Top Dassel, MN Mortgage Lenders

RankDassel Mortgage LenderDassel Home Loans ProcessedDassel Home Loans ApprovedDassel Home Loans DeniedDassel Mortgage Median Loan to Income Ratio (LTR) for Approved LoansDassel Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,221 62%16%
  • 191%
  • (113,000 Loan / $59,000 Income)
  • 184%
  • (35,000 Loan / $19,000 Income)
2Citimortgage 270 77%10%
  • 273%
  • (123,000 / $45,000)
  • 253%
  • (162,000 / $64,000)
3Jpmorgan Chase Bank 239 83%13%
  • 267%
  • (179,000 / $67,000)
  • 277%
  • (100,000 / $36,000)
4Countrywide Bank Fsb 223 74%17%
  • 214%
  • (208,000 / $97,000)
  • 285%
  • (220,000 / $77,000)
5State Bank & Trust 186 76%13%
  • 103%
  • (169,000 / $164,000)
  • 210%
  • (166,000 / $79,000)
6Bank Of The West 184 80%12%
  • 112%
  • (27,000 / $24,000)
  • 79%
  • (73,000 / $92,000)
7Us Bank 165 65%18%
  • 227%
  • (66,000 / $29,000)
  • 278%
  • (153,000 / $55,000)
8Associated Bank 164 69%14%
  • 153%
  • (69,000 / $45,000)
  • 98%
  • (58,000 / $59,000)
9Beneficial Company Llc 133 9%78%
  • 214%
  • (161,000 / $75,000)
  • 219%
  • (182,000 / $83,000)
10Countrywide Home Loans 123 74%17%
  • 217%
  • (126,000 / $58,000)
  • 156%
  • (50,000 / $32,000)
11Bremer Bank Na (Fargo) 117 70%6%
  • 121%
  • (90,000 / $74,000)
  • 257%
  • (49,000 / $19,000)
12Mortgage Guaranty Insurance Co 116 68%9%
  • 231%
  • (104,000 / $45,000)
  • 248%
  • (112,000 / $45,000)
13Citifinancial Services Inc 112 31%45%
  • 165%
  • (109,000 / $66,000)
  • 116%
  • (29,000 / $25,000)
14Genworth Mortgage Insurance Co 109 54%0%
  • 220%
  • (185,000 / $84,000)
  • 267%
  • (230,000 / $86,000)
15Affinity Plus Federal Credit U 108 62%1%
  • 107%
  • (114,000 / $106,000)
  • 490%
  • (108,000 / $22,000)
16Bank Of America 103 62%21%
  • 187%
  • (120,000 / $64,000)
  • 217%
  • (198,000 / $91,000)
17Agstar Financial Services 100 64%8%
  • 200%
  • (110,000 / $55,000)
  • 300%
  • (204,000 / $68,000)
18Wells Fargo Funding 88 98%1%
  • 151%
  • (290,000 / $192,000)
  • 215%
  • (140,000 / $65,000)
19Citibank 86 67%27%
  • 64%
  • (115,000 / $178,000)
  • 92%
  • (35,000 / $38,000)
20Frandsen Bank & Trust 81 90%8%
  • 123%
  • (112,000 / $91,000)
  • 46%
  • (30,000 / $65,000)

Dassel, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 7,204
  2. Loan Applications Denied: 1,357
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 4,576
  5. % of Loan Applications Originated 63

Dassel, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history11
Debt-to-income ratio8
Credit application incomplete3
Unverifiable information1

Dassel, 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 - $100,0003,149 6021
$100,000 - $300,0003,639 6417
$300,000 - $500,000390 6811
$500,000 - $1,000,00019 5226
$1,000,000 - $1,500,0007 4242

Dassel, 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 - $100,0005,817 6120
$100,000 - $300,0001,209 6912
$300,000 - $500,00092 749
$500,000 - $1,000,00076 6815
$1,000,000 - $1,500,0002 5050
$1,500,000 - $2,000,0004 1000
> $2,000,0004 750

Loan to Income Ratios Research for Mortgage in Dassel, 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%42665 21
30 - 60%56665 19
60 - 100%72366 18
100 - 200%2,07065 15
200 - 300%1,73263 17
300 - 400%1,00661 19
> 400%68150 28

Dassel, 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 Dwelling6,268 6119
Not Owner-Occupied As A Principal Dwelling890 7511
Not Applicable6 1666

Home Owner Property Type Statistics in Dassel, 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)6,512 6319
One To Four-Family435 714
Manufactured Housing257 5035
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