Nova Financial & Investment Corporation Mortgage Lending & HMDA Data, 2021

In 2021, Nova Financial & Investment Corporation of Tucson, AZ reported 34,732 mortgage applications totaling $9.5 billion, down 14% from 2020. The average application was for $274,831, and applicants reported an average income of $105,562. 69% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Tucson, AZ (10,913), Phoenix-Mesa-Scottsdale, AZ (10,439) and Denver-Aurora-Lakewood, CO (2,820) (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 34,732
Total Mortgage Loan Application Amount $9,545,440,000
Average Mortgage Loan Application Amount $274,831
Highest Mortgage Loan Application Amount $2,905,000
Average Applicant Income $105,562
Highest Applicant Income $6,307,000

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Nova Financial & Investment Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Nova Financial & Investment Corporation by County in 2021

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Pima, Arizona 10,913 $ 2,512,115,000 $ 230,194 $ 99,000
Maricopa, Arizona 8,911 $ 2,669,765,000 $ 299,603 $ 103,000
Yuma, Arizona 2,365 $ 446,525,000 $ 188,805 $ 78,000
Pinal, Arizona 1,528 $ 358,170,000 $ 234,404 $ 81,000
Clark, Nevada 1,512 $ 439,270,000 $ 290,522 $ 101,000
Cochise, Arizona 1,301 $ 264,345,000 $ 203,186 $ 86,000
Arapahoe, Colorado 649 $ 225,655,000 $ 347,696 $ 130,000
San Diego, California 626 $ 351,270,000 $ 561,134 $ 209,000
Denver, Colorado 595 $ 247,965,000 $ 416,747 $ 163,000
Jefferson, Colorado 585 $ 231,755,000 $ 396,162 $ 136,000
Douglas, Colorado 536 $ 228,970,000 $ 427,182 $ 158,000
Adams, Colorado 352 $ 117,760,000 $ 334,545 $ 116,000
Mohave, Arizona 329 $ 67,005,000 $ 203,662 $ 91,000
Yavapai, Arizona 272 $ 76,550,000 $ 281,433 $ 112,000
Coconino, Arizona 233 $ 81,175,000 $ 348,390 $ 149,000
Santa Cruz, Arizona 179 $ 36,135,000 $ 201,871 $ 83,000
El Paso, Colorado 165 $ 50,685,000 $ 307,181 $ 106,000
Graham, Arizona 145 $ 29,155,000 $ 201,068 $ 72,000
Boulder, Colorado 127 $ 54,795,000 $ 431,456 $ 170,000
Navajo, Arizona 121 $ 28,375,000 $ 234,504 $ 122,000
Weld, Colorado 119 $ 39,325,000 $ 330,462 $ 110,000
Los Angeles, California 102 $ 52,490,000 $ 514,607 $ 200,000
La Paz, Arizona 100 $ 18,780,000 $ 187,800 $ 115,000
Larimer, Colorado 87 $ 31,625,000 $ 363,505 $ 142,000
Harris, Texas 64 $ 16,040,000 $ 250,625 $ 99,000
Gila, Arizona 62 $ 15,060,000 $ 242,903 $ 120,000
Riverside, California 49 $ 15,825,000 $ 322,959 $ 165,000
Orange, California 42 $ 24,810,000 $ 590,714 $ 222,000
Elbert, Colorado 40 $ 17,340,000 $ 433,500 $ 135,000
Broomfield, Colorado 39 $ 15,585,000 $ 399,615 $ 137,000
Marion, Indiana 37 $ 10,255,000 $ 277,162 $ 127,000
San Bernardino, California 31 $ 9,265,000 $ 298,870 $ 130,000
Grand, Colorado 28 $ 11,030,000 $ 393,928 $ 237,000
Summit, Colorado 28 $ 14,590,000 $ 521,071 $ 245,000
Apache, Arizona 26 $ 6,390,000 $ 245,769 $ 161,000
Eagle, Colorado 24 $ 13,610,000 $ 567,083 $ 255,000
Fort Bend, Texas 20 $ 6,420,000 $ 321,000 $ 145,000
Nye, Nevada 18 $ 3,800,000 $ 211,111 $ 65,000
Dallas, Texas 18 $ 6,010,000 $ 333,888 $ 211,000
Park, Colorado 16 $ 6,560,000 $ 410,000 $ 127,000
Washoe, Nevada 14 $ 5,370,000 $ 383,571 $ 181,000
Sacramento, California 13 $ 4,825,000 $ 371,153 $ 203,000
Pueblo, Colorado 13 $ 3,615,000 $ 278,076 $ 117,000
Cook, Illinois 12 $ 3,400,000 $ 283,333 $ 131,000
King, Washington 12 $ 7,920,000 $ 660,000 $ 221,000
Dona Ana, New Mexico 11 $ 1,805,000 $ 164,090 $ 104,000
Greenlee, Arizona 10 $ 1,470,000 $ 147,000 $ 259,000
Alameda, California 10 $ 5,650,000 $ 565,000 $ 225,000
Chaffee, Colorado 10 $ 2,990,000 $ 299,000 $ 124,000
Bexar, Texas 10 $ 2,510,000 $ 251,000 $ 117,000
Contra Costa, California 9 $ 4,935,000 $ 548,333 $ 203,000
Imperial, California 9 $ 1,865,000 $ 207,222 $ 93,000
Kern, California 9 $ 2,655,000 $ 295,000 $ 125,000
Monterey, California 9 $ 3,685,000 $ 409,444 $ 182,000
Jefferson, Kentucky 9 $ 1,915,000 $ 212,777 $ 114,000
Grant, New Mexico 9 $ 1,245,000 $ 138,333 $ 112,000
Placer, California 8 $ 5,050,000 $ 631,250 $ 423,000
Santa Clara, California 8 $ 4,400,000 $ 550,000 $ 229,000
Bernalillo, New Mexico 8 $ 1,940,000 $ 242,500 $ 90,000
Sandoval, New Mexico 8 $ 1,600,000 $ 200,000 $ 89,000
Multnomah, Oregon 8 $ 2,620,000 $ 327,500 $ 110,000
Montgomery, Texas 8 $ 2,170,000 $ 271,250 $ 126,000
Tarrant, Texas 8 $ 1,950,000 $ 243,750 $ 108,000
San Mateo, California 7 $ 9,195,000 $ 1,313,571 $ 470,000
Tulare, California 7 $ 1,335,000 $ 190,714 $ 114,000
Ventura, California 7 $ 3,055,000 $ 436,428 $ 223,000
Lake, Colorado 7 $ 1,995,000 $ 285,000 $ 114,000
Bell, Texas 7 $ 1,885,000 $ 269,285 $ 116,000
Collin, Texas 7 $ 2,135,000 $ 305,000 $ 104,000
Denton, Texas 7 $ 1,905,000 $ 272,142 $ 118,000
Iron, Utah 7 $ 2,185,000 $ 312,142 $ 182,000
Fremont, Colorado 6 $ 1,760,000 $ 293,333 $ 101,000
La Plata, Colorado 6 $ 2,840,000 $ 473,333 $ 207,000
Mesa, Colorado 6 $ 1,520,000 $ 253,333 $ 93,000
Montrose, Colorado 6 $ 1,340,000 $ 223,333 $ 64,000
Teller, Colorado 6 $ 2,010,000 $ 335,000 $ 130,000
Pierce, Washington 6 $ 1,820,000 $ 303,333 $ 83,000
Marin, California 5 $ 4,615,000 $ 923,000 $ 426,000
San Francisco, California 5 $ 4,115,000 $ 823,000 $ 554,000
Clear Creek, Colorado 5 $ 2,205,000 $ 441,000 $ 130,000
Gunnison, Colorado 5 $ 2,385,000 $ 477,000 $ 234,000
Hillsborough, Florida 5 $ 1,765,000 $ 353,000 $ 135,000
Lee, Florida 5 $ 1,275,000 $ 255,000 $ 90,000
Fayette, Kentucky 5 $ 1,815,000 $ 363,000 $ 141,000
Otero, New Mexico 5 $ 1,065,000 $ 213,000 $ 113,000
El Paso, Texas 5 $ 755,000 $ 151,000 $ 94,000
Hays, Texas 5 $ 1,865,000 $ 373,000 $ 245,000
Val Verde, Texas 5 $ 1,065,000 $ 213,000 $ 84,000
Clark, Washington 5 $ 1,575,000 $ 315,000 $ 120,000
