Top Twin Valley, MN Mortgage Lenders

RankTwin Valley Mortgage LenderTwin Valley Home Loans ProcessedTwin Valley Home Loans ApprovedTwin Valley Home Loans DeniedTwin Valley Mortgage Median Loan to Income Ratio (LTR) for Approved LoansTwin Valley Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,083 65%15%
  • 184%
  • (59,000 Loan / $32,000 Income)
  • 173%
  • (172,000 Loan / $99,000 Income)
2Jpmorgan Chase Bank 467 86%11%
  • 248%
  • (82,000 / $33,000)
  • 194%
  • (33,000 / $17,000)
3Us Bank 336 69%16%
  • 216%
  • (141,000 / $65,000)
  • 237%
  • (230,000 / $97,000)
4Citimortgage 331 74%10%
  • 239%
  • (263,000 / $110,000)
  • 261%
  • (55,000 / $21,000)
5State Bank & Trust 283 78%13%
  • 109%
  • (79,000 / $72,000)
  • 186%
  • (147,000 / $79,000)
6Bank Of The West 272 79%13%
  • 117%
  • (75,000 / $64,000)
  • 94%
  • (394,000 / $416,000)
7Bank Of America 246 69%18%
  • 189%
  • (180,000 / $95,000)
  • 202%
  • (295,000 / $146,000)
8Countrywide Bank Fsb 223 74%17%
  • 214%
  • (208,000 / $97,000)
  • 285%
  • (220,000 / $77,000)
9Affinity Plus Federal Credit U 215 64%2%
  • 116%
  • (124,000 / $106,000)
  • 302%
  • (106,000 / $35,000)
10Associated Bank 209 71%13%
  • 160%
  • (66,000 / $41,000)
  • 155%
  • (233,000 / $150,000)
11Bremer Bank Na (Fargo) 201 73%5%
  • 121%
  • (90,000 / $74,000)
  • 172%
  • (81,000 / $47,000)
12Agstar Financial Services 170 64%7%
  • 188%
  • (94,000 / $50,000)
  • 275%
  • (190,000 / $69,000)
13Frandsen Bank & Trust 166 85%12%
  • 129%
  • (100,000 / $77,000)
  • 130%
  • (30,000 / $23,000)
14Embrace Home Loans, 154 7%50%
  • 209%
  • (65,000 / $31,000)
  • 233%
  • (112,000 / $48,000)
15Mortgage Guaranty Insurance Co 152 72%8%
  • 222%
  • (40,000 / $18,000)
  • 248%
  • (112,000 / $45,000)
16Wells Fargo Funding 142 98%1%
  • 165%
  • (144,000 / $87,000)
  • 215%
  • (140,000 / $65,000)
17Beneficial Company Llc 133 9%78%
  • 214%
  • (161,000 / $75,000)
  • 219%
  • (182,000 / $83,000)
18Genworth Mortgage Insurance Co 130 55%4%
  • 225%
  • (271,000 / $120,000)
  • 226%
  • (104,000 / $46,000)
19Countrywide Home Loans 123 74%17%
  • 217%
  • (126,000 / $58,000)
  • 156%
  • (50,000 / $32,000)
20Citifinancial Services Inc 117 29%47%
  • 165%
  • (109,000 / $66,000)
  • 116%
  • (29,000 / $25,000)

Twin Valley, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 11,149
  2. Loan Applications Denied: 1,998
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 7,244
  5. % of Loan Applications Originated 64

Twin Valley, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Credit history12
Debt-to-income ratio9
Credit application incomplete3
Unverifiable information2

Twin Valley, 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 - $100,0004,708 6220
$100,000 - $300,0005,800 6516
$300,000 - $500,000591 6812
$500,000 - $1,000,00039 5628
$1,000,000 - $1,500,00011 4536

Twin Valley, 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 - $100,0008,711 6219
$100,000 - $300,0002,118 7012
$300,000 - $500,000176 779
$500,000 - $1,000,000126 7311
$1,000,000 - $1,500,0006 8316
$1,500,000 - $2,000,0004 1000
> $2,000,0008 620

Loan to Income Ratios Research for Mortgage in Twin Valley, 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%60666 20
30 - 60%82468 17
60 - 100%1,15167 16
100 - 200%3,43566 15
200 - 300%2,76365 17
300 - 400%1,41261 19
> 400%95851 27

Twin Valley, 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 Dwelling9,559 6318
Not Owner-Occupied As A Principal Dwelling1,532 7511
Not Applicable10 5040

Home Owner Property Type Statistics in Twin Valley, 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)10,259 6518
One To Four-Family545 715
Manufactured Housing345 5233
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