Top Longville, MN VA Mortgage Refinance Lenders

RankLongville VA Mortgage Refinance LenderLongville VA Home Loans Refinance ProcessedLongville VA Home Refinance Loans ApprovedLongville VA Home Refinance Loans DeniedLongville VA Mortgage Refinance Median Loan to Income Ratio (LTR) for Approved LoansLongville VA Mortgage Refinance Median LTR for Denied Loans
1New Day Financial, Llc 20 5%25%
  • 394%
  • (339,000 Loan / $86,000 Income)
  • 320%
  • (125,000 Loan / $39,000 Income)
2Wells Fargo Bank 10 50%30%
  • 283%
  • (207,000 / $73,000)
  • 154%
  • (71,000 / $46,000)
3Quicken Loans 7 85%14%
  • 330%
  • (582,000 / $176,000)
  • 332%
  • (163,000 / $49,000)
4Bank Of America 7 71%14% 0
  • 211%
  • (72,000 / $34,000)
5Citimortgage 4 75%25% 0
  • 227%
  • (175,000 / $77,000)
6Us Bank 3 33%33%
  • 247%
  • (252,000 / $102,000)
  • 92%
  • (178,000 / $193,000)
7Flagstar Bank 3 100%0%
  • 285%
  • (120,000 / $42,000)
0
8Usaa Federal Savings Bank 2 0%100% 0
  • 395%
  • (87,000 / $22,000)
9Mortgage Research Center 2 50%0%
  • 278%
  • (117,000 / $42,000)
0
10Mortgage Investors Corp 2 50%50%
  • 91%
  • (165,000 / $180,000)
  • 97%
  • (135,000 / $138,000)
11Ifreedom Direct Corporation 2 100%0%
  • 187%
  • (159,000 / $85,000)
0
12Frandsen Bank & Trust 2 0%100% 0
  • 333%
  • (177,000 / $53,000)
13Cortrust Mortgage Inc 2 50%0%
  • 346%
  • (187,000 / $54,000)
0
14Ally Bank 2 50%50%
  • 434%
  • (239,000 / $55,000)
  • 938%
  • (338,000 / $36,000)
15Wells Fargo Funding 1 100%0% 0 0
16Suntrust Mortgage 1 100%0%
  • 127%
  • (94,000 / $74,000)
0
17Summit Mortgage Corporation 1 100%0%
  • 382%
  • (130,000 / $34,000)
0
18Pnc Bank N.A. 1 100%0%
  • 286%
  • (132,000 / $46,000)
0
19Mortgage Research Center, Llc 1 100%0%
  • 341%
  • (106,000 / $31,000)
0
20Lakeland Mortgage Corporation 1 100%0%
  • 139%
  • (117,000 / $84,000)
0

Longville, MN VA Mortgage Refinance Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 83
  2. Loan Applications Denied: 19
  3. % of Loan Applications Denied: 22
  4. # of Loan Originations: 41
  5. % of Loan Applications Originated 49

Longville, MN VA Home Loan Refinance Application Denied Reasons

Denied Reason % of All Denied Applications
Debt-to-income ratio27
Credit history27
Collateral16
Employment history11
Unverifiable information5

Longville, 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 - $100,00022 3622
$100,000 - $300,00056 5523
$300,000 - $500,0004 2525
$500,000 - $1,000,0001 1000

Longville, 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 - $100,00072 5122
$100,000 - $300,00011 3627

Loan to Income Ratios Research for VA Mortgage Refinance in Longville, 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
0 - 30%250 0
60 - 100%425 75
100 - 200%2137 14
200 - 300%3052 20
300 - 400%1860 27
> 400%849 25

Longville, 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 Dwelling82 5023
Not Owner-Occupied As A Principal Dwelling1 00

Home Owner Property Type Statistics in Longville, 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)82 5021
Manufactured Housing1 0100
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