Top Taylor, MN Mortgage Lenders

RankTaylor Mortgage LenderTaylor Home Loans ProcessedTaylor Home Loans ApprovedTaylor Home Loans DeniedTaylor Mortgage Median Loan to Income Ratio (LTR) for Approved LoansTaylor Mortgage Median LTR for Denied Loans
1Affinity Plus Federal Credit U 366 61%9%
  • 108%
  • (75,000 Loan / $69,000 Income)
  • 277%
  • (150,000 Loan / $54,000 Income)
2Wells Fargo Bank 155 69%13%
  • 215%
  • (246,000 / $114,000)
  • 159%
  • (59,000 / $37,000)
3Cmg Mortgage Insurance Co. 20 90%0%
  • 242%
  • (97,000 / $40,000)
0
4Bank Forward 19 78%0%
  • 160%
  • (233,000 / $145,000)
0
5Mortgage Guaranty Insurance Co 17 76%0%
  • 227%
  • (262,000 / $115,000)
0
6Countrywide Home Loans 16 81%18%
  • 179%
  • (185,000 / $103,000)
  • 286%
  • (83,000 / $29,000)
7Countrywide Bank Fsb 16 81%18%
  • 281%
  • (186,000 / $66,000)
  • 364%
  • (102,000 / $28,000)
8Citimortgage 14 64%14%
  • 297%
  • (125,000 / $42,000)
  • 257%
  • (232,000 / $90,000)
9Jpmorgan Chase Bank 13 76%15%
  • 243%
  • (95,000 / $39,000)
  • 400%
  • (152,000 / $38,000)
10Hiway Federal Credit Union 13 76%0%
  • 166%
  • (171,000 / $103,000)
0
11Freedom Mortgage Corp. 11 72%9%
  • 308%
  • (188,000 / $61,000)
  • 297%
  • (128,000 / $43,000)
12Embrace Home Loans, 9 22%44%
  • 316%
  • (136,000 / $43,000)
  • 334%
  • (154,000 / $46,000)
13Us Bank 8 87%0%
  • 282%
  • (127,000 / $45,000)
0
14Bank Of America 8 87%12%
  • 226%
  • (177,000 / $78,000)
  • 255%
  • (266,000 / $104,000)
15Radian Guaranty 6 100%0%
  • 324%
  • (162,000 / $50,000)
0
16Genworth Mortgage Insurance Co 6 50%16%
  • 215%
  • (246,000 / $114,000)
  • 400%
  • (152,000 / $38,000)
17Associated Bank Na 6 100%0%
  • 181%
  • (136,000 / $75,000)
0
18Wells Fargo Funding 5 100%0% 0 0
19Wells Fargo Fin'l Minnesota 5 20%60%
  • 126%
  • (66,000 / $52,000)
  • 173%
  • (97,000 / $56,000)
20Quicken Loans 5 80%20%
  • 226%
  • (274,000 / $121,000)
  • 230%
  • (260,000 / $113,000)

Taylor, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 889
  2. Loan Applications Denied: 117
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 571
  5. % of Loan Applications Originated 64

Taylor, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history16
Collateral6
Debt-to-income ratio5
Unverifiable information1
Credit application incomplete1

Taylor, 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 - $100,000351 6512
$100,000 - $300,000503 6313
$300,000 - $500,00035 5017

Taylor, 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 - $100,000725 6114
$100,000 - $300,000155 737
$300,000 - $500,0006 6616
$500,000 - $1,000,0003 330

Loan to Income Ratios Research for Mortgage in Taylor, 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%5681 7
30 - 60%7274 6
60 - 100%8668 11
100 - 200%24761 11
200 - 300%21962 15
300 - 400%13063 15
> 400%7947 20

Taylor, 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 Dwelling803 6313
Not Owner-Occupied As A Principal Dwelling80 6613

Home Owner Property Type Statistics in Taylor, 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)772 6413
Manufactured Housing60 4816
One To Four-Family57 823
More Taylor, MN Mortgage Research: