Top North Oaks, MN Mortgage Lenders

RankNorth Oaks Mortgage LenderNorth Oaks Home Loans ProcessedNorth Oaks Home Loans ApprovedNorth Oaks Home Loans DeniedNorth Oaks Mortgage Median Loan to Income Ratio (LTR) for Approved LoansNorth Oaks Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 565 69%9%
  • 180%
  • (407,000 Loan / $225,000 Income)
  • 258%
  • (145,000 Loan / $56,000 Income)
2Us Bank 189 86%7%
  • 198%
  • (198,000 / $100,000)
  • 349%
  • (332,000 / $95,000)
3Jpmorgan Chase Bank 109 90%8%
  • 192%
  • (330,000 / $171,000)
  • 278%
  • (181,000 / $65,000)
4Citimortgage 72 80%8%
  • 182%
  • (548,000 / $300,000)
  • 404%
  • (417,000 / $103,000)
5Affinity Plus Federal Credit U 52 76%3%
  • 125%
  • (115,000 / $92,000)
  • 324%
  • (292,000 / $90,000)
6Provident Funding Associates 51 66%13%
  • 240%
  • (224,000 / $93,000)
  • 294%
  • (200,000 / $68,000)
7Wells Fargo Funding 44 95%4%
  • 208%
  • (315,000 / $151,000)
  • 156%
  • (218,000 / $139,000)
8Bank Of America 43 81%6%
  • 171%
  • (288,000 / $168,000)
  • 381%
  • (503,000 / $132,000)
9Us Bk Na Nd 40 50%35%
  • 186%
  • (714,000 / $382,000)
  • 328%
  • (500,000 / $152,000)
10Tcf National Bank 38 34%31%
  • 250%
  • (158,000 / $63,000)
  • 296%
  • (356,000 / $120,000)
11The Business Bank 35 97%2%
  • 204%
  • (250,000 / $122,000)
  • 285%
  • (417,000 / $146,000)
12Countrywide Bank Fsb 35 80%8%
  • 181%
  • (428,000 / $236,000)
  • 190%
  • (265,000 / $139,000)
13Citibank 35 88%5%
  • 153%
  • (230,000 / $150,000)
  • 425%
  • (417,000 / $98,000)
14Alerus Financial 28 96%0%
  • 167%
  • (250,000 / $149,000)
0
15Phh Home Loans 24 87%0%
  • 206%
  • (417,000 / $202,000)
0
16Ing Bank, Fsb 22 63%27%
  • 189%
  • (605,000 / $319,000)
  • 387%
  • (1,120,000 / $289,000)
17Bell America Mortgage Llc Dba 22 72%0%
  • 267%
  • (417,000 / $156,000)
0
18Us Bank North Dakota 20 40%30%
  • 210%
  • (441,000 / $210,000)
  • 400%
  • (500,000 / $125,000)
19Tradition Mortgage 20 100%0%
  • 130%
  • (250,000 / $191,000)
0
20Ally Bank 20 65%10%
  • 255%
  • (388,000 / $152,000)
  • 1513%
  • (454,000 / $30,000)

North Oaks, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,205
  2. Loan Applications Denied: 246
  3. % of Loan Applications Denied: 11
  4. # of Loan Originations: 1,607
  5. % of Loan Applications Originated 72

North Oaks, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Debt-to-income ratio16
Collateral15
Credit application incomplete6
Credit history5
Unverifiable information3

North Oaks, 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 - $100,000161 6016
$100,000 - $300,000765 7310
$300,000 - $500,0001,017 769
$500,000 - $1,000,000227 6117
$1,000,000 - $1,500,00026 5726
$1,500,000 - $2,000,0007 4228
> $2,000,0002 500

North Oaks, 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 - $100,000517 6416
$100,000 - $300,0001,295 7310
$300,000 - $500,000247 767
$500,000 - $1,000,000113 748
$1,000,000 - $1,500,00017 645
$1,500,000 - $2,000,00010 8010
> $2,000,0006 990

Loan to Income Ratios Research for Mortgage in North Oaks, 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%7664 19
30 - 60%11171 10
60 - 100%23774 8
100 - 200%66778 6
200 - 300%60475 7
300 - 400%32865 17
> 400%18253 29

North Oaks, 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 Dwelling2,151 7211
Not Owner-Occupied As A Principal Dwelling53 6716

Home Owner Property Type Statistics in North Oaks, 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)2,140 7211
One To Four-Family63 747
Manufactured Housing2 0100
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