Top Pierz, MN Mortgage Lenders

RankPierz Mortgage LenderPierz Home Loans ProcessedPierz Home Loans ApprovedPierz Home Loans DeniedPierz Mortgage Median Loan to Income Ratio (LTR) for Approved LoansPierz Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,195 67%13%
  • 212%
  • (198,000 Loan / $93,000 Income)
  • 180%
  • (108,000 Loan / $60,000 Income)
2Jpmorgan Chase Bank 161 82%14%
  • 242%
  • (85,000 / $35,000)
  • 242%
  • (63,000 / $26,000)
3Countrywide Bank Fsb 141 76%14%
  • 230%
  • (240,000 / $104,000)
  • 331%
  • (252,000 / $76,000)
4Citimortgage 126 80%8%
  • 247%
  • (302,000 / $122,000)
  • 300%
  • (72,000 / $24,000)
5Affinity Plus Federal Credit U 123 64%11%
  • 120%
  • (116,000 / $96,000)
  • 291%
  • (131,000 / $45,000)
6American Bank Of The North 117 82%11%
  • 109%
  • (35,000 / $32,000)
  • 150%
  • (15,000 / $10,000)
7Us Bank North Dakota 111 40%41%
  • 98%
  • (77,000 / $78,000)
  • 109%
  • (47,000 / $43,000)
8Mortgage Guaranty Insurance Co 107 70%6%
  • 258%
  • (124,000 / $48,000)
  • 269%
  • (202,000 / $75,000)
9Us Bank 97 81%11%
  • 243%
  • (78,000 / $32,000)
  • 318%
  • (137,000 / $43,000)
10Countrywide Home Loans 88 76%18%
  • 171%
  • (84,000 / $49,000)
  • 270%
  • (46,000 / $17,000)
11Genworth Mortgage Insurance Co 85 64%2%
  • 226%
  • (102,000 / $45,000)
  • 124%
  • (122,000 / $98,000)
12Wells Fargo Fin'l Minnesota 77 23%57%
  • 296%
  • (231,000 / $78,000)
  • 286%
  • (172,000 / $60,000)
13Tcf National Bank 75 61%20%
  • 190%
  • (101,000 / $53,000)
  • 221%
  • (365,000 / $165,000)
14Embrace Home Loans, 72 5%47%
  • 237%
  • (133,000 / $56,000)
  • 269%
  • (175,000 / $65,000)
15Beneficial Company Llc 72 4%83%
  • 162%
  • (39,000 / $24,000)
  • 251%
  • (194,000 / $77,000)
16Wells Federal Bank 71 66%5%
  • 175%
  • (167,000 / $95,000)
  • 250%
  • (70,000 / $28,000)
17Bank Of America 70 75%14%
  • 254%
  • (117,000 / $46,000)
  • 333%
  • (120,000 / $36,000)
18Phh Mortgage Corporation 68 86%0%
  • 197%
  • (203,000 / $103,000)
0
19Wells Fargo Funding 62 100%0%
  • 192%
  • (100,000 / $52,000)
0
20Farmers & Merchants State Bank 60 88%8%
  • 146%
  • (72,000 / $49,000)
  • 144%
  • (100,000 / $69,000)

Pierz, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,938
  2. Loan Applications Denied: 898
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 3,243
  5. % of Loan Applications Originated 65

Pierz, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history11
Collateral10
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Pierz, 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 - $100,0001,814 6121
$100,000 - $300,0002,923 6715
$300,000 - $500,000183 5624
$500,000 - $1,000,00017 5229
$1,000,000 - $1,500,0001 1000

Pierz, 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 - $100,0004,118 6419
$100,000 - $300,000780 6913
$300,000 - $500,00025 6812
$500,000 - $1,000,00012 838
$1,000,000 - $1,500,0003 3333

Loan to Income Ratios Research for Mortgage in Pierz, 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%22161 27
30 - 60%28862 20
60 - 100%40061 21
100 - 200%1,29869 15
200 - 300%1,46968 14
300 - 400%77763 18
> 400%48550 30

Pierz, 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 Dwelling4,678 6518
Not Owner-Occupied As A Principal Dwelling227 7314
Not Applicable16 756

Home Owner Property Type Statistics in Pierz, 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)4,424 6519
One To Four-Family388 752
Manufactured Housing126 5333
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