Top Lund, MN Mortgage Lenders

RankLund Mortgage LenderLund Home Loans ProcessedLund Home Loans ApprovedLund Home Loans DeniedLund Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLund Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 298 74%11%
  • 204%
  • (151,000 Loan / $74,000 Income)
  • 206%
  • (165,000 Loan / $80,000 Income)
2Jpmorgan Chase Bank 174 85%12%
  • 189%
  • (148,000 / $78,000)
  • 225%
  • (178,000 / $79,000)
3Citimortgage 102 91%5%
  • 201%
  • (113,000 / $56,000)
  • 508%
  • (127,000 / $25,000)
4Countrywide Bank Fsb 83 65%26%
  • 253%
  • (137,000 / $54,000)
  • 251%
  • (166,000 / $66,000)
5Countrywide Home Loans 49 81%12%
  • 190%
  • (200,000 / $105,000)
  • 291%
  • (280,000 / $96,000)
6Us Bank 47 89%8%
  • 250%
  • (266,000 / $106,000)
  • 255%
  • (143,000 / $56,000)
7Citibank 46 69%19%
  • 122%
  • (262,000 / $214,000)
  • 228%
  • (57,000 / $25,000)
8Bank Of America 43 67%18%
  • 235%
  • (315,000 / $134,000)
  • 397%
  • (163,000 / $41,000)
9State Bank & Trust 29 75%10%
  • 104%
  • (93,000 / $89,000)
  • 284%
  • (216,000 / $76,000)
10Genworth Mortgage Insurance Co 26 53%0%
  • 334%
  • (97,000 / $29,000)
0
11Beneficial Company Llc 26 7%76%
  • 412%
  • (206,000 / $50,000)
  • 313%
  • (210,000 / $67,000)
12Washington Mutual Bank 23 73%21%
  • 242%
  • (85,000 / $35,000)
  • 273%
  • (112,000 / $41,000)
13Affinity Plus Federal Credit U 23 52%13%
  • 142%
  • (50,000 / $35,000)
  • 393%
  • (291,000 / $74,000)
14Citifinancial Services Inc 20 30%25%
  • 345%
  • (107,000 / $31,000)
  • 202%
  • (69,000 / $34,000)
15Gate City Bank 19 84%5%
  • 218%
  • (164,000 / $75,000)
  • 375%
  • (90,000 / $24,000)
16Blackridge Bank 19 42%47%
  • 88%
  • (62,000 / $70,000)
  • 262%
  • (71,000 / $27,000)
17Mortgage Guaranty Insurance Co 18 72%5%
  • 238%
  • (217,000 / $91,000)
  • 263%
  • (174,000 / $66,000)
18Merchants Bank 17 88%11%
  • 212%
  • (66,000 / $31,000)
  • 270%
  • (260,000 / $96,000)
19Us Bank North Dakota 15 26%46%
  • 227%
  • (216,000 / $95,000)
  • 113%
  • (95,000 / $84,000)
20Quicken Loans 15 80%13%
  • 352%
  • (240,000 / $68,000)
  • 320%
  • (205,000 / $64,000)

Lund, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,681
  2. Loan Applications Denied: 294
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 1,148
  5. % of Loan Applications Originated 68

Lund, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio11
Credit history9
Credit application incomplete3
Unverifiable information2

Lund, 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 - $100,000431 6120
$100,000 - $300,0001,104 7016
$300,000 - $500,000139 6815
$500,000 - $1,000,0006 990
$1,000,000 - $1,500,0001 0100

Lund, 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 - $100,0001,213 6419
$100,000 - $300,000424 7710
$300,000 - $500,00034 7817
$500,000 - $1,000,00010 8010

Loan to Income Ratios Research for Mortgage in Lund, 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%4656 30
30 - 60%6068 18
60 - 100%13771 10
100 - 200%50475 12
200 - 300%43665 18
300 - 400%27867 19
> 400%22053 25

Lund, 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 Dwelling1,301 6419
Not Owner-Occupied As A Principal Dwelling357 8111
Not Applicable3 1000

Home Owner Property Type Statistics in Lund, 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)1,568 6817
One To Four-Family83 653
Manufactured Housing30 5633
More Lund, MN Mortgage Research: