Top Seavey, MN Mortgage Lenders

RankSeavey Mortgage LenderSeavey Home Loans ProcessedSeavey Home Loans ApprovedSeavey Home Loans DeniedSeavey Mortgage Median Loan to Income Ratio (LTR) for Approved LoansSeavey Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 158 63%15%
  • 201%
  • (153,000 Loan / $76,000 Income)
  • 259%
  • (213,000 Loan / $82,000 Income)
2Us Bank 75 82%8%
  • 196%
  • (189,000 / $96,000)
  • 217%
  • (122,000 / $56,000)
3Jpmorgan Chase Bank 56 91%8%
  • 306%
  • (193,000 / $63,000)
  • 142%
  • (334,000 / $235,000)
4Citimortgage 50 76%6%
  • 219%
  • (204,000 / $93,000)
  • 435%
  • (222,000 / $51,000)
5Beneficial Company Llc 45 2%75%
  • 150%
  • (101,000 / $67,000)
  • 222%
  • (158,000 / $71,000)
6Countrywide Bank Fsb 38 52%21%
  • 230%
  • (189,000 / $82,000)
  • 460%
  • (350,000 / $76,000)
7Members Cooperative Credit Uni 36 75%11%
  • 156%
  • (127,000 / $81,000)
  • 706%
  • (318,000 / $45,000)
8First National Bank Of Milaca 26 88%7%
  • 113%
  • (34,000 / $30,000)
  • 155%
  • (45,000 / $29,000)
9Phh Mortgage Corporation 25 88%4%
  • 305%
  • (275,000 / $90,000)
  • 196%
  • (59,000 / $30,000)
10Bank Of America 21 90%4%
  • 240%
  • (96,000 / $40,000)
  • 287%
  • (184,000 / $64,000)
11Countrywide Home Loans 20 70%15%
  • 175%
  • (280,000 / $160,000)
  • 112%
  • (188,000 / $167,000)
12Mortgage Guaranty Insurance Co 19 57%10%
  • 184%
  • (173,000 / $94,000)
  • 339%
  • (326,000 / $96,000)
13Citibank 19 73%10%
  • 67%
  • (25,000 / $37,000)
  • 142%
  • (100,000 / $70,000)
14C.U. Mortgage Services, 19 42%10%
  • 371%
  • (223,000 / $60,000)
  • 470%
  • (113,000 / $24,000)
15Woodlands National Bank 15 26%53%
  • 214%
  • (150,000 / $70,000)
  • 294%
  • (150,000 / $51,000)
16Wells Federal Bank 15 73%6%
  • 200%
  • (208,000 / $104,000)
  • 348%
  • (150,000 / $43,000)
17Affinity Plus Federal Credit U 15 86%0%
  • 155%
  • (168,000 / $108,000)
0
18Tcf National Bank 12 41%25%
  • 125%
  • (160,000 / $127,000)
  • 220%
  • (110,000 / $50,000)
19Embrace Home Loans, 11 9%45%
  • 108%
  • (123,000 / $113,000)
  • 375%
  • (180,000 / $48,000)
20Lakeland Mortgage Corporation 10 90%0%
  • 251%
  • (181,000 / $72,000)
0

Seavey, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,143
  2. Loan Applications Denied: 226
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 705
  5. % of Loan Applications Originated 61

Seavey, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Debt-to-income ratio13
Credit history10
Unverifiable information2
Insufficient cash (downpayment, closing costs)1

Seavey, 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 - $100,000298 5725
$100,000 - $300,000751 6216
$300,000 - $500,00091 6026
$500,000 - $1,000,0003 660

Seavey, 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 - $100,000781 5722
$100,000 - $300,000321 6714
$300,000 - $500,00022 7218
$500,000 - $1,000,00016 806
$1,000,000 - $1,500,0001 0100
$1,500,000 - $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Seavey, 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%4456 34
30 - 60%6661 21
60 - 100%12664 17
100 - 200%32267 16
200 - 300%26860 15
300 - 400%15761 21
> 400%16049 29

Seavey, 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 Dwelling758 5522
Not Owner-Occupied As A Principal Dwelling361 7214

Home Owner Property Type Statistics in Seavey, 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)999 6219
Manufactured Housing89 5526
One To Four-Family55 637
More Seavey, MN Mortgage Research: