The Mortgage Record
Lender report card · New Jersey

Mde Home Loans Llc

Tinton Falls, NJ · What the federal mortgage record shows about how Mde Home Loans Llc treated New Jersey applicants, 2018–2025 — 1,077 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
93.5%
1,007 approved
Denial rate
6.5%
70 denied
Decisions
1,077
2018–2025
Avg. rate spread
+0.45 pp
vs. market benchmark
93.5% approved
6.5% denied

Share of 1,077 New Jersey applications Mde Home Loans Llc approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional95.9% of 802 · NJ 87%FHA86.8% of 234 · NJ 79%VA89.2% of 37 · NJ 80%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

84%88%92%96%100%95%97%94%91%88%88%100%100%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Mde Home Loans Llc’s rates ran +0.09 pp higher than the typical New Jersey lender (average rate spread +0.45 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Mde Home Loans Llc approves

By income
Under $50k81.8% · 66$50–75k91.8% · 122$75–100k93.5% · 199$100–150k93.5% · 353$150–250k95.4% · 239$250k+98.9% · 89
By debt-to-income
Under 36%95.1% · 37036–43%97.9% · 23943–50%94.3% · 314Over 50%79.4% · 131
By down payment (LTV)
20%+ down96.4% · 50210–20% down89.8% · 1085–10% down90.4% · 1143–5% down84.8% · 92

Why Mde Home Loans Llc denied applications

Debt-to-income ratio40% of denialsCredit history24% of denialsOther19% of denialsCollateral (value/type)14% of denialsEmployment history6% of denialsInsufficient cash to close4% of denials

Where Mde Home Loans Llc lends in NJ

CountyDecisionsApproval
Middlesex County21694.0%
Ocean County16797.6%
Monmouth County14789.8%
Burlington County12994.6%
Gloucester County5692.9%
Morris County4897.9%
Mercer County4281.0%
Somerset County41100.0%

Fees & closing costs

Median total loan costs
$6,370
home purchase
As % of loan
2.46%
NJ median 1.93%
Priced originations
601
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Mde Home Loans Llc’s home-purchase originations — 0.53 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $2,000. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by Mde Home Loans Llc (LEI 549300W20M87S246SZ26). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →