Top Sioux Valley, MN Mortgage Lenders

RankSioux Valley Mortgage LenderSioux Valley Home Loans ProcessedSioux Valley Home Loans ApprovedSioux Valley Home Loans DeniedSioux Valley Mortgage Median Loan to Income Ratio (LTR) for Approved LoansSioux Valley Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 53 64%15%
  • 157%
  • (99,000 Loan / $63,000 Income)
  • 98%
  • (72,000 Loan / $73,000 Income)
2Agstar Financial Services 49 65%6%
  • 114%
  • (128,000 / $112,000)
  • 390%
  • (203,000 / $52,000)
3Bank Of The West 31 67%19%
  • 118%
  • (150,000 / $127,000)
  • 145%
  • (35,000 / $24,000)
4Jpmorgan Chase Bank 26 73%23%
  • 277%
  • (75,000 / $27,000)
  • 216%
  • (52,000 / $24,000)
5United Prairie Bank 22 68%9%
  • 161%
  • (50,000 / $31,000)
  • 236%
  • (71,000 / $30,000)
6Beneficial Company Llc 22 9%68%
  • 197%
  • (67,000 / $34,000)
  • 160%
  • (80,000 / $50,000)
7Citifinancial Services Inc 21 42%38%
  • 142%
  • (74,000 / $52,000)
  • 119%
  • (55,000 / $46,000)
8Genworth Mortgage Insurance Co 20 65%0%
  • 174%
  • (47,000 / $27,000)
0
9First National Bank 20 95%0%
  • 44%
  • (11,000 / $25,000)
0
10Countrywide Bank Fsb 20 65%20%
  • 243%
  • (100,000 / $41,000)
  • 119%
  • (110,000 / $92,000)
11Bank Of America 18 77%16%
  • 176%
  • (97,000 / $55,000)
  • 189%
  • (70,000 / $37,000)
12Northwest Bank 15 73%20%
  • 150%
  • (78,000 / $52,000)
  • 292%
  • (82,000 / $28,000)
13Embrace Home Loans, 15 20%33%
  • 78%
  • (15,000 / $19,000)
  • 125%
  • (50,000 / $40,000)
14State Farm Bank 14 50%28%
  • 102%
  • (44,000 / $43,000)
  • 109%
  • (59,000 / $54,000)
15United Guaranty Corporation 11 81%18%
  • 116%
  • (65,000 / $56,000)
  • 247%
  • (89,000 / $36,000)
16Pmi Mortgage Insurance Co. 10 80%0%
  • 207%
  • (203,000 / $98,000)
0
17Mortgage Guaranty Insurance Co 10 90%10%
  • 110%
  • (52,000 / $47,000)
  • 162%
  • (135,000 / $83,000)
18Tradition Mortgage 9 44%55%
  • 137%
  • (84,000 / $61,000)
  • 158%
  • (100,000 / $63,000)
19Quicken Loans 9 77%11%
  • 235%
  • (113,000 / $48,000)
  • 141%
  • (85,000 / $60,000)
20Merchants Bank 8 100%0%
  • 102%
  • (92,000 / $90,000)
0

Sioux Valley, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 574
  2. Loan Applications Denied: 120
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 349
  5. % of Loan Applications Originated 60

Sioux Valley, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral8
Credit history7
Debt-to-income ratio4
Credit application incomplete2
Unverifiable information1

Sioux Valley, 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 - $100,000416 6022
$100,000 - $300,000153 5916
$300,000 - $500,0004 5025
$500,000 - $1,000,0001 1000

Sioux Valley, 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 - $100,000524 6021
$100,000 - $300,00046 6513
$300,000 - $500,0002 00
$500,000 - $1,000,0001 00
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Sioux Valley, 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%2968 17
30 - 60%5058 16
60 - 100%8869 19
100 - 200%23059 20
200 - 300%11660 22
300 - 400%3753 16
> 400%2445 41

Sioux Valley, 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 Dwelling549 6021
Not Owner-Occupied As A Principal Dwelling23 6517
Not Applicable2 00

Home Owner Property Type Statistics in Sioux Valley, 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)507 5822
One To Four-Family61 804
Manufactured Housing6 5016
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