Nmsi, Inc. Mortgage Lending & HMDA Data, 2018

In 2018, Nmsi, Inc. of Los Angeles, CA reported 2,966 mortgage applications totaling $1.2 billion, down 22% from 2017. The average application was for $388,442, and applicants reported an average income of $10,632. 94% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,167), Anaheim-Santa Ana-Irvine, CA (700) and Riverside-San Bernardino-Ontario, CA (456) (applications in parentheses).

Mortgage Company & Address Nmsi, Inc.
3700 Wilshire Blvd. Ste. 330
Los Angeles, CA 90010
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 2,966
Total Mortgage Loan Application Amount $1,152,120,000
Average Mortgage Loan Application Amount $388,442
Highest Mortgage Loan Application Amount $1,965,000
Average Applicant Income $10,632
Highest Applicant Income $139,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Nmsi, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Nmsi, Inc. in 2018

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 1,877 $755,625,000 $402,000 $1,965,000 $11,000 $118,000
Cash-out Refinancing 733 $266,515,000 $363,000 $1,235,000 $10,000 $139,000
Refinancing 356 $129,980,000 $365,000 $975,000 $10,000 $102,000
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
Asian 775 $309,555,000 $399,000 $1,655,000 $11,000 $118,000
Not Provided 467 $183,515,000 $392,000 $1,005,000 $11,000 $118,000
White 420 $158,740,000 $377,000 $1,965,000 $9,000 $54,000
Hispanic 117 $38,595,000 $329,000 $785,000 $7,000 $37,000
American Indian or Alaskan Native 49 $21,935,000 $447,000 $1,075,000 $12,000 $98,000
Black or African American 35 $11,545,000 $329,000 $575,000 $8,000 $17,000
Native Hawaiian or Other Pacific Islander 6 $2,330,000 $388,000 $675,000 $12,000 $23,000
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) 2,907 $1,130,935,000 $389,000 $1,965,000 $10,000 $139,000
FHA-insured (Federal Housing Administration) 59 $21,185,000 $359,000 $595,000 $8,000 $25,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 2,785 $1,085,895,000 $389,000 $1,965,000 $10,000 $139,000
Loan Purchased By The Institution 181 $66,225,000 $365,000 $985,000 $9,000 $79,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 2,966 $1,152,120,000 $388,000 $1,965,000 $10,000 $139,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Nmsi, Inc.'s 2018 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 Nmsi, 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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