Top Round Prairie, MN Mortgage Lenders

RankRound Prairie Mortgage LenderRound Prairie Home Loans ProcessedRound Prairie Home Loans ApprovedRound Prairie Home Loans DeniedRound Prairie Mortgage Median Loan to Income Ratio (LTR) for Approved LoansRound Prairie Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 145 66%13%
  • 205%
  • (150,000 Loan / $73,000 Income)
  • 266%
  • (112,000 Loan / $42,000 Income)
2Central Minnesota Cu 105 83%4%
  • 118%
  • (59,000 / $50,000)
  • 279%
  • (67,000 / $24,000)
3Jpmorgan Chase Bank 71 85%11%
  • 271%
  • (125,000 / $46,000)
  • 285%
  • (154,000 / $54,000)
4Central Mn Cu 47 65%14%
  • 177%
  • (140,000 / $79,000)
  • 235%
  • (132,000 / $56,000)
5Countrywide Bank Fsb 37 70%18%
  • 262%
  • (176,000 / $67,000)
  • 271%
  • (125,000 / $46,000)
6Bank Of America 27 62%11%
  • 189%
  • (165,000 / $87,000)
  • 158%
  • (154,000 / $97,000)
7Citimortgage 26 88%3%
  • 215%
  • (155,000 / $72,000)
  • 196%
  • (155,000 / $79,000)
8Us Bank 25 92%8%
  • 250%
  • (358,000 / $143,000)
  • 368%
  • (140,000 / $38,000)
9Agstar Financial Services 23 73%8%
  • 140%
  • (52,000 / $37,000)
  • 431%
  • (220,000 / $51,000)
10Beneficial Company Llc 22 9%68%
  • 251%
  • (123,000 / $49,000)
  • 257%
  • (49,000 / $19,000)
11Delta Funding Corporation 17 5%17%
  • 114%
  • (63,000 / $55,000)
  • 184%
  • (197,000 / $107,000)
12Citibank 17 82%5%
  • 96%
  • (93,000 / $96,000)
  • 162%
  • (107,000 / $66,000)
13Affinity Plus Federal Credit U 17 82%11%
  • 76%
  • (152,000 / $198,000)
  • 300%
  • (120,000 / $40,000)
14Countrywide Home Loans 16 87%6%
  • 373%
  • (194,000 / $52,000)
  • 214%
  • (103,000 / $48,000)
15Us Bank North Dakota 13 38%38%
  • 78%
  • (75,000 / $96,000)
  • 96%
  • (50,000 / $52,000)
16Gmac Mortgage Llc 12 0%16% 0
  • 894%
  • (152,000 / $17,000)
17Citifinancial Services Inc 12 50%25%
  • 335%
  • (104,000 / $31,000)
  • 399%
  • (423,000 / $106,000)
18Us Bk Na Nd 11 45%27%
  • 105%
  • (90,000 / $85,000)
  • 132%
  • (105,000 / $79,000)
19Radian Guaranty 10 100%0%
  • 217%
  • (148,000 / $68,000)
0
20Ally Bank F/K/A/ Gmac Bank 10 40%30%
  • 259%
  • (184,000 / $71,000)
  • 281%
  • (180,000 / $64,000)

Round Prairie, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,038
  2. Loan Applications Denied: 169
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 682
  5. % of Loan Applications Originated 65

Round Prairie, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Credit history14
Debt-to-income ratio10
Unverifiable information1
Insufficient cash (downpayment, closing costs)1

Round Prairie, 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 - $100,000351 6216
$100,000 - $300,000664 6615
$300,000 - $500,00023 6826

Round Prairie, 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 - $100,000834 6218
$100,000 - $300,000193 788
$300,000 - $500,0006 990
$500,000 - $1,000,0001 00
$1,000,000 - $1,500,0003 660
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Round Prairie, 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%4170 17
30 - 60%7181 7
60 - 100%9865 11
100 - 200%28869 14
200 - 300%29766 14
300 - 400%14256 19
> 400%10150 32

Round Prairie, 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 Dwelling834 6218
Not Owner-Occupied As A Principal Dwelling193 797
Not Applicable2 0100

Home Owner Property Type Statistics in Round Prairie, 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)926 6516
Manufactured Housing74 5925
One To Four-Family38 922
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