Top Wilson, MN Mortgage Lenders

RankWilson Mortgage LenderWilson Home Loans ProcessedWilson Home Loans ApprovedWilson Home Loans DeniedWilson Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWilson Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 672 58%20%
  • 183%
  • (55,000 Loan / $30,000 Income)
  • 193%
  • (316,000 Loan / $163,000 Income)
2Merchants Bank 477 78%4%
  • 209%
  • (149,000 / $71,000)
  • 268%
  • (94,000 / $35,000)
3Altra Federal Credit Union 377 79%6%
  • 172%
  • (43,000 / $25,000)
  • 139%
  • (46,000 / $33,000)
4Affinity Plus Federal Credit U 332 62%3%
  • 121%
  • (40,000 / $33,000)
  • 298%
  • (194,000 / $65,000)
5Eastwood Bank 270 77%8%
  • 223%
  • (85,000 / $38,000)
  • 257%
  • (165,000 / $64,000)
6Home Federal Savings Bank 210 61%14%
  • 188%
  • (166,000 / $88,000)
  • 216%
  • (171,000 / $79,000)
7United Guaranty Corporation 207 88%1%
  • 253%
  • (162,000 / $64,000)
  • 301%
  • (175,000 / $58,000)
8Genworth Mortgage Insurance Co 105 76%5%
  • 282%
  • (116,000 / $41,000)
  • 275%
  • (124,000 / $45,000)
9Associated Bank 83 60%18%
  • 177%
  • (103,000 / $58,000)
  • 147%
  • (75,000 / $51,000)
10Mortgage Guaranty Insurance Co 59 74%6%
  • 248%
  • (117,000 / $47,000)
  • 262%
  • (84,000 / $32,000)
11Beneficial Company Llc 54 5%90%
  • 198%
  • (121,000 / $61,000)
  • 253%
  • (210,000 / $83,000)
12Countrywide Bank Fsb 51 66%17%
  • 229%
  • (71,000 / $31,000)
  • 341%
  • (417,000 / $122,000)
13Citimortgage 51 90%3%
  • 255%
  • (174,000 / $68,000)
  • 616%
  • (376,000 / $61,000)
14Cmg Mortgage Insurance Co. 49 93%2%
  • 240%
  • (77,000 / $32,000)
  • 610%
  • (531,000 / $87,000)
15Agstar Financial Services 41 51%7%
  • 177%
  • (64,000 / $36,000)
  • 208%
  • (200,000 / $96,000)
16Countrywide Home Loans 39 61%15%
  • 244%
  • (120,000 / $49,000)
  • 215%
  • (97,000 / $45,000)
17Citifinancial Services Inc 38 23%44%
  • 184%
  • (81,000 / $44,000)
  • 267%
  • (115,000 / $43,000)
18Wells Fargo Fin'l Minnesota 37 16%48%
  • 255%
  • (133,000 / $52,000)
  • 120%
  • (30,000 / $25,000)
19Jpmorgan Chase Bank 35 80%14%
  • 227%
  • (150,000 / $66,000)
  • 80%
  • (50,000 / $62,000)
20Republic Mortgage Insurance Co 31 83%0%
  • 277%
  • (136,000 / $49,000)
0

Wilson, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,170
  2. Loan Applications Denied: 592
  3. % of Loan Applications Denied: 14
  4. # of Loan Originations: 2,752
  5. % of Loan Applications Originated 65

Wilson, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history7
Debt-to-income ratio5
Collateral5
Credit application incomplete1
Mortgage insurance denied0

Wilson, 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 - $100,0001,431 6515
$100,000 - $300,0002,579 6513
$300,000 - $500,000150 5618
$500,000 - $1,000,0008 4925
$1,000,000 - $1,500,0001 1000
$1,500,000 - $2,000,0001 1000

Wilson, 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 - $100,0003,487 6415
$100,000 - $300,000662 718
$300,000 - $500,00012 758
$500,000 - $1,000,0004 5025
$1,000,000 - $1,500,0003 660
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Wilson, 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%20569 13
30 - 60%29265 17
60 - 100%29865 15
100 - 200%1,11371 9
200 - 300%1,24066 12
300 - 400%62060 16
> 400%40251 24

Wilson, 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 Dwelling3,995 6514
Not Owner-Occupied As A Principal Dwelling161 6614
Not Applicable6 5016

Home Owner Property Type Statistics in Wilson, 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)3,583 6315
One To Four-Family489 852
Manufactured Housing98 5134
More Wilson, MN Mortgage Research: