Nations Direct Mortgage Rates, Fees & Info

Sacramento, CA

LEI: 549300QKL5FUBZ8LSF50

Tax ID: 20-8544905

2.1 stars - out of 5 stars, based on 98 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & 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 by origination volume include: Los Angeles, Portland, Riverside, Sacramento, and Salem among others. We have data for 332 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Nations Direct Mortgage 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. Nations Direct Mortgage is typically a high 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 7.11% 12/4/22
    30 Year Conventional Refi 6.70% 12/4/22
    30 Year Cash-out Refi 6.93% 12/4/22
    30 Year FHA Purchase 7.89% 12/4/22
    30 Year FHA Refi 7.52% 12/4/22
    30 Year VA Purchase 6.83% 12/4/22
    30 Year VA Refi 6.20% 12/4/22
    30 Year USDA Purchase 7.15% 12/4/22
    30 Year USDA Refi 6.94% 12/4/22
    15 Year Conventional Purchase 6.28% 12/4/22
    15 Year Conventional Refi 5.91% 12/4/22
    15 Year Cash-out Refi 5.91% 12/4/22
    15 Year FHA Purchase 7.95% 12/4/22
    15 Year FHA Refi 8.94% 12/4/22
    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.


    Originations

    9,522

    Origination Dollar Volume (All Markets)

    $3,395,300,000
    Show all (16) awards

    Relative Rate

    Nations Direct Mortgage's average 30 year fixed mortgage rate was 3.11%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.04%.

    Relative Fees (Closing Costs)

    Nations Direct Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $7,731.

    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 $4,750.

    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
    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%
    CaƱon 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.

    Their top states include:
  • California (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Nations Direct Mortgage's most frequently originated type of loan was Conventional, with 5,717 originations. Their 2nd most popular type was FHA, with 2,183 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Nations Direct Mortgage's most frequently cited loan purpose was Home Purchase, with 4,250 originations. The 2nd most popular reason was 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 2021, Nations Direct Mortgage's most frequently cited loan duration was 30 Year, with 8,621 originations. The 2nd most popular length was 15 Year, with 597 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost 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
    $2k-3k 1,052 $325,940,000 $309,829
    $3k-4k 862 $256,700,000 $297,796
    $4k-5k 638 $201,490,000 $315,815

    Nations Direct Mortgage's average total fees were $7,731, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 3.11%, while their most frequently originated rate bucket for loans was 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 or Islander 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 applications
    95.12%

    Nations Direct Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    60.64%

    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%