Top Nashville, MN Mortgage Lenders

RankNashville Mortgage LenderNashville Home Loans ProcessedNashville Home Loans ApprovedNashville Home Loans DeniedNashville Mortgage Median Loan to Income Ratio (LTR) for Approved LoansNashville Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 121 55%20%
  • 140%
  • (104,000 Loan / $74,000 Income)
  • 196%
  • (65,000 Loan / $33,000 Income)
2Agstar Financial Services 78 69%6%
  • 194%
  • (103,000 / $53,000)
  • 325%
  • (345,000 / $106,000)
3Wells Federal Bank 55 58%25%
  • 163%
  • (49,000 / $30,000)
  • 166%
  • (50,000 / $30,000)
4First Farmers & Merchants Natl 37 81%13%
  • 100%
  • (136,000 / $136,000)
  • 242%
  • (102,000 / $42,000)
5Mortgage Guaranty Insurance Co 29 48%13%
  • 175%
  • (165,000 / $94,000)
  • 330%
  • (165,000 / $50,000)
6Jpmorgan Chase Bank 25 60%28%
  • 214%
  • (45,000 / $21,000)
  • 172%
  • (107,000 / $62,000)
7Us Bank North Dakota 24 58%37%
  • 125%
  • (68,000 / $54,000)
  • 114%
  • (39,000 / $34,000)
8Citifinancial Services Inc 24 29%54%
  • 222%
  • (40,000 / $18,000)
  • 190%
  • (95,000 / $50,000)
9Embrace Home Loans, 23 4%52%
  • 282%
  • (48,000 / $17,000)
  • 195%
  • (96,000 / $49,000)
10Wells Fargo Fin'l Minnesota 20 50%30%
  • 219%
  • (134,000 / $61,000)
  • 250%
  • (75,000 / $30,000)
11Countrywide Home Loans 19 63%26%
  • 218%
  • (35,000 / $16,000)
  • 224%
  • (56,000 / $25,000)
12Citimortgage 19 73%15%
  • 323%
  • (152,000 / $47,000)
  • 169%
  • (110,000 / $65,000)
13Countrywide Bank Fsb 18 77%11%
  • 132%
  • (86,000 / $65,000)
  • 202%
  • (97,000 / $48,000)
14Bank Of America 17 70%23%
  • 115%
  • (66,000 / $57,000)
  • 146%
  • (85,000 / $58,000)
15Hfc Company Llc 15 0%93% 0
  • 137%
  • (85,000 / $62,000)
16Beneficial Company Llc 14 0%92% 0
  • 137%
  • (84,000 / $61,000)
17Us Bank 12 66%16%
  • 165%
  • (96,000 / $58,000)
  • 385%
  • (189,000 / $49,000)
18Us Bk Na Nd 10 70%30%
  • 126%
  • (53,000 / $42,000)
  • 135%
  • (87,000 / $64,000)
19United Guaranty Corporation 10 70%0%
  • 184%
  • (96,000 / $52,000)
0
20E-Loan Inc 10 10%70%
  • 393%
  • (63,000 / $16,000)
  • 95%
  • (40,000 / $42,000)

Nashville, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 840
  2. Loan Applications Denied: 219
  3. % of Loan Applications Denied: 26
  4. # of Loan Originations: 441
  5. % of Loan Applications Originated 52

Nashville, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history14
Collateral13
Debt-to-income ratio9
Unverifiable information1
Credit application incomplete1

Nashville, 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 - $100,000526 5026
$100,000 - $300,000301 5523
$300,000 - $500,00013 753

Nashville, 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 - $100,000751 5127
$100,000 - $300,00080 5912
$300,000 - $500,0006 6616
$500,000 - $1,000,0003 066

Loan to Income Ratios Research for Mortgage in Nashville, 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%3056 20
30 - 60%7345 27
60 - 100%10057 24
100 - 200%31657 24
200 - 300%18149 24
300 - 400%9146 35
> 400%4934 32

Nashville, 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 Dwelling814 5226
Not Owner-Occupied As A Principal Dwelling21 769

Home Owner Property Type Statistics in Nashville, 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)766 5227
One To Four-Family68 558
Manufactured Housing6 5050
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