Top South Haven, MN Mortgage Lenders

RankSouth Haven Mortgage LenderSouth Haven Home Loans ProcessedSouth Haven Home Loans ApprovedSouth Haven Home Loans DeniedSouth Haven Mortgage Median Loan to Income Ratio (LTR) for Approved LoansSouth Haven Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 549 61%18%
  • 195%
  • (180,000 Loan / $92,000 Income)
  • 192%
  • (160,000 Loan / $83,000 Income)
2Us Bank 147 80%10%
  • 231%
  • (139,000 / $60,000)
  • 212%
  • (51,000 / $24,000)
3Jpmorgan Chase Bank 141 82%14%
  • 243%
  • (202,000 / $83,000)
  • 230%
  • (150,000 / $65,000)
4Annandale State Bank 137 77%13%
  • 185%
  • (252,000 / $136,000)
  • 236%
  • (180,000 / $76,000)
5Countrywide Bank Fsb 100 68%15%
  • 268%
  • (78,000 / $29,000)
  • 250%
  • (220,000 / $88,000)
6Bank Of America 84 67%23%
  • 268%
  • (145,000 / $54,000)
  • 370%
  • (148,000 / $40,000)
7Citimortgage 66 74%7%
  • 246%
  • (160,000 / $65,000)
  • 361%
  • (188,000 / $52,000)
8Mortgage Guaranty Insurance Co 60 68%10%
  • 265%
  • (252,000 / $95,000)
  • 297%
  • (208,000 / $70,000)
9Tcf National Bank 59 30%42%
  • 212%
  • (104,000 / $49,000)
  • 292%
  • (281,000 / $96,000)
10Kleinbank 54 72%12%
  • 254%
  • (140,000 / $55,000)
  • 309%
  • (316,000 / $102,000)
11Liberty Savings Bank Fsb 51 96%3%
  • 250%
  • (175,000 / $70,000)
  • 615%
  • (400,000 / $65,000)
12Wells Fargo Funding 49 97%2%
  • 366%
  • (205,000 / $56,000)
  • 311%
  • (252,000 / $81,000)
13Citibank 49 57%20%
  • 129%
  • (80,000 / $62,000)
  • 148%
  • (129,000 / $87,000)
14First National Bank Of Elk Riv 46 78%15%
  • 158%
  • (65,000 / $41,000)
  • 259%
  • (306,000 / $118,000)
15Countrywide Home Loans 45 77%13%
  • 190%
  • (171,000 / $90,000)
  • 205%
  • (78,000 / $38,000)
16Merchants Bank 38 84%10%
  • 278%
  • (167,000 / $60,000)
  • 350%
  • (270,000 / $77,000)
17Affinity Plus Federal Credit U 38 60%2%
  • 217%
  • (178,000 / $82,000)
  • 357%
  • (150,000 / $42,000)
18Us Bank North Dakota 35 34%28%
  • 269%
  • (240,000 / $89,000)
  • 103%
  • (62,000 / $60,000)
19Hfc Company Llc 32 12%81%
  • 361%
  • (123,000 / $34,000)
  • 354%
  • (177,000 / $50,000)
20Phh Home Loans 31 54%9%
  • 256%
  • (164,000 / $64,000)
  • 488%
  • (83,000 / $17,000)

South Haven, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,108
  2. Loan Applications Denied: 531
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 2,016
  5. % of Loan Applications Originated 64

South Haven, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Debt-to-income ratio11
Credit history9
Credit application incomplete4
Unverifiable information1

South Haven, 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 - $100,000681 6118
$100,000 - $300,0002,087 6515
$300,000 - $500,000313 6021
$500,000 - $1,000,00023 5613
$1,000,000 - $1,500,0004 2550

South Haven, 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 - $100,0002,270 6218
$100,000 - $300,000723 6813
$300,000 - $500,00065 769
$500,000 - $1,000,00043 719
$1,000,000 - $1,500,0004 750
$1,500,000 - $2,000,0002 0100
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in South Haven, 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%9767 14
30 - 60%17556 17
60 - 100%26268 18
100 - 200%75469 14
200 - 300%81266 13
300 - 400%57661 18
> 400%43256 25

South Haven, 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 Dwelling2,628 6318
Not Owner-Occupied As A Principal Dwelling463 7412
Not Applicable4 1000

Home Owner Property Type Statistics in South Haven, 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)2,929 6417
One To Four-Family150 725
Manufactured Housing29 4437
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