Top Oak Lawn, MN Mortgage Lenders

RankOak Lawn Mortgage LenderOak Lawn Home Loans ProcessedOak Lawn Home Loans ApprovedOak Lawn Home Loans DeniedOak Lawn Mortgage Median Loan to Income Ratio (LTR) for Approved LoansOak Lawn Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 703 61%17%
  • 200%
  • (162,000 Loan / $81,000 Income)
  • 223%
  • (190,000 Loan / $85,000 Income)
2Us Bank 256 79%10%
  • 250%
  • (130,000 / $52,000)
  • 290%
  • (93,000 / $32,000)
3Jpmorgan Chase Bank 236 91%8%
  • 284%
  • (142,000 / $50,000)
  • 265%
  • (106,000 / $40,000)
4Affinity Plus Federal Credit U 212 58%8%
  • 152%
  • (32,000 / $21,000)
  • 243%
  • (100,000 / $41,000)
5Bank Of America 171 77%12%
  • 255%
  • (319,000 / $125,000)
  • 209%
  • (65,000 / $31,000)
6Countrywide Bank Fsb 156 71%17%
  • 238%
  • (143,000 / $60,000)
  • 316%
  • (98,000 / $31,000)
7Countrywide Home Loans 114 81%13%
  • 264%
  • (561,000 / $212,000)
  • 234%
  • (242,000 / $103,000)
8Citimortgage 112 82%7%
  • 200%
  • (66,000 / $33,000)
  • 263%
  • (245,000 / $93,000)
9Mortgage Guaranty Insurance Co 80 71%7%
  • 253%
  • (66,000 / $26,000)
  • 258%
  • (106,000 / $41,000)
10Beneficial Company Llc 59 6%84%
  • 189%
  • (72,000 / $38,000)
  • 245%
  • (49,000 / $20,000)
11Cmg Mortgage Insurance Co. 53 90%0%
  • 218%
  • (120,000 / $55,000)
0
12United Guaranty Corporation 51 68%9%
  • 272%
  • (128,000 / $47,000)
  • 196%
  • (112,000 / $57,000)
13Citibank 48 72%12%
  • 174%
  • (75,000 / $43,000)
  • 60%
  • (69,000 / $115,000)
14Citifinancial Services Inc 47 36%42%
  • 291%
  • (163,000 / $56,000)
  • 90%
  • (28,000 / $31,000)
15American National Bank Of Minn 47 91%2%
  • 94%
  • (49,000 / $52,000)
  • 507%
  • (132,000 / $26,000)
16Unity Bank 46 80%13%
  • 178%
  • (91,000 / $51,000)
  • 362%
  • (105,000 / $29,000)
17Us Bank North Dakota 45 33%44%
  • 129%
  • (122,000 / $94,000)
  • 240%
  • (180,000 / $75,000)
18Nationstar Mortgage Llc 43 48%27%
  • 322%
  • (87,000 / $27,000)
  • 272%
  • (368,000 / $135,000)
19Us Bk Na Nd 42 59%30%
  • 150%
  • (45,000 / $30,000)
  • 172%
  • (112,000 / $65,000)
20Bell America Mortgage Llc Dba 41 63%7%
  • 266%
  • (56,000 / $21,000)
  • 290%
  • (177,000 / $61,000)

Oak Lawn, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,878
  2. Loan Applications Denied: 686
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 2,492
  5. % of Loan Applications Originated 64

Oak Lawn, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Debt-to-income ratio9
Credit history8
Credit application incomplete3
Unverifiable information2

Oak Lawn, 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 - $100,0001,434 6218
$100,000 - $300,0002,190 6417
$300,000 - $500,000226 6514
$500,000 - $1,000,00027 4429
$1,000,000 - $1,500,0001 1000

Oak Lawn, 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 - $100,0003,141 6218
$100,000 - $300,000646 6815
$300,000 - $500,00060 7311
$500,000 - $1,000,00020 5020
$1,000,000 - $1,500,0003 1000
$1,500,000 - $2,000,0002 1000
> $2,000,0006 660

Loan to Income Ratios Research for Mortgage in Oak Lawn, 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%12760 22
30 - 60%18258 19
60 - 100%31066 15
100 - 200%94769 14
200 - 300%1,13266 16
300 - 400%67464 16
> 400%50648 27

Oak Lawn, 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 Dwelling3,200 6218
Not Owner-Occupied As A Principal Dwelling654 7114
Not Applicable5 400

Home Owner Property Type Statistics in Oak Lawn, 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)3,491 6318
One To Four-Family286 793
Manufactured Housing101 4924
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