Top Ulen, MN Mortgage Lenders

RankUlen Mortgage LenderUlen Home Loans ProcessedUlen Home Loans ApprovedUlen Home Loans DeniedUlen Mortgage Median Loan to Income Ratio (LTR) for Approved LoansUlen Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 413 72%11%
  • 192%
  • (123,000 Loan / $64,000 Income)
  • 163%
  • (75,000 Loan / $46,000 Income)
2State Bank & Trust 160 67%16%
  • 146%
  • (271,000 / $185,000)
  • 185%
  • (119,000 / $64,000)
3Northwestern Bank 145 93%2%
  • 84%
  • (21,000 / $25,000)
  • 111%
  • (75,000 / $67,000)
4First National Bank 144 65%20%
  • 149%
  • (76,000 / $51,000)
  • 200%
  • (24,000 / $12,000)
5Jpmorgan Chase Bank 121 91%5%
  • 131%
  • (167,000 / $127,000)
  • 286%
  • (123,000 / $43,000)
6State Bank Of Hawley 104 93%5%
  • 80%
  • (50,000 / $62,000)
  • 169%
  • (100,000 / $59,000)
7Us Bank 90 83%11%
  • 224%
  • (168,000 / $75,000)
  • 226%
  • (181,000 / $80,000)
8Citimortgage 90 90%1%
  • 194%
  • (140,000 / $72,000)
  • 323%
  • (194,000 / $60,000)
9Cornerstone Bank 86 74%3%
  • 195%
  • (84,000 / $43,000)
  • 177%
  • (133,000 / $75,000)
10Gate City Bank 84 75%8%
  • 167%
  • (134,000 / $80,000)
  • 230%
  • (288,000 / $125,000)
11Bremer Bank Na (Fargo) 82 79%6%
  • 184%
  • (122,000 / $66,000)
  • 59%
  • (100,000 / $167,000)
12Wealthbridge Mortgage Corp. 48 83%2%
  • 176%
  • (180,000 / $102,000)
  • 197%
  • (225,000 / $114,000)
13Bank Of America 47 76%8%
  • 218%
  • (107,000 / $49,000)
  • 197%
  • (97,000 / $49,000)
14Affinity Plus Federal Credit U 47 76%4%
  • 98%
  • (95,000 / $96,000)
  • 68%
  • (32,000 / $47,000)
15Mortgage Guaranty Insurance Co 46 84%4%
  • 227%
  • (91,000 / $40,000)
  • 404%
  • (190,000 / $47,000)
16Wells Fargo Funding 44 100%0%
  • 147%
  • (75,000 / $51,000)
0
17Town And Country Credit Union 42 88%4%
  • 156%
  • (188,000 / $120,000)
  • 231%
  • (139,000 / $60,000)
18Affiliated Mortgage Company 35 100%0% 0 0
19Genworth Mortgage Insurance Co 33 54%0%
  • 251%
  • (302,000 / $120,000)
0
20Citibank 33 54%15%
  • 179%
  • (97,000 / $54,000)
  • 30%
  • (15,000 / $50,000)

Ulen, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,672
  2. Loan Applications Denied: 313
  3. % of Loan Applications Denied: 11
  4. # of Loan Originations: 1,974
  5. % of Loan Applications Originated 73

Ulen, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history13
Collateral10
Debt-to-income ratio8
Insufficient cash (downpayment, closing costs)1
Employment history1

Ulen, 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 - $100,000969 7214
$100,000 - $300,0001,610 7410
$300,000 - $500,00093 7110

Ulen, 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 - $100,0002,038 7213
$100,000 - $300,000608 767
$300,000 - $500,00013 910
$500,000 - $1,000,0008 620
$1,000,000 - $1,500,0003 3333
> $2,000,0002 5050

Loan to Income Ratios Research for Mortgage in Ulen, 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%15777 15
30 - 60%17874 11
60 - 100%24472 13
100 - 200%92076 9
200 - 300%73673 10
300 - 400%28972 13
> 400%14851 23

Ulen, 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 Dwelling2,576 7411
Not Owner-Occupied As A Principal Dwelling93 6711
Not Applicable1 1000

Home Owner Property Type Statistics in Ulen, 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)2,476 7311
One To Four-Family135 782
Manufactured Housing61 6822
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