Nova Financial & Investment Corporation Mortgage Lending & HMDA Data, 2025
In 2025, Nova Financial & Investment Corporation of Tucson, AZ reported 7,472 mortgage applications totaling $2.5 billion, up 8% from 2024. The average application was for $329,631, and applicants reported an average income of $11,060. 67% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Tucson, AZ (2,007), Phoenix-Mesa-Scottsdale, AZ (1,576) and Yuma, AZ (864) (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 | 7,472 |
| Total Mortgage Loan Application Amount | $2,463,010,000 |
| Average Mortgage Loan Application Amount | $329,631 |
| Highest Mortgage Loan Application Amount | $2,995,000 |
| Average Applicant Income | $11,060 |
| Highest Applicant Income | $561,000 |
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Nova Financial & Investment Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Tucson, AZ | 2,007 | $ 597,455,000 | $ 297,685 | $ 11,000 |
| Phoenix-Mesa-Scottsdale, AZ | 1,576 | $ 530,570,000 | $ 336,656 | $ 11,000 |
| Outside any metro area | 959 | $ 279,405,000 | $ 291,350 | $ 9,739 |
| Yuma, AZ | 864 | $ 218,760,000 | $ 253,194 | $ 8,000 |
| Denver-Aurora-Lakewood, CO | 460 | $ 229,650,000 | $ 499,239 | $ 17,000 |
| Las Vegas-Henderson-Paradise, NV | 261 | $ 88,285,000 | $ 338,256 | $ 12,000 |
| Tacoma-Lakewood, WA | 186 | $ 81,790,000 | $ 439,731 | $ 12,000 |
| Sierra Vista-Douglas, AZ | 127 | $ 27,655,000 | $ 217,755 | $ 7,000 |
| Las Cruces, NM | 91 | $ 21,065,000 | $ 231,483 | $ 8,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 89 | $ 41,325,000 | $ 464,325 | $ 13,000 |
| Eugene, OR | 80 | $ 26,270,000 | $ 328,375 | $ 10,000 |
| Seattle-Bellevue-Everett, WA | 78 | $ 36,230,000 | $ 464,487 | $ 15,000 |
| Prescott Valley-Prescott, AZ | 63 | $ 21,305,000 | $ 338,174 | $ 11,000 |
| Colorado Springs, CO | 54 | $ 19,620,000 | $ 363,333 | $ 11,000 |
| San Diego-Carlsbad, CA | 41 | $ 27,955,000 | $ 681,829 | $ 23,000 |
| Lake Havasu City-Kingman, AZ | 36 | $ 9,510,000 | $ 264,166 | $ 7,000 |
| Olympia-Tumwater, WA | 26 | $ 12,510,000 | $ 481,153 | $ 15,000 |
| Bremerton-Silverdale, WA | 25 | $ 10,405,000 | $ 416,200 | $ 12,000 |
| Flagstaff, AZ | 24 | $ 9,760,000 | $ 406,666 | $ 18,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 22 | $ 8,470,000 | $ 385,000 | $ 13,000 |
| Dallas-Plano-Irving, TX | 21 | $ 12,785,000 | $ 608,809 | $ 20,000 |
| Greeley, CO | 20 | $ 9,270,000 | $ 463,500 | $ 12,000 |
| Boulder, CO | 19 | $ 8,165,000 | $ 429,736 | $ 17,000 |
| Austin-Round Rock, TX | 17 | $ 7,045,000 | $ 414,411 | $ 15,000 |
| Ocala, FL | 16 | $ 3,960,000 | $ 247,500 | $ 10,000 |
| Fort Collins, CO | 14 | $ 7,250,000 | $ 517,857 | $ 19,000 |
| Fort Worth-Arlington, TX | 14 | $ 5,230,000 | $ 373,571 | $ 11,000 |
| Stockton-Lodi, CA | 12 | $ 6,220,000 | $ 518,333 | $ 12,000 |
| Albany, OR | 11 | $ 3,445,000 | $ 313,181 | $ 5,000 |
| Albuquerque, NM | 9 | $ 4,475,000 | $ 497,222 | $ 14,000 |
| El Centro, CA | 9 | $ 2,505,000 | $ 278,333 | $ 9,000 |
| Oakland-Hayward-Berkeley, CA | 9 | $ 6,255,000 | $ 695,000 | $ 27,000 |
| Riverside-San Bernardino-Ontario, CA | 9 | $ 6,745,000 | $ 749,444 | $ 30,000 |
| Vallejo-Fairfield, CA | 9 | $ 4,375,000 | $ 486,111 | $ 12,000 |
| Everett, WA | 7 | $ 3,735,000 | $ 533,571 | $ 13,000 |
| Los Angeles-Long Beach-Glendale, CA | 7 | $ 3,355,000 | $ 479,285 | $ 14,000 |
| Philadelphia, PA | 7 | $ 1,625,000 | $ 232,142 | $ 6,000 |
| Houston-The Woodlands-Sugar Land, TX | 6 | $ 3,550,000 | $ 591,666 | $ 18,000 |
| Orlando-Kissimmee-Sanford, FL | 6 | $ 2,600,000 | $ 433,333 | $ 19,000 |
| Salem, OR | 6 | $ 1,980,000 | $ 330,000 | $ 9,000 |
| Punta Gorda, FL | 5 | $ 1,205,000 | $ 241,000 | $ 7,000 |
| St. Petersburg-Clearwater-Largo, FL | 5 | $ 1,685,000 | $ 337,000 | $ 7,000 |
| Boise City, ID | 4 | $ 2,230,000 | $ 557,500 | $ 16,000 |
| El Paso, TX | 4 | $ 1,470,000 | $ 367,500 | $ 11,000 |
| Jacksonville, FL | 4 | $ 920,000 | $ 230,000 | $ 7,000 |
| Lakeland-Winter Haven, FL | 4 | $ 1,270,000 | $ 317,500 | $ 8,000 |
| North Port-Sarasota-Bradenton, FL | 4 | $ 1,100,000 | $ 275,000 | $ 12,000 |
| Reno, NV | 4 | $ 1,790,000 | $ 447,500 | $ 9,000 |
| Spokane-Spokane Valley, WA | 4 | $ 1,510,000 | $ 377,500 | $ 16,000 |
| Yuba City, CA | 4 | $ 1,310,000 | $ 327,500 | $ 8,000 |
| Anaheim-Santa Ana-Irvine, CA | 3 | $ 1,005,000 | $ 335,000 | $ 18,000 |
| Bakersfield, CA | 3 | $ 535,000 | $ 178,333 | $ 6,000 |
| Cape Coral-Fort Myers, FL | 3 | $ 755,000 | $ 251,666 | $ 6,000 |
| Corvallis, OR | 3 | $ 915,000 | $ 305,000 | $ 10,000 |
| Crestview-Fort Walton Beach-Destin, FL | 3 | $ 795,000 | $ 265,000 | $ 9,000 |
| Fresno, CA | 3 | $ 1,065,000 | $ 355,000 | $ 9,000 |
| Idaho Falls, ID | 3 | $ 955,000 | $ 318,333 | $ 8,000 |
| Killeen-Temple, TX | 3 | $ 335,000 | $ 111,666 | $ 2,000 |
| Knoxville, TN | 3 | $ 795,000 | $ 265,000 | $ 6,000 |
| Longview, WA | 3 | $ 785,000 | $ 261,666 | $ 8,000 |
| Lubbock, TX | 3 | $ 935,000 | $ 311,666 | $ 17,000 |
| Paducah, KY-IL | 3 | $ 425,000 | $ 141,666 | $ 4,000 |
| Port St. Lucie, FL | 3 | $ 815,000 | $ 271,666 | $ 15,000 |
| Pueblo, CO | 3 | $ 1,015,000 | $ 338,333 | $ 8,000 |
| San Antonio-New Braunfels, TX | 3 | $ 1,095,000 | $ 365,000 | $ 6,000 |
| San Francisco-Redwood City-South San Francisco, CA | 3 | $ 2,445,000 | $ 815,000 | $ 23,000 |
| Amarillo, TX | 2 | $ 440,000 | $ 220,000 | $ 10,000 |
| Bend-Redmond, OR | 2 | $ 610,000 | $ 305,000 | $ 8,000 |
| Chico, CA | 2 | $ 370,000 | $ 185,000 | $ 11,000 |
| Clarksville, TN-KY | 2 | $ 580,000 | $ 290,000 | $ 5,000 |
| Gainesville, FL | 2 | $ 790,000 | $ 395,000 | $ 14,000 |
| Grand Junction, CO | 2 | $ 560,000 | $ 280,000 | $ 11,000 |
| Grants Pass, OR | 2 | $ 740,000 | $ 370,000 | $ 5,000 |
| Kennewick-Richland, WA | 2 | $ 530,000 | $ 265,000 | $ 6,000 |
| Montgomery County-Bucks County-Chester County, PA | 2 | $ 690,000 | $ 345,000 | $ 8,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 2 | $ 960,000 | $ 480,000 | $ 18,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 2 | $ 900,000 | $ 450,000 | $ 15,000 |
| Palm Bay-Melbourne-Titusville, FL | 2 | $ 640,000 | $ 320,000 | $ 7,000 |
| Provo-Orem, UT | 2 | $ 740,000 | $ 370,000 | $ 10,000 |
| Santa Maria-Santa Barbara, CA | 2 | $ 2,590,000 | $ 1,295,000 | $ 27,000 |
| St. Louis, MO-IL | 2 | $ 800,000 | $ 400,000 | $ 14,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 2 | $ 770,000 | $ 385,000 | $ 12,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 1 | $ 175,000 | $ 175,000 | $ 130,000 |
| Auburn-Opelika, AL | 1 | $ 225,000 | $ 225,000 | $ 5,000 |
| Champaign-Urbana, IL | 1 | $ 605,000 | $ 605,000 | $ 15,000 |
| Charleston-North Charleston, SC | 1 | $ 555,000 | $ 555,000 | $ 13,000 |
| Chattanooga, TN-GA | 1 | $ 225,000 | $ 225,000 | $ 7,000 |
| Cheyenne, WY | 1 | $ 265,000 | $ 265,000 | $ 14,000 |
| Chicago-Naperville, IL | 1 | $ 385,000 | $ 385,000 | $ 18,000 |
| Coeur D'Alene, ID | 1 | $ 325,000 | $ 325,000 | $ 10,000 |
| College Station-Bryan, TX | 1 | $ 335,000 | $ 335,000 | $ 22,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 1 | $ 415,000 | $ 415,000 | $ 29,000 |
| Durham-Chapel Hill, NC | 1 | $ 55,000 | $ 55,000 | $ 6,000 |
| Elgin, IL | 1 | $ 375,000 | $ 375,000 | $ 21,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 1 | $ 225,000 | $ 225,000 | $ 6,000 |
| Great Falls, MT | 1 | $ 55,000 | $ 55,000 | $ 1,000 |
| Hickory-Lenoir-Morganton, NC | 1 | $ 465,000 | $ 465,000 | $ 13,000 |
| Homosassa Springs, FL | 1 | $ 105,000 | $ 105,000 | $ 4,000 |
| Jacksonville, NC | 1 | $ 275,000 | $ 275,000 | $ 7,000 |
| Kokomo, IN | 1 | $ 145,000 | $ 145,000 | $ 3,000 |
| Lake County-Kenosha County, IL-WI | 1 | $ 435,000 | $ 435,000 | $ 10,000 |
| Lake County-Porter County-Jasper County, IN | 1 | $ 595,000 | $ 595,000 | $ 11,000 |
| Lakewood-New Brunswick, NJ | 1 | $ 495,000 | $ 495,000 | $ 12,000 |
| Lancaster, PA | 1 | $ 815,000 | $ 815,000 | $ 42,000 |
| Laredo, TX | 1 | $ 195,000 | $ 195,000 | $ 8,000 |
| Lawton, OK | 1 | $ 95,000 | $ 95,000 | $ 3,000 |
| Little Rock-North Little Rock-Conway, AR | 1 | $ 365,000 | $ 365,000 | $ 11,000 |
| Logan, UT-ID | 1 | $ 185,000 | $ 185,000 | $ 55,000 |
| Louisville/Jefferson County, KY-IN | 1 | $ 55,000 | $ 55,000 | $ 6,000 |
| Manhattan, KS | 1 | $ 235,000 | $ 235,000 | $ 6,000 |
| Merced, CA | 1 | $ 425,000 | $ 425,000 | $ 10,000 |
| Miami-Miami Beach-Kendall, FL | 1 | $ 435,000 | $ 435,000 | $ 7,000 |
| Modesto, CA | 1 | $ 505,000 | $ 505,000 | $ 9,000 |
| Mount Vernon-Anacortes, WA | 1 | $ 625,000 | $ 625,000 | $ 14,000 |
| Naples-Immokalee-Marco Island, FL | 1 | $ 755,000 | $ 755,000 | $ 29,000 |
| Oklahoma City, OK | 1 | $ 455,000 | $ 455,000 | $ 15,000 |
| Pensacola-Ferry Pass-Brent, FL | 1 | $ 585,000 | $ 585,000 | $ 12,000 |
| Peoria, IL | 1 | $ 185,000 | $ 185,000 | $ 8,000 |
| Pittsburgh, PA | 1 | $ 185,000 | $ 185,000 | $ 5,000 |
| Reading, PA | 1 | $ 105,000 | $ 105,000 | $ 11,000 |
| Salinas, CA | 1 | $ 605,000 | $ 605,000 | $ 0 |
| Salt Lake City, UT | 1 | $ 445,000 | $ 445,000 | $ 9,000 |
| San Angelo, TX | 1 | $ 375,000 | $ 375,000 | $ 0 |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 1 | $ 805,000 | $ 805,000 | $ 19,000 |
| Santa Fe, NM | 1 | $ 105,000 | $ 105,000 | $ 4,000 |
| St. George, UT | 1 | $ 355,000 | $ 355,000 | $ 8,000 |
| Tallahassee, FL | 1 | $ 285,000 | $ 285,000 | $ 8,000 |
| Tampa, FL | 1 | $ 325,000 | $ 325,000 | $ 7,000 |
| Topeka, KS | 1 | $ 345,000 | $ 345,000 | $ 8,000 |
| Wenatchee, WA | 1 | $ 475,000 | $ 475,000 | $ 10,000 |
