Commerce Bank, Na
Mortgage Loan Application
Totals and Details
for 2008

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 Commerce Bank, Na.
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 Commerce Bank, Na
2059 Spingdale Road
Cherry Hill, NJ 08003
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 10,877
Total Mortgage Loan Application Amount $1,228,589,000
Average Mortgage Loan Application Amount $141,000
Highest Mortgage Loan Application Amount $30,000,000
Average Applicant Income $103,666
Highest Applicant Income $4,776,000

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 Commerce Bank, Na by County in 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Camden County New Jersey 909 $ 58,549,000 $ 64,000 $ 82,000
Ocean County New Jersey 816 $ 88,599,000 $ 108,000 $ 89,000
Philadelphia County Pennsylvania 785 $ 62,183,000 $ 79,000 $ 63,000
Gloucester County New Jersey 586 $ 42,709,000 $ 72,000 $ 93,000
Burlington County New Jersey 515 $ 46,101,000 $ 89,000 $ 104,000
Montgomery County Pennsylvania 416 $ 42,612,000 $ 102,000 $ 104,000
Delaware County Pennsylvania 393 $ 26,583,000 $ 67,000 $ 79,000
Bergen County New Jersey 388 $ 63,817,000 $ 164,000 $ 126,000
Bucks County Pennsylvania 383 $ 34,096,000 $ 89,000 $ 117,000
Monmouth County New Jersey 376 $ 50,406,000 $ 134,000 $ 116,000
Atlantic County New Jersey 367 $ 29,019,000 $ 79,000 $ 80,000
Suffolk County New York 367 $ 81,365,000 $ 221,000 $ 123,000
Nassau County New York 353 $ 45,250,000 $ 128,000 $ 119,000
Queens County New York 323 $ 44,355,000 $ 137,000 $ 88,000
New Castle County Delaware 249 $ 14,130,000 $ 56,000 $ 78,000
Richmond County New York 243 $ 26,659,000 $ 109,000 $ 100,000
Middlesex County New Jersey 240 $ 26,213,000 $ 109,000 $ 91,000
Kings County New York 211 $ 34,631,000 $ 164,000 $ 106,000
Morris County New Jersey 191 $ 27,809,000 $ 145,000 $ 129,000
Union County New Jersey 152 $ 24,051,000 $ 158,000 $ 115,000
Chester County Pennsylvania 151 $ 16,266,000 $ 107,000 $ 106,000
Passaic County New Jersey 146 $ 15,495,000 $ 106,000 $ 91,000
Essex County New Jersey 144 $ 20,499,000 $ 142,000 $ 102,000
Mercer County New Jersey 142 $ 12,502,000 $ 88,000 $ 95,000
Somerset County New Jersey 134 $ 14,227,000 $ 106,000 $ 100,000
New York County New York 128 $ 55,774,000 $ 435,000 $ 189,000
Cape May County New Jersey 120 $ 20,090,000 $ 167,000 $ 174,000
Cumberland County New Jersey 116 $ 5,954,000 $ 51,000 $ 66,000
Westchester County New York 109 $ 19,321,000 $ 177,000 $ 170,000
Palm Beach County Florida 88 $ 14,981,000 $ 170,000 $ 128,000
Bronx County New York 77 $ 5,228,000 $ 67,000 $ 71,000
Hudson County New Jersey 76 $ 12,501,000 $ 164,000 $ 115,000
Hunterdon County New Jersey 75 $ 7,457,000 $ 99,000 $ 115,000
Rockland County New York 61 $ 9,042,000 $ 148,000 $ 135,000
Lehigh County Pennsylvania 60 $ 3,913,000 $ 65,000 $ 76,000
Kent County Delaware 59 $ 3,235,000 $ 54,000 $ 58,000
Fairfield County Connecticut 45 $ 11,315,000 $ 251,000 $ 164,000
Broward County Florida 44 $ 8,290,000 $ 188,000 $ 174,000
Sussex County New Jersey 38 $ 4,323,000 $ 113,000 $ 88,000
Northampton County Pennsylvania 35 $ 2,816,000 $ 80,000 $ 88,000
Orange County New York 32 $ 3,181,000 $ 99,000 $ 97,000
Berks County Pennsylvania 32 $ 2,916,000 $ 91,000 $ 57,000
Salem County New Jersey 31 $ 8,579,000 $ 276,000 $ 84,000
Fairfax County Virginia 28 $ 6,996,000 $ 249,000 $ 232,000
Prince William County Virginia 26 $ 1,695,000 $ 65,000 $ 74,000
Warren County New Jersey 23 $ 1,236,000 $ 53,000 $ 90,000
Montgomery County Maryland 20 $ 1,780,000 $ 89,000 $ 99,000
District of Columbia County District Of Columbia 19 $ 3,723,000 $ 195,000 $ 145,000
Miami-Dade County Florida 19 $ 5,799,000 $ 305,000 $ 259,000
New Haven County Connecticut 18 $ 1,446,000 $ 80,000 $ 96,000
Monroe County Pennsylvania 12 $ 840,000 $ 70,000 $ 99,000
Prince George's County Maryland 11 $ 470,000 $ 42,000 $ 117,000
Loudoun County Virginia 11 $ 2,632,000 $ 239,000 $ 223,000
Carbon County Pennsylvania 10 $ 1,188,000 $ 118,000 $ 129,000
Sussex County Delaware 9 $ 1,444,000 $ 160,000 $ 179,000
Putnam County New York 9 $ 697,000 $ 77,000 $ 115,000
Lancaster County Pennsylvania 9 $ 579,000 $ 64,000 $ 101,000
Pike County Pennsylvania 9 $ 1,111,000 $ 123,000 $ 123,000
Luzerne County Pennsylvania 8 $ 214,000 $ 26,000 $ 55,000
Alexandria County Virginia 7 $ 1,436,000 $ 205,000 $ 130,000
Dutchess County New York 6 $ 791,000 $ 131,000 $ 84,000
Anne Arundel County Maryland 5 $ 518,000 $ 103,000 $ 99,000
Cecil County Maryland 5 $ 342,000 $ 68,000 $ 84,000
Worcester County Maryland 5 $ 668,000 $ 133,000 $ 86,000
Sullivan County New York 5 $ 465,000 $ 93,000 $ 112,000
Ulster County New York 5 $ 742,000 $ 148,000 $ 92,000
Brevard County Florida 4 $ 695,000 $ 173,000 $ 108,000
Martin County Florida 4 $ 466,000 $ 116,000 $ 107,000
Osceola County Florida 4 $ 630,000 $ 157,000 $ 152,000
Pinellas County Florida 4 $ 572,000 $ 143,000 $ 329,000
York County Pennsylvania 4 $ 410,000 $ 102,000 $ 55,000
Arlington County Virginia 4 $ 561,000 $ 140,000 $ 74,000
Flagler County Florida 3 $ 650,000 $ 216,000 $ 121,000
Lee County Florida 3 $ 383,000 $ 127,000 $ 133,000
Orange County Florida 3 $ 584,000 $ 194,000 $ 116,000
Volusia County Florida 3 $ 395,000 $ 131,000 $ 62,000
Baltimore County Maryland 3 $ 132,000 $ 44,000 $ 68,000
Frederick County Maryland 3 $ 20,000 $ 6,000 $ 76,000
Worcester County Massachusetts 3 $ 144,000 $ 48,000 $ 77,000
Monroe County New York 3 $ 127,000 $ 42,000 $ 101,000
Schuylkill County Pennsylvania 3 $ 453,000 $ 151,000 $ 83,000
Wayne County Pennsylvania 3 $ 96,000 $ 32,000 $ 79,000
Manassas County Virginia 3 $ 236,000 $ 78,000 $ 39,000
Middlesex County Connecticut 2 $ 80,000 $ 40,000 $ 96,000
Citrus County Florida 2 $ 505,000 $ 252,000 $ 80,000
Duval County Florida 2 $ 318,000 $ 159,000 $ 129,000
Sarasota County Florida 2 $ 183,000 $ 91,000 $ 44,000
St. Johns County Florida 2 $ 101,000 $ 50,000 $ 46,000
Delaware County New York 2 $ 100,000 $ 50,000 $ 39,000
Greene County New York 2 $ 320,000 $ 160,000 $ 162,000
Hamilton County New York 2 $ 110,000 $ 55,000 $ 54,000
Mecklenburg County North Carolina 2 $ 62,000 $ 31,000 $ 144,000
Adams County Pennsylvania 2 $ 149,000 $ 74,000 $ 35,000
Clearfield County Pennsylvania 2 $ 90,000 $ 45,000 $ 91,000
Lackawanna County Pennsylvania 2 $ 68,000 $ 34,000 $ 46,000
Susquehanna County Pennsylvania 2 $ 324,000 $ 162,000 $ 503,000
