Top Fairfield, MN VA Mortgage Lenders

RankFairfield VA Mortgage LenderFairfield VA Home Loans ProcessedFairfield VA Home Loans ApprovedFairfield VA Home Loans DeniedFairfield VA Mortgage Median Loan to Income Ratio (LTR) for Approved LoansFairfield VA Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 5 60%0%
  • 437%
  • (162,000 Loan / $37,000 Income)
0
2Quicken Loans 4 50%25%
  • 232%
  • (123,000 / $53,000)
  • 452%
  • (172,000 / $38,000)
3New Day Financial, Llc 3 0%0% 0 0
4Mortgage Research Center 2 50%0%
  • 428%
  • (210,000 / $49,000)
0
5Metlife Bank 2 50%50%
  • 550%
  • (292,000 / $53,000)
  • 530%
  • (281,000 / $53,000)
6Ifreedom Direct Corporation 2 50%0%
  • 547%
  • (383,000 / $70,000)
0
7Usaa Federal Savings Bank 1 0%100% 0
  • 196%
  • (104,000 / $53,000)
8Us Bank 1 100%0%
  • 207%
  • (110,000 / $53,000)
0
9The Business Bank 1 0%100% 0
  • 416%
  • (200,000 / $48,000)
10Summit Mortgage Corporation 1 100%0%
  • 210%
  • (274,000 / $130,000)
0
11Citimortgage 1 100%0% 0 0

Fairfield, MN VA Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 23
  2. Loan Applications Denied: 4
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 11
  5. % of Loan Applications Originated 47

Fairfield, MN VA Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit application incomplete66
Collateral33

Fairfield, 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 - $100,0001 1000
$100,000 - $300,00018 4422
$300,000 - $500,0003 660
$500,000 - $1,000,0001 00

Fairfield, 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 - $100,00019 4121
$100,000 - $300,0004 750

Loan to Income Ratios Research for VA Mortgage in Fairfield, 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
100 - 200%250 50
200 - 300%4100 0
300 - 400%1100 0
> 400%1631 18

Fairfield, 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 Dwelling23 4717

Home Owner Property Type Statistics in Fairfield, 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)23 4717
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