Top Bluffton, MN Mortgage Lenders

RankBluffton Mortgage LenderBluffton Home Loans ProcessedBluffton Home Loans ApprovedBluffton Home Loans DeniedBluffton Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBluffton Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 494 71%14%
  • 184%
  • (332,000 Loan / $180,000 Income)
  • 237%
  • (140,000 Loan / $59,000 Income)
2Bremer Bank Na (Fargo) 317 77%5%
  • 158%
  • (65,000 / $41,000)
  • 83%
  • (36,000 / $43,000)
3Jpmorgan Chase Bank 270 85%11%
  • 256%
  • (164,000 / $64,000)
  • 239%
  • (91,000 / $38,000)
4Phh Mortgage Corporation 215 93%0%
  • 201%
  • (129,000 / $64,000)
  • 541%
  • (184,000 / $34,000)
5Us Bank 155 79%11%
  • 230%
  • (210,000 / $91,000)
  • 275%
  • (66,000 / $24,000)
6Citimortgage 119 80%10%
  • 250%
  • (125,000 / $50,000)
  • 269%
  • (105,000 / $39,000)
7Countrywide Bank Fsb 77 79%14%
  • 225%
  • (176,000 / $78,000)
  • 314%
  • (148,000 / $47,000)
8State Bank & Trust 70 72%11%
  • 164%
  • (110,000 / $67,000)
  • 304%
  • (125,000 / $41,000)
9Genworth Mortgage Insurance Co 70 65%1%
  • 258%
  • (230,000 / $89,000)
  • 274%
  • (140,000 / $51,000)
10Mortgage Guaranty Insurance Co 66 68%10%
  • 267%
  • (203,000 / $76,000)
  • 242%
  • (102,000 / $42,000)
11Merchants Bank 65 90%7%
  • 223%
  • (212,000 / $95,000)
  • 222%
  • (160,000 / $72,000)
12Embrace Home Loans, 62 16%43%
  • 268%
  • (134,000 / $50,000)
  • 295%
  • (65,000 / $22,000)
13Bank Of America 62 83%9%
  • 227%
  • (155,000 / $68,000)
  • 297%
  • (205,000 / $69,000)
14Citibank 50 76%14%
  • 152%
  • (188,000 / $123,000)
  • 60%
  • (90,000 / $150,000)
15Affinity Plus Federal Credit U 48 56%8%
  • 140%
  • (225,000 / $160,000)
  • 230%
  • (145,000 / $63,000)
16Franklin American Mortgage Co 45 57%22%
  • 204%
  • (100,000 / $49,000)
  • 347%
  • (243,000 / $70,000)
17Countrywide Home Loans 44 88%6%
  • 220%
  • (121,000 / $55,000)
  • 39%
  • (33,000 / $83,000)
18Central Mn Cu 40 45%35%
  • 120%
  • (60,000 / $50,000)
  • 211%
  • (112,000 / $53,000)
19Wells Fargo Funding 36 97%0%
  • 167%
  • (127,000 / $76,000)
0
20Quicken Loans 34 67%20%
  • 247%
  • (156,000 / $63,000)
  • 323%
  • (168,000 / $52,000)

Bluffton, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,465
  2. Loan Applications Denied: 544
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 2,367
  5. % of Loan Applications Originated 68

Bluffton, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral9
Debt-to-income ratio7
Credit history7
Credit application incomplete3
Unverifiable information2

Bluffton, 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 - $100,0001,214 6618
$100,000 - $300,0002,093 6814
$300,000 - $500,000153 6516
$500,000 - $1,000,0005 600

Bluffton, 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 - $100,0002,848 6517
$100,000 - $300,000565 769
$300,000 - $500,00036 745
$500,000 - $1,000,00014 570
$1,000,000 - $1,500,0002 1000

Loan to Income Ratios Research for Mortgage in Bluffton, 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%9464 19
30 - 60%16464 19
60 - 100%30374 13
100 - 200%1,01672 12
200 - 300%97569 15
300 - 400%56164 16
> 400%35253 23

Bluffton, 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 Dwelling2,956 6616
Not Owner-Occupied As A Principal Dwelling490 799
Not Applicable3 3333

Home Owner Property Type Statistics in Bluffton, 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)3,165 6816
One To Four-Family236 684
Manufactured Housing64 5128
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