Top Elizabeth, MN Mortgage Lenders

RankElizabeth Mortgage LenderElizabeth Home Loans ProcessedElizabeth Home Loans ApprovedElizabeth Home Loans DeniedElizabeth Mortgage Median Loan to Income Ratio (LTR) for Approved LoansElizabeth Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 204 71%16%
  • 199%
  • (229,000 Loan / $115,000 Income)
  • 200%
  • (90,000 Loan / $45,000 Income)
2Affinity Plus Federal Credit U 82 79%3%
  • 134%
  • (74,000 / $55,000)
  • 349%
  • (185,000 / $53,000)
3State Bank & Trust 81 74%13%
  • 115%
  • (51,000 / $44,000)
  • 256%
  • (100,000 / $39,000)
4American Federal Bank 66 74%18%
  • 180%
  • (217,000 / $120,000)
  • 271%
  • (144,000 / $53,000)
5Jpmorgan Chase Bank 65 80%13%
  • 219%
  • (213,000 / $97,000)
  • 206%
  • (299,000 / $145,000)
6Gate City Bank 60 86%3%
  • 185%
  • (52,000 / $28,000)
  • 431%
  • (82,000 / $19,000)
7Citimortgage 59 93%1%
  • 241%
  • (111,000 / $46,000)
  • 208%
  • (94,000 / $45,000)
8Us Bank 50 66%20%
  • 282%
  • (178,000 / $63,000)
  • 319%
  • (150,000 / $47,000)
9Bank Of The West 28 75%14%
  • 130%
  • (64,000 / $49,000)
  • 178%
  • (50,000 / $28,000)
10Citibank 25 68%20%
  • 105%
  • (152,000 / $144,000)
  • 162%
  • (175,000 / $108,000)
11Us Bank North Dakota 23 39%52%
  • 101%
  • (79,000 / $78,000)
  • 125%
  • (360,000 / $286,000)
12Bank Of America 17 64%23%
  • 181%
  • (180,000 / $99,000)
  • 225%
  • (117,000 / $52,000)
13Us Bk Na Nd 14 35%57%
  • 181%
  • (100,000 / $55,000)
  • 257%
  • (144,000 / $56,000)
14Mortgage Guaranty Insurance Co 13 76%7%
  • 286%
  • (149,000 / $52,000)
  • 448%
  • (377,000 / $84,000)
15Quicken Loans 12 50%41%
  • 464%
  • (237,000 / $51,000)
  • 325%
  • (195,000 / $60,000)
16Countrywide Bank Fsb 12 83%16%
  • 277%
  • (61,000 / $22,000)
  • 569%
  • (319,000 / $56,000)
17Cmg Mortgage Insurance Co. 12 83%0%
  • 210%
  • (124,000 / $59,000)
0
18Midwest Bank 11 81%9%
  • 239%
  • (67,000 / $28,000)
  • 184%
  • (120,000 / $65,000)
19Genworth Mortgage Insurance Co 11 27%18%
  • 200%
  • (311,000 / $155,000)
  • 448%
  • (377,000 / $84,000)
20Bremer Bank Na (Fargo) 11 72%0%
  • 133%
  • (48,000 / $36,000)
0

Elizabeth, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,115
  2. Loan Applications Denied: 190
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 758
  5. % of Loan Applications Originated 67

Elizabeth, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Credit history15
Debt-to-income ratio10
Credit application incomplete4
Unverifiable information1

Elizabeth, 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 - $100,000408 6219
$100,000 - $300,000634 6914
$300,000 - $500,00072 6722
$500,000 - $1,000,0001 1000

Elizabeth, 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 - $100,000858 6418
$100,000 - $300,000240 7711
$300,000 - $500,00012 910
$500,000 - $1,000,0005 6020

Loan to Income Ratios Research for Mortgage in Elizabeth, 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%5263 17
30 - 60%8770 14
60 - 100%10173 13
100 - 200%32770 12
200 - 300%30964 18
300 - 400%14470 17
> 400%9553 30

Elizabeth, 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 Dwelling958 6518
Not Owner-Occupied As A Principal Dwelling150 816
Not Applicable4 1000

Home Owner Property Type Statistics in Elizabeth, 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)1,032 6817
One To Four-Family46 696
Manufactured Housing37 6218
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