Top Enstrom, MN Mortgage Lenders

RankEnstrom Mortgage LenderEnstrom Home Loans ProcessedEnstrom Home Loans ApprovedEnstrom Home Loans DeniedEnstrom Mortgage Median Loan to Income Ratio (LTR) for Approved LoansEnstrom Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 168 54%26%
  • 184%
  • (140,000 Loan / $76,000 Income)
  • 152%
  • (64,000 Loan / $42,000 Income)
2Us Bank 79 73%20%
  • 170%
  • (147,000 / $86,000)
  • 272%
  • (237,000 / $87,000)
3Bank Of America 75 62%25%
  • 167%
  • (104,000 / $62,000)
  • 173%
  • (99,000 / $57,000)
4Jpmorgan Chase Bank 69 78%14%
  • 211%
  • (133,000 / $63,000)
  • 172%
  • (100,000 / $58,000)
5Mortgage Guaranty Insurance Co 59 69%6%
  • 204%
  • (96,000 / $47,000)
  • 247%
  • (161,000 / $65,000)
6Embrace Home Loans, 51 17%31%
  • 213%
  • (128,000 / $60,000)
  • 215%
  • (112,000 / $52,000)
7Genworth Mortgage Insurance Co 43 51%2%
  • 195%
  • (143,000 / $73,000)
  • 157%
  • (44,000 / $28,000)
8Merchants Bank 41 92%7%
  • 194%
  • (70,000 / $36,000)
  • 119%
  • (56,000 / $47,000)
9Countrywide Bank Fsb 40 60%27%
  • 115%
  • (98,000 / $85,000)
  • 255%
  • (153,000 / $60,000)
10Quicken Loans 37 81%18%
  • 194%
  • (142,000 / $73,000)
  • 226%
  • (43,000 / $19,000)
11Valley Mortgage Inc 34 85%8%
  • 239%
  • (127,000 / $53,000)
  • 150%
  • (83,000 / $55,000)
12Citimortgage 28 71%7%
  • 197%
  • (69,000 / $35,000)
  • 157%
  • (66,000 / $42,000)
13Affinity Plus Federal Credit U 24 58%8%
  • 87%
  • (75,000 / $86,000)
  • 133%
  • (64,000 / $48,000)
14Citifinancial Services Inc 20 45%35%
  • 129%
  • (79,000 / $61,000)
  • 75%
  • (25,000 / $33,000)
15United Guaranty Corporation 18 77%11%
  • 194%
  • (134,000 / $69,000)
  • 274%
  • (151,000 / $55,000)
16Hfc Company Llc 16 0%75% 0
  • 169%
  • (90,000 / $53,000)
17Gmac Mortgage Llc 15 0%53% 0
  • 167%
  • (94,000 / $56,000)
18Beneficial Company Llc 15 6%66%
  • 165%
  • (73,000 / $44,000)
  • 212%
  • (138,000 / $65,000)
19Wells Fargo Funding 14 100%0% 0 0
20Radian Guaranty 14 85%0%
  • 158%
  • (98,000 / $62,000)
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Enstrom, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,282
  2. Loan Applications Denied: 302
  3. % of Loan Applications Denied: 23
  4. # of Loan Originations: 722
  5. % of Loan Applications Originated 56

Enstrom, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history9
Debt-to-income ratio4
Credit application incomplete3
Unverifiable information1

Enstrom, 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 - $100,000641 5325
$100,000 - $300,000636 5721
$300,000 - $500,0005 2020

Enstrom, 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 - $100,0001,173 5524
$100,000 - $300,000105 6515
$300,000 - $500,0001 1000
$500,000 - $1,000,0002 050
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Enstrom, 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%3452 32
30 - 60%6248 33
60 - 100%12351 26
100 - 200%47760 19
200 - 300%37057 20
300 - 400%14056 23
> 400%7634 48

Enstrom, 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 Dwelling1,228 5623
Not Owner-Occupied As A Principal Dwelling42 5426
Not Applicable4 750

Home Owner Property Type Statistics in Enstrom, 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)1,033 5525
One To Four-Family152 685
Manufactured Housing97 4735
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