TD Bank Mortgage Lending & HMDA Data, 2022
In 2022, TD Bank of Mount Laurel, NJ reported 74,449 mortgage applications totaling $24.4 billion, up 12% from 2021. The average application was for $328,399, and applicants reported an average income of $186,523. 44% of its applications resulted in an originated loan and 25% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (10,469), New York-Newark, NY (5,548) and Nassau County-Suffolk County, NY (3,834) (applications in parentheses).
| Mortgage Company & Address | TD Bank Mount Laurel, NJ 08054 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 |
| Total Number of Mortgage Applications | 74,449 |
| Total Mortgage Loan Application Amount | $24,448,995,000 |
| Average Mortgage Loan Application Amount | $328,399 |
| Highest Mortgage Loan Application Amount | $73,005,000 |
| Average Applicant Income | $186,523 |
| Highest Applicant Income | $8,186,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records TD Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| New York-Jersey City-White Plains, NY-NJ | 10,469 | $ 4,319,405,000 | $ 412,590 | $ 216,245 |
| New York-Newark, NY | 5,548 | $ 1,408,880,000 | $ 253,943 | $ 180,694 |
| Nassau County-Suffolk County, NY | 3,834 | $ 1,583,840,000 | $ 413,103 | $ 246,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 3,552 | $ 1,589,640,000 | $ 447,533 | $ 202,112 |
| Newark, NJ-PA | 3,409 | $ 970,285,000 | $ 284,624 | $ 196,004 |
| Camden, NJ | 3,068 | $ 484,760,000 | $ 158,005 | $ 133,000 |
| Miami-Miami Beach-Kendall, FL | 2,904 | $ 888,660,000 | $ 306,012 | $ 182,000 |
| Cambridge-Newton-Framingham, MA | 2,876 | $ 1,173,610,000 | $ 408,070 | $ 190,000 |
| Outside any metro area | 2,828 | $ 766,830,000 | $ 271,156 | $ 172,223 |
| Montgomery County-Bucks County-Chester County, PA | 2,581 | $ 775,915,000 | $ 300,625 | $ 179,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 2,329 | $ 603,695,000 | $ 259,207 | $ 163,000 |
| Philadelphia, PA | 2,219 | $ 612,195,000 | $ 275,887 | $ 143,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 1,995 | $ 662,235,000 | $ 331,947 | $ 206,000 |
| Boston, MA | 1,591 | $ 842,925,000 | $ 529,808 | $ 230,000 |
| Tampa-St. Petersburg-Clearwater, FL | 1,347 | $ 339,895,000 | $ 252,334 | $ 157,000 |
| Orlando-Kissimmee-Sanford, FL | 1,319 | $ 356,355,000 | $ 270,170 | $ 161,000 |
| Bridgeport-Stamford-Norwalk, CT | 1,086 | $ 511,190,000 | $ 470,709 | $ 253,000 |
| Washington-Baltimore-Arlington, DC | 1,013 | $ 485,745,000 | $ 479,511 | $ 228,000 |
| Portland-South Portland, ME | 939 | $ 212,655,000 | $ 226,469 | $ 141,000 |
| Baltimore-Columbia-Towson, MD | 877 | $ 288,575,000 | $ 329,047 | $ 175,000 |
| Hartford-West Hartford-East Hartford, CT | 823 | $ 149,405,000 | $ 181,537 | $ 144,000 |
| Rockingham County-Strafford County, NH | 814 | $ 200,250,000 | $ 246,007 | $ 155,000 |
| Charleston-North Charleston, SC | 749 | $ 402,145,000 | $ 536,909 | $ 228,000 |
| New Haven-Milford, CT | 716 | $ 135,680,000 | $ 189,497 | $ 118,000 |
| Manchester-Nashua, NH | 676 | $ 136,110,000 | $ 201,346 | $ 145,000 |
| Worcester, MA-CT | 653 | $ 144,915,000 | $ 221,921 | $ 140,264 |
| Hilton Head Island-Bluffton-Beaufort, SC | 652 | $ 418,370,000 | $ 641,671 | $ 309,000 |
| Atlantic City-Hammonton, NJ | 641 | $ 131,965,000 | $ 205,873 | $ 156,000 |
| Springfield, MA | 613 | $ 92,485,000 | $ 150,872 | $ 103,000 |
| Wilmington, DE-MD-NJ | 608 | $ 124,970,000 | $ 205,542 | $ 123,860 |
| Port St. Lucie, FL | 588 | $ 113,930,000 | $ 193,758 | $ 133,000 |
| Greenville-Anderson-Mauldin, SC | 573 | $ 124,895,000 | $ 217,966 | $ 120,000 |
| Providence-Warwick, RI-MA | 554 | $ 233,610,000 | $ 421,678 | $ 177,678 |
| Charlotte-Concord-Gastonia, NC-SC | 552 | $ 301,040,000 | $ 545,362 | $ 239,989 |
| Jacksonville, FL | 541 | $ 207,505,000 | $ 383,558 | $ 219,000 |
| Palm Bay-Melbourne-Titusville, FL | 507 | $ 104,555,000 | $ 206,222 | $ 131,000 |
| Columbia, SC | 496 | $ 107,790,000 | $ 217,318 | $ 111,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 482 | $ 102,510,000 | $ 212,676 | $ 130,946 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 463 | $ 104,875,000 | $ 226,511 | $ 131,537 |
| Barnstable Town, MA | 461 | $ 149,825,000 | $ 325,000 | $ 209,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 451 | $ 99,325,000 | $ 220,232 | $ 131,000 |
| Trenton, NJ | 447 | $ 113,205,000 | $ 253,255 | $ 155,000 |
| Naples-Immokalee-Marco Island, FL | 357 | $ 178,395,000 | $ 499,705 | $ 366,000 |
| Ocean City, NJ | 357 | $ 158,165,000 | $ 443,039 | $ 324,000 |
| North Port-Sarasota-Bradenton, FL | 307 | $ 115,475,000 | $ 376,140 | $ 206,000 |
| Cape Coral-Fort Myers, FL | 301 | $ 94,325,000 | $ 313,372 | $ 192,000 |
| Salisbury, MD-DE | 254 | $ 118,940,000 | $ 468,267 | $ 268,905 |
| Asheville, NC | 242 | $ 86,220,000 | $ 356,280 | $ 163,000 |
| Gainesville, FL | 209 | $ 70,605,000 | $ 337,822 | $ 170,000 |
| Burlington-South Burlington, VT | 205 | $ 53,515,000 | $ 261,048 | $ 146,000 |
| Albany-Schenectady-Troy, NY | 185 | $ 35,785,000 | $ 193,432 | $ 152,000 |
| Lakeland-Winter Haven, FL | 179 | $ 30,665,000 | $ 171,312 | $ 116,000 |
| Glens Falls, NY | 173 | $ 26,775,000 | $ 154,768 | $ 102,000 |
| Raleigh, NC | 155 | $ 100,305,000 | $ 647,129 | $ 256,000 |
| Ocala, FL | 154 | $ 39,960,000 | $ 259,480 | $ 132,000 |
| Sebastian-Vero Beach, FL | 151 | $ 26,395,000 | $ 174,801 | $ 135,000 |
| Wilmington, NC | 142 | $ 54,820,000 | $ 386,056 | $ 180,000 |
| Bangor, ME | 139 | $ 18,885,000 | $ 135,863 | $ 100,000 |
| Augusta-Richmond County, GA-SC | 126 | $ 39,080,000 | $ 310,158 | $ 137,000 |
| Vineland-Bridgeton, NJ | 118 | $ 12,430,000 | $ 105,338 | $ 97,000 |
| Richmond, VA | 108 | $ 52,210,000 | $ 483,425 | $ 243,000 |
| Lewiston-Auburn, ME | 106 | $ 12,270,000 | $ 115,754 | $ 89,000 |
| Pittsfield, MA | 106 | $ 21,010,000 | $ 198,207 | $ 147,000 |
| Spartanburg, SC | 93 | $ 12,385,000 | $ 133,172 | $ 104,000 |
| East Stroudsburg, PA | 90 | $ 18,340,000 | $ 203,777 | $ 171,000 |
| Kingston, NY | 88 | $ 27,550,000 | $ 313,068 | $ 217,000 |
| Homosassa Springs, FL | 85 | $ 21,785,000 | $ 256,294 | $ 106,000 |
| Punta Gorda, FL | 82 | $ 23,420,000 | $ 285,609 | $ 178,000 |
| Dover, DE | 78 | $ 10,880,000 | $ 139,487 | $ 86,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 73 | $ 36,565,000 | $ 500,890 | $ 257,684 |
| Durham-Chapel Hill, NC | 69 | $ 35,065,000 | $ 508,188 | $ 220,000 |
| Scranton--Wilkes-Barre--Hazleton, PA | 65 | $ 12,265,000 | $ 188,692 | $ 138,000 |
| Buffalo-Cheektowaga-Niagara Falls, NY | 51 | $ 12,985,000 | $ 254,607 | $ 164,000 |
| Pittsburgh, PA | 47 | $ 25,385,000 | $ 540,106 | $ 308,000 |
| Hickory-Lenoir-Morganton, NC | 46 | $ 16,320,000 | $ 354,782 | $ 186,000 |
| Norwich-New London, CT | 43 | $ 11,235,000 | $ 261,279 | $ 174,000 |
| Charlottesville, VA | 41 | $ 23,125,000 | $ 564,024 | $ 234,000 |
| Reading, PA | 40 | $ 7,500,000 | $ 187,500 | $ 125,000 |
| The Villages, FL | 38 | $ 9,420,000 | $ 247,894 | $ 113,000 |
| Sebring, FL | 36 | $ 5,910,000 | $ 164,166 | $ 114,000 |
| Crestview-Fort Walton Beach-Destin, FL | 35 | $ 33,585,000 | $ 959,571 | $ 535,000 |
| Pensacola-Ferry Pass-Brent, FL | 26 | $ 9,230,000 | $ 355,000 | $ 160,000 |
| Rochester, NY | 26 | $ 6,810,000 | $ 261,923 | $ 232,000 |
| Harrisburg-Carlisle, PA | 24 | $ 7,260,000 | $ 302,500 | $ 209,000 |
| Lancaster, PA | 24 | $ 7,430,000 | $ 309,583 | $ 201,000 |
| Winston-Salem, NC | 24 | $ 7,270,000 | $ 302,916 | $ 173,000 |
| Greensboro-High Point, NC | 23 | $ 10,305,000 | $ 448,043 | $ 229,000 |
| Syracuse, NY | 22 | $ 6,750,000 | $ 306,818 | $ 264,000 |
| Panama City, FL | 19 | $ 11,515,000 | $ 606,052 | $ 190,000 |
| Florence, SC | 18 | $ 2,210,000 | $ 122,777 | $ 110,000 |
| Binghamton, NY | 17 | $ 3,945,000 | $ 232,058 | $ 215,000 |
| Jacksonville, NC | 15 | $ 3,885,000 | $ 259,000 | $ 136,000 |
| California-Lexington Park, MD | 13 | $ 3,215,000 | $ 247,307 | $ 165,000 |
| Fayetteville, NC | 13 | $ 1,915,000 | $ 147,307 | $ 109,000 |
| Roanoke, VA | 13 | $ 7,565,000 | $ 581,923 | $ 260,000 |
| Hagerstown-Martinsburg, MD-WV | 12 | $ 2,450,000 | $ 204,166 | $ 124,000 |
| Tallahassee, FL | 12 | $ 5,430,000 | $ 452,500 | $ 215,000 |
| Winchester, VA-WV | 10 | $ 2,590,000 | $ 259,000 | $ 179,000 |
| York-Hanover, PA | 9 | $ 3,985,000 | $ 442,777 | $ 127,000 |
| Blacksburg-Christiansburg-Radford, VA | 8 | $ 2,910,000 | $ 363,750 | $ 290,000 |
| Greenville, NC | 8 | $ 1,470,000 | $ 183,750 | $ 89,000 |
| Lynchburg, VA | 8 | $ 2,950,000 | $ 368,750 | $ 266,000 |
| State College, PA | 8 | $ 2,630,000 | $ 328,750 | $ 410,000 |
| Utica-Rome, NY | 8 | $ 1,080,000 | $ 135,000 | $ 150,000 |
| New Bern, NC | 7 | $ 1,805,000 | $ 257,857 | $ 204,000 |
| Sumter, SC | 7 | $ 975,000 | $ 139,285 | $ 119,000 |
| Elmira, NY | 6 | $ 1,670,000 | $ 278,333 | $ 129,000 |
| Lebanon, PA | 6 | $ 1,800,000 | $ 300,000 | $ 125,000 |
| Watertown-Fort Drum, NY | 5 | $ 2,585,000 | $ 517,000 | $ 219,000 |
| Burlington, NC | 4 | $ 1,280,000 | $ 320,000 | $ 128,000 |
| Erie, PA | 4 | $ 1,470,000 | $ 367,500 | $ 237,000 |
| Johnstown, PA | 4 | $ 340,000 | $ 85,000 | $ 66,000 |
| Bloomsburg-Berwick, PA | 3 | $ 1,015,000 | $ 338,333 | $ 328,000 |
| Harrisonburg, VA | 3 | $ 565,000 | $ 188,333 | $ 86,000 |
| Rocky Mount, NC | 3 | $ 805,000 | $ 268,333 | $ 161,000 |
| Altoona, PA | 2 | $ 540,000 | $ 270,000 | $ 173,000 |
| Cumberland, MD-WV | 2 | $ 880,000 | $ 440,000 | $ 383,000 |
| Ithaca, NY | 2 | $ 910,000 | $ 455,000 | $ 217,000 |
| Staunton-Waynesboro, VA | 2 | $ 360,000 | $ 180,000 | $ 171,000 |
| Williamsport, PA | 2 | $ 420,000 | $ 210,000 | $ 141,000 |
| Chambersburg-Waynesboro, PA | 1 | $ 685,000 | $ 685,000 | $ 190,000 |
| Denver-Aurora-Lakewood, CO | 1 | $ 47,905,000 | $ 47,905,000 | $ 0 |
| Gettysburg, PA | 1 | $ 235,000 | $ 235,000 | $ 120,000 |
| Goldsboro, NC | 1 | $ 405,000 | $ 405,000 | $ 250,000 |
| Houston-The Woodlands-Sugar Land, TX | 1 | $ 165,000 | $ 165,000 | $ 60,000 |
| Huntsville, AL | 1 | $ 225,000 | $ 225,000 | $ 64,000 |
| Indianapolis-Carmel-Anderson, IN | 1 | $ 165,000 | $ 165,000 | $ 86,000 |
| San Antonio-New Braunfels, TX | 1 | $ 295,000 | $ 295,000 | $ 46,000 |
| Youngstown-Warren-Boardman, OH-PA | 1 | $ 95,000 | $ 95,000 | $ 115,000 |
Mortgage Loan Application Detail Totals for TD Bank 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 Improvement | 24,856 | $3,796,080,000 | $152,000 | $8,005,000 | $167,000 | $7,045,000 |
| Home Purchase | 24,847 | $13,757,795,000 | $553,000 | $38,605,000 | $220,000 | $8,186,000 |
| Other Purpose | 12,244 | $1,635,160,000 | $133,000 | $9,325,000 | $145,000 | $7,448,000 |
| Refinancing | 10,498 | $4,176,400,000 | $397,000 | $73,005,000 | $195,000 | $7,448,000 |
| Cash-out Refinancing | 2,003 | $1,083,425,000 | $540,000 | $15,005,000 | $223,000 | $7,514,000 |
| Not Applicable | 1 | $135,000 | $135,000 | $135,000 | $38,000 | $38,000 |
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 | 35,194 | $10,596,550,000 | $301,000 | $16,005,000 | $206,000 | $7,800,000 |
| Not applicable | 12,832 | $6,999,670,000 | $545,000 | $73,005,000 | $174,000 | $5,801,000 |
| Not Provided | 8,920 | $2,659,900,000 | $298,000 | $12,005,000 | $207,000 | $8,186,000 |
