Top Deer Creek, MN Mortgage Lenders

RankDeer Creek Mortgage LenderDeer Creek Home Loans ProcessedDeer Creek Home Loans ApprovedDeer Creek Home Loans DeniedDeer Creek Mortgage Median Loan to Income Ratio (LTR) for Approved LoansDeer Creek Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 418 69%14%
  • 184%
  • (332,000 Loan / $180,000 Income)
  • 198%
  • (123,000 Loan / $62,000 Income)
2Jpmorgan Chase Bank 186 84%12%
  • 244%
  • (61,000 / $25,000)
  • 245%
  • (49,000 / $20,000)
3Bremer Bank Na (Fargo) 156 76%7%
  • 148%
  • (131,000 / $88,000)
  • 107%
  • (45,000 / $42,000)
4Us Bank 120 80%10%
  • 222%
  • (120,000 / $54,000)
  • 262%
  • (160,000 / $61,000)
5Citimortgage 83 81%10%
  • 250%
  • (125,000 / $50,000)
  • 160%
  • (96,000 / $60,000)
6Phh Mortgage Corporation 81 95%1%
  • 200%
  • (110,000 / $55,000)
  • 145%
  • (45,000 / $31,000)
7Countrywide Bank Fsb 71 80%14%
  • 206%
  • (298,000 / $144,000)
  • 213%
  • (417,000 / $195,000)
8Merchants Bank 57 89%8%
  • 218%
  • (72,000 / $33,000)
  • 222%
  • (160,000 / $72,000)
9State Bank & Trust 55 80%10%
  • 153%
  • (180,000 / $117,000)
  • 200%
  • (20,000 / $10,000)
10Genworth Mortgage Insurance Co 54 51%3%
  • 248%
  • (92,000 / $37,000)
  • 274%
  • (140,000 / $51,000)
11Bank Of America 47 82%10%
  • 228%
  • (158,000 / $69,000)
  • 171%
  • (84,000 / $49,000)
12Affinity Plus Federal Credit U 46 63%6%
  • 132%
  • (105,000 / $79,000)
  • 230%
  • (145,000 / $63,000)
13Mortgage Guaranty Insurance Co 45 68%6%
  • 250%
  • (55,000 / $22,000)
  • 180%
  • (94,000 / $52,000)
14Embrace Home Loans, 40 15%47%
  • 262%
  • (84,000 / $32,000)
  • 312%
  • (125,000 / $40,000)
15Countrywide Home Loans 39 82%12%
  • 282%
  • (144,000 / $51,000)
  • 159%
  • (132,000 / $83,000)
16Citibank 35 68%20%
  • 119%
  • (116,000 / $97,000)
  • 64%
  • (46,000 / $71,000)
17Citifinancial Services Inc 29 34%37%
  • 281%
  • (104,000 / $37,000)
  • 72%
  • (35,000 / $48,000)
18Central Mn Cu 29 48%31%
  • 102%
  • (35,000 / $34,000)
  • 190%
  • (80,000 / $42,000)
19Us Bank North Dakota 28 25%42%
  • 92%
  • (23,000 / $25,000)
  • 237%
  • (133,000 / $56,000)
20Quicken Loans 28 75%17%
  • 240%
  • (147,000 / $61,000)
  • 363%
  • (403,000 / $111,000)

Deer Creek, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,572
  2. Loan Applications Denied: 422
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 1,739
  5. % of Loan Applications Originated 67

Deer Creek, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Debt-to-income ratio8
Credit history6
Credit application incomplete3
Unverifiable information2

Deer Creek, 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 - $100,000912 6519
$100,000 - $300,0001,468 6814
$300,000 - $500,000188 6517
$500,000 - $1,000,0004 750

Deer Creek, 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 - $100,0001,970 6518
$100,000 - $300,000538 7311
$300,000 - $500,00047 756
$500,000 - $1,000,00015 720
$1,000,000 - $1,500,0002 1000

Loan to Income Ratios Research for Mortgage in Deer Creek, 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%7572 13
30 - 60%15662 16
60 - 100%24470 16
100 - 200%78370 14
200 - 300%65268 14
300 - 400%38066 16
> 400%28253 25

Deer Creek, 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 Dwelling1,986 6318
Not Owner-Occupied As A Principal Dwelling561 809
Not Applicable2 500

Home Owner Property Type Statistics in Deer Creek, 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)2,338 6717
One To Four-Family168 672
Manufactured Housing66 5425
More Deer Creek, MN Mortgage Research: