Nqm Funding, LLC Mortgage Lending & HMDA Data, 2018

In 2018, Nqm Funding, LLC of Boca Raton, FL reported 2,015 mortgage applications totaling $524.3 million. The average application was for $260,191, and applicants reported an average income of $107,642. 73% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (546), West Palm Beach-Boca Raton-Delray Beach, FL (541) and Miami-Miami Beach-Kendall, FL (182) (applications in parentheses).

Mortgage Company & Address Nqm Funding, LLC
E, 4800 N Federal Hwy #200
Boca Raton, FL 33431
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  
Total Number of Mortgage Applications 2,015
Total Mortgage Loan Application Amount $524,285,000
Average Mortgage Loan Application Amount $260,191
Highest Mortgage Loan Application Amount $1,375,000
Average Applicant Income $107,642
Highest Applicant Income $1,857,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Nqm Funding, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Nqm Funding, LLC by County in 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Broward, Florida 546 $ 143,330,000 $ 262,509 $ 96,000
Palm Beach, Florida 541 $ 142,915,000 $ 264,168 $ 127,000
Miami-Dade, Florida 182 $ 51,550,000 $ 283,241 $ 95,000
Orange, Florida 59 $ 16,425,000 $ 278,389 $ 117,000
St. Lucie, Florida 50 $ 10,870,000 $ 217,400 $ 81,000
Lake, Florida 48 $ 12,790,000 $ 266,458 $ 106,000
Indian River, Florida 47 $ 8,825,000 $ 187,765 $ 96,000
Volusia, Florida 34 $ 7,540,000 $ 221,764 $ 106,000
Pasco, Florida 32 $ 8,040,000 $ 251,250 $ 90,000
Martin, Florida 30 $ 7,670,000 $ 255,666 $ 119,000
Ocean, New Jersey 28 $ 5,700,000 $ 203,571 $ 76,000
Sarasota, Florida 25 $ 5,965,000 $ 238,600 $ 105,000
Hillsborough, Florida 23 $ 5,485,000 $ 238,478 $ 90,000
Essex, New Jersey 23 $ 8,175,000 $ 355,434 $ 152,000
Seminole, Florida 21 $ 5,265,000 $ 250,714 $ 117,000
Monmouth, New Jersey 19 $ 6,435,000 $ 338,684 $ 155,000
Manatee, Florida 16 $ 3,990,000 $ 249,375 $ 132,000
Philadelphia, Pennsylvania 16 $ 2,380,000 $ 148,750 $ 65,000
Osceola, Florida 15 $ 3,695,000 $ 246,333 $ 86,000
Lee, Florida 12 $ 3,010,000 $ 250,833 $ 118,000
Brevard, Florida 10 $ 2,200,000 $ 220,000 $ 60,000
Collier, Florida 10 $ 3,300,000 $ 330,000 $ 159,000
Anne Arundel, Maryland 10 $ 2,580,000 $ 258,000 $ 62,000
Baltimore, Maryland 10 $ 2,020,000 $ 202,000 $ 78,000
Middlesex, New Jersey 8 $ 2,190,000 $ 273,750 $ 107,000
Union, New Jersey 8 $ 1,890,000 $ 236,250 $ 90,000
Delaware, Pennsylvania 8 $ 1,470,000 $ 183,750 $ 83,000
Duval, Florida 7 $ 1,905,000 $ 272,142 $ 154,000
Pinellas, Florida 7 $ 1,875,000 $ 267,857 $ 100,000
Baltimore City, Maryland 7 $ 1,915,000 $ 273,571 $ 93,000
Bergen, New Jersey 7 $ 2,495,000 $ 356,428 $ 112,000
Passaic, New Jersey 7 $ 2,005,000 $ 286,428 $ 138,000
Marion, Florida 6 $ 1,050,000 $ 175,000 $ 74,000
Fulton, Georgia 6 $ 1,060,000 $ 176,666 $ 92,000
Bucks, Pennsylvania 6 $ 1,090,000 $ 181,666 $ 40,000
Dorchester, South Carolina 6 $ 1,330,000 $ 221,666 $ 97,000
York, South Carolina 6 $ 1,580,000 $ 263,333 $ 91,000
Charlotte, Florida 5 $ 965,000 $ 193,000 $ 71,000
Prince George's, Maryland 5 $ 1,355,000 $ 271,000 $ 101,000
Cape May, New Jersey 5 $ 985,000 $ 197,000 $ 133,000
Charleston, South Carolina 5 $ 1,565,000 $ 313,000 $ 103,000
St. Johns, Florida 4 $ 1,180,000 $ 295,000 $ 83,000
Charles, Maryland 4 $ 1,290,000 $ 322,500 $ 83,000
Camden, New Jersey 4 $ 880,000 $ 220,000 $ 116,000
Chester, Pennsylvania 4 $ 870,000 $ 217,500 $ 69,000
Berkeley, South Carolina 4 $ 670,000 $ 167,500 $ 52,000
Hernando, Florida 3 $ 565,000 $ 188,333 $ 96,000
Cobb, Georgia 3 $ 775,000 $ 258,333 $ 105,000
DeKalb, Georgia 3 $ 1,215,000 $ 405,000 $ 193,000
Burlington, New Jersey 3 $ 855,000 $ 285,000 $ 164,000
Gloucester, New Jersey 3 $ 625,000 $ 208,333 $ 153,000
Leon, Florida 2 $ 490,000 $ 245,000 $ 133,000
Nassau, Florida 2 $ 940,000 $ 470,000 $ 245,000
Okaloosa, Florida 2 $ 1,480,000 $ 740,000 $ 269,000
Polk, Florida 2 $ 290,000 $ 145,000 $ 169,000
Fannin, Georgia 2 $ 530,000 $ 265,000 $ 237,000
Fayette, Georgia 2 $ 750,000 $ 375,000 $ 197,000
Forsyth, Georgia 2 $ 540,000 $ 270,000 $ 89,000
Montgomery, Maryland 2 $ 910,000 $ 455,000 $ 118,000
Hudson, New Jersey 2 $ 770,000 $ 385,000 $ 101,000
Mercer, New Jersey 2 $ 330,000 $ 165,000 $ 74,000
Morris, New Jersey 2 $ 660,000 $ 330,000 $ 117,000
Bexar, Texas 2 $ 340,000 $ 170,000 $ 51,000
Stafford, Virginia 2 $ 600,000 $ 300,000 $ 50,000
District of Columbia, District Of Columbia 1 $ 455,000 $ 455,000 $ 94,000
Alachua, Florida 1 $ 85,000 $ 85,000 $ 84,000
Baker, Florida 1 $ 265,000 $ 265,000 $ 85,000
Monroe, Florida 1 $ 405,000 $ 405,000 $ 395,000
Okeechobee, Florida 1 $ 165,000 $ 165,000 $ 83,000
Carroll, Georgia 1 $ 195,000 $ 195,000 $ 49,000
Gwinnett, Georgia 1 $ 165,000 $ 165,000 $ 68,000
Hall, Georgia 1 $ 205,000 $ 205,000 $ 124,000
Cook, Illinois 1 $ 255,000 $ 255,000 $ 70,000
McHenry, Illinois 1 $ 235,000 $ 235,000 $ 70,000
Tazewell, Illinois 1 $ 125,000 $ 125,000 $ 60,000
Frederick, Maryland 1 $ 175,000 $ 175,000 $ 102,000
Harford, Maryland 1 $ 315,000 $ 315,000 $ 62,000
Atlantic, New Jersey 1 $ 455,000 $ 455,000 $ 203,000
Sussex, New Jersey 1 $ 535,000 $ 535,000 $ 67,000
Catawba, North Carolina 1 $ 85,000 $ 85,000 $ 49,000
Henderson, North Carolina 1 $ 425,000 $ 425,000 $ 103,000
Iredell, North Carolina 1 $ 95,000 $ 95,000 $ 48,000
Lincoln, North Carolina 1 $ 305,000 $ 305,000 $ 58,000
Mecklenburg, North Carolina 1 $ 195,000 $ 195,000 $ 64,000
Transylvania, North Carolina 1 $ 405,000 $ 405,000 $ 237,000
Wake, North Carolina 1 $ 265,000 $ 265,000 $ 472,000
Allegheny, Pennsylvania 1 $ 85,000 $ 85,000 $ 115,000
Allendale, South Carolina 1 $ 65,000 $ 65,000 $ 42,000
Lancaster, South Carolina 1 $ 125,000 $ 125,000 $ 60,000
Orangeburg, South Carolina 1 $ 255,000 $ 255,000 $ 41,000
Rutherford, Tennessee 1 $ 205,000 $ 205,000 $ 60,000
Brazos, Texas 1 $ 1,005,000 $ 1,005,000 $ 1,032,000
Denton, Texas 1 $ 185,000 $ 185,000 $ 90,000
Harris, Texas 1 $ 85,000 $ 85,000 $ 120,000
Midland, Texas 1 $ 215,000 $ 215,000 $ 45,000
Nueces, Texas 1 $ 115,000 $ 115,000 $ 132,000
Arlington, Virginia 1 $ 405,000 $ 405,000 $ 91,000
Caroline, Virginia 1 $ 215,000 $ 215,000 $ 57,000
Danville, Virginia 1 $ 225,000 $ 225,000 $ 74,000
Fairfax, Virginia 1 $ 455,000 $ 455,000 $ 146,000
Orange, Virginia 1 $ 225,000 $ 225,000 $ 168,000
Rockbridge, Virginia 1 $ 175,000 $ 175,000 $ 69,000

Mortgage Loan Application Detail Totals for Nqm Funding, LLC in 2018

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 1,772 $463,090,000 $261,000 $1,085,000 $105,000 $1,074,000
Refinancing 217 $55,485,000 $255,000 $1,375,000 $130,000 $1,857,000
Cash-out Refinancing 23 $5,305,000 $230,000 $455,000 $106,000 $427,000
Home Improvement 3 $405,000 $135,000 $155,000 $64,000 $82,000
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 1,159 $307,635,000 $265,000 $1,375,000 $121,000 $1,857,000
Hispanic 439 $110,505,000 $251,000 $755,000 $91,000 $647,000
Black or African American 290 $72,900,000 $251,000 $535,000 $82,000 $400,000
Asian 77 $20,845,000 $270,000 $535,000 $107,000 $343,000
Not Provided 44 $10,990,000 $249,000 $455,000 $116,000 $379,000
Native Hawaiian or Other Pacific Islander 6 $1,410,000 $235,000 $335,000 $75,000 $109,000
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) 1,363 $357,325,000 $262,000 $1,375,000 $122,000 $1,857,000
FHA-insured (Federal Housing Administration) 549 $137,675,000 $250,000 $495,000 $76,000 $204,000
VA-guaranteed (Veterans Administration) 102 $29,090,000 $285,000 $595,000 $89,000 $375,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $195,000 $195,000 $195,000 $57,000 $57,000

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 1,481 $380,845,000 $257,000 $1,375,000 $109,000 $1,857,000
Application Withdrawn By Applicant 255 $66,235,000 $259,000 $1,005,000 $103,000 $647,000
Application Denied By Financial Institution 207 $56,485,000 $272,000 $1,085,000 $101,000 $427,000
Application Approved But Not Accepted 61 $17,725,000 $290,000 $675,000 $122,000 $348,000
File Closed For Incompleteness 11 $2,995,000 $272,000 $675,000 $150,000 $541,000
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 1,808 $467,800,000 $258,000 $1,375,000 $109,000 $1,857,000
Collateral 78 $19,430,000 $249,000 $755,000 $98,000 $350,000
Debt-To-Income Ratio 65 $18,615,000 $286,000 $1,085,000 $85,000 $313,000
Credit History 29 $8,735,000 $301,000 $695,000 $122,000 $427,000
Insufficient Cash (Downpayment, Closing Cost) 13 $3,505,000 $269,000 $455,000 $101,000 $256,000
Unverifiable Information 12 $3,480,000 $290,000 $405,000 $121,000 $395,000
Other 5 $1,265,000 $253,000 $455,000 $175,000 $329,000
Employment History 5 $1,455,000 $291,000 $455,000 $115,000 $218,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Nqm Funding, LLC's 2018 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 Nqm Funding, LLC'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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