Atlantic Home Loans, Inc. Mortgage Lending & HMDA Data, 2018

In 2018, Atlantic Home Loans, Inc. of Parsippany, NJ reported 3,466 mortgage applications totaling $818.6 million, down 1% from 2017. The average application was for $236,177, and applicants reported an average income of $101,191. 71% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Allentown-Bethlehem-Easton, PA-NJ (559), New York-Jersey City-White Plains, NY-NJ (386) and Newark, NJ-PA (340) (applications in parentheses).

Mortgage Company & Address Atlantic Home Loans, Inc.
50 Route 46
Parsippany, NJ 07054
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  
Total Number of Mortgage Applications 3,466
Total Mortgage Loan Application Amount $818,590,000
Average Mortgage Loan Application Amount $236,177
Highest Mortgage Loan Application Amount $1,615,000
Average Applicant Income $101,191
Highest Applicant Income $5,364,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Atlantic Home Loans, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Atlantic Home Loans, Inc. by County in 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Kent, Delaware 293 $ 58,745,000 $ 200,494 $ 72,000
Northampton, Pennsylvania 287 $ 54,565,000 $ 190,121 $ 85,000
Bergen, New Jersey 231 $ 90,075,000 $ 389,935 $ 157,000
New Haven, Connecticut 195 $ 42,315,000 $ 217,000 $ 99,000
Lehigh, Pennsylvania 195 $ 36,535,000 $ 187,358 $ 86,000
Monroe, Pennsylvania 179 $ 25,575,000 $ 142,877 $ 83,000
Providence, Rhode Island 132 $ 32,250,000 $ 244,318 $ 103,000
Essex, New Jersey 107 $ 37,645,000 $ 351,822 $ 145,000
Kent, Rhode Island 92 $ 21,290,000 $ 231,413 $ 84,000
Orange, Florida 87 $ 15,705,000 $ 180,517 $ 64,000
New Castle, Delaware 77 $ 16,775,000 $ 217,857 $ 76,000
Morris, New Jersey 69 $ 24,355,000 $ 352,971 $ 139,000
Union, New Jersey 65 $ 23,495,000 $ 361,461 $ 169,000
Carbon, Pennsylvania 64 $ 8,470,000 $ 132,343 $ 76,000
Passaic, New Jersey 58 $ 16,560,000 $ 285,517 $ 111,000
Newport, Rhode Island 56 $ 17,050,000 $ 304,464 $ 105,000
Atlantic, New Jersey 53 $ 7,905,000 $ 149,150 $ 67,000
Sussex, Delaware 51 $ 10,825,000 $ 212,254 $ 81,000
Miami-Dade, Florida 51 $ 16,655,000 $ 326,568 $ 109,000
Lee, Florida 50 $ 8,960,000 $ 179,200 $ 78,000
Washington, Rhode Island 40 $ 11,840,000 $ 296,000 $ 111,000
Denton, Texas 39 $ 9,165,000 $ 235,000 $ 96,000
Fairfield, Connecticut 38 $ 15,410,000 $ 405,526 $ 125,000
Somerset, New Jersey 36 $ 12,090,000 $ 335,833 $ 139,000
Cecil, Maryland 34 $ 7,760,000 $ 228,235 $ 74,000
Hudson, New Jersey 34 $ 10,980,000 $ 322,941 $ 146,000
Hamilton, Tennessee 32 $ 6,260,000 $ 195,625 $ 90,000
Broward, Florida 30 $ 8,260,000 $ 275,333 $ 90,000
Seminole, Florida 28 $ 4,970,000 $ 177,500 $ 87,000
Volusia, Florida 27 $ 3,965,000 $ 146,851 $ 52,000
Pike, Pennsylvania 26 $ 2,850,000 $ 109,615 $ 73,000
Sussex, New Jersey 25 $ 5,785,000 $ 231,400 $ 101,000
Middlesex, New Jersey 24 $ 7,670,000 $ 319,583 $ 114,000
Bucks, Pennsylvania 23 $ 6,075,000 $ 264,130 $ 121,000
Montgomery, Pennsylvania 20 $ 4,470,000 $ 223,500 $ 105,000
Middlesex, Connecticut 18 $ 4,270,000 $ 237,222 $ 107,000
Osceola, Florida 18 $ 3,600,000 $ 200,000 $ 77,000
Harford, Maryland 18 $ 3,830,000 $ 212,777 $ 72,000
Hartford, Connecticut 17 $ 3,845,000 $ 226,176 $ 79,000
Luzerne, Pennsylvania 17 $ 1,665,000 $ 97,941 $ 44,000
Lake, Florida 16 $ 3,220,000 $ 201,250 $ 70,000
Baltimore, Maryland 16 $ 3,070,000 $ 191,875 $ 69,000
Berks, Pennsylvania 16 $ 3,320,000 $ 207,500 $ 94,000
Polk, Florida 15 $ 1,875,000 $ 125,000 $ 54,000
Lackawanna, Pennsylvania 15 $ 1,855,000 $ 123,666 $ 96,000
Palm Beach, Florida 14 $ 4,550,000 $ 325,000 $ 177,000
Schuylkill, Pennsylvania 14 $ 1,290,000 $ 92,142 $ 52,000
Warren, New Jersey 13 $ 2,655,000 $ 204,230 $ 92,000
Mecklenburg, North Carolina 13 $ 2,845,000 $ 218,846 $ 102,000
Hunterdon, New Jersey 12 $ 3,720,000 $ 310,000 $ 112,000
Washington, Tennessee 12 $ 2,990,000 $ 249,166 $ 95,000
Dallas, Texas 12 $ 3,550,000 $ 295,833 $ 147,000
Camden, New Jersey 10 $ 1,970,000 $ 197,000 $ 87,000
Ocean, New Jersey 10 $ 3,960,000 $ 396,000 $ 226,000
Bristol, Rhode Island 10 $ 3,240,000 $ 324,000 $ 140,000
New London, Connecticut 9 $ 2,105,000 $ 233,888 $ 88,000
Collier, Florida 9 $ 2,835,000 $ 315,000 $ 95,000
Orange, New York 9 $ 1,975,000 $ 219,444 $ 109,000
Tarrant, Texas 9 $ 2,265,000 $ 251,666 $ 120,000
Windham, Connecticut 8 $ 1,710,000 $ 213,750 $ 75,000
Gloucester, New Jersey 8 $ 1,310,000 $ 163,750 $ 87,000
Wayne, Pennsylvania 8 $ 810,000 $ 101,250 $ 91,000
Bristol, Massachusetts 7 $ 2,385,000 $ 340,714 $ 151,000
Monmouth, New Jersey 7 $ 1,915,000 $ 273,571 $ 116,000
York, South Carolina 7 $ 1,325,000 $ 189,285 $ 129,000
Hillsborough, Florida 6 $ 1,870,000 $ 311,666 $ 141,000
Baltimore City, Maryland 6 $ 1,690,000 $ 281,666 $ 134,000
Union, North Carolina 6 $ 1,230,000 $ 205,000 $ 102,000
Chester, Pennsylvania 6 $ 1,410,000 $ 235,000 $ 107,000
Bradley, Tennessee 6 $ 1,150,000 $ 191,666 $ 72,000
Sullivan, Tennessee 6 $ 950,000 $ 158,333 $ 59,000
Collin, Texas 6 $ 1,470,000 $ 245,000 $ 92,000
Franklin, Texas 6 $ 1,950,000 $ 325,000 $ 478,000
Cape May, New Jersey 5 $ 895,000 $ 179,000 $ 141,000
Richmond, New York 5 $ 2,105,000 $ 421,000 $ 104,000
Fairfax, Virginia 5 $ 1,805,000 $ 361,000 $ 91,000
Litchfield, Connecticut 4 $ 780,000 $ 195,000 $ 90,000
Flagler, Florida 4 $ 640,000 $ 160,000 $ 39,000
Pinellas, Florida 4 $ 610,000 $ 152,500 $ 126,000
