NationWide Equities NMLS #1408
At a glance
- HeadquartersPark Ridge, NJ
- Size419 home loans closed in 2025
- Loan typesConventional
- Licensed in15 states
- Formed in1999
2025 figures are for NATIONWIDE EQUITIES CORPORATION's filing.
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Who is NationWide Equities?
NationWide Equities (NMLS #1408) is a lender listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Is NationWide Equities legit?
Here's what public licensing records show. NationWide Equities holds mortgage lender licenses in 15 states, including California, Colorado, Connecticut, District of Columbia, Florida (NMLS ID #1408, per NMLS records as of October 1, 2026). FreeRateUpdate publishes a Score built from public data and our own records. It does not endorse or vouch for any lender. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
Key Facts
- Lender or brokerNationWide Equities
- NMLS #1408
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
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About NationWide Equities
Overview
NationWide Equities is a mortgage lender with five branch offices in Florida, Maryland, and Texas.
Mortgage options
In 2025, NationWide Equities made conventional and FHA loans. Its loans that year were for refinances and cash-out refinances.
Company details and licensing
NationWide Equities’ legal entity is Nationwide Equities Corporation, a corporation formed in New York on February 1, 1999. It is headquartered at 225 Brae Blvd Suite 202 in Park Ridge, New Jersey, and uses the trade names Reverse Loans USA and The Reverse Power.
The company’s NMLS ID is 1408. It is licensed in California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Idaho, Maryland, North Carolina, New Jersey, Nevada, New York, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Washington.
Verify NMLS #1408 on NMLS Consumer Access
Sources
Sources last checked . These are the outside records this profile was written from. FreeRateUpdate is not affiliated with them, and they have not reviewed, endorsed, or approved FreeRateUpdate or this page.
Formation date and trade names come from NMLS registry records. FreeRateUpdate is not affiliated with NMLS, and NMLS has not reviewed, endorsed, or approved FreeRateUpdate or this page.
Additional information
Reported application outcomes and pricing, 2025
- Filed asNATIONWIDE EQUITIES CORPORATION
- 2025 home loan decisionsOf 441 applications decided by NATIONWIDE EQUITIES CORPORATION in 2025, 419 were originated, 3 were approved but not accepted by the borrower, and 19 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 95.7%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 35 applications were withdrawn by the borrower, 2 were closed for incompleteness, and 0 loans were purchased from another lender. HMDA counts these as outcomes in their own right — withdrawn before a decision, closed with no decision reached, and a purchased loan is one bought from another lender — and none of them is a lending decision.
- Median rate spread0.177 percentage points above the average prime offer rate (reported on 7 originations, 412 reported no spread at all — a median of what was reported, not of everything originated)
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Reported product mix, 2025
- Loan types395 Conventional, 24 FHA — of 419 reported originations, 2025. FFIEC HMDA data browser.
Evidence read October 20, 2026
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for NATIONWIDE EQUITIES CORPORATION — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.
Frequently Asked Questions
Is NationWide Equities legit?
Here's what public licensing records show. NationWide Equities holds mortgage lender licenses in 15 states, including California, Colorado, Connecticut, District of Columbia, Florida (NMLS ID #1408, per NMLS records as of October 1, 2026). FreeRateUpdate publishes a Score built from public data and our own records. It does not endorse or vouch for any lender. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
What is NationWide Equities's NMLS number?
NationWide Equities's NMLS number is 1408. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified NationWide Equities's NMLS ID?
Yes. We checked NationWide Equities's company name and NMLS ID against the NMLS record on October 14, 2026. They've been in our lender network since February 2018. That confirms who the company is. It isn't an endorsement, and it doesn't check their license in any particular state.
Where can I learn more about NationWide Equities?
This page has NationWide Equities's NMLS identity, which we verified, and its company details, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.