Top Lake Eunice, MN Mortgage Lenders

RankLake Eunice Mortgage LenderLake Eunice Home Loans ProcessedLake Eunice Home Loans ApprovedLake Eunice Home Loans DeniedLake Eunice Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLake Eunice Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 525 66%14%
  • 187%
  • (118,000 Loan / $63,000 Income)
  • 177%
  • (193,000 Loan / $109,000 Income)
2State Bank & Trust 446 78%9%
  • 112%
  • (125,000 / $111,000)
  • 244%
  • (303,000 / $124,000)
3Bremer Bank Na (Fargo) 322 76%8%
  • 141%
  • (230,000 / $163,000)
  • 64%
  • (40,000 / $62,000)
4Citimortgage 183 90%5%
  • 308%
  • (417,000 / $135,000)
  • 288%
  • (208,000 / $72,000)
5Us Bank 150 80%12%
  • 229%
  • (393,000 / $171,000)
  • 254%
  • (417,000 / $164,000)
6Jpmorgan Chase Bank 142 79%15%
  • 266%
  • (256,000 / $96,000)
  • 276%
  • (105,000 / $38,000)
7Gate City Bank 122 79%5%
  • 171%
  • (324,000 / $189,000)
  • 490%
  • (162,000 / $33,000)
8Midwest Bank 112 93%4%
  • 148%
  • (407,000 / $275,000)
  • 158%
  • (190,000 / $120,000)
9Countrywide Bank Fsb 57 75%15%
  • 207%
  • (170,000 / $82,000)
  • 314%
  • (157,000 / $50,000)
10Cornerstone Bank 55 83%1%
  • 171%
  • (115,000 / $67,000)
  • 284%
  • (239,000 / $84,000)
11Alerus Financial 49 81%2%
  • 120%
  • (308,000 / $255,000)
  • 58%
  • (31,000 / $53,000)
12Bank Of America 48 60%25%
  • 218%
  • (280,000 / $128,000)
  • 237%
  • (121,000 / $51,000)
13First International Bank & Tru 47 76%6%
  • 175%
  • (160,000 / $91,000)
  • 217%
  • (187,000 / $86,000)
14Mortgage Guaranty Insurance Co 43 72%2%
  • 247%
  • (332,000 / $134,000)
  • 282%
  • (223,000 / $79,000)
15Countrywide Home Loans 39 79%12%
  • 329%
  • (254,000 / $77,000)
  • 158%
  • (407,000 / $256,000)
16Affinity Plus Federal Credit U 39 82%2%
  • 154%
  • (196,000 / $127,000)
  • 61%
  • (32,000 / $52,000)
17Citibank 37 70%18%
  • 100%
  • (102,000 / $101,000)
  • 106%
  • (110,000 / $103,000)
18Us Bank North Dakota 33 24%39%
  • 117%
  • (105,000 / $89,000)
  • 261%
  • (149,000 / $57,000)
19Northwestern Bank 32 90%3%
  • 101%
  • (81,000 / $80,000)
  • 214%
  • (30,000 / $14,000)
20Town And Country Credit Union 29 96%3%
  • 185%
  • (212,000 / $114,000)
  • 39%
  • (64,000 / $163,000)

Lake Eunice, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,464
  2. Loan Applications Denied: 485
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 2,472
  5. % of Loan Applications Originated 71

Lake Eunice, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio13
Credit history11
Credit application incomplete5
Unverifiable information1

Lake Eunice, 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 - $100,000968 6817
$100,000 - $300,0002,018 7112
$300,000 - $500,000445 7211
$500,000 - $1,000,00030 5916
$1,000,000 - $1,500,0003 3333

Lake Eunice, 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 - $100,0002,242 6617
$100,000 - $300,0001,049 778
$300,000 - $500,000116 832
$500,000 - $1,000,00046 816
$1,000,000 - $1,500,0003 1000
$1,500,000 - $2,000,0001 1000
> $2,000,0007 7114

Loan to Income Ratios Research for Mortgage in Lake Eunice, 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%18576 12
30 - 60%24676 13
60 - 100%39273 9
100 - 200%1,02175 11
200 - 300%82868 13
300 - 400%47669 16
> 400%31654 25

Lake Eunice, 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 Dwelling2,631 6815
Not Owner-Occupied As A Principal Dwelling806 817
Not Applicable6 6616

Home Owner Property Type Statistics in Lake Eunice, 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)3,222 7113
One To Four-Family122 761
Manufactured Housing120 5230
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