American Federal Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2021

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 4,226
Total Mortgage Loan Application Amount $1,453,140,000
Average Mortgage Loan Application Amount $341,333
Highest Mortgage Loan Application Amount $1,405,000
Average Applicant Income $161,000
Highest Applicant Income $1,250,000

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 2021

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 402 $ 137,860,000 $ 342,000 $ 155,000
Morris County New Jersey 372 $ 135,350,000 $ 363,000 $ 170,000
Somerset County New Jersey 212 $ 78,710,000 $ 371,000 $ 177,000
Bergen County New Jersey 192 $ 78,910,000 $ 410,000 $ 175,000
Monmouth County New Jersey 175 $ 63,635,000 $ 363,000 $ 166,000
Mercer County New Jersey 139 $ 52,345,000 $ 376,000 $ 191,000
Wake County North Carolina 132 $ 46,900,000 $ 355,000 $ 157,000
Montgomery County Pennsylvania 130 $ 43,590,000 $ 335,000 $ 146,000
Essex County New Jersey 125 $ 51,425,000 $ 411,000 $ 198,000
Hudson County New Jersey 103 $ 39,825,000 $ 386,000 $ 178,000
Union County New Jersey 99 $ 42,245,000 $ 426,000 $ 221,000
Hunterdon County New Jersey 98 $ 34,710,000 $ 354,000 $ 176,000
Bucks County Pennsylvania 95 $ 37,045,000 $ 389,000 $ 202,000
Ocean County New Jersey 94 $ 31,780,000 $ 338,000 $ 164,000
Chester County Pennsylvania 79 $ 29,105,000 $ 368,000 $ 173,000
Burlington County New Jersey 75 $ 21,565,000 $ 287,000 $ 139,000
Sussex County New Jersey 69 $ 20,205,000 $ 292,000 $ 161,000
Passaic County New Jersey 59 $ 18,195,000 $ 308,000 $ 142,000
Philadelphia County Pennsylvania 53 $ 16,705,000 $ 315,000 $ 144,000
Cumberland County Pennsylvania 51 $ 15,625,000 $ 306,000 $ 141,000
Hartford County Connecticut 44 $ 12,500,000 $ 284,000 $ 140,000
Hillsborough County Florida 42 $ 12,710,000 $ 302,000 $ 157,000
Camden County New Jersey 41 $ 9,605,000 $ 234,000 $ 135,000
Warren County New Jersey 41 $ 9,695,000 $ 236,000 $ 128,000
Allegheny County Pennsylvania 41 $ 11,645,000 $ 284,000 $ 144,000
Mecklenburg County North Carolina 39 $ 11,565,000 $ 296,000 $ 130,000
Cook County Illinois 38 $ 12,710,000 $ 334,000 $ 186,000
Fairfield County Connecticut 31 $ 11,605,000 $ 374,000 $ 156,000
Broward County Florida 31 $ 9,405,000 $ 303,000 $ 166,000
Delaware County Pennsylvania 30 $ 9,540,000 $ 318,000 $ 150,000
Seminole County Florida 25 $ 7,785,000 $ 311,000 $ 113,000
New Castle County Delaware 24 $ 8,250,000 $ 343,000 $ 137,000
New Haven County Connecticut 23 $ 5,705,000 $ 248,000 $ 137,000
Miami-Dade County Florida 23 $ 8,335,000 $ 362,000 $ 176,000
Middlesex County Massachusetts 23 $ 10,855,000 $ 471,000 $ 186,000
Northampton County Pennsylvania 22 $ 6,420,000 $ 291,000 $ 150,000
Lehigh County Pennsylvania 21 $ 4,655,000 $ 221,000 $ 121,000
Nassau County New York 20 $ 8,690,000 $ 434,000 $ 182,000
Palm Beach County Florida 19 $ 6,215,000 $ 327,000 $ 138,000
Westchester County New York 19 $ 7,765,000 $ 408,000 $ 229,000
Fulton County Georgia 18 $ 5,510,000 $ 306,000 $ 148,000
Union County North Carolina 17 $ 6,495,000 $ 382,000 $ 135,000
Pasco County Florida 16 $ 4,280,000 $ 267,000 $ 104,000
Gloucester County New Jersey 16 $ 3,210,000 $ 200,000 $ 105,000
Suffolk County New York 16 $ 8,130,000 $ 508,000 $ 167,000
Pinellas County Florida 15 $ 4,815,000 $ 321,000 $ 142,000
Forsyth County Georgia 15 $ 5,425,000 $ 361,000 $ 185,000
Cape May County New Jersey 15 $ 5,395,000 $ 359,000 $ 257,000
Cabarrus County North Carolina 15 $ 5,145,000 $ 343,000 $ 155,000
Lexington County South Carolina 15 $ 3,445,000 $ 229,000 $ 125,000
Dauphin County Pennsylvania 14 $ 3,160,000 $ 225,000 $ 98,000
York County South Carolina 14 $ 3,920,000 $ 280,000 $ 114,000
Montgomery County Maryland 13 $ 5,845,000 $ 449,000 $ 142,000
Charleston County South Carolina 13 $ 4,345,000 $ 334,000 $ 122,000
Duval County Florida 12 $ 3,500,000 $ 291,000 $ 129,000
Orange County Florida 12 $ 4,950,000 $ 412,000 $ 177,000
DuPage County Illinois 12 $ 3,370,000 $ 280,000 $ 153,000
Baltimore County Maryland 12 $ 3,640,000 $ 303,000 $ 130,000
Lancaster County Pennsylvania 12 $ 2,440,000 $ 203,000 $ 100,000
York County Pennsylvania 12 $ 2,770,000 $ 230,000 $ 142,000
Brevard County Florida 11 $ 3,055,000 $ 277,000 $ 124,000
Cobb County Georgia 11 $ 2,945,000 $ 267,000 $ 117,000
Worcester County Massachusetts 11 $ 3,915,000 $ 355,000 $ 135,000
Richmond County New York 11 $ 5,355,000 $ 486,000 $ 178,000
Richland County South Carolina 11 $ 2,875,000 $ 261,000 $ 125,000
Frederick County Maryland 10 $ 3,250,000 $ 325,000 $ 134,000
Queens County New York 10 $ 5,170,000 $ 517,000 $ 150,000
Greenville County South Carolina 10 $ 2,550,000 $ 255,000 $ 117,000
Travis County Texas 10 $ 3,670,000 $ 367,000 $ 173,000
Sarasota County Florida 9 $ 4,005,000 $ 445,000 $ 271,000
Volusia County Florida 9 $ 2,655,000 $ 295,000 $ 207,000
Gwinnett County Georgia 9 $ 2,585,000 $ 287,000 $ 121,000
Will County Illinois 9 $ 3,325,000 $ 369,000 $ 128,000
Kings County New York 9 $ 4,395,000 $ 488,000 $ 162,000
Chatham County North Carolina 9 $ 3,545,000 $ 393,000 $ 117,000
Collier County Florida 8 $ 2,350,000 $ 293,000 $ 141,000
Lee County Florida 8 $ 2,010,000 $ 251,000 $ 103,000
St. Johns County Florida 8 $ 3,010,000 $ 376,000 $ 143,000
Atlantic County New Jersey 8 $ 2,010,000 $ 251,000 $ 212,000
Iredell County North Carolina 8 $ 2,550,000 $ 318,000 $ 105,000
Horry County South Carolina 8 $ 2,140,000 $ 267,000 $ 161,000
New London County Connecticut 7 $ 2,405,000 $ 343,000 $ 139,000
Cherokee County Georgia 7 $ 2,525,000 $ 360,000 $ 117,000
Essex County Massachusetts 7 $ 2,315,000 $ 330,000 $ 184,000
Orange County New York 7 $ 2,085,000 $ 297,000 $ 122,000
Durham County North Carolina 7 $ 1,685,000 $ 240,000 $ 135,000
Forsyth County North Carolina 7 $ 1,665,000 $ 237,000 $ 122,000
Berks County Pennsylvania 7 $ 1,645,000 $ 235,000 $ 165,000
Centre County Pennsylvania 7 $ 1,535,000 $ 219,000 $ 218,000
Lancaster County South Carolina 7 $ 2,955,000 $ 422,000 $ 159,000
Litchfield County Connecticut 6 $ 1,730,000 $ 288,000 $ 143,000
Sussex County Delaware 6 $ 1,900,000 $ 316,000 $ 147,000
Manatee County Florida 6 $ 1,700,000 $ 283,000 $ 136,000
DeKalb County Georgia 6 $ 2,060,000 $ 343,000 $ 137,000
Lake County Illinois 6 $ 1,960,000 $ 326,000 $ 155,000
Howard County Maryland 6 $ 2,260,000 $ 376,000 $ 140,000
Norfolk County Massachusetts 6 $ 2,190,000 $ 365,000 $ 160,000
Rockland County New York 6 $ 2,310,000 $ 385,000 $ 154,000
Kane County Illinois 5 $ 1,365,000 $ 273,000 $ 137,000
Anne Arundel County Maryland 5 $ 1,545,000 $ 309,000 $ 130,000
Plymouth County Massachusetts 5 $ 2,295,000 $ 459,000 $ 324,000
Suffolk County Massachusetts 5 $ 2,095,000 $ 419,000 $ 211,000
Monroe County Pennsylvania 5 $ 1,055,000 $ 211,000 $ 138,000
Pike County Pennsylvania 5 $ 1,105,000 $ 221,000 $ 193,000
Westmoreland County Pennsylvania 5 $ 1,185,000 $ 237,000 $ 133,000
Beaufort County South Carolina 5 $ 1,135,000 $ 227,000 $ 83,000
Dorchester County South Carolina 5 $ 1,275,000 $ 255,000 $ 109,000
Williamson County Texas 5 $ 1,895,000 $ 379,000 $ 168,000
Baltimore City County Maryland 4 $ 1,120,000 $ 280,000 $ 190,000
Prince George's County Maryland 4 $ 1,450,000 $ 362,000 $ 113,000
Salem County New Jersey 4 $ 800,000 $ 200,000 $ 200,000
Putnam County New York 4 $ 1,300,000 $ 325,000 $ 145,000
Ulster County New York 4 $ 1,210,000 $ 302,000 $ 135,000
New Hanover County North Carolina 4 $ 1,420,000 $ 355,000 $ 148,000
Berkeley County South Carolina 4 $ 1,380,000 $ 345,000 $ 110,000
Davidson County Tennessee 4 $ 1,440,000 $ 360,000 $ 106,000
Harris County Texas 4 $ 1,740,000 $ 435,000 $ 127,000
Alachua County Florida 3 $ 625,000 $ 208,000 $ 120,000
Charlotte County Florida 3 $ 585,000 $ 195,000 $ 105,000
Martin County Florida 3 $ 615,000 $ 205,000 $ 185,000
Nassau County Florida 3 $ 1,095,000 $ 365,000 $ 140,000
Osceola County Florida 3 $ 1,045,000 $ 348,000 $ 144,000
Santa Rosa County Florida 3 $ 1,085,000 $ 361,000 $ 99,000
Sumter County Florida 3 $ 795,000 $ 265,000 $ 69,000
Chatham County Georgia 3 $ 735,000 $ 245,000 $ 174,000
Harford County Maryland 3 $ 865,000 $ 288,000 $ 96,000
Monroe County New York 3 $ 625,000 $ 208,000 $ 62,000
Davidson County North Carolina 3 $ 595,000 $ 198,000 $ 109,000
Schuylkill County Pennsylvania 3 $ 335,000 $ 111,000 $ 46,000
Washington County Pennsylvania 3 $ 855,000 $ 285,000 $ 99,000
Wayne County Pennsylvania 3 $ 475,000 $ 158,000 $ 139,000
Spartanburg County South Carolina 3 $ 805,000 $ 268,000 $ 168,000
Knox County Tennessee 3 $ 985,000 $ 328,000 $ 117,000
Wilson County Tennessee 3 $ 1,075,000 $ 358,000 $ 96,000
Middlesex County Connecticut 2 $ 480,000 $ 240,000 $ 108,000
Flagler County Florida 2 $ 480,000 $ 240,000 $ 179,000
Hernando County Florida 2 $ 400,000 $ 200,000 $ 120,000
Polk County Florida 2 $ 730,000 $ 365,000 $ 140,000
St. Lucie County Florida 2 $ 370,000 $ 185,000 $ 45,000
Columbia County Georgia 2 $ 510,000 $ 255,000 $ 86,000
Coweta County Georgia 2 $ 520,000 $ 260,000 $ 90,000
Effingham County Georgia 2 $ 370,000 $ 185,000 $ 52,000
Fayette County Georgia 2 $ 580,000 $ 290,000 $ 187,000
McHenry County Illinois 2 $ 570,000 $ 285,000 $ 146,000
Queen Anne's County Maryland 2 $ 440,000 $ 220,000 $ 94,000
Berkshire County Massachusetts 2 $ 560,000 $ 280,000 $ 87,000
Albany County New York 2 $ 630,000 $ 315,000 $ 81,000
New York County New York 2 $ 960,000 $ 480,000 $ 156,000
Rensselaer County New York 2 $ 630,000 $ 315,000 $ 195,000
Sullivan County New York 2 $ 670,000 $ 335,000 $ 726,000
Burke County North Carolina 2 $ 490,000 $ 245,000 $ 187,000
Dare County North Carolina 2 $ 680,000 $ 340,000 $ 238,000
Pitt County North Carolina 2 $ 640,000 $ 320,000 $ 123,000
Rowan County North Carolina 2 $ 230,000 $ 115,000 $ 163,000
Beaver County Pennsylvania 2 $ 190,000 $ 95,000 $ 92,000
Butler County Pennsylvania 2 $ 410,000 $ 205,000 $ 140,000
Carbon County Pennsylvania 2 $ 620,000 $ 310,000 $ 226,000
Luzerne County Pennsylvania 2 $ 410,000 $ 205,000 $ 73,000
Aiken County South Carolina 2 $ 320,000 $ 160,000 $ 187,000
Loudon County Tennessee 2 $ 1,050,000 $ 525,000 $ 166,000
Rutherford County Tennessee 2 $ 670,000 $ 335,000 $ 119,000
Williamson County Tennessee 2 $ 660,000 $ 330,000 $ 340,000
Bexar County Texas 2 $ 660,000 $ 330,000 $ 137,000
Dallas County Texas 2 $ 640,000 $ 320,000 $ 112,000
Webb County Texas 2 $ 530,000 $ 265,000 $ 99,000
Tolland County Connecticut 1 $ 185,000 $ 185,000 $ 120,000
Kent County Delaware 1 $ 265,000 $ 265,000 $ 125,000
Bay County Florida 1 $ 425,000 $ 425,000 $ 180,000
Clay County Florida 1 $ 355,000 $ 355,000 $ 89,000
Escambia County Florida 1 $ 365,000 $ 365,000 $ 110,000
Lake County Florida 1 $ 105,000 $ 105,000 $ 63,000
Leon County Florida 1 $ 235,000 $ 235,000 $ 95,000
Marion County Florida 1 $ 275,000 $ 275,000 $ 91,000
Monroe County Florida 1 $ 355,000 $ 355,000 $ 339,000
Okaloosa County Florida 1 $ 285,000 $ 285,000 $ 204,000
Wakulla County Florida 1 $ 345,000 $ 345,000 $ 235,000
Bibb County Georgia 1 $ 235,000 $ 235,000 $ 134,000
Catoosa County Georgia 1 $ 325,000 $ 325,000 $ 178,000
Clayton County Georgia 1 $ 145,000 $ 145,000 $ 92,000
Douglas County Georgia 1 $ 275,000 $ 275,000 $ 148,000
Gilmer County Georgia 1 $ 145,000 $ 145,000 $ 56,000
Glynn County Georgia 1 $ 75,000 $ 75,000 $ 49,000
Gordon County Georgia 1 $ 305,000 $ 305,000 $ 120,000
Hall County Georgia 1 $ 295,000 $ 295,000 $ 158,000
Houston County Georgia 1 $ 205,000 $ 205,000 $ 161,000
Oconee County Georgia 1 $ 465,000 $ 465,000 $ 125,000
