Top Hassan Valley, MN Mortgage Lenders

RankHassan Valley Mortgage LenderHassan Valley Home Loans ProcessedHassan Valley Home Loans ApprovedHassan Valley Home Loans DeniedHassan Valley Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHassan Valley Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,276 69%13%
  • 193%
  • (371,000 Loan / $192,000 Income)
  • 216%
  • (167,000 Loan / $77,000 Income)
2Cornerstone Mortgage Company 419 85%3%
  • 268%
  • (126,000 / $47,000)
  • 311%
  • (106,000 / $34,000)
3Jpmorgan Chase Bank 236 88%8%
  • 207%
  • (112,000 / $54,000)
  • 212%
  • (115,000 / $54,000)
4Novationcreditunion 185 72%12%
  • 45%
  • (23,000 / $51,000)
  • 37%
  • (31,000 / $82,000)
5Midcountry Bank 182 71%11%
  • 164%
  • (84,000 / $51,000)
  • 284%
  • (265,000 / $93,000)
6Us Bank 139 80%10%
  • 219%
  • (204,000 / $93,000)
  • 369%
  • (196,000 / $53,000)
7Citimortgage 137 83%5%
  • 215%
  • (149,000 / $69,000)
  • 218%
  • (109,000 / $50,000)
8Countrywide Bank Fsb 120 78%14%
  • 204%
  • (225,000 / $110,000)
  • 298%
  • (191,000 / $64,000)
9Bank Of America 117 84%9%
  • 316%
  • (370,000 / $117,000)
  • 335%
  • (151,000 / $45,000)
10Wells Fargo Funding 88 96%3%
  • 265%
  • (297,000 / $112,000)
  • 218%
  • (105,000 / $48,000)
11Citibank 87 79%5%
  • 148%
  • (172,000 / $116,000)
  • 90%
  • (30,000 / $33,000)
12Phh Mortgage Corporation 81 82%4%
  • 209%
  • (224,000 / $107,000)
  • 400%
  • (148,000 / $37,000)
13First Minnesota Bank 81 71%12%
  • 141%
  • (48,000 / $34,000)
  • 173%
  • (120,000 / $69,000)
14Kleinbank 72 68%16%
  • 160%
  • (352,000 / $219,000)
  • 255%
  • (153,000 / $60,000)
15Agstar Financial Services 58 68%6%
  • 200%
  • (106,000 / $53,000)
  • 234%
  • (485,000 / $207,000)
16Hfc Company Llc 54 5%72%
  • 152%
  • (99,000 / $65,000)
  • 258%
  • (160,000 / $62,000)
17Beneficial Company Llc 53 7%77%
  • 248%
  • (154,000 / $62,000)
  • 258%
  • (160,000 / $62,000)
18Countrywide Home Loans 52 75%15%
  • 224%
  • (128,000 / $57,000)
  • 232%
  • (251,000 / $108,000)
19Embrace Home Loans, 46 4%47%
  • 331%
  • (149,000 / $45,000)
  • 296%
  • (231,000 / $78,000)
20Wells Fargo Fin'l Minnesota 43 16%48%
  • 263%
  • (161,000 / $61,000)
  • 267%
  • (235,000 / $88,000)

Hassan Valley, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,781
  2. Loan Applications Denied: 797
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 3,200
  5. % of Loan Applications Originated 66

Hassan Valley, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral28
Credit history24
Debt-to-income ratio21
Credit application incomplete5
Unverifiable information3

Hassan Valley, 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 - $100,0001,489 6616
$100,000 - $300,0003,064 6716
$300,000 - $500,000219 5824
$500,000 - $1,000,0009 3366

Hassan Valley, 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 - $100,0003,874 6517
$100,000 - $300,000872 7014
$300,000 - $500,00022 5818
$500,000 - $1,000,0009 6611
$1,000,000 - $1,500,0003 1000
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Hassan Valley, 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%21358 21
30 - 60%31560 18
60 - 100%33765 16
100 - 200%1,26775 10
200 - 300%1,38266 15
300 - 400%81766 18
> 400%45049 30

Hassan Valley, 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 Dwelling4,602 6616
Not Owner-Occupied As A Principal Dwelling174 6916
Not Applicable5 2020

Home Owner Property Type Statistics in Hassan Valley, 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)4,731 6716
Manufactured Housing50 4648
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