Top Foley, MN Mortgage Lenders

RankFoley Mortgage LenderFoley Home Loans ProcessedFoley Home Loans ApprovedFoley Home Loans DeniedFoley Mortgage Median Loan to Income Ratio (LTR) for Approved LoansFoley Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,384 67%16%
  • 207%
  • (145,000 Loan / $70,000 Income)
  • 157%
  • (151,000 Loan / $96,000 Income)
2Altra Federal Credit Union 543 84%2%
  • 183%
  • (218,000 / $119,000)
  • 317%
  • (108,000 / $34,000)
3Gate City Bank 533 79%8%
  • 141%
  • (127,000 / $90,000)
  • 102%
  • (107,000 / $104,000)
4Merchants Bank 501 83%5%
  • 172%
  • (217,000 / $126,000)
  • 204%
  • (225,000 / $110,000)
5Citimortgage 306 83%7%
  • 200%
  • (60,000 / $30,000)
  • 259%
  • (285,000 / $110,000)
6Jpmorgan Chase Bank 284 82%15%
  • 255%
  • (120,000 / $47,000)
  • 231%
  • (162,000 / $70,000)
7State Bank & Trust 282 76%9%
  • 117%
  • (61,000 / $52,000)
  • 153%
  • (120,000 / $78,000)
8Mortgage Guaranty Insurance Co 279 81%5%
  • 243%
  • (129,000 / $53,000)
  • 240%
  • (130,000 / $54,000)
9Us Bank 247 75%13%
  • 231%
  • (74,000 / $32,000)
  • 231%
  • (252,000 / $109,000)
10Frandsen Bank & Trust 231 76%17%
  • 137%
  • (140,000 / $102,000)
  • 214%
  • (73,000 / $34,000)
11Liberty Savings Bank Fsb 228 85%9%
  • 242%
  • (194,000 / $80,000)
  • 313%
  • (138,000 / $44,000)
12Community Bank Of The Rrv 182 92%6%
  • 138%
  • (93,000 / $67,000)
  • 190%
  • (78,000 / $41,000)
13Affinity Plus Federal Credit U 182 69%6%
  • 118%
  • (76,000 / $64,000)
  • 248%
  • (62,000 / $25,000)
14Alerus Financial 179 83%9%
  • 160%
  • (109,000 / $68,000)
  • 35%
  • (41,000 / $115,000)
15Associated Bank 174 68%17%
  • 197%
  • (296,000 / $150,000)
  • 129%
  • (120,000 / $93,000)
16Bank Of America 157 79%10%
  • 230%
  • (152,000 / $66,000)
  • 332%
  • (143,000 / $43,000)
17United Guaranty Corporation 152 80%7%
  • 258%
  • (313,000 / $121,000)
  • 240%
  • (130,000 / $54,000)
18Bremer Bank Na (St Cloud) 148 85%2%
  • 255%
  • (345,000 / $135,000)
  • 533%
  • (112,000 / $21,000)
19Countrywide Bank Fsb 143 70%19%
  • 251%
  • (103,000 / $41,000)
  • 262%
  • (189,000 / $72,000)
20Us Bank North Dakota 142 40%43%
  • 145%
  • (51,000 / $35,000)
  • 136%
  • (100,000 / $73,000)

Foley, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 11,363
  2. Loan Applications Denied: 1,694
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 7,980
  5. % of Loan Applications Originated 70

Foley, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history11
Debt-to-income ratio8
Collateral8
Credit application incomplete2
Unverifiable information1

Foley, 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 - $100,0004,241 7015
$100,000 - $300,0006,817 6914
$300,000 - $500,000273 6117
$500,000 - $1,000,00028 4532
$1,000,000 - $1,500,0004 7525

Foley, 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 - $100,0009,622 6915
$100,000 - $300,0001,658 7211
$300,000 - $500,00051 737
$500,000 - $1,000,00018 2738
$1,000,000 - $1,500,0009 550
$1,500,000 - $2,000,0003 1000
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Foley, 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%68569 18
30 - 60%73271 15
60 - 100%88973 13
100 - 200%3,19971 12
200 - 300%3,24671 13
300 - 400%1,72967 16
> 400%88357 24

Foley, 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 Dwelling10,949 6914
Not Owner-Occupied As A Principal Dwelling375 7713
Not Applicable9 8811

Home Owner Property Type Statistics in Foley, 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)10,355 6915
One To Four-Family827 804
Manufactured Housing181 4936
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