Top Fertile, MN Mortgage Lenders

RankFertile Mortgage LenderFertile Home Loans ProcessedFertile Home Loans ApprovedFertile Home Loans DeniedFertile Mortgage Median Loan to Income Ratio (LTR) for Approved LoansFertile Mortgage Median LTR for Denied Loans
1Bremer Bank Na (Grand Forks) 60 88%5%
  • 150%
  • (89,000 Loan / $59,000 Income)
  • 28%
  • (14,000 Loan / $49,000 Income)
2American Federal Bank 35 80%0%
  • 87%
  • (80,000 / $91,000)
0
3Wells Fargo Bank 31 70%19%
  • 124%
  • (153,000 / $123,000)
  • 283%
  • (173,000 / $61,000)
4Jpmorgan Chase Bank 28 82%14%
  • 137%
  • (252,000 / $183,000)
  • 202%
  • (75,000 / $37,000)
5Ultima Bank Minnesota 23 86%13%
  • 135%
  • (50,000 / $37,000)
  • 231%
  • (37,000 / $16,000)
6Citimortgage 19 89%10%
  • 257%
  • (72,000 / $28,000)
  • 117%
  • (94,000 / $80,000)
7Us Bank 11 63%18%
  • 207%
  • (54,000 / $26,000)
  • 260%
  • (164,000 / $63,000)
8Mortgage Guaranty Insurance Co 11 72%9%
  • 153%
  • (137,000 / $89,000)
  • 124%
  • (98,000 / $79,000)
9Embrace Home Loans, 9 0%55% 0
  • 83%
  • (46,000 / $55,000)
10Unity Bank North 8 100%0%
  • 148%
  • (40,000 / $27,000)
0
11Beneficial Company Llc 8 0%100% 0
  • 237%
  • (140,000 / $59,000)
12Crookston National Bank 7 85%14%
  • 94%
  • (50,000 / $53,000)
  • 173%
  • (85,000 / $49,000)
13Countrywide Bank Fsb 7 85%14%
  • 83%
  • (30,000 / $36,000)
  • 229%
  • (165,000 / $72,000)
14Access Bank 7 100%0%
  • 94%
  • (35,000 / $37,000)
0
15Frandsen Bank & Trust 6 66%0%
  • 100%
  • (120,000 / $119,000)
0
16Citibank 6 83%16%
  • 111%
  • (85,000 / $76,000)
  • 16%
  • (10,000 / $60,000)
17Us Bk Na Nd 5 60%20%
  • 128%
  • (63,000 / $49,000)
  • 78%
  • (25,000 / $32,000)
18Quicken Loans 5 40%40%
  • 252%
  • (134,000 / $53,000)
  • 266%
  • (120,000 / $45,000)
19Genworth Mortgage Insurance Co 5 100%0%
  • 135%
  • (50,000 / $37,000)
0
20Citifinancial Services Inc 5 60%0%
  • 315%
  • (167,000 / $53,000)
0

Fertile, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 398
  2. Loan Applications Denied: 58
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 286
  5. % of Loan Applications Originated 71

Fertile, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Credit history7
Debt-to-income ratio4
Credit application incomplete4
Insufficient cash (downpayment, closing costs)1

Fertile, 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 - $100,000222 7113
$100,000 - $300,000169 7015
$300,000 - $500,0006 1000
$500,000 - $1,000,0001 1000

Fertile, 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 - $100,000324 6916
$100,000 - $300,00068 768
$300,000 - $500,0003 1000
$500,000 - $1,000,0002 1000
$1,000,000 - $1,500,0001 1000

Loan to Income Ratios Research for Mortgage in Fertile, 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%1963 21
30 - 60%3262 15
60 - 100%5574 14
100 - 200%15875 9
200 - 300%8568 21
300 - 400%4070 17
> 400%977 11

Fertile, 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 Dwelling355 7015
Not Owner-Occupied As A Principal Dwelling43 814

Home Owner Property Type Statistics in Fertile, 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)364 7015
One To Four-Family24 834
Manufactured Housing10 8020
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