American Federal Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2009
Find mortgage loan statistics, lending data, and loan application totals for New Jersey.
The mortgage statistics and data below are specific to mortgage loan applications for American Federal Mortgage Corporation.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| Mortgage Company & Address | American Federal Mortgage Corporation 360 Route 24 Chester, NJ 07930 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 |
| Total Number of Mortgage Applications | 3,221 |
| Total Mortgage Loan Application Amount | $966,722,000 |
| Average Mortgage Loan Application Amount | $282,666 |
| Highest Mortgage Loan Application Amount | $2,500,000 |
| Average Applicant Income | $118,666 |
| Highest Applicant Income | $3,733,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in NJ, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Morris County New Jersey | 511 | $ 157,660,000 | $ 308,000 | $ 135,000 |
| Middlesex County New Jersey | 335 | $ 94,614,000 | $ 282,000 | $ 123,000 |
| Bergen County New Jersey | 249 | $ 81,400,000 | $ 326,000 | $ 151,000 |
| Somerset County New Jersey | 223 | $ 71,580,000 | $ 320,000 | $ 151,000 |
| Monmouth County New Jersey | 198 | $ 63,875,000 | $ 322,000 | $ 146,000 |
| Essex County New Jersey | 144 | $ 52,103,000 | $ 361,000 | $ 178,000 |
| Union County New Jersey | 127 | $ 41,118,000 | $ 323,000 | $ 180,000 |
| Hunterdon County New Jersey | 120 | $ 35,803,000 | $ 298,000 | $ 154,000 |
| Mercer County New Jersey | 112 | $ 36,949,000 | $ 329,000 | $ 148,000 |
| Ocean County New Jersey | 104 | $ 30,725,000 | $ 295,000 | $ 167,000 |
| Sussex County New Jersey | 102 | $ 24,004,000 | $ 235,000 | $ 105,000 |
| Hudson County New Jersey | 88 | $ 28,575,000 | $ 324,000 | $ 153,000 |
| Passaic County New Jersey | 80 | $ 24,138,000 | $ 301,000 | $ 124,000 |
| Burlington County New Jersey | 76 | $ 19,382,000 | $ 255,000 | $ 147,000 |
| Montgomery County Pennsylvania | 66 | $ 20,291,000 | $ 307,000 | $ 145,000 |
| Chester County Pennsylvania | 59 | $ 17,682,000 | $ 299,000 | $ 142,000 |
| Warren County New Jersey | 51 | $ 12,818,000 | $ 251,000 | $ 99,000 |
| Hartford County Connecticut | 48 | $ 12,885,000 | $ 268,000 | $ 124,000 |
| Bucks County Pennsylvania | 44 | $ 14,642,000 | $ 332,000 | $ 149,000 |
| Camden County New Jersey | 38 | $ 8,689,000 | $ 228,000 | $ 114,000 |
| Fairfield County Connecticut | 37 | $ 12,537,000 | $ 338,000 | $ 133,000 |
| Philadelphia County Pennsylvania | 35 | $ 8,266,000 | $ 236,000 | $ 126,000 |
| Cape May County New Jersey | 28 | $ 6,226,000 | $ 222,000 | $ 177,000 |
| Gloucester County New Jersey | 28 | $ 6,304,000 | $ 225,000 | $ 99,000 |
| Delaware County Pennsylvania | 27 | $ 8,226,000 | $ 304,000 | $ 203,000 |
| Northampton County Pennsylvania | 21 | $ 5,844,000 | $ 278,000 | $ 132,000 |
| New Haven County Connecticut | 19 | $ 5,542,000 | $ 291,000 | $ 117,000 |
| Atlantic County New Jersey | 17 | $ 3,675,000 | $ 216,000 | $ 135,000 |
| Monroe County Pennsylvania | 14 | $ 3,259,000 | $ 232,000 | $ 146,000 |
| Cumberland County Pennsylvania | 12 | $ 2,601,000 | $ 216,000 | $ 114,000 |
| Allegheny County Pennsylvania | 11 | $ 2,343,000 | $ 213,000 | $ 111,000 |
| Lehigh County Pennsylvania | 11 | $ 2,199,000 | $ 199,000 | $ 109,000 |
| Nassau County New York | 9 | $ 3,448,000 | $ 383,000 | $ 186,000 |
| Queens County New York | 7 | $ 2,747,000 | $ 392,000 | $ 111,000 |
| Rockland County New York | 7 | $ 1,975,000 | $ 282,000 | $ 151,000 |
| Westchester County New York | 7 | $ 3,269,000 | $ 467,000 | $ 279,000 |
| Lancaster County Pennsylvania | 7 | $ 1,356,000 | $ 193,000 | $ 106,000 |
| Middlesex County Massachusetts | 6 | $ 1,856,000 | $ 309,000 | $ 178,000 |
| Pike County Pennsylvania | 6 | $ 1,266,000 | $ 211,000 | $ 189,000 |
| Middlesex County Connecticut | 5 | $ 1,860,000 | $ 372,000 | $ 194,000 |
| Orange County New York | 5 | $ 1,321,000 | $ 264,000 | $ 106,000 |
| Suffolk County New York | 5 | $ 2,235,000 | $ 447,000 | $ 160,000 |
| Wayne County Pennsylvania | 5 | $ 1,381,000 | $ 276,000 | $ 224,000 |
| New London County Connecticut | 4 | $ 1,022,000 | $ 255,000 | $ 114,000 |
| Tolland County Connecticut | 4 | $ 907,000 | $ 226,000 | $ 114,000 |
| Barnstable County Massachusetts | 4 | $ 1,068,000 | $ 267,000 | $ 248,000 |
| Salem County New Jersey | 4 | $ 651,000 | $ 162,000 | $ 121,000 |
| Kings County New York | 4 | $ 1,220,000 | $ 305,000 | $ 102,000 |
| Dauphin County Pennsylvania | 4 | $ 728,000 | $ 182,000 | $ 99,000 |
| Westmoreland County Pennsylvania | 4 | $ 681,000 | $ 170,000 | $ 79,000 |
| York County Pennsylvania | 4 | $ 829,000 | $ 207,000 | $ 95,000 |
| Broomfield County Colorado | 3 | $ 1,050,000 | $ 350,000 | $ 131,000 |
| Denver County Colorado | 3 | $ 1,117,000 | $ 372,000 | $ 275,000 |
| Essex County Massachusetts | 3 | $ 983,000 | $ 327,000 | $ 118,000 |
| Cumberland County New Jersey | 3 | $ 604,000 | $ 201,000 | $ 110,000 |
| Richmond County New York | 3 | $ 899,000 | $ 299,000 | $ 78,000 |
| Adams County Pennsylvania | 3 | $ 761,000 | $ 253,000 | $ 120,000 |
| Lackawanna County Pennsylvania | 3 | $ 549,000 | $ 183,000 | $ 135,000 |
| Northumberland County Pennsylvania | 3 | $ 528,000 | $ 176,000 | $ 181,000 |
| Boulder County Colorado | 2 | $ 359,000 | $ 179,000 | $ 110,000 |
| El Paso County Colorado | 2 | $ 540,000 | $ 270,000 | $ 160,000 |
| Summit County Colorado | 2 | $ 555,000 | $ 277,000 | $ 159,000 |
| Norfolk County Massachusetts | 2 | $ 570,000 | $ 285,000 | $ 90,000 |
| Suffolk County Massachusetts | 2 | $ 450,000 | $ 225,000 | $ 94,000 |
| Worcester County Massachusetts | 2 | $ 575,000 | $ 287,000 | $ 136,000 |
| Dutchess County New York | 2 | $ 408,000 | $ 204,000 | $ 127,000 |
| Erie County New York | 2 | $ 434,000 | $ 217,000 | $ 69,000 |
| Greene County New York | 2 | $ 266,000 | $ 133,000 | $ 213,000 |
| New York County New York | 2 | $ 668,000 | $ 334,000 | $ 247,000 |
| Putnam County New York | 2 | $ 827,000 | $ 413,000 | $ 168,000 |
| Sullivan County New York | 2 | $ 610,000 | $ 305,000 | $ 163,000 |
| Cuyahoga County Ohio | 2 | $ 517,000 | $ 258,000 | $ 149,000 |
| Hamilton County Ohio | 2 | $ 433,000 | $ 216,000 | $ 109,000 |
| Blair County Pennsylvania | 2 | $ 342,000 | $ 171,000 | $ 71,000 |
| Carbon County Pennsylvania | 2 | $ 336,000 | $ 168,000 | $ 215,000 |
| Centre County Pennsylvania | 2 | $ 500,000 | $ 250,000 | $ 102,000 |
| Arapahoe County Colorado | 1 | $ 149,000 | $ 149,000 | $ 243,000 |
| Eagle County Colorado | 1 | $ 341,000 | $ 341,000 | $ 457,000 |
| Jefferson County Colorado | 1 | $ 220,000 | $ 220,000 | $ 142,000 |
| Mesa County Colorado | 1 | $ 195,000 | $ 195,000 | $ 55,000 |
| Windham County Connecticut | 1 | $ 225,000 | $ 225,000 | $ 127,000 |
| Bristol County Massachusetts | 1 | $ 228,000 | $ 228,000 | $ 139,000 |
| Hampden County Massachusetts | 1 | $ 165,000 | $ 165,000 | $ 61,000 |
| Hampshire County Massachusetts | 1 | $ 365,000 | $ 365,000 | $ 150,000 |
| Plymouth County Massachusetts | 1 | $ 400,000 | $ 400,000 | $ 115,000 |
| Essex County New York | 1 | $ 100,000 | $ 100,000 | $ 184,000 |
| Fulton County New York | 1 | $ 250,000 | $ 250,000 | $ 223,000 |
| Onondaga County New York | 1 | $ 153,000 | $ 153,000 | $ 76,000 |
| Rensselaer County New York | 1 | $ 335,000 | $ 335,000 | $ 133,000 |
| Saratoga County New York | 1 | $ 575,000 | $ 575,000 | $ 670,000 |
