Top Chisago City, MN VA Mortgage Lenders

RankChisago City VA Mortgage LenderChisago City VA Home Loans ProcessedChisago City VA Home Loans ApprovedChisago City VA Home Loans DeniedChisago City VA Mortgage Median Loan to Income Ratio (LTR) for Approved LoansChisago City VA Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 33 69%12%
  • 298%
  • (161,000 Loan / $54,000 Income)
  • 424%
  • (280,000 Loan / $66,000 Income)
2Us Bank 12 83%8%
  • 374%
  • (217,000 / $58,000)
  • 553%
  • (343,000 / $62,000)
3New Day Financial, Llc 9 11%77%
  • 182%
  • (254,000 / $139,000)
  • 531%
  • (271,000 / $51,000)
4Citimortgage 9 88%0%
  • 373%
  • (273,000 / $73,000)
0
5Usaa Federal Savings Bank 8 75%25%
  • 408%
  • (327,000 / $80,000)
  • 286%
  • (166,000 / $58,000)
6The Business Bank 8 87%0%
  • 278%
  • (209,000 / $75,000)
0
7Quicken Loans 8 62%37%
  • 254%
  • (127,000 / $50,000)
  • 211%
  • (226,000 / $107,000)
8Mortgage Research Center 7 71%0%
  • 258%
  • (351,000 / $136,000)
0
9Suntrust Mortgage 5 100%0% 0 0
10Summit Mortgage Corporation 5 100%0%
  • 294%
  • (174,000 / $59,000)
0
11Phh Home Loans 5 80%0%
  • 375%
  • (327,000 / $87,000)
0
12Bank Of America 5 60%20%
  • 276%
  • (177,000 / $64,000)
  • 397%
  • (143,000 / $36,000)
13Countrywide Bank Fsb 4 50%25%
  • 205%
  • (417,000 / $203,000)
  • 281%
  • (225,000 / $80,000)
14Bell America Mortgage Llc Dba 4 75%0%
  • 234%
  • (218,000 / $93,000)
0
15State Bank & Trust 3 33%33%
  • 183%
  • (121,000 / $66,000)
  • 262%
  • (213,000 / $81,000)
16Flagstar Bank 3 33%66%
  • 512%
  • (205,000 / $40,000)
  • 392%
  • (110,000 / $28,000)
17Pnc Bank N.A. 2 100%0%
  • 969%
  • (126,000 / $13,000)
0
18Mortgage Research Center, Llc 2 100%0%
  • 259%
  • (197,000 / $76,000)
0
19Lake Area Bank 2 0%0% 0 0
20Guaranteed Rate Inc 2 50%0%
  • 240%
  • (589,000 / $245,000)
0

Chisago City, MN VA Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 159
  2. Loan Applications Denied: 25
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 108
  5. % of Loan Applications Originated 67

Chisago City, MN VA Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral43
Debt-to-income ratio17
Credit history17
Insufficient cash (downpayment, closing costs)4

Chisago City, MN VA Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0005 800
$100,000 - $300,000137 6716
$300,000 - $500,00015 5913
$500,000 - $1,000,0002 1000

Chisago City, MN VA Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000130 6816
$100,000 - $300,00029 6510

Loan to Income Ratios Research for VA Mortgage in Chisago City, 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
60 - 100%250 0
100 - 200%1963 10
200 - 300%6774 11
300 - 400%3976 15
> 400%3246 28

Chisago City, MN Home Owner Occupancy Type VA Mortgage Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling159 6715

Home Owner Property Type Statistics in Chisago City, MN for VA 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)159 6715
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