Nations Direct Mortgage Rates, Fees & Info
Sacramento, CALEI: 549300QKL5FUBZ8LSF50
Tax ID: 20-8544905
2.1 stars
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Nations Direct Mortgage is a mid-sized mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Nations Direct Mortgage 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 include Los Angeles, Portland, Riverside, Sacramento, and Salem among others. Nations Direct Mortgage has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Nations Direct Mortgage is typically a high fee lendor.Originations
9,522Origination Dollar Volume (All Markets)
$3,395,300,000Awards
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NATIONS DIRECT MORTGAGE - 2021
NATIONS DIRECT MORTGAGE is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
Nations Direct Mortgage 's average 30 year fixed rate mortgage of loans were
3.11%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.04%.
Relative Fees
Nations Direct Mortgage 's average total fees for a 30 year fixed rate
mortgage are $7,731.
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) | 1,734 | $865,240,000 | $498,985 | $7,805 | 3.10% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1,498 | $555,890,000 | $371,088 | $6,906 | 2.74% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 885 | $311,015,000 | $351,429 | $7,909 | 3.04% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 323 | $121,475,000 | $376,084 | $6,398 | 2.96% |
| SALEM, OR (FHA|USDA|VA) | 337 | $107,075,000 | $317,730 | $6,599 | 2.87% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 287 | $84,425,000 | $294,164 | $7,098 | 3.13% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 165 | $81,375,000 | $493,182 | $9,394 | 3.15% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 134 | $66,290,000 | $494,701 | $8,201 | 3.08% |
| BEND, OR (FHA|USDA|VA) | 144 | $56,500,000 | $392,361 | $6,924 | 2.97% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 109 | $55,635,000 | $510,413 | $7,576 | 2.96% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 248 | $55,020,000 | $221,855 | $5,635 | 3.27% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 108 | $46,800,000 | $433,333 | $11,504 | 3.32% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 148 | $45,010,000 | $304,122 | $6,782 | 3.25% |
| Outside of Metro Areas | 161 | $37,725,000 | $234,317 | $5,857 | 3.10% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 102 | $32,540,000 | $319,020 | $9,802 | 3.55% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 76 | $30,700,000 | $403,947 | $8,247 | 2.91% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 112 | $30,170,000 | $269,375 | $8,124 | 3.38% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 44 | $27,890,000 | $633,864 | $12,260 | 3.04% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 105 | $27,625,000 | $263,095 | $7,324 | 3.10% |
| STOCKTON, CA (FHA|USDA|VA) | 68 | $27,310,000 | $401,618 | $8,830 | 3.07% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 92 | $26,820,000 | $291,522 | $8,392 | 3.17% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 71 | $23,295,000 | $328,099 | $7,352 | 2.89% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 59 | $22,995,000 | $389,746 | $7,639 | 3.16% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 73 | $20,455,000 | $280,205 | $9,953 | 3.44% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 77 | $19,585,000 | $254,351 | $7,749 | 3.36% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 77 | $18,775,000 | $243,831 | $7,240 | 3.16% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 61 | $17,745,000 | $290,902 | $6,813 | 2.81% |
| VALLEJO, CA (FHA|USDA|VA) | 44 | $17,680,000 | $401,818 | $7,404 | 3.02% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 50 | $14,880,000 | $297,600 | $7,111 | 3.53% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 68 | $12,830,000 | $188,676 | $7,555 | 3.08% |
| COLUMBUS, OH (FHA|USDA|VA) | 59 | $12,615,000 | $213,814 | $7,062 | 3.38% |
| Mount Airy, NC (FHA|USDA|VA) | 65 | $12,065,000 | $185,615 | $4,820 | 2.75% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 41 | $11,325,000 | $276,220 | $6,913 | 3.41% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 39 | $11,225,000 | $287,821 | $9,737 | 3.32% |
| MODESTO, CA (FHA|USDA|VA) | 32 | $11,130,000 | $347,813 | $7,699 | 3.08% |
| LAREDO, TX (FHA|USDA|VA) | 52 | $10,890,000 | $209,423 | $7,597 | 3.05% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 44 | $10,870,000 | $247,045 | $8,145 | 3.53% |
| LONGVIEW, WA (FHA|USDA|VA) | 29 | $10,775,000 | $371,552 | $5,236 | 2.76% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 56 | $10,230,000 | $182,679 | $6,903 | 3.10% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 24 | $9,740,000 | $405,833 | $7,210 | 2.77% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 43 | $9,535,000 | $221,744 | $7,556 | 3.32% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 41 | $9,445,000 | $230,366 | $8,191 | 3.41% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 23 | $9,405,000 | $408,913 | $12,679 | 3.23% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 34 | $8,900,000 | $261,765 | $7,927 | 3.38% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 19 | $8,505,000 | $447,632 | $10,421 | 3.82% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 17 | $8,395,000 | $493,824 | $9,978 | 3.27% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 32 | $8,040,000 | $251,250 | $7,805 | 3.02% |
| Astoria, OR (FHA|USDA|VA) | 25 | $7,985,000 | $319,400 | $6,627 | 2.76% |
| FRESNO, CA (FHA|USDA|VA) | 30 | $7,620,000 | $254,000 | $7,255 | 3.39% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 16 | $7,390,000 | $461,875 | $9,553 | 3.16% |
| COLUMBIA, SC (FHA|USDA|VA) | 29 | $7,365,000 | $253,966 | $5,700 | 3.37% |
| VISALIA, CA (FHA|USDA|VA) | 22 | $6,590,000 | $299,545 | $7,474 | 3.01% |
| Newport, OR (FHA|USDA|VA) | 21 | $6,165,000 | $293,571 | $8,057 | 2.99% |
| MEDFORD, OR (FHA|USDA|VA) | 21 | $5,905,000 | $281,190 | $6,334 | 2.76% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 19 | $5,845,000 | $307,632 | $7,699 | 2.87% |
| KNOXVILLE, TN (FHA|USDA|VA) | 31 | $5,665,000 | $182,742 | $6,951 | 2.87% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 15 | $5,655,000 | $377,000 | $10,188 | 3.18% |
| RENO, NV (FHA|USDA|VA) | 9 | $5,625,000 | $625,000 | $11,005 | 3.60% |
| PEORIA, IL (FHA|USDA|VA) | 46 | $5,340,000 | $116,087 | $5,885 | 2.62% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 16 | $5,210,000 | $325,625 | $4,088 | 2.85% |
| RICHMOND, VA (FHA|USDA|VA) | 21 | $5,055,000 | $240,714 | $8,612 | 3.63% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 16 | $4,950,000 | $309,375 | $8,962 | 3.48% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 18 | $4,940,000 | $274,444 | $10,948 | 3.37% |
| SPARTANBURG, SC (FHA|USDA|VA) | 26 | $4,900,000 | $188,462 | $6,697 | 3.23% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 16 | $4,750,000 | $296,875 | $8,779 | 3.21% |
| Roseburg, OR (FHA|USDA|VA) | 15 | $4,675,000 | $311,667 | $5,318 | 2.97% |
| CORVALLIS, OR (FHA|USDA|VA) | 12 | $4,370,000 | $364,167 | $6,683 | 3.12% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 15 | $4,155,000 | $277,000 | $7,942 | 3.39% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 6 | $4,090,000 | $681,667 | $13,344 | 3.81% |
| SALINAS, CA (FHA|USDA|VA) | 10 | $4,060,000 | $406,000 | $8,678 | 2.96% |
| BOULDER, CO (FHA|USDA|VA) | 5 | $3,985,000 | $797,000 | $8,650 | 3.85% |
| MERCED, CA (FHA|USDA|VA) | 12 | $3,870,000 | $322,500 | $9,279 | 2.96% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 18 | $3,790,000 | $210,556 | $4,359 | 3.02% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 11 | $3,745,000 | $340,455 | $6,117 | 3.43% |
| OCALA, FL (FHA|USDA|VA) | 20 | $3,660,000 | $183,000 | $7,160 | 3.45% |
| Prineville, OR (FHA|USDA|VA) | 10 | $3,560,000 | $356,000 | $6,707 | 2.89% |
| MIDLAND, TX (FHA|USDA|VA) | 14 | $3,560,000 | $254,286 | $9,728 | 3.37% |
| PITTSBURGH, PA (FHA|USDA|VA) | 17 | $3,485,000 | $205,000 | $8,463 | 3.14% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 11 | $3,485,000 | $316,818 | $8,195 | 2.95% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 8 | $3,190,000 | $398,750 | $18,223 | 4.26% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 16 | $3,090,000 | $193,125 | $6,765 | 2.95% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 13 | $2,965,000 | $228,077 | $6,306 | 3.23% |
| GRANTS PASS, OR (FHA|USDA|VA) | 10 | $2,940,000 | $294,000 | $7,341 | 3.13% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 7 | $2,935,000 | $419,286 | $10,124 | 2.80% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 12 | $2,780,000 | $231,667 | $9,642 | 3.28% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 12 | $2,760,000 | $230,000 | $5,997 | 3.07% |
| Show Low, AZ (FHA|USDA|VA) | 12 | $2,600,000 | $216,667 | $5,636 | 2.86% |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) | 10 | $2,580,000 | $258,000 | $6,797 | 3.90% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 3 | $2,575,000 | $858,333 | $7,030 | 4.16% |
| Coos Bay, OR (FHA|USDA|VA) | 10 | $2,570,000 | $257,000 | $4,468 | 2.84% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 10 | $2,540,000 | $254,000 | $8,056 | 3.26% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 11 | $2,525,000 | $229,545 | $11,094 | 3.98% |
| Centralia, WA (FHA|USDA|VA) | 8 | $2,480,000 | $310,000 | $7,650 | 2.73% |
| GREELEY, CO (FHA|USDA|VA) | 9 | $2,435,000 | $270,556 | $9,803 | 3.75% |
| NAPA, CA (FHA|USDA|VA) | 6 | $2,430,000 | $405,000 | $8,586 | 2.83% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 11 | $2,415,000 | $219,545 | $9,012 | 3.14% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 6 | $2,310,000 | $385,000 | $13,418 | 3.10% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 13 | $2,295,000 | $176,538 | $4,305 | 3.13% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 8 | $2,100,000 | $262,500 | $7,489 | 3.45% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 8 | $2,080,000 | $260,000 | $6,277 | 2.92% |
| Georgetown, SC (FHA|USDA|VA) | 2 | $2,040,000 | $1,020,000 | $2,664 | 3.37% |
| ODESSA, TX (FHA|USDA|VA) | 10 | $2,030,000 | $203,000 | $8,625 | 2.85% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 7 | $2,025,000 | $289,286 | $10,161 | 3.50% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 7 | $2,005,000 | $286,429 | $6,594 | 3.84% |
| TULSA, OK (FHA|USDA|VA) | 9 | $1,965,000 | $218,333 | $9,390 | 3.76% |
| PROVO-OREM, UT (FHA|USDA|VA) | 7 | $1,965,000 | $280,714 | $9,651 | 3.70% |
| MADERA, CA (FHA|USDA|VA) | 6 | $1,950,000 | $325,000 | $8,440 | 3.27% |
| TUCSON, AZ (FHA|USDA|VA) | 5 | $1,925,000 | $385,000 | $7,190 | 3.30% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 7 | $1,915,000 | $273,571 | $6,246 | 2.95% |
| BELLINGHAM, WA (FHA|USDA|VA) | 5 | $1,905,000 | $381,000 | $3,841 | 2.60% |
| REDDING, CA (FHA|USDA|VA) | 9 | $1,895,000 | $210,556 | $2,902 | 3.00% |
| Vineyard Haven, MA (FHA|USDA|VA) | 2 | $1,860,000 | $930,000 | $0 | 5.63% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 5 | $1,795,000 | $359,000 | $5,284 | 2.58% |
| Shelton, WA (FHA|USDA|VA) | 6 | $1,690,000 | $281,667 | $5,456 | 3.02% |
| Sonora, CA (FHA|USDA|VA) | 6 | $1,660,000 | $276,667 | $6,270 | 3.33% |
| Klamath Falls, OR (FHA|USDA|VA) | 8 | $1,640,000 | $205,000 | $7,859 | 3.45% |
| GAINESVILLE, GA (FHA|USDA|VA) | 4 | $1,610,000 | $402,500 | $6,776 | 2.94% |
| AKRON, OH (FHA|USDA|VA) | 9 | $1,605,000 | $178,333 | $7,147 | 3.05% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 6 | $1,560,000 | $260,000 | $9,552 | 3.50% |
| MOBILE, AL (FHA|USDA|VA) | 8 | $1,550,000 | $193,750 | $6,293 | 3.38% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 6 | $1,510,000 | $251,667 | $8,417 | 3.88% |
| MORRISTOWN, TN (FHA|USDA|VA) | 7 | $1,455,000 | $207,857 | $7,993 | 2.45% |
| YUBA CITY, CA (FHA|USDA|VA) | 5 | $1,445,000 | $289,000 | $6,376 | 3.48% |
| Glenwood Springs, CO (FHA|USDA|VA) | 2 | $1,400,000 | $700,000 | $2,020 | 3.63% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 5 | $1,345,000 | $269,000 | $7,630 | 3.50% |
| YUMA, AZ (FHA|USDA|VA) | 7 | $1,335,000 | $190,714 | $7,759 | 2.98% |
| Hood River, OR (FHA|USDA|VA) | 4 | $1,320,000 | $330,000 | $3,271 | 2.66% |
| FLINT, MI (FHA|USDA|VA) | 8 | $1,320,000 | $165,000 | $6,856 | 2.97% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 6 | $1,320,000 | $220,000 | $8,327 | 2.88% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 7 | $1,305,000 | $186,429 | $6,298 | 3.36% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 9 | $1,285,000 | $142,778 | $4,407 | 3.07% |
| The Dalles, OR (FHA|USDA|VA) | 4 | $1,280,000 | $320,000 | $6,574 | 2.72% |
| Aberdeen, WA (FHA|USDA|VA) | 4 | $1,280,000 | $320,000 | $8,609 | 2.78% |
| TOLEDO, OH (FHA|USDA|VA) | 8 | $1,260,000 | $157,500 | $5,390 | 3.14% |
| BATON ROUGE, LA (FHA|USDA|VA) | 7 | $1,255,000 | $179,286 | $6,478 | 3.18% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 6 | $1,220,000 | $203,333 | $4,304 | 2.90% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 6 | $1,210,000 | $201,667 | $6,820 | 3.33% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 7 | $1,205,000 | $172,143 | $4,244 | 3.39% |
