Top Cook, MN Mortgage Lenders

RankCook Mortgage LenderCook Home Loans ProcessedCook Home Loans ApprovedCook Home Loans DeniedCook Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCook Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 510 60%15%
  • 157%
  • (148,000 Loan / $94,000 Income)
  • 180%
  • (101,000 Loan / $56,000 Income)
2American Bank Of The North 444 70%20%
  • 131%
  • (113,000 / $86,000)
  • 201%
  • (149,000 / $74,000)
3Us Bank 187 73%19%
  • 200%
  • (144,000 / $72,000)
  • 257%
  • (134,000 / $52,000)
4Us Bk Na Nd 111 47%39%
  • 131%
  • (120,000 / $91,000)
  • 205%
  • (37,000 / $18,000)
5Jpmorgan Chase Bank 107 76%22%
  • 242%
  • (204,000 / $84,000)
  • 218%
  • (216,000 / $99,000)
6Consumer Loan Services Llc 104 81%7%
  • 309%
  • (297,000 / $96,000)
  • 161%
  • (124,000 / $77,000)
7Bank Of America 101 65%19%
  • 197%
  • (77,000 / $39,000)
  • 269%
  • (229,000 / $85,000)
8Us Bank North Dakota 89 48%34%
  • 161%
  • (87,000 / $54,000)
  • 225%
  • (180,000 / $80,000)
9Phh Mortgage Corporation 68 80%2%
  • 200%
  • (200,000 / $100,000)
  • 112%
  • (136,000 / $121,000)
10Countrywide Bank Fsb 65 58%26%
  • 228%
  • (192,000 / $84,000)
  • 229%
  • (142,000 / $62,000)
11Citimortgage 57 57%15%
  • 288%
  • (144,000 / $50,000)
  • 347%
  • (292,000 / $84,000)
12Freedom Mortgage Corp. 55 65%14%
  • 228%
  • (210,000 / $92,000)
  • 325%
  • (176,000 / $54,000)
13First National Bank 52 92%3%
  • 88%
  • (45,000 / $51,000)
  • 1290%
  • (258,000 / $20,000)
14Affinity Plus Federal Credit U 50 76%2%
  • 123%
  • (83,000 / $67,000)
  • 72%
  • (70,000 / $96,000)
15Queen City Federal Savings Ban 47 95%2%
  • 163%
  • (200,000 / $122,000)
  • 32%
  • (50,000 / $156,000)
16Quicken Loans 45 68%22%
  • 217%
  • (135,000 / $62,000)
  • 366%
  • (352,000 / $96,000)
17Frandsen Bank & Trust 43 93%2%
  • 138%
  • (371,000 / $267,000)
  • 173%
  • (80,000 / $46,000)
18Wells Fargo Funding 41 100%0% 0 0
19Prime Lending 40 72%10%
  • 248%
  • (134,000 / $54,000)
  • 313%
  • (72,000 / $23,000)
20Northern State Bank Of Virgini 32 96%0%
  • 154%
  • (111,000 / $72,000)
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Cook, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,418
  2. Loan Applications Denied: 631
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 2,240
  5. % of Loan Applications Originated 65

Cook, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral21
Debt-to-income ratio12
Credit history9
Credit application incomplete3
Unverifiable information2

Cook, 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 - $100,0001,082 6517
$100,000 - $300,0001,913 6418
$300,000 - $500,000364 6620
$500,000 - $1,000,00057 5424
$1,000,000 - $1,500,0001 0100
> $2,000,0001 0100

Cook, 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 - $100,0002,321 6220
$100,000 - $300,000931 6914
$300,000 - $500,000115 7611
$500,000 - $1,000,00042 7319
$1,000,000 - $1,500,0004 750
$1,500,000 - $2,000,0002 1000
> $2,000,0003 3366

Loan to Income Ratios Research for Mortgage in Cook, 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%12068 15
30 - 60%21370 15
60 - 100%39370 13
100 - 200%1,13470 15
200 - 300%81164 17
300 - 400%39357 22
> 400%35445 35

Cook, 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 Dwelling2,386 6219
Not Owner-Occupied As A Principal Dwelling1,014 7116
Not Applicable2 1000

Home Owner Property Type Statistics in Cook, 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)3,207 6518
One To Four-Family110 764
Manufactured Housing101 5330
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