Top Wasioja, MN Mortgage Lenders

RankWasioja Mortgage LenderWasioja Home Loans ProcessedWasioja Home Loans ApprovedWasioja Home Loans DeniedWasioja Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWasioja Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 371 61%21%
  • 186%
  • (82,000 Loan / $44,000 Income)
  • 176%
  • (74,000 Loan / $42,000 Income)
2Eastwood Bank 104 69%16%
  • 192%
  • (160,000 / $83,000)
  • 198%
  • (200,000 / $101,000)
3Think Mutual Bank 81 51%12%
  • 89%
  • (50,000 / $56,000)
  • 175%
  • (160,000 / $91,000)
4Affinity Plus Federal Credit U 48 54%2%
  • 80%
  • (48,000 / $60,000)
  • 241%
  • (150,000 / $62,000)
5Bank Of America 45 71%15%
  • 300%
  • (81,000 / $27,000)
  • 204%
  • (102,000 / $50,000)
6Jpmorgan Chase Bank 44 81%18%
  • 258%
  • (101,000 / $39,000)
  • 232%
  • (100,000 / $43,000)
7Countrywide Bank Fsb 38 68%21%
  • 242%
  • (204,000 / $84,000)
  • 342%
  • (144,000 / $42,000)
8Home Federal Savings Bank 35 57%11%
  • 195%
  • (129,000 / $66,000)
  • 420%
  • (181,000 / $43,000)
9Qr Lending Inc 32 56%12%
  • 163%
  • (80,000 / $49,000)
  • 206%
  • (130,000 / $63,000)
10Prime Lending 28 78%7%
  • 245%
  • (145,000 / $59,000)
  • 227%
  • (134,000 / $59,000)
11Mortgage Guaranty Insurance Co 26 73%11%
  • 276%
  • (177,000 / $64,000)
  • 276%
  • (119,000 / $43,000)
12Embrace Home Loans, 26 3%46%
  • 164%
  • (133,000 / $81,000)
  • 336%
  • (101,000 / $30,000)
13Us Bank 25 84%8%
  • 220%
  • (240,000 / $109,000)
  • 214%
  • (118,000 / $55,000)
14Citizens State Bank Of Hayfiel 24 70%12%
  • 50%
  • (44,000 / $87,000)
  • 23%
  • (7,000 / $30,000)
15Citimortgage 24 87%8%
  • 218%
  • (109,000 / $50,000)
  • 242%
  • (102,000 / $42,000)
16United Guaranty Corporation 23 65%8%
  • 215%
  • (95,000 / $44,000)
  • 1180%
  • (177,000 / $15,000)
17Merchants Bank 21 80%14%
  • 205%
  • (185,000 / $90,000)
  • 132%
  • (125,000 / $94,000)
18Wells Fargo Fin'l Minnesota 20 20%55%
  • 157%
  • (82,000 / $52,000)
  • 250%
  • (60,000 / $24,000)
19Wells Fargo Funding 17 100%0% 0 0
20Countrywide Home Loans 17 94%5%
  • 227%
  • (200,000 / $88,000)
  • 666%
  • (200,000 / $30,000)

Wasioja, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,590
  2. Loan Applications Denied: 310
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 988
  5. % of Loan Applications Originated 62

Wasioja, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Credit history12
Debt-to-income ratio9
Credit application incomplete3
Unverifiable information1

Wasioja, 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 - $100,000658 6022
$100,000 - $300,000908 6217
$300,000 - $500,00023 658
$1,000,000 - $1,500,0001 00

Wasioja, 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 - $100,0001,379 6020
$100,000 - $300,000204 7111
$300,000 - $500,0002 1000
$500,000 - $1,000,0002 1000
$1,000,000 - $1,500,0002 050
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Wasioja, 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%9554 31
30 - 60%8865 21
60 - 100%11060 26
100 - 200%50063 16
200 - 300%49164 14
300 - 400%21363 18
> 400%9343 40

Wasioja, 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 Dwelling1,537 6219
Not Owner-Occupied As A Principal Dwelling50 6218
Not Applicable2 050

Home Owner Property Type Statistics in Wasioja, 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)1,473 6120
One To Four-Family97 757
Manufactured Housing20 6035
More Wasioja, MN Mortgage Research: