Top Wahnena, MN Mortgage Lenders

RankWahnena Mortgage LenderWahnena Home Loans ProcessedWahnena Home Loans ApprovedWahnena Home Loans DeniedWahnena Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWahnena Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 206 58%16%
  • 154%
  • (220,000 Loan / $142,000 Income)
  • 140%
  • (231,000 Loan / $165,000 Income)
2Affinity Plus Federal Credit U 115 58%9%
  • 142%
  • (64,000 / $45,000)
  • 185%
  • (65,000 / $35,000)
3Us Bank 61 77%13%
  • 205%
  • (123,000 / $60,000)
  • 281%
  • (166,000 / $59,000)
4Jpmorgan Chase Bank 43 76%20%
  • 257%
  • (206,000 / $80,000)
  • 153%
  • (300,000 / $195,000)
5Countrywide Bank Fsb 36 63%19%
  • 251%
  • (224,000 / $89,000)
  • 233%
  • (70,000 / $30,000)
6Bank Of America 26 57%30%
  • 198%
  • (195,000 / $98,000)
  • 137%
  • (66,000 / $48,000)
7Citimortgage 22 81%4%
  • 288%
  • (72,000 / $25,000)
  • 261%
  • (55,000 / $21,000)
8Countrywide Home Loans 19 84%5%
  • 302%
  • (290,000 / $96,000)
  • 104%
  • (125,000 / $120,000)
9Us Bk Na Nd 18 44%55%
  • 82%
  • (85,000 / $103,000)
  • 221%
  • (104,000 / $47,000)
10Citifinancial Services Inc 15 40%33%
  • 124%
  • (36,000 / $29,000)
  • 154%
  • (74,000 / $48,000)
11Citibank 15 60%26%
  • 233%
  • (119,000 / $51,000)
  • 98%
  • (53,000 / $54,000)
12Embrace Home Loans, 14 7%57%
  • 68%
  • (52,000 / $76,000)
  • 331%
  • (262,000 / $79,000)
13American Bank Of The North 14 57%28%
  • 78%
  • (160,000 / $205,000)
  • 237%
  • (19,000 / $8,000)
14Unity Bank 13 76%23%
  • 116%
  • (304,000 / $262,000)
  • 251%
  • (277,000 / $110,000)
15Merchants Bank 13 84%7%
  • 327%
  • (118,000 / $36,000)
  • 219%
  • (200,000 / $91,000)
16Wells Fargo Funding 12 100%0% 0 0
17Quicken Loans 12 75%25%
  • 208%
  • (75,000 / $36,000)
  • 343%
  • (79,000 / $23,000)
18Northview Bank 12 50%25%
  • 198%
  • (189,000 / $95,000)
  • 164%
  • (250,000 / $152,000)
19National City Bank 11 63%9%
  • 152%
  • (285,000 / $187,000)
  • 43%
  • (31,000 / $71,000)
20Mortgage Guaranty Insurance Co 11 54%9%
  • 251%
  • (224,000 / $89,000)
  • 337%
  • (98,000 / $29,000)

Wahnena, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,147
  2. Loan Applications Denied: 212
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 707
  5. % of Loan Applications Originated 61

Wahnena, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral16
Credit history16
Debt-to-income ratio11
Unverifiable information4
Credit application incomplete2

Wahnena, 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 - $100,000439 5521
$100,000 - $300,000631 6317
$300,000 - $500,00073 748
$500,000 - $1,000,0004 1000

Wahnena, 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 - $100,000813 5720
$100,000 - $300,000300 6712
$300,000 - $500,00023 7717
$500,000 - $1,000,0009 990
$1,000,000 - $1,500,0002 500

Loan to Income Ratios Research for Mortgage in Wahnena, 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%5551 25
30 - 60%7764 14
60 - 100%13161 20
100 - 200%34964 15
200 - 300%29262 17
300 - 400%13057 19
> 400%11353 26

Wahnena, 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 Dwelling750 5521
Not Owner-Occupied As A Principal Dwelling383 7512
Not Applicable2 5050

Home Owner Property Type Statistics in Wahnena, 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)1,019 6217
Manufactured Housing85 4534
One To Four-Family43 7211
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