Top Eagle Lake, MN Mortgage Lenders

RankEagle Lake Mortgage LenderEagle Lake Home Loans ProcessedEagle Lake Home Loans ApprovedEagle Lake Home Loans DeniedEagle Lake Mortgage Median Loan to Income Ratio (LTR) for Approved LoansEagle Lake Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 3,005 64%15%
  • 206%
  • (132,000 Loan / $64,000 Income)
  • 195%
  • (405,000 Loan / $207,000 Income)
2Affinity Plus Federal Credit U 642 64%6%
  • 113%
  • (147,000 / $129,000)
  • 211%
  • (165,000 / $78,000)
3Countrywide Bank Fsb 582 71%18%
  • 198%
  • (159,000 / $80,000)
  • 266%
  • (144,000 / $54,000)
4Citimortgage 547 76%10%
  • 215%
  • (200,000 / $93,000)
  • 313%
  • (166,000 / $53,000)
5Jpmorgan Chase Bank 472 78%16%
  • 231%
  • (74,000 / $32,000)
  • 236%
  • (85,000 / $36,000)
6Mortgage Guaranty Insurance Co 389 71%5%
  • 242%
  • (177,000 / $73,000)
  • 220%
  • (161,000 / $73,000)
7Us Bank 376 77%11%
  • 218%
  • (96,000 / $44,000)
  • 244%
  • (259,000 / $106,000)
8Countrywide Home Loans 352 82%13%
  • 244%
  • (120,000 / $49,000)
  • 245%
  • (204,000 / $83,000)
9Beneficial Company Llc 333 7%75%
  • 148%
  • (131,000 / $88,000)
  • 212%
  • (138,000 / $65,000)
10Bank Of America 325 74%16%
  • 197%
  • (186,000 / $94,000)
  • 240%
  • (84,000 / $35,000)
11Genworth Mortgage Insurance Co 324 64%1%
  • 248%
  • (144,000 / $58,000)
  • 221%
  • (162,000 / $73,000)
12Wells Fargo Funding 240 99%0%
  • 211%
  • (152,000 / $72,000)
  • 228%
  • (174,000 / $76,000)
13United Guaranty Corporation 236 80%3%
  • 259%
  • (200,000 / $77,000)
  • 189%
  • (104,000 / $55,000)
14Wells Fargo Fin'l Minnesota 217 16%57%
  • 260%
  • (271,000 / $104,000)
  • 171%
  • (171,000 / $100,000)
15Us Bank North Dakota 214 30%42%
  • 95%
  • (100,000 / $105,000)
  • 101%
  • (120,000 / $118,000)
16Citifinancial Services Inc 207 33%38%
  • 184%
  • (81,000 / $44,000)
  • 141%
  • (123,000 / $87,000)
17Citibank 202 79%14%
  • 69%
  • (75,000 / $108,000)
  • 83%
  • (26,000 / $31,000)
18Woodlands National Bank 167 39%37%
  • 171%
  • (120,000 / $70,000)
  • 237%
  • (57,000 / $24,000)
19Embrace Home Loans, 158 9%46%
  • 194%
  • (136,000 / $70,000)
  • 300%
  • (240,000 / $80,000)
20Phh Mortgage Corporation 155 87%4%
  • 229%
  • (108,000 / $47,000)
  • 212%
  • (276,000 / $130,000)

Eagle Lake, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 16,774
  2. Loan Applications Denied: 3,012
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 10,668
  5. % of Loan Applications Originated 63

Eagle Lake, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history9
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Eagle Lake, 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 - $100,0006,025 6020
$100,000 - $300,0009,615 6416
$300,000 - $500,0001,036 5820
$500,000 - $1,000,00095 4928
$1,000,000 - $1,500,0002 1000
$1,500,000 - $2,000,0001 1000

Eagle Lake, 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 - $100,00013,584 6118
$100,000 - $300,0002,917 6714
$300,000 - $500,000169 6515
$500,000 - $1,000,00084 7011
$1,000,000 - $1,500,00013 6915
$1,500,000 - $2,000,0002 1000
> $2,000,0005 8020

Loan to Income Ratios Research for Mortgage in Eagle Lake, 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%73666 18
30 - 60%1,10661 21
60 - 100%1,40960 19
100 - 200%4,58066 15
200 - 300%4,51064 15
300 - 400%2,62463 17
> 400%1,80951 27

Eagle Lake, 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 Dwelling15,218 6218
Not Owner-Occupied As A Principal Dwelling1,439 7214
Not Applicable26 5719

Home Owner Property Type Statistics in Eagle Lake, 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)14,870 6218
One To Four-Family1,455 752
Manufactured Housing449 4736
More Eagle Lake, MN Mortgage Research: