Top Leaf Lake, MN Mortgage Lenders

RankLeaf Lake Mortgage LenderLeaf Lake Home Loans ProcessedLeaf Lake Home Loans ApprovedLeaf Lake Home Loans DeniedLeaf Lake Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLeaf Lake Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 286 65%17%
  • 154%
  • (220,000 Loan / $142,000 Income)
  • 165%
  • (86,000 Loan / $52,000 Income)
2Merchants Bank 90 90%8%
  • 202%
  • (211,000 / $104,000)
  • 222%
  • (160,000 / $72,000)
3Jpmorgan Chase Bank 87 79%18%
  • 211%
  • (55,000 / $26,000)
  • 256%
  • (300,000 / $117,000)
4Bremer Bank Na (Fargo) 56 78%7%
  • 172%
  • (179,000 / $104,000)
  • 381%
  • (233,000 / $61,000)
5Us Bank 55 76%12%
  • 218%
  • (153,000 / $70,000)
  • 212%
  • (134,000 / $63,000)
6State Bank & Trust 46 89%6%
  • 119%
  • (184,000 / $154,000)
  • 315%
  • (341,000 / $108,000)
7Citimortgage 41 75%9%
  • 230%
  • (184,000 / $80,000)
  • 291%
  • (105,000 / $36,000)
8Gate City Bank 36 86%5%
  • 116%
  • (190,000 / $163,000)
  • 121%
  • (40,000 / $33,000)
9American Federal Bank 31 74%16%
  • 152%
  • (108,000 / $71,000)
  • 310%
  • (152,000 / $49,000)
10Affinity Plus Federal Credit U 26 88%0%
  • 172%
  • (126,000 / $73,000)
0
11Phh Mortgage Corporation 25 92%4%
  • 297%
  • (238,000 / $80,000)
  • 136%
  • (104,000 / $76,000)
12Countrywide Bank Fsb 24 70%20%
  • 277%
  • (500,000 / $180,000)
  • 213%
  • (417,000 / $195,000)
13Embrace Home Loans, 22 22%40%
  • 320%
  • (96,000 / $30,000)
  • 191%
  • (188,000 / $98,000)
14Mortgage Guaranty Insurance Co 19 84%0%
  • 231%
  • (171,000 / $74,000)
0
15Bank Of America 18 72%16%
  • 136%
  • (75,000 / $55,000)
  • 203%
  • (130,000 / $64,000)
16Genworth Mortgage Insurance Co 17 35%11%
  • 248%
  • (92,000 / $37,000)
  • 274%
  • (140,000 / $51,000)
17Citibank 17 47%29%
  • 99%
  • (100,000 / $101,000)
  • 238%
  • (105,000 / $44,000)
18Us Bank North Dakota 15 13%46%
  • 204%
  • (43,000 / $21,000)
  • 237%
  • (133,000 / $56,000)
19Quicken Loans 15 73%26%
  • 231%
  • (125,000 / $54,000)
  • 441%
  • (247,000 / $56,000)
20Bank Of The West 14 78%14%
  • 189%
  • (150,000 / $79,000)
  • 535%
  • (214,000 / $40,000)

Leaf Lake, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,423
  2. Loan Applications Denied: 234
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 968
  5. % of Loan Applications Originated 68

Leaf Lake, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Debt-to-income ratio13
Credit history6
Credit application incomplete5
Unverifiable information3

Leaf Lake, 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 - $100,000420 6517
$100,000 - $300,000841 6715
$300,000 - $500,000157 6918
$500,000 - $1,000,0005 800

Leaf Lake, 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 - $100,000903 6419
$100,000 - $300,000458 7112
$300,000 - $500,00038 867
$500,000 - $1,000,00022 774
$1,000,000 - $1,500,0002 500

Loan to Income Ratios Research for Mortgage in Leaf Lake, 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%4372 11
30 - 60%11065 10
60 - 100%15473 14
100 - 200%44873 13
200 - 300%33867 15
300 - 400%17964 18
> 400%15148 31

Leaf Lake, 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 Dwelling910 6219
Not Owner-Occupied As A Principal Dwelling495 7810
Not Applicable2 050

Home Owner Property Type Statistics in Leaf Lake, 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)1,320 6816
One To Four-Family59 643
Manufactured Housing44 5229
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