Top Stony River, MN Mortgage Lenders

RankStony River Mortgage LenderStony River Home Loans ProcessedStony River Home Loans ApprovedStony River Home Loans DeniedStony River Mortgage Median Loan to Income Ratio (LTR) for Approved LoansStony River Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 247 68%14%
  • 181%
  • (318,000 Loan / $175,000 Income)
  • 138%
  • (61,000 Loan / $44,000 Income)
2Citimortgage 74 74%10%
  • 284%
  • (199,000 / $70,000)
  • 419%
  • (281,000 / $67,000)
3Phh Mortgage Corporation 56 80%8%
  • 235%
  • (158,000 / $67,000)
  • 241%
  • (215,000 / $89,000)
4Jpmorgan Chase Bank 42 78%19%
  • 250%
  • (938,000 / $375,000)
  • 322%
  • (116,000 / $36,000)
5Us Bank 34 73%17%
  • 228%
  • (135,000 / $59,000)
  • 257%
  • (144,000 / $56,000)
6Countrywide Bank Fsb 30 83%10%
  • 208%
  • (152,000 / $73,000)
  • 78%
  • (281,000 / $357,000)
7Bank Of America 30 66%20%
  • 113%
  • (108,000 / $95,000)
  • 416%
  • (125,000 / $30,000)
8Beneficial Company Llc 21 14%71%
  • 52%
  • (45,000 / $85,000)
  • 140%
  • (210,000 / $150,000)
9Countrywide Home Loans 18 72%27%
  • 431%
  • (285,000 / $66,000)
  • 154%
  • (650,000 / $420,000)
10Affinity Plus Federal Credit U 18 77%11%
  • 113%
  • (25,000 / $22,000)
  • 193%
  • (60,000 / $31,000)
11North Shore Bank Of Commerce 17 76%5%
  • 167%
  • (198,000 / $118,000)
  • 33%
  • (10,000 / $30,000)
12Citibank 17 52%35%
  • 122%
  • (109,000 / $89,000)
  • 267%
  • (267,000 / $100,000)
13Guild Mortgage Company 16 100%0% 0 0
14Flagstar Bank 14 50%28%
  • 277%
  • (97,000 / $35,000)
  • 535%
  • (257,000 / $48,000)
15Abn Amro Mtg Group Inc 14 71%0%
  • 269%
  • (288,000 / $107,000)
0
16Boundary Waters Bank 13 61%23%
  • 100%
  • (25,000 / $25,000)
  • 536%
  • (247,000 / $46,000)
17Bell America Mortgage Llc Dba 12 75%0%
  • 171%
  • (125,000 / $73,000)
0
18Quicken Loans 11 81%9%
  • 363%
  • (240,000 / $66,000)
  • 308%
  • (630,000 / $204,000)
19Northview Bank 11 72%9%
  • 159%
  • (401,000 / $251,000)
  • 175%
  • (165,000 / $94,000)
20American Bank Of The North 11 90%9%
  • 121%
  • (160,000 / $132,000)
  • 173%
  • (417,000 / $240,000)

Stony River, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,080
  2. Loan Applications Denied: 183
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 720
  5. % of Loan Applications Originated 66

Stony River, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral24
Debt-to-income ratio11
Credit history6
Unverifiable information2
Credit application incomplete2

Stony River, 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 - $100,000218 5721
$100,000 - $300,000686 6914
$300,000 - $500,000161 6517
$500,000 - $1,000,00015 3346

Stony River, 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 - $100,000663 6418
$100,000 - $300,000355 7114
$300,000 - $500,00042 5816
$500,000 - $1,000,00017 755
$1,000,000 - $1,500,0001 0100
$1,500,000 - $2,000,0001 1000
> $2,000,0001 0100

Loan to Income Ratios Research for Mortgage in Stony River, 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%4355 25
30 - 60%6262 19
60 - 100%10669 15
100 - 200%30069 15
200 - 300%25270 13
300 - 400%16860 19
> 400%14962 21

Stony River, 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 Dwelling801 6517
Not Owner-Occupied As A Principal Dwelling273 6914

Home Owner Property Type Statistics in Stony River, 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)998 6716
One To Four-Family42 762
Manufactured Housing40 3742
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