Top Dale, MN Mortgage Lenders

RankDale Mortgage LenderDale Home Loans ProcessedDale Home Loans ApprovedDale Home Loans DeniedDale Mortgage Median Loan to Income Ratio (LTR) for Approved LoansDale Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 91 47%30%
  • 184%
  • (168,000 Loan / $91,000 Income)
  • 195%
  • (45,000 Loan / $23,000 Income)
2United Prairie Bank 65 33%40%
  • 63%
  • (40,000 / $63,000)
  • 153%
  • (95,000 / $62,000)
3Bank Of The West 49 57%26%
  • 84%
  • (96,000 / $113,000)
  • 69%
  • (55,000 / $79,000)
4Genworth Mortgage Insurance Co 45 57%0%
  • 191%
  • (46,000 / $24,000)
0
5Citifinancial Services Inc 38 26%52%
  • 196%
  • (49,000 / $25,000)
  • 188%
  • (68,000 / $36,000)
6Countrywide Bank Fsb 28 71%14%
  • 140%
  • (90,000 / $64,000)
  • 159%
  • (147,000 / $92,000)
7Agstar Financial Services 21 71%4%
  • 120%
  • (114,000 / $95,000)
  • 340%
  • (119,000 / $35,000)
8Jpmorgan Chase Bank 20 80%15%
  • 163%
  • (147,000 / $90,000)
  • 150%
  • (80,000 / $53,000)
9Embrace Home Loans, 20 15%30%
  • 268%
  • (86,000 / $32,000)
  • 292%
  • (111,000 / $38,000)
10Wells Fargo Fin'l Minnesota 18 16%77%
  • 174%
  • (68,000 / $39,000)
  • 227%
  • (141,000 / $62,000)
11Beneficial Company Llc 18 5%66%
  • 152%
  • (213,000 / $140,000)
  • 181%
  • (120,000 / $66,000)
12Bank Of America 18 66%11%
  • 151%
  • (121,000 / $80,000)
  • 160%
  • (192,000 / $120,000)
13Pioneer Bank 17 100%0%
  • 34%
  • (59,000 / $171,000)
0
14Associated Bank 16 100%0%
  • 134%
  • (43,000 / $32,000)
0
15Countrywide Home Loans 15 86%13%
  • 324%
  • (81,000 / $25,000)
  • 289%
  • (55,000 / $19,000)
16Wells Federal Bank 14 57%7%
  • 216%
  • (160,000 / $74,000)
  • 286%
  • (86,000 / $30,000)
17Mortgage Guaranty Insurance Co 14 50%7%
  • 247%
  • (89,000 / $36,000)
  • 470%
  • (94,000 / $20,000)
18Iowa Bankers Mortgage Corporat 14 92%7%
  • 157%
  • (129,000 / $82,000)
  • 143%
  • (154,000 / $107,000)
19Citimortgage 14 92%0%
  • 110%
  • (33,000 / $30,000)
0
20United Guaranty Corporation 12 66%0%
  • 156%
  • (72,000 / $46,000)
0

Dale, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 847
  2. Loan Applications Denied: 205
  3. % of Loan Applications Denied: 24
  4. # of Loan Originations: 456
  5. % of Loan Applications Originated 53

Dale, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history12
Collateral11
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information0

Dale, 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 - $100,000546 5126
$100,000 - $300,000296 5620
$300,000 - $500,0004 5050
$500,000 - $1,000,0001 1000

Dale, 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 - $100,000769 5125
$100,000 - $300,00071 6814
$300,000 - $500,0004 1000
$500,000 - $1,000,0001 00
$1,000,000 - $1,500,0001 1000
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Dale, 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%5662 19
30 - 60%6249 30
60 - 100%10560 22
100 - 200%31551 23
200 - 300%19453 24
300 - 400%8053 23
> 400%3542 34

Dale, 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 Dwelling796 5225
Not Owner-Occupied As A Principal Dwelling46 6913
Not Applicable4 750

Home Owner Property Type Statistics in Dale, 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)755 5226
One To Four-Family89 651
Manufactured Housing3 3366
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