Top Lone Tree, MN Mortgage Lenders

RankLone Tree Mortgage LenderLone Tree Home Loans ProcessedLone Tree Home Loans ApprovedLone Tree Home Loans DeniedLone Tree Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLone Tree Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 51 76%13%
  • 156%
  • (100,000 Loan / $64,000 Income)
  • 157%
  • (96,000 Loan / $61,000 Income)
2Kleinbank 16 81%12%
  • 131%
  • (79,000 / $60,000)
  • 564%
  • (350,000 / $62,000)
3Bank Of America 14 85%14%
  • 152%
  • (76,000 / $50,000)
  • 253%
  • (71,000 / $28,000)
4Citimortgage 13 100%0%
  • 123%
  • (105,000 / $85,000)
0
5Jpmorgan Chase Bank 12 91%8%
  • 208%
  • (73,000 / $35,000)
  • 203%
  • (61,000 / $30,000)
6Radian Guaranty 9 77%0%
  • 208%
  • (117,000 / $56,000)
0
7Phh Mortgage Corporation 9 100%0%
  • 130%
  • (104,000 / $80,000)
0
8Citizens Alliance Bank 9 88%11%
  • 97%
  • (110,000 / $113,000)
  • 112%
  • (28,000 / $25,000)
9Us Bank 8 75%25%
  • 138%
  • (122,000 / $88,000)
  • 300%
  • (60,000 / $20,000)
10Hfc Company Llc 8 12%50%
  • 75%
  • (52,000 / $69,000)
  • 177%
  • (48,000 / $27,000)
11Countrywide Bank Fsb 8 87%12%
  • 252%
  • (53,000 / $21,000)
  • 51%
  • (72,000 / $140,000)
12Citifinancial Services Inc 8 37%25%
  • 128%
  • (63,000 / $49,000)
  • 250%
  • (45,000 / $18,000)
13Wells Fargo Funding 7 100%0% 0 0
14Minnwest Mortgage Corporation 7 100%0%
  • 275%
  • (121,000 / $44,000)
0
15North American State Bank 6 50%16%
  • 120%
  • (24,000 / $20,000)
  • 191%
  • (69,000 / $36,000)
16National City Bank 6 50%0%
  • 245%
  • (81,000 / $33,000)
0
17Countrywide Home Loans 6 83%16%
  • 53%
  • (25,000 / $47,000)
  • 128%
  • (82,000 / $64,000)
18Beneficial Company Llc 6 0%83% 0
  • 156%
  • (83,000 / $53,000)
19Us Bank North Dakota 5 80%20%
  • 121%
  • (45,000 / $37,000)
  • 26%
  • (17,000 / $63,000)
20United Guaranty Corporation 5 80%0%
  • 291%
  • (70,000 / $24,000)
0

Lone Tree, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 340
  2. Loan Applications Denied: 63
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 234
  5. % of Loan Applications Originated 68

Lone Tree, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history10
Collateral9
Debt-to-income ratio1
Unverifiable information1
Insufficient cash (downpayment, closing costs)1

Lone Tree, 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 - $100,000217 6523
$100,000 - $300,000121 739
$300,000 - $500,0002 050

Lone Tree, 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 - $100,000301 6719
$100,000 - $300,00039 7310

Loan to Income Ratios Research for Mortgage in Lone Tree, 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%1283 8
30 - 60%1866 16
60 - 100%5374 16
100 - 200%12464 25
200 - 300%9872 12
300 - 400%2470 12
> 400%1136 36

Lone Tree, 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 Dwelling328 6918
Not Owner-Occupied As A Principal Dwelling11 4518

Home Owner Property Type Statistics in Lone Tree, 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)309 6918
One To Four-Family29 6810
Manufactured Housing2 0100
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