Top Nordland, MN Mortgage Lenders

RankNordland Mortgage LenderNordland Home Loans ProcessedNordland Home Loans ApprovedNordland Home Loans DeniedNordland Mortgage Median Loan to Income Ratio (LTR) for Approved LoansNordland Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 176 65%13%
  • 188%
  • (175,000 Loan / $93,000 Income)
  • 295%
  • (133,000 Loan / $45,000 Income)
2Us Bank 91 84%7%
  • 196%
  • (189,000 / $96,000)
  • 182%
  • (142,000 / $78,000)
3Jpmorgan Chase Bank 66 92%7%
  • 306%
  • (193,000 / $63,000)
  • 142%
  • (334,000 / $235,000)
4Citimortgage 54 77%5%
  • 219%
  • (204,000 / $93,000)
  • 435%
  • (222,000 / $51,000)
5Members Cooperative Credit Uni 45 62%22%
  • 162%
  • (112,000 / $69,000)
  • 301%
  • (199,000 / $66,000)
6Beneficial Company Llc 45 2%75%
  • 150%
  • (101,000 / $67,000)
  • 222%
  • (158,000 / $71,000)
7Countrywide Bank Fsb 38 52%21%
  • 230%
  • (189,000 / $82,000)
  • 460%
  • (350,000 / $76,000)
8Phh Mortgage Corporation 27 88%3%
  • 302%
  • (130,000 / $43,000)
  • 280%
  • (171,000 / $61,000)
9Citibank 25 76%8%
  • 134%
  • (294,000 / $219,000)
  • 142%
  • (100,000 / $70,000)
10Affinity Plus Federal Credit U 23 73%4%
  • 120%
  • (228,000 / $189,000)
  • 262%
  • (126,000 / $48,000)
11Mortgage Guaranty Insurance Co 22 63%4%
  • 184%
  • (173,000 / $94,000)
  • 339%
  • (326,000 / $96,000)
12First National Bank Of Milaca 22 86%9%
  • 108%
  • (238,000 / $219,000)
  • 155%
  • (45,000 / $29,000)
13Wells Federal Bank 21 76%9%
  • 200%
  • (208,000 / $104,000)
  • 348%
  • (150,000 / $43,000)
14Bank Of America 21 90%4%
  • 240%
  • (96,000 / $40,000)
  • 287%
  • (184,000 / $64,000)
15Countrywide Home Loans 20 70%15%
  • 175%
  • (280,000 / $160,000)
  • 112%
  • (188,000 / $167,000)
16C.U. Mortgage Services, 20 50%5%
  • 358%
  • (190,000 / $53,000)
  • 470%
  • (113,000 / $24,000)
17Us Bk Na Nd 16 31%56%
  • 196%
  • (130,000 / $66,000)
  • 195%
  • (190,000 / $97,000)
18Woodlands National Bank 15 20%53%
  • 214%
  • (150,000 / $70,000)
  • 294%
  • (150,000 / $51,000)
19Tcf National Bank 12 41%25%
  • 125%
  • (160,000 / $127,000)
  • 220%
  • (110,000 / $50,000)
20Provident Funding Associates 12 50%41%
  • 297%
  • (119,000 / $40,000)
  • 177%
  • (195,000 / $110,000)

Nordland, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,315
  2. Loan Applications Denied: 243
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 829
  5. % of Loan Applications Originated 63

Nordland, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Debt-to-income ratio13
Credit history9
Unverifiable information1
Credit application incomplete1

Nordland, 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 - $100,000323 5822
$100,000 - $300,000878 6316
$300,000 - $500,000111 6821
$500,000 - $1,000,0003 660

Nordland, 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 - $100,000877 5921
$100,000 - $300,000382 6912
$300,000 - $500,00034 7211
$500,000 - $1,000,00019 735
$1,000,000 - $1,500,0001 0100
$1,500,000 - $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Nordland, 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%4656 30
30 - 60%7966 15
60 - 100%14763 16
100 - 200%38468 15
200 - 300%30461 14
300 - 400%17561 20
> 400%18050 30

Nordland, 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 Dwelling852 5721
Not Owner-Occupied As A Principal Dwelling437 7213

Home Owner Property Type Statistics in Nordland, 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)1,166 6318
Manufactured Housing90 5527
One To Four-Family59 665
More Nordland, MN Mortgage Research: