Top Redpath, MN Mortgage Lenders

RankRedpath Mortgage LenderRedpath Home Loans ProcessedRedpath Home Loans ApprovedRedpath Home Loans DeniedRedpath Mortgage Median Loan to Income Ratio (LTR) for Approved LoansRedpath Mortgage Median LTR for Denied Loans
1Bank Of The West 45 75%20%
  • 105%
  • (71,000 Loan / $67,000 Income)
  • 180%
  • (36,000 Loan / $20,000 Income)
2First Hawaiian Bank 31 96%3%
  • 83%
  • (30,000 / $36,000)
  • 76%
  • (30,000 / $39,000)
3Wells Fargo Bank 20 40%40%
  • 70%
  • (67,000 / $95,000)
  • 100%
  • (55,000 / $55,000)
4Citifinancial Services Inc 18 11%61%
  • 123%
  • (32,000 / $26,000)
  • 125%
  • (40,000 / $32,000)
5Mortgage Guaranty Insurance Co 11 72%9%
  • 138%
  • (54,000 / $39,000)
  • 159%
  • (86,000 / $54,000)
6Citimortgage 11 72%18%
  • 231%
  • (88,000 / $38,000)
  • 443%
  • (133,000 / $30,000)
7Countrywide Bank Fsb 10 60%10%
  • 206%
  • (89,000 / $43,000)
  • 243%
  • (100,000 / $41,000)
8Star Bank 7 100%0%
  • 166%
  • (120,000 / $72,000)
0
9Us Bank North Dakota 6 16%83%
  • 150%
  • (48,000 / $32,000)
  • 351%
  • (116,000 / $33,000)
10Countrywide Home Loans 6 83%16%
  • 300%
  • (90,000 / $30,000)
  • 228%
  • (89,000 / $39,000)
11Riverwood Bank 5 60%20%
  • 148%
  • (64,000 / $43,000)
  • 925%
  • (250,000 / $27,000)
12Republic Mortgage Insurance Co 5 60%0%
  • 194%
  • (70,000 / $36,000)
0
13National City Bank 5 80%0%
  • 250%
  • (100,000 / $40,000)
0
14Mortgage Services Iii, L.L.C. 5 40%20%
  • 257%
  • (72,000 / $28,000)
  • 178%
  • (50,000 / $28,000)
15Beneficial Company Llc 5 0%80% 0
  • 109%
  • (35,000 / $32,000)
16Affinity Plus Federal Credit U 5 60%0%
  • 116%
  • (99,000 / $85,000)
0
17Us Bank 4 75%25%
  • 237%
  • (88,000 / $37,000)
  • 466%
  • (112,000 / $24,000)
18Quicken Loans 4 25%75%
  • 152%
  • (175,000 / $115,000)
  • 211%
  • (89,000 / $42,000)
19Hfc Company Llc 4 0%100% 0
  • 57%
  • (38,000 / $66,000)
20Genworth Mortgage Insurance Co 4 100%0%
  • 242%
  • (121,000 / $50,000)
0

Redpath, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 294
  2. Loan Applications Denied: 76
  3. % of Loan Applications Denied: 25
  4. # of Loan Originations: 170
  5. % of Loan Applications Originated 57

Redpath, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio10
Credit history10
Insufficient cash (downpayment, closing costs)1
Credit application incomplete1

Redpath, 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 - $100,000223 6025
$100,000 - $300,00068 4726
$300,000 - $500,0003 3333

Redpath, 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 - $100,000266 5627
$100,000 - $300,00022 7213
$300,000 - $500,0004 2525
$1,500,000 - $2,000,0001 1000
> $2,000,0001 00

Loan to Income Ratios Research for Mortgage in Redpath, 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%2665 30
30 - 60%3063 23
60 - 100%4458 31
100 - 200%12860 17
200 - 300%4155 19
300 - 400%1637 50
> 400%911 88

Redpath, 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 Dwelling282 5726
Not Owner-Occupied As A Principal Dwelling11 6318

Home Owner Property Type Statistics in Redpath, 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)269 5627
One To Four-Family22 724
Manufactured Housing3 3366
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