Top Udolpho, MN Mortgage Lenders

RankUdolpho Mortgage LenderUdolpho Home Loans ProcessedUdolpho Home Loans ApprovedUdolpho Home Loans DeniedUdolpho Mortgage Median Loan to Income Ratio (LTR) for Approved LoansUdolpho Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 129 60%17%
  • 214%
  • (73,000 Loan / $34,000 Income)
  • 225%
  • (185,000 Loan / $82,000 Income)
2Agstar Financial Services 36 63%11%
  • 186%
  • (136,000 / $73,000)
  • 252%
  • (220,000 / $87,000)
3Think Mutual Bank 26 38%23%
  • 137%
  • (70,000 / $51,000)
  • 109%
  • (36,000 / $33,000)
4Home Federal Savings Bank 25 48%16%
  • 190%
  • (105,000 / $55,000)
  • 255%
  • (176,000 / $69,000)
5Us Bank 23 65%21%
  • 280%
  • (126,000 / $45,000)
  • 269%
  • (170,000 / $63,000)
6Citimortgage 14 64%21%
  • 190%
  • (82,000 / $43,000)
  • 93%
  • (87,000 / $93,000)
7Beneficial Company Llc 14 7%92%
  • 230%
  • (184,000 / $80,000)
  • 223%
  • (150,000 / $67,000)
8Jpmorgan Chase Bank 12 58%41%
  • 379%
  • (110,000 / $29,000)
  • 243%
  • (300,000 / $123,000)
9Genworth Mortgage Insurance Co 12 75%0%
  • 204%
  • (96,000 / $47,000)
0
10Countrywide Home Loans 12 33%41%
  • 155%
  • (123,000 / $79,000)
  • 241%
  • (152,000 / $63,000)
11Countrywide Bank Fsb 12 25%50%
  • 242%
  • (126,000 / $52,000)
  • 237%
  • (237,000 / $100,000)
12Wells Federal Bank 11 18%27%
  • 380%
  • (80,000 / $21,000)
  • 331%
  • (285,000 / $86,000)
13Affinity Plus Federal Credit U 11 54%9%
  • 157%
  • (157,000 / $100,000)
  • 275%
  • (110,000 / $40,000)
14Us Bank North Dakota 9 33%55%
  • 54%
  • (36,000 / $66,000)
  • 247%
  • (131,000 / $53,000)
15Mayo Employees Federal Cu 9 100%0%
  • 43%
  • (37,000 / $86,000)
0
16Eastwood Bank 9 88%0%
  • 219%
  • (57,000 / $26,000)
0
17Prime Lending 8 50%25%
  • 268%
  • (67,000 / $25,000)
  • 403%
  • (121,000 / $30,000)
18Mortgage Guaranty Insurance Co 8 37%0%
  • 196%
  • (98,000 / $50,000)
0
19Citifinancial Services Inc 8 50%50%
  • 240%
  • (161,000 / $67,000)
  • 230%
  • (145,000 / $63,000)
20New Day Financial, Llc 7 0%42% 0
  • 323%
  • (126,000 / $39,000)

Udolpho, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 591
  2. Loan Applications Denied: 141
  3. % of Loan Applications Denied: 23
  4. # of Loan Originations: 316
  5. % of Loan Applications Originated 53

Udolpho, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Credit history16
Debt-to-income ratio7
Credit application incomplete5
Insufficient cash (downpayment, closing costs)2

Udolpho, 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 - $100,000236 5023
$100,000 - $300,000341 5522
$300,000 - $500,00011 2763
$500,000 - $1,000,0003 3333

Udolpho, 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 - $100,000493 5224
$100,000 - $300,00096 5819
$300,000 - $500,0001 1000
$500,000 - $1,000,0001 0100

Loan to Income Ratios Research for Mortgage in Udolpho, 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%2055 30
30 - 60%3958 25
60 - 100%4347 25
100 - 200%18256 15
200 - 300%16051 29
300 - 400%9750 27
> 400%5054 22

Udolpho, 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 Dwelling574 5323
Not Owner-Occupied As A Principal Dwelling16 6225
Not Applicable1 00

Home Owner Property Type Statistics in Udolpho, 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)544 5225
One To Four-Family27 703
Manufactured Housing20 6510
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