Top Walcott, MN Mortgage Lenders

RankWalcott Mortgage LenderWalcott Home Loans ProcessedWalcott Home Loans ApprovedWalcott Home Loans DeniedWalcott Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWalcott Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 805 56%15%
  • 208%
  • (194,000 Loan / $93,000 Income)
  • 194%
  • (150,000 Loan / $77,000 Income)
2Affinity Plus Federal Credit U 346 73%4%
  • 118%
  • (32,000 / $27,000)
  • 331%
  • (169,000 / $51,000)
3Jpmorgan Chase Bank 247 84%12%
  • 297%
  • (137,000 / $46,000)
  • 261%
  • (201,000 / $77,000)
4Citimortgage 114 72%9%
  • 240%
  • (154,000 / $64,000)
  • 250%
  • (128,000 / $51,000)
5Countrywide Bank Fsb 92 68%16%
  • 292%
  • (152,000 / $52,000)
  • 256%
  • (105,000 / $41,000)
6Genworth Mortgage Insurance Co 89 46%2%
  • 284%
  • (392,000 / $138,000)
  • 410%
  • (119,000 / $29,000)
7Citibank 83 79%10%
  • 150%
  • (87,000 / $58,000)
  • 98%
  • (75,000 / $76,000)
8Mortgage Guaranty Insurance Co 63 69%7%
  • 282%
  • (164,000 / $58,000)
  • 172%
  • (138,000 / $80,000)
9Agstar Financial Services 62 64%6%
  • 240%
  • (183,000 / $76,000)
  • 447%
  • (197,000 / $44,000)
10Us Bank 54 64%18%
  • 251%
  • (214,000 / $85,000)
  • 330%
  • (215,000 / $65,000)
11United Guaranty Corporation 53 69%3%
  • 229%
  • (124,000 / $54,000)
  • 261%
  • (144,000 / $55,000)
12Wells Fargo Funding 47 97%0% 0 0
13Countrywide Home Loans 47 74%19%
  • 247%
  • (119,000 / $48,000)
  • 336%
  • (148,000 / $44,000)
14Bank Of America 46 71%15%
  • 266%
  • (205,000 / $77,000)
  • 319%
  • (182,000 / $57,000)
15Beneficial Company Llc 39 0%89% 0
  • 209%
  • (207,000 / $99,000)
16Amtrust Bank 36 75%8%
  • 250%
  • (168,000 / $67,000)
  • 450%
  • (126,000 / $28,000)
17First Suburban National Bank 34 20%47%
  • 301%
  • (196,000 / $65,000)
  • 290%
  • (145,000 / $50,000)
18Us Bank North Dakota 32 25%40%
  • 208%
  • (206,000 / $99,000)
  • 250%
  • (213,000 / $85,000)
19Wells Fargo Fin'l Minnesota 31 9%54%
  • 173%
  • (142,000 / $82,000)
  • 241%
  • (249,000 / $103,000)
20Pmi Mortgage Insurance Co. 30 73%3%
  • 262%
  • (247,000 / $94,000)
  • 160%
  • (173,000 / $108,000)

Walcott, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 3,459
  2. Loan Applications Denied: 591
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 2,128
  5. % of Loan Applications Originated 61

Walcott, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral9
Credit history6
Debt-to-income ratio5
Credit application incomplete3
Unverifiable information1

Walcott, 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 - $100,000920 6018
$100,000 - $300,0002,385 6216
$300,000 - $500,000145 4422
$500,000 - $1,000,0009 5533

Walcott, 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 - $100,0002,898 6016
$100,000 - $300,000533 6118
$300,000 - $500,00019 5126
$500,000 - $1,000,0005 1000
$1,000,000 - $1,500,0004 1000

Loan to Income Ratios Research for Mortgage in Walcott, 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%18057 26
30 - 60%21466 14
60 - 100%20457 19
100 - 200%78363 14
200 - 300%1,02961 15
300 - 400%66363 15
> 400%38649 23

Walcott, 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 Dwelling3,305 6117
Not Owner-Occupied As A Principal Dwelling130 6811
Not Applicable6 6633

Home Owner Property Type Statistics in Walcott, 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)3,115 6118
One To Four-Family317 673
Manufactured Housing27 4025
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