Top Lambert, MN Mortgage Lenders

RankLambert Mortgage LenderLambert Home Loans ProcessedLambert Home Loans ApprovedLambert Home Loans DeniedLambert Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLambert Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 65 46%35%
  • 128%
  • (128,000 Loan / $100,000 Income)
  • 108%
  • (39,000 Loan / $36,000 Income)
2Unity Bank North 33 90%6%
  • 84%
  • (21,000 / $25,000)
  • 197%
  • (140,000 / $71,000)
3Bremer Bank Na (Grand Forks) 14 85%0%
  • 212%
  • (115,000 / $54,000)
0
4Jpmorgan Chase Bank 13 61%23%
  • 225%
  • (115,000 / $51,000)
  • 243%
  • (78,000 / $32,000)
5Embrace Home Loans, 10 0%0% 0 0
6Ultima Bank Minnesota 9 77%22%
  • 67%
  • (55,000 / $82,000)
  • 27%
  • (10,000 / $36,000)
7Citimortgage 9 100%0%
  • 250%
  • (160,000 / $64,000)
0
8Citibank 7 57%42%
  • 107%
  • (104,000 / $97,000)
  • 68%
  • (55,000 / $80,000)
9Access Bank 7 100%0%
  • 116%
  • (36,000 / $31,000)
0
10Us Bk Na Nd 6 50%50%
  • 137%
  • (85,000 / $62,000)
  • 69%
  • (46,000 / $66,000)
11Countrywide Bank Fsb 6 50%33%
  • 180%
  • (36,000 / $20,000)
  • 278%
  • (156,000 / $56,000)
12Wells Fargo Fin'l Minnesota 5 0%80% 0
  • 476%
  • (100,000 / $21,000)
13Citifinancial Services Inc 5 60%0%
  • 138%
  • (47,000 / $34,000)
0
14Wells Fargo Fin'l North Dakota 4 25%50%
  • 176%
  • (99,000 / $56,000)
  • 182%
  • (102,000 / $56,000)
15Valley Mortgage Inc 4 75%25%
  • 312%
  • (122,000 / $39,000)
  • 295%
  • (121,000 / $41,000)
16Pnc Bank N.A. 4 25%0%
  • 116%
  • (140,000 / $120,000)
0
17Mortgage Guaranty Insurance Co 4 50%25%
  • 250%
  • (70,000 / $28,000)
  • 367%
  • (103,000 / $28,000)
18Genworth Mortgage Insurance Co 4 75%0%
  • 252%
  • (63,000 / $25,000)
0
19Bank Of America 4 100%0%
  • 205%
  • (70,000 / $34,000)
0
20Affinity Plus Federal Credit U 4 75%0%
  • 76%
  • (35,000 / $46,000)
0

Lambert, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 288
  2. Loan Applications Denied: 66
  3. % of Loan Applications Denied: 22
  4. # of Loan Originations: 168
  5. % of Loan Applications Originated 58

Lambert, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history18
Collateral15
Debt-to-income ratio9
Unverifiable information4
Credit application incomplete4

Lambert, 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 - $100,000195 5824
$100,000 - $300,00093 5520

Lambert, 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 - $100,000273 5623
$100,000 - $300,00014 7121
$300,000 - $500,0001 00

Loan to Income Ratios Research for Mortgage in Lambert, 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%2152 42
30 - 60%2950 20
60 - 100%4658 30
100 - 200%9458 18
200 - 300%5668 17
300 - 400%2560 12
> 400%1734 41

Lambert, 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 Dwelling280 5823
Not Owner-Occupied As A Principal Dwelling8 620

Home Owner Property Type Statistics in Lambert, 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)252 5624
Manufactured Housing25 7216
One To Four-Family11 729
More Lambert, MN Mortgage Research: