Nation One Mortgage Corporatio Mortgage Lending & HMDA Data, 2024

In 2024, Nation One Mortgage Corporatio of Marlton, NJ reported 2,409 mortgage applications totaling $662.3 million, up 26% from 2023. The average application was for $274,912, and applicants reported an average income of $112,598. 79% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Camden, NJ (552), Vineland-Bridgeton, NJ (446) and Wilmington, DE-MD-NJ (244) (applications in parentheses).

Mortgage Company & Address Nation One Mortgage Corporatio
701 Route 73 N Suite 2
Marlton, NJ 08053
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  
Total Number of Mortgage Applications 2,409
Total Mortgage Loan Application Amount $662,265,000
Average Mortgage Loan Application Amount $274,912
Highest Mortgage Loan Application Amount $2,665,000
Average Applicant Income $112,598
Highest Applicant Income $5,610,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Nation One Mortgage Corporatio filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Nation One Mortgage Corporatio in 2024

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 2,176 $594,860,000 $273,000 $2,005,000 $107,000 $3,187,000
Cash-out Refinancing 167 $47,765,000 $286,000 $2,665,000 $171,000 $5,610,000
Refinancing 62 $18,820,000 $303,000 $925,000 $142,000 $657,000
Other Purpose 4 $820,000 $205,000 $505,000 $264,000 $618,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 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 1,125 $316,285,000 $281,000 $2,665,000 $129,000 $5,610,000
Black or African American 554 $155,520,000 $280,000 $925,000 $94,000 $410,000
Hispanic 406 $96,480,000 $237,000 $725,000 $88,000 $419,000
Not Provided 239 $68,215,000 $285,000 $2,005,000 $120,000 $939,000
Asian 77 $23,465,000 $304,000 $715,000 $120,000 $618,000
American Indian or Alaskan Native 8 $2,300,000 $287,000 $445,000 $133,000 $558,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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) 1,157 $288,025,000 $248,000 $2,665,000 $130,000 $5,610,000
FHA-insured (Federal Housing Administration) 1,030 $298,320,000 $289,000 $1,025,000 $97,000 $3,311,000
VA-guaranteed (Veterans Administration) 196 $69,360,000 $353,000 $695,000 $97,000 $575,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 26 $6,560,000 $252,000 $445,000 $88,000 $139,000

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 1,897 $523,535,000 $275,000 $2,665,000 $109,000 $3,311,000
Application Withdrawn By Applicant 364 $96,190,000 $264,000 $2,665,000 $113,000 $1,367,000
File Closed For Incompleteness 97 $28,355,000 $292,000 $1,815,000 $196,000 $5,610,000
Application Denied By Financial Institution 37 $9,875,000 $266,000 $895,000 $90,000 $247,000
Application Approved But Not Accepted 14 $4,310,000 $307,000 $655,000 $87,000 $165,000
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
Not applicable 2,372 $652,390,000 $275,000 $2,665,000 $113,000 $5,610,000
Debt-To-Income Ratio 13 $3,025,000 $232,000 $495,000 $62,000 $139,000
Collateral 6 $1,260,000 $210,000 $325,000 $103,000 $137,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,700,000 $283,000 $505,000 $93,000 $120,000
Mortgage Insurance Denied 3 $925,000 $308,000 $465,000 $98,000 $127,000
Other 3 $1,725,000 $575,000 $895,000 $163,000 $247,000
Unverifiable Information 3 $675,000 $225,000 $415,000 $96,000 $150,000
Credit History 2 $250,000 $125,000 $155,000 $91,000 $98,000
Employment History 1 $315,000 $315,000 $315,000 $96,000 $96,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Nation One Mortgage Corporatio's 2024 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 Corporatio'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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