Top St. Paul, MN Mortgage Lenders

RankSt. Paul Mortgage LenderSt. Paul Home Loans ProcessedSt. Paul Home Loans ApprovedSt. Paul Home Loans DeniedSt. Paul Mortgage Median Loan to Income Ratio (LTR) for Approved LoansSt. Paul Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 16,436 64%16%
  • 209%
  • (216,000 Loan / $103,000 Income)
  • 193%
  • (232,000 Loan / $120,000 Income)
2Us Bank 4,494 78%11%
  • 232%
  • (93,000 / $40,000)
  • 244%
  • (66,000 / $27,000)
3Jpmorgan Chase Bank 4,116 85%11%
  • 214%
  • (227,000 / $106,000)
  • 237%
  • (95,000 / $40,000)
4Affinity Plus Federal Credit U 3,173 64%3%
  • 132%
  • (113,000 / $85,000)
  • 240%
  • (120,000 / $50,000)
5Citimortgage 3,064 78%9%
  • 225%
  • (99,000 / $44,000)
  • 269%
  • (221,000 / $82,000)
6Countrywide Bank Fsb 2,424 68%19%
  • 229%
  • (275,000 / $120,000)
  • 277%
  • (172,000 / $62,000)
7Bank Of America 2,409 77%11%
  • 232%
  • (137,000 / $59,000)
  • 270%
  • (81,000 / $30,000)
8Tcf National Bank 2,387 24%48%
  • 202%
  • (235,000 / $116,000)
  • 288%
  • (130,000 / $45,000)
9Wells Fargo Funding 1,909 98%1%
  • 202%
  • (394,000 / $195,000)
  • 277%
  • (125,000 / $45,000)
10Mortgage Guaranty Insurance Co 1,500 71%7%
  • 302%
  • (315,000 / $104,000)
  • 309%
  • (170,000 / $55,000)
11Citibank 1,473 72%13%
  • 150%
  • (60,000 / $40,000)
  • 129%
  • (35,000 / $27,000)
12Countrywide Home Loans 1,464 77%14%
  • 276%
  • (188,000 / $68,000)
  • 270%
  • (208,000 / $77,000)
13Phh Home Loans 1,380 83%4%
  • 260%
  • (180,000 / $69,000)
  • 250%
  • (411,000 / $164,000)
14Us Bk Na Nd 1,351 39%46%
  • 118%
  • (118,000 / $100,000)
  • 172%
  • (202,000 / $117,000)
15The Business Bank 1,342 92%4%
  • 236%
  • (201,000 / $85,000)
  • 247%
  • (302,000 / $122,000)
16Us Bank North Dakota 1,173 29%47%
  • 125%
  • (50,000 / $40,000)
  • 180%
  • (121,000 / $67,000)
17Hiway Federal Credit Union 1,006 64%15%
  • 97%
  • (70,000 / $72,000)
  • 100%
  • (35,000 / $35,000)
18Bell America Mortgage Llc Dba 997 71%2%
  • 276%
  • (163,000 / $59,000)
  • 333%
  • (50,000 / $15,000)
19United Guaranty Corporation 948 77%5%
  • 273%
  • (126,000 / $46,000)
  • 273%
  • (123,000 / $45,000)
20Radian Guaranty 871 78%1%
  • 273%
  • (123,000 / $45,000)
  • 276%
  • (227,000 / $82,000)

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

  1. Loan Applications Processed: 96,877
  2. Loan Applications Denied: 17,339
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 62,042
  5. % of Loan Applications Originated 64

St. Paul, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Credit history10
Debt-to-income ratio9
Credit application incomplete3
Unverifiable information2

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 - $100,00025,637 5921
$100,000 - $300,00063,644 6416
$300,000 - $500,0006,982 6813
$500,000 - $1,000,000572 5621
$1,000,000 - $1,500,00035 5031
$1,500,000 - $2,000,0005 400
> $2,000,0002 0100

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 - $100,00072,742 6219
$100,000 - $300,00022,352 6913
$300,000 - $500,0001,244 6813
$500,000 - $1,000,000424 6513
$1,000,000 - $1,500,00069 5813
$1,500,000 - $2,000,00025 6412
> $2,000,00021 769

Loan to Income Ratios Research for Mortgage in 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%4,27858 23
30 - 60%5,46660 20
60 - 100%7,61063 18
100 - 200%24,15166 14
200 - 300%26,32367 15
300 - 400%17,57663 17
> 400%11,47351 27

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 Dwelling88,176 6417
Not Owner-Occupied As A Principal Dwelling8,238 6021
Not Applicable65 6310

Home Owner Property Type Statistics in 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)90,656 6318
One To Four-Family5,820 754
Manufactured Housing401 2653
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