Top Lyra, MN Mortgage Lenders

RankLyra Mortgage LenderLyra Home Loans ProcessedLyra Home Loans ApprovedLyra Home Loans DeniedLyra Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLyra Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 525 68%13%
  • 210%
  • (234,000 Loan / $111,000 Income)
  • 187%
  • (58,000 Loan / $31,000 Income)
2Affinity Plus Federal Credit U 119 65%9%
  • 105%
  • (37,000 / $35,000)
  • 193%
  • (95,000 / $49,000)
3Agstar Financial Services 112 58%7%
  • 213%
  • (98,000 / $46,000)
  • 327%
  • (157,000 / $48,000)
4Wells Federal Bank 94 63%15%
  • 191%
  • (119,000 / $62,000)
  • 215%
  • (190,000 / $88,000)
5Us Bank 66 81%12%
  • 155%
  • (92,000 / $59,000)
  • 395%
  • (91,000 / $23,000)
6Community Bank Mankato 62 93%4%
  • 191%
  • (174,000 / $91,000)
  • 297%
  • (110,000 / $37,000)
7Wells Fargo Fin'l Minnesota 55 27%50%
  • 229%
  • (110,000 / $48,000)
  • 214%
  • (150,000 / $70,000)
8Mortgage Guaranty Insurance Co 50 64%10%
  • 244%
  • (66,000 / $27,000)
  • 240%
  • (144,000 / $60,000)
9Tcf National Bank 45 51%31%
  • 180%
  • (135,000 / $75,000)
  • 269%
  • (140,000 / $52,000)
10Countrywide Bank Fsb 45 71%24%
  • 224%
  • (280,000 / $125,000)
  • 240%
  • (144,000 / $60,000)
11Genworth Mortgage Insurance Co 43 58%0%
  • 246%
  • (116,000 / $47,000)
0
12Minnstar Bank N.A. 40 82%15%
  • 87%
  • (65,000 / $74,000)
  • 205%
  • (82,000 / $40,000)
13Jpmorgan Chase Bank 37 83%13%
  • 253%
  • (152,000 / $60,000)
  • 166%
  • (83,000 / $50,000)
14Citimortgage 30 90%3%
  • 231%
  • (248,000 / $107,000)
  • 105%
  • (82,000 / $78,000)
15First Financial Bank 27 74%14%
  • 103%
  • (156,000 / $151,000)
  • 347%
  • (80,000 / $23,000)
16Us Bank North Dakota 26 65%26%
  • 91%
  • (84,000 / $92,000)
  • 83%
  • (100,000 / $120,000)
17Pioneer Bank 26 69%7%
  • 200%
  • (36,000 / $18,000)
  • 255%
  • (291,000 / $114,000)
18Hfc Company Llc 25 20%60%
  • 221%
  • (146,000 / $66,000)
  • 293%
  • (185,000 / $63,000)
19First Suburban National Bank 25 20%36%
  • 252%
  • (53,000 / $21,000)
  • 257%
  • (103,000 / $40,000)
20Countrywide Home Loans 25 92%4%
  • 154%
  • (111,000 / $72,000)
  • 260%
  • (156,000 / $60,000)

Lyra, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,134
  2. Loan Applications Denied: 367
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 1,367
  5. % of Loan Applications Originated 64

Lyra, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history12
Collateral11
Debt-to-income ratio8
Unverifiable information1
Insufficient cash (downpayment, closing costs)1

Lyra, 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 - $100,000809 6517
$100,000 - $300,0001,218 6117
$300,000 - $500,00097 6710
$500,000 - $1,000,00010 7020

Lyra, 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 - $100,0001,770 6218
$100,000 - $300,000343 689
$300,000 - $500,00011 729
$500,000 - $1,000,00010 900

Loan to Income Ratios Research for Mortgage in Lyra, 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%9764 12
30 - 60%12154 19
60 - 100%20874 12
100 - 200%59569 14
200 - 300%62462 15
300 - 400%30557 24
> 400%18450 26

Lyra, 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 Dwelling2,071 6416
Not Owner-Occupied As A Principal Dwelling59 6227
Not Applicable3 660

Home Owner Property Type Statistics in Lyra, 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)1,951 6417
One To Four-Family153 694
Manufactured Housing30 3640
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