Nexus Series B Mortgage Rates, Fees & Info
CAMDEN, DELEI: 549300X0DCWAGU4DZH55
Tax ID: 82-0760392
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Nexus Series B is a smaller mortgage company specializing in NA loans. Nexus Series B has a high proportion of conventional loans. Their top markets by origination volume include: Austin, Dallas, Houston, Paris, and San Antonio among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Nexus Series B 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.
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Originations
92Origination Dollar Volume (All Markets)
$40,350,000Top 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 |
|---|---|---|---|---|---|
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 39 | $19,625,000 | $503,205 | $0 | 11.52% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 41 | $10,065,000 | $245,488 | $0 | 11.39% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $4,840,000 | $2,420,000 | $0 | 12.73% |
| Paris, TX (FHA|USDA|VA) | 1 | $3,295,000 | $3,295,000 | $0 | 13.50% |
| Outside of Metro Areas | 3 | $955,000 | $318,333 | $0 | 11.82% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $880,000 | $440,000 | $0 | 11.73% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $0 | 11.45% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 11.45% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 47 | $21,095,000 | $448,830 | $0 | 11.58% |
| Reverse Mortgage | 45 | $19,255,000 | $427,889 | $0 | 11.46% |
For 2024, Nexus Series B's most frequently originated type of loan was Conventional, with 47 originations. Their 2nd most popular type was Reverse Mortgage, with 45 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| NA | 92 | $40,350,000 | $438,587 | $0 | 11.52% |
For 2024, Nexus Series B's most frequently cited loan purpose was NA, with 92 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 92 | $40,350,000 | $438,587 | $0 | 11.52% |
For 2024, Nexus Series B's most frequently cited loan duration was Other, with 92 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 92 | $40,350,000 | $438,587 |
During 2024, Nexus Series B's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 92 originations.
Loan Sizing
2024 saw Nexus Series B place emphasis on $200k-400k loans with 46 originations, totaling $12,200,000 in origination value.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 92 | $40,350,000 | $438,587 | $0 | 11.52% |
Approval Rates
Total approvals of all applications100.00%
Nexus Series B has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination82.61%
Nexus Series B has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 92 | $40,350,000 | $438,587 |