Top Long Beach, MN Mortgage Lenders

RankLong Beach Mortgage LenderLong Beach Home Loans ProcessedLong Beach Home Loans ApprovedLong Beach Home Loans DeniedLong Beach Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLong Beach Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,388 63%16%
  • 194%
  • (200,000 Loan / $103,000 Income)
  • 162%
  • (145,000 Loan / $89,000 Income)
2Jpmorgan Chase Bank 480 81%17%
  • 233%
  • (187,000 / $80,000)
  • 246%
  • (116,000 / $47,000)
3Us Bank 425 75%15%
  • 216%
  • (145,000 / $67,000)
  • 256%
  • (200,000 / $78,000)
4Affinity Plus Federal Credit U 404 67%4%
  • 125%
  • (25,000 / $20,000)
  • 215%
  • (86,000 / $40,000)
5Citimortgage 370 72%8%
  • 227%
  • (82,000 / $36,000)
  • 243%
  • (124,000 / $51,000)
6Countrywide Bank Fsb 337 70%17%
  • 232%
  • (221,000 / $95,000)
  • 282%
  • (164,000 / $58,000)
7Bank Of America 337 73%15%
  • 220%
  • (108,000 / $49,000)
  • 192%
  • (177,000 / $92,000)
8Phh Mortgage Corporation 275 88%1%
  • 235%
  • (179,000 / $76,000)
  • 200%
  • (84,000 / $42,000)
9Mortgage Guaranty Insurance Co 232 73%7%
  • 237%
  • (176,000 / $74,000)
  • 291%
  • (262,000 / $90,000)
10Beneficial Company Llc 229 5%77%
  • 165%
  • (71,000 / $43,000)
  • 235%
  • (125,000 / $53,000)
11Genworth Mortgage Insurance Co 221 60%7%
  • 264%
  • (90,000 / $34,000)
  • 211%
  • (161,000 / $76,000)
12Countrywide Home Loans 204 75%18%
  • 211%
  • (108,000 / $51,000)
  • 233%
  • (124,000 / $53,000)
13Members Cooperative Credit Uni 195 76%11%
  • 88%
  • (53,000 / $60,000)
  • 319%
  • (134,000 / $42,000)
14Agstar Financial Services 186 59%8%
  • 239%
  • (175,000 / $73,000)
  • 339%
  • (156,000 / $46,000)
15North Shore Bank Of Commerce 178 79%13%
  • 227%
  • (184,000 / $81,000)
  • 243%
  • (100,000 / $41,000)
16Embrace Home Loans, 169 11%45%
  • 211%
  • (150,000 / $71,000)
  • 277%
  • (86,000 / $31,000)
17United Guaranty Corporation 162 79%6%
  • 236%
  • (104,000 / $44,000)
  • 281%
  • (234,000 / $83,000)
18Us Bank North Dakota 145 37%42%
  • 135%
  • (69,000 / $51,000)
  • 225%
  • (135,000 / $60,000)
19Wells Fargo Funding 140 97%2%
  • 204%
  • (200,000 / $98,000)
  • 213%
  • (252,000 / $118,000)
20Wells Fargo Fin'l Minnesota 140 18%48%
  • 245%
  • (108,000 / $44,000)
  • 215%
  • (140,000 / $65,000)

Long Beach, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 12,653
  2. Loan Applications Denied: 2,451
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 7,906
  5. % of Loan Applications Originated 62

Long Beach, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Credit history10
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Long Beach, 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 - $100,0004,723 6220
$100,000 - $300,0007,421 6118
$300,000 - $500,000485 5720
$500,000 - $1,000,00022 4436
$1,000,000 - $1,500,0001 1000
> $2,000,0001 0100

Long Beach, 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 - $100,00010,665 6020
$100,000 - $300,0001,851 6812
$300,000 - $500,00083 6414
$500,000 - $1,000,00043 7113
$1,000,000 - $1,500,0007 710
> $2,000,0004 2575

Loan to Income Ratios Research for Mortgage in Long Beach, 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%49862 24
30 - 60%71364 19
60 - 100%98062 19
100 - 200%3,58867 15
200 - 300%3,60161 18
300 - 400%1,98662 19
> 400%1,28748 29

Long Beach, 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 Dwelling11,617 6119
Not Owner-Occupied As A Principal Dwelling947 7114
Not Applicable17 4711

Home Owner Property Type Statistics in Long Beach, 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)11,330 6120
One To Four-Family947 725
Manufactured Housing376 5131
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