Top Vesta, MN Mortgage Lenders

RankVesta Mortgage LenderVesta Home Loans ProcessedVesta Home Loans ApprovedVesta Home Loans DeniedVesta Mortgage Median Loan to Income Ratio (LTR) for Approved LoansVesta Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,060 60%16%
  • 226%
  • (138,000 Loan / $61,000 Income)
  • 223%
  • (215,000 Loan / $96,000 Income)
2Jpmorgan Chase Bank 328 81%14%
  • 264%
  • (132,000 / $50,000)
  • 243%
  • (90,000 / $37,000)
3Countrywide Bank Fsb 282 69%18%
  • 227%
  • (155,000 / $68,000)
  • 312%
  • (50,000 / $16,000)
4Us Bank 260 76%15%
  • 247%
  • (173,000 / $70,000)
  • 294%
  • (200,000 / $68,000)
5Citimortgage 257 84%7%
  • 250%
  • (150,000 / $60,000)
  • 283%
  • (261,000 / $92,000)
6Affinity Plus Federal Credit U 178 67%5%
  • 125%
  • (140,000 / $112,000)
  • 231%
  • (155,000 / $67,000)
7Eastwood Bank 175 69%8%
  • 143%
  • (131,000 / $91,000)
  • 129%
  • (35,000 / $27,000)
8Countrywide Home Loans 147 83%11%
  • 228%
  • (171,000 / $75,000)
  • 191%
  • (86,000 / $45,000)
9Bank Of America 145 69%17%
  • 276%
  • (94,000 / $34,000)
  • 205%
  • (119,000 / $58,000)
10Beneficial Company Llc 139 5%82%
  • 173%
  • (73,000 / $42,000)
  • 227%
  • (182,000 / $80,000)
11Mortgage Guaranty Insurance Co 131 67%7%
  • 285%
  • (223,000 / $78,000)
  • 243%
  • (185,000 / $76,000)
12State Bank & Trust 126 80%8%
  • 119%
  • (136,000 / $114,000)
  • 293%
  • (417,000 / $142,000)
13Bremer Bank Na (Fargo) 110 85%4%
  • 153%
  • (83,000 / $54,000)
  • 256%
  • (64,000 / $25,000)
14Us Bank North Dakota 96 28%38%
  • 180%
  • (150,000 / $83,000)
  • 243%
  • (151,000 / $62,000)
15Genworth Mortgage Insurance Co 96 64%2%
  • 256%
  • (149,000 / $58,000)
  • 475%
  • (171,000 / $36,000)
16Wells Fargo Fin'l Minnesota 88 21%46%
  • 266%
  • (197,000 / $74,000)
  • 211%
  • (89,000 / $42,000)
17Think Mutual Bank 86 76%8%
  • 93%
  • (56,000 / $60,000)
  • 375%
  • (150,000 / $40,000)
18United Guaranty Corporation 75 69%6%
  • 273%
  • (167,000 / $61,000)
  • 280%
  • (129,000 / $46,000)
19Citibank 72 77%12%
  • 79%
  • (124,000 / $156,000)
  • 58%
  • (33,000 / $56,000)
20Lake State Federal Credit Unio 70 20%20%
  • 179%
  • (167,000 / $93,000)
  • 349%
  • (178,000 / $51,000)

Vesta, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 6,833
  2. Loan Applications Denied: 1,281
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 4,243
  5. % of Loan Applications Originated 62

Vesta, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history9
Debt-to-income ratio8
Credit application incomplete2
Unverifiable information1

Vesta, 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 - $100,0002,403 6120
$100,000 - $300,0003,923 6218
$300,000 - $500,000450 6516
$500,000 - $1,000,00052 4326
$1,000,000 - $1,500,0004 5050
$1,500,000 - $2,000,0001 00

Vesta, 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 - $100,0005,634 6019
$100,000 - $300,0001,076 6713
$300,000 - $500,00073 7013
$500,000 - $1,000,00038 8013
$1,000,000 - $1,500,0005 2040
$1,500,000 - $2,000,0002 5050
> $2,000,0005 1000

Loan to Income Ratios Research for Mortgage in Vesta, 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%32460 22
30 - 60%42562 17
60 - 100%53263 19
100 - 200%1,68865 15
200 - 300%1,84363 16
300 - 400%1,22562 17
> 400%79647 30

Vesta, 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 Dwelling6,089 6019
Not Owner-Occupied As A Principal Dwelling707 7214
Not Applicable9 5522

Home Owner Property Type Statistics in Vesta, 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)6,112 6119
One To Four-Family479 744
Manufactured Housing242 4434
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