Nexera Holding Mortgage Rates, Fees & Info
DOVER, DELEI: 549300EKFFG3BU8DNX74
Tax ID: 46-5671661
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage 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
3,026Origination Dollar Volume (All Markets)
$1,905,210,000Awards
NEXERA HOLDING - 2021
NEXERA HOLDING is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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% |
| Cañon 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 applications89.90%
Nexera Holding has an average approval rate.
Pick Rate
Approvals leading to origination45.78%
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% |
