Top Stockton, MN Mortgage Lenders

RankStockton Mortgage LenderStockton Home Loans ProcessedStockton Home Loans ApprovedStockton Home Loans DeniedStockton Mortgage Median Loan to Income Ratio (LTR) for Approved LoansStockton Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,141 59%18%
  • 216%
  • (379,000 Loan / $175,000 Income)
  • 200%
  • (132,000 Loan / $66,000 Income)
2Affinity Plus Federal Credit U 611 65%6%
  • 116%
  • (77,000 / $66,000)
  • 207%
  • (131,000 / $63,000)
3Countrywide Bank Fsb 407 71%17%
  • 214%
  • (105,000 / $49,000)
  • 272%
  • (117,000 / $43,000)
4Citimortgage 380 77%10%
  • 255%
  • (174,000 / $68,000)
  • 340%
  • (167,000 / $49,000)
5Jpmorgan Chase Bank 368 78%16%
  • 262%
  • (142,000 / $54,000)
  • 240%
  • (125,000 / $52,000)
6Us Bank 266 75%10%
  • 223%
  • (335,000 / $150,000)
  • 234%
  • (136,000 / $58,000)
7Mortgage Guaranty Insurance Co 260 68%6%
  • 249%
  • (192,000 / $77,000)
  • 247%
  • (161,000 / $65,000)
8Countrywide Home Loans 238 78%15%
  • 269%
  • (140,000 / $52,000)
  • 228%
  • (103,000 / $45,000)
9Beneficial Company Llc 226 6%78%
  • 88%
  • (130,000 / $147,000)
  • 232%
  • (121,000 / $52,000)
10Genworth Mortgage Insurance Co 216 62%1%
  • 268%
  • (118,000 / $44,000)
  • 217%
  • (100,000 / $46,000)
11United Guaranty Corporation 196 79%3%
  • 262%
  • (194,000 / $74,000)
  • 263%
  • (153,000 / $58,000)
12Wells Fargo Fin'l Minnesota 195 16%60%
  • 260%
  • (271,000 / $104,000)
  • 194%
  • (130,000 / $67,000)
13Bank Of America 187 73%17%
  • 193%
  • (273,000 / $141,000)
  • 227%
  • (237,000 / $104,000)
14Eastwood Bank 165 76%9%
  • 233%
  • (133,000 / $57,000)
  • 231%
  • (345,000 / $149,000)
15Merchants Bank 149 75%4%
  • 200%
  • (252,000 / $126,000)
  • 355%
  • (135,000 / $38,000)
16Citifinancial Services Inc 147 29%41%
  • 196%
  • (49,000 / $25,000)
  • 123%
  • (16,000 / $13,000)
17Citibank 147 80%12%
  • 69%
  • (75,000 / $108,000)
  • 83%
  • (26,000 / $31,000)
18Us Bank North Dakota 140 28%41%
  • 138%
  • (125,000 / $90,000)
  • 82%
  • (102,000 / $123,000)
19Wells Fargo Funding 135 98%0%
  • 154%
  • (336,000 / $217,000)
0
20Embrace Home Loans, 118 6%45%
  • 268%
  • (86,000 / $32,000)
  • 292%
  • (164,000 / $56,000)

Stockton, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 11,757
  2. Loan Applications Denied: 2,234
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 7,224
  5. % of Loan Applications Originated 61

Stockton, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral9
Credit history9
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Stockton, 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 - $100,0004,115 5921
$100,000 - $300,0006,938 6216
$300,000 - $500,000651 5522
$500,000 - $1,000,00049 3836
$1,000,000 - $1,500,0003 1000
$1,500,000 - $2,000,0001 1000

Stockton, 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 - $100,0009,796 5919
$100,000 - $300,0001,802 6616
$300,000 - $500,000100 6122
$500,000 - $1,000,00049 5718
$1,000,000 - $1,500,0004 5025
$1,500,000 - $2,000,0002 1000
> $2,000,0004 7525

Loan to Income Ratios Research for Mortgage in Stockton, 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%50861 23
30 - 60%79860 24
60 - 100%97261 20
100 - 200%2,97863 16
200 - 300%3,20861 16
300 - 400%1,93661 18
> 400%1,35750 25

Stockton, 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 Dwelling10,766 6019
Not Owner-Occupied As A Principal Dwelling918 7116
Not Applicable21 5723

Home Owner Property Type Statistics in Stockton, 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)10,307 6019
One To Four-Family1,049 733
Manufactured Housing401 4735
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