Thurston, Washington 5 $ 1,365,000 $ 273,000 $ 138,000
Sonoma, California 4 $ 2,160,000 $ 540,000 $ 154,000
Stanislaus, California 4 $ 1,430,000 $ 357,500 $ 101,000
Huerfano, Colorado 4 $ 400,000 $ 100,000 $ 22,000
Phillips, Colorado 4 $ 1,210,000 $ 302,500 $ 147,000
Bay, Florida 4 $ 840,000 $ 210,000 $ 170,000
Brevard, Florida 4 $ 1,300,000 $ 325,000 $ 139,000
Pinellas, Florida 4 $ 1,000,000 $ 250,000 $ 162,000
Hamilton, Indiana 4 $ 880,000 $ 220,000 $ 120,000
Deschutes, Oregon 4 $ 990,000 $ 247,500 $ 86,000
Lane, Oregon 4 $ 1,060,000 $ 265,000 $ 162,000
Washington, Oregon 4 $ 1,300,000 $ 325,000 $ 138,000
Kaufman, Texas 4 $ 770,000 $ 192,500 $ 61,000
Midland, Texas 4 $ 500,000 $ 125,000 $ 28,000
Parker, Texas 4 $ 1,350,000 $ 337,500 $ 146,000
Weber, Utah 4 $ 1,140,000 $ 285,000 $ 397,000
Calaveras, California 3 $ 2,365,000 $ 788,333 $ 112,000
Fresno, California 3 $ 685,000 $ 228,333 $ 68,000
Merced, California 3 $ 525,000 $ 175,000 $ 80,000
San Luis Obispo, California 3 $ 1,065,000 $ 355,000 $ 135,000
Shasta, California 3 $ 865,000 $ 288,333 $ 76,000
Sutter, California 3 $ 1,215,000 $ 405,000 $ 195,000
Archuleta, Colorado 3 $ 875,000 $ 291,666 $ 81,000
Garfield, Colorado 3 $ 715,000 $ 238,333 $ 101,000
Gilpin, Colorado 3 $ 1,135,000 $ 378,333 $ 98,000
Lincoln, Colorado 3 $ 655,000 $ 218,333 $ 165,000
Routt, Colorado 3 $ 885,000 $ 295,000 $ 166,000
Broward, Florida 3 $ 555,000 $ 185,000 $ 62,000
Collier, Florida 3 $ 655,000 $ 218,333 $ 125,000
DeSoto, Florida 3 $ 535,000 $ 178,333 $ 50,000
Miami-Dade, Florida 3 $ 1,505,000 $ 501,666 $ 223,000
Okaloosa, Florida 3 $ 925,000 $ 308,333 $ 110,000
Osceola, Florida 3 $ 805,000 $ 268,333 $ 146,000
Platte, Nebraska 3 $ 725,000 $ 241,666 $ 62,000
Humboldt, Nevada 3 $ 575,000 $ 191,666 $ 74,000
Hidalgo, New Mexico 3 $ 295,000 $ 98,333 $ 68,000
Taos, New Mexico 3 $ 775,000 $ 258,333 $ 113,000
Lincoln, Oregon 3 $ 995,000 $ 331,666 $ 173,000
Lubbock, Texas 3 $ 915,000 $ 305,000 $ 118,000
McLennan, Texas 3 $ 1,105,000 $ 368,333 $ 131,000
Randall, Texas 3 $ 825,000 $ 275,000 $ 98,000
Travis, Texas 3 $ 845,000 $ 281,666 $ 147,000
Waller, Texas 3 $ 2,125,000 $ 708,333 $ 333,000
Wichita, Texas 3 $ 385,000 $ 128,333 $ 72,000
Salt Lake, Utah 3 $ 1,395,000 $ 465,000 $ 204,000
Summit, Utah 3 $ 2,225,000 $ 741,666 $ 362,000
El Dorado, California 2 $ 1,400,000 $ 700,000 $ 351,000
Humboldt, California 2 $ 610,000 $ 305,000 $ 53,000
Madera, California 2 $ 780,000 $ 390,000 $ 110,000
Mono, California 2 $ 1,850,000 $ 925,000 $ 867,000
Plumas, California 2 $ 710,000 $ 355,000 $ 171,000
San Joaquin, California 2 $ 550,000 $ 275,000 $ 66,000
Santa Barbara, California 2 $ 1,670,000 $ 835,000 $ 404,000
Tehama, California 2 $ 550,000 $ 275,000 $ 54,000
Yolo, California 2 $ 910,000 $ 455,000 $ 185,000
Kit Carson, Colorado 2 $ 550,000 $ 275,000 $ 185,000
Logan, Colorado 2 $ 300,000 $ 150,000 $ 105,000
Moffat, Colorado 2 $ 500,000 $ 250,000 $ 94,000
Morgan, Colorado 2 $ 480,000 $ 240,000 $ 63,000
Rio Grande, Colorado 2 $ 620,000 $ 310,000 $ 135,000
San Miguel, Colorado 2 $ 810,000 $ 405,000 $ 79,000
Charlotte, Florida 2 $ 470,000 $ 235,000 $ 64,000
Citrus, Florida 2 $ 550,000 $ 275,000 $ 74,000
Escambia, Florida 2 $ 530,000 $ 265,000 $ 123,000
Hernando, Florida 2 $ 340,000 $ 170,000 $ 54,000
Indian River, Florida 2 $ 350,000 $ 175,000 $ 59,000
Lake, Florida 2 $ 600,000 $ 300,000 $ 98,000
Sarasota, Florida 2 $ 380,000 $ 190,000 $ 106,000
Johnson, Indiana 2 $ 440,000 $ 220,000 $ 74,000
Marshall, Indiana 2 $ 320,000 $ 160,000 $ 55,000
Monroe, Indiana 2 $ 610,000 $ 305,000 $ 72,000
Morgan, Indiana 2 $ 410,000 $ 205,000 $ 125,000
Hall, Nebraska 2 $ 430,000 $ 215,000 $ 261,000
Churchill, Nevada 2 $ 530,000 $ 265,000 $ 112,000
Lyon, Nevada 2 $ 320,000 $ 160,000 $ 49,000
Chaves, New Mexico 2 $ 350,000 $ 175,000 $ 18,000
Lea, New Mexico 2 $ 320,000 $ 160,000 $ 50,000
Coos, Oregon 2 $ 440,000 $ 220,000 $ 67,000
Jackson, Oregon 2 $ 660,000 $ 330,000 $ 309,000
Brazoria, Texas 2 $ 630,000 $ 315,000 $ 171,000
Galveston, Texas 2 $ 370,000 $ 185,000 $ 58,000
Jackson, Texas 2 $ 190,000 $ 95,000 $ 61,000
Navarro, Texas 2 $ 370,000 $ 185,000 $ 170,000
Williamson, Texas 2 $ 550,000 $ 275,000 $ 167,000
Davis, Utah 2 $ 2,020,000 $ 1,010,000 $ 412,000
Utah, Utah 2 $ 840,000 $ 420,000 $ 73,000
Washington, Utah 2 $ 470,000 $ 235,000 $ 82,000
Kitsap, Washington 2 $ 680,000 $ 340,000 $ 69,000
Spokane, Washington 2 $ 870,000 $ 435,000 $ 101,000
Whatcom, Washington 2 $ 1,010,000 $ 505,000 $ 105,000
Amador, California 1 $ 195,000 $ 195,000 $ 290,000
Butte, California 1 $ 365,000 $ 365,000 $ 120,000
Del Norte, California 1 $ 135,000 $ 135,000 $ 21,000
Lake, California 1 $ 55,000 $ 55,000 $ 16,000
Mariposa, California 1 $ 355,000 $ 355,000 $ 59,000
Mendocino, California 1 $ 545,000 $ 545,000 $ 271,000
Nevada, California 1 $ 435,000 $ 435,000 $ 146,000
Santa Cruz, California 1 $ 995,000 $ 995,000 $ 225,000
Siskiyou, California 1 $ 215,000 $ 215,000 $ 41,000
Solano, California 1 $ 375,000 $ 375,000 $ 93,000
Yuba, California 1 $ 255,000 $ 255,000 $ 51,000
Alamosa, Colorado 1 $ 195,000 $ 195,000 $ 68,000
Costilla, Colorado 1 $ 325,000 $ 325,000 $ 320,000
Custer, Colorado 1 $ 295,000 $ 295,000 $ 236,000
Dolores, Colorado 1 $ 85,000 $ 85,000 $ 29,000
Ouray, Colorado 1 $ 175,000 $ 175,000 $ 140,000
Rio Blanco, Colorado 1 $ 155,000 $ 155,000 $ 109,000
Alachua, Florida 1 $ 475,000 $ 475,000 $ 226,000
Duval, Florida 1 $ 85,000 $ 85,000 $ 108,000
Franklin, Florida 1 $ 505,000 $ 505,000 $ 324,000
Marion, Florida 1 $ 125,000 $ 125,000 $ 132,000
Martin, Florida 1 $ 1,455,000 $ 1,455,000 $ 400,000
Orange, Florida 1 $ 185,000 $ 185,000 $ 44,000
Palm Beach, Florida 1 $ 405,000 $ 405,000 $ 257,000
Pasco, Florida 1 $ 395,000 $ 395,000 $ 314,000
Polk, Florida 1 $ 195,000 $ 195,000 $ 65,000
St. Johns, Florida 1 $ 365,000 $ 365,000 $ 161,000
St. Lucie, Florida 1 $ 105,000 $ 105,000 $ 54,000
Walton, Florida 1 $ 625,000 $ 625,000 $ 317,000
DuPage, Illinois 1 $ 665,000 $ 665,000 $ 379,000
Lake, Illinois 1 $ 295,000 $ 295,000 $ 177,000
Tazewell, Illinois 1 $ 95,000 $ 95,000 $ 47,000
Boone, Indiana 1 $ 355,000 $ 355,000 $ 85,000
Delaware, Indiana 1 $ 315,000 $ 315,000 $ 155,000
Madison, Indiana 1 $ 55,000 $ 55,000 $ 47,000
Shelby, Indiana 1 $ 185,000 $ 185,000 $ 87,000
Tippecanoe, Indiana 1 $ 275,000 $ 275,000 $ 64,000
Shelby, Kentucky 1 $ 625,000 $ 625,000 $ 187,000
Lancaster, Nebraska 1 $ 405,000 $ 405,000 $ 126,000
Lincoln, Nebraska 1 $ 245,000 $ 245,000 $ 70,000
Douglas, Nevada 1 $ 545,000 $ 545,000 $ 260,000
Eureka, Nevada 1 $ 165,000 $ 165,000 $ 155,000
Lincoln, New Mexico 1 $ 165,000 $ 165,000 $ 50,000
Rio Arriba, New Mexico 1 $ 145,000 $ 145,000 $ 56,000
San Miguel, New Mexico 1 $ 205,000 $ 205,000 $ 78,000
Santa Fe, New Mexico 1 $ 395,000 $ 395,000 $ 69,000
Valencia, New Mexico 1 $ 245,000 $ 245,000 $ 47,000
Clackamas, Oregon 1 $ 345,000 $ 345,000 $ 109,000
Josephine, Oregon 1 $ 345,000 $ 345,000 $ 0
Marion, Oregon 1 $ 85,000 $ 85,000 $ 52,000
Wasco, Oregon 1 $ 245,000 $ 245,000 $ 245,000
Dauphin, Pennsylvania 1 $ 195,000 $ 195,000 $ 63,000
Philadelphia, Pennsylvania 1 $ 285,000 $ 285,000 $ 315,000
Aransas, Texas 1 $ 425,000 $ 425,000 $ 124,000
Archer, Texas 1 $ 275,000 $ 275,000 $ 111,000
Austin, Texas 1 $ 115,000 $ 115,000 $ 63,000
Bastrop, Texas 1 $ 255,000 $ 255,000 $ 257,000
Bosque, Texas 1 $ 155,000 $ 155,000 $ 167,000
Burnet, Texas 1 $ 265,000 $ 265,000 $ 79,000
Cass, Texas 1 $ 115,000 $ 115,000 $ 24,000
Chambers, Texas 1 $ 305,000 $ 305,000 $ 96,000
Comal, Texas 1 $ 55,000 $ 55,000 $ 67,000
Coryell, Texas 1 $ 235,000 $ 235,000 $ 72,000
Ector, Texas 1 $ 195,000 $ 195,000 $ 125,000
Grayson, Texas 1 $ 135,000 $ 135,000 $ 30,000
Guadalupe, Texas 1 $ 185,000 $ 185,000 $ 185,000
Harrison, Texas 1 $ 245,000 $ 245,000 $ 104,000
Henderson, Texas 1 $ 55,000 $ 55,000 $ 46,000
Hidalgo, Texas 1 $ 135,000 $ 135,000 $ 300,000
Hill, Texas 1 $ 175,000 $ 175,000 $ 159,000
Hunt, Texas 1 $ 165,000 $ 165,000 $ 217,000
Kerr, Texas 1 $ 145,000 $ 145,000 $ 260,000
Liberty, Texas 1 $ 145,000 $ 145,000 $ 88,000
McCulloch, Texas 1 $ 85,000 $ 85,000 $ 175,000
Smith, Texas 1 $ 375,000 $ 375,000 $ 142,000
Taylor, Texas 1 $ 125,000 $ 125,000 $ 19,000
Tyler, Texas 1 $ 355,000 $ 355,000 $ 106,000
Garfield, Utah 1 $ 425,000 $ 425,000 $ 308,000
Kane, Utah 1 $ 165,000 $ 165,000 $ 231,000
Adams, Washington 1 $ 175,000 $ 175,000 $ 69,000
Benton, Washington 1 $ 375,000 $ 375,000 $ 85,000
Clallam, Washington 1 $ 105,000 $ 105,000 $ 109,000
Kittitas, Washington 1 $ 435,000 $ 435,000 $ 150,000
Lewis, Washington 1 $ 405,000 $ 405,000 $ 132,000
Okanogan, Washington 1 $ 125,000 $ 125,000 $ 24,000
