Top Corcoran, MN Mortgage Lenders

RankCorcoran Mortgage LenderCorcoran Home Loans ProcessedCorcoran Home Loans ApprovedCorcoran Home Loans DeniedCorcoran Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCorcoran Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 468 66%14%
  • 205%
  • (158,000 Loan / $77,000 Income)
  • 241%
  • (140,000 Loan / $58,000 Income)
2Jpmorgan Chase Bank 106 83%14%
  • 224%
  • (281,000 / $125,000)
  • 182%
  • (128,000 / $70,000)
3Us Bank 91 74%17%
  • 214%
  • (303,000 / $141,000)
  • 184%
  • (159,000 / $86,000)
4Citimortgage 73 76%6%
  • 277%
  • (280,000 / $101,000)
  • 354%
  • (326,000 / $92,000)
5Bank Of America 60 73%11%
  • 208%
  • (240,000 / $115,000)
  • 298%
  • (161,000 / $54,000)
6Wells Fargo Funding 59 100%0%
  • 265%
  • (255,000 / $96,000)
0
7Citibank 59 72%6%
  • 115%
  • (135,000 / $117,000)
  • 192%
  • (185,000 / $96,000)
8Tcf National Bank 53 39%30%
  • 312%
  • (150,000 / $48,000)
  • 252%
  • (179,000 / $71,000)
9Countrywide Bank Fsb 38 68%13%
  • 294%
  • (212,000 / $72,000)
  • 238%
  • (117,000 / $49,000)
10The Business Bank 30 93%6%
  • 244%
  • (237,000 / $97,000)
  • 459%
  • (147,000 / $32,000)
11Bell America Mortgage Llc Dba 29 62%0%
  • 326%
  • (415,000 / $127,000)
0
12Endura Financial Fcu 27 74%3%
  • 58%
  • (98,000 / $167,000)
  • 118%
  • (140,000 / $118,000)
13State Bank & Trust 24 83%4%
  • 227%
  • (100,000 / $44,000)
  • 1354%
  • (325,000 / $24,000)
14Us Bk Na Nd 23 65%21%
  • 132%
  • (1,000,000 / $756,000)
  • 416%
  • (750,000 / $180,000)
15Us Bank North Dakota 23 30%21%
  • 133%
  • (87,000 / $65,000)
  • 117%
  • (102,000 / $87,000)
16Provident Funding Associates 22 45%54%
  • 355%
  • (160,000 / $45,000)
  • 348%
  • (275,000 / $79,000)
17Countrywide Home Loans 22 81%18%
  • 376%
  • (290,000 / $77,000)
  • 333%
  • (290,000 / $87,000)
18United Guaranty Corporation 19 73%5%
  • 285%
  • (257,000 / $90,000)
  • 378%
  • (155,000 / $41,000)
19Trustone Financial Fcu 19 84%10%
  • 97%
  • (80,000 / $82,000)
  • 248%
  • (184,000 / $74,000)
20Radian Guaranty 19 89%0%
  • 307%
  • (289,000 / $94,000)
0

Corcoran, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,159
  2. Loan Applications Denied: 315
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 1,457
  5. % of Loan Applications Originated 67

Corcoran, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Debt-to-income ratio11
Credit history10
Credit application incomplete5
Unverifiable information1

Corcoran, 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 - $100,000332 6119
$100,000 - $300,0001,269 6912
$300,000 - $500,000464 6911
$500,000 - $1,000,00079 4630
$1,000,000 - $1,500,00011 2763
$1,500,000 - $2,000,0004 7525

Corcoran, 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 - $100,0001,123 6317
$100,000 - $300,000930 7011
$300,000 - $500,00060 758
$500,000 - $1,000,00040 6227
$1,000,000 - $1,500,0003 660
> $2,000,0003 6633

Loan to Income Ratios Research for Mortgage in Corcoran, 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%6154 19
30 - 60%9267 19
60 - 100%16867 13
100 - 200%60971 11
200 - 300%59369 12
300 - 400%39064 13
> 400%24655 26

Corcoran, 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 Dwelling2,104 6714
Not Owner-Occupied As A Principal Dwelling50 6222
Not Applicable3 660

Home Owner Property Type Statistics in Corcoran, 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)2,057 6813
One To Four-Family70 744
Manufactured Housing32 1581
More Corcoran, MN Mortgage Research: