Top Burtrum, MN Mortgage Lenders

RankBurtrum Mortgage LenderBurtrum Home Loans ProcessedBurtrum Home Loans ApprovedBurtrum Home Loans DeniedBurtrum Mortgage Median Loan to Income Ratio (LTR) for Approved LoansBurtrum Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 865 60%20%
  • 181%
  • (107,000 Loan / $59,000 Income)
  • 163%
  • (150,000 Loan / $92,000 Income)
2Jpmorgan Chase Bank 238 89%9%
  • 237%
  • (185,000 / $78,000)
  • 250%
  • (60,000 / $24,000)
3Hometown Bank 182 83%8%
  • 132%
  • (65,000 / $49,000)
  • 264%
  • (90,000 / $34,000)
4Mortgage Guaranty Insurance Co 172 61%9%
  • 225%
  • (72,000 / $32,000)
  • 204%
  • (135,000 / $66,000)
5Wells Federal Bank 166 69%9%
  • 180%
  • (117,000 / $65,000)
  • 311%
  • (53,000 / $17,000)
6Citimortgage 162 76%7%
  • 190%
  • (95,000 / $50,000)
  • 222%
  • (320,000 / $144,000)
7Countrywide Bank Fsb 156 64%16%
  • 214%
  • (193,000 / $90,000)
  • 216%
  • (80,000 / $37,000)
8Peoples State Bank Of Plainvie 149 93%6%
  • 136%
  • (49,000 / $36,000)
  • 257%
  • (121,000 / $47,000)
9Us Bank 142 80%11%
  • 195%
  • (164,000 / $84,000)
  • 217%
  • (122,000 / $56,000)
10First Farmers & Merchants Natl 122 84%8%
  • 152%
  • (87,000 / $57,000)
  • 209%
  • (65,000 / $31,000)
11Beneficial Company Llc 120 7%76%
  • 209%
  • (92,000 / $44,000)
  • 222%
  • (158,000 / $71,000)
12Genworth Mortgage Insurance Co 103 60%1%
  • 250%
  • (148,000 / $59,000)
  • 181%
  • (107,000 / $59,000)
13Roundbank 98 69%21%
  • 137%
  • (92,000 / $67,000)
  • 191%
  • (88,000 / $46,000)
14Affinity Plus Federal Credit U 98 72%5%
  • 75%
  • (157,000 / $209,000)
  • 211%
  • (275,000 / $130,000)
15Countrywide Home Loans 86 79%11%
  • 209%
  • (134,000 / $64,000)
  • 173%
  • (146,000 / $84,000)
16Embrace Home Loans, 81 14%43%
  • 330%
  • (109,000 / $33,000)
  • 250%
  • (188,000 / $75,000)
17Wells Fargo Fin'l Minnesota 77 20%54%
  • 207%
  • (110,000 / $53,000)
  • 214%
  • (88,000 / $41,000)
18Bank Of America 72 80%15%
  • 188%
  • (68,000 / $36,000)
  • 235%
  • (73,000 / $31,000)
19Citifinancial Services Inc 71 32%36%
  • 223%
  • (58,000 / $26,000)
  • 112%
  • (27,000 / $24,000)
20Us Bank North Dakota 66 45%36%
  • 108%
  • (38,000 / $35,000)
  • 96%
  • (50,000 / $52,000)

Burtrum, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 5,671
  2. Loan Applications Denied: 1,073
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 3,584
  5. % of Loan Applications Originated 63

Burtrum, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history10
Collateral9
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Burtrum, 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 - $100,0002,650 6021
$100,000 - $300,0002,856 6416
$300,000 - $500,000152 5925
$500,000 - $1,000,00013 3830

Burtrum, 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 - $100,0004,712 6119
$100,000 - $300,000890 6913
$300,000 - $500,00039 6815
$500,000 - $1,000,00025 808
$1,000,000 - $1,500,0003 3333
$1,500,000 - $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Burtrum, 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%31761 21
30 - 60%36363 20
60 - 100%55064 20
100 - 200%1,84466 15
200 - 300%1,50963 17
300 - 400%69057 20
> 400%39851 32

Burtrum, 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 Dwelling5,072 6219
Not Owner-Occupied As A Principal Dwelling552 7314
Not Applicable7 2842

Home Owner Property Type Statistics in Burtrum, 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)4,997 6319
One To Four-Family488 684
Manufactured Housing186 4833
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