Top Granada, MN Mortgage Lenders

RankGranada Mortgage LenderGranada Home Loans ProcessedGranada Home Loans ApprovedGranada Home Loans DeniedGranada Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGranada Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 463 57%22%
  • 167%
  • (154,000 Loan / $92,000 Income)
  • 140%
  • (100,000 Loan / $71,000 Income)
2Jpmorgan Chase Bank 163 79%18%
  • 227%
  • (82,000 / $36,000)
  • 203%
  • (175,000 / $86,000)
3Genworth Mortgage Insurance Co 130 59%3%
  • 180%
  • (54,000 / $30,000)
  • 188%
  • (115,000 / $61,000)
4Agstar Financial Services 129 62%9%
  • 197%
  • (197,000 / $100,000)
  • 292%
  • (208,000 / $71,000)
5Mortgage Guaranty Insurance Co 124 61%10%
  • 176%
  • (44,000 / $25,000)
  • 238%
  • (119,000 / $50,000)
6Hometown Bank 103 90%8%
  • 132%
  • (122,000 / $92,000)
  • 181%
  • (40,000 / $22,000)
7Countrywide Bank Fsb 103 70%21%
  • 243%
  • (175,000 / $72,000)
  • 256%
  • (113,000 / $44,000)
8Citimortgage 102 82%7%
  • 230%
  • (182,000 / $79,000)
  • 212%
  • (66,000 / $31,000)
9Beneficial Company Llc 80 6%76%
  • 175%
  • (175,000 / $100,000)
  • 159%
  • (140,000 / $88,000)
10Roundbank 76 86%7%
  • 91%
  • (33,000 / $36,000)
  • 163%
  • (80,000 / $49,000)
11Us Bank 67 79%13%
  • 196%
  • (191,000 / $97,000)
  • 342%
  • (120,000 / $35,000)
12First State Bank Of Wabasha 67 95%2%
  • 181%
  • (125,000 / $69,000)
  • 602%
  • (253,000 / $42,000)
13Affinity Plus Federal Credit U 67 58%8%
  • 77%
  • (41,000 / $53,000)
  • 328%
  • (220,000 / $67,000)
14Wells Fargo Fin'l Minnesota 63 17%57%
  • 229%
  • (108,000 / $47,000)
  • 164%
  • (23,000 / $14,000)
15Countrywide Home Loans 59 79%10%
  • 184%
  • (85,000 / $46,000)
  • 252%
  • (121,000 / $48,000)
16United Guaranty Corporation 54 81%0%
  • 161%
  • (63,000 / $39,000)
0
17Citifinancial Services Inc 53 47%32%
  • 195%
  • (86,000 / $44,000)
  • 195%
  • (141,000 / $72,000)
18Merchants Bank 52 73%11%
  • 172%
  • (162,000 / $94,000)
  • 191%
  • (65,000 / $34,000)
19Bank Of America 49 75%14%
  • 164%
  • (84,000 / $51,000)
  • 210%
  • (238,000 / $113,000)
20Embrace Home Loans, 47 4%46%
  • 282%
  • (48,000 / $17,000)
  • 192%
  • (25,000 / $13,000)

Granada, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,856
  2. Loan Applications Denied: 803
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 2,372
  5. % of Loan Applications Originated 61

Granada, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history9
Collateral8
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Granada, 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 - $100,0002,043 6121
$100,000 - $300,0001,725 6119
$300,000 - $500,00081 5223
$500,000 - $1,000,0007 710

Granada, 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 - $100,0003,361 5921
$100,000 - $300,000451 7113
$300,000 - $500,00023 6417
$500,000 - $1,000,00018 6133
$1,000,000 - $1,500,0002 5050
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Granada, 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%19563 24
30 - 60%28663 22
60 - 100%40765 16
100 - 200%1,32864 18
200 - 300%92862 19
300 - 400%42750 27
> 400%28546 30

Granada, 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 Dwelling3,621 6021
Not Owner-Occupied As A Principal Dwelling214 7314
Not Applicable4 1000

Home Owner Property Type Statistics in Granada, 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)3,328 6022
One To Four-Family422 675
Manufactured Housing106 6024
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