Top Dexter, MN Mortgage Lenders

RankDexter Mortgage LenderDexter Home Loans ProcessedDexter Home Loans ApprovedDexter Home Loans DeniedDexter Mortgage Median Loan to Income Ratio (LTR) for Approved LoansDexter Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 211 54%19%
  • 205%
  • (148,000 Loan / $72,000 Income)
  • 223%
  • (152,000 Loan / $68,000 Income)
2Us Bank 46 80%13%
  • 251%
  • (88,000 / $35,000)
  • 269%
  • (170,000 / $63,000)
3Agstar Financial Services 36 63%11%
  • 186%
  • (136,000 / $73,000)
  • 252%
  • (220,000 / $87,000)
4Think Mutual Bank 26 38%23%
  • 137%
  • (70,000 / $51,000)
  • 109%
  • (36,000 / $33,000)
5Home Federal Savings Bank 25 48%16%
  • 190%
  • (105,000 / $55,000)
  • 255%
  • (176,000 / $69,000)
6Citimortgage 22 63%18%
  • 310%
  • (93,000 / $30,000)
  • 238%
  • (301,000 / $126,000)
7North Shore Bank Of Commerce 21 66%23%
  • 250%
  • (100,000 / $40,000)
  • 242%
  • (102,000 / $42,000)
8Jpmorgan Chase Bank 20 70%30%
  • 288%
  • (121,000 / $42,000)
  • 243%
  • (300,000 / $123,000)
9Countrywide Bank Fsb 20 45%35%
  • 104%
  • (86,000 / $82,000)
  • 237%
  • (237,000 / $100,000)
10Affinity Plus Federal Credit U 20 65%5%
  • 177%
  • (172,000 / $97,000)
  • 275%
  • (110,000 / $40,000)
11Mortgage Guaranty Insurance Co 19 68%0%
  • 289%
  • (81,000 / $28,000)
0
12Bank Of America 18 77%11%
  • 247%
  • (84,000 / $34,000)
  • 74%
  • (125,000 / $168,000)
13Us Bank North Dakota 17 23%64%
  • 239%
  • (115,000 / $48,000)
  • 247%
  • (131,000 / $53,000)
14Members Cooperative Credit Uni 17 76%17%
  • 116%
  • (92,000 / $79,000)
  • 664%
  • (113,000 / $17,000)
15Countrywide Home Loans 17 52%29%
  • 155%
  • (123,000 / $79,000)
  • 241%
  • (152,000 / $63,000)
16Genworth Mortgage Insurance Co 15 66%0%
  • 227%
  • (243,000 / $107,000)
0
17Beneficial Company Llc 15 6%86%
  • 230%
  • (184,000 / $80,000)
  • 223%
  • (150,000 / $67,000)
18Wells Federal Bank 11 18%27%
  • 380%
  • (80,000 / $21,000)
  • 331%
  • (285,000 / $86,000)
19Wells Fargo Funding 10 100%0% 0 0
20Prime Lending 9 55%22%
  • 230%
  • (46,000 / $20,000)
  • 403%
  • (121,000 / $30,000)

Dexter, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 931
  2. Loan Applications Denied: 202
  3. % of Loan Applications Denied: 21
  4. # of Loan Originations: 536
  5. % of Loan Applications Originated 57

Dexter, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history15
Collateral13
Debt-to-income ratio9
Credit application incomplete4
Unverifiable information2

Dexter, 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 - $100,000429 5819
$100,000 - $300,000487 5622
$300,000 - $500,00012 3358
$500,000 - $1,000,0003 3333

Dexter, 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 - $100,000777 5622
$100,000 - $300,000147 5918
$300,000 - $500,0005 8020
$500,000 - $1,000,0002 5050

Loan to Income Ratios Research for Mortgage in Dexter, 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%3363 24
30 - 60%7162 23
60 - 100%8350 22
100 - 200%26261 14
200 - 300%25156 24
300 - 400%14757 23
> 400%8444 29

Dexter, 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 Dwelling826 5622
Not Owner-Occupied As A Principal Dwelling100 7017
Not Applicable3 660

Home Owner Property Type Statistics in Dexter, 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)861 5623
One To Four-Family50 762
Manufactured Housing20 6510
More Dexter, MN Mortgage Research: