Top Lee Acres, NM Mortgage Lenders

RankLee Acres Mortgage LenderLee Acres Home Loans ProcessedLee Acres Home Loans ApprovedLee Acres Home Loans DeniedLee Acres Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLee Acres Mortgage Median LTR for Denied Loans
1Los Alamos National Bank 610 68%7%
  • 164%
  • (158,000 Loan / $96,000 Income)
  • 228%
  • (215,000 Loan / $94,000 Income)
2Wells Fargo Bank 598 56%25%
  • 195%
  • (86,000 / $44,000)
  • 87%
  • (128,000 / $147,000)
3Vanderbilt Mortgage 450 4%61%
  • 112%
  • (54,000 / $48,000)
  • 187%
  • (30,000 / $16,000)
4Bank Of America 291 79%14%
  • 226%
  • (77,000 / $34,000)
  • 183%
  • (68,000 / $37,000)
5Pulte Mortgage Llc 223 59%20%
  • 244%
  • (144,000 / $59,000)
  • 290%
  • (154,000 / $53,000)
6First New Mexico Bank 175 72%18%
  • 131%
  • (155,000 / $118,000)
  • 239%
  • (55,000 / $23,000)
7Jpmorgan Chase Bank 124 75%20%
  • 165%
  • (71,000 / $43,000)
  • 203%
  • (65,000 / $32,000)
8Primary Residential Mortgage 109 65%13%
  • 215%
  • (112,000 / $52,000)
  • 217%
  • (200,000 / $92,000)
9Quicken Loans 107 66%27%
  • 217%
  • (316,000 / $145,000)
  • 242%
  • (97,000 / $40,000)
10Wells Fargo Funding 91 100%0%
  • 249%
  • (152,000 / $61,000)
0
11Embrace Home Loans, 88 11%43%
  • 217%
  • (76,000 / $35,000)
  • 294%
  • (56,000 / $19,000)
12Usaa Federal Savings Bank 84 52%32%
  • 189%
  • (123,000 / $65,000)
  • 158%
  • (214,000 / $135,000)
13Bokf Na 57 64%24%
  • 173%
  • (222,000 / $128,000)
  • 187%
  • (223,000 / $119,000)
14Suntrust Mortgage 56 89%8%
  • 190%
  • (105,000 / $55,000)
  • 382%
  • (65,000 / $17,000)
15Phh Mortgage Corporation 54 87%3%
  • 175%
  • (102,000 / $58,000)
  • 108%
  • (134,000 / $124,000)
1621st Mortgage 50 30%38%
  • 87%
  • (93,000 / $106,000)
  • 186%
  • (28,000 / $15,000)
17Stearns Lending 43 83%4%
  • 240%
  • (224,000 / $93,000)
  • 431%
  • (138,000 / $32,000)
18Citizens Bank 40 72%25%
  • 157%
  • (148,000 / $94,000)
  • 110%
  • (170,000 / $154,000)
19Citibank 38 44%13%
  • 251%
  • (131,000 / $52,000)
  • 112%
  • (63,000 / $56,000)
20Citimortgage 37 75%10%
  • 214%
  • (144,000 / $67,000)
  • 405%
  • (150,000 / $37,000)

Lee Acres, NM Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,835
  2. Loan Applications Denied: 1,096
  3. % of Loan Applications Denied: 22
  4. # of Loan Originations: 2,753
  5. % of Loan Applications Originated 56

Lee Acres, NM Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history21
Debt-to-income ratio14
Collateral13
Credit application incomplete4
Unverifiable information2

Lee Acres, 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 - $100,0001,741 4333
$100,000 - $300,0002,780 6217
$300,000 - $500,000302 677
$500,000 - $1,000,00012 5033

Lee Acres, 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 - $100,0003,573 5226
$100,000 - $300,0001,204 6710
$300,000 - $500,00039 7620
$500,000 - $1,000,00016 6125
$1,000,000 - $1,500,0003 00

Loan to Income Ratios Research for Mortgage in Lee Acres, 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%23551 37
30 - 60%21252 27
60 - 100%43754 20
100 - 200%1,59055 21
200 - 300%1,32260 19
300 - 400%65559 21
> 400%38450 30

Lee Acres, 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 Dwelling4,443 5622
Not Owner-Occupied As A Principal Dwelling389 6021

Home Owner Property Type Statistics in Lee Acres, 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)3,955 6218
Manufactured Housing759 2149
One To Four-Family121 840
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