Top Middletown, MN Mortgage Lenders

RankMiddletown Mortgage LenderMiddletown Home Loans ProcessedMiddletown Home Loans ApprovedMiddletown Home Loans DeniedMiddletown Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMiddletown Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 84 54%22%
  • 166%
  • (165,000 Loan / $99,000 Income)
  • 114%
  • (105,000 Loan / $92,000 Income)
2Jpmorgan Chase Bank 58 72%18%
  • 153%
  • (40,000 / $26,000)
  • 132%
  • (70,000 / $53,000)
3Genworth Mortgage Insurance Co 53 54%5%
  • 168%
  • (27,000 / $16,000)
  • 176%
  • (46,000 / $26,000)
4Bank Of America 44 63%22%
  • 196%
  • (130,000 / $66,000)
  • 158%
  • (57,000 / $36,000)
5United Prairie Bank 34 73%8%
  • 54%
  • (17,000 / $31,000)
  • 21%
  • (11,000 / $52,000)
6Mortgage Guaranty Insurance Co 31 70%16%
  • 178%
  • (59,000 / $33,000)
  • 108%
  • (38,000 / $35,000)
7Iowa Bankers Mortgage Corporat 31 90%9%
  • 159%
  • (110,000 / $69,000)
  • 198%
  • (131,000 / $66,000)
8Agstar Financial Services 28 57%14%
  • 135%
  • (106,000 / $78,000)
  • 456%
  • (265,000 / $58,000)
9Merchants Bank 26 100%0%
  • 140%
  • (193,000 / $137,000)
0
10Northwest Bank 25 76%4%
  • 185%
  • (78,000 / $42,000)
  • 64%
  • (42,000 / $65,000)
11Citimortgage 21 80%4%
  • 173%
  • (80,000 / $46,000)
  • 148%
  • (55,000 / $37,000)
12Bank Of The West 20 70%25%
  • 92%
  • (204,000 / $220,000)
  • 156%
  • (94,000 / $60,000)
13United Guaranty Corporation 18 94%5%
  • 147%
  • (78,000 / $53,000)
  • 219%
  • (123,000 / $56,000)
14Embrace Home Loans, 18 11%38%
  • 372%
  • (149,000 / $40,000)
  • 212%
  • (68,000 / $32,000)
15Pmi Mortgage Insurance Co. 17 94%0%
  • 203%
  • (63,000 / $31,000)
0
16Countrywide Bank Fsb 16 56%25%
  • 120%
  • (84,000 / $70,000)
  • 160%
  • (40,000 / $25,000)
17Wells Fargo Fin'l Minnesota 15 26%60%
  • 229%
  • (85,000 / $37,000)
  • 195%
  • (92,000 / $47,000)
18Us Bank 14 78%7%
  • 134%
  • (66,000 / $49,000)
  • 95%
  • (45,000 / $47,000)
19Tradition Mortgage 11 90%9%
  • 112%
  • (65,000 / $58,000)
  • 158%
  • (100,000 / $63,000)
20First National Bank 10 100%0%
  • 20%
  • (15,000 / $75,000)
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Middletown, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 862
  2. Loan Applications Denied: 161
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 539
  5. % of Loan Applications Originated 62

Middletown, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history6
Collateral5
Debt-to-income ratio4
Credit application incomplete2
Unverifiable information1

Middletown, 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 - $100,000520 6320
$100,000 - $300,000334 6015
$300,000 - $500,0007 4214
$500,000 - $1,000,0001 1000

Middletown, 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 - $100,000757 6119
$100,000 - $300,000104 6612
$300,000 - $500,0001 1000

Loan to Income Ratios Research for Mortgage in Middletown, 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%4559 24
30 - 60%6865 17
60 - 100%9667 20
100 - 200%33463 17
200 - 300%20262 15
300 - 400%8559 18
> 400%3237 31

Middletown, 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 Dwelling804 6218
Not Owner-Occupied As A Principal Dwelling55 6323
Not Applicable1 00

Home Owner Property Type Statistics in Middletown, 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)722 6121
One To Four-Family139 696
Manufactured Housing1 00
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