Top Dennison, MN Mortgage Lenders

RankDennison Mortgage LenderDennison Home Loans ProcessedDennison Home Loans ApprovedDennison Home Loans DeniedDennison Mortgage Median Loan to Income Ratio (LTR) for Approved LoansDennison Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,661 66%13%
  • 208%
  • (213,000 Loan / $102,000 Income)
  • 182%
  • (71,000 Loan / $39,000 Income)
2Jpmorgan Chase Bank 422 81%15%
  • 236%
  • (78,000 / $33,000)
  • 243%
  • (151,000 / $62,000)
3Countrywide Bank Fsb 388 72%17%
  • 210%
  • (294,000 / $140,000)
  • 266%
  • (144,000 / $54,000)
4Citimortgage 372 78%9%
  • 205%
  • (160,000 / $78,000)
  • 278%
  • (334,000 / $120,000)
5Affinity Plus Federal Credit U 336 65%5%
  • 111%
  • (80,000 / $72,000)
  • 365%
  • (150,000 / $41,000)
6Mortgage Guaranty Insurance Co 272 70%6%
  • 255%
  • (138,000 / $54,000)
  • 241%
  • (239,000 / $99,000)
7Us Bank 247 79%12%
  • 226%
  • (104,000 / $46,000)
  • 280%
  • (317,000 / $113,000)
8Countrywide Home Loans 246 80%15%
  • 186%
  • (93,000 / $50,000)
  • 268%
  • (102,000 / $38,000)
9Genworth Mortgage Insurance Co 235 64%2%
  • 230%
  • (180,000 / $78,000)
  • 185%
  • (280,000 / $151,000)
10Bank Of America 232 76%13%
  • 232%
  • (174,000 / $75,000)
  • 289%
  • (139,000 / $48,000)
11Beneficial Company Llc 224 6%78%
  • 172%
  • (74,000 / $43,000)
  • 228%
  • (231,000 / $101,000)
12Us Bank North Dakota 212 37%41%
  • 93%
  • (54,000 / $58,000)
  • 122%
  • (93,000 / $76,000)
13Wells Fargo Funding 208 99%0%
  • 266%
  • (379,000 / $142,000)
  • 228%
  • (174,000 / $76,000)
14United Guaranty Corporation 163 82%2%
  • 241%
  • (340,000 / $141,000)
  • 195%
  • (178,000 / $91,000)
15Wells Fargo Fin'l Minnesota 151 23%52%
  • 276%
  • (235,000 / $85,000)
  • 240%
  • (120,000 / $50,000)
16Citibank 147 81%13%
  • 61%
  • (75,000 / $121,000)
  • 67%
  • (35,000 / $52,000)
17Embrace Home Loans, 139 11%43%
  • 209%
  • (92,000 / $44,000)
  • 276%
  • (108,000 / $39,000)
18Citifinancial Services Inc 129 33%42%
  • 173%
  • (92,000 / $53,000)
  • 108%
  • (52,000 / $48,000)
19Agstar Financial Services 129 55%6%
  • 240%
  • (780,000 / $324,000)
  • 312%
  • (200,000 / $64,000)
20Tcf National Bank 124 60%24%
  • 190%
  • (101,000 / $53,000)
  • 304%
  • (73,000 / $24,000)

Dennison, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 12,972
  2. Loan Applications Denied: 2,266
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 8,436
  5. % of Loan Applications Originated 65

Dennison, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history10
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Dennison, 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 - $100,0004,607 6120
$100,000 - $300,0007,570 6715
$300,000 - $500,000727 5919
$500,000 - $1,000,00066 5718
$1,000,000 - $1,500,0001 00
$1,500,000 - $2,000,0001 0100

Dennison, 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 - $100,00010,461 6318
$100,000 - $300,0002,328 6913
$300,000 - $500,000105 7010
$500,000 - $1,000,00060 818
$1,000,000 - $1,500,00013 6115
$1,500,000 - $2,000,0001 1000
> $2,000,0004 7525

Loan to Income Ratios Research for Mortgage in Dennison, 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%58166 20
30 - 60%78862 20
60 - 100%1,04860 20
100 - 200%3,58367 15
200 - 300%3,71167 14
300 - 400%1,99764 17
> 400%1,26451 28

Dennison, 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 Dwelling11,917 6417
Not Owner-Occupied As A Principal Dwelling965 7015
Not Applicable25 724

Home Owner Property Type Statistics in Dennison, 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)11,648 6418
One To Four-Family1,038 762
Manufactured Housing286 5136
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