Top Sunfish Lake, MN Mortgage Lenders

RankSunfish Lake Mortgage LenderSunfish Lake Home Loans ProcessedSunfish Lake Home Loans ApprovedSunfish Lake Home Loans DeniedSunfish Lake Mortgage Median Loan to Income Ratio (LTR) for Approved LoansSunfish Lake Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 311 72%12%
  • 173%
  • (200,000 Loan / $115,000 Income)
  • 188%
  • (79,000 Loan / $42,000 Income)
2Us Bank 87 82%9%
  • 218%
  • (225,000 / $103,000)
  • 259%
  • (236,000 / $91,000)
3Jpmorgan Chase Bank 76 89%7%
  • 198%
  • (127,000 / $64,000)
  • 310%
  • (816,000 / $263,000)
4Citimortgage 52 80%7%
  • 242%
  • (148,000 / $61,000)
  • 301%
  • (205,000 / $68,000)
5Bank Of America 41 85%9%
  • 310%
  • (404,000 / $130,000)
  • 447%
  • (389,000 / $87,000)
6Tcf National Bank 39 35%33%
  • 217%
  • (98,000 / $45,000)
  • 303%
  • (291,000 / $96,000)
7Affinity Plus Federal Credit U 39 66%0%
  • 147%
  • (136,000 / $92,000)
0
8Us Bk Na Nd 36 55%27%
  • 108%
  • (164,000 / $151,000)
  • 224%
  • (746,000 / $332,000)
9Wells Fargo Funding 33 100%0%
  • 269%
  • (143,000 / $53,000)
0
10The Business Bank 30 93%6%
  • 196%
  • (220,000 / $112,000)
  • 260%
  • (146,000 / $56,000)
11Marketplace Home Mortgage Llc 26 84%0%
  • 231%
  • (417,000 / $180,000)
0
12Bremer Bank Na (Twin Cities) 22 100%0%
  • 62%
  • (403,000 / $648,000)
0
13Ally Bank 22 95%4%
  • 231%
  • (255,000 / $110,000)
  • 826%
  • (372,000 / $45,000)
14Citibank 20 70%10%
  • 92%
  • (84,000 / $91,000)
  • 585%
  • (205,000 / $35,000)
15Tradition Mortgage 18 77%22%
  • 150%
  • (270,000 / $180,000)
  • 197%
  • (199,000 / $101,000)
16Summit Mortgage Corporation 17 88%0%
  • 245%
  • (182,000 / $74,000)
0
17Quicken Loans 17 76%23%
  • 330%
  • (165,000 / $50,000)
  • 246%
  • (101,000 / $41,000)
18Countrywide Bank Fsb 16 56%25%
  • 202%
  • (87,000 / $43,000)
  • 393%
  • (307,000 / $78,000)
19Associated Bank Na 16 56%12%
  • 126%
  • (236,000 / $186,000)
  • 274%
  • (560,000 / $204,000)
20Radian Guaranty 15 86%0%
  • 300%
  • (216,000 / $72,000)
0

Sunfish Lake, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,461
  2. Loan Applications Denied: 171
  3. % of Loan Applications Denied: 11
  4. # of Loan Originations: 1,072
  5. % of Loan Applications Originated 73

Sunfish Lake, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral18
Credit history10
Debt-to-income ratio9
Credit application incomplete3
Unverifiable information2

Sunfish Lake, 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 - $100,000231 729
$100,000 - $300,000798 7411
$300,000 - $500,000350 7411
$500,000 - $1,000,00069 5517
$1,000,000 - $1,500,0008 5025
$1,500,000 - $2,000,0004 7525
> $2,000,0001 1000

Sunfish Lake, 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 - $100,000722 6913
$100,000 - $300,000622 779
$300,000 - $500,00056 738
$500,000 - $1,000,00045 6113
$1,000,000 - $1,500,0006 5016
$1,500,000 - $2,000,0003 990
> $2,000,0007 8514

Loan to Income Ratios Research for Mortgage in Sunfish Lake, 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%4773 6
30 - 60%7973 7
60 - 100%11575 9
100 - 200%44978 9
200 - 300%41771 12
300 - 400%22171 11
> 400%13363 21

Sunfish Lake, 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 Dwelling1,412 7311
Not Owner-Occupied As A Principal Dwelling46 6515
Not Applicable3 660

Home Owner Property Type Statistics in Sunfish Lake, 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)1,411 7211
One To Four-Family45 950
Manufactured Housing5 4060
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