Top Omro, MN Mortgage Lenders

RankOmro Mortgage LenderOmro Home Loans ProcessedOmro Home Loans ApprovedOmro Home Loans DeniedOmro Mortgage Median Loan to Income Ratio (LTR) for Approved LoansOmro Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 51 66%9%
  • 137%
  • (62,000 Loan / $45,000 Income)
  • 165%
  • (99,000 Loan / $60,000 Income)
2Kleinbank 19 89%5%
  • 71%
  • (37,000 / $52,000)
  • 120%
  • (60,000 / $50,000)
3C.U. Mortgage Services, 15 53%13%
  • 159%
  • (78,000 / $49,000)
  • 228%
  • (48,000 / $21,000)
4Jpmorgan Chase Bank 14 78%14%
  • 165%
  • (48,000 / $29,000)
  • 124%
  • (62,000 / $50,000)
5Bank Of The West 13 76%23%
  • 87%
  • (43,000 / $49,000)
  • 85%
  • (110,000 / $128,000)
6Embrace Home Loans, 12 16%66%
  • 206%
  • (62,000 / $30,000)
  • 192%
  • (96,000 / $50,000)
7Genworth Mortgage Insurance Co 11 81%0%
  • 182%
  • (62,000 / $34,000)
0
8Citimortgage 11 81%0%
  • 125%
  • (78,000 / $62,000)
0
9Us Bank 7 71%28%
  • 147%
  • (59,000 / $40,000)
  • 248%
  • (122,000 / $49,000)
10Bank Of America 7 85%0%
  • 164%
  • (79,000 / $48,000)
0
11Countrywide Bank Fsb 6 83%16%
  • 170%
  • (58,000 / $34,000)
  • 235%
  • (94,000 / $40,000)
12Us Bank North Dakota 5 60%40%
  • 180%
  • (81,000 / $45,000)
  • 186%
  • (175,000 / $94,000)
13Gmac Mortgage Llc 5 0%40% 0
  • 250%
  • (45,000 / $18,000)
14Us Bk Na Nd 4 50%50%
  • 141%
  • (158,000 / $112,000)
  • 286%
  • (103,000 / $36,000)
15United Prairie Bank 4 100%0%
  • 114%
  • (180,000 / $157,000)
0
16United Guaranty Corporation 4 100%0%
  • 172%
  • (95,000 / $55,000)
0
17Countrywide Home Loans 4 100%0% 0 0
18Ally Bank F/K/A/ Gmac Bank 4 0%50% 0
  • 309%
  • (192,000 / $62,000)
19Washington Mutual Bank 3 100%0%
  • 113%
  • (34,000 / $30,000)
0
20Suntrust Mortgage 3 33%33%
  • 176%
  • (111,000 / $63,000)
  • 119%
  • (56,000 / $47,000)

Omro, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 300
  2. Loan Applications Denied: 59
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 187
  5. % of Loan Applications Originated 62

Omro, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral15
Debt-to-income ratio5
Credit history4
Credit application incomplete2
Unverifiable information1

Omro, 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 - $100,000214 6517
$100,000 - $300,00080 5223
$300,000 - $500,0005 6040
$1,000,000 - $1,500,0001 1000

Omro, 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 - $100,000263 6119
$100,000 - $300,00033 6318
$300,000 - $500,0003 6633
$500,000 - $1,000,0001 1000

Loan to Income Ratios Research for Mortgage in Omro, 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%1861 16
30 - 60%2090 5
60 - 100%5554 21
100 - 200%12763 19
200 - 300%5253 21
300 - 400%1668 25
> 400%1258 25

Omro, 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 Dwelling293 6219
Not Owner-Occupied As A Principal Dwelling7 4242

Home Owner Property Type Statistics in Omro, 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)272 6120
One To Four-Family25 844
Manufactured Housing3 066
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