Approved Funding
HMDA Loan Application Totals
and Mortgage Lending Details
for 2005
Approved Funding 2005 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Approved Funding 41 Grand Avenue River Edge, NJ 07661 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,087 |
| Total Mortgage Loan Application Amount | $296,096,000 |
| Average Mortgage Loan Application Amount | $267,000 |
| Highest Mortgage Loan Application Amount | $2,700,000 |
| Average Applicant Income | $91,666 |
| Highest Applicant Income | $2,235,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2005 with Approved Funding. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Approved Funding's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2005 breaks down Approved Funding's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Approved Funding serves its applicants.
Each category highlights the total number of mortgage applications processed by Approved Funding, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Approved Funding's mortgage activity for 2005.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Kings County New York | 145 | $ 48,191,000 | $ 332,000 | $ 88,000 |
| Bergen County New Jersey | 111 | $ 31,803,000 | $ 286,000 | $ 167,000 |
| Passaic County New Jersey | 106 | $ 27,058,000 | $ 255,000 | $ 100,000 |
| Miami-Dade County Florida | 105 | $ 25,863,000 | $ 246,000 | $ 127,000 |
| Nassau County New York | 105 | $ 40,437,000 | $ 385,000 | $ 135,000 |
| Broward County Florida | 52 | $ 9,153,000 | $ 176,000 | $ 92,000 |
| Queens County New York | 45 | $ 14,963,000 | $ 332,000 | $ 139,000 |
| Essex County New Jersey | 36 | $ 8,235,000 | $ 228,000 | $ 123,000 |
| Richmond County New York | 28 | $ 8,744,000 | $ 312,000 | $ 129,000 |
| Palm Beach County Florida | 26 | $ 6,492,000 | $ 249,000 | $ 155,000 |
| Monmouth County New Jersey | 20 | $ 7,003,000 | $ 350,000 | $ 105,000 |
| Ocean County New Jersey | 20 | $ 4,889,000 | $ 244,000 | $ 107,000 |
| Westchester County New York | 20 | $ 8,157,000 | $ 407,000 | $ 111,000 |
| Rockland County New York | 19 | $ 5,603,000 | $ 294,000 | $ 77,000 |
| Hudson County New Jersey | 18 | $ 2,994,000 | $ 166,000 | $ 97,000 |
| Middlesex County New Jersey | 16 | $ 3,332,000 | $ 208,000 | $ 133,000 |
| Morris County New Jersey | 16 | $ 3,779,000 | $ 236,000 | $ 161,000 |
| New York County New York | 16 | $ 9,427,000 | $ 589,000 | $ 94,000 |
| Lee County Florida | 10 | $ 1,222,000 | $ 122,000 | $ 75,000 |
| Bronx County New York | 10 | $ 2,189,000 | $ 218,000 | $ 96,000 |
| Flagler County Florida | 9 | $ 1,261,000 | $ 140,000 | $ 68,000 |
| Suffolk County New York | 9 | $ 2,812,000 | $ 312,000 | $ 84,000 |
| Orange County New York | 8 | $ 1,616,000 | $ 202,000 | $ 120,000 |
| Brevard County Florida | 7 | $ 615,000 | $ 87,000 | $ 108,000 |
| St. Lucie County Florida | 7 | $ 1,348,000 | $ 192,000 | $ 88,000 |
| Mercer County New Jersey | 7 | $ 741,000 | $ 105,000 | $ 29,000 |
| Clay County Florida | 6 | $ 903,000 | $ 150,000 | $ 53,000 |
| Duval County Florida | 6 | $ 749,000 | $ 124,000 | $ 40,000 |
| Orange County Florida | 6 | $ 883,000 | $ 147,000 | $ 58,000 |
| Camden County New Jersey | 6 | $ 1,217,000 | $ 202,000 | $ 226,000 |
| Gloucester County New Jersey | 6 | $ 643,000 | $ 107,000 | $ 214,000 |
| Hartford County Connecticut | 5 | $ 634,000 | $ 126,000 | $ 75,000 |
| Burlington County New Jersey | 5 | $ 986,000 | $ 197,000 | $ 134,000 |
| Lehigh County Pennsylvania | 5 | $ 424,000 | $ 84,000 | $ 48,000 |
| New Haven County Connecticut | 4 | $ 608,000 | $ 152,000 | $ 142,000 |
| Union County New Jersey | 4 | $ 748,000 | $ 187,000 | $ 57,000 |
| Oswego County New York | 4 | $ 252,000 | $ 63,000 | $ 0 |
| Los Angeles County California | 3 | $ 1,046,000 | $ 348,000 | $ 61,000 |
| Fairfield County Connecticut | 3 | $ 711,000 | $ 237,000 | $ 142,000 |
| Hillsborough County Florida | 3 | $ 430,000 | $ 143,000 | $ 140,000 |
| Lake County Florida | 3 | $ 371,000 | $ 123,000 | $ 59,000 |
