Top Percy, MN Mortgage Lenders

RankPercy Mortgage LenderPercy Home Loans ProcessedPercy Home Loans ApprovedPercy Home Loans DeniedPercy Mortgage Median Loan to Income Ratio (LTR) for Approved LoansPercy Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 23 43%21%
  • 142%
  • (118,000 Loan / $83,000 Income)
  • 112%
  • (35,000 Loan / $31,000 Income)
2American Federal Bank 22 81%13%
  • 117%
  • (74,000 / $63,000)
  • 70%
  • (69,000 / $98,000)
3Citifinancial Services Inc 17 41%5%
  • 131%
  • (42,000 / $32,000)
  • 129%
  • (83,000 / $64,000)
4Prime Security Bank 16 81%18%
  • 57%
  • (49,000 / $85,000)
  • 100%
  • (15,000 / $15,000)
5Marshall Bank 13 92%7%
  • 133%
  • (40,000 / $30,000)
  • 64%
  • (20,000 / $31,000)
6Citimortgage 13 100%0%
  • 193%
  • (120,000 / $62,000)
0
7Us Bank 10 80%0%
  • 175%
  • (70,000 / $40,000)
0
8Genworth Mortgage Insurance Co 8 37%0%
  • 134%
  • (35,000 / $26,000)
0
9Bank Of America 7 71%28%
  • 365%
  • (150,000 / $41,000)
  • 220%
  • (121,000 / $55,000)
10Mortgage Guaranty Insurance Co 6 83%0%
  • 118%
  • (38,000 / $32,000)
0
11Jpmorgan Chase Bank 5 60%20%
  • 166%
  • (50,000 / $30,000)
  • 11%
  • (7,000 / $63,000)
12Citibank 5 80%20%
  • 185%
  • (158,000 / $85,000)
  • 131%
  • (84,000 / $64,000)
13First Suburban National Bank 4 25%25%
  • 229%
  • (257,000 / $112,000)
  • 144%
  • (210,000 / $145,000)
14E-Loan Inc 4 0%75% 0
  • 300%
  • (90,000 / $30,000)
15Wells Fargo Fin'l Minnesota 3 33%33%
  • 60%
  • (20,000 / $33,000)
  • 88%
  • (30,000 / $34,000)
16State Farm Bank 3 33%33%
  • 118%
  • (38,000 / $32,000)
  • 65%
  • (117,000 / $180,000)
17Countrywide Bank Fsb 3 100%0%
  • 148%
  • (40,000 / $27,000)
0
18Bremer Bank Na (Grand Forks) 3 33%0%
  • 203%
  • (175,000 / $86,000)
0
19Wells Fargo Funding 2 100%0% 0 0
20Valley Mortgage Inc 2 100%0%
  • 194%
  • (76,000 / $39,000)
0

Percy, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 229
  2. Loan Applications Denied: 35
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 146
  5. % of Loan Applications Originated 63

Percy, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history12
Collateral6
Debt-to-income ratio2
Unverifiable information1
Insufficient cash (downpayment, closing costs)1

Percy, 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 - $100,000167 6217
$100,000 - $300,00059 6310
$300,000 - $500,0001 1000
$500,000 - $1,000,0002 1000

Percy, 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 - $100,000203 6215
$100,000 - $300,00019 7215
$300,000 - $500,0005 1000
$500,000 - $1,000,0002 00

Loan to Income Ratios Research for Mortgage in Percy, 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%1464 14
30 - 60%1871 5
60 - 100%3859 15
100 - 200%10866 16
200 - 300%3351 15
300 - 400%1464 7
> 400%450 50

Percy, 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 Dwelling215 6315
Not Owner-Occupied As A Principal Dwelling13 767
Not Applicable1 00

Home Owner Property Type Statistics in Percy, 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)191 6316
One To Four-Family20 700
Manufactured Housing18 6116
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