Top Huntsville, MN Mortgage Lenders

RankHuntsville Mortgage LenderHuntsville Home Loans ProcessedHuntsville Home Loans ApprovedHuntsville Home Loans DeniedHuntsville Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHuntsville Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 312 64%20%
  • 223%
  • (170,000 Loan / $76,000 Income)
  • 182%
  • (272,000 Loan / $149,000 Income)
2Gate City Bank 198 75%7%
  • 175%
  • (123,000 / $70,000)
  • 105%
  • (80,000 / $76,000)
3Bremer Bank Na (Grand Forks) 196 87%2%
  • 163%
  • (165,000 / $101,000)
  • 97%
  • (35,000 / $36,000)
4Frandsen Bank & Trust 179 88%6%
  • 165%
  • (86,000 / $52,000)
  • 250%
  • (75,000 / $30,000)
5Community Bank Of The Rrv 172 90%8%
  • 126%
  • (66,000 / $52,000)
  • 280%
  • (56,000 / $20,000)
6Alerus Financial 171 88%6%
  • 170%
  • (143,000 / $84,000)
  • 44%
  • (22,000 / $49,000)
7American Federal Bank 159 79%13%
  • 168%
  • (79,000 / $47,000)
  • 193%
  • (155,000 / $80,000)
8Mortgage Guaranty Insurance Co 88 90%6%
  • 228%
  • (187,000 / $82,000)
  • 172%
  • (243,000 / $141,000)
9Us Bank 84 73%11%
  • 196%
  • (171,000 / $87,000)
  • 183%
  • (55,000 / $30,000)
10Citimortgage 73 93%1%
  • 98%
  • (89,000 / $90,000)
  • 251%
  • (204,000 / $81,000)
11Jpmorgan Chase Bank 72 83%13%
  • 146%
  • (101,000 / $69,000)
  • 164%
  • (148,000 / $90,000)
12Bank Of America 51 70%17%
  • 266%
  • (72,000 / $27,000)
  • 184%
  • (276,000 / $150,000)
13Us Bank North Dakota 40 45%40%
  • 111%
  • (90,000 / $81,000)
  • 170%
  • (46,000 / $27,000)
14Countrywide Bank Fsb 36 75%16%
  • 292%
  • (155,000 / $53,000)
  • 225%
  • (99,000 / $44,000)
15United Guaranty Corporation 33 75%3%
  • 250%
  • (95,000 / $38,000)
  • 293%
  • (141,000 / $48,000)
16Embrace Home Loans, 26 3%38%
  • 160%
  • (226,000 / $141,000)
  • 366%
  • (260,000 / $71,000)
17Us Bk Na Nd 25 52%32%
  • 130%
  • (56,000 / $43,000)
  • 158%
  • (135,000 / $85,000)
18Genworth Mortgage Insurance Co 25 68%8%
  • 242%
  • (204,000 / $84,000)
  • 289%
  • (301,000 / $104,000)
19Citibank 23 78%17%
  • 28%
  • (35,000 / $121,000)
  • 91%
  • (55,000 / $60,000)
20Countrywide Home Loans 22 90%4%
  • 315%
  • (189,000 / $60,000)
  • 400%
  • (224,000 / $56,000)

Huntsville, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,532
  2. Loan Applications Denied: 358
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 1,875
  5. % of Loan Applications Originated 74

Huntsville, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history10
Debt-to-income ratio8
Collateral7
Credit application incomplete2
Unverifiable information1

Huntsville, 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 - $100,000924 7116
$100,000 - $300,0001,575 7412
$300,000 - $500,00031 5825
$500,000 - $1,000,0002 1000

Huntsville, 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 - $100,0002,072 7214
$100,000 - $300,000450 7711
$300,000 - $500,0006 8316
$500,000 - $1,000,0004 500

Loan to Income Ratios Research for Mortgage in Huntsville, 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%14378 16
30 - 60%15280 12
60 - 100%19874 13
100 - 200%86772 14
200 - 300%72375 10
300 - 400%29972 14
> 400%15055 28

Huntsville, 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 Dwelling2,484 7414
Not Owner-Occupied As A Principal Dwelling44 7713
Not Applicable1 0100

Home Owner Property Type Statistics in Huntsville, 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)2,325 7314
One To Four-Family178 836
Manufactured Housing29 6813
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