Top Warba, MN Mortgage Lenders

RankWarba Mortgage LenderWarba Home Loans ProcessedWarba Home Loans ApprovedWarba Home Loans DeniedWarba Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWarba Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 742 63%16%
  • 220%
  • (150,000 Loan / $68,000 Income)
  • 166%
  • (128,000 Loan / $77,000 Income)
2Affinity Plus Federal Credit U 326 66%8%
  • 134%
  • (106,000 / $79,000)
  • 235%
  • (113,000 / $48,000)
3Jpmorgan Chase Bank 169 79%17%
  • 252%
  • (139,000 / $55,000)
  • 227%
  • (155,000 / $68,000)
4Countrywide Bank Fsb 128 74%12%
  • 214%
  • (135,000 / $63,000)
  • 211%
  • (146,000 / $69,000)
5Citimortgage 127 74%17%
  • 242%
  • (131,000 / $54,000)
  • 265%
  • (210,000 / $79,000)
6Us Bank North Dakota 115 38%39%
  • 108%
  • (39,000 / $36,000)
  • 147%
  • (65,000 / $44,000)
7Genworth Mortgage Insurance Co 103 62%3%
  • 278%
  • (139,000 / $50,000)
  • 310%
  • (239,000 / $77,000)
8Us Bank 95 69%20%
  • 266%
  • (40,000 / $15,000)
  • 256%
  • (359,000 / $140,000)
9Beneficial Company Llc 91 6%79%
  • 250%
  • (135,000 / $54,000)
  • 236%
  • (78,000 / $33,000)
10Mortgage Guaranty Insurance Co 85 76%2%
  • 240%
  • (130,000 / $54,000)
  • 208%
  • (125,000 / $60,000)
11Citifinancial Services Inc 82 25%56%
  • 184%
  • (24,000 / $13,000)
  • 154%
  • (17,000 / $11,000)
12American Bank Of The North 79 74%17%
  • 145%
  • (87,000 / $60,000)
  • 169%
  • (129,000 / $76,000)
13Bank Of America 77 75%15%
  • 245%
  • (140,000 / $57,000)
  • 216%
  • (91,000 / $42,000)
14Wells Fargo Fin'l Minnesota 73 10%61%
  • 265%
  • (130,000 / $49,000)
  • 223%
  • (145,000 / $65,000)
15Countrywide Home Loans 73 80%12%
  • 253%
  • (162,000 / $64,000)
  • 251%
  • (68,000 / $27,000)
16Phh Mortgage Corporation 61 85%1%
  • 223%
  • (85,000 / $38,000)
  • 241%
  • (123,000 / $51,000)
17Bell America Mortgage Llc Dba 56 66%3%
  • 242%
  • (63,000 / $26,000)
  • 283%
  • (159,000 / $56,000)
18Embrace Home Loans, 52 1%53%
  • 232%
  • (72,000 / $31,000)
  • 270%
  • (200,000 / $74,000)
19Citibank 50 86%10%
  • 49%
  • (28,000 / $57,000)
  • 52%
  • (48,000 / $91,000)
20Wells Fargo Funding 44 100%0%
  • 286%
  • (106,000 / $37,000)
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Warba, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,288
  2. Loan Applications Denied: 887
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 2,610
  5. % of Loan Applications Originated 60

Warba, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history11
Collateral10
Debt-to-income ratio6
Credit application incomplete3
Unverifiable information1

Warba, 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 - $100,0001,725 6022
$100,000 - $300,0002,440 6119
$300,000 - $500,000116 5025
$500,000 - $1,000,0007 2871

Warba, 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 - $100,0003,749 5921
$100,000 - $300,000513 6716
$300,000 - $500,00016 1250
$500,000 - $1,000,0008 6212
$1,500,000 - $2,000,0001 00
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Warba, 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%21355 27
30 - 60%28058 22
60 - 100%34562 21
100 - 200%1,07963 18
200 - 300%1,27863 18
300 - 400%66260 19
> 400%43146 31

Warba, 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 Dwelling4,028 6020
Not Owner-Occupied As A Principal Dwelling239 6815
Not Applicable11 4536

Home Owner Property Type Statistics in Warba, 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)3,821 5922
One To Four-Family360 753
Manufactured Housing107 5031
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