Top Hollandale, MN Mortgage Lenders

RankHollandale Mortgage LenderHollandale Home Loans ProcessedHollandale Home Loans ApprovedHollandale Home Loans DeniedHollandale Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHollandale Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 737 58%19%
  • 171%
  • (230,000 Loan / $134,000 Income)
  • 192%
  • (110,000 Loan / $57,000 Income)
2Jpmorgan Chase Bank 211 80%15%
  • 231%
  • (160,000 / $69,000)
  • 216%
  • (216,000 / $100,000)
3Countrywide Bank Fsb 198 64%21%
  • 236%
  • (177,000 / $75,000)
  • 247%
  • (131,000 / $53,000)
4Citimortgage 190 79%10%
  • 230%
  • (157,000 / $68,000)
  • 264%
  • (180,000 / $68,000)
5Affinity Plus Federal Credit U 167 62%10%
  • 128%
  • (141,000 / $110,000)
  • 209%
  • (90,000 / $43,000)
6Us Bank 128 77%14%
  • 181%
  • (140,000 / $77,000)
  • 204%
  • (125,000 / $61,000)
7Beneficial Company Llc 120 6%79%
  • 226%
  • (143,000 / $63,000)
  • 198%
  • (119,000 / $60,000)
8Bank Of America 117 66%23%
  • 236%
  • (85,000 / $36,000)
  • 290%
  • (64,000 / $22,000)
9Countrywide Home Loans 107 80%12%
  • 229%
  • (248,000 / $108,000)
  • 251%
  • (78,000 / $31,000)
10Kleinbank 98 59%9%
  • 94%
  • (158,000 / $167,000)
  • 157%
  • (142,000 / $90,000)
11Agstar Financial Services 97 56%8%
  • 190%
  • (162,000 / $85,000)
  • 257%
  • (355,000 / $138,000)
12Mortgage Guaranty Insurance Co 91 72%9%
  • 237%
  • (95,000 / $40,000)
  • 213%
  • (128,000 / $60,000)
13Wells Fargo Funding 81 97%2%
  • 211%
  • (199,000 / $94,000)
  • 380%
  • (171,000 / $45,000)
14Genworth Mortgage Insurance Co 80 47%3%
  • 227%
  • (157,000 / $69,000)
  • 235%
  • (174,000 / $74,000)
15Us Bank North Dakota 75 24%52%
  • 208%
  • (150,000 / $72,000)
  • 111%
  • (245,000 / $220,000)
16Frandsen Bank & Trust 62 96%0%
  • 135%
  • (108,000 / $80,000)
0
17The Business Bank 59 91%3%
  • 264%
  • (299,000 / $113,000)
  • 4838%
  • (1,500,000 / $31,000)
18Phh Mortgage Corporation 59 67%6%
  • 259%
  • (179,000 / $69,000)
  • 288%
  • (170,000 / $59,000)
19Citibank 57 73%17%
  • 30%
  • (20,000 / $66,000)
  • 62%
  • (47,000 / $75,000)
20Citifinancial Services Inc 56 42%39%
  • 175%
  • (28,000 / $16,000)
  • 154%
  • (48,000 / $31,000)

Hollandale, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 5,232
  2. Loan Applications Denied: 1,041
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 3,214
  5. % of Loan Applications Originated 61

Hollandale, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Credit history10
Debt-to-income ratio8
Credit application incomplete3
Unverifiable information2

Hollandale, 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 - $100,0002,034 5921
$100,000 - $300,0002,874 6119
$300,000 - $500,000277 6616
$500,000 - $1,000,00045 5324
$1,000,000 - $1,500,0002 5050

Hollandale, 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 - $100,0004,142 5821
$100,000 - $300,000954 6714
$300,000 - $500,00091 7810
$500,000 - $1,000,00037 6610
$1,000,000 - $1,500,0007 5628
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Hollandale, 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%22264 21
30 - 60%34563 17
60 - 100%55262 20
100 - 200%1,47064 16
200 - 300%1,37760 18
300 - 400%73157 21
> 400%53551 30

Hollandale, 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 Dwelling4,301 5920
Not Owner-Occupied As A Principal Dwelling874 7015
Not Applicable16 5025

Home Owner Property Type Statistics in Hollandale, 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)4,712 6120
One To Four-Family324 675
Manufactured Housing196 4334
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