Top Ellsworth, MN Mortgage Lenders

RankEllsworth Mortgage LenderEllsworth Home Loans ProcessedEllsworth Home Loans ApprovedEllsworth Home Loans DeniedEllsworth Mortgage Median Loan to Income Ratio (LTR) for Approved LoansEllsworth Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 294 69%13%
  • 208%
  • (148,000 Loan / $71,000 Income)
  • 196%
  • (98,000 Loan / $50,000 Income)
2Center National Bank 72 88%5%
  • 170%
  • (182,000 / $107,000)
  • 222%
  • (140,000 / $63,000)
3Jpmorgan Chase Bank 46 71%26%
  • 225%
  • (142,000 / $63,000)
  • 147%
  • (100,000 / $68,000)
4Countrywide Bank Fsb 34 73%20%
  • 217%
  • (304,000 / $140,000)
  • 240%
  • (156,000 / $65,000)
5Us Bank 33 69%18%
  • 271%
  • (76,000 / $28,000)
  • 220%
  • (77,000 / $35,000)
6Citimortgage 27 77%14%
  • 317%
  • (92,000 / $29,000)
  • 315%
  • (189,000 / $60,000)
7Phh Mortgage Corporation 26 76%3%
  • 258%
  • (349,000 / $135,000)
  • 217%
  • (402,000 / $185,000)
8Beneficial Company Llc 26 3%65%
  • 73%
  • (55,000 / $75,000)
  • 258%
  • (310,000 / $120,000)
9Countrywide Home Loans 23 65%30%
  • 218%
  • (157,000 / $72,000)
  • 250%
  • (135,000 / $54,000)
10Midcountry Bank 22 63%27%
  • 130%
  • (200,000 / $153,000)
  • 275%
  • (91,000 / $33,000)
11First Natl Bank Of Cold Spring 17 70%5%
  • 310%
  • (87,000 / $28,000)
  • 447%
  • (318,000 / $71,000)
12Cornerstone Mortgage Company 17 82%5%
  • 372%
  • (216,000 / $58,000)
  • 132%
  • (45,000 / $34,000)
13Wells Fargo Fin'l Minnesota 16 12%43%
  • 322%
  • (187,000 / $58,000)
  • 275%
  • (110,000 / $40,000)
14Wells Fargo Funding 15 86%6% 0
  • 463%
  • (417,000 / $90,000)
15Us Bank North Dakota 14 28%14%
  • 145%
  • (135,000 / $93,000)
  • 375%
  • (120,000 / $32,000)
16Novationcreditunion 14 85%7%
  • 34%
  • (26,000 / $75,000)
  • 57%
  • (55,000 / $96,000)
17Liberty Savings Bank Fsb 13 100%0%
  • 280%
  • (87,000 / $31,000)
0
18Citifinancial Services Inc 13 38%61%
  • 86%
  • (44,000 / $51,000)
  • 160%
  • (16,000 / $10,000)
19Bank Of America 13 76%7%
  • 204%
  • (139,000 / $68,000)
  • 444%
  • (218,000 / $49,000)
20Mortgage Guaranty Insurance Co 12 58%25%
  • 236%
  • (177,000 / $75,000)
  • 268%
  • (188,000 / $70,000)

Ellsworth, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,222
  2. Loan Applications Denied: 231
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 791
  5. % of Loan Applications Originated 64

Ellsworth, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio12
Credit history10
Credit application incomplete6
Unverifiable information3

Ellsworth, 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 - $100,000371 5824
$100,000 - $300,000775 6616
$300,000 - $500,00071 6022
$500,000 - $1,000,0005 1000

Ellsworth, 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 - $100,000970 6120
$100,000 - $300,000235 7312
$300,000 - $500,00010 800
$500,000 - $1,000,0006 830
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Ellsworth, 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%4361 16
30 - 60%6257 19
60 - 100%11267 14
100 - 200%32969 18
200 - 300%30869 14
300 - 400%22259 22
> 400%14647 28

Ellsworth, 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 Dwelling1,106 6319
Not Owner-Occupied As A Principal Dwelling110 808
Not Applicable4 075

Home Owner Property Type Statistics in Ellsworth, 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)1,134 6419
One To Four-Family48 758
Manufactured Housing40 6020
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