Top Lake Prairie, MN Mortgage Lenders

RankLake Prairie Mortgage LenderLake Prairie Home Loans ProcessedLake Prairie Home Loans ApprovedLake Prairie Home Loans DeniedLake Prairie Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLake Prairie Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 287 67%11%
  • 229%
  • (179,000 Loan / $78,000 Income)
  • 274%
  • (159,000 Loan / $58,000 Income)
2Affinity Plus Federal Credit U 62 70%8%
  • 108%
  • (52,000 / $48,000)
  • 142%
  • (60,000 / $42,000)
3Phh Mortgage Corporation 39 97%0%
  • 200%
  • (142,000 / $71,000)
0
4Nicollet County Bank Of St. Pe 38 81%7%
  • 180%
  • (76,000 / $42,000)
  • 309%
  • (229,000 / $74,000)
5Agstar Financial Services 38 55%13%
  • 204%
  • (200,000 / $98,000)
  • 266%
  • (128,000 / $48,000)
6Wells Federal Bank 34 61%14%
  • 176%
  • (132,000 / $75,000)
  • 301%
  • (178,000 / $59,000)
7Mortgage Guaranty Insurance Co 30 70%13%
  • 271%
  • (350,000 / $129,000)
  • 350%
  • (133,000 / $38,000)
8Genworth Mortgage Insurance Co 29 37%3%
  • 296%
  • (225,000 / $76,000)
  • 443%
  • (293,000 / $66,000)
9Us Bank 28 75%3%
  • 222%
  • (89,000 / $40,000)
  • 229%
  • (110,000 / $48,000)
10Citimortgage 24 87%0%
  • 229%
  • (195,000 / $85,000)
0
11Countrywide Bank Fsb 22 77%9%
  • 231%
  • (160,000 / $69,000)
  • 144%
  • (129,000 / $89,000)
12Community Bank Mankato 21 100%0%
  • 209%
  • (209,000 / $100,000)
0
13Hometown Bank 17 82%11%
  • 288%
  • (182,000 / $63,000)
  • 170%
  • (80,000 / $47,000)
14Jpmorgan Chase Bank 16 75%25%
  • 306%
  • (141,000 / $46,000)
  • 295%
  • (133,000 / $45,000)
15Wells Fargo Fin'l Minnesota 15 20%46%
  • 326%
  • (150,000 / $46,000)
  • 297%
  • (235,000 / $79,000)
16Tcf National Bank 15 53%33%
  • 283%
  • (68,000 / $24,000)
  • 271%
  • (103,000 / $38,000)
17Countrywide Home Loans 15 80%13%
  • 229%
  • (140,000 / $61,000)
  • 224%
  • (112,000 / $50,000)
18Citibank 14 57%21%
  • 35%
  • (28,000 / $78,000)
  • 51%
  • (40,000 / $78,000)
19Us Bank North Dakota 13 38%30%
  • 226%
  • (136,000 / $60,000)
  • 104%
  • (51,000 / $49,000)
20Embrace Home Loans, 13 7%38%
  • 252%
  • (172,000 / $68,000)
  • 300%
  • (195,000 / $65,000)

Lake Prairie, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,186
  2. Loan Applications Denied: 178
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 787
  5. % of Loan Applications Originated 66

Lake Prairie, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history8
Debt-to-income ratio7
Unverifiable information2
Credit application incomplete1

Lake Prairie, 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 - $100,000265 6219
$100,000 - $300,000861 6613
$300,000 - $500,00057 6912
$500,000 - $1,000,0003 6633

Lake Prairie, 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 - $100,000954 6316
$100,000 - $300,000220 778
$300,000 - $500,0007 1000
$500,000 - $1,000,0003 660
$1,000,000 - $1,500,0001 00
> $2,000,0001 0100

Loan to Income Ratios Research for Mortgage in Lake Prairie, 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%4162 19
30 - 60%6663 25
60 - 100%7864 14
100 - 200%30071 10
200 - 300%36268 12
300 - 400%21262 18
> 400%12755 21

Lake Prairie, 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 Dwelling1,156 6615
Not Owner-Occupied As A Principal Dwelling26 697
Not Applicable1 0100

Home Owner Property Type Statistics in Lake Prairie, 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)1,067 6715
One To Four-Family99 685
Manufactured Housing20 2040
More Lake Prairie, MN Mortgage Research: