Top Howard Lake, MN Mortgage Lenders

RankHoward Lake Mortgage LenderHoward Lake Home Loans ProcessedHoward Lake Home Loans ApprovedHoward Lake Home Loans DeniedHoward Lake Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHoward Lake Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 729 65%14%
  • 222%
  • (111,000 Loan / $50,000 Income)
  • 243%
  • (134,000 Loan / $55,000 Income)
2Jpmorgan Chase Bank 176 84%13%
  • 252%
  • (215,000 / $85,000)
  • 262%
  • (92,000 / $35,000)
3Us Bank 131 83%4%
  • 210%
  • (231,000 / $110,000)
  • 252%
  • (159,000 / $63,000)
4Citimortgage 90 82%5%
  • 192%
  • (160,000 / $83,000)
  • 282%
  • (198,000 / $70,000)
5Bank Of America 89 78%10%
  • 248%
  • (211,000 / $85,000)
  • 284%
  • (330,000 / $116,000)
6Wells Fargo Funding 86 97%1%
  • 282%
  • (209,000 / $74,000)
  • 188%
  • (880,000 / $467,000)
7Tcf National Bank 85 37%36%
  • 186%
  • (185,000 / $99,000)
  • 311%
  • (209,000 / $67,000)
8Citibank 82 64%14%
  • 137%
  • (131,000 / $95,000)
  • 132%
  • (212,000 / $160,000)
9Phh Home Loans 77 84%7%
  • 276%
  • (199,000 / $72,000)
  • 400%
  • (272,000 / $68,000)
10Countrywide Bank Fsb 77 70%20%
  • 232%
  • (186,000 / $80,000)
  • 255%
  • (151,000 / $59,000)
11Affinity Plus Federal Credit U 67 71%1%
  • 140%
  • (172,000 / $122,000)
  • 13%
  • (10,000 / $72,000)
12The Business Bank 49 97%2%
  • 242%
  • (68,000 / $28,000)
  • 167%
  • (244,000 / $146,000)
13Us Bank North Dakota 48 37%47%
  • 87%
  • (99,000 / $113,000)
  • 202%
  • (73,000 / $36,000)
14Bremer Bank Na (Twin Cities) 46 67%2%
  • 122%
  • (77,000 / $63,000)
  • 69%
  • (30,000 / $43,000)
15Countrywide Home Loans 44 79%9%
  • 340%
  • (160,000 / $47,000)
  • 606%
  • (200,000 / $33,000)
16Mortgage Guaranty Insurance Co 43 69%2%
  • 320%
  • (202,000 / $63,000)
  • 188%
  • (260,000 / $138,000)
17Us Bk Na Nd 42 33%45%
  • 129%
  • (135,000 / $104,000)
  • 192%
  • (154,000 / $80,000)
18United Guaranty Corporation 41 78%9%
  • 272%
  • (131,000 / $48,000)
  • 212%
  • (193,000 / $91,000)
19Bell America Mortgage Llc Dba 40 80%0%
  • 302%
  • (109,000 / $36,000)
0
20C.U. Mortgage Services, 39 56%0%
  • 216%
  • (130,000 / $60,000)
0

Howard Lake, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,633
  2. Loan Applications Denied: 551
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 2,431
  5. % of Loan Applications Originated 66

Howard Lake, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Debt-to-income ratio9
Credit history9
Credit application incomplete2
Unverifiable information1

Howard Lake, 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 - $100,000790 6118
$100,000 - $300,0002,684 6813
$300,000 - $500,000150 5619
$500,000 - $1,000,0009 3344

Howard Lake, 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 - $100,0002,820 6516
$100,000 - $300,000788 6912
$300,000 - $500,00018 5516
$500,000 - $1,000,0006 660
$1,000,000 - $1,500,0001 1000

Loan to Income Ratios Research for Mortgage in Howard Lake, 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%9558 20
30 - 60%18764 15
60 - 100%23870 13
100 - 200%96467 12
200 - 300%1,06070 13
300 - 400%63667 15
> 400%45355 23

Howard Lake, 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 Dwelling3,462 6615
Not Owner-Occupied As A Principal Dwelling163 6617
Not Applicable1 1000

Home Owner Property Type Statistics in Howard Lake, 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)3,432 6615
One To Four-Family186 803
Manufactured Housing15 2666
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