Top Dunn, MN Mortgage Lenders

RankDunn Mortgage LenderDunn Home Loans ProcessedDunn Home Loans ApprovedDunn Home Loans DeniedDunn Mortgage Median Loan to Income Ratio (LTR) for Approved LoansDunn Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 564 71%10%
  • 182%
  • (181,000 Loan / $99,000 Income)
  • 243%
  • (336,000 Loan / $138,000 Income)
2State Bank & Trust 442 77%13%
  • 106%
  • (182,000 / $171,000)
  • 209%
  • (132,000 / $63,000)
3Bremer Bank Na (Fargo) 218 76%4%
  • 114%
  • (48,000 / $42,000)
  • 213%
  • (77,000 / $36,000)
4Citimortgage 138 85%5%
  • 178%
  • (417,000 / $233,000)
  • 425%
  • (132,000 / $31,000)
5Us Bank 123 74%13%
  • 211%
  • (178,000 / $84,000)
  • 269%
  • (116,000 / $43,000)
6Jpmorgan Chase Bank 108 84%12%
  • 272%
  • (404,000 / $148,000)
  • 222%
  • (256,000 / $115,000)
7Gate City Bank 96 84%1%
  • 122%
  • (130,000 / $106,000)
  • 964%
  • (270,000 / $28,000)
8Phh Mortgage Corporation 70 92%1%
  • 201%
  • (175,000 / $87,000)
  • 175%
  • (241,000 / $137,000)
9Midwest Bank 59 93%5%
  • 141%
  • (75,000 / $53,000)
  • 184%
  • (129,000 / $70,000)
10Countrywide Bank Fsb 58 75%20%
  • 259%
  • (348,000 / $134,000)
  • 283%
  • (176,000 / $62,000)
11Citibank 46 58%21%
  • 197%
  • (77,000 / $39,000)
  • 92%
  • (35,000 / $38,000)
12Bank Of America 46 63%21%
  • 192%
  • (110,000 / $57,000)
  • 327%
  • (193,000 / $59,000)
13American Federal Bank 40 95%2%
  • 137%
  • (368,000 / $268,000)
  • 191%
  • (94,000 / $49,000)
14Cornerstone Bank 37 86%0%
  • 135%
  • (141,000 / $104,000)
0
15Wells Fargo Funding 35 100%0%
  • 206%
  • (62,000 / $30,000)
0
16Countrywide Home Loans 33 81%15%
  • 241%
  • (104,000 / $43,000)
  • 141%
  • (1,050,000 / $744,000)
17First International Bank & Tru 32 84%9%
  • 158%
  • (146,000 / $92,000)
  • 217%
  • (200,000 / $92,000)
18Affinity Plus Federal Credit U 32 68%0%
  • 248%
  • (206,000 / $83,000)
0
19Us Bank North Dakota 30 30%50%
  • 174%
  • (350,000 / $201,000)
  • 267%
  • (75,000 / $28,000)
20Mortgage Guaranty Insurance Co 28 71%3%
  • 242%
  • (368,000 / $152,000)
  • 325%
  • (290,000 / $89,000)

Dunn, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,111
  2. Loan Applications Denied: 393
  3. % of Loan Applications Denied: 12
  4. # of Loan Originations: 2,266
  5. % of Loan Applications Originated 72

Dunn, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Debt-to-income ratio11
Credit history11
Credit application incomplete4
Unverifiable information3

Dunn, 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 - $100,000779 7014
$100,000 - $300,0001,863 7211
$300,000 - $500,000432 7511
$500,000 - $1,000,00029 5824
$1,000,000 - $1,500,0008 3750

Dunn, 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 - $100,0001,848 6715
$100,000 - $300,0001,047 788
$300,000 - $500,000121 862
$500,000 - $1,000,00082 7018
$1,000,000 - $1,500,0006 820
$1,500,000 - $2,000,0003 990
> $2,000,0004 1000

Loan to Income Ratios Research for Mortgage in Dunn, 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%14173 12
30 - 60%26080 8
60 - 100%40378 8
100 - 200%88875 11
200 - 300%67870 12
300 - 400%41169 14
> 400%33057 22

Dunn, 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 Dwelling1,979 6815
Not Owner-Occupied As A Principal Dwelling1,097 818
Not Applicable6 8316

Home Owner Property Type Statistics in Dunn, 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)2,913 7312
Manufactured Housing102 5127
One To Four-Family96 704
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