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Act (HMDA) records Mde Home Loans LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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 50 $ 28,970,000 $ 579,400 $ 185,000
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 44 $ 12,020,000 $ 273,181 $ 95,204
Washington-Baltimore-Arlington, DC 37 $ 23,175,000 $ 626,351 $ 157,000
Harrisburg-Carlisle, PA 34 $ 18,430,000 $ 542,058 $ 152,000
York-Hanover, PA 23 $ 12,455,000 $ 541,521 $ 181,000
Wilmington, DE-MD-NJ 21 $ 9,245,000 $ 440,238 $ 153,761
Outside any metro area 19 $ 7,355,000 $ 387,105 $ 135,526
New York-Newark, NY 17 $ 9,385,000 $ 552,058 $ 168,000
Lancaster, PA 10 $ 4,600,000 $ 460,000 $ 130,000
Winston-Salem, NC 9 $ 2,295,000 $ 255,000 $ 95,000
Charlotte-Concord-Gastonia, NC-SC 8 $ 4,140,000 $ 517,500 $ 218,250
Baltimore-Columbia-Towson, MD 7 $ 4,305,000 $ 615,000 $ 194,000
Philadelphia, PA 6 $ 3,130,000 $ 521,666 $ 154,000
Camden, NJ 5 $ 1,535,000 $ 307,000 $ 115,000
Newark, NJ-PA 5 $ 2,665,000 $ 533,000 $ 136,800
Washington-Arlington-Alexandria, DC-VA-MD-WV 5 $ 4,585,000 $ 917,000 $ 280,000
Hickory-Lenoir-Morganton, NC 3 $ 805,000 $ 268,333 $ 81,000
Clarksville, TN-KY 2 $ 590,000 $ 295,000 $ 68,000
Dallas-Plano-Irving, TX 2 $ 1,140,000 $ 570,000 $ 270,000
Dover, DE 2 $ 830,000 $ 415,000 $ 138,000
New York-Jersey City-White Plains, NY-NJ 2 $ 1,170,000 $ 585,000 $ 286,000
Reading, PA 2 $ 810,000 $ 405,000 $ 275,000
San Diego-Carlsbad, CA 2 $ 1,440,000 $ 720,000 $ 215,000
Trenton, NJ 2 $ 1,040,000 $ 520,000 $ 206,000
Allentown-Bethlehem-Easton, PA-NJ 1 $ 565,000 $ 565,000 $ 250,000
Austin-Round Rock, TX 1 $ 485,000 $ 485,000 $ 117,000
Bridgeport-Stamford-Norwalk, CT 1 $ 635,000 $ 635,000 $ 241,000
Durham-Chapel Hill, NC 1 $ 325,000 $ 325,000 $ 98,000
East Stroudsburg, PA 1 $ 255,000 $ 255,000 $ 77,000
Fayetteville, NC 1 $ 265,000 $ 265,000 $ 84,000
Goldsboro, NC 1 $ 215,000 $ 215,000 $ 73,000
Greenville-Anderson-Mauldin, SC 1 $ 725,000 $ 725,000 $ 240,000
Hagerstown-Martinsburg, MD-WV 1 $ 1,345,000 $ 1,345,000 $ 249,000
Houston-The Woodlands-Sugar Land, TX 1 $ 255,000 $ 255,000 $ 211,000
New Bern, NC 1 $ 265,000 $ 265,000 $ 85,000
North Port-Sarasota-Bradenton, FL 1 $ 345,000 $ 345,000 $ 83,000
Ocean City, NJ 1 $ 365,000 $ 365,000 $ 415,000
Pittsfield, MA 1 $ 345,000 $ 345,000 $ 220,000
Raleigh, NC 1 $ 275,000 $ 275,000 $ 165,000
Rocky Mount, NC 1 $ 335,000 $ 335,000 $ 80,000
San Antonio-New Braunfels, TX 1 $ 285,000 $ 285,000 $ 246,000
Spartanburg, SC 1 $ 585,000 $ 585,000 $ 260,000
Wilmington, NC 1 $ 235,000 $ 235,000 $ 60,000

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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