| Wichita, KS | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Wildwood-The Villages, FL | 1 | $ 245,000 | $ 245,000 | $ 8,000 |
| Wilmington, NC | 1 | $ 305,000 | $ 305,000 | $ 7,000 |
| Winston-Salem, NC | 1 | $ 275,000 | $ 275,000 | $ 7,000 |
| Yakima, WA | 1 | $ 335,000 | $ 335,000 | $ 9,000 |
Mortgage Loan Application Detail Totals for Nova Financial & Investment Corporation in 2025
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 | 5,373 | $1,838,585,000 | $342,000 | $2,995,000 | $11,000 | $533,000 |
| Cash-out Refinancing | 1,248 | $309,600,000 | $248,000 | $2,235,000 | $10,000 | $561,000 |
| Refinancing | 849 | $314,455,000 | $370,000 | $1,805,000 | $13,000 | $136,000 |
| Home Improvement | 2 | $370,000 | $185,000 | $185,000 | $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 | 3,709 | $1,316,865,000 | $355,000 | $2,235,000 | $12,000 | $533,000 |
| Hispanic | 2,265 | $608,135,000 | $268,000 | $2,905,000 | $8,000 | $153,000 |
| Not Provided | 1,025 | $344,755,000 | $336,000 | $1,655,000 | $13,000 | $561,000 |
| Black or African American | 217 | $89,715,000 | $413,000 | $2,995,000 | $14,000 | $130,000 |
| Asian | 194 | $84,460,000 | $435,000 | $1,995,000 | $14,000 | $77,000 |
| Native Hawaiian or Other Pacific Islander | 62 | $19,080,000 | $307,000 | $705,000 | $9,000 | $35,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 4,422 | $1,417,520,000 | $320,000 | $2,995,000 | $13,000 | $533,000 |
| FHA-insured (Federal Housing Administration) | 2,252 | $727,950,000 | $323,000 | $995,000 | $8,000 | $77,000 |
| VA-guaranteed (Veterans Administration) | 734 | $301,180,000 | $410,000 | $1,555,000 | $11,000 | $561,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 64 | $16,360,000 | $255,000 | $355,000 | $6,000 | $10,000 |
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 | 5,005 | $1,694,315,000 | $338,000 | $2,995,000 | $12,000 | $533,000 |
| Application Denied By Financial Institution | 1,156 | $351,040,000 | $303,000 | $1,505,000 | $10,000 | $561,000 |
| Application Withdrawn By Applicant | 1,154 | $366,480,000 | $317,000 | $2,865,000 | $11,000 | $185,000 |
| Application Approved But Not Accepted | 157 | $51,175,000 | $325,000 | $1,965,000 | $11,000 | $92,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 6,316 | $2,111,970,000 | $334,000 | $2,995,000 | $11,000 | $533,000 |
| Credit Application Incomplete | 784 | $248,280,000 | $316,000 | $1,505,000 | $11,000 | $561,000 |
| Credit History | 97 | $22,935,000 | $236,000 | $775,000 | $8,000 | $41,000 |
| Other | 82 | $25,860,000 | $315,000 | $1,165,000 | $8,000 | $27,000 |
| Debt-To-Income Ratio | 79 | $23,285,000 | $294,000 | $1,155,000 | $6,000 | $17,000 |
| Collateral | 70 | $16,980,000 | $242,000 | $1,205,000 | $9,000 | $126,000 |
| Employment History | 40 | $11,830,000 | $295,000 | $715,000 | $11,000 | $81,000 |
| Unverifiable Information | 4 | $1,870,000 | $467,000 | $1,255,000 | $13,000 | $21,000 |
| 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 Nova Financial & Investment Corporation's 2025 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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