Top Good Hope, MN Mortgage Lenders

RankGood Hope Mortgage LenderGood Hope Home Loans ProcessedGood Hope Home Loans ApprovedGood Hope Home Loans DeniedGood Hope Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGood Hope Mortgage Median LTR for Denied Loans
1Affinity Plus Federal Credit U 101 72%6%
  • 124%
  • (106,000 Loan / $85,000 Income)
  • 250%
  • (50,000 Loan / $20,000 Income)
2Wells Fargo Bank 84 55%26%
  • 149%
  • (121,000 / $81,000)
  • 171%
  • (96,000 / $56,000)
3Northview Bank 23 73%13%
  • 159%
  • (169,000 / $106,000)
  • 119%
  • (150,000 / $126,000)
4Us Bank 16 75%18%
  • 253%
  • (109,000 / $43,000)
  • 346%
  • (173,000 / $50,000)
5American Bank Of The North 16 68%18%
  • 138%
  • (105,000 / $76,000)
  • 48%
  • (240,000 / $497,000)
6Jpmorgan Chase Bank 11 90%9%
  • 285%
  • (97,000 / $34,000)
  • 166%
  • (75,000 / $45,000)
7Countrywide Bank Fsb 11 63%27%
  • 288%
  • (75,000 / $26,000)
  • 277%
  • (169,000 / $61,000)
8Bank Of America 10 30%30%
  • 420%
  • (143,000 / $34,000)
  • 283%
  • (207,000 / $73,000)
9Us Bank North Dakota 8 0%75% 0
  • 232%
  • (58,000 / $25,000)
10Countrywide Home Loans 7 100%0%
  • 238%
  • (100,000 / $42,000)
0
11Embrace Home Loans, 6 16%16%
  • 174%
  • (110,000 / $63,000)
  • 372%
  • (82,000 / $22,000)
12Taylor, Bean & Whitaker 5 60%40%
  • 271%
  • (160,000 / $59,000)
  • 707%
  • (184,000 / $26,000)
13Genworth Mortgage Insurance Co 5 60%0%
  • 185%
  • (52,000 / $28,000)
0
14Freedom Mortgage Corp. 5 80%20%
  • 263%
  • (129,000 / $49,000)
  • 206%
  • (169,000 / $82,000)
15Cmg Mortgage Insurance Co. 5 80%0%
  • 228%
  • (105,000 / $46,000)
0
16Phh Mortgage Corporation 4 75%0%
  • 168%
  • (244,000 / $145,000)
0
17Midcountry Bank 4 75%0%
  • 22%
  • (101,000 / $444,000)
0
18Citizens National Bank 4 100%0%
  • 230%
  • (150,000 / $65,000)
0
19Wells Fargo Fin'l Minnesota 3 0%66% 0
  • 285%
  • (40,000 / $14,000)
20New York Community Bank 3 33%33%
  • 312%
  • (400,000 / $128,000)
  • 463%
  • (241,000 / $52,000)

Good Hope, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 439
  2. Loan Applications Denied: 96
  3. % of Loan Applications Denied: 21
  4. # of Loan Originations: 263
  5. % of Loan Applications Originated 59

Good Hope, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral21
Credit history14
Debt-to-income ratio13
Credit application incomplete4
Insufficient cash (downpayment, closing costs)2

Good Hope, 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 - $100,000186 6218
$100,000 - $300,000233 5822
$300,000 - $500,00019 3642
$500,000 - $1,000,0001 1000

Good Hope, 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 - $100,000360 5721
$100,000 - $300,00067 6622
$300,000 - $500,0008 6225
$500,000 - $1,000,0002 500
$1,500,000 - $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Good Hope, 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%2085 15
30 - 60%3963 17
60 - 100%5764 15
100 - 200%10666 17
200 - 300%12157 19
300 - 400%4652 21
> 400%5038 48

Good Hope, 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 Dwelling359 5821
Not Owner-Occupied As A Principal Dwelling75 6525
Not Applicable1 00

Home Owner Property Type Statistics in Good Hope, 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)381 6022
Manufactured Housing42 5423
One To Four-Family16 680
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