Top Hendricks, MN Mortgage Lenders

RankHendricks Mortgage LenderHendricks Home Loans ProcessedHendricks Home Loans ApprovedHendricks Home Loans DeniedHendricks Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHendricks Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,220 61%17%
  • 209%
  • (178,000 Loan / $85,000 Income)
  • 189%
  • (250,000 Loan / $132,000 Income)
2Affinity Plus Federal Credit U 343 62%7%
  • 115%
  • (23,000 / $20,000)
  • 233%
  • (49,000 / $21,000)
3Countrywide Bank Fsb 309 68%20%
  • 223%
  • (190,000 / $85,000)
  • 260%
  • (297,000 / $114,000)
4Jpmorgan Chase Bank 270 78%17%
  • 197%
  • (69,000 / $35,000)
  • 166%
  • (133,000 / $80,000)
5Citimortgage 267 80%8%
  • 226%
  • (417,000 / $184,000)
  • 318%
  • (121,000 / $38,000)
6Us Bank 197 74%16%
  • 224%
  • (242,000 / $108,000)
  • 266%
  • (275,000 / $103,000)
7Community Security Bank 191 77%5%
  • 203%
  • (310,000 / $152,000)
  • 348%
  • (164,000 / $47,000)
8Countrywide Home Loans 182 80%14%
  • 261%
  • (314,000 / $120,000)
  • 270%
  • (65,000 / $24,000)
9Beneficial Company Llc 175 5%81%
  • 93%
  • (113,000 / $121,000)
  • 252%
  • (255,000 / $101,000)
10Mortgage Guaranty Insurance Co 159 71%9%
  • 239%
  • (275,000 / $115,000)
  • 200%
  • (221,000 / $110,000)
11Bank Of America 154 72%17%
  • 243%
  • (95,000 / $39,000)
  • 287%
  • (256,000 / $89,000)
12Kleinbank 137 75%13%
  • 138%
  • (200,000 / $144,000)
  • 179%
  • (77,000 / $43,000)
13Genworth Mortgage Insurance Co 117 70%5%
  • 252%
  • (293,000 / $116,000)
  • 197%
  • (255,000 / $129,000)
14Wells Fargo Funding 113 100%0%
  • 274%
  • (118,000 / $43,000)
0
15Think Mutual Bank 107 73%9%
  • 145%
  • (96,000 / $66,000)
  • 135%
  • (107,000 / $79,000)
16Wells Fargo Fin'l Minnesota 94 20%48%
  • 229%
  • (131,000 / $57,000)
  • 250%
  • (95,000 / $38,000)
17United Guaranty Corporation 92 72%8%
  • 235%
  • (188,000 / $80,000)
  • 241%
  • (241,000 / $100,000)
18Bank Of The West 91 63%28%
  • 69%
  • (25,000 / $36,000)
  • 43%
  • (31,000 / $72,000)
19Citibank 88 70%21%
  • 78%
  • (72,000 / $92,000)
  • 64%
  • (40,000 / $62,000)
20Citifinancial Services Inc 79 29%50%
  • 230%
  • (69,000 / $30,000)
  • 170%
  • (41,000 / $24,000)

Hendricks, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 8,068
  2. Loan Applications Denied: 1,526
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 5,068
  5. % of Loan Applications Originated 62

Hendricks, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history10
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Hendricks, 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 - $100,0002,842 6021
$100,000 - $300,0004,671 6417
$300,000 - $500,000529 5819
$500,000 - $1,000,00024 5420
$1,000,000 - $1,500,0002 5050

Hendricks, 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 - $100,0006,254 6020
$100,000 - $300,0001,704 6814
$300,000 - $500,00079 7412
$500,000 - $1,000,00024 708
$1,000,000 - $1,500,0007 990

Loan to Income Ratios Research for Mortgage in Hendricks, 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%39765 21
30 - 60%52762 22
60 - 100%68365 16
100 - 200%2,19967 15
200 - 300%2,19162 17
300 - 400%1,22459 20
> 400%84748 27

Hendricks, 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 Dwelling7,123 6119
Not Owner-Occupied As A Principal Dwelling877 7512
Not Applicable16 5618

Home Owner Property Type Statistics in Hendricks, 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)7,247 6219
One To Four-Family590 746
Manufactured Housing231 5030
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