Top Marcell, MN Mortgage Lenders

RankMarcell Mortgage LenderMarcell Home Loans ProcessedMarcell Home Loans ApprovedMarcell Home Loans DeniedMarcell Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMarcell Mortgage Median LTR for Denied Loans
1Affinity Plus Federal Credit U 577 65%7%
  • 156%
  • (276,000 Loan / $176,000 Income)
  • 257%
  • (85,000 Loan / $33,000 Income)
2Wells Fargo Bank 485 63%14%
  • 185%
  • (65,000 / $35,000)
  • 214%
  • (103,000 / $48,000)
3American Bank Of The North 169 76%16%
  • 153%
  • (157,000 / $102,000)
  • 166%
  • (90,000 / $54,000)
4Us Bank 91 72%20%
  • 228%
  • (231,000 / $101,000)
  • 242%
  • (187,000 / $77,000)
5Jpmorgan Chase Bank 89 70%21%
  • 220%
  • (152,000 / $69,000)
  • 188%
  • (132,000 / $70,000)
6Countrywide Bank Fsb 88 72%17%
  • 253%
  • (142,000 / $56,000)
  • 275%
  • (193,000 / $70,000)
7Citimortgage 80 80%12%
  • 232%
  • (93,000 / $40,000)
  • 380%
  • (270,000 / $71,000)
8Northview Bank 79 70%17%
  • 165%
  • (116,000 / $70,000)
  • 281%
  • (124,000 / $44,000)
9Us Bank North Dakota 72 47%33%
  • 134%
  • (110,000 / $82,000)
  • 300%
  • (405,000 / $135,000)
10Countrywide Home Loans 51 74%21%
  • 242%
  • (80,000 / $33,000)
  • 111%
  • (169,000 / $151,000)
11Citifinancial Services Inc 42 42%35%
  • 195%
  • (123,000 / $63,000)
  • 262%
  • (126,000 / $48,000)
12Bank Of America 41 82%17%
  • 269%
  • (159,000 / $59,000)
  • 507%
  • (345,000 / $68,000)
13Us Bk Na Nd 38 42%55%
  • 89%
  • (95,000 / $106,000)
  • 187%
  • (105,000 / $56,000)
14Quicken Loans 38 73%18%
  • 272%
  • (60,000 / $22,000)
  • 220%
  • (44,000 / $20,000)
15Mortgage Guaranty Insurance Co 37 70%10%
  • 258%
  • (238,000 / $92,000)
  • 316%
  • (250,000 / $79,000)
16Freedom Mortgage Corp. 33 66%12%
  • 286%
  • (241,000 / $84,000)
  • 166%
  • (85,000 / $51,000)
17Cmg Mortgage Insurance Co. 33 78%9%
  • 250%
  • (125,000 / $50,000)
  • 155%
  • (146,000 / $94,000)
18Citibank 30 83%10%
  • 173%
  • (139,000 / $80,000)
  • 120%
  • (132,000 / $110,000)
19Wells Fargo Fin'l Minnesota 28 7%42%
  • 169%
  • (90,000 / $53,000)
  • 242%
  • (34,000 / $14,000)
20Phh Mortgage Corporation 26 65%7%
  • 242%
  • (230,000 / $95,000)
  • 261%
  • (110,000 / $42,000)

Marcell, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,994
  2. Loan Applications Denied: 519
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 1,914
  5. % of Loan Applications Originated 63

Marcell, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Credit history13
Debt-to-income ratio7
Credit application incomplete3
Unverifiable information2

Marcell, 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 - $100,0001,090 6216
$100,000 - $300,0001,702 6417
$300,000 - $500,000182 6021
$500,000 - $1,000,00019 4747
$1,000,000 - $1,500,0001 1000

Marcell, 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 - $100,0002,276 6118
$100,000 - $300,000649 6913
$300,000 - $500,00044 7013
$500,000 - $1,000,00019 3647
$1,000,000 - $1,500,0005 4060
$1,500,000 - $2,000,0001 00

Loan to Income Ratios Research for Mortgage in Marcell, 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%12370 14
30 - 60%20864 13
60 - 100%31566 15
100 - 200%88264 16
200 - 300%71766 15
300 - 400%45658 18
> 400%29350 30

Marcell, 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 Dwelling2,348 6217
Not Owner-Occupied As A Principal Dwelling607 7016
Not Applicable6 1650

Home Owner Property Type Statistics in Marcell, 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)2,653 6417
Manufactured Housing191 5127
One To Four-Family150 728
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