Top Milo, MN Mortgage Lenders

RankMilo Mortgage LenderMilo Home Loans ProcessedMilo Home Loans ApprovedMilo Home Loans DeniedMilo Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMilo Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 344 59%22%
  • 217%
  • (74,000 Loan / $34,000 Income)
  • 216%
  • (130,000 Loan / $60,000 Income)
2Jpmorgan Chase Bank 182 82%14%
  • 248%
  • (72,000 / $29,000)
  • 288%
  • (144,000 / $50,000)
3Citimortgage 152 82%3%
  • 239%
  • (220,000 / $92,000)
  • 217%
  • (135,000 / $62,000)
4Countrywide Bank Fsb 141 65%18%
  • 295%
  • (127,000 / $43,000)
  • 279%
  • (173,000 / $62,000)
5Beneficial Company Llc 134 6%76%
  • 196%
  • (126,000 / $64,000)
  • 316%
  • (190,000 / $60,000)
6Us Bank 129 80%12%
  • 251%
  • (234,000 / $93,000)
  • 260%
  • (253,000 / $97,000)
7Bremer Bank Na (Twin Cities) 127 81%8%
  • 132%
  • (65,000 / $49,000)
  • 106%
  • (63,000 / $59,000)
8First National Bank Of Milaca 122 89%8%
  • 110%
  • (44,000 / $40,000)
  • 136%
  • (60,000 / $44,000)
9Citibank 110 69%18%
  • 138%
  • (97,000 / $70,000)
  • 52%
  • (46,000 / $87,000)
10Countrywide Home Loans 102 65%24%
  • 271%
  • (103,000 / $38,000)
  • 240%
  • (180,000 / $75,000)
11Affinity Plus Federal Credit U 61 54%14%
  • 135%
  • (190,000 / $140,000)
  • 253%
  • (198,000 / $78,000)
12Us Bank North Dakota 55 21%41%
  • 111%
  • (150,000 / $135,000)
  • 171%
  • (96,000 / $56,000)
13Mortgage Guaranty Insurance Co 52 65%13%
  • 341%
  • (133,000 / $39,000)
  • 296%
  • (243,000 / $82,000)
14Bank Of America 46 60%19%
  • 287%
  • (164,000 / $57,000)
  • 359%
  • (194,000 / $54,000)
15C.U. Mortgage Services, 45 75%11%
  • 196%
  • (100,000 / $51,000)
  • 343%
  • (103,000 / $30,000)
16Agstar Financial Services 45 48%8%
  • 263%
  • (242,000 / $92,000)
  • 567%
  • (295,000 / $52,000)
17United Guaranty Corporation 42 80%0%
  • 275%
  • (154,000 / $56,000)
0
18Republic Mortgage Insurance Co 34 67%2%
  • 341%
  • (403,000 / $118,000)
  • 250%
  • (135,000 / $54,000)
19Genworth Mortgage Insurance Co 33 75%0%
  • 330%
  • (165,000 / $50,000)
0
20F & M Community Bank 32 62%9%
  • 76%
  • (38,000 / $50,000)
  • 180%
  • (56,000 / $31,000)

Milo, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,522
  2. Loan Applications Denied: 815
  3. % of Loan Applications Denied: 23
  4. # of Loan Originations: 2,053
  5. % of Loan Applications Originated 58

Milo, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Credit history11
Debt-to-income ratio9
Credit application incomplete3
Unverifiable information1

Milo, 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 - $100,0001,083 6221
$100,000 - $300,0002,329 5623
$300,000 - $500,000109 4429
> $2,000,0001 1000

Milo, 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 - $100,0003,058 5723
$100,000 - $300,000449 5720
$300,000 - $500,00011 5418
$500,000 - $1,000,0004 7525

Loan to Income Ratios Research for Mortgage in Milo, 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%12653 31
30 - 60%19758 25
60 - 100%25560 20
100 - 200%77360 19
200 - 300%97160 19
300 - 400%70358 22
> 400%49746 34

Milo, 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 Dwelling3,308 5822
Not Owner-Occupied As A Principal Dwelling200 4926
Not Applicable5 4020

Home Owner Property Type Statistics in Milo, 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)3,152 5724
One To Four-Family210 694
Manufactured Housing160 5129
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