Top Malung, MN Mortgage Lenders

RankMalung Mortgage LenderMalung Home Loans ProcessedMalung Home Loans ApprovedMalung Home Loans DeniedMalung Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMalung Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 117 52%27%
  • 175%
  • (93,000 Loan / $53,000 Income)
  • 147%
  • (118,000 Loan / $80,000 Income)
2Us Bank 93 70%23%
  • 179%
  • (86,000 / $48,000)
  • 225%
  • (90,000 / $40,000)
3Mortgage Guaranty Insurance Co 92 82%3%
  • 172%
  • (150,000 / $87,000)
  • 210%
  • (122,000 / $58,000)
4Genworth Mortgage Insurance Co 75 38%2%
  • 201%
  • (179,000 / $89,000)
  • 295%
  • (71,000 / $24,000)
5Merchants Bank 72 94%5%
  • 159%
  • (190,000 / $119,000)
  • 251%
  • (88,000 / $35,000)
6Jpmorgan Chase Bank 57 77%19%
  • 177%
  • (48,000 / $27,000)
  • 139%
  • (96,000 / $69,000)
7Embrace Home Loans, 49 22%32%
  • 240%
  • (77,000 / $32,000)
  • 215%
  • (112,000 / $52,000)
8Bank Of America 44 70%18%
  • 180%
  • (128,000 / $71,000)
  • 160%
  • (37,000 / $23,000)
9Countrywide Bank Fsb 34 58%26%
  • 104%
  • (45,000 / $43,000)
  • 265%
  • (117,000 / $44,000)
10Valley Mortgage Inc 26 80%7%
  • 176%
  • (92,000 / $52,000)
  • 144%
  • (98,000 / $68,000)
11Citimortgage 26 61%7%
  • 148%
  • (46,000 / $31,000)
  • 297%
  • (247,000 / $83,000)
12Quicken Loans 21 71%28%
  • 219%
  • (149,000 / $68,000)
  • 226%
  • (43,000 / $19,000)
13Affinity Plus Federal Credit U 20 55%5%
  • 72%
  • (47,000 / $65,000)
  • 133%
  • (64,000 / $48,000)
14Beneficial Company Llc 18 0%88% 0
  • 166%
  • (280,000 / $168,000)
15Us Bank North Dakota 15 33%26%
  • 246%
  • (180,000 / $73,000)
  • 198%
  • (109,000 / $55,000)
16Wells Fargo Fin'l Minnesota 14 21%42%
  • 90%
  • (107,000 / $118,000)
  • 145%
  • (35,000 / $24,000)
17United Guaranty Corporation 14 71%7%
  • 194%
  • (134,000 / $69,000)
  • 274%
  • (151,000 / $55,000)
18Countrywide Home Loans 14 71%21%
  • 220%
  • (119,000 / $54,000)
  • 232%
  • (93,000 / $40,000)
19Wells Fargo Funding 13 100%0% 0 0
20Gmac Mortgage Llc 13 0%38% 0
  • 187%
  • (135,000 / $72,000)

Malung, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,206
  2. Loan Applications Denied: 270
  3. % of Loan Applications Denied: 22
  4. # of Loan Originations: 674
  5. % of Loan Applications Originated 55

Malung, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral8
Credit history6
Debt-to-income ratio3
Credit application incomplete2
Unverifiable information0

Malung, 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 - $100,000605 5423
$100,000 - $300,000598 5621
$300,000 - $500,0003 660

Malung, 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 - $100,0001,082 5423
$100,000 - $300,000119 6612
$300,000 - $500,0002 1000
$500,000 - $1,000,0003 3366

Loan to Income Ratios Research for Mortgage in Malung, 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%3049 23
30 - 60%5951 32
60 - 100%12058 21
100 - 200%46859 19
200 - 300%35054 21
300 - 400%12953 21
> 400%5034 46

Malung, 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 Dwelling1,167 5622
Not Owner-Occupied As A Principal Dwelling33 5130
Not Applicable1 1000

Home Owner Property Type Statistics in Malung, 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)912 5325
One To Four-Family209 653
Manufactured Housing85 5430
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