Top Eveleth, MN Mortgage Lenders

RankEveleth Mortgage LenderEveleth Home Loans ProcessedEveleth Home Loans ApprovedEveleth Home Loans DeniedEveleth Mortgage Median Loan to Income Ratio (LTR) for Approved LoansEveleth Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 464 60%20%
  • 138%
  • (90,000 Loan / $65,000 Income)
  • 96%
  • (25,000 Loan / $26,000 Income)
2American Bank Of The North 121 76%17%
  • 108%
  • (27,000 / $25,000)
  • 180%
  • (45,000 / $25,000)
3Miners National Bank 89 73%13%
  • 64%
  • (31,000 / $48,000)
  • 131%
  • (122,000 / $93,000)
4Us Bank North Dakota 74 40%48%
  • 112%
  • (116,000 / $103,000)
  • 163%
  • (90,000 / $55,000)
5Bank Of America 71 76%14%
  • 189%
  • (53,000 / $28,000)
  • 194%
  • (72,000 / $37,000)
6Us Bank 69 86%8%
  • 147%
  • (78,000 / $53,000)
  • 158%
  • (79,000 / $50,000)
7Queen City Federal Savings Ban 58 94%5%
  • 100%
  • (58,000 / $58,000)
  • 208%
  • (50,000 / $24,000)
8Jpmorgan Chase Bank 53 84%11%
  • 185%
  • (63,000 / $34,000)
  • 176%
  • (162,000 / $92,000)
9Us Bk Na Nd 50 28%58%
  • 100%
  • (68,000 / $68,000)
  • 109%
  • (120,000 / $110,000)
10Citimortgage 48 83%4%
  • 195%
  • (92,000 / $47,000)
  • 195%
  • (117,000 / $60,000)
11Wells Fargo Fin'l Minnesota 46 10%50%
  • 281%
  • (135,000 / $48,000)
  • 172%
  • (95,000 / $55,000)
12Citifinancial Services Inc 36 27%50%
  • 195%
  • (45,000 / $23,000)
  • 122%
  • (54,000 / $44,000)
13Countrywide Bank Fsb 33 72%18%
  • 190%
  • (63,000 / $33,000)
  • 210%
  • (97,000 / $46,000)
14Affinity Plus Federal Credit U 32 68%12%
  • 88%
  • (45,000 / $51,000)
  • 306%
  • (95,000 / $31,000)
15Prime Lending 30 86%6%
  • 210%
  • (116,000 / $55,000)
  • 392%
  • (157,000 / $40,000)
16Mortgage Guaranty Insurance Co 28 78%14%
  • 193%
  • (62,000 / $32,000)
  • 342%
  • (65,000 / $19,000)
17National City Bank 27 85%3%
  • 172%
  • (290,000 / $168,000)
  • 105%
  • (72,000 / $68,000)
18Embrace Home Loans, 26 7%53%
  • 206%
  • (60,000 / $29,000)
  • 172%
  • (83,000 / $48,000)
19Freedom Mortgage Corp. 25 60%12%
  • 275%
  • (149,000 / $54,000)
  • 435%
  • (61,000 / $14,000)
20Beneficial Company Llc 25 0%76% 0
  • 116%
  • (72,000 / $62,000)

Eveleth, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,076
  2. Loan Applications Denied: 426
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 1,303
  5. % of Loan Applications Originated 62

Eveleth, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history15
Collateral12
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Eveleth, 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 - $100,0001,578 6221
$100,000 - $300,000491 6318
$300,000 - $500,0005 800
$500,000 - $1,000,0002 050

Eveleth, 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 - $100,0001,866 6220
$100,000 - $300,000204 5918
$300,000 - $500,0005 4020
$1,000,000 - $1,500,0001 1000

Loan to Income Ratios Research for Mortgage in Eveleth, 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%14156 21
30 - 60%17154 21
60 - 100%32762 21
100 - 200%83963 19
200 - 300%38965 18
300 - 400%14765 21
> 400%6243 37

Eveleth, 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 Dwelling1,959 6220
Not Owner-Occupied As A Principal Dwelling109 6617

Home Owner Property Type Statistics in Eveleth, 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)1,925 6121
One To Four-Family139 765
Manufactured Housing12 5833
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