Mde Home Loans LLC Mortgage Lending & HMDA Data, 2020

In 2020, Mde Home Loans LLC of Tinton Falls, NJ reported 893 mortgage applications totaling $327.6 million, up 64% from 2019. The average application was for $366,870, and applicants reported an average income of $138,407. 72% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Montgomery County-Bucks County-Chester County, PA (202), New York-Newark, NY (194) and Newark, NJ-PA (81) (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 893
Total Mortgage Loan Application Amount $327,615,000
Average Mortgage Loan Application Amount $366,870
Highest Mortgage Loan Application Amount $1,425,000
Average Applicant Income $138,407
Highest Applicant Income $850,000

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Act (HMDA) records Mde Home Loans LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Chester, Pennsylvania 154 $ 61,650,000 $ 400,324 $ 148,000
Middlesex, New Jersey 81 $ 29,835,000 $ 368,333 $ 142,000
Monmouth, New Jersey 58 $ 25,290,000 $ 436,034 $ 200,000
Morris, New Jersey 47 $ 16,895,000 $ 359,468 $ 114,000
Ocean, New Jersey 42 $ 12,840,000 $ 305,714 $ 119,000
Montgomery, Pennsylvania 32 $ 11,960,000 $ 373,750 $ 134,000
Burlington, New Jersey 30 $ 7,950,000 $ 265,000 $ 152,000
New Castle, Delaware 26 $ 9,340,000 $ 359,230 $ 131,000
Philadelphia, Pennsylvania 22 $ 8,060,000 $ 366,363 $ 156,000
Bergen, New Jersey 21 $ 8,125,000 $ 386,904 $ 171,000
Fulton, Georgia 20 $ 7,120,000 $ 356,000 $ 109,000
Delaware, Pennsylvania 20 $ 7,230,000 $ 361,500 $ 145,000
York, Pennsylvania 20 $ 6,640,000 $ 332,000 $ 106,000
Mercer, New Jersey 18 $ 5,390,000 $ 299,444 $ 107,000
Bucks, Pennsylvania 16 $ 6,080,000 $ 380,000 $ 181,000
Gloucester, New Jersey 15 $ 3,885,000 $ 259,000 $ 94,000
Union, New Jersey 14 $ 5,690,000 $ 406,428 $ 164,000
Prince George's, Maryland 12 $ 6,440,000 $ 536,666 $ 142,000
Somerset, New Jersey 12 $ 4,890,000 $ 407,500 $ 151,000
Passaic, New Jersey 11 $ 3,875,000 $ 352,272 $ 130,000
Kane, Illinois 10 $ 2,060,000 $ 206,000 $ 82,000
Hudson, New Jersey 10 $ 4,790,000 $ 479,000 $ 203,000
Cumberland, Pennsylvania 9 $ 3,335,000 $ 370,555 $ 107,000
St. Johns, Florida 8 $ 4,330,000 $ 541,250 $ 163,000
Essex, New Jersey 8 $ 2,590,000 $ 323,750 $ 108,000
Orange, Florida 7 $ 4,285,000 $ 612,142 $ 239,000
Sussex, New Jersey 6 $ 2,550,000 $ 425,000 $ 185,000
Warren, New Jersey 6 $ 1,680,000 $ 280,000 $ 102,000
Fairfield, Connecticut 5 $ 1,675,000 $ 335,000 $ 165,000
Anne Arundel, Maryland 5 $ 2,445,000 $ 489,000 $ 165,000
Cecil, Maryland 5 $ 1,635,000 $ 327,000 $ 115,000
Harford, Maryland 5 $ 2,385,000 $ 477,000 $ 91,000
Hunterdon, New Jersey 5 $ 1,435,000 $ 287,000 $ 85,000
Harris, Texas 5 $ 1,265,000 $ 253,000 $ 105,000
San Diego, California 4 $ 2,140,000 $ 535,000 $ 147,000
Collier, Florida 4 $ 1,780,000 $ 445,000 $ 150,000
Cherokee, Georgia 4 $ 1,210,000 $ 302,500 $ 89,000
Forsyth, Georgia 4 $ 1,490,000 $ 372,500 $ 109,000
Atlantic, New Jersey 4 $ 940,000 $ 235,000 $ 51,000
Camden, New Jersey 4 $ 890,000 $ 222,500 $ 97,000
Cumberland, New Jersey 4 $ 790,000 $ 197,500 $ 65,000
Mecklenburg, North Carolina 4 $ 1,010,000 $ 252,500 $ 107,000
Lehigh, Pennsylvania 4 $ 1,420,000 $ 355,000 $ 138,000
Henrico, Virginia 4 $ 1,240,000 $ 310,000 $ 86,000
Lee, Florida 3 $ 825,000 $ 275,000 $ 138,000
Henry, Georgia 3 $ 875,000 $ 291,666 $ 64,000
Newton, Georgia 3 $ 695,000 $ 231,666 $ 69,000
Will, Illinois 3 $ 745,000 $ 248,333 $ 119,000
Frederick, Maryland 3 $ 1,245,000 $ 415,000 $ 151,000
Montgomery, Maryland 3 $ 825,000 $ 275,000 $ 99,000
Northampton, Pennsylvania 3 $ 485,000 $ 161,666 $ 45,000
Fairfax, Virginia 3 $ 2,295,000 $ 765,000 $ 153,000
Loudoun, Virginia 3 $ 1,285,000 $ 428,333 $ 168,000
Hartford, Connecticut 2 $ 270,000 $ 135,000 $ 45,000
Cobb, Georgia 2 $ 600,000 $ 300,000 $ 94,000
Paulding, Georgia 2 $ 620,000 $ 310,000 $ 100,000
Cook, Illinois 2 $ 600,000 $ 300,000 $ 75,000
McHenry, Illinois 2 $ 480,000 $ 240,000 $ 93,000
St. Mary's, Maryland 2 $ 550,000 $ 275,000 $ 67,000
Cabarrus, North Carolina 2 $ 730,000 $ 365,000 $ 106,000
Berks, Pennsylvania 2 $ 500,000 $ 250,000 $ 141,000
Dauphin, Pennsylvania 2 $ 430,000 $ 215,000 $ 59,000
Lancaster, Pennsylvania 2 $ 710,000 $ 355,000 $ 96,000
Collin, Texas 2 $ 920,000 $ 460,000 $ 156,000
Virginia Beach, Virginia 2 $ 430,000 $ 215,000 $ 147,000
Los Angeles, California 1 $ 925,000 $ 925,000 $ 286,000
San Joaquin, California 1 $ 485,000 $ 485,000 $ 150,000
Ventura, California 1 $ 335,000 $ 335,000 $ 172,000
New Haven, Connecticut 1 $ 235,000 $ 235,000 $ 121,000
New London, Connecticut 1 $ 195,000 $ 195,000 $ 65,000
Brevard, Florida 1 $ 185,000 $ 185,000 $ 69,000
Broward, Florida 1 $ 355,000 $ 355,000 $ 80,000
Indian River, Florida 1 $ 135,000 $ 135,000 $ 88,000
Miami-Dade, Florida 1 $ 225,000 $ 225,000 $ 315,000
Seminole, Florida 1 $ 295,000 $ 295,000 $ 64,000
DeKalb, Georgia 1 $ 485,000 $ 485,000 $ 167,000
Douglas, Georgia 1 $ 175,000 $ 175,000 $ 39,000
Fayette, Georgia 1 $ 475,000 $ 475,000 $ 92,000
Gwinnett, Georgia 1 $ 205,000 $ 205,000 $ 58,000
Rockdale, Georgia 1 $ 325,000 $ 325,000 $ 178,000
DeKalb, Illinois 1 $ 225,000 $ 225,000 $ 77,000
Grundy, Illinois 1 $ 355,000 $ 355,000 $ 89,000
Kendall, Illinois 1 $ 295,000 $ 295,000 $ 100,000
McLean, Illinois 1 $ 355,000 $ 355,000 $ 135,000
Baltimore, Maryland 1 $ 725,000 $ 725,000 $ 174,000
Carroll, Maryland 1 $ 465,000 $ 465,000 $ 101,000
Charles, Maryland 1 $ 245,000 $ 245,000 $ 60,000
Howard, Maryland 1 $ 305,000 $ 305,000 $ 132,000
Washington, Maryland 1 $ 345,000 $ 345,000 $ 95,000
Cape May, New Jersey 1 $ 315,000 $ 315,000 $ 160,000
Salem, New Jersey 1 $ 225,000 $ 225,000 $ 89,000
Orange, New York 1 $ 255,000 $ 255,000 $ 72,000
Wake, North Carolina 1 $ 505,000 $ 505,000 $ 241,000
Allegheny, Pennsylvania 1 $ 215,000 $ 215,000 $ 105,000
Lebanon, Pennsylvania 1 $ 285,000 $ 285,000 $ 84,000
Pike, Pennsylvania 1 $ 245,000 $ 245,000 $ 85,000
Susquehanna, Pennsylvania 1 $ 245,000 $ 245,000 $ 333,000
Berkeley, South Carolina 1 $ 325,000 $ 325,000 $ 60,000
Arlington, Virginia 1 $ 705,000 $ 705,000 $ 153,000
Frederick, Virginia 1 $ 325,000 $ 325,000 $ 46,000
Prince William, Virginia 1 $ 585,000 $ 585,000 $ 0
Roanoke, Virginia 1 $ 365,000 $ 365,000 $ 113,000

Mortgage Loan Application Detail Totals for Mde Home Loans 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
Refinancing 502 $185,010,000 $368,000 $1,285,000 $148,000 $850,000
Home Purchase 379 $138,935,000 $366,000 $1,425,000 $126,000 $523,000
Cash-out Refinancing 12 $3,670,000 $305,000 $495,000 $129,000 $256,000
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 385 $138,305,000 $359,000 $1,345,000 $146,000 $850,000
Asian 317 $122,225,000 $385,000 $1,425,000 $146,000 $490,000
Black or African American 108 $38,620,000 $357,000 $925,000 $106,000 $350,000
Hispanic 64 $21,450,000 $335,000 $745,000 $109,000 $440,000
Not Provided 17 $6,135,000 $360,000 $515,000 $134,000 $256,000
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) 674 $252,990,000 $375,000 $1,425,000 $150,000 $850,000
FHA-insured (Federal Housing Administration) 167 $53,325,000 $319,000 $765,000 $95,000 $653,000
VA-guaranteed (Veterans Administration) 49 $20,165,000 $411,000 $1,155,000 $111,000 $350,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $1,135,000 $378,000 $405,000 $108,000 $122,000

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 647 $239,075,000 $369,000 $1,345,000 $143,000 $850,000
Application Withdrawn By Applicant 188 $67,730,000 $360,000 $1,425,000 $129,000 $490,000
Application Denied By Financial Institution 39 $14,275,000 $366,000 $755,000 $97,000 $194,000
File Closed For Incompleteness 18 $6,280,000 $348,000 $515,000 $158,000 $472,000
Application Approved But Not Accepted 1 $255,000 $255,000 $255,000 $134,000 $134,000
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 854 $313,340,000 $366,000 $1,425,000 $140,000 $850,000
Credit History 13 $4,605,000 $354,000 $595,000 $114,000 $194,000
Debt-To-Income Ratio 11 $4,425,000 $402,000 $755,000 $88,000 $178,000
Insufficient Cash (Downpayment, Closing Cost) 5 $1,355,000 $271,000 $345,000 $74,000 $89,000
Other 4 $1,530,000 $382,000 $515,000 $105,000 $132,000
Collateral 3 $1,035,000 $345,000 $365,000 $97,000 $121,000
Employment History 2 $980,000 $490,000 $735,000 $72,000 $115,000
Unverifiable Information 1 $345,000 $345,000 $345,000 $95,000 $95,000
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 Mde Home Loans 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 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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