Nations Direct Mortgage Rates, Fees & Info

Sacramento, CA

LEI: 549300QKL5FUBZ8LSF50

Tax ID: 20-8544905

1 stars - out of 5 stars, based on 71 reviews

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

Jump to:

Mortgage Data

Review & Overview

Nations Direct Mortgage is a small mortgage company specializing in Home Purchase 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, Phoenix, and Atlanta among others. We have data for 300 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 6.97% 5/28/23
30 Year Conventional Refi 6.57% 5/28/23
30 Year Cash-out Refi 6.83% 5/28/23
30 Year FHA Purchase 7.33% 5/28/23
30 Year FHA Refi 6.99% 5/28/23
30 Year VA Purchase 6.37% 5/28/23
30 Year VA Refi 5.69% 5/28/23
30 Year USDA Purchase 6.61% 5/28/23
15 Year Conventional Purchase 5.97% 5/28/23
15 Year Conventional Refi 5.79% 5/28/23
15 Year Cash-out Refi 5.79% 5/28/23
15 Year FHA Refi 5.68% 5/28/23
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.

Nations Direct Mortgage Mortgage Calculator






Your Estimates

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

This is not an official calculator from Nations Direct Mortgage. 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

4,976

Origination Dollar Volume (All Markets)

$1,988,430,000
Show all (16) awards

Relative Rate

Nations Direct Mortgage's average 30 year fixed mortgage rate was 4.93%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.17%.

Relative Fees (Closing Costs)

Nations Direct Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $11,395.

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) 579 $325,475,000 $562,133 $14,454 4.74%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 681 $299,615,000 $439,963 $9,230 4.66%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 457 $188,715,000 $412,943 $12,068 4.64%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 142 $62,350,000 $439,085 $11,168 5.17%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 178 $61,090,000 $343,202 $11,686 5.18%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 86 $52,090,000 $605,698 $17,174 4.75%
SALEM, OR (FHA|USDA|VA) 140 $49,670,000 $354,786 $9,264 4.59%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 108 $48,940,000 $453,148 $11,524 4.49%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 104 $44,310,000 $426,058 $15,450 5.57%
BEND, OR (FHA|USDA|VA) 81 $36,505,000 $450,679 $9,008 4.59%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 50 $34,860,000 $697,200 $19,303 5.17%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 77 $33,565,000 $435,909 $14,230 5.26%
Outside of Metro Areas 98 $29,750,000 $303,571 $8,597 4.81%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 46 $22,860,000 $496,957 $12,042 4.94%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 61 $22,425,000 $367,623 $12,445 5.27%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 37 $21,685,000 $586,081 $14,353 5.11%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 65 $21,305,000 $327,769 $11,296 5.22%
STOCKTON, CA (FHA|USDA|VA) 53 $20,885,000 $394,057 $12,274 5.04%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 65 $20,725,000 $318,846 $10,392 5.30%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 65 $19,675,000 $302,692 $11,450 5.08%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 38 $19,420,000 $511,053 $14,037 5.17%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 68 $18,300,000 $269,118 $9,902 5.30%
BAKERSFIELD, CA (FHA|USDA|VA) 64 $17,550,000 $274,219 $10,220 4.70%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 42 $15,610,000 $371,667 $12,701 5.19%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 42 $15,290,000 $364,048 $8,977 4.91%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 48 $14,100,000 $293,750 $10,622 5.04%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 52 $13,610,000 $261,731 $11,054 4.69%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 19 $13,325,000 $701,316 $15,578 4.74%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 31 $10,575,000 $341,129 $12,019 5.45%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 30 $10,440,000 $348,000 $12,131 5.98%
JACKSONVILLE, FL (FHA|USDA|VA) 30 $10,340,000 $344,667 $11,305 5.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 38 $10,150,000 $267,105 $8,821 5.27%
MODESTO, CA (FHA|USDA|VA) 24 $9,880,000 $411,667 $12,550 5.05%
GRANTS PASS, OR (FHA|USDA|VA) 28 $9,780,000 $349,286 $10,864 5.11%
COLUMBUS, OH (FHA|USDA|VA) 36 $9,590,000 $266,389 $8,919 5.52%
ALBANY-LEBANON, OR (FHA|USDA|VA) 29 $9,505,000 $327,759 $8,838 4.87%
FRESNO, CA (FHA|USDA|VA) 25 $9,245,000 $369,800 $11,838 4.72%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 15 $9,105,000 $607,000 $17,252 6.27%
COLORADO SPRINGS, CO (FHA|USDA|VA) 20 $8,950,000 $447,500 $11,519 5.30%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 21 $8,785,000 $418,333 $14,633 5.01%
LAREDO, TX (FHA|USDA|VA) 43 $8,605,000 $200,116 $9,198 4.19%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 20 $8,100,000 $405,000 $14,500 5.28%
VALLEJO, CA (FHA|USDA|VA) 16 $7,270,000 $454,375 $15,013 4.94%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 12 $7,120,000 $593,333 $15,955 6.24%
LONGVIEW, WA (FHA|USDA|VA) 16 $5,950,000 $371,875 $13,186 4.91%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 17 $5,455,000 $320,882 $11,998 4.88%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 18 $5,380,000 $298,889 $9,876 5.23%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 21 $5,155,000 $245,476 $10,055 5.12%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 12 $5,110,000 $425,833 $15,012 4.35%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 26 $5,050,000 $194,231 $8,535 5.04%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 21 $4,975,000 $236,905 $9,842 4.30%
Newport, OR (FHA|USDA|VA) 12 $4,940,000 $411,667 $9,132 4.77%
MEDFORD, OR (FHA|USDA|VA) 11 $4,755,000 $432,273 $13,220 4.63%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 16 $4,530,000 $283,125 $10,059 4.92%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 11 $4,285,000 $389,545 $6,726 5.60%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 14 $4,140,000 $295,714 $12,043 5.61%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 10 $3,950,000 $395,000 $7,058 4.85%
MERCED, CA (FHA|USDA|VA) 10 $3,800,000 $380,000 $13,471 4.86%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 11 $3,745,000 $340,455 $11,464 5.17%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 15 $3,735,000 $249,000 $11,035 4.69%
KNOXVILLE, TN (FHA|USDA|VA) 16 $3,660,000 $228,750 $8,688 4.35%
TUCSON, AZ (FHA|USDA|VA) 12 $3,590,000 $299,167 $8,429 5.05%
VISALIA, CA (FHA|USDA|VA) 11 $3,545,000 $322,273 $16,017 4.25%
PANAMA CITY, FL (FHA|USDA|VA) 8 $3,400,000 $425,000 $9,318 5.59%
RICHMOND, VA (FHA|USDA|VA) 10 $3,310,000 $331,000 $10,203 5.13%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 10 $3,220,000 $322,000 $10,524 5.14%
Roseburg, OR (FHA|USDA|VA) 8 $2,990,000 $373,750 $10,861 5.33%
PROVO-OREM, UT (FHA|USDA|VA) 6 $2,980,000 $496,667 $12,220 5.58%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 4 $2,980,000 $745,000 $19,815 3.84%
REDDING, CA (FHA|USDA|VA) 8 $2,940,000 $367,500 $9,714 4.28%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $2,755,000 $551,000 $15,709 5.72%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 11 $2,755,000 $250,455 $8,794 5.68%
Truckee-Grass Valley, CA (FHA|USDA|VA) 5 $2,745,000 $549,000 $16,197 6.95%
Brookings, OR (FHA|USDA|VA) 6 $2,740,000 $456,667 $7,019 4.50%
LOUISVILLE, KY (FHA|USDA|VA) 12 $2,640,000 $220,000 $7,479 5.00%
SALINAS, CA (FHA|USDA|VA) 5 $2,635,000 $527,000 $14,200 4.52%
Kill Devil Hills, NC (FHA|USDA|VA) 4 $2,620,000 $655,000 $0 5.75%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 7 $2,575,000 $367,857 $14,797 5.83%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 8 $2,480,000 $310,000 $10,248 4.89%
Astoria, OR (FHA|USDA|VA) 5 $2,355,000 $471,000 $7,786 5.07%
Prineville, OR (FHA|USDA|VA) 6 $2,350,000 $391,667 $5,694 4.33%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 4 $2,310,000 $577,500 $12,349 4.50%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 4 $2,290,000 $572,500 $16,935 4.90%
Sevierville, TN (FHA|USDA|VA) 4 $2,290,000 $572,500 $0 7.97%
RALEIGH-CARY, NC (FHA|USDA|VA) 7 $2,255,000 $322,143 $11,017 4.95%
FLINT, MI (FHA|USDA|VA) 9 $2,175,000 $241,667 $8,752 4.73%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 9 $2,095,000 $232,778 $9,053 4.97%
PORT ST. LUCIE, FL (FHA|USDA|VA) 7 $2,095,000 $299,286 $16,214 6.09%
COLUMBUS, GA-AL (FHA|USDA|VA) 11 $2,025,000 $184,091 $7,497 4.31%
COLUMBIA, SC (FHA|USDA|VA) 10 $1,970,000 $197,000 $6,211 4.09%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 7 $1,945,000 $277,857 $10,670 6.85%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $1,915,000 $383,000 $8,835 4.64%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 6 $1,900,000 $316,667 $7,329 6.10%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 7 $1,885,000 $269,286 $10,584 3.46%
SPARTANBURG, SC (FHA|USDA|VA) 9 $1,875,000 $208,333 $7,267 4.94%
RENO, NV (FHA|USDA|VA) 5 $1,825,000 $365,000 $9,796 4.97%
YUBA CITY, CA (FHA|USDA|VA) 5 $1,815,000 $363,000 $9,355 5.05%
MORRISTOWN, TN (FHA|USDA|VA) 9 $1,755,000 $195,000 $9,832 4.28%
SALT LAKE CITY, UT (FHA|USDA|VA) 5 $1,735,000 $347,000 $15,520 4.10%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 6 $1,730,000 $288,333 $11,820 5.31%
Red Bluff, CA (FHA|USDA|VA) 3 $1,685,000 $561,667 $11,123 4.41%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 4 $1,670,000 $417,500 $9,280 4.19%
CORVALLIS, OR (FHA|USDA|VA) 5 $1,665,000 $333,000 $5,360 5.70%
Klamath Falls, OR (FHA|USDA|VA) 7 $1,635,000 $233,571 $7,044 4.76%
MIDLAND, TX (FHA|USDA|VA) 6 $1,590,000 $265,000 $12,324 4.54%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $1,585,000 $317,000 $11,495 5.30%
ODESSA, TX (FHA|USDA|VA) 7 $1,585,000 $226,429 $10,523 4.59%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 7 $1,575,000 $225,000 $6,012 6.69%
ST. GEORGE, UT (FHA|USDA|VA) 3 $1,555,000 $518,333 $5,268 5.92%
DAYTON-KETTERING, OH (FHA|USDA|VA) 6 $1,550,000 $258,333 $10,012 5.21%
OCALA, FL (FHA|USDA|VA) 8 $1,530,000 $191,250 $8,570 4.69%
