Top Winona, MN Mortgage Lenders

RankWinona Mortgage LenderWinona Home Loans ProcessedWinona Home Loans ApprovedWinona Home Loans DeniedWinona Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWinona Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 8,214 61%16%
  • 207%
  • (160,000 Loan / $77,000 Income)
  • 193%
  • (316,000 Loan / $163,000 Income)
2Affinity Plus Federal Credit U 1,770 65%6%
  • 104%
  • (65,000 / $62,000)
  • 244%
  • (88,000 / $36,000)
3Countrywide Bank Fsb 1,665 69%18%
  • 222%
  • (140,000 / $63,000)
  • 278%
  • (103,000 / $37,000)
4Jpmorgan Chase Bank 1,460 78%17%
  • 254%
  • (107,000 / $42,000)
  • 236%
  • (130,000 / $55,000)
5Citimortgage 1,448 75%9%
  • 229%
  • (360,000 / $157,000)
  • 274%
  • (170,000 / $62,000)
6Genworth Mortgage Insurance Co 1,082 63%2%
  • 266%
  • (80,000 / $30,000)
  • 225%
  • (79,000 / $35,000)
7Us Bank 1,076 76%13%
  • 228%
  • (105,000 / $46,000)
  • 258%
  • (124,000 / $48,000)
8Mortgage Guaranty Insurance Co 1,048 72%7%
  • 262%
  • (84,000 / $32,000)
  • 239%
  • (175,000 / $73,000)
9Countrywide Home Loans 1,007 79%14%
  • 244%
  • (120,000 / $49,000)
  • 241%
  • (70,000 / $29,000)
10Beneficial Company Llc 989 6%76%
  • 152%
  • (213,000 / $140,000)
  • 230%
  • (175,000 / $76,000)
11United Guaranty Corporation 831 80%3%
  • 256%
  • (277,000 / $108,000)
  • 249%
  • (157,000 / $63,000)
12Bank Of America 795 71%17%
  • 218%
  • (142,000 / $65,000)
  • 263%
  • (87,000 / $33,000)
13Merchants Bank 717 78%5%
  • 209%
  • (65,000 / $31,000)
  • 240%
  • (125,000 / $52,000)
14Wells Fargo Fin'l Minnesota 646 17%52%
  • 242%
  • (289,000 / $119,000)
  • 207%
  • (212,000 / $102,000)
15Us Bank North Dakota 617 33%41%
  • 102%
  • (82,000 / $80,000)
  • 154%
  • (204,000 / $132,000)
16Wells Fargo Funding 583 99%0%
  • 204%
  • (200,000 / $98,000)
  • 228%
  • (174,000 / $76,000)
17Citibank 576 77%16%
  • 60%
  • (39,000 / $64,000)
  • 72%
  • (60,000 / $83,000)
18Altra Federal Credit Union 511 77%8%
  • 162%
  • (122,000 / $75,000)
  • 162%
  • (179,000 / $110,000)
19Citifinancial Services Inc 502 32%43%
  • 190%
  • (120,000 / $63,000)
  • 180%
  • (155,000 / $86,000)
20Phh Mortgage Corporation 484 86%3%
  • 239%
  • (175,000 / $73,000)
  • 187%
  • (176,000 / $94,000)

Winona, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 47,064
  2. Loan Applications Denied: 8,822
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 29,252
  5. % of Loan Applications Originated 62

Winona, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral9
Credit history8
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Winona, 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 - $100,00016,651 6020
$100,000 - $300,00028,129 6217
$300,000 - $500,0002,122 5620
$500,000 - $1,000,000153 4928
$1,000,000 - $1,500,0004 1000
$1,500,000 - $2,000,0002 1000
> $2,000,0003 3366

Winona, 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 - $100,00039,252 6019
$100,000 - $300,0007,249 6614
$300,000 - $500,000364 6815
$500,000 - $1,000,000150 6615
$1,000,000 - $1,500,00030 666
$1,500,000 - $2,000,0005 800
> $2,000,00014 5735

Loan to Income Ratios Research for Mortgage in Winona, 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%2,16161 22
30 - 60%2,99962 20
60 - 100%3,69861 19
100 - 200%11,90964 15
200 - 300%13,23462 17
300 - 400%7,94261 18
> 400%5,12150 27

Winona, 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 Dwelling43,016 6119
Not Owner-Occupied As A Principal Dwelling3,676 6914
Not Applicable79 5424

Home Owner Property Type Statistics in Winona, 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)41,320 6120
One To Four-Family4,510 743
Manufactured Housing1,234 5031
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