Meridian Bank Mortgage Lending & HMDA Data, 2019
In 2019, Meridian Bank of Malvern, PA reported 3,394 mortgage applications totaling $823.0 million, down 16% from 2018. The average application was for $242,477, and applicants reported an average income of $95,634. 81% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Wilmington, DE-MD-NJ (682), Philadelphia, PA (624) and Montgomery County-Bucks County-Chester County, PA (535) (applications in parentheses).
| Mortgage Company & Address | Meridian Bank 9 Old Lincoln Highway Malvern, PA 19355 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 |
| Total Number of Mortgage Applications | 3,394 |
| Total Mortgage Loan Application Amount | $822,970,000 |
| Average Mortgage Loan Application Amount | $242,477 |
| Highest Mortgage Loan Application Amount | $6,805,000 |
| Average Applicant Income | $95,634 |
| Highest Applicant Income | $1,610,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Meridian Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Wilmington, DE-MD-NJ | 682 | $ 151,720,000 | $ 222,463 | $ 71,239 |
| Philadelphia, PA | 624 | $ 169,310,000 | $ 271,330 | $ 98,000 |
| Montgomery County-Bucks County-Chester County, PA | 535 | $ 155,865,000 | $ 291,336 | $ 141,000 |
| Salisbury, MD-DE | 335 | $ 66,375,000 | $ 198,134 | $ 70,620 |
| Camden, NJ | 189 | $ 36,635,000 | $ 193,835 | $ 109,000 |
| Reading, PA | 140 | $ 23,310,000 | $ 166,500 | $ 79,000 |
| Dover, DE | 119 | $ 24,785,000 | $ 208,277 | $ 62,000 |
| Outside any metro area | 113 | $ 20,295,000 | $ 179,601 | $ 83,564 |
| Lancaster, PA | 89 | $ 17,575,000 | $ 197,471 | $ 86,000 |
| Atlantic City-Hammonton, NJ | 71 | $ 12,945,000 | $ 182,323 | $ 90,000 |
| Harrisburg-Carlisle, PA | 53 | $ 8,765,000 | $ 165,377 | $ 85,000 |
| Ocean City, NJ | 28 | $ 15,180,000 | $ 542,142 | $ 397,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 27 | $ 5,965,000 | $ 220,925 | $ 85,185 |
| Trenton, NJ | 25 | $ 6,995,000 | $ 279,800 | $ 146,000 |
| Newark, NJ-PA | 17 | $ 5,595,000 | $ 329,117 | $ 110,058 |
| York-Hanover, PA | 16 | $ 2,620,000 | $ 163,750 | $ 58,000 |
| New York-Newark, NY | 15 | $ 4,085,000 | $ 272,333 | $ 197,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 11 | $ 4,765,000 | $ 433,181 | $ 146,666 |
| Bloomsburg-Berwick, PA | 10 | $ 1,310,000 | $ 131,000 | $ 50,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 10 | $ 3,500,000 | $ 350,000 | $ 146,000 |
| Atlanta-Sandy Springs-Roswell, GA | 9 | $ 3,235,000 | $ 359,444 | $ 164,000 |
| Las Vegas-Henderson-Paradise, NV | 9 | $ 2,725,000 | $ 302,777 | $ 0 |
| Baltimore-Columbia-Towson, MD | 8 | $ 3,360,000 | $ 420,000 | $ 118,000 |
| Phoenix-Mesa-Scottsdale, AZ | 8 | $ 2,470,000 | $ 308,750 | $ 36,000 |
| Riverside-San Bernardino-Ontario, CA | 7 | $ 2,235,000 | $ 319,285 | $ 0 |
| Scranton--Wilkes-Barre--Hazleton, PA | 7 | $ 925,000 | $ 132,142 | $ 67,000 |
| Vineland-Bridgeton, NJ | 7 | $ 1,545,000 | $ 220,714 | $ 116,000 |
| Elmira, NY | 6 | $ 920,000 | $ 153,333 | $ 66,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 6 | $ 1,510,000 | $ 251,666 | $ 22,000 |
| Orlando-Kissimmee-Sanford, FL | 6 | $ 2,170,000 | $ 361,666 | $ 210,000 |
| Tampa-St. Petersburg-Clearwater, FL | 6 | $ 1,540,000 | $ 256,666 | $ 19,000 |
| Binghamton, NY | 5 | $ 775,000 | $ 155,000 | $ 63,000 |
| Chambersburg-Waynesboro, PA | 5 | $ 875,000 | $ 175,000 | $ 79,000 |
| Charleston-North Charleston, SC | 5 | $ 1,755,000 | $ 351,000 | $ 178,000 |
| New York-Jersey City-White Plains, NY-NJ | 5 | $ 2,545,000 | $ 509,000 | $ 91,200 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 5 | $ 1,765,000 | $ 353,000 | $ 8,400 |
| Charlotte-Concord-Gastonia, NC-SC | 4 | $ 1,140,000 | $ 285,000 | $ 39,000 |
| Columbus, OH | 4 | $ 1,590,000 | $ 397,500 | $ 0 |
| Nassau County-Suffolk County, NY | 4 | $ 2,010,000 | $ 502,500 | $ 54,000 |
| Pittsburgh, PA | 4 | $ 880,000 | $ 220,000 | $ 115,000 |
| Williamsport, PA | 4 | $ 360,000 | $ 90,000 | $ 45,000 |
| Cambridge-Newton-Framingham, MA | 3 | $ 1,415,000 | $ 471,666 | $ 69,000 |
| Coeur D'Alene, ID | 3 | $ 985,000 | $ 328,333 | $ 0 |
| Columbia, SC | 3 | $ 405,000 | $ 135,000 | $ 65,000 |
| Crestview-Fort Walton Beach-Destin, FL | 3 | $ 685,000 | $ 228,333 | $ 0 |
| Dallas-Plano-Irving, TX | 3 | $ 955,000 | $ 318,333 | $ 30,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 3 | $ 1,115,000 | $ 371,666 | $ 62,000 |
| Fresno, CA | 3 | $ 875,000 | $ 291,666 | $ 0 |
| Greensboro-High Point, NC | 3 | $ 825,000 | $ 275,000 | $ 115,000 |
| Jacksonville, FL | 3 | $ 925,000 | $ 308,333 | $ 0 |
| Louisville/Jefferson County, KY-IN | 3 | $ 1,075,000 | $ 358,333 | $ 0 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 3 | $ 1,155,000 | $ 385,000 | $ 0 |
| Napa, CA | 3 | $ 1,165,000 | $ 388,333 | $ 28,000 |
| North Port-Sarasota-Bradenton, FL | 3 | $ 575,000 | $ 191,666 | $ 65,000 |
| Ogden-Clearfield, UT | 3 | $ 1,305,000 | $ 435,000 | $ 79,000 |
| Reno, NV | 3 | $ 915,000 | $ 305,000 | $ 0 |
| Salt Lake City, UT | 3 | $ 995,000 | $ 331,666 | $ 0 |
| Warren-Troy-Farmington Hills, MI | 3 | $ 905,000 | $ 301,666 | $ 53,000 |
| Bakersfield, CA | 2 | $ 320,000 | $ 160,000 | $ 0 |
| Barnstable Town, MA | 2 | $ 880,000 | $ 440,000 | $ 0 |
| Bremerton-Silverdale, WA | 2 | $ 790,000 | $ 395,000 | $ 0 |
| Deltona-Daytona Beach-Ormond Beach, FL | 2 | $ 460,000 | $ 230,000 | $ 52,000 |
| Denver-Aurora-Lakewood, CO | 2 | $ 480,000 | $ 240,000 | $ 41,000 |
| Fayetteville, NC | 2 | $ 590,000 | $ 295,000 | $ 56,000 |
| Gettysburg, PA | 2 | $ 260,000 | $ 130,000 | $ 63,000 |
| Hartford-West Hartford-East Hartford, CT | 2 | $ 550,000 | $ 275,000 | $ 164,000 |
| Hilton Head Island-Bluffton-Beaufort, SC | 2 | $ 570,000 | $ 285,000 | $ 289,000 |
| Homosassa Springs, FL | 2 | $ 630,000 | $ 315,000 | $ 82,000 |
| Houston-The Woodlands-Sugar Land, TX | 2 | $ 630,000 | $ 315,000 | $ 0 |
| Huntsville, AL | 2 | $ 370,000 | $ 185,000 | $ 0 |
| Indianapolis-Carmel-Anderson, IN | 2 | $ 680,000 | $ 340,000 | $ 0 |
| Lakeland-Winter Haven, FL | 2 | $ 700,000 | $ 350,000 | $ 0 |
| Lebanon, PA | 2 | $ 330,000 | $ 165,000 | $ 68,000 |
| Miami-Miami Beach-Kendall, FL | 2 | $ 420,000 | $ 210,000 | $ 87,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 2 | $ 610,000 | $ 305,000 | $ 74,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 2 | $ 620,000 | $ 310,000 | $ 0 |
| Raleigh, NC | 2 | $ 430,000 | $ 215,000 | $ 66,000 |
| Rockingham County-Strafford County, NH | 2 | $ 460,000 | $ 230,000 | $ 67,000 |
| Savannah, GA | 2 | $ 410,000 | $ 205,000 | $ 44,000 |
| Seattle-Bellevue-Everett, WA | 2 | $ 670,000 | $ 335,000 | $ 0 |
| Stockton-Lodi, CA | 2 | $ 540,000 | $ 270,000 | $ 48,000 |
| Tacoma-Lakewood, WA | 2 | $ 860,000 | $ 430,000 | $ 0 |
| Washington-Baltimore-Arlington, DC | 2 | $ 620,000 | $ 310,000 | $ 66,000 |
| Worcester, MA-CT | 2 | $ 580,000 | $ 290,000 | $ 0 |
| Akron, OH | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Albuquerque, NM | 1 | $ 165,000 | $ 165,000 | $ 34,000 |
| Anaheim-Santa Ana-Irvine, CA | 1 | $ 415,000 | $ 415,000 | $ 0 |
| Ann Arbor, MI | 1 | $ 655,000 | $ 655,000 | $ 442,000 |
