Top East Gull Lake, MN Mortgage Lenders

RankEast Gull Lake Mortgage LenderEast Gull Lake Home Loans ProcessedEast Gull Lake Home Loans ApprovedEast Gull Lake Home Loans DeniedEast Gull Lake Mortgage Median Loan to Income Ratio (LTR) for Approved LoansEast Gull Lake Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 443 64%14%
  • 210%
  • (141,000 Loan / $67,000 Income)
  • 200%
  • (90,000 Loan / $45,000 Income)
2Jpmorgan Chase Bank 167 85%13%
  • 213%
  • (98,000 / $46,000)
  • 216%
  • (132,000 / $61,000)
3Us Bank 165 77%12%
  • 255%
  • (151,000 / $59,000)
  • 248%
  • (112,000 / $45,000)
4Citimortgage 131 90%4%
  • 241%
  • (111,000 / $46,000)
  • 211%
  • (133,000 / $63,000)
5Affinity Plus Federal Credit U 128 67%5%
  • 129%
  • (160,000 / $124,000)
  • 276%
  • (108,000 / $39,000)
6Countrywide Bank Fsb 126 70%17%
  • 211%
  • (108,000 / $51,000)
  • 290%
  • (64,000 / $22,000)
7Countrywide Home Loans 73 79%15%
  • 266%
  • (64,000 / $24,000)
  • 209%
  • (209,000 / $100,000)
8Beneficial Company Llc 66 6%87%
  • 160%
  • (66,000 / $41,000)
  • 317%
  • (235,000 / $74,000)
9Us Bank North Dakota 59 32%49%
  • 116%
  • (85,000 / $73,000)
  • 174%
  • (500,000 / $286,000)
10State Bank & Trust 53 73%16%
  • 105%
  • (71,000 / $67,000)
  • 256%
  • (100,000 / $39,000)
11Pine River State Bank 53 84%7%
  • 93%
  • (61,000 / $65,000)
  • 309%
  • (65,000 / $21,000)
12Mortgage Guaranty Insurance Co 51 82%5%
  • 261%
  • (165,000 / $63,000)
  • 365%
  • (303,000 / $83,000)
13Citibank 50 70%12%
  • 102%
  • (150,000 / $146,000)
  • 153%
  • (129,000 / $84,000)
14Bank Of America 48 81%8%
  • 268%
  • (242,000 / $90,000)
  • 380%
  • (316,000 / $83,000)
15Unity Bank 47 76%19%
  • 181%
  • (60,000 / $33,000)
  • 213%
  • (64,000 / $30,000)
16Genworth Mortgage Insurance Co 44 45%9%
  • 200%
  • (311,000 / $155,000)
  • 365%
  • (303,000 / $83,000)
17Gmac Mortgage Llc 38 13%42%
  • 266%
  • (133,000 / $50,000)
  • 330%
  • (175,000 / $53,000)
18Citifinancial Services Inc 33 24%54%
  • 219%
  • (68,000 / $31,000)
  • 120%
  • (112,000 / $93,000)
19American Federal Bank 31 77%6%
  • 155%
  • (200,000 / $129,000)
  • 1260%
  • (315,000 / $25,000)
20Embrace Home Loans, 29 6%58%
  • 369%
  • (144,000 / $39,000)
  • 241%
  • (94,000 / $39,000)

East Gull Lake, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,946
  2. Loan Applications Denied: 559
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 1,895
  5. % of Loan Applications Originated 64

East Gull Lake, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history10
Debt-to-income ratio7
Unverifiable information2
Credit application incomplete2

East Gull 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 - $100,000901 5922
$100,000 - $300,0001,653 6417
$300,000 - $500,000322 7115
$500,000 - $1,000,00053 6711
$1,000,000 - $1,500,00015 4640
$1,500,000 - $2,000,0002 1000

East Gull 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 - $100,0002,201 6021
$100,000 - $300,000597 7411
$300,000 - $500,00092 817
$500,000 - $1,000,00036 6816
$1,000,000 - $1,500,00016 866
$1,500,000 - $2,000,0003 990
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in East Gull 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%11757 20
30 - 60%17765 21
60 - 100%23772 14
100 - 200%78968 13
200 - 300%81063 18
300 - 400%47860 23
> 400%33849 29

East Gull 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 Dwelling2,420 6021
Not Owner-Occupied As A Principal Dwelling502 818
Not Applicable11 819

Home Owner Property Type Statistics in East Gull 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)2,640 6419
One To Four-Family183 684
Manufactured Housing123 5732
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