Screven County Georgia 1 $ 105,000 $ 105,000 $ 73,000
Union County Georgia 1 $ 165,000 $ 165,000 $ 123,000
Champaign County Illinois 1 $ 245,000 $ 245,000 $ 584,000
Madison County Illinois 1 $ 305,000 $ 305,000 $ 120,000
Rock Island County Illinois 1 $ 265,000 $ 265,000 $ 108,000
Carroll County Maryland 1 $ 365,000 $ 365,000 $ 124,000
Cecil County Maryland 1 $ 285,000 $ 285,000 $ 106,000
Kent County Maryland 1 $ 345,000 $ 345,000 $ 283,000
Somerset County Maryland 1 $ 335,000 $ 335,000 $ 148,000
St. Mary's County Maryland 1 $ 255,000 $ 255,000 $ 80,000
Talbot County Maryland 1 $ 425,000 $ 425,000 $ 145,000
Wicomico County Maryland 1 $ 145,000 $ 145,000 $ 77,000
Worcester County Maryland 1 $ 335,000 $ 335,000 $ 199,000
Barnstable County Massachusetts 1 $ 225,000 $ 225,000 $ 180,000
Bristol County Massachusetts 1 $ 435,000 $ 435,000 $ 173,000
Franklin County Massachusetts 1 $ 135,000 $ 135,000 $ 142,000
Hampden County Massachusetts 1 $ 225,000 $ 225,000 $ 62,000
Cumberland County New Jersey 1 $ 75,000 $ 75,000 $ 101,000
Columbia County New York 1 $ 315,000 $ 315,000 $ 175,000
Delaware County New York 1 $ 525,000 $ 525,000 $ 215,000
Erie County New York 1 $ 205,000 $ 205,000 $ 59,000
Essex County New York 1 $ 155,000 $ 155,000 $ 139,000
Greene County New York 1 $ 105,000 $ 105,000 $ 200,000
St. Lawrence County New York 1 $ 245,000 $ 245,000 $ 301,000
Warren County New York 1 $ 425,000 $ 425,000 $ 610,000
Washington County New York 1 $ 265,000 $ 265,000 $ 195,000
Edgecombe County North Carolina 1 $ 275,000 $ 275,000 $ 133,000
Gaston County North Carolina 1 $ 215,000 $ 215,000 $ 149,000
Guilford County North Carolina 1 $ 335,000 $ 335,000 $ 141,000
Jackson County North Carolina 1 $ 275,000 $ 275,000 $ 58,000
Johnston County North Carolina 1 $ 245,000 $ 245,000 $ 120,000
Lee County North Carolina 1 $ 155,000 $ 155,000 $ 41,000
Macon County North Carolina 1 $ 345,000 $ 345,000 $ 153,000
Nash County North Carolina 1 $ 195,000 $ 195,000 $ 89,000
Orange County North Carolina 1 $ 545,000 $ 545,000 $ 217,000
Watauga County North Carolina 1 $ 195,000 $ 195,000 $ 221,000
Adams County Pennsylvania 1 $ 285,000 $ 285,000 $ 76,000
Blair County Pennsylvania 1 $ 265,000 $ 265,000 $ 134,000
Columbia County Pennsylvania 1 $ 165,000 $ 165,000 $ 81,000
Crawford County Pennsylvania 1 $ 205,000 $ 205,000 $ 109,000
Erie County Pennsylvania 1 $ 355,000 $ 355,000 $ 109,000
Franklin County Pennsylvania 1 $ 405,000 $ 405,000 $ 255,000
Lackawanna County Pennsylvania 1 $ 465,000 $ 465,000 $ 307,000
Lebanon County Pennsylvania 1 $ 195,000 $ 195,000 $ 83,000
Lycoming County Pennsylvania 1 $ 165,000 $ 165,000 $ 101,000
Northumberland County Pennsylvania 1 $ 275,000 $ 275,000 $ 237,000
Cherokee County South Carolina 1 $ 275,000 $ 275,000 $ 75,000
Pickens County South Carolina 1 $ 95,000 $ 95,000 $ 141,000
Coffee County Tennessee 1 $ 445,000 $ 445,000 $ 133,000
