Rms & Associates Mortgage Lending & HMDA Data, 2015
In 2015, Rms & Associates of Las Vegas, NV reported 1,058 mortgage applications totaling $195.2 million, up 2% from 2014. The average application was for $184,475, and applicants reported an average income of $61,873. 88% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Las Vegas-Henderson-Paradise, NV (1,049), Reno, NV (3) and Los Angeles-Long Beach-Glendale, CA (2) (applications in parentheses).
| Mortgage Company & Address | Rms & Associates 3585 E. Flamingo, #103 Las Vegas, NV 89121 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 1,058 |
| Total Mortgage Loan Application Amount | $195,175,000 |
| Average Mortgage Loan Application Amount | $184,475 |
| Highest Mortgage Loan Application Amount | $637,000 |
| Average Applicant Income | $61,873 |
| Highest Applicant Income | $420,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Rms & Associates filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Las Vegas-Henderson-Paradise, NV | 1,049 | $ 192,472,000 | $ 183,481 | $ 61,000 |
| Reno, NV | 3 | $ 533,000 | $ 177,666 | $ 118,000 |
| Los Angeles-Long Beach-Glendale, CA | 2 | $ 894,000 | $ 447,000 | $ 110,000 |
| Anaheim-Santa Ana-Irvine, CA | 1 | $ 413,000 | $ 413,000 | $ 145,000 |
| Bend-Redmond, OR | 1 | $ 204,000 | $ 204,000 | $ 89,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 1 | $ 131,000 | $ 131,000 | $ 39,000 |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 1 | $ 528,000 | $ 528,000 | $ 115,000 |
Mortgage Loan Application Detail Totals for Rms & Associates in 2015
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 | 889 | $164,917,000 | $185,000 | $637,000 | $60,000 | $420,000 |
| Refinancing | 168 | $30,118,000 | $179,000 | $417,000 | $72,000 | $288,000 |
| Home Improvement | 1 | $140,000 | $140,000 | $140,000 | $26,000 | $26,000 |
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 |
|---|---|---|---|---|---|---|
| Hispanic | 586 | $92,775,000 | $158,000 | $417,000 | $46,000 | $253,000 |
| White | 363 | $80,496,000 | $221,000 | $637,000 | $85,000 | $420,000 |
| Asian | 56 | $11,756,000 | $209,000 | $374,000 | $67,000 | $159,000 |
| Black or African American | 32 | $6,377,000 | $199,000 | $373,000 | $60,000 | $122,000 |
| Native Hawaiian or Other Pacific Islander | 10 | $1,738,000 | $173,000 | $253,000 | $65,000 | $95,000 |
| Not Provided | 10 | $1,790,000 | $179,000 | $226,000 | $70,000 | $182,000 |
| American Indian or Alaskan Native | 1 | $243,000 | $243,000 | $243,000 | $86,000 | $86,000 |
| 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 662 | $114,564,000 | $173,000 | $528,000 | $51,000 | $253,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 355 | $69,995,000 | $197,000 | $637,000 | $77,000 | $420,000 |
| VA-guaranteed (Veterans Administration) | 41 | $10,616,000 | $258,000 | $451,000 | $87,000 | $325,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 933 | $171,797,000 | $184,000 | $637,000 | $62,000 | $420,000 |
| Application Denied By Financial Institution | 53 | $10,337,000 | $195,000 | $417,000 | $58,000 | $136,000 |
| Application Withdrawn By Applicant | 33 | $6,208,000 | $188,000 | $540,000 | $63,000 | $191,000 |
| Application Approved But Not Accepted | 29 | $5,279,000 | $182,000 | $560,000 | $65,000 | $326,000 |
| File Closed For Incompleteness | 10 | $1,554,000 | $155,000 | $288,000 | $47,000 | $117,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 21 | $3,806,000 | $181,000 | $356,000 | $52,000 | $136,000 |
| Credit History | 9 | $1,861,000 | $206,000 | $356,000 | $83,000 | $131,000 |
| Employment History | 8 | $2,014,000 | $251,000 | $417,000 | $60,000 | $121,000 |
| Other | 3 | $589,000 | $196,000 | $245,000 | $75,000 | $115,000 |
| Collateral | 1 | $125,000 | $125,000 | $125,000 | $58,000 | $58,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 Rms & Associates's 2015 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 Rms & Associates'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 Nevada, 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