Top Pine River, MN Mortgage Lenders

RankPine River Mortgage LenderPine River Home Loans ProcessedPine River Home Loans ApprovedPine River Home Loans DeniedPine River Mortgage Median Loan to Income Ratio (LTR) for Approved LoansPine River Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 418 61%17%
  • 186%
  • (138,000 Loan / $74,000 Income)
  • 242%
  • (102,000 Loan / $42,000 Income)
2Us Bank 286 79%9%
  • 224%
  • (139,000 / $62,000)
  • 245%
  • (130,000 / $53,000)
3Pine River State Bank 171 83%14%
  • 125%
  • (20,000 / $16,000)
  • 130%
  • (82,000 / $63,000)
4Jpmorgan Chase Bank 118 87%11%
  • 259%
  • (83,000 / $32,000)
  • 235%
  • (80,000 / $34,000)
5Affinity Plus Federal Credit U 91 61%6%
  • 153%
  • (118,000 / $77,000)
  • 178%
  • (100,000 / $56,000)
6Countrywide Bank Fsb 74 60%16%
  • 228%
  • (87,000 / $38,000)
  • 355%
  • (160,000 / $45,000)
7Us Bank North Dakota 66 34%46%
  • 168%
  • (103,000 / $61,000)
  • 242%
  • (109,000 / $45,000)
8Us Bk Na Nd 62 62%32%
  • 141%
  • (120,000 / $85,000)
  • 176%
  • (88,000 / $50,000)
9Bank Of America 60 61%28%
  • 297%
  • (223,000 / $75,000)
  • 297%
  • (140,000 / $47,000)
10Citimortgage 55 72%16%
  • 185%
  • (237,000 / $128,000)
  • 310%
  • (183,000 / $59,000)
11Countrywide Home Loans 44 72%20%
  • 254%
  • (214,000 / $84,000)
  • 271%
  • (228,000 / $84,000)
12American National Bank Of Minn 36 66%22%
  • 176%
  • (46,000 / $26,000)
  • 152%
  • (125,000 / $82,000)
13Embrace Home Loans, 35 11%34%
  • 296%
  • (175,000 / $59,000)
  • 366%
  • (220,000 / $60,000)
14Mortgage Guaranty Insurance Co 33 75%15%
  • 260%
  • (312,000 / $120,000)
  • 531%
  • (388,000 / $73,000)
15Bank Forward 33 84%9%
  • 162%
  • (81,000 / $50,000)
  • 6%
  • (2,000 / $32,000)
16Wells Fargo Funding 28 96%3%
  • 372%
  • (179,000 / $48,000)
  • 100%
  • (104,000 / $103,000)
17Phh Mortgage Corporation 27 74%3%
  • 184%
  • (144,000 / $78,000)
  • 360%
  • (220,000 / $61,000)
18Quicken Loans 24 62%29%
  • 215%
  • (97,000 / $45,000)
  • 241%
  • (140,000 / $58,000)
19Beneficial Company Llc 24 0%70% 0
  • 330%
  • (360,000 / $109,000)
20United Guaranty Corporation 20 80%5%
  • 262%
  • (76,000 / $29,000)
  • 384%
  • (96,000 / $25,000)

Pine River, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,635
  2. Loan Applications Denied: 512
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 1,687
  5. % of Loan Applications Originated 64

Pine River, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Credit history15
Debt-to-income ratio9
Credit application incomplete4
Unverifiable information2

Pine River, 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 - $100,000922 6419
$100,000 - $300,0001,505 6219
$300,000 - $500,000164 6315
$500,000 - $1,000,00037 5321
$1,000,000 - $1,500,0005 1000
> $2,000,0002 5050

Pine River, 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 - $100,0002,001 6021
$100,000 - $300,000551 7311
$300,000 - $500,00041 6019
$500,000 - $1,000,00028 6317
$1,000,000 - $1,500,0007 570
$1,500,000 - $2,000,0004 750
> $2,000,0003 3366

Loan to Income Ratios Research for Mortgage in Pine River, 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%9668 20
30 - 60%15766 19
60 - 100%24571 16
100 - 200%73269 15
200 - 300%62462 17
300 - 400%43259 22
> 400%34952 28

Pine River, 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 Dwelling2,005 6021
Not Owner-Occupied As A Principal Dwelling608 7412
Not Applicable3 6633

Home Owner Property Type Statistics in Pine River, 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)2,424 6319
One To Four-Family106 767
Manufactured Housing105 5428
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