Trident Mortgage Company LP Mortgage Lending & HMDA Data, 2020
In 2020, Trident Mortgage Company LP of Devon, PA reported 13,081 mortgage applications totaling $3.9 billion, up 52% from 2019. The average application was for $299,628, and applicants reported an average income of $143,375. 75% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Montgomery County-Bucks County-Chester County, PA (3,751), Philadelphia, PA (3,403) and Camden, NJ (2,214) (applications in parentheses).
| Mortgage Company & Address | Trident Mortgage Company LP 431 W Lancaster Ave Devon, PA 19333 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 |
| Total Number of Mortgage Applications | 13,081 |
| Total Mortgage Loan Application Amount | $3,919,445,000 |
| Average Mortgage Loan Application Amount | $299,628 |
| Highest Mortgage Loan Application Amount | $2,235,000 |
| Average Applicant Income | $143,375 |
| Highest Applicant Income | $3,876,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Trident Mortgage Company LP filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Philadelphia, Pennsylvania | 2,335 | $ 728,295,000 | $ 311,903 | $ 146,000 |
| Montgomery, Pennsylvania | 1,594 | $ 549,230,000 | $ 344,560 | $ 164,000 |
| Chester, Pennsylvania | 1,192 | $ 437,480,000 | $ 367,013 | $ 174,000 |
| Delaware, Pennsylvania | 1,068 | $ 336,290,000 | $ 314,878 | $ 150,000 |
| Bucks, Pennsylvania | 965 | $ 324,845,000 | $ 336,626 | $ 149,000 |
| Camden, New Jersey | 839 | $ 199,015,000 | $ 237,205 | $ 125,000 |
| Burlington, New Jersey | 766 | $ 196,330,000 | $ 256,305 | $ 122,000 |
| Gloucester, New Jersey | 609 | $ 138,175,000 | $ 226,888 | $ 111,000 |
| Lehigh, Pennsylvania | 574 | $ 126,660,000 | $ 220,662 | $ 98,000 |
| New Castle, Delaware | 494 | $ 126,110,000 | $ 255,283 | $ 110,000 |
| Northampton, Pennsylvania | 421 | $ 96,775,000 | $ 229,869 | $ 104,000 |
| Atlantic, New Jersey | 333 | $ 78,775,000 | $ 236,561 | $ 153,000 |
| Mercer, New Jersey | 280 | $ 89,430,000 | $ 319,392 | $ 152,000 |
| Monmouth, New Jersey | 220 | $ 89,240,000 | $ 405,636 | $ 184,000 |
| Cape May, New Jersey | 188 | $ 77,560,000 | $ 412,553 | $ 266,000 |
| Ocean, New Jersey | 157 | $ 40,035,000 | $ 255,000 | $ 134,000 |
| Middlesex, New Jersey | 108 | $ 37,530,000 | $ 347,500 | $ 136,000 |
| Cumberland, New Jersey | 85 | $ 14,955,000 | $ 175,941 | $ 77,000 |
| Salem, New Jersey | 84 | $ 15,270,000 | $ 181,785 | $ 89,000 |
| Berks, Pennsylvania | 82 | $ 17,300,000 | $ 210,975 | $ 94,000 |
| Monroe, Pennsylvania | 71 | $ 14,185,000 | $ 199,788 | $ 118,000 |
| Somerset, New Jersey | 58 | $ 20,890,000 | $ 360,172 | $ 158,000 |
| Bergen, New Jersey | 55 | $ 21,035,000 | $ 382,454 | $ 151,000 |
| Essex, New Jersey | 53 | $ 22,375,000 | $ 422,169 | $ 188,000 |
| Sussex, Delaware | 42 | $ 11,470,000 | $ 273,095 | $ 170,000 |
| Lancaster, Pennsylvania | 38 | $ 8,540,000 | $ 224,736 | $ 115,000 |
| Morris, New Jersey | 36 | $ 13,450,000 | $ 373,611 | $ 178,000 |
