Top Manhattan, NY Mortgage Lenders

RankManhattan Mortgage LenderManhattan Home Loans ProcessedManhattan Home Loans ApprovedManhattan Home Loans DeniedManhattan Mortgage Median Loan to Income Ratio (LTR) for Approved LoansManhattan Mortgage Median LTR for Denied Loans
1Jpmorgan Chase Bank 37,318 60%33%
  • 206%
  • (268,000 Loan / $130,000 Income)
  • 234%
  • (272,000 Loan / $116,000 Income)
2Wells Fargo Bank 34,316 61%13%
  • 221%
  • (669,000 / $302,000)
  • 248%
  • (325,000 / $131,000)
3Citimortgage 25,101 68%8%
  • 208%
  • (200,000 / $96,000)
  • 266%
  • (640,000 / $240,000)
4Bank Of America 13,299 54%23%
  • 220%
  • (1,100,000 / $500,000)
  • 257%
  • (360,000 / $140,000)
5Citibank 11,716 69%9%
  • 184%
  • (345,000 / $187,000)
  • 185%
  • (626,000 / $337,000)
6Hsbc Mortgage Corp 6,131 48%11%
  • 236%
  • (170,000 / $72,000)
  • 280%
  • (295,000 / $105,000)
7Astoria Federal Savings & Loan 3,862 68%16%
  • 225%
  • (160,000 / $71,000)
  • 279%
  • (838,000 / $300,000)
8Td Bank N.A. 3,141 44%38%
  • 203%
  • (316,000 / $155,000)
  • 210%
  • (484,000 / $230,000)
9Countrywide Bank Fsb 2,777 53%17%
  • 244%
  • (455,000 / $186,000)
  • 262%
  • (315,000 / $120,000)
10Hsbc Bank Usa 2,428 48%10%
  • 231%
  • (275,000 / $119,000)
  • 311%
  • (1,150,000 / $369,000)
11Washington Mutual Bank 2,356 51%41%
  • 235%
  • (650,000 / $276,000)
  • 248%
  • (417,000 / $168,000)
12Ridgewood Savings Bank 2,052 47%23%
  • 211%
  • (1,500,000 / $708,000)
  • 250%
  • (1,500,000 / $600,000)
13Merrill Lynch Credit Corp 1,727 46%27%
  • 187%
  • (857,000 / $456,000)
  • 254%
  • (599,000 / $235,000)
14Countrywide Home Loans 1,698 60%14%
  • 240%
  • (577,000 / $240,000)
  • 255%
  • (490,000 / $192,000)
15Ing Bank, Fsb 1,285 35%36%
  • 229%
  • (584,000 / $255,000)
  • 293%
  • (302,000 / $103,000)
16First Republic Bank 1,237 76%2%
  • 203%
  • (2,183,000 / $1,075,000)
  • 284%
  • (2,147,000 / $754,000)
17Wachovia Mortgage Fsb 1,053 37%39%
  • 215%
  • (300,000 / $139,000)
  • 241%
  • (1,500,000 / $620,000)
18Wells Fargo Funding 1,037 71%15%
  • 223%
  • (188,000 / $84,000)
  • 275%
  • (187,000 / $68,000)
19M&T Bank 995 59%17%
  • 231%
  • (417,000 / $180,000)
  • 220%
  • (392,000 / $178,000)
20Phh Mortgage Corporation 983 49%11%
  • 216%
  • (1,498,000 / $692,000)
  • 240%
  • (137,000 / $57,000)

Manhattan, NY Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 198,681
  2. Loan Applications Denied: 39,096
  3. % of Loan Applications Denied: 19
  4. # of Loan Originations: 116,768
  5. % of Loan Applications Originated 58

Manhattan, NY Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit application incomplete20
Collateral19
Debt-to-income ratio15
Credit history6
Unverifiable information5

Manhattan, NY Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0007,708 4234
$100,000 - $300,00047,704 6118
$300,000 - $500,00061,034 6018
$500,000 - $1,000,00056,100 5619
$1,000,000 - $1,500,00014,889 5519
$1,500,000 - $2,000,0005,487 5318
> $2,000,0005,759 5318

Manhattan, NY Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,00035,332 5327
$100,000 - $300,00097,911 5919
$300,000 - $500,00031,257 5917
$500,000 - $1,000,00021,206 5716
$1,000,000 - $1,500,0006,107 5914
$1,500,000 - $2,000,0002,636 6213
> $2,000,0004,232 6211

Loan to Income Ratios Research for Mortgage in Manhattan, NY

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%4,57547 28
30 - 60%9,40858 17
60 - 100%17,25660 16
100 - 200%54,74761 16
200 - 300%55,09161 17
300 - 400%34,88757 20
> 400%22,71744 33

Manhattan, NY 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 Dwelling172,465 5919
Not Owner-Occupied As A Principal Dwelling26,046 5323
Not Applicable55 5025

Home Owner Property Type Statistics in Manhattan, NY 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)196,088 5819
One To Four-Family2,501 4617
Manufactured Housing92 1869
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