Top Elysian, MN Mortgage Lenders

RankElysian Mortgage LenderElysian Home Loans ProcessedElysian Home Loans ApprovedElysian Home Loans DeniedElysian Mortgage Median Loan to Income Ratio (LTR) for Approved LoansElysian Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 634 63%16%
  • 214%
  • (116,000 Loan / $54,000 Income)
  • 218%
  • (144,000 Loan / $66,000 Income)
2Jpmorgan Chase Bank 119 82%13%
  • 244%
  • (93,000 / $38,000)
  • 243%
  • (156,000 / $64,000)
3Us Bank 97 77%15%
  • 235%
  • (174,000 / $74,000)
  • 298%
  • (209,000 / $70,000)
4Affinity Plus Federal Credit U 84 72%3%
  • 134%
  • (125,000 / $93,000)
  • 88%
  • (88,000 / $99,000)
5Agstar Financial Services 81 58%6%
  • 242%
  • (143,000 / $59,000)
  • 387%
  • (240,000 / $62,000)
6Wells Fargo Funding 71 97%2%
  • 268%
  • (250,000 / $93,000)
  • 509%
  • (112,000 / $22,000)
7Citimortgage 66 74%10%
  • 248%
  • (62,000 / $25,000)
  • 360%
  • (90,000 / $25,000)
8Frandsen Bank & Trust 62 88%6%
  • 154%
  • (88,000 / $57,000)
  • 271%
  • (114,000 / $42,000)
9Countrywide Bank Fsb 62 69%20%
  • 262%
  • (207,000 / $79,000)
  • 278%
  • (106,000 / $38,000)
10Marketplace Home Mortgage Llc 58 79%1%
  • 222%
  • (138,000 / $62,000)
  • 217%
  • (198,000 / $91,000)
11Bank Of America 58 79%18%
  • 180%
  • (119,000 / $66,000)
  • 211%
  • (114,000 / $54,000)
12Beneficial Company Llc 56 3%83%
  • 337%
  • (206,000 / $61,000)
  • 215%
  • (123,000 / $57,000)
13Affiliated Mortgage Company 46 95%0%
  • 183%
  • (160,000 / $87,000)
0
14Wells Federal Bank 41 65%14%
  • 218%
  • (216,000 / $99,000)
  • 234%
  • (75,000 / $32,000)
15Tcf National Bank 34 44%32%
  • 245%
  • (135,000 / $55,000)
  • 461%
  • (120,000 / $26,000)
16Roundbank 34 76%8%
  • 126%
  • (58,000 / $46,000)
  • 20%
  • (7,000 / $35,000)
17Us Bank North Dakota 32 34%34%
  • 144%
  • (42,000 / $29,000)
  • 243%
  • (151,000 / $62,000)
18Countrywide Home Loans 32 75%18%
  • 244%
  • (132,000 / $54,000)
  • 313%
  • (94,000 / $30,000)
19Mortgage Guaranty Insurance Co 31 61%6%
  • 303%
  • (185,000 / $61,000)
  • 243%
  • (185,000 / $76,000)
20Embrace Home Loans, 29 6%48%
  • 407%
  • (163,000 / $40,000)
  • 418%
  • (310,000 / $74,000)

Elysian, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,749
  2. Loan Applications Denied: 505
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 1,757
  5. % of Loan Applications Originated 63

Elysian, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Debt-to-income ratio11
Credit history10
Credit application incomplete3
Unverifiable information2

Elysian, 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 - $100,000788 6418
$100,000 - $300,0001,779 6317
$300,000 - $500,000175 5625
$500,000 - $1,000,0007 5614

Elysian, 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 - $100,0002,227 6119
$100,000 - $300,000499 6914
$300,000 - $500,00017 6923
$500,000 - $1,000,0004 5050
$1,500,000 - $2,000,0002 5050

Loan to Income Ratios Research for Mortgage in Elysian, 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%7764 24
30 - 60%11356 22
60 - 100%19972 14
100 - 200%76867 16
200 - 300%74766 15
300 - 400%51561 19
> 400%33049 27

Elysian, 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 Dwelling2,441 6219
Not Owner-Occupied As A Principal Dwelling294 7311
Not Applicable4 5025

Home Owner Property Type Statistics in Elysian, 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)2,596 6318
One To Four-Family134 764
Manufactured Housing19 4231
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