Top Victoria, MN Mortgage Lenders

RankVictoria Mortgage LenderVictoria Home Loans ProcessedVictoria Home Loans ApprovedVictoria Home Loans DeniedVictoria Mortgage Median Loan to Income Ratio (LTR) for Approved LoansVictoria Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,785 74%9%
  • 200%
  • (240,000 Loan / $120,000 Income)
  • 228%
  • (411,000 Loan / $180,000 Income)
2Jpmorgan Chase Bank 419 92%6%
  • 218%
  • (109,000 / $50,000)
  • 217%
  • (407,000 / $187,000)
3Us Bank 372 81%9%
  • 202%
  • (81,000 / $40,000)
  • 233%
  • (400,000 / $171,000)
4Wells Fargo Funding 238 98%0%
  • 273%
  • (268,000 / $98,000)
  • 660%
  • (165,000 / $25,000)
5Kleinbank 220 72%12%
  • 210%
  • (316,000 / $150,000)
  • 226%
  • (111,000 / $49,000)
6Citimortgage 204 85%3%
  • 235%
  • (245,000 / $104,000)
  • 320%
  • (1,500,000 / $468,000)
7Bank Of America 193 77%10%
  • 213%
  • (363,000 / $170,000)
  • 326%
  • (124,000 / $38,000)
8Universal American Mtg. Co.Llc 158 85%5%
  • 263%
  • (450,000 / $171,000)
  • 303%
  • (255,000 / $84,000)
9The Business Bank 157 91%5%
  • 236%
  • (336,000 / $142,000)
  • 222%
  • (191,000 / $86,000)
10Countrywide Bank Fsb 141 84%10%
  • 279%
  • (417,000 / $149,000)
  • 268%
  • (263,000 / $98,000)
11Bell America Mortgage Llc Dba 118 76%0%
  • 242%
  • (260,000 / $107,000)
0
12Citibank 117 77%8%
  • 155%
  • (230,000 / $148,000)
  • 233%
  • (105,000 / $45,000)
13Phh Home Loans 114 80%2%
  • 233%
  • (353,000 / $151,000)
  • 257%
  • (219,000 / $85,000)
14United Guaranty Corporation 106 83%2%
  • 255%
  • (401,000 / $157,000)
  • 275%
  • (375,000 / $136,000)
15Us Bk Na Nd 94 46%30%
  • 139%
  • (174,000 / $125,000)
  • 140%
  • (420,000 / $300,000)
16Mortgage Guaranty Insurance Co 92 77%7%
  • 282%
  • (175,000 / $62,000)
  • 275%
  • (375,000 / $136,000)
17Radian Guaranty 88 89%2%
  • 277%
  • (388,000 / $140,000)
  • 484%
  • (383,000 / $79,000)
18Dhi Mortgage Company Limited 88 79%17%
  • 273%
  • (353,000 / $129,000)
  • 300%
  • (258,000 / $86,000)
19State Bank & Trust 84 77%8%
  • 226%
  • (417,000 / $184,000)
  • 347%
  • (160,000 / $46,000)
20Alerus Financial 84 90%4%
  • 213%
  • (399,000 / $187,000)
  • 202%
  • (249,000 / $123,000)

Victoria, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 7,491
  2. Loan Applications Denied: 764
  3. % of Loan Applications Denied: 10
  4. # of Loan Originations: 5,630
  5. % of Loan Applications Originated 75

Victoria, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Debt-to-income ratio7
Credit history4
Credit application incomplete3
Unverifiable information1

Victoria, 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 - $100,000581 6814
$100,000 - $300,0003,843 759
$300,000 - $500,0002,814 768
$500,000 - $1,000,000230 5221
$1,000,000 - $1,500,00015 6633
$1,500,000 - $2,000,0004 2575
> $2,000,0004 500

Victoria, 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 - $100,0002,822 7112
$100,000 - $300,0004,355 768
$300,000 - $500,000229 6513
$500,000 - $1,000,00067 7014
$1,000,000 - $1,500,00011 7218
$1,500,000 - $2,000,0003 6633
> $2,000,0004 500

Loan to Income Ratios Research for Mortgage in Victoria, 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%13461 18
30 - 60%25570 12
60 - 100%41571 12
100 - 200%2,17977 8
200 - 300%2,53377 7
300 - 400%1,27871 12
> 400%69765 18

Victoria, 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 Dwelling7,325 7510
Not Owner-Occupied As A Principal Dwelling162 7114
Not Applicable3 660

Home Owner Property Type Statistics in Victoria, 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)7,104 7410
One To Four-Family386 794
Manufactured Housing1 00
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