| Brookings, OR (FHA|USDA|VA) | 4 | $1,200,000 | $300,000 | $4,268 | 2.59% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 5 | $1,185,000 | $237,000 | $5,178 | 2.80% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 6 | $1,140,000 | $190,000 | $9,068 | 3.20% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 7 | $1,135,000 | $162,143 | $4,241 | 3.30% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 6 | $1,120,000 | $186,667 | $8,237 | 3.46% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 4 | $1,100,000 | $275,000 | $6,856 | 3.69% |
| Jefferson, GA (FHA|USDA|VA) | 4 | $1,070,000 | $267,500 | $7,473 | 3.03% |
| CHICO, CA (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $3,333 | 3.00% |
| EL PASO, TX (FHA|USDA|VA) | 6 | $990,000 | $165,000 | $7,464 | 3.12% |
| Hailey, ID (FHA|USDA|VA) | 1 | $985,000 | $985,000 | $21,421 | 4.25% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 5 | $975,000 | $195,000 | $5,190 | 3.33% |
| SAVANNAH, GA (FHA|USDA|VA) | 4 | $970,000 | $242,500 | $7,639 | 2.78% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 4 | $970,000 | $242,500 | $7,619 | 3.34% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 5 | $965,000 | $193,000 | $5,790 | 3.02% |
| WACO, TX (FHA|USDA|VA) | 4 | $960,000 | $240,000 | $3,018 | 3.41% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 4 | $960,000 | $240,000 | $9,078 | 2.94% |
| Sevierville, TN (FHA|USDA|VA) | 5 | $955,000 | $191,000 | $8,588 | 3.03% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $8,219 | 3.54% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $3,025 | 4.03% |
| Ardmore, OK (FHA|USDA|VA) | 6 | $940,000 | $156,667 | $6,524 | 3.23% |
| Red Bluff, CA (FHA|USDA|VA) | 4 | $910,000 | $227,500 | $2,668 | 2.65% |
| Moses Lake, WA (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $8,665 | 2.87% |
| PANAMA CITY, FL (FHA|USDA|VA) | 5 | $905,000 | $181,000 | $5,029 | 3.25% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 4 | $890,000 | $222,500 | $6,452 | 3.31% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 6 | $880,000 | $146,667 | $6,357 | 3.60% |
| Minden, LA (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $6,610 | 2.97% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $7,343 | 4.12% |
| CARSON CITY, NV (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $4,794 | 3.08% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 4 | $850,000 | $212,500 | $4,753 | 3.34% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $5,216 | 3.78% |
| Adrian, MI (FHA|USDA|VA) | 4 | $820,000 | $205,000 | $8,848 | 3.31% |
| ANN ARBOR, MI (FHA|USDA|VA) | 4 | $820,000 | $205,000 | $7,256 | 3.28% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $9,520 | 3.06% |
| Fremont, OH (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $4,538 | 2.67% |
| Susanville, CA (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $5,544 | 3.12% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $8,845 | 3.67% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $12,855 | 4.06% |
| Edwards, CO (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $5,111 | 3.12% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $4,647 | 3.41% |
| WENATCHEE, WA (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $6,020 | 2.93% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $3,829 | 3.31% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $7,117 | 3.25% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $7,591 | 3.79% |
| Granbury, TX (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $7,775 | 3.21% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $6,498 | 3.33% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $4,285 | 3.50% |
| Cañon City, CO (FHA|USDA|VA) | 4 | $650,000 | $162,500 | $5,776 | 2.81% |
| LYNCHBURG, VA (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $4,441 | 2.83% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $9,079 | 3.17% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $5,827 | 3.63% |
| Galesburg, IL (FHA|USDA|VA) | 5 | $605,000 | $121,000 | $6,354 | 2.78% |
| Crescent City, CA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $16,433 | 2.50% |
| Mount Vernon, OH (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $5,471 | 2.66% |
| MADISON, WI (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $5,868 | 3.25% |
| Oak Harbor, WA (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $9,880 | 3.13% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $7,587 | 2.75% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $2,368 | 3.25% |
| Payson, AZ (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $8,223 | 2.87% |
| Durango, CO (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $7,677 | 2.50% |
| MUSKEGON, MI (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $3,008 | 2.69% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $9,388 | 2.50% |
| THE VILLAGES, FL (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $6,312 | 3.69% |
| JACKSON, MI (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $4,332 | 3.43% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $8,532 | 4.20% |
| MONROE, MI (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $5,523 | 3.00% |
| HAMMOND, LA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $9,362 | 4.88% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $4,630 | 3.59% |
| Clearlake, CA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $3,960 | 2.81% |
| Newberry, SC (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $6,545 | 3.62% |
| DECATUR, AL (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $7,299 | 2.91% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $3,985 | 2.25% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $7,596 | 3.50% |
| WALLA WALLA, WA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $4,153 | 3.00% |
| ROCKFORD, IL (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $6,094 | 3.87% |
| Ontario, OR-ID (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $5,948 | 2.63% |
| Cambridge, MD (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $5,355 | 3.38% |
| Port Angeles, WA (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $8,951 | 2.93% |
| ABILENE, TX (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $5,333 | 3.44% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $5,679 | 3.50% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $5,840 | 2.99% |
| EL CENTRO, CA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $8,143 | 3.38% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $4,545 | 4.00% |
| Atmore, AL (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $8,928 | 2.88% |
| Martinsville, VA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $6,589 | 3.75% |
| Defiance, OH (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $7,413 | 3.50% |
| TYLER, TX (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $7,448 | 3.25% |
| YAKIMA, WA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $5,075 | 2.50% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $5,894 | 3.75% |
| READING, PA (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $5,207 | 2.88% |
| Kendallville, IN (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $7,990 | 3.38% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $10,048 | 3.00% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $7,739 | 3.31% |
| Salem, OH (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $2,806 | 2.75% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $6,822 | 2.38% |
| Key West, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $1,859 | 3.13% |
| LONGVIEW, TX (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $6,150 | 3.06% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $7,128 | 3.75% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $18,158 | 3.25% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $19,304 | 3.75% |
| Austin, MN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $5,798 | 3.63% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $10,244 | 3.75% |
| Torrington, CT (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $17,971 | 3.75% |
| Palatka, FL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $6,056 | 3.31% |
| MONROE, LA (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $7,784 | 3.94% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,759 | 2.63% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $12,375 | 2.63% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 5.63% |
| Findlay, OH (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,220 | 3.75% |
| Cambridge, OH (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,473 | 2.88% |
| Danville, KY (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $17,374 | 3.25% |
| Traverse City, MI (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,181 | 3.06% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,314 | 2.50% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $11,267 | 2.25% |
| Sunbury, PA (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $6,829 | 3.25% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $5,111 | 3.13% |
| GAINESVILLE, FL (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $4,678 | 3.00% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 3.75% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,811 | 2.75% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,924 | 3.75% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,388 | 4.38% |
| Newport, TN (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $3,754 | 3.31% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 6.50% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,844 | 3.25% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $14,990 | 3.25% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $12,299 | 3.25% |
| Ashtabula, OH (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $5,460 | 4.00% |
| Marion, OH (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,999 | 3.25% |
| Bonham, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,909 | 2.75% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,626 | 3.25% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,245 | 2.63% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,347 | 2.50% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $12,650 | 3.25% |
| Glasgow, KY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $10,527 | 3.75% |
| Zanesville, OH (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $10,875 | 2.88% |
| Natchitoches, LA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,706 | 2.88% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,944 | 3.88% |
| OWENSBORO, KY (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $6,781 | 3.81% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $13,043 | 2.99% |
| Athens, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,858 | 3.99% |
| Eagle Pass, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,321 | 3.75% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,850 | 3.63% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,498 | 2.50% |
| Cadillac, MI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,959 | 2.25% |
| Lufkin, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,179 | 3.75% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,584 | 3.75% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,372 | 2.75% |
| Safford, AZ (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,103 | 2.88% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $11,068 | 3.25% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $10,377 | 2.25% |
| Wooster, OH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,700 | 2.25% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,945 | 4.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 3.88% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $11,084 | 3.00% |
| Sandusky, OH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,176 | 2.75% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $11,202 | 3.75% |
| Beaver Dam, WI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,353 | 2.99% |
| Lake City, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,436 | 3.99% |
| Richmond-Berea, KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,518 | 3.63% |
| Vidalia, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $9,686 | 2.88% |
| Union, SC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $10,776 | 3.99% |
| Troy, AL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,090 | 3.75% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,418 | 2.63% |
| Athens, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,721 | 2.50% |
| Wapakoneta, OH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,137 | 3.75% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,880 | 2.75% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,066 | 3.25% |
| Woodward, OK (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,234 | 2.25% |
| Sterling, CO (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,340 | 2.75% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,865 | 4.00% |
| Centralia, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,436 | 4.00% |
| Coshocton, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,910 | 2.88% |
| SAGINAW, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,674 | 4.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,647 | 3.75% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,828 | 3.75% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,911 | 3.50% |
| Bellefontaine, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,518 | 2.75% |
| Stephenville, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,045 | 2.50% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,978 | 3.75% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,926 | 2.88% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,797 | 3.25% |
| MIDLAND, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,539 | 3.25% |
| Norwalk, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,390 | 2.50% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,035 | 4.00% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,917 | 3.75% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,537 | 3.75% |
| Del Rio, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,309 | 3.50% |
| Ottawa, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,991 | 3.25% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,981 | 4.00% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,727 | 3.25% |
| Urbana, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,531 | 3.75% |
| Lincoln, IL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,461 | 2.50% |
| Portsmouth, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,939 | 2.50% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,748 | 2.75% |
| MANSFIELD, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,263 | 3.50% |
Nations Direct Mortgage 's top markets include Los Angeles, Portland, Riverside, Sacramento, and Salem among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 5,717 | $2,170,075,000 | $379,583 | $6,047 | 3.16% |
| FHA | 2,183 | $645,435,000 | $295,664 | $10,595 | 3.05% |
| VA | 1,545 | $564,975,000 | $365,680 | $7,731 | 2.73% |
| USDA | 77 | $14,815,000 | $192,403 | $6,697 | 2.97% |
For the 2021 period, Nations Direct Mortgage 's most frequently originated loan type of loans were Conventional, with 5,717 originations. Their 2nd most popular type is FHA, with 2,183 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 4,250 | $1,561,920,000 | $367,511 | $8,674 | 3.22% |
| Refi | 3,054 | $1,026,220,000 | $336,025 | $5,290 | 2.82% |
| Cash Out Refi | 2,218 | $807,160,000 | $363,913 | $8,065 | 3.10% |
For the 2021, Nations Direct Mortgage 's most frequently cited loan purpose of loans were Home Purchase, with 4,250 originations. The 2nd most popular reason of loans were Refi, with 3,054 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 8,621 | $3,144,655,000 | $364,767 | $7,731 | 3.11% |
| 15 Year | 597 | $157,675,000 | $264,112 | $4,409 | 2.43% |
| 20 Year | 183 | $49,725,000 | $271,721 | $4,764 | 2.85% |
| Other | 86 | $27,600,000 | $320,930 | $5,418 | 2.81% |
| 10 Year | 25 | $4,205,000 | $168,200 | $3,124 | 2.51% |
| 30+ year | 10 | $11,440,000 | $1,144,000 | $19,298 | 4.45% |
For the 2021, Nations Direct Mortgage 's most frequently cited loan length of loans were 30 Year, with 8,621 originations. The 2nd most popular length of loans were 15 Year, with 597 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 2,605 | $936,345,000 | $359,441 |
| $<1k | 2,114 | $637,200,000 | $301,419 |
| $5k+ | 1,834 | $818,580,000 | $446,336 |
| $3k-4k | 1,500 | $458,190,000 | $305,460 |
| $2k-3k | 1,052 | $325,940,000 | $309,829 |
$7,731 of loans were Nations Direct Mortgage 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,605 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 3,764 | $1,328,680,000 | $352,997 |
| 3-4% | 3,316 | $1,155,730,000 | $348,531 |
| <2.5% | 1,924 | $642,770,000 | $334,080 |
| 4-5% | 389 | $205,635,000 | $528,625 |
| 5-6% | 95 | $46,505,000 | $489,526 |
| 6-7% | 34 | $15,980,000 | $470,000 |
During 2021, Nations Direct Mortgage 's average interest rate of loans were 3.11%, while their most frequently originated rate bucket of loans were 2.5-3%, with 3,764 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 4,574 | $1,361,770,000 | $297,720 | $6,932 | 3.03% |
| $400k-600k | 2,401 | $1,161,435,000 | $483,730 | $8,496 | 2.99% |
| $100k-200k | 1,648 | $258,440,000 | $156,820 | $5,270 | 3.08% |
| $600k-1MM | 625 | $453,755,000 | $726,008 | $12,414 | 3.33% |
| $100,000 or less | 171 | $13,975,000 | $81,725 | $4,131 | 3.17% |
| $1MM+ | 103 | $145,925,000 | $1,416,748 | $24,609 | 4.07% |
2021 saw Nations Direct Mortgage place emphasis on $200k-400k loans with 4,574 originations, totaling $1,361,770,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 2,122 | $844,020,000 | $397,747 | $7,999 | 3.05% |
| $50k-75k | 2,037 | $555,295,000 | $272,604 | $6,991 | 3.01% |
| $75k-100k | 1,861 | $633,925,000 | $340,637 | $7,612 | 3.01% |
| $50k or less | 1,669 | $434,875,000 | $260,560 | $5,720 | 3.04% |
| $150k-250k | 1,196 | $548,890,000 | $458,938 | $8,064 | 3.10% |
| $250k+ | 631 | $374,995,000 | $594,287 | $9,747 | 3.44% |
Nations Direct Mortgage lent most frequently to those with incomes in the $100k-150k range, with 2,122 originations. The second most popular income band? $50k-75k, with 2,037 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 1,435 | $472,335,000 | $329,153 | $6,205 | 3.01% |
| 30-36% | 1,372 | $470,990,000 | $343,287 | $7,062 | 3.02% |
| 50-60% | 724 | $257,340,000 | $355,442 | $11,653 | 2.98% |
| <20% | 523 | $194,845,000 | $372,553 | $6,653 | 3.27% |
| 44% | 439 | $165,005,000 | $375,866 | $7,353 | 3.09% |
| 49% | 423 | $158,425,000 | $374,527 | $7,922 | 3.06% |
| 42% | 379 | $140,455,000 | $370,594 | $7,583 | 3.11% |
| 41% | 366 | $139,320,000 | $380,656 | $7,682 | 3.13% |
| 43% | 363 | $136,605,000 | $376,322 | $7,735 | 3.10% |
| 40% | 360 | $127,370,000 | $353,806 | $7,581 | 3.12% |
| 48% | 326 | $118,260,000 | $362,761 | $7,451 | 3.03% |
| 45% | 321 | $118,645,000 | $369,611 | $7,357 | 3.01% |
| 46% | 315 | $111,095,000 | $352,683 | $7,639 | 3.05% |
| 39% | 307 | $108,085,000 | $352,068 | $7,184 | 3.06% |
| 38% | 303 | $105,335,000 | $347,640 | $6,888 | 3.13% |
| 47% | 297 | $108,425,000 | $365,067 | $7,987 | 3.12% |
| 37% | 272 | $97,400,000 | $358,088 | $7,615 | 3.10% |
| 36% | 267 | $89,775,000 | $336,236 | $7,276 | 3.13% |
| >60% | 31 | $13,125,000 | $423,387 | $9,738 | 3.08% |
Nations Direct Mortgage lent most frequently to those with DTI ratios of 20-30%, with 1,435 originations. The next most common DTI ratio? 30-36%, with 1,372 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 6,410 | $2,226,460,000 | $347,342 | $7,202 | 3.01% |
| Not provided | 1,711 | $676,305,000 | $395,269 | $7,560 | 3.13% |
| Black | 881 | $275,995,000 | $313,275 | $8,686 | 3.27% |
| Asian | 413 | $173,525,000 | $420,157 | $7,392 | 3.14% |
| American Indian | 56 | $22,070,000 | $394,107 | $8,517 | 3.26% |
| Native Hawaiian | 42 | $17,510,000 | $416,905 | $8,983 | 3.13% |
| Other Asian | 4 | $1,470,000 | $367,500 | $12,260 | 3.75% |
| Asian Indian | 3 | $735,000 | $245,000 | $3,392 | 3.00% |
| Filipino | 1 | $625,000 | $625,000 | $17,686 | 3.63% |
| Korean | 1 | $605,000 | $605,000 | $5,247 | 2.99% |
Approval Rates
Total approvals of all applications93.24%
Nations Direct Mortgage has an average approval rate.
Pick Rate
Approvals leading to origination63.91%
Nations Direct Mortgage 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 | 9,522 | $3,395,300,000 | $356,574 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 9,522 | $3,395,300,000 | $356,574 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 523 | $137,925,000 | $263,719 | $4,885 | 2.80% |
| 40-60% | 1,583 | $533,285,000 | $336,883 | $5,612 | 2.94% |
| 60-80% | 2,976 | $1,168,270,000 | $392,564 | $7,228 | 3.17% |
| 80-100% | 4,149 | $1,441,905,000 | $347,531 | $8,166 | 3.08% |
| Over 100% | 247 | $104,615,000 | $423,543 | $14,250 | 2.84% |
| Under 20% | 41 | $8,465,000 | $206,463 | $4,463 | 2.86% |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Nations Direct Mortgage, LLC | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 4.5% |
| Nations Direct Mortgage, LLC | Conventional home mortgage | Closing on a mortgage | 1 | 4.5% |
| Nations Direct Mortgage, LLC | Conventional home mortgage | Trouble during payment process | 7 | 31.8% |
| Nations Direct Mortgage, LLC | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 4.5% |
| Nations Direct Mortgage, LLC | FHA mortgage | Closing on a mortgage | 1 | 4.5% |
| Nations Direct Mortgage, LLC | FHA mortgage | Incorrect information on your report | 1 | 4.5% |
| Nations Direct Mortgage, LLC | FHA mortgage | Struggling to pay mortgage | 3 | 13.6% |
| Nations Direct Mortgage, LLC | FHA mortgage | Trouble during payment process | 5 | 22.7% |
| Nations Direct Mortgage, LLC | Other type of mortgage | Trouble during payment process | 1 | 4.5% |
| Nations Direct Mortgage, LLC | VA mortgage | Struggling to pay mortgage | 1 | 4.5% |
