Top Fort Ripley, MN Mortgage Lenders

RankFort Ripley Mortgage LenderFort Ripley Home Loans ProcessedFort Ripley Home Loans ApprovedFort Ripley Home Loans DeniedFort Ripley Mortgage Median Loan to Income Ratio (LTR) for Approved LoansFort Ripley Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 284 64%14%
  • 201%
  • (175,000 Loan / $87,000 Income)
  • 221%
  • (197,000 Loan / $89,000 Income)
2Affinity Plus Federal Credit U 177 63%9%
  • 109%
  • (35,000 / $32,000)
  • 227%
  • (125,000 / $55,000)
3Us Bank 132 84%9%
  • 235%
  • (193,000 / $82,000)
  • 277%
  • (100,000 / $36,000)
4Jpmorgan Chase Bank 81 85%12%
  • 241%
  • (133,000 / $55,000)
  • 470%
  • (282,000 / $60,000)
5Bank Of America 65 83%12%
  • 180%
  • (173,000 / $96,000)
  • 211%
  • (152,000 / $72,000)
6Countrywide Bank Fsb 47 78%14%
  • 294%
  • (115,000 / $39,000)
  • 362%
  • (174,000 / $48,000)
7Citimortgage 43 83%9%
  • 194%
  • (150,000 / $77,000)
  • 233%
  • (159,000 / $68,000)
8Riverwood Bank 39 69%7%
  • 176%
  • (176,000 / $100,000)
  • 267%
  • (150,000 / $56,000)
9American National Bank Of Minn 34 91%2%
  • 196%
  • (63,000 / $32,000)
  • 136%
  • (30,000 / $22,000)
10Us Bk Na Nd 30 60%33%
  • 221%
  • (93,000 / $42,000)
  • 305%
  • (162,000 / $53,000)
11Phh Mortgage Corporation 28 60%0%
  • 242%
  • (102,000 / $42,000)
0
12Us Bank North Dakota 27 25%37%
  • 123%
  • (84,000 / $68,000)
  • 112%
  • (150,000 / $133,000)
13Beneficial Company Llc 26 0%76% 0
  • 333%
  • (150,000 / $45,000)
14Mortgage Guaranty Insurance Co 24 70%4%
  • 186%
  • (114,000 / $61,000)
  • 246%
  • (133,000 / $54,000)
15Citibank 23 65%17%
  • 208%
  • (50,000 / $24,000)
  • 198%
  • (109,000 / $55,000)
16Countrywide Home Loans 22 90%9%
  • 250%
  • (300,000 / $120,000)
  • 459%
  • (560,000 / $122,000)
17Wells Fargo Funding 21 100%0% 0 0
18Bell America Mortgage Llc Dba 21 57%9%
  • 307%
  • (123,000 / $40,000)
  • 381%
  • (145,000 / $38,000)
19Embrace Home Loans, 19 10%36%
  • 388%
  • (163,000 / $42,000)
  • 352%
  • (81,000 / $23,000)
20Cmg Mortgage Insurance Co. 19 89%0%
  • 217%
  • (228,000 / $105,000)
0

Fort Ripley, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,767
  2. Loan Applications Denied: 302
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 1,127
  5. % of Loan Applications Originated 63

Fort Ripley, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Debt-to-income ratio11
Credit history11
Credit application incomplete3
Unverifiable information1

Fort Ripley, 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 - $100,000457 6117
$100,000 - $300,0001,252 6416
$300,000 - $500,00053 6522
$500,000 - $1,000,0005 2040

Fort Ripley, 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 - $100,0001,415 6118
$100,000 - $300,000332 7310
$300,000 - $500,00010 7020
$500,000 - $1,000,0006 3333
$1,000,000 - $1,500,0003 330
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Fort Ripley, 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%6957 21
30 - 60%7461 16
60 - 100%13271 12
100 - 200%46367 13
200 - 300%45763 15
300 - 400%32563 16
> 400%24749 29

Fort Ripley, 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 Dwelling1,524 6118
Not Owner-Occupied As A Principal Dwelling228 779
Not Applicable2 500

Home Owner Property Type Statistics in Fort Ripley, 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)1,599 6317
One To Four-Family89 736
Manufactured Housing79 4929
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