Top Artichoke, MN Mortgage Refinance Lenders

RankArtichoke Mortgage Refinance LenderArtichoke Home Refinance Loans ProcessedArtichoke Home Refinance Loans ApprovedArtichoke Home Refinance Loans DeniedArtichoke Mortgage Refinance Median Loan to Income Ratio (LTR) for Approved LoansArtichoke Mortgage Refinance Median LTR for Denied Loans
1Wells Fargo Bank 45 62%13%
  • 201%
  • (169,000 Loan / $84,000 Income)
  • 119%
  • (50,000 Loan / $42,000 Income)
2First Bank & Trust 9 77%11%
  • 116%
  • (85,000 / $73,000)
  • 110%
  • (65,000 / $59,000)
3Bank Of America 7 71%0%
  • 170%
  • (104,000 / $61,000)
0
4Us Bank 5 60%40%
  • 102%
  • (130,000 / $127,000)
  • 288%
  • (101,000 / $35,000)
5Minnwest Mortgage Corporation 5 100%0%
  • 192%
  • (106,000 / $55,000)
0
6Suntrust Mortgage 4 100%0%
  • 229%
  • (126,000 / $55,000)
0
7Nationwide Advantage Mortgage 4 100%0%
  • 126%
  • (254,000 / $201,000)
0
8Jpmorgan Chase Bank 4 75%25%
  • 125%
  • (78,000 / $62,000)
  • 117%
  • (74,000 / $63,000)
9Countrywide Bank Fsb 4 100%0% 0 0
10Affinity Plus Federal Credit U 4 100%0%
  • 137%
  • (190,000 / $138,000)
0
11Wells Fargo Funding 2 50%0% 0 0
12United Shore Financial Service 2 50%0%
  • 472%
  • (274,000 / $58,000)
0
13Riverwood Bank 2 50%50%
  • 109%
  • (274,000 / $250,000)
  • 287%
  • (115,000 / $40,000)
14Freedom Mortgage Corp. 2 0%100% 0
  • 311%
  • (56,000 / $18,000)
15Citimortgage 2 100%0% 0 0
16Citibank 2 50%0%
  • 128%
  • (128,000 / $100,000)
0
17Beneficial Company Llc 2 0%100% 0
  • 294%
  • (100,000 / $34,000)
18Accredited Home Lenders 2 50%0%
  • 92%
  • (50,000 / $54,000)
0
19Us Bk Na Nd 1 100%0%
  • 77%
  • (112,000 / $144,000)
0
20Taylor, Bean & Whitaker 1 100%0%
  • 355%
  • (199,000 / $56,000)
0

Artichoke, MN Mortgage Refinance Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 144
  2. Loan Applications Denied: 25
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 92
  5. % of Loan Applications Originated 63

Artichoke, MN Home Loan Refinance Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral40
Credit history22
Debt-to-income ratio9
Credit application incomplete4
Insufficient cash (downpayment, closing costs)4

Artichoke, MN Mortgage Refinance Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,00072 5625
$100,000 - $300,00072 699

Artichoke, MN Home Loans Refinance Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000116 6119
$100,000 - $300,00028 717

Loan to Income Ratios Research for Mortgage Refinance in Artichoke, 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%1100 0
30 - 60%30 66
60 - 100%2672 7
100 - 200%5966 15
200 - 300%3554 22
300 - 400%1172 27
> 400%955 11

Artichoke, MN Home Owner Occupancy Type Mortgage Refinance Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling125 6120
Not Owner-Occupied As A Principal Dwelling18 770
Not Applicable1 1000

Home Owner Property Type Statistics in Artichoke, MN for Home Loan Refinance

Property Type Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
One-To-Four Family Dwelling (Other Than Manufactured Housing)137 6316
Manufactured Housing6 6633
One To Four-Family1 1000
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