Top Lida, MN Mortgage Lenders

RankLida Mortgage LenderLida Home Loans ProcessedLida Home Loans ApprovedLida Home Loans DeniedLida Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLida Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 823 68%13%
  • 189%
  • (224,000 Loan / $118,000 Income)
  • 196%
  • (100,000 Loan / $51,000 Income)
2State Bank & Trust 571 75%14%
  • 110%
  • (124,000 / $112,000)
  • 208%
  • (1,300,000 / $623,000)
3Bremer Bank Na (Fargo) 262 75%4%
  • 118%
  • (45,000 / $38,000)
  • 257%
  • (49,000 / $19,000)
4Citimortgage 179 83%7%
  • 180%
  • (323,000 / $179,000)
  • 401%
  • (273,000 / $68,000)
5Us Bank 160 74%13%
  • 211%
  • (178,000 / $84,000)
  • 303%
  • (82,000 / $27,000)
6Jpmorgan Chase Bank 148 81%14%
  • 265%
  • (319,000 / $120,000)
  • 222%
  • (256,000 / $115,000)
7Gate City Bank 116 82%0%
  • 131%
  • (167,000 / $127,000)
  • 964%
  • (270,000 / $28,000)
8Phh Mortgage Corporation 96 93%2%
  • 236%
  • (236,000 / $100,000)
  • 191%
  • (23,000 / $12,000)
9Affinity Plus Federal Credit U 76 73%2%
  • 165%
  • (106,000 / $64,000)
  • 442%
  • (115,000 / $26,000)
10Countrywide Bank Fsb 75 74%21%
  • 240%
  • (48,000 / $20,000)
  • 283%
  • (176,000 / $62,000)
11American Federal Bank 72 90%5%
  • 142%
  • (160,000 / $112,000)
  • 191%
  • (94,000 / $49,000)
12Midwest Bank 69 91%5%
  • 137%
  • (158,000 / $115,000)
  • 184%
  • (129,000 / $70,000)
13Bank Of America 63 61%20%
  • 173%
  • (173,000 / $100,000)
  • 279%
  • (352,000 / $126,000)
14Citibank 62 62%19%
  • 197%
  • (77,000 / $39,000)
  • 77%
  • (65,000 / $84,000)
15Wells Fargo Funding 50 100%0%
  • 206%
  • (62,000 / $30,000)
0
16Countrywide Home Loans 43 81%13%
  • 241%
  • (104,000 / $43,000)
  • 218%
  • (350,000 / $160,000)
17Cornerstone Bank 39 84%2%
  • 116%
  • (93,000 / $80,000)
  • 123%
  • (100,000 / $81,000)
18Us Bank North Dakota 38 23%60%
  • 174%
  • (350,000 / $201,000)
  • 169%
  • (61,000 / $36,000)
19Genworth Mortgage Insurance Co 33 57%9%
  • 192%
  • (173,000 / $90,000)
  • 267%
  • (230,000 / $86,000)
20First International Bank & Tru 33 84%9%
  • 160%
  • (231,000 / $144,000)
  • 217%
  • (200,000 / $92,000)

Lida, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,261
  2. Loan Applications Denied: 613
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 2,994
  5. % of Loan Applications Originated 70

Lida, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Credit history13
Debt-to-income ratio10
Credit application incomplete4
Unverifiable information3

Lida, 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 - $100,0001,201 6717
$100,000 - $300,0002,506 7013
$300,000 - $500,000513 7312
$500,000 - $1,000,00033 6024
$1,000,000 - $1,500,0008 3750

Lida, 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 - $100,0002,705 6517
$100,000 - $300,0001,316 779
$300,000 - $500,000126 873
$500,000 - $1,000,000100 6916
$1,000,000 - $1,500,0006 820
$1,500,000 - $2,000,0003 990
> $2,000,0005 800

Loan to Income Ratios Research for Mortgage in Lida, 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%19070 14
30 - 60%34274 11
60 - 100%53376 10
100 - 200%1,22972 13
200 - 300%95068 13
300 - 400%55466 15
> 400%46354 25

Lida, 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 Dwelling2,900 6617
Not Owner-Occupied As A Principal Dwelling1,309 798
Not Applicable11 5436

Home Owner Property Type Statistics in Lida, 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)3,967 7014
Manufactured Housing161 5228
One To Four-Family133 726
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