Top Proctor, MN Mortgage Lenders

RankProctor Mortgage LenderProctor Home Loans ProcessedProctor Home Loans ApprovedProctor Home Loans DeniedProctor Mortgage Median Loan to Income Ratio (LTR) for Approved LoansProctor Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,552 69%13%
  • 195%
  • (299,000 Loan / $153,000 Income)
  • 169%
  • (78,000 Loan / $46,000 Income)
2Liberty Savings Bank Fsb 917 93%2%
  • 229%
  • (117,000 / $51,000)
  • 278%
  • (103,000 / $37,000)
3Us Bank 661 82%9%
  • 218%
  • (140,000 / $64,000)
  • 289%
  • (142,000 / $49,000)
4Jpmorgan Chase Bank 516 90%8%
  • 244%
  • (193,000 / $79,000)
  • 201%
  • (135,000 / $67,000)
5North Shore Bank Of Commerce 510 80%10%
  • 219%
  • (314,000 / $143,000)
  • 252%
  • (53,000 / $21,000)
6Bremer Bank Na (St Cloud) 467 85%2%
  • 183%
  • (103,000 / $56,000)
  • 154%
  • (105,000 / $68,000)
7Affinity Plus Federal Credit U 375 68%3%
  • 137%
  • (131,000 / $95,000)
  • 300%
  • (60,000 / $20,000)
8Bank Of America 344 84%7%
  • 220%
  • (179,000 / $81,000)
  • 294%
  • (203,000 / $69,000)
9Mortgage Guaranty Insurance Co 343 79%5%
  • 271%
  • (231,000 / $85,000)
  • 263%
  • (145,000 / $55,000)
10Citimortgage 341 83%4%
  • 221%
  • (133,000 / $60,000)
  • 237%
  • (147,000 / $62,000)
11Phh Mortgage Corporation 300 90%1%
  • 219%
  • (112,000 / $51,000)
  • 453%
  • (404,000 / $89,000)
12Countrywide Bank Fsb 295 74%13%
  • 208%
  • (156,000 / $75,000)
  • 280%
  • (140,000 / $50,000)
13Bankvista 226 89%5%
  • 203%
  • (116,000 / $57,000)
  • 327%
  • (144,000 / $44,000)
14Wells Fargo Funding 202 100%0%
  • 230%
  • (249,000 / $108,000)
0
15Us Bank North Dakota 191 43%39%
  • 139%
  • (60,000 / $43,000)
  • 180%
  • (162,000 / $90,000)
16Unity Bank North 185 95%2%
  • 80%
  • (16,000 / $20,000)
  • 76%
  • (10,000 / $13,000)
17United Guaranty Corporation 167 78%4%
  • 249%
  • (417,000 / $167,000)
  • 296%
  • (184,000 / $62,000)
18Genworth Mortgage Insurance Co 150 74%4%
  • 262%
  • (152,000 / $58,000)
  • 283%
  • (170,000 / $60,000)
19Beneficial Company Llc 139 7%76%
  • 225%
  • (162,000 / $72,000)
  • 224%
  • (155,000 / $69,000)
20Countrywide Home Loans 133 84%13%
  • 225%
  • (115,000 / $51,000)
  • 254%
  • (135,000 / $53,000)

Proctor, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 13,785
  2. Loan Applications Denied: 1,736
  3. % of Loan Applications Denied: 12
  4. # of Loan Originations: 10,079
  5. % of Loan Applications Originated 73

Proctor, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral9
Credit history8
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Proctor, 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 - $100,0003,517 6815
$100,000 - $300,0009,288 7311
$300,000 - $500,000937 7311
$500,000 - $1,000,00041 6714
$1,000,000 - $1,500,0002 500

Proctor, 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 - $100,00010,506 7113
$100,000 - $300,0003,033 778
$300,000 - $500,000156 853
$500,000 - $1,000,00067 765
$1,000,000 - $1,500,00013 6815
$1,500,000 - $2,000,0004 5025
> $2,000,0006 500

Loan to Income Ratios Research for Mortgage in Proctor, 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%54070 15
30 - 60%71771 14
60 - 100%1,09371 14
100 - 200%3,88575 9
200 - 300%4,19574 11
300 - 400%2,21172 12
> 400%1,14461 23

Proctor, 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 Dwelling13,352 7312
Not Owner-Occupied As A Principal Dwelling398 6717
Not Applicable17 7617

Home Owner Property Type Statistics in Proctor, 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)12,602 7212
One To Four-Family958 794
Manufactured Housing225 5927
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