Top Wheeling, MN Mortgage Lenders

RankWheeling Mortgage LenderWheeling Home Loans ProcessedWheeling Home Loans ApprovedWheeling Home Loans DeniedWheeling Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWheeling Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 629 61%14%
  • 232%
  • (244,000 Loan / $105,000 Income)
  • 210%
  • (378,000 Loan / $180,000 Income)
2Affinity Plus Federal Credit U 125 73%3%
  • 140%
  • (122,000 / $87,000)
  • 380%
  • (95,000 / $25,000)
3Agstar Financial Services 116 59%7%
  • 251%
  • (166,000 / $66,000)
  • 397%
  • (151,000 / $38,000)
4Jpmorgan Chase Bank 112 77%19%
  • 268%
  • (252,000 / $94,000)
  • 278%
  • (256,000 / $92,000)
5Frandsen Bank & Trust 92 82%8%
  • 222%
  • (118,000 / $53,000)
  • 314%
  • (176,000 / $56,000)
6Wells Fargo Funding 78 97%1%
  • 370%
  • (152,000 / $41,000)
  • 228%
  • (174,000 / $76,000)
7Citimortgage 73 79%12%
  • 246%
  • (224,000 / $91,000)
  • 205%
  • (183,000 / $89,000)
8Dhi Mortgage Company Limited 71 78%8%
  • 263%
  • (158,000 / $60,000)
  • 345%
  • (207,000 / $60,000)
9Countrywide Bank Fsb 68 66%20%
  • 303%
  • (303,000 / $100,000)
  • 365%
  • (417,000 / $114,000)
10Community Resource Bank 67 77%8%
  • 186%
  • (192,000 / $103,000)
  • 238%
  • (200,000 / $84,000)
11Bank Of America 52 65%19%
  • 279%
  • (246,000 / $88,000)
  • 261%
  • (144,000 / $55,000)
12Citibank 50 70%10%
  • 103%
  • (109,000 / $105,000)
  • 190%
  • (225,000 / $118,000)
13Us Bank 42 69%14%
  • 232%
  • (242,000 / $104,000)
  • 507%
  • (274,000 / $54,000)
14Mortgage Guaranty Insurance Co 35 65%8%
  • 265%
  • (228,000 / $86,000)
  • 336%
  • (310,000 / $92,000)
15Countrywide Home Loans 32 81%18%
  • 312%
  • (356,000 / $114,000)
  • 350%
  • (350,000 / $100,000)
16Genworth Mortgage Insurance Co 31 51%3%
  • 321%
  • (366,000 / $114,000)
  • 187%
  • (176,000 / $94,000)
17Citizens National Bank 23 91%8%
  • 95%
  • (40,000 / $42,000)
  • 513%
  • (385,000 / $75,000)
18Beneficial Company Llc 23 0%95% 0
  • 177%
  • (147,000 / $83,000)
19Quicken Loans 22 59%40%
  • 258%
  • (155,000 / $60,000)
  • 315%
  • (243,000 / $77,000)
20Wells Fargo Fin'l Minnesota 21 9%52%
  • 429%
  • (352,000 / $82,000)
  • 90%
  • (88,000 / $97,000)

Wheeling, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 2,731
  2. Loan Applications Denied: 445
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 1,724
  5. % of Loan Applications Originated 63

Wheeling, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio9
Credit history7
Credit application incomplete4
Unverifiable information3

Wheeling, 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 - $100,000494 6019
$100,000 - $300,0001,800 6614
$300,000 - $500,000403 5121
$500,000 - $1,000,00033 4521
$1,000,000 - $1,500,0001 00

Wheeling, 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 - $100,0001,882 6117
$100,000 - $300,000801 6513
$300,000 - $500,00030 5920
$500,000 - $1,000,00012 910
$1,000,000 - $1,500,0004 500
$1,500,000 - $2,000,0001 1000
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Wheeling, 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%11166 18
30 - 60%15063 16
60 - 100%15458 18
100 - 200%58866 12
200 - 300%79065 14
300 - 400%54565 14
> 400%39347 26

Wheeling, 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 Dwelling2,597 6316
Not Owner-Occupied As A Principal Dwelling123 6318
Not Applicable6 660

Home Owner Property Type Statistics in Wheeling, 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)2,550 6216
One To Four-Family147 733
Manufactured Housing34 4132
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