Top Minden, MN Mortgage Lenders

RankMinden Mortgage LenderMinden Home Loans ProcessedMinden Home Loans ApprovedMinden Home Loans DeniedMinden Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMinden Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 784 67%17%
  • 214%
  • (131,000 Loan / $61,000 Income)
  • 220%
  • (190,000 Loan / $86,000 Income)
2Liberty Savings Bank Fsb 498 89%4%
  • 218%
  • (133,000 / $61,000)
  • 327%
  • (95,000 / $29,000)
3Bremer Bank Na (St Cloud) 254 82%4%
  • 237%
  • (301,000 / $127,000)
  • 69%
  • (23,000 / $33,000)
4Us Bank 160 81%9%
  • 210%
  • (135,000 / $64,000)
  • 282%
  • (110,000 / $39,000)
5Jpmorgan Chase Bank 157 86%10%
  • 207%
  • (158,000 / $76,000)
  • 202%
  • (144,000 / $71,000)
6Citimortgage 149 80%7%
  • 243%
  • (241,000 / $99,000)
  • 226%
  • (93,000 / $41,000)
7Phh Mortgage Corporation 139 87%1%
  • 220%
  • (143,000 / $65,000)
  • 290%
  • (58,000 / $20,000)
8Countrywide Bank Fsb 139 68%17%
  • 243%
  • (141,000 / $58,000)
  • 281%
  • (208,000 / $74,000)
9Mortgage Guaranty Insurance Co 132 84%3%
  • 300%
  • (144,000 / $48,000)
  • 315%
  • (161,000 / $51,000)
10Great River Federal Cu 120 43%37%
  • 81%
  • (49,000 / $60,000)
  • 207%
  • (87,000 / $42,000)
11Beneficial Company Llc 116 6%73%
  • 157%
  • (151,000 / $96,000)
  • 266%
  • (200,000 / $75,000)
12Bankvista 106 92%0%
  • 201%
  • (167,000 / $83,000)
  • 570%
  • (137,000 / $24,000)
13Affinity Plus Federal Credit U 91 62%6%
  • 134%
  • (163,000 / $121,000)
  • 217%
  • (100,000 / $46,000)
14Bank Of America 86 81%13%
  • 248%
  • (266,000 / $107,000)
  • 221%
  • (93,000 / $42,000)
15Countrywide Home Loans 85 82%12%
  • 235%
  • (174,000 / $74,000)
  • 233%
  • (168,000 / $72,000)
16Citibank 73 73%16%
  • 124%
  • (155,000 / $125,000)
  • 145%
  • (89,000 / $61,000)
17Genworth Mortgage Insurance Co 65 76%4%
  • 279%
  • (229,000 / $82,000)
  • 321%
  • (228,000 / $71,000)
18Us Bank North Dakota 61 34%29%
  • 145%
  • (61,000 / $42,000)
  • 207%
  • (114,000 / $55,000)
19Wells Fargo Funding 59 100%0%
  • 164%
  • (179,000 / $109,000)
0
20Clearpointe Capital 59 40%40%
  • 70%
  • (22,000 / $31,000)
  • 80%
  • (16,000 / $20,000)

Minden, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 5,003
  2. Loan Applications Denied: 814
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 3,437
  5. % of Loan Applications Originated 68

Minden, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history10
Collateral9
Debt-to-income ratio7
Credit application incomplete3
Unverifiable information1

Minden, 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 - $100,0001,521 6418
$100,000 - $300,0003,370 6914
$300,000 - $500,000107 5723
$500,000 - $1,000,0002 5050
$1,000,000 - $1,500,0003 6633

Minden, 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 - $100,0004,304 6816
$100,000 - $300,000655 7112
$300,000 - $500,00025 6416
$500,000 - $1,000,00010 3020
$1,000,000 - $1,500,0003 1000
$1,500,000 - $2,000,0003 1000
> $2,000,0003 990

Loan to Income Ratios Research for Mortgage in Minden, 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%19356 24
30 - 60%28463 18
60 - 100%42165 15
100 - 200%1,22371 13
200 - 300%1,52171 14
300 - 400%88970 14
> 400%47255 27

Minden, 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 Dwelling4,784 6816
Not Owner-Occupied As A Principal Dwelling202 6620
Not Applicable2 500

Home Owner Property Type Statistics in Minden, 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)4,513 6816
One To Four-Family383 804
Manufactured Housing107 4043
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