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 | 3,250 |
Total Mortgage Loan Application Amount | $893,633,000 |
Average Mortgage Loan Application Amount | $263,333 |
Highest Mortgage Loan Application Amount | $1,155,000 |
Average Applicant Income | $134,333 |
Highest Applicant Income | $2,400,000 |
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 | 408 | $ 124,911,000 | $ 306,000 | $ 141,000 |
Middlesex County New Jersey | 336 | $ 88,427,000 | $ 263,000 | $ 128,000 |
Monmouth County New Jersey | 228 | $ 66,146,000 | $ 290,000 | $ 159,000 |
Somerset County New Jersey | 221 | $ 68,594,000 | $ 310,000 | $ 158,000 |
Bergen County New Jersey | 185 | $ 59,381,000 | $ 320,000 | $ 158,000 |
Essex County New Jersey | 158 | $ 52,147,000 | $ 330,000 | $ 191,000 |
Union County New Jersey | 128 | $ 39,969,000 | $ 312,000 | $ 162,000 |
Montgomery County Pennsylvania | 123 | $ 29,255,000 | $ 237,000 | $ 146,000 |
Chester County Pennsylvania | 102 | $ 26,584,000 | $ 260,000 | $ 145,000 |
Ocean County New Jersey | 100 | $ 26,200,000 | $ 262,000 | $ 148,000 |
Mercer County New Jersey | 93 | $ 26,169,000 | $ 281,000 | $ 148,000 |
Bucks County Pennsylvania | 93 | $ 24,460,000 | $ 263,000 | $ 135,000 |
Hudson County New Jersey | 78 | $ 21,145,000 | $ 271,000 | $ 143,000 |
Sussex County New Jersey | 73 | $ 17,351,000 | $ 237,000 | $ 125,000 |
Hunterdon County New Jersey | 72 | $ 20,776,000 | $ 288,000 | $ 143,000 |
Burlington County New Jersey | 64 | $ 14,190,000 | $ 221,000 | $ 134,000 |
Philadelphia County Pennsylvania | 61 | $ 12,805,000 | $ 209,000 | $ 113,000 |
Passaic County New Jersey | 58 | $ 14,731,000 | $ 253,000 | $ 145,000 |
Hartford County Connecticut | 55 | $ 12,530,000 | $ 227,000 | $ 118,000 |
Warren County New Jersey | 48 | $ 10,238,000 | $ 213,000 | $ 110,000 |
Fairfield County Connecticut | 47 | $ 14,853,000 | $ 316,000 | $ 167,000 |
Delaware County Pennsylvania | 42 | $ 10,685,000 | $ 254,000 | $ 155,000 |
Allegheny County Pennsylvania | 35 | $ 6,671,000 | $ 190,000 | $ 109,000 |
New Haven County Connecticut | 26 | $ 6,394,000 | $ 245,000 | $ 135,000 |
Northampton County Pennsylvania | 25 | $ 5,372,000 | $ 214,000 | $ 97,000 |
Lehigh County Pennsylvania | 24 | $ 4,901,000 | $ 204,000 | $ 102,000 |
Westchester County New York | 23 | $ 7,175,000 | $ 311,000 | $ 165,000 |
Camden County New Jersey | 22 | $ 4,980,000 | $ 226,000 | $ 150,000 |
Cape May County New Jersey | 22 | $ 5,271,000 | $ 239,000 | $ 158,000 |
Cumberland County Pennsylvania | 18 | $ 3,642,000 | $ 202,000 | $ 95,000 |
Queens County New York | 16 | $ 6,318,000 | $ 394,000 | $ 127,000 |
Monroe County Pennsylvania | 16 | $ 2,634,000 | $ 164,000 | $ 182,000 |
Gloucester County New Jersey | 14 | $ 2,948,000 | $ 210,000 | $ 122,000 |
Nassau County New York | 14 | $ 5,265,000 | $ 376,000 | $ 220,000 |
Lancaster County Pennsylvania | 14 | $ 2,531,000 | $ 180,000 | $ 88,000 |
Tolland County Connecticut | 12 | $ 2,461,000 | $ 205,000 | $ 133,000 |
Atlantic County New Jersey | 12 | $ 2,141,000 | $ 178,000 | $ 108,000 |
Erie County Pennsylvania | 12 | $ 3,299,000 | $ 274,000 | $ 153,000 |
Dauphin County Pennsylvania | 11 | $ 2,342,000 | $ 212,000 | $ 93,000 |
York County Pennsylvania | 11 | $ 2,022,000 | $ 183,000 | $ 108,000 |
Suffolk County New York | 10 | $ 3,154,000 | $ 315,000 | $ 131,000 |
Pike County Pennsylvania | 10 | $ 1,953,000 | $ 195,000 | $ 219,000 |
Westmoreland County Pennsylvania | 9 | $ 1,991,000 | $ 221,000 | $ 135,000 |
Rockland County New York | 8 | $ 2,114,000 | $ 264,000 | $ 97,000 |
Richmond County New York | 7 | $ 2,157,000 | $ 308,000 | $ 96,000 |
Centre County Pennsylvania | 7 | $ 1,238,000 | $ 176,000 | $ 93,000 |
Erie County New York | 6 | $ 1,177,000 | $ 196,000 | $ 88,000 |
Berks County Pennsylvania | 6 | $ 796,000 | $ 132,000 | $ 88,000 |
Butler County Pennsylvania | 6 | $ 1,080,000 | $ 180,000 | $ 113,000 |
Wayne County Pennsylvania | 6 | $ 1,130,000 | $ 188,000 | $ 200,000 |
Kings County New York | 5 | $ 2,167,000 | $ 433,000 | $ 114,000 |
New York County New York | 5 | $ 3,168,000 | $ 633,000 | $ 236,000 |
Orange County New York | 5 | $ 1,443,000 | $ 288,000 | $ 165,000 |
Ulster County New York | 4 | $ 1,087,000 | $ 271,000 | $ 126,000 |
Lebanon County Pennsylvania | 4 | $ 649,000 | $ 162,000 | $ 97,000 |
Luzerne County Pennsylvania | 4 | $ 650,000 | $ 162,000 | $ 81,000 |
Schuylkill County Pennsylvania | 4 | $ 779,000 | $ 194,000 | $ 111,000 |
Middlesex County Connecticut | 3 | $ 616,000 | $ 205,000 | $ 124,000 |
New London County Connecticut | 3 | $ 710,000 | $ 236,000 | $ 126,000 |
Salem County New Jersey | 3 | $ 507,000 | $ 169,000 | $ 47,000 |
Adams County Pennsylvania | 3 | $ 689,000 | $ 229,000 | $ 109,000 |
Lackawanna County Pennsylvania | 3 | $ 489,000 | $ 163,000 | $ 111,000 |
Union County Pennsylvania | 3 | $ 518,000 | $ 172,000 | $ 79,000 |
Litchfield County Connecticut | 2 | $ 596,000 | $ 298,000 | $ 146,000 |
Dutchess County New York | 2 | $ 586,000 | $ 293,000 | $ 115,000 |
Perry County Pennsylvania | 2 | $ 395,000 | $ 197,000 | $ 73,000 |
Washington County Pennsylvania | 2 | $ 634,000 | $ 317,000 | $ 195,000 |
Albany County New York | 1 | $ 159,000 | $ 159,000 | $ 51,000 |
Chemung County New York | 1 | $ 233,000 | $ 233,000 | $ 123,000 |
Columbia County New York | 1 | $ 330,000 | $ 330,000 | $ 235,000 |
Niagara County New York | 1 | $ 98,000 | $ 98,000 | $ 61,000 |
Onondaga County New York | 1 | $ 175,000 | $ 175,000 | $ 152,000 |
Wayne County New York | 1 | $ 143,000 | $ 143,000 | $ 91,000 |
Armstrong County Pennsylvania | 1 | $ 120,000 | $ 120,000 | $ 51,000 |
Beaver County Pennsylvania | 1 | $ 155,000 | $ 155,000 | $ 59,000 |
Blair County Pennsylvania | 1 | $ 178,000 | $ 178,000 | $ 125,000 |
Carbon County Pennsylvania | 1 | $ 216,000 | $ 216,000 | $ 125,000 |
Columbia County Pennsylvania | 1 | $ 145,000 | $ 145,000 | $ 49,000 |
Crawford County Pennsylvania | 1 | $ 96,000 | $ 96,000 | $ 52,000 |
Franklin County Pennsylvania | 1 | $ 160,000 | $ 160,000 | $ 60,000 |
Indiana County Pennsylvania | 1 | $ 210,000 | $ 210,000 | $ 51,000 |
Mercer County Pennsylvania | 1 | $ 200,000 | $ 200,000 | $ 50,000 |
Somerset County Pennsylvania | 1 | $ 320,000 | $ 320,000 | $ 164,000 |
Sullivan County Pennsylvania | 1 | $ 235,000 | $ 235,000 | $ 148,000 |
Susquehanna County Pennsylvania | 1 | $ 73,000 | $ 73,000 | $ 99,000 |
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.
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 | 2,684 | $728,309,000 | $271,000 | $1,062,000 | $145,000 | $2,052,000 |
Home Purchase | 564 | $164,869,000 | $292,000 | $1,155,000 | $136,000 | $2,400,000 |
Home Improvement | 2 | $455,000 | $227,000 | $255,000 | $122,000 | $136,000 |
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 | 2,350 | $643,763,000 | $273,000 | $1,155,000 | $148,000 | $2,400,000 |
Asian | 709 | $196,285,000 | $276,000 | $924,000 | $140,000 | $840,000 |
Hispanic | 79 | $21,869,000 | $276,000 | $620,000 | $124,000 | $280,000 |
Not Provided | 73 | $20,921,000 | $286,000 | $736,000 | $65,000 | $735,000 |
Black or African American | 31 | $8,084,000 | $260,000 | $473,000 | $124,000 | $400,000 |
Native Hawaiian or Other Pacific Islander | 5 | $1,580,000 | $316,000 | $417,000 | $144,000 | $214,000 |
American Indian or Alaskan Native | 3 | $1,131,000 | $377,000 | $417,000 | $106,000 | $113,000 |
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) | 3,174 | $871,702,000 | $274,000 | $1,155,000 | $145,000 | $2,400,000 |
FHA-insured (Federal Housing Administration) | 76 | $21,931,000 | $288,000 | $615,000 | $102,000 | $252,000 |
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 | 2,703 | $736,160,000 | $272,000 | $1,155,000 | $147,000 | $2,400,000 |
Application Denied By Financial Institution | 401 | $115,072,000 | $286,000 | $860,000 | $138,000 | $1,200,000 |
Application Withdrawn By Applicant | 124 | $35,828,000 | $288,000 | $736,000 | $87,000 | $365,000 |
File Closed For Incompleteness | 16 | $4,998,000 | $312,000 | $700,000 | $173,000 | $711,000 |
Application Approved But Not Accepted | 6 | $1,575,000 | $262,000 | $348,000 | $167,000 | $341,000 |
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 | 169 | $49,968,000 | $295,000 | $860,000 | $148,000 | $968,000 |
Debt-To-Income Ratio | 47 | $13,371,000 | $284,000 | $575,000 | $98,000 | $319,000 |
Other | 16 | $4,339,000 | $271,000 | $408,000 | $201,000 | $1,200,000 |
Unverifiable Information | 10 | $2,994,000 | $299,000 | $530,000 | $149,000 | $268,000 |
Credit History | 5 | $1,204,000 | $240,000 | $360,000 | $117,000 | $170,000 |
Employment History | 3 | $555,000 | $185,000 | $270,000 | $119,000 | $125,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $348,000 | $174,000 | $212,000 | $77,000 | $121,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
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.