Top Manhattan, NY Mortgage Refinance Lenders

RankManhattan Mortgage Refinance LenderManhattan Home Refinance Loans ProcessedManhattan Home Refinance Loans ApprovedManhattan Home Refinance Loans DeniedManhattan Mortgage Refinance Median Loan to Income Ratio (LTR) for Approved LoansManhattan Mortgage Refinance Median LTR for Denied Loans
1Jpmorgan Chase Bank 22,512 58%34%
  • 188%
  • (542,000 Loan / $288,000 Income)
  • 227%
  • (625,000 Loan / $275,000 Income)
2Wells Fargo Bank 15,644 60%15%
  • 201%
  • (305,000 / $151,000)
  • 242%
  • (102,000 / $42,000)
3Citimortgage 12,479 69%9%
  • 183%
  • (400,000 / $218,000)
  • 262%
  • (160,000 / $61,000)
4Citibank 6,530 67%10%
  • 179%
  • (294,000 / $164,000)
  • 221%
  • (250,000 / $113,000)
5Bank Of America 6,407 49%29%
  • 196%
  • (412,000 / $210,000)
  • 250%
  • (1,500,000 / $600,000)
6Hsbc Mortgage Corp 2,866 42%12%
  • 216%
  • (212,000 / $98,000)
  • 290%
  • (320,000 / $110,000)
7Astoria Federal Savings & Loan 2,105 72%16%
  • 211%
  • (1,299,000 / $614,000)
  • 269%
  • (800,000 / $297,000)
8Td Bank N.A. 1,644 47%36%
  • 194%
  • (389,000 / $200,000)
  • 258%
  • (654,000 / $253,000)
9Hsbc Bank Usa 1,467 41%10%
  • 206%
  • (120,000 / $58,000)
  • 311%
  • (1,150,000 / $369,000)
10Merrill Lynch Credit Corp 1,261 48%29%
  • 187%
  • (1,053,000 / $561,000)
  • 254%
  • (599,000 / $235,000)
11Washington Mutual Bank 993 52%40%
  • 219%
  • (224,000 / $102,000)
  • 250%
  • (120,000 / $48,000)
12Countrywide Bank Fsb 903 45%25%
  • 213%
  • (398,000 / $186,000)
  • 241%
  • (725,000 / $300,000)
13Ridgewood Savings Bank 772 37%31%
  • 192%
  • (600,000 / $311,000)
  • 242%
  • (691,000 / $285,000)
14Ing Bank, Fsb 690 41%36%
  • 221%
  • (295,000 / $133,000)
  • 303%
  • (735,000 / $242,000)
15Ncb, Fsb 613 54%20%
  • 191%
  • (285,000 / $149,000)
  • 214%
  • (150,000 / $70,000)
16First Republic Bank 577 78%4%
  • 187%
  • (2,250,000 / $1,200,000)
  • 294%
  • (250,000 / $85,000)
17Morgan Stanley Private Bank Na 574 65%15%
  • 235%
  • (1,643,000 / $698,000)
  • 288%
  • (634,000 / $220,000)
18Wells Fargo Funding 508 67%17%
  • 194%
  • (208,000 / $107,000)
  • 244%
  • (464,000 / $190,000)
19M&T Bank 477 59%17%
  • 215%
  • (730,000 / $338,000)
  • 211%
  • (317,000 / $150,000)
20Gfi Mortgage Bankers, 468 61%6%
  • 218%
  • (770,000 / $353,000)
  • 286%
  • (595,000 / $208,000)

Manhattan, NY Mortgage Refinance Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 99,401
  2. Loan Applications Denied: 22,003
  3. % of Loan Applications Denied: 22
  4. # of Loan Originations: 57,211
  5. % of Loan Applications Originated 57

Manhattan, NY Home Loan Refinance Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral25
Credit application incomplete22
Debt-to-income ratio19
Unverifiable information6
Credit history5

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

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0003,002 5125
$100,000 - $300,00028,476 6020
$300,000 - $500,00031,720 5721
$500,000 - $1,000,00025,270 5423
$1,000,000 - $1,500,0006,216 5423
$1,500,000 - $2,000,0002,230 5122
> $2,000,0002,487 5122

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

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,00018,166 5129
$100,000 - $300,00050,439 5721
$300,000 - $500,00015,128 5919
$500,000 - $1,000,0009,833 5718
$1,000,000 - $1,500,0002,712 5815
$1,500,000 - $2,000,0001,176 6413
> $2,000,0001,947 6312

Loan to Income Ratios Research for Mortgage Refinance 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%1,57354 17
30 - 60%4,67859 17
60 - 100%9,81960 17
100 - 200%31,07562 17
200 - 300%26,60159 20
300 - 400%14,75354 25
> 400%10,90236 41

Manhattan, NY Home Owner Occupancy Type Mortgage Refinance Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling87,902 5921
Not Owner-Occupied As A Principal Dwelling11,464 4529
Not Applicable25 524

Home Owner Property Type Statistics in Manhattan, NY for Home Loan Refinance

Property Type Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
One-To-Four Family Dwelling (Other Than Manufactured Housing)99,004 5722
One To Four-Family392 4324
Manufactured Housing5 4060
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