Top Pillager, MN Mortgage Lenders

RankPillager Mortgage LenderPillager Home Loans ProcessedPillager Home Loans ApprovedPillager Home Loans DeniedPillager Mortgage Median Loan to Income Ratio (LTR) for Approved LoansPillager Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 440 65%14%
  • 210%
  • (126,000 Loan / $60,000 Income)
  • 208%
  • (50,000 Loan / $24,000 Income)
2Us Bank 158 77%13%
  • 260%
  • (125,000 / $48,000)
  • 248%
  • (112,000 / $45,000)
3Jpmorgan Chase Bank 154 83%13%
  • 213%
  • (98,000 / $46,000)
  • 216%
  • (132,000 / $61,000)
4Citimortgage 133 90%4%
  • 241%
  • (111,000 / $46,000)
  • 211%
  • (133,000 / $63,000)
5Countrywide Bank Fsb 126 70%17%
  • 211%
  • (108,000 / $51,000)
  • 290%
  • (64,000 / $22,000)
6Affinity Plus Federal Credit U 126 64%7%
  • 116%
  • (129,000 / $111,000)
  • 254%
  • (130,000 / $51,000)
7Countrywide Home Loans 73 79%15%
  • 266%
  • (64,000 / $24,000)
  • 209%
  • (209,000 / $100,000)
8Beneficial Company Llc 66 6%87%
  • 160%
  • (66,000 / $41,000)
  • 317%
  • (235,000 / $74,000)
9Us Bank North Dakota 59 32%49%
  • 116%
  • (85,000 / $73,000)
  • 174%
  • (500,000 / $286,000)
10Pine River State Bank 55 87%7%
  • 91%
  • (45,000 / $49,000)
  • 309%
  • (65,000 / $21,000)
11State Bank & Trust 50 70%20%
  • 102%
  • (156,000 / $152,000)
  • 256%
  • (100,000 / $39,000)
12Citibank 48 77%8%
  • 106%
  • (52,000 / $49,000)
  • 515%
  • (98,000 / $19,000)
13Bank Of America 48 81%8%
  • 268%
  • (242,000 / $90,000)
  • 380%
  • (316,000 / $83,000)
14Unity Bank 45 77%17%
  • 169%
  • (93,000 / $55,000)
  • 367%
  • (180,000 / $49,000)
15Mortgage Guaranty Insurance Co 45 82%4%
  • 271%
  • (198,000 / $73,000)
  • 448%
  • (377,000 / $84,000)
16Genworth Mortgage Insurance Co 44 45%9%
  • 200%
  • (311,000 / $155,000)
  • 365%
  • (303,000 / $83,000)
17Gmac Mortgage Llc 38 13%42%
  • 266%
  • (133,000 / $50,000)
  • 330%
  • (175,000 / $53,000)
18Citifinancial Services Inc 33 24%54%
  • 219%
  • (68,000 / $31,000)
  • 120%
  • (112,000 / $93,000)
19American Federal Bank 31 77%6%
  • 155%
  • (200,000 / $129,000)
  • 1260%
  • (315,000 / $25,000)
20United Guaranty Corporation 27 66%3%
  • 223%
  • (179,000 / $80,000)
  • 338%
  • (132,000 / $39,000)

Pillager, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,940
  2. Loan Applications Denied: 566
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 1,885
  5. % of Loan Applications Originated 64

Pillager, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history11
Debt-to-income ratio7
Unverifiable information2
Credit application incomplete2

Pillager, 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 - $100,000937 5922
$100,000 - $300,0001,617 6418
$300,000 - $500,000316 7313
$500,000 - $1,000,00054 6414
$1,000,000 - $1,500,00014 4242
$1,500,000 - $2,000,0002 1000

Pillager, 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 - $100,0002,233 6021
$100,000 - $300,000562 7411
$300,000 - $500,00094 818
$500,000 - $1,000,00036 6819
$1,000,000 - $1,500,00012 918
$1,500,000 - $2,000,0003 990

Loan to Income Ratios Research for Mortgage in Pillager, 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%12057 21
30 - 60%16865 22
60 - 100%24870 15
100 - 200%76770 12
200 - 300%79363 19
300 - 400%48659 24
> 400%35852 28

Pillager, 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 Dwelling2,427 6021
Not Owner-Occupied As A Principal Dwelling490 809
Not Applicable9 7711

Home Owner Property Type Statistics in Pillager, 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)2,627 6319
One To Four-Family183 684
Manufactured Housing130 6031
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