Top Bellechester, MN Mortgage Lenders

RankBellechester Mortgage LenderBellechester Home Loans ProcessedBellechester Home Loans ApprovedBellechester Home Loans DeniedBellechester Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBellechester Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,581 61%17%
  • 196%
  • (59,000 Loan / $30,000 Income)
  • 162%
  • (112,000 Loan / $69,000 Income)
2Countrywide Bank Fsb 405 72%17%
  • 228%
  • (240,000 / $105,000)
  • 248%
  • (149,000 / $60,000)
3Jpmorgan Chase Bank 393 79%15%
  • 241%
  • (210,000 / $87,000)
  • 200%
  • (120,000 / $60,000)
4Affinity Plus Federal Credit U 386 67%6%
  • 104%
  • (89,000 / $85,000)
  • 232%
  • (65,000 / $28,000)
5Citimortgage 344 77%9%
  • 202%
  • (73,000 / $36,000)
  • 240%
  • (180,000 / $75,000)
6Beneficial Company Llc 286 8%73%
  • 212%
  • (102,000 / $48,000)
  • 204%
  • (92,000 / $45,000)
7Mortgage Guaranty Insurance Co 236 74%7%
  • 219%
  • (57,000 / $26,000)
  • 240%
  • (142,000 / $59,000)
8Genworth Mortgage Insurance Co 236 61%3%
  • 230%
  • (417,000 / $181,000)
  • 268%
  • (78,000 / $29,000)
9Bank Of America 229 76%15%
  • 237%
  • (140,000 / $59,000)
  • 250%
  • (120,000 / $48,000)
10Us Bank 228 74%16%
  • 197%
  • (160,000 / $81,000)
  • 217%
  • (200,000 / $92,000)
11Countrywide Home Loans 227 78%16%
  • 204%
  • (86,000 / $42,000)
  • 193%
  • (56,000 / $29,000)
12Us Bank North Dakota 186 31%44%
  • 112%
  • (84,000 / $75,000)
  • 159%
  • (115,000 / $72,000)
13Agstar Financial Services 181 61%11%
  • 206%
  • (120,000 / $58,000)
  • 174%
  • (117,000 / $67,000)
14Citifinancial Services Inc 167 33%40%
  • 172%
  • (38,000 / $22,000)
  • 161%
  • (71,000 / $44,000)
15Embrace Home Loans, 165 9%46%
  • 151%
  • (117,000 / $77,000)
  • 248%
  • (82,000 / $33,000)
16United Guaranty Corporation 138 78%5%
  • 231%
  • (104,000 / $45,000)
  • 217%
  • (187,000 / $86,000)
17Wells Fargo Fin'l Minnesota 137 20%49%
  • 178%
  • (68,000 / $38,000)
  • 218%
  • (168,000 / $77,000)
18Wells Fargo Funding 135 98%0%
  • 183%
  • (152,000 / $83,000)
  • 214%
  • (88,000 / $41,000)
19Phh Mortgage Corporation 135 82%2%
  • 212%
  • (204,000 / $96,000)
  • 411%
  • (144,000 / $35,000)
20Roundbank 124 83%8%
  • 121%
  • (172,000 / $141,000)
  • 192%
  • (110,000 / $57,000)

Bellechester, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 11,263
  2. Loan Applications Denied: 2,201
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 7,002
  5. % of Loan Applications Originated 62

Bellechester, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history9
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Bellechester, 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 - $100,0004,782 6021
$100,000 - $300,0005,943 6317
$300,000 - $500,000494 5619
$500,000 - $1,000,00041 6026
$1,000,000 - $1,500,0002 1000
> $2,000,0001 1000

Bellechester, 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 - $100,0009,424 6020
$100,000 - $300,0001,703 6812
$300,000 - $500,00082 6415
$500,000 - $1,000,00041 5724
$1,000,000 - $1,500,00010 8020
$1,500,000 - $2,000,0003 660

Loan to Income Ratios Research for Mortgage in Bellechester, 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%50560 23
30 - 60%74060 23
60 - 100%1,07263 19
100 - 200%3,37066 16
200 - 300%3,01261 17
300 - 400%1,56460 19
> 400%1,00047 31

Bellechester, 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 Dwelling10,316 6119
Not Owner-Occupied As A Principal Dwelling871 6916
Not Applicable18 2238

Home Owner Property Type Statistics in Bellechester, 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)10,036 6120
One To Four-Family899 734
Manufactured Housing328 5130
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