Top Mickinock, MN Mortgage Lenders

RankMickinock Mortgage LenderMickinock Home Loans ProcessedMickinock Home Loans ApprovedMickinock Home Loans DeniedMickinock Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMickinock Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 73 46%30%
  • 184%
  • (140,000 Loan / $76,000 Income)
  • 177%
  • (126,000 Loan / $71,000 Income)
2Merchants Bank 36 91%5%
  • 194%
  • (70,000 / $36,000)
  • 251%
  • (88,000 / $35,000)
3Us Bank 34 67%23%
  • 206%
  • (165,000 / $80,000)
  • 274%
  • (151,000 / $55,000)
4Bank Of America 32 62%28%
  • 191%
  • (71,000 / $37,000)
  • 160%
  • (56,000 / $35,000)
5Jpmorgan Chase Bank 30 80%20%
  • 188%
  • (113,000 / $60,000)
  • 204%
  • (135,000 / $66,000)
6Embrace Home Loans, 28 21%25%
  • 268%
  • (86,000 / $32,000)
  • 202%
  • (85,000 / $42,000)
7Mortgage Guaranty Insurance Co 26 76%3%
  • 220%
  • (176,000 / $80,000)
  • 239%
  • (175,000 / $73,000)
8Genworth Mortgage Insurance Co 26 34%0%
  • 190%
  • (76,000 / $40,000)
0
9Countrywide Bank Fsb 20 55%30%
  • 104%
  • (45,000 / $43,000)
  • 255%
  • (153,000 / $60,000)
10Citimortgage 19 57%10%
  • 184%
  • (81,000 / $44,000)
  • 225%
  • (153,000 / $68,000)
11Quicken Loans 14 71%28%
  • 219%
  • (149,000 / $68,000)
  • 251%
  • (83,000 / $33,000)
12Affinity Plus Federal Credit U 14 57%7%
  • 87%
  • (75,000 / $86,000)
  • 133%
  • (64,000 / $48,000)
13Valley Mortgage Inc 13 84%0%
  • 239%
  • (127,000 / $53,000)
0
14Beneficial Company Llc 13 7%61%
  • 116%
  • (57,000 / $49,000)
  • 168%
  • (175,000 / $104,000)
15Hfc Company Llc 12 0%83% 0
  • 204%
  • (47,000 / $23,000)
16New Day Financial, Llc 11 9%54%
  • 150%
  • (105,000 / $70,000)
  • 231%
  • (104,000 / $45,000)
17Citifinancial Services Inc 10 50%20%
  • 128%
  • (67,000 / $52,000)
  • 250%
  • (65,000 / $26,000)
18Wells Fargo Funding 9 100%0% 0 0
19Gmac Mortgage Llc 9 0%55% 0
  • 211%
  • (150,000 / $71,000)
20Phh Mortgage Corporation 8 75%12%
  • 161%
  • (124,000 / $77,000)
  • 156%
  • (61,000 / $39,000)

Mickinock, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 652
  2. Loan Applications Denied: 164
  3. % of Loan Applications Denied: 25
  4. # of Loan Originations: 340
  5. % of Loan Applications Originated 52

Mickinock, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history10
Debt-to-income ratio5
Credit application incomplete3
Unverifiable information1

Mickinock, 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 - $100,000337 5125
$100,000 - $300,000313 5024
$300,000 - $500,0002 1000

Mickinock, 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 - $100,000601 5025
$100,000 - $300,00048 6612
$300,000 - $500,0002 5050
$500,000 - $1,000,0001 0100

Loan to Income Ratios Research for Mortgage in Mickinock, 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%1360 15
30 - 60%3141 38
60 - 100%5249 17
100 - 200%25557 21
200 - 300%19846 27
300 - 400%6355 20
> 400%4042 45

Mickinock, 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 Dwelling625 5125
Not Owner-Occupied As A Principal Dwelling24 5820
Not Applicable1 1000

Home Owner Property Type Statistics in Mickinock, 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)526 5027
One To Four-Family69 622
Manufactured Housing57 5928
More Mickinock, MN Mortgage Research: