Top Gilmanton, MN Mortgage Lenders

RankGilmanton Mortgage LenderGilmanton Home Loans ProcessedGilmanton Home Loans ApprovedGilmanton Home Loans DeniedGilmanton Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGilmanton Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 496 62%21%
  • 235%
  • (158,000 Loan / $67,000 Income)
  • 223%
  • (154,000 Loan / $69,000 Income)
2Liberty Savings Bank Fsb 268 85%8%
  • 242%
  • (194,000 / $80,000)
  • 308%
  • (173,000 / $56,000)
3Bremer Bank Na (St Cloud) 176 83%3%
  • 255%
  • (345,000 / $135,000)
  • 225%
  • (36,000 / $16,000)
4Frandsen Bank & Trust 174 71%21%
  • 128%
  • (165,000 / $128,000)
  • 194%
  • (130,000 / $67,000)
5Jpmorgan Chase Bank 144 82%15%
  • 269%
  • (148,000 / $55,000)
  • 231%
  • (51,000 / $22,000)
6Agstar Financial Services 125 65%8%
  • 256%
  • (200,000 / $78,000)
  • 318%
  • (140,000 / $44,000)
7Falcon National Bank 116 54%29%
  • 64%
  • (87,000 / $134,000)
  • 195%
  • (80,000 / $41,000)
8Citimortgage 115 69%13%
  • 347%
  • (160,000 / $46,000)
  • 286%
  • (192,000 / $67,000)
9Us Bank 106 69%12%
  • 238%
  • (100,000 / $42,000)
  • 240%
  • (190,000 / $79,000)
10Beneficial Company Llc 100 3%81%
  • 260%
  • (78,000 / $30,000)
  • 276%
  • (210,000 / $76,000)
11Great River Federal Cu 82 41%35%
  • 100%
  • (125,000 / $124,000)
  • 140%
  • (14,000 / $10,000)
12Countrywide Bank Fsb 78 65%24%
  • 259%
  • (148,000 / $57,000)
  • 268%
  • (268,000 / $100,000)
13Bank Of America 68 76%10%
  • 227%
  • (155,000 / $68,000)
  • 314%
  • (308,000 / $98,000)
14Mortgage Guaranty Insurance Co 65 70%4%
  • 310%
  • (149,000 / $48,000)
  • 187%
  • (161,000 / $86,000)
15Phh Mortgage Corporation 61 85%3%
  • 208%
  • (71,000 / $34,000)
  • 224%
  • (211,000 / $94,000)
16Affinity Plus Federal Credit U 55 65%7%
  • 153%
  • (115,000 / $75,000)
  • 248%
  • (62,000 / $25,000)
17First National Bank Of Milaca 50 80%20%
  • 169%
  • (66,000 / $39,000)
  • 388%
  • (140,000 / $36,000)
18Citibank 47 68%21%
  • 213%
  • (126,000 / $59,000)
  • 135%
  • (119,000 / $88,000)
19Countrywide Home Loans 45 77%20%
  • 279%
  • (257,000 / $92,000)
  • 284%
  • (71,000 / $25,000)
20Us Bank North Dakota 44 36%36%
  • 156%
  • (83,000 / $53,000)
  • 212%
  • (185,000 / $87,000)

Gilmanton, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,862
  2. Loan Applications Denied: 812
  3. % of Loan Applications Denied: 21
  4. # of Loan Originations: 2,390
  5. % of Loan Applications Originated 61

Gilmanton, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history15
Collateral13
Debt-to-income ratio11
Credit application incomplete3
Unverifiable information2

Gilmanton, 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 - $100,0001,084 6123
$100,000 - $300,0002,579 6120
$300,000 - $500,000187 6018
$500,000 - $1,000,0008 740
$1,000,000 - $1,500,0004 7525

Gilmanton, 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 - $100,0003,293 5922
$100,000 - $300,000532 6814
$300,000 - $500,00019 725
$500,000 - $1,000,0007 4214
$1,000,000 - $1,500,0005 600
$1,500,000 - $2,000,0004 1000
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Gilmanton, 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%16660 24
30 - 60%20265 19
60 - 100%25863 19
100 - 200%81663 17
200 - 300%1,16764 20
300 - 400%78659 20
> 400%46751 29

Gilmanton, 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 Dwelling3,739 6121
Not Owner-Occupied As A Principal Dwelling116 6816
Not Applicable3 1000

Home Owner Property Type Statistics in Gilmanton, 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)3,537 6121
One To Four-Family210 734
Manufactured Housing115 5332
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