Top Charlestown, MN Mortgage Lenders

RankCharlestown Mortgage LenderCharlestown Home Loans ProcessedCharlestown Home Loans ApprovedCharlestown Home Loans DeniedCharlestown Mortgage Median Loan to Income Ratio (LTR) for Approved LoansCharlestown Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 21 52%23%
  • 153%
  • (43,000 Loan / $28,000 Income)
  • 184%
  • (61,000 Loan / $33,000 Income)
2Us Bk Na Nd 9 55%33%
  • 90%
  • (40,000 / $44,000)
  • 76%
  • (128,000 / $167,000)
3Jpmorgan Chase Bank 9 77%22%
  • 181%
  • (49,000 / $27,000)
  • 62%
  • (23,000 / $37,000)
4Wells Federal Bank 7 28%42%
  • 285%
  • (60,000 / $21,000)
  • 133%
  • (20,000 / $15,000)
5Genworth Mortgage Insurance Co 6 16%0%
  • 209%
  • (23,000 / $11,000)
0
6Countrywide Bank Fsb 6 66%33%
  • 146%
  • (101,000 / $69,000)
  • 150%
  • (33,000 / $22,000)
7Beneficial Company Llc 6 0%66% 0
  • 192%
  • (48,000 / $25,000)
8Us Bank North Dakota 5 40%20%
  • 288%
  • (127,000 / $44,000)
  • 220%
  • (75,000 / $34,000)
9Mortgage Guaranty Insurance Co 5 40%0%
  • 159%
  • (83,000 / $52,000)
0
10Gmac Mortgage Llc 5 0%40% 0
  • 371%
  • (78,000 / $21,000)
11Wells Fargo Fin'l Minnesota 3 66%33%
  • 183%
  • (55,000 / $30,000)
  • 182%
  • (42,000 / $23,000)
12Us Bank 3 66%33%
  • 188%
  • (32,000 / $17,000)
  • 229%
  • (78,000 / $34,000)
13United Guaranty Corporation 3 66%33%
  • 160%
  • (37,000 / $23,000)
  • 178%
  • (93,000 / $52,000)
14Bremer Bank Na (Willmar) 3 100%0%
  • 148%
  • (110,000 / $74,000)
0
15Agstar Financial Services 3 33%0%
  • 223%
  • (340,000 / $152,000)
0
16United Prairie Bank 2 0%0% 0 0
17Republic Mortgage Insurance Co 2 50%50%
  • 228%
  • (130,000 / $57,000)
  • 178%
  • (93,000 / $52,000)
18Provident Funding Associates 2 50%50%
  • 307%
  • (129,000 / $42,000)
  • 390%
  • (121,000 / $31,000)
19National City Bank 2 50%0%
  • 160%
  • (37,000 / $23,000)
0
20Minnwest Bank Mv 2 50%50%
  • 25%
  • (20,000 / $79,000)
  • 80%
  • (55,000 / $68,000)

Charlestown, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 152
  2. Loan Applications Denied: 41
  3. % of Loan Applications Denied: 26
  4. # of Loan Originations: 74
  5. % of Loan Applications Originated 48

Charlestown, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history16
Collateral8
Debt-to-income ratio3
Credit application incomplete3
Insufficient cash (downpayment, closing costs)2

Charlestown, 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 - $100,000128 4628
$100,000 - $300,00021 6123
$300,000 - $500,0003 660

Charlestown, 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 - $100,000146 4826
$100,000 - $300,0006 3350

Loan to Income Ratios Research for Mortgage in Charlestown, 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%633 50
30 - 60%1233 25
60 - 100%2030 40
100 - 200%6850 25
200 - 300%3556 17
300 - 400%650 50
> 400%580 20

Charlestown, 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 Dwelling144 4827
Not Owner-Occupied As A Principal Dwelling7 5714

Home Owner Property Type Statistics in Charlestown, 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)135 5028
One To Four-Family16 3712
Manufactured Housing1 0100
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