Pend Oreille, Washington 1 $ 75,000 $ 75,000 $ 44,000
Snohomish, Washington 1 $ 365,000 $ 365,000 $ 97,000
Stevens, Washington 1 $ 365,000 $ 365,000 $ 175,000

Mortgage Loan Application Detail Totals for Nova Financial & Investment Corporation in 2021

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 14,566 $4,409,970,000 $302,000 $2,905,000 $103,000 $6,307,000
Refinancing 11,757 $2,979,225,000 $253,000 $2,865,000 $112,000 $5,119,000
Cash-out Refinancing 8,409 $2,156,245,000 $256,000 $1,805,000 $101,000 $3,025,000
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 20,509 $6,025,265,000 $293,000 $2,885,000 $116,000 $5,119,000
Hispanic 9,700 $2,170,180,000 $223,000 $2,565,000 $77,000 $2,880,000
Not Provided 2,432 $743,690,000 $305,000 $2,475,000 $118,000 $6,307,000
Asian 951 $279,215,000 $293,000 $2,605,000 $123,000 $1,503,000
Black or African American 894 $258,450,000 $289,000 $1,325,000 $109,000 $4,887,000
American Indian or Alaskan Native 171 $46,475,000 $271,000 $2,905,000 $106,000 $1,271,000
Native Hawaiian or Other Pacific Islander 75 $22,165,000 $295,000 $1,055,000 $103,000 $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) 26,581 $7,369,915,000 $277,000 $2,905,000 $114,000 $6,307,000
FHA-insured (Federal Housing Administration) 4,979 $1,170,625,000 $235,000 $725,000 $66,000 $1,540,000
VA-guaranteed (Veterans Administration) 2,933 $959,925,000 $327,000 $2,885,000 $95,000 $1,228,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 239 $44,975,000 $188,000 $385,000 $52,000 $118,000

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 24,138 $6,718,940,000 $278,000 $2,705,000 $106,000 $2,502,000
Application Withdrawn By Applicant 4,743 $1,296,685,000 $273,000 $2,885,000 $107,000 $3,025,000
File Closed For Incompleteness 4,442 $1,174,110,000 $264,000 $2,905,000 $101,000 $6,307,000
Application Denied By Financial Institution 1,199 $294,065,000 $245,000 $1,825,000 $89,000 $4,887,000
Application Approved But Not Accepted 210 $61,640,000 $293,000 $2,355,000 $102,000 $693,000
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 33,533 $9,251,375,000 $275,000 $2,905,000 $106,000 $6,307,000
Credit History 303 $68,825,000 $227,000 $855,000 $97,000 $1,228,000
Debt-To-Income Ratio 230 $58,460,000 $254,000 $1,355,000 $68,000 $454,000
Employment History 228 $61,910,000 $271,000 $1,825,000 $84,000 $828,000
Collateral 190 $44,130,000 $232,000 $1,605,000 $87,000 $775,000
Other 155 $37,565,000 $242,000 $1,325,000 $117,000 $4,887,000
Unverifiable Information 80 $20,840,000 $260,000 $1,035,000 $94,000 $525,000
Insufficient Cash (Downpayment, Closing Cost) 13 $2,335,000 $179,000 $365,000 $51,000 $106,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Nova Financial & Investment Corporation's 2021 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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