Top Pleasant Grove, MN Mortgage Lenders

RankPleasant Grove Mortgage LenderPleasant Grove Home Loans ProcessedPleasant Grove Home Loans ApprovedPleasant Grove Home Loans DeniedPleasant Grove Mortgage Median Loan to Income Ratio (LTR) for Approved LoansPleasant Grove Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 344 73%12%
  • 221%
  • (270,000 Loan / $122,000 Income)
  • 217%
  • (224,000 Loan / $103,000 Income)
2Think Mutual Bank 205 73%8%
  • 157%
  • (200,000 / $127,000)
  • 165%
  • (136,000 / $82,000)
3Eastwood Bank 130 76%8%
  • 172%
  • (204,000 / $118,000)
  • 171%
  • (209,000 / $122,000)
4Home Federal Savings Bank 77 58%9%
  • 196%
  • (171,000 / $87,000)
  • 95%
  • (20,000 / $21,000)
5Agstar Financial Services 64 50%12%
  • 259%
  • (319,000 / $123,000)
  • 270%
  • (354,000 / $131,000)
6Merchants Bank 62 79%4%
  • 163%
  • (100,000 / $61,000)
  • 483%
  • (271,000 / $56,000)
7Mayo Employees Federal Cu 62 90%4%
  • 54%
  • (85,000 / $157,000)
  • 208%
  • (96,000 / $46,000)
8Associated Bank 46 60%26%
  • 134%
  • (140,000 / $104,000)
  • 205%
  • (113,000 / $55,000)
9Qr Lending Inc 41 68%12%
  • 189%
  • (163,000 / $86,000)
  • 242%
  • (167,000 / $69,000)
10Affinity Plus Federal Credit U 40 67%0%
  • 150%
  • (72,000 / $48,000)
0
11Us Bank 36 88%8%
  • 202%
  • (720,000 / $356,000)
  • 356%
  • (228,000 / $64,000)
12United Guaranty Corporation 32 68%9%
  • 290%
  • (256,000 / $88,000)
  • 301%
  • (398,000 / $132,000)
13Bank Of America 32 84%12%
  • 262%
  • (405,000 / $154,000)
  • 341%
  • (396,000 / $116,000)
14First Alliance Credit Union 30 86%6%
  • 218%
  • (299,000 / $137,000)
  • 364%
  • (124,000 / $34,000)
15Countrywide Bank Fsb 23 52%26%
  • 230%
  • (122,000 / $53,000)
  • 272%
  • (300,000 / $110,000)
16Associated Bank Na 21 61%23%
  • 171%
  • (838,000 / $490,000)
  • 176%
  • (115,000 / $65,000)
17Jpmorgan Chase Bank 20 85%15%
  • 239%
  • (316,000 / $132,000)
  • 158%
  • (95,000 / $60,000)
18Mortgage Guaranty Insurance Co 19 52%10%
  • 270%
  • (257,000 / $95,000)
  • 430%
  • (293,000 / $68,000)
19Genworth Mortgage Insurance Co 19 73%5%
  • 243%
  • (107,000 / $44,000)
  • 331%
  • (375,000 / $113,000)
20First Federal Bank Of Florida 19 52%10%
  • 193%
  • (116,000 / $60,000)
  • 253%
  • (400,000 / $158,000)

Pleasant Grove, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,713
  2. Loan Applications Denied: 220
  3. % of Loan Applications Denied: 12
  4. # of Loan Originations: 1,194
  5. % of Loan Applications Originated 69

Pleasant Grove, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Debt-to-income ratio10
Credit history6
Credit application incomplete3
Unverifiable information1

Pleasant Grove, 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 - $100,000408 6916
$100,000 - $300,0001,100 7010
$300,000 - $500,000181 6217
$500,000 - $1,000,00023 5513
$1,000,000 - $1,500,0001 0100

Pleasant Grove, 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 - $100,0001,089 6714
$100,000 - $300,000580 7210
$300,000 - $500,00039 7310
$500,000 - $1,000,0004 5025
$1,000,000 - $1,500,0001 1000

Loan to Income Ratios Research for Mortgage in Pleasant Grove, 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%9276 11
30 - 60%12069 12
60 - 100%12870 17
100 - 200%48372 11
200 - 300%49672 7
300 - 400%23661 20
> 400%15854 18

Pleasant Grove, 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 Dwelling1,674 6912
Not Owner-Occupied As A Principal Dwelling39 6912

Home Owner Property Type Statistics in Pleasant Grove, 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)1,594 6912
One To Four-Family100 736
Manufactured Housing19 5236
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