Top Eagle Lake, MN VA Mortgage Refinance Lenders

RankEagle Lake VA Mortgage Refinance LenderEagle Lake VA Home Loans Refinance ProcessedEagle Lake VA Home Refinance Loans ApprovedEagle Lake VA Home Refinance Loans DeniedEagle Lake VA Mortgage Refinance Median Loan to Income Ratio (LTR) for Approved LoansEagle Lake VA Mortgage Refinance Median LTR for Denied Loans
1Wells Fargo Bank 12 41%25%
  • 325%
  • (117,000 Loan / $36,000 Income)
  • 350%
  • (147,000 Loan / $42,000 Income)
2New Day Financial, Llc 5 0%80% 0
  • 385%
  • (135,000 / $35,000)
3Quicken Loans 4 25%50%
  • 248%
  • (179,000 / $72,000)
  • 285%
  • (211,000 / $74,000)
4Citimortgage 3 66%33% 0
  • 479%
  • (235,000 / $49,000)
5Usaa Federal Savings Bank 2 50%50%
  • 354%
  • (195,000 / $55,000)
  • 225%
  • (194,000 / $86,000)
6Wells Fargo Funding 1 100%0% 0 0
7Us Bank 1 100%0%
  • 307%
  • (117,000 / $38,000)
0
8Taylor, Bean & Whitaker 1 0%100% 0
  • 262%
  • (118,000 / $45,000)
9Nfcu 1 0%100% 0
  • 191%
  • (237,000 / $124,000)
10National City Bank 1 0%100% 0
  • 504%
  • (252,000 / $50,000)
11Minnwest Mortgage Corporation 1 0%100% 0
  • 216%
  • (78,000 / $36,000)
12Jpmorgan Chase Bank 1 100%0% 0 0
13Ifreedom Direct Corporation 1 100%0%
  • 263%
  • (100,000 / $38,000)
0
14Flagstar Bank 1 0%100% 0
  • 97%
  • (66,000 / $68,000)
15Everett Financial 1 100%0%
  • 245%
  • (150,000 / $61,000)
0
16Embrace Home Loans, 1 0%100% 0
  • 519%
  • (161,000 / $31,000)
17Countrywide Bank Fsb 1 0%100% 0
  • 369%
  • (155,000 / $42,000)
18Bremer Bank Na (Willmar) 1 100%0%
  • 279%
  • (218,000 / $78,000)
0
19Bank Of The West 1 100%0%
  • 216%
  • (171,000 / $79,000)
0
20Bank Of America 1 0%0% 0 0

Eagle Lake, MN VA Mortgage Refinance Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 42
  2. Loan Applications Denied: 18
  3. % of Loan Applications Denied: 42
  4. # of Loan Originations: 16
  5. % of Loan Applications Originated 38

Eagle Lake, MN VA Home Loan Refinance Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral30
Credit history30
Insufficient cash (downpayment, closing costs)15
Debt-to-income ratio7

Eagle Lake, 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
$0 - $100,0006 3266
$100,000 - $300,00034 4041
$300,000 - $500,0002 00

Eagle Lake, 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 - $100,00040 4040
$100,000 - $300,0002 0100

Loan to Income Ratios Research for VA Mortgage Refinance in Eagle Lake, 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%10 100
100 - 200%425 75
200 - 300%1655 25
300 - 400%1136 45
> 400%1020 50

Eagle Lake, 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 Dwelling42 3842

Home Owner Property Type Statistics in Eagle Lake, 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)40 3545
Manufactured Housing2 1000
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