Top Lac Qui Parle, MN Mortgage Lenders

RankLac Qui Parle Mortgage LenderLac Qui Parle Home Loans ProcessedLac Qui Parle Home Loans ApprovedLac Qui Parle Home Loans DeniedLac Qui Parle Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLac Qui Parle Mortgage Median LTR for Denied Loans
1Kleinbank 48 75%18%
  • 138%
  • (156,000 Loan / $113,000 Income)
  • 238%
  • (74,000 Loan / $31,000 Income)
2Wells Fargo Bank 42 76%11%
  • 193%
  • (62,000 / $32,000)
  • 134%
  • (94,000 / $70,000)
3Hfc Company Llc 15 20%73%
  • 129%
  • (133,000 / $103,000)
  • 151%
  • (85,000 / $56,000)
4Jpmorgan Chase Bank 14 78%7%
  • 252%
  • (86,000 / $34,000)
  • 56%
  • (60,000 / $107,000)
5Beneficial Company Llc 12 0%100% 0
  • 158%
  • (135,000 / $85,000)
6Bank Of America 12 66%33%
  • 113%
  • (34,000 / $30,000)
  • 112%
  • (84,000 / $75,000)
7Us Bank 10 60%40%
  • 147%
  • (50,000 / $34,000)
  • 148%
  • (98,000 / $66,000)
8Minnwest Mortgage Corporation 10 50%10%
  • 177%
  • (96,000 / $54,000)
  • 115%
  • (46,000 / $40,000)
9Wells Fargo Funding 9 100%0% 0 0
10Washington Mutual Bank 8 62%37%
  • 236%
  • (52,000 / $22,000)
  • 124%
  • (31,000 / $25,000)
11National Bank Of Coxsackie 7 100%0%
  • 57%
  • (80,000 / $138,000)
0
12Embrace Home Loans, 7 28%14%
  • 372%
  • (108,000 / $29,000)
  • 360%
  • (101,000 / $28,000)
13C.U. Mortgage Services, 7 100%0%
  • 227%
  • (155,000 / $68,000)
0
14Nationstar Mortgage Llc 6 16%33%
  • 160%
  • (77,000 / $48,000)
  • 181%
  • (118,000 / $65,000)
15Gmac Mortgage Llc 6 0%33% 0
  • 235%
  • (66,000 / $28,000)
16Countrywide Bank Fsb 6 83%16%
  • 281%
  • (152,000 / $54,000)
  • 227%
  • (50,000 / $22,000)
17Citimortgage 6 66%16%
  • 202%
  • (73,000 / $36,000)
  • 179%
  • (86,000 / $48,000)
18Citifinancial Services Inc 6 16%50%
  • 152%
  • (93,000 / $61,000)
  • 132%
  • (98,000 / $74,000)
19Wells Fargo Fin'l Minnesota 5 40%0%
  • 163%
  • (98,000 / $60,000)
0
20Usaa Federal Savings Bank 5 60%20%
  • 145%
  • (70,000 / $48,000)
  • 39%
  • (18,000 / $46,000)

Lac Qui Parle, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 330
  2. Loan Applications Denied: 84
  3. % of Loan Applications Denied: 25
  4. # of Loan Originations: 196
  5. % of Loan Applications Originated 59

Lac Qui Parle, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral42
Credit history14
Debt-to-income ratio10
Credit application incomplete10
Unverifiable information4

Lac Qui Parle, 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 - $100,000209 5328
$100,000 - $300,000119 6820
$300,000 - $500,0002 5050

Lac Qui Parle, 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 - $100,000282 5526
$100,000 - $300,00046 7319
$300,000 - $500,0002 1000

Loan to Income Ratios Research for Mortgage in Lac Qui Parle, 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%1266 8
30 - 60%2860 14
60 - 100%3849 28
100 - 200%13053 33
200 - 300%7971 16
300 - 400%2863 17
> 400%1546 40

Lac Qui Parle, 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 Dwelling317 5826
Not Owner-Occupied As A Principal Dwelling13 767

Home Owner Property Type Statistics in Lac Qui Parle, 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)328 5925
Manufactured Housing2 500
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