Top Westford, MN Mortgage Lenders

RankWestford Mortgage LenderWestford Home Loans ProcessedWestford Home Loans ApprovedWestford Home Loans DeniedWestford Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWestford Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 82 53%24%
  • 127%
  • (60,000 Loan / $47,000 Income)
  • 164%
  • (107,000 Loan / $65,000 Income)
2Agstar Financial Services 39 69%5%
  • 230%
  • (150,000 / $65,000)
  • 185%
  • (52,000 / $28,000)
3Wells Federal Bank 28 57%28%
  • 160%
  • (160,000 / $100,000)
  • 166%
  • (50,000 / $30,000)
4Us Bank North Dakota 17 58%41%
  • 125%
  • (34,000 / $27,000)
  • 183%
  • (136,000 / $74,000)
5Mortgage Guaranty Insurance Co 15 60%13%
  • 158%
  • (160,000 / $101,000)
  • 37%
  • (47,000 / $126,000)
6Countrywide Home Loans 13 84%15%
  • 275%
  • (154,000 / $56,000)
  • 224%
  • (56,000 / $25,000)
7Citimortgage 13 84%15%
  • 196%
  • (61,000 / $31,000)
  • 214%
  • (58,000 / $27,000)
8Citifinancial Services Inc 12 16%66%
  • 222%
  • (40,000 / $18,000)
  • 144%
  • (101,000 / $70,000)
9Countrywide Bank Fsb 11 90%9%
  • 132%
  • (86,000 / $65,000)
  • 202%
  • (97,000 / $48,000)
10Jpmorgan Chase Bank 10 40%30%
  • 133%
  • (48,000 / $36,000)
  • 172%
  • (107,000 / $62,000)
11Hfc Company Llc 9 0%88% 0
  • 137%
  • (85,000 / $62,000)
12Wells Fargo Fin'l Minnesota 8 62%12%
  • 180%
  • (85,000 / $47,000)
  • 400%
  • (72,000 / $18,000)
13Embrace Home Loans, 8 0%50% 0
  • 246%
  • (158,000 / $64,000)
14Bank Of America 8 62%25%
  • 109%
  • (46,000 / $42,000)
  • 146%
  • (85,000 / $58,000)
15Genworth Mortgage Insurance Co 7 57%0%
  • 286%
  • (63,000 / $22,000)
0
16Beneficial Company Llc 7 0%100% 0
  • 113%
  • (98,000 / $86,000)
17Us Bank 6 50%33%
  • 130%
  • (94,000 / $72,000)
  • 385%
  • (189,000 / $49,000)
18Republic Mortgage Insurance Co 6 50%16%
  • 144%
  • (55,000 / $38,000)
  • 32%
  • (47,000 / $143,000)
19E-Loan Inc 6 16%66%
  • 393%
  • (63,000 / $16,000)
  • 84%
  • (21,000 / $25,000)
20United Guaranty Corporation 5 60%0%
  • 200%
  • (82,000 / $41,000)
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Westford, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 438
  2. Loan Applications Denied: 122
  3. % of Loan Applications Denied: 27
  4. # of Loan Originations: 230
  5. % of Loan Applications Originated 52

Westford, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history17
Collateral11
Debt-to-income ratio9
Unverifiable information0
Insufficient cash (downpayment, closing costs)0

Westford, 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 - $100,000286 4931
$100,000 - $300,000152 5721

Westford, 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 - $100,000399 5128
$100,000 - $300,00037 6116
$300,000 - $500,0001 0100
$500,000 - $1,000,0001 0100

Loan to Income Ratios Research for Mortgage in Westford, 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%1662 37
30 - 60%4135 29
60 - 100%6154 32
100 - 200%16958 25
200 - 300%8546 23
300 - 400%4555 26
> 400%2123 42

Westford, 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 Dwelling422 5227
Not Owner-Occupied As A Principal Dwelling11 6318

Home Owner Property Type Statistics in Westford, 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)396 5229
One To Four-Family40 607
Manufactured Housing2 0100
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