Top Compton, MN Mortgage Lenders

RankCompton Mortgage LenderCompton Home Loans ProcessedCompton Home Loans ApprovedCompton Home Loans DeniedCompton Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCompton Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 325 72%13%
  • 194%
  • (150,000 Loan / $77,000 Income)
  • 229%
  • (124,000 Loan / $54,000 Income)
2Jpmorgan Chase Bank 154 85%12%
  • 241%
  • (150,000 / $62,000)
  • 196%
  • (159,000 / $81,000)
3Bremer Bank Na (Fargo) 123 76%6%
  • 142%
  • (60,000 / $42,000)
  • 105%
  • (90,000 / $85,000)
4Us Bank 102 76%11%
  • 230%
  • (210,000 / $91,000)
  • 262%
  • (160,000 / $61,000)
5Phh Mortgage Corporation 71 94%1%
  • 191%
  • (140,000 / $73,000)
  • 145%
  • (45,000 / $31,000)
6Citimortgage 58 79%13%
  • 250%
  • (125,000 / $50,000)
  • 269%
  • (105,000 / $39,000)
7Merchants Bank 57 89%8%
  • 218%
  • (72,000 / $33,000)
  • 222%
  • (160,000 / $72,000)
8Countrywide Bank Fsb 47 85%10%
  • 198%
  • (141,000 / $71,000)
  • 212%
  • (134,000 / $63,000)
9Genworth Mortgage Insurance Co 46 58%2%
  • 243%
  • (90,000 / $37,000)
  • 274%
  • (140,000 / $51,000)
10Mortgage Guaranty Insurance Co 38 65%7%
  • 295%
  • (71,000 / $24,000)
  • 180%
  • (94,000 / $52,000)
11Bank Of America 38 81%10%
  • 228%
  • (158,000 / $69,000)
  • 297%
  • (205,000 / $69,000)
12Affinity Plus Federal Credit U 38 57%7%
  • 140%
  • (225,000 / $160,000)
  • 230%
  • (145,000 / $63,000)
13Embrace Home Loans, 37 16%48%
  • 262%
  • (84,000 / $32,000)
  • 312%
  • (125,000 / $40,000)
14State Bank & Trust 34 76%11%
  • 157%
  • (417,000 / $264,000)
  • 200%
  • (20,000 / $10,000)
15Citibank 29 75%17%
  • 142%
  • (80,000 / $56,000)
  • 60%
  • (90,000 / $150,000)
16Central Mn Cu 29 48%31%
  • 102%
  • (35,000 / $34,000)
  • 190%
  • (80,000 / $42,000)
17Countrywide Home Loans 28 82%10%
  • 282%
  • (144,000 / $51,000)
  • 39%
  • (33,000 / $83,000)
18Quicken Loans 26 76%15%
  • 245%
  • (118,000 / $48,000)
  • 441%
  • (247,000 / $56,000)
19Us Bank North Dakota 23 30%39%
  • 92%
  • (23,000 / $25,000)
  • 233%
  • (168,000 / $72,000)
20Citifinancial Services Inc 21 33%42%
  • 281%
  • (104,000 / $37,000)
  • 72%
  • (35,000 / $48,000)

Compton, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,034
  2. Loan Applications Denied: 336
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 1,382
  5. % of Loan Applications Originated 67

Compton, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Debt-to-income ratio7
Credit history7
Credit application incomplete3
Unverifiable information2

Compton, 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 - $100,000738 6520
$100,000 - $300,0001,172 6814
$300,000 - $500,000122 6516
$500,000 - $1,000,0002 1000

Compton, 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 - $100,0001,628 6518
$100,000 - $300,000361 769
$300,000 - $500,00033 756
$500,000 - $1,000,00010 600
$1,000,000 - $1,500,0002 1000

Loan to Income Ratios Research for Mortgage in Compton, 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%5371 15
30 - 60%10461 20
60 - 100%19469 16
100 - 200%63369 15
200 - 300%53568 15
300 - 400%29767 15
> 400%21855 23

Compton, 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 Dwelling1,635 6518
Not Owner-Occupied As A Principal Dwelling383 799
Not Applicable2 500

Home Owner Property Type Statistics in Compton, 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)1,850 6817
One To Four-Family139 712
Manufactured Housing45 5524
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