Mde Home Loans LLC Mortgage Lending & HMDA Data, 2021

In 2021, Mde Home Loans LLC of Tinton Falls, NJ reported 896 mortgage applications totaling $340.7 million, about the same as 2020. The average application was for $380,245, and applicants reported an average income of $143,464. 71% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Montgomery County-Bucks County-Chester County, PA (266), New York-Newark, NY (149) and Wilmington, DE-MD-NJ (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 896
Total Mortgage Loan Application Amount $340,700,000
Average Mortgage Loan Application Amount $380,245
Highest Mortgage Loan Application Amount $1,425,000
Average Applicant Income $143,464
Highest Applicant Income $743,000

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Act (HMDA) records Mde Home Loans LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Metropolitan Area in 2021

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Montgomery County-Bucks County-Chester County, PA 266 $ 102,560,000 $ 385,563 $ 147,000
New York-Newark, NY 149 $ 59,075,000 $ 396,476 $ 148,000
Wilmington, DE-MD-NJ 81 $ 28,595,000 $ 353,024 $ 125,629
Camden, NJ 39 $ 13,265,000 $ 340,128 $ 150,000
Philadelphia, PA 34 $ 12,700,000 $ 373,529 $ 174,000
Newark, NJ-PA 33 $ 12,965,000 $ 392,878 $ 145,000
York-Hanover, PA 24 $ 8,090,000 $ 337,083 $ 103,000
Trenton, NJ 23 $ 6,525,000 $ 283,695 $ 105,000
Washington-Baltimore-Arlington, DC 21 $ 10,045,000 $ 478,333 $ 142,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 20 $ 10,350,000 $ 517,500 $ 148,400
Atlanta-Sandy Springs-Roswell, GA 18 $ 6,250,000 $ 347,222 $ 106,000
Baltimore-Columbia-Towson, MD 18 $ 7,340,000 $ 407,777 $ 167,000
New York-Jersey City-White Plains, NY-NJ 17 $ 6,635,000 $ 390,294 $ 142,000
Dallas-Plano-Irving, TX 16 $ 6,960,000 $ 435,000 $ 171,000
Allentown-Bethlehem-Easton, PA-NJ 14 $ 4,620,000 $ 330,000 $ 170,571
Harrisburg-Carlisle, PA 13 $ 5,195,000 $ 399,615 $ 130,000
Lancaster, PA 7 $ 2,045,000 $ 292,142 $ 92,000
Bridgeport-Stamford-Norwalk, CT 6 $ 2,950,000 $ 491,666 $ 156,000
Charlotte-Concord-Gastonia, NC-SC 6 $ 2,270,000 $ 378,333 $ 113,166
San Diego-Carlsbad, CA 6 $ 3,570,000 $ 595,000 $ 153,000
Jacksonville, FL 5 $ 1,675,000 $ 335,000 $ 245,000
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 5 $ 1,305,000 $ 261,000 $ 58,000
Ocean City, NJ 5 $ 1,735,000 $ 347,000 $ 170,000
Raleigh, NC 5 $ 1,745,000 $ 349,000 $ 167,000
Tampa-St. Petersburg-Clearwater, FL 5 $ 1,895,000 $ 379,000 $ 141,000
Atlantic City-Hammonton, NJ 4 $ 870,000 $ 217,500 $ 117,000
Cape Coral-Fort Myers, FL 4 $ 820,000 $ 205,000 $ 202,000
Houston-The Woodlands-Sugar Land, TX 4 $ 980,000 $ 245,000 $ 144,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 3 $ 925,000 $ 308,333 $ 121,000
Naples-Immokalee-Marco Island, FL 3 $ 1,195,000 $ 398,333 $ 132,000
Orlando-Kissimmee-Sanford, FL 3 $ 895,000 $ 298,333 $ 109,000
Salisbury, MD-DE 3 $ 745,000 $ 248,333 $ 113,000
Vineland-Bridgeton, NJ 3 $ 1,165,000 $ 388,333 $ 86,000
West Palm Beach-Boca Raton-Delray Beach, FL 3 $ 2,165,000 $ 721,666 $ 195,000
Austin-Round Rock, TX 2 $ 660,000 $ 330,000 $ 134,000
Chicago-Naperville, IL 2 $ 650,000 $ 325,000 $ 109,000
Hartford-West Hartford-East Hartford, CT 2 $ 590,000 $ 295,000 $ 132,000
Pittsburgh, PA 2 $ 740,000 $ 370,000 $ 120,000
Richmond, VA 2 $ 1,000,000 $ 500,000 $ 169,000
College Station-Bryan, TX 1 $ 525,000 $ 525,000 $ 183,000
Columbia, SC 1 $ 335,000 $ 335,000 $ 76,000
Durham-Chapel Hill, NC 1 $ 295,000 $ 295,000 $ 187,000
Erie, PA 1 $ 215,000 $ 215,000 $ 117,000
Fayetteville, NC 1 $ 215,000 $ 215,000 $ 178,000
Gettysburg, PA 1 $ 355,000 $ 355,000 $ 77,000
Harrisonburg, VA 1 $ 205,000 $ 205,000 $ 252,000
Hilton Head Island-Bluffton-Beaufort, SC 1 $ 385,000 $ 385,000 $ 174,000
Homosassa Springs, FL 1 $ 485,000 $ 485,000 $ 200,000
Los Angeles-Long Beach-Glendale, CA 1 $ 515,000 $ 515,000 $ 120,000
Miami-Miami Beach-Kendall, FL 1 $ 405,000 $ 405,000 $ 92,000
Outside any metro area 1 $ 385,000 $ 385,000 $ 90,000
New Haven-Milford, CT 1 $ 405,000 $ 405,000 $ 139,000
Palm Bay-Melbourne-Titusville, FL 1 $ 175,000 $ 175,000 $ 121,000
Peoria, IL 1 $ 65,000 $ 65,000 $ 20,000
Port St. Lucie, FL 1 $ 285,000 $ 285,000 $ 250,000
San Antonio-New Braunfels, TX 1 $ 175,000 $ 175,000 $ 177,000
Stockton-Lodi, CA 1 $ 545,000 $ 545,000 $ 147,000
Winchester, VA-WV 1 $ 205,000 $ 205,000 $ 128,000

Mortgage Loan Application Detail Totals for Mde Home Loans LLC in 2021

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 478 $187,440,000 $392,000 $1,425,000 $136,000 $743,000
Refinancing 398 $146,000,000 $366,000 $1,165,000 $152,000 $486,000
Cash-out Refinancing 20 $7,260,000 $363,000 $765,000 $152,000 $239,000
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
Asian 522 $203,500,000 $389,000 $1,425,000 $147,000 $743,000
White 245 $88,455,000 $361,000 $1,355,000 $147,000 $486,000
Black or African American 67 $26,305,000 $392,000 $835,000 $111,000 $254,000
Hispanic 38 $13,180,000 $346,000 $885,000 $104,000 $272,000
Not Provided 18 $7,190,000 $399,000 $625,000 $165,000 $350,000
Native Hawaiian or Other Pacific Islander 1 $335,000 $335,000 $335,000 $102,000 $102,000
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 770 $292,060,000 $379,000 $1,425,000 $149,000 $743,000
FHA-insured (Federal Housing Administration) 98 $34,750,000 $354,000 $835,000 $105,000 $254,000
VA-guaranteed (Veterans Administration) 27 $13,535,000 $501,000 $1,165,000 $112,000 $298,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $355,000 $355,000 $355,000 $71,000 $71,000

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 636 $242,620,000 $381,000 $1,425,000 $146,000 $461,000
Application Withdrawn By Applicant 192 $74,760,000 $389,000 $835,000 $139,000 $743,000
Application Denied By Financial Institution 47 $15,055,000 $320,000 $545,000 $112,000 $358,000
File Closed For Incompleteness 21 $8,265,000 $393,000 $535,000 $159,000 $486,000
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 849 $325,645,000 $383,000 $1,425,000 $145,000 $743,000
Debt-To-Income Ratio 21 $6,935,000 $330,000 $515,000 $97,000 $252,000
Credit History 9 $2,945,000 $327,000 $495,000 $113,000 $233,000
Other 8 $2,510,000 $313,000 $445,000 $126,000 $358,000
Collateral 6 $1,920,000 $320,000 $545,000 $150,000 $190,000
Insufficient Cash (Downpayment, Closing Cost) 2 $560,000 $280,000 $325,000 $72,000 $100,000
Employment History 1 $185,000 $185,000 $185,000 $146,000 $146,000
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 2021 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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