Mde Home Loans LLC Mortgage Lending & HMDA Data, 2023

In 2023, Mde Home Loans LLC of Tinton Falls, NJ reported 336 mortgage applications totaling $164.2 million, down 33% from 2022. The average application was for $488,750, and applicants reported an average income of $155,583. 61% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Montgomery County-Bucks County-Chester County, PA (50), Myrtle Beach-Conway-North Myrtle Beach, SC-NC (44) and Washington-Baltimore-Arlington, DC (37) (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 336
Total Mortgage Loan Application Amount $164,220,000
Average Mortgage Loan Application Amount $488,750
Highest Mortgage Loan Application Amount $1,375,000
Average Applicant Income $155,583
Highest Applicant Income $635,000

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Act (HMDA) records Mde Home Loans LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Frederick, Maryland 37 $ 23,175,000 $ 626,351 $ 157,000
Cumberland, Pennsylvania 33 $ 17,655,000 $ 535,000 $ 152,000
Montgomery, Pennsylvania 30 $ 16,700,000 $ 556,666 $ 181,000
Brunswick, North Carolina 23 $ 4,715,000 $ 205,000 $ 68,000
York, Pennsylvania 23 $ 12,455,000 $ 541,521 $ 181,000
Horry, South Carolina 21 $ 7,305,000 $ 347,857 $ 125,000
Chester, Pennsylvania 18 $ 11,230,000 $ 623,888 $ 185,000
New Castle, Delaware 13 $ 5,595,000 $ 430,384 $ 166,000
Lancaster, Pennsylvania 10 $ 4,600,000 $ 460,000 $ 130,000
Davidson, North Carolina 9 $ 2,295,000 $ 255,000 $ 95,000
Monmouth, New Jersey 8 $ 4,610,000 $ 576,250 $ 174,000
Cecil, Maryland 7 $ 3,445,000 $ 492,142 $ 143,000
Middlesex, New Jersey 7 $ 3,715,000 $ 530,714 $ 163,000
Harford, Maryland 4 $ 2,910,000 $ 727,500 $ 168,000
Mecklenburg, North Carolina 4 $ 2,680,000 $ 670,000 $ 309,000
Delaware, Pennsylvania 4 $ 2,600,000 $ 650,000 $ 187,000
Camden, New Jersey 3 $ 1,065,000 $ 355,000 $ 106,000
Catawba, North Carolina 3 $ 805,000 $ 268,333 $ 81,000
Loudoun, Virginia 3 $ 2,535,000 $ 845,000 $ 281,000
San Diego, California 2 $ 1,440,000 $ 720,000 $ 215,000
Kent, Delaware 2 $ 830,000 $ 415,000 $ 138,000
Mercer, New Jersey 2 $ 1,040,000 $ 520,000 $ 206,000
Morris, New Jersey 2 $ 1,020,000 $ 510,000 $ 110,000
Iredell, North Carolina 2 $ 620,000 $ 310,000 $ 85,000
Moore, North Carolina 2 $ 360,000 $ 180,000 $ 43,000
Berks, Pennsylvania 2 $ 810,000 $ 405,000 $ 275,000
Bucks, Pennsylvania 2 $ 1,040,000 $ 520,000 $ 234,000
Philadelphia, Pennsylvania 2 $ 530,000 $ 265,000 $ 88,000
York, South Carolina 2 $ 840,000 $ 420,000 $ 171,000
Montgomery, Tennessee 2 $ 590,000 $ 295,000 $ 68,000
Fairfax, Virginia 2 $ 2,050,000 $ 1,025,000 $ 279,000
Fairfield, Connecticut 1 $ 635,000 $ 635,000 $ 241,000
Manatee, Florida 1 $ 345,000 $ 345,000 $ 83,000
Suwannee, Florida 1 $ 345,000 $ 345,000 $ 116,000
Anne Arundel, Maryland 1 $ 305,000 $ 305,000 $ 81,000
Baltimore, Maryland 1 $ 715,000 $ 715,000 $ 408,000
Howard, Maryland 1 $ 375,000 $ 375,000 $ 198,000
Washington, Maryland 1 $ 1,345,000 $ 1,345,000 $ 249,000
Berkshire, Massachusetts 1 $ 345,000 $ 345,000 $ 220,000
Bergen, New Jersey 1 $ 725,000 $ 725,000 $ 344,000
Burlington, New Jersey 1 $ 275,000 $ 275,000 $ 203,000
Cape May, New Jersey 1 $ 365,000 $ 365,000 $ 415,000
Gloucester, New Jersey 1 $ 195,000 $ 195,000 $ 57,000
Hudson, New Jersey 1 $ 445,000 $ 445,000 $ 229,000
Hunterdon, New Jersey 1 $ 685,000 $ 685,000 $ 185,000
Ocean, New Jersey 1 $ 285,000 $ 285,000 $ 70,000
Salem, New Jersey 1 $ 205,000 $ 205,000 $ 70,000
Somerset, New Jersey 1 $ 775,000 $ 775,000 $ 254,000
Union, New Jersey 1 $ 825,000 $ 825,000 $ 220,000
Warren, New Jersey 1 $ 565,000 $ 565,000 $ 250,000
Chatham, North Carolina 1 $ 325,000 $ 325,000 $ 98,000
Craven, North Carolina 1 $ 265,000 $ 265,000 $ 85,000
Harnett, North Carolina 1 $ 265,000 $ 265,000 $ 84,000
Nash, North Carolina 1 $ 335,000 $ 335,000 $ 80,000
Pender, North Carolina 1 $ 235,000 $ 235,000 $ 60,000
Stanly, North Carolina 1 $ 345,000 $ 345,000 $ 74,000
Wake, North Carolina 1 $ 275,000 $ 275,000 $ 165,000
Wayne, North Carolina 1 $ 215,000 $ 215,000 $ 73,000
Dauphin, Pennsylvania 1 $ 775,000 $ 775,000 $ 137,000
Monroe, Pennsylvania 1 $ 255,000 $ 255,000 $ 77,000
Pike, Pennsylvania 1 $ 135,000 $ 135,000 $ 60,000
Greenville, South Carolina 1 $ 725,000 $ 725,000 $ 240,000
Spartanburg, South Carolina 1 $ 585,000 $ 585,000 $ 260,000
Bastrop, Texas 1 $ 485,000 $ 485,000 $ 117,000
Bexar, Texas 1 $ 285,000 $ 285,000 $ 246,000
Brazoria, Texas 1 $ 255,000 $ 255,000 $ 211,000
Colorado, Texas 1 $ 175,000 $ 175,000 $ 95,000
Dallas, Texas 1 $ 515,000 $ 515,000 $ 296,000
Denton, Texas 1 $ 625,000 $ 625,000 $ 245,000
Fayette, Texas 1 $ 675,000 $ 675,000 $ 169,000
Henderson, Texas 1 $ 155,000 $ 155,000 $ 42,000
Accomack, Virginia 1 $ 265,000 $ 265,000 $ 80,000

Mortgage Loan Application Detail Totals for Mde Home Loans LLC in 2023

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 308 $150,840,000 $489,000 $1,375,000 $153,000 $635,000
Refinancing 28 $13,380,000 $477,000 $1,085,000 $184,000 $408,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Cash-out Refinancing 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 138 $64,830,000 $469,000 $1,375,000 $156,000 $635,000
Asian 94 $48,600,000 $517,000 $1,085,000 $167,000 $550,000
Black or African American 62 $31,840,000 $513,000 $1,135,000 $151,000 $400,000
Not Provided 21 $9,915,000 $472,000 $1,205,000 $143,000 $352,000
Hispanic 14 $6,180,000 $441,000 $775,000 $145,000 $254,000
American Indian or Alaskan Native 5 $1,795,000 $359,000 $615,000 $105,000 $162,000
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) 222 $113,920,000 $513,000 $1,375,000 $173,000 $635,000
FHA-insured (Federal Housing Administration) 81 $30,945,000 $382,000 $1,045,000 $115,000 $302,000
VA-guaranteed (Veterans Administration) 33 $19,355,000 $586,000 $1,345,000 $142,000 $324,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

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 205 $99,915,000 $487,000 $1,375,000 $159,000 $550,000
Application Withdrawn By Applicant 113 $57,505,000 $508,000 $1,355,000 $158,000 $635,000
Application Denied By Financial Institution 16 $5,690,000 $355,000 $865,000 $106,000 $210,000
File Closed For Incompleteness 2 $1,110,000 $555,000 $695,000 $143,000 $218,000
Application Approved But Not Accepted 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 320 $158,530,000 $495,000 $1,375,000 $158,000 $635,000
Debt-To-Income Ratio 6 $2,210,000 $368,000 $865,000 $87,000 $118,000
Collateral 4 $900,000 $225,000 $315,000 $87,000 $162,000
Other 2 $940,000 $470,000 $515,000 $159,000 $210,000
Credit History 2 $970,000 $485,000 $625,000 $100,000 $127,000
Unverifiable Information 1 $405,000 $405,000 $405,000 $203,000 $203,000
Insufficient Cash (Downpayment, Closing Cost) 1 $265,000 $265,000 $265,000 $103,000 $103,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Mde Home Loans LLC's 2023 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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