Top Tenhassen, MN Mortgage Lenders

RankTenhassen Mortgage LenderTenhassen Home Loans ProcessedTenhassen Home Loans ApprovedTenhassen Home Loans DeniedTenhassen Mortgage Median Loan to Income Ratio (LTR) for Approved LoansTenhassen Mortgage Median LTR for Denied Loans
1Agstar Financial Services 29 55%10%
  • 147%
  • (100,000 Loan / $68,000 Income)
  • 180%
  • (130,000 Loan / $72,000 Income)
2Wells Fargo Bank 23 73%21%
  • 151%
  • (148,000 / $98,000)
  • 214%
  • (133,000 / $62,000)
3Wells Federal Bank 19 68%15%
  • 92%
  • (72,000 / $78,000)
  • 263%
  • (29,000 / $11,000)
4First Farmers & Merchants Natl 15 86%13%
  • 123%
  • (194,000 / $157,000)
  • 264%
  • (135,000 / $51,000)
5Us Bk Na Nd 9 44%55%
  • 119%
  • (43,000 / $36,000)
  • 100%
  • (15,000 / $15,000)
6Countrywide Bank Fsb 9 44%33%
  • 350%
  • (186,000 / $53,000)
  • 320%
  • (144,000 / $45,000)
7Us Bank North Dakota 8 37%37%
  • 82%
  • (46,000 / $56,000)
  • 77%
  • (58,000 / $75,000)
8Iowa Bankers Mortgage Corporat 6 66%16%
  • 95%
  • (38,000 / $40,000)
  • 162%
  • (130,000 / $80,000)
9Bank Of America 6 100%0%
  • 311%
  • (134,000 / $43,000)
0
10Wells Fargo Fin'l Minnesota 5 60%40%
  • 124%
  • (101,000 / $81,000)
  • 117%
  • (95,000 / $81,000)
11Us Bank 5 20%60%
  • 317%
  • (238,000 / $75,000)
  • 136%
  • (161,000 / $118,000)
12Citimortgage 5 80%0%
  • 122%
  • (43,000 / $35,000)
0
13Citifinancial Services Inc 5 20%20%
  • 96%
  • (29,000 / $30,000)
  • 173%
  • (40,000 / $23,000)
14Think Mutual Bank 4 100%0%
  • 106%
  • (228,000 / $215,000)
0
15Nycb Mortgage Company Llc 4 100%0%
  • 174%
  • (208,000 / $119,000)
0
16Mortgage Guaranty Insurance Co 4 75%0%
  • 137%
  • (33,000 / $24,000)
0
17Jpmorgan Chase Bank 4 100%0%
  • 215%
  • (99,000 / $46,000)
0
18Genworth Mortgage Insurance Co 4 50%0%
  • 379%
  • (417,000 / $110,000)
0
19E-Loan Inc 4 25%75%
  • 143%
  • (43,000 / $30,000)
  • 76%
  • (35,000 / $46,000)
20Beneficial Company Llc 4 25%75%
  • 8%
  • (7,000 / $78,000)
  • 125%
  • (75,000 / $60,000)

Tenhassen, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 237
  2. Loan Applications Denied: 49
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 144
  5. % of Loan Applications Originated 60

Tenhassen, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Debt-to-income ratio12
Collateral12
Credit history12
Unverifiable information1
Employment history1

Tenhassen, 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 - $100,000119 5323
$100,000 - $300,000113 6518
$300,000 - $500,0005 800

Tenhassen, 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 - $100,000185 5623
$100,000 - $300,00048 728
$300,000 - $500,0004 5025

Loan to Income Ratios Research for Mortgage in Tenhassen, 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%1266 8
30 - 60%1947 31
60 - 100%4158 21
100 - 200%8564 17
200 - 300%4656 26
300 - 400%3066 16
> 400%450 25

Tenhassen, 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 Dwelling234 6020
Not Owner-Occupied As A Principal Dwelling3 660

Home Owner Property Type Statistics in Tenhassen, 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)220 6021
One To Four-Family16 6212
Manufactured Housing1 1000
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