Top Kragnes, MN Mortgage Lenders

RankKragnes Mortgage LenderKragnes Home Loans ProcessedKragnes Home Loans ApprovedKragnes Home Loans DeniedKragnes Mortgage Median Loan to Income Ratio (LTR) for Approved LoansKragnes Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 103 61%22%
  • 180%
  • (119,000 Loan / $66,000 Income)
  • 163%
  • (77,000 Loan / $47,000 Income)
2State Bank & Trust 84 83%10%
  • 107%
  • (147,000 / $137,000)
  • 197%
  • (95,000 / $48,000)
3Gate City Bank 56 85%3%
  • 163%
  • (75,000 / $46,000)
  • 190%
  • (141,000 / $74,000)
4Bremer Bank Na (Fargo) 39 74%5%
  • 70%
  • (74,000 / $105,000)
  • 416%
  • (350,000 / $84,000)
5Northwestern Bank 22 77%13%
  • 113%
  • (86,000 / $76,000)
  • 147%
  • (75,000 / $51,000)
6Town And Country Credit Union 21 95%4%
  • 185%
  • (163,000 / $88,000)
  • 242%
  • (276,000 / $114,000)
7Us Bank 17 82%17%
  • 200%
  • (120,000 / $60,000)
  • 564%
  • (220,000 / $39,000)
8Affinity Plus Federal Credit U 16 87%0%
  • 102%
  • (71,000 / $69,000)
0
9Citimortgage 15 80%6%
  • 377%
  • (412,000 / $109,000)
  • 106%
  • (186,000 / $174,000)
10Wells Fargo Funding 14 100%0% 0 0
11Jpmorgan Chase Bank 14 85%0%
  • 190%
  • (152,000 / $80,000)
0
12United Guaranty Corporation 12 75%8%
  • 202%
  • (172,000 / $85,000)
  • 340%
  • (153,000 / $45,000)
13First International Bank & Tru 12 91%8%
  • 300%
  • (126,000 / $42,000)
  • 483%
  • (145,000 / $30,000)
14Alerus Financial 11 81%18%
  • 188%
  • (164,000 / $87,000)
  • 23%
  • (25,000 / $108,000)
15Us Bank North Dakota 9 44%33%
  • 68%
  • (62,000 / $91,000)
  • 75%
  • (75,000 / $100,000)
16Mortgage Guaranty Insurance Co 9 66%0%
  • 203%
  • (175,000 / $86,000)
0
17First National Bank 9 66%33%
  • 131%
  • (142,000 / $108,000)
  • 174%
  • (129,000 / $74,000)
18Radian Guaranty 8 75%0%
  • 218%
  • (278,000 / $127,000)
0
19First Mortgage Service Inc 7 85%14%
  • 198%
  • (208,000 / $105,000)
  • 229%
  • (170,000 / $74,000)
20Cornerstone Bank 7 85%0%
  • 262%
  • (181,000 / $69,000)
0

Kragnes, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 664
  2. Loan Applications Denied: 95
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 473
  5. % of Loan Applications Originated 71

Kragnes, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history14
Collateral11
Debt-to-income ratio8
Credit application incomplete2
Insufficient cash (downpayment, closing costs)1

Kragnes, 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 - $100,000261 6915
$100,000 - $300,000383 7113
$300,000 - $500,00019 7810
$500,000 - $1,000,0001 0100

Kragnes, 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 - $100,000521 6815
$100,000 - $300,000133 816
$300,000 - $500,0006 5050
$500,000 - $1,000,0002 5050
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Kragnes, 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%6377 15
30 - 60%5869 15
60 - 100%7580 6
100 - 200%19170 14
200 - 300%15567 14
300 - 400%8767 11
> 400%3562 31

Kragnes, 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 Dwelling651 7113
Not Owner-Occupied As A Principal Dwelling12 4141
Not Applicable1 1000

Home Owner Property Type Statistics in Kragnes, 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)598 7214
One To Four-Family37 722
Manufactured Housing29 4427
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