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 | 2,484 |
Total Mortgage Loan Application Amount | $808,085,000 |
Average Mortgage Loan Application Amount | $320,333 |
Highest Mortgage Loan Application Amount | $2,000,000 |
Average Applicant Income | $154,666 |
Highest Applicant Income | $1,763,000 |
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 |
---|---|---|---|---|
Middlesex County New Jersey | 331 | $ 101,942,000 | $ 307,000 | $ 142,000 |
Morris County New Jersey | 237 | $ 83,414,000 | $ 351,000 | $ 173,000 |
Somerset County New Jersey | 165 | $ 66,436,000 | $ 402,000 | $ 186,000 |
Bergen County New Jersey | 151 | $ 55,225,000 | $ 365,000 | $ 147,000 |
Monmouth County New Jersey | 130 | $ 46,770,000 | $ 359,000 | $ 174,000 |
Hudson County New Jersey | 128 | $ 44,363,000 | $ 346,000 | $ 169,000 |
Essex County New Jersey | 96 | $ 36,975,000 | $ 385,000 | $ 176,000 |
Union County New Jersey | 87 | $ 34,091,000 | $ 391,000 | $ 178,000 |
Mercer County New Jersey | 80 | $ 27,389,000 | $ 342,000 | $ 164,000 |
Montgomery County Pennsylvania | 79 | $ 23,779,000 | $ 301,000 | $ 144,000 |
Bucks County Pennsylvania | 61 | $ 17,906,000 | $ 293,000 | $ 142,000 |
Hunterdon County New Jersey | 55 | $ 16,890,000 | $ 307,000 | $ 147,000 |
Chester County Pennsylvania | 54 | $ 17,178,000 | $ 318,000 | $ 129,000 |
Ocean County New Jersey | 53 | $ 14,209,000 | $ 268,000 | $ 147,000 |
Philadelphia County Pennsylvania | 50 | $ 13,387,000 | $ 267,000 | $ 121,000 |
Passaic County New Jersey | 41 | $ 12,049,000 | $ 293,000 | $ 127,000 |
Sussex County New Jersey | 40 | $ 10,313,000 | $ 257,000 | $ 139,000 |
Burlington County New Jersey | 36 | $ 10,731,000 | $ 298,000 | $ 144,000 |
Nassau County New York | 33 | $ 11,879,000 | $ 359,000 | $ 146,000 |
Westchester County New York | 32 | $ 14,929,000 | $ 466,000 | $ 182,000 |
Hartford County Connecticut | 30 | $ 8,858,000 | $ 295,000 | $ 144,000 |
Allegheny County Pennsylvania | 27 | $ 6,242,000 | $ 231,000 | $ 129,000 |
Warren County New Jersey | 26 | $ 6,409,000 | $ 246,000 | $ 111,000 |
Camden County New Jersey | 23 | $ 5,810,000 | $ 252,000 | $ 140,000 |
Cumberland County Pennsylvania | 23 | $ 5,196,000 | $ 225,000 | $ 149,000 |
Lehigh County Pennsylvania | 22 | $ 6,126,000 | $ 278,000 | $ 140,000 |
Fairfield County Connecticut | 20 | $ 6,090,000 | $ 304,000 | $ 235,000 |
Delaware County Pennsylvania | 19 | $ 5,048,000 | $ 265,000 | $ 131,000 |
Kings County New York | 17 | $ 7,248,000 | $ 426,000 | $ 139,000 |
Suffolk County New York | 13 | $ 6,162,000 | $ 474,000 | $ 160,000 |
Queens County New York | 11 | $ 3,579,000 | $ 325,000 | $ 187,000 |
Richmond County New York | 11 | $ 4,063,000 | $ 369,000 | $ 142,000 |
Rockland County New York | 11 | $ 3,328,000 | $ 302,000 | $ 137,000 |
Wake County North Carolina | 11 | $ 2,652,000 | $ 241,000 | $ 133,000 |
Erie County New York | 10 | $ 1,868,000 | $ 186,000 | $ 183,000 |
Lancaster County Pennsylvania | 10 | $ 2,156,000 | $ 215,000 | $ 107,000 |
Northampton County Pennsylvania | 10 | $ 2,509,000 | $ 250,000 | $ 108,000 |
New Haven County Connecticut | 9 | $ 2,279,000 | $ 253,000 | $ 117,000 |
Atlantic County New Jersey | 9 | $ 2,793,000 | $ 310,000 | $ 162,000 |
Centre County Pennsylvania | 9 | $ 2,239,000 | $ 248,000 | $ 77,000 |
Gloucester County New Jersey | 8 | $ 2,214,000 | $ 276,000 | $ 121,000 |
New York County New York | 8 | $ 4,685,000 | $ 585,000 | $ 221,000 |
Cape May County New Jersey | 7 | $ 2,941,000 | $ 420,000 | $ 192,000 |
Luzerne County Pennsylvania | 7 | $ 1,275,000 | $ 182,000 | $ 105,000 |
Westmoreland County Pennsylvania | 7 | $ 1,488,000 | $ 212,000 | $ 175,000 |
Palm Beach County Florida | 6 | $ 2,870,000 | $ 478,000 | $ 225,000 |
Orange County New York | 6 | $ 1,425,000 | $ 237,000 | $ 119,000 |
Mecklenburg County North Carolina | 6 | $ 1,558,000 | $ 259,000 | $ 108,000 |
Lebanon County Pennsylvania | 6 | $ 1,297,000 | $ 216,000 | $ 94,000 |
Miami-Dade County Florida | 5 | $ 1,516,000 | $ 303,000 | $ 87,000 |
Dutchess County New York | 5 | $ 805,000 | $ 161,000 | $ 106,000 |
Monroe County New York | 5 | $ 820,000 | $ 164,000 | $ 55,000 |
Union County North Carolina | 5 | $ 942,000 | $ 188,000 | $ 151,000 |
Berks County Pennsylvania | 5 | $ 1,224,000 | $ 244,000 | $ 130,000 |
Washington County Pennsylvania | 5 | $ 1,433,000 | $ 286,000 | $ 165,000 |
York County Pennsylvania | 5 | $ 1,096,000 | $ 219,000 | $ 122,000 |
Litchfield County Connecticut | 4 | $ 1,050,000 | $ 262,000 | $ 126,000 |
New London County Connecticut | 4 | $ 1,281,000 | $ 320,000 | $ 149,000 |
Sarasota County Florida | 4 | $ 453,000 | $ 113,000 | $ 103,000 |
Bronx County New York | 4 | $ 1,043,000 | $ 260,000 | $ 220,000 |
Putnam County New York | 4 | $ 1,109,000 | $ 277,000 | $ 93,000 |
Erie County Pennsylvania | 4 | $ 1,109,000 | $ 277,000 | $ 120,000 |
Monroe County Pennsylvania | 4 | $ 647,000 | $ 161,000 | $ 303,000 |
Middlesex County Connecticut | 3 | $ 778,000 | $ 259,000 | $ 132,000 |
Brevard County Florida | 3 | $ 984,000 | $ 328,000 | $ 307,000 |
Broward County Florida | 3 | $ 745,000 | $ 248,000 | $ 100,000 |
Hillsborough County Florida | 3 | $ 612,000 | $ 204,000 | $ 230,000 |
Martin County Florida | 3 | $ 339,000 | $ 113,000 | $ 122,000 |
Pinellas County Florida | 3 | $ 858,000 | $ 286,000 | $ 188,000 |
Franklin County Pennsylvania | 3 | $ 547,000 | $ 182,000 | $ 108,000 |
Lackawanna County Pennsylvania | 3 | $ 981,000 | $ 327,000 | $ 157,000 |
Pike County Pennsylvania | 3 | $ 493,000 | $ 164,000 | $ 116,000 |
Wayne County Pennsylvania | 3 | $ 447,000 | $ 149,000 | $ 132,000 |
New Castle County Delaware | 2 | $ 585,000 | $ 292,000 | $ 232,000 |
Alachua County Florida | 2 | $ 315,000 | $ 157,000 | $ 85,000 |
Clay County Florida | 2 | $ 418,000 | $ 209,000 | $ 80,000 |
Collier County Florida | 2 | $ 767,000 | $ 383,000 | $ 245,000 |
