Top Kenneth, MN Mortgage Lenders

RankKenneth Mortgage LenderKenneth Home Loans ProcessedKenneth Home Loans ApprovedKenneth Home Loans DeniedKenneth Mortgage Median Loan to Income Ratio (LTR) for Approved LoansKenneth Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,504 61%17%
  • 206%
  • (99,000 Loan / $48,000 Income)
  • 200%
  • (70,000 Loan / $35,000 Income)
2Affinity Plus Federal Credit U 413 63%7%
  • 116%
  • (77,000 / $66,000)
  • 191%
  • (138,000 / $72,000)
3Countrywide Bank Fsb 335 72%17%
  • 202%
  • (95,000 / $47,000)
  • 284%
  • (188,000 / $66,000)
4Citimortgage 311 75%11%
  • 255%
  • (184,000 / $72,000)
  • 341%
  • (116,000 / $34,000)
5Jpmorgan Chase Bank 262 76%17%
  • 245%
  • (86,000 / $35,000)
  • 212%
  • (520,000 / $245,000)
6Us Bank 231 77%10%
  • 218%
  • (96,000 / $44,000)
  • 234%
  • (136,000 / $58,000)
7Mortgage Guaranty Insurance Co 213 69%6%
  • 244%
  • (176,000 / $72,000)
  • 247%
  • (161,000 / $65,000)
8Countrywide Home Loans 194 81%13%
  • 281%
  • (180,000 / $64,000)
  • 234%
  • (108,000 / $46,000)
9Beneficial Company Llc 181 6%74%
  • 88%
  • (130,000 / $147,000)
  • 208%
  • (142,000 / $68,000)
10Genworth Mortgage Insurance Co 169 63%1%
  • 258%
  • (191,000 / $74,000)
  • 288%
  • (144,000 / $50,000)
11Bank Of America 167 72%18%
  • 184%
  • (70,000 / $38,000)
  • 227%
  • (237,000 / $104,000)
12Wells Fargo Fin'l Minnesota 143 13%61%
  • 233%
  • (268,000 / $115,000)
  • 186%
  • (142,000 / $76,000)
13United Guaranty Corporation 127 75%3%
  • 265%
  • (93,000 / $35,000)
  • 189%
  • (104,000 / $55,000)
14Citifinancial Services Inc 124 31%41%
  • 211%
  • (36,000 / $17,000)
  • 148%
  • (49,000 / $33,000)
15Us Bank North Dakota 113 26%42%
  • 129%
  • (127,000 / $98,000)
  • 82%
  • (102,000 / $123,000)
16Citibank 110 80%13%
  • 71%
  • (30,000 / $42,000)
  • 83%
  • (26,000 / $31,000)
17Wells Fargo Funding 104 99%0%
  • 154%
  • (336,000 / $217,000)
0
18Phh Mortgage Corporation 99 89%4%
  • 240%
  • (132,000 / $55,000)
  • 233%
  • (28,000 / $12,000)
19Embrace Home Loans, 90 5%46%
  • 173%
  • (97,000 / $56,000)
  • 296%
  • (190,000 / $64,000)
20Flagstar Bank 88 69%21%
  • 272%
  • (117,000 / $43,000)
  • 293%
  • (91,000 / $31,000)

Kenneth, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 8,964
  2. Loan Applications Denied: 1,712
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 5,545
  5. % of Loan Applications Originated 61

Kenneth, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history9
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Kenneth, 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 - $100,0003,218 6021
$100,000 - $300,0005,116 6217
$300,000 - $500,000579 5621
$500,000 - $1,000,00048 4137
$1,000,000 - $1,500,0002 1000
$1,500,000 - $2,000,0001 1000

Kenneth, 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 - $100,0007,294 6019
$100,000 - $300,0001,531 6516
$300,000 - $500,00090 6022
$500,000 - $1,000,00042 6116
$1,000,000 - $1,500,0003 6633
$1,500,000 - $2,000,0001 1000
> $2,000,0003 6633

Loan to Income Ratios Research for Mortgage in Kenneth, 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%39864 20
30 - 60%60761 23
60 - 100%77462 18
100 - 200%2,35263 16
200 - 300%2,37262 17
300 - 400%1,42161 18
> 400%1,04050 26

Kenneth, 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 Dwelling8,100 6019
Not Owner-Occupied As A Principal Dwelling799 7314
Not Applicable18 5527

Home Owner Property Type Statistics in Kenneth, 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)7,904 6120
One To Four-Family787 722
Manufactured Housing273 4635
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