Top Granby, MN Mortgage Lenders

RankGranby Mortgage LenderGranby Home Loans ProcessedGranby Home Loans ApprovedGranby Home Loans DeniedGranby Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGranby Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 355 67%13%
  • 224%
  • (83,000 Loan / $37,000 Income)
  • 250%
  • (193,000 Loan / $77,000 Income)
2Alliance Bank 93 92%1%
  • 148%
  • (134,000 / $90,000)
  • 209%
  • (149,000 / $71,000)
3Frandsen Bank & Trust 91 94%3%
  • 148%
  • (95,000 / $64,000)
  • 183%
  • (198,000 / $108,000)
4Citizens Bank Minnesota 82 89%4%
  • 176%
  • (30,000 / $17,000)
  • 306%
  • (251,000 / $82,000)
5Affinity Plus Federal Credit U 71 69%7%
  • 96%
  • (77,000 / $80,000)
  • 142%
  • (60,000 / $42,000)
6Agstar Financial Services 49 55%14%
  • 203%
  • (106,000 / $52,000)
  • 266%
  • (128,000 / $48,000)
7Mortgage Guaranty Insurance Co 47 70%14%
  • 262%
  • (213,000 / $81,000)
  • 220%
  • (159,000 / $72,000)
8Phh Mortgage Corporation 44 97%0%
  • 200%
  • (142,000 / $71,000)
0
9Wells Federal Bank 38 63%13%
  • 171%
  • (192,000 / $112,000)
  • 301%
  • (178,000 / $59,000)
10Nicollet County Bank Of St. Pe 38 81%7%
  • 180%
  • (76,000 / $42,000)
  • 309%
  • (229,000 / $74,000)
11Genworth Mortgage Insurance Co 37 37%2%
  • 301%
  • (280,000 / $93,000)
  • 443%
  • (293,000 / $66,000)
12Countrywide Bank Fsb 32 71%9%
  • 231%
  • (160,000 / $69,000)
  • 144%
  • (129,000 / $89,000)
13Us Bank 31 77%3%
  • 229%
  • (78,000 / $34,000)
  • 229%
  • (110,000 / $48,000)
14Citimortgage 30 90%0%
  • 229%
  • (195,000 / $85,000)
0
15Citibank 27 55%29%
  • 93%
  • (98,000 / $105,000)
  • 380%
  • (289,000 / $76,000)
16Jpmorgan Chase Bank 25 80%20%
  • 308%
  • (151,000 / $49,000)
  • 180%
  • (130,000 / $72,000)
17Tcf National Bank 23 47%34%
  • 207%
  • (58,000 / $28,000)
  • 253%
  • (190,000 / $75,000)
18Community Bank Mankato 22 100%0%
  • 222%
  • (209,000 / $94,000)
0
19Wells Fargo Fin'l Minnesota 21 19%57%
  • 326%
  • (150,000 / $46,000)
  • 297%
  • (235,000 / $79,000)
20Countrywide Home Loans 20 75%20%
  • 229%
  • (140,000 / $61,000)
  • 212%
  • (132,000 / $62,000)

Granby, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,769
  2. Loan Applications Denied: 253
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 1,213
  5. % of Loan Applications Originated 68

Granby, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history9
Debt-to-income ratio6
Unverifiable information2
Credit application incomplete2

Granby, 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 - $100,000509 6716
$100,000 - $300,0001,190 6813
$300,000 - $500,00067 6911
$500,000 - $1,000,0003 6633

Granby, 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 - $100,0001,436 6515
$100,000 - $300,000315 769
$300,000 - $500,00013 1000
$500,000 - $1,000,0003 660
$1,000,000 - $1,500,0001 00
> $2,000,0001 0100

Loan to Income Ratios Research for Mortgage in Granby, 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%7071 15
30 - 60%12365 19
60 - 100%12569 14
100 - 200%48871 10
200 - 300%53669 12
300 - 400%26265 17
> 400%16556 21

Granby, 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 Dwelling1,716 6814
Not Owner-Occupied As A Principal Dwelling47 728
Not Applicable3 6633

Home Owner Property Type Statistics in Granby, 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)1,607 6914
One To Four-Family139 695
Manufactured Housing23 2139
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