Financial Freedom Mortgage, Llc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Financial Freedom Mortgage, Llc 2020 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Financial Freedom Mortgage, Llc 875 Route 73 North Suite F Mount Laurel, NJ 08053 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 |
| Total Number of Mortgage Applications | 3,200 |
| Total Mortgage Loan Application Amount | $874,870,000 |
| Average Mortgage Loan Application Amount | $285,750 |
| Highest Mortgage Loan Application Amount | $1,655,000 |
| Average Applicant Income | $102,750 |
| Highest Applicant Income | $952,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Financial Freedom Mortgage, Llc. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Financial Freedom Mortgage, Llc's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Financial Freedom Mortgage, Llc's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Financial Freedom Mortgage, Llc serves its applicants.
Each category highlights the total number of mortgage applications processed by Financial Freedom Mortgage, Llc, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Financial Freedom Mortgage, Llc's mortgage activity for 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Prince George's County Maryland | 179 | $ 54,575,000 | $ 304,000 | $ 90,000 |
| Baltimore County Maryland | 90 | $ 22,260,000 | $ 247,000 | $ 86,000 |
| Middlesex County New Jersey | 88 | $ 25,840,000 | $ 293,000 | $ 111,000 |
| Bergen County New Jersey | 79 | $ 27,295,000 | $ 345,000 | $ 121,000 |
| Ocean County New Jersey | 78 | $ 18,520,000 | $ 237,000 | $ 77,000 |
| Burlington County New Jersey | 74 | $ 16,650,000 | $ 225,000 | $ 100,000 |
| Monmouth County New Jersey | 74 | $ 23,770,000 | $ 321,000 | $ 109,000 |
| Anne Arundel County Maryland | 73 | $ 21,695,000 | $ 297,000 | $ 82,000 |
| Montgomery County Maryland | 67 | $ 25,335,000 | $ 378,000 | $ 121,000 |
| Essex County New Jersey | 58 | $ 17,820,000 | $ 307,000 | $ 114,000 |
| Palm Beach County Florida | 54 | $ 13,060,000 | $ 241,000 | $ 79,000 |
| Broward County Florida | 52 | $ 13,540,000 | $ 260,000 | $ 73,000 |
| New Castle County Delaware | 49 | $ 10,955,000 | $ 223,000 | $ 82,000 |
| Camden County New Jersey | 49 | $ 11,525,000 | $ 235,000 | $ 118,000 |
| Morris County New Jersey | 48 | $ 16,030,000 | $ 333,000 | $ 118,000 |
| Union County New Jersey | 47 | $ 13,435,000 | $ 285,000 | $ 109,000 |
| Miami-Dade County Florida | 44 | $ 12,000,000 | $ 272,000 | $ 84,000 |
| Howard County Maryland | 40 | $ 15,600,000 | $ 390,000 | $ 126,000 |
| Somerset County New Jersey | 39 | $ 12,985,000 | $ 332,000 | $ 106,000 |
| Hillsborough County Florida | 34 | $ 6,750,000 | $ 198,000 | $ 64,000 |
| Orange County Florida | 34 | $ 7,830,000 | $ 230,000 | $ 72,000 |
| Passaic County New Jersey | 34 | $ 9,980,000 | $ 293,000 | $ 102,000 |
| Gloucester County New Jersey | 33 | $ 7,065,000 | $ 214,000 | $ 106,000 |
| Sussex County Delaware | 31 | $ 7,675,000 | $ 247,000 | $ 70,000 |
| Pinellas County Florida | 28 | $ 6,710,000 | $ 239,000 | $ 80,000 |
| Mercer County New Jersey | 28 | $ 7,030,000 | $ 251,000 | $ 111,000 |
| Harford County Maryland | 26 | $ 7,080,000 | $ 272,000 | $ 94,000 |
| Frederick County Maryland | 24 | $ 7,270,000 | $ 302,000 | $ 87,000 |
| Hudson County New Jersey | 24 | $ 8,040,000 | $ 335,000 | $ 90,000 |
| Charles County Maryland | 23 | $ 6,645,000 | $ 288,000 | $ 83,000 |
| Brevard County Florida | 22 | $ 4,770,000 | $ 216,000 | $ 74,000 |
| Baltimore City County Maryland | 22 | $ 4,320,000 | $ 196,000 | $ 77,000 |
