Top Wilma, MN Mortgage Lenders

RankWilma Mortgage LenderWilma Home Loans ProcessedWilma Home Loans ApprovedWilma Home Loans DeniedWilma Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWilma Mortgage Median LTR for Denied Loans
1Northview Bank 289 53%24%
  • 183%
  • (182,000 Loan / $99,000 Income)
  • 212%
  • (53,000 Loan / $25,000 Income)
2Lake State Federal Credit Unio 196 19%21%
  • 170%
  • (70,000 / $41,000)
  • 317%
  • (92,000 / $29,000)
3Wells Fargo Bank 175 53%18%
  • 187%
  • (135,000 / $72,000)
  • 154%
  • (88,000 / $57,000)
4Woodlands National Bank 100 32%38%
  • 149%
  • (208,000 / $139,000)
  • 242%
  • (114,000 / $47,000)
5Phh Mortgage Corporation 82 92%3%
  • 234%
  • (82,000 / $35,000)
  • 213%
  • (169,000 / $79,000)
6Jpmorgan Chase Bank 62 79%14%
  • 293%
  • (270,000 / $92,000)
  • 264%
  • (185,000 / $70,000)
7Us Bank 42 71%21%
  • 191%
  • (69,000 / $36,000)
  • 212%
  • (191,000 / $90,000)
8Citimortgage 42 64%14%
  • 225%
  • (72,000 / $32,000)
  • 258%
  • (80,000 / $31,000)
9Mortgage Guaranty Insurance Co 40 62%7%
  • 260%
  • (112,000 / $43,000)
  • 286%
  • (152,000 / $53,000)
10Bank Of America 37 67%21%
  • 150%
  • (125,000 / $83,000)
  • 224%
  • (204,000 / $91,000)
11Countrywide Bank Fsb 32 62%25%
  • 180%
  • (101,000 / $56,000)
  • 312%
  • (150,000 / $48,000)
12Wealthbridge Mortgage Corp. 28 71%21%
  • 235%
  • (132,000 / $56,000)
  • 295%
  • (59,000 / $20,000)
13Agstar Financial Services 28 57%17%
  • 162%
  • (60,000 / $37,000)
  • 201%
  • (105,000 / $52,000)
14Towne Mortgage Company 26 92%3%
  • 193%
  • (95,000 / $49,000)
  • 293%
  • (170,000 / $58,000)
15Embrace Home Loans, 25 8%48%
  • 597%
  • (233,000 / $39,000)
  • 400%
  • (160,000 / $40,000)
16Cmg Mortgage Insurance Co. 25 72%8%
  • 278%
  • (64,000 / $23,000)
  • 214%
  • (182,000 / $85,000)
17Beneficial Company Llc 25 12%76%
  • 222%
  • (220,000 / $99,000)
  • 265%
  • (170,000 / $64,000)
18Affinity Plus Federal Credit U 25 52%12%
  • 183%
  • (180,000 / $98,000)
  • 240%
  • (132,000 / $55,000)
19Us Bk Na Nd 24 41%50%
  • 116%
  • (65,000 / $56,000)
  • 114%
  • (40,000 / $35,000)
20Countrywide Home Loans 24 62%33%
  • 211%
  • (182,000 / $86,000)
  • 251%
  • (108,000 / $43,000)

Wilma, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,998
  2. Loan Applications Denied: 484
  3. % of Loan Applications Denied: 24
  4. # of Loan Originations: 1,026
  5. % of Loan Applications Originated 51

Wilma, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history17
Debt-to-income ratio13
Collateral13
Unverifiable information2
Credit application incomplete2

Wilma, 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 - $100,000791 5026
$100,000 - $300,0001,175 5122
$300,000 - $500,00029 4024
$500,000 - $1,000,0003 660

Wilma, 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 - $100,0001,687 4925
$100,000 - $300,000295 5420
$300,000 - $500,00012 7416
$500,000 - $1,000,0003 330
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Wilma, 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%4459 29
30 - 60%12252 27
60 - 100%17656 20
100 - 200%54954 21
200 - 300%57850 23
300 - 400%30350 21
> 400%22635 39

Wilma, 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 Dwelling1,721 4925
Not Owner-Occupied As A Principal Dwelling261 6218
Not Applicable4 500

Home Owner Property Type Statistics in Wilma, 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)1,757 5124
Manufactured Housing128 3935
One To Four-Family113 697
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