Apex Home Loans, Inc. Mortgage Lending & HMDA Data, 2020

In 2020, Apex Home Loans, Inc. of Rockville, MD reported 6,120 mortgage applications totaling $2.1 billion, up 112% from 2019. The average application was for $335,361, and applicants reported an average income of $131,180. 85% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Washington-Baltimore-Arlington, DC (1,450), Baltimore-Columbia-Towson, MD (1,133) and Washington-Arlington-Alexandria, DC-VA-MD-WV (1,108) (applications in parentheses).

Mortgage Company & Address Apex Home Loans, Inc.
3204 Tower Oaks Blvd., Suite 400
Rockville, MD 20852
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 6,120
Total Mortgage Loan Application Amount $2,052,410,000
Average Mortgage Loan Application Amount $335,361
Highest Mortgage Loan Application Amount $22,035,000
Average Applicant Income $131,180
Highest Applicant Income $1,815,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Apex Home Loans, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Apex Home Loans, Inc. by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Montgomery, Maryland 1,235 $ 495,445,000 $ 401,170 $ 153,000
Greenville, South Carolina 555 $ 140,455,000 $ 253,072 $ 98,000
District of Columbia, District Of Columbia 379 $ 184,345,000 $ 486,398 $ 173,000
Howard, Maryland 379 $ 144,685,000 $ 381,754 $ 144,000
Anne Arundel, Maryland 233 $ 81,625,000 $ 350,321 $ 129,000
Fairfax, Virginia 228 $ 100,000,000 $ 438,596 $ 185,000
Frederick, Maryland 215 $ 71,985,000 $ 334,813 $ 119,000
Baltimore, Maryland 195 $ 53,785,000 $ 275,820 $ 107,000
Prince George's, Maryland 181 $ 59,135,000 $ 326,712 $ 124,000
Carroll, Maryland 155 $ 54,835,000 $ 353,774 $ 118,000
Spartanburg, South Carolina 118 $ 26,020,000 $ 220,508 $ 77,000
Baltimore City, Maryland 107 $ 25,935,000 $ 242,383 $ 103,000
Bedford, Virginia 101 $ 22,465,000 $ 222,425 $ 93,000
Lynchburg, Virginia 100 $ 15,000,000 $ 150,000 $ 70,000
Bucks, Pennsylvania 97 $ 28,115,000 $ 289,845 $ 98,000
Philadelphia, Pennsylvania 92 $ 23,830,000 $ 259,021 $ 110,000
Orange, Florida 90 $ 24,840,000 $ 276,000 $ 113,000
Campbell, Virginia 89 $ 14,415,000 $ 161,966 $ 62,000
Delaware, Pennsylvania 84 $ 23,770,000 $ 282,976 $ 122,000
Worcester, Maryland 80 $ 42,160,000 $ 527,000 $ 154,000
Sussex, Delaware 75 $ 23,995,000 $ 319,933 $ 188,000
Loudoun, Virginia 75 $ 33,365,000 $ 444,866 $ 167,000
Arlington, Virginia 71 $ 32,385,000 $ 456,126 $ 207,000
Anderson, South Carolina 67 $ 16,725,000 $ 249,626 $ 92,000
Amherst, Virginia 60 $ 10,440,000 $ 174,000 $ 64,000
Harford, Maryland 50 $ 13,860,000 $ 277,200 $ 120,000
Alexandria, Virginia 44 $ 20,870,000 $ 474,318 $ 215,000
Union, New Jersey 40 $ 15,550,000 $ 388,750 $ 177,000
Prince William, Virginia 40 $ 14,220,000 $ 355,500 $ 113,000
Osceola, Florida 35 $ 8,445,000 $ 241,285 $ 101,000
Pickens, South Carolina 35 $ 7,995,000 $ 228,428 $ 84,000
Chester, Pennsylvania 34 $ 10,700,000 $ 314,705 $ 159,000
New Castle, Delaware 32 $ 8,920,000 $ 278,750 $ 148,000
Washington, Maryland 30 $ 6,730,000 $ 224,333 $ 66,000
Montgomery, Pennsylvania 29 $ 8,795,000 $ 303,275 $ 112,000
Lake, Florida 28 $ 7,820,000 $ 279,285 $ 108,000
Camden, New Jersey 28 $ 6,170,000 $ 220,357 $ 99,000
Charles, Maryland 27 $ 9,235,000 $ 342,037 $ 129,000
Burlington, New Jersey 23 $ 5,535,000 $ 240,652 $ 101,000
Appomattox, Virginia 19 $ 2,495,000 $ 131,315 $ 52,000
Chesterfield, Virginia 19 $ 5,825,000 $ 306,578 $ 120,000
Polk, Florida 18 $ 3,180,000 $ 176,666 $ 82,000
Seminole, Florida 18 $ 4,780,000 $ 265,555 $ 104,000
Queen Anne's, Maryland 14 $ 5,550,000 $ 396,428 $ 130,000
Calvert, Maryland 13 $ 4,935,000 $ 379,615 $ 145,000
Wicomico, Maryland 13 $ 2,495,000 $ 191,923 $ 112,000
Fauquier, Virginia 12 $ 4,980,000 $ 415,000 $ 145,000
Mercer, New Jersey 11 $ 2,115,000 $ 192,272 $ 86,000
Henrico, Virginia 11 $ 3,235,000 $ 294,090 $ 113,000
Cecil, Maryland 9 $ 2,935,000 $ 326,111 $ 117,000
St. Mary's, Maryland 9 $ 2,035,000 $ 226,111 $ 167,000
Talbot, Maryland 9 $ 2,825,000 $ 313,888 $ 135,000
Northampton, Pennsylvania 9 $ 1,915,000 $ 212,777 $ 134,000
Laurens, South Carolina 9 $ 1,945,000 $ 216,111 $ 64,000
Pittsylvania, Virginia 9 $ 1,025,000 $ 113,888 $ 44,000
Stafford, Virginia 9 $ 2,895,000 $ 321,666 $ 115,000
Lee, Florida 8 $ 2,050,000 $ 256,250 $ 198,000
Palm Beach, Florida 8 $ 1,910,000 $ 238,750 $ 130,000
Atlantic, New Jersey 8 $ 1,790,000 $ 223,750 $ 84,000
Virginia Beach, Virginia 8 $ 2,830,000 $ 353,750 $ 217,000
Volusia, Florida 7 $ 1,645,000 $ 235,000 $ 132,000
Cape May, New Jersey 7 $ 1,895,000 $ 270,714 $ 174,000
Oconee, South Carolina 7 $ 2,045,000 $ 292,142 $ 84,000
Frederick, Virginia 7 $ 2,125,000 $ 303,571 $ 107,000
Berkeley, West Virginia 7 $ 1,735,000 $ 247,857 $ 111,000
Broward, Florida 6 $ 1,740,000 $ 290,000 $ 92,000
Essex, New Jersey 6 $ 2,100,000 $ 350,000 $ 120,000
Gloucester, New Jersey 6 $ 1,200,000 $ 200,000 $ 104,000
Somerset, New Jersey 6 $ 2,550,000 $ 425,000 $ 146,000
Franklin, Pennsylvania 6 $ 1,430,000 $ 238,333 $ 82,000
York, Pennsylvania 6 $ 1,290,000 $ 215,000 $ 79,000
Falls Church, Virginia 6 $ 3,850,000 $ 641,666 $ 254,000
Spotsylvania, Virginia 6 $ 2,160,000 $ 360,000 $ 109,000
Kent, Delaware 5 $ 1,135,000 $ 227,000 $ 82,000
Hillsborough, Florida 5 $ 1,865,000 $ 373,000 $ 164,000
Garrett, Maryland 5 $ 1,865,000 $ 373,000 $ 163,000
Somerset, Maryland 5 $ 875,000 $ 175,000 $ 124,000
Middlesex, New Jersey 5 $ 1,465,000 $ 293,000 $ 82,000
Charleston, South Carolina 5 $ 2,205,000 $ 441,000 $ 226,000
Lexington, South Carolina 5 $ 1,285,000 $ 257,000 $ 116,000
Richland, South Carolina 5 $ 1,345,000 $ 269,000 $ 114,000
Franklin, Virginia 5 $ 1,065,000 $ 213,000 $ 190,000
Louisa, Virginia 5 $ 1,565,000 $ 313,000 $ 211,000
Nelson, Virginia 5 $ 1,375,000 $ 275,000 $ 191,000
Citrus, Florida 4 $ 620,000 $ 155,000 $ 118,000
Collier, Florida 4 $ 720,000 $ 180,000 $ 253,000
Miami-Dade, Florida 4 $ 1,160,000 $ 290,000 $ 88,000
Morris, New Jersey 4 $ 1,740,000 $ 435,000 $ 133,000
Durham, North Carolina 4 $ 1,360,000 $ 340,000 $ 183,000
Wake, North Carolina 4 $ 1,220,000 $ 305,000 $ 198,000
Culpeper, Virginia 4 $ 1,070,000 $ 267,500 $ 78,000
Manassas, Virginia 4 $ 1,370,000 $ 342,500 $ 176,000
Orange, Virginia 4 $ 1,090,000 $ 272,500 $ 77,000
Brevard, Florida 3 $ 725,000 $ 241,666 $ 88,000
St. Lucie, Florida 3 $ 675,000 $ 225,000 $ 87,000
Mecklenburg, North Carolina 3 $ 885,000 $ 295,000 $ 124,000
Allegheny, Pennsylvania 3 $ 1,415,000 $ 471,666 $ 180,000
Berks, Pennsylvania 3 $ 675,000 $ 225,000 $ 97,000
Accomack, Virginia 3 $ 855,000 $ 285,000 $ 138,000
Charlotte, Virginia 3 $ 375,000 $ 125,000 $ 39,000
Chesapeake, Virginia 3 $ 615,000 $ 205,000 $ 80,000
Dinwiddie, Virginia 3 $ 465,000 $ 155,000 $ 92,000
Fairfax City, Virginia 3 $ 1,295,000 $ 431,666 $ 133,000
Hanover, Virginia 3 $ 1,035,000 $ 345,000 $ 280,000
Norfolk, Virginia 3 $ 355,000 $ 118,333 $ 72,000
Petersburg, Virginia 3 $ 355,000 $ 118,333 $ 40,000
Richmond City, Virginia 3 $ 915,000 $ 305,000 $ 267,000
Roanoke, Virginia 3 $ 695,000 $ 231,666 $ 133,000
Warren, Virginia 3 $ 725,000 $ 241,666 $ 60,000
Pinellas, Florida 2 $ 480,000 $ 240,000 $ 104,000
Santa Rosa, Florida 2 $ 390,000 $ 195,000 $ 72,000
Sumter, Florida 2 $ 440,000 $ 220,000 $ 117,000
Caroline, Maryland 2 $ 340,000 $ 170,000 $ 79,000
Kent, Maryland 2 $ 270,000 $ 135,000 $ 90,000
Cumberland, New Jersey 2 $ 380,000 $ 190,000 $ 43,000
Hunterdon, New Jersey 2 $ 1,060,000 $ 530,000 $ 296,000
Monmouth, New Jersey 2 $ 710,000 $ 355,000 $ 153,000
Ocean, New Jersey 2 $ 470,000 $ 235,000 $ 97,000
Passaic, New Jersey 2 $ 770,000 $ 385,000 $ 137,000
Salem, New Jersey 2 $ 400,000 $ 200,000 $ 107,000
Gates, North Carolina 2 $ 330,000 $ 165,000 $ 41,000
Union, North Carolina 2 $ 310,000 $ 155,000 $ 59,000
Adams, Pennsylvania 2 $ 690,000 $ 345,000 $ 90,000
Lancaster, Pennsylvania 2 $ 380,000 $ 190,000 $ 98,000
Monroe, Pennsylvania 2 $ 640,000 $ 320,000 $ 295,000
Schuylkill, Pennsylvania 2 $ 260,000 $ 130,000 $ 26,000
Florence, South Carolina 2 $ 180,000 $ 90,000 $ 132,000
Albemarle, Virginia 2 $ 840,000 $ 420,000 $ 99,000
Amelia, Virginia 2 $ 480,000 $ 240,000 $ 91,000
Botetourt, Virginia 2 $ 310,000 $ 155,000 $ 26,000
Buckingham, Virginia 2 $ 540,000 $ 270,000 $ 97,000
Rockbridge, Virginia 2 $ 580,000 $ 290,000 $ 54,000
Suffolk, Virginia 2 $ 360,000 $ 180,000 $ 76,000
Jefferson, West Virginia 2 $ 510,000 $ 255,000 $ 96,000
Alachua, Florida 1 $ 185,000 $ 185,000 $ 202,000
Clay, Florida 1 $ 205,000 $ 205,000 $ 87,000
Flagler, Florida 1 $ 405,000 $ 405,000 $ 156,000
Manatee, Florida 1 $ 315,000 $ 315,000 $ 126,000
Marion, Florida 1 $ 165,000 $ 165,000 $ 0
Martin, Florida 1 $ 505,000 $ 505,000 $ 240,000
Floyd, Georgia 1 $ 155,000 $ 155,000 $ 50,000
Forsyth, Georgia 1 $ 235,000 $ 235,000 $ 63,000
Fulton, Georgia 1 $ 325,000 $ 325,000 $ 135,000
Gwinnett, Georgia 1 $ 415,000 $ 415,000 $ 484,000
Lumpkin, Georgia 1 $ 235,000 $ 235,000 $ 62,000
Paulding, Georgia 1 $ 265,000 $ 265,000 $ 84,000
Dorchester, Maryland 1 $ 105,000 $ 105,000 $ 71,000
Hudson, New Jersey 1 $ 195,000 $ 195,000 $ 116,000
Warren, New Jersey 1 $ 55,000 $ 55,000 $ 87,000
Brunswick, North Carolina 1 $ 295,000 $ 295,000 $ 158,000
Buncombe, North Carolina 1 $ 405,000 $ 405,000 $ 115,000
Chatham, North Carolina 1 $ 165,000 $ 165,000 $ 120,000
Currituck, North Carolina 1 $ 385,000 $ 385,000 $ 486,000
Dare, North Carolina 1 $ 365,000 $ 365,000 $ 135,000
Halifax, North Carolina 1 $ 125,000 $ 125,000 $ 44,000
Henderson, North Carolina 1 $ 455,000 $ 455,000 $ 317,000
Johnston, North Carolina 1 $ 345,000 $ 345,000 $ 77,000
New Hanover, North Carolina 1 $ 505,000 $ 505,000 $ 222,000
Northampton, North Carolina 1 $ 115,000 $ 115,000 $ 39,000
Robeson, North Carolina 1 $ 165,000 $ 165,000 $ 64,000
Bedford, Pennsylvania 1 $ 275,000 $ 275,000 $ 59,000
Carbon, Pennsylvania 1 $ 185,000 $ 185,000 $ 73,000
Columbia, Pennsylvania 1 $ 215,000 $ 215,000 $ 49,000
Juniata, Pennsylvania 1 $ 135,000 $ 135,000 $ 46,000
Lackawanna, Pennsylvania 1 $ 205,000 $ 205,000 $ 170,000
Lebanon, Pennsylvania 1 $ 145,000 $ 145,000 $ 110,000
Lehigh, Pennsylvania 1 $ 255,000 $ 255,000 $ 130,000
Luzerne, Pennsylvania 1 $ 105,000 $ 105,000 $ 25,000
Somerset, Pennsylvania 1 $ 205,000 $ 205,000 $ 190,000
Wayne, Pennsylvania 1 $ 325,000 $ 325,000 $ 154,000
Westmoreland, Pennsylvania 1 $ 225,000 $ 225,000 $ 100,000
Beaufort, South Carolina 1 $ 545,000 $ 545,000 $ 511,000
Berkeley, South Carolina 1 $ 305,000 $ 305,000 $ 110,000
Cherokee, South Carolina 1 $ 185,000 $ 185,000 $ 55,000
Darlington, South Carolina 1 $ 85,000 $ 85,000 $ 53,000
Dorchester, South Carolina 1 $ 225,000 $ 225,000 $ 62,000
Georgetown, South Carolina 1 $ 305,000 $ 305,000 $ 136,000
Greenwood, South Carolina 1 $ 465,000 $ 465,000 $ 101,000
Union, South Carolina 1 $ 235,000 $ 235,000 $ 59,000
York, South Carolina 1 $ 425,000 $ 425,000 $ 77,000
Caroline, Virginia 1 $ 295,000 $ 295,000 $ 81,000
Carroll, Virginia 1 $ 245,000 $ 245,000 $ 43,000
Charles City, Virginia 1 $ 375,000 $ 375,000 $ 111,000
Charlottesville, Virginia 1 $ 295,000 $ 295,000 $ 139,000
Danville, Virginia 1 $ 85,000 $ 85,000 $ 74,000
Greene, Virginia 1 $ 225,000 $ 225,000 $ 54,000
Hampton, Virginia 1 $ 195,000 $ 195,000 $ 83,000
Henry, Virginia 1 $ 345,000 $ 345,000 $ 235,000
Hopewell, Virginia 1 $ 195,000 $ 195,000 $ 90,000
James City, Virginia 1 $ 285,000 $ 285,000 $ 72,000
King George, Virginia 1 $ 165,000 $ 165,000 $ 64,000
King William, Virginia 1 $ 115,000 $ 115,000 $ 137,000
Manassas Park, Virginia 1 $ 135,000 $ 135,000 $ 46,000
Montgomery, Virginia 1 $ 305,000 $ 305,000 $ 84,000
Northumberland, Virginia 1 $ 795,000 $ 795,000 $ 235,000
Prince George, Virginia 1 $ 235,000 $ 235,000 $ 59,000
Rockingham, Virginia 1 $ 295,000 $ 295,000 $ 88,000
Shenandoah, Virginia 1 $ 195,000 $ 195,000 $ 64,000
Southampton, Virginia 1 $ 135,000 $ 135,000 $ 36,000
Sussex, Virginia 1 $ 205,000 $ 205,000 $ 47,000
Washington, Virginia 1 $ 195,000 $ 195,000 $ 66,000
Westmoreland, Virginia 1 $ 115,000 $ 115,000 $ 92,000
Preston, West Virginia 1 $ 155,000 $ 155,000 $ 118,000

Mortgage Loan Application Detail Totals for Apex Home Loans, Inc. in 2020

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 2,847 $1,010,125,000 $354,000 $22,035,000 $150,000 $1,815,000
Home Purchase 2,617 $834,575,000 $318,000 $1,555,000 $110,000 $703,000
Cash-out Refinancing 656 $207,710,000 $316,000 $1,085,000 $134,000 $724,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 4,249 $1,435,095,000 $337,000 $22,035,000 $135,000 $1,815,000
Not Provided 715 $246,535,000 $344,000 $1,065,000 $132,000 $1,123,000
Black or African American 566 $178,460,000 $315,000 $1,555,000 $110,000 $642,000
Hispanic 297 $89,565,000 $301,000 $1,145,000 $101,000 $484,000
Asian 263 $91,485,000 $347,000 $895,000 $135,000 $638,000
American Indian or Alaskan Native 20 $7,440,000 $372,000 $765,000 $147,000 $724,000
Native Hawaiian or Other Pacific Islander 5 $1,995,000 $399,000 $745,000 $102,000 $180,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 4,971 $1,694,735,000 $340,000 $22,035,000 $139,000 $1,815,000
FHA-insured (Federal Housing Administration) 651 $177,215,000 $272,000 $905,000 $81,000 $311,000
VA-guaranteed (Veterans Administration) 392 $159,670,000 $407,000 $1,355,000 $112,000 $724,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 106 $20,790,000 $196,000 $385,000 $54,000 $107,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 5,226 $1,733,400,000 $331,000 $1,355,000 $131,000 $1,123,000
Application Withdrawn By Applicant 751 $275,225,000 $366,000 $22,035,000 $130,000 $1,022,000
Application Denied By Financial Institution 112 $33,330,000 $297,000 $985,000 $122,000 $1,815,000
Application Approved But Not Accepted 30 $10,240,000 $341,000 $765,000 $119,000 $415,000
File Closed For Incompleteness 1 $215,000 $215,000 $215,000 $103,000 $103,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 6,008 $2,019,080,000 $336,000 $22,035,000 $131,000 $1,123,000
Debt-To-Income Ratio 30 $8,740,000 $291,000 $515,000 $84,000 $249,000
Other 18 $6,210,000 $345,000 $985,000 $129,000 $724,000
Credit History 18 $4,090,000 $227,000 $455,000 $120,000 $357,000
Employment History 17 $5,455,000 $320,000 $845,000 $204,000 $1,815,000
Unverifiable Information 11 $4,225,000 $384,000 $885,000 $126,000 $450,000
Collateral 11 $3,215,000 $292,000 $555,000 $142,000 $289,000
Insufficient Cash (Downpayment, Closing Cost) 7 $1,395,000 $199,000 $325,000 $51,000 $67,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Apex Home Loans, Inc.'s 2020 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Apex Home Loans, Inc.'s mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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