Montgomery, Maryland 4 $ 1,210,000 $ 302,500 $ 239,000
Burlington, New Jersey 4 $ 520,000 $ 130,000 $ 148,000
Mercer, New Jersey 4 $ 1,150,000 $ 287,500 $ 181,000
Rockland, New York 4 $ 1,350,000 $ 337,500 $ 236,000
Ellis, Texas 4 $ 750,000 $ 187,500 $ 150,000
Charlotte, Florida 3 $ 635,000 $ 211,666 $ 158,000
Hendry, Florida 3 $ 515,000 $ 171,666 $ 47,000
Manatee, Florida 3 $ 535,000 $ 178,333 $ 70,000
Marion, Florida 3 $ 365,000 $ 121,666 $ 43,000
Pasco, Florida 3 $ 715,000 $ 238,333 $ 103,000
Catoosa, Georgia 3 $ 645,000 $ 215,000 $ 76,000
Walker, Georgia 3 $ 365,000 $ 121,666 $ 45,000
Anne Arundel, Maryland 3 $ 1,115,000 $ 371,666 $ 152,000
Carroll, Maryland 3 $ 585,000 $ 195,000 $ 90,000
Washington, Maryland 3 $ 1,125,000 $ 375,000 $ 99,000
Wicomico, Maryland 3 $ 475,000 $ 158,333 $ 89,000
Hampden, Massachusetts 3 $ 385,000 $ 128,333 $ 65,000
Cumberland, New Jersey 3 $ 395,000 $ 131,666 $ 61,000
Philadelphia, Pennsylvania 3 $ 185,000 $ 61,666 $ 62,000
Chester, South Carolina 3 $ 315,000 $ 105,000 $ 32,000
Carter, Tennessee 3 $ 455,000 $ 151,666 $ 50,000
Kaufman, Texas 3 $ 645,000 $ 215,000 $ 63,000
Bristol, Virginia 3 $ 235,000 $ 78,333 $ 33,000
District of Columbia, District Of Columbia 2 $ 440,000 $ 220,000 $ 60,000
Jefferson, Florida 2 $ 150,000 $ 75,000 $ 88,000
Sarasota, Florida 2 $ 370,000 $ 185,000 $ 55,000
Monroe, Georgia 2 $ 210,000 $ 105,000 $ 53,000
Jefferson, Louisiana 2 $ 300,000 $ 150,000 $ 49,000
Kent, Maryland 2 $ 490,000 $ 245,000 $ 76,000
Queen Anne's, Maryland 2 $ 640,000 $ 320,000 $ 110,000
Worcester, Maryland 2 $ 370,000 $ 185,000 $ 125,000
Middlesex, Massachusetts 2 $ 900,000 $ 450,000 $ 114,000
Norfolk, Massachusetts 2 $ 480,000 $ 240,000 $ 177,000
Kings, New York 2 $ 1,270,000 $ 635,000 $ 185,000
Durham, North Carolina 2 $ 230,000 $ 115,000 $ 79,000
New Hanover, North Carolina 2 $ 510,000 $ 255,000 $ 131,000
Bradford, Pennsylvania 2 $ 240,000 $ 120,000 $ 100,000
Delaware, Pennsylvania 2 $ 260,000 $ 130,000 $ 44,000
Wyoming, Pennsylvania 2 $ 240,000 $ 120,000 $ 76,000
Lancaster, South Carolina 2 $ 260,000 $ 130,000 $ 38,000
Hawkins, Tennessee 2 $ 390,000 $ 195,000 $ 63,000
Montgomery, Texas 2 $ 460,000 $ 230,000 $ 140,000
Wise, Texas 2 $ 390,000 $ 195,000 $ 91,000
Alleghany, Virginia 2 $ 190,000 $ 95,000 $ 54,000
Tolland, Connecticut 1 $ 135,000 $ 135,000 $ 87,000
Brevard, Florida 1 $ 235,000 $ 235,000 $ 67,000
Escambia, Florida 1 $ 125,000 $ 125,000 $ 31,000
Martin, Florida 1 $ 115,000 $ 115,000 $ 137,000
St. Lucie, Florida 1 $ 95,000 $ 95,000 $ 30,000
Bulloch, Georgia 1 $ 85,000 $ 85,000 $ 121,000
Chatham, Georgia 1 $ 215,000 $ 215,000 $ 70,000
Cobb, Georgia 1 $ 225,000 $ 225,000 $ 108,000
DeKalb, Georgia 1 $ 135,000 $ 135,000 $ 19,000
Paulding, Georgia 1 $ 115,000 $ 115,000 $ 58,000
Twiggs, Georgia 1 $ 145,000 $ 145,000 $ 36,000
Calvert, Maryland 1 $ 205,000 $ 205,000 $ 59,000
Caroline, Maryland 1 $ 205,000 $ 205,000 $ 132,000
Charles, Maryland 1 $ 295,000 $ 295,000 $ 62,000
Frederick, Maryland 1 $ 245,000 $ 245,000 $ 187,000
Prince George's, Maryland 1 $ 225,000 $ 225,000 $ 68,000
Essex, Massachusetts 1 $ 245,000 $ 245,000 $ 140,000
Franklin, Massachusetts 1 $ 365,000 $ 365,000 $ 133,000
Plymouth, Massachusetts 1 $ 365,000 $ 365,000 $ 116,000
Worcester, Massachusetts 1 $ 305,000 $ 305,000 $ 216,000
Salem, New Jersey 1 $ 145,000 $ 145,000 $ 67,000
Delaware, New York 1 $ 75,000 $ 75,000 $ 129,000
New York, New York 1 $ 415,000 $ 415,000 $ 209,000
Putnam, New York 1 $ 505,000 $ 505,000 $ 180,000
Saratoga, New York 1 $ 295,000 $ 295,000 $ 170,000
Westchester, New York 1 $ 435,000 $ 435,000 $ 171,000
Catawba, North Carolina 1 $ 1,005,000 $ 1,005,000 $ 5,364,000
Gaston, North Carolina 1 $ 105,000 $ 105,000 $ 63,000
Granville, North Carolina 1 $ 85,000 $ 85,000 $ 124,000
Lincoln, North Carolina 1 $ 75,000 $ 75,000 $ 26,000
Moore, North Carolina 1 $ 65,000 $ 65,000 $ 63,000
Rowan, North Carolina 1 $ 175,000 $ 175,000 $ 65,000
Centre, Pennsylvania 1 $ 135,000 $ 135,000 $ 141,000
Lancaster, Pennsylvania 1 $ 215,000 $ 215,000 $ 91,000
Lebanon, Pennsylvania 1 $ 245,000 $ 245,000 $ 78,000
Potter, Pennsylvania 1 $ 85,000 $ 85,000 $ 48,000
Susquehanna, Pennsylvania 1 $ 105,000 $ 105,000 $ 62,000
Tioga, Pennsylvania 1 $ 95,000 $ 95,000 $ 160,000
York, Pennsylvania 1 $ 205,000 $ 205,000 $ 50,000
Horry, South Carolina 1 $ 325,000 $ 325,000 $ 159,000
McCormick, South Carolina 1 $ 125,000 $ 125,000 $ 53,000
Union, South Carolina 1 $ 85,000 $ 85,000 $ 50,000
Greene, Tennessee 1 $ 155,000 $ 155,000 $ 56,000
Johnson, Tennessee 1 $ 95,000 $ 95,000 $ 34,000
Rhea, Tennessee 1 $ 305,000 $ 305,000 $ 153,000
Sumner, Tennessee 1 $ 145,000 $ 145,000 $ 99,000
Unicoi, Tennessee 1 $ 85,000 $ 85,000 $ 72,000
Grayson, Texas 1 $ 165,000 $ 165,000 $ 108,000
Harris, Texas 1 $ 155,000 $ 155,000 $ 93,000
Hays, Texas 1 $ 375,000 $ 375,000 $ 130,000
Travis, Texas 1 $ 195,000 $ 195,000 $ 317,000
Walker, Texas 1 $ 225,000 $ 225,000 $ 117,000
Alexandria, Virginia 1 $ 375,000 $ 375,000 $ 95,000
Chesapeake, Virginia 1 $ 315,000 $ 315,000 $ 178,000
Chesterfield, Virginia 1 $ 475,000 $ 475,000 $ 108,000
Fauquier, Virginia 1 $ 335,000 $ 335,000 $ 120,000
Lynchburg, Virginia 1 $ 125,000 $ 125,000 $ 505,000
Rockingham, Virginia 1 $ 225,000 $ 225,000 $ 120,000
Spotsylvania, Virginia 1 $ 345,000 $ 345,000 $ 68,000
Washington, Virginia 1 $ 145,000 $ 145,000 $ 43,000

Mortgage Loan Application Detail Totals for Atlantic Home Loans, Inc. in 2018

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
Home Purchase 3,041 $715,675,000 $235,000 $1,325,000 $100,000 $5,364,000
Cash-out Refinancing 274 $65,410,000 $238,000 $1,615,000 $109,000 $1,606,000
Refinancing 150 $37,400,000 $249,000 $715,000 $111,000 $1,330,000
Not Applicable 1 $105,000 $105,000 $105,000 $114,000 $114,000
Other Purpose 0 $0 $0 $0 $0 $0
Home Improvement 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 2,146 $494,020,000 $230,000 $1,325,000 $103,000 $5,364,000
Not Provided 450 $136,020,000 $302,000 $1,175,000 $127,000 $2,229,000
Hispanic 383 $84,055,000 $219,000 $1,315,000 $84,000 $1,450,000
Black or African American 367 $71,005,000 $193,000 $535,000 $72,000 $332,000
Asian 101 $28,875,000 $285,000 $1,615,000 $123,000 $460,000
American Indian or Alaskan Native 8 $1,470,000 $183,000 $275,000 $63,000 $118,000
Native Hawaiian or Other Pacific Islander 4 $770,000 $192,000 $225,000 $105,000 $205,000
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) 2,072 $517,770,000 $249,000 $1,615,000 $120,000 $5,364,000
FHA-insured (Federal Housing Administration) 1,070 $223,900,000 $209,000 $635,000 $73,000 $1,330,000
VA-guaranteed (Veterans Administration) 217 $57,575,000 $265,000 $1,055,000 $84,000 $255,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 107 $19,345,000 $180,000 $305,000 $58,000 $96,000

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 2,476 $573,920,000 $231,000 $1,055,000 $100,000 $2,229,000
Application Withdrawn By Applicant 762 $192,350,000 $252,000 $1,615,000 $110,000 $5,364,000
Application Denied By Financial Institution 163 $38,005,000 $233,000 $1,325,000 $83,000 $378,000
Application Approved But Not Accepted 50 $11,140,000 $222,000 $505,000 $105,000 $374,000
File Closed For Incompleteness 15 $3,175,000 $211,000 $625,000 $88,000 $258,000
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 3,303 $780,585,000 $236,000 $1,615,000 $102,000 $5,364,000
Debt-To-Income Ratio 55 $15,585,000 $283,000 $1,325,000 $64,000 $378,000
Collateral 41 $8,405,000 $205,000 $595,000 $96,000 $279,000
Credit History 34 $7,820,000 $230,000 $545,000 $88,000 $204,000
Insufficient Cash (Downpayment, Closing Cost) 17 $3,015,000 $177,000 $355,000 $88,000 $187,000
Unverifiable Information 8 $1,650,000 $206,000 $305,000 $63,000 $188,000
Other 7 $1,425,000 $203,000 $505,000 $159,000 $367,000
Employment History 1 $105,000 $105,000 $105,000 $24,000 $24,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Atlantic Home Loans, Inc.'s 2018 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 Atlantic 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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