Top Flensburg, MN Mortgage Lenders

RankFlensburg Mortgage LenderFlensburg Home Loans ProcessedFlensburg Home Loans ApprovedFlensburg Home Loans DeniedFlensburg Mortgage Median Loan to Income Ratio (LTR) for Approved LoansFlensburg Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 954 62%19%
  • 206%
  • (231,000 Loan / $112,000 Income)
  • 171%
  • (96,000 Loan / $56,000 Income)
2Countrywide Bank Fsb 279 71%16%
  • 243%
  • (100,000 / $41,000)
  • 222%
  • (89,000 / $40,000)
3Jpmorgan Chase Bank 266 83%14%
  • 266%
  • (112,000 / $42,000)
  • 214%
  • (90,000 / $42,000)
4Citimortgage 256 75%12%
  • 192%
  • (150,000 / $78,000)
  • 214%
  • (159,000 / $74,000)
5Affinity Plus Federal Credit U 227 69%5%
  • 81%
  • (45,000 / $55,000)
  • 250%
  • (50,000 / $20,000)
6Countrywide Home Loans 183 77%12%
  • 230%
  • (145,000 / $63,000)
  • 250%
  • (173,000 / $69,000)
7Genworth Mortgage Insurance Co 166 49%0%
  • 269%
  • (159,000 / $59,000)
  • 443%
  • (293,000 / $66,000)
8Bank Of America 166 61%19%
  • 257%
  • (147,000 / $57,000)
  • 200%
  • (245,000 / $122,000)
9Beneficial Company Llc 159 3%79%
  • 194%
  • (70,000 / $36,000)
  • 228%
  • (135,000 / $59,000)
10Associated Bank 140 73%17%
  • 119%
  • (85,000 / $71,000)
  • 76%
  • (36,000 / $47,000)
11Mortgage Guaranty Insurance Co 133 63%9%
  • 257%
  • (116,000 / $45,000)
  • 272%
  • (180,000 / $66,000)
12Agstar Financial Services 131 64%15%
  • 166%
  • (130,000 / $78,000)
  • 330%
  • (165,000 / $50,000)
13Us Bank North Dakota 127 32%48%
  • 135%
  • (46,000 / $34,000)
  • 186%
  • (166,000 / $89,000)
14Citifinancial Services Inc 124 37%41%
  • 141%
  • (41,000 / $29,000)
  • 209%
  • (44,000 / $21,000)
15Us Bank 123 70%12%
  • 239%
  • (220,000 / $92,000)
  • 249%
  • (142,000 / $57,000)
16Citibank 95 69%18%
  • 53%
  • (25,000 / $47,000)
  • 70%
  • (60,000 / $85,000)
17Embrace Home Loans, 80 3%43%
  • 201%
  • (131,000 / $65,000)
  • 317%
  • (111,000 / $35,000)
18Phh Mortgage Corporation 77 87%1%
  • 217%
  • (250,000 / $115,000)
  • 282%
  • (164,000 / $58,000)
19Bell America Mortgage Llc Dba 77 57%2%
  • 294%
  • (100,000 / $34,000)
  • 446%
  • (183,000 / $41,000)
20Wells Fargo Funding 76 98%1%
  • 275%
  • (182,000 / $66,000)
  • 386%
  • (174,000 / $45,000)

Flensburg, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 6,956
  2. Loan Applications Denied: 1,411
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 4,199
  5. % of Loan Applications Originated 60

Flensburg, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history10
Debt-to-income ratio6
Credit application incomplete3
Unverifiable information1

Flensburg, 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 - $100,0002,677 5723
$100,000 - $300,0003,998 6118
$300,000 - $500,000258 5622
$500,000 - $1,000,00020 7025
$1,000,000 - $1,500,0002 500
> $2,000,0001 0100

Flensburg, 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 - $100,0005,828 5920
$100,000 - $300,0001,035 6416
$300,000 - $500,00051 6721
$500,000 - $1,000,00031 4732
$1,000,000 - $1,500,0004 00
$1,500,000 - $2,000,0004 1000
> $2,000,0003 6633

Loan to Income Ratios Research for Mortgage in Flensburg, 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%33057 27
30 - 60%45056 25
60 - 100%61161 19
100 - 200%1,82162 16
200 - 300%1,92362 17
300 - 400%1,08060 19
> 400%74147 31

Flensburg, 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 Dwelling6,351 6020
Not Owner-Occupied As A Principal Dwelling545 6421
Not Applicable18 5011

Home Owner Property Type Statistics in Flensburg, 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)6,149 6021
One To Four-Family567 683
Manufactured Housing240 4828
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