Top Munch, MN Mortgage Lenders

RankMunch Mortgage LenderMunch Home Loans ProcessedMunch Home Loans ApprovedMunch Home Loans DeniedMunch Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMunch Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 214 57%16%
  • 208%
  • (50,000 Loan / $24,000 Income)
  • 234%
  • (122,000 Loan / $52,000 Income)
2Lake State Federal Credit Unio 136 22%26%
  • 223%
  • (85,000 / $38,000)
  • 317%
  • (92,000 / $29,000)
3Northview Bank 118 50%27%
  • 144%
  • (120,000 / $83,000)
  • 236%
  • (97,000 / $41,000)
4Us Bank 112 64%27%
  • 215%
  • (110,000 / $51,000)
  • 234%
  • (103,000 / $44,000)
5Northwoods Bank Of Minnesota 96 59%17%
  • 148%
  • (73,000 / $49,000)
  • 281%
  • (138,000 / $49,000)
6Jpmorgan Chase Bank 86 76%17%
  • 273%
  • (142,000 / $52,000)
  • 288%
  • (225,000 / $78,000)
7Phh Mortgage Corporation 65 90%0%
  • 217%
  • (165,000 / $76,000)
0
8Woodlands National Bank 63 38%44%
  • 175%
  • (114,000 / $65,000)
  • 249%
  • (252,000 / $101,000)
9Citimortgage 61 78%8%
  • 278%
  • (192,000 / $69,000)
  • 284%
  • (108,000 / $38,000)
10Bank Of America 55 52%36%
  • 297%
  • (143,000 / $48,000)
  • 323%
  • (110,000 / $34,000)
11Us Bk Na Nd 52 50%46%
  • 135%
  • (100,000 / $74,000)
  • 114%
  • (40,000 / $35,000)
12Affinity Plus Federal Credit U 52 67%5%
  • 95%
  • (90,000 / $94,000)
  • 239%
  • (158,000 / $66,000)
13Us Bank North Dakota 49 34%53%
  • 157%
  • (60,000 / $38,000)
  • 151%
  • (50,000 / $33,000)
14Countrywide Bank Fsb 47 61%27%
  • 247%
  • (151,000 / $61,000)
  • 254%
  • (221,000 / $87,000)
15Rural American Bank 45 93%2%
  • 212%
  • (117,000 / $55,000)
  • 260%
  • (125,000 / $48,000)
16Citibank 43 79%11%
  • 150%
  • (169,000 / $112,000)
  • 89%
  • (75,000 / $84,000)
17Agstar Financial Services 43 41%11%
  • 217%
  • (63,000 / $29,000)
  • 388%
  • (233,000 / $60,000)
18Mortgage Guaranty Insurance Co 34 67%11%
  • 236%
  • (116,000 / $49,000)
  • 286%
  • (152,000 / $53,000)
19Unity Bank 32 81%15%
  • 212%
  • (117,000 / $55,000)
  • 195%
  • (190,000 / $97,000)
20Stearns Bank Na 32 65%15%
  • 215%
  • (112,000 / $52,000)
  • 260%
  • (60,000 / $23,000)

Munch, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,484
  2. Loan Applications Denied: 591
  3. % of Loan Applications Denied: 23
  4. # of Loan Originations: 1,372
  5. % of Loan Applications Originated 55

Munch, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral17
Credit history15
Debt-to-income ratio13
Credit application incomplete3
Unverifiable information1

Munch, 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 - $100,000875 5525
$100,000 - $300,0001,533 5422
$300,000 - $500,00070 3934
$500,000 - $1,000,0003 1000
$1,000,000 - $1,500,0003 1000

Munch, 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 - $100,0002,064 5423
$100,000 - $300,000394 5322
$300,000 - $500,00018 5438
$500,000 - $1,000,0006 490
$1,000,000 - $1,500,0001 0100
> $2,000,0001 0100

Loan to Income Ratios Research for Mortgage in Munch, 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%9451 29
30 - 60%15755 22
60 - 100%21462 18
100 - 200%61258 20
200 - 300%67258 22
300 - 400%39752 24
> 400%33839 34

Munch, 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 Dwelling2,156 5424
Not Owner-Occupied As A Principal Dwelling301 6121
Not Applicable5 6040

Home Owner Property Type Statistics in Munch, 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)2,197 5523
Manufactured Housing167 4536
One To Four-Family120 698
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