Top Armada, NE Mortgage Lenders

RankArmada Mortgage LenderArmada Home Loans ProcessedArmada Home Loans ApprovedArmada Home Loans DeniedArmada Mortgage Median Loan to Income Ratio (LTR) for Approved LoansArmada Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 93 56%20%
  • 156%
  • (138,000 Loan / $88,000 Income)
  • 100%
  • (20,000 Loan / $20,000 Income)
2Tierone Bank 77 85%11%
  • 170%
  • (46,000 / $27,000)
  • 158%
  • (79,000 / $50,000)
3West Gate Bank 39 97%2%
  • 179%
  • (113,000 / $63,000)
  • 92%
  • (115,000 / $125,000)
4Embrace Home Loans, 36 11%36%
  • 220%
  • (88,000 / $40,000)
  • 170%
  • (51,000 / $30,000)
5Farmers And Merchants Bank 35 82%2%
  • 201%
  • (189,000 / $94,000)
  • 196%
  • (57,000 / $29,000)
6Central National Bank 35 97%2%
  • 196%
  • (53,000 / $27,000)
  • 223%
  • (179,000 / $80,000)
7Great Western Bank 34 76%11%
  • 175%
  • (182,000 / $104,000)
  • 176%
  • (115,000 / $65,000)
8Beneficial Company Llc 30 16%76%
  • 118%
  • (51,000 / $43,000)
  • 129%
  • (75,000 / $58,000)
9Republic Mortgage Insurance Co 28 75%7%
  • 222%
  • (149,000 / $67,000)
  • 315%
  • (123,000 / $39,000)
10First National Bank Of Omaha 28 78%3%
  • 147%
  • (143,000 / $97,000)
  • 413%
  • (120,000 / $29,000)
11Citifinancial, 26 19%46%
  • 242%
  • (34,000 / $14,000)
  • 116%
  • (42,000 / $36,000)
12Bank Of The West 25 52%40%
  • 112%
  • (63,000 / $56,000)
  • 253%
  • (193,000 / $76,000)
13Mortgage Guaranty Insurance Co 24 70%12%
  • 172%
  • (133,000 / $77,000)
  • 315%
  • (123,000 / $39,000)
14Us Bank 21 71%19%
  • 188%
  • (85,000 / $45,000)
  • 122%
  • (65,000 / $53,000)
15Genworth Mortgage Insurance Co 17 58%5%
  • 164%
  • (135,000 / $82,000)
  • 165%
  • (146,000 / $88,000)
16Farm Credit Services Of Americ 16 93%6%
  • 128%
  • (100,000 / $78,000)
  • 148%
  • (40,000 / $27,000)
17Wells Fargo Fin'l Nebraska,Inc 14 7%50%
  • 147%
  • (75,000 / $51,000)
  • 162%
  • (70,000 / $43,000)
18Quicken Loans 14 50%42%
  • 210%
  • (139,000 / $66,000)
  • 184%
  • (122,000 / $66,000)
19Union Bank & Trust Company 12 58%25%
  • 52%
  • (38,000 / $73,000)
  • 27%
  • (16,000 / $58,000)
20Wells Fargo Funding 11 100%0% 0 0

Armada, NE Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 876
  2. Loan Applications Denied: 199
  3. % of Loan Applications Denied: 22
  4. # of Loan Originations: 534
  5. % of Loan Applications Originated 60

Armada, NE Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history11
Collateral10
Debt-to-income ratio3
Unverifiable information2
Employment history1

Armada, NE Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000488 5327
$100,000 - $300,000379 6915
$300,000 - $500,0006 5033
$500,000 - $1,000,0003 3366

Armada, NE Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000780 5823
$100,000 - $300,00090 7612
$300,000 - $500,0004 5025
$500,000 - $1,000,0002 0100

Loan to Income Ratios Research for Mortgage in Armada, NE

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%5152 35
30 - 60%5052 34
60 - 100%8550 27
100 - 200%38762 18
200 - 300%17967 17
300 - 400%7763 24
> 400%4748 38

Armada, NE 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 Dwelling852 6122
Not Owner-Occupied As A Principal Dwelling21 4238
Not Applicable1 00

Home Owner Property Type Statistics in Armada, NE 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)758 6023
One To Four-Family83 717
Manufactured Housing35 4842
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