Mde Home Loans LLC Mortgage Lending & HMDA Data, 2022

In 2022, Mde Home Loans LLC of Tinton Falls, NJ reported 504 mortgage applications totaling $228.6 million, down 44% from 2021. The average application was for $453,511, and applicants reported an average income of $157,799. 56% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Montgomery County-Bucks County-Chester County, PA (74), New York-Newark, NY (67) and Washington-Baltimore-Arlington, DC (39) (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 504
Total Mortgage Loan Application Amount $228,570,000
Average Mortgage Loan Application Amount $453,511
Highest Mortgage Loan Application Amount $4,805,000
Average Applicant Income $157,799
Highest Applicant Income $740,000

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Act (HMDA) records Mde Home Loans LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2022

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 74 $ 31,170,000 $ 421,216 $ 180,000
New York-Newark, NY 67 $ 29,085,000 $ 434,104 $ 148,000
Washington-Baltimore-Arlington, DC 39 $ 24,515,000 $ 628,589 $ 165,000
Wilmington, DE-MD-NJ 37 $ 15,545,000 $ 420,135 $ 135,405
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 36 $ 11,500,000 $ 319,444 $ 128,055
Camden, NJ 21 $ 7,235,000 $ 344,523 $ 132,000
Charlotte-Concord-Gastonia, NC-SC 20 $ 9,940,000 $ 497,000 $ 190,600
Newark, NJ-PA 20 $ 8,090,000 $ 404,500 $ 139,000
Philadelphia, PA 17 $ 8,365,000 $ 492,058 $ 162,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 17 $ 10,715,000 $ 630,294 $ 206,294
Baltimore-Columbia-Towson, MD 13 $ 6,765,000 $ 520,384 $ 143,000
New York-Jersey City-White Plains, NY-NJ 11 $ 4,835,000 $ 439,545 $ 181,000
York-Hanover, PA 10 $ 4,690,000 $ 469,000 $ 174,000
Atlanta-Sandy Springs-Roswell, GA 8 $ 3,020,000 $ 377,500 $ 134,000
Trenton, NJ 8 $ 3,090,000 $ 386,250 $ 143,000
Greenville-Anderson-Mauldin, SC 6 $ 2,260,000 $ 376,666 $ 153,000
Reading, PA 6 $ 2,960,000 $ 493,333 $ 218,000
Allentown-Bethlehem-Easton, PA-NJ 5 $ 2,275,000 $ 455,000 $ 210,000
Raleigh, NC 5 $ 2,285,000 $ 457,000 $ 182,000
Dallas-Plano-Irving, TX 4 $ 2,070,000 $ 517,500 $ 139,000
Fayetteville, NC 4 $ 880,000 $ 220,000 $ 164,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 4 $ 1,580,000 $ 395,000 $ 102,000
Outside any metro area 4 $ 1,200,000 $ 300,000 $ 86,250
Charleston-North Charleston, SC 3 $ 1,595,000 $ 531,666 $ 129,000
Harrisburg-Carlisle, PA 3 $ 1,155,000 $ 385,000 $ 126,000
San Diego-Carlsbad, CA 3 $ 5,975,000 $ 1,991,666 $ 343,000
West Palm Beach-Boca Raton-Delray Beach, FL 3 $ 955,000 $ 318,333 $ 187,000
Bridgeport-Stamford-Norwalk, CT 2 $ 780,000 $ 390,000 $ 236,000
Cambridge-Newton-Framingham, MA 2 $ 1,190,000 $ 595,000 $ 214,000
East Stroudsburg, PA 2 $ 880,000 $ 440,000 $ 276,000
Greensboro-High Point, NC 2 $ 700,000 $ 350,000 $ 127,000
Houston-The Woodlands-Sugar Land, TX 2 $ 770,000 $ 385,000 $ 169,000
Lancaster, PA 2 $ 850,000 $ 425,000 $ 102,000
Palm Bay-Melbourne-Titusville, FL 2 $ 1,730,000 $ 865,000 $ 189,000
Salisbury, MD-DE 2 $ 950,000 $ 475,000 $ 107,000
Anaheim-Santa Ana-Irvine, CA 1 $ 935,000 $ 935,000 $ 260,000
Atlantic City-Hammonton, NJ 1 $ 375,000 $ 375,000 $ 74,000
Cape Coral-Fort Myers, FL 1 $ 505,000 $ 505,000 $ 273,000
Columbia, SC 1 $ 195,000 $ 195,000 $ 118,000
Deltona-Daytona Beach-Ormond Beach, FL 1 $ 565,000 $ 565,000 $ 133,000
Dover, DE 1 $ 205,000 $ 205,000 $ 142,000
Florence, SC 1 $ 185,000 $ 185,000 $ 55,000
Jacksonville, FL 1 $ 435,000 $ 435,000 $ 90,000
Johnstown, PA 1 $ 545,000 $ 545,000 $ 146,000
Lakeland-Winter Haven, FL 1 $ 375,000 $ 375,000 $ 122,000
New Haven-Milford, CT 1 $ 495,000 $ 495,000 $ 189,000
North Port-Sarasota-Bradenton, FL 1 $ 315,000 $ 315,000 $ 164,000
Orlando-Kissimmee-Sanford, FL 1 $ 315,000 $ 315,000 $ 68,000
Pittsburgh, PA 1 $ 375,000 $ 375,000 $ 108,000
Port St. Lucie, FL 1 $ 245,000 $ 245,000 $ 84,000
Riverside-San Bernardino-Ontario, CA 1 $ 505,000 $ 505,000 $ 0
San Antonio-New Braunfels, TX 1 $ 405,000 $ 405,000 $ 217,000
Wilmington, NC 1 $ 125,000 $ 125,000 $ 44,000
Winston-Salem, NC 1 $ 245,000 $ 245,000 $ 72,000

Mortgage Loan Application Detail Totals for Mde Home Loans LLC in 2022

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 428 $198,890,000 $464,000 $4,805,000 $160,000 $740,000
Refinancing 75 $29,445,000 $392,000 $1,175,000 $146,000 $358,000
Cash-out Refinancing 1 $235,000 $235,000 $235,000 $101,000 $101,000
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 210 $93,540,000 $445,000 $1,505,000 $166,000 $523,000
White 165 $75,885,000 $459,000 $4,805,000 $156,000 $646,000
Black or African American 52 $25,950,000 $499,000 $985,000 $146,000 $400,000
Not Provided 39 $18,285,000 $468,000 $1,105,000 $174,000 $740,000
Hispanic 31 $12,175,000 $392,000 $835,000 $108,000 $311,000
American Indian or Alaskan Native 2 $910,000 $455,000 $515,000 $115,000 $131,000
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) 402 $175,600,000 $436,000 $1,505,000 $164,000 $740,000
FHA-insured (Federal Housing Administration) 65 $26,665,000 $410,000 $985,000 $114,000 $311,000
VA-guaranteed (Veterans Administration) 36 $26,050,000 $723,000 $4,805,000 $168,000 $646,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $255,000 $255,000 $255,000 $78,000 $78,000

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 281 $121,535,000 $432,000 $1,175,000 $157,000 $740,000
Application Withdrawn By Applicant 195 $93,635,000 $480,000 $4,805,000 $161,000 $646,000
Application Denied By Financial Institution 21 $8,385,000 $399,000 $855,000 $127,000 $349,000
File Closed For Incompleteness 7 $5,015,000 $716,000 $1,105,000 $200,000 $310,000
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 483 $220,185,000 $455,000 $4,805,000 $159,000 $740,000
Collateral 7 $2,515,000 $359,000 $855,000 $144,000 $349,000
Debt-To-Income Ratio 7 $3,105,000 $443,000 $555,000 $105,000 $180,000
Other 5 $1,565,000 $313,000 $575,000 $135,000 $200,000
Unverifiable Information 1 $595,000 $595,000 $595,000 $120,000 $120,000
Credit History 1 $605,000 $605,000 $605,000 $136,000 $136,000
Credit Application Incomplete 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 2022 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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