Top St. James, MN Mortgage Lenders

RankSt. James Mortgage LenderSt. James Home Loans ProcessedSt. James Home Loans ApprovedSt. James Home Loans DeniedSt. James Mortgage Median Loan to Income Ratio (LTR) for Approved LoansSt. James Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 4,355 65%15%
  • 185%
  • (128,000 Loan / $69,000 Income)
  • 180%
  • (94,000 Loan / $52,000 Income)
2Jpmorgan Chase Bank 1,180 87%10%
  • 218%
  • (59,000 / $27,000)
  • 239%
  • (67,000 / $28,000)
3Affinity Plus Federal Credit U 1,146 65%6%
  • 131%
  • (100,000 / $76,000)
  • 241%
  • (150,000 / $62,000)
4Us Bank 842 79%12%
  • 211%
  • (150,000 / $71,000)
  • 238%
  • (509,000 / $213,000)
5Citimortgage 684 81%7%
  • 215%
  • (149,000 / $69,000)
  • 258%
  • (80,000 / $31,000)
6Bank Of America 672 78%12%
  • 224%
  • (130,000 / $58,000)
  • 256%
  • (300,000 / $117,000)
7Countrywide Bank Fsb 483 70%18%
  • 195%
  • (123,000 / $63,000)
  • 271%
  • (76,000 / $28,000)
8Cornerstone Mortgage Company 397 85%3%
  • 269%
  • (113,000 / $42,000)
  • 311%
  • (106,000 / $34,000)
9Northview Bank 376 59%21%
  • 178%
  • (25,000 / $14,000)
  • 212%
  • (53,000 / $25,000)
10Mortgage Guaranty Insurance Co 368 71%9%
  • 239%
  • (153,000 / $64,000)
  • 252%
  • (111,000 / $44,000)
11State Bank & Trust 353 76%11%
  • 136%
  • (141,000 / $103,000)
  • 239%
  • (211,000 / $88,000)
12Wells Fargo Funding 337 97%2%
  • 169%
  • (110,000 / $65,000)
  • 207%
  • (85,000 / $41,000)
13Bremer Bank Na (Fargo) 336 77%7%
  • 130%
  • (160,000 / $123,000)
  • 152%
  • (29,000 / $19,000)
14Beneficial Company Llc 292 5%81%
  • 194%
  • (113,000 / $58,000)
  • 231%
  • (125,000 / $54,000)
15Embrace Home Loans, 281 4%44%
  • 218%
  • (72,000 / $33,000)
  • 248%
  • (149,000 / $60,000)
16Countrywide Home Loans 278 80%13%
  • 201%
  • (113,000 / $56,000)
  • 232%
  • (251,000 / $108,000)
17Pioneer Bank 259 87%7%
  • 68%
  • (15,000 / $22,000)
  • 166%
  • (10,000 / $6,000)
18Genworth Mortgage Insurance Co 259 67%3%
  • 221%
  • (210,000 / $95,000)
  • 285%
  • (183,000 / $64,000)
19Phh Mortgage Corporation 244 83%4%
  • 228%
  • (103,000 / $45,000)
  • 282%
  • (198,000 / $70,000)
20Frandsen Bank & Trust 221 85%7%
  • 176%
  • (120,000 / $68,000)
  • 164%
  • (128,000 / $78,000)

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

  1. Loan Applications Processed: 24,538
  2. Loan Applications Denied: 4,227
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 16,043
  5. % of Loan Applications Originated 65

St. James, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Credit history12
Debt-to-income ratio10
Credit application incomplete3
Unverifiable information1

St. James, 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 - $100,0009,619 6318
$100,000 - $300,00013,341 6516
$300,000 - $500,0001,357 6714
$500,000 - $1,000,000185 6920
$1,000,000 - $1,500,00030 6320
$1,500,000 - $2,000,0003 660
> $2,000,0003 660

St. James, 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 - $100,00019,565 6218
$100,000 - $300,0004,392 7211
$300,000 - $500,000360 7113
$500,000 - $1,000,000169 7310
$1,000,000 - $1,500,00031 6322
$1,500,000 - $2,000,0009 880
> $2,000,00012 838

Loan to Income Ratios Research for Mortgage in St. James, 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%1,12264 20
30 - 60%1,58565 18
60 - 100%2,31468 16
100 - 200%7,52268 14
200 - 300%6,47564 15
300 - 400%3,43662 18
> 400%2,08451 28

St. James, 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 Dwelling21,514 6417
Not Owner-Occupied As A Principal Dwelling2,911 7312
Not Applicable33 5112

Home Owner Property Type Statistics in St. James, 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)22,698 6517
One To Four-Family1,255 745
Manufactured Housing585 4831
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