Top Orwell, MN Mortgage Lenders

RankOrwell Mortgage LenderOrwell Home Loans ProcessedOrwell Home Loans ApprovedOrwell Home Loans DeniedOrwell Mortgage Median Loan to Income Ratio (LTR) for Approved LoansOrwell Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 190 68%15%
  • 180%
  • (126,000 Loan / $70,000 Income)
  • 176%
  • (76,000 Loan / $43,000 Income)
2Affinity Plus Federal Credit U 78 74%5%
  • 133%
  • (192,000 / $144,000)
  • 157%
  • (123,000 / $78,000)
3Gate City Bank 76 85%3%
  • 196%
  • (216,000 / $110,000)
  • 249%
  • (152,000 / $61,000)
4State Bank & Trust 65 66%16%
  • 114%
  • (64,000 / $56,000)
  • 250%
  • (178,000 / $71,000)
5American Federal Bank 60 78%16%
  • 155%
  • (140,000 / $90,000)
  • 236%
  • (109,000 / $46,000)
6Us Bank 57 80%14%
  • 206%
  • (66,000 / $32,000)
  • 235%
  • (94,000 / $40,000)
7Citimortgage 56 92%1%
  • 273%
  • (134,000 / $49,000)
  • 230%
  • (159,000 / $69,000)
8Jpmorgan Chase Bank 49 83%14%
  • 273%
  • (273,000 / $100,000)
  • 220%
  • (77,000 / $35,000)
9Bank Of The West 40 75%12%
  • 219%
  • (184,000 / $84,000)
  • 136%
  • (75,000 / $55,000)
10Midwest Bank 27 85%14%
  • 172%
  • (150,000 / $87,000)
  • 95%
  • (40,000 / $42,000)
11Mortgage Guaranty Insurance Co 23 91%0%
  • 205%
  • (76,000 / $37,000)
0
12Citibank 19 63%15%
  • 246%
  • (187,000 / $76,000)
  • 241%
  • (87,000 / $36,000)
13Us Bk Na Nd 16 31%56%
  • 131%
  • (83,000 / $63,000)
  • 218%
  • (48,000 / $22,000)
14Bank Of America 16 87%6%
  • 408%
  • (98,000 / $24,000)
  • 213%
  • (278,000 / $130,000)
15Embrace Home Loans, 15 20%40%
  • 284%
  • (145,000 / $51,000)
  • 416%
  • (125,000 / $30,000)
16Countrywide Bank Fsb 15 80%20%
  • 285%
  • (200,000 / $70,000)
  • 308%
  • (216,000 / $70,000)
17Quicken Loans 12 75%25%
  • 294%
  • (156,000 / $53,000)
  • 155%
  • (191,000 / $123,000)
18Wells Fargo Funding 8 100%0% 0 0
19Hfc Company Llc 8 12%62%
  • 35%
  • (49,000 / $139,000)
  • 148%
  • (111,000 / $75,000)
20Citifinancial Services Inc 8 62%25%
  • 328%
  • (125,000 / $38,000)
  • 1928%
  • (135,000 / $7,000)

Orwell, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,078
  2. Loan Applications Denied: 164
  3. % of Loan Applications Denied: 15
  4. # of Loan Originations: 762
  5. % of Loan Applications Originated 70

Orwell, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Debt-to-income ratio11
Collateral10
Credit history10
Credit application incomplete4
Unverifiable information3

Orwell, 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 - $100,000342 6718
$100,000 - $300,000689 7113
$300,000 - $500,00046 698
$500,000 - $1,000,0001 0100

Orwell, 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 - $100,000840 6716
$100,000 - $300,000224 809
$300,000 - $500,00012 748
$500,000 - $1,000,0002 1000

Loan to Income Ratios Research for Mortgage in Orwell, 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%3770 21
30 - 60%7075 11
60 - 100%8178 9
100 - 200%32771 14
200 - 300%33369 15
300 - 400%13969 15
> 400%9156 24

Orwell, 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 Dwelling1,010 6915
Not Owner-Occupied As A Principal Dwelling65 8310
Not Applicable1 1000

Home Owner Property Type Statistics in Orwell, 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)1,002 7015
One To Four-Family50 824
Manufactured Housing26 6126
More Orwell, MN Mortgage Research: