Top Minneiska, MN Mortgage Lenders

RankMinneiska Mortgage LenderMinneiska Home Loans ProcessedMinneiska Home Loans ApprovedMinneiska Home Loans DeniedMinneiska Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMinneiska Mortgage Median LTR for Denied Loans
1First State Bank Of Wabasha 91 95%3%
  • 164%
  • (150,000 Loan / $91,000 Income)
  • 117%
  • (60,000 Loan / $51,000 Income)
2Peoples State Bank Of Plainvie 63 95%4%
  • 153%
  • (120,000 / $78,000)
  • 242%
  • (160,000 / $66,000)
3Wells Fargo Bank 60 58%26%
  • 232%
  • (209,000 / $90,000)
  • 220%
  • (196,000 / $89,000)
4First National Bank Of Plainvi 54 96%3%
  • 129%
  • (131,000 / $101,000)
  • 170%
  • (75,000 / $44,000)
5Merchants Bank 45 62%15%
  • 241%
  • (176,000 / $73,000)
  • 350%
  • (112,000 / $32,000)
6Think Mutual Bank 34 50%11%
  • 142%
  • (360,000 / $252,000)
  • 165%
  • (147,000 / $89,000)
7Us Bank 20 70%25%
  • 200%
  • (132,000 / $66,000)
  • 372%
  • (190,000 / $51,000)
8Agstar Financial Services 20 70%0%
  • 262%
  • (368,000 / $140,000)
0
9Bank Of Alma 19 89%5%
  • 157%
  • (150,000 / $95,000)
  • 370%
  • (200,000 / $54,000)
10Affinity Plus Federal Credit U 18 66%5%
  • 49%
  • (40,000 / $81,000)
  • 328%
  • (220,000 / $67,000)
11Eastwood Bank 16 81%6%
  • 149%
  • (115,000 / $77,000)
  • 189%
  • (87,000 / $46,000)
12Citimortgage 16 93%0%
  • 236%
  • (135,000 / $57,000)
0
13Jpmorgan Chase Bank 15 73%20%
  • 238%
  • (167,000 / $70,000)
  • 673%
  • (202,000 / $30,000)
14Mayo Employees Federal Cu 14 85%14%
  • 42%
  • (55,000 / $128,000)
  • 246%
  • (96,000 / $39,000)
15Home Federal Savings Bank 14 64%14%
  • 126%
  • (90,000 / $71,000)
  • 394%
  • (225,000 / $57,000)
16Countrywide Bank Fsb 11 54%27%
  • 259%
  • (288,000 / $111,000)
  • 256%
  • (113,000 / $44,000)
17Citibank 11 63%18%
  • 250%
  • (133,000 / $53,000)
  • 144%
  • (75,000 / $52,000)
18Wells Fargo Fin'l Minnesota 8 0%50% 0
  • 328%
  • (92,000 / $28,000)
19Mortgage Guaranty Insurance Co 8 50%25%
  • 305%
  • (122,000 / $40,000)
  • 434%
  • (417,000 / $96,000)
20Beneficial Company Llc 8 12%87%
  • 178%
  • (148,000 / $83,000)
  • 255%
  • (115,000 / $45,000)

Minneiska, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 744
  2. Loan Applications Denied: 114
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 530
  5. % of Loan Applications Originated 71

Minneiska, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Debt-to-income ratio14
Credit history12
Unverifiable information4
Insufficient cash (downpayment, closing costs)2

Minneiska, 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 - $100,000254 7514
$100,000 - $300,000429 6816
$300,000 - $500,00055 699
$500,000 - $1,000,0006 1000

Minneiska, 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 - $100,000558 6817
$100,000 - $300,000172 7610
$300,000 - $500,0009 1000
$500,000 - $1,000,0003 1000
$1,000,000 - $1,500,0001 0100
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Minneiska, 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%5380 16
30 - 60%5489 5
60 - 100%7075 12
100 - 200%22069 12
200 - 300%17770 12
300 - 400%10862 21
> 400%6257 30

Minneiska, 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 Dwelling682 7115
Not Owner-Occupied As A Principal Dwelling62 7216

Home Owner Property Type Statistics in Minneiska, 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)683 7115
Manufactured Housing32 7121
One To Four-Family29 7213
More Minneiska, MN Mortgage Research: