Top Jones, MN Mortgage Lenders

RankJones Mortgage LenderJones Home Loans ProcessedJones Home Loans ApprovedJones Home Loans DeniedJones Mortgage Median Loan to Income Ratio (LTR) for Approved LoansJones Mortgage Median LTR for Denied Loans
1Affinity Plus Federal Credit U 353 66%7%
  • 135%
  • (100,000 Loan / $74,000 Income)
  • 231%
  • (155,000 Loan / $67,000 Income)
2Wells Fargo Bank 159 66%16%
  • 249%
  • (177,000 / $71,000)
  • 215%
  • (97,000 / $45,000)
3Bank Forward 47 59%0%
  • 280%
  • (171,000 / $61,000)
0
4Mortgage Guaranty Insurance Co 28 85%7%
  • 220%
  • (181,000 / $82,000)
  • 376%
  • (252,000 / $67,000)
5Countrywide Bank Fsb 24 66%16%
  • 157%
  • (110,000 / $70,000)
  • 245%
  • (140,000 / $57,000)
6Cmg Mortgage Insurance Co. 21 95%0%
  • 232%
  • (179,000 / $77,000)
0
7Countrywide Home Loans 18 83%16%
  • 279%
  • (95,000 / $34,000)
  • 317%
  • (143,000 / $45,000)
8Us Bank 16 68%25%
  • 227%
  • (157,000 / $69,000)
  • 159%
  • (560,000 / $351,000)
9Citimortgage 16 62%18% 0
  • 259%
  • (153,000 / $59,000)
10Jpmorgan Chase Bank 15 66%26%
  • 271%
  • (171,000 / $63,000)
  • 166%
  • (133,000 / $80,000)
11Beneficial Company Llc 15 6%86%
  • 69%
  • (18,000 / $26,000)
  • 231%
  • (125,000 / $54,000)
12Embrace Home Loans, 14 28%28%
  • 275%
  • (66,000 / $24,000)
  • 262%
  • (325,000 / $124,000)
13United Guaranty Corporation 13 69%23%
  • 253%
  • (160,000 / $63,000)
  • 263%
  • (124,000 / $47,000)
14Gmac Mortgage Llc 10 0%60% 0
  • 494%
  • (94,000 / $19,000)
15Wells Fargo Fin'l Minnesota 8 0%62% 0
  • 228%
  • (80,000 / $35,000)
16Radian Guaranty 8 87%0%
  • 202%
  • (136,000 / $67,000)
0
17Hfc Company Llc 8 0%62% 0
  • 181%
  • (120,000 / $66,000)
18Freedom Mortgage Corp. 8 87%12%
  • 210%
  • (160,000 / $76,000)
  • 289%
  • (84,000 / $29,000)
19First Suburban National Bank 7 42%28%
  • 248%
  • (139,000 / $56,000)
  • 257%
  • (180,000 / $70,000)
20Americanmtgnetwork Dba Vertice 7 71%0%
  • 356%
  • (228,000 / $64,000)
0

Jones, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 989
  2. Loan Applications Denied: 147
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 631
  5. % of Loan Applications Originated 63

Jones, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history9
Collateral7
Debt-to-income ratio5
Credit application incomplete3
Mortgage insurance denied0

Jones, 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 - $100,000360 6016
$100,000 - $300,000610 6413
$300,000 - $500,00015 736
$500,000 - $1,000,0004 5050

Jones, 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 - $100,000855 6215
$100,000 - $300,000123 698
$300,000 - $500,0008 6225
$500,000 - $1,000,0003 6633

Loan to Income Ratios Research for Mortgage in Jones, 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%4367 11
30 - 60%7275 13
60 - 100%6666 13
100 - 200%28764 11
200 - 300%28761 16
300 - 400%15967 14
> 400%7540 28

Jones, 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 Dwelling925 6414
Not Owner-Occupied As A Principal Dwelling60 5618
Not Applicable1 1000

Home Owner Property Type Statistics in Jones, 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)810 6214
Manufactured Housing95 5825
One To Four-Family84 857
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