| Carbon, Pennsylvania | 36 | $ 6,130,000 | $ 170,277 | $ 145,000 |
| Union, New Jersey | 33 | $ 11,595,000 | $ 351,363 | $ 222,000 |
| Hunterdon, New Jersey | 27 | $ 9,615,000 | $ 356,111 | $ 163,000 |
| Luzerne, Pennsylvania | 27 | $ 4,775,000 | $ 176,851 | $ 116,000 |
| Kent, Delaware | 25 | $ 5,795,000 | $ 231,800 | $ 76,000 |
| Passaic, New Jersey | 23 | $ 8,105,000 | $ 352,391 | $ 128,000 |
| Hudson, New Jersey | 20 | $ 6,810,000 | $ 340,500 | $ 138,000 |
| Schuylkill, Pennsylvania | 20 | $ 4,270,000 | $ 213,500 | $ 131,000 |
| Cecil, Maryland | 16 | $ 3,940,000 | $ 246,250 | $ 111,000 |
| Sussex, New Jersey | 15 | $ 3,955,000 | $ 263,666 | $ 125,000 |
| Warren, New Jersey | 13 | $ 3,215,000 | $ 247,307 | $ 120,000 |
| Pike, Pennsylvania | 12 | $ 2,850,000 | $ 237,500 | $ 148,000 |
| Lackawanna, Pennsylvania | 8 | $ 1,410,000 | $ 176,250 | $ 144,000 |
| Wayne, Pennsylvania | 8 | $ 1,750,000 | $ 218,750 | $ 185,000 |
| Cumberland, Pennsylvania | 6 | $ 1,290,000 | $ 215,000 | $ 196,000 |
| Dauphin, Pennsylvania | 5 | $ 945,000 | $ 189,000 | $ 170,000 |
| York, Pennsylvania | 5 | $ 985,000 | $ 197,000 | $ 102,000 |
| Allegheny, Pennsylvania | 4 | $ 870,000 | $ 217,500 | $ 80,000 |
| Baltimore City, Maryland | 3 | $ 975,000 | $ 325,000 | $ 260,000 |
| Baltimore, Maryland | 2 | $ 940,000 | $ 470,000 | $ 627,000 |
| Howard, Maryland | 2 | $ 820,000 | $ 410,000 | $ 180,000 |
| Kent, Maryland | 2 | $ 660,000 | $ 330,000 | $ 267,000 |
| Worcester, Maryland | 2 | $ 500,000 | $ 250,000 | $ 172,000 |
| Adams, Pennsylvania | 2 | $ 350,000 | $ 175,000 | $ 80,000 |
| Centre, Pennsylvania | 2 | $ 420,000 | $ 210,000 | $ 194,000 |
| Lebanon, Pennsylvania | 2 | $ 620,000 | $ 310,000 | $ 97,000 |
| Washington, Pennsylvania | 2 | $ 590,000 | $ 295,000 | $ 97,000 |
| Montgomery, Alabama | 1 | $ 245,000 | $ 245,000 | $ 160,000 |
| Anne Arundel, Maryland | 1 | $ 385,000 | $ 385,000 | $ 847,000 |
| Harford, Maryland | 1 | $ 205,000 | $ 205,000 | $ 119,000 |
| Montgomery, Maryland | 1 | $ 1,155,000 | $ 1,155,000 | $ 321,000 |
| Talbot, Maryland | 1 | $ 405,000 | $ 405,000 | $ 310,000 |
| Wicomico, Maryland | 1 | $ 55,000 | $ 55,000 | $ 168,000 |
| Beaver, Pennsylvania | 1 | $ 235,000 | $ 235,000 | $ 80,000 |
| Erie, Pennsylvania | 1 | $ 435,000 | $ 435,000 | $ 245,000 |
| Juniata, Pennsylvania | 1 | $ 145,000 | $ 145,000 | $ 66,000 |
| Montour, Pennsylvania | 1 | $ 235,000 | $ 235,000 | $ 60,000 |
| Northumberland, Pennsylvania | 1 | $ 315,000 | $ 315,000 | $ 213,000 |
| Susquehanna, Pennsylvania | 1 | $ 205,000 | $ 205,000 | $ 243,000 |
Mortgage Loan Application Detail Totals for Trident Mortgage Company LP in 2020
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 | 8,011 | $2,353,955,000 | $293,000 | $2,235,000 | $131,000 | $3,417,000 |
| Refinancing | 4,260 | $1,326,280,000 | $311,000 | $1,755,000 | $164,000 | $3,876,000 |
| Cash-out Refinancing | 777 | $232,435,000 | $299,000 | $1,855,000 | $158,000 | $1,309,000 |
| Other Purpose | 33 | $6,775,000 | $205,000 | $515,000 | $141,000 | $683,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 8,459 | $2,610,765,000 | $308,000 | $2,235,000 | $150,000 | $3,876,000 |
| Not Provided | 2,848 | $834,380,000 | $292,000 | $1,855,000 | $139,000 | $1,017,000 |
| Black or African American | 591 | $133,355,000 | $225,000 | $1,085,000 | $95,000 | $1,027,000 |
| Asian | 542 | $175,140,000 | $323,000 | $1,505,000 | $155,000 | $869,000 |
| Hispanic | 519 | $125,245,000 | $241,000 | $1,685,000 | $102,000 | $800,000 |
| American Indian or Alaskan Native | 18 | $3,830,000 | $212,000 | $425,000 | $92,000 | $191,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $1,370,000 | $342,000 | $515,000 | $156,000 | $265,000 |
| 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) | 11,510 | $3,571,150,000 | $310,000 | $2,235,000 | $153,000 | $3,876,000 |
| FHA-insured (Federal Housing Administration) | 1,353 | $282,745,000 | $208,000 | $725,000 | $72,000 | $351,000 |
| VA-guaranteed (Veterans Administration) | 186 | $58,910,000 | $316,000 | $895,000 | $104,000 | $354,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 32 | $6,640,000 | $207,000 | $395,000 | $66,000 | $100,000 |
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 | 9,816 | $2,933,650,000 | $298,000 | $2,235,000 | $140,000 | $3,876,000 |
| Application Withdrawn By Applicant | 2,297 | $688,565,000 | $299,000 | $1,855,000 | $152,000 | $1,357,000 |
| File Closed For Incompleteness | 742 | $239,730,000 | $323,000 | $2,205,000 | $175,000 | $1,037,000 |
| Application Denied By Financial Institution | 203 | $52,065,000 | $256,000 | $1,225,000 | $101,000 | $720,000 |
| Application Approved But Not Accepted | 23 | $5,435,000 | $236,000 | $475,000 | $107,000 | $336,000 |
| 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 | 12,878 | $3,867,380,000 | $300,000 | $2,235,000 | $144,000 | $3,876,000 |
| Debt-To-Income Ratio | 58 | $15,290,000 | $263,000 | $945,000 | $70,000 | $235,000 |
| Credit History | 46 | $12,340,000 | $268,000 | $1,225,000 | $129,000 | $720,000 |
| Collateral | 41 | $11,095,000 | $270,000 | $725,000 | $127,000 | $347,000 |
| Unverifiable Information | 20 | $4,770,000 | $238,000 | $615,000 | $82,000 | $472,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 18 | $4,700,000 | $261,000 | $705,000 | $114,000 | $350,000 |
| Other | 15 | $2,675,000 | $178,000 | $495,000 | $87,000 | $170,000 |
| Employment History | 4 | $1,090,000 | $272,000 | $655,000 | $86,000 | $185,000 |
| Mortgage Insurance Denied | 1 | $105,000 | $105,000 | $105,000 | $48,000 | $48,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Trident Mortgage Company LP's 2020 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 Trident Mortgage Company LP'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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with aggregated HMDA statistics today.
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