Nationwide Mortgage Bankers, Inc. Mortgage Lending & HMDA Data, 2022

In 2022, Nationwide Mortgage Bankers, Inc. of Melville, NY reported 8,304 mortgage applications totaling $3.1 billion, down 30% from 2021. The average application was for $375,960, and applicants reported an average income of $109,003. 58% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Nassau County-Suffolk County, NY (1,927), New York-Jersey City-White Plains, NY-NJ (1,562) and Newark, NJ-PA (468) (applications in parentheses).

Mortgage Company & Address Nationwide Mortgage Bankers, Inc.

Melville, NY 11747
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 8,304
Total Mortgage Loan Application Amount $3,121,980,000
Average Mortgage Loan Application Amount $375,960
Highest Mortgage Loan Application Amount $3,005,000
Average Applicant Income $109,003
Highest Applicant Income $4,800,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Nationwide Mortgage Bankers, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Nationwide Mortgage Bankers, Inc. in 2022

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 5,572 $2,200,150,000 $394,000 $3,005,000 $108,000 $2,760,000
Refinancing 2,730 $920,810,000 $337,000 $2,005,000 $111,000 $4,800,000
Cash-out Refinancing 2 $1,020,000 $510,000 $855,000 $180,000 $300,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 3,247 $1,081,945,000 $333,000 $3,005,000 $119,000 $4,800,000
Hispanic 2,065 $810,395,000 $392,000 $1,445,000 $94,000 $1,662,000
Black or African American 1,550 $625,920,000 $403,000 $1,585,000 $102,000 $568,000
Not Provided 755 $285,465,000 $378,000 $2,005,000 $116,000 $1,717,000
Asian 616 $291,270,000 $472,000 $1,795,000 $120,000 $1,560,000
American Indian or Alaskan Native 33 $12,295,000 $372,000 $1,085,000 $112,000 $927,000
Native Hawaiian or Other Pacific Islander 18 $5,330,000 $296,000 $665,000 $84,000 $129,000
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) 5,383 $1,997,005,000 $370,000 $3,005,000 $120,000 $4,800,000
FHA-insured (Federal Housing Administration) 2,628 $1,019,740,000 $388,000 $1,265,000 $87,000 $1,003,000
VA-guaranteed (Veterans Administration) 275 $102,335,000 $372,000 $1,195,000 $102,000 $463,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 18 $2,900,000 $161,000 $275,000 $52,000 $87,000

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 4,832 $1,832,490,000 $379,000 $1,975,000 $109,000 $2,760,000
Application Withdrawn By Applicant 2,183 $796,585,000 $364,000 $2,005,000 $107,000 $1,560,000
Application Approved But Not Accepted 690 $260,330,000 $377,000 $1,595,000 $112,000 $860,000
Application Denied By Financial Institution 338 $135,920,000 $402,000 $3,005,000 $103,000 $3,489,000
File Closed For Incompleteness 256 $94,530,000 $369,000 $1,805,000 $130,000 $4,800,000
Preapproval Approved but not Accepted 3 $1,505,000 $501,000 $545,000 $78,000 $100,000
Preapproval Denied by Financial Institution 2 $620,000 $310,000 $385,000 $59,000 $77,000
Loan Purchased By The 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 7,964 $2,985,440,000 $374,000 $2,005,000 $109,000 $4,800,000
Debt-To-Income Ratio 153 $62,475,000 $408,000 $1,385,000 $71,000 $436,000
Collateral 66 $24,640,000 $373,000 $1,145,000 $103,000 $390,000
Credit History 41 $14,125,000 $344,000 $635,000 $99,000 $436,000
Insufficient Cash (Downpayment, Closing Cost) 33 $11,745,000 $355,000 $2,005,000 $224,000 $3,489,000
Other 21 $8,035,000 $382,000 $885,000 $100,000 $258,000
Employment History 14 $10,930,000 $780,000 $3,005,000 $179,000 $758,000
Unverifiable Information 10 $3,620,000 $362,000 $925,000 $91,000 $229,000
Credit Application Incomplete 2 $970,000 $485,000 $585,000 $70,000 $99,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Nationwide Mortgage Bankers, Inc.'s 2022 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 Nationwide Mortgage Bankers, Inc.'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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