Top Pine City, MN Mortgage Lenders

RankPine City Mortgage LenderPine City Home Loans ProcessedPine City Home Loans ApprovedPine City Home Loans DeniedPine City Mortgage Median Loan to Income Ratio (LTR) for Approved LoansPine City Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 4,146 66%14%
  • 203%
  • (236,000 Loan / $116,000 Income)
  • 181%
  • (145,000 Loan / $80,000 Income)
2Jpmorgan Chase Bank 1,147 85%11%
  • 248%
  • (72,000 / $29,000)
  • 247%
  • (305,000 / $123,000)
3Affinity Plus Federal Credit U 1,067 62%7%
  • 147%
  • (150,000 / $102,000)
  • 277%
  • (150,000 / $54,000)
4Us Bank 901 77%14%
  • 223%
  • (67,000 / $30,000)
  • 250%
  • (80,000 / $32,000)
5State Bank & Trust 706 75%10%
  • 132%
  • (140,000 / $106,000)
  • 201%
  • (137,000 / $68,000)
6Citimortgage 684 81%7%
  • 205%
  • (72,000 / $35,000)
  • 219%
  • (299,000 / $136,000)
7Bank Of America 600 74%16%
  • 221%
  • (235,000 / $106,000)
  • 267%
  • (163,000 / $61,000)
8Countrywide Bank Fsb 579 72%18%
  • 225%
  • (160,000 / $71,000)
  • 266%
  • (384,000 / $144,000)
9Bremer Bank Na (Fargo) 419 78%8%
  • 142%
  • (40,000 / $28,000)
  • 96%
  • (52,000 / $54,000)
10Mortgage Guaranty Insurance Co 373 69%6%
  • 234%
  • (157,000 / $67,000)
  • 253%
  • (109,000 / $43,000)
11Countrywide Home Loans 332 79%13%
  • 241%
  • (104,000 / $43,000)
  • 243%
  • (200,000 / $82,000)
12Wells Fargo Funding 292 97%1%
  • 203%
  • (417,000 / $205,000)
  • 148%
  • (203,000 / $137,000)
13Us Bank North Dakota 287 39%43%
  • 141%
  • (112,000 / $79,000)
  • 154%
  • (105,000 / $68,000)
14Beneficial Company Llc 268 3%77%
  • 197%
  • (154,000 / $78,000)
  • 228%
  • (146,000 / $64,000)
15Citibank 257 71%15%
  • 145%
  • (175,000 / $120,000)
  • 106%
  • (110,000 / $103,000)
16Embrace Home Loans, 228 9%42%
  • 269%
  • (148,000 / $55,000)
  • 314%
  • (129,000 / $41,000)
17Unity Bank 193 79%15%
  • 175%
  • (170,000 / $97,000)
  • 214%
  • (90,000 / $42,000)
18Us Bk Na Nd 191 50%36%
  • 136%
  • (89,000 / $65,000)
  • 140%
  • (35,000 / $25,000)
19Quicken Loans 185 58%35%
  • 273%
  • (282,000 / $103,000)
  • 311%
  • (187,000 / $60,000)
20Genworth Mortgage Insurance Co 177 65%3%
  • 280%
  • (112,000 / $40,000)
  • 295%
  • (180,000 / $61,000)

Pine City, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 21,991
  2. Loan Applications Denied: 3,863
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 14,206
  5. % of Loan Applications Originated 64

Pine City, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Credit history11
Debt-to-income ratio10
Credit application incomplete3
Unverifiable information1

Pine City, 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 - $100,0007,395 6219
$100,000 - $300,00013,193 6416
$300,000 - $500,0001,298 6715
$500,000 - $1,000,00091 5126
$1,000,000 - $1,500,00010 5040
$1,500,000 - $2,000,0004 250

Pine City, 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 - $100,00017,436 6218
$100,000 - $300,0004,115 7012
$300,000 - $500,000301 7610
$500,000 - $1,000,000108 718
$1,000,000 - $1,500,00013 6123
$1,500,000 - $2,000,0004 1000
> $2,000,00014 637

Loan to Income Ratios Research for Mortgage in Pine City, 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%97262 21
30 - 60%1,22164 19
60 - 100%1,76166 16
100 - 200%6,16868 14
200 - 300%6,11166 15
300 - 400%3,43762 17
> 400%2,32148 30

Pine City, 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 Dwelling19,194 6318
Not Owner-Occupied As A Principal Dwelling2,663 7313
Not Applicable19 4736

Home Owner Property Type Statistics in Pine City, 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)20,097 6417
One To Four-Family1,197 745
Manufactured Housing697 5032
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