Top Parnell, MN Mortgage Lenders

RankParnell Mortgage LenderParnell Home Loans ProcessedParnell Home Loans ApprovedParnell Home Loans DeniedParnell Mortgage Median Loan to Income Ratio (LTR) for Approved LoansParnell Mortgage Median LTR for Denied Loans
1Bremer Bank Na (Grand Forks) 117 90%0%
  • 136%
  • (177,000 Loan / $130,000 Income)
  • 53%
  • (56,000 Loan / $105,000 Income)
2Alerus Financial 48 97%2%
  • 127%
  • (210,000 / $165,000)
  • 44%
  • (22,000 / $49,000)
3Wells Fargo Bank 42 57%30%
  • 220%
  • (192,000 / $87,000)
  • 235%
  • (120,000 / $51,000)
4Community Bank Of The Rrv 35 80%20%
  • 120%
  • (93,000 / $77,000)
  • 280%
  • (56,000 / $20,000)
5Jpmorgan Chase Bank 31 80%16%
  • 200%
  • (54,000 / $27,000)
  • 164%
  • (148,000 / $90,000)
6Frandsen Bank & Trust 31 83%3%
  • 178%
  • (203,000 / $114,000)
  • 194%
  • (99,000 / $51,000)
7American Federal Bank 28 92%7%
  • 140%
  • (145,000 / $103,000)
  • 193%
  • (155,000 / $80,000)
8Us Bank 27 70%14%
  • 181%
  • (127,000 / $70,000)
  • 221%
  • (157,000 / $71,000)
9Gate City Bank 24 66%12%
  • 140%
  • (152,000 / $108,000)
  • 238%
  • (62,000 / $26,000)
10Citimortgage 21 95%0%
  • 149%
  • (139,000 / $93,000)
0
11Mortgage Guaranty Insurance Co 15 93%6%
  • 195%
  • (184,000 / $94,000)
  • 110%
  • (138,000 / $125,000)
12Bank Of America 14 50%14%
  • 290%
  • (174,000 / $60,000)
  • 435%
  • (340,000 / $78,000)
13United Guaranty Corporation 12 83%0%
  • 250%
  • (95,000 / $38,000)
0
14Us Bk Na Nd 10 50%20%
  • 141%
  • (151,000 / $107,000)
  • 158%
  • (135,000 / $85,000)
15Citifinancial Services Inc 10 30%50%
  • 138%
  • (68,000 / $49,000)
  • 261%
  • (81,000 / $31,000)
16Us Bank North Dakota 9 33%33%
  • 100%
  • (93,000 / $93,000)
  • 179%
  • (140,000 / $78,000)
17Countrywide Bank Fsb 9 66%22%
  • 323%
  • (84,000 / $26,000)
  • 323%
  • (252,000 / $78,000)
18Genworth Mortgage Insurance Co 7 71%14%
  • 277%
  • (133,000 / $48,000)
  • 289%
  • (301,000 / $104,000)
19Merchants Bank 5 80%20%
  • 214%
  • (116,000 / $54,000)
  • 166%
  • (222,000 / $133,000)
20Hiway Federal Credit Union 5 60%20%
  • 155%
  • (98,000 / $63,000)
  • 295%
  • (59,000 / $20,000)

Parnell, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 614
  2. Loan Applications Denied: 85
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 456
  5. % of Loan Applications Originated 74

Parnell, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history11
Collateral9
Debt-to-income ratio5
Credit application incomplete2
Unverifiable information1

Parnell, 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 - $100,000276 7614
$100,000 - $300,000324 7312
$300,000 - $500,00013 3838
$500,000 - $1,000,0001 1000

Parnell, 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 - $100,000500 7214
$100,000 - $300,000109 7910
$300,000 - $500,0003 6633
$500,000 - $1,000,0002 500

Loan to Income Ratios Research for Mortgage in Parnell, 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%3487 5
30 - 60%4284 9
60 - 100%6482 10
100 - 200%21572 13
200 - 300%16773 12
300 - 400%5957 22
> 400%3363 24

Parnell, 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 Dwelling606 7314
Not Owner-Occupied As A Principal Dwelling8 1000

Home Owner Property Type Statistics in Parnell, 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)557 7314
One To Four-Family39 825
Manufactured Housing18 835
More Parnell, MN Mortgage Research: