Top Tesuque, NM Mortgage Lenders

RankTesuque Mortgage LenderTesuque Home Loans ProcessedTesuque Home Loans ApprovedTesuque Home Loans DeniedTesuque Mortgage Median Loan to Income Ratio (LTR) for Approved LoansTesuque Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 778 61%15%
  • 202%
  • (101,000 Loan / $50,000 Income)
  • 206%
  • (149,000 Loan / $72,000 Income)
2Los Alamos National Bank 491 76%6%
  • 182%
  • (268,000 / $147,000)
  • 232%
  • (100,000 / $43,000)
3Bank Of America 419 69%14%
  • 210%
  • (481,000 / $229,000)
  • 215%
  • (168,000 / $78,000)
4Jpmorgan Chase Bank 309 76%18%
  • 210%
  • (417,000 / $198,000)
  • 250%
  • (150,000 / $60,000)
5Countrywide Bank Fsb 289 79%7%
  • 226%
  • (152,000 / $67,000)
  • 269%
  • (237,000 / $88,000)
6New Mexico Bank & Trust 227 75%1%
  • 229%
  • (365,000 / $159,000)
  • 395%
  • (950,000 / $240,000)
7Citizens Bank Of Las Cruces 214 95%2%
  • 264%
  • (177,000 / $67,000)
  • 140%
  • (135,000 / $96,000)
8Countrywide Home Loans 177 76%11%
  • 245%
  • (196,000 / $80,000)
  • 205%
  • (212,000 / $103,000)
9Beneficial Company Llc 141 6%72%
  • 34%
  • (25,000 / $73,000)
  • 263%
  • (292,000 / $111,000)
10Century Bank 132 59%15%
  • 208%
  • (417,000 / $200,000)
  • 468%
  • (656,000 / $140,000)
11Citimortgage 124 75%6%
  • 165%
  • (137,000 / $83,000)
  • 252%
  • (172,000 / $68,000)
12First National Bank Santa Fe 122 68%10%
  • 176%
  • (325,000 / $184,000)
  • 253%
  • (200,000 / $79,000)
13Quicken Loans 118 78%11%
  • 258%
  • (176,000 / $68,000)
  • 354%
  • (383,000 / $108,000)
14Charter Bank 118 91%0%
  • 192%
  • (79,000 / $41,000)
  • 312%
  • (153,000 / $49,000)
15Suntrust Mortgage 109 76%15%
  • 286%
  • (189,000 / $66,000)
  • 311%
  • (212,000 / $68,000)
16Citibank 96 66%16%
  • 118%
  • (211,000 / $178,000)
  • 118%
  • (769,000 / $647,000)
17Wells Fargo Funding 83 98%0% 0 0
18Usaa Federal Savings Bank 79 56%26%
  • 216%
  • (186,000 / $86,000)
  • 250%
  • (343,000 / $137,000)
1921st Mortgage 78 15%56%
  • 163%
  • (59,000 / $36,000)
  • 170%
  • (34,000 / $20,000)
20Flagstar Bank 76 68%13%
  • 230%
  • (300,000 / $130,000)
  • 385%
  • (640,000 / $166,000)

Tesuque, NM Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 7,067
  2. Loan Applications Denied: 1,160
  3. % of Loan Applications Denied: 16
  4. # of Loan Originations: 4,589
  5. % of Loan Applications Originated 64

Tesuque, NM Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Debt-to-income ratio16
Credit history15
Collateral12
Credit application incomplete6
Unverifiable information3

Tesuque, 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 - $100,0001,174 5325
$100,000 - $300,0003,315 6515
$300,000 - $500,0001,781 7110
$500,000 - $1,000,000669 5921
$1,000,000 - $1,500,00093 6116
$1,500,000 - $2,000,00013 680
> $2,000,00022 5422

Tesuque, 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 - $100,0003,633 5920
$100,000 - $300,0002,625 6812
$300,000 - $500,000460 7211
$500,000 - $1,000,000244 759
$1,000,000 - $1,500,00048 726
$1,500,000 - $2,000,00026 760
> $2,000,00031 643

Loan to Income Ratios Research for Mortgage in Tesuque, 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%25561 20
30 - 60%38662 21
60 - 100%58469 13
100 - 200%1,86667 13
200 - 300%1,71266 13
300 - 400%1,12963 17
> 400%1,13554 23

Tesuque, 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 Dwelling5,614 6317
Not Owner-Occupied As A Principal Dwelling1,428 7112
Not Applicable7 5714

Home Owner Property Type Statistics in Tesuque, 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)6,531 6515
Manufactured Housing350 4339
One To Four-Family186 696
More Tesuque, NM Mortgage Research: