PGIM Real Estate Agency Finance, LLC

Newark, NJ

PGIM Real Estate Agency Finance, LLC processed 213 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 177 loans with a 0.0% denial rate. Home Purchase was the primary loan purpose. Based in Newark, NJ. The approval rate of 83.1% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. PGIM Real Estate Agency Finance, LLC's 83.1% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (181 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.

213
Applications
177
Originated
0.0%
Denial Rate
$23,820,587
Avg Loan Amount
Avg Interest Rate: 5.470%

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 181 169 0 $22,272,790
FHA 32 8 0 $32,575,313

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for PGIM Real Estate Agency Finance, LLC (LEI: 549300DH8EI64ITBY388) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 89 78 $23,871,966
Cash-out Refinancing 70 61 $25,601,857
Refinancing 53 37 $21,065,189
Home Improvement 1 1 $40,595,000

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Frequently Asked Questions

How many mortgage applications did PGIM Real Estate Agency Finance, LLC process?
PGIM Real Estate Agency Finance, LLC processed 213 mortgage applications in the 2024 HMDA reporting year. Of these, 177 were originated (approved and funded), 23 were withdrawn by the applicant, and 0 were denied.
What is PGIM Real Estate Agency Finance, LLC's mortgage approval rate?
PGIM Real Estate Agency Finance, LLC has an approval (origination) rate of 83.1%, meaning 83.1% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at PGIM Real Estate Agency Finance, LLC?
The average mortgage loan amount at PGIM Real Estate Agency Finance, LLC is $23,820,587. The average interest rate is 5.470%.
What types of mortgage loans does PGIM Real Estate Agency Finance, LLC offer?
PGIM Real Estate Agency Finance, LLC processes Conventional, FHA loans. The most common type is Conventional with 181 applications and an average loan amount of $22,272,790.
What loan purposes does PGIM Real Estate Agency Finance, LLC serve?
PGIM Real Estate Agency Finance, LLC serves the following loan purposes: Home Purchase (89 applications), Cash-out Refinancing (70 applications), Refinancing (53 applications), Home Improvement (1 applications). Home Purchase is the most common purpose.
Where is PGIM Real Estate Agency Finance, LLC located?
PGIM Real Estate Agency Finance, LLC is headquartered in Newark, NJ. The lender is identified by LEI 549300DH8EI64ITBY388 in HMDA data.

Data Sources

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.