Top Lake Crystal, MN Mortgage Lenders

RankLake Crystal Mortgage LenderLake Crystal Home Loans ProcessedLake Crystal Home Loans ApprovedLake Crystal Home Loans DeniedLake Crystal Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLake Crystal Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 325 67%15%
  • 217%
  • (174,000 Loan / $80,000 Income)
  • 189%
  • (110,000 Loan / $58,000 Income)
2Eastwood Bank 97 84%5%
  • 189%
  • (140,000 / $74,000)
  • 256%
  • (185,000 / $72,000)
3Countrywide Bank Fsb 49 69%12%
  • 235%
  • (219,000 / $93,000)
  • 248%
  • (266,000 / $107,000)
4Genworth Mortgage Insurance Co 48 72%0%
  • 282%
  • (110,000 / $39,000)
0
5Beneficial Company Llc 47 8%74%
  • 241%
  • (186,000 / $77,000)
  • 251%
  • (161,000 / $64,000)
6Affinity Plus Federal Credit U 43 58%6%
  • 118%
  • (150,000 / $127,000)
  • 230%
  • (138,000 / $60,000)
7United Guaranty Corporation 39 79%5%
  • 260%
  • (86,000 / $33,000)
  • 373%
  • (265,000 / $71,000)
8Mortgage Guaranty Insurance Co 37 83%2%
  • 242%
  • (68,000 / $28,000)
  • 316%
  • (98,000 / $31,000)
9Wells Federal Bank 34 79%8%
  • 176%
  • (145,000 / $82,000)
  • 189%
  • (106,000 / $56,000)
10Think Mutual Bank 33 66%9%
  • 148%
  • (110,000 / $74,000)
  • 58%
  • (32,000 / $55,000)
11Citimortgage 31 83%0%
  • 390%
  • (125,000 / $32,000)
0
12Mayo Employees Federal Cu 28 92%0%
  • 35%
  • (35,000 / $98,000)
0
13Countrywide Home Loans 28 67%25%
  • 207%
  • (147,000 / $71,000)
  • 250%
  • (160,000 / $64,000)
14Citifinancial Services Inc 28 21%50%
  • 314%
  • (85,000 / $27,000)
  • 159%
  • (43,000 / $27,000)
15Wells Fargo Fin'l Minnesota 25 28%56%
  • 175%
  • (70,000 / $40,000)
  • 323%
  • (165,000 / $51,000)
16Embrace Home Loans, 25 4%64%
  • 229%
  • (71,000 / $31,000)
  • 241%
  • (140,000 / $58,000)
17Minnstar Bank N.A. 24 83%12%
  • 53%
  • (17,000 / $32,000)
  • 220%
  • (110,000 / $50,000)
18Us Bank 23 86%8%
  • 236%
  • (246,000 / $104,000)
  • 215%
  • (112,000 / $52,000)
19Agstar Financial Services 23 56%0%
  • 190%
  • (105,000 / $55,000)
0
20Bank Of America 22 77%13%
  • 257%
  • (98,000 / $38,000)
  • 377%
  • (117,000 / $31,000)

Lake Crystal, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,575
  2. Loan Applications Denied: 288
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 1,003
  5. % of Loan Applications Originated 63

Lake Crystal, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral8
Credit history7
Debt-to-income ratio6
Unverifiable information1
Mortgage insurance denied0

Lake Crystal, 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 - $100,000595 6318
$100,000 - $300,000932 6317
$300,000 - $500,00047 5327
$500,000 - $1,000,0001 1000

Lake Crystal, 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 - $100,0001,369 6219
$100,000 - $300,000193 6811
$300,000 - $500,0007 570
$500,000 - $1,000,0006 330

Loan to Income Ratios Research for Mortgage in Lake Crystal, 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%10062 21
30 - 60%9955 19
60 - 100%10870 13
100 - 200%39964 18
200 - 300%49464 14
300 - 400%25862 21
> 400%11752 28

Lake Crystal, 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 Dwelling1,514 6318
Not Owner-Occupied As A Principal Dwelling57 7017

Home Owner Property Type Statistics in Lake Crystal, 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)1,378 6219
One To Four-Family168 792
Manufactured Housing29 4451
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