Top North Ottawa, MN Mortgage Lenders

RankNorth Ottawa Mortgage LenderNorth Ottawa Home Loans ProcessedNorth Ottawa Home Loans ApprovedNorth Ottawa Home Loans DeniedNorth Ottawa Mortgage Median Loan to Income Ratio (LTR) for Approved LoansNorth Ottawa Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 69 59%18%
  • 177%
  • (112,000 Loan / $63,000 Income)
  • 241%
  • (152,000 Loan / $63,000 Income)
2First Hawaiian Bank 33 100%0%
  • 76%
  • (76,000 / $99,000)
0
3Jpmorgan Chase Bank 29 89%10%
  • 197%
  • (71,000 / $36,000)
  • 284%
  • (71,000 / $25,000)
4Beneficial Company Llc 17 0%76% 0
  • 219%
  • (158,000 / $72,000)
5Riverwood Bank 14 50%21%
  • 189%
  • (131,000 / $69,000)
  • 100%
  • (140,000 / $140,000)
6Affinity Plus Federal Credit U 10 60%0%
  • 182%
  • (84,000 / $46,000)
0
7Genworth Mortgage Insurance Co 9 66%11%
  • 234%
  • (190,000 / $81,000)
  • 130%
  • (47,000 / $36,000)
8Countrywide Bank Fsb 9 88%11%
  • 223%
  • (58,000 / $26,000)
  • 202%
  • (73,000 / $36,000)
9Countrywide Home Loans 8 62%37%
  • 251%
  • (113,000 / $45,000)
  • 393%
  • (59,000 / $15,000)
10Us Bank 7 100%0%
  • 230%
  • (83,000 / $36,000)
0
11Radian Guaranty 7 85%0%
  • 217%
  • (85,000 / $39,000)
0
12Quicken Loans 7 71%28%
  • 217%
  • (126,000 / $58,000)
  • 183%
  • (145,000 / $79,000)
13Mortgage Guaranty Insurance Co 7 85%0%
  • 160%
  • (125,000 / $78,000)
0
14Gmac Mortgage Llc 7 14%71%
  • 360%
  • (231,000 / $64,000)
  • 207%
  • (147,000 / $71,000)
15Citimortgage 7 85%0%
  • 468%
  • (225,000 / $48,000)
0
16Citifinancial Services Inc 7 28%28%
  • 142%
  • (74,000 / $52,000)
  • 91%
  • (31,000 / $34,000)
17Bank Of America 7 71%28%
  • 248%
  • (102,000 / $41,000)
  • 307%
  • (163,000 / $53,000)
18Washington Mutual Bank 6 33%66%
  • 224%
  • (130,000 / $58,000)
  • 395%
  • (166,000 / $42,000)
19State Bank & Trust 6 33%16%
  • 139%
  • (78,000 / $56,000)
  • 250%
  • (75,000 / $30,000)
20National City Bank 6 66%16%
  • 257%
  • (170,000 / $66,000)
  • 165%
  • (33,000 / $20,000)

North Ottawa, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 404
  2. Loan Applications Denied: 88
  3. % of Loan Applications Denied: 21
  4. # of Loan Originations: 240
  5. % of Loan Applications Originated 59

North Ottawa, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history10
Debt-to-income ratio9
Credit application incomplete3
Unverifiable information0

North Ottawa, 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 - $100,000252 5720
$100,000 - $300,000150 5924
$300,000 - $500,0001 1000
$500,000 - $1,000,0001 1000

North Ottawa, 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 - $100,000380 5722
$100,000 - $300,00023 8113
$500,000 - $1,000,0001 1000

Loan to Income Ratios Research for Mortgage in North Ottawa, 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%2152 28
30 - 60%3268 12
60 - 100%3461 20
100 - 200%14361 16
200 - 300%9557 25
300 - 400%5561 23
> 400%2433 41

North Ottawa, 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 Dwelling387 5921
Not Owner-Occupied As A Principal Dwelling16 5625

Home Owner Property Type Statistics in North Ottawa, 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)367 5823
One To Four-Family29 793
Manufactured Housing8 5025
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