Top Nicollet, MN Mortgage Lenders

RankNicollet Mortgage LenderNicollet Home Loans ProcessedNicollet Home Loans ApprovedNicollet Home Loans DeniedNicollet Mortgage Median Loan to Income Ratio (LTR) for Approved LoansNicollet Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,095 62%18%
  • 205%
  • (109,000 Loan / $53,000 Income)
  • 186%
  • (99,000 Loan / $53,000 Income)
2Jpmorgan Chase Bank 310 83%15%
  • 261%
  • (157,000 / $60,000)
  • 213%
  • (340,000 / $159,000)
3Countrywide Bank Fsb 279 71%16%
  • 243%
  • (100,000 / $41,000)
  • 222%
  • (89,000 / $40,000)
4Citimortgage 266 75%12%
  • 192%
  • (150,000 / $78,000)
  • 214%
  • (159,000 / $74,000)
5Affinity Plus Federal Credit U 256 71%5%
  • 94%
  • (128,000 / $135,000)
  • 236%
  • (104,000 / $44,000)
6Countrywide Home Loans 183 77%12%
  • 230%
  • (145,000 / $63,000)
  • 250%
  • (173,000 / $69,000)
7Genworth Mortgage Insurance Co 172 50%1%
  • 267%
  • (123,000 / $46,000)
  • 100%
  • (150,000 / $149,000)
8Agstar Financial Services 168 61%13%
  • 166%
  • (60,000 / $36,000)
  • 318%
  • (156,000 / $49,000)
9Bank Of America 166 61%19%
  • 257%
  • (147,000 / $57,000)
  • 200%
  • (245,000 / $122,000)
10Beneficial Company Llc 159 3%79%
  • 194%
  • (70,000 / $36,000)
  • 228%
  • (135,000 / $59,000)
11Us Bank 156 71%12%
  • 228%
  • (162,000 / $71,000)
  • 237%
  • (114,000 / $48,000)
12Mortgage Guaranty Insurance Co 154 64%10%
  • 246%
  • (74,000 / $30,000)
  • 272%
  • (180,000 / $66,000)
13Associated Bank 140 73%17%
  • 119%
  • (85,000 / $71,000)
  • 76%
  • (36,000 / $47,000)
14Us Bank North Dakota 127 32%48%
  • 135%
  • (46,000 / $34,000)
  • 186%
  • (166,000 / $89,000)
15Citifinancial Services Inc 124 37%41%
  • 141%
  • (41,000 / $29,000)
  • 209%
  • (44,000 / $21,000)
16Citibank 95 69%18%
  • 53%
  • (25,000 / $47,000)
  • 70%
  • (60,000 / $85,000)
17Embrace Home Loans, 89 5%39%
  • 240%
  • (113,000 / $47,000)
  • 317%
  • (111,000 / $35,000)
18Phh Mortgage Corporation 81 86%1%
  • 217%
  • (146,000 / $67,000)
  • 282%
  • (164,000 / $58,000)
19United Guaranty Corporation 80 82%3%
  • 275%
  • (275,000 / $100,000)
  • 234%
  • (68,000 / $29,000)
20Bell America Mortgage Llc Dba 77 57%2%
  • 294%
  • (100,000 / $34,000)
  • 446%
  • (183,000 / $41,000)

Nicollet, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 7,594
  2. Loan Applications Denied: 1,512
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 4,645
  5. % of Loan Applications Originated 61

Nicollet, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history10
Debt-to-income ratio7
Credit application incomplete3
Unverifiable information1

Nicollet, 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 - $100,0002,881 5822
$100,000 - $300,0004,406 6217
$300,000 - $500,000286 5620
$500,000 - $1,000,00018 6627
$1,000,000 - $1,500,0002 500
> $2,000,0001 0100

Nicollet, 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 - $100,0006,320 6020
$100,000 - $300,0001,179 6615
$300,000 - $500,00054 6922
$500,000 - $1,000,00032 4634
$1,000,000 - $1,500,0004 00
$1,500,000 - $2,000,0003 1000
> $2,000,0002 5050

Loan to Income Ratios Research for Mortgage in Nicollet, 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%34757 28
30 - 60%49658 25
60 - 100%66962 19
100 - 200%2,04664 16
200 - 300%2,07862 16
300 - 400%1,16760 19
> 400%79147 31

Nicollet, 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 Dwelling6,933 6019
Not Owner-Occupied As A Principal Dwelling599 6321
Not Applicable17 5211

Home Owner Property Type Statistics in Nicollet, 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)6,743 6020
One To Four-Family606 694
Manufactured Housing245 4729
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