Ne Moves Mortgage, LLC Mortgage Lending & HMDA Data, 2011

In 2011, Ne Moves Mortgage, LLC of Waltham, MA reported 4,786 mortgage applications totaling $1.2 billion, down 28% from 2010. The average application was for $256,544, and applicants reported an average income of $108,301. 82% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Cambridge-Newton-Framingham, MA (931), Boston-Quincy, MA (839) and Hartford-West Hartford-East Hartford, CT (469) (applications in parentheses).

Mortgage Company & Address Ne Moves Mortgage, LLC
52 Second Avenue, 3rd Floor
Waltham, MA 02451
Tel #: available with data download
Federal Regulator * available with data download
Years 2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 4,786
Total Mortgage Loan Application Amount $1,227,822,000
Average Mortgage Loan Application Amount $256,544
Highest Mortgage Loan Application Amount $1,988,000
Average Applicant Income $108,301
Highest Applicant Income $2,354,000

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(HMDA) records Ne Moves Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Ne Moves Mortgage, LLC by County in 2011

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Middlesex, Massachusetts 931 $ 287,298,000 $ 308,590 $ 128,000
New Haven, Connecticut 432 $ 87,921,000 $ 203,520 $ 82,000
Norfolk, Massachusetts 425 $ 135,411,000 $ 318,614 $ 133,000
Hartford, Connecticut 382 $ 83,476,000 $ 218,523 $ 108,000
Essex, Massachusetts 335 $ 95,269,000 $ 284,385 $ 111,000
Fairfield, Connecticut 270 $ 92,672,000 $ 343,229 $ 138,000
Suffolk, Massachusetts 226 $ 66,822,000 $ 295,672 $ 122,000
Worcester, Massachusetts 212 $ 45,192,000 $ 213,169 $ 90,000
Plymouth, Massachusetts 188 $ 54,963,000 $ 292,356 $ 114,000
Providence, Rhode Island 159 $ 26,009,000 $ 163,578 $ 74,000
Hampden, Massachusetts 144 $ 24,567,000 $ 170,604 $ 69,000
Hillsborough, New Hampshire 128 $ 27,122,000 $ 211,890 $ 93,000
New London, Connecticut 122 $ 25,890,000 $ 212,213 $ 88,000
Cumberland, Maine 114 $ 22,115,000 $ 193,991 $ 81,000
Bristol, Massachusetts 110 $ 27,600,000 $ 250,909 $ 95,000
Rockingham, New Hampshire 91 $ 22,017,000 $ 241,945 $ 91,000
Kent, Rhode Island 67 $ 12,367,000 $ 184,582 $ 78,000
York, Maine 58 $ 11,835,000 $ 204,051 $ 100,000
Middlesex, Connecticut 51 $ 12,287,000 $ 240,921 $ 98,000
Belknap, New Hampshire 49 $ 8,585,000 $ 175,204 $ 80,000
Tolland, Connecticut 36 $ 7,331,000 $ 203,638 $ 93,000
Barnstable, Massachusetts 36 $ 9,812,000 $ 272,555 $ 180,000
Litchfield, Connecticut 30 $ 6,367,000 $ 212,233 $ 107,000
Sagadahoc, Maine 28 $ 3,911,000 $ 139,678 $ 43,000
Strafford, New Hampshire 26 $ 5,126,000 $ 197,153 $ 80,000
Merrimack, New Hampshire 25 $ 4,859,000 $ 194,360 $ 85,000
Hampshire, Massachusetts 24 $ 5,231,000 $ 217,958 $ 100,000
Washington, Rhode Island 20 $ 4,218,000 $ 210,900 $ 88,000
Carroll, New Hampshire 17 $ 3,059,000 $ 179,941 $ 100,000
Androscoggin, Maine 10 $ 1,560,000 $ 156,000 $ 60,000
Windham, Connecticut 5 $ 712,000 $ 142,400 $ 75,000
Kennebec, Maine 5 $ 665,000 $ 133,000 $ 74,000
Newport, Rhode Island 5 $ 1,067,000 $ 213,400 $ 76,000
Lincoln, Maine 4 $ 461,000 $ 115,250 $ 30,000
Grafton, New Hampshire 4 $ 579,000 $ 144,750 $ 111,000
Bristol, Rhode Island 4 $ 1,151,000 $ 287,750 $ 75,000
Penobscot, Maine 3 $ 404,000 $ 134,666 $ 85,000
Oxford, Maine 2 $ 258,000 $ 129,000 $ 225,000
Knox, Maine 1 $ 78,000 $ 78,000 $ 100,000
Berkshire, Massachusetts 1 $ 417,000 $ 417,000 $ 2,354,000
Dukes, Massachusetts 1 $ 417,000 $ 417,000 $ 368,000
Franklin, Massachusetts 1 $ 72,000 $ 72,000 $ 125,000
Nantucket, Massachusetts 1 $ 225,000 $ 225,000 $ 187,000
Cheshire, New Hampshire 1 $ 188,000 $ 188,000 $ 58,000
Coos, New Hampshire 1 $ 75,000 $ 75,000 $ 208,000
Sullivan, New Hampshire 1 $ 161,000 $ 161,000 $ 50,000

Mortgage Loan Application Detail Totals for Ne Moves Mortgage, LLC in 2011

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 3,727 $917,466,000 $246,000 $1,400,000 $101,000 $1,630,000
Refinancing 1,059 $310,356,000 $293,000 $1,988,000 $134,000 $2,354,000
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 4,167 $1,074,669,000 $257,000 $1,988,000 $110,000 $2,354,000
Asian 177 $48,031,000 $271,000 $680,000 $110,000 $363,000
Not Provided 155 $43,020,000 $277,000 $785,000 $118,000 $500,000
Hispanic 150 $30,831,000 $205,000 $473,000 $75,000 $241,000
Black or African American 122 $26,690,000 $218,000 $524,000 $82,000 $767,000
Native Hawaiian or Other Pacific Islander 8 $2,741,000 $342,000 $555,000 $152,000 $400,000
American Indian or Alaskan Native 7 $1,840,000 $262,000 $380,000 $98,000 $146,000
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) 3,132 $846,987,000 $270,000 $1,988,000 $123,000 $2,354,000
FHA-insured (Federal Housing Administration) 1,434 $323,159,000 $225,000 $719,000 $79,000 $1,200,000
VA-guaranteed (Veterans Administration) 220 $57,676,000 $262,000 $615,000 $83,000 $391,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 3,901 $1,009,820,000 $258,000 $729,000 $109,000 $2,354,000
Application Denied By Financial Institution 375 $87,017,000 $232,000 $900,000 $90,000 $800,000
Application Withdrawn By Applicant 278 $72,244,000 $259,000 $1,988,000 $114,000 $1,200,000
Application Approved But Not Accepted 222 $56,280,000 $253,000 $1,400,000 $108,000 $1,630,000
File Closed For Incompleteness 10 $2,461,000 $246,000 $524,000 $181,000 $808,000
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
Debt-To-Income Ratio 109 $24,240,000 $222,000 $431,000 $69,000 $337,000
Collateral 99 $23,877,000 $241,000 $858,000 $100,000 $414,000
Credit History 55 $11,736,000 $213,000 $560,000 $81,000 $254,000
Other 36 $8,832,000 $245,000 $729,000 $93,000 $310,000
Employment History 24 $5,061,000 $210,000 $475,000 $98,000 $209,000
Unverifiable Information 19 $4,355,000 $229,000 $517,000 $132,000 $800,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,331,000 $221,000 $396,000 $87,000 $230,000
Mortgage Insurance Denied 1 $412,000 $412,000 $412,000 $198,000 $198,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Ne Moves Mortgage, LLC's 2011 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 Ne Moves 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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