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| Location |
Ocean County NJ
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 41,263 |
| Total Amount of All Mortgage Loans Applied For | $9,651,622,000 |
| Average Mortgage Loan Amount Applied For | $233,000 |
| Highest Mortgage Loan Amount Applied For | $17,000,000 |
| Average Applicant Income | $101,000 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
3,983 | $301,395,000 |
$75,000 | $2,394,000 |
$86,000 | $1,850,000 |
| Home Purchase |
12,332 | $3,170,486,000 |
$257,000 | $3,100,000 |
$117,000 | $8,130,000 |
| Refinancing |
24,948 | $6,179,741,000 |
$247,000 | $17,000,000 |
$96,000 | $9,999,000 |
|
| American Indian or Alaskan Native |
94 | $21,654,000 |
$230,000 | $1,500,000 |
$100,000 | $1,184,000 |
| Asian |
449 | $117,844,000 |
$262,000 | $1,452,000 |
$133,000 | $1,353,000 |
| Black or African American |
773 | $177,699,000 |
$229,000 | $850,000 |
$80,000 | $708,000 |
| Hispanic |
1,377 | $302,607,000 |
$219,000 | $2,500,000 |
$96,000 | $9,999,000 |
| Native Hawaiin or Other Pacific Islander |
75 | $17,834,000 |
$237,000 | $900,000 |
$100,000 | $645,000 |
| Not applicable |
2,948 | $788,161,000 |
$267,000 | $17,000,000 |
$34,000 | $2,400,000 |
| Not Provided |
5,253 | $1,242,551,000 |
$236,000 | $3,000,000 |
$115,000 | $8,273,000 |
| White |
30,294 | $6,983,272,000 |
$230,000 | $9,950,000 |
$105,000 | $8,130,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
33,033 | $7,529,811,000 |
$227,000 | $17,000,000 |
$110,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
7,829 | $2,028,909,000 |
$259,000 | $743,000 |
$66,000 | $1,353,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
108 | $22,269,000 |
$206,000 | $354,000 |
$54,000 | $94,000 |
| VA-guaranteed (Veterans Administration) |
293 | $70,633,000 |
$241,000 | $454,000 |
$55,000 | $148,000 |
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| Application Approved But Not Accepted |
3,046 | $679,131,000 |
$222,000 | $9,950,000 |
$118,000 | $8,273,000 |
| Application Denied By Financial Institution |
8,276 | $1,827,808,000 |
$220,000 | $4,400,000 |
$96,000 | $4,141,000 |
| Application Withdrawn By Applicant |
3,595 | $908,614,000 |
$252,000 | $2,300,000 |
$113,000 | $9,999,000 |
| File Closed For Incompleteness |
996 | $257,995,000 |
$259,000 | $1,500,000 |
$113,000 | $1,320,000 |
| Loan Originated |
17,538 | $3,976,440,000 |
$226,000 | $7,548,000 |
$115,000 | $8,130,000 |
| Loan Purchased By The Institution |
7,812 | $2,001,634,000 |
$256,000 | $17,000,000 |
$62,000 | $4,834,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
1,431 | $350,067,000 |
$244,000 | $1,910,000 |
$119,000 | $3,364,000 |
| Credit Application Incomplete |
542 | $138,343,000 |
$255,000 | $4,400,000 |
$122,000 | $2,192,000 |
| Credit History |
1,419 | $217,922,000 |
$153,000 | $2,100,000 |
$89,000 | $1,647,000 |
| Debt-To-Income Ratio |
1,409 | $300,638,000 |
$213,000 | $1,650,000 |
$74,000 | $3,330,000 |
| Employment History |
52 | $10,608,000 |
$204,000 | $560,000 |
$99,000 | $593,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
99 | $22,946,000 |
$231,000 | $675,000 |
$124,000 | $1,206,000 |
| Mortgage Insurance Denied |
27 | $6,689,000 |
$247,000 | $445,000 |
$78,000 | $189,000 |
| Other |
610 | $155,943,000 |
$255,000 | $1,931,000 |
$119,000 | $1,886,000 |
| Unverifiable Information |
210 | $59,220,000 |
$282,000 | $2,160,000 |
$134,000 | $913,000 |
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