| Kent County Delaware | 21 | $ 4,775,000 | $ 227,000 | $ 64,000 |
| Duval County Florida | 21 | $ 4,245,000 | $ 202,000 | $ 57,000 |
| Volusia County Florida | 21 | $ 4,025,000 | $ 191,000 | $ 59,000 |
| Lee County Florida | 20 | $ 5,320,000 | $ 266,000 | $ 77,000 |
| Carroll County Maryland | 20 | $ 5,980,000 | $ 299,000 | $ 91,000 |
| Atlantic County New Jersey | 18 | $ 4,560,000 | $ 253,000 | $ 105,000 |
| Polk County Florida | 17 | $ 3,075,000 | $ 180,000 | $ 63,000 |
| Cape May County New Jersey | 17 | $ 4,565,000 | $ 268,000 | $ 80,000 |
| Hunterdon County New Jersey | 17 | $ 6,045,000 | $ 355,000 | $ 119,000 |
| St. Lucie County Florida | 16 | $ 3,570,000 | $ 223,000 | $ 77,000 |
| Cecil County Maryland | 16 | $ 3,740,000 | $ 233,000 | $ 95,000 |
| Lake County Florida | 15 | $ 3,455,000 | $ 230,000 | $ 73,000 |
| Manatee County Florida | 15 | $ 4,185,000 | $ 279,000 | $ 75,000 |
| Collier County Florida | 14 | $ 3,650,000 | $ 260,000 | $ 79,000 |
| Seminole County Florida | 14 | $ 2,910,000 | $ 207,000 | $ 61,000 |
| Sussex County New Jersey | 14 | $ 3,970,000 | $ 283,000 | $ 155,000 |
| Cumberland County New Jersey | 13 | $ 2,285,000 | $ 175,000 | $ 64,000 |
| Pasco County Florida | 12 | $ 2,440,000 | $ 203,000 | $ 48,000 |
| Escambia County Florida | 11 | $ 2,765,000 | $ 251,000 | $ 79,000 |
| Osceola County Florida | 11 | $ 2,165,000 | $ 196,000 | $ 63,000 |
| Calvert County Maryland | 11 | $ 3,005,000 | $ 273,000 | $ 158,000 |
| St. Mary's County Maryland | 11 | $ 2,615,000 | $ 237,000 | $ 105,000 |
| Washington County Maryland | 10 | $ 2,440,000 | $ 244,000 | $ 69,000 |
| Salem County New Jersey | 10 | $ 1,920,000 | $ 192,000 | $ 95,000 |
| Charlotte County Florida | 9 | $ 1,935,000 | $ 215,000 | $ 97,000 |
| Sarasota County Florida | 8 | $ 2,300,000 | $ 287,000 | $ 73,000 |
| Worcester County Maryland | 8 | $ 1,550,000 | $ 193,000 | $ 78,000 |
| Santa Rosa County Florida | 7 | $ 1,755,000 | $ 250,000 | $ 97,000 |
| St. Johns County Florida | 7 | $ 1,505,000 | $ 215,000 | $ 78,000 |
| Caroline County Maryland | 7 | $ 1,415,000 | $ 202,000 | $ 62,000 |
| Queen Anne's County Maryland | 7 | $ 2,115,000 | $ 302,000 | $ 87,000 |
| Bay County Florida | 6 | $ 1,080,000 | $ 180,000 | $ 60,000 |
| Clay County Florida | 6 | $ 1,340,000 | $ 223,000 | $ 44,000 |
| Marion County Florida | 6 | $ 870,000 | $ 145,000 | $ 44,000 |
| Warren County New Jersey | 6 | $ 1,310,000 | $ 218,000 | $ 71,000 |
| Hernando County Florida | 5 | $ 1,115,000 | $ 223,000 | $ 95,000 |
| Walton County Florida | 5 | $ 1,105,000 | $ 221,000 | $ 43,000 |
| Flagler County Florida | 4 | $ 900,000 | $ 225,000 | $ 95,000 |
| Highlands County Florida | 4 | $ 720,000 | $ 180,000 | $ 50,000 |
| Indian River County Florida | 4 | $ 850,000 | $ 212,000 | $ 55,000 |
| Leon County Florida | 4 | $ 780,000 | $ 195,000 | $ 72,000 |
| Dorchester County Maryland | 4 | $ 1,360,000 | $ 340,000 | $ 64,000 |
| Wicomico County Maryland | 4 | $ 620,000 | $ 155,000 | $ 64,000 |
| Citrus County Florida | 3 | $ 745,000 | $ 248,000 | $ 47,000 |
| Monroe County Florida | 3 | $ 795,000 | $ 265,000 | $ 61,000 |
| Talbot County Maryland | 3 | $ 615,000 | $ 205,000 | $ 51,000 |
| Alachua County Florida | 2 | $ 570,000 | $ 285,000 | $ 68,000 |
| Columbia County Florida | 2 | $ 360,000 | $ 180,000 | $ 42,000 |
| Martin County Florida | 2 | $ 680,000 | $ 340,000 | $ 83,000 |
| Okaloosa County Florida | 2 | $ 350,000 | $ 175,000 | $ 57,000 |
| Sumter County Florida | 2 | $ 430,000 | $ 215,000 | $ 92,000 |
| Suwannee County Florida | 2 | $ 310,000 | $ 155,000 | $ 44,000 |
| Kent County Maryland | 2 | $ 330,000 | $ 165,000 | $ 35,000 |
| Somerset County Maryland | 2 | $ 430,000 | $ 215,000 | $ 97,000 |
| Franklin County Florida | 1 | $ 165,000 | $ 165,000 | $ 71,000 |
| Glades County Florida | 1 | $ 85,000 | $ 85,000 | $ 23,000 |
| Hardee County Florida | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Holmes County Florida | 1 | $ 75,000 | $ 75,000 | $ 30,000 |
| Jackson County Florida | 1 | $ 235,000 | $ 235,000 | $ 46,000 |
| Lafayette County Florida | 1 | $ 245,000 | $ 245,000 | $ 106,000 |
| Levy County Florida | 1 | $ 135,000 | $ 135,000 | $ 84,000 |
| Nassau County Florida | 1 | $ 135,000 | $ 135,000 | $ 66,000 |
| Garrett County Maryland | 1 | $ 225,000 | $ 225,000 | $ 0 |
Mortgage Loan Application Detail Totals for Financial Freedom Mortgage, Llc 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 |
|---|---|---|---|---|---|---|
| Cash-out Refinancing | 2,273 | $611,705,000 | $269,000 | $1,215,000 | $88,000 | $952,000 |
| Refinancing | 907 | $257,425,000 | $283,000 | $1,655,000 | $103,000 | $900,000 |
| Home Purchase | 19 | $5,435,000 | $286,000 | $495,000 | $120,000 | $429,000 |
| Other Purpose | 1 | $305,000 | $305,000 | $305,000 | $100,000 | $100,000 |
| Not Applicable | 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 | 2,121 | $579,665,000 | $273,000 | $1,255,000 | $95,000 | $952,000 |
| Black or African American | 537 | $139,215,000 | $259,000 | $795,000 | $81,000 | $744,000 |
| Hispanic | 355 | $95,115,000 | $267,000 | $905,000 | $83,000 | $875,000 |
| Asian | 99 | $32,495,000 | $328,000 | $835,000 | $112,000 | $470,000 |
| American Indian or Alaskan Native | 65 | $21,845,000 | $336,000 | $1,655,000 | $108,000 | $360,000 |
| Native Hawaiian or Other Pacific Islander | 19 | $5,605,000 | $295,000 | $715,000 | $86,000 | $200,000 |
| Not Provided | 4 | $930,000 | $232,000 | $305,000 | $67,000 | $87,000 |
| 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 1,531 | $404,135,000 | $263,000 | $635,000 | $82,000 | $952,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,445 | $404,085,000 | $279,000 | $1,655,000 | $104,000 | $900,000 |
| VA-guaranteed (Veterans Administration) | 219 | $65,495,000 | $299,000 | $1,025,000 | $82,000 | $450,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 5 | $1,155,000 | $231,000 | $315,000 | $120,000 | $240,000 |
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 |
|---|---|---|---|---|---|---|
| Application Withdrawn By Applicant | 2,289 | $630,475,000 | $275,000 | $1,655,000 | $92,000 | $952,000 |
| Loan Originated | 861 | $230,785,000 | $268,000 | $695,000 | $92,000 | $593,000 |
| Application Approved But Not Accepted | 42 | $11,440,000 | $272,000 | $505,000 | $90,000 | $375,000 |
| Application Denied By Financial Institution | 8 | $2,170,000 | $271,000 | $615,000 | $116,000 | $225,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 3,192 | $872,700,000 | $273,000 | $1,655,000 | $92,000 | $952,000 |
| Debt-To-Income Ratio | 5 | $1,485,000 | $297,000 | $615,000 | $126,000 | $225,000 |
| Employment History | 2 | $390,000 | $195,000 | $205,000 | $111,000 | $146,000 |
| Credit History | 1 | $295,000 | $295,000 | $295,000 | $78,000 | $78,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Financial Freedom Mortgage, Llc'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 Financial Freedom Mortgage, Llc'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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with aggregated HMDA statistics today.