Top Moran, MN Mortgage Lenders

RankMoran Mortgage LenderMoran Home Loans ProcessedMoran Home Loans ApprovedMoran Home Loans DeniedMoran Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMoran Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 167 55%23%
  • 197%
  • (87,000 Loan / $44,000 Income)
  • 271%
  • (144,000 Loan / $53,000 Income)
2Jpmorgan Chase Bank 92 75%18%
  • 278%
  • (53,000 / $19,000)
  • 275%
  • (80,000 / $29,000)
3Countrywide Bank Fsb 57 61%28%
  • 215%
  • (181,000 / $84,000)
  • 346%
  • (173,000 / $50,000)
4Unity Bank 54 75%20%
  • 185%
  • (100,000 / $54,000)
  • 115%
  • (45,000 / $39,000)
5Affinity Plus Federal Credit U 54 57%14%
  • 122%
  • (83,000 / $68,000)
  • 211%
  • (55,000 / $26,000)
6Beneficial Company Llc 44 6%77%
  • 211%
  • (171,000 / $81,000)
  • 203%
  • (163,000 / $80,000)
7Countrywide Home Loans 42 64%21%
  • 202%
  • (69,000 / $34,000)
  • 209%
  • (65,000 / $31,000)
8Us Bank 41 73%19%
  • 204%
  • (102,000 / $50,000)
  • 218%
  • (155,000 / $71,000)
9Agstar Financial Services 39 64%12%
  • 198%
  • (157,000 / $79,000)
  • 101%
  • (64,000 / $63,000)
10First Hawaiian Bank 37 89%10%
  • 109%
  • (36,000 / $33,000)
  • 122%
  • (65,000 / $53,000)
11Citimortgage 34 73%8%
  • 225%
  • (124,000 / $55,000)
  • 179%
  • (115,000 / $64,000)
12Bank Of America 34 82%8%
  • 257%
  • (245,000 / $95,000)
  • 357%
  • (250,000 / $70,000)
13Citifinancial Services Inc 28 21%53%
  • 329%
  • (79,000 / $24,000)
  • 176%
  • (46,000 / $26,000)
14American Heritage Natl Bank 27 88%3%
  • 84%
  • (49,000 / $58,000)
  • 52%
  • (30,000 / $57,000)
15Us Bank North Dakota 24 20%41%
  • 286%
  • (66,000 / $23,000)
  • 304%
  • (131,000 / $43,000)
16Central Minnesota Cu 24 83%0%
  • 103%
  • (30,000 / $29,000)
0
17Embrace Home Loans, 21 9%66%
  • 421%
  • (80,000 / $19,000)
  • 208%
  • (225,000 / $108,000)
18Wells Fargo Fin'l Minnesota 19 31%42%
  • 260%
  • (91,000 / $35,000)
  • 289%
  • (81,000 / $28,000)
19Washington Mutual Bank 19 78%15%
  • 251%
  • (108,000 / $43,000)
  • 232%
  • (93,000 / $40,000)
20Citibank 19 73%15%
  • 36%
  • (100,000 / $273,000)
  • 46%
  • (35,000 / $75,000)

Moran, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,529
  2. Loan Applications Denied: 361
  3. % of Loan Applications Denied: 23
  4. # of Loan Originations: 883
  5. % of Loan Applications Originated 57

Moran, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Credit history13
Debt-to-income ratio10
Credit application incomplete3
Unverifiable information2

Moran, 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 - $100,000800 6223
$100,000 - $300,000708 5124
$300,000 - $500,00019 4626
$500,000 - $1,000,0002 500

Moran, 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 - $100,0001,385 5623
$100,000 - $300,000135 6219
$300,000 - $500,0007 7128
$500,000 - $1,000,0002 5050

Loan to Income Ratios Research for Mortgage in Moran, 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%6458 31
30 - 60%9863 25
60 - 100%14956 20
100 - 200%41564 20
200 - 300%39956 19
300 - 400%22855 26
> 400%17639 36

Moran, 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 Dwelling1,389 5723
Not Owner-Occupied As A Principal Dwelling128 6021
Not Applicable5 8020

Home Owner Property Type Statistics in Moran, 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)1,400 5624
One To Four-Family81 773
Manufactured Housing48 5037
More Moran, MN Mortgage Research: