Top Oak Park Heights, MN Mortgage Lenders

RankOak Park Heights Mortgage LenderOak Park Heights Home Loans ProcessedOak Park Heights Home Loans ApprovedOak Park Heights Home Loans DeniedOak Park Heights Mortgage Median Loan to Income Ratio (LTR) for Approved LoansOak Park Heights Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,400 66%13%
  • 205%
  • (113,000 Loan / $55,000 Income)
  • 231%
  • (299,000 Loan / $129,000 Income)
2Jpmorgan Chase Bank 352 88%9%
  • 241%
  • (150,000 / $62,000)
  • 203%
  • (264,000 / $130,000)
3Us Bank 293 75%13%
  • 244%
  • (352,000 / $144,000)
  • 281%
  • (93,000 / $33,000)
4Citimortgage 181 85%6%
  • 272%
  • (272,000 / $100,000)
  • 262%
  • (596,000 / $227,000)
5Bank Of America 155 83%9%
  • 209%
  • (346,000 / $165,000)
  • 263%
  • (316,000 / $120,000)
6The Business Bank 134 86%9%
  • 246%
  • (417,000 / $169,000)
  • 199%
  • (255,000 / $128,000)
7Lake Elmo Bank 133 66%16%
  • 168%
  • (135,000 / $80,000)
  • 198%
  • (153,000 / $77,000)
8Tcf National Bank 130 23%36%
  • 240%
  • (192,000 / $80,000)
  • 376%
  • (459,000 / $122,000)
9Central Bank 109 53%8%
  • 238%
  • (136,000 / $57,000)
  • 317%
  • (184,000 / $58,000)
10Citibank 108 71%14%
  • 202%
  • (389,000 / $192,000)
  • 131%
  • (108,000 / $82,000)
11Countrywide Bank Fsb 101 75%13%
  • 267%
  • (334,000 / $125,000)
  • 296%
  • (172,000 / $58,000)
12First State Bank And Trust 99 62%21%
  • 160%
  • (90,000 / $56,000)
  • 215%
  • (112,000 / $52,000)
13Us Bk Na Nd 92 59%27%
  • 120%
  • (140,000 / $116,000)
  • 160%
  • (133,000 / $83,000)
14Wells Fargo Funding 90 94%4%
  • 330%
  • (284,000 / $86,000)
  • 588%
  • (300,000 / $51,000)
15Affinity Plus Federal Credit U 86 65%2%
  • 186%
  • (316,000 / $169,000)
  • 400%
  • (417,000 / $104,000)
16Provident Funding Associates 85 72%21%
  • 269%
  • (385,000 / $143,000)
  • 325%
  • (234,000 / $72,000)
17Universal American Mtg. Co.Llc 83 71%20%
  • 313%
  • (320,000 / $102,000)
  • 425%
  • (187,000 / $44,000)
18Phh Home Loans 77 87%0%
  • 260%
  • (143,000 / $55,000)
0
19Countrywide Home Loans 58 84%10%
  • 293%
  • (720,000 / $245,000)
  • 243%
  • (190,000 / $78,000)
20Bell America Mortgage Llc Dba 58 58%0%
  • 309%
  • (167,000 / $54,000)
0

Oak Park Heights, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 5,970
  2. Loan Applications Denied: 793
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 4,114
  5. % of Loan Applications Originated 68

Oak Park Heights, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Debt-to-income ratio11
Credit history6
Credit application incomplete4
Unverifiable information3

Oak Park Heights, 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 - $100,000871 6417
$100,000 - $300,0003,511 6812
$300,000 - $500,0001,428 7310
$500,000 - $1,000,000144 4628
$1,000,000 - $1,500,00014 6428
$1,500,000 - $2,000,0002 0100

Oak Park Heights, 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 - $100,0003,284 6415
$100,000 - $300,0002,450 7310
$300,000 - $500,000161 6912
$500,000 - $1,000,00055 5918
$1,000,000 - $1,500,00011 7218
$1,500,000 - $2,000,0003 3333
> $2,000,0006 990

Loan to Income Ratios Research for Mortgage in Oak Park Heights, 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%18163 20
30 - 60%25467 15
60 - 100%42272 14
100 - 200%1,53374 9
200 - 300%1,76469 11
300 - 400%1,03666 13
> 400%78057 21

Oak Park Heights, 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 Dwelling5,691 6912
Not Owner-Occupied As A Principal Dwelling257 5820
Not Applicable4 750

Home Owner Property Type Statistics in Oak Park Heights, 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)5,734 6813
One To Four-Family232 755
Manufactured Housing4 050
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