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| Location |
Gloucester County NJ
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| Year | 2010 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 2009 2010 |
| Total Number of Mortgage Applications | 20,036 |
| Total Amount of All Mortgage Loans Applied For | $3,711,545,000 |
| Average Mortgage Loan Amount Applied For | $185,000 |
| Highest Mortgage Loan Amount Applied For | $20,250,000 |
| Average Applicant Income | $84,000 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
1,399 | $73,035,000 |
$52,000 | $417,000 |
$86,000 | $621,000 |
| Home Purchase |
5,132 | $1,030,064,000 |
$200,000 | $20,250,000 |
$76,000 | $2,959,000 |
| Refinancing |
13,505 | $2,608,446,000 |
$193,000 | $17,716,000 |
$87,000 | $9,999,000 |
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| American Indian or Alaskan Native |
47 | $7,829,000 |
$166,000 | $400,000 |
$102,000 | $750,000 |
| Asian |
391 | $87,579,000 |
$223,000 | $647,000 |
$93,000 | $478,000 |
| Black or African American |
959 | $185,325,000 |
$193,000 | $582,000 |
$83,000 | $1,200,000 |
| Hispanic |
377 | $67,163,000 |
$178,000 | $874,000 |
$78,000 | $415,000 |
| Native Hawaiin or Other Pacific Islander |
34 | $5,824,000 |
$171,000 | $442,000 |
$80,000 | $184,000 |
| Not applicable |
1,700 | $380,602,000 |
$223,000 | $20,250,000 |
$10,000 | $667,000 |
| Not Provided |
2,421 | $454,101,000 |
$187,000 | $805,000 |
$93,000 | $1,980,000 |
| White |
14,107 | $2,523,122,000 |
$178,000 | $1,055,000 |
$91,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
13,313 | $2,309,089,000 |
$173,000 | $17,716,000 |
$93,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
6,070 | $1,260,499,000 |
$207,000 | $20,250,000 |
$65,000 | $2,959,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
130 | $22,535,000 |
$173,000 | $325,000 |
$60,000 | $89,000 |
| VA-guaranteed (Veterans Administration) |
523 | $119,422,000 |
$228,000 | $574,000 |
$55,000 | $382,000 |
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| Application Approved But Not Accepted |
647 | $118,681,000 |
$183,000 | $595,000 |
$112,000 | $9,999,000 |
| Application Denied By Financial Institution |
3,384 | $586,327,000 |
$173,000 | $17,716,000 |
$87,000 | $9,999,000 |
| Application Withdrawn By Applicant |
1,935 | $384,159,000 |
$198,000 | $20,250,000 |
$91,000 | $1,320,000 |
| File Closed For Incompleteness |
565 | $113,201,000 |
$200,000 | $616,000 |
$88,000 | $2,400,000 |
| Loan Originated |
8,875 | $1,585,608,000 |
$178,000 | $7,600,000 |
$93,000 | $9,999,000 |
| Loan Purchased By The Institution |
4,630 | $923,569,000 |
$199,000 | $658,000 |
$56,000 | $2,959,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
620 | $113,587,000 |
$183,000 | $930,000 |
$121,000 | $9,999,000 |
| Credit Application Incomplete |
322 | $61,252,000 |
$190,000 | $555,000 |
$90,000 | $1,200,000 |
| Credit History |
684 | $77,807,000 |
$113,000 | $540,000 |
$77,000 | $1,109,000 |
| Debt-To-Income Ratio |
715 | $117,675,000 |
$164,000 | $874,000 |
$67,000 | $600,000 |
| Employment History |
37 | $6,992,000 |
$188,000 | $562,000 |
$100,000 | $588,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
70 | $15,979,000 |
$228,000 | $500,000 |
$106,000 | $252,000 |
| Mortgage Insurance Denied |
6 | $1,007,000 |
$167,000 | $236,000 |
$92,000 | $125,000 |
| Other |
329 | $58,049,000 |
$176,000 | $638,000 |
$93,000 | $1,980,000 |
| Unverifiable Information |
73 | $12,955,000 |
$177,000 | $392,000 |
$79,000 | $455,000 |
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