Top Hoyt Lakes, MN Mortgage Lenders

RankHoyt Lakes Mortgage LenderHoyt Lakes Home Loans ProcessedHoyt Lakes Home Loans ApprovedHoyt Lakes Home Loans DeniedHoyt Lakes Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHoyt Lakes Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 162 56%21%
  • 98%
  • (88,000 Loan / $89,000 Income)
  • 113%
  • (50,000 Loan / $44,000 Income)
2Jpmorgan Chase Bank 21 76%9%
  • 206%
  • (66,000 / $32,000)
  • 160%
  • (64,000 / $40,000)
3American Bank Of The North 20 90%10%
  • 125%
  • (84,000 / $67,000)
  • 196%
  • (151,000 / $77,000)
4Countrywide Bank Fsb 18 83%16%
  • 125%
  • (70,000 / $56,000)
  • 375%
  • (75,000 / $20,000)
5Us Bank North Dakota 16 50%50%
  • 100%
  • (60,000 / $60,000)
  • 240%
  • (190,000 / $79,000)
6Us Bank 15 66%13%
  • 142%
  • (108,000 / $76,000)
  • 360%
  • (83,000 / $23,000)
7Citifinancial Services Inc 15 20%60%
  • 143%
  • (53,000 / $37,000)
  • 162%
  • (65,000 / $40,000)
8Countrywide Home Loans 13 84%7%
  • 350%
  • (63,000 / $18,000)
  • 464%
  • (65,000 / $14,000)
9Bank Of America 13 69%15%
  • 251%
  • (73,000 / $29,000)
  • 241%
  • (99,000 / $41,000)
10Mortgage Guaranty Insurance Co 11 54%18%
  • 194%
  • (101,000 / $52,000)
  • 127%
  • (195,000 / $153,000)
11Freedom Mortgage Corp. 11 81%18%
  • 157%
  • (71,000 / $45,000)
  • 293%
  • (85,000 / $29,000)
12Citimortgage 11 90%0%
  • 323%
  • (152,000 / $47,000)
0
13National City Bank 9 88%0%
  • 216%
  • (104,000 / $48,000)
0
14Embrace Home Loans, 9 22%55%
  • 350%
  • (63,000 / $18,000)
  • 266%
  • (56,000 / $21,000)
15Beneficial Company Llc 9 11%44%
  • 33%
  • (20,000 / $60,000)
  • 154%
  • (110,000 / $71,000)
16Wells Fargo Fin'l Minnesota 8 62%0%
  • 200%
  • (76,000 / $38,000)
0
17United Guaranty Corporation 8 87%0%
  • 159%
  • (75,000 / $47,000)
0
18Us Bk Na Nd 7 14%71%
  • 80%
  • (68,000 / $85,000)
  • 141%
  • (85,000 / $60,000)
19Quicken Loans 7 71%28%
  • 233%
  • (56,000 / $24,000)
  • 279%
  • (67,000 / $24,000)
20Citibank 7 28%14%
  • 181%
  • (40,000 / $22,000)
  • 154%
  • (74,000 / $48,000)

Hoyt Lakes, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 560
  2. Loan Applications Denied: 117
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 344
  5. % of Loan Applications Originated 61

Hoyt Lakes, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history14
Collateral11
Debt-to-income ratio8
Credit application incomplete2
Unverifiable information1

Hoyt Lakes, 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 - $100,000443 5920
$100,000 - $300,000116 6619
$300,000 - $500,0001 0100

Hoyt Lakes, 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 - $100,000508 6121
$100,000 - $300,00050 6218
$300,000 - $500,0002 5050

Loan to Income Ratios Research for Mortgage in Hoyt Lakes, 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%3256 28
30 - 60%4669 17
60 - 100%7861 11
100 - 200%25064 20
200 - 300%10555 25
300 - 400%2641 34
> 400%2355 21

Hoyt Lakes, 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 Dwelling505 6020
Not Owner-Occupied As A Principal Dwelling51 6819

Home Owner Property Type Statistics in Hoyt Lakes, 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)518 6021
One To Four-Family40 825
Manufactured Housing2 0100
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