Top Roseau, MN Mortgage Lenders

RankRoseau Mortgage LenderRoseau Home Loans ProcessedRoseau Home Loans ApprovedRoseau Home Loans DeniedRoseau Mortgage Median Loan to Income Ratio (LTR) for Approved LoansRoseau Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,882 61%17%
  • 195%
  • (235,000 Loan / $120,000 Income)
  • 201%
  • (242,000 Loan / $120,000 Income)
2Us Bank 400 75%14%
  • 211%
  • (57,000 / $27,000)
  • 215%
  • (82,000 / $38,000)
3Jpmorgan Chase Bank 369 80%17%
  • 219%
  • (158,000 / $72,000)
  • 175%
  • (205,000 / $117,000)
4Affinity Plus Federal Credit U 343 67%4%
  • 129%
  • (109,000 / $84,000)
  • 340%
  • (75,000 / $22,000)
5Bank Of America 281 76%14%
  • 212%
  • (151,000 / $71,000)
  • 291%
  • (233,000 / $80,000)
6Citimortgage 257 70%7%
  • 229%
  • (360,000 / $157,000)
  • 269%
  • (113,000 / $42,000)
7Countrywide Bank Fsb 256 68%17%
  • 211%
  • (195,000 / $92,000)
  • 264%
  • (143,000 / $54,000)
8Genworth Mortgage Insurance Co 225 61%1%
  • 245%
  • (179,000 / $73,000)
  • 275%
  • (124,000 / $45,000)
9Mortgage Guaranty Insurance Co 222 73%9%
  • 233%
  • (147,000 / $63,000)
  • 245%
  • (177,000 / $72,000)
10United Guaranty Corporation 171 83%4%
  • 240%
  • (120,000 / $50,000)
  • 268%
  • (153,000 / $57,000)
11Phh Mortgage Corporation 168 88%4%
  • 208%
  • (100,000 / $48,000)
  • 163%
  • (72,000 / $44,000)
12Agstar Financial Services 155 63%9%
  • 177%
  • (151,000 / $85,000)
  • 304%
  • (250,000 / $82,000)
13Countrywide Home Loans 152 78%13%
  • 261%
  • (251,000 / $96,000)
  • 262%
  • (142,000 / $54,000)
14North Shore Bank Of Commerce 141 82%8%
  • 225%
  • (271,000 / $120,000)
  • 264%
  • (230,000 / $87,000)
15Us Bank North Dakota 132 34%49%
  • 111%
  • (50,000 / $45,000)
  • 173%
  • (80,000 / $46,000)
16Beneficial Company Llc 131 4%77%
  • 49%
  • (44,000 / $89,000)
  • 241%
  • (210,000 / $87,000)
17Embrace Home Loans, 130 10%46%
  • 243%
  • (100,000 / $41,000)
  • 242%
  • (160,000 / $66,000)
18Wells Fargo Funding 120 98%1%
  • 270%
  • (127,000 / $47,000)
  • 149%
  • (158,000 / $106,000)
19Woodlands National Bank 103 37%33%
  • 184%
  • (188,000 / $102,000)
  • 253%
  • (81,000 / $32,000)
20Members Cooperative Credit Uni 89 76%14%
  • 74%
  • (35,000 / $47,000)
  • 262%
  • (213,000 / $81,000)

Roseau, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 10,139
  2. Loan Applications Denied: 1,884
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 6,323
  5. % of Loan Applications Originated 62

Roseau, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history8
Debt-to-income ratio7
Credit application incomplete3
Unverifiable information1

Roseau, 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 - $100,0003,676 6019
$100,000 - $300,0005,932 6317
$300,000 - $500,000502 5817
$500,000 - $1,000,00027 4737
$1,000,000 - $1,500,0002 1000

Roseau, 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 - $100,0008,188 6019
$100,000 - $300,0001,811 6714
$300,000 - $500,00094 7213
$500,000 - $1,000,00034 812
$1,000,000 - $1,500,0007 420
$1,500,000 - $2,000,0003 1000
> $2,000,0002 5050

Loan to Income Ratios Research for Mortgage in Roseau, 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%37658 22
30 - 60%55463 17
60 - 100%89764 16
100 - 200%3,01264 16
200 - 300%2,84361 17
300 - 400%1,53261 18
> 400%92548 28

Roseau, 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 Dwelling9,192 6119
Not Owner-Occupied As A Principal Dwelling884 6914
Not Applicable14 6421

Home Owner Property Type Statistics in Roseau, 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)9,039 6119
One To Four-Family881 744
Manufactured Housing219 5628
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