
  • 286%
  • (281,000 / $98,000)
  • 403%
  • (230,000 / $57,000)
12Citibank 24 75%12%
  • 170%
  • (312,000 / $183,000)
  • 70%
  • (43,000 / $61,000)
13Tcf National Bank 23 34%26%
  • 235%
  • (153,000 / $65,000)
  • 571%
  • (200,000 / $35,000)
14State Bank & Trust 23 73%13%
  • 270%
  • (111,000 / $41,000)
  • 380%
  • (380,000 / $100,000)
15Provident Funding Associates 19 73%21%
  • 327%
  • (200,000 / $61,000)
  • 336%
  • (296,000 / $88,000)
16Us Bank North Dakota 17 58%35%
  • 194%
  • (115,000 / $59,000)
  • 409%
  • (340,000 / $83,000)
17United Guaranty Corporation 17 70%11%
  • 240%
  • (159,000 / $66,000)
  • 353%
  • (318,000 / $90,000)
18Countrywide Home Loans 17 94%5%
  • 234%
  • (225,000 / $96,000)
  • 190%
  • (456,000 / $240,000)
19Bell America Mortgage Llc Dba 16 68%0%
  • 373%
  • (269,000 / $72,000)
0
20Phh Home Loans 15 93%0%
  • 279%
  • (109,000 / $39,000)
0

Coates, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,425
  2. Loan Applications Denied: 218
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 991
  5. % of Loan Applications Originated 69

Coates, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral17
Debt-to-income ratio11
Credit history6
Credit application incomplete5
Unverifiable information3

Coates, 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 - $100,000216 7211
$100,000 - $300,000920 7113
$300,000 - $500,000271 5921
$500,000 - $1,000,00012 3350
$1,000,000 - $1,500,0006 1633

Coates, 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 - $100,000911 6816
$100,000 - $300,000496 7113
$300,000 - $500,00010 6010
$500,000 - $1,000,0005 1000
$1,000,000 - $1,500,0001 00
$1,500,000 - $2,000,0001 1000
> $2,000,0001 0100

Loan to Income Ratios Research for Mortgage in Coates, 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%4667 15
30 - 60%6476 9
60 - 100%7079 7
100 - 200%30175 9
200 - 300%44370 14
300 - 400%24964 16
> 400%25257 25

Coates, 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 Dwelling1,393 6915
Not Owner-Occupied As A Principal Dwelling32 7512

Home Owner Property Type Statistics in Coates, 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)1,365 6915
One To Four-Family56 765
Manufactured Housing4 2550
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