Top Edgerton, MN Mortgage Lenders

RankEdgerton Mortgage LenderEdgerton Home Loans ProcessedEdgerton Home Loans ApprovedEdgerton Home Loans DeniedEdgerton Mortgage Median Loan to Income Ratio (LTR) for Approved LoansEdgerton Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 765 64%14%
  • 186%
  • (54,000 Loan / $29,000 Income)
  • 197%
  • (134,000 Loan / $68,000 Income)
2Jpmorgan Chase Bank 179 79%16%
  • 258%
  • (150,000 / $58,000)
  • 226%
  • (138,000 / $61,000)
3Citimortgage 151 76%9%
  • 236%
  • (199,000 / $84,000)
  • 327%
  • (285,000 / $87,000)
4Countrywide Bank Fsb 150 74%16%
  • 218%
  • (48,000 / $22,000)
  • 281%
  • (121,000 / $43,000)
5Us Bank 121 76%18%
  • 241%
  • (75,000 / $31,000)
  • 244%
  • (296,000 / $121,000)
6Beneficial Company Llc 109 5%80%
  • 213%
  • (96,000 / $45,000)
  • 232%
  • (135,000 / $58,000)
7Agstar Financial Services 100 59%10%
  • 183%
  • (350,000 / $191,000)
  • 333%
  • (200,000 / $60,000)
8Mortgage Guaranty Insurance Co 96 73%6%
  • 231%
  • (310,000 / $134,000)
  • 343%
  • (254,000 / $74,000)
9Bremer Bank Na (Fargo) 93 78%5%
  • 137%
  • (48,000 / $35,000)
  • 68%
  • (85,000 / $124,000)
10Countrywide Home Loans 89 91%7%
  • 220%
  • (77,000 / $35,000)
  • 196%
  • (100,000 / $51,000)
11Bank Of America 83 75%14%
  • 207%
  • (79,000 / $38,000)
  • 250%
  • (120,000 / $48,000)
12Genworth Mortgage Insurance Co 81 55%2%
  • 232%
  • (149,000 / $64,000)
  • 166%
  • (166,000 / $100,000)
13Affinity Plus Federal Credit U 71 66%5%
  • 73%
  • (137,000 / $186,000)
  • 320%
  • (80,000 / $25,000)
14Phh Mortgage Corporation 70 97%0%
  • 218%
  • (144,000 / $66,000)
0
15Wells Fargo Fin'l Minnesota 55 21%60%
  • 226%
  • (68,000 / $30,000)
  • 210%
  • (84,000 / $40,000)
16Embrace Home Loans, 55 9%38%
  • 280%
  • (216,000 / $77,000)
  • 233%
  • (63,000 / $27,000)
17United Guaranty Corporation 51 68%3%
  • 227%
  • (248,000 / $109,000)
  • 383%
  • (115,000 / $30,000)
18Associated Bank 49 87%10%
  • 144%
  • (163,000 / $113,000)
  • 125%
  • (44,000 / $35,000)
19Bank Forward 48 87%2%
  • 141%
  • (61,000 / $43,000)
  • 138%
  • (104,000 / $75,000)
20Bank Of The West 44 79%9%
  • 165%
  • (48,000 / $29,000)
  • 205%
  • (142,000 / $69,000)

Edgerton, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,070
  2. Loan Applications Denied: 761
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 2,564
  5. % of Loan Applications Originated 62

Edgerton, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral9
Credit history9
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Edgerton, 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 - $100,0001,624 6020
$100,000 - $300,0002,189 6417
$300,000 - $500,000231 6713
$500,000 - $1,000,00021 5628
$1,000,000 - $1,500,0002 500
$1,500,000 - $2,000,0003 033

Edgerton, 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 - $100,0003,328 6020
$100,000 - $300,000659 7012
$300,000 - $500,00049 7310
$500,000 - $1,000,00027 6214
$1,000,000 - $1,500,0004 5025
$1,500,000 - $2,000,0002 500
> $2,000,0001 0100

Loan to Income Ratios Research for Mortgage in Edgerton, 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%18957 22
30 - 60%25758 19
60 - 100%36969 17
100 - 200%1,11566 14
200 - 300%1,17164 18
300 - 400%56459 20
> 400%40549 28

Edgerton, 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 Dwelling3,612 6119
Not Owner-Occupied As A Principal Dwelling424 7510
Not Applicable5 4020

Home Owner Property Type Statistics in Edgerton, 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)3,625 6219
One To Four-Family352 692
Manufactured Housing93 5231
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