Top Janette Lake, MN Mortgage Lenders

RankJanette Lake Mortgage LenderJanette Lake Home Loans ProcessedJanette Lake Home Loans ApprovedJanette Lake Home Loans DeniedJanette Lake Mortgage Median Loan to Income Ratio (LTR) for Approved LoansJanette Lake Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 116 53%22%
  • 188%
  • (119,000 Loan / $63,000 Income)
  • 200%
  • (100,000 Loan / $50,000 Income)
2Northview Bank 50 62%18%
  • 192%
  • (73,000 / $38,000)
  • 198%
  • (171,000 / $86,000)
3Us Bank North Dakota 32 34%40%
  • 113%
  • (120,000 / $106,000)
  • 168%
  • (168,000 / $100,000)
4American Bank Of The North 30 76%20%
  • 125%
  • (30,000 / $24,000)
  • 206%
  • (157,000 / $76,000)
5Jpmorgan Chase Bank 25 56%36%
  • 223%
  • (250,000 / $112,000)
  • 229%
  • (142,000 / $62,000)
6Bank Of America 25 56%24%
  • 333%
  • (210,000 / $63,000)
  • 221%
  • (91,000 / $41,000)
7Us Bk Na Nd 22 59%18%
  • 125%
  • (119,000 / $95,000)
  • 133%
  • (60,000 / $45,000)
8Affinity Plus Federal Credit U 22 77%9%
  • 125%
  • (180,000 / $144,000)
  • 213%
  • (162,000 / $76,000)
9Agstar Financial Services 21 38%23%
  • 222%
  • (147,000 / $66,000)
  • 122%
  • (76,000 / $62,000)
10Freedom Mortgage Corp. 19 63%21%
  • 219%
  • (160,000 / $73,000)
  • 314%
  • (85,000 / $27,000)
11Phh Mortgage Corporation 17 76%0%
  • 253%
  • (152,000 / $60,000)
0
12Us Bank 14 85%14%
  • 244%
  • (115,000 / $47,000)
  • 462%
  • (185,000 / $40,000)
13Countrywide Bank Fsb 13 84%15%
  • 300%
  • (90,000 / $30,000)
  • 182%
  • (84,000 / $46,000)
14Wells Fargo Fin'l Minnesota 12 0%50% 0
  • 230%
  • (120,000 / $52,000)
15Prime Lending 12 91%0%
  • 252%
  • (121,000 / $48,000)
0
16Embrace Home Loans, 12 8%41%
  • 238%
  • (119,000 / $50,000)
  • 226%
  • (181,000 / $80,000)
17Citifinancial Services Inc 12 33%33%
  • 279%
  • (109,000 / $39,000)
  • 270%
  • (81,000 / $30,000)
18Citimortgage 11 90%9%
  • 184%
  • (142,000 / $77,000)
  • 166%
  • (108,000 / $65,000)
19Queen City Federal Savings Ban 9 88%11%
  • 85%
  • (60,000 / $70,000)
  • 34%
  • (19,000 / $55,000)
20National City Bank 9 33%11%
  • 39%
  • (31,000 / $78,000)
  • 134%
  • (51,000 / $38,000)

Janette Lake, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 742
  2. Loan Applications Denied: 167
  3. % of Loan Applications Denied: 22
  4. # of Loan Originations: 433
  5. % of Loan Applications Originated 58

Janette Lake, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral20
Credit history15
Debt-to-income ratio13
Unverifiable information4
Credit application incomplete4

Janette 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 - $100,000322 5522
$100,000 - $300,000414 5822
$300,000 - $500,0006 8316

Janette 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 - $100,000641 5622
$100,000 - $300,00097 6420
$300,000 - $500,0003 660
$500,000 - $1,000,0001 1000

Loan to Income Ratios Research for Mortgage in Janette 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%4157 19
30 - 60%4965 12
60 - 100%5652 16
100 - 200%24057 24
200 - 300%20657 22
300 - 400%9063 17
> 400%6049 36

Janette 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 Dwelling694 5722
Not Owner-Occupied As A Principal Dwelling44 6818
Not Applicable1 0100

Home Owner Property Type Statistics in Janette 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)675 5921
Manufactured Housing42 4045
One To Four-Family25 688
More Janette Lake, MN Mortgage Research: