Nova Financial & Investment Corporation Mortgage Rates, Fees & Info

TUCSON, AZ

LEI: 549300HIVO8XPBPNVG69

Tax ID: 86-0415227

5 stars - Updated: 4/5/25 - out of 5 stars, based on 69 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Nova Financial & Investment Corporation is a small mortgage company specializing in Home Purchase loans. Nova Financial & Investment Corporation has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Phoenix, Tucson, Denver, Yuma, and Seattle among others. We have data for 111 markets. (Some data included below & more in-depth data is available with an active subscription.)

Nova Financial & Investment Corporation has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Nova Financial & Investment Corporation is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.90% 4/5/25
30 Year Conventional Refi 7.40% 4/5/25
30 Year Cash-out Refi 7.34% 4/5/25
30 Year FHA Purchase 7.18% 4/5/25
30 Year FHA Refi 7.35% 4/5/25
30 Year VA Purchase 6.63% 4/5/25
30 Year VA Refi 6.88% 4/5/25
30 Year USDA Purchase 6.85% 4/5/25
30 Year USDA Refi 6.72% 4/5/25
15 Year Conventional Purchase 6.18% 4/5/25
15 Year Conventional Refi 6.57% 4/5/25
15 Year Cash-out Refi 6.57% 4/5/25
15 Year FHA Purchase 7.26% 4/5/25
15 Year FHA Refi 6.55% 4/5/25
15 Year VA Purchase 5.63% 4/5/25
15 Year VA Refi 6.83% 4/5/25
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Nova Financial & Investment Corporation Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Nova Financial & Investment Corporation. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

4,748

Origination Dollar Volume (All Markets)

$1,530,890,000
Show all (27) awards

Relative Rate

Nova Financial & Investment Corporation's average 30 year fixed mortgage rate was 6.6%.

The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

This yields a difference of 0.05%.

Relative Fees (Closing Costs)

Nova Financial & Investment Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $6,555.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $8,356.

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1,252 $397,660,000 $317,620 $6,014 6.18%
TUCSON, AZ (FHA|USDA|VA) 1,292 $382,420,000 $295,991 $5,330 6.67%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 334 $163,890,000 $490,689 $4,386 6.73%
YUMA, AZ (FHA|USDA|VA) 633 $154,655,000 $244,321 $5,636 6.77%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 195 $79,805,000 $409,256 $12,109 5.99%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 189 $65,365,000 $345,847 $7,432 7.03%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 49 $19,885,000 $405,816 $11,464 6.40%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 89 $19,515,000 $219,270 $4,625 6.52%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 52 $18,180,000 $349,615 $6,718 6.92%
COLORADO SPRINGS, CO (FHA|USDA|VA) 43 $17,645,000 $410,349 $6,556 6.31%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 32 $17,380,000 $543,125 $6,035 7.04%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 45 $16,235,000 $360,778 $9,242 6.95%
GREELEY, CO (FHA|USDA|VA) 27 $11,735,000 $434,630 $6,709 6.43%
Nogales, AZ (FHA|USDA|VA) 45 $11,105,000 $246,778 $4,395 6.87%
Outside of Metro Areas 32 $9,570,000 $299,063 $6,446 7.00%
FLAGSTAFF, AZ (FHA|USDA|VA) 23 $9,295,000 $404,130 $7,830 6.58%
Safford, AZ (FHA|USDA|VA) 40 $9,270,000 $231,750 $5,610 6.59%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 19 $7,745,000 $407,632 $10,633 6.48%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 16 $6,050,000 $378,125 $13,012 5.76%
Show Low, AZ (FHA|USDA|VA) 20 $5,750,000 $287,500 $5,818 7.01%
BOULDER, CO (FHA|USDA|VA) 12 $5,740,000 $478,333 $4,609 6.31%
Payson, AZ (FHA|USDA|VA) 14 $5,020,000 $358,571 $6,724 6.86%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 22 $4,970,000 $225,909 $5,507 6.98%
LAS CRUCES, NM (FHA|USDA|VA) 19 $4,585,000 $241,316 $6,059 6.60%
FORT COLLINS, CO (FHA|USDA|VA) 11 $4,475,000 $406,818 $3,380 6.63%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 8 $4,470,000 $558,750 $10,851 6.01%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 9 $4,155,000 $461,667 $9,258 7.14%
Shelton, WA (FHA|USDA|VA) 11 $3,395,000 $308,636 $11,536 6.09%
BOISE CITY, ID (FHA|USDA|VA) 6 $3,140,000 $523,333 $3,925 6.58%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 8 $3,060,000 $382,500 $9,599 6.78%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 9 $2,905,000 $322,778 $7,442 7.05%
Centralia, WA (FHA|USDA|VA) 9 $2,875,000 $319,444 $11,373 5.18%
OCALA, FL (FHA|USDA|VA) 12 $2,770,000 $230,833 $6,335 7.17%
STOCKTON, CA (FHA|USDA|VA) 6 $2,740,000 $456,667 $12,082 5.71%
Roseburg, OR (FHA|USDA|VA) 11 $2,695,000 $245,000 $8,967 7.41%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 4 $1,930,000 $482,500 $7,790 7.18%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $1,855,000 $618,333 $12,992 7.58%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $1,815,000 $605,000 $11,629 6.87%
PUEBLO, CO (FHA|USDA|VA) 8 $1,690,000 $211,250 $3,430 5.86%
ALBANY-LEBANON, OR (FHA|USDA|VA) 6 $1,680,000 $280,000 $10,389 7.14%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $1,555,000 $518,333 $9,346 6.67%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $1,495,000 $498,333 $5,877 6.33%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $1,475,000 $295,000 $7,335 6.95%
Pahrump, NV (FHA|USDA|VA) 4 $1,420,000 $355,000 $10,126 6.34%
LONGVIEW, WA (FHA|USDA|VA) 3 $1,395,000 $465,000 $14,786 6.29%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $1,370,000 $342,500 $8,600 6.53%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $1,330,000 $332,500 $14,077 6.78%
BILLINGS, MT (FHA|USDA|VA) 2 $1,250,000 $625,000 $8,320 6.88%
EL CENTRO, CA (FHA|USDA|VA) 4 $1,160,000 $290,000 $8,761 6.91%
EL PASO, TX (FHA|USDA|VA) 4 $1,050,000 $262,500 $6,989 7.06%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $1,030,000 $515,000 $6,643 7.44%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $970,000 $485,000 $7,100 6.63%
Aberdeen, WA (FHA|USDA|VA) 3 $885,000 $295,000 $9,951 6.38%
SALEM, OR (FHA|USDA|VA) 4 $860,000 $215,000 $6,651 7.56%
Helena, MT (FHA|USDA|VA) 2 $820,000 $410,000 $4,841 6.94%
PANAMA CITY, FL (FHA|USDA|VA) 2 $810,000 $405,000 $20,038 6.75%
WENATCHEE, WA (FHA|USDA|VA) 2 $790,000 $395,000 $10,075 7.38%
YAKIMA, WA (FHA|USDA|VA) 2 $790,000 $395,000 $7,588 7.18%
MEDFORD, OR (FHA|USDA|VA) 3 $785,000 $261,667 $7,513 6.67%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $770,000 $385,000 $5,205 7.06%
Fernley, NV (FHA|USDA|VA) 2 $760,000 $380,000 $5,470 6.93%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $740,000 $370,000 $8,397 7.56%
Deming, NM (FHA|USDA|VA) 5 $715,000 $143,000 $4,644 6.79%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $690,000 $345,000 $6,178 7.12%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $685,000 $685,000 $5,996 7.13%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $655,000 $655,000 $1,965 6.25%
RENO, NV (FHA|USDA|VA) 3 $605,000 $201,667 $3,742 6.88%
ST. GEORGE, UT (FHA|USDA|VA) 1 $585,000 $585,000 $650 6.13%
SAN ANGELO, TX (FHA|USDA|VA) 2 $540,000 $270,000 $10,608 7.13%
Sonora, CA (FHA|USDA|VA) 1 $525,000 $525,000 $386 6.75%
MADERA, CA (FHA|USDA|VA) 1 $525,000 $525,000 $7,049 7.13%
YUBA CITY, CA (FHA|USDA|VA) 3 $525,000 $175,000 $5,532 8.50%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $505,000 $505,000 $5,583 6.49%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $500,000 $250,000 $8,568 6.88%
BELLINGHAM, WA (FHA|USDA|VA) 2 $500,000 $250,000 $8,881 3.75%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $480,000 $240,000 $3,746 6.31%
MERCED, CA (FHA|USDA|VA) 1 $475,000 $475,000 $3,606 5.63%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $455,000 $455,000 $12,800 5.99%
Silver City, NM (FHA|USDA|VA) 2 $450,000 $225,000 $3,840 7.19%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $445,000 $445,000 $7,037 6.99%
Craig, CO (FHA|USDA|VA) 2 $440,000 $220,000 $6,158 6.75%
Breckenridge, CO (FHA|USDA|VA) 1 $435,000 $435,000 $2,612 7.63%
Susanville, CA (FHA|USDA|VA) 1 $405,000 $405,000 $7,389 6.25%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $390,000 $195,000 $8,910 7.44%
Edwards, CO (FHA|USDA|VA) 1 $385,000 $385,000 $7,549 7.13%
LINCOLN, NE (FHA|USDA|VA) 1 $385,000 $385,000 $12,354 6.88%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $355,000 $355,000 $2,836 6.75%
Del Rio, TX (FHA|USDA|VA) 1 $355,000 $355,000 $12,506 6.99%
KNOXVILLE, TN (FHA|USDA|VA) 1 $345,000 $345,000 $3,819 7.50%
Butte-Silver Bow, MT (FHA|USDA|VA) 1 $345,000 $345,000 $2,267 7.99%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $335,000 $335,000 $4,526 6.25%
GRANTS PASS, OR (FHA|USDA|VA) 1 $335,000 $335,000 $8,573 7.13%
CHEYENNE, WY (FHA|USDA|VA) 1 $335,000 $335,000 $4,695 7.63%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $325,000 $325,000 $4,282 6.13%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $275,000 $275,000 $6,897 5.75%
ODESSA, TX (FHA|USDA|VA) 1 $275,000 $275,000 $9,328 5.99%
Roswell, NM (FHA|USDA|VA) 1 $275,000 $275,000 $7,016 7.13%
WACO, TX (FHA|USDA|VA) 1 $275,000 $275,000 $4,911 6.75%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $245,000 $245,000 $5,940 6.00%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $240,000 $120,000 $4,874 8.06%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $235,000 $235,000 $5,045 6.63%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $215,000 $215,000 $650 6.50%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $205,000 $205,000 $5,143 7.49%
Newport, TN (FHA|USDA|VA) 1 $195,000 $195,000 $4,278 7.38%
Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $185,000 $185,000 $7,990 6.38%
Alamogordo, NM (FHA|USDA|VA) 1 $155,000 $155,000 $4,876 6.63%
Coos Bay, OR (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.75%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $105,000 $105,000 $778 6.25%
FRESNO, CA (FHA|USDA|VA) 1 $85,000 $85,000 $5,774 6.75%
LUBBOCK, TX (FHA|USDA|VA) 1 $75,000 $75,000 $3,255 7.99%
MONTGOMERY, AL (FHA|USDA|VA) 1 $55,000 $55,000 $1,963 6.88%
Nova Financial & Investment Corporation's top markets include Phoenix, Tucson, Denver, Yuma, and Seattle among others.

Their top states include:
  • Arizona (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • California (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,838 $881,500,000 $310,606 $4,240 6.63%
    FHA 1,375 $447,195,000 $325,233 $9,413 6.46%
    VA 467 $186,285,000 $398,897 $8,028 6.30%
    Reverse Mortgage 35 $7,655,000 $218,714 $0 6.88%
    USDA 33 $8,255,000 $250,152 $5,322 6.09%

    For 2024, Nova Financial & Investment Corporation's most frequently originated type of loan was Conventional, with 2,838 originations. Their 2nd most popular type was FHA, with 1,375 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,779 $1,283,535,000 $339,649 $6,285 6.39%
    Cash Out Refi 623 $135,965,000 $218,242 $5,683 7.32%
    Refi 340 $110,470,000 $324,912 $5,630 6.86%
    Other 6 $920,000 $153,333 $0 7.59%

    For 2024, Nova Financial & Investment Corporation's most frequently cited loan purpose was Home Purchase, with 3,779 originations. The 2nd most popular reason was Cash Out Refi, with 623 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,371 $1,490,605,000 $341,022 $6,555 6.60%
    Other 128 $9,570,000 $74,766 $176 2.04%
    10 Year 114 $2,140,000 $18,772 $189 8.65%
    20 Year 68 $9,720,000 $142,941 $2,184 8.20%
    15 Year 64 $16,530,000 $258,281 $4,381 6.32%
    3 Year 2 $20,000 $10,000 $0 0.00%
    30+ year 1 $2,305,000 $2,305,000 $8,176 9.25%

    For 2024, Nova Financial & Investment Corporation's most frequently cited loan duration was 30 Year, with 4,371 originations. The 2nd most popular length was Other, with 128 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,329 $667,035,000 $286,404
    $1k-2k 890 $308,520,000 $346,652
    $5k+ 620 $271,390,000 $437,726
    $2k-3k 378 $112,380,000 $297,302
    $3k-4k 254 $80,390,000 $316,496
    $4k-5k 241 $83,265,000 $345,498

    Nova Financial & Investment Corporation's average total fees were $6,555, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,329 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 2,463 $879,335,000 $357,018
    7-8% 969 $345,955,000 $357,023
    5-6% 762 $256,870,000 $337,100
    Over 8% 341 $36,945,000 $108,343
    <2.5% 193 $3,205,000 $16,606
    4-5% 20 $8,580,000 $429,000

    During 2024, Nova Financial & Investment Corporation's average interest rate for loans was 6.60%, while their most frequently originated rate bucket for loans was 6-7%, with 2,463 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,263 $678,575,000 $299,856 $6,608 6.65%
    $400k-600k 975 $466,265,000 $478,221 $8,463 6.62%
    $100k-200k 655 $100,225,000 $153,015 $3,952 6.85%
    $100,000 or less 518 $18,930,000 $36,544 $962 5.44%
    $600k-1MM 301 $218,065,000 $724,468 $7,840 6.71%
    $1MM+ 36 $48,830,000 $1,356,389 $7,388 6.74%

    2024 saw Nova Financial & Investment Corporation place emphasis on $200k-400k loans with 2,263 originations, totaling $678,575,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,207 $410,905,000 $340,435 $6,881 6.59%
    $75k-100k 1,027 $275,355,000 $268,116 $6,076 6.25%
    $50k-75k 934 $208,030,000 $222,730 $5,531 6.38%
    $150k-250k 755 $314,915,000 $417,106 $6,538 6.91%
    $50k or less 426 $88,800,000 $208,451 $4,621 6.44%
    $250k+ 399 $232,885,000 $583,672 $6,658 6.98%

    Nova Financial & Investment Corporation lent most frequently to those with incomes in the $100k-150k range, with 1,207 originations. The second most popular income band? $75k-100k, with 1,027 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 681 $219,615,000 $322,489 $8,756 6.31%
    30-36% 531 $185,235,000 $348,842 $5,570 6.77%
    20-30% 449 $141,795,000 $315,802 $4,718 6.89%
    49% 349 $118,025,000 $338,181 $6,421 6.43%
    <20% 268 $90,210,000 $336,604 $5,186 6.55%
    44% 257 $73,295,000 $285,195 $6,192 6.78%
    43% 228 $73,140,000 $320,789 $5,818 6.52%
    48% 219 $71,985,000 $328,699 $6,242 6.32%
    41% 206 $61,450,000 $298,301 $5,449 6.36%
    47% 202 $58,710,000 $290,644 $5,718 6.02%
    46% 192 $63,310,000 $329,740 $6,157 6.30%
    42% 190 $60,400,000 $317,895 $5,540 6.72%
    45% 186 $62,180,000 $334,301 $6,265 6.23%
    40% 180 $53,050,000 $294,722 $5,217 6.61%
    39% 151 $45,345,000 $300,298 $5,832 6.66%
    36% 147 $51,895,000 $353,027 $5,331 6.90%
    37% 137 $43,555,000 $317,920 $5,567 6.88%
    38% 136 $42,960,000 $315,882 $6,507 6.66%
    >60% 38 $14,350,000 $377,632 $11,672 6.41%

    Nova Financial & Investment Corporation lent most frequently to those with DTI ratios of 50-60%, with 681 originations. The next most common DTI ratio? 30-36%, with 531 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,623 $1,157,545,000 $319,499 $5,953 6.57%
    Not provided 777 $250,285,000 $322,117 $6,602 6.50%
    Asian 144 $54,710,000 $379,931 $7,080 6.72%
    Black 134 $45,490,000 $339,478 $8,226 6.08%
    American Indian 46 $12,840,000 $279,130 $6,851 6.16%
    Asian Indian 6 $3,430,000 $571,667 $5,441 7.23%
    Native Hawaiian or Islander 7 $2,435,000 $347,857 $8,740 6.91%
    Other Asian 6 $2,130,000 $355,000 $5,705 6.43%
    Chinese 2 $880,000 $440,000 $2,931 8.31%
    Korean 1 $405,000 $405,000 $2,695 7.38%
    Japanese 1 $385,000 $385,000 $15,950 7.13%
    Native Hawaiian 1 $355,000 $355,000 $967 6.13%

    Approval Rates

    Total approvals of all applications
    94.75%

    Nova Financial & Investment Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    73.17%

    Nova Financial & Investment Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    1015.0 1 $55,000 $55,000
    1045.0 3 $345,000 $115,000
    1075.0 1 $75,000 $75,000
    1098.33 1 $205,000 $205,000
    1145.0 8 $810,000 $101,250
    1150.0 2 $120,000 $60,000
    1175.0 8 $680,000 $85,000
    1195.0 2 $110,000 $55,000
    1205.0 1 $105,000 $105,000
    1220.0 1 $45,000 $45,000
    1245.0 1 $405,000 $405,000
    1250.0 1 $105,000 $105,000
    1265.0 1 $245,000 $245,000
    1285.0 1 $35,000 $35,000
    1295.0 1 $205,000 $205,000
    1300.0 1 $75,000 $75,000
    1345.0 3 $305,000 $101,667
    1395.0 1 $55,000 $55,000
    1400.0 1 $95,000 $95,000
    1401.65 1 $105,000 $105,000
    1430.0 2 $130,000 $65,000
    1470.0 1 $485,000 $485,000
    1500.0 2 $370,000 $185,000
    1520.0 1 $505,000 $505,000
    1625.0 1 $225,000 $225,000
    1900.0 1 $45,000 $45,000
    1945.0 1 $195,000 $195,000
    1995.0 1 $265,000 $265,000
    2050.0 1 $55,000 $55,000
    495.0 2 $560,000 $280,000
    795.0 15 $1,435,000 $95,667
    825.0 26 $2,180,000 $83,846
    855.0 2 $110,000 $55,000
    885.0 2 $180,000 $90,000
    NA 4,650 $1,519,970,000 $326,875

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    4,748 $1,530,890,000 $322,428

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 274 $45,100,000 $164,599 $3,628 7.31%
    40-60% 437 $122,045,000 $279,279 $4,899 6.68%
    60-80% 1,037 $389,725,000 $375,820 $5,889 6.84%
    80-100% 2,470 $928,730,000 $376,004 $7,417 6.57%
    Over 100% 60 $26,390,000 $439,833 $16,038 6.29%
    Under 20% 470 $18,900,000 $40,213 $637 5.25%