Top South St. Paul, MN Mortgage Lenders

RankSouth St. Paul Mortgage LenderSouth St. Paul Home Loans ProcessedSouth St. Paul Home Loans ApprovedSouth St. Paul Home Loans DeniedSouth St. Paul Mortgage Median Loan to Income Ratio (LTR) for Approved LoansSouth St. Paul Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,081 65%15%
  • 222%
  • (151,000 Loan / $68,000 Income)
  • 225%
  • (216,000 Loan / $96,000 Income)
2Jpmorgan Chase Bank 555 85%13%
  • 225%
  • (158,000 / $70,000)
  • 210%
  • (80,000 / $38,000)
3Us Bank 435 80%8%
  • 258%
  • (129,000 / $50,000)
  • 240%
  • (132,000 / $55,000)
4Citimortgage 386 80%6%
  • 216%
  • (208,000 / $96,000)
  • 257%
  • (139,000 / $54,000)
5Tcf National Bank 363 24%45%
  • 204%
  • (139,000 / $68,000)
  • 302%
  • (209,000 / $69,000)
6Bank Of America 347 78%12%
  • 235%
  • (179,000 / $76,000)
  • 262%
  • (184,000 / $70,000)
7Affinity Plus Federal Credit U 334 66%2%
  • 115%
  • (66,000 / $57,000)
  • 144%
  • (137,000 / $95,000)
8Countrywide Bank Fsb 326 73%15%
  • 260%
  • (112,000 / $43,000)
  • 322%
  • (145,000 / $45,000)
9Bremer Bank Na (Twin Cities) 304 69%7%
  • 202%
  • (168,000 / $83,000)
  • 86%
  • (155,000 / $179,000)
10Wells Fargo Funding 241 97%1%
  • 194%
  • (97,000 / $50,000)
  • 353%
  • (99,000 / $28,000)
11Citibank 229 75%8%
  • 160%
  • (194,000 / $121,000)
  • 128%
  • (132,000 / $103,000)
12The Business Bank 227 94%3%
  • 264%
  • (98,000 / $37,000)
  • 290%
  • (145,000 / $50,000)
13Countrywide Home Loans 217 83%10%
  • 229%
  • (85,000 / $37,000)
  • 229%
  • (246,000 / $107,000)
14Mortgage Guaranty Insurance Co 189 73%7%
  • 348%
  • (202,000 / $58,000)
  • 307%
  • (200,000 / $65,000)
15Phh Home Loans 166 83%5%
  • 281%
  • (155,000 / $55,000)
  • 305%
  • (159,000 / $52,000)
16C.U. Mortgage Services, 166 56%7%
  • 211%
  • (108,000 / $51,000)
  • 270%
  • (165,000 / $61,000)
17Hiway Federal Credit Union 129 72%6%
  • 123%
  • (187,000 / $151,000)
  • 10%
  • (4,000 / $39,000)
18United Guaranty Corporation 126 69%7%
  • 278%
  • (167,000 / $60,000)
  • 301%
  • (157,000 / $52,000)
19St. Paul Postal Employees Cu 120 63%20%
  • 179%
  • (97,000 / $54,000)
  • 170%
  • (150,000 / $88,000)
20Bell America Mortgage Llc Dba 118 66%1%
  • 280%
  • (202,000 / $72,000)
  • 200%
  • (106,000 / $53,000)

South St. Paul, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 12,155
  2. Loan Applications Denied: 1,977
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 7,997
  5. % of Loan Applications Originated 65

South St. Paul, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Debt-to-income ratio9
Credit history9
Credit application incomplete3
Unverifiable information1

South St. Paul, 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 - $100,0002,929 6418
$100,000 - $300,0008,880 6515
$300,000 - $500,000341 5821
$500,000 - $1,000,0005 2020

South St. Paul, 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 - $100,00010,205 6516
$100,000 - $300,0001,904 6613
$300,000 - $500,00032 6121
$500,000 - $1,000,00012 3325
$1,000,000 - $1,500,0001 0100
> $2,000,0001 0100

Loan to Income Ratios Research for Mortgage in South St. Paul, 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%48257 26
30 - 60%62463 19
60 - 100%76666 15
100 - 200%2,69068 12
200 - 300%3,55967 13
300 - 400%2,48867 15
> 400%1,54654 25

South St. Paul, 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 Dwelling11,567 6516
Not Owner-Occupied As A Principal Dwelling563 6415
Not Applicable3 033

Home Owner Property Type Statistics in South St. Paul, 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)11,389 6516
One To Four-Family739 754
Manufactured Housing27 1477
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