Top Emmet, MN Mortgage Lenders

RankEmmet Mortgage LenderEmmet Home Loans ProcessedEmmet Home Loans ApprovedEmmet Home Loans DeniedEmmet Mortgage Median Loan to Income Ratio (LTR) for Approved LoansEmmet Mortgage Median LTR for Denied Loans
1Hometown Bank 70 85%11%
  • 153%
  • (100,000 Loan / $65,000 Income)
  • 130%
  • (30,000 Loan / $23,000 Income)
2Trustone Financial Fcu 67 50%13%
  • 116%
  • (100,000 / $86,000)
  • 176%
  • (44,000 / $25,000)
3Wells Fargo Bank 48 56%22%
  • 172%
  • (117,000 / $68,000)
  • 138%
  • (43,000 / $31,000)
4Minnwest Bank Mv 41 87%9%
  • 68%
  • (22,000 / $32,000)
  • 125%
  • (35,000 / $28,000)
5Jpmorgan Chase Bank 30 70%23%
  • 212%
  • (159,000 / $75,000)
  • 122%
  • (44,000 / $36,000)
6Citifinancial Services Inc 24 41%37%
  • 146%
  • (41,000 / $28,000)
  • 45%
  • (24,000 / $53,000)
7Mortgage Guaranty Insurance Co 21 57%19%
  • 222%
  • (334,000 / $150,000)
  • 352%
  • (247,000 / $70,000)
8Bremer Bank Na (Willmar) 20 55%10%
  • 171%
  • (142,000 / $83,000)
  • 248%
  • (241,000 / $97,000)
9Us Bank 16 81%18%
  • 160%
  • (128,000 / $80,000)
  • 136%
  • (230,000 / $168,000)
10National City Bank 14 78%7%
  • 173%
  • (125,000 / $72,000)
  • 589%
  • (218,000 / $37,000)
11Citimortgage 14 92%0%
  • 178%
  • (57,000 / $32,000)
0
12Beneficial Company Llc 14 7%92%
  • 213%
  • (94,000 / $44,000)
  • 160%
  • (53,000 / $33,000)
13Gmac Mortgage Llc 13 7%61%
  • 130%
  • (60,000 / $46,000)
  • 175%
  • (79,000 / $45,000)
14Minnwest Mortgage Corporation 12 58%16%
  • 203%
  • (55,000 / $27,000)
  • 315%
  • (161,000 / $51,000)
15Countrywide Bank Fsb 12 66%25%
  • 130%
  • (123,000 / $94,000)
  • 100%
  • (56,000 / $56,000)
16Wells Fargo Funding 9 100%0%
  • 152%
  • (61,000 / $40,000)
0
17Mortgage Services Iii, L.L.C. 9 77%11%
  • 161%
  • (42,000 / $26,000)
  • 123%
  • (168,000 / $136,000)
18Hfc Company Llc 9 11%77%
  • 159%
  • (51,000 / $32,000)
  • 119%
  • (68,000 / $57,000)
19Genworth Mortgage Insurance Co 9 44%0%
  • 140%
  • (59,000 / $42,000)
0
20Bank Of America 9 77%11%
  • 223%
  • (29,000 / $13,000)
  • 250%
  • (120,000 / $48,000)

Emmet, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 671
  2. Loan Applications Denied: 144
  3. % of Loan Applications Denied: 21
  4. # of Loan Originations: 401
  5. % of Loan Applications Originated 59

Emmet, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history13
Collateral11
Debt-to-income ratio6
Credit application incomplete4
Unverifiable information2

Emmet, 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 - $100,000423 5923
$100,000 - $300,000233 5818
$300,000 - $500,00013 697
$500,000 - $1,000,0002 1000

Emmet, 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 - $100,000598 5722
$100,000 - $300,00068 7416
$300,000 - $500,0002 1000
$500,000 - $1,000,0001 1000
$1,000,000 - $1,500,0002 050

Loan to Income Ratios Research for Mortgage in Emmet, 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%3740 29
30 - 60%5565 20
60 - 100%9761 19
100 - 200%25266 20
200 - 300%15256 21
300 - 400%5547 20
> 400%2334 39

Emmet, 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 Dwelling649 5921
Not Owner-Occupied As A Principal Dwelling19 6815
Not Applicable2 1000

Home Owner Property Type Statistics in Emmet, 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)607 5922
One To Four-Family47 688
Manufactured Housing17 4729
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