Nations Direct Mortgage, LLC Mortgage Lending & HMDA Data, 2017

In 2017, Nations Direct Mortgage, LLC of Henderson, NV reported 13,790 mortgage applications totaling $3.7 billion, down 30% from 2016. The average application was for $269,137, and applicants reported an average income of $78,757. 68% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (3,360), Riverside-San Bernardino-Ontario, CA (1,388) and Chicago-Naperville-Arlington Heights, IL (1,037) (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 13,790
Total Mortgage Loan Application Amount $3,711,402,000
Average Mortgage Loan Application Amount $269,137
Highest Mortgage Loan Application Amount $1,360,000
Average Applicant Income $78,757
Highest Applicant Income $2,652,000

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records Nations Direct Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2017

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 9,046 $2,292,687,000 $253,000 $985,000 $76,000 $1,556,000
Refinancing 4,670 $1,398,844,000 $299,000 $1,360,000 $84,000 $2,652,000
Home Improvement 74 $19,871,000 $268,000 $816,000 $85,000 $467,000

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 5,415 $1,426,243,000 $263,000 $1,360,000 $84,000 $2,652,000
Hispanic 5,025 $1,417,230,000 $282,000 $1,000,000 $74,000 $1,556,000
Black or African American 1,888 $424,625,000 $224,000 $1,200,000 $69,000 $807,000
Not Provided 699 $193,753,000 $277,000 $1,123,000 $82,000 $1,308,000
Asian 654 $213,249,000 $326,000 $945,000 $87,000 $307,000
Native Hawaiian or Other Pacific Islander 82 $28,081,000 $342,000 $784,000 $102,000 $300,000
American Indian or Alaskan Native 26 $8,057,000 $309,000 $595,000 $104,000 $557,000
Not applicable 1 $164,000 $164,000 $164,000 $122,000 $122,000

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) 6,684 $1,672,868,000 $250,000 $854,000 $68,000 $534,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 5,578 $1,623,319,000 $291,000 $1,360,000 $93,000 $2,652,000
VA-guaranteed (Veterans Administration) 1,135 $351,131,000 $309,000 $1,194,000 $76,000 $451,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 393 $64,084,000 $163,000 $411,000 $53,000 $130,000

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 9,384 $2,479,088,000 $264,000 $1,150,000 $79,000 $2,652,000
Application Withdrawn By Applicant 3,582 $1,004,944,000 $280,000 $1,360,000 $79,000 $1,556,000
Application Denied By Financial Institution 757 $205,446,000 $271,000 $1,200,000 $70,000 $363,000
File Closed For Incompleteness 67 $21,924,000 $327,000 $618,000 $87,000 $286,000
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
Debt-To-Income Ratio 212 $59,676,000 $281,000 $1,200,000 $62,000 $210,000
Credit History 143 $38,373,000 $268,000 $796,000 $79,000 $252,000
Unverifiable Information 55 $15,314,000 $278,000 $805,000 $68,000 $189,000
Other 49 $13,324,000 $271,000 $984,000 $88,000 $363,000
Collateral 38 $7,612,000 $200,000 $661,000 $76,000 $199,000
Employment History 25 $7,181,000 $287,000 $647,000 $76,000 $213,000
Credit Application Incomplete 15 $4,754,000 $316,000 $1,000,000 $89,000 $151,000
Insufficient Cash (Downpayment, Closing Cost) 8 $2,448,000 $306,000 $891,000 $71,000 $104,000
Mortgage Insurance Denied 1 $243,000 $243,000 $243,000 $57,000 $57,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Nations Direct Mortgage, LLC's 2017 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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