Top Radium Springs, NM Mortgage Lenders

RankRadium Springs Mortgage LenderRadium Springs Home Loans ProcessedRadium Springs Home Loans ApprovedRadium Springs Home Loans DeniedRadium Springs Mortgage Median Loan to Income Ratio (LTR) for Approved LoansRadium Springs Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 453 47%21%
  • 214%
  • (105,000 Loan / $49,000 Income)
  • 193%
  • (112,000 Loan / $58,000 Income)
2Citizens Bank Of Las Cruces 387 97%0%
  • 268%
  • (118,000 / $44,000)
  • 156%
  • (194,000 / $124,000)
3Charter Bank 257 94%2%
  • 259%
  • (179,000 / $69,000)
  • 588%
  • (153,000 / $26,000)
4Countrywide Bank Fsb 210 84%8%
  • 227%
  • (164,000 / $72,000)
  • 290%
  • (145,000 / $50,000)
5Bank Of America 183 73%20%
  • 172%
  • (147,000 / $85,000)
  • 219%
  • (189,000 / $86,000)
6Beneficial Company Llc 175 9%80%
  • 201%
  • (123,000 / $61,000)
  • 251%
  • (171,000 / $68,000)
7First New Mexico Bank 126 77%15%
  • 235%
  • (172,000 / $73,000)
  • 304%
  • (67,000 / $22,000)
8Firstlight Federal Credit Unio 117 86%4%
  • 142%
  • (162,000 / $114,000)
  • 165%
  • (43,000 / $26,000)
9Countrywide Home Loans 114 72%21%
  • 250%
  • (75,000 / $30,000)
  • 255%
  • (184,000 / $72,000)
10Jpmorgan Chase Bank 110 74%20%
  • 277%
  • (150,000 / $54,000)
  • 217%
  • (202,000 / $93,000)
11Mortgage Guaranty Insurance Co 103 72%15%
  • 242%
  • (216,000 / $89,000)
  • 280%
  • (185,000 / $66,000)
12Wells Fargo Funding 93 100%0% 0 0
13First National Bank 87 89%2%
  • 276%
  • (116,000 / $42,000)
  • 315%
  • (139,000 / $44,000)
14Pioneer Bank 80 82%6%
  • 242%
  • (63,000 / $26,000)
  • 361%
  • (152,000 / $42,000)
15Genworth Mortgage Insurance Co 79 70%3%
  • 296%
  • (154,000 / $52,000)
  • 335%
  • (124,000 / $37,000)
16Wells Fargo Fin'l New Mexico 78 11%46%
  • 202%
  • (75,000 / $37,000)
  • 223%
  • (250,000 / $112,000)
17Citimortgage 73 79%5%
  • 346%
  • (277,000 / $80,000)
  • 304%
  • (198,000 / $65,000)
18Franklin American Mortgage Co 70 91%0%
  • 270%
  • (119,000 / $44,000)
0
19Phh Mortgage Corporation 65 64%10%
  • 192%
  • (50,000 / $26,000)
  • 186%
  • (160,000 / $86,000)
20Radian Guaranty 62 69%3%
  • 274%
  • (137,000 / $50,000)
  • 304%
  • (134,000 / $44,000)

Radium Springs, NM Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 4,590
  2. Loan Applications Denied: 844
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 2,964
  5. % of Loan Applications Originated 64

Radium Springs, NM Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history10
Collateral8
Debt-to-income ratio7
Credit application incomplete3
Unverifiable information1

Radium Springs, 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 - $100,0001,039 5725
$100,000 - $300,0003,467 6616
$300,000 - $500,00075 5024
$500,000 - $1,000,0009 033

Radium Springs, 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 - $100,0003,921 6318
$100,000 - $300,000607 6515
$300,000 - $500,00045 7013
$500,000 - $1,000,00014 577
$1,000,000 - $1,500,0001 00
$1,500,000 - $2,000,0001 00
> $2,000,0001 1000

Loan to Income Ratios Research for Mortgage in Radium Springs, 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%19758 26
30 - 60%20555 27
60 - 100%27956 24
100 - 200%1,07364 16
200 - 300%1,40865 16
300 - 400%91968 15
> 400%50959 23

Radium Springs, 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 Dwelling4,117 6318
Not Owner-Occupied As A Principal Dwelling417 7015
Not Applicable15 1000

Home Owner Property Type Statistics in Radium Springs, 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)3,919 6418
One To Four-Family341 717
Manufactured Housing330 5231
More Radium Springs, NM Mortgage Research: