Top Lordsburg, NM Mortgage Lenders

RankLordsburg Mortgage LenderLordsburg Home Loans ProcessedLordsburg Home Loans ApprovedLordsburg Home Loans DeniedLordsburg Mortgage Median Loan to Income Ratio (LTR) for Approved LoansLordsburg Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 138 44%28%
  • 144%
  • (244,000 Loan / $169,000 Income)
  • 176%
  • (118,000 Loan / $67,000 Income)
2Bank Of America 60 70%21%
  • 150%
  • (75,000 / $50,000)
  • 206%
  • (66,000 / $32,000)
3Bokf Na 37 56%35%
  • 225%
  • (90,000 / $40,000)
  • 303%
  • (255,000 / $84,000)
4Beneficial Company Llc 36 5%72%
  • 210%
  • (84,000 / $40,000)
  • 176%
  • (53,000 / $30,000)
5Jpmorgan Chase Bank 28 78%17%
  • 269%
  • (175,000 / $65,000)
  • 120%
  • (260,000 / $216,000)
6Quicken Loans 27 48%29%
  • 229%
  • (220,000 / $96,000)
  • 253%
  • (124,000 / $49,000)
7New Mexico Educators Fcu 26 50%15%
  • 168%
  • (242,000 / $144,000)
  • 74%
  • (57,000 / $77,000)
8Embrace Home Loans, 26 7%46%
  • 196%
  • (114,000 / $58,000)
  • 217%
  • (74,000 / $34,000)
9Kirtland Federal Credit Union 24 66%16%
  • 171%
  • (79,000 / $46,000)
  • 346%
  • (274,000 / $79,000)
10Nationstar Mortgage Llc 19 5%36%
  • 305%
  • (171,000 / $56,000)
  • 251%
  • (78,000 / $31,000)
11Sandia Laboratory Fcu 17 70%17%
  • 144%
  • (130,000 / $90,000)
  • 116%
  • (160,000 / $137,000)
12First New Mexico Bank 17 94%0%
  • 75%
  • (65,000 / $86,000)
0
13Bank Of The West 16 56%18%
  • 225%
  • (225,000 / $100,000)
  • 170%
  • (240,000 / $141,000)
14Usaa Federal Savings Bank 15 60%33%
  • 218%
  • (236,000 / $108,000)
  • 208%
  • (475,000 / $228,000)
15Countrywide Bank Fsb 14 57%21%
  • 66%
  • (44,000 / $66,000)
  • 118%
  • (82,000 / $69,000)
16Wells Fargo Funding 12 91%8% 0
  • 557%
  • (145,000 / $26,000)
17Vanderbilt Mortgage 12 25%33%
  • 141%
  • (55,000 / $39,000)
  • 254%
  • (122,000 / $48,000)
18Suntrust Mortgage 11 63%36%
  • 236%
  • (270,000 / $114,000)
  • 199%
  • (213,000 / $107,000)
19Wells Fargo Fin'l New Mexico 10 20%30%
  • 65%
  • (52,000 / $79,000)
  • 102%
  • (35,000 / $34,000)
20Mybank 10 70%20%
  • 59%
  • (61,000 / $102,000)
  • 152%
  • (55,000 / $36,000)

Lordsburg, NM Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,054
  2. Loan Applications Denied: 311
  3. % of Loan Applications Denied: 29
  4. # of Loan Originations: 511
  5. % of Loan Applications Originated 48

Lordsburg, NM Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral18
Credit history16
Debt-to-income ratio11
Credit application incomplete5
Insufficient cash (downpayment, closing costs)3

Lordsburg, 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 - $100,000452 4034
$100,000 - $300,000529 5525
$300,000 - $500,00069 4726
$500,000 - $1,000,0003 066
$1,500,000 - $2,000,0001 0100

Lordsburg, 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 - $100,000832 4531
$100,000 - $300,000213 5822
$300,000 - $500,0008 1250
$1,000,000 - $1,500,0001 1000

Loan to Income Ratios Research for Mortgage in Lordsburg, 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%5545 36
30 - 60%5950 18
60 - 100%11751 25
100 - 200%34850 27
200 - 300%26345 30
300 - 400%11049 30
> 400%10241 38

Lordsburg, 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 Dwelling985 4729
Not Owner-Occupied As A Principal Dwelling66 5425

Home Owner Property Type Statistics in Lordsburg, 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)866 4928
Manufactured Housing149 3740
One To Four-Family39 6912
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