Top Fridley, MN Mortgage Lenders

RankFridley Mortgage LenderFridley Home Loans ProcessedFridley Home Loans ApprovedFridley Home Loans DeniedFridley Mortgage Median Loan to Income Ratio (LTR) for Approved LoansFridley Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,945 65%16%
  • 215%
  • (129,000 Loan / $60,000 Income)
  • 197%
  • (97,000 Loan / $49,000 Income)
2Tcf National Bank 643 30%39%
  • 227%
  • (116,000 / $51,000)
  • 307%
  • (126,000 / $41,000)
3Us Bank 454 83%7%
  • 244%
  • (110,000 / $45,000)
  • 252%
  • (134,000 / $53,000)
4Jpmorgan Chase Bank 450 83%13%
  • 238%
  • (86,000 / $36,000)
  • 234%
  • (171,000 / $73,000)
5Citimortgage 339 81%5%
  • 267%
  • (198,000 / $74,000)
  • 228%
  • (279,000 / $122,000)
6Bank Of America 277 76%11%
  • 257%
  • (170,000 / $66,000)
  • 256%
  • (223,000 / $87,000)
7Countrywide Bank Fsb 252 69%15%
  • 246%
  • (407,000 / $165,000)
  • 273%
  • (164,000 / $60,000)
8Citibank 225 69%17%
  • 151%
  • (212,000 / $140,000)
  • 128%
  • (118,000 / $92,000)
9Wells Fargo Funding 202 99%0%
  • 191%
  • (172,000 / $90,000)
  • 116%
  • (64,000 / $55,000)
10Affinity Plus Federal Credit U 180 70%3%
  • 147%
  • (108,000 / $73,000)
  • 170%
  • (85,000 / $50,000)
11Countrywide Home Loans 167 80%13%
  • 235%
  • (127,000 / $54,000)
  • 330%
  • (198,000 / $60,000)
12The Business Bank 157 92%5%
  • 283%
  • (85,000 / $30,000)
  • 397%
  • (143,000 / $36,000)
13Us Bk Na Nd 147 50%40%
  • 147%
  • (75,000 / $51,000)
  • 158%
  • (144,000 / $91,000)
14Us Bank North Dakota 143 35%41%
  • 164%
  • (150,000 / $91,000)
  • 197%
  • (148,000 / $75,000)
15Phh Home Loans 141 83%4%
  • 266%
  • (133,000 / $50,000)
  • 270%
  • (130,000 / $48,000)
16Bell America Mortgage Llc Dba 138 73%2%
  • 296%
  • (80,000 / $27,000)
  • 272%
  • (128,000 / $47,000)
17United Guaranty Corporation 120 78%3%
  • 298%
  • (340,000 / $114,000)
  • 417%
  • (142,000 / $34,000)
18Mortgage Guaranty Insurance Co 117 76%4%
  • 305%
  • (180,000 / $59,000)
  • 296%
  • (157,000 / $53,000)
19Citizens National Bank 102 71%7%
  • 98%
  • (69,000 / $70,000)
  • 288%
  • (225,000 / $78,000)
20C.U. Mortgage Services, 98 67%6%
  • 207%
  • (112,000 / $54,000)
  • 320%
  • (205,000 / $64,000)

Fridley, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 10,577
  2. Loan Applications Denied: 1,893
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 6,699
  5. % of Loan Applications Originated 63

Fridley, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio10
Credit history10
Credit application incomplete3
Unverifiable information1

Fridley, 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 - $100,0002,769 6119
$100,000 - $300,0007,636 6317
$300,000 - $500,000166 4823
$500,000 - $1,000,0006 3250

Fridley, 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 - $100,0008,971 6318
$100,000 - $300,0001,547 6415
$300,000 - $500,00038 4128
$500,000 - $1,000,00019 3131
$1,000,000 - $1,500,0002 00

Loan to Income Ratios Research for Mortgage in Fridley, 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%42551 29
30 - 60%51155 22
60 - 100%73364 17
100 - 200%2,56265 15
200 - 300%2,95266 14
300 - 400%2,07065 15
> 400%1,32450 28

Fridley, 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 Dwelling9,969 6317
Not Owner-Occupied As A Principal Dwelling576 6319
Not Applicable2 500

Home Owner Property Type Statistics in Fridley, 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)9,859 6318
One To Four-Family601 773
Manufactured Housing117 1764
More Fridley, MN Mortgage Research: