Top Mason, MN Mortgage Lenders

RankMason Mortgage LenderMason Home Loans ProcessedMason Home Loans ApprovedMason Home Loans DeniedMason Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMason Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 118 66%14%
  • 171%
  • (127,000 Loan / $74,000 Income)
  • 157%
  • (77,000 Loan / $49,000 Income)
2Agstar Financial Services 50 50%12%
  • 142%
  • (81,000 / $57,000)
  • 131%
  • (219,000 / $167,000)
3Jpmorgan Chase Bank 48 83%14%
  • 214%
  • (122,000 / $57,000)
  • 172%
  • (81,000 / $47,000)
4Guaranteed Rate Inc 36 94%0%
  • 185%
  • (63,000 / $34,000)
0
5Genworth Mortgage Insurance Co 34 47%8%
  • 142%
  • (152,000 / $107,000)
  • 228%
  • (158,000 / $69,000)
6Minnwest Mortgage Corporation 30 50%23%
  • 188%
  • (130,000 / $69,000)
  • 187%
  • (150,000 / $80,000)
7Citimortgage 28 75%10%
  • 266%
  • (144,000 / $54,000)
  • 282%
  • (65,000 / $23,000)
8Centennial Mortgage & Funding 22 100%0%
  • 175%
  • (51,000 / $29,000)
0
9Us Bank 21 47%33%
  • 211%
  • (133,000 / $63,000)
  • 164%
  • (250,000 / $152,000)
10Mortgage Guaranty Insurance Co 21 76%14%
  • 181%
  • (109,000 / $60,000)
  • 222%
  • (158,000 / $71,000)
11First National Bank 19 84%10%
  • 100%
  • (12,000 / $12,000)
  • 24%
  • (10,000 / $41,000)
12Bank Of America 18 77%22%
  • 245%
  • (54,000 / $22,000)
  • 92%
  • (47,000 / $51,000)
13United Guaranty Corporation 15 46%20%
  • 162%
  • (133,000 / $82,000)
  • 140%
  • (59,000 / $42,000)
14Embrace Home Loans, 15 26%33%
  • 117%
  • (33,000 / $28,000)
  • 62%
  • (15,000 / $24,000)
15Countrywide Bank Fsb 15 60%26%
  • 215%
  • (82,000 / $38,000)
  • 161%
  • (100,000 / $62,000)
16Beneficial Company Llc 15 6%80%
  • 243%
  • (73,000 / $30,000)
  • 240%
  • (120,000 / $50,000)
17Wells Fargo Funding 13 92%0% 0 0
18Phh Mortgage Corporation 13 46%0%
  • 230%
  • (129,000 / $56,000)
0
19Pmi Mortgage Insurance Co. 11 81%0%
  • 205%
  • (37,000 / $18,000)
0
20Amtrust Bank 11 100%0%
  • 136%
  • (45,000 / $33,000)
0

Mason, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 855
  2. Loan Applications Denied: 166
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 535
  5. % of Loan Applications Originated 62

Mason, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history6
Debt-to-income ratio4
Credit application incomplete3
Unverifiable information1

Mason, 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 5923
$100,000 - $300,000387 6414
$300,000 - $500,00032 6112
$500,000 - $1,000,0005 6040

Mason, 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 - $100,000704 6020
$100,000 - $300,000134 6617
$300,000 - $500,0008 750
$500,000 - $1,000,0008 1000
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Mason, 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%3360 24
30 - 60%4556 28
60 - 100%10157 22
100 - 200%33069 16
200 - 300%20457 21
300 - 400%9061 14
> 400%5251 21

Mason, 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 Dwelling784 6219
Not Owner-Occupied As A Principal Dwelling68 6617

Home Owner Property Type Statistics in Mason, 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)753 6220
One To Four-Family93 6311
Manufactured Housing9 4422
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