Top North Branch, MN Mortgage Lenders

RankNorth Branch Mortgage LenderNorth Branch Home Loans ProcessedNorth Branch Home Loans ApprovedNorth Branch Home Loans DeniedNorth Branch Mortgage Median Loan to Income Ratio (LTR) for Approved LoansNorth Branch Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 812 59%20%
  • 235%
  • (158,000 Loan / $67,000 Income)
  • 232%
  • (158,000 Loan / $68,000 Income)
2Jpmorgan Chase Bank 271 84%11%
  • 271%
  • (307,000 / $113,000)
  • 269%
  • (280,000 / $104,000)
3Us Bank 266 75%11%
  • 276%
  • (312,000 / $113,000)
  • 302%
  • (127,000 / $42,000)
4Countrywide Bank Fsb 238 68%19%
  • 250%
  • (178,000 / $71,000)
  • 303%
  • (170,000 / $56,000)
5Citimortgage 231 78%9%
  • 272%
  • (207,000 / $76,000)
  • 264%
  • (230,000 / $87,000)
6Associated Bank 191 58%22%
  • 149%
  • (130,000 / $87,000)
  • 83%
  • (25,000 / $30,000)
7Affinity Plus Federal Credit U 147 63%7%
  • 82%
  • (71,000 / $86,000)
  • 287%
  • (201,000 / $70,000)
8Countrywide Home Loans 137 75%15%
  • 287%
  • (230,000 / $80,000)
  • 272%
  • (218,000 / $80,000)
9Bank Of America 135 77%14%
  • 278%
  • (159,000 / $57,000)
  • 290%
  • (276,000 / $95,000)
10Citibank 127 78%14%
  • 70%
  • (38,000 / $54,000)
  • 73%
  • (75,000 / $102,000)
11Wells Fargo Funding 123 98%0%
  • 224%
  • (130,000 / $58,000)
  • 269%
  • (417,000 / $155,000)
12Tcf National Bank 115 33%45%
  • 285%
  • (280,000 / $98,000)
  • 287%
  • (190,000 / $66,000)
13Mortgage Guaranty Insurance Co 106 73%8%
  • 328%
  • (92,000 / $28,000)
  • 264%
  • (230,000 / $87,000)
14First State Bank Of Wyoming 103 75%14%
  • 201%
  • (153,000 / $76,000)
  • 269%
  • (417,000 / $155,000)
15Us Bank North Dakota 92 39%31%
  • 109%
  • (48,000 / $44,000)
  • 254%
  • (275,000 / $108,000)
16Lake State Federal Credit Unio 92 21%30%
  • 214%
  • (225,000 / $105,000)
  • 330%
  • (228,000 / $69,000)
17Phh Home Loans 88 89%1%
  • 288%
  • (153,000 / $53,000)
  • 188%
  • (130,000 / $69,000)
18First Suburban National Bank 85 11%48%
  • 184%
  • (175,000 / $95,000)
  • 349%
  • (269,000 / $77,000)
19Genworth Mortgage Insurance Co 84 75%3%
  • 316%
  • (374,000 / $118,000)
  • 264%
  • (230,000 / $87,000)
20United Guaranty Corporation 81 69%2%
  • 330%
  • (387,000 / $117,000)
  • 363%
  • (302,000 / $83,000)

North Branch, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 6,673
  2. Loan Applications Denied: 1,280
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 4,164
  5. % of Loan Applications Originated 62

North Branch, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Credit history10
Debt-to-income ratio9
Credit application incomplete2
Unverifiable information1

North Branch, 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 - $100,0001,450 6022
$100,000 - $300,0004,843 6318
$300,000 - $500,000371 5422
$500,000 - $1,000,0009 2255

North Branch, 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 - $100,0005,500 6219
$100,000 - $300,0001,148 6018
$300,000 - $500,00017 4617
$500,000 - $1,000,0006 8216
$1,000,000 - $1,500,0002 050

Loan to Income Ratios Research for Mortgage in North Branch, 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%26058 26
30 - 60%37359 23
60 - 100%38158 19
100 - 200%1,25365 15
200 - 300%1,91163 18
300 - 400%1,47764 16
> 400%1,01854 25

North Branch, 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 Dwelling6,426 6219
Not Owner-Occupied As A Principal Dwelling215 5821
Not Applicable3 660

Home Owner Property Type Statistics in North Branch, 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)6,099 6120
One To Four-Family509 734
Manufactured Housing65 2949
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