Top Logan, MN Mortgage Lenders

RankLogan Mortgage LenderLogan Home Loans ProcessedLogan Home Loans ApprovedLogan Home Loans DeniedLogan Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLogan Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 197 67%15%
  • 160%
  • (88,000 Loan / $55,000 Income)
  • 140%
  • (105,000 Loan / $75,000 Income)
2Affinity Plus Federal Credit U 75 52%12%
  • 127%
  • (78,000 / $61,000)
  • 285%
  • (80,000 / $28,000)
3Us Bank 67 79%14%
  • 203%
  • (120,000 / $59,000)
  • 194%
  • (210,000 / $108,000)
4Jpmorgan Chase Bank 59 84%8%
  • 208%
  • (52,000 / $25,000)
  • 140%
  • (190,000 / $135,000)
5Countrywide Bank Fsb 48 62%29%
  • 308%
  • (105,000 / $34,000)
  • 269%
  • (417,000 / $155,000)
6Citimortgage 44 65%15%
  • 153%
  • (269,000 / $175,000)
  • 297%
  • (250,000 / $84,000)
7Members Cooperative Credit Uni 43 65%25%
  • 141%
  • (55,000 / $39,000)
  • 373%
  • (157,000 / $42,000)
8Mortgage Guaranty Insurance Co 24 50%12%
  • 215%
  • (114,000 / $53,000)
  • 92%
  • (183,000 / $198,000)
9Bank Of America 23 82%4%
  • 215%
  • (190,000 / $88,000)
  • 278%
  • (256,000 / $92,000)
10Agstar Financial Services 22 54%31%
  • 168%
  • (96,000 / $57,000)
  • 305%
  • (208,000 / $68,000)
11Phh Mortgage Corporation 21 57%9%
  • 184%
  • (214,000 / $116,000)
  • 245%
  • (216,000 / $88,000)
12Northview Bank 21 66%14%
  • 163%
  • (351,000 / $215,000)
  • 122%
  • (148,000 / $121,000)
13Countrywide Home Loans 21 80%4%
  • 215%
  • (114,000 / $53,000)
  • 233%
  • (133,000 / $57,000)
14Us Bank North Dakota 19 15%63%
  • 216%
  • (115,000 / $53,000)
  • 270%
  • (46,000 / $17,000)
15American Bank Of The North 18 77%16%
  • 103%
  • (53,000 / $51,000)
  • 272%
  • (90,000 / $33,000)
16Embrace Home Loans, 17 11%41%
  • 200%
  • (76,000 / $38,000)
  • 436%
  • (109,000 / $25,000)
17Citibank 17 82%0%
  • 147%
  • (121,000 / $82,000)
0
18C.U. Mortgage Services, 15 93%6%
  • 194%
  • (132,000 / $68,000)
  • 79%
  • (67,000 / $84,000)
19Us Bk Na Nd 14 42%35%
  • 95%
  • (43,000 / $45,000)
  • 53%
  • (80,000 / $150,000)
20Provident Funding Associates 14 78%21%
  • 253%
  • (200,000 / $79,000)
  • 177%
  • (105,000 / $59,000)

Logan, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,371
  2. Loan Applications Denied: 277
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 849
  5. % of Loan Applications Originated 61

Logan, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Credit history15
Debt-to-income ratio11
Credit application incomplete3
Unverifiable information2

Logan, 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 - $100,000462 5722
$100,000 - $300,000827 6319
$300,000 - $500,00080 6216
$500,000 - $1,000,0001 1000
$1,000,000 - $1,500,0001 0100

Logan, 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 - $100,000989 5722
$100,000 - $300,000347 7014
$300,000 - $500,00022 7218
$500,000 - $1,000,00013 7623

Loan to Income Ratios Research for Mortgage in Logan, 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%3748 37
30 - 60%9069 13
60 - 100%16067 14
100 - 200%42565 16
200 - 300%30763 17
300 - 400%17748 30
> 400%17553 30

Logan, 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 Dwelling902 5623
Not Owner-Occupied As A Principal Dwelling435 7313
Not Applicable1 1000

Home Owner Property Type Statistics in Logan, 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)1,205 6120
Manufactured Housing105 5926
One To Four-Family61 736
More Logan, MN Mortgage Research: