Top Norwood Young America, MN Mortgage Lenders

RankNorwood Young America Mortgage LenderNorwood Young America Home Loans ProcessedNorwood Young America Home Loans ApprovedNorwood Young America Home Loans DeniedNorwood Young America Mortgage Median Loan to Income Ratio (LTR) for Approved LoansNorwood Young America Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 260 70%13%
  • 191%
  • (268,000 Loan / $140,000 Income)
  • 259%
  • (140,000 Loan / $54,000 Income)
2Kleinbank 200 75%12%
  • 172%
  • (133,000 / $77,000)
  • 273%
  • (115,000 / $42,000)
3Jpmorgan Chase Bank 85 88%11%
  • 273%
  • (241,000 / $88,000)
  • 270%
  • (146,000 / $54,000)
4Us Bank 75 74%14%
  • 193%
  • (112,000 / $58,000)
  • 309%
  • (650,000 / $210,000)
5Bank Of America 75 69%13%
  • 232%
  • (170,000 / $73,000)
  • 314%
  • (129,000 / $41,000)
6Citizens State Bank Norwood Yo 56 60%17%
  • 247%
  • (119,000 / $48,000)
  • 302%
  • (112,000 / $37,000)
7Countrywide Bank Fsb 50 64%22%
  • 196%
  • (126,000 / $64,000)
  • 330%
  • (225,000 / $68,000)
8Wells Fargo Funding 49 97%2%
  • 134%
  • (137,000 / $102,000)
  • 331%
  • (348,000 / $105,000)
9First Suburban National Bank 42 21%28%
  • 268%
  • (102,000 / $38,000)
  • 277%
  • (161,000 / $58,000)
10Countrywide Home Loans 40 70%22%
  • 217%
  • (76,000 / $35,000)
  • 126%
  • (92,000 / $73,000)
11Citimortgage 38 76%10%
  • 196%
  • (155,000 / $79,000)
  • 263%
  • (203,000 / $77,000)
12Mortgage Guaranty Insurance Co 31 74%6%
  • 330%
  • (208,000 / $63,000)
  • 187%
  • (92,000 / $49,000)
13The Business Bank 30 90%10%
  • 260%
  • (130,000 / $50,000)
  • 478%
  • (153,000 / $32,000)
14Citibank 30 73%3%
  • 124%
  • (111,000 / $89,000)
  • 202%
  • (89,000 / $44,000)
15Hfc Company Llc 28 7%82%
  • 288%
  • (199,000 / $69,000)
  • 300%
  • (225,000 / $75,000)
16Beneficial Company Llc 25 4%80%
  • 384%
  • (219,000 / $57,000)
  • 256%
  • (210,000 / $82,000)
17Tcf National Bank 19 26%52%
  • 236%
  • (263,000 / $111,000)
  • 259%
  • (200,000 / $77,000)
18Us Bank North Dakota 17 29%41%
  • 317%
  • (324,000 / $102,000)
  • 241%
  • (394,000 / $163,000)
19United Guaranty Corporation 17 52%11%
  • 263%
  • (153,000 / $58,000)
  • 158%
  • (119,000 / $75,000)
20Bell America Mortgage Llc Dba 17 64%0%
  • 257%
  • (157,000 / $61,000)
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Norwood Young America, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,846
  2. Loan Applications Denied: 349
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 1,149
  5. % of Loan Applications Originated 62

Norwood Young America, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral17
Credit history8
Debt-to-income ratio5
Credit application incomplete5
Unverifiable information1

Norwood Young America, 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 - $100,000460 6418
$100,000 - $300,0001,294 6218
$300,000 - $500,00080 4122
$500,000 - $1,000,00012 3341

Norwood Young America, 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 - $100,0001,514 6219
$100,000 - $300,000325 6118
$300,000 - $500,0006 5016
$500,000 - $1,000,0001 1000

Loan to Income Ratios Research for Mortgage in Norwood Young America, 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%6369 15
30 - 60%8561 15
60 - 100%12765 16
100 - 200%43167 15
200 - 300%55262 18
300 - 400%34155 26
> 400%24754 19

Norwood Young America, 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 Dwelling1,766 6219
Not Owner-Occupied As A Principal Dwelling76 6411

Home Owner Property Type Statistics in Norwood Young America, 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)1,735 6219
One To Four-Family93 706
Manufactured Housing18 2266
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