Top Riverland, MN Mortgage Lenders

RankRiverland Mortgage LenderRiverland Home Loans ProcessedRiverland Home Loans ApprovedRiverland Home Loans DeniedRiverland Mortgage Median Loan to Income Ratio (LTR) for Approved LoansRiverland Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 6 83%16%
  • 107%
  • (190,000 Loan / $177,000 Income)
  • 176%
  • (150,000 Loan / $85,000 Income)
2Midwest Bank 4 100%0%
  • 112%
  • (200,000 / $177,000)
0
3Embrace Home Loans, 3 0%100% 0
  • 153%
  • (46,000 / $30,000)
4Jpmorgan Chase Bank 2 100%0%
  • 350%
  • (91,000 / $26,000)
0
5First National Bank Of Elk Riv 2 0%100% 0
  • 80%
  • (20,000 / $25,000)
6Alerus Financial 2 50%50%
  • 140%
  • (138,000 / $98,000)
  • 26%
  • (30,000 / $114,000)
7Woodlands National Bank 1 0%0% 0 0
8Valley Mortgage Inc 1 100%0%
  • 350%
  • (91,000 / $26,000)
0
9Usaa Federal Savings Bank 1 0%100% 0
  • 46%
  • (50,000 / $108,000)
10Us Bank 1 100%0%
  • 36%
  • (278,000 / $760,000)
0
11United Guaranty Corporation 1 100%0%
  • 193%
  • (85,000 / $44,000)
0
12Ultima Bank Minnesota 1 0%100% 0
  • 97%
  • (44,000 / $45,000)
13Suntrust Mortgage 1 100%0% 0 0
14Quicken Loans 1 0%100% 0
  • 139%
  • (92,000 / $66,000)
15Primary Residential Mortgage 1 100%0%
  • 206%
  • (62,000 / $30,000)
0
16Onemain Financial Servi 1 0%100% 0
  • 117%
  • (53,000 / $45,000)
17Mortgage Guaranty Insurance Co 1 0%0% 0 0
18Homeservices Lending, Llc A 1 100%0%
  • 248%
  • (92,000 / $37,000)
0
19Franklin American Mortgage Co 1 0%0% 0 0
20Frandsen Bank & Trust 1 100%0%
  • 75%
  • (66,000 / $88,000)
0

Riverland, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 37
  2. Loan Applications Denied: 11
  3. % of Loan Applications Denied: 29
  4. # of Loan Originations: 23
  5. % of Loan Applications Originated 62

Riverland, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history23
Collateral15

Riverland, 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 - $100,00027 5537
$100,000 - $300,00010 8010

Riverland, 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 - $100,00028 6032
$100,000 - $300,0008 6225
$500,000 - $1,000,0001 1000

Loan to Income Ratios Research for Mortgage in Riverland, 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%250 50
30 - 60%450 50
60 - 100%955 33
100 - 200%1566 26
200 - 300%366 33
300 - 400%3100 0
> 400%10 0

Riverland, 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 Dwelling35 6031
Not Owner-Occupied As A Principal Dwelling2 1000

Home Owner Property Type Statistics in Riverland, 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)35 6231
One To Four-Family2 500
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