Top Mary, MN Mortgage Lenders

RankMary Mortgage LenderMary Home Loans ProcessedMary Home Loans ApprovedMary Home Loans DeniedMary Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMary Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 52 67%17%
  • 101%
  • (60,000 Loan / $59,000 Income)
  • 84%
  • (32,000 Loan / $38,000 Income)
2Frandsen Bank & Trust 47 70%17%
  • 80%
  • (20,000 / $25,000)
  • 78%
  • (50,000 / $64,000)
3Community Bank Of The Rrv 41 95%4%
  • 88%
  • (15,000 / $17,000)
  • 139%
  • (67,000 / $48,000)
4American Federal Bank 35 74%20%
  • 75%
  • (50,000 / $66,000)
  • 214%
  • (217,000 / $101,000)
5Citifinancial Services Inc 29 27%48%
  • 206%
  • (99,000 / $48,000)
  • 126%
  • (72,000 / $57,000)
6Bank Of The West 24 33%54%
  • 38%
  • (14,000 / $36,000)
  • 33%
  • (16,000 / $48,000)
7Embrace Home Loans, 23 13%43%
  • 141%
  • (99,000 / $70,000)
  • 263%
  • (58,000 / $22,000)
8Northwestern Bank 22 81%13%
  • 102%
  • (38,000 / $37,000)
  • 85%
  • (80,000 / $94,000)
9Mortgage Guaranty Insurance Co 15 80%0%
  • 162%
  • (47,000 / $29,000)
0
10Jpmorgan Chase Bank 13 69%23%
  • 169%
  • (100,000 / $59,000)
  • 231%
  • (67,000 / $29,000)
11Citimortgage 12 75%16%
  • 252%
  • (48,000 / $19,000)
  • 257%
  • (108,000 / $42,000)
12Bank Of America 9 66%11%
  • 155%
  • (42,000 / $27,000)
  • 248%
  • (62,000 / $25,000)
13State Bank & Trust 8 62%12%
  • 157%
  • (11,000 / $7,000)
  • 223%
  • (87,000 / $39,000)
14Genworth Mortgage Insurance Co 8 87%0%
  • 260%
  • (107,000 / $41,000)
0
15Beneficial Company Llc 7 14%85%
  • 190%
  • (57,000 / $30,000)
  • 125%
  • (45,000 / $36,000)
16Wells Fargo Funding 6 100%0%
  • 48%
  • (50,000 / $103,000)
0
17Town And Country Credit Union 6 66%33%
  • 143%
  • (135,000 / $94,000)
  • 538%
  • (70,000 / $13,000)
18First International Bank & Tru 6 66%16%
  • 159%
  • (107,000 / $67,000)
  • 64%
  • (50,000 / $78,000)
19Us Bank North Dakota 5 20%60%
  • 129%
  • (120,000 / $93,000)
  • 138%
  • (58,000 / $42,000)
20Us Bank 5 100%0%
  • 143%
  • (93,000 / $65,000)
0

Mary, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 486
  2. Loan Applications Denied: 117
  3. % of Loan Applications Denied: 24
  4. # of Loan Originations: 294
  5. % of Loan Applications Originated 60

Mary, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history20
Collateral10
Debt-to-income ratio8
Unverifiable information2
Credit application incomplete2

Mary, 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 - $100,000392 5726
$100,000 - $300,00092 7114
$300,000 - $500,0002 1000

Mary, 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 - $100,000438 5725
$100,000 - $300,00044 8111
$300,000 - $500,0001 1000
$500,000 - $1,000,0002 1000
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Mary, 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%4652 28
30 - 60%6860 25
60 - 100%8360 25
100 - 200%16661 19
200 - 300%8461 25
300 - 400%2560 28
> 400%1456 35

Mary, 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 Dwelling460 6024
Not Owner-Occupied As A Principal Dwelling25 5624

Home Owner Property Type Statistics in Mary, 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)448 5925
One To Four-Family29 820
Manufactured Housing9 3344
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