| Somerset County New Jersey | 3 | $ 946,000 | $ 315,000 | $ 102,000 |
| Greene County New York | 3 | $ 1,045,000 | $ 348,000 | $ 120,000 |
| Middlesex County Connecticut | 2 | $ 207,000 | $ 103,000 | $ 60,000 |
| Pinellas County Florida | 2 | $ 388,000 | $ 194,000 | $ 107,000 |
| Sarasota County Florida | 2 | $ 367,000 | $ 183,000 | $ 57,000 |
| Suwannee County Florida | 2 | $ 239,000 | $ 119,000 | $ 0 |
| Henry County Georgia | 2 | $ 154,000 | $ 77,000 | $ 106,000 |
| Cape May County New Jersey | 2 | $ 173,000 | $ 86,000 | $ 82,000 |
| Clinton County New York | 2 | $ 223,000 | $ 111,000 | $ 63,000 |
| Erie County New York | 2 | $ 202,000 | $ 101,000 | $ 61,000 |
| Monroe County New York | 2 | $ 165,000 | $ 82,000 | $ 84,000 |
| Putnam County New York | 2 | $ 350,000 | $ 175,000 | $ 79,000 |
| Sullivan County New York | 2 | $ 232,000 | $ 116,000 | $ 54,000 |
| Hernando County Florida | 1 | $ 128,000 | $ 128,000 | $ 72,000 |
| Manatee County Florida | 1 | $ 119,000 | $ 119,000 | $ 25,000 |
| Martin County Florida | 1 | $ 91,000 | $ 91,000 | $ 48,000 |
| Nassau County Florida | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Putnam County Florida | 1 | $ 203,000 | $ 203,000 | $ 74,000 |
| Seminole County Florida | 1 | $ 123,000 | $ 123,000 | $ 35,000 |
| St. Johns County Florida | 1 | $ 176,000 | $ 176,000 | $ 52,000 |
| Sumter County Florida | 1 | $ 114,000 | $ 114,000 | $ 66,000 |
| Fulton County Georgia | 1 | $ 80,000 | $ 80,000 | $ 0 |
| Gwinnett County Georgia | 1 | $ 110,000 | $ 110,000 | $ 90,000 |
| Paulding County Georgia | 1 | $ 128,000 | $ 128,000 | $ 55,000 |
| Spalding County Georgia | 1 | $ 108,000 | $ 108,000 | $ 35,000 |
| Atlantic County New Jersey | 1 | $ 140,000 | $ 140,000 | $ 40,000 |
| Delaware County New York | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Niagara County New York | 1 | $ 41,000 | $ 41,000 | $ 45,000 |
| Delaware County Pennsylvania | 1 | $ 70,000 | $ 70,000 | $ 70,000 |
| Luzerne County Pennsylvania | 1 | $ 80,000 | $ 80,000 | $ 0 |
| Montgomery County Pennsylvania | 1 | $ 278,000 | $ 278,000 | $ 97,000 |
Mortgage Loan Application Detail Totals for Approved Funding in 2005
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 | 632 | $172,079,000 | $281,428 | $2,700,000 | $90,857 | $2,235,000 |
| Refinancing | 455 | $124,017,000 | $246,800 | $1,495,000 | $92,800 | $1,184,000 |
| Home Improvement | 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 | 748 | $214,834,000 | $228,285 | $2,700,000 | $93,428 | $2,235,000 |
| Not Provided | 275 | $65,925,000 | $194,142 | $2,000,000 | $62,714 | $1,184,000 |
| Black or African American | 29 | $6,710,000 | $260,200 | $700,000 | $112,400 | $264,000 |
| Hispanic | 28 | $6,491,000 | $244,000 | $990,000 | $111,666 | $276,000 |
| Asian | 7 | $2,136,000 | $314,750 | $569,000 | $129,000 | $317,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 1,087 | $296,096,000 | $260,250 | $2,700,000 | $91,125 | $2,235,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 Purchased By The Institution | 1,082 | $293,985,000 | $213,857 | $2,700,000 | $81,285 | $2,235,000 |
| Application Withdrawn By Applicant | 3 | $1,215,000 | $405,000 | $569,000 | $166,000 | $317,000 |
| Application Denied By Financial Institution | 1 | $312,000 | $312,000 | $312,000 | $89,000 | $89,000 |
| Preapproval Denied by Financial Institution | 1 | $584,000 | $584,000 | $584,000 | $156,000 | $156,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Originated | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 1 | $312,000 | $312,000 | $312,000 | $89,000 | $89,000 |
| Employment History | 1 | $584,000 | $584,000 | $584,000 | $156,000 | $156,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Approved Funding's 2005 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Approved Funding's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in New Jersey, download the full spreadsheet
with aggregated HMDA statistics today.