Top Ghent, MN Mortgage Lenders

RankGhent Mortgage LenderGhent Home Loans ProcessedGhent Home Loans ApprovedGhent Home Loans DeniedGhent Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGhent Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,272 65%15%
  • 191%
  • (149,000 Loan / $78,000 Income)
  • 166%
  • (35,000 Loan / $21,000 Income)
2Jpmorgan Chase Bank 272 87%12%
  • 260%
  • (120,000 / $46,000)
  • 198%
  • (99,000 / $50,000)
3Countrywide Bank Fsb 218 74%15%
  • 200%
  • (98,000 / $49,000)
  • 217%
  • (122,000 / $56,000)
4Citimortgage 167 82%7%
  • 224%
  • (256,000 / $114,000)
  • 236%
  • (225,000 / $95,000)
5Us Bank 154 74%10%
  • 225%
  • (99,000 / $44,000)
  • 220%
  • (77,000 / $35,000)
6Mortgage Guaranty Insurance Co 137 79%8%
  • 229%
  • (108,000 / $47,000)
  • 268%
  • (188,000 / $70,000)
7Countrywide Home Loans 127 83%9%
  • 230%
  • (99,000 / $43,000)
  • 215%
  • (82,000 / $38,000)
8Bank Of America 116 76%12%
  • 189%
  • (72,000 / $38,000)
  • 245%
  • (130,000 / $53,000)
9Beneficial Company Llc 112 4%82%
  • 100%
  • (63,000 / $63,000)
  • 202%
  • (93,000 / $46,000)
10Wells Fargo Fin'l Minnesota 102 22%48%
  • 259%
  • (122,000 / $47,000)
  • 206%
  • (217,000 / $105,000)
11Citizens Bank Minnesota 102 99%0%
  • 142%
  • (100,000 / $70,000)
0
12Genworth Mortgage Insurance Co 94 55%4%
  • 243%
  • (175,000 / $72,000)
  • 273%
  • (71,000 / $26,000)
13Frandsen Bank & Trust 91 94%3%
  • 157%
  • (93,000 / $59,000)
  • 216%
  • (147,000 / $68,000)
14Bank Of The West 83 79%18%
  • 184%
  • (131,000 / $71,000)
  • 135%
  • (180,000 / $133,000)
15Citifinancial Services Inc 80 35%40%
  • 133%
  • (32,000 / $24,000)
  • 113%
  • (100,000 / $88,000)
16Embrace Home Loans, 73 4%41%
  • 161%
  • (76,000 / $47,000)
  • 194%
  • (99,000 / $51,000)
17Wells Fargo Funding 72 95%1%
  • 138%
  • (276,000 / $200,000)
  • 463%
  • (417,000 / $90,000)
18Us Bank North Dakota 70 38%30%
  • 104%
  • (25,000 / $24,000)
  • 202%
  • (160,000 / $79,000)
19F & M Community Bank 65 96%1%
  • 162%
  • (120,000 / $74,000)
  • 100%
  • (10,000 / $10,000)
20Hfc Company Llc 64 12%71%
  • 171%
  • (55,000 / $32,000)
  • 182%
  • (93,000 / $51,000)

Ghent, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 6,195
  2. Loan Applications Denied: 1,083
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 4,069
  5. % of Loan Applications Originated 65

Ghent, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history9
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Ghent, 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 - $100,0002,541 6021
$100,000 - $300,0003,350 6913
$300,000 - $500,000286 6121
$500,000 - $1,000,00018 930

Ghent, 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 - $100,0004,912 6218
$100,000 - $300,0001,176 7312
$300,000 - $500,00080 862
$500,000 - $1,000,00020 6515
$1,000,000 - $1,500,0006 6616
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Ghent, 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%32564 20
30 - 60%41860 21
60 - 100%59268 17
100 - 200%1,86468 14
200 - 300%1,66268 15
300 - 400%83560 21
> 400%49950 25

Ghent, 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 Dwelling5,520 6418
Not Owner-Occupied As A Principal Dwelling636 7512
Not Applicable9 3344

Home Owner Property Type Statistics in Ghent, 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)5,639 6518
One To Four-Family446 766
Manufactured Housing110 5030
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