Top Manhattan, NY FHA Mortgage Refinance Lenders

RankManhattan FHA Mortgage LenderManhattan FHA Home Refinance Loans ProcessedManhattan FHA Home Refinance Loans ApprovedManhattan FHA Home Refinance Loans DeniedManhattan FHA Mortgage Refinance Median Loan to Income Ratio (LTR) for Approved LoansManhattan FHA Mortgage Refinance Median LTR for Denied Loans
1Jpmorgan Chase Bank 66 9%75% 0
  • 375%
  • (646,000 Loan / $172,000 Income)
2Bank Of America 64 32%46%
  • 302%
  • (629,000 / $208,000)
  • 361%
  • (188,000 / $52,000)
3Wells Fargo Bank 51 5%25%
  • 455%
  • (1,212,000 / $266,000)
  • 325%
  • (650,000 / $200,000)
4New Day Financial, Llc 27 0%66% 0
  • 576%
  • (432,000 / $75,000)
5Countrywide Bank Fsb 16 25%50%
  • 245%
  • (270,000 / $110,000)
  • 424%
  • (446,000 / $105,000)
6Quicken Loans 15 6%80%
  • 242%
  • (252,000 / $104,000)
  • 307%
  • (508,000 / $165,000)
7Interstate Home Loan Ctr Inc 12 0%16% 0
  • 435%
  • (566,000 / $130,000)
8Wells Fargo Funding 9 100%0% 0 0
9Home Loan Center 9 0%11% 0
  • 500%
  • (625,000 / $125,000)
10First Residential Mortgage 9 0%100% 0
  • 446%
  • (268,000 / $60,000)
11Citimortgage 8 12%75% 0
  • 405%
  • (385,000 / $95,000)
12Residential Home Funding 6 33%33%
  • 421%
  • (409,000 / $97,000)
  • 550%
  • (682,000 / $124,000)
13Real Estate Mortgage Network 6 66%0%
  • 507%
  • (330,000 / $65,000)
0
14New Penn Financial 6 0%16% 0
  • 307%
  • (609,000 / $198,000)
15Franklin First Financial, Ltd 6 33%16%
  • 467%
  • (313,000 / $67,000)
  • 373%
  • (295,000 / $79,000)
16Vanguard Funding Llc 5 20%40%
  • 371%
  • (1,101,000 / $296,000)
  • 540%
  • (1,129,000 / $209,000)
17The Money Source 5 20%60%
  • 624%
  • (743,000 / $119,000)
  • 396%
  • (206,000 / $52,000)
18Sterling National Mortgage Co. 5 80%0%
  • 530%
  • (669,000 / $126,000)
0
19Freedom Mortgage Corp. 5 20%60%
  • 311%
  • (315,000 / $101,000)
  • 425%
  • (774,000 / $182,000)
20Embrace Home Loans, 5 0%40% 0
  • 841%
  • (404,000 / $48,000)

Manhattan, NY FHA Mortgage Refinance Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 485
  2. Loan Applications Denied: 222
  3. % of Loan Applications Denied: 45
  4. # of Loan Originations: 110
  5. % of Loan Applications Originated 22

Manhattan, NY FHA Home Loan Refinance Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral28
Credit application incomplete17
Debt-to-income ratio15
Credit history9
Unverifiable information7

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

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0007 057
$100,000 - $300,00086 2838
$300,000 - $500,000137 2135
$500,000 - $1,000,000227 1954
$1,000,000 - $1,500,00027 3351
$1,500,000 - $2,000,0001 00

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

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000161 2640
$100,000 - $300,000285 2148
$300,000 - $500,00027 1440
$500,000 - $1,000,00011 954
$1,000,000 - $1,500,0001 00

Loan to Income Ratios Research for FHA Mortgage Refinance 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
30 - 60%425 0
60 - 100%80 62
100 - 200%446 45
200 - 300%9221 46
300 - 400%12521 42
> 400%21226 47

Manhattan, NY Home Owner Occupancy Type FHA Mortgage Refinance Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling482 2245
Not Owner-Occupied As A Principal Dwelling3 066

Home Owner Property Type Statistics in Manhattan, NY for FHA Home Loan Refinance

Property Type Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
One-To-Four Family Dwelling (Other Than Manufactured Housing)485 2245
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