Top Morken, MN VA Mortgage Lenders

RankMorken VA Mortgage LenderMorken VA Home Loans ProcessedMorken VA Home Loans ApprovedMorken VA Home Loans DeniedMorken VA Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMorken VA Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 6 66%33%
  • 265%
  • (167,000 Loan / $63,000 Income)
  • 320%
  • (186,000 Loan / $58,000 Income)
2Town And Country Credit Union 2 100%0%
  • 423%
  • (195,000 / $46,000)
0
3Quicken Loans 2 100%0%
  • 189%
  • (235,000 / $124,000)
0
4New Day Financial, Llc 1 0%100% 0
  • 257%
  • (227,000 / $88,000)
5Gate City Bank 1 100%0%
  • 205%
  • (189,000 / $92,000)
0

Morken, MN VA Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 12
  2. Loan Applications Denied: 3
  3. % of Loan Applications Denied: 25
  4. # of Loan Originations: 9
  5. % of Loan Applications Originated 75

Morken, MN VA Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral50
Credit history50

Morken, 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 - $100,0002 1000
$100,000 - $300,0009 6633
$300,000 - $500,0001 1000

Morken, 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 - $100,0009 6633
$100,000 - $300,0003 1000

Loan to Income Ratios Research for VA Mortgage in Morken, 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%1100 0
100 - 200%3100 0
200 - 300%450 50
300 - 400%366 33
> 400%1100 0

Morken, 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 Dwelling12 7525

Home Owner Property Type Statistics in Morken, 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)11 7227
Manufactured Housing1 1000
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