Top Gillford, MN FHA Mortgage Lenders

RankGillford FHA Mortgage LenderGillford FHA Home Loans ProcessedGillford FHA Home Loans ApprovedGillford FHA Home Loans DeniedGillford FHA Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGillford Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 30 46%33%
  • 293%
  • (188,000 Loan / $64,000 Income)
  • 390%
  • (121,000 Loan / $31,000 Income)
2Countrywide Bank Fsb 19 52%10%
  • 255%
  • (161,000 / $63,000)
  • 382%
  • (149,000 / $39,000)
3Jpmorgan Chase Bank 9 77%22% 0
  • 356%
  • (107,000 / $30,000)
4Us Bank 7 85%14%
  • 258%
  • (119,000 / $46,000)
  • 340%
  • (119,000 / $35,000)
5Franklin American Mortgage Co 7 71%0%
  • 334%
  • (127,000 / $38,000)
0
6Embrace Home Loans, 6 0%50% 0
  • 336%
  • (84,000 / $25,000)
7Bank Of America 6 83%0%
  • 588%
  • (147,000 / $25,000)
0
8Quicken Loans 4 75%0%
  • 197%
  • (237,000 / $120,000)
0
9Countrywide Home Loans 4 100%0%
  • 331%
  • (149,000 / $45,000)
0
10Wells Fargo Funding 3 100%0% 0 0
11Citimortgage 3 100%0% 0 0
12The Business Bank 2 100%0%
  • 221%
  • (113,000 / $51,000)
0
13Reliance First Capital Llc 2 0%50% 0
  • 395%
  • (174,000 / $44,000)
14Waterstone Mortgage Corp 1 0%100% 0
  • 494%
  • (188,000 / $38,000)
15Taylor, Bean & Whitaker 1 100%0%
  • 327%
  • (144,000 / $44,000)
0
16Suntrust Mortgage 1 0%0% 0 0
17Summit Mortgage Corporation 1 100%0%
  • 351%
  • (123,000 / $35,000)
0
18Shore Mortgage 1 0%0% 0 0
19Phh Home Loans 1 100%0%
  • 473%
  • (218,000 / $46,000)
0
20Pennymac Loan Services Llc 1 0%0% 0 0

Gillford, MN FHA Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 128
  2. Loan Applications Denied: 27
  3. % of Loan Applications Denied: 21
  4. # of Loan Originations: 74
  5. % of Loan Applications Originated 57

Gillford, MN FHA Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Debt-to-income ratio22
Collateral22
Credit history18
Credit application incomplete11
Insufficient cash (downpayment, closing costs)7

Gillford, MN FHA Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,00018 5422
$100,000 - $300,000109 5820
$300,000 - $500,0001 0100

Gillford, MN FHA Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000113 5820
$100,000 - $300,00015 4626

Loan to Income Ratios Research for FHA Mortgage in Gillford, 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 0
100 - 200%2957 13
200 - 300%4462 15
300 - 400%3958 23
> 400%1540 46

Gillford, MN Home Owner Occupancy Type FHA Mortgage Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling128 5721

Home Owner Property Type Statistics in Gillford, MN for FHA 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)124 5820
Manufactured Housing4 5025
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