Top Columbia Heights, MN Mortgage Lenders

RankColumbia Heights Mortgage LenderColumbia Heights Home Loans ProcessedColumbia Heights Home Loans ApprovedColumbia Heights Home Loans DeniedColumbia Heights Mortgage Median Loan to Income Ratio (LTR) for Approved LoansColumbia Heights Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,259 61%19%
  • 227%
  • (159,000 Loan / $70,000 Income)
  • 209%
  • (138,000 Loan / $66,000 Income)
2Tcf National Bank 403 27%42%
  • 234%
  • (89,000 / $38,000)
  • 319%
  • (150,000 / $47,000)
3Jpmorgan Chase Bank 288 83%13%
  • 225%
  • (122,000 / $54,000)
  • 216%
  • (128,000 / $59,000)
4Us Bank 274 73%13%
  • 250%
  • (160,000 / $64,000)
  • 289%
  • (84,000 / $29,000)
5Citimortgage 253 81%9%
  • 276%
  • (180,000 / $65,000)
  • 322%
  • (155,000 / $48,000)
6Bank Of America 192 77%13%
  • 221%
  • (164,000 / $74,000)
  • 297%
  • (128,000 / $43,000)
7Countrywide Bank Fsb 190 67%15%
  • 264%
  • (196,000 / $74,000)
  • 282%
  • (260,000 / $92,000)
8Citibank 141 78%10%
  • 140%
  • (111,000 / $79,000)
  • 123%
  • (126,000 / $102,000)
9Wells Fargo Funding 126 99%0%
  • 352%
  • (162,000 / $46,000)
  • 130%
  • (140,000 / $107,000)
10Affinity Plus Federal Credit U 118 59%5%
  • 121%
  • (128,000 / $105,000)
  • 187%
  • (150,000 / $80,000)
11Countrywide Home Loans 107 75%17%
  • 280%
  • (132,000 / $47,000)
  • 306%
  • (132,000 / $43,000)
12Us Bk Na Nd 105 38%53%
  • 126%
  • (96,000 / $76,000)
  • 166%
  • (35,000 / $21,000)
13Mortgage Guaranty Insurance Co 105 60%9%
  • 331%
  • (136,000 / $41,000)
  • 217%
  • (74,000 / $34,000)
14The Business Bank 93 91%5%
  • 289%
  • (214,000 / $74,000)
  • 388%
  • (97,000 / $25,000)
15Us Bank North Dakota 88 30%46%
  • 155%
  • (112,000 / $72,000)
  • 246%
  • (123,000 / $50,000)
16Bell America Mortgage Llc Dba 85 78%1%
  • 268%
  • (102,000 / $38,000)
  • 254%
  • (89,000 / $35,000)
17United Guaranty Corporation 84 72%4%
  • 264%
  • (206,000 / $78,000)
  • 232%
  • (93,000 / $40,000)
18Phh Home Loans 80 80%5%
  • 294%
  • (103,000 / $35,000)
  • 231%
  • (153,000 / $66,000)
19Hfc Company Llc 79 1%84%
  • 72%
  • (39,000 / $54,000)
  • 310%
  • (171,000 / $55,000)
20C.U. Mortgage Services, 67 61%7%
  • 200%
  • (231,000 / $115,000)
  • 226%
  • (172,000 / $76,000)

Columbia Heights, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 7,095
  2. Loan Applications Denied: 1,425
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 4,323
  5. % of Loan Applications Originated 60

Columbia Heights, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Credit history11
Debt-to-income ratio10
Credit application incomplete3
Unverifiable information2

Columbia Heights, 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 - $100,0002,094 5921
$100,000 - $300,0004,921 6019
$300,000 - $500,00079 4031
$500,000 - $1,000,0001 00

Columbia Heights, 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 - $100,0006,289 6020
$100,000 - $300,000776 5919
$300,000 - $500,00021 5723
$500,000 - $1,000,0007 280
$1,000,000 - $1,500,0001 0100
> $2,000,0001 0100

Loan to Income Ratios Research for Mortgage in Columbia Heights, 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%27654 28
30 - 60%35755 22
60 - 100%47159 21
100 - 200%1,57862 17
200 - 300%1,86265 16
300 - 400%1,52062 17
> 400%1,03148 29

Columbia Heights, 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 Dwelling6,610 6119
Not Owner-Occupied As A Principal Dwelling456 5723
Not Applicable3 1000

Home Owner Property Type Statistics in Columbia Heights, 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)6,617 6020
One To Four-Family431 695
Manufactured Housing47 1965
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