Top Bellingham, MN Mortgage Lenders

RankBellingham Mortgage LenderBellingham Home Loans ProcessedBellingham Home Loans ApprovedBellingham Home Loans DeniedBellingham Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBellingham Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 929 61%19%
  • 206%
  • (95,000 Loan / $46,000 Income)
  • 175%
  • (128,000 Loan / $73,000 Income)
2Countrywide Bank Fsb 279 71%16%
  • 243%
  • (100,000 / $41,000)
  • 222%
  • (89,000 / $40,000)
3Jpmorgan Chase Bank 266 83%14%
  • 266%
  • (112,000 / $42,000)
  • 214%
  • (90,000 / $42,000)
4Citimortgage 254 74%12%
  • 192%
  • (150,000 / $78,000)
  • 214%
  • (159,000 / $74,000)
5Affinity Plus Federal Credit U 217 70%5%
  • 78%
  • (78,000 / $99,000)
  • 250%
  • (50,000 / $20,000)
6Countrywide Home Loans 183 77%12%
  • 230%
  • (145,000 / $63,000)
  • 250%
  • (173,000 / $69,000)
7Genworth Mortgage Insurance Co 166 50%0%
  • 268%
  • (153,000 / $57,000)
  • 443%
  • (293,000 / $66,000)
8Bank Of America 166 61%19%
  • 257%
  • (147,000 / $57,000)
  • 200%
  • (245,000 / $122,000)
9Beneficial Company Llc 159 3%79%
  • 194%
  • (70,000 / $36,000)
  • 228%
  • (135,000 / $59,000)
10Associated Bank 140 73%17%
  • 119%
  • (85,000 / $71,000)
  • 76%
  • (36,000 / $47,000)
11Agstar Financial Services 134 63%16%
  • 166%
  • (130,000 / $78,000)
  • 318%
  • (156,000 / $49,000)
12Mortgage Guaranty Insurance Co 132 62%9%
  • 250%
  • (150,000 / $60,000)
  • 272%
  • (180,000 / $66,000)
13Us Bank North Dakota 127 32%48%
  • 135%
  • (46,000 / $34,000)
  • 186%
  • (166,000 / $89,000)
14Citifinancial Services Inc 124 37%41%
  • 141%
  • (41,000 / $29,000)
  • 209%
  • (44,000 / $21,000)
15Us Bank 123 70%12%
  • 239%
  • (220,000 / $92,000)
  • 249%
  • (142,000 / $57,000)
16Citibank 95 69%18%
  • 53%
  • (25,000 / $47,000)
  • 70%
  • (60,000 / $85,000)
17Embrace Home Loans, 81 3%43%
  • 201%
  • (131,000 / $65,000)
  • 300%
  • (195,000 / $65,000)
18Bell America Mortgage Llc Dba 77 57%2%
  • 294%
  • (100,000 / $34,000)
  • 446%
  • (183,000 / $41,000)
19Wells Fargo Funding 76 98%1%
  • 275%
  • (182,000 / $66,000)
  • 386%
  • (174,000 / $45,000)
20United Guaranty Corporation 74 81%4%
  • 282%
  • (144,000 / $51,000)
  • 234%
  • (68,000 / $29,000)

Bellingham, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 6,743
  2. Loan Applications Denied: 1,382
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 4,046
  5. % of Loan Applications Originated 60

Bellingham, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history10
Debt-to-income ratio6
Credit application incomplete3
Unverifiable information1

Bellingham, 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 - $100,0002,643 5723
$100,000 - $300,0003,834 6118
$300,000 - $500,000245 5521
$500,000 - $1,000,00018 6627
$1,000,000 - $1,500,0002 500
> $2,000,0001 0100

Bellingham, 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 - $100,0005,680 5821
$100,000 - $300,000977 6416
$300,000 - $500,00049 6922
$500,000 - $1,000,00028 4235
$1,000,000 - $1,500,0004 00
$1,500,000 - $2,000,0003 1000
> $2,000,0002 5050

Loan to Income Ratios Research for Mortgage in Bellingham, 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%32356 28
30 - 60%44257 26
60 - 100%59660 20
100 - 200%1,75462 16
200 - 300%1,86062 17
300 - 400%1,04760 19
> 400%72147 31

Bellingham, 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 Dwelling6,178 5920
Not Owner-Occupied As A Principal Dwelling509 6221
Not Applicable17 5211

Home Owner Property Type Statistics in Bellingham, 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)5,955 5921
One To Four-Family562 673
Manufactured Housing226 4729
More Bellingham, MN Mortgage Research: