American Federal Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2010

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 2,853
Total Mortgage Loan Application Amount $852,791,000
Average Mortgage Loan Application Amount $277,000
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $134,666
Highest Applicant Income $1,551,000

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.

Mortgage Loan Application Totals for American Federal Mortgage Corporation by County in 2010

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 386 $ 122,805,000 $ 318,000 $ 145,000
Middlesex County New Jersey 277 $ 77,100,000 $ 278,000 $ 117,000
Bergen County New Jersey 231 $ 75,692,000 $ 327,000 $ 147,000
Somerset County New Jersey 208 $ 69,115,000 $ 332,000 $ 179,000
Monmouth County New Jersey 155 $ 53,458,000 $ 344,000 $ 158,000
Union County New Jersey 118 $ 42,376,000 $ 359,000 $ 180,000
Essex County New Jersey 110 $ 40,189,000 $ 365,000 $ 182,000
Montgomery County Pennsylvania 110 $ 29,531,000 $ 268,000 $ 134,000
Ocean County New Jersey 95 $ 25,654,000 $ 270,000 $ 208,000
Sussex County New Jersey 87 $ 22,013,000 $ 253,000 $ 121,000
Mercer County New Jersey 84 $ 24,151,000 $ 287,000 $ 153,000
Hudson County New Jersey 78 $ 25,977,000 $ 333,000 $ 162,000
Hunterdon County New Jersey 78 $ 23,967,000 $ 307,000 $ 164,000
Passaic County New Jersey 76 $ 20,909,000 $ 275,000 $ 123,000
Chester County Pennsylvania 74 $ 20,840,000 $ 281,000 $ 144,000
Burlington County New Jersey 72 $ 18,490,000 $ 256,000 $ 131,000
Bucks County Pennsylvania 58 $ 15,263,000 $ 263,000 $ 138,000
Warren County New Jersey 43 $ 9,864,000 $ 229,000 $ 105,000
Philadelphia County Pennsylvania 42 $ 10,351,000 $ 246,000 $ 172,000
Hartford County Connecticut 41 $ 10,398,000 $ 253,000 $ 133,000
Camden County New Jersey 32 $ 7,168,000 $ 224,000 $ 114,000
Northampton County Pennsylvania 31 $ 7,160,000 $ 230,000 $ 116,000
Fairfield County Connecticut 26 $ 11,997,000 $ 461,000 $ 194,000
Delaware County Pennsylvania 25 $ 6,747,000 $ 269,000 $ 147,000
Cape May County New Jersey 20 $ 6,330,000 $ 316,000 $ 228,000
Allegheny County Pennsylvania 20 $ 4,020,000 $ 201,000 $ 136,000
Atlantic County New Jersey 18 $ 4,953,000 $ 275,000 $ 143,000
Westchester County New York 16 $ 6,949,000 $ 434,000 $ 168,000
Gloucester County New Jersey 15 $ 3,217,000 $ 214,000 $ 131,000
Lehigh County Pennsylvania 14 $ 3,076,000 $ 219,000 $ 117,000
Nassau County New York 13 $ 5,077,000 $ 390,000 $ 165,000
Monroe County Pennsylvania 13 $ 2,536,000 $ 195,000 $ 157,000
New Haven County Connecticut 11 $ 2,907,000 $ 264,000 $ 118,000
Lancaster County Pennsylvania 10 $ 1,972,000 $ 197,000 $ 88,000
Pike County Pennsylvania 10 $ 2,105,000 $ 210,000 $ 182,000
York County Pennsylvania 10 $ 2,115,000 $ 211,000 $ 88,000
Berks County Pennsylvania 9 $ 1,757,000 $ 195,000 $ 107,000
Cumberland County Pennsylvania 9 $ 1,902,000 $ 211,000 $ 100,000
Middlesex County Connecticut 8 $ 2,524,000 $ 315,000 $ 240,000
Queens County New York 7 $ 2,039,000 $ 291,000 $ 82,000
Rockland County New York 7 $ 2,574,000 $ 367,000 $ 148,000
Kings County New York 5 $ 1,899,000 $ 379,000 $ 113,000
Richmond County New York 5 $ 887,000 $ 177,000 $ 89,000
Butler County Pennsylvania 5 $ 1,094,000 $ 218,000 $ 227,000
Centre County Pennsylvania 5 $ 971,000 $ 194,000 $ 118,000
Tolland County Connecticut 4 $ 870,000 $ 217,000 $ 157,000
Suffolk County New York 4 $ 1,346,000 $ 336,000 $ 233,000
Wayne County Pennsylvania 4 $ 677,000 $ 169,000 $ 147,000
Litchfield County Connecticut 3 $ 833,000 $ 277,000 $ 109,000
New London County Connecticut 3 $ 866,000 $ 288,000 $ 96,000
Cumberland County New Jersey 3 $ 791,000 $ 263,000 $ 278,000
Erie County New York 3 $ 750,000 $ 250,000 $ 245,000
Orange County New York 3 $ 519,000 $ 173,000 $ 147,000
Carbon County Pennsylvania 3 $ 573,000 $ 191,000 $ 161,000
Dauphin County Pennsylvania 3 $ 649,000 $ 216,000 $ 117,000
Franklin County Pennsylvania 3 $ 593,000 $ 197,000 $ 77,000
Somerset County Pennsylvania 3 $ 665,000 $ 221,000 $ 201,000
Montrose County Colorado 2 $ 467,000 $ 233,000 $ 173,000
Monroe County New York 2 $ 724,000 $ 362,000 $ 248,000
New York County New York 2 $ 739,000 $ 369,000 $ 144,000
Indiana County Pennsylvania 2 $ 475,000 $ 237,000 $ 67,000
Luzerne County Pennsylvania 2 $ 664,000 $ 332,000 $ 145,000
Perry County Pennsylvania 2 $ 498,000 $ 249,000 $ 87,000
Westmoreland County Pennsylvania 2 $ 483,000 $ 241,000 $ 128,000
Adams County Colorado 1 $ 201,000 $ 201,000 $ 103,000
Boulder County Colorado 1 $ 190,000 $ 190,000 $ 78,000
Douglas County Colorado 1 $ 339,000 $ 339,000 $ 243,000
Windham County Connecticut 1 $ 174,000 $ 174,000 $ 44,000
Middlesex County Massachusetts 1 $ 244,000 $ 244,000 $ 125,000
Salem County New Jersey 1 $ 134,000 $ 134,000 $ 100,000
Bronx County New York 1 $ 225,000 $ 225,000 $ 84,000
Delaware County New York 1 $ 157,000 $ 157,000 $ 175,000
Dutchess County New York 1 $ 334,000 $ 334,000 $ 85,000
Putnam County New York 1 $ 270,000 $ 270,000 $ 104,000
Rensselaer County New York 1 $ 178,000 $ 178,000 $ 106,000
Saratoga County New York 1 $ 227,000 $ 227,000 $ 110,000
Sullivan County New York 1 $ 410,000 $ 410,000 $ 184,000
Ulster County New York 1 $ 273,000 $ 273,000 $ 173,000
Washington County New York 1 $ 329,000 $ 329,000 $ 130,000
Cuyahoga County Ohio 1 $ 250,000 $ 250,000 $ 120,000
Defiance County Ohio 1 $ 125,000 $ 125,000 $ 38,000
Warren County Ohio 1 $ 170,000 $ 170,000 $ 203,000
Adams County Pennsylvania 1 $ 182,000 $ 182,000 $ 142,000
Armstrong County Pennsylvania 1 $ 108,000 $ 108,000 $ 25,000
Beaver County Pennsylvania 1 $ 188,000 $ 188,000 $ 92,000
Blair County Pennsylvania 1 $ 184,000 $ 184,000 $ 91,000
Clinton County Pennsylvania 1 $ 102,000 $ 102,000 $ 49,000
Columbia County Pennsylvania 1 $ 153,000 $ 153,000 $ 60,000
Erie County Pennsylvania 1 $ 417,000 $ 417,000 $ 215,000
Lackawanna County Pennsylvania 1 $ 267,000 $ 267,000 $ 84,000
Lebanon County Pennsylvania 1 $ 233,000 $ 233,000 $ 105,000
Lycoming County Pennsylvania 1 $ 100,000 $ 100,000 $ 105,000
Northumberland County Pennsylvania 1 $ 143,000 $ 143,000 $ 37,000
Schuylkill County Pennsylvania 1 $ 225,000 $ 225,000 $ 115,000
Union County Pennsylvania 1 $ 135,000 $ 135,000 $ 53,000
Washington County Pennsylvania 1 $ 343,000 $ 343,000 $ 122,000

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 2010

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 2,200 $644,035,000 $292,000 $1,500,000 $151,000 $1,392,000
Home Purchase 647 $207,442,000 $320,000 $1,470,000 $144,000 $1,551,000
Home Improvement 6 $1,314,000 $219,000 $350,000 $109,000 $151,000

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 2,098 $627,471,000 $299,000 $1,500,000 $153,000 $1,551,000
Asian 590 $177,135,000 $300,000 $938,000 $138,000 $1,392,000
Hispanic 87 $24,729,000 $284,000 $720,000 $138,000 $679,000
Not Provided 41 $13,666,000 $333,000 $730,000 $153,000 $1,080,000
Black or African American 29 $7,732,000 $266,000 $486,000 $131,000 $250,000
Native Hawaiian or Other Pacific Islander 4 $962,000 $240,000 $332,000 $133,000 $173,000
American Indian or Alaskan Native 4 $1,096,000 $274,000 $310,000 $137,000 $174,000
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) 2,695 $803,816,000 $298,000 $1,500,000 $152,000 $1,551,000
FHA-insured (Federal Housing Administration) 158 $48,975,000 $309,000 $746,000 $103,000 $225,000
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 2,403 $709,589,000 $295,000 $1,500,000 $152,000 $1,551,000
Application Denied By Financial Institution 294 $92,196,000 $313,000 $1,125,000 $136,000 $1,392,000
Application Withdrawn By Applicant 76 $25,692,000 $338,000 $1,470,000 $107,000 $1,090,000
File Closed For Incompleteness 41 $10,781,000 $262,000 $417,000 $132,000 $600,000
Application Approved But Not Accepted 38 $14,053,000 $369,000 $1,085,000 $139,000 $392,000
Preapproval Approved but not Accepted 1 $480,000 $480,000 $480,000 $135,000 $135,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The 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 106 $33,803,000 $318,000 $1,125,000 $158,000 $1,392,000
Debt-To-Income Ratio 52 $15,908,000 $305,000 $850,000 $97,000 $296,000
Other 18 $6,245,000 $346,000 $912,000 $176,000 $448,000
Unverifiable Information 8 $1,990,000 $248,000 $380,000 $134,000 $348,000
Employment History 6 $1,352,000 $225,000 $401,000 $127,000 $262,000
Insufficient Cash (Downpayment, Closing Cost) 5 $1,435,000 $287,000 $493,000 $129,000 $179,000
Credit History 3 $889,000 $296,000 $486,000 $97,000 $146,000
Mortgage Insurance Denied 1 $437,000 $437,000 $437,000 $156,000 $156,000
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.

Download the New Jersey Lender List