Top Fair Haven, MN Mortgage Lenders

RankFair Haven Mortgage LenderFair Haven Home Loans ProcessedFair Haven Home Loans ApprovedFair Haven Home Loans DeniedFair Haven Mortgage Median Loan to Income Ratio (LTR) for Approved LoansFair Haven Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 517 66%14%
  • 200%
  • (136,000 Loan / $68,000 Income)
  • 232%
  • (172,000 Loan / $74,000 Income)
2Liberty Savings Bank Fsb 318 89%4%
  • 227%
  • (409,000 / $180,000)
  • 231%
  • (250,000 / $108,000)
3Phh Mortgage Corporation 188 87%2%
  • 231%
  • (310,000 / $134,000)
  • 493%
  • (316,000 / $64,000)
4State Bank Of Kimball 148 73%10%
  • 111%
  • (80,000 / $72,000)
  • 239%
  • (213,000 / $89,000)
5Us Bank 131 78%13%
  • 235%
  • (167,000 / $71,000)
  • 317%
  • (149,000 / $47,000)
6Jpmorgan Chase Bank 123 86%10%
  • 295%
  • (118,000 / $40,000)
  • 255%
  • (299,000 / $117,000)
7Bremer Bank Na (St Cloud) 103 89%0%
  • 214%
  • (150,000 / $70,000)
  • 558%
  • (95,000 / $17,000)
8Bank Of America 89 75%14%
  • 270%
  • (279,000 / $103,000)
  • 298%
  • (278,000 / $93,000)
9Annandale State Bank 83 74%13%
  • 200%
  • (70,000 / $35,000)
  • 168%
  • (185,000 / $110,000)
10Tcf National Bank 76 15%46%
  • 344%
  • (155,000 / $45,000)
  • 284%
  • (245,000 / $86,000)
11Affinity Plus Federal Credit U 67 62%1%
  • 143%
  • (96,000 / $67,000)
  • 320%
  • (157,000 / $49,000)
12Citimortgage 61 72%11%
  • 259%
  • (257,000 / $99,000)
  • 370%
  • (222,000 / $60,000)
13Mortgage Guaranty Insurance Co 60 75%10%
  • 250%
  • (188,000 / $75,000)
  • 268%
  • (67,000 / $25,000)
14Great River Federal Cu 48 52%22%
  • 60%
  • (54,000 / $90,000)
  • 243%
  • (56,000 / $23,000)
15Countrywide Bank Fsb 48 75%16%
  • 192%
  • (127,000 / $66,000)
  • 441%
  • (212,000 / $48,000)
16Agstar Financial Services 43 67%4%
  • 198%
  • (123,000 / $62,000)
  • 390%
  • (250,000 / $64,000)
17Wells Fargo Funding 35 97%0%
  • 309%
  • (390,000 / $126,000)
0
18Us Bk Na Nd 35 48%37%
  • 112%
  • (90,000 / $80,000)
  • 226%
  • (113,000 / $50,000)
19St. Cloud Federal Credit Union 34 100%0%
  • 187%
  • (92,000 / $49,000)
0
20Countrywide Home Loans 34 70%23%
  • 237%
  • (192,000 / $81,000)
  • 293%
  • (176,000 / $60,000)

Fair Haven, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,414
  2. Loan Applications Denied: 525
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 2,326
  5. % of Loan Applications Originated 68

Fair Haven, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Debt-to-income ratio12
Credit history11
Unverifiable information2
Credit application incomplete2

Fair Haven, 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 - $100,000839 6516
$100,000 - $300,0002,307 6814
$300,000 - $500,000241 6914
$500,000 - $1,000,00023 5517
$1,000,000 - $1,500,0004 2575

Fair Haven, 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 - $100,0002,695 6516
$100,000 - $300,000658 7411
$300,000 - $500,00037 6218
$500,000 - $1,000,00020 8510
$1,000,000 - $1,500,0002 00
$1,500,000 - $2,000,0001 1000
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Fair Haven, 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%11665 18
30 - 60%16576 13
60 - 100%26165 14
100 - 200%82573 12
200 - 300%1,00071 12
300 - 400%58562 18
> 400%46256 23

Fair Haven, 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 Dwelling3,247 6815
Not Owner-Occupied As A Principal Dwelling160 6815
Not Applicable1 0100

Home Owner Property Type Statistics in Fair Haven, 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)3,227 6715
One To Four-Family144 796
Manufactured Housing43 4632
More Fair Haven, MN Mortgage Research: