Nova Financial & Investment Corporation Mortgage Lending & HMDA Data, 2019
In 2019, Nova Financial & Investment Corporation of Tucson, AZ reported 23,001 mortgage applications totaling $5.6 billion, up 18% from 2018. The average application was for $245,085, and applicants reported an average income of $91,911. 67% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Tucson, AZ (6,822), Phoenix-Mesa-Scottsdale, AZ (6,180) and Denver-Aurora-Lakewood, CO (2,764) (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 | 23,001 |
| Total Mortgage Loan Application Amount | $5,637,205,000 |
| Average Mortgage Loan Application Amount | $245,085 |
| Highest Mortgage Loan Application Amount | $5,495,000 |
| Average Applicant Income | $91,911 |
| Highest Applicant Income | $6,000,000 |
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Nova Financial & Investment Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 6,822 | $ 1,407,950,000 | $ 206,383 | $ 85,000 |
| Phoenix-Mesa-Scottsdale, AZ | 6,180 | $ 1,522,210,000 | $ 246,312 | $ 89,000 |
| Denver-Aurora-Lakewood, CO | 2,764 | $ 990,590,000 | $ 358,390 | $ 123,000 |
| Yuma, AZ | 1,229 | $ 201,595,000 | $ 164,031 | $ 65,000 |
| Las Vegas-Henderson-Paradise, NV | 1,132 | $ 299,000,000 | $ 264,134 | $ 92,000 |
| Sierra Vista-Douglas, AZ | 783 | $ 138,045,000 | $ 176,302 | $ 70,000 |
| Outside any metro area | 480 | $ 105,730,000 | $ 220,270 | $ 107,337 |
| Lake Havasu City-Kingman, AZ | 316 | $ 50,630,000 | $ 160,221 | $ 73,000 |
| San Diego-Carlsbad, CA | 296 | $ 157,760,000 | $ 532,972 | $ 177,000 |
| Colorado Springs, CO | 262 | $ 76,070,000 | $ 290,343 | $ 94,000 |
| Prescott Valley-Prescott, AZ | 155 | $ 35,635,000 | $ 229,903 | $ 87,000 |
| Flagstaff, AZ | 154 | $ 46,460,000 | $ 301,688 | $ 121,000 |
| Greeley, CO | 108 | $ 32,950,000 | $ 305,092 | $ 100,000 |
| Boulder, CO | 95 | $ 41,425,000 | $ 436,052 | $ 163,000 |
| Fort Collins, CO | 44 | $ 13,140,000 | $ 298,636 | $ 149,000 |
| Houston-The Woodlands-Sugar Land, TX | 35 | $ 7,985,000 | $ 228,142 | $ 93,000 |
| Riverside-San Bernardino-Ontario, CA | 30 | $ 8,410,000 | $ 280,333 | $ 126,000 |
| Los Angeles-Long Beach-Glendale, CA | 25 | $ 14,115,000 | $ 564,600 | $ 168,000 |
| Dallas-Plano-Irving, TX | 22 | $ 5,530,000 | $ 251,363 | $ 111,000 |
| Indianapolis-Carmel-Anderson, IN | 18 | $ 3,690,000 | $ 205,000 | $ 76,000 |
| Anaheim-Santa Ana-Irvine, CA | 16 | $ 6,530,000 | $ 408,125 | $ 165,000 |
| Albuquerque, NM | 12 | $ 1,990,000 | $ 165,833 | $ 64,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 11 | $ 4,385,000 | $ 398,636 | $ 312,363 |
| Pueblo, CO | 11 | $ 2,425,000 | $ 220,454 | $ 92,000 |
| Austin-Round Rock, TX | 10 | $ 3,750,000 | $ 375,000 | $ 208,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 8 | $ 3,270,000 | $ 408,750 | $ 120,000 |
| Vallejo-Fairfield, CA | 8 | $ 2,970,000 | $ 371,250 | $ 92,000 |
| Grand Junction, CO | 7 | $ 1,525,000 | $ 217,857 | $ 73,000 |
| Fort Worth-Arlington, TX | 5 | $ 985,000 | $ 197,000 | $ 74,000 |
| Jacksonville, FL | 5 | $ 1,435,000 | $ 287,000 | $ 292,000 |
| Las Cruces, NM | 5 | $ 1,215,000 | $ 243,000 | $ 85,000 |
| Seattle-Bellevue-Everett, WA | 5 | $ 2,185,000 | $ 437,000 | $ 121,000 |
| Chicago-Naperville, IL | 4 | $ 1,140,000 | $ 285,000 | $ 61,000 |
| Miami-Miami Beach-Kendall, FL | 4 | $ 1,310,000 | $ 327,500 | $ 125,000 |
| Reno, NV | 4 | $ 1,680,000 | $ 420,000 | $ 141,000 |
| San Antonio-New Braunfels, TX | 4 | $ 730,000 | $ 182,500 | $ 73,000 |
| San Rafael, CA | 4 | $ 2,780,000 | $ 695,000 | $ 257,000 |
| Cape Coral-Fort Myers, FL | 3 | $ 935,000 | $ 311,666 | $ 225,000 |
| El Centro, CA | 3 | $ 715,000 | $ 238,333 | $ 112,000 |
| Homosassa Springs, FL | 3 | $ 565,000 | $ 188,333 | $ 118,000 |
| Oakland-Hayward-Berkeley, CA | 3 | $ 1,795,000 | $ 598,333 | $ 171,000 |
| Palm Bay-Melbourne-Titusville, FL | 3 | $ 445,000 | $ 148,333 | $ 196,000 |
| Salinas, CA | 3 | $ 1,295,000 | $ 431,666 | $ 158,000 |
| Santa Maria-Santa Barbara, CA | 3 | $ 1,285,000 | $ 428,333 | $ 121,000 |
| Bakersfield, CA | 2 | $ 300,000 | $ 150,000 | $ 119,000 |
| Bend-Redmond, OR | 2 | $ 750,000 | $ 375,000 | $ 146,000 |
| Bremerton-Silverdale, WA | 2 | $ 740,000 | $ 370,000 | $ 65,000 |
| Corpus Christi, TX | 2 | $ 240,000 | $ 120,000 | $ 60,000 |
| El Paso, TX | 2 | $ 320,000 | $ 160,000 | $ 108,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 2 | $ 170,000 | $ 85,000 | $ 45,000 |
| Grants Pass, OR | 2 | $ 750,000 | $ 375,000 | $ 63,000 |
| Louisville/Jefferson County, KY-IN | 2 | $ 220,000 | $ 110,000 | $ 47,000 |
| Naples-Immokalee-Marco Island, FL | 2 | $ 660,000 | $ 330,000 | $ 76,000 |
| Orlando-Kissimmee-Sanford, FL | 2 | $ 420,000 | $ 210,000 | $ 86,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 2 | $ 550,000 | $ 275,000 | $ 133,000 |
| Salt Lake City, UT | 2 | $ 530,000 | $ 265,000 | $ 63,000 |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 2 | $ 1,050,000 | $ 525,000 | $ 135,000 |
| Tacoma-Lakewood, WA | 2 | $ 990,000 | $ 495,000 | $ 41,000 |
| Crestview-Fort Walton Beach-Destin, FL | 1 | $ 295,000 | $ 295,000 | $ 58,000 |
| Eugene, OR | 1 | $ 225,000 | $ 225,000 | $ 51,000 |
| Farmington, NM | 1 | $ 55,000 | $ 55,000 | $ 14,000 |
| Hanford-Corcoran, CA | 1 | $ 255,000 | $ 255,000 | $ 105,000 |
| Kennewick-Richland, WA | 1 | $ 455,000 | $ 455,000 | $ 128,000 |
| Killeen-Temple, TX | 1 | $ 125,000 | $ 125,000 | $ 94,000 |
| McAllen-Edinburg-Mission, TX | 1 | $ 1,505,000 | $ 1,505,000 | $ 830,000 |
| Medford, OR | 1 | $ 375,000 | $ 375,000 | $ 547,000 |
| Midland, TX | 1 | $ 425,000 | $ 425,000 | $ 144,000 |
| North Port-Sarasota-Bradenton, FL | 1 | $ 175,000 | $ 175,000 | $ 210,000 |
| Odessa, TX | 1 | $ 295,000 | $ 295,000 | $ 72,000 |
| Ogden-Clearfield, UT | 1 | $ 265,000 | $ 265,000 | $ 118,000 |
| Olympia-Tumwater, WA | 1 | $ 365,000 | $ 365,000 | $ 94,000 |
| Panama City, FL | 1 | $ 235,000 | $ 235,000 | $ 168,000 |
| Pensacola-Ferry Pass-Brent, FL | 1 | $ 375,000 | $ 375,000 | $ 117,000 |
| Port St. Lucie, FL | 1 | $ 115,000 | $ 115,000 | $ 62,000 |
| Redding, CA | 1 | $ 305,000 | $ 305,000 | $ 72,000 |
| San Francisco-Redwood City-South San Francisco, CA | 1 | $ 975,000 | $ 975,000 | $ 221,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 1 | $ 485,000 | $ 485,000 | $ 55,000 |
| Santa Fe, NM | 1 | $ 235,000 | $ 235,000 | $ 118,000 |
| Santa Rosa, CA | 1 | $ 135,000 | $ 135,000 | $ 44,000 |
| Springfield, IL | 1 | $ 395,000 | $ 395,000 | $ 61,000 |
| Stockton-Lodi, CA | 1 | $ 175,000 | $ 175,000 | $ 240,000 |
| Tampa-St. Petersburg-Clearwater, FL | 1 | $ 405,000 | $ 405,000 | $ 263,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 1 | $ 165,000 | $ 165,000 | $ 21,000 |
| Wichita Falls, TX | 1 | $ 335,000 | $ 335,000 | $ 70,000 |
Mortgage Loan Application Detail Totals for Nova Financial & Investment Corporation in 2019
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 | 14,302 | $3,432,240,000 | $239,000 | $5,495,000 | $91,000 | $6,000,000 |
| Refinancing | 5,127 | $1,370,395,000 | $267,000 | $2,315,000 | $93,000 | $2,335,000 |
| Cash-out Refinancing | 3,363 | $783,305,000 | $232,000 | $1,345,000 | $94,000 | $1,224,000 |
| Home Improvement | 209 | $51,265,000 | $245,000 | $745,000 | $94,000 | $531,000 |
| 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 | 14,520 | $3,853,170,000 | $265,000 | $2,425,000 | $102,000 | $2,568,000 |
| Hispanic | 5,995 | $1,144,815,000 | $190,000 | $1,505,000 | $68,000 | $6,000,000 |
| Not Provided | 1,016 | $267,920,000 | $263,000 | $5,495,000 | $100,000 | $2,040,000 |
| Black or African American | 715 | $174,455,000 | $243,000 | $1,345,000 | $78,000 | $1,140,000 |
| Asian | 510 | $136,770,000 | $268,000 | $1,205,000 | $102,000 | $656,000 |
| American Indian or Alaskan Native | 129 | $29,935,000 | $232,000 | $795,000 | $88,000 | $352,000 |
| Native Hawaiian or Other Pacific Islander | 67 | $16,735,000 | $249,000 | $885,000 | $105,000 | $258,000 |
| 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) | 14,984 | $3,878,440,000 | $258,000 | $5,495,000 | $108,000 | $6,000,000 |
| FHA-insured (Federal Housing Administration) | 5,165 | $1,021,935,000 | $197,000 | $695,000 | $59,000 | $810,000 |
| VA-guaranteed (Veterans Administration) | 2,631 | $699,685,000 | $265,000 | $1,435,000 | $67,000 | $468,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 221 | $37,145,000 | $168,000 | $435,000 | $53,000 | $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 | 15,372 | $3,845,710,000 | $250,000 | $2,425,000 | $93,000 | $6,000,000 |
| File Closed For Incompleteness | 3,627 | $845,555,000 | $233,000 | $2,315,000 | $87,000 | $2,280,000 |
| Application Withdrawn By Applicant | 2,934 | $728,260,000 | $248,000 | $5,495,000 | $98,000 | $2,568,000 |
| Application Denied By Financial Institution | 1,061 | $216,465,000 | $204,000 | $1,345,000 | $79,000 | $1,260,000 |
| Application Approved But Not Accepted | 7 | $1,215,000 | $173,000 | $285,000 | $62,000 | $136,000 |
| 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 | 21,940 | $5,420,740,000 | $247,000 | $5,495,000 | $93,000 | $6,000,000 |
| Credit History | 324 | $62,610,000 | $193,000 | $1,345,000 | $74,000 | $836,000 |
| Collateral | 190 | $37,970,000 | $199,000 | $905,000 | $98,000 | $1,260,000 |
| Debt-To-Income Ratio | 174 | $34,000,000 | $195,000 | $725,000 | $62,000 | $656,000 |
| Employment History | 162 | $35,260,000 | $217,000 | $1,045,000 | $56,000 | $394,000 |
| Other | 146 | $29,210,000 | $200,000 | $965,000 | $92,000 | $1,036,000 |
| Unverifiable Information | 53 | $15,015,000 | $283,000 | $1,115,000 | $122,000 | $1,260,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 12 | $2,400,000 | $200,000 | $335,000 | $74,000 | $162,000 |
| 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 2019 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