Nova Financial & Investment Corporation
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020

Nova Financial & Investment Corporation 2020 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.

Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher, this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.

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 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  
Total Number of Mortgage Applications 40,245
Total Mortgage Loan Application Amount $10,504,515,000
Average Mortgage Loan Application Amount $258,000
Highest Mortgage Loan Application Amount $3,085,000
Average Applicant Income $101,333
Highest Applicant Income $6,600,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Nova Financial & Investment Corporation. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Nova Financial & Investment Corporation's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2020 breaks down Nova Financial & Investment Corporation's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Nova Financial & Investment Corporation serves its applicants.

Each category highlights the total number of mortgage applications processed by Nova Financial & Investment Corporation, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Nova Financial & Investment Corporation's mortgage activity for 2020.

Mortgage Loan Application Totals for Nova Financial & Investment Corporation by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Pima County Arizona 12,806 $ 2,786,550,000 $ 217,000 $ 91,000
Maricopa County Arizona 10,947 $ 2,954,985,000 $ 269,000 $ 97,000
Clark County Nevada 2,053 $ 561,995,000 $ 273,000 $ 101,000
Yuma County Arizona 1,974 $ 354,370,000 $ 179,000 $ 77,000
Pinal County Arizona 1,543 $ 326,375,000 $ 211,000 $ 73,000
Cochise County Arizona 1,390 $ 271,090,000 $ 195,000 $ 75,000
Arapahoe County Colorado 1,137 $ 371,335,000 $ 326,000 $ 119,000
Denver County Colorado 1,085 $ 402,605,000 $ 371,000 $ 141,000
Jefferson County Colorado 1,017 $ 357,945,000 $ 351,000 $ 125,000
Douglas County Colorado 910 $ 357,990,000 $ 393,000 $ 144,000
San Diego County California 799 $ 400,085,000 $ 500,000 $ 185,000
Adams County Colorado 571 $ 177,195,000 $ 310,000 $ 102,000
Mohave County Arizona 374 $ 70,910,000 $ 189,000 $ 84,000
Coconino County Arizona 323 $ 98,415,000 $ 304,000 $ 132,000
El Paso County Colorado 280 $ 85,340,000 $ 304,000 $ 94,000
Yavapai County Arizona 277 $ 73,975,000 $ 267,000 $ 98,000
Boulder County Colorado 186 $ 77,540,000 $ 416,000 $ 156,000
Harris County Texas 185 $ 44,755,000 $ 241,000 $ 111,000
Weld County Colorado 178 $ 56,020,000 $ 314,000 $ 110,000
Santa Cruz County Arizona 153 $ 30,455,000 $ 199,000 $ 80,000
Navajo County Arizona 138 $ 30,060,000 $ 217,000 $ 130,000
Graham County Arizona 116 $ 22,220,000 $ 191,000 $ 77,000
Larimer County Colorado 113 $ 35,065,000 $ 310,000 $ 111,000
Broomfield County Colorado 97 $ 35,225,000 $ 363,000 $ 157,000
Marion County Indiana 90 $ 21,770,000 $ 241,000 $ 126,000
Los Angeles County California 86 $ 43,780,000 $ 509,000 $ 195,000
La Paz County Arizona 80 $ 15,820,000 $ 197,000 $ 96,000
Fort Bend County Texas 79 $ 23,995,000 $ 303,000 $ 195,000
Gila County Arizona 76 $ 16,850,000 $ 221,000 $ 115,000
Elbert County Colorado 67 $ 27,695,000 $ 413,000 $ 137,000
Riverside County California 65 $ 20,605,000 $ 317,000 $ 217,000
Orange County California 57 $ 28,995,000 $ 508,000 $ 186,000
Summit County Colorado 41 $ 17,615,000 $ 429,000 $ 284,000
Park County Colorado 33 $ 11,445,000 $ 346,000 $ 136,000
Grand County Colorado 27 $ 12,925,000 $ 478,000 $ 479,000
Nye County Nevada 25 $ 4,975,000 $ 199,000 $ 66,000
Eagle County Colorado 23 $ 11,295,000 $ 491,000 $ 273,000
San Bernardino County California 22 $ 6,980,000 $ 317,000 $ 134,000
Pueblo County Colorado 22 $ 5,450,000 $ 247,000 $ 99,000
Apache County Arizona 21 $ 4,085,000 $ 194,000 $ 104,000
Hamilton County Indiana 21 $ 6,185,000 $ 294,000 $ 112,000
Sacramento County California 18 $ 6,110,000 $ 339,000 $ 103,000
Washoe County Nevada 18 $ 5,630,000 $ 312,000 $ 173,000
Mesa County Colorado 16 $ 5,080,000 $ 317,000 $ 128,000
Cook County Illinois 15 $ 5,485,000 $ 365,000 $ 177,000
King County Washington 15 $ 7,555,000 $ 503,000 $ 193,000
Santa Clara County California 14 $ 11,060,000 $ 790,000 $ 246,000
Clear Creek County Colorado 14 $ 5,200,000 $ 371,000 $ 125,000
Dona Ana County New Mexico 14 $ 2,880,000 $ 205,000 $ 89,000
Montgomery County Texas 14 $ 3,510,000 $ 250,000 $ 112,000
Teller County Colorado 13 $ 4,395,000 $ 338,000 $ 103,000
Alameda County California 12 $ 4,790,000 $ 399,000 $ 155,000
San Luis Obispo County California 12 $ 5,270,000 $ 439,000 $ 147,000
Dallas County Texas 11 $ 4,185,000 $ 380,000 $ 140,000
Gilpin County Colorado 10 $ 4,020,000 $ 402,000 $ 101,000
Miami-Dade County Florida 10 $ 4,090,000 $ 409,000 $ 243,000
Williamson County Texas 10 $ 3,070,000 $ 307,000 $ 121,000
Imperial County California 9 $ 1,585,000 $ 176,000 $ 70,000
Ventura County California 9 $ 4,065,000 $ 451,000 $ 171,000
Fremont County Colorado 9 $ 1,935,000 $ 215,000 $ 93,000
Routt County Colorado 9 $ 3,785,000 $ 420,000 $ 170,000
Bexar County Texas 9 $ 2,035,000 $ 226,000 $ 121,000
Collin County Texas 9 $ 2,675,000 $ 297,000 $ 75,000
Pierce County Washington 9 $ 2,725,000 $ 302,000 $ 89,000
Monterey County California 8 $ 3,570,000 $ 446,000 $ 119,000
El Paso County Texas 8 $ 1,280,000 $ 160,000 $ 77,000
Galveston County Texas 8 $ 1,950,000 $ 243,000 $ 126,000
Travis County Texas 8 $ 3,740,000 $ 467,000 $ 211,000
Greenlee County Arizona 7 $ 925,000 $ 132,000 $ 88,000
Contra Costa County California 7 $ 2,545,000 $ 363,000 $ 174,000
Brevard County Florida 7 $ 1,965,000 $ 280,000 $ 154,000
Denton County Texas 7 $ 1,885,000 $ 269,000 $ 63,000
Tarrant County Texas 7 $ 1,075,000 $ 153,000 $ 93,000
Kern County California 6 $ 1,520,000 $ 253,000 $ 86,000
Gunnison County Colorado 6 $ 1,800,000 $ 300,000 $ 104,000
Johnson County Indiana 6 $ 1,350,000 $ 225,000 $ 76,000
Bernalillo County New Mexico 6 $ 1,630,000 $ 271,000 $ 100,000
Marin County California 5 $ 4,325,000 $ 865,000 $ 286,000
Placer County California 5 $ 2,025,000 $ 405,000 $ 305,000
San Mateo County California 5 $ 3,495,000 $ 699,000 $ 244,000
Santa Barbara County California 5 $ 2,645,000 $ 529,000 $ 129,000
Sutter County California 5 $ 1,395,000 $ 279,000 $ 148,000
Archuleta County Colorado 5 $ 1,045,000 $ 209,000 $ 41,000
Chaffee County Colorado 5 $ 1,805,000 $ 361,000 $ 181,000
Morgan County Colorado 5 $ 1,135,000 $ 227,000 $ 61,000
Broward County Florida 5 $ 2,975,000 $ 595,000 $ 277,000
Flagler County Florida 5 $ 995,000 $ 199,000 $ 77,000
Sandoval County New Mexico 5 $ 1,285,000 $ 257,000 $ 91,000
Jackson County Oregon 5 $ 1,485,000 $ 297,000 $ 193,000
Brazoria County Texas 5 $ 1,415,000 $ 283,000 $ 171,000
McLennan County Texas 5 $ 985,000 $ 197,000 $ 86,000
Waller County Texas 5 $ 2,525,000 $ 505,000 $ 281,000
Kane County Utah 5 $ 1,095,000 $ 219,000 $ 151,000
Summit County Utah 5 $ 2,765,000 $ 553,000 $ 359,000
Spokane County Washington 5 $ 1,095,000 $ 219,000 $ 128,000
San Joaquin County California 4 $ 900,000 $ 225,000 $ 80,000
Yolo County California 4 $ 1,150,000 $ 287,000 $ 138,000
Kit Carson County Colorado 4 $ 770,000 $ 192,000 $ 40,000
Lincoln County Colorado 4 $ 820,000 $ 205,000 $ 148,000
Citrus County Florida 4 $ 830,000 $ 207,000 $ 206,000
Collier County Florida 4 $ 1,560,000 $ 390,000 $ 219,000
Hillsborough County Florida 4 $ 1,860,000 $ 465,000 $ 151,000
Monroe County Florida 4 $ 2,890,000 $ 722,000 $ 134,000
Pasco County Florida 4 $ 1,340,000 $ 335,000 $ 110,000
Jefferson County Kentucky 4 $ 880,000 $ 220,000 $ 141,000
McKinley County New Mexico 4 $ 530,000 $ 132,000 $ 110,000
Multnomah County Oregon 4 $ 950,000 $ 237,000 $ 87,000
Lubbock County Texas 4 $ 590,000 $ 147,000 $ 128,000
Midland County Texas 4 $ 1,130,000 $ 282,000 $ 133,000
Cache County Utah 4 $ 1,960,000 $ 490,000 $ 379,000
Clark County Washington 4 $ 1,360,000 $ 340,000 $ 87,000
Fresno County California 3 $ 995,000 $ 331,000 $ 82,000
Nevada County California 3 $ 1,405,000 $ 468,000 $ 193,000
San Francisco County California 3 $ 1,935,000 $ 645,000 $ 206,000
Solano County California 3 $ 735,000 $ 245,000 $ 75,000
Sonoma County California 3 $ 1,015,000 $ 338,000 $ 144,000
Alamosa County Colorado 3 $ 535,000 $ 178,000 $ 101,000
Garfield County Colorado 3 $ 1,375,000 $ 458,000 $ 212,000
La Plata County Colorado 3 $ 775,000 $ 258,000 $ 94,000
Lake County Colorado 3 $ 725,000 $ 241,000 $ 132,000
Las Animas County Colorado 3 $ 585,000 $ 195,000 $ 59,000
Phillips County Colorado 3 $ 415,000 $ 138,000 $ 72,000
Duval County Florida 3 $ 315,000 $ 105,000 $ 81,000
Manatee County Florida 3 $ 895,000 $ 298,000 $ 119,000
Lake County Illinois 3 $ 875,000 $ 291,000 $ 234,000
Douglas County Nevada 3 $ 1,235,000 $ 411,000 $ 151,000
Santa Fe County New Mexico 3 $ 1,205,000 $ 401,000 $ 141,000
Douglas County Oregon 3 $ 755,000 $ 251,000 $ 53,000
Washington County Oregon 3 $ 775,000 $ 258,000 $ 108,000
Delaware County Pennsylvania 3 $ 895,000 $ 298,000 $ 145,000
Bell County Texas 3 $ 765,000 $ 255,000 $ 34,000
Hays County Texas 3 $ 1,185,000 $ 395,000 $ 212,000
Liberty County Texas 3 $ 605,000 $ 201,000 $ 78,000
Kitsap County Washington 3 $ 955,000 $ 318,000 $ 88,000
Thurston County Washington 3 $ 915,000 $ 305,000 $ 51,000
Whatcom County Washington 3 $ 915,000 $ 305,000 $ 83,000
Calaveras County California 2 $ 1,620,000 $ 810,000 $ 211,000
Humboldt County California 2 $ 580,000 $ 290,000 $ 0
Stanislaus County California 2 $ 610,000 $ 305,000 $ 99,000
Tehama County California 2 $ 500,000 $ 250,000 $ 105,000
Bent County Colorado 2 $ 70,000 $ 35,000 $ 14,000
Custer County Colorado 2 $ 540,000 $ 270,000 $ 112,000
Montrose County Colorado 2 $ 540,000 $ 270,000 $ 107,000
Rio Grande County Colorado 2 $ 630,000 $ 315,000 $ 210,000
San Miguel County Colorado 2 $ 640,000 $ 320,000 $ 106,000
Charlotte County Florida 2 $ 590,000 $ 295,000 $ 221,000
Lee County Florida 2 $ 610,000 $ 305,000 $ 232,000
Marion County Florida 2 $ 270,000 $ 135,000 $ 48,000
Palm Beach County Florida 2 $ 550,000 $ 275,000 $ 177,000
Pinellas County Florida 2 $ 370,000 $ 185,000 $ 29,000
Polk County Florida 2 $ 300,000 $ 150,000 $ 67,000
Hendricks County Indiana 2 $ 450,000 $ 225,000 $ 110,000
Lake County Indiana 2 $ 490,000 $ 245,000 $ 147,000
Shelby County Indiana 2 $ 270,000 $ 135,000 $ 62,000
Lincoln County Nevada 2 $ 440,000 $ 220,000 $ 79,000
Grant County New Mexico 2 $ 320,000 $ 160,000 $ 74,000
Hidalgo County New Mexico 2 $ 180,000 $ 90,000 $ 37,000
Otero County New Mexico 2 $ 200,000 $ 100,000 $ 85,000
San Juan County New Mexico 2 $ 310,000 $ 155,000 $ 47,000
Wallowa County Oregon 2 $ 230,000 $ 115,000 $ 53,000
Austin County Texas 2 $ 310,000 $ 155,000 $ 57,000
Ector County Texas 2 $ 490,000 $ 245,000 $ 32,000
Guadalupe County Texas 2 $ 360,000 $ 180,000 $ 83,000
Nueces County Texas 2 $ 620,000 $ 310,000 $ 149,000
Utah County Utah 2 $ 620,000 $ 310,000 $ 111,000
Washington County Utah 2 $ 690,000 $ 345,000 $ 131,000
Kittitas County Washington 2 $ 960,000 $ 480,000 $ 155,000
Mason County Washington 2 $ 650,000 $ 325,000 $ 78,000
Skagit County Washington 2 $ 680,000 $ 340,000 $ 84,000
Mendocino County California 1 $ 115,000 $ 115,000 $ 36,000
Modoc County California 1 $ 135,000 $ 135,000 $ 108,000
Santa Cruz County California 1 $ 315,000 $ 315,000 $ 114,000
Siskiyou County California 1 $ 385,000 $ 385,000 $ 89,000
Tulare County California 1 $ 135,000 $ 135,000 $ 156,000
Huerfano County Colorado 1 $ 75,000 $ 75,000 $ 31,000
Logan County Colorado 1 $ 265,000 $ 265,000 $ 160,000
Moffat County Colorado 1 $ 225,000 $ 225,000 $ 51,000
Ouray County Colorado 1 $ 305,000 $ 305,000 $ 55,000
Pitkin County Colorado 1 $ 245,000 $ 245,000 $ 55,000
Yuma County Colorado 1 $ 205,000 $ 205,000 $ 89,000
Alachua County Florida 1 $ 165,000 $ 165,000 $ 84,000
Bay County Florida 1 $ 315,000 $ 315,000 $ 148,000
Escambia County Florida 1 $ 75,000 $ 75,000 $ 85,000
Hernando County Florida 1 $ 85,000 $ 85,000 $ 105,000
Indian River County Florida 1 $ 255,000 $ 255,000 $ 134,000
Martin County Florida 1 $ 175,000 $ 175,000 $ 66,000
Orange County Florida 1 $ 235,000 $ 235,000 $ 65,000
Osceola County Florida 1 $ 395,000 $ 395,000 $ 60,000
Seminole County Florida 1 $ 265,000 $ 265,000 $ 65,000
St. Lucie County Florida 1 $ 175,000 $ 175,000 $ 56,000
Sumter County Florida 1 $ 185,000 $ 185,000 $ 132,000
Volusia County Florida 1 $ 345,000 $ 345,000 $ 409,000
Walton County Florida 1 $ 1,025,000 $ 1,025,000 $ 512,000
DuPage County Illinois 1 $ 225,000 $ 225,000 $ 70,000
Sangamon County Illinois 1 $ 405,000 $ 405,000 $ 0
Allen County Indiana 1 $ 155,000 $ 155,000 $ 0
Bartholomew County Indiana 1 $ 175,000 $ 175,000 $ 42,000
Boone County Indiana 1 $ 135,000 $ 135,000 $ 151,000
Dearborn County Indiana 1 $ 125,000 $ 125,000 $ 54,000
Elkhart County Indiana 1 $ 165,000 $ 165,000 $ 64,000
Hancock County Indiana 1 $ 255,000 $ 255,000 $ 115,000
Kosciusko County Indiana 1 $ 175,000 $ 175,000 $ 121,000
Madison County Indiana 1 $ 135,000 $ 135,000 $ 37,000
Porter County Indiana 1 $ 155,000 $ 155,000 $ 100,000
St. Joseph County Indiana 1 $ 65,000 $ 65,000 $ 180,000
Steuben County Indiana 1 $ 465,000 $ 465,000 $ 104,000
Bullitt County Kentucky 1 $ 305,000 $ 305,000 $ 63,000
Garrard County Kentucky 1 $ 225,000 $ 225,000 $ 0
Madison County Kentucky 1 $ 225,000 $ 225,000 $ 109,000
Lyon County Nevada 1 $ 135,000 $ 135,000 $ 385,000
Mineral County Nevada 1 $ 105,000 $ 105,000 $ 84,000
White Pine County Nevada 1 $ 245,000 $ 245,000 $ 24,000
Catron County New Mexico 1 $ 75,000 $ 75,000 $ 68,000
Chaves County New Mexico 1 $ 75,000 $ 75,000 $ 15,000
Curry County New Mexico 1 $ 145,000 $ 145,000 $ 0
Luna County New Mexico 1 $ 135,000 $ 135,000 $ 45,000
San Miguel County New Mexico 1 $ 105,000 $ 105,000 $ 53,000
Taos County New Mexico 1 $ 445,000 $ 445,000 $ 89,000
Valencia County New Mexico 1 $ 65,000 $ 65,000 $ 26,000
Clackamas County Oregon 1 $ 1,285,000 $ 1,285,000 $ 300,000
Clatsop County Oregon 1 $ 125,000 $ 125,000 $ 300,000
Deschutes County Oregon 1 $ 325,000 $ 325,000 $ 367,000
Lane County Oregon 1 $ 355,000 $ 355,000 $ 161,000
Tillamook County Oregon 1 $ 295,000 $ 295,000 $ 231,000
Umatilla County Oregon 1 $ 285,000 $ 285,000 $ 92,000
Franklin County Pennsylvania 1 $ 55,000 $ 55,000 $ 38,000
Montgomery County Pennsylvania 1 $ 195,000 $ 195,000 $ 164,000
Burnet County Texas 1 $ 265,000 $ 265,000 $ 105,000
Calhoun County Texas 1 $ 205,000 $ 205,000 $ 90,000
Comal County Texas 1 $ 195,000 $ 195,000 $ 75,000
Grayson County Texas 1 $ 175,000 $ 175,000 $ 38,000
Grimes County Texas 1 $ 65,000 $ 65,000 $ 39,000
Kaufman County Texas 1 $ 255,000 $ 255,000 $ 73,000
Maverick County Texas 1 $ 205,000 $ 205,000 $ 0
McCulloch County Texas 1 $ 165,000 $ 165,000 $ 125,000
Nacogdoches County Texas 1 $ 155,000 $ 155,000 $ 39,000
Parker County Texas 1 $ 255,000 $ 255,000 $ 71,000
Potter County Texas 1 $ 215,000 $ 215,000 $ 139,000
Randall County Texas 1 $ 215,000 $ 215,000 $ 99,000
Rockwall County Texas 1 $ 255,000 $ 255,000 $ 0
Trinity County Texas 1 $ 135,000 $ 135,000 $ 309,000
Val Verde County Texas 1 $ 55,000 $ 55,000 $ 45,000
Walker County Texas 1 $ 125,000 $ 125,000 $ 124,000
Wharton County Texas 1 $ 125,000 $ 125,000 $ 38,000
Wilson County Texas 1 $ 335,000 $ 335,000 $ 116,000
Davis County Utah 1 $ 255,000 $ 255,000 $ 0
Salt Lake County Utah 1 $ 285,000 $ 285,000 $ 274,000
Tooele County Utah 1 $ 115,000 $ 115,000 $ 34,000
Wasatch County Utah 1 $ 335,000 $ 335,000 $ 72,000
Weber County Utah 1 $ 495,000 $ 495,000 $ 191,000
Benton County Washington 1 $ 275,000 $ 275,000 $ 0
Clallam County Washington 1 $ 95,000 $ 95,000 $ 27,000
Ferry County Washington 1 $ 125,000 $ 125,000 $ 46,000
Franklin County Washington 1 $ 445,000 $ 445,000 $ 160,000
Jefferson County Washington 1 $ 155,000 $ 155,000 $ 35,000
Lewis County Washington 1 $ 265,000 $ 265,000 $ 120,000
Wahkiakum County Washington 1 $ 75,000 $ 75,000 $ 147,000
Walla Walla County Washington 1 $ 365,000 $ 365,000 $ 70,000

Mortgage Loan Application Detail Totals for Nova Financial & Investment Corporation in 2020

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 18,530 $4,823,360,000 $260,000 $3,085,000 $102,000 $4,200,000
Home Purchase 15,116 $4,057,580,000 $268,000 $2,305,000 $98,000 $6,600,000
Cash-out Refinancing 6,599 $1,623,575,000 $246,000 $1,955,000 $104,000 $2,100,000
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
White 25,951 $7,163,575,000 $276,000 $2,305,000 $110,000 $4,200,000
Hispanic 9,508 $2,019,750,000 $212,000 $3,085,000 $73,000 $1,840,000
Not Provided 2,544 $704,920,000 $277,000 $1,785,000 $111,000 $6,600,000
Asian 956 $274,970,000 $287,000 $1,605,000 $121,000 $2,234,000
Black or African American 910 $236,170,000 $259,000 $945,000 $82,000 $648,000
American Indian or Alaskan Native 197 $49,775,000 $252,000 $1,385,000 $100,000 $811,000
Native Hawaiian or Other Pacific Islander 88 $24,250,000 $275,000 $815,000 $119,000 $700,000
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) 30,167 $7,997,355,000 $265,000 $3,085,000 $115,000 $6,600,000
FHA-insured (Federal Housing Administration) 5,794 $1,276,760,000 $220,000 $745,000 $60,000 $1,320,000
VA-guaranteed (Veterans Administration) 3,992 $1,179,470,000 $295,000 $2,305,000 $54,000 $1,194,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 292 $50,930,000 $174,000 $555,000 $51,000 $110,000

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 29,718 $7,839,320,000 $263,000 $2,305,000 $101,000 $2,681,000
Application Withdrawn By Applicant 6,741 $1,732,595,000 $257,000 $3,005,000 $103,000 $6,600,000
File Closed For Incompleteness 2,609 $659,135,000 $252,000 $3,085,000 $100,000 $2,700,000
Application Denied By Financial Institution 1,127 $261,285,000 $231,000 $2,005,000 $82,000 $1,500,000
Application Approved But Not Accepted 50 $12,180,000 $243,000 $525,000 $97,000 $368,000
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
Not applicable 39,118 $10,243,230,000 $261,000 $3,085,000 $101,000 $6,600,000
Employment History 273 $64,985,000 $238,000 $745,000 $76,000 $463,000
Collateral 201 $43,435,000 $216,000 $1,335,000 $94,000 $1,500,000
Credit History 195 $40,895,000 $209,000 $1,505,000 $79,000 $420,000
Other 189 $51,105,000 $270,000 $2,005,000 $98,000 $1,200,000
Debt-To-Income Ratio 148 $32,530,000 $219,000 $1,635,000 $68,000 $480,000
Unverifiable Information 81 $19,245,000 $237,000 $715,000 $82,000 $400,000
Insufficient Cash (Downpayment, Closing Cost) 38 $8,420,000 $221,000 $485,000 $58,000 $217,000
Mortgage Insurance Denied 2 $670,000 $335,000 $425,000 $58,000 $82,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Nova Financial & Investment Corporation's 2020 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.
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