Top Garvin, MN Mortgage Lenders

RankGarvin Mortgage LenderGarvin Home Loans ProcessedGarvin Home Loans ApprovedGarvin Home Loans DeniedGarvin Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGarvin Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 637 60%18%
  • 200%
  • (34,000 Loan / $17,000 Income)
  • 193%
  • (251,000 Loan / $130,000 Income)
2Jpmorgan Chase Bank 170 81%14%
  • 256%
  • (113,000 / $44,000)
  • 245%
  • (199,000 / $81,000)
3Countrywide Bank Fsb 132 74%15%
  • 223%
  • (67,000 / $30,000)
  • 278%
  • (417,000 / $150,000)
4Associated Bank 113 76%14%
  • 122%
  • (82,000 / $67,000)
  • 170%
  • (85,000 / $50,000)
5Us Bank 111 77%7%
  • 238%
  • (203,000 / $85,000)
  • 249%
  • (182,000 / $73,000)
6Citimortgage 107 64%18%
  • 300%
  • (60,000 / $20,000)
  • 315%
  • (224,000 / $71,000)
7Genworth Mortgage Insurance Co 98 52%0%
  • 231%
  • (153,000 / $66,000)
0
8Mortgage Guaranty Insurance Co 93 72%7%
  • 224%
  • (119,000 / $53,000)
  • 413%
  • (149,000 / $36,000)
9Countrywide Home Loans 86 83%9%
  • 231%
  • (153,000 / $66,000)
  • 159%
  • (132,000 / $83,000)
10Beneficial Company Llc 73 2%83%
  • 150%
  • (135,000 / $90,000)
  • 175%
  • (72,000 / $41,000)
11Bremer Bank Na (Fargo) 61 77%9%
  • 125%
  • (73,000 / $58,000)
  • 105%
  • (90,000 / $85,000)
12Bank Of The West 60 76%6%
  • 178%
  • (93,000 / $52,000)
  • 282%
  • (277,000 / $98,000)
13Bank Of America 60 83%13%
  • 187%
  • (62,000 / $33,000)
  • 227%
  • (82,000 / $36,000)
14Citifinancial Services Inc 59 35%44%
  • 148%
  • (37,000 / $25,000)
  • 80%
  • (45,000 / $56,000)
15Us Bank North Dakota 58 27%50%
  • 133%
  • (131,000 / $98,000)
  • 235%
  • (94,000 / $40,000)
16Wells Federal Bank 53 64%18%
  • 180%
  • (99,000 / $55,000)
  • 220%
  • (53,000 / $24,000)
17Embrace Home Loans, 53 7%50%
  • 300%
  • (147,000 / $49,000)
  • 170%
  • (85,000 / $50,000)
18Affinity Plus Federal Credit U 53 64%9%
  • 101%
  • (77,000 / $76,000)
  • 208%
  • (100,000 / $48,000)
19Phh Mortgage Corporation 52 80%0%
  • 205%
  • (105,000 / $51,000)
0
20Wells Fargo Fin'l Minnesota 46 32%45%
  • 217%
  • (76,000 / $35,000)
  • 174%
  • (68,000 / $39,000)

Garvin, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,709
  2. Loan Applications Denied: 752
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 2,246
  5. % of Loan Applications Originated 60

Garvin, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history10
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Garvin, 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 - $100,0001,627 5822
$100,000 - $300,0001,957 6317
$300,000 - $500,000119 5121
$500,000 - $1,000,0005 2060
$1,000,000 - $1,500,0001 1000

Garvin, 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 - $100,0003,161 5821
$100,000 - $300,000510 6714
$300,000 - $500,00024 5025
$500,000 - $1,000,0006 6616
$1,000,000 - $1,500,0005 6020
> $2,000,0003 1000

Loan to Income Ratios Research for Mortgage in Garvin, 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%14663 21
30 - 60%23254 24
60 - 100%33558 21
100 - 200%1,15661 18
200 - 300%96164 16
300 - 400%52659 24
> 400%35349 25

Garvin, 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 Dwelling3,342 5921
Not Owner-Occupied As A Principal Dwelling337 7411
Not Applicable8 5037

Home Owner Property Type Statistics in Garvin, 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)3,298 6021
One To Four-Family325 673
Manufactured Housing86 4636
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