Top Vadnais Heights, MN Mortgage Lenders

RankVadnais Heights Mortgage LenderVadnais Heights Home Loans ProcessedVadnais Heights Home Loans ApprovedVadnais Heights Home Loans DeniedVadnais Heights Mortgage Median Loan to Income Ratio (LTR) for Approved LoansVadnais Heights Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,670 68%12%
  • 198%
  • (264,000 Loan / $133,000 Income)
  • 210%
  • (248,000 Loan / $118,000 Income)
2Us Bank 442 82%9%
  • 229%
  • (193,000 / $84,000)
  • 214%
  • (232,000 / $108,000)
3Jpmorgan Chase Bank 407 87%10%
  • 213%
  • (286,000 / $134,000)
  • 241%
  • (550,000 / $228,000)
4Tcf National Bank 284 22%36%
  • 208%
  • (303,000 / $145,000)
  • 289%
  • (229,000 / $79,000)
5Affinity Plus Federal Credit U 278 68%3%
  • 138%
  • (404,000 / $292,000)
  • 160%
  • (72,000 / $45,000)
6Citimortgage 270 78%4%
  • 205%
  • (179,000 / $87,000)
  • 345%
  • (152,000 / $44,000)
7Bank Of America 238 78%11%
  • 232%
  • (249,000 / $107,000)
  • 245%
  • (162,000 / $66,000)
8Phh Home Loans 204 80%6%
  • 238%
  • (131,000 / $55,000)
  • 300%
  • (84,000 / $28,000)
9Us Bk Na Nd 197 56%31%
  • 114%
  • (119,000 / $104,000)
  • 194%
  • (253,000 / $130,000)
10Citibank 175 69%13%
  • 171%
  • (189,000 / $110,000)
  • 134%
  • (113,000 / $84,000)
11Countrywide Bank Fsb 154 75%15%
  • 237%
  • (102,000 / $43,000)
  • 356%
  • (267,000 / $75,000)
12Wells Fargo Funding 145 99%0%
  • 233%
  • (145,000 / $62,000)
  • 294%
  • (168,000 / $57,000)
13Us Bank North Dakota 121 44%39%
  • 120%
  • (124,000 / $103,000)
  • 168%
  • (37,000 / $22,000)
14The Business Bank 113 93%4%
  • 248%
  • (288,000 / $116,000)
  • 257%
  • (162,000 / $63,000)
15Hiway Federal Credit Union 110 74%10%
  • 134%
  • (70,000 / $52,000)
  • 250%
  • (135,000 / $54,000)
16C.U. Mortgage Services, 97 60%7%
  • 180%
  • (72,000 / $40,000)
  • 188%
  • (130,000 / $69,000)
17Bell America Mortgage Llc Dba 97 74%4%
  • 260%
  • (86,000 / $33,000)
  • 355%
  • (345,000 / $97,000)
18Bremer Bank Na (Twin Cities) 95 77%2%
  • 128%
  • (148,000 / $115,000)
  • 345%
  • (249,000 / $72,000)
19Provident Funding Associates 91 75%15%
  • 236%
  • (405,000 / $171,000)
  • 291%
  • (216,000 / $74,000)
20Countrywide Home Loans 91 79%16%
  • 256%
  • (200,000 / $78,000)
  • 334%
  • (164,000 / $49,000)

Vadnais Heights, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 8,600
  2. Loan Applications Denied: 1,198
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 5,892
  5. % of Loan Applications Originated 68

Vadnais Heights, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Debt-to-income ratio8
Credit history8
Credit application incomplete4
Unverifiable information2

Vadnais Heights, 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 - $100,0002,045 6317
$100,000 - $300,0005,834 6912
$300,000 - $500,000677 6713
$500,000 - $1,000,00039 4125
$1,000,000 - $1,500,0005 6040

Vadnais Heights, 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 - $100,0006,095 6715
$100,000 - $300,0002,382 7011
$300,000 - $500,00087 708
$500,000 - $1,000,00026 5623
$1,000,000 - $1,500,0005 2040
$1,500,000 - $2,000,0001 1000
> $2,000,0004 750

Loan to Income Ratios Research for Mortgage in Vadnais Heights, 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%30858 20
30 - 60%45962 19
60 - 100%66266 14
100 - 200%2,43170 10
200 - 300%2,41071 11
300 - 400%1,48468 14
> 400%84654 25

Vadnais Heights, 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 Dwelling8,295 6813
Not Owner-Occupied As A Principal Dwelling294 6320

Home Owner Property Type Statistics in Vadnais Heights, 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)8,052 6814
One To Four-Family455 773
Manufactured Housing93 1755
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