| Augusta-Richmond County, GA-SC | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Baton Rouge, LA | 1 | $ 285,000 | $ 285,000 | $ 54,000 |
| Birmingham-Hoover, AL | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Boise City, ID | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Boston, MA | 1 | $ 595,000 | $ 595,000 | $ 0 |
| Bridgeport-Stamford-Norwalk, CT | 1 | $ 355,000 | $ 355,000 | $ 95,000 |
| Buffalo-Cheektowaga-Niagara Falls, NY | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Cape Coral-Fort Myers, FL | 1 | $ 225,000 | $ 225,000 | $ 167,000 |
| Cedar Rapids, IA | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Chicago-Naperville, IL | 1 | $ 475,000 | $ 475,000 | $ 0 |
| Cleveland-Elyria, OH | 1 | $ 145,000 | $ 145,000 | $ 65,000 |
| Daphne-Fairhope-Foley, AL | 1 | $ 295,000 | $ 295,000 | $ 0 |
| Dayton-Springfield-Kettering, OH | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Detroit-Dearborn-Livonia, MI | 1 | $ 505,000 | $ 505,000 | $ 351,000 |
| Durham-Chapel Hill, NC | 1 | $ 305,000 | $ 305,000 | $ 108,000 |
| East Stroudsburg, PA | 1 | $ 305,000 | $ 305,000 | $ 98,000 |
| Elizabethtown-Fort Knox, KY | 1 | $ 465,000 | $ 465,000 | $ 0 |
| Eugene, OR | 1 | $ 295,000 | $ 295,000 | $ 0 |
| Florence, SC | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Fort Worth-Arlington, TX | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Grand Rapids-Wyoming, MI | 1 | $ 295,000 | $ 295,000 | $ 155,000 |
| Greeley, CO | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Greenville-Anderson-Mauldin, SC | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Jefferson City, MO | 1 | $ 415,000 | $ 415,000 | $ 0 |
| Johnstown, PA | 1 | $ 85,000 | $ 85,000 | $ 25,000 |
| Kansas City, MO-KS | 1 | $ 95,000 | $ 95,000 | $ 70,000 |
| Kennewick-Richland, WA | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Lexington-Fayette, KY | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Los Angeles-Long Beach-Glendale, CA | 1 | $ 525,000 | $ 525,000 | $ 0 |
| Lynchburg, VA | 1 | $ 165,000 | $ 165,000 | $ 33,000 |
| Manchester-Nashua, NH | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Milwaukee-Waukesha-West Allis, WI | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Monroe, MI | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Montgomery, AL | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Oklahoma City, OK | 1 | $ 445,000 | $ 445,000 | $ 0 |
| Olympia-Tumwater, WA | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Pensacola-Ferry Pass-Brent, FL | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Port St. Lucie, FL | 1 | $ 165,000 | $ 165,000 | $ 273,000 |
| Portland-South Portland, ME | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Prescott Valley-Prescott, AZ | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Pueblo, CO | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Richmond, VA | 1 | $ 185,000 | $ 185,000 | $ 59,000 |
| Rocky Mount, NC | 1 | $ 155,000 | $ 155,000 | $ 73,000 |
| Salem, OR | 1 | $ 275,000 | $ 275,000 | $ 0 |
| San Antonio-New Braunfels, TX | 1 | $ 285,000 | $ 285,000 | $ 0 |
| San Diego-Carlsbad, CA | 1 | $ 475,000 | $ 475,000 | $ 0 |
| Shreveport-Bossier City, LA | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Spartanburg, SC | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Springfield, MA | 1 | $ 255,000 | $ 255,000 | $ 0 |
| St. Louis, MO-IL | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Sumter, SC | 1 | $ 105,000 | $ 105,000 | $ 76,000 |
| The Villages, FL | 1 | $ 225,000 | $ 225,000 | $ 99,000 |
| Vallejo-Fairfield, CA | 1 | $ 565,000 | $ 565,000 | $ 0 |
| Winston-Salem, NC | 1 | $ 315,000 | $ 315,000 | $ 0 |
Mortgage Loan Application Detail Totals for Meridian Bank in 2019
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 | 2,541 | $576,445,000 | $226,000 | $6,805,000 | $88,000 | $1,610,000 |
| Refinancing | 595 | $185,405,000 | $311,000 | $5,405,000 | $106,000 | $826,000 |
| Cash-out Refinancing | 199 | $50,425,000 | $253,000 | $1,125,000 | $140,000 | $1,561,000 |
| Home Improvement | 30 | $5,350,000 | $178,000 | $825,000 | $156,000 | $372,000 |
| Other Purpose | 29 | $5,345,000 | $184,000 | $755,000 | $185,000 | $1,009,000 |
| Not Applicable | 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 | 2,095 | $501,225,000 | $239,000 | $2,965,000 | $109,000 | $1,610,000 |
| Black or African American | 696 | $138,240,000 | $198,000 | $845,000 | $62,000 | $316,000 |
| Hispanic | 283 | $53,735,000 | $189,000 | $485,000 | $58,000 | $234,000 |
| Not applicable | 164 | $85,530,000 | $521,000 | $6,805,000 | $0 | $0 |
| Asian | 78 | $20,000,000 | $256,000 | $965,000 | $112,000 | $566,000 |
| Not Provided | 69 | $22,015,000 | $319,000 | $795,000 | $136,000 | $571,000 |
| American Indian or Alaskan Native | 5 | $1,205,000 | $241,000 | $385,000 | $175,000 | $632,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $1,020,000 | $255,000 | $335,000 | $99,000 | $117,000 |
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) | 1,723 | $463,635,000 | $269,000 | $6,805,000 | $128,000 | $1,610,000 |
| FHA-insured (Federal Housing Administration) | 1,071 | $203,675,000 | $190,000 | $755,000 | $62,000 | $315,000 |
| VA-guaranteed (Veterans Administration) | 393 | $118,305,000 | $301,000 | $785,000 | $58,000 | $840,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 207 | $37,355,000 | $180,000 | $465,000 | $55,000 | $103,000 |
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 | 2,743 | $671,395,000 | $244,000 | $6,805,000 | $95,000 | $1,610,000 |
| Application Withdrawn By Applicant | 415 | $95,585,000 | $230,000 | $1,455,000 | $91,000 | $1,556,000 |
| Application Denied By Financial Institution | 112 | $23,150,000 | $206,000 | $905,000 | $92,000 | $1,561,000 |
| Loan Purchased By The Institution | 52 | $13,330,000 | $256,000 | $685,000 | $0 | $0 |
| File Closed For Incompleteness | 45 | $13,285,000 | $295,000 | $845,000 | $106,000 | $540,000 |
| Application Approved But Not Accepted | 27 | $6,225,000 | $230,000 | $475,000 | $106,000 | $500,000 |
| 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 | 3,282 | $799,820,000 | $243,000 | $6,805,000 | $95,000 | $1,610,000 |
| Credit History | 30 | $6,430,000 | $214,000 | $725,000 | $95,000 | $460,000 |
| Collateral | 23 | $4,725,000 | $205,000 | $905,000 | $142,000 | $1,561,000 |
| Debt-To-Income Ratio | 22 | $4,500,000 | $204,000 | $455,000 | $62,000 | $242,000 |
| Employment History | 11 | $1,795,000 | $163,000 | $235,000 | $42,000 | $95,000 |
| Credit Application Incomplete | 8 | $2,070,000 | $258,000 | $695,000 | $115,000 | $295,000 |
| Other | 8 | $1,720,000 | $215,000 | $605,000 | $92,000 | $341,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,320,000 | $220,000 | $335,000 | $69,000 | $121,000 |
| Unverifiable Information | 4 | $590,000 | $147,000 | $185,000 | $54,000 | $79,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Meridian Bank's 2019 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 Meridian Bank'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.
For a list of all lenders in Pennsylvania, download the full spreadsheet
with aggregated HMDA statistics today.
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