Top Owens, MN Mortgage Lenders

RankOwens Mortgage LenderOwens Home Loans ProcessedOwens Home Loans ApprovedOwens Home Loans DeniedOwens Mortgage Median Loan to Income Ratio (LTR) for Approved LoansOwens Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 408 57%17%
  • 163%
  • (147,000 Loan / $90,000 Income)
  • 206%
  • (136,000 Loan / $66,000 Income)
2American Bank Of The North 363 71%20%
  • 134%
  • (232,000 / $173,000)
  • 183%
  • (163,000 / $89,000)
3Us Bank 143 71%20%
  • 203%
  • (362,000 / $178,000)
  • 257%
  • (134,000 / $52,000)
4Jpmorgan Chase Bank 93 77%21%
  • 242%
  • (204,000 / $84,000)
  • 218%
  • (216,000 / $99,000)
5Bank Of America 86 68%17%
  • 197%
  • (77,000 / $39,000)
  • 276%
  • (138,000 / $50,000)
6Consumer Loan Services Llc 84 82%7%
  • 309%
  • (297,000 / $96,000)
  • 161%
  • (124,000 / $77,000)
7Us Bank North Dakota 73 46%35%
  • 192%
  • (100,000 / $52,000)
  • 229%
  • (94,000 / $41,000)
8Countrywide Bank Fsb 65 58%26%
  • 228%
  • (192,000 / $84,000)
  • 229%
  • (142,000 / $62,000)
9Us Bk Na Nd 64 54%40%
  • 138%
  • (76,000 / $55,000)
  • 152%
  • (110,000 / $72,000)
10Phh Mortgage Corporation 55 80%1%
  • 196%
  • (100,000 / $51,000)
  • 112%
  • (136,000 / $121,000)
11Citimortgage 55 56%16%
  • 288%
  • (144,000 / $50,000)
  • 347%
  • (292,000 / $84,000)
12Freedom Mortgage Corp. 53 66%15%
  • 228%
  • (210,000 / $92,000)
  • 325%
  • (176,000 / $54,000)
13Queen City Federal Savings Ban 45 95%2%
  • 163%
  • (200,000 / $122,000)
  • 32%
  • (50,000 / $156,000)
14Affinity Plus Federal Credit U 41 73%2%
  • 110%
  • (71,000 / $64,000)
  • 72%
  • (70,000 / $96,000)
15Wells Fargo Funding 34 100%0% 0 0
16Frandsen Bank & Trust 34 91%2%
  • 138%
  • (371,000 / $267,000)
  • 173%
  • (80,000 / $46,000)
17Quicken Loans 31 61%29%
  • 211%
  • (150,000 / $71,000)
  • 310%
  • (360,000 / $116,000)
18Northern State Bank Of Virgini 30 100%0%
  • 170%
  • (116,000 / $68,000)
0
19Countrywide Home Loans 30 70%23%
  • 250%
  • (155,000 / $62,000)
  • 162%
  • (60,000 / $37,000)
20Agstar Financial Services 24 41%37%
  • 206%
  • (99,000 / $48,000)
  • 291%
  • (143,000 / $49,000)

Owens, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,816
  2. Loan Applications Denied: 531
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 1,843
  5. % of Loan Applications Originated 65

Owens, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral22
Debt-to-income ratio12
Credit history9
Credit application incomplete3
Unverifiable information2

Owens, 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 - $100,000878 6518
$100,000 - $300,0001,531 6518
$300,000 - $500,000348 6620
$500,000 - $1,000,00057 5424
$1,000,000 - $1,500,0001 0100
> $2,000,0001 0100

Owens, 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 - $100,0001,853 6220
$100,000 - $300,000809 6815
$300,000 - $500,000108 7611
$500,000 - $1,000,00037 7021
$1,000,000 - $1,500,0004 750
$1,500,000 - $2,000,0002 1000
> $2,000,0003 3366

Loan to Income Ratios Research for Mortgage in Owens, 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%10265 16
30 - 60%18069 16
60 - 100%32070 15
100 - 200%92470 15
200 - 300%66265 16
300 - 400%33759 21
> 400%29146 36

Owens, 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 Dwelling1,890 6220
Not Owner-Occupied As A Principal Dwelling909 7115
Not Applicable2 1000

Home Owner Property Type Statistics in Owens, 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)2,632 6519
One To Four-Family96 783
Manufactured Housing88 5330
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