Top Pine Springs, MN Mortgage Lenders

RankPine Springs Mortgage LenderPine Springs Home Loans ProcessedPine Springs Home Loans ApprovedPine Springs Home Loans DeniedPine Springs Mortgage Median Loan to Income Ratio (LTR) for Approved LoansPine Springs Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,015 73%7%
  • 183%
  • (227,000 Loan / $124,000 Income)
  • 235%
  • (87,000 Loan / $37,000 Income)
2Us Bank 327 77%11%
  • 219%
  • (500,000 / $228,000)
  • 273%
  • (205,000 / $75,000)
3Jpmorgan Chase Bank 276 89%9%
  • 224%
  • (366,000 / $163,000)
  • 192%
  • (248,000 / $129,000)
4Bank Of America 147 76%10%
  • 219%
  • (180,000 / $82,000)
  • 179%
  • (956,000 / $532,000)
5Affinity Plus Federal Credit U 135 74%2%
  • 135%
  • (180,000 / $133,000)
  • 207%
  • (160,000 / $77,000)
6Us Bk Na Nd 134 58%34%
  • 136%
  • (108,000 / $79,000)
  • 206%
  • (159,000 / $77,000)
7Citimortgage 130 81%7%
  • 180%
  • (249,000 / $138,000)
  • 314%
  • (1,219,000 / $388,000)
8Phh Home Loans 116 80%6%
  • 265%
  • (207,000 / $78,000)
  • 225%
  • (61,000 / $27,000)
9Tcf National Bank 110 19%32%
  • 236%
  • (137,000 / $58,000)
  • 260%
  • (65,000 / $25,000)
10Wells Fargo Funding 100 98%2%
  • 236%
  • (78,000 / $33,000)
  • 362%
  • (895,000 / $247,000)
11Provident Funding Associates 84 65%11%
  • 227%
  • (378,000 / $166,000)
  • 337%
  • (125,000 / $37,000)
12St. Paul Postal Employees Cu 80 71%15%
  • 185%
  • (154,000 / $83,000)
  • 290%
  • (290,000 / $100,000)
13Ally Bank 70 84%8%
  • 206%
  • (417,000 / $202,000)
  • 386%
  • (356,000 / $92,000)
14Quicken Loans 69 76%17%
  • 235%
  • (264,000 / $112,000)
  • 313%
  • (408,000 / $130,000)
15The Business Bank 62 95%4%
  • 233%
  • (175,000 / $75,000)
  • 386%
  • (356,000 / $92,000)
16Lake Elmo Bank 62 75%11%
  • 205%
  • (74,000 / $36,000)
  • 292%
  • (287,000 / $98,000)
17Bremer Bank Na (Twin Cities) 62 82%3%
  • 186%
  • (417,000 / $224,000)
  • 329%
  • (155,000 / $47,000)
18State Bank & Trust 59 77%1%
  • 253%
  • (357,000 / $141,000)
  • 163%
  • (175,000 / $107,000)
19Hiway Federal Credit Union 56 83%3%
  • 124%
  • (128,000 / $103,000)
  • 400%
  • (412,000 / $103,000)
20Us Bank North Dakota 46 50%36%
  • 95%
  • (22,000 / $23,000)
  • 123%
  • (58,000 / $47,000)

Pine Springs, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,807
  2. Loan Applications Denied: 523
  3. % of Loan Applications Denied: 10
  4. # of Loan Originations: 3,517
  5. % of Loan Applications Originated 73

Pine Springs, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Debt-to-income ratio11
Credit history8
Credit application incomplete5
Unverifiable information2

Pine Springs, 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 - $100,000633 7014
$100,000 - $300,0002,805 749
$300,000 - $500,0001,239 7211
$500,000 - $1,000,000118 4430
$1,000,000 - $1,500,00012 5025

Pine Springs, 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 - $100,0002,249 6913
$100,000 - $300,0002,382 768
$300,000 - $500,000134 6710
$500,000 - $1,000,00035 6514
$1,000,000 - $1,500,0007 4228

Loan to Income Ratios Research for Mortgage in Pine Springs, 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%13465 16
30 - 60%17873 10
60 - 100%36775 6
100 - 200%1,50976 8
200 - 300%1,41673 10
300 - 400%76469 12
> 400%43962 21

Pine Springs, 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 Dwelling4,705 7310
Not Owner-Occupied As A Principal Dwelling98 6417
Not Applicable1 00

Home Owner Property Type Statistics in Pine Springs, 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)4,659 7211
One To Four-Family145 804
Manufactured Housing3 0100
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