Top Nokay Lake, MN Mortgage Lenders

RankNokay Lake Mortgage LenderNokay Lake Home Loans ProcessedNokay Lake Home Loans ApprovedNokay Lake Home Loans DeniedNokay Lake Mortgage Median Loan to Income Ratio (LTR) for Approved LoansNokay Lake Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 374 65%13%
  • 185%
  • (399,000 Loan / $215,000 Income)
  • 223%
  • (190,000 Loan / $85,000 Income)
2Us Bank 138 82%9%
  • 232%
  • (165,000 / $71,000)
  • 269%
  • (197,000 / $73,000)
3Jpmorgan Chase Bank 92 89%10%
  • 267%
  • (267,000 / $100,000)
  • 281%
  • (124,000 / $44,000)
4Affinity Plus Federal Credit U 86 59%8%
  • 172%
  • (354,000 / $205,000)
  • 153%
  • (198,000 / $129,000)
5Countrywide Bank Fsb 74 72%21%
  • 274%
  • (107,000 / $39,000)
  • 362%
  • (196,000 / $54,000)
6Bank Of America 74 77%12%
  • 206%
  • (68,000 / $33,000)
  • 207%
  • (118,000 / $57,000)
7Citimortgage 50 74%12%
  • 177%
  • (80,000 / $45,000)
  • 263%
  • (245,000 / $93,000)
8Countrywide Home Loans 44 81%11%
  • 238%
  • (143,000 / $60,000)
  • 233%
  • (280,000 / $120,000)
9Mortgage Guaranty Insurance Co 38 63%5%
  • 250%
  • (135,000 / $54,000)
  • 105%
  • (57,000 / $54,000)
10Unity Bank 34 79%14%
  • 200%
  • (78,000 / $39,000)
  • 303%
  • (79,000 / $26,000)
11Us Bk Na Nd 27 55%29%
  • 128%
  • (131,000 / $102,000)
  • 213%
  • (156,000 / $73,000)
12Wells Fargo Funding 25 92%0%
  • 182%
  • (263,000 / $144,000)
0
13Beneficial Company Llc 24 4%87%
  • 486%
  • (224,000 / $46,000)
  • 335%
  • (171,000 / $51,000)
14Quicken Loans 22 54%45%
  • 253%
  • (104,000 / $41,000)
  • 357%
  • (229,000 / $64,000)
15Citibank 21 66%19%
  • 366%
  • (238,000 / $65,000)
  • 163%
  • (75,000 / $46,000)
16C.U. Mortgage Services, 21 52%9%
  • 164%
  • (188,000 / $114,000)
  • 463%
  • (88,000 / $19,000)
17United Guaranty Corporation 20 75%10%
  • 308%
  • (154,000 / $50,000)
  • 431%
  • (125,000 / $29,000)
18Bell America Mortgage Llc Dba 18 55%11%
  • 297%
  • (390,000 / $131,000)
  • 966%
  • (290,000 / $30,000)
19Us Bank North Dakota 16 43%43%
  • 162%
  • (65,000 / $40,000)
  • 165%
  • (78,000 / $47,000)
20Cmg Mortgage Insurance Co. 16 87%0%
  • 250%
  • (100,000 / $40,000)
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Nokay Lake, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,812
  2. Loan Applications Denied: 312
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 1,188
  5. % of Loan Applications Originated 65

Nokay Lake, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Debt-to-income ratio10
Credit history8
Unverifiable information2
Credit application incomplete2

Nokay Lake, 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 - $100,000401 5919
$100,000 - $300,0001,192 6616
$300,000 - $500,000193 6713
$500,000 - $1,000,00025 4032
$1,000,000 - $1,500,0001 1000

Nokay Lake, 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 - $100,0001,259 6219
$100,000 - $300,000473 7013
$300,000 - $500,00052 807
$500,000 - $1,000,00018 5016
$1,000,000 - $1,500,0002 1000
$1,500,000 - $2,000,0002 1000
> $2,000,0006 660

Loan to Income Ratios Research for Mortgage in Nokay Lake, 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%5359 20
30 - 60%7055 18
60 - 100%16971 9
100 - 200%48672 13
200 - 300%49665 17
300 - 400%28066 16
> 400%25849 28

Nokay Lake, 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 Dwelling1,317 6219
Not Owner-Occupied As A Principal Dwelling483 7312

Home Owner Property Type Statistics in Nokay Lake, 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)1,639 6517
One To Four-Family98 773
Manufactured Housing75 5024
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