Top Roosevelt, MN Mortgage Lenders

RankRoosevelt Mortgage LenderRoosevelt Home Loans ProcessedRoosevelt Home Loans ApprovedRoosevelt Home Loans DeniedRoosevelt Mortgage Median Loan to Income Ratio (LTR) for Approved LoansRoosevelt Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 200 66%18%
  • 179%
  • (124,000 Loan / $69,000 Income)
  • 187%
  • (131,000 Loan / $70,000 Income)
2Us Bank 53 75%15%
  • 244%
  • (110,000 / $45,000)
  • 340%
  • (201,000 / $59,000)
3Jpmorgan Chase Bank 53 88%9%
  • 182%
  • (75,000 / $41,000)
  • 287%
  • (138,000 / $48,000)
4Affinity Plus Federal Credit U 42 52%2%
  • 116%
  • (58,000 / $50,000)
  • 292%
  • (184,000 / $63,000)
5Woodlands National Bank 38 34%57%
  • 210%
  • (156,000 / $74,000)
  • 244%
  • (164,000 / $67,000)
6Citimortgage 37 78%8%
  • 250%
  • (248,000 / $99,000)
  • 120%
  • (271,000 / $225,000)
7Bank Of America 27 70%18%
  • 198%
  • (113,000 / $57,000)
  • 317%
  • (165,000 / $52,000)
8American National Bank Of Minn 17 88%5%
  • 133%
  • (84,000 / $63,000)
  • 59%
  • (35,000 / $59,000)
9Countrywide Bank Fsb 16 68%31%
  • 293%
  • (97,000 / $33,000)
  • 217%
  • (89,000 / $41,000)
10Citibank 16 75%25%
  • 256%
  • (267,000 / $104,000)
  • 142%
  • (128,000 / $90,000)
11Wells Fargo Funding 14 100%0% 0 0
12Phh Mortgage Corporation 13 61%0%
  • 181%
  • (100,000 / $55,000)
0
13Agstar Financial Services 13 61%7%
  • 220%
  • (110,000 / $50,000)
  • 76%
  • (417,000 / $545,000)
14Farmers & Merchants State Bank 12 75%16%
  • 73%
  • (73,000 / $99,000)
  • 166%
  • (105,000 / $63,000)
15Embrace Home Loans, 12 0%58% 0
  • 548%
  • (329,000 / $60,000)
16Beneficial Company Llc 10 10%80%
  • 40%
  • (21,000 / $52,000)
  • 238%
  • (136,000 / $57,000)
17Mortgage Guaranty Insurance Co 9 77%11%
  • 216%
  • (175,000 / $81,000)
  • 154%
  • (85,000 / $55,000)
18C.U. Mortgage Services, 9 66%11%
  • 190%
  • (181,000 / $95,000)
  • 180%
  • (152,000 / $84,000)
19Bell America Mortgage Llc Dba 8 87%0%
  • 153%
  • (192,000 / $125,000)
0
20Us Bk Na Nd 7 42%42%
  • 122%
  • (94,000 / $77,000)
  • 111%
  • (208,000 / $187,000)

Roosevelt, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 986
  2. Loan Applications Denied: 180
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 622
  5. % of Loan Applications Originated 63

Roosevelt, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral19
Credit history16
Debt-to-income ratio11
Credit application incomplete4
Mortgage insurance denied1

Roosevelt, 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 - $100,000272 6221
$100,000 - $300,000639 6315
$300,000 - $500,00073 5227
$500,000 - $1,000,0002 5050

Roosevelt, 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 - $100,000715 5720
$100,000 - $300,000240 7510
$300,000 - $500,00025 7212
$500,000 - $1,000,0004 5050
$1,000,000 - $1,500,0001 1000
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Roosevelt, 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%2660 23
30 - 60%6262 22
60 - 100%11975 13
100 - 200%27670 12
200 - 300%21464 16
300 - 400%14553 24
> 400%14445 27

Roosevelt, 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 Dwelling603 5622
Not Owner-Occupied As A Principal Dwelling374 7311
Not Applicable1 0100

Home Owner Property Type Statistics in Roosevelt, 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)899 6317
Manufactured Housing58 5336
One To Four-Family29 793
More Roosevelt, MN Mortgage Research: