Top Stillwater, MN Mortgage Lenders

RankStillwater Mortgage LenderStillwater Home Loans ProcessedStillwater Home Loans ApprovedStillwater Home Loans DeniedStillwater Mortgage Median Loan to Income Ratio (LTR) for Approved LoansStillwater Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,652 66%12%
  • 205%
  • (222,000 Loan / $108,000 Income)
  • 231%
  • (363,000 Loan / $157,000 Income)
2Us Bank 666 78%10%
  • 225%
  • (255,000 / $113,000)
  • 252%
  • (240,000 / $95,000)
3Jpmorgan Chase Bank 625 88%10%
  • 246%
  • (217,000 / $88,000)
  • 203%
  • (264,000 / $130,000)
4Citimortgage 349 83%5%
  • 231%
  • (141,000 / $61,000)
  • 266%
  • (288,000 / $108,000)
5Bank Of America 314 80%11%
  • 243%
  • (411,000 / $169,000)
  • 230%
  • (328,000 / $142,000)
6Central Bank 303 45%10%
  • 214%
  • (75,000 / $35,000)
  • 312%
  • (225,000 / $72,000)
7Tcf National Bank 256 23%37%
  • 227%
  • (150,000 / $66,000)
  • 342%
  • (250,000 / $73,000)
8The Business Bank 234 85%11%
  • 263%
  • (227,000 / $86,000)
  • 300%
  • (240,000 / $80,000)
9Wells Fargo Funding 231 96%2%
  • 270%
  • (249,000 / $92,000)
  • 298%
  • (170,000 / $57,000)
10Countrywide Bank Fsb 223 81%7%
  • 262%
  • (215,000 / $82,000)
  • 236%
  • (201,000 / $85,000)
11Universal American Mtg. Co.Llc 204 88%7%
  • 287%
  • (331,000 / $115,000)
  • 281%
  • (371,000 / $132,000)
12Citibank 187 66%19%
  • 146%
  • (44,000 / $30,000)
  • 105%
  • (75,000 / $71,000)
13Us Bk Na Nd 186 52%33%
  • 102%
  • (78,000 / $76,000)
  • 186%
  • (110,000 / $59,000)
14Affinity Plus Federal Credit U 186 70%2%
  • 145%
  • (200,000 / $137,000)
  • 224%
  • (240,000 / $107,000)
15Phh Home Loans 178 82%1%
  • 260%
  • (234,000 / $90,000)
  • 413%
  • (153,000 / $37,000)
16Lake Elmo Bank 174 69%16%
  • 147%
  • (100,000 / $68,000)
  • 267%
  • (142,000 / $53,000)
17First State Bank And Trust 173 57%20%
  • 170%
  • (135,000 / $79,000)
  • 307%
  • (120,000 / $39,000)
18Countrywide Home Loans 142 83%11%
  • 283%
  • (193,000 / $68,000)
  • 274%
  • (288,000 / $105,000)
19Mortgage Guaranty Insurance Co 126 72%8%
  • 276%
  • (119,000 / $43,000)
  • 205%
  • (417,000 / $203,000)
20Provident Funding Associates 116 67%16%
  • 234%
  • (410,000 / $175,000)
  • 312%
  • (319,000 / $102,000)

Stillwater, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 11,750
  2. Loan Applications Denied: 1,564
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 8,102
  5. % of Loan Applications Originated 68

Stillwater, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio10
Credit history6
Credit application incomplete4
Unverifiable information2

Stillwater, 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 - $100,0001,864 6716
$100,000 - $300,0007,799 6812
$300,000 - $500,0001,937 7011
$500,000 - $1,000,000135 5027
$1,000,000 - $1,500,00010 4050
$1,500,000 - $2,000,0004 0100
> $2,000,0001 00

Stillwater, 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 - $100,0007,302 6614
$100,000 - $300,0004,158 7210
$300,000 - $500,000188 6913
$500,000 - $1,000,00089 6416
$1,000,000 - $1,500,00010 6020
$1,500,000 - $2,000,0001 0100
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Stillwater, 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%34864 21
30 - 60%50668 14
60 - 100%82569 13
100 - 200%2,98473 10
200 - 300%3,45969 11
300 - 400%2,15765 14
> 400%1,47159 18

Stillwater, 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 Dwelling11,064 6913
Not Owner-Occupied As A Principal Dwelling650 6416
Not Applicable4 2525

Home Owner Property Type Statistics in Stillwater, 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)11,204 6813
One To Four-Family540 784
Manufactured Housing6 083
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