Top Hinckley, MN Mortgage Lenders

RankHinckley Mortgage LenderHinckley Home Loans ProcessedHinckley Home Loans ApprovedHinckley Home Loans DeniedHinckley Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHinckley Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 3,484 65%14%
  • 208%
  • (100,000 Loan / $48,000 Income)
  • 207%
  • (108,000 Loan / $52,000 Income)
2Jpmorgan Chase Bank 960 83%12%
  • 255%
  • (138,000 / $54,000)
  • 243%
  • (90,000 / $37,000)
3Us Bank 816 76%15%
  • 236%
  • (45,000 / $19,000)
  • 253%
  • (198,000 / $78,000)
4Affinity Plus Federal Credit U 606 67%5%
  • 139%
  • (116,000 / $83,000)
  • 242%
  • (240,000 / $99,000)
5Citimortgage 534 82%6%
  • 250%
  • (150,000 / $60,000)
  • 233%
  • (140,000 / $60,000)
6Bank Of America 498 74%16%
  • 258%
  • (246,000 / $95,000)
  • 256%
  • (187,000 / $73,000)
7Countrywide Bank Fsb 447 70%19%
  • 229%
  • (246,000 / $107,000)
  • 283%
  • (51,000 / $18,000)
8State Bank & Trust 400 74%13%
  • 130%
  • (250,000 / $192,000)
  • 211%
  • (110,000 / $52,000)
9Eastwood Bank 338 69%11%
  • 147%
  • (112,000 / $76,000)
  • 150%
  • (101,000 / $67,000)
10Mortgage Guaranty Insurance Co 294 72%6%
  • 248%
  • (149,000 / $60,000)
  • 214%
  • (120,000 / $56,000)
11Bremer Bank Na (Fargo) 289 83%6%
  • 138%
  • (112,000 / $81,000)
  • 125%
  • (30,000 / $24,000)
12Countrywide Home Loans 248 81%12%
  • 265%
  • (130,000 / $49,000)
  • 240%
  • (84,000 / $35,000)
13Wells Fargo Funding 241 99%0%
  • 265%
  • (417,000 / $157,000)
  • 289%
  • (162,000 / $56,000)
14Citibank 229 70%13%
  • 122%
  • (124,000 / $101,000)
  • 115%
  • (67,000 / $58,000)
15Beneficial Company Llc 227 4%79%
  • 197%
  • (154,000 / $78,000)
  • 240%
  • (96,000 / $40,000)
16Us Bank North Dakota 225 37%42%
  • 131%
  • (101,000 / $77,000)
  • 192%
  • (75,000 / $39,000)
17Agstar Financial Services 206 54%6%
  • 239%
  • (110,000 / $46,000)
  • 390%
  • (117,000 / $30,000)
18Genworth Mortgage Insurance Co 202 66%2%
  • 256%
  • (149,000 / $58,000)
  • 174%
  • (129,000 / $74,000)
19Embrace Home Loans, 202 6%44%
  • 259%
  • (57,000 / $22,000)
  • 272%
  • (49,000 / $18,000)
20Lake State Federal Credit Unio 196 18%28%
  • 195%
  • (195,000 / $100,000)
  • 327%
  • (200,000 / $61,000)

Hinckley, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 19,140
  2. Loan Applications Denied: 3,346
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 12,347
  5. % of Loan Applications Originated 64

Hinckley, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Credit history11
Debt-to-income ratio10
Credit application incomplete3
Unverifiable information1

Hinckley, 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 - $100,0006,549 6319
$100,000 - $300,00011,375 6516
$300,000 - $500,0001,096 6517
$500,000 - $1,000,000102 4429
$1,000,000 - $1,500,00013 5338
$1,500,000 - $2,000,0005 200

Hinckley, 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 - $100,00015,457 6218
$100,000 - $300,0003,344 7012
$300,000 - $500,000217 7014
$500,000 - $1,000,00097 7510
$1,000,000 - $1,500,00014 6421
$1,500,000 - $2,000,0004 5025
> $2,000,0007 8514

Loan to Income Ratios Research for Mortgage in Hinckley, 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%81063 20
30 - 60%1,08864 17
60 - 100%1,49768 16
100 - 200%5,35667 14
200 - 300%5,21266 15
300 - 400%3,13462 17
> 400%2,04347 30

Hinckley, 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 Dwelling17,107 6317
Not Owner-Occupied As A Principal Dwelling1,925 7114
Not Applicable17 5235

Home Owner Property Type Statistics in Hinckley, 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)17,512 6417
One To Four-Family1,084 755
Manufactured Housing544 4634
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