Top Gheen, MN Mortgage Lenders

RankGheen Mortgage LenderGheen Home Loans ProcessedGheen Home Loans ApprovedGheen Home Loans DeniedGheen Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGheen Mortgage Median LTR for Denied Loans
1American Bank Of The North 241 67%23%
  • 134%
  • (232,000 Loan / $173,000 Income)
  • 202%
  • (332,000 Loan / $164,000 Income)
2Wells Fargo Bank 234 60%14%
  • 159%
  • (155,000 / $97,000)
  • 240%
  • (300,000 / $125,000)
3Us Bank 86 67%23%
  • 198%
  • (177,000 / $89,000)
  • 374%
  • (232,000 / $62,000)
4Jpmorgan Chase Bank 59 76%22%
  • 242%
  • (204,000 / $84,000)
  • 246%
  • (246,000 / $100,000)
5Bank Of America 51 74%13%
  • 182%
  • (150,000 / $82,000)
  • 324%
  • (94,000 / $29,000)
6Consumer Loan Services Llc 49 85%6%
  • 309%
  • (297,000 / $96,000)
  • 86%
  • (105,000 / $122,000)
7Countrywide Bank Fsb 44 59%27%
  • 192%
  • (292,000 / $152,000)
  • 175%
  • (183,000 / $104,000)
8Citimortgage 41 60%17%
  • 350%
  • (298,000 / $85,000)
  • 347%
  • (292,000 / $84,000)
9Us Bank North Dakota 38 50%31%
  • 200%
  • (48,000 / $24,000)
  • 256%
  • (100,000 / $39,000)
10Freedom Mortgage Corp. 28 71%7%
  • 261%
  • (259,000 / $99,000)
  • 404%
  • (101,000 / $25,000)
11Phh Mortgage Corporation 27 85%0%
  • 200%
  • (392,000 / $196,000)
0
12Affinity Plus Federal Credit U 26 73%3%
  • 135%
  • (87,000 / $64,000)
  • 72%
  • (70,000 / $96,000)
13Us Bk Na Nd 25 60%36%
  • 150%
  • (131,000 / $87,000)
  • 147%
  • (108,000 / $73,000)
14Queen City Federal Savings Ban 25 92%4%
  • 185%
  • (999,000 / $540,000)
  • 32%
  • (50,000 / $156,000)
15Frandsen Bank & Trust 22 90%4%
  • 95%
  • (116,000 / $121,000)
  • 173%
  • (80,000 / $46,000)
16Countrywide Home Loans 21 66%28%
  • 197%
  • (79,000 / $40,000)
  • 162%
  • (60,000 / $37,000)
17Quicken Loans 20 65%25%
  • 311%
  • (302,000 / $97,000)
  • 366%
  • (352,000 / $96,000)
18Boundary Waters Bank 20 55%35%
  • 128%
  • (205,000 / $160,000)
  • 461%
  • (452,000 / $98,000)
19State Bank Of Tower 17 76%17%
  • 92%
  • (200,000 / $216,000)
  • 235%
  • (165,000 / $70,000)
20Northern State Bank Of Virgini 16 100%0%
  • 137%
  • (88,000 / $64,000)
0

Gheen, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,721
  2. Loan Applications Denied: 337
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 1,123
  5. % of Loan Applications Originated 65

Gheen, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral27
Debt-to-income ratio16
Credit history7
Credit application incomplete3
Unverifiable information2

Gheen, 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 - $100,000397 6221
$100,000 - $300,000941 6518
$300,000 - $500,000328 6619
$500,000 - $1,000,00053 5624
$1,000,000 - $1,500,0001 0100
> $2,000,0001 0100

Gheen, 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 - $100,000930 6023
$100,000 - $300,000645 6815
$300,000 - $500,000104 7810
$500,000 - $1,000,00035 6822
$1,000,000 - $1,500,0002 1000
$1,500,000 - $2,000,0002 1000
> $2,000,0003 3366

Loan to Income Ratios Research for Mortgage in Gheen, 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%5967 16
30 - 60%11167 16
60 - 100%21870 15
100 - 200%55072 14
200 - 300%34662 20
300 - 400%21359 23
> 400%22445 35

Gheen, 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 Dwelling889 5823
Not Owner-Occupied As A Principal Dwelling815 7115
Not Applicable2 1000

Home Owner Property Type Statistics in Gheen, 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)1,632 6519
Manufactured Housing52 5130
One To Four-Family37 815
More Gheen, MN Mortgage Research: