Applications / Mortgage Analytics / Lenders / New Jersey / MDE Home Loans
Red Bank, NJ · Independent non-bank lender · CFPB · 309 loans in 2025
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309
loans originated, 2025
400
applications, 2025
11
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
MDE Home Loans, a New Jersey non-bank whose lending centers on Pennsylvania, makes much larger loans than similar lenders, and its volume has held at about half its 2020 level.
Its typical loan was $595,000, against $325,000 at the typical similar lender, here meaning independent non-bank lenders making between half and twice as many loans. That is larger than at more than nine in ten of them, and up from $355,000 five years before. Purchases made up 75.7% of its loans, and conventional loans 84.5%.
Only 2.9% of its borrowers had low or moderate incomes (LMI), against 22.1% at peers, down from 14.1% five years before. It made 3.6% of its loans in majority-minority neighborhoods, against 21.8%. Loans of this size may go mainly to higher earners, which could account for both, as could the counties where it lends.
It made 309 loans in 2025, the same as in 2024, while similar lenders grew 2% and the whole market 10%. That is less than half the 647 it made in 2020. Its recent low was 205 in 2023.
It ranks 22 of 365 lenders in Lancaster, 26 of 396 in Harrisburg-Carlisle and 35 of 379 in York-Hanover, each with under 1% of lending. Members 1st Federal Credit Union sits among the leaders in all three. Its share in York-Hanover rose to 0.8% from 0.6%.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. MDE Home Loans took 400 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 75.7% · Refinance 24.3%
Conventional 84.5% · FHA 9.4% · VA 6.1% · of 309 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Pennsylvania | 234 | 75.7% |
| Delaware | 22 | 7.1% |
| Maryland | 21 | 6.8% |
| New Jersey | 15 | 4.9% |
| North Carolina | 4 | 1.3% |
| Virginia | 4 | 1.3% |
| Florida | 3 | 1.0% |
| South Carolina | 3 | 1.0% |
| Georgia | 1 | 0.3% |
| Tennessee | 1 | 0.3% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Montgomery County-Bucks County-Chester County | 97 |
| Harrisburg-Carlisle | 47 |
| Lancaster | 47 |
| York-Hanover | 37 |
| Wilmington | 17 |
| Frederick-Gaithersburg-Bethesda | 14 |
| Lakewood-New Brunswick | 10 |
| Baltimore-Columbia-Towson | 7 |
| Dover | 5 |
| Arlington-Alexandria-Reston | 4 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300W20M87S246SZ26 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 4889904 | 2017–2023 |
| Respondent ID (the HMDA filer code before 2018) | 7264221599 |
Established 10 February 2009. Reported under HMDA 2014-2025.
Mergers, name changes, data editions and corrections: MDE Home Loans's data.
MDE Home Loans's data
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MDE Home Loans and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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