Mde Home Loans LLC Mortgage Lending & HMDA Data, 2024

In 2024, Mde Home Loans LLC of Tinton Falls, NJ reported 420 mortgage applications totaling $233.5 million, up 25% from 2023. The average application was for $556,047, and applicants reported an average income of $190,809. 74% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Montgomery County-Bucks County-Chester County, PA (110), Harrisburg-Carlisle, PA (58) and Lancaster, PA (54) (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 420
Total Mortgage Loan Application Amount $233,540,000
Average Mortgage Loan Application Amount $556,047
Highest Mortgage Loan Application Amount $1,265,000
Average Applicant Income $190,809
Highest Applicant Income $1,836,000

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Act (HMDA) records Mde Home Loans LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2024

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Montgomery, Pennsylvania 63 $ 36,835,000 $ 584,682 $ 221,000
Cumberland, Pennsylvania 56 $ 30,710,000 $ 548,392 $ 159,000
Lancaster, Pennsylvania 54 $ 28,880,000 $ 534,814 $ 186,000
Frederick, Maryland 41 $ 26,985,000 $ 658,170 $ 192,000
York, Pennsylvania 41 $ 21,455,000 $ 523,292 $ 171,000
Chester, Pennsylvania 34 $ 19,940,000 $ 586,470 $ 208,000
New Castle, Delaware 23 $ 11,245,000 $ 488,913 $ 242,000
Kent, Delaware 15 $ 5,975,000 $ 398,333 $ 110,000
Bucks, Pennsylvania 13 $ 8,865,000 $ 681,923 $ 237,000
Mecklenburg, North Carolina 12 $ 8,040,000 $ 670,000 $ 149,000
Middlesex, New Jersey 5 $ 2,835,000 $ 567,000 $ 143,000
Warren, New Jersey 4 $ 1,640,000 $ 410,000 $ 131,000
Delaware, Pennsylvania 4 $ 2,580,000 $ 645,000 $ 255,000
Philadelphia, Pennsylvania 4 $ 1,070,000 $ 267,500 $ 189,000
Loudoun, Virginia 4 $ 3,240,000 $ 810,000 $ 230,000
Montgomery, Maryland 3 $ 1,365,000 $ 455,000 $ 152,000
Monmouth, New Jersey 3 $ 1,515,000 $ 505,000 $ 461,000
Lehigh, Pennsylvania 3 $ 1,995,000 $ 665,000 $ 186,000
Sussex, Delaware 2 $ 510,000 $ 255,000 $ 162,000
Baltimore, Maryland 2 $ 1,100,000 $ 550,000 $ 265,000
Harford, Maryland 2 $ 1,310,000 $ 655,000 $ 152,000
Ocean, New Jersey 2 $ 870,000 $ 435,000 $ 200,000
Dauphin, Pennsylvania 2 $ 1,610,000 $ 805,000 $ 175,000
Wayne, Pennsylvania 2 $ 680,000 $ 340,000 $ 132,000
Prince William, Virginia 2 $ 1,550,000 $ 775,000 $ 320,000
Shelby, Alabama 1 $ 275,000 $ 275,000 $ 183,000
Los Angeles, California 1 $ 1,145,000 $ 1,145,000 $ 293,000
Broward, Florida 1 $ 375,000 $ 375,000 $ 125,000
Duval, Florida 1 $ 495,000 $ 495,000 $ 126,000
Anne Arundel, Maryland 1 $ 225,000 $ 225,000 $ 77,000
Baltimore City, Maryland 1 $ 145,000 $ 145,000 $ 219,000
Prince George's, Maryland 1 $ 475,000 $ 475,000 $ 129,000
Burlington, New Jersey 1 $ 425,000 $ 425,000 $ 128,000
Camden, New Jersey 1 $ 325,000 $ 325,000 $ 116,000
Cape May, New Jersey 1 $ 165,000 $ 165,000 $ 255,000
Mercer, New Jersey 1 $ 685,000 $ 685,000 $ 296,000
Union, New Jersey 1 $ 515,000 $ 515,000 $ 142,000
Brunswick, North Carolina 1 $ 225,000 $ 225,000 $ 44,000
Gaston, North Carolina 1 $ 665,000 $ 665,000 $ 165,000
Wake, North Carolina 1 $ 805,000 $ 805,000 $ 449,000
Allegheny, Pennsylvania 1 $ 685,000 $ 685,000 $ 199,000
Horry, South Carolina 1 $ 155,000 $ 155,000 $ 98,000
Sevier, Tennessee 1 $ 805,000 $ 805,000 $ 479,000
Colorado, Texas 1 $ 205,000 $ 205,000 $ 68,000
Denton, Texas 1 $ 335,000 $ 335,000 $ 78,000
Williamson, Texas 1 $ 315,000 $ 315,000 $ 129,000
Stafford, Virginia 1 $ 455,000 $ 455,000 $ 90,000

Mortgage Loan Application Detail Totals for Mde Home Loans LLC in 2024

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 365 $203,495,000 $557,000 $1,265,000 $195,000 $1,836,000
Refinancing 55 $30,045,000 $546,000 $995,000 $163,000 $446,000
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
Asian 171 $94,575,000 $553,000 $1,145,000 $193,000 $1,836,000
White 117 $64,405,000 $550,000 $1,255,000 $213,000 $844,000
Black or African American 65 $37,765,000 $581,000 $975,000 $154,000 $362,000
Hispanic 35 $19,365,000 $553,000 $805,000 $173,000 $300,000
Not Provided 29 $15,755,000 $543,000 $1,265,000 $184,000 $531,000
American Indian or Alaskan Native 1 $515,000 $515,000 $515,000 $134,000 $134,000
Native Hawaiian or Other Pacific Islander 1 $675,000 $675,000 $675,000 $688,000 $688,000
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) 333 $186,375,000 $559,000 $1,265,000 $205,000 $1,836,000
FHA-insured (Federal Housing Administration) 57 $27,995,000 $491,000 $1,125,000 $130,000 $251,000
VA-guaranteed (Veterans Administration) 30 $19,170,000 $639,000 $1,255,000 $155,000 $277,000
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 309 $168,015,000 $543,000 $1,255,000 $188,000 $1,836,000
Application Withdrawn By Applicant 84 $50,180,000 $597,000 $1,265,000 $202,000 $618,000
Application Denied By Financial Institution 20 $10,730,000 $536,000 $975,000 $155,000 $322,000
File Closed For Incompleteness 7 $4,615,000 $659,000 $1,145,000 $272,000 $844,000
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 400 $222,810,000 $557,000 $1,265,000 $193,000 $1,836,000
Debt-To-Income Ratio 9 $4,795,000 $532,000 $765,000 $137,000 $322,000
Credit History 4 $2,530,000 $632,000 $835,000 $191,000 $280,000
Collateral 2 $520,000 $260,000 $315,000 $99,000 $131,000
Other 2 $1,130,000 $565,000 $655,000 $137,000 $145,000
Insufficient Cash (Downpayment, Closing Cost) 2 $780,000 $390,000 $635,000 $191,000 $219,000
Employment History 1 $975,000 $975,000 $975,000 $240,000 $240,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 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 2024 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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