Top Sverdrup, MN Mortgage Lenders

RankSverdrup Mortgage LenderSverdrup Home Loans ProcessedSverdrup Home Loans ApprovedSverdrup Home Loans DeniedSverdrup Mortgage Median Loan to Income Ratio (LTR) for Approved LoansSverdrup Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 700 69%15%
  • 174%
  • (183,000 Loan / $105,000 Income)
  • 198%
  • (206,000 Loan / $104,000 Income)
2Affinity Plus Federal Credit U 254 76%4%
  • 132%
  • (57,000 / $43,000)
  • 212%
  • (70,000 / $33,000)
3State Bank & Trust 216 72%13%
  • 102%
  • (69,000 / $67,000)
  • 239%
  • (67,000 / $28,000)
4Gate City Bank 202 85%5%
  • 177%
  • (384,000 / $216,000)
  • 275%
  • (80,000 / $29,000)
5American Federal Bank 200 78%16%
  • 172%
  • (205,000 / $119,000)
  • 250%
  • (180,000 / $72,000)
6Jpmorgan Chase Bank 190 83%12%
  • 237%
  • (64,000 / $27,000)
  • 235%
  • (113,000 / $48,000)
7Us Bank 187 73%16%
  • 230%
  • (129,000 / $56,000)
  • 241%
  • (157,000 / $65,000)
8Citimortgage 185 88%3%
  • 226%
  • (242,000 / $107,000)
  • 263%
  • (87,000 / $33,000)
9Bank Of The West 93 77%11%
  • 186%
  • (99,000 / $53,000)
  • 136%
  • (75,000 / $55,000)
10Bank Of America 73 73%13%
  • 199%
  • (225,000 / $113,000)
  • 225%
  • (117,000 / $52,000)
11Citibank 67 64%16%
  • 130%
  • (121,000 / $93,000)
  • 162%
  • (175,000 / $108,000)
12Merchants Bank 64 95%3%
  • 236%
  • (239,000 / $101,000)
  • 490%
  • (147,000 / $30,000)
13Countrywide Bank Fsb 60 71%21%
  • 225%
  • (61,000 / $27,000)
  • 287%
  • (115,000 / $40,000)
14Mortgage Guaranty Insurance Co 57 80%3%
  • 219%
  • (160,000 / $73,000)
  • 448%
  • (377,000 / $84,000)
15Midwest Bank 57 87%10%
  • 208%
  • (123,000 / $59,000)
  • 103%
  • (198,000 / $191,000)
16Genworth Mortgage Insurance Co 52 26%7%
  • 244%
  • (132,000 / $54,000)
  • 326%
  • (98,000 / $30,000)
17Us Bk Na Nd 51 39%50%
  • 119%
  • (43,000 / $36,000)
  • 218%
  • (48,000 / $22,000)
18Us Bank North Dakota 42 35%47%
  • 116%
  • (85,000 / $73,000)
  • 159%
  • (51,000 / $32,000)
19Embrace Home Loans, 40 10%42%
  • 368%
  • (199,000 / $54,000)
  • 170%
  • (145,000 / $85,000)
20Quicken Loans 39 61%30%
  • 281%
  • (166,000 / $59,000)
  • 325%
  • (195,000 / $60,000)

Sverdrup, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,825
  2. Loan Applications Denied: 595
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 2,647
  5. % of Loan Applications Originated 69

Sverdrup, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history11
Debt-to-income ratio10
Credit application incomplete3
Unverifiable information2

Sverdrup, 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 - $100,0001,232 6518
$100,000 - $300,0002,332 7014
$300,000 - $500,000249 6815
$500,000 - $1,000,00012 2541

Sverdrup, 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 - $100,0002,838 6517
$100,000 - $300,000907 7610
$300,000 - $500,00059 825
$500,000 - $1,000,00019 835
$1,000,000 - $1,500,0001 1000
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Sverdrup, 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%14872 14
30 - 60%25776 11
60 - 100%34571 13
100 - 200%1,11872 12
200 - 300%1,07766 16
300 - 400%51666 16
> 400%36456 25

Sverdrup, 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 Dwelling3,142 6716
Not Owner-Occupied As A Principal Dwelling649 789
Not Applicable7 1000

Home Owner Property Type Statistics in Sverdrup, 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)3,516 6915
One To Four-Family184 645
Manufactured Housing125 6125
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