Top Glenwood, MN Mortgage Lenders

RankGlenwood Mortgage LenderGlenwood Home Loans ProcessedGlenwood Home Loans ApprovedGlenwood Home Loans DeniedGlenwood Mortgage Median Loan to Income Ratio (LTR) for Approved LoansGlenwood Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 5,069 64%16%
  • 195%
  • (215,000 Loan / $110,000 Income)
  • 182%
  • (139,000 Loan / $76,000 Income)
2Affinity Plus Federal Credit U 1,085 66%5%
  • 134%
  • (85,000 / $63,000)
  • 211%
  • (165,000 / $78,000)
3Jpmorgan Chase Bank 955 80%16%
  • 232%
  • (142,000 / $61,000)
  • 239%
  • (115,000 / $48,000)
4Us Bank 861 77%13%
  • 216%
  • (156,000 / $72,000)
  • 242%
  • (136,000 / $56,000)
5Citimortgage 767 73%10%
  • 237%
  • (38,000 / $16,000)
  • 319%
  • (131,000 / $41,000)
6Bank Of America 716 73%15%
  • 220%
  • (108,000 / $49,000)
  • 196%
  • (118,000 / $60,000)
7Countrywide Bank Fsb 672 71%17%
  • 218%
  • (120,000 / $55,000)
  • 282%
  • (164,000 / $58,000)
8Mortgage Guaranty Insurance Co 497 72%6%
  • 233%
  • (152,000 / $65,000)
  • 296%
  • (243,000 / $82,000)
9Phh Mortgage Corporation 495 87%2%
  • 229%
  • (200,000 / $87,000)
  • 212%
  • (276,000 / $130,000)
10Genworth Mortgage Insurance Co 420 62%5%
  • 255%
  • (225,000 / $88,000)
  • 217%
  • (100,000 / $46,000)
11Beneficial Company Llc 410 6%75%
  • 126%
  • (87,000 / $69,000)
  • 227%
  • (82,000 / $36,000)
12Countrywide Home Loans 398 78%15%
  • 241%
  • (99,000 / $41,000)
  • 233%
  • (124,000 / $53,000)
13United Guaranty Corporation 339 79%5%
  • 240%
  • (53,000 / $22,000)
  • 263%
  • (153,000 / $58,000)
14Agstar Financial Services 332 61%9%
  • 215%
  • (213,000 / $99,000)
  • 262%
  • (152,000 / $58,000)
15Wells Fargo Funding 328 97%1%
  • 161%
  • (253,000 / $157,000)
  • 213%
  • (252,000 / $118,000)
16Embrace Home Loans, 322 8%45%
  • 185%
  • (176,000 / $95,000)
  • 292%
  • (79,000 / $27,000)
17Us Bank North Dakota 311 35%43%
  • 117%
  • (53,000 / $45,000)
  • 171%
  • (168,000 / $98,000)
18Members Cooperative Credit Uni 297 73%15%
  • 80%
  • (40,000 / $50,000)
  • 288%
  • (170,000 / $59,000)
19Wells Fargo Fin'l Minnesota 283 15%55%
  • 238%
  • (112,000 / $47,000)
  • 192%
  • (154,000 / $80,000)
20North Shore Bank Of Commerce 279 81%12%
  • 231%
  • (160,000 / $69,000)
  • 226%
  • (177,000 / $78,000)

Glenwood, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 26,671
  2. Loan Applications Denied: 4,980
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 16,821
  5. % of Loan Applications Originated 63

Glenwood, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Credit history10
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Glenwood, 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 - $100,0009,662 6220
$100,000 - $300,00015,593 6317
$300,000 - $500,0001,325 5621
$500,000 - $1,000,00086 4437
$1,000,000 - $1,500,0003 1000
$1,500,000 - $2,000,0001 1000
> $2,000,0001 0100

Glenwood, 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 - $100,00021,836 6119
$100,000 - $300,0004,461 6813
$300,000 - $500,000228 6317
$500,000 - $1,000,000119 6718
$1,000,000 - $1,500,00012 758
$1,500,000 - $2,000,0006 1000
> $2,000,0009 4444

Loan to Income Ratios Research for Mortgage in Glenwood, 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%1,06063 22
30 - 60%1,56763 20
60 - 100%2,25364 17
100 - 200%7,61666 15
200 - 300%7,28963 17
300 - 400%4,14562 18
> 400%2,74149 28

Glenwood, 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 Dwelling24,086 6219
Not Owner-Occupied As A Principal Dwelling2,409 7214
Not Applicable40 5517

Home Owner Property Type Statistics in Glenwood, 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)24,009 6219
One To Four-Family1,919 734
Manufactured Housing743 4932
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