Top St. Francis, MN Mortgage Lenders

RankSt. Francis Mortgage LenderSt. Francis Home Loans ProcessedSt. Francis Home Loans ApprovedSt. Francis Home Loans DeniedSt. Francis Mortgage Median Loan to Income Ratio (LTR) for Approved LoansSt. Francis Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,584 62%19%
  • 227%
  • (125,000 Loan / $55,000 Income)
  • 223%
  • (203,000 Loan / $91,000 Income)
2Jpmorgan Chase Bank 451 83%13%
  • 252%
  • (63,000 / $25,000)
  • 267%
  • (115,000 / $43,000)
3Us Bank 445 83%10%
  • 255%
  • (176,000 / $69,000)
  • 271%
  • (231,000 / $85,000)
4Citimortgage 412 78%7%
  • 300%
  • (96,000 / $32,000)
  • 309%
  • (167,000 / $54,000)
5Countrywide Bank Fsb 372 68%16%
  • 263%
  • (108,000 / $41,000)
  • 317%
  • (181,000 / $57,000)
6Tcf National Bank 325 32%44%
  • 238%
  • (222,000 / $93,000)
  • 300%
  • (162,000 / $54,000)
7Bank Of America 314 77%12%
  • 256%
  • (231,000 / $90,000)
  • 280%
  • (160,000 / $57,000)
8Countrywide Home Loans 266 74%14%
  • 271%
  • (266,000 / $98,000)
  • 237%
  • (547,000 / $230,000)
9Citibank 226 72%14%
  • 133%
  • (111,000 / $83,000)
  • 157%
  • (242,000 / $154,000)
10Affinity Plus Federal Credit U 198 71%6%
  • 127%
  • (130,000 / $102,000)
  • 321%
  • (183,000 / $57,000)
11Wells Fargo Funding 184 97%2%
  • 386%
  • (147,000 / $38,000)
  • 392%
  • (196,000 / $50,000)
12Bell America Mortgage Llc Dba 171 68%5%
  • 285%
  • (183,000 / $64,000)
  • 320%
  • (128,000 / $40,000)
13The Business Bank 143 90%6%
  • 281%
  • (234,000 / $83,000)
  • 213%
  • (171,000 / $80,000)
14Mortgage Guaranty Insurance Co 142 72%7%
  • 304%
  • (377,000 / $124,000)
  • 269%
  • (175,000 / $65,000)
15Us Bank North Dakota 133 29%45%
  • 147%
  • (84,000 / $57,000)
  • 269%
  • (140,000 / $52,000)
16C.U. Mortgage Services, 118 51%19%
  • 227%
  • (184,000 / $81,000)
  • 267%
  • (158,000 / $59,000)
17Beneficial Company Llc 117 2%73%
  • 208%
  • (292,000 / $140,000)
  • 290%
  • (235,000 / $81,000)
18Village Bank 112 37%33%
  • 64%
  • (16,000 / $25,000)
  • 213%
  • (213,000 / $100,000)
19Wells Fargo Fin'l Minnesota 109 13%56%
  • 288%
  • (219,000 / $76,000)
  • 200%
  • (90,000 / $45,000)
20Quicken Loans 99 73%23%
  • 267%
  • (182,000 / $68,000)
  • 383%
  • (299,000 / $78,000)

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

  1. Loan Applications Processed: 10,728
  2. Loan Applications Denied: 2,150
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 6,656
  5. % of Loan Applications Originated 62

St. Francis, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Credit history11
Debt-to-income ratio10
Credit application incomplete4
Unverifiable information2

St. Francis, 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 - $100,0002,446 5922
$100,000 - $300,0007,334 6317
$300,000 - $500,000918 5028
$500,000 - $1,000,00027 3644
$1,000,000 - $1,500,0003 3366

St. Francis, 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 - $100,0008,593 6120
$100,000 - $300,0002,042 6219
$300,000 - $500,00055 5920
$500,000 - $1,000,00026 4911
$1,000,000 - $1,500,0006 3333
$1,500,000 - $2,000,0004 500
> $2,000,0002 050

Loan to Income Ratios Research for Mortgage in St. Francis, 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%46154 30
30 - 60%55257 23
60 - 100%69856 22
100 - 200%1,97965 17
200 - 300%3,09265 16
300 - 400%2,27462 18
> 400%1,67252 27

St. Francis, 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 Dwelling10,333 6219
Not Owner-Occupied As A Principal Dwelling372 6222
Not Applicable5 6020

Home Owner Property Type Statistics in St. Francis, 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)9,935 6120
One To Four-Family597 725
Manufactured Housing196 3347
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