Top St. Clair, MN Mortgage Lenders

RankSt. Clair Mortgage LenderSt. Clair Home Loans ProcessedSt. Clair Home Loans ApprovedSt. Clair Home Loans DeniedSt. Clair Mortgage Median Loan to Income Ratio (LTR) for Approved LoansSt. Clair Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 225 70%11%
  • 217%
  • (239,000 Loan / $110,000 Income)
  • 224%
  • (283,000 Loan / $126,000 Income)
2Affinity Plus Federal Credit U 57 73%7%
  • 127%
  • (197,000 / $154,000)
  • 397%
  • (135,000 / $34,000)
3Wells Federal Bank 46 65%17%
  • 183%
  • (110,000 / $60,000)
  • 214%
  • (105,000 / $49,000)
4Agstar Financial Services 31 64%6%
  • 306%
  • (184,000 / $60,000)
  • 368%
  • (295,000 / $80,000)
5Us Bank 28 82%10%
  • 122%
  • (188,000 / $154,000)
  • 250%
  • (133,000 / $53,000)
6Community Bank Mankato 23 95%0%
  • 251%
  • (417,000 / $166,000)
0
7Mortgage Guaranty Insurance Co 22 63%9%
  • 275%
  • (229,000 / $83,000)
  • 400%
  • (120,000 / $30,000)
8Tcf National Bank 18 50%33%
  • 180%
  • (135,000 / $75,000)
  • 269%
  • (140,000 / $52,000)
9First Financial Bank 16 87%0%
  • 147%
  • (81,000 / $55,000)
0
10Countrywide Bank Fsb 16 93%6%
  • 224%
  • (280,000 / $125,000)
  • 231%
  • (199,000 / $86,000)
11St. Clair State Bank 15 100%0%
  • 74%
  • (56,000 / $75,000)
0
12Genworth Mortgage Insurance Co 15 60%0%
  • 290%
  • (174,000 / $60,000)
0
13Citimortgage 15 86%0%
  • 288%
  • (101,000 / $35,000)
0
14Us Bank North Dakota 12 75%16%
  • 78%
  • (22,000 / $28,000)
  • 108%
  • (50,000 / $46,000)
15Mortgage Services Iii, L.L.C. 10 100%0%
  • 403%
  • (125,000 / $31,000)
0
16Jpmorgan Chase Bank 10 90%0%
  • 350%
  • (284,000 / $81,000)
0
17Hiway Federal Credit Union 10 70%20%
  • 47%
  • (40,000 / $85,000)
  • 302%
  • (315,000 / $104,000)
18Beneficial Company Llc 10 0%80% 0
  • 297%
  • (134,000 / $45,000)
19Phh Mortgage Corporation 9 100%0%
  • 169%
  • (154,000 / $91,000)
0
20Minnstar Bank N.A. 9 77%22%
  • 83%
  • (10,000 / $12,000)
  • 500%
  • (100,000 / $20,000)

St. Clair, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 844
  2. Loan Applications Denied: 111
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 590
  5. % of Loan Applications Originated 69

St. Clair, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history11
Collateral8
Debt-to-income ratio6
Insufficient cash (downpayment, closing costs)1
Employment history1

St. Clair, 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 - $100,000214 6913
$100,000 - $300,000549 6913
$300,000 - $500,00071 698
$500,000 - $1,000,00010 7020

St. Clair, 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 - $100,000616 6814
$100,000 - $300,000212 6910
$300,000 - $500,0008 8712
$500,000 - $1,000,0008 1000

Loan to Income Ratios Research for Mortgage in St. Clair, 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%3674 8
30 - 60%5060 12
60 - 100%8480 8
100 - 200%21276 9
200 - 300%26268 12
300 - 400%12061 20
> 400%8056 22

St. Clair, 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 Dwelling829 6913
Not Owner-Occupied As A Principal Dwelling14 6414

Home Owner Property Type Statistics in St. Clair, 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)769 7013
One To Four-Family63 736
Manufactured Housing12 3341
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