Top Custer, MN Mortgage Lenders

RankCuster Mortgage LenderCuster Home Loans ProcessedCuster Home Loans ApprovedCuster Home Loans DeniedCuster Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCuster Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 70 64%18%
  • 189%
  • (161,000 Loan / $85,000 Income)
  • 216%
  • (162,000 Loan / $75,000 Income)
2Merchants Bank 26 92%7%
  • 245%
  • (118,000 / $48,000)
  • 223%
  • (114,000 / $51,000)
3Genworth Mortgage Insurance Co 23 39%0%
  • 185%
  • (100,000 / $54,000)
0
4Citimortgage 19 52%26%
  • 460%
  • (336,000 / $73,000)
  • 368%
  • (188,000 / $51,000)
5Jpmorgan Chase Bank 18 77%16%
  • 219%
  • (114,000 / $52,000)
  • 178%
  • (41,000 / $23,000)
6Bank Of The West 17 88%5%
  • 82%
  • (34,000 / $41,000)
  • 282%
  • (277,000 / $98,000)
7Us Bank 11 90%9%
  • 288%
  • (245,000 / $85,000)
  • 108%
  • (160,000 / $148,000)
8Bremer Bank Na (Willmar) 11 90%0%
  • 210%
  • (166,000 / $79,000)
0
9Us Bank North Dakota 9 44%33%
  • 178%
  • (148,000 / $83,000)
  • 108%
  • (40,000 / $37,000)
10Mortgage Guaranty Insurance Co 8 100%0%
  • 278%
  • (170,000 / $61,000)
0
11Minnwest Mortgage Corporation 7 42%28%
  • 94%
  • (88,000 / $93,000)
  • 203%
  • (65,000 / $32,000)
12Homecomings Financial Llc 7 85%0%
  • 340%
  • (160,000 / $47,000)
0
13Embrace Home Loans, 7 14%42%
  • 300%
  • (147,000 / $49,000)
  • 164%
  • (41,000 / $25,000)
14Countrywide Bank Fsb 7 85%14%
  • 343%
  • (230,000 / $67,000)
  • 287%
  • (155,000 / $54,000)
15Quicken Loans 6 33%66%
  • 476%
  • (62,000 / $13,000)
  • 167%
  • (188,000 / $112,000)
16Phh Mortgage Corporation 6 83%0%
  • 230%
  • (23,000 / $10,000)
0
17Gmac Mortgage Llc 6 16%50%
  • 387%
  • (240,000 / $62,000)
  • 256%
  • (77,000 / $30,000)
18United Prairie Bank 5 20%60%
  • 26%
  • (9,000 / $34,000)
  • 137%
  • (120,000 / $87,000)
19United Guaranty Corporation 5 80%20%
  • 310%
  • (171,000 / $55,000)
  • 304%
  • (128,000 / $42,000)
20First Nlc Financial Services, 5 0%20% 0
  • 238%
  • (100,000 / $42,000)

Custer, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 401
  2. Loan Applications Denied: 74
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 254
  5. % of Loan Applications Originated 63

Custer, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral9
Credit history8
Debt-to-income ratio7
Mortgage insurance denied0
Unverifiable information0

Custer, 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 - $100,000167 6217
$100,000 - $300,000222 6120
$300,000 - $500,00011 720
$500,000 - $1,000,0001 1000

Custer, 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 - $100,000338 6318
$100,000 - $300,00057 5917
$300,000 - $500,0004 5025
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Custer, 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%1478 14
30 - 60%2360 17
60 - 100%3769 13
100 - 200%13156 20
200 - 300%10173 13
300 - 400%6962 21
> 400%2637 26

Custer, 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 Dwelling389 6318
Not Owner-Occupied As A Principal Dwelling11 5427

Home Owner Property Type Statistics in Custer, 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)357 6420
One To Four-Family42 592
Manufactured Housing2 050
More Custer, MN Mortgage Research: