Top Glen, MN Mortgage Lenders

RankGlen Mortgage LenderGlen Home Loans ProcessedGlen Home Loans ApprovedGlen Home Loans DeniedGlen Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGlen Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 378 65%16%
  • 179%
  • (156,000 Loan / $87,000 Income)
  • 220%
  • (198,000 Loan / $90,000 Income)
2Us Bank 164 79%11%
  • 192%
  • (146,000 / $76,000)
  • 217%
  • (122,000 / $56,000)
3Jpmorgan Chase Bank 116 87%10%
  • 249%
  • (294,000 / $118,000)
  • 140%
  • (190,000 / $135,000)
4Citimortgage 104 70%9%
  • 189%
  • (112,000 / $59,000)
  • 297%
  • (250,000 / $84,000)
5Countrywide Bank Fsb 101 67%18%
  • 230%
  • (189,000 / $82,000)
  • 304%
  • (192,000 / $63,000)
6Members Cooperative Credit Uni 80 73%11%
  • 156%
  • (127,000 / $81,000)
  • 414%
  • (195,000 / $47,000)
7Northview Bank 74 58%27%
  • 168%
  • (113,000 / $67,000)
  • 207%
  • (116,000 / $56,000)
8Beneficial Company Llc 60 1%73%
  • 150%
  • (101,000 / $67,000)
  • 220%
  • (99,000 / $45,000)
9Phh Mortgage Corporation 58 74%6%
  • 262%
  • (142,000 / $54,000)
  • 245%
  • (216,000 / $88,000)
10Bank Of America 54 79%12%
  • 215%
  • (190,000 / $88,000)
  • 258%
  • (240,000 / $93,000)
11Mortgage Guaranty Insurance Co 53 49%9%
  • 211%
  • (38,000 / $18,000)
  • 220%
  • (218,000 / $99,000)
12Affinity Plus Federal Credit U 49 63%10%
  • 107%
  • (82,000 / $76,000)
  • 141%
  • (78,000 / $55,000)
13Countrywide Home Loans 44 77%6%
  • 175%
  • (280,000 / $160,000)
  • 112%
  • (188,000 / $167,000)
14C.U. Mortgage Services, 37 62%8%
  • 202%
  • (140,000 / $69,000)
  • 210%
  • (40,000 / $19,000)
15Citibank 33 81%9%
  • 67%
  • (25,000 / $37,000)
  • 115%
  • (60,000 / $52,000)
16Ally Bank F/K/A/ Gmac Bank 28 50%21%
  • 268%
  • (405,000 / $151,000)
  • 307%
  • (80,000 / $26,000)
17Agstar Financial Services 28 42%35%
  • 166%
  • (170,000 / $102,000)
  • 242%
  • (80,000 / $33,000)
18Us Bank North Dakota 27 25%48%
  • 128%
  • (100,000 / $78,000)
  • 201%
  • (109,000 / $54,000)
19Provident Funding Associates 26 57%30%
  • 297%
  • (119,000 / $40,000)
  • 177%
  • (105,000 / $59,000)
20First National Bank Of Milaca 26 88%7%
  • 113%
  • (34,000 / $30,000)
  • 155%
  • (45,000 / $29,000)

Glen, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,694
  2. Loan Applications Denied: 530
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 1,682
  5. % of Loan Applications Originated 62

Glen, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Debt-to-income ratio11
Credit history11
Unverifiable information2
Credit application incomplete2

Glen, 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 - $100,000719 5923
$100,000 - $300,0001,734 6317
$300,000 - $500,000231 5721
$500,000 - $1,000,0009 770
$1,000,000 - $1,500,0001 0100

Glen, 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 - $100,0001,768 5722
$100,000 - $300,000835 6913
$300,000 - $500,00057 6822
$500,000 - $1,000,00029 826
$1,000,000 - $1,500,0002 5050
$1,500,000 - $2,000,0003 1000

Loan to Income Ratios Research for Mortgage in Glen, 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%7963 29
30 - 60%16063 19
60 - 100%33264 17
100 - 200%83668 14
200 - 300%56962 16
300 - 400%33857 22
> 400%38047 33

Glen, 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 Dwelling1,638 5623
Not Owner-Occupied As A Principal Dwelling988 7114
Not Applicable3 660

Home Owner Property Type Statistics in Glen, 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)2,391 6219
Manufactured Housing163 5526
One To Four-Family140 655
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