Top Viola, MN Mortgage Lenders

RankViola Mortgage LenderViola Home Loans ProcessedViola Home Loans ApprovedViola Home Loans DeniedViola Mortgage Median Loan to Income Ratio (LTR) for Approved LoansViola Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 394 70%13%
  • 220%
  • (88,000 Loan / $40,000 Income)
  • 223%
  • (163,000 Loan / $73,000 Income)
2Eastwood Bank 320 73%10%
  • 196%
  • (110,000 / $56,000)
  • 227%
  • (246,000 / $108,000)
3Think Mutual Bank 142 64%9%
  • 114%
  • (114,000 / $100,000)
  • 201%
  • (155,000 / $77,000)
4Merchants Bank 142 72%9%
  • 202%
  • (280,000 / $138,000)
  • 343%
  • (134,000 / $39,000)
5Home Federal Savings Bank 82 70%10%
  • 181%
  • (80,000 / $44,000)
  • 107%
  • (118,000 / $110,000)
6F & M Community Bank 79 94%5%
  • 162%
  • (96,000 / $59,000)
  • 657%
  • (92,000 / $14,000)
7Affinity Plus Federal Credit U 64 57%7%
  • 96%
  • (108,000 / $112,000)
  • 139%
  • (71,000 / $51,000)
8Peoples State Bank Of Plainvie 62 95%4%
  • 195%
  • (340,000 / $174,000)
  • 451%
  • (131,000 / $29,000)
9Bank Of America 60 75%18%
  • 297%
  • (330,000 / $111,000)
  • 256%
  • (131,000 / $51,000)
10Agstar Financial Services 60 53%10%
  • 191%
  • (450,000 / $235,000)
  • 340%
  • (75,000 / $22,000)
11Countrywide Bank Fsb 58 55%24%
  • 200%
  • (215,000 / $107,000)
  • 221%
  • (213,000 / $96,000)
12Qr Lending Inc 53 60%11%
  • 180%
  • (217,000 / $120,000)
  • 194%
  • (138,000 / $71,000)
13Jpmorgan Chase Bank 53 92%5%
  • 221%
  • (257,000 / $116,000)
  • 382%
  • (157,000 / $41,000)
14First National Bank Of Plainvi 50 90%10%
  • 140%
  • (45,000 / $32,000)
  • 274%
  • (140,000 / $51,000)
15Mayo Employees Federal Cu 49 91%8%
  • 53%
  • (21,000 / $39,000)
  • 129%
  • (118,000 / $91,000)
16Us Bank 46 78%17%
  • 284%
  • (111,000 / $39,000)
  • 359%
  • (158,000 / $44,000)
17Citimortgage 43 76%9%
  • 385%
  • (108,000 / $28,000)
  • 353%
  • (230,000 / $65,000)
18Associated Bank 43 53%13%
  • 214%
  • (135,000 / $63,000)
  • 227%
  • (25,000 / $11,000)
19United Guaranty Corporation 41 92%0%
  • 269%
  • (105,000 / $39,000)
0
20First Alliance Credit Union 38 71%7%
  • 149%
  • (173,000 / $116,000)
  • 95%
  • (95,000 / $100,000)

Viola, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,585
  2. Loan Applications Denied: 357
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 1,782
  5. % of Loan Applications Originated 68

Viola, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history11
Collateral10
Debt-to-income ratio9
Credit application incomplete2
Unverifiable information1

Viola, 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 - $100,000802 7013
$100,000 - $300,0001,660 6714
$300,000 - $500,000111 667
$500,000 - $1,000,00011 5427
$1,000,000 - $1,500,0001 1000

Viola, 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 - $100,0002,035 6715
$100,000 - $300,000531 716
$300,000 - $500,00015 860
$500,000 - $1,000,0001 1000
$1,000,000 - $1,500,0002 5050
$1,500,000 - $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Viola, 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%15477 11
30 - 60%15770 12
60 - 100%17069 14
100 - 200%77170 10
200 - 300%73272 13
300 - 400%38563 16
> 400%21651 25

Viola, 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 Dwelling2,516 6813
Not Owner-Occupied As A Principal Dwelling65 787
Not Applicable2 1000

Home Owner Property Type Statistics in Viola, 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)2,393 6814
One To Four-Family144 801
Manufactured Housing48 5622
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