New Day Financial, Llc
Mortgage Loan Application
Totals and Details
for 2016

Mortgage Company & Address New Day Financial, Llc
8160 Maple Lawn Blvd., Suite 300
Fulton, MD 20759
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 73,258
Total Mortgage Loan Application Amount $17,425,311,000
Average Mortgage Loan Application Amount $182,835
Highest Mortgage Loan Application Amount $4,000,000
Average Applicant Income $64,666
Highest Applicant Income $4,002,000
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Mortgage Loan Application Detail Totals for New Day Financial, Llc in 2016

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 72,211 $17,227,705,000 $238,000 $4,000,000 $74,000 $1,828,000
Home Purchase 1,048 $197,740,000 $188,000 $1,635,000 $78,000 $4,002,000
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 48,062 $11,270,715,000 $234,000 $4,000,000 $73,000 $1,828,000
Black or African American 12,107 $2,726,498,000 $225,000 $1,762,000 $72,000 $910,000
Not Provided 5,419 $1,350,200,000 $249,000 $1,688,000 $75,000 $1,181,000
Hispanic 4,125 $1,085,746,000 $263,000 $1,635,000 $78,000 $4,002,000
American Indian or Alaskan Native 1,712 $367,744,000 $214,000 $1,226,000 $67,000 $517,000
Asian 1,135 $405,784,000 $357,000 $1,226,000 $87,000 $1,224,000
Native Hawaiin or Other Pacific Islander 699 $218,758,000 $312,000 $1,300,000 $79,000 $485,000
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) 71,022 $16,953,506,000 $238,000 $4,000,000 $74,000 $4,002,000
FHA-insured (Federal Housing Administration) 2,237 $471,939,000 $210,000 $1,688,000 $62,000 $1,828,000
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 28,654 $6,462,974,000 $225,000 $4,000,000 $64,000 $4,002,000
File Closed For Incompleteness 17,735 $4,422,614,000 $249,000 $1,920,000 $87,000 $1,700,000
Application Withdrawn By Applicant 16,400 $4,118,444,000 $251,000 $2,247,000 $84,000 $1,224,000
Loan Originated 10,013 $2,311,571,000 $230,000 $1,433,000 $62,000 $549,000
Application Approved But Not Accepted 457 $109,842,000 $240,000 $1,282,000 $77,000 $370,000
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
Download the Maryland Lender List