Top Moe, MN Mortgage Lenders

RankMoe Mortgage LenderMoe Home Loans ProcessedMoe Home Loans ApprovedMoe Home Loans DeniedMoe Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMoe Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 575 73%11%
  • 201%
  • (226,000 Loan / $112,000 Income)
  • 225%
  • (320,000 Loan / $142,000 Income)
2Jpmorgan Chase Bank 273 87%11%
  • 245%
  • (182,000 / $74,000)
  • 234%
  • (303,000 / $129,000)
3Citimortgage 167 94%2%
  • 233%
  • (240,000 / $103,000)
  • 382%
  • (268,000 / $70,000)
4Countrywide Bank Fsb 150 78%14%
  • 210%
  • (143,000 / $68,000)
  • 257%
  • (67,000 / $26,000)
5State Bank & Trust 125 72%8%
  • 111%
  • (417,000 / $373,000)
  • 214%
  • (131,000 / $61,000)
6Us Bank 97 85%6%
  • 230%
  • (332,000 / $144,000)
  • 255%
  • (143,000 / $56,000)
7Citibank 73 73%12%
  • 122%
  • (262,000 / $214,000)
  • 150%
  • (80,000 / $53,000)
8Countrywide Home Loans 66 83%10%
  • 259%
  • (166,000 / $64,000)
  • 208%
  • (204,000 / $98,000)
9Bank Of America 63 68%17%
  • 180%
  • (130,000 / $72,000)
  • 234%
  • (190,000 / $81,000)
10Affinity Plus Federal Credit U 40 65%2%
  • 121%
  • (144,000 / $119,000)
  • 25%
  • (19,000 / $74,000)
11Washington Mutual Bank 38 73%21%
  • 252%
  • (414,000 / $164,000)
  • 323%
  • (417,000 / $129,000)
12Mortgage Guaranty Insurance Co 37 70%5%
  • 238%
  • (217,000 / $91,000)
  • 458%
  • (371,000 / $81,000)
13Merchants Bank 36 88%5%
  • 189%
  • (389,000 / $205,000)
  • 159%
  • (245,000 / $154,000)
14Genworth Mortgage Insurance Co 32 65%0%
  • 303%
  • (85,000 / $28,000)
0
15Amerisave Mortgage Corporation 31 41%22%
  • 208%
  • (372,000 / $178,000)
  • 333%
  • (140,000 / $42,000)
16Us Bank North Dakota 30 33%36%
  • 125%
  • (75,000 / $60,000)
  • 113%
  • (95,000 / $84,000)
17Quicken Loans 26 57%34%
  • 292%
  • (76,000 / $26,000)
  • 320%
  • (205,000 / $64,000)
18Beneficial Company Llc 25 4%80%
  • 170%
  • (181,000 / $106,000)
  • 227%
  • (209,000 / $92,000)
19Wells Fargo Funding 23 95%4% 0
  • 207%
  • (236,000 / $114,000)
20Us Bk Na Nd 23 65%30%
  • 142%
  • (40,000 / $28,000)
  • 115%
  • (51,000 / $44,000)

Moe, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,875
  2. Loan Applications Denied: 408
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 2,033
  5. % of Loan Applications Originated 70

Moe, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Debt-to-income ratio11
Credit history7
Credit application incomplete4
Unverifiable information2

Moe, 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 - $100,000621 6815
$100,000 - $300,0001,890 7014
$300,000 - $500,000333 7610
$500,000 - $1,000,00031 6032

Moe, 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 - $100,0001,967 6715
$100,000 - $300,000814 7411
$300,000 - $500,00073 865
$500,000 - $1,000,00017 875
$1,000,000 - $1,500,0004 1000

Loan to Income Ratios Research for Mortgage in Moe, 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%7670 19
30 - 60%12473 12
60 - 100%23867 12
100 - 200%84875 11
200 - 300%77970 13
300 - 400%45468 13
> 400%35657 23

Moe, 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 Dwelling2,296 6815
Not Owner-Occupied As A Principal Dwelling545 7910
Not Applicable7 5714

Home Owner Property Type Statistics in Moe, 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)2,687 7014
One To Four-Family141 712
Manufactured Housing47 5327
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