Top Chisago City, MN VA Mortgage Refinance Lenders

RankChisago City VA Mortgage Refinance LenderChisago City VA Home Loans Refinance ProcessedChisago City VA Home Refinance Loans ApprovedChisago City VA Home Refinance Loans DeniedChisago City VA Mortgage Refinance Median Loan to Income Ratio (LTR) for Approved LoansChisago City VA Mortgage Refinance Median LTR for Denied Loans
1New Day Financial, Llc 9 11%77%
  • 182%
  • (254,000 Loan / $139,000 Income)
  • 531%
  • (271,000 Loan / $51,000 Income)
2Wells Fargo Bank 8 12%50%
  • 97%
  • (129,000 / $132,000)
  • 424%
  • (280,000 / $66,000)
3Quicken Loans 8 62%37%
  • 254%
  • (127,000 / $50,000)
  • 211%
  • (226,000 / $107,000)
4Citimortgage 4 75%0% 0 0
5Us Bank 3 66%33%
  • 591%
  • (396,000 / $67,000)
  • 553%
  • (343,000 / $62,000)
6Suntrust Mortgage 3 100%0% 0 0
7The Business Bank 2 100%0%
  • 303%
  • (164,000 / $54,000)
0
8State Bank & Trust 2 0%50% 0
  • 262%
  • (213,000 / $81,000)
9Pnc Bank N.A. 2 100%0%
  • 969%
  • (126,000 / $13,000)
0
10Mortgage Research Center 2 50%0%
  • 252%
  • (126,000 / $50,000)
0
11Guaranteed Rate Inc 2 50%0%
  • 240%
  • (589,000 / $245,000)
0
12Bell America Mortgage Llc Dba 2 50%0%
  • 135%
  • (181,000 / $134,000)
0
13Usaa Federal Savings Bank 1 0%100% 0
  • 199%
  • (207,000 / $104,000)
14Summit Mortgage Corporation 1 100%0%
  • 280%
  • (177,000 / $63,000)
0
15Mortgage Investors Corp 1 0%0% 0 0
16Lake Area Bank 1 0%0% 0 0
17Franklin American Mortgage Co 1 100%0%
  • 242%
  • (165,000 / $68,000)
0
18Excel Mortgage Servicing 1 100%0%
  • 160%
  • (132,000 / $82,000)
0
19Cmco Mortgage, Llc Dba Home Le 1 0%0% 0 0
20Citibank 1 100%0%
  • 270%
  • (176,000 / $65,000)
0

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

  1. Loan Applications Processed: 59
  2. Loan Applications Denied: 18
  3. % of Loan Applications Denied: 30
  4. # of Loan Originations: 27
  5. % of Loan Applications Originated 45

Chisago City, MN VA Home Loan Refinance Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral69
Debt-to-income ratio7
Insufficient cash (downpayment, closing costs)7

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

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$100,000 - $300,00052 4730
$300,000 - $500,0006 1633
$500,000 - $1,000,0001 1000

Chisago City, MN VA 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 - $100,00044 4334
$100,000 - $300,00015 5320

Loan to Income Ratios Research for VA Mortgage Refinance 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%1266 16
200 - 300%2457 20
300 - 400%728 42
> 400%1414 57

Chisago City, MN Home Owner Occupancy Type VA Mortgage Refinance Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling59 4530

Home Owner Property Type Statistics in Chisago City, MN for VA 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)59 4530
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