Top Lone Pine, MN Mortgage Lenders

RankLone Pine Mortgage LenderLone Pine Home Loans ProcessedLone Pine Home Loans ApprovedLone Pine Home Loans DeniedLone Pine Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLone Pine Mortgage Median LTR for Denied Loans
1Affinity Plus Federal Credit U 632 64%9%
  • 123%
  • (32,000 Loan / $26,000 Income)
  • 233%
  • (77,000 Loan / $33,000 Income)
2Wells Fargo Bank 379 59%18%
  • 188%
  • (94,000 / $50,000)
  • 112%
  • (89,000 / $79,000)
3American Bank Of The North 367 78%15%
  • 125%
  • (45,000 / $36,000)
  • 155%
  • (92,000 / $59,000)
4Countrywide Bank Fsb 94 80%12%
  • 213%
  • (111,000 / $52,000)
  • 207%
  • (108,000 / $52,000)
5Us Bank North Dakota 84 36%44%
  • 92%
  • (75,000 / $81,000)
  • 183%
  • (44,000 / $24,000)
6Citifinancial Services Inc 77 33%38%
  • 231%
  • (88,000 / $38,000)
  • 172%
  • (57,000 / $33,000)
7Jpmorgan Chase Bank 76 80%18%
  • 261%
  • (128,000 / $49,000)
  • 289%
  • (249,000 / $86,000)
8Us Bank 74 82%8%
  • 219%
  • (101,000 / $46,000)
  • 172%
  • (62,000 / $36,000)
9Citimortgage 71 67%12%
  • 228%
  • (137,000 / $60,000)
  • 196%
  • (179,000 / $91,000)
10Freedom Mortgage Corp. 46 73%6%
  • 232%
  • (237,000 / $102,000)
  • 126%
  • (139,000 / $110,000)
11Countrywide Home Loans 44 79%13%
  • 182%
  • (82,000 / $45,000)
  • 164%
  • (69,000 / $42,000)
12Phh Mortgage Corporation 42 71%7%
  • 150%
  • (144,000 / $96,000)
  • 320%
  • (109,000 / $34,000)
13Northview Bank 41 75%14%
  • 181%
  • (125,000 / $69,000)
  • 190%
  • (116,000 / $61,000)
14Wells Fargo Fin'l Minnesota 35 11%40%
  • 299%
  • (299,000 / $100,000)
  • 181%
  • (80,000 / $44,000)
15Cmg Mortgage Insurance Co. 34 88%2%
  • 238%
  • (50,000 / $21,000)
  • 269%
  • (294,000 / $109,000)
16Bank Of America 33 63%21%
  • 231%
  • (199,000 / $86,000)
  • 220%
  • (174,000 / $79,000)
17Mortgage Guaranty Insurance Co 31 77%6%
  • 300%
  • (90,000 / $30,000)
  • 256%
  • (95,000 / $37,000)
18Beneficial Company Llc 30 10%70%
  • 63%
  • (14,000 / $22,000)
  • 113%
  • (60,000 / $53,000)
19Quicken Loans 26 69%26%
  • 260%
  • (117,000 / $45,000)
  • 260%
  • (138,000 / $53,000)
20National City Bank 26 69%0%
  • 219%
  • (46,000 / $21,000)
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Lone Pine, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,067
  2. Loan Applications Denied: 543
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 1,936
  5. % of Loan Applications Originated 63

Lone Pine, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history17
Collateral11
Debt-to-income ratio6
Credit application incomplete3
Unverifiable information2

Lone Pine, 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 - $100,0001,681 6119
$100,000 - $300,0001,320 6415
$300,000 - $500,00064 5615
$500,000 - $1,000,0002 1000

Lone Pine, 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 - $100,0002,667 6018
$100,000 - $300,000388 7012
$300,000 - $500,0009 770
$500,000 - $1,000,0002 1000
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Lone Pine, 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%18868 18
30 - 60%25565 14
60 - 100%31564 17
100 - 200%98664 17
200 - 300%73061 16
300 - 400%36062 18
> 400%23351 24

Lone Pine, 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 Dwelling2,763 6118
Not Owner-Occupied As A Principal Dwelling278 7511
Not Applicable9 5522

Home Owner Property Type Statistics in Lone Pine, 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)2,733 6217
Manufactured Housing180 5527
One To Four-Family154 795
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