Top Southside, MN Mortgage Lenders

RankSouthside Mortgage LenderSouthside Home Loans ProcessedSouthside Home Loans ApprovedSouthside Home Loans DeniedSouthside Mortgage Median Loan to Income Ratio (LTR) for Approved LoansSouthside Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 793 62%18%
  • 193%
  • (58,000 Loan / $30,000 Income)
  • 194%
  • (235,000 Loan / $121,000 Income)
2Annandale State Bank 292 74%14%
  • 186%
  • (172,000 / $92,000)
  • 185%
  • (215,000 / $116,000)
3Us Bank 217 78%14%
  • 229%
  • (324,000 / $141,000)
  • 187%
  • (1,100,000 / $586,000)
4Jpmorgan Chase Bank 210 80%13%
  • 243%
  • (202,000 / $83,000)
  • 206%
  • (336,000 / $163,000)
5Countrywide Bank Fsb 132 70%15%
  • 276%
  • (83,000 / $30,000)
  • 212%
  • (200,000 / $94,000)
6Bank Of America 124 69%20%
  • 284%
  • (213,000 / $75,000)
  • 360%
  • (332,000 / $92,000)
7Kleinbank 118 74%10%
  • 294%
  • (103,000 / $35,000)
  • 340%
  • (300,000 / $88,000)
8First National Bank Of Elk Riv 100 73%15%
  • 158%
  • (65,000 / $41,000)
  • 259%
  • (306,000 / $118,000)
9Liberty Savings Bank Fsb 97 93%3%
  • 244%
  • (115,000 / $47,000)
  • 600%
  • (84,000 / $14,000)
10Citimortgage 94 67%11%
  • 276%
  • (130,000 / $47,000)
  • 325%
  • (260,000 / $80,000)
11Mortgage Guaranty Insurance Co 84 63%14%
  • 281%
  • (197,000 / $70,000)
  • 464%
  • (232,000 / $50,000)
12Citibank 70 61%18%
  • 134%
  • (67,000 / $50,000)
  • 100%
  • (25,000 / $25,000)
13Countrywide Home Loans 68 83%11%
  • 243%
  • (309,000 / $127,000)
  • 159%
  • (507,000 / $318,000)
14Wells Fargo Funding 60 96%1%
  • 366%
  • (205,000 / $56,000)
  • 311%
  • (252,000 / $81,000)
15Affinity Plus Federal Credit U 57 66%1%
  • 131%
  • (197,000 / $150,000)
  • 441%
  • (150,000 / $34,000)
16Merchants Bank 55 89%5%
  • 271%
  • (160,000 / $59,000)
  • 350%
  • (270,000 / $77,000)
17Us Bank North Dakota 49 26%36%
  • 183%
  • (141,000 / $77,000)
  • 171%
  • (417,000 / $243,000)
18Phh Home Loans 49 57%12%
  • 273%
  • (572,000 / $209,000)
  • 296%
  • (89,000 / $30,000)
19Phh Mortgage Corporation 48 83%4%
  • 272%
  • (275,000 / $101,000)
  • 330%
  • (235,000 / $71,000)
20Quicken Loans 43 65%30%
  • 274%
  • (85,000 / $31,000)
  • 368%
  • (295,000 / $80,000)

Southside, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,612
  2. Loan Applications Denied: 806
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 3,015
  5. % of Loan Applications Originated 65

Southside, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio11
Credit history11
Credit application incomplete4
Unverifiable information1

Southside, 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 - $100,000955 6022
$100,000 - $300,0003,043 6515
$300,000 - $500,000555 6518
$500,000 - $1,000,00048 5922
$1,000,000 - $1,500,0007 4242
$1,500,000 - $2,000,0004 0100

Southside, 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 - $100,0003,245 6219
$100,000 - $300,0001,179 7112
$300,000 - $500,000121 7114
$500,000 - $1,000,00056 6814
$1,000,000 - $1,500,0007 7114
$1,500,000 - $2,000,0003 0100
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Southside, 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%17464 20
30 - 60%23959 17
60 - 100%42366 19
100 - 200%1,13269 15
200 - 300%1,15166 13
300 - 400%84364 18
> 400%65056 25

Southside, 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 Dwelling3,802 6318
Not Owner-Occupied As A Principal Dwelling775 7213
Not Applicable1 0100

Home Owner Property Type Statistics in Southside, 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)4,274 6617
One To Four-Family224 669
Manufactured Housing114 3747
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