Top Manhattan, NY FHA Mortgage Lenders

RankManhattan FHA Mortgage LenderManhattan FHA Home Loans ProcessedManhattan FHA Home Loans ApprovedManhattan FHA Home Loans DeniedManhattan FHA Mortgage Median Loan to Income Ratio (LTR) for Approved LoansManhattan Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 246 45%14%
  • 376%
  • (354,000 Loan / $94,000 Income)
  • 375%
  • (424,000 Loan / $113,000 Income)
2Bank Of America 213 43%37%
  • 328%
  • (479,000 / $146,000)
  • 395%
  • (249,000 / $63,000)
3Jpmorgan Chase Bank 130 24%64%
  • 367%
  • (690,000 / $188,000)
  • 375%
  • (646,000 / $172,000)
4Service Finance Company, Llc 61 1%83% 0
  • 14%
  • (4,000 / $27,000)
5Citimortgage 38 31%50%
  • 365%
  • (439,000 / $120,000)
  • 372%
  • (246,000 / $66,000)
6Metlife Bank 37 35%40%
  • 366%
  • (422,000 / $115,000)
  • 326%
  • (477,000 / $146,000)
7Real Estate Mortgage Network 33 66%9%
  • 410%
  • (686,000 / $167,000)
  • 394%
  • (928,000 / $235,000)
8Prospect Mortgage Llc 33 21%21%
  • 489%
  • (798,000 / $163,000)
  • 540%
  • (1,141,000 / $211,000)
9Wells Fargo Funding 28 100%0% 0 0
10New Day Financial, Llc 27 0%66% 0
  • 576%
  • (432,000 / $75,000)
11Countrywide Bank Fsb 23 30%47%
  • 245%
  • (270,000 / $110,000)
  • 393%
  • (1,421,000 / $361,000)
12Quicken Loans 21 4%76%
  • 242%
  • (252,000 / $104,000)
  • 320%
  • (346,000 / $108,000)
13M&T Bank 20 15%65%
  • 494%
  • (865,000 / $175,000)
  • 437%
  • (245,000 / $56,000)
14Td Bank N.A. 18 55%33% 0
  • 346%
  • (180,000 / $52,000)
15Residential Home Funding 18 33%33%
  • 421%
  • (409,000 / $97,000)
  • 550%
  • (682,000 / $124,000)
16Sterling National Mortgage Co. 13 84%0%
  • 438%
  • (403,000 / $92,000)
0
17Interstate Home Loan Ctr Inc 12 0%16% 0
  • 435%
  • (566,000 / $130,000)
18New Penn Financial 11 27%18%
  • 514%
  • (695,000 / $135,000)
  • 507%
  • (838,000 / $165,000)
19Citibank 11 45%18%
  • 349%
  • (444,000 / $127,000)
  • 538%
  • (845,000 / $157,000)
20Wcs Lending, Llc 10 70%10%
  • 494%
  • (455,000 / $92,000)
  • 464%
  • (1,360,000 / $293,000)

Manhattan, NY FHA Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,390
  2. Loan Applications Denied: 496
  3. % of Loan Applications Denied: 35
  4. # of Loan Originations: 493
  5. % of Loan Applications Originated 35

Manhattan, NY FHA Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Debt-to-income ratio24
Collateral19
Credit history14
Credit application incomplete12
Unverifiable information5

Manhattan, NY FHA Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,00075 380
$100,000 - $300,000194 3338
$300,000 - $500,000407 4226
$500,000 - $1,000,000609 3536
$1,000,000 - $1,500,000104 2833
$1,500,000 - $2,000,0001 00

Manhattan, NY FHA Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000431 2845
$100,000 - $300,000844 3931
$300,000 - $500,00076 2634
$500,000 - $1,000,00032 2431
$1,000,000 - $1,500,0005 2020
$1,500,000 - $2,000,0001 0100
> $2,000,0001 00

Loan to Income Ratios Research for FHA Mortgage in Manhattan, NY

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%572 80
30 - 60%1612 43
60 - 100%2118 38
100 - 200%9826 32
200 - 300%24037 32
300 - 400%37040 29
> 400%58836 36

Manhattan, NY Home Owner Occupancy Type FHA Mortgage Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling1,385 3535
Not Owner-Occupied As A Principal Dwelling5 060

Home Owner Property Type Statistics in Manhattan, NY for FHA 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)1,390 3535
More Manhattan, NY Mortgage Research: