Top Minden, MN Mortgage Refinance Lenders

RankMinden Mortgage Refinance LenderMinden Home Refinance Loans ProcessedMinden Home Refinance Loans ApprovedMinden Home Refinance Loans DeniedMinden Mortgage Refinance Median Loan to Income Ratio (LTR) for Approved LoansMinden Mortgage Refinance Median LTR for Denied Loans
1Wells Fargo Bank 472 63%20%
  • 202%
  • (142,000 Loan / $70,000 Income)
  • 240%
  • (250,000 Loan / $104,000 Income)
2Liberty Savings Bank Fsb 345 87%5%
  • 201%
  • (121,000 / $60,000)
  • 351%
  • (137,000 / $39,000)
3Bremer Bank Na (St Cloud) 163 79%3%
  • 218%
  • (218,000 / $100,000)
  • 109%
  • (35,000 / $32,000)
4Us Bank 112 81%7%
  • 210%
  • (135,000 / $64,000)
  • 317%
  • (165,000 / $52,000)
5Beneficial Company Llc 106 6%74%
  • 157%
  • (151,000 / $96,000)
  • 267%
  • (155,000 / $58,000)
6Jpmorgan Chase Bank 105 81%14%
  • 211%
  • (127,000 / $60,000)
  • 202%
  • (144,000 / $71,000)
7Citimortgage 105 79%8%
  • 243%
  • (241,000 / $99,000)
  • 226%
  • (93,000 / $41,000)
8Phh Mortgage Corporation 98 87%1%
  • 192%
  • (110,000 / $57,000)
  • 242%
  • (172,000 / $71,000)
9Great River Federal Cu 90 35%41%
  • 96%
  • (64,000 / $66,000)
  • 186%
  • (136,000 / $73,000)
10Countrywide Bank Fsb 84 60%20%
  • 234%
  • (61,000 / $26,000)
  • 262%
  • (189,000 / $72,000)
11Citibank 63 71%17%
  • 131%
  • (87,000 / $66,000)
  • 145%
  • (89,000 / $61,000)
12Bankvista 56 94%0%
  • 187%
  • (75,000 / $40,000)
0
13Us Bk Na Nd 53 54%37%
  • 113%
  • (58,000 / $51,000)
  • 219%
  • (156,000 / $71,000)
14Us Bank North Dakota 53 33%30%
  • 146%
  • (130,000 / $89,000)
  • 223%
  • (103,000 / $46,000)
15Countrywide Home Loans 48 70%22%
  • 279%
  • (257,000 / $92,000)
  • 233%
  • (168,000 / $72,000)
16Bank Of America 48 77%20%
  • 252%
  • (164,000 / $65,000)
  • 236%
  • (142,000 / $60,000)
17Embrace Home Loans, 46 4%45%
  • 338%
  • (122,000 / $36,000)
  • 222%
  • (140,000 / $63,000)
18Affinity Plus Federal Credit U 41 60%4%
  • 118%
  • (138,000 / $116,000)
  • 175%
  • (114,000 / $65,000)
19Tcf National Bank 40 30%35%
  • 188%
  • (136,000 / $72,000)
  • 264%
  • (185,000 / $70,000)
20Wells Fargo Fin'l Minnesota 39 15%58%
  • 265%
  • (289,000 / $109,000)
  • 200%
  • (250,000 / $125,000)

Minden, MN Mortgage Refinance Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,095
  2. Loan Applications Denied: 609
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 1,941
  5. % of Loan Applications Originated 62

Minden, MN Home Loan Refinance Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral17
Debt-to-income ratio12
Credit history11
Credit application incomplete4
Unverifiable information2

Minden, 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 - $100,000850 6518
$100,000 - $300,0002,169 6119
$300,000 - $500,00074 5427
$500,000 - $1,000,0001 0100
$1,000,000 - $1,500,0001 1000

Minden, 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 - $100,0002,617 6020
$100,000 - $300,000444 6813
$300,000 - $500,00017 5217
$500,000 - $1,000,00010 3020
$1,000,000 - $1,500,0002 1000
$1,500,000 - $2,000,0002 1000
> $2,000,0003 990

Loan to Income Ratios Research for Mortgage Refinance in Minden, 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%5461 18
30 - 60%15762 21
60 - 100%27164 14
100 - 200%87668 14
200 - 300%93664 19
300 - 400%51757 21
> 400%28440 38

Minden, 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 Dwelling3,010 6219
Not Owner-Occupied As A Principal Dwelling79 5826
Not Applicable1 1000

Home Owner Property Type Statistics in Minden, 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)2,960 6220
One To Four-Family128 726
Manufactured Housing7 8514
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