Top Horton, MN Mortgage Lenders

RankHorton Mortgage LenderHorton Home Loans ProcessedHorton Home Loans ApprovedHorton Home Loans DeniedHorton Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHorton Mortgage Median LTR for Denied Loans
1Riverwood Bank 202 74%7%
  • 152%
  • (110,000 Loan / $72,000 Income)
  • 103%
  • (30,000 Loan / $29,000 Income)
2Wells Fargo Bank 82 76%3%
  • 178%
  • (59,000 / $33,000)
  • 104%
  • (25,000 / $24,000)
3Bank Of The West 58 84%12%
  • 115%
  • (88,000 / $76,000)
  • 160%
  • (160,000 / $100,000)
4Jpmorgan Chase Bank 54 90%7%
  • 149%
  • (109,000 / $73,000)
  • 159%
  • (59,000 / $37,000)
5Citimortgage 35 85%2%
  • 183%
  • (134,000 / $73,000)
  • 466%
  • (140,000 / $30,000)
6Mortgage Guaranty Insurance Co 34 64%17%
  • 194%
  • (152,000 / $78,000)
  • 236%
  • (130,000 / $55,000)
7Countrywide Bank Fsb 24 83%8%
  • 179%
  • (151,000 / $84,000)
  • 675%
  • (270,000 / $40,000)
8Affinity Plus Federal Credit U 19 84%5%
  • 83%
  • (54,000 / $65,000)
  • 220%
  • (75,000 / $34,000)
9Us Bank 18 94%5%
  • 194%
  • (140,000 / $72,000)
  • 180%
  • (157,000 / $87,000)
10Citibank 15 46%20%
  • 166%
  • (110,000 / $66,000)
  • 32%
  • (33,000 / $103,000)
11Genworth Mortgage Insurance Co 14 85%7%
  • 183%
  • (68,000 / $37,000)
  • 329%
  • (135,000 / $41,000)
12United Guaranty Corporation 13 69%7%
  • 220%
  • (143,000 / $65,000)
  • 217%
  • (187,000 / $86,000)
13Countrywide Home Loans 13 84%7%
  • 200%
  • (122,000 / $61,000)
  • 302%
  • (133,000 / $44,000)
14Embrace Home Loans, 11 0%18% 0
  • 467%
  • (173,000 / $37,000)
15Bank Of America 10 50%10%
  • 175%
  • (100,000 / $57,000)
  • 87%
  • (77,000 / $88,000)
16Metlife Bank 9 88%11%
  • 222%
  • (109,000 / $49,000)
  • 193%
  • (93,000 / $48,000)
17Beneficial Company Llc 9 33%66%
  • 145%
  • (67,000 / $46,000)
  • 155%
  • (90,000 / $58,000)
18First Hawaiian Bank 8 100%0%
  • 143%
  • (33,000 / $23,000)
0
19Radian Guaranty 7 71%0%
  • 177%
  • (140,000 / $79,000)
0
20Us Bk Na Nd 6 33%66%
  • 152%
  • (70,000 / $46,000)
  • 256%
  • (41,000 / $16,000)

Horton, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 800
  2. Loan Applications Denied: 101
  3. % of Loan Applications Denied: 12
  4. # of Loan Originations: 561
  5. % of Loan Applications Originated 70

Horton, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral7
Credit history6
Debt-to-income ratio5
Credit application incomplete3
Unverifiable information2

Horton, 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 - $100,000446 7014
$100,000 - $300,000341 7010
$300,000 - $500,00011 4527
$500,000 - $1,000,0002 00

Horton, 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 - $100,000691 6813
$100,000 - $300,000104 775
$300,000 - $500,0002 500
$500,000 - $1,000,0002 050
$1,000,000 - $1,500,0001 1000

Loan to Income Ratios Research for Mortgage in Horton, 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%4174 12
30 - 60%5568 12
60 - 100%8283 10
100 - 200%33869 10
200 - 300%17771 12
300 - 400%6954 13
> 400%3854 34

Horton, 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 Dwelling753 6912
Not Owner-Occupied As A Principal Dwelling38 7615
Not Applicable2 500

Home Owner Property Type Statistics in Horton, 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)721 7012
One To Four-Family71 6911
Manufactured Housing8 5037
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