Nova Financial & Investment Corporation Mortgage Lending & HMDA Data, 2011
In 2011, Nova Financial & Investment Corporation of Tucson, AZ reported 9,101 mortgage applications totaling $1.5 billion, down 14% from 2010. The average application was for $165,246, and applicants reported an average income of $82,530. 77% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Tucson, AZ (4,171), Phoenix-Mesa-Glendale, AZ (2,781) and Denver-Aurora-Broomfield, CO (647) (applications in parentheses).
| Mortgage Company & Address | Nova Financial & Investment Corporation 6245 E. Broadway Blvd., Suite 400 Tucson, AZ 85711 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 |
| Total Number of Mortgage Applications | 9,101 |
| Total Mortgage Loan Application Amount | $1,503,907,000 |
| Average Mortgage Loan Application Amount | $165,246 |
| Highest Mortgage Loan Application Amount | $3,000,000 |
| Average Applicant Income | $82,530 |
| Highest Applicant Income | $6,325,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Nova Financial & Investment Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Pima, Arizona | 4,171 | $ 650,986,000 | $ 156,074 | $ 79,000 |
| Maricopa, Arizona | 2,497 | $ 397,894,000 | $ 159,348 | $ 83,000 |
| Yuma, Arizona | 310 | $ 41,557,000 | $ 134,054 | $ 59,000 |
| Cochise, Arizona | 297 | $ 49,486,000 | $ 166,619 | $ 68,000 |
| Pinal, Arizona | 284 | $ 33,431,000 | $ 117,714 | $ 70,000 |
| Clark, Nevada | 260 | $ 39,628,000 | $ 152,415 | $ 84,000 |
| Jefferson, Colorado | 166 | $ 38,831,000 | $ 233,921 | $ 102,000 |
| Douglas, Colorado | 156 | $ 41,526,000 | $ 266,192 | $ 127,000 |
| Arapahoe, Colorado | 154 | $ 31,979,000 | $ 207,655 | $ 93,000 |
| El Paso, Colorado | 127 | $ 28,251,000 | $ 222,448 | $ 90,000 |
| Denver, Colorado | 120 | $ 27,827,000 | $ 231,891 | $ 106,000 |
| Yavapai, Arizona | 78 | $ 11,977,000 | $ 153,551 | $ 69,000 |
| Graham, Arizona | 41 | $ 5,922,000 | $ 144,439 | $ 59,000 |
| Navajo, Arizona | 32 | $ 6,218,000 | $ 194,312 | $ 188,000 |
| Santa Cruz, Arizona | 30 | $ 6,259,000 | $ 208,633 | $ 109,000 |
| Adams, Colorado | 25 | $ 3,885,000 | $ 155,400 | $ 73,000 |
| San Diego, California | 23 | $ 13,000,000 | $ 565,217 | $ 183,000 |
| Coconino, Arizona | 20 | $ 4,311,000 | $ 215,550 | $ 192,000 |
| Travis, Texas | 20 | $ 4,902,000 | $ 245,100 | $ 72,000 |
| Los Angeles, California | 14 | $ 5,572,000 | $ 398,000 | $ 117,000 |
| Contra Costa, California | 13 | $ 3,086,000 | $ 237,384 | $ 66,000 |
| Riverside, California | 13 | $ 2,443,000 | $ 187,923 | $ 91,000 |
| Gila, Arizona | 10 | $ 1,367,000 | $ 136,700 | $ 130,000 |
| Broomfield, Colorado | 8 | $ 2,531,000 | $ 316,375 | $ 122,000 |
| Park, Colorado | 8 | $ 1,547,000 | $ 193,375 | $ 116,000 |
| Bernalillo, New Mexico | 8 | $ 1,213,000 | $ 151,625 | $ 84,000 |
| King, Washington | 8 | $ 2,488,000 | $ 311,000 | $ 98,000 |
| Sacramento, California | 7 | $ 1,845,000 | $ 263,571 | $ 91,000 |
| Larimer, Colorado | 7 | $ 1,927,000 | $ 275,285 | $ 86,000 |
| Weld, Colorado | 7 | $ 2,105,000 | $ 300,714 | $ 129,000 |
| Santa Fe, New Mexico | 7 | $ 1,595,000 | $ 227,857 | $ 104,000 |
| Orange, California | 6 | $ 2,414,000 | $ 402,333 | $ 260,000 |
| Elbert, Colorado | 6 | $ 1,668,000 | $ 278,000 | $ 150,000 |
| Sandoval, New Mexico | 6 | $ 1,210,000 | $ 201,666 | $ 74,000 |
| Kern, California | 5 | $ 535,000 | $ 107,000 | $ 111,000 |
| Chaffee, Colorado | 5 | $ 1,305,000 | $ 261,000 | $ 100,000 |
| Grand, Colorado | 5 | $ 867,000 | $ 173,400 | $ 129,000 |
| Summit, Colorado | 4 | $ 708,000 | $ 177,000 | $ 230,000 |
| Valencia, New Mexico | 4 | $ 666,000 | $ 166,500 | $ 48,000 |
| Apache, Arizona | 3 | $ 382,000 | $ 127,333 | $ 100,000 |
| Greenlee, Arizona | 3 | $ 421,000 | $ 140,333 | $ 81,000 |
| Alameda, California | 3 | $ 1,630,000 | $ 543,333 | $ 113,000 |
| Placer, California | 3 | $ 934,000 | $ 311,333 | $ 126,000 |
| Solano, California | 3 | $ 273,000 | $ 91,000 | $ 113,000 |
| Sonoma, California | 3 | $ 1,292,000 | $ 430,666 | $ 119,000 |
| Ventura, California | 3 | $ 491,000 | $ 163,666 | $ 122,000 |
| Boulder, Colorado | 3 | $ 1,037,000 | $ 345,666 | $ 100,000 |
| Clear Creek, Colorado | 3 | $ 476,000 | $ 158,666 | $ 66,000 |
| La Plata, Colorado | 3 | $ 1,111,000 | $ 370,333 | $ 167,000 |
| Washoe, Nevada | 3 | $ 493,000 | $ 164,333 | $ 89,000 |
| Bell, Texas | 3 | $ 212,000 | $ 70,666 | $ 142,000 |
| Bexar, Texas | 3 | $ 516,000 | $ 172,000 | $ 89,000 |
| Brazoria, Texas | 3 | $ 331,000 | $ 110,333 | $ 72,000 |
| Harris, Texas | 3 | $ 326,000 | $ 108,666 | $ 36,000 |
| Mohave, Arizona | 2 | $ 319,000 | $ 159,500 | $ 132,000 |
| El Dorado, California | 2 | $ 764,000 | $ 382,000 | $ 135,000 |
| Fresno, California | 2 | $ 192,000 | $ 96,000 | $ 53,000 |
| Monterey, California | 2 | $ 595,000 | $ 297,500 | $ 66,000 |
| Santa Clara, California | 2 | $ 706,000 | $ 353,000 | $ 114,000 |
| Archuleta, Colorado | 2 | $ 286,000 | $ 143,000 | $ 106,000 |
| Eagle, Colorado | 2 | $ 732,000 | $ 366,000 | $ 108,000 |
| Mesa, Colorado | 2 | $ 359,000 | $ 179,500 | $ 52,000 |
| Morgan, Colorado | 2 | $ 221,000 | $ 110,500 | $ 46,000 |
| Teller, Colorado | 2 | $ 375,000 | $ 187,500 | $ 56,000 |
| Kane, Illinois | 2 | $ 519,000 | $ 259,500 | $ 130,000 |
| Nye, Nevada | 2 | $ 309,000 | $ 154,500 | $ 53,000 |
| Dona Ana, New Mexico | 2 | $ 251,000 | $ 125,500 | $ 44,000 |
| Grant, New Mexico | 2 | $ 305,000 | $ 152,500 | $ 142,000 |
| Socorro, New Mexico | 2 | $ 358,000 | $ 179,000 | $ 59,000 |
| Washington, Oregon | 2 | $ 376,000 | $ 188,000 | $ 64,000 |
| Tarrant, Texas | 2 | $ 236,000 | $ 118,000 | $ 60,000 |
| Salt Lake, Utah | 2 | $ 767,000 | $ 383,500 | $ 151,000 |
| Tooele, Utah | 2 | $ 144,000 | $ 72,000 | $ 53,000 |
| Washington, Utah | 2 | $ 342,000 | $ 171,000 | $ 52,000 |
| Humboldt, California | 1 | $ 135,000 | $ 135,000 | $ 45,000 |
| Marin, California | 1 | $ 225,000 | $ 225,000 | $ 47,000 |
| Merced, California | 1 | $ 61,000 | $ 61,000 | $ 144,000 |
| Nevada, California | 1 | $ 149,000 | $ 149,000 | $ 116,000 |
| San Bernardino, California | 1 | $ 85,000 | $ 85,000 | $ 100,000 |
| San Joaquin, California | 1 | $ 160,000 | $ 160,000 | $ 97,000 |
| Santa Barbara, California | 1 | $ 392,000 | $ 392,000 | $ 161,000 |
| Yolo, California | 1 | $ 116,000 | $ 116,000 | $ 81,000 |
| Garfield, Colorado | 1 | $ 389,000 | $ 389,000 | $ 80,000 |
| Gilpin, Colorado | 1 | $ 187,000 | $ 187,000 | $ 119,000 |
| Pueblo, Colorado | 1 | $ 206,000 | $ 206,000 | $ 75,000 |
| Charlotte, Florida | 1 | $ 102,000 | $ 102,000 | $ 153,000 |
| Hillsborough, Florida | 1 | $ 133,000 | $ 133,000 | $ 75,000 |
| Marion, Florida | 1 | $ 35,000 | $ 35,000 | $ 78,000 |
| Miami-Dade, Florida | 1 | $ 241,000 | $ 241,000 | $ 115,000 |
| Okaloosa, Florida | 1 | $ 104,000 | $ 104,000 | $ 107,000 |
| Pinellas, Florida | 1 | $ 50,000 | $ 50,000 | $ 70,000 |
| Santa Rosa, Florida | 1 | $ 139,000 | $ 139,000 | $ 56,000 |
| DuPage, Illinois | 1 | $ 309,000 | $ 309,000 | $ 24,000 |
| Lake, Illinois | 1 | $ 294,000 | $ 294,000 | $ 224,000 |
| St. Clair, Illinois | 1 | $ 180,000 | $ 180,000 | $ 60,000 |
| Will, Illinois | 1 | $ 300,000 | $ 300,000 | $ 58,000 |
| Hamilton, Indiana | 1 | $ 300,000 | $ 300,000 | $ 206,000 |
| East Baton Rouge, Louisiana | 1 | $ 180,000 | $ 180,000 | $ 273,000 |
| Flathead, Montana | 1 | $ 195,000 | $ 195,000 | $ 18,000 |
| Yellowstone, Montana | 1 | $ 416,000 | $ 416,000 | $ 90,000 |
| Hidalgo, New Mexico | 1 | $ 51,000 | $ 51,000 | $ 57,000 |
| McKinley, New Mexico | 1 | $ 132,000 | $ 132,000 | $ 66,000 |
| Otero, New Mexico | 1 | $ 69,000 | $ 69,000 | $ 60,000 |
| Tulsa, Oklahoma | 1 | $ 63,000 | $ 63,000 | $ 95,000 |
| Curry, Oregon | 1 | $ 125,000 | $ 125,000 | $ 36,000 |
| Jackson, Oregon | 1 | $ 382,000 | $ 382,000 | $ 427,000 |
| Lincoln, Oregon | 1 | $ 52,000 | $ 52,000 | $ 55,000 |
| Bastrop, Texas | 1 | $ 160,000 | $ 160,000 | $ 58,000 |
| Collin, Texas | 1 | $ 87,000 | $ 87,000 | $ 135,000 |
| Dallas, Texas | 1 | $ 74,000 | $ 74,000 | $ 70,000 |
| Denton, Texas | 1 | $ 189,000 | $ 189,000 | $ 92,000 |
| Fort Bend, Texas | 1 | $ 104,000 | $ 104,000 | $ 97,000 |
| Grayson, Texas | 1 | $ 280,000 | $ 280,000 | $ 123,000 |
| Guadalupe, Texas | 1 | $ 128,000 | $ 128,000 | $ 29,000 |
| Hays, Texas | 1 | $ 235,000 | $ 235,000 | $ 127,000 |
| Hidalgo, Texas | 1 | $ 308,000 | $ 308,000 | $ 72,000 |
| Llano, Texas | 1 | $ 810,000 | $ 810,000 | $ 420,000 |
| Montgomery, Texas | 1 | $ 273,000 | $ 273,000 | $ 75,000 |
| San Patricio, Texas | 1 | $ 157,000 | $ 157,000 | $ 113,000 |
| Summit, Utah | 1 | $ 270,000 | $ 270,000 | $ 395,000 |
| Fairfax, Virginia | 1 | $ 220,000 | $ 220,000 | $ 80,000 |
| Loudoun, Virginia | 1 | $ 414,000 | $ 414,000 | $ 233,000 |
| Clark, Washington | 1 | $ 243,000 | $ 243,000 | $ 90,000 |
| Cowlitz, Washington | 1 | $ 135,000 | $ 135,000 | $ 42,000 |
| Grays Harbor, Washington | 1 | $ 135,000 | $ 135,000 | $ 882,000 |
| Jefferson, Washington | 1 | $ 196,000 | $ 196,000 | $ 60,000 |
| Pierce, Washington | 1 | $ 347,000 | $ 347,000 | $ 408,000 |
| Spokane, Washington | 1 | $ 142,000 | $ 142,000 | $ 104,000 |
Mortgage Loan Application Detail Totals for Nova Financial & Investment Corporation 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 | 7,292 | $1,134,462,000 | $155,000 | $3,000,000 | $77,000 | $1,792,000 |
| Refinancing | 1,794 | $366,673,000 | $204,000 | $1,600,000 | $105,000 | $6,325,000 |
| Home Improvement | 15 | $2,772,000 | $184,000 | $417,000 | $84,000 | $240,000 |
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 | 6,510 | $1,142,969,000 | $175,000 | $2,000,000 | $89,000 | $1,792,000 |
| Hispanic | 1,528 | $191,815,000 | $125,000 | $3,000,000 | $54,000 | $956,000 |
| Not Provided | 543 | $89,551,000 | $164,000 | $737,000 | $98,000 | $6,325,000 |
| Asian | 242 | $38,334,000 | $158,000 | $417,000 | $90,000 | $1,660,000 |
| Black or African American | 198 | $29,741,000 | $150,000 | $417,000 | $64,000 | $365,000 |
| Native Hawaiian or Other Pacific Islander | 43 | $6,219,000 | $144,000 | $407,000 | $61,000 | $160,000 |
| American Indian or Alaskan Native | 37 | $5,278,000 | $142,000 | $335,000 | $55,000 | $169,000 |
| 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) | 4,651 | $845,322,000 | $181,000 | $3,000,000 | $109,000 | $6,325,000 |
| FHA-insured (Federal Housing Administration) | 3,283 | $452,648,000 | $137,000 | $737,000 | $55,000 | $1,792,000 |
| VA-guaranteed (Veterans Administration) | 895 | $171,744,000 | $191,000 | $852,000 | $61,000 | $443,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 272 | $34,193,000 | $125,000 | $305,000 | $42,000 | $104,000 |
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 | 7,046 | $1,139,903,000 | $161,000 | $1,600,000 | $82,000 | $6,325,000 |
| Application Withdrawn By Applicant | 1,159 | $208,245,000 | $179,000 | $1,481,000 | $90,000 | $1,660,000 |
| File Closed For Incompleteness | 640 | $116,377,000 | $181,000 | $3,000,000 | $88,000 | $960,000 |
| Application Denied By Financial Institution | 229 | $34,932,000 | $152,000 | $852,000 | $64,000 | $315,000 |
| Application Approved But Not Accepted | 27 | $4,450,000 | $164,000 | $349,000 | $79,000 | $172,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 77 | $11,290,000 | $146,000 | $349,000 | $62,000 | $178,000 |
| Collateral | 39 | $6,100,000 | $156,000 | $417,000 | $78,000 | $315,000 |
| Other | 38 | $6,402,000 | $168,000 | $852,000 | $59,000 | $147,000 |
| Debt-To-Income Ratio | 31 | $5,575,000 | $179,000 | $699,000 | $68,000 | $183,000 |
| Employment History | 28 | $3,099,000 | $110,000 | $235,000 | $53,000 | $234,000 |
| Unverifiable Information | 15 | $2,343,000 | $156,000 | $361,000 | $68,000 | $192,000 |
| Mortgage Insurance Denied | 1 | $123,000 | $123,000 | $123,000 | $57,000 | $57,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Nova Financial & Investment Corporation'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 Nova Financial & Investment Corporation'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.
For a list of all lenders in Arizona, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About