Top Manhattan, NY VA Mortgage Lenders

RankManhattan VA Mortgage LenderManhattan VA Home Loans ProcessedManhattan VA Home Loans ApprovedManhattan VA Home Loans DeniedManhattan VA Mortgage Median Loan to Income Ratio (LTR) for Approved LoansManhattan VA Mortgage Median LTR for Denied Loans
1Usaa Federal Savings Bank 10 20%60%
  • 469%
  • (996,000 Loan / $212,000 Income)
  • 401%
  • (582,000 Loan / $145,000 Income)
2Wells Fargo Bank 4 0%50% 0
  • 343%
  • (196,000 / $57,000)
3Mortgage Research Center 4 0%25% 0
  • 647%
  • (123,000 / $19,000)
4New Day Financial, Llc 3 0%66% 0
  • 443%
  • (306,000 / $69,000)
5Embrace Home Loans, 3 0%33% 0
  • 396%
  • (440,000 / $111,000)
6Jpmorgan Chase Bank 2 0%100% 0
  • 345%
  • (621,000 / $180,000)
7Guardhill Financial Corp. 2 100%0%
  • 166%
  • (1,500,000 / $900,000)
0
8Real Estate Mortgage Network 1 0%0% 0 0
9Prospect Mortgage Llc 1 0%0% 0 0
10Nfcu 1 0%100% 0
  • 186%
  • (336,000 / $180,000)
11James B. Nutter & Co. 1 0%0% 0 0
12Community National Bank 1 0%0% 0 0
13Bankmortgagesolutions L.L.C. 1 0%0% 0 0
14Bank Of America 1 0%0% 0 0
15Ally Bank 1 100%0%
  • 592%
  • (764,000 / $129,000)
0

Manhattan, NY VA Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 36
  2. Loan Applications Denied: 15
  3. % of Loan Applications Denied: 41
  4. # of Loan Originations: 5
  5. % of Loan Applications Originated 13

Manhattan, NY VA Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral35
Credit application incomplete28
Debt-to-income ratio14
Credit history7
Mortgage insurance denied7

Manhattan, NY VA 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 00
$100,000 - $300,0006 050
$300,000 - $500,00014 1435
$500,000 - $1,000,00014 1450
$1,000,000 - $1,500,0001 1000

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

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,00012 850
$100,000 - $300,00022 1336
$300,000 - $500,0001 0100
$500,000 - $1,000,0001 1000

Loan to Income Ratios Research for VA Mortgage 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
30 - 60%10 0
100 - 200%633 33
200 - 300%40 100
300 - 400%70 57
> 400%1816 27

Manhattan, NY Home Owner Occupancy Type VA Mortgage Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling36 1341

Home Owner Property Type Statistics in Manhattan, NY for VA 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)36 1341
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