| Hispanic | 6,974 | $1,256,650,000 | $180,000 | $9,325,000 | $132,000 | $4,225,000 |
| Asian | 5,301 | $2,014,895,000 | $380,000 | $6,005,000 | $192,000 | $3,649,000 |
| Black or African American | 4,518 | $750,790,000 | $166,000 | $9,005,000 | $121,000 | $3,302,000 |
| American Indian or Alaskan Native | 170 | $24,720,000 | $145,000 | $1,505,000 | $102,000 | $507,000 |
| Native Hawaiian or Other Pacific Islander | 97 | $16,755,000 | $172,000 | $1,045,000 | $129,000 | $1,156,000 |
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) | 70,073 | $23,101,715,000 | $329,000 | $73,005,000 | $194,000 | $8,186,000 |
| FHA-insured (Federal Housing Administration) | 3,439 | $1,046,025,000 | $304,000 | $1,225,000 | $79,000 | $512,000 |
| VA-guaranteed (Veterans Administration) | 900 | $292,580,000 | $325,000 | $845,000 | $83,000 | $412,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 37 | $8,675,000 | $234,000 | $465,000 | $61,000 | $98,000 |
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 | 32,964 | $11,718,260,000 | $355,000 | $73,005,000 | $216,000 | $7,683,000 |
| Application Denied By Financial Institution | 18,762 | $3,718,780,000 | $198,000 | $16,005,000 | $128,000 | $7,514,000 |
| Loan Purchased By The Institution | 12,479 | $6,011,285,000 | $481,000 | $2,495,000 | $174,000 | $5,801,000 |
| Application Withdrawn By Applicant | 6,452 | $2,032,710,000 | $315,000 | $9,325,000 | $208,000 | $8,186,000 |
| File Closed For Incompleteness | 3,082 | $794,280,000 | $257,000 | $15,005,000 | $202,000 | $7,328,000 |
| Application Approved But Not Accepted | 710 | $173,680,000 | $244,000 | $5,505,000 | $185,000 | $4,769,000 |
| 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 | 55,687 | $20,730,215,000 | $372,000 | $73,005,000 | $204,000 | $8,186,000 |
| Debt-To-Income Ratio | 9,338 | $1,993,280,000 | $213,000 | $11,005,000 | $87,000 | $7,514,000 |
| Credit History | 4,412 | $532,710,000 | $120,000 | $5,205,000 | $141,000 | $3,600,000 |
| Collateral | 3,374 | $674,650,000 | $199,000 | $9,005,000 | $191,000 | $4,772,000 |
| Other | 1,474 | $446,690,000 | $303,000 | $16,005,000 | $217,000 | $7,218,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 71 | $49,025,000 | $690,000 | $6,005,000 | $198,000 | $1,865,000 |
| Employment History | 61 | $13,545,000 | $222,000 | $1,005,000 | $92,000 | $1,100,000 |
| Unverifiable Information | 18 | $5,910,000 | $328,000 | $875,000 | $91,000 | $272,000 |
| Credit Application Incomplete | 14 | $2,970,000 | $212,000 | $995,000 | $83,000 | $136,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into TD Bank'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 TD 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 New Jersey, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About