Nest Home Lending, LLC Mortgage Lending & HMDA Data, 2019

In 2019, Nest Home Lending, LLC of Houston, TX reported 1,595 mortgage applications totaling $551.4 million. The average application was for $345,721, and applicants reported an average income of $83,493. 81% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Denver-Aurora-Lakewood, CO (882), Colorado Springs, CO (289) and Greeley, CO (153) (applications in parentheses).

Mortgage Company & Address Nest Home Lending, LLC
1177 W Loop S Fwy #700
Houston, TX 77027
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  
Total Number of Mortgage Applications 1,595
Total Mortgage Loan Application Amount $551,425,000
Average Mortgage Loan Application Amount $345,721
Highest Mortgage Loan Application Amount $845,000
Average Applicant Income $83,493
Highest Applicant Income $1,474,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Nest Home Lending, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Nest Home Lending, LLC in 2019

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 1,380 $479,980,000 $347,000 $845,000 $83,000 $1,474,000
Refinancing 159 $54,535,000 $342,000 $565,000 $90,000 $1,359,000
Cash-out Refinancing 51 $15,745,000 $308,000 $685,000 $77,000 $210,000
Other Purpose 5 $1,165,000 $233,000 $305,000 $79,000 $173,000
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 973 $331,455,000 $340,000 $845,000 $88,000 $1,474,000
Hispanic 218 $75,230,000 $345,000 $575,000 $67,000 $784,000
Not Provided 152 $54,870,000 $360,000 $565,000 $87,000 $1,359,000
Black or African American 143 $50,765,000 $355,000 $795,000 $75,000 $239,000
Asian 58 $20,100,000 $346,000 $565,000 $75,000 $266,000
American Indian or Alaskan Native 20 $7,060,000 $353,000 $525,000 $59,000 $191,000
Native Hawaiian or Other Pacific Islander 4 $1,400,000 $350,000 $385,000 $106,000 $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) 1,025 $340,795,000 $332,000 $665,000 $89,000 $1,474,000
FHA-insured (Federal Housing Administration) 309 $108,555,000 $351,000 $575,000 $64,000 $266,000
VA-guaranteed (Veterans Administration) 258 $100,890,000 $391,000 $845,000 $84,000 $293,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $1,185,000 $395,000 $465,000 $60,000 $97,000

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 1,288 $444,460,000 $345,000 $795,000 $103,000 $1,474,000
Application Withdrawn By Applicant 282 $99,120,000 $351,000 $845,000 $0 $0
Application Denied By Financial Institution 19 $5,955,000 $313,000 $465,000 $0 $0
Application Approved But Not Accepted 6 $1,890,000 $315,000 $435,000 $0 $0
File Closed For Incompleteness 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
Not applicable 1,576 $545,470,000 $346,000 $845,000 $84,000 $1,474,000
Credit Application Incomplete 7 $2,345,000 $335,000 $465,000 $0 $0
Credit History 5 $1,585,000 $317,000 $405,000 $0 $0
Debt-To-Income Ratio 5 $1,265,000 $253,000 $335,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 1 $355,000 $355,000 $355,000 $0 $0
Collateral 1 $405,000 $405,000 $405,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Nest Home Lending, LLC's 2019 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 Nest Home Lending, 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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