Top Pickerel Lake, MN Mortgage Lenders

RankPickerel Lake Mortgage LenderPickerel Lake Home Loans ProcessedPickerel Lake Home Loans ApprovedPickerel Lake Home Loans DeniedPickerel Lake Mortgage Median Loan to Income Ratio (LTR) for Approved LoansPickerel Lake Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 204 58%20%
  • 190%
  • (84,000 Loan / $44,000 Income)
  • 130%
  • (81,000 Loan / $62,000 Income)
2Agstar Financial Services 75 72%10%
  • 210%
  • (120,000 / $57,000)
  • 174%
  • (117,000 / $67,000)
3Wells Federal Bank 73 67%17%
  • 155%
  • (230,000 / $148,000)
  • 185%
  • (100,000 / $54,000)
4Jpmorgan Chase Bank 49 77%20%
  • 247%
  • (52,000 / $21,000)
  • 223%
  • (76,000 / $34,000)
5Home Federal Savings Bank 44 61%22%
  • 156%
  • (188,000 / $120,000)
  • 176%
  • (152,000 / $86,000)
6Us Bank North Dakota 38 28%55%
  • 90%
  • (48,000 / $53,000)
  • 154%
  • (77,000 / $50,000)
7Mortgage Guaranty Insurance Co 30 63%13%
  • 225%
  • (61,000 / $27,000)
  • 244%
  • (127,000 / $52,000)
8Beneficial Company Llc 28 10%85%
  • 180%
  • (141,000 / $78,000)
  • 228%
  • (135,000 / $59,000)
9Citifinancial Services Inc 26 23%50%
  • 173%
  • (120,000 / $69,000)
  • 178%
  • (59,000 / $33,000)
10Citimortgage 25 84%4%
  • 177%
  • (172,000 / $97,000)
  • 780%
  • (78,000 / $10,000)
11Wells Fargo Fin'l Minnesota 20 25%65%
  • 190%
  • (82,000 / $43,000)
  • 166%
  • (105,000 / $63,000)
12Genworth Mortgage Insurance Co 19 42%10%
  • 191%
  • (92,000 / $48,000)
  • 276%
  • (58,000 / $21,000)
13Citibank 18 77%16%
  • 378%
  • (106,000 / $28,000)
  • 235%
  • (73,000 / $31,000)
14Countrywide Bank Fsb 17 88%11%
  • 206%
  • (103,000 / $50,000)
  • 215%
  • (140,000 / $65,000)
15Us Bk Na Nd 14 50%35%
  • 93%
  • (15,000 / $16,000)
  • 156%
  • (116,000 / $74,000)
16Us Bank 13 76%0%
  • 225%
  • (106,000 / $47,000)
0
17The Business Bank 13 100%0%
  • 185%
  • (139,000 / $75,000)
0
18Republic Mortgage Insurance Co 13 69%15%
  • 275%
  • (160,000 / $58,000)
  • 253%
  • (81,000 / $32,000)
19Countrywide Home Loans 13 69%7%
  • 167%
  • (62,000 / $37,000)
  • 276%
  • (58,000 / $21,000)
20Wells Fargo Funding 11 100%0%
  • 181%
  • (98,000 / $54,000)
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Pickerel Lake, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,028
  2. Loan Applications Denied: 243
  3. % of Loan Applications Denied: 23
  4. # of Loan Originations: 604
  5. % of Loan Applications Originated 58

Pickerel Lake, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history13
Collateral8
Debt-to-income ratio7
Credit application incomplete3
Unverifiable information0

Pickerel Lake, 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 - $100,000503 5528
$100,000 - $300,000490 6118
$300,000 - $500,00032 4915
$500,000 - $1,000,0002 0100
> $2,000,0001 1000

Pickerel Lake, 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 - $100,000824 5626
$100,000 - $300,000193 6213
$300,000 - $500,0008 620
$500,000 - $1,000,0002 050
$1,000,000 - $1,500,0001 00

Loan to Income Ratios Research for Mortgage in Pickerel Lake, 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%3745 35
30 - 60%5656 26
60 - 100%8556 25
100 - 200%37662 19
200 - 300%30056 23
300 - 400%11363 16
> 400%6145 45

Pickerel Lake, 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 Dwelling987 5824
Not Owner-Occupied As A Principal Dwelling36 6311

Home Owner Property Type Statistics in Pickerel Lake, 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)937 5824
One To Four-Family89 6210
Manufactured Housing2 1000
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