Top Long Lost Lake, MN Mortgage Lenders

RankLong Lost Lake Mortgage LenderLong Lost Lake Home Loans ProcessedLong Lost Lake Home Loans ApprovedLong Lost Lake Home Loans DeniedLong Lost Lake Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLong Lost Lake Mortgage Median LTR for Denied Loans
1Affinity Plus Federal Credit U 180 60%9%
  • 107%
  • (58,000 Loan / $54,000 Income)
  • 166%
  • (100,000 Loan / $60,000 Income)
2First National Bank 87 80%11%
  • 100%
  • (84,000 / $84,000)
  • 55%
  • (10,000 / $18,000)
3Wells Fargo Bank 36 52%25%
  • 192%
  • (281,000 / $146,000)
  • 96%
  • (106,000 / $110,000)
4Us Bank 20 65%20%
  • 173%
  • (90,000 / $52,000)
  • 250%
  • (205,000 / $82,000)
5Ultima Bank Minnesota 16 81%12%
  • 180%
  • (117,000 / $65,000)
  • 350%
  • (35,000 / $10,000)
6Countrywide Bank Fsb 13 61%23%
  • 321%
  • (106,000 / $33,000)
  • 615%
  • (271,000 / $44,000)
7Bank Forward 12 66%8%
  • 336%
  • (165,000 / $49,000)
  • 207%
  • (135,000 / $65,000)
8Embrace Home Loans, 10 10%10%
  • 234%
  • (148,000 / $63,000)
  • 161%
  • (79,000 / $49,000)
9American Federal Bank 10 70%20%
  • 120%
  • (106,000 / $88,000)
  • 314%
  • (66,000 / $21,000)
10Countrywide Home Loans 9 66%11%
  • 181%
  • (87,000 / $48,000)
  • 82%
  • (148,000 / $180,000)
11Citimortgage 9 100%0%
  • 240%
  • (120,000 / $50,000)
0
12Citifinancial Services Inc 7 57%14%
  • 226%
  • (59,000 / $26,000)
  • 72%
  • (27,000 / $37,000)
13Bank Of America 6 66%16%
  • 242%
  • (63,000 / $26,000)
  • 237%
  • (95,000 / $40,000)
14Quicken Loans 5 60%40%
  • 404%
  • (202,000 / $50,000)
  • 341%
  • (99,000 / $29,000)
15Midwest Bank 5 100%0%
  • 140%
  • (162,000 / $115,000)
0
16New Day Financial, Llc 4 25%75%
  • 228%
  • (89,000 / $39,000)
  • 252%
  • (96,000 / $38,000)
17Jpmorgan Chase Bank 4 50%50%
  • 445%
  • (49,000 / $11,000)
  • 390%
  • (312,000 / $80,000)
18Central Minnesota Cu 4 75%0%
  • 53%
  • (143,000 / $267,000)
0
19Ally Bank 4 50%50%
  • 294%
  • (156,000 / $53,000)
  • 560%
  • (157,000 / $28,000)
20Agstar Financial Services 4 75%0%
  • 200%
  • (148,000 / $74,000)
0

Long Lost Lake, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 569
  2. Loan Applications Denied: 97
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 350
  5. % of Loan Applications Originated 61

Long Lost Lake, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history34
Collateral22
Debt-to-income ratio9
Credit application incomplete3
Unverifiable information0

Long Lost Lake, 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 - $100,000339 6317
$100,000 - $300,000225 5716
$300,000 - $500,0005 6020

Long Lost Lake, 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 - $100,000487 5918
$100,000 - $300,00079 7210
$300,000 - $500,0002 500
$1,000,000 - $1,500,0001 00

Loan to Income Ratios Research for Mortgage in Long Lost Lake, 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%5062 24
30 - 60%5578 14
60 - 100%6858 19
100 - 200%18564 13
200 - 300%9458 14
300 - 400%7544 21
> 400%4263 21

Long Lost Lake, 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 Dwelling508 5918
Not Owner-Occupied As A Principal Dwelling59 795
Not Applicable2 050

Home Owner Property Type Statistics in Long Lost Lake, 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)483 6115
Manufactured Housing80 6227
One To Four-Family6 830
More Long Lost Lake, MN Mortgage Research: