Top Zion, MN Mortgage Lenders

RankZion Mortgage LenderZion Home Loans ProcessedZion Home Loans ApprovedZion Home Loans DeniedZion Mortgage Median Loan to Income Ratio (LTR) for Approved LoansZion Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 462 70%13%
  • 202%
  • (81,000 Loan / $40,000 Income)
  • 231%
  • (67,000 Loan / $29,000 Income)
2Central Mn Cu 280 66%15%
  • 190%
  • (124,000 / $65,000)
  • 240%
  • (168,000 / $70,000)
3Liberty Savings Bank Fsb 196 92%2%
  • 233%
  • (194,000 / $83,000)
  • 179%
  • (95,000 / $53,000)
4Central Minnesota Cu 193 79%4%
  • 137%
  • (122,000 / $89,000)
  • 230%
  • (168,000 / $73,000)
5State Bank Of Richmond 182 74%14%
  • 193%
  • (64,000 / $33,000)
  • 197%
  • (85,000 / $43,000)
6Jpmorgan Chase Bank 141 83%12%
  • 241%
  • (87,000 / $36,000)
  • 259%
  • (122,000 / $47,000)
7Us Bank 125 76%15%
  • 219%
  • (285,000 / $130,000)
  • 248%
  • (248,000 / $100,000)
8Bank Of America 107 78%14%
  • 223%
  • (103,000 / $46,000)
  • 285%
  • (137,000 / $48,000)
9Bank Of The West 98 79%13%
  • 188%
  • (272,000 / $144,000)
  • 136%
  • (146,000 / $107,000)
10First Natl Bank Of Cold Spring 93 64%16%
  • 200%
  • (104,000 / $52,000)
  • 202%
  • (190,000 / $94,000)
11Citimortgage 69 79%8%
  • 233%
  • (280,000 / $120,000)
  • 312%
  • (194,000 / $62,000)
12Bonanza Valley State Bank 66 81%18%
  • 101%
  • (80,000 / $79,000)
  • 185%
  • (100,000 / $54,000)
13Countrywide Bank Fsb 57 78%8%
  • 243%
  • (417,000 / $171,000)
  • 317%
  • (162,000 / $51,000)
14Phh Mortgage Corporation 52 80%3%
  • 233%
  • (112,000 / $48,000)
  • 264%
  • (238,000 / $90,000)
15Bremer Bank Na (St Cloud) 52 71%3%
  • 246%
  • (101,000 / $41,000)
  • 200%
  • (150,000 / $75,000)
16Wells Fargo Funding 40 95%2%
  • 238%
  • (167,000 / $70,000)
  • 162%
  • (130,000 / $80,000)
17Radian Guaranty 40 95%0%
  • 233%
  • (154,000 / $66,000)
0
18Mortgage Guaranty Insurance Co 40 72%5%
  • 234%
  • (162,000 / $69,000)
  • 446%
  • (268,000 / $60,000)
19Countrywide Home Loans 39 82%7%
  • 243%
  • (90,000 / $37,000)
  • 148%
  • (499,000 / $336,000)
20Citibank 39 64%17%
  • 93%
  • (93,000 / $100,000)
  • 151%
  • (79,000 / $52,000)

Zion, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,622
  2. Loan Applications Denied: 544
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 2,530
  5. % of Loan Applications Originated 69

Zion, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Credit history13
Debt-to-income ratio11
Unverifiable information2
Credit application incomplete2

Zion, 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 - $100,0001,141 7015
$100,000 - $300,0002,320 6914
$300,000 - $500,000144 6017
$500,000 - $1,000,00016 3156
$1,000,000 - $1,500,0001 1000

Zion, 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 - $100,0002,854 6816
$100,000 - $300,000699 7210
$300,000 - $500,00049 6916
$500,000 - $1,000,00014 787
$1,000,000 - $1,500,0003 6633
$1,500,000 - $2,000,0001 00
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Zion, 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%13075 12
30 - 60%19373 12
60 - 100%32172 11
100 - 200%1,06372 12
200 - 300%1,04569 13
300 - 400%51468 15
> 400%35655 28

Zion, 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 Dwelling3,120 6915
Not Owner-Occupied As A Principal Dwelling481 7212
Not Applicable5 1000

Home Owner Property Type Statistics in Zion, 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)3,390 6915
One To Four-Family150 784
Manufactured Housing82 6415
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