Top Wrenshall, MN Mortgage Lenders

RankWrenshall Mortgage LenderWrenshall Home Loans ProcessedWrenshall Home Loans ApprovedWrenshall Home Loans DeniedWrenshall Mortgage Median Loan to Income Ratio (LTR) for Approved LoansWrenshall Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,588 63%17%
  • 198%
  • (214,000 Loan / $108,000 Income)
  • 154%
  • (150,000 Loan / $97,000 Income)
2Countrywide Bank Fsb 337 70%17%
  • 232%
  • (221,000 / $95,000)
  • 282%
  • (164,000 / $58,000)
3Citimortgage 303 74%8%
  • 233%
  • (208,000 / $89,000)
  • 243%
  • (124,000 / $51,000)
4Affinity Plus Federal Credit U 297 64%5%
  • 115%
  • (68,000 / $59,000)
  • 210%
  • (145,000 / $69,000)
5Jpmorgan Chase Bank 252 75%22%
  • 238%
  • (100,000 / $42,000)
  • 235%
  • (160,000 / $68,000)
6Us Bank 250 76%14%
  • 236%
  • (118,000 / $50,000)
  • 259%
  • (174,000 / $67,000)
7Beneficial Company Llc 229 5%77%
  • 165%
  • (71,000 / $43,000)
  • 235%
  • (125,000 / $53,000)
8Countrywide Home Loans 204 75%18%
  • 211%
  • (108,000 / $51,000)
  • 233%
  • (124,000 / $53,000)
9Mortgage Guaranty Insurance Co 200 73%8%
  • 253%
  • (160,000 / $63,000)
  • 286%
  • (132,000 / $46,000)
10Genworth Mortgage Insurance Co 197 60%6%
  • 274%
  • (250,000 / $91,000)
  • 187%
  • (176,000 / $94,000)
11Members Cooperative Credit Uni 155 82%8%
  • 85%
  • (35,000 / $41,000)
  • 179%
  • (124,000 / $69,000)
12Bank Of America 148 66%18%
  • 251%
  • (166,000 / $66,000)
  • 216%
  • (147,000 / $68,000)
13Wells Fargo Fin'l Minnesota 140 18%48%
  • 245%
  • (108,000 / $44,000)
  • 215%
  • (140,000 / $65,000)
14Agstar Financial Services 136 61%9%
  • 244%
  • (122,000 / $50,000)
  • 284%
  • (165,000 / $58,000)
15North Shore Bank Of Commerce 133 81%11%
  • 224%
  • (251,000 / $112,000)
  • 243%
  • (100,000 / $41,000)
16United Guaranty Corporation 126 76%5%
  • 258%
  • (334,000 / $129,000)
  • 323%
  • (149,000 / $46,000)
17Phh Mortgage Corporation 121 85%3%
  • 250%
  • (60,000 / $24,000)
  • 270%
  • (130,000 / $48,000)
18Northwoods Bank Of Minnesota 119 89%5%
  • 155%
  • (90,000 / $58,000)
  • 117%
  • (232,000 / $198,000)
19Us Bank North Dakota 108 36%37%
  • 111%
  • (150,000 / $135,000)
  • 242%
  • (68,000 / $28,000)
20Embrace Home Loans, 106 13%46%
  • 185%
  • (176,000 / $95,000)
  • 257%
  • (178,000 / $69,000)

Wrenshall, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 9,254
  2. Loan Applications Denied: 1,859
  3. % of Loan Applications Denied: 20
  4. # of Loan Originations: 5,678
  5. % of Loan Applications Originated 61

Wrenshall, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral11
Credit history9
Debt-to-income ratio6
Credit application incomplete2
Unverifiable information1

Wrenshall, 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 - $100,0003,313 6121
$100,000 - $300,0005,536 6119
$300,000 - $500,000385 5520
$500,000 - $1,000,00018 4333
$1,000,000 - $1,500,0001 1000
> $2,000,0001 0100

Wrenshall, 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 - $100,0007,789 5921
$100,000 - $300,0001,371 6713
$300,000 - $500,00062 7114
$500,000 - $1,000,00025 7212
$1,000,000 - $1,500,0004 750
> $2,000,0003 0100

Loan to Income Ratios Research for Mortgage in Wrenshall, 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%37961 24
30 - 60%55964 19
60 - 100%70860 20
100 - 200%2,46165 16
200 - 300%2,65159 19
300 - 400%1,51762 19
> 400%97946 30

Wrenshall, 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 Dwelling8,466 6020
Not Owner-Occupied As A Principal Dwelling699 7212
Not Applicable16 4312

Home Owner Property Type Statistics in Wrenshall, 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)8,125 6021
One To Four-Family828 725
Manufactured Housing301 5428
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