Top Johnson, MN Mortgage Lenders

RankJohnson Mortgage LenderJohnson Home Loans ProcessedJohnson Home Loans ApprovedJohnson Home Loans DeniedJohnson Mortgage Median Loan to Income Ratio (LTR) for Approved LoansJohnson Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 101 56%26%
  • 171%
  • (149,000 Loan / $87,000 Income)
  • 202%
  • (85,000 Loan / $42,000 Income)
2Ultima Bank Minnesota 88 70%22%
  • 96%
  • (30,000 / $31,000)
  • 150%
  • (33,000 / $22,000)
3American Federal Bank 84 85%3%
  • 137%
  • (40,000 / $29,000)
  • 110%
  • (33,000 / $30,000)
4First National Bank 70 72%21%
  • 65%
  • (31,000 / $47,000)
  • 134%
  • (35,000 / $26,000)
5Affinity Plus Federal Credit U 70 64%7%
  • 136%
  • (93,000 / $68,000)
  • 350%
  • (70,000 / $20,000)
6Citimortgage 39 82%12%
  • 246%
  • (96,000 / $39,000)
  • 150%
  • (134,000 / $89,000)
7Jpmorgan Chase Bank 34 79%11%
  • 128%
  • (64,000 / $50,000)
  • 95%
  • (70,000 / $73,000)
8Us Bank 26 73%23%
  • 162%
  • (73,000 / $45,000)
  • 230%
  • (122,000 / $53,000)
9Citifinancial Services Inc 21 28%61%
  • 196%
  • (57,000 / $29,000)
  • 182%
  • (42,000 / $23,000)
10Bank Of America 21 71%14%
  • 156%
  • (75,000 / $48,000)
  • 196%
  • (55,000 / $28,000)
11Embrace Home Loans, 18 5%66%
  • 285%
  • (97,000 / $34,000)
  • 218%
  • (48,000 / $22,000)
12Mortgage Guaranty Insurance Co 17 64%0%
  • 170%
  • (97,000 / $57,000)
0
13Countrywide Bank Fsb 17 76%5%
  • 234%
  • (103,000 / $44,000)
  • 136%
  • (86,000 / $63,000)
14Us Bank North Dakota 14 21%64%
  • 90%
  • (60,000 / $66,000)
  • 112%
  • (18,000 / $16,000)
15Bremer Bank Na (Grand Forks) 14 78%7%
  • 100%
  • (122,000 / $122,000)
  • 473%
  • (194,000 / $41,000)
16Quicken Loans 13 53%30%
  • 255%
  • (87,000 / $34,000)
  • 219%
  • (92,000 / $42,000)
17Citibank 13 69%7%
  • 169%
  • (105,000 / $62,000)
  • 100%
  • (60,000 / $60,000)
18Wealthbridge Mortgage Corp. 11 63%9%
  • 198%
  • (216,000 / $109,000)
  • 350%
  • (196,000 / $56,000)
19Wells Fargo Fin'l Minnesota 9 11%55%
  • 99%
  • (101,000 / $102,000)
  • 143%
  • (82,000 / $57,000)
20Beneficial Company Llc 9 0%100% 0
  • 181%
  • (120,000 / $66,000)

Johnson, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 914
  2. Loan Applications Denied: 195
  3. % of Loan Applications Denied: 21
  4. # of Loan Originations: 562
  5. % of Loan Applications Originated 61

Johnson, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history12
Debt-to-income ratio11
Credit application incomplete3
Unverifiable information2

Johnson, 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 - $100,000533 6322
$100,000 - $300,000375 5820
$300,000 - $500,0006 5033

Johnson, 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 - $100,000782 5822
$100,000 - $300,000131 7413
$300,000 - $500,0001 1000

Loan to Income Ratios Research for Mortgage in Johnson, 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%4875 18
30 - 60%7967 25
60 - 100%14263 21
100 - 200%33765 16
200 - 300%20347 22
300 - 400%5356 24
> 400%5251 38

Johnson, 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 Dwelling804 5922
Not Owner-Occupied As A Principal Dwelling105 7611
Not Applicable1 1000

Home Owner Property Type Statistics in Johnson, 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)818 6122
Manufactured Housing61 5722
One To Four-Family35 710
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