| Schenectady County New York | 1 | $ 100,000 | $ 100,000 | $ 47,000 |
| St. Lawrence County New York | 1 | $ 205,000 | $ 205,000 | $ 202,000 |
| Delaware County Ohio | 1 | $ 347,000 | $ 347,000 | $ 151,000 |
| Lucas County Ohio | 1 | $ 116,000 | $ 116,000 | $ 34,000 |
| Berks County Pennsylvania | 1 | $ 246,000 | $ 246,000 | $ 120,000 |
| Clarion County Pennsylvania | 1 | $ 220,000 | $ 220,000 | $ 174,000 |
| Erie County Pennsylvania | 1 | $ 254,000 | $ 254,000 | $ 108,000 |
| Franklin County Pennsylvania | 1 | $ 144,000 | $ 144,000 | $ 65,000 |
| Huntingdon County Pennsylvania | 1 | $ 190,000 | $ 190,000 | $ 79,000 |
| Lebanon County Pennsylvania | 1 | $ 135,000 | $ 135,000 | $ 301,000 |
| Luzerne County Pennsylvania | 1 | $ 103,000 | $ 103,000 | $ 111,000 |
| Mercer County Pennsylvania | 1 | $ 117,000 | $ 117,000 | $ 63,000 |
| Schuylkill County Pennsylvania | 1 | $ 188,000 | $ 188,000 | $ 63,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of New Jersey,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for American Federal Mortgage Corporation in 2009
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 2,553 | $757,612,000 | $296,000 | $1,495,000 | $144,000 | $1,131,000 |
| Home Purchase | 666 | $208,631,000 | $313,000 | $2,500,000 | $139,000 | $3,733,000 |
| Home Improvement | 2 | $479,000 | $239,000 | $274,000 | $73,000 | $78,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 2,470 | $740,676,000 | $299,000 | $2,500,000 | $146,000 | $3,733,000 |
| Asian | 638 | $193,945,000 | $303,000 | $1,085,000 | $136,000 | $1,040,000 |
| Hispanic | 67 | $20,483,000 | $305,000 | $730,000 | $130,000 | $641,000 |
| Black or African American | 29 | $7,231,000 | $249,000 | $540,000 | $95,000 | $212,000 |
| Not Provided | 10 | $2,770,000 | $277,000 | $690,000 | $121,000 | $293,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $997,000 | $249,000 | $304,000 | $77,000 | $110,000 |
| American Indian or Alaskan Native | 3 | $620,000 | $206,000 | $300,000 | $78,000 | $90,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 3,015 | $906,905,000 | $300,000 | $2,500,000 | $146,000 | $3,733,000 |
| FHA-insured (Federal Housing Administration) | 206 | $59,817,000 | $290,000 | $642,000 | $99,000 | $300,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 2,802 | $830,603,000 | $296,000 | $2,500,000 | $144,000 | $3,733,000 |
| Application Denied By Financial Institution | 275 | $91,017,000 | $330,000 | $1,085,000 | $138,000 | $1,040,000 |
| File Closed For Incompleteness | 71 | $21,728,000 | $306,000 | $1,300,000 | $128,000 | $776,000 |
| Application Approved But Not Accepted | 58 | $18,646,000 | $321,000 | $651,000 | $137,000 | $400,000 |
| Application Withdrawn By Applicant | 15 | $4,728,000 | $315,000 | $448,000 | $107,000 | $213,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Collateral | 157 | $51,793,000 | $329,000 | $1,085,000 | $145,000 | $1,040,000 |
| Debt-To-Income Ratio | 47 | $15,363,000 | $326,000 | $750,000 | $92,000 | $400,000 |
| Other | 7 | $2,427,000 | $346,000 | $690,000 | $128,000 | $293,000 |
| Credit History | 7 | $2,160,000 | $308,000 | $485,000 | $120,000 | $218,000 |
| Unverifiable Information | 6 | $1,584,000 | $264,000 | $382,000 | $154,000 | $293,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $1,399,000 | $349,000 | $710,000 | $139,000 | $292,000 |
| Employment History | 2 | $890,000 | $445,000 | $540,000 | $120,000 | $145,000 |
| Mortgage Insurance Denied | 1 | $193,000 | $193,000 | $193,000 | $72,000 | $72,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in NJ, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in New Jersey, and search similar information at your convenience.