AllMortgageDetail - Mortgage Application Details

New Day Financial, Llc
Mortgage Loan Application
Totals and Details
for 2014

Download the entire list of lenders located in Maryland to a Spreadsheet or Other File Type
Mortgage Company & Address New Day Financial, Llc
8160 Maple Lawn Blvd., Suite 300
Fulton, MD 20759
Federal Regulator Department of Housing and Urban Development (HUD)
Years 2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 55,682
Total Mortgage Loan Application Amount $12,705,724,000
Average Mortgage Loan Application Amount $174,867
Highest Mortgage Loan Application Amount $40,000,000
Average Applicant Income $65,643
Highest Applicant Income $2,728,000

Mortgage Loan Application Detail Totals for New Day Financial, Llc in 2014

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
Refinancing 55,686 $12,706,837,000 $228,000 $40,000,000 $73,000 $2,728,000
Home Improvement 0 $0 $0 $0 $0 $0
Home Purchase 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 33,250 $7,601,263,000 $228,000 $40,000,000 $74,000 $1,740,000
Black or African American 11,718 $2,380,713,000 $203,000 $1,634,000 $71,000 $2,728,000
Not Provided 5,319 $1,344,057,000 $252,000 $7,231,000 $77,000 $1,120,000
Hispanic 2,850 $707,114,000 $248,000 $2,104,000 $75,000 $524,000
American Indian or Alaskan Native 1,242 $246,626,000 $198,000 $3,512,000 $63,000 $648,000
Asian 827 $279,208,000 $337,000 $1,532,000 $86,000 $375,000
Native Hawaiin or Other Pacific Islander 480 $147,856,000 $308,000 $1,430,000 $78,000 $275,000
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
VA-guaranteed (Veterans Administration) 50,891 $11,790,495,000 $231,000 $40,000,000 $75,000 $2,728,000
FHA-insured (Federal Housing Administration) 4,795 $916,342,000 $191,000 $2,082,000 $61,000 $1,740,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 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
Application Denied By Financial Institution 26,767 $5,910,448,000 $220,000 $40,000,000 $63,000 $2,728,000
Application Withdrawn By Applicant 12,136 $2,994,692,000 $246,000 $5,279,000 $84,000 $1,555,000
File Closed For Incompleteness 11,960 $2,774,794,000 $232,000 $3,512,000 $84,000 $1,511,000
Loan Originated 4,552 $975,323,000 $214,000 $1,803,000 $78,000 $469,000
Application Approved But Not Accepted 271 $51,580,000 $190,000 $653,000 $72,000 $198,000
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $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