Top Claunch, NM Mortgage Lenders

RankClaunch Mortgage LenderClaunch Home Loans ProcessedClaunch Home Loans ApprovedClaunch Home Loans DeniedClaunch Mortgage Median Loan to Income Ratio (LTR) for Approved LoansClaunch Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 93 30%47%
  • 173%
  • (111,000 Loan / $64,000 Income)
  • 81%
  • (40,000 Loan / $49,000 Income)
2Bank Of America 54 48%37%
  • 196%
  • (106,000 / $54,000)
  • 200%
  • (50,000 / $25,000)
3Mybank 43 46%37%
  • 116%
  • (69,000 / $59,000)
  • 115%
  • (60,000 / $52,000)
4New Mexico Educators Fcu 36 50%30%
  • 201%
  • (139,000 / $69,000)
  • 188%
  • (68,000 / $36,000)
5Jpmorgan Chase Bank 22 72%22%
  • 357%
  • (161,000 / $45,000)
  • 119%
  • (85,000 / $71,000)
6Hfc Company Llc 21 4%76%
  • 42%
  • (42,000 / $100,000)
  • 229%
  • (110,000 / $48,000)
7Us Bank 20 35%45%
  • 160%
  • (53,000 / $33,000)
  • 160%
  • (90,000 / $56,000)
8Countrywide Home Loans 20 60%15%
  • 188%
  • (66,000 / $35,000)
  • 229%
  • (200,000 / $87,000)
9Countrywide Bank Fsb 20 85%10%
  • 174%
  • (122,000 / $70,000)
  • 229%
  • (55,000 / $24,000)
10Quicken Loans 16 43%31%
  • 442%
  • (208,000 / $47,000)
  • 407%
  • (167,000 / $41,000)
11New Day Financial, Llc 16 6%12%
  • 246%
  • (158,000 / $64,000)
  • 590%
  • (65,000 / $11,000)
12Bank Of Albuquerque 15 46%40%
  • 64%
  • (42,000 / $65,000)
  • 208%
  • (25,000 / $12,000)
13Wells Fargo Fin'l New Mexico 14 0%64% 0
  • 254%
  • (130,000 / $51,000)
14Citimortgage 14 78%0%
  • 287%
  • (141,000 / $49,000)
0
15Beneficial Company Llc 14 7%85%
  • 32%
  • (171,000 / $523,000)
  • 146%
  • (76,000 / $52,000)
16State Employees Credit Union 13 76%7%
  • 129%
  • (100,000 / $77,000)
  • 123%
  • (83,000 / $67,000)
17Bokf Na 11 36%45%
  • 262%
  • (155,000 / $59,000)
  • 59%
  • (40,000 / $67,000)
1821st Mortgage 11 27%54%
  • 58%
  • (46,000 / $79,000)
  • 168%
  • (27,000 / $16,000)
19Suntrust Mortgage 10 40%40%
  • 186%
  • (82,000 / $44,000)
  • 157%
  • (500,000 / $317,000)
20Nationstar Mortgage Llc 10 10%40%
  • 123%
  • (106,000 / $86,000)
  • 312%
  • (150,000 / $48,000)

Claunch, NM Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 797
  2. Loan Applications Denied: 260
  3. % of Loan Applications Denied: 32
  4. # of Loan Originations: 352
  5. % of Loan Applications Originated 44

Claunch, NM Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history27
Collateral20
Debt-to-income ratio13
Credit application incomplete3
Unverifiable information2

Claunch, NM Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000375 3939
$100,000 - $300,000389 4726
$300,000 - $500,00031 5025
$500,000 - $1,000,0002 0100

Claunch, NM Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000692 4332
$100,000 - $300,00098 4630
$300,000 - $500,0004 2575
$500,000 - $1,000,0003 3366

Loan to Income Ratios Research for Mortgage in Claunch, NM

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%5237 50
30 - 60%5434 53
60 - 100%7045 34
100 - 200%23142 30
200 - 300%20244 29
300 - 400%10843 26
> 400%8053 27

Claunch, NM 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 Dwelling746 4332
Not Owner-Occupied As A Principal Dwelling48 5231
Not Applicable1 1000

Home Owner Property Type Statistics in Claunch, NM 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)573 4730
Manufactured Housing206 3339
One To Four-Family18 6116
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