Top Holland, MN Mortgage Lenders

RankHolland Mortgage LenderHolland Home Loans ProcessedHolland Home Loans ApprovedHolland Home Loans DeniedHolland Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHolland Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 45 62%17%
  • 194%
  • (130,000 Loan / $67,000 Income)
  • 280%
  • (87,000 Loan / $31,000 Income)
2Jpmorgan Chase Bank 25 88%12%
  • 130%
  • (65,000 / $50,000)
  • 138%
  • (100,000 / $72,000)
3Wealthbridge Mortgage Corp. 16 75%12%
  • 216%
  • (104,000 / $48,000)
  • 243%
  • (100,000 / $41,000)
4Phh Mortgage Corporation 12 91%8%
  • 164%
  • (120,000 / $73,000)
  • 201%
  • (125,000 / $62,000)
5Trustone Financial Fcu 11 36%36%
  • 81%
  • (65,000 / $80,000)
  • 137%
  • (125,000 / $91,000)
6Embrace Home Loans, 11 9%27%
  • 136%
  • (15,000 / $11,000)
  • 126%
  • (76,000 / $60,000)
7Countrywide Bank Fsb 11 72%27%
  • 500%
  • (160,000 / $32,000)
  • 217%
  • (183,000 / $84,000)
8Beneficial Company Llc 11 0%63% 0
  • 194%
  • (185,000 / $95,000)
9Mortgage Services Iii, L.L.C. 10 60%10%
  • 169%
  • (120,000 / $71,000)
  • 184%
  • (170,000 / $92,000)
10Hometown Bank 9 66%0%
  • 154%
  • (68,000 / $44,000)
0
11Citifinancial Services Inc 9 55%22%
  • 252%
  • (53,000 / $21,000)
  • 431%
  • (82,000 / $19,000)
12Citimortgage 8 100%0%
  • 196%
  • (198,000 / $101,000)
0
13National City Bank 7 85%0%
  • 277%
  • (75,000 / $27,000)
0
14Genworth Mortgage Insurance Co 7 71%0%
  • 225%
  • (153,000 / $68,000)
0
15Citibank 7 71%14%
  • 143%
  • (69,000 / $48,000)
  • 68%
  • (51,000 / $75,000)
16Wells Fargo Funding 6 100%0%
  • 416%
  • (337,000 / $81,000)
0
17North American State Bank 6 83%16%
  • 73%
  • (76,000 / $104,000)
  • 217%
  • (63,000 / $29,000)
18Us Bk Na Nd 5 80%0%
  • 175%
  • (112,000 / $64,000)
0
19Hfc Company Llc 5 0%100% 0
  • 152%
  • (140,000 / $92,000)
20Bremer Bank Na (Willmar) 5 80%0%
  • 188%
  • (64,000 / $34,000)
0

Holland, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 343
  2. Loan Applications Denied: 71
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 215
  5. % of Loan Applications Originated 62

Holland, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Credit history10
Debt-to-income ratio6
Unverifiable information4
Credit application incomplete3

Holland, 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 - $100,000173 6521
$100,000 - $300,000165 5720
$300,000 - $500,0004 1000
$500,000 - $1,000,0001 1000

Holland, 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 - $100,000317 6121
$100,000 - $300,00025 688
$300,000 - $500,0001 1000

Loan to Income Ratios Research for Mortgage in Holland, 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%1060 40
30 - 60%1877 11
60 - 100%3859 18
100 - 200%12062 18
200 - 300%10157 19
300 - 400%3766 29
> 400%1963 26

Holland, 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 Dwelling332 6221
Not Owner-Occupied As A Principal Dwelling10 5010
Not Applicable1 1000

Home Owner Property Type Statistics in Holland, 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)319 6221
One To Four-Family19 735
Manufactured Housing5 4060
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