Top Rodey, NM Mortgage Lenders

RankRodey Mortgage LenderRodey Home Loans ProcessedRodey Home Loans ApprovedRodey Home Loans DeniedRodey Mortgage Median Loan to Income Ratio (LTR) for Approved LoansRodey Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 113 38%31%
  • 149%
  • (100,000 Loan / $67,000 Income)
  • 69%
  • (50,000 Loan / $72,000 Income)
221st Mortgage 40 25%42%
  • 108%
  • (38,000 / $35,000)
  • 160%
  • (77,000 / $48,000)
3Vanderbilt Mortgage 25 12%60%
  • 172%
  • (64,000 / $37,000)
  • 243%
  • (39,000 / $16,000)
4Bank Of The Southwest 25 52%36%
  • 55%
  • (20,000 / $36,000)
  • 142%
  • (40,000 / $28,000)
5Bank Of America 24 75%12%
  • 247%
  • (146,000 / $59,000)
  • 280%
  • (73,000 / $26,000)
6Bokf Na 22 40%45%
  • 260%
  • (104,000 / $40,000)
  • 260%
  • (60,000 / $23,000)
7Bank Of The West 18 33%50%
  • 173%
  • (109,000 / $63,000)
  • 17%
  • (4,000 / $23,000)
8Quicken Loans 16 56%25%
  • 234%
  • (68,000 / $29,000)
  • 190%
  • (103,000 / $54,000)
9Weststar Mortgage Corporation 15 40%0%
  • 264%
  • (119,000 / $45,000)
0
10Pioneer Bank 15 26%53%
  • 244%
  • (142,000 / $58,000)
  • 238%
  • (179,000 / $75,000)
11Us Bank 14 50%21%
  • 134%
  • (47,000 / $35,000)
  • 192%
  • (100,000 / $52,000)
12Jpmorgan Chase Bank 9 88%11%
  • 121%
  • (90,000 / $74,000)
  • 45%
  • (43,000 / $95,000)
13First New Mexico Bank 9 44%44%
  • 150%
  • (39,000 / $26,000)
  • 151%
  • (59,000 / $39,000)
14Bank Of Albuquerque 9 44%33%
  • 444%
  • (80,000 / $18,000)
  • 229%
  • (62,000 / $27,000)
15Embrace Home Loans, 8 0%62% 0
  • 82%
  • (43,000 / $52,000)
16Wells Fargo Funding 7 100%0% 0 0
17Sandia Laboratory Fcu 7 42%0%
  • 196%
  • (102,000 / $52,000)
0
18New Mexico Educators Fcu 7 42%42%
  • 89%
  • (65,000 / $73,000)
  • 133%
  • (192,000 / $144,000)
19First American Bank 7 100%0%
  • 238%
  • (143,000 / $60,000)
0
20Superior Mortgage Services Llc 6 50%16%
  • 344%
  • (117,000 / $34,000)
  • 95%
  • (61,000 / $64,000)

Rodey, NM Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 586
  2. Loan Applications Denied: 188
  3. % of Loan Applications Denied: 32
  4. # of Loan Originations: 259
  5. % of Loan Applications Originated 44

Rodey, NM Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Credit history36
Debt-to-income ratio20
Collateral15
Insufficient cash (downpayment, closing costs)3
Employment history3

Rodey, 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 - $100,000365 4036
$100,000 - $300,000204 4923
$300,000 - $500,00012 5716
$500,000 - $1,000,0005 0100

Rodey, 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 - $100,000530 4432
$100,000 - $300,00054 3831
$500,000 - $1,000,0002 5050

Loan to Income Ratios Research for Mortgage in Rodey, 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%3928 48
30 - 60%3446 38
60 - 100%6039 33
100 - 200%20146 29
200 - 300%13944 25
300 - 400%6547 36
> 400%4843 35

Rodey, 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 Dwelling534 4432
Not Owner-Occupied As A Principal Dwelling52 3630

Home Owner Property Type Statistics in Rodey, 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)431 4729
Manufactured Housing151 3339
One To Four-Family4 5025
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