Newrez LLC Mortgage Lending & HMDA Data, 2025

In 2025, Newrez LLC of Fort Washington, PA reported 297,816 mortgage applications totaling $97.6 billion, up 20% from 2024. The average application was for $327,662, and applicants reported an average income of $160,049. 22% of its applications resulted in an originated loan and 12% were denied. Its largest markets were Atlanta-Sandy Springs-Roswell, GA (6,490), Houston-The Woodlands-Sugar Land, TX (5,479) and Chicago-Naperville, IL (5,473) (applications in parentheses).

Mortgage Company & Address Newrez LLC

Fort Washington, PA 19034
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  
Total Number of Mortgage Applications 297,816
Total Mortgage Loan Application Amount $97,583,270,000
Average Mortgage Loan Application Amount $327,662
Highest Mortgage Loan Application Amount $3,755,000
Average Applicant Income $160,049
Highest Applicant Income $9,832,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Newrez LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Newrez LLC in 2025

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 125,476 $48,691,770,000 $388,000 $3,505,000 $185,000 $9,263,000
Cash-out Refinancing 111,407 $24,623,645,000 $221,000 $3,445,000 $121,000 $9,832,000
Refinancing 60,453 $24,161,425,000 $399,000 $3,755,000 $179,000 $8,512,000
Other Purpose 261 $34,975,000 $134,000 $755,000 $424,000 $3,265,000
Home Improvement 219 $71,455,000 $326,000 $1,805,000 $184,000 $1,357,000
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
Not applicable 111,364 $42,116,880,000 $378,000 $3,425,000 $0 $0
White 100,513 $28,879,615,000 $287,000 $3,755,000 $148,000 $8,887,000
Hispanic 27,820 $8,290,350,000 $297,000 $3,505,000 $132,000 $9,600,000
Black or African American 24,289 $6,131,175,000 $252,000 $2,675,000 $106,000 $9,832,000
Not Provided 20,992 $7,320,250,000 $348,000 $3,455,000 $174,000 $8,191,000
Asian 10,424 $4,150,670,000 $398,000 $3,305,000 $191,000 $9,263,000
American Indian or Alaskan Native 1,810 $485,200,000 $268,000 $2,505,000 $118,000 $3,524,000
Native Hawaiian or Other Pacific Islander 603 $208,905,000 $346,000 $1,905,000 $134,000 $1,944,000

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) 171,302 $52,145,380,000 $304,000 $3,505,000 $161,000 $9,832,000
FHA-insured (Federal Housing Administration) 70,609 $21,970,745,000 $311,000 $1,985,000 $95,000 $8,400,000
VA-guaranteed (Veterans Administration) 52,585 $22,774,235,000 $433,000 $3,755,000 $132,000 $2,961,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3,320 $692,910,000 $208,000 $635,000 $76,000 $173,000

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 Purchased By The Institution 110,121 $41,738,955,000 $379,000 $3,425,000 $0 $0
Loan Originated 66,567 $21,978,475,000 $330,000 $3,505,000 $165,000 $8,887,000
Application Withdrawn By Applicant 44,007 $13,476,235,000 $306,000 $3,755,000 $155,000 $9,832,000
File Closed For Incompleteness 39,054 $10,824,210,000 $277,000 $3,305,000 $144,000 $9,832,000
Application Denied By Financial Institution 36,587 $9,075,715,000 $248,000 $3,165,000 $103,000 $8,530,000
Application Approved But Not Accepted 1,380 $447,890,000 $324,000 $2,495,000 $148,000 $2,829,000
Preapproval Denied by Financial Institution 93 $37,685,000 $405,000 $1,765,000 $111,000 $477,000
Preapproval Approved but not Accepted 7 $4,105,000 $586,000 $1,035,000 $207,000 $276,000

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 261,136 $88,469,870,000 $338,000 $3,755,000 $157,000 $9,832,000
Debt-To-Income Ratio 23,479 $5,698,515,000 $242,000 $3,165,000 $84,000 $4,800,000
Credit History 5,524 $1,346,430,000 $243,000 $2,945,000 $132,000 $7,482,000
Collateral 2,591 $658,785,000 $254,000 $3,005,000 $176,000 $8,530,000
Unverifiable Information 1,994 $531,130,000 $266,000 $2,985,000 $134,000 $7,495,000
Other 1,365 $375,415,000 $275,000 $3,005,000 $141,000 $3,168,000
Insufficient Cash (Downpayment, Closing Cost) 1,126 $323,920,000 $287,000 $2,105,000 $130,000 $2,925,000
Employment History 571 $171,555,000 $300,000 $1,845,000 $119,000 $1,060,000
Mortgage Insurance Denied 24 $5,890,000 $245,000 $645,000 $154,000 $1,131,000
Credit Application Incomplete 6 $1,760,000 $293,000 $485,000 $306,000 $888,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Newrez LLC's 2025 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 Newrez 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.
For a list of all lenders in Pennsylvania, download the full spreadsheet with aggregated HMDA statistics today.

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