Top Westerheim, MN Mortgage Lenders

RankWesterheim Mortgage LenderWesterheim Home Loans ProcessedWesterheim Home Loans ApprovedWesterheim Home Loans DeniedWesterheim Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWesterheim Mortgage Median LTR for Denied Loans
1Bank Of The West 147 83%11%
  • 122%
  • (119,000 Loan / $97,000 Income)
  • 32%
  • (13,000 Loan / $40,000 Income)
2Wells Fargo Bank 125 65%14%
  • 171%
  • (122,000 / $71,000)
  • 136%
  • (63,000 / $46,000)
3Jpmorgan Chase Bank 45 88%11%
  • 240%
  • (125,000 / $52,000)
  • 93%
  • (115,000 / $123,000)
4Genworth Mortgage Insurance Co 32 53%0%
  • 167%
  • (114,000 / $68,000)
0
5Bremer Bank Na (Willmar) 24 91%0%
  • 185%
  • (130,000 / $70,000)
0
6Beneficial Company Llc 24 16%66%
  • 245%
  • (145,000 / $59,000)
  • 225%
  • (270,000 / $120,000)
7Mortgage Guaranty Insurance Co 18 77%5%
  • 221%
  • (62,000 / $28,000)
  • 132%
  • (119,000 / $90,000)
8Citimortgage 14 100%0% 0 0
9Us Bank 13 84%7%
  • 148%
  • (114,000 / $77,000)
  • 225%
  • (140,000 / $62,000)
10Merchants Bank 12 83%16%
  • 203%
  • (130,000 / $64,000)
  • 176%
  • (81,000 / $46,000)
11Countrywide Bank Fsb 12 91%8%
  • 128%
  • (77,000 / $60,000)
  • 407%
  • (114,000 / $28,000)
12Wells Fargo Fin'l Minnesota 11 18%36%
  • 172%
  • (38,000 / $22,000)
  • 285%
  • (120,000 / $42,000)
13United Guaranty Corporation 9 77%22%
  • 222%
  • (165,000 / $74,000)
  • 605%
  • (309,000 / $51,000)
14Hfc Company Llc 8 12%50%
  • 108%
  • (89,000 / $82,000)
  • 171%
  • (175,000 / $102,000)
15Gmac Mortgage Llc 8 0%37% 0
  • 184%
  • (70,000 / $38,000)
16Citibank 8 87%12%
  • 178%
  • (118,000 / $66,000)
  • 160%
  • (112,000 / $70,000)
17Home Loan Investment Bank 7 0%57% 0
  • 480%
  • (96,000 / $20,000)
18State Farm Bank 6 16%0%
  • 259%
  • (171,000 / $66,000)
0
19Quicken Loans 6 66%16%
  • 326%
  • (85,000 / $26,000)
  • 205%
  • (251,000 / $122,000)
20Minnwest Mortgage Corporation 6 83%0%
  • 307%
  • (117,000 / $38,000)
0

Westerheim, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 701
  2. Loan Applications Denied: 122
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 459
  5. % of Loan Applications Originated 65

Westerheim, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history9
Debt-to-income ratio6
Collateral6
Credit application incomplete1
Mortgage insurance denied0

Westerheim, 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 - $100,000370 6419
$100,000 - $300,000318 6914
$300,000 - $500,00013 723

Westerheim, 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 - $100,000594 6416
$100,000 - $300,000103 6121
$300,000 - $500,0002 1000
$500,000 - $1,000,0002 1000

Loan to Income Ratios Research for Mortgage in Westerheim, 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%4660 26
30 - 60%4963 24
60 - 100%6761 13
100 - 200%25168 15
200 - 300%17374 12
300 - 400%7355 20
> 400%4232 30

Westerheim, 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 Dwelling680 6417
Not Owner-Occupied As A Principal Dwelling21 904

Home Owner Property Type Statistics in Westerheim, 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)624 6518
One To Four-Family70 675
Manufactured Housing7 1471
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