Top Great Scott, MN Mortgage Lenders

RankGreat Scott Mortgage LenderGreat Scott Home Loans ProcessedGreat Scott Home Loans ApprovedGreat Scott Home Loans DeniedGreat Scott Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGreat Scott Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 428 62%17%
  • 154%
  • (91,000 Loan / $59,000 Income)
  • 153%
  • (20,000 Loan / $13,000 Income)
2American Bank Of The North 312 75%15%
  • 118%
  • (64,000 / $54,000)
  • 181%
  • (100,000 / $55,000)
3Us Bank North Dakota 176 46%37%
  • 98%
  • (88,000 / $89,000)
  • 156%
  • (80,000 / $51,000)
4Us Bank 136 73%16%
  • 205%
  • (117,000 / $57,000)
  • 269%
  • (237,000 / $88,000)
5Us Bk Na Nd 92 39%43%
  • 131%
  • (120,000 / $91,000)
  • 190%
  • (162,000 / $85,000)
6Jpmorgan Chase Bank 75 73%25%
  • 200%
  • (66,000 / $33,000)
  • 217%
  • (152,000 / $70,000)
7First National Bank 68 85%10%
  • 105%
  • (71,000 / $67,000)
  • 172%
  • (50,000 / $29,000)
8Phh Mortgage Corporation 63 79%1%
  • 209%
  • (69,000 / $33,000)
  • 41%
  • (37,000 / $89,000)
9Bank Of America 63 58%26%
  • 175%
  • (91,000 / $52,000)
  • 209%
  • (161,000 / $77,000)
10Countrywide Bank Fsb 58 75%10%
  • 204%
  • (127,000 / $62,000)
  • 228%
  • (87,000 / $38,000)
11Queen City Federal Savings Ban 52 96%3%
  • 140%
  • (133,000 / $95,000)
  • 513%
  • (77,000 / $15,000)
12Freedom Mortgage Corp. 52 73%7%
  • 234%
  • (155,000 / $66,000)
  • 528%
  • (185,000 / $35,000)
13Citimortgage 52 69%17%
  • 270%
  • (230,000 / $85,000)
  • 290%
  • (232,000 / $80,000)
14Prime Lending 45 73%13%
  • 226%
  • (147,000 / $65,000)
  • 289%
  • (81,000 / $28,000)
15Citifinancial Services Inc 44 47%36%
  • 197%
  • (71,000 / $36,000)
  • 250%
  • (60,000 / $24,000)
16Mortgage Guaranty Insurance Co 43 72%6%
  • 178%
  • (66,000 / $37,000)
  • 150%
  • (114,000 / $76,000)
17Affinity Plus Federal Credit U 41 70%2%
  • 124%
  • (148,000 / $119,000)
  • 272%
  • (49,000 / $18,000)
18Countrywide Home Loans 40 87%7%
  • 228%
  • (87,000 / $38,000)
  • 154%
  • (128,000 / $83,000)
19Embrace Home Loans, 31 3%45%
  • 101%
  • (127,000 / $125,000)
  • 248%
  • (102,000 / $41,000)
20Quicken Loans 30 86%3%
  • 247%
  • (183,000 / $74,000)
  • 445%
  • (214,000 / $48,000)

Great Scott, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,816
  2. Loan Applications Denied: 553
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 1,791
  5. % of Loan Applications Originated 63

Great Scott, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Credit history14
Debt-to-income ratio7
Credit application incomplete3
Unverifiable information2

Great Scott, 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 - $100,0001,314 6419
$100,000 - $300,0001,405 6119
$300,000 - $500,00092 6320
$500,000 - $1,000,0005 4020

Great Scott, 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 - $100,0002,307 6120
$100,000 - $300,000475 6815
$300,000 - $500,00027 817
$500,000 - $1,000,0007 990

Loan to Income Ratios Research for Mortgage in Great Scott, 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%11366 23
30 - 60%17866 15
60 - 100%31667 17
100 - 200%1,00465 18
200 - 300%68963 19
300 - 400%32359 19
> 400%19342 33

Great Scott, 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 Dwelling2,523 6219
Not Owner-Occupied As A Principal Dwelling272 7019
Not Applicable5 8020

Home Owner Property Type Statistics in Great Scott, 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)2,574 6320
One To Four-Family152 687
Manufactured Housing90 5725
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