Top Polvadera, NM Mortgage Lenders

RankPolvadera Mortgage LenderPolvadera Home Loans ProcessedPolvadera Home Loans ApprovedPolvadera Home Loans DeniedPolvadera Mortgage Median Loan to Income Ratio (LTR) for Approved LoansPolvadera Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 49 42%34%
  • 144%
  • (183,000 Loan / $127,000 Income)
  • 98%
  • (86,000 Loan / $87,000 Income)
2Bank Of America 26 46%38%
  • 254%
  • (112,000 / $44,000)
  • 219%
  • (90,000 / $41,000)
3New Mexico Educators Fcu 20 40%35%
  • 239%
  • (67,000 / $28,000)
  • 188%
  • (68,000 / $36,000)
4Us Bank 15 40%40%
  • 160%
  • (53,000 / $33,000)
  • 169%
  • (73,000 / $43,000)
5Mybank 15 60%20%
  • 201%
  • (113,000 / $56,000)
  • 187%
  • (30,000 / $16,000)
6Bokf Na 11 36%45%
  • 262%
  • (155,000 / $59,000)
  • 59%
  • (40,000 / $67,000)
721st Mortgage 11 27%54%
  • 58%
  • (46,000 / $79,000)
  • 168%
  • (27,000 / $16,000)
8Quicken Loans 9 22%33%
  • 442%
  • (208,000 / $47,000)
  • 436%
  • (205,000 / $47,000)
9New Day Financial, Llc 9 0%0% 0 0
10Jpmorgan Chase Bank 9 66%33%
  • 357%
  • (161,000 / $45,000)
  • 341%
  • (82,000 / $24,000)
11Weststar Mortgage Corporation 7 57%0%
  • 296%
  • (151,000 / $51,000)
0
12Bank Of Albuquerque 7 71%14%
  • 250%
  • (165,000 / $66,000)
  • 50%
  • (5,000 / $10,000)
13Usaa Federal Savings Bank 5 40%40%
  • 290%
  • (154,000 / $53,000)
  • 521%
  • (193,000 / $37,000)
14San Antonio Credit Union 5 0%60% 0
  • 148%
  • (52,000 / $35,000)
15Vanderbilt Mortgage 4 75%25%
  • 162%
  • (65,000 / $40,000)
  • 60%
  • (68,000 / $113,000)
16Suntrust Mortgage 4 75%25%
  • 138%
  • (203,000 / $147,000)
  • 80%
  • (148,000 / $185,000)
17State Employees Credit Union 4 75%0%
  • 119%
  • (105,000 / $88,000)
0
18Southwest Stage Funding Llc 4 75%0%
  • 300%
  • (120,000 / $40,000)
0
19Guild Mortgage Company 4 25%25%
  • 270%
  • (208,000 / $77,000)
  • 451%
  • (176,000 / $39,000)
20Wells Fargo Funding 3 66%33% 0
  • 236%
  • (281,000 / $119,000)

Polvadera, NM Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 311
  2. Loan Applications Denied: 94
  3. % of Loan Applications Denied: 30
  4. # of Loan Originations: 139
  5. % of Loan Applications Originated 44

Polvadera, NM Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history26
Collateral25
Debt-to-income ratio13
Unverifiable information3
Insufficient cash (downpayment, closing costs)2

Polvadera, 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 - $100,000130 3736
$100,000 - $300,000173 4825
$300,000 - $500,0008 6225

Polvadera, 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 - $100,000268 4230
$100,000 - $300,00042 5630
$300,000 - $500,0001 1000

Loan to Income Ratios Research for Mortgage in Polvadera, 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%2147 38
30 - 60%1735 58
60 - 100%2433 45
100 - 200%9842 27
200 - 300%8655 20
300 - 400%3735 32
> 400%2842 28

Polvadera, 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 Dwelling285 4429
Not Owner-Occupied As A Principal Dwelling23 4739
Not Applicable1 1000

Home Owner Property Type Statistics in Polvadera, 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)205 4929
Manufactured Housing101 3431
One To Four-Family5 6020
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