Top Danville, MN Mortgage Lenders

RankDanville Mortgage LenderDanville Home Loans ProcessedDanville Home Loans ApprovedDanville Home Loans DeniedDanville Mortgage Median Loan to Income Ratio (LTR) for Approved LoansDanville Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 160 72%12%
  • 206%
  • (101,000 Loan / $49,000 Income)
  • 187%
  • (58,000 Loan / $31,000 Income)
2Agstar Financial Services 53 56%3%
  • 199%
  • (209,000 / $105,000)
  • 177%
  • (225,000 / $127,000)
3Wells Federal Bank 36 58%19%
  • 202%
  • (73,000 / $36,000)
  • 298%
  • (275,000 / $92,000)
4Affinity Plus Federal Credit U 36 61%11%
  • 74%
  • (35,000 / $47,000)
  • 258%
  • (194,000 / $75,000)
5Wells Fargo Fin'l Minnesota 23 26%56%
  • 316%
  • (133,000 / $42,000)
  • 214%
  • (150,000 / $70,000)
6Us Bank 23 73%21%
  • 170%
  • (116,000 / $68,000)
  • 395%
  • (91,000 / $23,000)
7Pioneer Bank 20 70%5%
  • 207%
  • (58,000 / $28,000)
  • 234%
  • (115,000 / $49,000)
8Tcf National Bank 19 52%31%
  • 216%
  • (130,000 / $60,000)
  • 258%
  • (80,000 / $31,000)
9Genworth Mortgage Insurance Co 19 63%0%
  • 253%
  • (124,000 / $49,000)
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10Mortgage Guaranty Insurance Co 17 64%11%
  • 186%
  • (108,000 / $58,000)
  • 240%
  • (144,000 / $60,000)
11Roundbank 16 87%6%
  • 131%
  • (63,000 / $48,000)
  • 188%
  • (115,000 / $61,000)
12Minnstar Bank N.A. 16 87%6%
  • 94%
  • (75,000 / $79,000)
  • 87%
  • (49,000 / $56,000)
13Community Bank Mankato 16 93%6%
  • 161%
  • (105,000 / $65,000)
  • 297%
  • (110,000 / $37,000)
14Countrywide Bank Fsb 15 40%46%
  • 443%
  • (204,000 / $46,000)
  • 240%
  • (144,000 / $60,000)
15Mortgage Services Iii, L.L.C. 13 46%38%
  • 330%
  • (99,000 / $30,000)
  • 247%
  • (94,000 / $38,000)
16Jpmorgan Chase Bank 12 91%8%
  • 253%
  • (152,000 / $60,000)
  • 307%
  • (200,000 / $65,000)
17First Suburban National Bank 12 25%33%
  • 196%
  • (100,000 / $51,000)
  • 257%
  • (103,000 / $40,000)
18Countrywide Home Loans 9 77%11%
  • 164%
  • (120,000 / $73,000)
  • 260%
  • (156,000 / $60,000)
19Merchants Bank 8 87%12%
  • 164%
  • (92,000 / $56,000)
  • 121%
  • (102,000 / $84,000)
20Hfc Company Llc 8 37%50%
  • 197%
  • (97,000 / $49,000)
  • 371%
  • (156,000 / $42,000)

Danville, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 749
  2. Loan Applications Denied: 136
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 463
  5. % of Loan Applications Originated 61

Danville, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history12
Collateral10
Debt-to-income ratio7
Unverifiable information2
Insufficient cash (downpayment, closing costs)1

Danville, 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 - $100,000324 6915
$100,000 - $300,000411 5520
$300,000 - $500,00014 5614

Danville, 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 - $100,000668 6019
$100,000 - $300,00078 705
$300,000 - $500,0001 00
$500,000 - $1,000,0002 500

Loan to Income Ratios Research for Mortgage in Danville, 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%3259 15
30 - 60%4055 20
60 - 100%6874 11
100 - 200%21670 12
200 - 300%23156 19
300 - 400%9958 24
> 400%6345 28

Danville, 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 Dwelling717 6117
Not Owner-Occupied As A Principal Dwelling31 6429
Not Applicable1 00

Home Owner Property Type Statistics in Danville, 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)686 6118
One To Four-Family56 713
Manufactured Housing7 2857
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