Top Cold Spring, MN Mortgage Lenders

RankCold Spring Mortgage LenderCold Spring Home Loans ProcessedCold Spring Home Loans ApprovedCold Spring Home Loans DeniedCold Spring Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCold Spring Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 358 75%9%
  • 201%
  • (139,000 Loan / $69,000 Income)
  • 226%
  • (77,000 Loan / $34,000 Income)
2Liberty Savings Bank Fsb 218 91%3%
  • 236%
  • (168,000 / $71,000)
  • 320%
  • (125,000 / $39,000)
3First Natl Bank Of Cold Spring 192 70%18%
  • 175%
  • (168,000 / $96,000)
  • 351%
  • (158,000 / $45,000)
4Us Bank 145 93%4%
  • 207%
  • (224,000 / $108,000)
  • 304%
  • (131,000 / $43,000)
5Jpmorgan Chase Bank 125 86%11%
  • 246%
  • (165,000 / $67,000)
  • 347%
  • (139,000 / $40,000)
6Bremer Bank Na (St Cloud) 80 92%1%
  • 208%
  • (200,000 / $96,000)
  • 36%
  • (60,000 / $164,000)
7Mortgage Guaranty Insurance Co 64 78%1%
  • 292%
  • (190,000 / $65,000)
  • 212%
  • (117,000 / $55,000)
8Bank Of America 61 80%9%
  • 220%
  • (278,000 / $126,000)
  • 271%
  • (271,000 / $100,000)
9Citimortgage 58 87%1%
  • 246%
  • (276,000 / $112,000)
  • 412%
  • (330,000 / $80,000)
10Central Minnesota Cu 51 82%5%
  • 176%
  • (161,000 / $91,000)
  • 194%
  • (208,000 / $107,000)
11Central Mn Cu 50 60%14%
  • 198%
  • (147,000 / $74,000)
  • 358%
  • (154,000 / $43,000)
12Phh Mortgage Corporation 47 91%0%
  • 216%
  • (238,000 / $110,000)
0
13State Bank Of Cold Spring 44 88%4%
  • 127%
  • (87,000 / $68,000)
  • 366%
  • (110,000 / $30,000)
14Wells Fargo Funding 40 95%5%
  • 248%
  • (174,000 / $70,000)
  • 340%
  • (225,000 / $66,000)
15Mortgage Services Iii, L.L.C. 38 71%13%
  • 300%
  • (117,000 / $39,000)
  • 397%
  • (167,000 / $42,000)
16Countrywide Bank Fsb 35 80%14%
  • 400%
  • (124,000 / $31,000)
  • 365%
  • (128,000 / $35,000)
17Beneficial Company Llc 35 5%68%
  • 259%
  • (200,000 / $77,000)
  • 318%
  • (175,000 / $55,000)
18State Bank Of Richmond 31 83%3%
  • 202%
  • (97,000 / $48,000)
  • 681%
  • (75,000 / $11,000)
19Bankvista 30 100%0%
  • 213%
  • (190,000 / $89,000)
0
20Citibank 29 82%6%
  • 121%
  • (45,000 / $37,000)
  • 234%
  • (197,000 / $84,000)

Cold Spring, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,585
  2. Loan Applications Denied: 298
  3. % of Loan Applications Denied: 11
  4. # of Loan Originations: 1,958
  5. % of Loan Applications Originated 75

Cold Spring, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral8
Debt-to-income ratio7
Credit history7
Credit application incomplete2
Unverifiable information1

Cold Spring, 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 - $100,000562 7411
$100,000 - $300,0001,865 7511
$300,000 - $500,000154 7810
$500,000 - $1,000,0004 5025

Cold Spring, 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 - $100,0001,989 7313
$100,000 - $300,000575 806
$300,000 - $500,00015 866
$500,000 - $1,000,0005 1000
$1,000,000 - $1,500,0001 00

Loan to Income Ratios Research for Mortgage in Cold Spring, 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%6177 11
30 - 60%10775 12
60 - 100%19577 6
100 - 200%71278 8
200 - 300%75176 8
300 - 400%45276 13
> 400%30760 23

Cold Spring, 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 Dwelling2,433 7511
Not Owner-Occupied As A Principal Dwelling137 835
Not Applicable6 830

Home Owner Property Type Statistics in Cold Spring, 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)2,410 7511
One To Four-Family150 792
Manufactured Housing25 3644
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