Nations Direct Mortgage, LLC Mortgage Lending & HMDA Data, 2010

In 2010, Nations Direct Mortgage, LLC of Henderson, NV reported 2,855 mortgage applications totaling $745.1 million, down 46% from 2009. The average application was for $260,973, and applicants reported an average income of $67,352. 51% of its applications resulted in an originated loan and 26% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (947), Riverside-San Bernardino-Ontario, CA (509) and Santa Ana-Anaheim-Irvine, CA (231) (applications in parentheses).

Mortgage Company & Address Nations Direct Mortgage, LLC
2475 Village View Drive Suite 100
Henderson, NV 89074
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  
Total Number of Mortgage Applications 2,855
Total Mortgage Loan Application Amount $745,078,000
Average Mortgage Loan Application Amount $260,973
Highest Mortgage Loan Application Amount $933,000
Average Applicant Income $67,352
Highest Applicant Income $1,429,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Nations Direct Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Nations Direct Mortgage, LLC in 2010

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 2,054 $496,049,000 $241,000 $903,000 $71,000 $1,429,000
Refinancing 801 $249,029,000 $310,000 $933,000 $58,000 $700,000
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
Hispanic 1,183 $267,530,000 $226,000 $739,000 $55,000 $354,000
White 796 $234,339,000 $294,000 $875,000 $82,000 $1,429,000
Not Provided 439 $124,353,000 $283,000 $933,000 $70,000 $583,000
Asian 215 $64,533,000 $300,000 $706,000 $75,000 $506,000
Black or African American 185 $42,583,000 $230,000 $635,000 $64,000 $313,000
Native Hawaiian or Other Pacific Islander 28 $9,231,000 $329,000 $825,000 $68,000 $245,000
American Indian or Alaskan Native 9 $2,509,000 $278,000 $664,000 $68,000 $198,000
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
FHA-insured (Federal Housing Administration) 2,477 $644,159,000 $260,000 $903,000 $63,000 $583,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 378 $100,919,000 $266,000 $933,000 $97,000 $1,429,000
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 1,464 $400,393,000 $273,000 $875,000 $68,000 $1,429,000
Application Denied By Financial Institution 735 $175,200,000 $238,000 $745,000 $62,000 $583,000
Application Withdrawn By Applicant 403 $105,589,000 $262,000 $825,000 $71,000 $700,000
File Closed For Incompleteness 253 $63,896,000 $252,000 $933,000 $69,000 $513,000
Application Approved But Not Accepted 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 402 $97,740,000 $243,000 $745,000 $66,000 $583,000
Debt-To-Income Ratio 134 $32,681,000 $243,000 $740,000 $53,000 $337,000
Credit History 121 $26,842,000 $221,000 $726,000 $59,000 $397,000
Collateral 27 $6,787,000 $251,000 $666,000 $63,000 $205,000
Unverifiable Information 18 $4,561,000 $253,000 $638,000 $70,000 $201,000
Credit Application Incomplete 17 $3,291,000 $193,000 $368,000 $60,000 $117,000
Employment History 14 $2,905,000 $207,000 $439,000 $44,000 $104,000
Insufficient Cash (Downpayment, Closing Cost) 2 $393,000 $196,000 $236,000 $38,000 $45,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Nations Direct Mortgage, LLC's 2010 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 Nations Direct Mortgage, LLC'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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