Top Fraser, MN Mortgage Lenders

RankFraser Mortgage LenderFraser Home Loans ProcessedFraser Home Loans ApprovedFraser Home Loans DeniedFraser Mortgage Median Loan to Income Ratio (LTR) for Approved LoansFraser Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 39 58%12%
  • 159%
  • (139,000 Loan / $87,000 Income)
  • 312%
  • (78,000 Loan / $25,000 Income)
2Agstar Financial Services 39 69%7%
  • 182%
  • (122,000 / $67,000)
  • 375%
  • (139,000 / $37,000)
3First Farmers & Merchants Natl 32 84%12%
  • 100%
  • (54,000 / $54,000)
  • 264%
  • (90,000 / $34,000)
4Wells Federal Bank 27 59%22%
  • 247%
  • (119,000 / $48,000)
  • 215%
  • (330,000 / $153,000)
5Jpmorgan Chase Bank 15 73%26%
  • 234%
  • (68,000 / $29,000)
  • 213%
  • (169,000 / $79,000)
6Embrace Home Loans, 15 6%53%
  • 282%
  • (48,000 / $17,000)
  • 192%
  • (25,000 / $13,000)
7Mortgage Guaranty Insurance Co 14 35%14%
  • 175%
  • (165,000 / $94,000)
  • 878%
  • (123,000 / $14,000)
8Wells Fargo Fin'l Minnesota 12 41%41%
  • 229%
  • (108,000 / $47,000)
  • 161%
  • (115,000 / $71,000)
9Citifinancial Services Inc 12 41%41%
  • 263%
  • (137,000 / $52,000)
  • 231%
  • (44,000 / $19,000)
10Bank Of America 11 81%18%
  • 174%
  • (131,000 / $75,000)
  • 169%
  • (110,000 / $65,000)
11Us Bank 8 87%0%
  • 138%
  • (75,000 / $54,000)
0
12Us Bank North Dakota 7 57%28%
  • 113%
  • (52,000 / $46,000)
  • 114%
  • (39,000 / $34,000)
13Countrywide Bank Fsb 7 57%14%
  • 107%
  • (58,000 / $54,000)
  • 179%
  • (61,000 / $34,000)
14Beneficial Company Llc 7 0%85% 0
  • 236%
  • (194,000 / $82,000)
15Us Bk Na Nd 6 83%16%
  • 126%
  • (53,000 / $42,000)
  • 126%
  • (52,000 / $41,000)
16Hfc Company Llc 6 0%100% 0
  • 151%
  • (82,000 / $54,000)
17Countrywide Home Loans 6 16%50%
  • 180%
  • (144,000 / $80,000)
  • 252%
  • (121,000 / $48,000)
18Citimortgage 6 50%16%
  • 421%
  • (160,000 / $38,000)
  • 169%
  • (110,000 / $65,000)
19United Guaranty Corporation 5 80%0%
  • 184%
  • (96,000 / $52,000)
0
20Iowa Bankers Mortgage Corporat 5 60%40%
  • 149%
  • (184,000 / $123,000)
  • 369%
  • (344,000 / $93,000)

Fraser, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 402
  2. Loan Applications Denied: 97
  3. % of Loan Applications Denied: 24
  4. # of Loan Originations: 211
  5. % of Loan Applications Originated 52

Fraser, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Debt-to-income ratio10
Credit history10
Unverifiable information2
Credit application incomplete2

Fraser, 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 - $100,000240 5221
$100,000 - $300,000149 5425
$300,000 - $500,00013 753

Fraser, 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 - $100,000352 5026
$100,000 - $300,00043 579
$300,000 - $500,0005 800
$500,000 - $1,000,0002 050

Loan to Income Ratios Research for Mortgage in Fraser, 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%1449 0
30 - 60%3259 25
60 - 100%3958 10
100 - 200%14755 23
200 - 300%9651 25
300 - 400%4639 43
> 400%2842 25

Fraser, 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 Dwelling392 5124
Not Owner-Occupied As A Principal Dwelling10 900

Home Owner Property Type Statistics in Fraser, 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)370 5225
One To Four-Family28 5010
Manufactured Housing4 7525
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