Top Miltona, MN Mortgage Lenders

RankMiltona Mortgage LenderMiltona Home Loans ProcessedMiltona Home Loans ApprovedMiltona Home Loans DeniedMiltona Mortgage Median Loan to Income Ratio (LTR) for Approved LoansMiltona Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 163 75%11%
  • 203%
  • (106,000 Loan / $52,000 Income)
  • 250%
  • (256,000 Loan / $102,000 Income)
2Jpmorgan Chase Bank 69 86%8%
  • 169%
  • (254,000 / $150,000)
  • 119%
  • (115,000 / $96,000)
3Citimortgage 44 90%4%
  • 227%
  • (150,000 / $66,000)
  • 557%
  • (117,000 / $21,000)
4Countrywide Bank Fsb 43 60%34%
  • 238%
  • (62,000 / $26,000)
  • 285%
  • (57,000 / $20,000)
5Countrywide Home Loans 29 75%13%
  • 220%
  • (264,000 / $120,000)
  • 291%
  • (280,000 / $96,000)
6Us Bank 28 85%10%
  • 260%
  • (190,000 / $73,000)
  • 235%
  • (210,000 / $89,000)
7Bank Of America 25 72%20%
  • 276%
  • (69,000 / $25,000)
  • 397%
  • (163,000 / $41,000)
8Beneficial Company Llc 21 9%71%
  • 412%
  • (206,000 / $50,000)
  • 352%
  • (176,000 / $50,000)
9Citibank 19 63%26%
  • 215%
  • (56,000 / $26,000)
  • 228%
  • (57,000 / $25,000)
10Gate City Bank 15 80%6%
  • 189%
  • (195,000 / $103,000)
  • 375%
  • (90,000 / $24,000)
11State Bank & Trust 12 75%8%
  • 104%
  • (93,000 / $89,000)
  • 157%
  • (77,000 / $49,000)
12Blackridge Bank 12 58%33%
  • 75%
  • (40,000 / $53,000)
  • 400%
  • (160,000 / $40,000)
13Washington Mutual Bank 10 70%20%
  • 357%
  • (150,000 / $42,000)
  • 329%
  • (270,000 / $82,000)
14Genworth Mortgage Insurance Co 10 50%0%
  • 336%
  • (185,000 / $55,000)
0
15Taylor, Bean & Whitaker 9 100%0%
  • 259%
  • (140,000 / $54,000)
0
16Mortgage Guaranty Insurance Co 9 77%11%
  • 218%
  • (142,000 / $65,000)
  • 263%
  • (174,000 / $66,000)
17Merchants Bank 9 77%22%
  • 261%
  • (115,000 / $44,000)
  • 270%
  • (260,000 / $96,000)
18Citifinancial Services Inc 9 44%22%
  • 366%
  • (231,000 / $63,000)
  • 404%
  • (170,000 / $42,000)
19Us Bank North Dakota 8 25%50%
  • 227%
  • (216,000 / $95,000)
  • 182%
  • (190,000 / $104,000)
20Pmi Mortgage Insurance Co. 8 62%12%
  • 125%
  • (170,000 / $135,000)
  • 251%
  • (166,000 / $66,000)

Miltona, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 860
  2. Loan Applications Denied: 156
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 596
  5. % of Loan Applications Originated 69

Miltona, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Debt-to-income ratio10
Credit history8
Unverifiable information3
Credit application incomplete2

Miltona, 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 - $100,000179 6022
$100,000 - $300,000584 7216
$300,000 - $500,00093 6417
$500,000 - $1,000,0003 1000
$1,000,000 - $1,500,0001 0100

Miltona, 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 - $100,000573 6222
$100,000 - $300,000254 808
$300,000 - $500,00027 7718
$500,000 - $1,000,0006 8216

Loan to Income Ratios Research for Mortgage in Miltona, 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%2751 29
30 - 60%3363 18
60 - 100%7480 9
100 - 200%24878 12
200 - 300%22270 18
300 - 400%14262 23
> 400%11451 25

Miltona, 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 Dwelling615 6222
Not Owner-Occupied As A Principal Dwelling233 876
Not Applicable2 1000

Home Owner Property Type Statistics in Miltona, 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)797 6918
One To Four-Family46 716
Manufactured Housing17 4741
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