Top Lindstrom, MN Mortgage Lenders

RankLindstrom Mortgage LenderLindstrom Home Loans ProcessedLindstrom Home Loans ApprovedLindstrom Home Loans DeniedLindstrom Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLindstrom Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 953 61%16%
  • 212%
  • (417,000 Loan / $196,000 Income)
  • 249%
  • (417,000 Loan / $167,000 Income)
2Us Bank 339 78%10%
  • 230%
  • (115,000 / $50,000)
  • 261%
  • (144,000 / $55,000)
3Jpmorgan Chase Bank 272 78%16%
  • 197%
  • (176,000 / $89,000)
  • 237%
  • (237,000 / $100,000)
4Citimortgage 241 77%7%
  • 240%
  • (195,000 / $81,000)
  • 347%
  • (250,000 / $72,000)
5Countrywide Bank Fsb 229 75%16%
  • 242%
  • (184,000 / $76,000)
  • 328%
  • (92,000 / $28,000)
6The Riverbank 219 96%3%
  • 208%
  • (75,000 / $36,000)
  • 376%
  • (158,000 / $42,000)
7Affinity Plus Federal Credit U 175 66%4%
  • 116%
  • (28,000 / $24,000)
  • 177%
  • (158,000 / $89,000)
8Lake Area Bank 153 59%15%
  • 239%
  • (220,000 / $92,000)
  • 294%
  • (171,000 / $58,000)
9Citibank 146 67%16%
  • 111%
  • (123,000 / $110,000)
  • 96%
  • (87,000 / $90,000)
10Countrywide Home Loans 115 86%6%
  • 278%
  • (348,000 / $125,000)
  • 248%
  • (219,000 / $88,000)
11Us Bk Na Nd 107 50%38%
  • 129%
  • (62,000 / $48,000)
  • 191%
  • (153,000 / $80,000)
12Bank Of America 107 75%12%
  • 259%
  • (239,000 / $92,000)
  • 247%
  • (109,000 / $44,000)
13Wells Fargo Funding 103 99%0%
  • 286%
  • (215,000 / $75,000)
  • 1285%
  • (180,000 / $14,000)
14Tcf National Bank 101 24%51%
  • 233%
  • (42,000 / $18,000)
  • 315%
  • (315,000 / $100,000)
15Phh Home Loans 92 86%6%
  • 278%
  • (156,000 / $56,000)
  • 285%
  • (346,000 / $121,000)
16Us Bank North Dakota 89 35%32%
  • 94%
  • (85,000 / $90,000)
  • 182%
  • (175,000 / $96,000)
17Mortgage Guaranty Insurance Co 84 77%5%
  • 313%
  • (204,000 / $65,000)
  • 233%
  • (91,000 / $39,000)
18Beneficial Company Llc 61 14%59%
  • 248%
  • (209,000 / $84,000)
  • 308%
  • (176,000 / $57,000)
19First Suburban National Bank 58 17%36%
  • 234%
  • (237,000 / $101,000)
  • 400%
  • (180,000 / $45,000)
20The Business Bank 56 83%5%
  • 261%
  • (170,000 / $65,000)
  • 372%
  • (190,000 / $51,000)

Lindstrom, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 6,692
  2. Loan Applications Denied: 1,120
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 4,357
  5. % of Loan Applications Originated 65

Lindstrom, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Debt-to-income ratio9
Credit history9
Credit application incomplete3
Unverifiable information2

Lindstrom, 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 - $100,0001,428 6417
$100,000 - $300,0004,343 6715
$300,000 - $500,000861 5521
$500,000 - $1,000,00059 4633
$1,000,000 - $1,500,0001 00

Lindstrom, 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 - $100,0004,732 6317
$100,000 - $300,0001,877 6615
$300,000 - $500,00061 5024
$500,000 - $1,000,00021 6114
$1,000,000 - $1,500,0001 00

Loan to Income Ratios Research for Mortgage in Lindstrom, 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%27465 18
30 - 60%38062 17
60 - 100%45761 19
100 - 200%1,52368 13
200 - 300%1,85468 13
300 - 400%1,28264 17
> 400%92253 25

Lindstrom, 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 Dwelling6,295 6516
Not Owner-Occupied As A Principal Dwelling379 6716
Not Applicable3 6633

Home Owner Property Type Statistics in Lindstrom, 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)6,316 6417
One To Four-Family349 753
Manufactured Housing27 3729
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