Lender profile · HMDA 2023–2025
Nova Financial & Investment Corporation mortgage approval rates & lending data
Nova Financial & Investment Corporation decided 15,714 mortgage applications and funded 13,761 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 94% | 10,769 / 11,515 | 97% | $295K | 10,442 |
| Cash-out refinance | 81% | 1,637 / 2,027 | 97% | $175K | 1,588 |
| Refinance | 79% | 848 / 1,067 | 96% | $265K | 818 |
| Investment property purchase | 91% | 686 / 751 | 95% | $235K | 653 |
| Investment cash-out refinance | 74% | 176 / 237 | 98% | $175K | 172 |
| Investment refinance | 79% | 92 / 117 | 96% | $225K | 88 |
Nova Financial & Investment Corporation lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Arizona | 90% | $295K | 11,737 | 10,248 |
| Colorado | 96% | $475K | 1,332 | 1,236 |
| Washington | 94% | $445K | 834 | 758 |
| Nevada | 88% | $355K | 708 | 603 |
| California | 84% | $525K | 329 | 267 |
| Oregon | 86% | $335K | 322 | 267 |
| Texas | 86% | $295K | 139 | 116 |
| New Mexico | 79% | $215K | 116 | 91 |
| Florida | 90% | $295K | 103 | 87 |
| Pennsylvania | 96% | $215K | 26 | 25 |
| Idaho | 93% | $325K | 14 | 13 |
| Utah | 100% | $155K | 11 | 9 |
| Illinois | 100% | $295K | 10 | 10 |
| Tennessee | 83% | $225K | 6 | 5 |
| Alabama | 100% | $215K | 5 | 5 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.