Top Isle, MN Mortgage Lenders

RankIsle Mortgage LenderIsle Home Loans ProcessedIsle Home Loans ApprovedIsle Home Loans DeniedIsle Mortgage Median Loan to Income Ratio (LTR) for Approved LoansIsle Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,681 64%16%
  • 197%
  • (170,000 Loan / $86,000 Income)
  • 197%
  • (160,000 Loan / $81,000 Income)
2Affinity Plus Federal Credit U 681 65%6%
  • 137%
  • (96,000 / $70,000)
  • 206%
  • (99,000 / $48,000)
3Jpmorgan Chase Bank 475 80%16%
  • 230%
  • (122,000 / $53,000)
  • 212%
  • (520,000 / $245,000)
4Us Bank 436 78%12%
  • 217%
  • (98,000 / $45,000)
  • 240%
  • (142,000 / $59,000)
5Citimortgage 397 73%11%
  • 246%
  • (283,000 / $115,000)
  • 341%
  • (116,000 / $34,000)
6Bank Of America 379 73%16%
  • 230%
  • (187,000 / $81,000)
  • 196%
  • (118,000 / $60,000)
7Countrywide Bank Fsb 335 72%17%
  • 202%
  • (95,000 / $47,000)
  • 284%
  • (188,000 / $66,000)
8Mortgage Guaranty Insurance Co 265 72%5%
  • 231%
  • (109,000 / $47,000)
  • 343%
  • (306,000 / $89,000)
9Phh Mortgage Corporation 220 86%2%
  • 221%
  • (142,000 / $64,000)
  • 212%
  • (151,000 / $71,000)
10Genworth Mortgage Insurance Co 199 63%2%
  • 252%
  • (101,000 / $40,000)
  • 217%
  • (100,000 / $46,000)
11Countrywide Home Loans 194 81%13%
  • 281%
  • (180,000 / $64,000)
  • 234%
  • (108,000 / $46,000)
12Wells Fargo Funding 188 97%1%
  • 161%
  • (253,000 / $157,000)
  • 158%
  • (62,000 / $39,000)
13Beneficial Company Llc 181 6%74%
  • 88%
  • (130,000 / $147,000)
  • 208%
  • (142,000 / $68,000)
14United Guaranty Corporation 177 79%3%
  • 250%
  • (158,000 / $63,000)
  • 189%
  • (104,000 / $55,000)
15Us Bank North Dakota 166 33%43%
  • 113%
  • (150,000 / $132,000)
  • 108%
  • (25,000 / $23,000)
16Embrace Home Loans, 153 5%46%
  • 173%
  • (97,000 / $56,000)
  • 296%
  • (77,000 / $26,000)
17Agstar Financial Services 146 64%10%
  • 196%
  • (100,000 / $51,000)
  • 198%
  • (175,000 / $88,000)
18Wells Fargo Fin'l Minnesota 143 13%61%
  • 233%
  • (268,000 / $115,000)
  • 186%
  • (142,000 / $76,000)
19Citifinancial Services Inc 135 29%42%
  • 241%
  • (99,000 / $41,000)
  • 163%
  • (59,000 / $36,000)
20Quicken Loans 131 68%27%
  • 203%
  • (110,000 / $54,000)
  • 234%
  • (195,000 / $83,000)

Isle, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 14,018
  2. Loan Applications Denied: 2,529
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 8,915
  5. % of Loan Applications Originated 63

Isle, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Credit history10
Debt-to-income ratio8
Credit application incomplete3
Unverifiable information1

Isle, 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 - $100,0004,939 6120
$100,000 - $300,0008,172 6415
$300,000 - $500,000840 5621
$500,000 - $1,000,00064 4437
$1,000,000 - $1,500,0002 1000
$1,500,000 - $2,000,0001 1000

Isle, 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 - $100,00011,171 6218
$100,000 - $300,0002,610 6714
$300,000 - $500,000145 6319
$500,000 - $1,000,00076 6521
$1,000,000 - $1,500,0005 8020
$1,500,000 - $2,000,0006 1000
> $2,000,0005 6020

Loan to Income Ratios Research for Mortgage in Isle, 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%56264 21
30 - 60%85462 21
60 - 100%1,27367 16
100 - 200%4,02866 15
200 - 300%3,68864 15
300 - 400%2,15962 18
> 400%1,45449 27

Isle, 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 Dwelling12,469 6218
Not Owner-Occupied As A Principal Dwelling1,462 7214
Not Applicable23 6021

Home Owner Property Type Statistics in Isle, 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)12,679 6318
One To Four-Family972 743
Manufactured Housing367 4734
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