Top Baldwin, MN Mortgage Lenders

RankBaldwin Mortgage LenderBaldwin Home Loans ProcessedBaldwin Home Loans ApprovedBaldwin Home Loans DeniedBaldwin Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBaldwin Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 924 64%17%
  • 237%
  • (221,000 Loan / $93,000 Income)
  • 252%
  • (310,000 Loan / $123,000 Income)
2Jpmorgan Chase Bank 377 83%14%
  • 242%
  • (51,000 / $21,000)
  • 296%
  • (344,000 / $116,000)
3Citimortgage 314 81%8%
  • 293%
  • (255,000 / $87,000)
  • 301%
  • (217,000 / $72,000)
4Us Bank 255 81%10%
  • 248%
  • (204,000 / $82,000)
  • 301%
  • (166,000 / $55,000)
5Countrywide Bank Fsb 204 69%18%
  • 269%
  • (116,000 / $43,000)
  • 268%
  • (185,000 / $69,000)
6Citibank 200 69%16%
  • 165%
  • (91,000 / $55,000)
  • 124%
  • (123,000 / $99,000)
7Countrywide Home Loans 170 74%18%
  • 262%
  • (213,000 / $81,000)
  • 300%
  • (180,000 / $60,000)
8Beneficial Company Llc 130 3%78%
  • 372%
  • (276,000 / $74,000)
  • 295%
  • (142,000 / $48,000)
9Bank Of America 112 76%7%
  • 255%
  • (92,000 / $36,000)
  • 350%
  • (273,000 / $78,000)
10Wells Fargo Funding 94 98%1%
  • 328%
  • (220,000 / $67,000)
  • 600%
  • (240,000 / $40,000)
11The Business Bank 94 89%3%
  • 273%
  • (407,000 / $149,000)
  • 181%
  • (87,000 / $48,000)
12Mortgage Guaranty Insurance Co 93 76%3%
  • 344%
  • (210,000 / $61,000)
  • 313%
  • (185,000 / $59,000)
13Bremer Bank Na (Twin Cities) 87 80%6%
  • 157%
  • (115,000 / $73,000)
  • 84%
  • (49,000 / $58,000)
14Us Bank North Dakota 85 30%41%
  • 119%
  • (100,000 / $84,000)
  • 289%
  • (188,000 / $65,000)
15Bell America Mortgage Llc Dba 80 67%2%
  • 300%
  • (123,000 / $41,000)
  • 357%
  • (143,000 / $40,000)
16Affinity Plus Federal Credit U 77 46%6%
  • 87%
  • (173,000 / $197,000)
  • 344%
  • (117,000 / $34,000)
17Tcf National Bank 72 34%44%
  • 276%
  • (94,000 / $34,000)
  • 260%
  • (73,000 / $28,000)
18Radian Guaranty 71 81%0%
  • 293%
  • (267,000 / $91,000)
0
19First National Bank Of Elk Riv 71 76%11%
  • 70%
  • (28,000 / $40,000)
  • 147%
  • (115,000 / $78,000)
20Quicken Loans 69 63%28%
  • 264%
  • (416,000 / $157,000)
  • 328%
  • (164,000 / $50,000)

Baldwin, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 6,650
  2. Loan Applications Denied: 1,272
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 4,209
  5. % of Loan Applications Originated 63

Baldwin, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history11
Debt-to-income ratio8
Credit application incomplete3
Unverifiable information1

Baldwin, MN Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0001,405 6221
$100,000 - $300,0004,747 6317
$300,000 - $500,000467 5423
$500,000 - $1,000,00031 4435

Baldwin, MN Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0005,251 6219
$100,000 - $300,0001,326 6218
$300,000 - $500,00049 7512
$500,000 - $1,000,00014 4928
$1,000,000 - $1,500,0004 5025
$1,500,000 - $2,000,0004 2525
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Baldwin, 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%27559 24
30 - 60%37761 21
60 - 100%44964 20
100 - 200%1,29666 15
200 - 300%1,85966 15
300 - 400%1,42261 20
> 400%97253 24

Baldwin, MN Home Owner Occupancy Type Mortgage Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling6,311 6319
Not Owner-Occupied As A Principal Dwelling310 6818
Not Applicable9 4411

Home Owner Property Type Statistics in Baldwin, MN for 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)6,204 6219
One To Four-Family395 752
Manufactured Housing51 3149
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