Humphreys County Tennessee 1 $ 215,000 $ 215,000 $ 117,000
Montgomery County Tennessee 1 $ 135,000 $ 135,000 $ 61,000
Sevier County Tennessee 1 $ 395,000 $ 395,000 $ 121,000
Shelby County Tennessee 1 $ 355,000 $ 355,000 $ 114,000
Sumner County Tennessee 1 $ 295,000 $ 295,000 $ 149,000
Bastrop County Texas 1 $ 185,000 $ 185,000 $ 240,000
Brazoria County Texas 1 $ 305,000 $ 305,000 $ 84,000
Collin County Texas 1 $ 215,000 $ 215,000 $ 114,000
Denton County Texas 1 $ 365,000 $ 365,000 $ 121,000
Ellis County Texas 1 $ 135,000 $ 135,000 $ 82,000
Fort Bend County Texas 1 $ 335,000 $ 335,000 $ 151,000
Montgomery County Texas 1 $ 195,000 $ 195,000 $ 203,000
Parker County Texas 1 $ 265,000 $ 265,000 $ 96,000
Rockwall County Texas 1 $ 225,000 $ 225,000 $ 95,000

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 2021

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 2,696 $854,300,000 $316,000 $1,185,000 $162,000 $972,000
Home Purchase 1,393 $556,485,000 $399,000 $1,405,000 $162,000 $1,250,000
Home Improvement 137 $42,355,000 $309,000 $705,000 $159,000 $617,000
Cash-out Refinancing 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0

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 2,055 $673,685,000 $327,000 $1,405,000 $163,000 $1,250,000
Asian 1,244 $458,780,000 $368,000 $1,175,000 $159,000 $610,000
Not Provided 445 $150,555,000 $338,000 $955,000 $176,000 $950,000
Hispanic 178 $60,180,000 $338,000 $905,000 $145,000 $597,000
Black or African American 56 $17,180,000 $306,000 $725,000 $136,000 $375,000
American Indian or Alaskan Native 4 $1,710,000 $427,000 $495,000 $221,000 $515,000
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) 4,198 $1,443,750,000 $343,000 $1,405,000 $162,000 $1,250,000
FHA-insured (Federal Housing Administration) 28 $9,390,000 $335,000 $655,000 $120,000 $243,000
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 3,288 $1,111,350,000 $338,000 $1,285,000 $161,000 $1,127,000
Application Withdrawn By Applicant 827 $303,585,000 $367,000 $1,405,000 $169,000 $1,250,000
Application Denied By Financial Institution 105 $35,835,000 $341,000 $855,000 $123,000 $350,000
Application Approved But Not Accepted 6 $2,370,000 $395,000 $545,000 $171,000 $249,000
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
Not applicable 4,121 $1,417,305,000 $343,000 $1,405,000 $163,000 $1,250,000
Debt-To-Income Ratio 51 $17,375,000 $340,000 $705,000 $96,000 $350,000
Collateral 27 $9,435,000 $349,000 $855,000 $151,000 $334,000
Other 12 $4,540,000 $378,000 $545,000 $176,000 $323,000
Credit History 6 $1,750,000 $291,000 $635,000 $107,000 $192,000
Employment History 5 $1,355,000 $271,000 $655,000 $115,000 $309,000
Unverifiable Information 4 $1,380,000 $345,000 $745,000 $130,000 $282,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 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.

Download the New Jersey Lender List