Top North Hero, MN Mortgage Lenders

RankNorth Hero Mortgage LenderNorth Hero Home Loans ProcessedNorth Hero Home Loans ApprovedNorth Hero Home Loans DeniedNorth Hero Mortgage Median Loan to Income Ratio (LTR) for Approved LoansNorth Hero Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 52 53%23%
  • 156%
  • (83,000 Loan / $53,000 Income)
  • 106%
  • (53,000 Loan / $50,000 Income)
2Jpmorgan Chase Bank 30 86%13%
  • 180%
  • (38,000 / $21,000)
  • 307%
  • (80,000 / $26,000)
3Wells Federal Bank 17 47%41%
  • 190%
  • (40,000 / $21,000)
  • 133%
  • (20,000 / $15,000)
4Genworth Mortgage Insurance Co 17 41%0%
  • 209%
  • (23,000 / $11,000)
0
5Mortgage Guaranty Insurance Co 15 53%0%
  • 195%
  • (86,000 / $44,000)
0
6Minnwest Bank Mv 15 80%20%
  • 60%
  • (20,000 / $33,000)
  • 96%
  • (59,000 / $61,000)
7Integrity Bank Plus 15 80%13%
  • 33%
  • (8,000 / $24,000)
  • 150%
  • (12,000 / $8,000)
8Countrywide Bank Fsb 13 61%23%
  • 146%
  • (101,000 / $69,000)
  • 150%
  • (33,000 / $22,000)
9Us Bk Na Nd 11 45%45%
  • 90%
  • (40,000 / $44,000)
  • 136%
  • (49,000 / $36,000)
10Minnwest Mortgage Corporation 11 54%18%
  • 235%
  • (66,000 / $28,000)
  • 260%
  • (78,000 / $30,000)
11Citimortgage 11 90%0%
  • 250%
  • (60,000 / $24,000)
0
12Bremer Bank Na (Willmar) 11 81%0%
  • 188%
  • (47,000 / $25,000)
0
13Wells Fargo Fin'l Minnesota 10 20%40%
  • 183%
  • (55,000 / $30,000)
  • 211%
  • (89,000 / $42,000)
14Us Bank 9 44%33%
  • 216%
  • (52,000 / $24,000)
  • 229%
  • (78,000 / $34,000)
15United Guaranty Corporation 9 66%11%
  • 250%
  • (60,000 / $24,000)
  • 178%
  • (93,000 / $52,000)
16Beneficial Company Llc 9 0%77% 0
  • 129%
  • (66,000 / $51,000)
17Bank Of The West 9 66%22%
  • 154%
  • (85,000 / $55,000)
  • 225%
  • (70,000 / $31,000)
18Us Bank North Dakota 7 28%42%
  • 288%
  • (127,000 / $44,000)
  • 117%
  • (94,000 / $80,000)
19Hometown Bank 6 66%16%
  • 170%
  • (92,000 / $54,000)
  • 462%
  • (250,000 / $54,000)
20Gmac Mortgage Llc 6 0%33% 0
  • 371%
  • (78,000 / $21,000)

North Hero, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 438
  2. Loan Applications Denied: 96
  3. % of Loan Applications Denied: 21
  4. # of Loan Originations: 246
  5. % of Loan Applications Originated 56

North Hero, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history13
Collateral9
Debt-to-income ratio3
Unverifiable information1
Insufficient cash (downpayment, closing costs)1

North Hero, 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 - $100,000337 5223
$100,000 - $300,00098 6617
$300,000 - $500,0003 660

North Hero, 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 - $100,000400 5622
$100,000 - $300,00038 4921

Loan to Income Ratios Research for Mortgage in North Hero, 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%2748 25
30 - 60%4339 23
60 - 100%6145 27
100 - 200%16355 22
200 - 300%9566 15
300 - 400%3767 21
> 400%1266 25

North Hero, 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 Dwelling419 5622
Not Owner-Occupied As A Principal Dwelling17 5811

Home Owner Property Type Statistics in North Hero, 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)386 5624
One To Four-Family47 554
Manufactured Housing5 2020
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