Nation One Mortgage Company Mortgage Lending & HMDA Data, 2006

In 2006, Nation One Mortgage Company of Norwell, MA reported 5,326 mortgage applications totaling $759.1 million, down 5% from 2005. The average application was for $142,530, and applicants reported an average income of $90,418. 34% of its applications resulted in an originated loan and 24% were denied. Its largest markets were Providence-New Bedford-Fall River, RI-MA (675), Hartford-West Hartford-East Hartford, CT (461) and Boston-Quincy, MA (405) (applications in parentheses).

Mortgage Company & Address Nation One Mortgage Company
700 Longwater Drive
Norwell, MA 02061
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  2004  2003  
Total Number of Mortgage Applications 5,326
Total Mortgage Loan Application Amount $759,119,000
Average Mortgage Loan Application Amount $142,530
Highest Mortgage Loan Application Amount $1,475,000
Average Applicant Income $90,418
Highest Applicant Income $1,980,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Nation One Mortgage Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Nation One Mortgage Company by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Providence, Rhode Island 513 $ 79,315,000 $ 154,610 $ 81,000
Hartford, Connecticut 422 $ 47,544,000 $ 112,663 $ 71,000
New Haven, Connecticut 372 $ 45,654,000 $ 122,725 $ 73,000
Suffolk, Massachusetts 254 $ 58,119,000 $ 228,814 $ 108,000
Fairfield, Connecticut 249 $ 44,303,000 $ 177,923 $ 96,000
Worcester, Massachusetts 196 $ 26,563,000 $ 135,525 $ 94,000
Essex, Massachusetts 190 $ 33,420,000 $ 175,894 $ 82,000
Hampden, Massachusetts 141 $ 12,622,000 $ 89,517 $ 67,000
Middlesex, Massachusetts 136 $ 33,277,000 $ 244,683 $ 102,000
Broward, Florida 115 $ 20,744,000 $ 180,382 $ 113,000
Prince George's, Maryland 112 $ 20,354,000 $ 181,732 $ 104,000
Baltimore City, Maryland 106 $ 7,123,000 $ 67,198 $ 104,000
Plymouth, Massachusetts 102 $ 18,386,000 $ 180,254 $ 86,000
Hillsborough, New Hampshire 94 $ 12,875,000 $ 136,968 $ 83,000
Miami-Dade, Florida 93 $ 17,538,000 $ 188,580 $ 111,000
Bristol, Massachusetts 91 $ 13,412,000 $ 147,384 $ 82,000
Androscoggin, Maine 77 $ 6,868,000 $ 89,194 $ 83,000
New London, Connecticut 75 $ 9,954,000 $ 132,720 $ 73,000
Hillsborough, Florida 68 $ 6,655,000 $ 97,867 $ 48,000
Jackson, Missouri 62 $ 3,877,000 $ 62,532 $ 100,000
Duval, Florida 59 $ 6,164,000 $ 104,474 $ 76,000
Lee, Florida 55 $ 7,816,000 $ 142,109 $ 93,000
Orange, Florida 55 $ 6,587,000 $ 119,763 $ 64,000
York, Maine 55 $ 7,379,000 $ 134,163 $ 63,000
Kent, Rhode Island 51 $ 7,342,000 $ 143,960 $ 78,000
Norfolk, Massachusetts 49 $ 10,478,000 $ 213,836 $ 101,000
Cumberland, Maine 44 $ 6,266,000 $ 142,409 $ 125,000
St. Louis, Missouri 41 $ 3,813,000 $ 93,000 $ 106,000
Strafford, New Hampshire 41 $ 4,884,000 $ 119,121 $ 110,000
Palm Beach, Florida 40 $ 7,400,000 $ 185,000 $ 102,000
Brevard, Florida 38 $ 4,147,000 $ 109,131 $ 146,000
Kennebec, Maine 38 $ 2,992,000 $ 78,736 $ 72,000
Rockingham, New Hampshire 38 $ 6,074,000 $ 159,842 $ 117,000
Richmond City, Virginia 37 $ 2,452,000 $ 66,270 $ 105,000
Osceola, Florida 36 $ 4,661,000 $ 129,472 $ 43,000
Pinellas, Florida 34 $ 6,362,000 $ 187,117 $ 70,000
Oxford, Maine 32 $ 2,439,000 $ 76,218 $ 82,000
St. Louis City, Missouri 31 $ 2,244,000 $ 72,387 $ 99,000
Norfolk, Virginia 31 $ 2,148,000 $ 69,290 $ 64,000
Windham, Connecticut 29 $ 3,112,000 $ 107,310 $ 74,000
Litchfield, Connecticut 28 $ 4,122,000 $ 147,214 $ 83,000
Montgomery, Maryland 28 $ 6,368,000 $ 227,428 $ 103,000
St. Lucie, Florida 27 $ 2,904,000 $ 107,555 $ 135,000
Merrimack, New Hampshire 26 $ 3,244,000 $ 124,769 $ 89,000
Tolland, Connecticut 25 $ 2,479,000 $ 99,160 $ 177,000
Baltimore, Maryland 25 $ 3,570,000 $ 142,800 $ 78,000
Berkshire, Massachusetts 24 $ 1,386,000 $ 57,750 $ 84,000
Polk, Florida 22 $ 1,926,000 $ 87,545 $ 73,000
Collier, Florida 21 $ 3,953,000 $ 188,238 $ 70,000
Seminole, Florida 21 $ 2,399,000 $ 114,238 $ 50,000
Prince William, Virginia 21 $ 5,101,000 $ 242,904 $ 129,000
Anne Arundel, Maryland 19 $ 2,637,000 $ 138,789 $ 174,000
Volusia, Florida 18 $ 3,055,000 $ 169,722 $ 92,000
Penobscot, Maine 18 $ 1,227,000 $ 68,166 $ 114,000
Belknap, New Hampshire 18 $ 2,406,000 $ 133,666 $ 62,000
Rutland, Vermont 18 $ 1,408,000 $ 78,222 $ 78,000
Washington, Vermont 18 $ 1,408,000 $ 78,222 $ 50,000
Marion, Florida 17 $ 1,193,000 $ 70,176 $ 132,000
Johnson, Kansas 16 $ 2,397,000 $ 149,812 $ 94,000
Barnstable, Massachusetts 16 $ 3,612,000 $ 225,750 $ 109,000
Chesterfield, Virginia 15 $ 1,335,000 $ 89,000 $ 84,000
Middlesex, Connecticut 14 $ 1,544,000 $ 110,285 $ 66,000
Wyandotte, Kansas 14 $ 812,000 $ 58,000 $ 177,000
Sullivan, New Hampshire 14 $ 1,300,000 $ 92,857 $ 137,000
Fairfax, Virginia 14 $ 3,181,000 $ 227,214 $ 198,000
Loudoun, Virginia 14 $ 3,939,000 $ 281,357 $ 303,000
Chesapeake, Virginia 13 $ 1,300,000 $ 100,000 $ 84,000
Charlotte, Florida 12 $ 1,059,000 $ 88,250 $ 72,000
Sarasota, Florida 12 $ 1,839,000 $ 153,250 $ 41,000
Clay, Missouri 12 $ 1,049,000 $ 87,416 $ 101,000
Suffolk, Virginia 12 $ 1,123,000 $ 93,583 $ 129,000
Sagadahoc, Maine 11 $ 1,347,000 $ 122,454 $ 145,000
Portsmouth, Virginia 11 $ 1,339,000 $ 121,727 $ 51,000
Clay, Florida 10 $ 1,692,000 $ 169,200 $ 128,000
Lake, Florida 10 $ 2,187,000 $ 218,700 $ 82,000
Howard, Maryland 10 $ 2,315,000 $ 231,500 $ 106,000
Hampshire, Massachusetts 10 $ 979,000 $ 97,900 $ 39,000
Cheshire, New Hampshire 10 $ 1,710,000 $ 171,000 $ 55,000
Hampton, Virginia 10 $ 497,000 $ 49,700 $ 101,000
Henrico, Virginia 10 $ 1,073,000 $ 107,300 $ 79,000
Newport News, Virginia 10 $ 489,000 $ 48,900 $ 100,000
Washington, Rhode Island 9 $ 3,731,000 $ 414,555 $ 366,000
Bennington, Vermont 9 $ 675,000 $ 75,000 $ 60,000
Virginia Beach, Virginia 9 $ 1,364,000 $ 151,555 $ 50,000
Pasco, Florida 8 $ 617,000 $ 77,125 $ 110,000
Harford, Maryland 8 $ 1,375,000 $ 171,875 $ 84,000
Platte, Missouri 8 $ 815,000 $ 101,875 $ 66,000
Carroll, New Hampshire 8 $ 638,000 $ 79,750 $ 146,000
Newport, Rhode Island 8 $ 2,453,000 $ 306,625 $ 392,000
Spotsylvania, Virginia 8 $ 1,368,000 $ 171,000 $ 35,000
Stafford, Virginia 8 $ 1,246,000 $ 155,750 $ 55,000
Franklin, Maine 7 $ 368,000 $ 52,571 $ 46,000
Knox, Maine 7 $ 630,000 $ 90,000 $ 75,000
Polk, Missouri 7 $ 717,000 $ 102,428 $ 56,000
Grafton, New Hampshire 7 $ 894,000 $ 127,714 $ 37,000
Caledonia, Vermont 7 $ 662,000 $ 94,571 $ 80,000
Windham, Vermont 7 $ 799,000 $ 114,142 $ 230,000
Petersburg, Virginia 7 $ 383,000 $ 54,714 $ 94,000
Alachua, Florida 6 $ 553,000 $ 92,166 $ 66,000
Flagler, Florida 6 $ 729,000 $ 121,500 $ 56,000
Hernando, Florida 6 $ 453,000 $ 75,500 $ 40,000
Monroe, Florida 6 $ 2,212,000 $ 368,666 $ 196,000
Somerset, Maine 6 $ 344,000 $ 57,333 $ 56,000
Waldo, Maine 6 $ 621,000 $ 103,500 $ 97,000
Cecil, Maryland 6 $ 859,000 $ 143,166 $ 162,000
Lincoln, Missouri 6 $ 357,000 $ 59,500 $ 66,000
St. Charles, Missouri 6 $ 472,000 $ 78,666 $ 100,000
Hancock, Maine 5 $ 350,000 $ 70,000 $ 46,000
Piscataquis, Maine 5 $ 351,000 $ 70,200 $ 34,000
Charles, Maryland 5 $ 760,000 $ 152,000 $ 91,000
Indian River, Florida 4 $ 446,000 $ 111,500 $ 74,000
Manatee, Florida 4 $ 1,125,000 $ 281,250 $ 126,000
St. Johns, Florida 4 $ 281,000 $ 70,250 $ 50,000
Aroostook, Maine 4 $ 215,000 $ 53,750 $ 73,000
Frederick, Maryland 4 $ 615,000 $ 153,750 $ 0
Washington, Maryland 4 $ 548,000 $ 137,000 $ 143,000
Boone, Missouri 4 $ 302,000 $ 75,500 $ 118,000
Franklin, Vermont 4 $ 445,000 $ 111,250 $ 98,000
Alexandria, Virginia 4 $ 647,000 $ 161,750 $ 132,000
Louisa, Virginia 4 $ 400,000 $ 100,000 $ 96,000
Waynesboro, Virginia 4 $ 335,000 $ 83,750 $ 87,000
Leavenworth, Kansas 3 $ 170,000 $ 56,666 $ 66,000
Lincoln, Maine 3 $ 426,000 $ 142,000 $ 69,000
Washington, Maine 3 $ 236,000 $ 78,666 $ 83,000
Wicomico, Maryland 3 $ 200,000 $ 66,666 $ 25,000
Bristol, Rhode Island 3 $ 689,000 $ 229,666 $ 64,000
Orange, Vermont 3 $ 764,000 $ 254,666 $ 164,000
Dinwiddie, Virginia 3 $ 267,000 $ 89,000 $ 129,000
Roanoke, Virginia 3 $ 389,000 $ 129,666 $ 0
Citrus, Florida 2 $ 116,000 $ 58,000 $ 99,000
Escambia, Florida 2 $ 85,000 $ 42,500 $ 42,000
Hendry, Florida 2 $ 195,000 $ 97,500 $ 60,000
Leon, Florida 2 $ 165,000 $ 82,500 $ 88,000
Martin, Florida 2 $ 825,000 $ 412,500 $ 459,000
Nassau, Florida 2 $ 233,000 $ 116,500 $ 115,000
Okaloosa, Florida 2 $ 130,000 $ 65,000 $ 35,000
Saline, Kansas 2 $ 89,000 $ 44,500 $ 66,000
Shawnee, Kansas 2 $ 120,000 $ 60,000 $ 84,000
Calvert, Maryland 2 $ 170,000 $ 85,000 $ 108,000
Caroline, Maryland 2 $ 460,000 $ 230,000 $ 199,000
Garrett, Maryland 2 $ 649,000 $ 324,500 $ 330,000
Kent, Maryland 2 $ 162,000 $ 81,000 $ 80,000
Franklin, Massachusetts 2 $ 245,000 $ 122,500 $ 131,000
Bates, Missouri 2 $ 81,000 $ 40,500 $ 83,000
Cass, Missouri 2 $ 176,000 $ 88,000 $ 56,000
Clinton, Missouri 2 $ 192,000 $ 96,000 $ 69,000
Cole, Missouri 2 $ 240,000 $ 120,000 $ 120,000
Jefferson, Missouri 2 $ 137,000 $ 68,500 $ 77,000
Vernon, Missouri 2 $ 206,000 $ 103,000 $ 0
Warren, Missouri 2 $ 127,000 $ 63,500 $ 84,000
Chittenden, Vermont 2 $ 220,000 $ 110,000 $ 59,000
Lamoille, Vermont 2 $ 230,000 $ 115,000 $ 60,000
Amherst, Virginia 2 $ 107,000 $ 53,500 $ 32,000
Caroline, Virginia 2 $ 199,000 $ 99,500 $ 210,000
Harrisonburg, Virginia 2 $ 181,000 $ 90,500 $ 168,000
Isle of Wight, Virginia 2 $ 442,000 $ 221,000 $ 106,000
Mecklenburg, Virginia 2 $ 110,000 $ 55,000 $ 0
Orange, Virginia 2 $ 473,000 $ 236,500 $ 180,000
Page, Virginia 2 $ 171,000 $ 85,500 $ 124,000
