Nqm Funding, LLC Mortgage Lending & HMDA Data, 2019

In 2019, Nqm Funding, LLC of Boca Raton, FL reported 3,454 mortgage applications totaling $949.5 million, up 71% from 2018. The average application was for $274,884, and applicants reported an average income of $114,528. 67% of its applications resulted in an originated loan and 12% were denied. Its largest markets were West Palm Beach-Boca Raton-Delray Beach, FL (748), Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (665) and Miami-Miami Beach-Kendall, FL (207) (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 3,454
Total Mortgage Loan Application Amount $949,450,000
Average Mortgage Loan Application Amount $274,884
Highest Mortgage Loan Application Amount $3,925,000
Average Applicant Income $114,528
Highest Applicant Income $3,000,000

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Act (HMDA) records Nqm Funding, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Metropolitan Area in 2019

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
West Palm Beach-Boca Raton-Delray Beach, FL 748 $ 220,110,000 $ 294,264 $ 129,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 665 $ 203,385,000 $ 305,842 $ 133,000
Miami-Miami Beach-Kendall, FL 207 $ 69,115,000 $ 333,888 $ 148,000
Orlando-Kissimmee-Sanford, FL 194 $ 52,550,000 $ 270,876 $ 99,000
New York-Newark, NY 129 $ 35,345,000 $ 273,992 $ 112,000
Outside any metro area 93 $ 17,375,000 $ 186,827 $ 78,569
Port St. Lucie, FL 81 $ 21,555,000 $ 266,111 $ 131,000
Tampa-St. Petersburg-Clearwater, FL 76 $ 22,580,000 $ 297,105 $ 113,000
Lubbock, TX 69 $ 12,015,000 $ 174,130 $ 87,000
Philadelphia, PA 61 $ 10,795,000 $ 176,967 $ 71,000
Newark, NJ-PA 50 $ 14,940,000 $ 298,800 $ 97,860
Atlanta-Sandy Springs-Roswell, GA 40 $ 9,800,000 $ 245,000 $ 117,000
Charleston-North Charleston, SC 40 $ 9,640,000 $ 241,000 $ 86,000
Jacksonville, FL 38 $ 11,450,000 $ 301,315 $ 102,000
Sebastian-Vero Beach, FL 37 $ 7,775,000 $ 210,135 $ 91,000
Charlotte-Concord-Gastonia, NC-SC 36 $ 9,160,000 $ 254,444 $ 87,250
Washington-Arlington-Alexandria, DC-VA-MD-WV 36 $ 10,480,000 $ 291,111 $ 77,250
Baltimore-Columbia-Towson, MD 35 $ 8,675,000 $ 247,857 $ 64,000
Dallas-Plano-Irving, TX 35 $ 8,515,000 $ 243,285 $ 100,000
Chicago-Naperville, IL 34 $ 9,440,000 $ 277,647 $ 109,000
Richmond, VA 33 $ 6,525,000 $ 197,727 $ 66,000
New York-Jersey City-White Plains, NY-NJ 31 $ 9,175,000 $ 295,967 $ 100,000
Cleveland-Elyria, OH 28 $ 4,160,000 $ 148,571 $ 61,000
Hickory-Lenoir-Morganton, NC 27 $ 4,185,000 $ 155,000 $ 54,000
Lakeland-Winter Haven, FL 26 $ 5,060,000 $ 194,615 $ 111,000
Fort Worth-Arlington, TX 25 $ 5,245,000 $ 209,800 $ 71,000
Cape Coral-Fort Myers, FL 24 $ 5,850,000 $ 243,750 $ 103,000
Deltona-Daytona Beach-Ormond Beach, FL 24 $ 8,670,000 $ 361,250 $ 151,000
San Antonio-New Braunfels, TX 22 $ 5,490,000 $ 249,545 $ 110,000
Cincinnati, OH-KY-IN 21 $ 3,305,000 $ 157,380 $ 60,761
Naples-Immokalee-Marco Island, FL 21 $ 6,925,000 $ 329,761 $ 188,000
Houston-The Woodlands-Sugar Land, TX 20 $ 5,540,000 $ 277,000 $ 116,000
North Port-Sarasota-Bradenton, FL 20 $ 6,820,000 $ 341,000 $ 217,000
Montgomery County-Bucks County-Chester County, PA 19 $ 6,885,000 $ 362,368 $ 129,000
Palm Bay-Melbourne-Titusville, FL 19 $ 4,065,000 $ 213,947 $ 76,000
Camden, NJ 18 $ 4,090,000 $ 227,222 $ 78,000
Virginia Beach-Norfolk-Newport News, VA-NC 16 $ 4,610,000 $ 288,125 $ 135,000
Austin-Round Rock, TX 14 $ 3,510,000 $ 250,714 $ 103,000
Los Angeles-Long Beach-Glendale, CA 12 $ 5,340,000 $ 445,000 $ 98,000
Midland, TX 12 $ 2,860,000 $ 238,333 $ 99,000
Indianapolis-Carmel-Anderson, IN 10 $ 1,910,000 $ 191,000 $ 51,000
St. Louis, MO-IL 9 $ 1,815,000 $ 201,666 $ 79,333
Denver-Aurora-Lakewood, CO 8 $ 3,160,000 $ 395,000 $ 221,000
Ocala, FL 8 $ 1,550,000 $ 193,750 $ 55,000
Raleigh, NC 8 $ 1,690,000 $ 211,250 $ 67,000
Riverside-San Bernardino-Ontario, CA 8 $ 2,120,000 $ 265,000 $ 83,000
Akron, OH 7 $ 945,000 $ 135,000 $ 71,000
Birmingham-Hoover, AL 7 $ 1,135,000 $ 162,142 $ 62,000
Cape Girardeau, MO-IL 7 $ 915,000 $ 130,714 $ 51,000
Odessa, TX 7 $ 1,445,000 $ 206,428 $ 80,000
Bakersfield, CA 6 $ 740,000 $ 123,333 $ 84,000
Columbia, SC 6 $ 1,180,000 $ 196,666 $ 50,000
Columbus, OH 6 $ 1,000,000 $ 166,666 $ 61,000
Gary, IN 6 $ 910,000 $ 151,666 $ 52,000
Elkhart-Goshen, IN 5 $ 945,000 $ 189,000 $ 79,000
Fresno, CA 5 $ 1,325,000 $ 265,000 $ 83,000
Greeley, CO 5 $ 1,285,000 $ 257,000 $ 100,000
Pensacola-Ferry Pass-Brent, FL 5 $ 615,000 $ 123,000 $ 126,000
Washington-Baltimore-Arlington, DC 5 $ 1,825,000 $ 365,000 $ 77,000
Allentown-Bethlehem-Easton, PA-NJ 4 $ 830,000 $ 207,500 $ 80,000
Anaheim-Santa Ana-Irvine, CA 4 $ 2,050,000 $ 512,500 $ 274,000
Corpus Christi, TX 4 $ 720,000 $ 180,000 $ 84,000
El Paso, TX 4 $ 430,000 $ 107,500 $ 40,000
Greenville-Anderson-Mauldin, SC 4 $ 810,000 $ 202,500 $ 82,000
Homosassa Springs, FL 4 $ 760,000 $ 190,000 $ 105,000
Lake County-Kenosha County, IL-WI 4 $ 1,030,000 $ 257,500 $ 102,000
Minneapolis-St. Paul-Bloomington, MN-WI 4 $ 920,000 $ 230,000 $ 41,000
Pittsburgh, PA 4 $ 620,000 $ 155,000 $ 58,000
Rockingham County-Strafford County, NH 4 $ 1,020,000 $ 255,000 $ 55,000
Sacramento--Roseville--Arden-Arcade, CA 4 $ 1,240,000 $ 310,000 $ 109,000
San Jose-Sunnyvale-Santa Clara, CA 4 $ 1,790,000 $ 447,500 $ 135,000
Bridgeport-Stamford-Norwalk, CT 3 $ 1,905,000 $ 635,000 $ 268,000
Charlottesville, VA 3 $ 635,000 $ 211,666 $ 92,000
Columbus, GA-AL 3 $ 695,000 $ 231,666 $ 208,333
Dayton-Springfield-Kettering, OH 3 $ 945,000 $ 315,000 $ 82,000
Durham-Chapel Hill, NC 3 $ 965,000 $ 321,666 $ 121,000
Elgin, IL 3 $ 555,000 $ 185,000 $ 80,000
Gainesville, FL 3 $ 485,000 $ 161,666 $ 182,000
Hartford-West Hartford-East Hartford, CT 3 $ 685,000 $ 228,333 $ 78,000
Memphis, TN-MS-AR 3 $ 805,000 $ 268,333 $ 73,000
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 3 $ 575,000 $ 191,666 $ 57,000
Nashville-Davidson--Murfreesboro--Franklin, TN 3 $ 565,000 $ 188,333 $ 75,000
Ocean City, NJ 3 $ 895,000 $ 298,333 $ 106,000
Oxnard-Thousand Oaks-Ventura, CA 3 $ 1,925,000 $ 641,666 $ 186,000
Punta Gorda, FL 3 $ 1,135,000 $ 378,333 $ 153,000
Reading, PA 3 $ 545,000 $ 181,666 $ 105,000
Tallahassee, FL 3 $ 675,000 $ 225,000 $ 98,000
Trenton, NJ 3 $ 505,000 $ 168,333 $ 85,000
Asheville, NC 2 $ 350,000 $ 175,000 $ 58,000
Atlantic City-Hammonton, NJ 2 $ 280,000 $ 140,000 $ 106,000
Augusta-Richmond County, GA-SC 2 $ 400,000 $ 200,000 $ 126,000
Beaumont-Port Arthur, TX 2 $ 370,000 $ 185,000 $ 69,000
Colorado Springs, CO 2 $ 340,000 $ 170,000 $ 114,000
Crestview-Fort Walton Beach-Destin, FL 2 $ 1,730,000 $ 865,000 $ 689,000
Duluth, MN-WI 2 $ 370,000 $ 185,000 $ 46,000
Fort Collins, CO 2 $ 460,000 $ 230,000 $ 125,000
Grand Rapids-Wyoming, MI 2 $ 410,000 $ 205,000 $ 94,000
Greensboro-High Point, NC 2 $ 370,000 $ 185,000 $ 63,000
Kansas City, MO-KS 2 $ 400,000 $ 200,000 $ 0
New Bern, NC 2 $ 310,000 $ 155,000 $ 111,000
Oakland-Hayward-Berkeley, CA 2 $ 1,250,000 $ 625,000 $ 177,000
Olympia-Tumwater, WA 2 $ 550,000 $ 275,000 $ 0
Phoenix-Mesa-Scottsdale, AZ 2 $ 900,000 $ 450,000 $ 258,000
Pueblo, CO 2 $ 430,000 $ 215,000 $ 53,000
Seattle-Bellevue-Everett, WA 2 $ 600,000 $ 300,000 $ 79,000
Sherman-Denison, TX 2 $ 260,000 $ 130,000 $ 24,000
Stockton-Lodi, CA 2 $ 650,000 $ 325,000 $ 91,000
Sumter, SC 2 $ 310,000 $ 155,000 $ 26,000
Tulsa, OK 2 $ 1,600,000 $ 800,000 $ 335,000
Vallejo-Fairfield, CA 2 $ 490,000 $ 245,000 $ 58,000
Warren-Troy-Farmington Hills, MI 2 $ 610,000 $ 305,000 $ 124,000
Wilmington, NC 2 $ 410,000 $ 205,000 $ 56,000
York-Hanover, PA 2 $ 320,000 $ 160,000 $ 20,000
Abilene, TX 1 $ 105,000 $ 105,000 $ 53,000
Albany, GA 1 $ 105,000 $ 105,000 $ 43,000
Ann Arbor, MI 1 $ 155,000 $ 155,000 $ 54,000
Bowling Green, KY 1 $ 195,000 $ 195,000 $ 0
Brunswick, GA 1 $ 195,000 $ 195,000 $ 47,000
College Station-Bryan, TX 1 $ 315,000 $ 315,000 $ 65,000
Detroit-Dearborn-Livonia, MI 1 $ 155,000 $ 155,000 $ 69,000
Evansville, IN-KY 1 $ 75,000 $ 75,000 $ 38,000
Fayetteville, NC 1 $ 175,000 $ 175,000 $ 56,000
Florence, SC 1 $ 145,000 $ 145,000 $ 37,000
Goldsboro, NC 1 $ 145,000 $ 145,000 $ 53,000
Gulfport-Biloxi-Pascagoula, MS 1 $ 205,000 $ 205,000 $ 87,000
Hattiesburg, MS 1 $ 245,000 $ 245,000 $ 70,000
Hilton Head Island-Bluffton-Beaufort, SC 1 $ 165,000 $ 165,000 $ 18,000
Janesville-Beloit, WI 1 $ 135,000 $ 135,000 $ 36,000
Johnstown, PA 1 $ 155,000 $ 155,000 $ 56,000
Killeen-Temple, TX 1 $ 175,000 $ 175,000 $ 50,000
Lafayette, LA 1 $ 135,000 $ 135,000 $ 53,000
Lansing-East Lansing, MI 1 $ 145,000 $ 145,000 $ 63,000
Laredo, TX 1 $ 225,000 $ 225,000 $ 85,000
Lebanon, PA 1 $ 165,000 $ 165,000 $ 43,000
Longview, WA 1 $ 385,000 $ 385,000 $ 102,000
Manchester-Nashua, NH 1 $ 185,000 $ 185,000 $ 82,000
McAllen-Edinburg-Mission, TX 1 $ 85,000 $ 85,000 $ 44,000
Milwaukee-Waukesha-West Allis, WI 1 $ 185,000 $ 185,000 $ 40,000
Modesto, CA 1 $ 85,000 $ 85,000 $ 52,000
New Orleans-Metairie, LA 1 $ 115,000 $ 115,000 $ 34,000
Panama City, FL 1 $ 245,000 $ 245,000 $ 69,000
Portland-South Portland, ME 1 $ 405,000 $ 405,000 $ 129,000
Roanoke, VA 1 $ 195,000 $ 195,000 $ 53,000
Salinas, CA 1 $ 555,000 $ 555,000 $ 85,000
San Diego-Carlsbad, CA 1 $ 545,000 $ 545,000 $ 89,000
Santa Rosa, CA 1 $ 705,000 $ 705,000 $ 221,000
Sheboygan, WI 1 $ 145,000 $ 145,000 $ 96,000
Springfield, IL 1 $ 85,000 $ 85,000 $ 37,000
Tacoma-Lakewood, WA 1 $ 305,000 $ 305,000 $ 113,000
Tucson, AZ 1 $ 155,000 $ 155,000 $ 0
Vineland-Bridgeton, NJ 1 $ 245,000 $ 245,000 $ 91,000
Visalia-Porterville, CA 1 $ 425,000 $ 425,000 $ 111,000
Winchester, VA-WV 1 $ 305,000 $ 305,000 $ 88,000
Winston-Salem, NC 1 $ 175,000 $ 175,000 $ 76,000

Mortgage Loan Application Detail Totals for Nqm Funding, LLC 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 2,385 $653,865,000 $274,000 $3,925,000 $118,000 $3,000,000
Refinancing 1,024 $281,790,000 $275,000 $2,005,000 $104,000 $2,010,000
Cash-out Refinancing 44 $13,540,000 $307,000 $1,505,000 $174,000 $1,314,000
Home Improvement 1 $255,000 $255,000 $255,000 $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 2,029 $570,145,000 $280,000 $3,925,000 $125,000 $2,010,000
Hispanic 637 $170,565,000 $267,000 $1,215,000 $105,000 $3,000,000
Black or African American 527 $138,315,000 $262,000 $1,685,000 $91,000 $3,000,000
Asian 147 $41,505,000 $282,000 $645,000 $106,000 $780,000
Not Provided 103 $25,855,000 $251,000 $495,000 $110,000 $505,000
American Indian or Alaskan Native 6 $1,920,000 $320,000 $485,000 $167,000 $270,000
Native Hawaiian or Other Pacific Islander 4 $970,000 $242,000 $285,000 $82,000 $105,000
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) 2,301 $667,595,000 $290,000 $3,925,000 $136,000 $3,000,000
FHA-insured (Federal Housing Administration) 891 $209,965,000 $235,000 $635,000 $72,000 $365,000
VA-guaranteed (Veterans Administration) 239 $68,095,000 $284,000 $695,000 $68,000 $545,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 23 $3,795,000 $165,000 $305,000 $58,000 $87,000

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 2,324 $629,710,000 $270,000 $1,755,000 $111,000 $2,214,000
Application Withdrawn By Applicant 566 $164,550,000 $290,000 $3,925,000 $131,000 $3,000,000
Application Denied By Financial Institution 408 $108,800,000 $266,000 $1,685,000 $106,000 $2,010,000
File Closed For Incompleteness 123 $35,505,000 $288,000 $1,375,000 $130,000 $1,200,000
Application Approved But Not Accepted 33 $10,885,000 $329,000 $825,000 $142,000 $882,000
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 3,046 $840,650,000 $275,000 $3,925,000 $116,000 $3,000,000
Collateral 123 $33,125,000 $269,000 $1,685,000 $105,000 $802,000
Debt-To-Income Ratio 101 $27,515,000 $272,000 $1,605,000 $94,000 $1,194,000
Credit History 88 $20,400,000 $231,000 $485,000 $86,000 $445,000
Unverifiable Information 59 $16,055,000 $272,000 $855,000 $106,000 $957,000
Insufficient Cash (Downpayment, Closing Cost) 20 $5,900,000 $295,000 $1,075,000 $221,000 $2,010,000
Other 9 $3,555,000 $395,000 $1,485,000 $216,000 $1,411,000
Employment History 8 $2,250,000 $281,000 $545,000 $90,000 $149,000
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 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 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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