Top Rulien, MN Mortgage Lenders

RankRulien Mortgage LenderRulien Home Loans ProcessedRulien Home Loans ApprovedRulien Home Loans DeniedRulien Mortgage Median Loan to Income Ratio (LTR) for Approved LoansRulien Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 123 54%26%
  • 168%
  • (326,000 Loan / $194,000 Income)
  • 161%
  • (105,000 Loan / $65,000 Income)
2Merchants Bank 35 97%2%
  • 164%
  • (168,000 / $102,000)
  • 240%
  • (171,000 / $71,000)
3Us Bank 16 62%37%
  • 264%
  • (204,000 / $77,000)
  • 280%
  • (348,000 / $124,000)
4Jpmorgan Chase Bank 14 92%0%
  • 202%
  • (166,000 / $82,000)
0
5Countrywide Bank Fsb 13 69%15%
  • 328%
  • (115,000 / $35,000)
  • 317%
  • (276,000 / $87,000)
6Citimortgage 11 72%0%
  • 232%
  • (86,000 / $37,000)
0
7Hfc Company Llc 9 11%66%
  • 171%
  • (55,000 / $32,000)
  • 171%
  • (55,000 / $32,000)
8Usaa Federal Savings Bank 7 71%28%
  • 183%
  • (110,000 / $60,000)
  • 237%
  • (88,000 / $37,000)
9New Day Financial, Llc 7 0%71% 0
  • 531%
  • (170,000 / $32,000)
10Alerus Financial 7 100%0%
  • 131%
  • (164,000 / $125,000)
0
11Affinity Plus Federal Credit U 7 42%14%
  • 75%
  • (27,000 / $36,000)
  • 72%
  • (26,000 / $36,000)
12Wells Fargo Fin'l Minnesota 6 0%33% 0
  • 184%
  • (35,000 / $19,000)
13Valley Mortgage Inc 6 66%0%
  • 148%
  • (61,000 / $41,000)
0
14Embrace Home Loans, 6 16%33%
  • 188%
  • (115,000 / $61,000)
  • 443%
  • (164,000 / $37,000)
15Countrywide Home Loans 6 83%0%
  • 187%
  • (75,000 / $40,000)
0
16Quicken Loans 5 40%60%
  • 314%
  • (302,000 / $96,000)
  • 332%
  • (93,000 / $28,000)
17Gmac Mortgage Llc 5 0%40% 0
  • 163%
  • (124,000 / $76,000)
18E-Loan Inc 5 0%80% 0
  • 245%
  • (81,000 / $33,000)
19Citibank 5 100%0%
  • 39%
  • (46,000 / $116,000)
0
20Beneficial Company Llc 4 25%50%
  • 19%
  • (8,000 / $41,000)
  • 172%
  • (105,000 / $61,000)

Rulien, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 388
  2. Loan Applications Denied: 95
  3. % of Loan Applications Denied: 24
  4. # of Loan Originations: 224
  5. % of Loan Applications Originated 57

Rulien, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral33
Credit history28
Debt-to-income ratio24
Credit application incomplete3
Unverifiable information1

Rulien, 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 - $100,000213 5326
$100,000 - $300,000165 6221
$300,000 - $500,00010 7030

Rulien, 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 - $100,000329 5427
$100,000 - $300,00058 746
$300,000 - $500,0001 1000

Loan to Income Ratios Research for Mortgage in Rulien, 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%1735 29
30 - 60%2668 3
60 - 100%4462 27
100 - 200%15557 21
200 - 300%9764 23
300 - 400%2842 35
> 400%2132 52

Rulien, 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 Dwelling343 5526
Not Owner-Occupied As A Principal Dwelling45 7511

Home Owner Property Type Statistics in Rulien, 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)357 5923
Manufactured Housing31 3835
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