Top Harmony, MN Mortgage Lenders

RankHarmony Mortgage LenderHarmony Home Loans ProcessedHarmony Home Loans ApprovedHarmony Home Loans DeniedHarmony Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHarmony Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,725 67%14%
  • 178%
  • (84,000 Loan / $47,000 Income)
  • 166%
  • (93,000 Loan / $56,000 Income)
2Jpmorgan Chase Bank 577 83%12%
  • 250%
  • (163,000 / $65,000)
  • 220%
  • (110,000 / $50,000)
3Us Bank 408 76%13%
  • 207%
  • (158,000 / $76,000)
  • 201%
  • (127,000 / $63,000)
4Citimortgage 341 80%6%
  • 189%
  • (163,000 / $86,000)
  • 311%
  • (184,000 / $59,000)
5Bremer Bank Na (Fargo) 293 78%3%
  • 150%
  • (99,000 / $66,000)
  • 68%
  • (85,000 / $124,000)
6Mortgage Guaranty Insurance Co 283 76%6%
  • 205%
  • (228,000 / $111,000)
  • 208%
  • (104,000 / $50,000)
7Bank Of America 281 76%14%
  • 210%
  • (63,000 / $30,000)
  • 250%
  • (120,000 / $48,000)
8State Bank & Trust 265 77%11%
  • 110%
  • (65,000 / $59,000)
  • 252%
  • (235,000 / $93,000)
9Countrywide Bank Fsb 265 70%20%
  • 204%
  • (296,000 / $145,000)
  • 257%
  • (54,000 / $21,000)
10Phh Mortgage Corporation 262 89%2%
  • 211%
  • (110,000 / $52,000)
  • 293%
  • (182,000 / $62,000)
11Agstar Financial Services 254 62%7%
  • 183%
  • (350,000 / $191,000)
  • 328%
  • (256,000 / $78,000)
12F & M Community Bank 239 97%1%
  • 165%
  • (76,000 / $46,000)
  • 256%
  • (100,000 / $39,000)
13Wells Federal Bank 216 60%18%
  • 147%
  • (90,000 / $61,000)
  • 208%
  • (48,000 / $23,000)
14Genworth Mortgage Insurance Co 199 57%3%
  • 228%
  • (318,000 / $139,000)
  • 230%
  • (247,000 / $107,000)
15Frandsen Bank & Trust 192 93%3%
  • 161%
  • (110,000 / $68,000)
  • 186%
  • (80,000 / $43,000)
16Affinity Plus Federal Credit U 178 61%5%
  • 107%
  • (45,000 / $42,000)
  • 162%
  • (104,000 / $64,000)
17Beneficial Company Llc 163 6%79%
  • 229%
  • (177,000 / $77,000)
  • 236%
  • (182,000 / $77,000)
18Embrace Home Loans, 161 5%47%
  • 280%
  • (216,000 / $77,000)
  • 254%
  • (56,000 / $22,000)
19Countrywide Home Loans 154 85%11%
  • 208%
  • (77,000 / $37,000)
  • 279%
  • (120,000 / $43,000)
20Citizens Bank Minnesota 148 93%2%
  • 138%
  • (215,000 / $155,000)
  • 206%
  • (120,000 / $58,000)

Harmony, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 13,092
  2. Loan Applications Denied: 2,188
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 8,747
  5. % of Loan Applications Originated 66

Harmony, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history10
Debt-to-income ratio8
Unverifiable information2
Credit application incomplete2

Harmony, 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 - $100,0005,318 6219
$100,000 - $300,0007,033 6814
$300,000 - $500,000684 7213
$500,000 - $1,000,00052 6021
$1,000,000 - $1,500,0002 500
$1,500,000 - $2,000,0003 033

Harmony, 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 - $100,00010,387 6418
$100,000 - $300,0002,426 7410
$300,000 - $500,000170 847
$500,000 - $1,000,00089 728
$1,000,000 - $1,500,00012 6616
$1,500,000 - $2,000,0003 660
> $2,000,0005 6020

Loan to Income Ratios Research for Mortgage in Harmony, 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%61261 22
30 - 60%82667 16
60 - 100%1,23172 14
100 - 200%4,23770 13
200 - 300%3,46866 16
300 - 400%1,63062 19
> 400%1,08852 26

Harmony, 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 Dwelling11,436 6517
Not Owner-Occupied As A Principal Dwelling1,586 7611
Not Applicable14 647

Home Owner Property Type Statistics in Harmony, 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)11,937 6617
One To Four-Family865 733
Manufactured Housing290 4634
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