Top Riverdale, MN Mortgage Lenders

RankRiverdale Mortgage LenderRiverdale Home Loans ProcessedRiverdale Home Loans ApprovedRiverdale Home Loans DeniedRiverdale Mortgage Median Loan to Income Ratio (LTR) for Approved LoansRiverdale Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 181 54%20%
  • 175%
  • (77,000 Loan / $44,000 Income)
  • 182%
  • (75,000 Loan / $41,000 Income)
2Citizens Bank Minnesota 134 98%1%
  • 116%
  • (56,000 / $48,000)
  • 191%
  • (46,000 / $24,000)
3Alliance Bank 70 74%11%
  • 134%
  • (168,000 / $125,000)
  • 217%
  • (165,000 / $76,000)
4Pioneer Bank 69 92%2%
  • 50%
  • (14,000 / $28,000)
  • 244%
  • (110,000 / $45,000)
5Us Bank 40 60%25%
  • 163%
  • (177,000 / $108,000)
  • 254%
  • (89,000 / $35,000)
6Agstar Financial Services 39 71%10%
  • 146%
  • (85,000 / $58,000)
  • 280%
  • (306,000 / $109,000)
7Wells Federal Bank 35 48%28%
  • 173%
  • (120,000 / $69,000)
  • 205%
  • (105,000 / $51,000)
8Mortgage Guaranty Insurance Co 32 71%9%
  • 194%
  • (132,000 / $68,000)
  • 173%
  • (45,000 / $26,000)
9Affinity Plus Federal Credit U 29 55%6%
  • 157%
  • (77,000 / $49,000)
  • 300%
  • (132,000 / $44,000)
10Wells Fargo Fin'l Minnesota 24 50%37%
  • 200%
  • (78,000 / $39,000)
  • 201%
  • (105,000 / $52,000)
11Embrace Home Loans, 23 0%69% 0
  • 171%
  • (125,000 / $73,000)
12Phh Mortgage Corporation 20 90%0%
  • 147%
  • (78,000 / $53,000)
0
13Citimortgage 19 73%15%
  • 402%
  • (141,000 / $35,000)
  • 129%
  • (139,000 / $107,000)
14Countrywide Bank Fsb 18 66%16%
  • 306%
  • (92,000 / $30,000)
  • 250%
  • (100,000 / $40,000)
15Beneficial Company Llc 14 7%85%
  • 337%
  • (108,000 / $32,000)
  • 288%
  • (98,000 / $34,000)
16Genworth Mortgage Insurance Co 12 41%8%
  • 172%
  • (176,000 / $102,000)
  • 172%
  • (117,000 / $68,000)
17Citifinancial Services Inc 12 33%33%
  • 175%
  • (95,000 / $54,000)
  • 102%
  • (48,000 / $47,000)
18Republic Mortgage Insurance Co 11 54%18%
  • 208%
  • (125,000 / $60,000)
  • 209%
  • (90,000 / $43,000)
19United Guaranty Corporation 10 90%0%
  • 104%
  • (156,000 / $149,000)
0
20Tcf National Bank 10 50%50%
  • 124%
  • (82,000 / $66,000)
  • 50%
  • (35,000 / $69,000)

Riverdale, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,115
  2. Loan Applications Denied: 225
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 704
  5. % of Loan Applications Originated 63

Riverdale, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history14
Debt-to-income ratio8
Collateral7
Unverifiable information2
Credit application incomplete2

Riverdale, 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 - $100,000652 6221
$100,000 - $300,000446 6218
$300,000 - $500,00016 8112
$500,000 - $1,000,0001 1000

Riverdale, 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 - $100,000974 6021
$100,000 - $300,000108 7413
$300,000 - $500,00013 7615
$500,000 - $1,000,00012 758
$1,000,000 - $1,500,0003 1000
$1,500,000 - $2,000,0005 1000

Loan to Income Ratios Research for Mortgage in Riverdale, 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%7274 16
30 - 60%8469 17
60 - 100%11866 19
100 - 200%41664 17
200 - 300%27258 21
300 - 400%10059 25
> 400%5340 37

Riverdale, 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 Dwelling1,065 6220
Not Owner-Occupied As A Principal Dwelling47 7419
Not Applicable2 00

Home Owner Property Type Statistics in Riverdale, 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)1,033 6220
One To Four-Family78 678
Manufactured Housing4 5050
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