Top Grand Meadow, MN Mortgage Lenders

RankGrand Meadow Mortgage LenderGrand Meadow Home Loans ProcessedGrand Meadow Home Loans ApprovedGrand Meadow Home Loans DeniedGrand Meadow Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGrand Meadow Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 235 71%12%
  • 192%
  • (52,000 Loan / $27,000 Income)
  • 202%
  • (213,000 Loan / $105,000 Income)
2Home Federal Savings Bank 110 65%9%
  • 146%
  • (60,000 / $41,000)
  • 236%
  • (142,000 / $60,000)
3Think Mutual Bank 82 59%7%
  • 112%
  • (65,000 / $58,000)
  • 229%
  • (124,000 / $54,000)
4Agstar Financial Services 75 57%4%
  • 189%
  • (125,000 / $66,000)
  • 208%
  • (71,000 / $34,000)
5Eastwood Bank 44 86%6%
  • 196%
  • (102,000 / $52,000)
  • 208%
  • (200,000 / $96,000)
6Qr Lending Inc 40 60%15%
  • 181%
  • (96,000 / $53,000)
  • 228%
  • (130,000 / $57,000)
7Beneficial Company Llc 39 10%84%
  • 142%
  • (94,000 / $66,000)
  • 267%
  • (150,000 / $56,000)
8Bank Of America 38 68%10%
  • 312%
  • (244,000 / $78,000)
  • 142%
  • (142,000 / $100,000)
9Us Bank 36 80%11%
  • 265%
  • (191,000 / $72,000)
  • 221%
  • (115,000 / $52,000)
10Affinity Plus Federal Credit U 33 69%6%
  • 76%
  • (53,000 / $69,000)
  • 315%
  • (259,000 / $82,000)
11Mayo Employees Federal Cu 28 96%0%
  • 45%
  • (94,000 / $207,000)
0
12Citimortgage 27 88%3%
  • 190%
  • (80,000 / $42,000)
  • 197%
  • (71,000 / $36,000)
13Jpmorgan Chase Bank 26 80%19%
  • 289%
  • (139,000 / $48,000)
  • 83%
  • (57,000 / $68,000)
14United Guaranty Corporation 24 54%16%
  • 310%
  • (115,000 / $37,000)
  • 495%
  • (198,000 / $40,000)
15Countrywide Bank Fsb 24 79%16%
  • 304%
  • (253,000 / $83,000)
  • 277%
  • (122,000 / $44,000)
16Wells Federal Bank 21 33%19%
  • 202%
  • (85,000 / $42,000)
  • 314%
  • (195,000 / $62,000)
17Embrace Home Loans, 19 0%52% 0
  • 252%
  • (111,000 / $44,000)
18North Shore Bank Of Commerce 18 72%5%
  • 180%
  • (298,000 / $165,000)
  • 138%
  • (100,000 / $72,000)
19Associated Bank 17 52%23%
  • 257%
  • (170,000 / $66,000)
  • 330%
  • (119,000 / $36,000)
20Mortgage Guaranty Insurance Co 16 56%31%
  • 254%
  • (89,000 / $35,000)
  • 148%
  • (119,000 / $80,000)

Grand Meadow, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,371
  2. Loan Applications Denied: 223
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 867
  5. % of Loan Applications Originated 63

Grand Meadow, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio9
Credit history9
Credit application incomplete3
Insufficient cash (downpayment, closing costs)2

Grand Meadow, 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 - $100,000518 6316
$100,000 - $300,000799 6216
$300,000 - $500,00050 6616
$500,000 - $1,000,0003 1000
> $2,000,0001 1000

Grand Meadow, 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 - $100,0001,114 6017
$100,000 - $300,000233 739
$300,000 - $500,00011 6327
$500,000 - $1,000,0003 3333
$1,000,000 - $1,500,0004 5025
$1,500,000 - $2,000,0001 1000
> $2,000,0005 1000

Loan to Income Ratios Research for Mortgage in Grand Meadow, 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%9064 16
30 - 60%8271 13
60 - 100%10975 10
100 - 200%41263 15
200 - 300%35661 15
300 - 400%20758 21
> 400%11555 20

Grand Meadow, 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 Dwelling1,276 6216
Not Owner-Occupied As A Principal Dwelling89 7711

Home Owner Property Type Statistics in Grand Meadow, 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)1,284 6315
One To Four-Family77 6618
Manufactured Housing10 6040
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