Top Henderson, MN Mortgage Lenders

RankHenderson Mortgage LenderHenderson Home Loans ProcessedHenderson Home Loans ApprovedHenderson Home Loans DeniedHenderson Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHenderson Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,721 63%18%
  • 202%
  • (150,000 Loan / $74,000 Income)
  • 173%
  • (417,000 Loan / $240,000 Income)
2Countrywide Bank Fsb 382 70%18%
  • 229%
  • (149,000 / $65,000)
  • 283%
  • (218,000 / $77,000)
3Jpmorgan Chase Bank 344 77%21%
  • 238%
  • (100,000 / $42,000)
  • 242%
  • (109,000 / $45,000)
4Citimortgage 324 75%8%
  • 233%
  • (208,000 / $89,000)
  • 248%
  • (124,000 / $50,000)
5Us Bank 282 76%13%
  • 240%
  • (108,000 / $45,000)
  • 300%
  • (69,000 / $23,000)
6Affinity Plus Federal Credit U 277 64%5%
  • 92%
  • (25,000 / $27,000)
  • 214%
  • (120,000 / $56,000)
7Beneficial Company Llc 247 5%77%
  • 165%
  • (199,000 / $120,000)
  • 235%
  • (125,000 / $53,000)
8Countrywide Home Loans 229 76%17%
  • 220%
  • (119,000 / $54,000)
  • 241%
  • (70,000 / $29,000)
9Mortgage Guaranty Insurance Co 211 73%7%
  • 253%
  • (104,000 / $41,000)
  • 291%
  • (262,000 / $90,000)
10Genworth Mortgage Insurance Co 209 61%6%
  • 274%
  • (74,000 / $27,000)
  • 225%
  • (79,000 / $35,000)
11Bank Of America 172 66%18%
  • 260%
  • (78,000 / $30,000)
  • 216%
  • (147,000 / $68,000)
12Agstar Financial Services 157 68%9%
  • 240%
  • (183,000 / $76,000)
  • 367%
  • (213,000 / $58,000)
13Wells Fargo Fin'l Minnesota 155 18%45%
  • 245%
  • (108,000 / $44,000)
  • 215%
  • (140,000 / $65,000)
14United Guaranty Corporation 138 78%5%
  • 255%
  • (276,000 / $108,000)
  • 343%
  • (151,000 / $44,000)
15Members Cooperative Credit Uni 129 86%6%
  • 82%
  • (23,000 / $28,000)
  • 175%
  • (100,000 / $57,000)
16Phh Mortgage Corporation 124 84%1%
  • 247%
  • (99,000 / $40,000)
  • 270%
  • (130,000 / $48,000)
17Us Bank North Dakota 122 33%42%
  • 98%
  • (95,000 / $96,000)
  • 227%
  • (134,000 / $59,000)
18Citibank 111 76%18%
  • 85%
  • (29,000 / $34,000)
  • 69%
  • (25,000 / $36,000)
19Embrace Home Loans, 108 13%47%
  • 179%
  • (104,000 / $58,000)
  • 268%
  • (110,000 / $41,000)
20Citifinancial Services Inc 103 33%42%
  • 202%
  • (342,000 / $169,000)
  • 177%
  • (85,000 / $48,000)

Henderson, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 10,139
  2. Loan Applications Denied: 2,059
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 6,245
  5. % of Loan Applications Originated 61

Henderson, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history9
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Henderson, 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 - $100,0003,602 6220
$100,000 - $300,0006,052 6019
$300,000 - $500,000452 5723
$500,000 - $1,000,00031 3245
$1,000,000 - $1,500,0001 1000
> $2,000,0001 0100

Henderson, 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 - $100,0008,610 5921
$100,000 - $300,0001,436 6713
$300,000 - $500,00059 7415
$500,000 - $1,000,00025 6412
$1,000,000 - $1,500,0006 660
> $2,000,0003 0100

Loan to Income Ratios Research for Mortgage in Henderson, 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%40960 24
30 - 60%59564 20
60 - 100%78061 19
100 - 200%2,62166 16
200 - 300%2,91061 19
300 - 400%1,68260 20
> 400%1,14247 31

Henderson, 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 Dwelling9,404 6020
Not Owner-Occupied As A Principal Dwelling643 7114
Not Applicable19 4221

Home Owner Property Type Statistics in Henderson, 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)8,955 6021
One To Four-Family870 724
Manufactured Housing314 5527
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