Mde Home Loans LLC Mortgage Lending & HMDA Data, 2017

In 2017, Mde Home Loans LLC of Tinton Falls, NJ reported 386 mortgage applications totaling $117.9 million, down 3% from 2016. The average application was for $305,461, and applicants reported an average income of $115,409. 71% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Camden, NJ (85), Wilmington, DE-MD-NJ (85) and New York-Jersey City-White Plains, NY-NJ (61) (applications in parentheses).

Mortgage Company & Address Mde Home Loans LLC
766 Shrewsbury Avenue
Tinton Falls, NJ 07724
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  
Total Number of Mortgage Applications 386
Total Mortgage Loan Application Amount $117,908,000
Average Mortgage Loan Application Amount $305,461
Highest Mortgage Loan Application Amount $1,659,000
Average Applicant Income $115,409
Highest Applicant Income $600,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mde Home Loans LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Mde Home Loans LLC by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
New Castle, Delaware 85 $ 23,773,000 $ 279,682 $ 81,000
Gloucester, New Jersey 45 $ 9,238,000 $ 205,288 $ 109,000
Delaware, Pennsylvania 35 $ 11,116,000 $ 317,600 $ 137,000
Burlington, New Jersey 30 $ 8,637,000 $ 287,900 $ 133,000
Middlesex, New Jersey 23 $ 9,755,000 $ 424,130 $ 133,000
Ocean, New Jersey 19 $ 4,800,000 $ 252,631 $ 92,000
Monmouth, New Jersey 16 $ 5,761,000 $ 360,062 $ 159,000
Atlantic, New Jersey 14 $ 2,821,000 $ 201,500 $ 92,000
Camden, New Jersey 10 $ 1,474,000 $ 147,400 $ 100,000
Bucks, Pennsylvania 10 $ 4,092,000 $ 409,200 $ 114,000
Montgomery, Pennsylvania 7 $ 2,196,000 $ 313,714 $ 108,000
Fulton, Georgia 6 $ 1,756,000 $ 292,666 $ 94,000
Morris, New Jersey 6 $ 2,514,000 $ 419,000 $ 200,000
Chester, Pennsylvania 6 $ 2,146,000 $ 357,666 $ 158,000
Baltimore, Maryland 5 $ 1,425,000 $ 285,000 $ 108,000
Prince George's, Maryland 5 $ 1,511,000 $ 302,200 $ 87,000
Union, New Jersey 5 $ 1,570,000 $ 314,000 $ 147,000
Kent, Delaware 4 $ 1,102,000 $ 275,500 $ 67,000
Orange, Florida 4 $ 1,669,000 $ 417,250 $ 134,000
Howard, Maryland 4 $ 1,643,000 $ 410,750 $ 116,000
Mercer, New Jersey 4 $ 881,000 $ 220,250 $ 77,000
Somerset, New Jersey 4 $ 3,278,000 $ 819,500 $ 322,000
Philadelphia, Pennsylvania 4 $ 790,000 $ 197,500 $ 103,000
Dutchess, New York 3 $ 1,511,000 $ 503,666 $ 112,000
Loudoun, Virginia 3 $ 1,560,000 $ 520,000 $ 221,000
Barrow, Georgia 2 $ 456,000 $ 228,000 $ 56,000
Gwinnett, Georgia 2 $ 574,000 $ 287,000 $ 86,000
Charles, Maryland 2 $ 520,000 $ 260,000 $ 48,000
Cape May, New Jersey 2 $ 580,000 $ 290,000 $ 219,000
Buckingham, Virginia 2 $ 560,000 $ 280,000 $ 104,000
Spotsylvania, Virginia 2 $ 498,000 $ 249,000 $ 81,000
Fairfield, Connecticut 1 $ 262,000 $ 262,000 $ 59,000
Lee, Florida 1 $ 188,000 $ 188,000 $ 200,000
Palm Beach, Florida 1 $ 1,659,000 $ 1,659,000 $ 600,000
Henry, Georgia 1 $ 265,000 $ 265,000 $ 53,000
Newton, Georgia 1 $ 249,000 $ 249,000 $ 104,000
Calvert, Maryland 1 $ 193,000 $ 193,000 $ 78,000
Essex, New Jersey 1 $ 506,000 $ 506,000 $ 201,000
Hudson, New Jersey 1 $ 1,107,000 $ 1,107,000 $ 312,000
Hunterdon, New Jersey 1 $ 572,000 $ 572,000 $ 241,000
Passaic, New Jersey 1 $ 525,000 $ 525,000 $ 192,000
Warren, New Jersey 1 $ 307,000 $ 307,000 $ 85,000
New York, New York 1 $ 400,000 $ 400,000 $ 190,000
Mecklenburg, North Carolina 1 $ 79,000 $ 79,000 $ 35,000
Wayne, Pennsylvania 1 $ 44,000 $ 44,000 $ 90,000
Fairfax, Virginia 1 $ 615,000 $ 615,000 $ 132,000
Orange, Virginia 1 $ 324,000 $ 324,000 $ 79,000
Prince William, Virginia 1 $ 406,000 $ 406,000 $ 96,000

Mortgage Loan Application Detail Totals for Mde Home Loans LLC in 2017

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 343 $105,281,000 $306,000 $1,659,000 $114,000 $600,000
Refinancing 39 $10,964,000 $281,000 $525,000 $118,000 $332,000
Home Improvement 4 $1,663,000 $415,000 $636,000 $211,000 $493,000

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 208 $60,058,000 $288,000 $1,659,000 $128,000 $600,000
Black or African American 91 $27,183,000 $298,000 $863,000 $83,000 $234,000
Asian 54 $22,270,000 $412,000 $1,107,000 $140,000 $490,000
Hispanic 28 $6,952,000 $248,000 $506,000 $77,000 $201,000
Not Provided 3 $905,000 $301,000 $322,000 $172,000 $264,000
American Indian or Alaskan Native 1 $299,000 $299,000 $299,000 $79,000 $79,000
Native Hawaiian or Other Pacific Islander 1 $241,000 $241,000 $241,000 $44,000 $44,000
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) 206 $68,028,000 $330,000 $1,659,000 $143,000 $600,000
FHA-insured (Federal Housing Administration) 151 $40,984,000 $271,000 $615,000 $83,000 $534,000
VA-guaranteed (Veterans Administration) 25 $7,716,000 $308,000 $547,000 $91,000 $228,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $1,180,000 $295,000 $419,000 $65,000 $83,000

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 273 $82,061,000 $300,000 $1,659,000 $116,000 $600,000
Application Withdrawn By Applicant 76 $24,793,000 $326,000 $1,107,000 $116,000 $385,000
Application Denied By Financial Institution 25 $6,642,000 $265,000 $980,000 $92,000 $276,000
File Closed For Incompleteness 11 $4,029,000 $366,000 $636,000 $158,000 $493,000
Application Approved But Not Accepted 1 $383,000 $383,000 $383,000 $194,000 $194,000
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Mde Home Loans LLC's 2017 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 Mde Home Loans 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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