Top Webster, MN Mortgage Lenders

RankWebster Mortgage LenderWebster Home Loans ProcessedWebster Home Loans ApprovedWebster Home Loans DeniedWebster Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWebster Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 822 63%15%
  • 234%
  • (206,000 Loan / $88,000 Income)
  • 253%
  • (170,000 Loan / $67,000 Income)
2Frandsen Bank & Trust 168 82%9%
  • 210%
  • (200,000 / $95,000)
  • 253%
  • (170,000 / $67,000)
3Jpmorgan Chase Bank 157 82%13%
  • 259%
  • (395,000 / $152,000)
  • 252%
  • (358,000 / $142,000)
4Citimortgage 118 82%9%
  • 261%
  • (314,000 / $120,000)
  • 351%
  • (232,000 / $66,000)
5Wells Fargo Funding 102 99%0%
  • 266%
  • (379,000 / $142,000)
  • 228%
  • (174,000 / $76,000)
6Countrywide Bank Fsb 102 68%18%
  • 248%
  • (206,000 / $83,000)
  • 365%
  • (417,000 / $114,000)
7Citibank 98 78%7%
  • 213%
  • (190,000 / $89,000)
  • 190%
  • (225,000 / $118,000)
8Us Bank 95 76%10%
  • 240%
  • (60,000 / $25,000)
  • 458%
  • (321,000 / $70,000)
9Community Security Bank 82 82%6%
  • 234%
  • (253,000 / $108,000)
  • 287%
  • (69,000 / $24,000)
10Bank Of America 80 62%20%
  • 279%
  • (246,000 / $88,000)
  • 253%
  • (231,000 / $91,000)
11Dhi Mortgage Company Limited 71 78%8%
  • 263%
  • (158,000 / $60,000)
  • 345%
  • (207,000 / $60,000)
12Affinity Plus Federal Credit U 70 65%5%
  • 142%
  • (137,000 / $96,000)
  • 380%
  • (95,000 / $25,000)
13Agstar Financial Services 68 54%8%
  • 281%
  • (242,000 / $86,000)
  • 341%
  • (270,000 / $79,000)
14Community Resource Bank 65 75%9%
  • 212%
  • (229,000 / $108,000)
  • 179%
  • (120,000 / $67,000)
15Mortgage Guaranty Insurance Co 63 66%11%
  • 309%
  • (127,000 / $41,000)
  • 382%
  • (237,000 / $62,000)
16Countrywide Home Loans 61 83%13%
  • 312%
  • (356,000 / $114,000)
  • 366%
  • (330,000 / $90,000)
17Hfc Company Llc 45 6%77%
  • 73%
  • (75,000 / $102,000)
  • 260%
  • (234,000 / $90,000)
18Wells Fargo Fin'l Minnesota 44 6%63%
  • 227%
  • (141,000 / $62,000)
  • 207%
  • (212,000 / $102,000)
19Genworth Mortgage Insurance Co 44 81%0%
  • 361%
  • (300,000 / $83,000)
0
20Beneficial Company Llc 44 2%88%
  • 50%
  • (45,000 / $90,000)
  • 255%
  • (222,000 / $87,000)

Webster, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,017
  2. Loan Applications Denied: 680
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 2,607
  5. % of Loan Applications Originated 64

Webster, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral12
Debt-to-income ratio9
Credit history8
Credit application incomplete3
Unverifiable information2

Webster, 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 - $100,000717 6220
$100,000 - $300,0002,732 6714
$300,000 - $500,000515 5323
$500,000 - $1,000,00052 3528
$1,000,000 - $1,500,0001 00

Webster, 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 - $100,0002,900 6417
$100,000 - $300,0001,046 6415
$300,000 - $500,00040 5720
$500,000 - $1,000,00026 697
$1,000,000 - $1,500,0003 330
$1,500,000 - $2,000,0001 1000
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Webster, 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%14565 18
30 - 60%22265 19
60 - 100%23562 15
100 - 200%82966 14
200 - 300%1,11967 15
300 - 400%82565 15
> 400%64255 23

Webster, 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 Dwelling3,800 6416
Not Owner-Occupied As A Principal Dwelling190 6717
Not Applicable12 5033

Home Owner Property Type Statistics in Webster, 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)3,735 6417
One To Four-Family256 772
Manufactured Housing26 2365
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