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Nvr Inc  (NVR)
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    Sector  Capital Goods    Industry Construction Services
 


Nvr Inc Segments

 
 

Business Segments III. Quarter
Revenues
(in millions $)
(Sep 30 2018)
%
(of total Revenues)
III. Quarter
Income
(in millions $)
(Sep 30 2018)
%
(Profit Margin)
Total
1,852.41 100 % 195.82 10.57 %

• View Income Statement • View Competition by Segment • View Annual Report

Growth rates by Segment III. Quarter
Y/Y Revenue
%
(Sep 30 2018)
Q/Q Revenue
%
III. Quarter
Y/Y Income
%
(Sep 30 2018)
Q/Q Income
%
Total
19.82 % 3.47 % 32.42 % -3.62 %

• View Growth rates • View Competitors Segment Growth • View Market Share

To get more information on Nvr Inc's Total segment. Select each division with the arrow.

  Nvr Inc's

Business Segments Description



Homebuilding

Products
We offer single-family detached homes, townhomes and condominium buildings with many different basic home designs. These home designs have a variety of elevations and numerous other options. Our homes combine traditional, transitional, cottage or urban exterior designs with contemporary interior designs and amenities, generally include two to four bedrooms and range from approximately 1,000 to 7,000 square feet. The prices at which we settled homes ranged from approximately $136,000 to $1.9 million and averaged approximately $379,900.


Markets
Our four reportable homebuilding segments operate in the following geographic regions:

Mid Atlantic:

Maryland, Virginia, West Virginia, Delaware and Washington, D.C.
North East:

New Jersey and Eastern Pennsylvania
Mid East:

New York, Ohio, Western Pennsylvania, Indiana and Illinois
South East:

North Carolina, South Carolina, Tennessee and Florida

Mortgage Banking
We provide a number of mortgage related services to our homebuilding customers through our mortgage banking operations. Our mortgage banking operations also include separate subsidiaries that broker title insurance and perform title searches in connection with mortgage loan closings for which they receive commissions and fees. Because NVRM originates mortgage loans almost exclusively for our homebuilding customers, NVRM is dependent on our homebuilding segment.


NVRM sells all of the mortgage loans it closes to investors in the secondary markets on a servicing released basis, typically within 30 days from the loan closing. NVRM is an approved seller/servicer for Fannie Mae (“FNMA”) mortgage loans and an approved seller/issuer of Ginnie Mae (“GNMA”), Freddie Mac (“FHLMC”), Department of Veterans Affairs (“VA”) and Federal Housing Administration (“FHA”) mortgage loans.

   

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