Top Cushing, MN Mortgage Lenders

RankCushing Mortgage LenderCushing Home Loans ProcessedCushing Home Loans ApprovedCushing Home Loans DeniedCushing Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCushing Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 413 64%18%
  • 205%
  • (335,000 Loan / $163,000 Income)
  • 233%
  • (131,000 Loan / $56,000 Income)
2Jpmorgan Chase Bank 146 76%19%
  • 231%
  • (74,000 / $32,000)
  • 225%
  • (97,000 / $43,000)
3Us Bank 125 78%11%
  • 205%
  • (140,000 / $68,000)
  • 227%
  • (164,000 / $72,000)
4Countrywide Bank Fsb 104 60%28%
  • 218%
  • (177,000 / $81,000)
  • 257%
  • (306,000 / $119,000)
5Citimortgage 100 74%20%
  • 269%
  • (151,000 / $56,000)
  • 69%
  • (156,000 / $223,000)
6Us Bk Na Nd 98 42%43%
  • 133%
  • (180,000 / $135,000)
  • 182%
  • (95,000 / $52,000)
7Us Bank North Dakota 96 36%48%
  • 135%
  • (46,000 / $34,000)
  • 197%
  • (201,000 / $102,000)
8Bell America Mortgage Llc Dba 94 65%2%
  • 305%
  • (223,000 / $73,000)
  • 305%
  • (110,000 / $36,000)
9Affinity Plus Federal Credit U 91 52%10%
  • 109%
  • (46,000 / $42,000)
  • 215%
  • (110,000 / $51,000)
10Beneficial Company Llc 77 1%80%
  • 201%
  • (199,000 / $99,000)
  • 220%
  • (170,000 / $77,000)
11Countrywide Home Loans 62 75%17%
  • 265%
  • (138,000 / $52,000)
  • 258%
  • (137,000 / $53,000)
12Home Savings Of America 59 62%23%
  • 189%
  • (91,000 / $48,000)
  • 180%
  • (130,000 / $72,000)
13Bank Of America 59 79%11%
  • 288%
  • (78,000 / $27,000)
  • 175%
  • (105,000 / $60,000)
14Liberty Savings Bank Fsb 58 84%13%
  • 202%
  • (213,000 / $105,000)
  • 245%
  • (108,000 / $44,000)
15Flagstar Bank 48 83%12%
  • 236%
  • (85,000 / $36,000)
  • 232%
  • (114,000 / $49,000)
16Citibank 48 58%20%
  • 166%
  • (175,000 / $105,000)
  • 86%
  • (56,000 / $65,000)
17Taylor, Bean & Whitaker 46 100%0%
  • 195%
  • (127,000 / $65,000)
0
18Bremer Bank Na (St Cloud) 42 83%7%
  • 147%
  • (99,000 / $67,000)
  • 83%
  • (75,000 / $90,000)
19Unity Bank 41 90%7%
  • 171%
  • (103,000 / $60,000)
  • 316%
  • (114,000 / $36,000)
20Mortgage Guaranty Insurance Co 41 75%0%
  • 229%
  • (218,000 / $95,000)
0

Cushing, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,179
  2. Loan Applications Denied: 664
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 1,968
  5. % of Loan Applications Originated 61

Cushing, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Credit history13
Debt-to-income ratio10
Credit application incomplete3
Unverifiable information2

Cushing, 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 - $100,000951 5724
$100,000 - $300,0002,075 6319
$300,000 - $500,000142 5619
$500,000 - $1,000,00011 5436

Cushing, 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 - $100,0002,543 5921
$100,000 - $300,000564 6715
$300,000 - $500,00043 5332
$500,000 - $1,000,00023 4747
$1,000,000 - $1,500,0003 1000
> $2,000,0003 1000

Loan to Income Ratios Research for Mortgage in Cushing, 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%10455 26
30 - 60%17260 27
60 - 100%28262 23
100 - 200%83566 17
200 - 300%92564 17
300 - 400%50158 21
> 400%36048 30

Cushing, 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 Dwelling2,721 6021
Not Owner-Occupied As A Principal Dwelling432 7017
Not Applicable11 3636

Home Owner Property Type Statistics in Cushing, 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)2,882 6121
One To Four-Family154 751
Manufactured Housing143 4833
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