PlainLender

NEXTMORTGAGE, LLC

SAN RAMON, CA

NEXTMORTGAGE, LLC processed 900 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 531 loans with a 4.1% denial rate. Home Purchase was the primary loan purpose. Based in SAN RAMON, CA. The approval rate of 59.0% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. NEXTMORTGAGE, LLC processed 900 HMDA-reported mortgage applications in 2024, originating 531 loans and denying 37 for a denial rate of 4.1% (applicants themselves withdrew 221 files before a decision). The average loan amount was $291,089 at a 7.000% average note rate, and applicants self-reported an average income of $41,000. The lender reports under LEI 549300JLXD89NGKXMS84 from SAN RAMON, CA.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. NEXTMORTGAGE, LLC's 59.0% origination rate tells you how often an application turned into funded money; the 4.1% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Other, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (546 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

900
Applications
531
Originated
4.1%
Denial Rate
$291,089
Avg Loan Amount
Avg Interest Rate: 7.000% Avg Applicant Income: $41,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 546 325 16 $326,429
FHA 220 127 12 $273,091
USDA 68 38 7 $17,500
VA 66 41 2 $340,606

Top loan types — NEXTMORTGAGE, LLC

Top loan types — NEXTMORTGAGE, LLC Horizontal bar chart of the top 4 items by value (applications). Top loan types — NEXTMORTGAGE, LLC Top 4 1. Conventional 546 2. FHA 220 3. USDA 68 4. VA 66 Top 5 loan types by application volume at NEXTMORTGAGE, LLC (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for NEXTMORTGAGE, LLC (LEI: 549300JLXD89NGKXMS84) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
16
Other
10
Credit history
10
Unverifiable information
7
Credit application incomplete
6
Insufficient cash
2
Collateral
2
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 765 483 $288,359
Cash-out Refinancing 86 29 $308,488
Refinancing 49 19 $303,163

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 662 60.6% 3.8%
Black or African American 79 55.7% 5.1%
Asian 25 56.0% 0.0%
Joint 25 44.0% 8.0%
American Indian or Alaska Native 7 71.4% 28.6%
2 or more minority races 1 100.0% 0.0%
Native Hawaiian or Other Pacific Islander 1 100.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 630 59.8% 3.8%
Hispanic or Latino 160 56.3% 5.6%
Joint 32 59.4% 3.1%

Nearby Lenders in CA

Other HMDA-reporting lenders in CA with similar activity. Compare any two side-by-side.

PENNYMAC LOAN SERVICES LLC

WESTLAKE VILLAGE, CA

384,816 apps 67,294 originated 4.7% denied

Bank of America NA

Westlake Village, CA

233,637 apps 83,165 originated 34.6% denied

AmeriHome Mortgage Company, LLC

Thousand Oaks, CA

149,937 apps 6,250 originated 0.8% denied

LOANDEPOT.COM, LLC

IRVINE, CA

142,924 apps 79,418 originated 23.3% denied

NEW AMERICAN FUNDING, LLC.

TUSTIN, CA

118,479 apps 48,639 originated 11.1% denied
Compare NEXTMORTGAGE, LLC vs PENNYMAC LOAN SERVICES LLC →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

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Frequently Asked Questions

How many mortgage applications did NEXTMORTGAGE, LLC process?
NEXTMORTGAGE, LLC processed 900 mortgage applications in the 2023 HMDA reporting year. Of these, 531 were originated (approved and funded), 221 were withdrawn by the applicant, and 37 were denied.
What is NEXTMORTGAGE, LLC's mortgage approval rate?
NEXTMORTGAGE, LLC has an approval (origination) rate of 59.0%, meaning 59.0% of all applications resulted in a funded mortgage. The denial rate is 4.1%.
What is the average loan amount at NEXTMORTGAGE, LLC?
The average mortgage loan amount at NEXTMORTGAGE, LLC is $291,089. The average interest rate is 7.000%. The average applicant income is $41,000.
What are the most common reasons for mortgage denial at NEXTMORTGAGE, LLC?
The most common reasons for mortgage denial at NEXTMORTGAGE, LLC are: Debt-to-income ratio, Other, Credit history. In total, 37 applications were denied out of 900 total applications.
What types of mortgage loans does NEXTMORTGAGE, LLC offer?
NEXTMORTGAGE, LLC processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 546 applications and an average loan amount of $326,429.
What loan purposes does NEXTMORTGAGE, LLC serve?
NEXTMORTGAGE, LLC serves the following loan purposes: Home Purchase (765 applications), Cash-out Refinancing (86 applications), Refinancing (49 applications). Home Purchase is the most common purpose.
Where is NEXTMORTGAGE, LLC located?
NEXTMORTGAGE, LLC is headquartered in SAN RAMON, CA. The lender is identified by LEI 549300JLXD89NGKXMS84 in HMDA data.
How does NEXTMORTGAGE, LLC compare in lending across racial demographics?
NEXTMORTGAGE, LLC reports demographic lending data under HMDA requirements. White applicants have an approval rate of 60.6% and denial rate of 3.8%; Black or African American applicants have an approval rate of 55.7% and denial rate of 5.1%; Asian applicants have an approval rate of 56.0% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.