Top Woodrow, MN Mortgage Lenders

RankWoodrow Mortgage LenderWoodrow Home Loans ProcessedWoodrow Home Loans ApprovedWoodrow Home Loans DeniedWoodrow Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWoodrow Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 217 78%7%
  • 153%
  • (106,000 Loan / $69,000 Income)
  • 140%
  • (117,000 Loan / $83,000 Income)
2Us Bank 91 86%6%
  • 164%
  • (125,000 / $76,000)
  • 265%
  • (417,000 / $157,000)
3Jpmorgan Chase Bank 48 87%12%
  • 264%
  • (82,000 / $31,000)
  • 343%
  • (378,000 / $110,000)
4Countrywide Bank Fsb 27 66%3%
  • 236%
  • (333,000 / $141,000)
  • 313%
  • (313,000 / $100,000)
5Citimortgage 27 81%7%
  • 320%
  • (176,000 / $55,000)
  • 1129%
  • (576,000 / $51,000)
6Bank Of America 23 60%13%
  • 242%
  • (218,000 / $90,000)
  • 181%
  • (240,000 / $132,000)
7Countrywide Home Loans 20 80%20%
  • 190%
  • (228,000 / $120,000)
  • 256%
  • (555,000 / $216,000)
8Citibank 18 77%11%
  • 141%
  • (157,000 / $111,000)
  • 180%
  • (119,000 / $66,000)
9Wells Fargo Funding 16 93%0%
  • 164%
  • (417,000 / $254,000)
0
10Us Bk Na Nd 16 50%31%
  • 174%
  • (68,000 / $39,000)
  • 171%
  • (67,000 / $39,000)
11Liberty Savings Bank Fsb 15 100%0%
  • 159%
  • (300,000 / $188,000)
0
12Phh Mortgage Corporation 14 78%7%
  • 208%
  • (144,000 / $69,000)
  • 83%
  • (297,000 / $354,000)
13Mortgage Guaranty Insurance Co 12 66%16%
  • 267%
  • (359,000 / $134,000)
  • 368%
  • (291,000 / $79,000)
14Bremer Bank Na (St Cloud) 12 91%0%
  • 287%
  • (1,350,000 / $470,000)
0
15C.U. Mortgage Services, 11 90%0%
  • 253%
  • (165,000 / $65,000)
0
16Quicken Loans 10 80%20%
  • 199%
  • (275,000 / $138,000)
  • 664%
  • (259,000 / $39,000)
17Amtrust Bank 10 90%10%
  • 267%
  • (359,000 / $134,000)
  • 218%
  • (131,000 / $60,000)
18Affinity Plus Federal Credit U 10 90%0%
  • 141%
  • (154,000 / $109,000)
0
19Wells Fargo Fin'l Minnesota 9 0%44% 0
  • 242%
  • (34,000 / $14,000)
20Us Bank North Dakota 8 50%25%
  • 200%
  • (248,000 / $124,000)
  • 605%
  • (242,000 / $40,000)

Woodrow, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,052
  2. Loan Applications Denied: 121
  3. % of Loan Applications Denied: 11
  4. # of Loan Originations: 781
  5. % of Loan Applications Originated 74

Woodrow, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral14
Debt-to-income ratio13
Credit history7
Credit application incomplete6
Unverifiable information4

Woodrow, 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 - $100,000181 7110
$100,000 - $300,000686 7410
$300,000 - $500,000162 7711
$500,000 - $1,000,00018 3844
$1,000,000 - $1,500,0004 750
$1,500,000 - $2,000,0001 1000

Woodrow, 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 - $100,000517 6913
$100,000 - $300,000475 788
$300,000 - $500,00042 7511
$500,000 - $1,000,00018 5416

Loan to Income Ratios Research for Mortgage in Woodrow, 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%3154 19
30 - 60%4268 14
60 - 100%12675 8
100 - 200%40979 8
200 - 300%22976 7
300 - 400%10370 18
> 400%11256 22

Woodrow, MN Home Owner Occupancy Type Mortgage Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Not Owner-Occupied As A Principal Dwelling635 799
Owner-Occupied As A Principal Dwelling393 6516
Not Applicable3 1000

Home Owner Property Type Statistics in Woodrow, 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)1,006 7411
One To Four-Family30 7010
Manufactured Housing16 7512
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