Top Yucatan, MN Mortgage Lenders

RankYucatan Mortgage LenderYucatan Home Loans ProcessedYucatan Home Loans ApprovedYucatan Home Loans DeniedYucatan Mortgage Median Loan to Income Ratio (LTR) for Approved LoansYucatan Mortgage Median LTR for Denied Loans
1Merchants Bank 217 81%3%
  • 134%
  • (43,000 Loan / $32,000 Income)
  • 247%
  • (171,000 Loan / $69,000 Income)
2Eastwood Bank 145 62%20%
  • 146%
  • (66,000 / $45,000)
  • 235%
  • (94,000 / $40,000)
3Altra Federal Credit Union 142 83%2%
  • 200%
  • (200,000 / $100,000)
  • 282%
  • (96,000 / $34,000)
4Wells Fargo Bank 72 50%22%
  • 193%
  • (316,000 / $163,000)
  • 124%
  • (66,000 / $53,000)
5Bank Of The West 71 67%18%
  • 183%
  • (114,000 / $62,000)
  • 185%
  • (37,000 / $20,000)
6Associated Bank 66 56%27%
  • 168%
  • (206,000 / $122,000)
  • 168%
  • (86,000 / $51,000)
7Jennings State Bank 36 75%5%
  • 162%
  • (44,000 / $27,000)
  • 595%
  • (131,000 / $22,000)
8United Guaranty Corporation 32 62%12%
  • 302%
  • (112,000 / $37,000)
  • 284%
  • (302,000 / $106,000)
9Mortgage Guaranty Insurance Co 27 70%7%
  • 214%
  • (161,000 / $75,000)
  • 444%
  • (151,000 / $34,000)
10Marine Credit Union 26 73%19%
  • 159%
  • (123,000 / $77,000)
  • 181%
  • (100,000 / $55,000)
11Home Federal Savings Bank 24 54%8%
  • 117%
  • (148,000 / $126,000)
  • 238%
  • (148,000 / $62,000)
12Countrywide Bank Fsb 23 65%26%
  • 268%
  • (59,000 / $22,000)
  • 293%
  • (85,000 / $29,000)
13Embrace Home Loans, 22 0%36% 0
  • 273%
  • (82,000 / $30,000)
14Affinity Plus Federal Credit U 21 66%0%
  • 246%
  • (175,000 / $71,000)
0
15Rushford State Bank 20 75%15%
  • 103%
  • (90,000 / $87,000)
  • 137%
  • (142,000 / $103,000)
16Associated Bank Na 20 60%35%
  • 223%
  • (161,000 / $72,000)
  • 257%
  • (98,000 / $38,000)
17Genworth Mortgage Insurance Co 17 76%11%
  • 223%
  • (154,000 / $69,000)
  • 413%
  • (91,000 / $22,000)
18Citimortgage 17 70%11%
  • 203%
  • (120,000 / $59,000)
  • 313%
  • (141,000 / $45,000)
19Beneficial Company Llc 17 5%82%
  • 263%
  • (79,000 / $30,000)
  • 183%
  • (77,000 / $42,000)
20Central Bank 16 62%6%
  • 53%
  • (15,000 / $28,000)
  • 170%
  • (80,000 / $47,000)

Yucatan, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,389
  2. Loan Applications Denied: 217
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 900
  5. % of Loan Applications Originated 64

Yucatan, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history10
Debt-to-income ratio7
Unverifiable information2
Credit application incomplete2

Yucatan, 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 - $100,000749 6416
$100,000 - $300,000592 6413
$300,000 - $500,00041 4824
$500,000 - $1,000,0007 850

Yucatan, 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 - $100,0001,215 6316
$100,000 - $300,000165 709
$300,000 - $500,0005 6020
$500,000 - $1,000,0003 660
$1,000,000 - $1,500,0001 1000

Loan to Income Ratios Research for Mortgage in Yucatan, 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%10971 15
30 - 60%10675 9
60 - 100%14365 13
100 - 200%38263 15
200 - 300%37665 13
300 - 400%14254 22
> 400%13157 20

Yucatan, 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 Dwelling1,309 6416
Not Owner-Occupied As A Principal Dwelling76 719
Not Applicable2 1000

Home Owner Property Type Statistics in Yucatan, 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)1,251 6415
One To Four-Family96 678
Manufactured Housing42 6128
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