Nexera Holding Mortgage Rates, Fees & Info

DOVER, DE

LEI: 549300EKFFG3BU8DNX74

Tax ID: 46-5671661

1 stars - out of 5 stars, based on 55 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Nexera Holding is a small mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Nexera Holding has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Los Angeles, San Francisco, San Diego, Riverside, and Miami among others. Nexera Holding has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Nexera Holding is typically a high fee lendor.


Originations

3,026

Origination Dollar Volume (All Markets)

$1,905,210,000

Awards

NEXERA HOLDING  30 Year Conventional Loans silver NEXERA HOLDING  30 Year Conventional Loans silver
Show all (2) awards

Relative Rate

Nexera Holding 's average 30 year fixed rate mortgage of loans were 3.64%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.49%.

Relative Fees

Nexera Holding 's average total fees for a 30 year fixed rate mortgage are $9,596.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 681 $596,865,000 $876,454 $13,414 3.61%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 240 $198,300,000 $826,250 $9,250 3.36%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 133 $107,345,000 $807,105 $14,734 3.72%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 178 $95,580,000 $536,966 $10,214 3.76%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 141 $75,895,000 $538,262 $12,617 3.90%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 71 $62,935,000 $886,408 $9,570 3.28%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 146 $58,370,000 $399,795 $6,037 3.77%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 72 $45,840,000 $636,667 $10,346 3.50%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 78 $42,350,000 $542,949 $6,890 3.10%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 92 $41,510,000 $451,196 $7,860 3.77%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 45 $36,135,000 $803,000 $11,672 3.50%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 56 $23,670,000 $422,679 $11,000 3.39%
SALT LAKE CITY, UT (FHA|USDA|VA) 39 $22,595,000 $579,359 $10,764 3.37%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 65 $22,465,000 $345,615 $5,908 3.04%
Heber, UT (FHA|USDA|VA) 21 $21,835,000 $1,039,762 $15,993 3.34%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 30 $20,360,000 $678,667 $15,156 4.20%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 49 $20,015,000 $408,469 $8,431 3.79%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 52 $18,820,000 $361,923 $7,209 3.64%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 33 $16,995,000 $515,000 $7,278 3.29%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 40 $16,510,000 $412,750 $7,683 3.29%
Key West, FL (FHA|USDA|VA) 15 $15,675,000 $1,045,000 $23,176 4.63%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 21 $15,005,000 $714,524 $8,455 3.90%
SALINAS, CA (FHA|USDA|VA) 18 $14,110,000 $783,889 $12,801 3.81%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 18 $14,060,000 $781,111 $15,487 3.40%
Outside of Metro Areas 31 $14,015,000 $452,097 $8,182 3.73%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 28 $12,670,000 $452,500 $11,215 4.15%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 31 $11,635,000 $375,323 $3,562 2.95%
VALLEJO, CA (FHA|USDA|VA) 34 $11,450,000 $336,765 $4,930 3.22%
STOCKTON, CA (FHA|USDA|VA) 23 $11,445,000 $497,609 $10,424 3.59%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 28 $10,740,000 $383,571 $6,083 3.61%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 15 $10,565,000 $704,333 $14,181 3.51%
JACKSONVILLE, FL (FHA|USDA|VA) 21 $9,965,000 $474,524 $11,161 3.82%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 27 $9,875,000 $365,741 $5,267 3.25%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 25 $9,595,000 $383,800 $10,706 4.85%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 9 $8,795,000 $977,222 $10,968 3.28%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 19 $8,355,000 $439,737 $15,004 4.39%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 9 $7,195,000 $799,444 $18,641 3.32%
PROVO-OREM, UT (FHA|USDA|VA) 9 $6,425,000 $713,889 $13,656 3.32%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $5,245,000 $1,049,000 $21,908 4.72%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 14 $4,670,000 $333,571 $7,181 4.34%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 13 $4,615,000 $355,000 $3,067 3.20%
BAKERSFIELD, CA (FHA|USDA|VA) 15 $4,595,000 $306,333 $7,407 4.13%
COLORADO SPRINGS, CO (FHA|USDA|VA) 13 $4,565,000 $351,154 $5,774 3.43%
Truckee-Grass Valley, CA (FHA|USDA|VA) 10 $4,560,000 $456,000 $4,413 2.91%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 8 $4,440,000 $555,000 $7,386 3.23%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $4,350,000 $1,087,500 $20,597 4.31%
FRESNO, CA (FHA|USDA|VA) 12 $4,200,000 $350,000 $6,869 3.42%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 5 $4,095,000 $819,000 $19,813 4.85%
MODESTO, CA (FHA|USDA|VA) 10 $3,870,000 $387,000 $6,497 3.85%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 4 $3,570,000 $892,500 $12,839 5.06%
BOISE CITY, ID (FHA|USDA|VA) 6 $3,420,000 $570,000 $9,609 4.29%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $3,300,000 $825,000 $17,909 4.00%
TUCSON, AZ (FHA|USDA|VA) 8 $3,180,000 $397,500 $5,227 4.58%
FORT COLLINS, CO (FHA|USDA|VA) 6 $3,140,000 $523,333 $5,017 2.88%
BOULDER, CO (FHA|USDA|VA) 4 $3,010,000 $752,500 $7,885 3.38%
BEND, OR (FHA|USDA|VA) 7 $2,805,000 $400,714 $5,661 2.73%
LOGAN, UT-ID (FHA|USDA|VA) 1 $2,805,000 $2,805,000 $27,982 3.50%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 6 $2,540,000 $423,333 $7,927 3.90%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $2,390,000 $597,500 $3,299 3.81%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 10 $2,340,000 $234,000 $7,689 4.81%
GREELEY, CO (FHA|USDA|VA) 7 $2,275,000 $325,000 $6,381 3.43%
SAVANNAH, GA (FHA|USDA|VA) 4 $2,150,000 $537,500 $8,051 3.94%
REDDING, CA (FHA|USDA|VA) 7 $2,135,000 $305,000 $5,774 3.30%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 5 $2,135,000 $427,000 $4,150 3.20%
MEDFORD, OR (FHA|USDA|VA) 6 $2,120,000 $353,333 $6,382 3.52%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 7 $2,005,000 $286,429 $9,151 4.13%
ST. GEORGE, UT (FHA|USDA|VA) 1 $1,965,000 $1,965,000 $34,780 4.13%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $1,920,000 $320,000 $9,796 4.33%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 5 $1,815,000 $363,000 $2,169 3.73%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $1,775,000 $355,000 $9,435 4.03%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $1,750,000 $291,667 $3,260 2.85%
Aberdeen, WA (FHA|USDA|VA) 2 $1,740,000 $870,000 $2,957 3.88%
SALEM, OR (FHA|USDA|VA) 5 $1,735,000 $347,000 $3,419 2.80%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 6 $1,650,000 $275,000 $4,746 3.31%
PANAMA CITY, FL (FHA|USDA|VA) 3 $1,615,000 $538,333 $16,930 5.29%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 5 $1,535,000 $307,000 $4,097 3.23%
VISALIA, CA (FHA|USDA|VA) 5 $1,515,000 $303,000 $2,473 4.05%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 6 $1,510,000 $251,667 $4,553 3.98%
Georgetown, SC (FHA|USDA|VA) 1 $1,495,000 $1,495,000 $0 5.38%
COLUMBUS, OH (FHA|USDA|VA) 4 $1,450,000 $362,500 $4,828 2.66%
PITTSBURGH, PA (FHA|USDA|VA) 5 $1,435,000 $287,000 $3,724 2.70%
BELLINGHAM, WA (FHA|USDA|VA) 3 $1,345,000 $448,333 $2,408 4.21%
PORT ST. LUCIE, FL (FHA|USDA|VA) 4 $1,340,000 $335,000 $3,237 3.69%
Seneca, SC (FHA|USDA|VA) 1 $1,285,000 $1,285,000 $19,479 2.88%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 5 $1,235,000 $247,000 $5,359 3.98%
OCALA, FL (FHA|USDA|VA) 3 $1,165,000 $388,333 $6,754 3.83%
Montrose, CO (FHA|USDA|VA) 2 $1,150,000 $575,000 $19,863 3.38%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $1,150,000 $575,000 $15,252 5.06%
NAPA, CA (FHA|USDA|VA) 2 $1,100,000 $550,000 $2,354 3.31%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $940,000 $470,000 $15,970 3.13%
Port Angeles, WA (FHA|USDA|VA) 2 $900,000 $450,000 $2,534 3.38%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $860,000 $430,000 $2,242 3.00%
Ukiah, CA (FHA|USDA|VA) 2 $860,000 $430,000 $6,931 3.81%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $820,000 $410,000 $2,126 4.00%
WENATCHEE, WA (FHA|USDA|VA) 2 $800,000 $400,000 $6,807 2.81%
ASHEVILLE, NC (FHA|USDA|VA) 1 $775,000 $775,000 $0 4.88%
YUBA CITY, CA (FHA|USDA|VA) 2 $770,000 $385,000 $3,744 2.81%
Sevierville, TN (FHA|USDA|VA) 1 $765,000 $765,000 $0 4.88%
Show Low, AZ (FHA|USDA|VA) 2 $760,000 $380,000 $5,644 2.56%
Newport, OR (FHA|USDA|VA) 3 $735,000 $245,000 $6,445 3.92%
TOLEDO, OH (FHA|USDA|VA) 2 $660,000 $330,000 $6,884 4.06%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $655,000 $655,000 $13,521 6.25%
LONGVIEW, WA (FHA|USDA|VA) 2 $650,000 $325,000 $4,049 3.06%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 2 $640,000 $320,000 $7,004 3.50%
AKRON, OH (FHA|USDA|VA) 3 $635,000 $211,667 $3,006 2.79%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $630,000 $315,000 $5,134 4.81%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $600,000 $300,000 $3,736 4.31%
Payson, AZ (FHA|USDA|VA) 2 $590,000 $295,000 $4,057 4.88%
EL CENTRO, CA (FHA|USDA|VA) 2 $550,000 $275,000 $9,795 3.63%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $545,000 $545,000 $3,121 2.88%
Edwards, CO (FHA|USDA|VA) 1 $545,000 $545,000 $4,183 2.88%
MUSKEGON, MI (FHA|USDA|VA) 2 $530,000 $265,000 $3,469 2.69%
MERCED, CA (FHA|USDA|VA) 2 $520,000 $260,000 $4,064 3.88%
GAINESVILLE, FL (FHA|USDA|VA) 2 $480,000 $240,000 $2,265 3.69%
MADERA, CA (FHA|USDA|VA) 1 $465,000 $465,000 $3,883 2.50%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $455,000 $455,000 $10,055 5.75%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $425,000 $425,000 $6,645 2.38%
CaƱon City, CO (FHA|USDA|VA) 1 $425,000 $425,000 $2,192 3.00%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $395,000 $395,000 $1,585 2.00%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $375,000 $375,000 $3,712 3.38%
CORVALLIS, OR (FHA|USDA|VA) 1 $375,000 $375,000 $2,842 2.63%
YAKIMA, WA (FHA|USDA|VA) 1 $355,000 $355,000 $9,709 2.63%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $355,000 $355,000 $3,196 2.88%
Astoria, OR (FHA|USDA|VA) 1 $335,000 $335,000 $2,751 2.13%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $335,000 $335,000 $9,603 2.25%
Outside of Metro Areas 1 $325,000 $325,000 $0 4.75%
COLUMBIA, SC (FHA|USDA|VA) 1 $325,000 $325,000 $8,858 6.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $305,000 $305,000 $3,428 2.50%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $305,000 $305,000 $4,469 3.13%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $305,000 $305,000 $2,761 2.88%
The Dalles, OR (FHA|USDA|VA) 1 $305,000 $305,000 $3,157 3.25%
La Grande, OR (FHA|USDA|VA) 1 $305,000 $305,000 $1,687 2.63%
Newberry, SC (FHA|USDA|VA) 1 $295,000 $295,000 $4,670 2.50%
GRANTS PASS, OR (FHA|USDA|VA) 1 $295,000 $295,000 $2,855 2.63%
Durango, CO (FHA|USDA|VA) 1 $295,000 $295,000 $2,829 2.38%
THE VILLAGES, FL (FHA|USDA|VA) 1 $295,000 $295,000 $8,091 2.75%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $285,000 $285,000 $3,547 3.00%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $285,000 $285,000 $3,053 3.00%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $285,000 $285,000 $2,618 3.00%
SPARTANBURG, SC (FHA|USDA|VA) 1 $285,000 $285,000 $11,586 4.00%
Pullman, WA (FHA|USDA|VA) 1 $275,000 $275,000 $2,283 2.25%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $265,000 $265,000 $2,144 2.75%
Klamath Falls, OR (FHA|USDA|VA) 1 $265,000 $265,000 $3,152 2.75%
Clewiston, FL (FHA|USDA|VA) 1 $255,000 $255,000 $10,862 4.13%
BRUNSWICK, GA (FHA|USDA|VA) 1 $255,000 $255,000 $2,782 2.25%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.13%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.00%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $255,000 $255,000 $10,263 4.88%
CHICO, CA (FHA|USDA|VA) 1 $245,000 $245,000 $2,829 3.00%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $235,000 $235,000 $11,293 2.38%
DALTON, GA (FHA|USDA|VA) 1 $215,000 $215,000 $2,820 3.38%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $215,000 $215,000 $7,716 5.88%
YUMA, AZ (FHA|USDA|VA) 1 $195,000 $195,000 $0 4.75%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $195,000 $195,000 $8,194 4.25%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $195,000 $195,000 $3,584 3.00%
Red Bluff, CA (FHA|USDA|VA) 1 $175,000 $175,000 $1,467 3.63%
Oak Harbor, WA (FHA|USDA|VA) 1 $165,000 $165,000 $1,537 2.75%
ROME, GA (FHA|USDA|VA) 1 $125,000 $125,000 $2,343 4.00%

Nexera Holding 's top markets include Los Angeles, San Francisco, San Diego, Riverside, and Miami among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,979 $1,888,435,000 $633,916 $10,231 3.62%
FHA 42 $15,040,000 $358,095 $10,748 2.89%
VA 5 $1,735,000 $347,000 $10,183 2.75%

For the 2021 period, Nexera Holding 's most frequently originated loan type of loans were Conventional, with 2,979 originations. Their 2nd most popular type is FHA, with 42 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,077 $816,025,000 $757,683 $14,710 4.12%
Refi 1,072 $613,410,000 $572,211 $7,290 3.06%
Cash Out Refi 877 $475,775,000 $542,503 $9,090 3.64%

For the 2021, Nexera Holding 's most frequently cited loan purpose of loans were Home Purchase, with 1,077 originations. The 2nd most popular reason of loans were Refi, with 1,072 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,539 $1,511,935,000 $595,484 $9,596 3.64%
30+ year 262 $306,390,000 $1,169,427 $20,432 4.26%
15 Year 132 $54,890,000 $415,833 $4,988 2.45%
20 Year 86 $29,800,000 $346,512 $3,545 2.66%
10 Year 7 $2,195,000 $313,571 $3,333 1.98%

For the 2021, Nexera Holding 's most frequently cited loan length of loans were 30 Year, with 2,539 originations. The 2nd most popular length of loans were 30+ year, with 262 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$5k+ 1,182 $1,062,900,000 $899,239
$<1k 549 $210,045,000 $382,596
$1k-2k 506 $246,850,000 $487,846
$3k-4k 237 $103,735,000 $437,700
$2k-3k 121 $53,415,000 $441,446

$9,596 of loans were Nexera Holding 's average total fees, while their most frequently occuring range of origination fees were in the $5k+ bucket, with 1,182 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 936 $682,490,000 $729,156
2.5-3% 925 $493,755,000 $533,789
4-5% 541 $409,465,000 $756,867
<2.5% 288 $125,900,000 $437,153
5-6% 274 $165,620,000 $604,453
6-7% 58 $27,480,000 $473,793
7-8% 4 $500,000 $125,000

During 2021, Nexera Holding 's average interest rate of loans were 3.64%, while their most frequently originated rate bucket of loans were 3-4%, with 936 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 1,095 $337,375,000 $308,105 $5,194 3.41%
$400k-600k 754 $362,620,000 $480,928 $6,874 3.43%
$1MM+ 509 $785,695,000 $1,543,605 $23,049 3.84%
$600k-1MM 497 $391,925,000 $788,581 $14,131 3.89%
$100k-200k 171 $27,595,000 $161,374 $4,512 4.13%

2021 saw Nexera Holding place emphasis on $200k-400k loans with 1,095 originations, totaling $337,375,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 782 $858,920,000 $1,098,363 $17,215 3.74%
$150k-250k 644 $388,750,000 $603,649 $9,376 3.36%
$100k-150k 557 $234,835,000 $421,607 $6,699 3.27%
$50k or less 504 $246,350,000 $488,790 $6,154 4.59%
$75k-100k 322 $110,740,000 $343,913 $5,272 3.12%
$50k-75k 217 $65,615,000 $302,373 $5,497 3.13%

Nexera Holding lent most frequently to those with incomes in the $250k+ range, with 782 originations. The second most popular income band? $150k-250k, with 644 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 490 $287,180,000 $586,082 $8,720 3.26%
30-36% 439 $278,315,000 $633,975 $9,834 3.33%
<20% 270 $173,250,000 $641,667 $10,948 3.64%
41% 125 $93,685,000 $749,480 $11,219 3.43%
49% 121 $87,235,000 $720,950 $12,383 3.68%
42% 111 $76,535,000 $689,505 $10,462 3.40%
39% 109 $70,725,000 $648,853 $10,080 3.42%
43% 105 $68,065,000 $648,238 $10,498 3.36%
36% 102 $71,690,000 $702,843 $9,655 3.38%
38% 99 $58,225,000 $588,131 $8,977 3.42%
44% 98 $61,880,000 $631,429 $9,819 3.45%
40% 95 $67,955,000 $715,316 $10,349 3.22%
47% 85 $65,715,000 $773,118 $13,260 3.73%
48% 84 $57,640,000 $686,190 $12,904 3.47%
37% 83 $54,055,000 $651,265 $10,848 3.33%
46% 75 $38,255,000 $510,067 $8,242 3.47%
45% 74 $51,010,000 $689,324 $11,051 3.61%
50-60% 26 $14,460,000 $556,154 $13,715 3.13%
>60% 1 $195,000 $195,000 $0 4.75%

Nexera Holding lent most frequently to those with DTI ratios of 20-30%, with 490 originations. The next most common DTI ratio? 30-36%, with 439 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,912 $1,232,310,000 $644,514 $10,589 3.61%
Not provided 577 $353,215,000 $612,158 $9,813 3.61%
Asian 353 $223,895,000 $634,263 $8,830 3.49%
Black 144 $80,170,000 $556,736 $11,669 3.91%
American Indian 13 $5,615,000 $431,923 $7,731 3.48%
Native Hawaiian 14 $4,840,000 $345,714 $5,395 3.76%
Filipino 5 $2,105,000 $421,000 $5,195 3.45%
Other Asian 4 $1,410,000 $352,500 $5,998 2.56%
Asian Indian 2 $880,000 $440,000 $3,137 2.19%
Vietnamese 2 $770,000 $385,000 $2,497 3.75%

Approval Rates

Total approvals of all applications
89.90%

Nexera Holding has an average approval rate.

Pick Rate

Approvals leading to origination
45.78%

Nexera Holding has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points Originations Total Value Average Loan
NA 3,026 $1,905,210,000 $629,613

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
3,026 $1,905,210,000 $629,613

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 209 $103,915,000 $497,201 $7,729 3.15%
40-60% 695 $417,185,000 $600,266 $7,719 3.20%
60-80% 1,421 $910,205,000 $640,538 $10,691 3.65%
80-100% 680 $465,940,000 $685,206 $12,772 4.06%
Under 20% 18 $6,130,000 $340,556 $4,913 3.48%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
Nexera Holding LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%