Top Coon Rapids, MN Mortgage Lenders

RankCoon Rapids Mortgage LenderCoon Rapids Home Loans ProcessedCoon Rapids Home Loans ApprovedCoon Rapids Home Loans DeniedCoon Rapids Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCoon Rapids Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 4,763 67%15%
  • 208%
  • (150,000 Loan / $72,000 Income)
  • 198%
  • (147,000 Loan / $74,000 Income)
2Tcf National Bank 1,308 34%42%
  • 195%
  • (80,000 / $41,000)
  • 266%
  • (112,000 / $42,000)
3Jpmorgan Chase Bank 1,063 85%12%
  • 214%
  • (137,000 / $64,000)
  • 234%
  • (213,000 / $91,000)
4Us Bank 988 82%10%
  • 240%
  • (154,000 / $64,000)
  • 261%
  • (235,000 / $90,000)
5Citimortgage 842 79%7%
  • 213%
  • (62,000 / $29,000)
  • 268%
  • (177,000 / $66,000)
6Bank Of America 708 78%11%
  • 224%
  • (209,000 / $93,000)
  • 280%
  • (146,000 / $52,000)
7Countrywide Bank Fsb 646 74%13%
  • 240%
  • (130,000 / $54,000)
  • 296%
  • (273,000 / $92,000)
8Citibank 577 74%12%
  • 169%
  • (210,000 / $124,000)
  • 141%
  • (119,000 / $84,000)
9Wells Fargo Funding 507 99%0%
  • 177%
  • (163,000 / $92,000)
  • 235%
  • (132,000 / $56,000)
10Countrywide Home Loans 405 79%14%
  • 254%
  • (288,000 / $113,000)
  • 204%
  • (192,000 / $94,000)
11The Business Bank 385 91%6%
  • 252%
  • (126,000 / $50,000)
  • 317%
  • (203,000 / $64,000)
12Bell America Mortgage Llc Dba 373 70%2%
  • 274%
  • (148,000 / $54,000)
  • 414%
  • (145,000 / $35,000)
13Us Bank North Dakota 349 34%42%
  • 122%
  • (55,000 / $45,000)
  • 166%
  • (80,000 / $48,000)
14Us Bk Na Nd 322 49%39%
  • 110%
  • (96,000 / $87,000)
  • 170%
  • (188,000 / $110,000)
15Affinity Plus Federal Credit U 316 61%4%
  • 123%
  • (158,000 / $128,000)
  • 274%
  • (140,000 / $51,000)
16Mortgage Guaranty Insurance Co 314 71%7%
  • 308%
  • (139,000 / $45,000)
  • 298%
  • (227,000 / $76,000)
17C.U. Mortgage Services, 272 59%9%
  • 190%
  • (82,000 / $43,000)
  • 274%
  • (255,000 / $93,000)
18First Suburban National Bank 250 12%52%
  • 262%
  • (197,000 / $75,000)
  • 343%
  • (103,000 / $30,000)
19United Guaranty Corporation 248 73%9%
  • 262%
  • (134,000 / $51,000)
  • 267%
  • (233,000 / $87,000)
20Phh Home Loans 234 83%3%
  • 251%
  • (83,000 / $33,000)
  • 284%
  • (148,000 / $52,000)

Coon Rapids, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 25,012
  2. Loan Applications Denied: 4,474
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 16,071
  5. % of Loan Applications Originated 64

Coon Rapids, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Debt-to-income ratio10
Credit history10
Credit application incomplete3
Unverifiable information2

Coon Rapids, 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 - $100,0006,468 6319
$100,000 - $300,00018,004 6417
$300,000 - $500,000515 5222
$500,000 - $1,000,00022 2254
$1,000,000 - $1,500,0003 0100

Coon Rapids, 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 - $100,00020,644 6418
$100,000 - $300,0004,232 6415
$300,000 - $500,00077 5219
$500,000 - $1,000,00037 3513
$1,000,000 - $1,500,00013 2353
$1,500,000 - $2,000,0001 1000
> $2,000,0008 6237

Loan to Income Ratios Research for Mortgage in Coon Rapids, 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%1,14157 25
30 - 60%1,20758 20
60 - 100%1,74961 18
100 - 200%6,08868 14
200 - 300%7,05065 16
300 - 400%4,81465 17
> 400%2,96354 25

Coon Rapids, 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 Dwelling23,965 6417
Not Owner-Occupied As A Principal Dwelling992 6118
Not Applicable14 5042

Home Owner Property Type Statistics in Coon Rapids, 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)23,507 6318
One To Four-Family1,357 754
Manufactured Housing148 1662
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