Top Munson, MN Mortgage Lenders

RankMunson Mortgage LenderMunson Home Loans ProcessedMunson Home Loans ApprovedMunson Home Loans DeniedMunson Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMunson Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 622 72%11%
  • 210%
  • (181,000 Loan / $86,000 Income)
  • 231%
  • (167,000 Loan / $72,000 Income)
2Liberty Savings Bank Fsb 403 93%1%
  • 238%
  • (186,000 / $78,000)
  • 169%
  • (159,000 / $94,000)
3State Bank Of Richmond 204 77%11%
  • 200%
  • (60,000 / $30,000)
  • 220%
  • (55,000 / $25,000)
4Us Bank 201 82%11%
  • 201%
  • (163,000 / $81,000)
  • 244%
  • (120,000 / $49,000)
5First Natl Bank Of Cold Spring 195 63%22%
  • 182%
  • (62,000 / $34,000)
  • 300%
  • (138,000 / $46,000)
6Jpmorgan Chase Bank 181 83%13%
  • 256%
  • (105,000 / $41,000)
  • 256%
  • (128,000 / $50,000)
7Central Minnesota Cu 180 78%4%
  • 121%
  • (90,000 / $74,000)
  • 263%
  • (145,000 / $55,000)
8Bremer Bank Na (St Cloud) 145 82%2%
  • 180%
  • (164,000 / $91,000)
  • 200%
  • (150,000 / $75,000)
9Central Mn Cu 131 64%11%
  • 205%
  • (146,000 / $71,000)
  • 130%
  • (60,000 / $46,000)
10Citimortgage 118 82%5%
  • 240%
  • (178,000 / $74,000)
  • 312%
  • (194,000 / $62,000)
11Countrywide Bank Fsb 92 79%10%
  • 308%
  • (111,000 / $36,000)
  • 323%
  • (168,000 / $52,000)
12Mortgage Guaranty Insurance Co 87 74%5%
  • 272%
  • (150,000 / $55,000)
  • 212%
  • (117,000 / $55,000)
13Phh Mortgage Corporation 86 82%2%
  • 239%
  • (225,000 / $94,000)
  • 372%
  • (82,000 / $22,000)
14Bank Of America 84 73%16%
  • 286%
  • (192,000 / $67,000)
  • 405%
  • (300,000 / $74,000)
15Wells Fargo Funding 75 97%2%
  • 248%
  • (174,000 / $70,000)
  • 340%
  • (225,000 / $66,000)
16Countrywide Home Loans 61 88%4%
  • 216%
  • (188,000 / $87,000)
  • 148%
  • (499,000 / $336,000)
17Beneficial Company Llc 61 8%72%
  • 198%
  • (119,000 / $60,000)
  • 318%
  • (175,000 / $55,000)
18Citibank 58 67%18%
  • 118%
  • (71,000 / $60,000)
  • 158%
  • (171,000 / $108,000)
19Affinity Plus Federal Credit U 52 71%1%
  • 124%
  • (97,000 / $78,000)
  • 650%
  • (195,000 / $30,000)
20Us Bank North Dakota 47 42%25%
  • 112%
  • (165,000 / $147,000)
  • 168%
  • (125,000 / $74,000)

Munson, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,856
  2. Loan Applications Denied: 661
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 3,489
  5. % of Loan Applications Originated 71

Munson, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Credit history10
Debt-to-income ratio9
Credit application incomplete3
Unverifiable information1

Munson, 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 - $100,0001,201 7113
$100,000 - $300,0003,333 7113
$300,000 - $500,000296 6914
$500,000 - $1,000,00026 4534

Munson, 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 - $100,0003,683 7015
$100,000 - $300,0001,083 758
$300,000 - $500,00058 6815
$500,000 - $1,000,00024 834
$1,000,000 - $1,500,0005 6020
$1,500,000 - $2,000,0001 00
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Munson, 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%14870 14
30 - 60%25376 9
60 - 100%43273 9
100 - 200%1,32374 11
200 - 300%1,41871 11
300 - 400%73872 13
> 400%54457 26

Munson, 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 Dwelling4,299 7114
Not Owner-Occupied As A Principal Dwelling523 7310
Not Applicable9 880

Home Owner Property Type Statistics in Munson, 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)4,535 7113
One To Four-Family237 764
Manufactured Housing84 6020
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