Top Grove Park-Tilden, MN Mortgage Lenders

RankGrove Park-Tilden Mortgage LenderGrove Park-Tilden Home Loans ProcessedGrove Park-Tilden Home Loans ApprovedGrove Park-Tilden Home Loans DeniedGrove Park-Tilden Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGrove Park-Tilden Mortgage Median LTR for Denied Loans
1Bremer Bank Na (Grand Forks) 183 86%4%
  • 150%
  • (45,000 Loan / $30,000 Income)
  • 83%
  • (67,000 Loan / $80,000 Income)
2Wells Fargo Bank 143 64%18%
  • 146%
  • (300,000 / $205,000)
  • 240%
  • (154,000 / $64,000)
3Ultima Bank Minnesota 123 82%14%
  • 78%
  • (36,000 / $46,000)
  • 111%
  • (10,000 / $9,000)
4Jpmorgan Chase Bank 94 88%8%
  • 124%
  • (56,000 / $45,000)
  • 194%
  • (204,000 / $105,000)
5American Federal Bank 85 83%8%
  • 116%
  • (90,000 / $77,000)
  • 172%
  • (176,000 / $102,000)
6Citimortgage 74 87%4%
  • 210%
  • (311,000 / $148,000)
  • 110%
  • (91,000 / $82,000)
7Unity Bank North 62 95%3%
  • 102%
  • (97,000 / $95,000)
  • 362%
  • (105,000 / $29,000)
8Us Bank 39 61%25%
  • 244%
  • (254,000 / $104,000)
  • 300%
  • (93,000 / $31,000)
9Countrywide Bank Fsb 30 86%10%
  • 331%
  • (265,000 / $80,000)
  • 228%
  • (73,000 / $32,000)
10Alerus Financial 30 86%10%
  • 125%
  • (131,000 / $104,000)
  • 50%
  • (30,000 / $59,000)
11Mortgage Guaranty Insurance Co 25 72%8%
  • 165%
  • (134,000 / $81,000)
  • 262%
  • (176,000 / $67,000)
12Wealthbridge Mortgage Corp. 22 72%13%
  • 250%
  • (125,000 / $50,000)
  • 290%
  • (61,000 / $21,000)
13Countrywide Home Loans 22 81%13%
  • 225%
  • (158,000 / $70,000)
  • 145%
  • (64,000 / $44,000)
14Frandsen Bank & Trust 21 90%0%
  • 158%
  • (160,000 / $101,000)
0
15Affinity Plus Federal Credit U 21 61%14%
  • 170%
  • (232,000 / $136,000)
  • 260%
  • (125,000 / $48,000)
16Embrace Home Loans, 20 5%30%
  • 270%
  • (208,000 / $77,000)
  • 154%
  • (77,000 / $50,000)
17Citibank 19 68%15%
  • 111%
  • (85,000 / $76,000)
  • 54%
  • (75,000 / $137,000)
18Crookston National Bank 18 72%22%
  • 128%
  • (49,000 / $38,000)
  • 125%
  • (45,000 / $36,000)
19Beneficial Company Llc 18 11%72%
  • 192%
  • (110,000 / $57,000)
  • 211%
  • (237,000 / $112,000)
20Quicken Loans 17 47%35%
  • 241%
  • (82,000 / $34,000)
  • 243%
  • (156,000 / $64,000)

Grove Park-Tilden, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,542
  2. Loan Applications Denied: 231
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 1,092
  5. % of Loan Applications Originated 70

Grove Park-Tilden, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history13
Debt-to-income ratio11
Credit application incomplete4
Unverifiable information1

Grove Park-Tilden, 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 - $100,000720 6815
$100,000 - $300,000745 7015
$300,000 - $500,00075 826
$500,000 - $1,000,0002 5050

Grove Park-Tilden, 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 - $100,0001,168 6617
$100,000 - $300,000329 787
$300,000 - $500,00027 990
$500,000 - $1,000,00016 806
$1,000,000 - $1,500,0002 500

Loan to Income Ratios Research for Mortgage in Grove Park-Tilden, 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%8566 17
30 - 60%14374 11
60 - 100%18675 11
100 - 200%55474 11
200 - 300%34667 18
300 - 400%16963 21
> 400%5953 27

Grove Park-Tilden, 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 Dwelling1,243 6817
Not Owner-Occupied As A Principal Dwelling295 826

Home Owner Property Type Statistics in Grove Park-Tilden, 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)1,417 7114
Manufactured Housing65 6023
One To Four-Family60 766
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