EMM Loans LLC
Cherry Hill, NJ
EMM Loans LLC processed 7,355 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 5,285 loans with a 5.0% denial rate. Home Purchase was the primary loan purpose. Based in Cherry Hill, NJ. The approval rate of 71.9% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.
Portfolio scale. EMM Loans LLC processed 7,355 HMDA-reported mortgage applications in 2024, originating 5,285 loans and denying 366 for a denial rate of 5.0% (applicants themselves withdrew 718 files before a decision). The average loan amount was $329,476 at a 6.549% average note rate, and applicants self-reported an average income of $39,000. The lender reports under LEI 549300EMNDEK4BA8WB53 from Cherry Hill, NJ.
Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. EMM Loans LLC's 71.9% origination rate tells you how often an application turned into funded money; the 5.0% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Debt-to-income ratio, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (4,180 applications).
How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.
Lending Activity
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 4,180 | 3,367 | 90 | $342,569 |
| FHA | 2,547 | 1,445 | 248 | $296,127 |
| VA | 545 | 411 | 25 | $403,862 |
| USDA | 83 | 62 | 3 | $205,000 |
Top loan types — EMM Loans LLC
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for EMM Loans LLC (LEI: 549300EMNDEK4BA8WB53) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Denial Analysis
Loan Purpose Breakdown
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Home Purchase | 5,388 | 4,354 | $343,372 |
| Refinancing | 1,967 | 931 | $291,411 |
Geographic Coverage — Lending by Race
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 5,118 | 73.6% | 4.6% |
| Black or African American | 665 | 56.7% | 9.5% |
| Asian | 187 | 72.7% | 3.2% |
| Joint | 136 | 78.7% | 4.4% |
| 2 or more minority races | 31 | 67.7% | 9.7% |
| American Indian or Alaska Native | 13 | 84.6% | 0.0% |
| Native Hawaiian or Other Pacific Islander | 13 | 69.2% | 0.0% |
Lending by Ethnicity
Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.
| Ethnicity | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Not Hispanic or Latino | 5,540 | 70.8% | 5.1% |
| Hispanic or Latino | 485 | 67.8% | 7.2% |
| Joint | 110 | 68.2% | 10.0% |
Nearby Lenders in NJ
Other HMDA-reporting lenders in NJ with similar activity. Compare any two side-by-side.
TD Bank
Mount Laurel, NJ
HomeBridge Financial Services, Inc
Iselin, NJ
American Neighborhood Mortgage Acceptance Company
Mt. Laurel, NJ
American Financial Resources LLC
PARSIPPANY, NJ
LONGBRIDGE FINANCIAL, LLC
PARAMUS, NJ
Mortgage Lending Guides
Frequently Asked Questions
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Data Sources
Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.
Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.