Top Fort Snelling, MN Mortgage Lenders

RankFort Snelling Mortgage LenderFort Snelling Home Loans ProcessedFort Snelling Home Loans ApprovedFort Snelling Home Loans DeniedFort Snelling Mortgage Median Loan to Income Ratio (LTR) for Approved LoansFort Snelling Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 586 75%12%
  • 210%
  • (189,000 Loan / $90,000 Income)
  • 201%
  • (137,000 Loan / $68,000 Income)
2Us Bank 132 82%8%
  • 236%
  • (144,000 / $61,000)
  • 237%
  • (114,000 / $48,000)
3Jpmorgan Chase Bank 130 89%7%
  • 260%
  • (52,000 / $20,000)
  • 311%
  • (162,000 / $52,000)
4Citimortgage 73 73%5%
  • 185%
  • (210,000 / $113,000)
  • 261%
  • (144,000 / $55,000)
5Bank Of America 67 83%5%
  • 251%
  • (156,000 / $62,000)
  • 262%
  • (113,000 / $43,000)
6Tcf National Bank 61 18%45%
  • 229%
  • (62,000 / $27,000)
  • 251%
  • (191,000 / $76,000)
7Us Bk Na Nd 52 46%50%
  • 107%
  • (154,000 / $143,000)
  • 162%
  • (81,000 / $50,000)
8Wells Fargo Funding 49 100%0%
  • 198%
  • (153,000 / $77,000)
0
9Phh Home Loans 49 79%4%
  • 277%
  • (122,000 / $44,000)
  • 565%
  • (130,000 / $23,000)
10Affinity Plus Federal Credit U 46 67%8%
  • 183%
  • (108,000 / $59,000)
  • 270%
  • (92,000 / $34,000)
11State Bank & Trust 40 80%0%
  • 222%
  • (136,000 / $61,000)
0
12Fort Snelling Federal Cu 39 71%25%
  • 133%
  • (20,000 / $15,000)
  • 62%
  • (50,000 / $80,000)
13The Business Bank 38 97%0%
  • 242%
  • (323,000 / $133,000)
0
14United Guaranty Corporation 37 83%5%
  • 242%
  • (294,000 / $121,000)
  • 500%
  • (195,000 / $39,000)
15Alerus Financial 35 97%0%
  • 246%
  • (249,000 / $101,000)
0
16Quicken Loans 30 73%20%
  • 278%
  • (234,000 / $84,000)
  • 255%
  • (148,000 / $58,000)
17Citibank 30 76%10%
  • 211%
  • (167,000 / $79,000)
  • 159%
  • (132,000 / $83,000)
18Bell America Mortgage Llc Dba 29 79%0%
  • 285%
  • (260,000 / $91,000)
0
19Genworth Mortgage Insurance Co 26 92%0%
  • 261%
  • (342,000 / $131,000)
0
20Radian Guaranty 25 88%0%
  • 247%
  • (193,000 / $78,000)
0

Fort Snelling, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,423
  2. Loan Applications Denied: 316
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 1,749
  5. % of Loan Applications Originated 72

Fort Snelling, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Debt-to-income ratio10
Credit history6
Credit application incomplete2
Unverifiable information0

Fort Snelling, 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 - $100,000477 6519
$100,000 - $300,0001,869 7311
$300,000 - $500,00074 759
$500,000 - $1,000,0003 3366

Fort Snelling, 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 - $100,0001,812 6914
$100,000 - $300,000576 768
$300,000 - $500,00027 8014
$500,000 - $1,000,0006 6633
$1,000,000 - $1,500,0002 1000

Loan to Income Ratios Research for Mortgage in Fort Snelling, 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%6462 28
30 - 60%9968 19
60 - 100%17975 11
100 - 200%68172 10
200 - 300%74572 11
300 - 400%42873 11
> 400%22761 22

Fort Snelling, 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 Dwelling2,248 7212
Not Owner-Occupied As A Principal Dwelling162 6716
Not Applicable1 1000

Home Owner Property Type Statistics in Fort Snelling, 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)2,275 7113
One To Four-Family145 853
Manufactured Housing3 0100
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