Top Mcgregor, MN Mortgage Lenders

RankMcgregor Mortgage LenderMcgregor Home Loans ProcessedMcgregor Home Loans ApprovedMcgregor Home Loans DeniedMcgregor Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMcgregor Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,226 61%19%
  • 178%
  • (102,000 Loan / $57,000 Income)
  • 154%
  • (65,000 Loan / $42,000 Income)
2Countrywide Bank Fsb 314 73%17%
  • 206%
  • (97,000 / $47,000)
  • 229%
  • (163,000 / $71,000)
3Citimortgage 234 75%11%
  • 172%
  • (155,000 / $90,000)
  • 218%
  • (197,000 / $90,000)
4Jpmorgan Chase Bank 231 79%14%
  • 250%
  • (40,000 / $16,000)
  • 172%
  • (107,000 / $62,000)
5Genworth Mortgage Insurance Co 207 56%0%
  • 230%
  • (161,000 / $70,000)
  • 204%
  • (170,000 / $83,000)
6Beneficial Company Llc 194 7%76%
  • 219%
  • (101,000 / $46,000)
  • 202%
  • (150,000 / $74,000)
7Countrywide Home Loans 173 78%15%
  • 221%
  • (73,000 / $33,000)
  • 173%
  • (120,000 / $69,000)
8Us Bank 157 73%15%
  • 196%
  • (210,000 / $107,000)
  • 208%
  • (127,000 / $61,000)
9Mortgage Guaranty Insurance Co 156 63%9%
  • 211%
  • (38,000 / $18,000)
  • 235%
  • (158,000 / $67,000)
10Bank Of America 151 74%16%
  • 235%
  • (92,000 / $39,000)
  • 220%
  • (121,000 / $55,000)
11Roundbank 149 82%10%
  • 117%
  • (27,000 / $23,000)
  • 213%
  • (130,000 / $61,000)
12First State Bank Of Wabasha 147 98%0%
  • 120%
  • (128,000 / $106,000)
  • 348%
  • (195,000 / $56,000)
13Agstar Financial Services 146 60%11%
  • 192%
  • (123,000 / $64,000)
  • 219%
  • (200,000 / $91,000)
14Affinity Plus Federal Credit U 144 61%9%
  • 108%
  • (38,000 / $35,000)
  • 190%
  • (38,000 / $20,000)
15Citifinancial Services Inc 136 34%40%
  • 159%
  • (35,000 / $22,000)
  • 153%
  • (40,000 / $26,000)
16Embrace Home Loans, 119 7%51%
  • 236%
  • (149,000 / $63,000)
  • 195%
  • (96,000 / $49,000)
17Think Mutual Bank 108 77%6%
  • 123%
  • (192,000 / $155,000)
  • 186%
  • (80,000 / $43,000)
18Wells Fargo Fin'l Minnesota 105 24%42%
  • 189%
  • (155,000 / $82,000)
  • 200%
  • (86,000 / $43,000)
19Us Bank North Dakota 103 28%45%
  • 115%
  • (128,000 / $111,000)
  • 200%
  • (126,000 / $63,000)
20Gmac Mortgage Llc 86 5%48%
  • 244%
  • (110,000 / $45,000)
  • 264%
  • (82,000 / $31,000)

Mcgregor, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 8,063
  2. Loan Applications Denied: 1,667
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 4,891
  5. % of Loan Applications Originated 60

Mcgregor, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history11
Collateral10
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Mcgregor, 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 - $100,0003,777 5921
$100,000 - $300,0003,961 6019
$300,000 - $500,000294 5916
$500,000 - $1,000,00023 6921
$1,000,000 - $1,500,0002 5050
$1,500,000 - $2,000,0005 2060
> $2,000,0001 1000

Mcgregor, 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 - $100,0006,735 5822
$100,000 - $300,0001,217 7112
$300,000 - $500,00072 7319
$500,000 - $1,000,00028 6017
$1,000,000 - $1,500,0004 1000
$1,500,000 - $2,000,0005 8020
> $2,000,0002 500

Loan to Income Ratios Research for Mortgage in Mcgregor, 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%40764 21
30 - 60%55759 23
60 - 100%86661 19
100 - 200%2,49965 16
200 - 300%2,01359 19
300 - 400%98457 23
> 400%73746 31

Mcgregor, 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 Dwelling7,013 5921
Not Owner-Occupied As A Principal Dwelling967 7015
Not Applicable14 717

Home Owner Property Type Statistics in Mcgregor, 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)7,118 6021
One To Four-Family674 694
Manufactured Housing271 5330
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