ABILENE, TX (FHA|USDA|VA) 7 $1,485,000 $212,143 $10,378 4.55%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 3 $1,475,000 $491,667 $9,276 3.91%
Gardnerville Ranchos, NV (FHA|USDA|VA) 3 $1,465,000 $488,333 $27,083 6.88%
BATON ROUGE, LA (FHA|USDA|VA) 6 $1,450,000 $241,667 $11,771 4.60%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $1,390,000 $695,000 $14,398 6.44%
PUNTA GORDA, FL (FHA|USDA|VA) 7 $1,375,000 $196,429 $8,003 5.09%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $1,295,000 $431,667 $11,691 6.58%
PEORIA, IL (FHA|USDA|VA) 10 $1,280,000 $128,000 $6,228 3.36%
PUEBLO, CO (FHA|USDA|VA) 4 $1,260,000 $315,000 $11,850 4.50%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 6 $1,260,000 $210,000 $11,494 5.02%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 4 $1,260,000 $315,000 $13,564 5.97%
MADERA, CA (FHA|USDA|VA) 4 $1,240,000 $310,000 $10,781 4.66%
OKLAHOMA CITY, OK (FHA|USDA|VA) 5 $1,235,000 $247,000 $11,867 3.85%
WACO, TX (FHA|USDA|VA) 6 $1,230,000 $205,000 $8,867 5.31%
DECATUR, AL (FHA|USDA|VA) 6 $1,220,000 $203,333 $8,141 4.98%
Coos Bay, OR (FHA|USDA|VA) 3 $1,215,000 $405,000 $9,130 4.37%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 5 $1,195,000 $239,000 $7,060 5.37%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 3 $1,195,000 $398,333 $8,120 4.75%
ROANOKE, VA (FHA|USDA|VA) 4 $1,170,000 $292,500 $13,450 6.31%
NAPA, CA (FHA|USDA|VA) 2 $1,160,000 $580,000 $0 6.69%
ALBANY, GA (FHA|USDA|VA) 5 $1,155,000 $231,000 $9,139 5.08%
TYLER, TX (FHA|USDA|VA) 4 $1,150,000 $287,500 $8,351 4.19%
The Dalles, OR (FHA|USDA|VA) 3 $1,125,000 $375,000 $7,009 4.13%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 5 $1,125,000 $225,000 $12,870 5.48%
GREELEY, CO (FHA|USDA|VA) 2 $1,110,000 $555,000 $9,820 4.49%
Hermiston-Pendleton, OR (FHA|USDA|VA) 3 $1,105,000 $368,333 $13,882 4.70%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 5 $1,105,000 $221,000 $10,134 5.48%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 5 $1,035,000 $207,000 $14,877 6.40%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $1,025,000 $205,000 $8,803 5.42%
Georgetown, SC (FHA|USDA|VA) 3 $1,025,000 $341,667 $5,692 5.33%
CHICO, CA (FHA|USDA|VA) 3 $1,015,000 $338,333 $8,577 4.41%
Show Low, AZ (FHA|USDA|VA) 5 $1,005,000 $201,000 $7,958 3.92%
FORT COLLINS, CO (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $10,261 5.13%
TALLAHASSEE, FL (FHA|USDA|VA) 4 $1,000,000 $250,000 $11,607 5.19%
IDAHO FALLS, ID (FHA|USDA|VA) 2 $990,000 $495,000 $8,575 4.37%
Hood River, OR (FHA|USDA|VA) 3 $965,000 $321,667 $7,633 4.79%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 4 $950,000 $237,500 $8,738 6.03%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $935,000 $311,667 $12,440 6.91%
SAVANNAH, GA (FHA|USDA|VA) 3 $895,000 $298,333 $8,490 5.29%
Kalispell, MT (FHA|USDA|VA) 2 $860,000 $430,000 $16,743 6.06%
BOISE CITY, ID (FHA|USDA|VA) 2 $850,000 $425,000 $16,265 6.88%
EL PASO, TX (FHA|USDA|VA) 4 $850,000 $212,500 $9,577 6.44%
BELLINGHAM, WA (FHA|USDA|VA) 2 $820,000 $410,000 $4,435 5.75%
SUMTER, SC (FHA|USDA|VA) 5 $815,000 $163,000 $6,683 5.27%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $810,000 $405,000 $21,469 6.68%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $805,000 $805,000 $12,658 5.63%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $805,000 $268,333 $9,375 5.08%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $795,000 $265,000 $7,764 4.79%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 3 $785,000 $261,667 $12,416 5.42%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $770,000 $385,000 $13,440 6.25%
CARSON CITY, NV (FHA|USDA|VA) 2 $750,000 $375,000 $22,718 6.56%
Ontario, OR-ID (FHA|USDA|VA) 2 $750,000 $375,000 $7,881 4.43%
YAKIMA, WA (FHA|USDA|VA) 2 $750,000 $375,000 $7,119 3.88%
EL CENTRO, CA (FHA|USDA|VA) 4 $730,000 $182,500 $8,823 6.00%
Ardmore, OK (FHA|USDA|VA) 6 $730,000 $121,667 $8,085 5.46%
Steamboat Springs, CO (FHA|USDA|VA) 1 $715,000 $715,000 $9,558 6.25%
Eufaula, AL-GA (FHA|USDA|VA) 2 $710,000 $355,000 $7,857 3.44%
Greenwood, SC (FHA|USDA|VA) 3 $705,000 $235,000 $12,236 5.00%
Oak Harbor, WA (FHA|USDA|VA) 1 $705,000 $705,000 $13,497 6.63%
ASHEVILLE, NC (FHA|USDA|VA) 2 $690,000 $345,000 $18,069 4.56%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $690,000 $345,000 $8,732 5.13%
Clewiston, FL (FHA|USDA|VA) 3 $685,000 $228,333 $6,143 3.92%
Aberdeen, WA (FHA|USDA|VA) 2 $670,000 $335,000 $13,562 5.50%
Cambridge, MD (FHA|USDA|VA) 1 $655,000 $655,000 $0 6.88%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 3 $655,000 $218,333 $7,328 4.92%
YORK-HANOVER, PA (FHA|USDA|VA) 3 $645,000 $215,000 $8,746 4.13%
Pahrump, NV (FHA|USDA|VA) 2 $640,000 $320,000 $9,355 3.62%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 3 $635,000 $211,667 $9,636 5.92%
WARNER ROBINS, GA (FHA|USDA|VA) 2 $630,000 $315,000 $11,642 5.63%
Port Angeles, WA (FHA|USDA|VA) 2 $630,000 $315,000 $8,998 3.06%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $630,000 $315,000 $7,572 4.81%
FLORENCE, SC (FHA|USDA|VA) 3 $615,000 $205,000 $11,574 4.96%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 3 $605,000 $201,667 $6,521 4.16%
PITTSBURGH, PA (FHA|USDA|VA) 2 $600,000 $300,000 $14,518 5.50%
WINSTON-SALEM, NC (FHA|USDA|VA) 3 $575,000 $191,667 $9,080 4.25%
Clearlake, CA (FHA|USDA|VA) 2 $570,000 $285,000 $5,292 4.88%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $560,000 $280,000 $8,134 4.93%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $560,000 $280,000 $7,872 6.44%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 4 $540,000 $135,000 $7,673 4.88%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $535,000 $535,000 $11,869 8.99%
Traverse City, MI (FHA|USDA|VA) 3 $535,000 $178,333 $8,081 4.63%
Centralia, WA (FHA|USDA|VA) 2 $530,000 $265,000 $6,583 4.69%
GAINESVILLE, GA (FHA|USDA|VA) 2 $510,000 $255,000 $15,044 4.56%
St. Marys, GA (FHA|USDA|VA) 2 $500,000 $250,000 $9,373 4.81%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 2 $500,000 $250,000 $4,321 4.62%
JACKSONVILLE, NC (FHA|USDA|VA) 3 $495,000 $165,000 $6,126 8.63%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $485,000 $485,000 $23,190 5.63%
Greeneville, TN (FHA|USDA|VA) 2 $480,000 $240,000 $8,091 5.56%
AKRON, OH (FHA|USDA|VA) 3 $475,000 $158,333 $7,997 4.83%
SAN ANGELO, TX (FHA|USDA|VA) 2 $470,000 $235,000 $6,578 6.25%
Sonora, CA (FHA|USDA|VA) 2 $460,000 $230,000 $5,585 2.94%
Glenwood Springs, CO (FHA|USDA|VA) 1 $455,000 $455,000 $0 5.50%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $455,000 $455,000 $0 5.99%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 3 $455,000 $151,667 $8,906 4.33%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $450,000 $225,000 $8,124 6.13%
Fremont, OH (FHA|USDA|VA) 3 $445,000 $148,333 $4,922 4.58%
YUMA, AZ (FHA|USDA|VA) 2 $440,000 $220,000 $6,920 5.69%
Ottawa, IL (FHA|USDA|VA) 3 $435,000 $145,000 $4,923 3.50%
LONGVIEW, TX (FHA|USDA|VA) 3 $435,000 $145,000 $5,957 3.87%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $430,000 $215,000 $19,358 6.88%
Galesburg, IL (FHA|USDA|VA) 2 $430,000 $215,000 $7,057 4.31%
Martinsville, VA (FHA|USDA|VA) 1 $425,000 $425,000 $10,257 5.63%
Newberry, SC (FHA|USDA|VA) 2 $420,000 $210,000 $10,855 5.25%
Palatka, FL (FHA|USDA|VA) 3 $405,000 $135,000 $8,560 5.21%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $400,000 $200,000 $9,750 4.13%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $400,000 $200,000 $5,010 4.69%
Minden, LA (FHA|USDA|VA) 3 $395,000 $131,667 $6,572 5.46%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $390,000 $195,000 $3,007 5.31%
KANKAKEE, IL (FHA|USDA|VA) 2 $390,000 $195,000 $11,314 4.75%
Crescent City, CA (FHA|USDA|VA) 1 $385,000 $385,000 $18,171 4.38%
Jefferson, GA (FHA|USDA|VA) 1 $355,000 $355,000 $21,742 4.13%
GAINESVILLE, FL (FHA|USDA|VA) 2 $350,000 $175,000 $8,588 4.25%
Mount Airy, NC (FHA|USDA|VA) 2 $340,000 $170,000 $8,924 5.56%
Athens, TN (FHA|USDA|VA) 1 $335,000 $335,000 $17,238 4.88%
Del Rio, TX (FHA|USDA|VA) 1 $335,000 $335,000 $12,103 4.99%
MONROE, MI (FHA|USDA|VA) 1 $335,000 $335,000 $21,393 6.75%
Helena, MT (FHA|USDA|VA) 1 $335,000 $335,000 $11,884 4.63%
ANN ARBOR, MI (FHA|USDA|VA) 1 $325,000 $325,000 $13,518 4.99%
Mountain Home, ID (FHA|USDA|VA) 1 $325,000 $325,000 $11,679 5.13%
LYNCHBURG, VA (FHA|USDA|VA) 2 $320,000 $160,000 $5,011 4.00%
Cambridge, OH (FHA|USDA|VA) 1 $315,000 $315,000 $8,495 3.75%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $315,000 $315,000 $17,106 4.63%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $315,000 $315,000 $16,425 3.63%
Adrian, MI (FHA|USDA|VA) 1 $305,000 $305,000 $14,458 5.13%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $305,000 $305,000 $0 4.88%
Cañon City, CO (FHA|USDA|VA) 1 $295,000 $295,000 $9,583 2.75%
CLEVELAND, TN (FHA|USDA|VA) 1 $295,000 $295,000 $11,773 5.63%
Douglas, GA (FHA|USDA|VA) 1 $285,000 $285,000 $12,313 5.13%
ROME, GA (FHA|USDA|VA) 1 $285,000 $285,000 $9,434 4.38%
Salem, OH (FHA|USDA|VA) 1 $285,000 $285,000 $7,974 2.88%
Elizabeth City, NC (FHA|USDA|VA) 2 $280,000 $140,000 $6,009 4.88%
Zanesville, OH (FHA|USDA|VA) 2 $280,000 $140,000 $9,211 4.19%
LANCASTER, PA (FHA|USDA|VA) 1 $275,000 $275,000 $13,817 6.25%
Okeechobee, FL (FHA|USDA|VA) 1 $275,000 $275,000 $19,811 5.63%
RACINE, WI (FHA|USDA|VA) 1 $275,000 $275,000 $7,199 3.88%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $275,000 $275,000 $7,155 2.75%
BLOOMINGTON, IL (FHA|USDA|VA) 2 $270,000 $135,000 $4,676 4.25%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $265,000 $265,000 $8,532 5.13%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $265,000 $265,000 $9,131 7.50%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $265,000 $265,000 $8,103 4.88%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $265,000 $265,000 $0 7.38%
Shawnee, OK (FHA|USDA|VA) 2 $260,000 $130,000 $8,276 4.81%
Eagle Pass, TX (FHA|USDA|VA) 1 $255,000 $255,000 $11,358 5.13%
Pullman, WA (FHA|USDA|VA) 1 $255,000 $255,000 $7,869 5.00%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $255,000 $255,000 $7,904 5.13%
HAMMOND, LA (FHA|USDA|VA) 1 $245,000 $245,000 $13,078 3.13%
MOBILE, AL (FHA|USDA|VA) 2 $240,000 $120,000 $5,487 4.31%
Rockingham, NC (FHA|USDA|VA) 1 $235,000 $235,000 $12,421 7.00%
Granbury, TX (FHA|USDA|VA) 1 $225,000 $225,000 $5,720 4.75%
Torrington, CT (FHA|USDA|VA) 1 $225,000 $225,000 $7,123 6.75%
Ukiah, CA (FHA|USDA|VA) 1 $215,000 $215,000 $8,172 5.88%
Cullman, AL (FHA|USDA|VA) 1 $215,000 $215,000 $3,723 5.13%
MONROE, LA (FHA|USDA|VA) 1 $215,000 $215,000 $8,134 4.13%
DeRidder, LA (FHA|USDA|VA) 1 $215,000 $215,000 $8,930 3.25%
Chillicothe, OH (FHA|USDA|VA) 1 $215,000 $215,000 $15,517 5.13%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $205,000 $205,000 $10,638 6.25%
Cookeville, TN (FHA|USDA|VA) 1 $205,000 $205,000 $12,666 4.63%
Warsaw, IN (FHA|USDA|VA) 1 $205,000 $205,000 $8,796 4.50%
Orangeburg, SC (FHA|USDA|VA) 1 $205,000 $205,000 $7,784 3.75%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $195,000 $195,000 $6,882 4.50%
DULUTH, MN-WI (FHA|USDA|VA) 1 $195,000 $195,000 $8,372 3.63%
BILLINGS, MT (FHA|USDA|VA) 1 $185,000 $185,000 $9,946 3.13%
Richmond-Berea, KY (FHA|USDA|VA) 1 $175,000 $175,000 $10,476 5.63%
Washington Court House, OH (FHA|USDA|VA) 1 $175,000 $175,000 $11,001 5.13%
BRUNSWICK, GA (FHA|USDA|VA) 1 $165,000 $165,000 $10,018 5.13%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $165,000 $165,000 $8,680 5.63%
London, KY (FHA|USDA|VA) 1 $165,000 $165,000 $9,507 6.13%
Americus, GA (FHA|USDA|VA) 1 $165,000 $165,000 $9,285 2.99%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $165,000 $165,000 $9,165 2.75%
Paris, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 6.99%
Fort Polk South, LA (FHA|USDA|VA) 1 $165,000 $165,000 $4,639 6.13%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $165,000 $165,000 $6,817 4.99%
Fort Payne, AL (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.25%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $155,000 $155,000 $9,353 2.99%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $155,000 $155,000 $9,021 3.75%
Payson, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $6,354 6.38%
Dublin, GA (FHA|USDA|VA) 1 $155,000 $155,000 $11,153 7.25%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $155,000 $155,000 $3,903 4.38%
Levelland, TX (FHA|USDA|VA) 2 $150,000 $75,000 $3,870 8.00%
Big Rapids, MI (FHA|USDA|VA) 1 $145,000 $145,000 $10,082 5.63%
Union, SC (FHA|USDA|VA) 1 $145,000 $145,000 $5,218 4.00%
Seneca, SC (FHA|USDA|VA) 1 $135,000 $135,000 $4,726 3.63%
Milledgeville, GA (FHA|USDA|VA) 1 $135,000 $135,000 $9,257 5.63%
DALTON, GA (FHA|USDA|VA) 1 $135,000 $135,000 $9,247 4.25%
Mount Vernon, OH (FHA|USDA|VA) 1 $125,000 $125,000 $3,771 3.75%
Kendallville, IN (FHA|USDA|VA) 1 $125,000 $125,000 $1,294 4.50%
Duncan, OK (FHA|USDA|VA) 1 $105,000 $105,000 $7,059 3.13%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $85,000 $85,000 $4,898 5.50%
TULSA, OK (FHA|USDA|VA) 1 $75,000 $75,000 $6,946 5.13%
Nations Direct Mortgage's top markets include Los Angeles, Portland, Riverside, Phoenix, and Atlanta among others.

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

    We use machine learning to identify the top lenders compared against NATIONS DIRECT MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Bossier Federal Credit Union
    Similarity Rank: 34
    PIERREMONT MORTGAGE, INC.
    Similarity Rank: 176
    DRAGAS MORTGAGE COMPANY
    Similarity Rank: 361
    FBT Mortgage, L.L.C.
    Similarity Rank: 540
    Cedar Point Federal Credit Union
    Similarity Rank: 546
    Countybank
    Similarity Rank: 588
    CAROLINA FOOTHILLS
    Similarity Rank: 605
    First Palmetto Bank
    Similarity Rank: 672
    ABNB Federal Credit Union
    Similarity Rank: 816

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,755 $1,181,825,000 $428,975 $9,796 5.26%
    FHA 1,297 $417,455,000 $321,862 $13,386 4.56%
    VA 908 $385,640,000 $424,714 $11,704 4.35%
    USDA 16 $3,510,000 $219,375 $10,329 3.73%

    For 2022, Nations Direct Mortgage's most frequently originated type of loan was Conventional, with 2,755 originations. Their 2nd most popular type was FHA, with 1,297 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,980 $1,235,990,000 $414,762 $11,574 5.18%
    Cash Out Refi 1,537 $587,045,000 $381,942 $11,747 4.62%
    Refi 459 $165,395,000 $360,338 $7,662 4.07%

    For 2022, Nations Direct Mortgage's most frequently cited loan purpose was Home Purchase, with 2,980 originations. The 2nd most popular reason was Cash Out Refi, with 1,537 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,842 $1,943,340,000 $401,351 $11,395 4.93%
    15 Year 56 $15,070,000 $269,107 $6,414 3.43%
    20 Year 36 $9,120,000 $253,333 $6,813 4.06%
    Other 19 $6,515,000 $342,895 $6,271 3.64%
    30+ year 14 $14,090,000 $1,006,429 $20,319 5.83%
    10 Year 9 $295,000 $32,778 $1,269 7.96%

    For 2022, Nations Direct Mortgage's most frequently cited loan duration was 30 Year, with 4,842 originations. The 2nd most popular length was 15 Year, with 56 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 1,990 $921,930,000 $463,281
    $1k-2k 710 $273,200,000 $384,789
    $2k-3k 481 $164,285,000 $341,549
    $3k-4k 414 $126,610,000 $305,821
    $4k-5k 378 $120,560,000 $318,942
    $<1k 339 $111,665,000 $329,395

    Nations Direct Mortgage's average total fees were $11,395, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,990 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,246 $516,040,000 $414,157
    5-6% 1,185 $470,035,000 $396,654
    3-4% 1,041 $381,605,000 $366,575
    6-7% 687 $308,025,000 $448,362
    2.5-3% 379 $135,045,000 $356,319
    7-8% 243 $104,725,000 $430,967
    <2.5% 110 $42,070,000 $382,455
    Over 8% 85 $30,885,000 $363,353

    During 2022, Nations Direct Mortgage's average interest rate for loans was 4.93%, while their most frequently originated rate bucket for loans was 4-5%, with 1,246 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,176 $649,920,000 $298,676 $9,910 4.86%
    $400k-600k 1,418 $687,080,000 $484,542 $12,531 4.84%
    $100k-200k 669 $107,555,000 $160,770 $7,177 4.87%
    $600k-1MM 546 $388,460,000 $711,465 $16,146 5.17%
    $1MM+ 106 $150,590,000 $1,420,660 $29,613 5.69%
    $100,000 or less 61 $4,825,000 $79,098 $4,639 4.97%

    2022 saw Nations Direct Mortgage place emphasis on $200k-400k loans with 2,176 originations, totaling $649,920,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,199 $509,105,000 $424,608 $11,959 4.76%
    $75k-100k 921 $317,035,000 $344,229 $10,555 4.60%
    $50k-75k 918 $249,570,000 $271,863 $9,324 4.50%
    $50k or less 832 $268,970,000 $323,281 $7,351 5.31%
    $150k-250k 707 $373,575,000 $528,395 $13,221 5.17%
    $250k+ 399 $270,175,000 $677,130 $16,577 5.70%

    Nations Direct Mortgage lent most frequently to those with incomes in the $100k-150k range, with 1,199 originations. The second most popular income band? $75k-100k, with 921 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 587 $223,955,000 $381,525 $10,535 4.78%
    50-60% 547 $219,165,000 $400,667 $14,296 4.48%
    20-30% 456 $174,130,000 $381,864 $9,762 4.72%
    49% 275 $109,795,000 $399,255 $11,507 4.93%
    44% 228 $90,470,000 $396,798 $9,776 4.97%
    47% 220 $88,920,000 $404,182 $11,532 4.83%
    <20% 213 $106,085,000 $498,052 $13,089 5.57%
    43% 205 $83,305,000 $406,366 $11,014 4.91%
    48% 197 $80,835,000 $410,330 $11,272 5.03%
    46% 192 $75,450,000 $392,969 $11,245 4.77%
    42% 190 $72,040,000 $379,158 $10,509 4.66%
    41% 189 $72,195,000 $381,984 $10,948 4.81%
    40% 185 $69,385,000 $375,054 $10,896 4.87%
    45% 170 $68,680,000 $404,000 $11,595 4.76%
    38% 163 $62,975,000 $386,350 $10,466 4.70%
    39% 158 $59,720,000 $377,975 $10,140 4.57%
    37% 142 $52,710,000 $371,197 $10,702 4.90%
    36% 138 $57,410,000 $416,014 $11,396 4.65%
    >60% 17 $9,815,000 $577,353 $20,486 4.65%

    Nations Direct Mortgage lent most frequently to those with DTI ratios of 30-36%, with 587 originations. The next most common DTI ratio? 50-60%, with 547 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,128 $1,244,370,000 $397,816 $10,812 4.85%
    Not provided 915 $393,225,000 $429,754 $12,361 4.95%
    Black 594 $201,640,000 $339,461 $11,905 4.95%
    Asian 280 $124,720,000 $445,429 $11,358 5.31%
    American Indian 35 $12,495,000 $357,000 $11,551 5.21%
    Native Hawaiian or Islander 22 $9,910,000 $450,455 $15,152 4.87%
    Asian Indian 1 $1,235,000 $1,235,000 $39,498 7.38%
    1 $835,000 $835,000 $31,962 6.13%

    Approval Rates

    Total approvals of all applications
    91.26%

    Nations Direct Mortgage has an average approval rate.

    Pick Rate

    Approvals leading to origination
    36.94%

    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
    10030.65 1 $285,000 $285,000
    16929.83 1 $615,000 $615,000
    20526.02 1 $215,000 $215,000
    22153.85 1 $245,000 $245,000
    8423.1 1 $245,000 $245,000
    NA 4,971 $1,986,825,000 $399,683

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    4,976 $1,988,430,000 $399,604

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 191 $52,765,000 $276,257 $7,723 4.75%
    40-60% 541 $183,135,000 $338,512 $8,690 4.70%
    60-80% 1,710 $725,780,000 $424,433 $11,090 5.12%
    80-100% 2,371 $953,375,000 $402,098 $11,631 4.84%
    Over 100% 145 $70,335,000 $485,069 $19,838 4.48%
    Under 20% 18 $3,040,000 $168,889 $4,432 6.00%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    NATIONSTAR MORTGAGE Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 5.3%
    NATIONSTAR MORTGAGE Conventional home mortgage Struggling to pay mortgage 3 15.8%
    NATIONSTAR MORTGAGE Conventional home mortgage Trouble during payment process 8 42.1%
    NATIONSTAR MORTGAGE FHA mortgage Struggling to pay mortgage 2 10.5%
    NATIONSTAR MORTGAGE Reverse mortgage Trouble during payment process 1 5.3%
    NATIONSTAR MORTGAGE VA mortgage Trouble during payment process 4 21.1%