Top Dawson, MN Mortgage Lenders

RankDawson Mortgage LenderDawson Home Loans ProcessedDawson Home Loans ApprovedDawson Home Loans DeniedDawson Mortgage Median Loan to Income Ratio (LTR) for Approved LoansDawson Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,020 61%16%
  • 203%
  • (128,000 Loan / $63,000 Income)
  • 162%
  • (331,000 Loan / $204,000 Income)
2Affinity Plus Federal Credit U 305 68%6%
  • 111%
  • (40,000 / $36,000)
  • 247%
  • (171,000 / $69,000)
3Jpmorgan Chase Bank 283 78%16%
  • 231%
  • (67,000 / $29,000)
  • 200%
  • (120,000 / $60,000)
4Citimortgage 247 79%8%
  • 202%
  • (73,000 / $36,000)
  • 273%
  • (123,000 / $45,000)
5Countrywide Bank Fsb 239 71%18%
  • 236%
  • (170,000 / $72,000)
  • 261%
  • (89,000 / $34,000)
6Beneficial Company Llc 190 8%74%
  • 201%
  • (121,000 / $60,000)
  • 205%
  • (115,000 / $56,000)
7Bank Of America 156 76%14%
  • 226%
  • (145,000 / $64,000)
  • 219%
  • (114,000 / $52,000)
8Mortgage Guaranty Insurance Co 151 76%7%
  • 225%
  • (61,000 / $27,000)
  • 236%
  • (154,000 / $65,000)
9Us Bank 148 75%14%
  • 205%
  • (140,000 / $68,000)
  • 233%
  • (140,000 / $60,000)
10Countrywide Home Loans 146 77%16%
  • 185%
  • (145,000 / $78,000)
  • 247%
  • (136,000 / $55,000)
11Genworth Mortgage Insurance Co 136 63%5%
  • 226%
  • (145,000 / $64,000)
  • 276%
  • (58,000 / $21,000)
12Us Bank North Dakota 134 35%44%
  • 112%
  • (84,000 / $75,000)
  • 143%
  • (93,000 / $65,000)
13Riverwood Bank 111 74%7%
  • 141%
  • (220,000 / $156,000)
  • 89%
  • (25,000 / $28,000)
14Phh Mortgage Corporation 110 87%1%
  • 209%
  • (178,000 / $85,000)
  • 452%
  • (199,000 / $44,000)
15Embrace Home Loans, 102 11%44%
  • 117%
  • (33,000 / $28,000)
  • 285%
  • (80,000 / $28,000)
16Citifinancial Services Inc 101 32%41%
  • 172%
  • (38,000 / $22,000)
  • 137%
  • (40,000 / $29,000)
17Agstar Financial Services 97 64%8%
  • 194%
  • (264,000 / $136,000)
  • 243%
  • (100,000 / $41,000)
18Wells Fargo Funding 95 98%0%
  • 227%
  • (150,000 / $66,000)
0
19United Guaranty Corporation 93 75%6%
  • 228%
  • (162,000 / $71,000)
  • 236%
  • (59,000 / $25,000)
20Wells Fargo Fin'l Minnesota 83 16%50%
  • 178%
  • (68,000 / $38,000)
  • 218%
  • (168,000 / $77,000)

Dawson, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 7,117
  2. Loan Applications Denied: 1,379
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 4,450
  5. % of Loan Applications Originated 62

Dawson, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history9
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Dawson, 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 - $100,0003,017 6022
$100,000 - $300,0003,789 6317
$300,000 - $500,000286 5320
$500,000 - $1,000,00023 5234
$1,000,000 - $1,500,0001 1000
> $2,000,0001 1000

Dawson, 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 - $100,0005,992 6020
$100,000 - $300,0001,041 6713
$300,000 - $500,00052 6313
$500,000 - $1,000,00024 4133
$1,000,000 - $1,500,0007 7128
$1,500,000 - $2,000,0001 00

Loan to Income Ratios Research for Mortgage in Dawson, 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%30161 22
30 - 60%44858 22
60 - 100%64865 19
100 - 200%2,16465 17
200 - 300%1,93263 17
300 - 400%1,02860 18
> 400%59647 31

Dawson, 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 Dwelling6,616 6219
Not Owner-Occupied As A Principal Dwelling453 6916
Not Applicable14 1442

Home Owner Property Type Statistics in Dawson, 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)6,363 6120
One To Four-Family563 744
Manufactured Housing191 5127
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