Top Whipholt, MN Mortgage Lenders

RankWhipholt Mortgage LenderWhipholt Home Loans ProcessedWhipholt Home Loans ApprovedWhipholt Home Loans DeniedWhipholt Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWhipholt Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,270 73%12%
  • 168%
  • (128,000 Loan / $76,000 Income)
  • 155%
  • (31,000 Loan / $20,000 Income)
2Us Bank 254 78%11%
  • 183%
  • (320,000 / $174,000)
  • 213%
  • (130,000 / $61,000)
3Jpmorgan Chase Bank 226 86%11%
  • 194%
  • (66,000 / $34,000)
  • 210%
  • (194,000 / $92,000)
4Bank Of America 150 82%10%
  • 196%
  • (165,000 / $84,000)
  • 213%
  • (177,000 / $83,000)
5Frandsen Bank & Trust 133 94%4%
  • 138%
  • (107,000 / $77,000)
  • 333%
  • (177,000 / $53,000)
6Us Bk Na Nd 99 53%30%
  • 105%
  • (71,000 / $67,000)
  • 171%
  • (103,000 / $60,000)
7Citizens Bank Minnesota 94 95%1%
  • 139%
  • (158,000 / $113,000)
  • 233%
  • (70,000 / $30,000)
8Affinity Plus Federal Credit U 92 70%2%
  • 141%
  • (200,000 / $141,000)
  • 138%
  • (217,000 / $157,000)
9F & M Community Bank 89 94%4%
  • 178%
  • (232,000 / $130,000)
  • 105%
  • (63,000 / $60,000)
10Bank Of The West 84 79%13%
  • 162%
  • (130,000 / $80,000)
  • 181%
  • (140,000 / $77,000)
11Wells Federal Bank 75 74%12%
  • 162%
  • (112,000 / $69,000)
  • 232%
  • (135,000 / $58,000)
12Quicken Loans 67 76%19%
  • 246%
  • (401,000 / $163,000)
  • 315%
  • (123,000 / $39,000)
13Agstar Financial Services 64 64%12%
  • 156%
  • (156,000 / $100,000)
  • 246%
  • (185,000 / $75,000)
14Merchants Bank 63 88%6%
  • 174%
  • (110,000 / $63,000)
  • 197%
  • (93,000 / $47,000)
15Mortgage Guaranty Insurance Co 62 83%8%
  • 178%
  • (114,000 / $64,000)
  • 214%
  • (176,000 / $82,000)
16Citimortgage 58 77%6%
  • 137%
  • (122,000 / $89,000)
  • 328%
  • (368,000 / $112,000)
17Alliance Bank 55 90%9%
  • 170%
  • (150,000 / $88,000)
  • 205%
  • (76,000 / $37,000)
18Citibank 53 52%15%
  • 133%
  • (72,000 / $54,000)
  • 171%
  • (242,000 / $141,000)
19Embrace Home Loans, 51 7%54%
  • 274%
  • (140,000 / $51,000)
  • 215%
  • (86,000 / $40,000)
20Wells Fargo Funding 49 100%0%
  • 152%
  • (191,000 / $125,000)
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Whipholt, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,863
  2. Loan Applications Denied: 657
  3. % of Loan Applications Denied: 13
  4. # of Loan Originations: 3,537
  5. % of Loan Applications Originated 72

Whipholt, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Debt-to-income ratio11
Credit history11
Credit application incomplete4
Unverifiable information1

Whipholt, 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 - $100,0001,732 6817
$100,000 - $300,0002,844 7411
$300,000 - $500,000268 7511
$500,000 - $1,000,00018 6622
$1,000,000 - $1,500,0001 0100

Whipholt, 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 - $100,0003,396 7015
$100,000 - $300,0001,337 7610
$300,000 - $500,00098 847
$500,000 - $1,000,00025 920
$1,000,000 - $1,500,0003 6633
$1,500,000 - $2,000,0002 1000
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Whipholt, 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%20666 22
30 - 60%27171 14
60 - 100%58777 11
100 - 200%1,74873 10
200 - 300%1,18973 13
300 - 400%57869 16
> 400%28458 24

Whipholt, 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 Dwelling4,004 7114
Not Owner-Occupied As A Principal Dwelling838 7611
Not Applicable3 1000

Home Owner Property Type Statistics in Whipholt, 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)4,609 7213
One To Four-Family188 823
Manufactured Housing66 5925
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