Top Dell Grove, MN Mortgage Lenders

RankDell Grove Mortgage LenderDell Grove Home Loans ProcessedDell Grove Home Loans ApprovedDell Grove Home Loans DeniedDell Grove Mortgage Median Loan to Income Ratio (LTR) for Approved LoansDell Grove Mortgage Median LTR for Denied Loans
1Northview Bank 278 56%22%
  • 168%
  • (160,000 Loan / $95,000 Income)
  • 212%
  • (53,000 Loan / $25,000 Income)
2Lake State Federal Credit Unio 256 17%23%
  • 168%
  • (49,000 / $29,000)
  • 334%
  • (281,000 / $84,000)
3Wells Fargo Bank 232 53%23%
  • 193%
  • (62,000 / $32,000)
  • 230%
  • (159,000 / $69,000)
4Woodlands National Bank 160 33%34%
  • 145%
  • (67,000 / $46,000)
  • 269%
  • (35,000 / $13,000)
5Phh Mortgage Corporation 95 91%4%
  • 247%
  • (173,000 / $70,000)
  • 213%
  • (169,000 / $79,000)
6Jpmorgan Chase Bank 71 78%15%
  • 293%
  • (270,000 / $92,000)
  • 231%
  • (81,000 / $35,000)
7Us Bank 56 66%23%
  • 231%
  • (169,000 / $73,000)
  • 250%
  • (90,000 / $36,000)
8Countrywide Bank Fsb 52 59%32%
  • 250%
  • (115,000 / $46,000)
  • 300%
  • (135,000 / $45,000)
9Citimortgage 50 70%14%
  • 323%
  • (204,000 / $63,000)
  • 258%
  • (80,000 / $31,000)
10Mortgage Guaranty Insurance Co 47 70%2%
  • 281%
  • (200,000 / $71,000)
  • 214%
  • (120,000 / $56,000)
11Bank Of America 45 73%20%
  • 286%
  • (189,000 / $66,000)
  • 190%
  • (99,000 / $52,000)
12Beneficial Company Llc 40 7%85%
  • 20%
  • (15,000 / $75,000)
  • 242%
  • (85,000 / $35,000)
13Agstar Financial Services 38 52%15%
  • 174%
  • (190,000 / $109,000)
  • 317%
  • (149,000 / $47,000)
14Affinity Plus Federal Credit U 37 64%10%
  • 183%
  • (180,000 / $98,000)
  • 295%
  • (142,000 / $48,000)
15Us Bank North Dakota 32 37%46%
  • 155%
  • (212,000 / $136,000)
  • 203%
  • (132,000 / $65,000)
16Wealthbridge Mortgage Corp. 31 58%22%
  • 255%
  • (184,000 / $72,000)
  • 348%
  • (115,000 / $33,000)
17Towne Mortgage Company 31 90%6%
  • 266%
  • (112,000 / $42,000)
  • 696%
  • (202,000 / $29,000)
18Embrace Home Loans, 30 0%46% 0
  • 310%
  • (152,000 / $49,000)
19Countrywide Home Loans 29 68%27%
  • 225%
  • (99,000 / $44,000)
  • 284%
  • (142,000 / $50,000)
20Citibank 25 76%12%
  • 152%
  • (137,000 / $90,000)
  • 300%
  • (204,000 / $68,000)

Dell Grove, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,503
  2. Loan Applications Denied: 609
  3. % of Loan Applications Denied: 24
  4. # of Loan Originations: 1,276
  5. % of Loan Applications Originated 50

Dell Grove, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history16
Collateral14
Debt-to-income ratio12
Unverifiable information1
Employment history1

Dell Grove, 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 - $100,000941 5026
$100,000 - $300,0001,520 4923
$300,000 - $500,00040 5715
$500,000 - $1,000,0002 500

Dell Grove, 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 - $100,0002,166 4925
$100,000 - $300,000312 5916
$300,000 - $500,00019 7315
$500,000 - $1,000,0004 500
$1,000,000 - $1,500,0001 1000
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Dell Grove, 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%6762 29
30 - 60%10357 27
60 - 100%21361 21
100 - 200%68552 20
200 - 300%71850 22
300 - 400%43449 21
> 400%28333 43

Dell Grove, 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 Dwelling2,240 4925
Not Owner-Occupied As A Principal Dwelling250 6417
Not Applicable5 4020

Home Owner Property Type Statistics in Dell Grove, 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)2,175 5024
Manufactured Housing179 3439
One To Four-Family149 714
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