Top Mora, MN Mortgage Lenders

RankMora Mortgage LenderMora Home Loans ProcessedMora Home Loans ApprovedMora Home Loans DeniedMora Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMora Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,029 63%16%
  • 203%
  • (244,000 Loan / $120,000 Income)
  • 173%
  • (243,000 Loan / $140,000 Income)
2Affinity Plus Federal Credit U 736 67%7%
  • 126%
  • (86,000 / $68,000)
  • 267%
  • (155,000 / $58,000)
3Jpmorgan Chase Bank 596 79%16%
  • 228%
  • (119,000 / $52,000)
  • 200%
  • (120,000 / $60,000)
4Citimortgage 444 79%9%
  • 196%
  • (124,000 / $63,000)
  • 271%
  • (348,000 / $128,000)
5Countrywide Bank Fsb 422 69%19%
  • 231%
  • (206,000 / $89,000)
  • 261%
  • (89,000 / $34,000)
6Us Bank 325 70%20%
  • 213%
  • (231,000 / $108,000)
  • 228%
  • (130,000 / $57,000)
7Beneficial Company Llc 309 7%76%
  • 201%
  • (121,000 / $60,000)
  • 213%
  • (145,000 / $68,000)
8Mortgage Guaranty Insurance Co 298 75%9%
  • 227%
  • (159,000 / $70,000)
  • 239%
  • (338,000 / $141,000)
9Countrywide Home Loans 280 73%18%
  • 200%
  • (86,000 / $43,000)
  • 209%
  • (256,000 / $122,000)
10Us Bank North Dakota 271 36%43%
  • 118%
  • (83,000 / $70,000)
  • 155%
  • (81,000 / $52,000)
11Genworth Mortgage Insurance Co 269 58%4%
  • 212%
  • (70,000 / $33,000)
  • 273%
  • (164,000 / $60,000)
12Bank Of America 268 74%16%
  • 225%
  • (135,000 / $60,000)
  • 220%
  • (139,000 / $63,000)
13Phh Mortgage Corporation 221 82%5%
  • 217%
  • (400,000 / $184,000)
  • 272%
  • (191,000 / $70,000)
14Citifinancial Services Inc 189 32%43%
  • 167%
  • (47,000 / $28,000)
  • 137%
  • (40,000 / $29,000)
15Embrace Home Loans, 174 9%39%
  • 194%
  • (37,000 / $19,000)
  • 257%
  • (175,000 / $68,000)
16Agstar Financial Services 162 66%8%
  • 205%
  • (249,000 / $121,000)
  • 260%
  • (130,000 / $50,000)
17United Guaranty Corporation 155 76%8%
  • 220%
  • (143,000 / $65,000)
  • 264%
  • (45,000 / $17,000)
18Wells Fargo Funding 153 99%0%
  • 222%
  • (216,000 / $97,000)
0
19Wells Fargo Fin'l Minnesota 152 17%48%
  • 201%
  • (378,000 / $188,000)
  • 223%
  • (170,000 / $76,000)
20Citibank 147 80%12%
  • 60%
  • (45,000 / $74,000)
  • 78%
  • (43,000 / $55,000)

Mora, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 14,094
  2. Loan Applications Denied: 2,686
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 8,870
  5. % of Loan Applications Originated 62

Mora, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history10
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Mora, 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 - $100,0005,611 6220
$100,000 - $300,0007,768 6217
$300,000 - $500,000658 5320
$500,000 - $1,000,00054 5333
$1,000,000 - $1,500,0002 1000
> $2,000,0001 1000

Mora, 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 - $100,00011,686 6119
$100,000 - $300,0002,240 6615
$300,000 - $500,000113 6615
$500,000 - $1,000,00037 5032
$1,000,000 - $1,500,00010 7030
$1,500,000 - $2,000,0002 500
> $2,000,0006 1000

Loan to Income Ratios Research for Mortgage in Mora, 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%56562 22
30 - 60%88860 21
60 - 100%1,28366 19
100 - 200%4,23865 16
200 - 300%3,72364 16
300 - 400%2,10760 18
> 400%1,29048 30

Mora, 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 Dwelling12,811 6219
Not Owner-Occupied As A Principal Dwelling1,190 6917
Not Applicable23 2639

Home Owner Property Type Statistics in Mora, 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)12,538 6219
One To Four-Family1,089 725
Manufactured Housing467 5229
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