Top Renville, MN Mortgage Lenders

RankRenville Mortgage LenderRenville Home Loans ProcessedRenville Home Loans ApprovedRenville Home Loans DeniedRenville Mortgage Median Loan to Income Ratio (LTR) for Approved LoansRenville Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,241 60%18%
  • 181%
  • (258,000 Loan / $142,000 Income)
  • 156%
  • (91,000 Loan / $58,000 Income)
2Roundbank 325 85%6%
  • 117%
  • (82,000 / $70,000)
  • 239%
  • (235,000 / $98,000)
3Jpmorgan Chase Bank 306 81%14%
  • 242%
  • (182,000 / $75,000)
  • 217%
  • (159,000 / $73,000)
4Countrywide Bank Fsb 289 74%15%
  • 215%
  • (140,000 / $65,000)
  • 237%
  • (152,000 / $64,000)
5Agstar Financial Services 228 66%6%
  • 185%
  • (152,000 / $82,000)
  • 220%
  • (152,000 / $69,000)
6Genworth Mortgage Insurance Co 219 52%2%
  • 230%
  • (53,000 / $23,000)
  • 204%
  • (170,000 / $83,000)
7Beneficial Company Llc 210 5%76%
  • 212%
  • (102,000 / $48,000)
  • 217%
  • (150,000 / $69,000)
8Citimortgage 209 78%8%
  • 222%
  • (100,000 / $45,000)
  • 218%
  • (197,000 / $90,000)
9Friend Bank 204 88%6%
  • 102%
  • (106,000 / $103,000)
  • 173%
  • (99,000 / $57,000)
10Mortgage Guaranty Insurance Co 158 67%10%
  • 225%
  • (144,000 / $64,000)
  • 252%
  • (86,000 / $34,000)
11Countrywide Home Loans 150 82%14%
  • 221%
  • (73,000 / $33,000)
  • 171%
  • (120,000 / $70,000)
12Us Bank 149 75%13%
  • 188%
  • (252,000 / $134,000)
  • 218%
  • (155,000 / $71,000)
13Affinity Plus Federal Credit U 145 64%8%
  • 88%
  • (90,000 / $102,000)
  • 128%
  • (105,000 / $82,000)
14Bank Of America 142 76%17%
  • 257%
  • (103,000 / $40,000)
  • 250%
  • (120,000 / $48,000)
15Embrace Home Loans, 138 7%44%
  • 225%
  • (124,000 / $55,000)
  • 213%
  • (77,000 / $36,000)
16Citifinancial Services Inc 110 34%43%
  • 172%
  • (133,000 / $77,000)
  • 97%
  • (37,000 / $38,000)
17Wells Fargo Fin'l Minnesota 100 22%53%
  • 204%
  • (47,000 / $23,000)
  • 200%
  • (86,000 / $43,000)
18Us Bank North Dakota 100 30%41%
  • 100%
  • (75,000 / $75,000)
  • 167%
  • (72,000 / $43,000)
19Think Mutual Bank 95 78%7%
  • 140%
  • (114,000 / $81,000)
  • 211%
  • (108,000 / $51,000)
20Citibank 91 73%18%
  • 66%
  • (34,000 / $51,000)
  • 57%
  • (86,000 / $150,000)

Renville, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 8,485
  2. Loan Applications Denied: 1,665
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 5,244
  5. % of Loan Applications Originated 61

Renville, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral10
Credit history10
Debt-to-income ratio7
Credit application incomplete2
Unverifiable information1

Renville, 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 - $100,0003,733 6121
$100,000 - $300,0004,415 6018
$300,000 - $500,000310 6214
$500,000 - $1,000,00021 804
$1,000,000 - $1,500,0004 1000
$1,500,000 - $2,000,0001 1000
> $2,000,0001 0100

Renville, 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 - $100,0007,174 5920
$100,000 - $300,0001,198 6912
$300,000 - $500,00067 7313
$500,000 - $1,000,00035 6817
$1,000,000 - $1,500,0006 5033
$1,500,000 - $2,000,0004 750
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Renville, 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%44065 20
30 - 60%63862 22
60 - 100%82762 19
100 - 200%2,52565 15
200 - 300%2,20560 19
300 - 400%1,10059 19
> 400%75046 31

Renville, 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 Dwelling7,674 6119
Not Owner-Occupied As A Principal Dwelling753 6917
Not Applicable17 705

Home Owner Property Type Statistics in Renville, 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)7,539 6120
One To Four-Family671 684
Manufactured Housing275 5528
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