Duval County Florida | 2 | $ 334,000 | $ 167,000 | $ 66,000 |
Volusia County Florida | 2 | $ 329,000 | $ 164,000 | $ 121,000 |
Niagara County New York | 2 | $ 331,000 | $ 165,000 | $ 82,000 |
Onondaga County New York | 2 | $ 567,000 | $ 283,000 | $ 220,000 |
Saratoga County New York | 2 | $ 668,000 | $ 334,000 | $ 142,000 |
Schenectady County New York | 2 | $ 505,000 | $ 252,000 | $ 116,000 |
Cabarrus County North Carolina | 2 | $ 624,000 | $ 312,000 | $ 91,000 |
Butler County Pennsylvania | 2 | $ 733,000 | $ 366,000 | $ 109,000 |
Dauphin County Pennsylvania | 2 | $ 528,000 | $ 264,000 | $ 168,000 |
Horry County South Carolina | 2 | $ 365,000 | $ 182,000 | $ 178,000 |
Tolland County Connecticut | 1 | $ 200,000 | $ 200,000 | $ 670,000 |
Flagler County Florida | 1 | $ 176,000 | $ 176,000 | $ 113,000 |
Lee County Florida | 1 | $ 408,000 | $ 408,000 | $ 264,000 |
Leon County Florida | 1 | $ 265,000 | $ 265,000 | $ 90,000 |
Manatee County Florida | 1 | $ 119,000 | $ 119,000 | $ 87,000 |
Orange County Florida | 1 | $ 211,000 | $ 211,000 | $ 169,000 |
Osceola County Florida | 1 | $ 75,000 | $ 75,000 | $ 15,000 |
Santa Rosa County Florida | 1 | $ 146,000 | $ 146,000 | $ 114,000 |
Seminole County Florida | 1 | $ 324,000 | $ 324,000 | $ 0 |
St. Lucie County Florida | 1 | $ 62,000 | $ 62,000 | $ 23,000 |
Baltimore City County Maryland | 1 | $ 157,000 | $ 157,000 | $ 61,000 |
Howard County Maryland | 1 | $ 309,000 | $ 309,000 | $ 317,000 |
Albany County New York | 1 | $ 275,000 | $ 275,000 | $ 115,000 |
Broome County New York | 1 | $ 362,000 | $ 362,000 | $ 179,000 |
Cayuga County New York | 1 | $ 256,000 | $ 256,000 | $ 140,000 |
Columbia County New York | 1 | $ 324,000 | $ 324,000 | $ 54,000 |
Delaware County New York | 1 | $ 233,000 | $ 233,000 | $ 134,000 |
Madison County New York | 1 | $ 240,000 | $ 240,000 | $ 159,000 |
Ontario County New York | 1 | $ 126,000 | $ 126,000 | $ 60,000 |
Rensselaer County New York | 1 | $ 116,000 | $ 116,000 | $ 217,000 |
Schuyler County New York | 1 | $ 260,000 | $ 260,000 | $ 198,000 |
Steuben County New York | 1 | $ 126,000 | $ 126,000 | $ 67,000 |
Ashe County North Carolina | 1 | $ 236,000 | $ 236,000 | $ 97,000 |
Brunswick County North Carolina | 1 | $ 140,000 | $ 140,000 | $ 43,000 |
Buncombe County North Carolina | 1 | $ 228,000 | $ 228,000 | $ 109,000 |
Chatham County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 55,000 |
Cherokee County North Carolina | 1 | $ 196,000 | $ 196,000 | $ 77,000 |
Currituck County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 109,000 |
Durham County North Carolina | 1 | $ 352,000 | $ 352,000 | $ 115,000 |
Franklin County North Carolina | 1 | $ 382,000 | $ 382,000 | $ 242,000 |
Lee County North Carolina | 1 | $ 320,000 | $ 320,000 | $ 87,000 |
Onslow County North Carolina | 1 | $ 487,000 | $ 487,000 | $ 0 |
Wilson County North Carolina | 1 | $ 184,000 | $ 184,000 | $ 97,000 |
Bedford County Pennsylvania | 1 | $ 118,000 | $ 118,000 | $ 49,000 |
Blair County Pennsylvania | 1 | $ 250,000 | $ 250,000 | $ 85,000 |
Lawrence County Pennsylvania | 1 | $ 365,000 | $ 365,000 | $ 199,000 |
Mercer County Pennsylvania | 1 | $ 110,000 | $ 110,000 | $ 82,000 |
Perry County Pennsylvania | 1 | $ 272,000 | $ 272,000 | $ 169,000 |
Potter County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 64,000 |
Anderson County South Carolina | 1 | $ 60,000 | $ 60,000 | $ 54,000 |
Richland County South Carolina | 1 | $ 126,000 | $ 126,000 | $ 300,000 |
York County South Carolina | 1 | $ 310,000 | $ 310,000 | $ 312,000 |
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 |
---|---|---|---|---|---|---|
Home Purchase | 1,194 | $397,155,000 | $332,000 | $1,813,000 | $151,000 | $1,312,000 |
Refinancing | 930 | $300,089,000 | $322,000 | $1,890,000 | $159,000 | $1,763,000 |
Home Improvement | 360 | $110,841,000 | $307,000 | $2,000,000 | $154,000 | $829,000 |
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 | 1,362 | $432,766,000 | $317,000 | $2,000,000 | $160,000 | $1,763,000 |
Asian | 899 | $303,334,000 | $337,000 | $1,813,000 | $157,000 | $940,000 |
Not Provided | 141 | $46,857,000 | $332,000 | $833,000 | $97,000 | $1,100,000 |
Hispanic | 61 | $18,586,000 | $304,000 | $1,000,000 | $138,000 | $750,000 |
Black or African American | 20 | $6,297,000 | $314,000 | $744,000 | $140,000 | $320,000 |
American Indian or Alaskan Native | 1 | $245,000 | $245,000 | $245,000 | $91,000 | $91,000 |
Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 2,444 | $797,197,000 | $326,000 | $2,000,000 | $156,000 | $1,763,000 |
FHA-insured (Federal Housing Administration) | 40 | $10,888,000 | $272,000 | $540,000 | $92,000 | $281,000 |
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 | 1,956 | $628,516,000 | $321,000 | $2,000,000 | $161,000 | $1,763,000 |
Application Withdrawn By Applicant | 385 | $128,073,000 | $332,000 | $1,813,000 | $122,000 | $1,100,000 |
Application Denied By Financial Institution | 142 | $51,061,000 | $359,000 | $2,000,000 | $151,000 | $728,000 |
Application Approved But Not Accepted | 1 | $435,000 | $435,000 | $435,000 | $247,000 | $247,000 |
File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 68 | $23,451,000 | $344,000 | $984,000 | $177,000 | $728,000 |
Debt-To-Income Ratio | 39 | $15,505,000 | $397,000 | $2,000,000 | $118,000 | $495,000 |
Credit History | 5 | $2,102,000 | $420,000 | $640,000 | $170,000 | $230,000 |
Insufficient Cash (Downpayment, Closing Cost) | 4 | $1,540,000 | $385,000 | $670,000 | $117,000 | $205,000 |
Unverifiable Information | 4 | $1,252,000 | $313,000 | $373,000 | $122,000 | $147,000 |
Other | 2 | $1,024,000 | $512,000 | $792,000 | $250,000 | $465,000 |
Employment History | 1 | $204,000 | $204,000 | $204,000 | $67,000 | $67,000 |
Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Mortgage Insurance Denied | 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.