Mde Home Loans LLC Mortgage Lending & HMDA Data, 2018

In 2018, Mde Home Loans LLC of Tinton Falls, NJ reported 532 mortgage applications totaling $170.2 million, up 38% from 2017. The average application was for $319,981, and applicants reported an average income of $124,199. 75% of its applications resulted in an originated loan and 4% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (178), Camden, NJ (86) and Atlanta-Sandy Springs-Roswell, GA (73) (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 532
Total Mortgage Loan Application Amount $170,230,000
Average Mortgage Loan Application Amount $319,981
Highest Mortgage Loan Application Amount $955,000
Average Applicant Income $124,199
Highest Applicant Income $963,000

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Act (HMDA) records Mde Home Loans LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Ocean, New Jersey 87 $ 23,275,000 $ 267,528 $ 109,000
Middlesex, New Jersey 58 $ 21,660,000 $ 373,448 $ 168,000
Burlington, New Jersey 51 $ 13,815,000 $ 270,882 $ 128,000
Chester, Pennsylvania 47 $ 17,085,000 $ 363,510 $ 137,000
New Castle, Delaware 30 $ 10,090,000 $ 336,333 $ 82,000
Gloucester, New Jersey 30 $ 6,450,000 $ 215,000 $ 115,000
Monmouth, New Jersey 30 $ 11,900,000 $ 396,666 $ 158,000
Atlantic, New Jersey 25 $ 5,555,000 $ 222,200 $ 83,000
Newton, Georgia 15 $ 3,935,000 $ 262,333 $ 81,000
Fulton, Georgia 13 $ 3,755,000 $ 288,846 $ 91,000
Delaware, Pennsylvania 13 $ 5,995,000 $ 461,153 $ 220,000
Paulding, Georgia 12 $ 3,670,000 $ 305,833 $ 102,000
Orange, Florida 10 $ 3,640,000 $ 364,000 $ 112,000
Gwinnett, Georgia 8 $ 2,420,000 $ 302,500 $ 79,000
Henry, Georgia 8 $ 2,400,000 $ 300,000 $ 89,000
Prince George's, Maryland 7 $ 3,745,000 $ 535,000 $ 162,000
Bucks, Pennsylvania 7 $ 2,615,000 $ 373,571 $ 97,000
Montgomery, Pennsylvania 7 $ 2,775,000 $ 396,428 $ 183,000
Forsyth, Georgia 6 $ 2,190,000 $ 365,000 $ 102,000
Camden, New Jersey 5 $ 945,000 $ 189,000 $ 79,000
Cobb, Georgia 4 $ 1,200,000 $ 300,000 $ 95,000
York, Pennsylvania 4 $ 1,100,000 $ 275,000 $ 111,000
Palm Beach, Florida 3 $ 1,615,000 $ 538,333 $ 388,000
Essex, New Jersey 3 $ 1,025,000 $ 341,666 $ 86,000
Stanly, North Carolina 3 $ 575,000 $ 191,666 $ 53,000
Lehigh, Pennsylvania 3 $ 1,185,000 $ 395,000 $ 130,000
Kent, Delaware 2 $ 400,000 $ 200,000 $ 34,000
Clayton, Georgia 2 $ 460,000 $ 230,000 $ 65,000
Hall, Georgia 2 $ 510,000 $ 255,000 $ 82,000
Hudson, New Jersey 2 $ 810,000 $ 405,000 $ 170,000
Morris, New Jersey 2 $ 1,040,000 $ 520,000 $ 113,000
Union, New Jersey 2 $ 850,000 $ 425,000 $ 83,000
Wake, North Carolina 2 $ 1,210,000 $ 605,000 $ 158,000
Philadelphia, Pennsylvania 2 $ 510,000 $ 255,000 $ 170,000
Fairfax, Virginia 2 $ 1,200,000 $ 600,000 $ 131,000
District of Columbia, District Of Columbia 1 $ 675,000 $ 675,000 $ 291,000
Collier, Florida 1 $ 455,000 $ 455,000 $ 132,000
Butts, Georgia 1 $ 105,000 $ 105,000 $ 24,000
Cherokee, Georgia 1 $ 345,000 $ 345,000 $ 46,000
DeKalb, Georgia 1 $ 365,000 $ 365,000 $ 85,000
Douglas, Georgia 1 $ 155,000 $ 155,000 $ 63,000
Fayette, Georgia 1 $ 385,000 $ 385,000 $ 137,000
Harford, Maryland 1 $ 635,000 $ 635,000 $ 184,000
Howard, Maryland 1 $ 435,000 $ 435,000 $ 93,000
Montgomery, Maryland 1 $ 655,000 $ 655,000 $ 478,000
Cape May, New Jersey 1 $ 295,000 $ 295,000 $ 319,000
Hunterdon, New Jersey 1 $ 455,000 $ 455,000 $ 236,000
Mercer, New Jersey 1 $ 235,000 $ 235,000 $ 69,000
Passaic, New Jersey 1 $ 245,000 $ 245,000 $ 125,000
Salem, New Jersey 1 $ 185,000 $ 185,000 $ 64,000
Somerset, New Jersey 1 $ 345,000 $ 345,000 $ 76,000
Warren, New Jersey 1 $ 165,000 $ 165,000 $ 157,000
Cabarrus, North Carolina 1 $ 355,000 $ 355,000 $ 120,000
Gaston, North Carolina 1 $ 85,000 $ 85,000 $ 94,000
Adams, Pennsylvania 1 $ 435,000 $ 435,000 $ 269,000
Berks, Pennsylvania 1 $ 455,000 $ 455,000 $ 123,000
Lancaster, Pennsylvania 1 $ 465,000 $ 465,000 $ 84,000
Goochland, Virginia 1 $ 205,000 $ 205,000 $ 58,000
Henrico, Virginia 1 $ 335,000 $ 335,000 $ 85,000
Virginia Beach, Virginia 1 $ 155,000 $ 155,000 $ 154,000

Mortgage Loan Application Detail Totals for Mde Home Loans LLC 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 504 $162,250,000 $321,000 $955,000 $125,000 $963,000
Refinancing 26 $7,220,000 $277,000 $625,000 $108,000 $284,000
Home Improvement 2 $760,000 $380,000 $385,000 $133,000 $133,000
Cash-out Refinancing 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 260 $80,470,000 $309,000 $955,000 $131,000 $963,000
Black or African American 122 $37,310,000 $305,000 $685,000 $99,000 $380,000
Asian 106 $38,470,000 $362,000 $875,000 $145,000 $801,000
Hispanic 34 $11,300,000 $332,000 $595,000 $99,000 $267,000
Not Provided 10 $2,680,000 $268,000 $455,000 $133,000 $189,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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) 318 $105,470,000 $331,000 $955,000 $147,000 $963,000
FHA-insured (Federal Housing Administration) 167 $49,725,000 $297,000 $685,000 $88,000 $500,000
VA-guaranteed (Veterans Administration) 42 $13,710,000 $326,000 $515,000 $108,000 $216,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 5 $1,325,000 $265,000 $345,000 $79,000 $115,000

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 401 $125,475,000 $312,000 $955,000 $125,000 $963,000
Application Withdrawn By Applicant 103 $35,085,000 $340,000 $875,000 $128,000 $700,000
Application Denied By Financial Institution 22 $7,360,000 $334,000 $675,000 $98,000 $291,000
File Closed For Incompleteness 5 $2,035,000 $407,000 $435,000 $155,000 $180,000
Application Approved But Not Accepted 1 $275,000 $275,000 $275,000 $137,000 $137,000
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 510 $162,870,000 $319,000 $955,000 $126,000 $963,000
Debt-To-Income Ratio 14 $4,790,000 $342,000 $675,000 $94,000 $291,000
Credit History 4 $1,340,000 $335,000 $455,000 $114,000 $137,000
Unverifiable Information 2 $590,000 $295,000 $315,000 $85,000 $89,000
Collateral 2 $640,000 $320,000 $365,000 $108,000 $131,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Other 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

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