Nexus Series B, LLC

Camden, DE

Nexus Series B, LLC processed 108 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 92 loans with a 0.0% denial rate. Based in Camden, DE. The approval rate of 85.2% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Nexus Series B, LLC's 85.2% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (108 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.

108
Applications
92
Originated
0.0%
Denial Rate
$435,741
Avg Loan Amount
Avg Interest Rate: 11.519%

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 108 92 0 $435,741

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Nexus Series B, LLC (LEI: 549300X0DCWAGU4DZH55) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

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Frequently Asked Questions

How many mortgage applications did Nexus Series B, LLC process?
Nexus Series B, LLC processed 108 mortgage applications in the 2024 HMDA reporting year. Of these, 92 were originated (approved and funded), and 0 were denied.
What is Nexus Series B, LLC's mortgage approval rate?
Nexus Series B, LLC has an approval (origination) rate of 85.2%, meaning 85.2% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at Nexus Series B, LLC?
The average mortgage loan amount at Nexus Series B, LLC is $435,741. The average interest rate is 11.519%.
What types of mortgage loans does Nexus Series B, LLC offer?
Nexus Series B, LLC processes Conventional loans. The most common type is Conventional with 108 applications and an average loan amount of $435,741.
Where is Nexus Series B, LLC located?
Nexus Series B, LLC is headquartered in Camden, DE. The lender is identified by LEI 549300X0DCWAGU4DZH55 in HMDA data.

Data Sources

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.