Powhatan, Virginia 2 $ 650,000 $ 325,000 $ 0
Rockingham, Virginia 2 $ 181,000 $ 90,500 $ 168,000
Mineral, West Virginia 2 $ 86,000 $ 43,000 $ 34,000
Glades, Florida 1 $ 140,000 $ 140,000 $ 0
Highlands, Florida 1 $ 180,000 $ 180,000 $ 0
Franklin, Kansas 1 $ 100,000 $ 100,000 $ 30,000
Carroll, Maryland 1 $ 528,000 $ 528,000 $ 264,000
Worcester, Maryland 1 $ 163,000 $ 163,000 $ 69,000
Franklin, Missouri 1 $ 76,000 $ 76,000 $ 0
Greene, Missouri 1 $ 60,000 $ 60,000 $ 90,000
Ste. Genevieve, Missouri 1 $ 130,000 $ 130,000 $ 35,000
Addison, Vermont 1 $ 125,000 $ 125,000 $ 56,000
Grand Isle, Vermont 1 $ 1,000,000 $ 1,000,000 $ 1,980,000
Windsor, Vermont 1 $ 114,000 $ 114,000 $ 0
Fairfax City, Virginia 1 $ 316,000 $ 316,000 $ 112,000
Fredericksburg, Virginia 1 $ 544,000 $ 544,000 $ 240,000
Northumberland, Virginia 1 $ 92,000 $ 92,000 $ 0
Westmoreland, Virginia 1 $ 135,000 $ 135,000 $ 37,000

Mortgage Loan Application Detail Totals for Nation One Mortgage Company in 2006

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 4,293 $586,447,000 $136,000 $1,000,000 $91,000 $960,000
Refinancing 1,033 $172,672,000 $167,000 $1,475,000 $88,000 $1,980,000
Home Improvement 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 2,274 $314,464,000 $138,000 $1,475,000 $99,000 $1,980,000
Black or African American 1,312 $181,630,000 $138,000 $907,000 $86,000 $686,000
Hispanic 1,278 $191,554,000 $149,000 $1,000,000 $76,000 $960,000
Not Provided 282 $40,739,000 $144,000 $1,330,000 $87,000 $1,512,000
Asian 145 $24,740,000 $170,000 $1,295,000 $116,000 $510,000
Native Hawaiian or Other Pacific Islander 19 $3,539,000 $186,000 $650,000 $100,000 $266,000
American Indian or Alaskan Native 16 $2,453,000 $153,000 $560,000 $41,000 $92,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 5,326 $759,119,000 $142,000 $1,475,000 $90,000 $1,980,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 1,788 $244,265,000 $136,000 $907,000 $84,000 $540,000
Application Approved But Not Accepted 1,270 $177,861,000 $140,000 $1,330,000 $98,000 $1,980,000
Application Denied By Financial Institution 1,257 $187,876,000 $149,000 $1,475,000 $86,000 $960,000
Application Withdrawn By Applicant 1,011 $149,117,000 $147,000 $1,000,000 $97,000 $1,512,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Other 491 $73,401,000 $149,000 $1,295,000 $88,000 $610,000
Credit History 419 $59,729,000 $142,000 $680,000 $82,000 $960,000
Collateral 133 $22,261,000 $167,000 $1,475,000 $87,000 $510,000
Insufficient Cash (Downpayment, Closing Cost) 78 $12,287,000 $157,000 $784,000 $85,000 $357,000
Debt-To-Income Ratio 65 $8,553,000 $131,000 $460,000 $85,000 $210,000
Unverifiable Information 35 $6,546,000 $187,000 $574,000 $135,000 $543,000
Employment History 30 $4,114,000 $137,000 $862,000 $47,000 $324,000
Credit Application Incomplete 6 $985,000 $164,000 $326,000 $76,000 $138,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Nation One Mortgage Company's 2006 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Nation One Mortgage Company's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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