Top Duran, NM Mortgage Lenders

RankDuran Mortgage LenderDuran Home Loans ProcessedDuran Home Loans ApprovedDuran Home Loans DeniedDuran Mortgage Median Loan to Income Ratio (LTR) for Approved LoansDuran Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 11 45%36%
  • 219%
  • (283,000 Loan / $129,000 Income)
  • 515%
  • (237,000 Loan / $46,000 Income)
2Mybank 7 42%42%
  • 130%
  • (13,000 / $10,000)
  • 122%
  • (60,000 / $49,000)
321st Mortgage 7 0%71% 0
  • 153%
  • (83,000 / $54,000)
4Us Bk Na Nd 5 40%40%
  • 414%
  • (224,000 / $54,000)
  • 297%
  • (618,000 / $208,000)
5Sandia Area Fcu 5 40%60%
  • 51%
  • (16,000 / $31,000)
  • 10%
  • (4,000 / $38,000)
6Us Bank 3 66%33%
  • 176%
  • (44,000 / $25,000)
  • 226%
  • (256,000 / $113,000)
7Bokf Na 3 0%100% 0
  • 91%
  • (122,000 / $133,000)
8Vanderbilt Mortgage 2 50%0%
  • 82%
  • (62,000 / $75,000)
0
9Mutual Of Omaha Bank 2 0%50% 0
  • 165%
  • (104,000 / $63,000)
10First California Mortgage 2 50%50%
  • 357%
  • (293,000 / $82,000)
  • 272%
  • (578,000 / $212,000)
11Us New Mexico Fcu 1 100%0%
  • 230%
  • (60,000 / $26,000)
0
12Sun West Mortgage Company 1 0%0% 0 0
13Stearns Lending 1 0%0% 0 0
14Southwest Stage Funding Llc 1 0%0% 0 0
15Sierra Pacific Mortgage Comp 1 0%100% 0
  • 449%
  • (229,000 / $51,000)
16Primary Residential Mortgage 1 100%0%
  • 64%
  • (72,000 / $112,000)
0
17Plaza Home Mortgage, 1 100%0%
  • 274%
  • (280,000 / $102,000)
0
18New Penn Financial 1 0%100% 0
  • 216%
  • (458,000 / $212,000)
19Nationwide Bank 1 0%0% 0 0
20Nations Lending Corporation 1 0%0% 0 0

Duran, NM Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 61
  2. Loan Applications Denied: 26
  3. % of Loan Applications Denied: 42
  4. # of Loan Originations: 21
  5. % of Loan Applications Originated 34

Duran, NM Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history35
Collateral28
Employment history7
Debt-to-income ratio7
Credit application incomplete3

Duran, 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 - $100,00034 3144
$100,000 - $300,00023 3834
$300,000 - $500,0001 0100
$500,000 - $1,000,0003 3366

Duran, 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 - $100,00042 3245
$100,000 - $300,00018 3238
$300,000 - $500,0001 1000

Loan to Income Ratios Research for Mortgage in Duran, 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%922 55
30 - 60%742 28
60 - 100%742 14
100 - 200%1926 42
200 - 300%933 66
300 - 400%366 33
> 400%742 42

Duran, 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 Dwelling50 3836
Not Owner-Occupied As A Principal Dwelling11 1872

Home Owner Property Type Statistics in Duran, 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)45 3740
Manufactured Housing16 2550
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