Stafford County Virginia 2 $ 128,000 $ 64,000 $ 57,000
Virginia Beach County Virginia 2 $ 500,000 $ 250,000 $ 637,000
Maricopa County Arizona 1 $ 10,000 $ 10,000 $ 55,000
Imperial County California 1 $ 1,000 $ 1,000 $ 55,000
San Mateo County California 1 $ 415,000 $ 415,000 $ 225,000
Stanislaus County California 1 $ 65,000 $ 65,000 $ 140,000
Boulder County Colorado 1 $ 5,000 $ 5,000 $ 12,000
Hartford County Connecticut 1 $ 99,000 $ 99,000 $ 145,000
New London County Connecticut 1 $ 28,000 $ 28,000 $ 117,000
Charlotte County Florida 1 $ 280,000 $ 280,000 $ 250,000
Collier County Florida 1 $ 125,000 $ 125,000 $ 176,000
Hernando County Florida 1 $ 60,000 $ 60,000 $ 72,000
Hillsborough County Florida 1 $ 650,000 $ 650,000 $ 500,000
Indian River County Florida 1 $ 257,000 $ 257,000 $ 234,000
Lake County Florida 1 $ 155,000 $ 155,000 $ 96,000
Manatee County Florida 1 $ 120,000 $ 120,000 $ 78,000
Monroe County Florida 1 $ 15,000 $ 15,000 $ 53,000
Pasco County Florida 1 $ 15,000 $ 15,000 $ 8,000
Polk County Florida 1 $ 30,000 $ 30,000 $ 93,000
St. Lucie County Florida 1 $ 95,000 $ 95,000 $ 85,000
Sumter County Florida 1 $ 247,000 $ 247,000 $ 177,000
Fayette County Georgia 1 $ 522,000 $ 522,000 $ 157,000
Fulton County Georgia 1 $ 100,000 $ 100,000 $ 76,000
Gwinnett County Georgia 1 $ 5,000 $ 5,000 $ 48,000
Cook County Illinois 1 $ 105,000 $ 105,000 $ 150,000
Shelby County Indiana 1 $ 270,000 $ 270,000 $ 65,000
Johnson County Kansas 1 $ 35,000 $ 35,000 $ 109,000
Kearny County Kansas 1 $ 15,000 $ 15,000 $ 42,000
Hancock County Maine 1 $ 1,000 $ 1,000 $ 45,000
York County Maine 1 $ 352,000 $ 352,000 $ 166,000
Baltimore City County Maryland 1 $ 4,000 $ 4,000 $ 36,000
Harford County Maryland 1 $ 70,000 $ 70,000 $ 87,000
Howard County Maryland 1 $ 776,000 $ 776,000 $ 242,000
Kent County Maryland 1 $ 417,000 $ 417,000 $ 600,000
Talbot County Maryland 1 $ 50,000 $ 50,000 $ 173,000
Washington County Maryland 1 $ 34,000 $ 34,000 $ 27,000
Oakland County Michigan 1 $ 90,000 $ 90,000 $ 188,000
Clark County Nevada 1 $ 175,000 $ 175,000 $ 72,000
Chenango County New York 1 $ 120,000 $ 120,000 $ 93,000
Erie County New York 1 $ 248,000 $ 248,000 $ 74,000
Essex County New York 1 $ 100,000 $ 100,000 $ 132,000
Fulton County New York 1 $ 20,000 $ 20,000 $ 38,000
Montgomery County New York 1 $ 30,000 $ 30,000 $ 26,000
Oneida County New York 1 $ 47,000 $ 47,000 $ 39,000
Schoharie County New York 1 $ 200,000 $ 200,000 $ 150,000
St. Lawrence County New York 1 $ 25,000 $ 25,000 $ 17,000
Steuben County New York 1 $ 50,000 $ 50,000 $ 55,000
Tompkins County New York 1 $ 90,000 $ 90,000 $ 39,000
Washington County New York 1 $ 76,000 $ 76,000 $ 54,000
Brunswick County North Carolina 1 $ 285,000 $ 285,000 $ 69,000
Davidson County North Carolina 1 $ 15,000 $ 15,000 $ 48,000
Rowan County North Carolina 1 $ 16,000 $ 16,000 $ 205,000
Hocking County Ohio 1 $ 15,000 $ 15,000 $ 80,000
Lorain County Ohio 1 $ 6,000 $ 6,000 $ 79,000
Blair County Pennsylvania 1 $ 122,000 $ 122,000 $ 34,000
Clinton County Pennsylvania 1 $ 105,000 $ 105,000 $ 50,000
Cumberland County Pennsylvania 1 $ 125,000 $ 125,000 $ 120,000
Dauphin County Pennsylvania 1 $ 144,000 $ 144,000 $ 41,000
Franklin County Pennsylvania 1 $ 225,000 $ 225,000 $ 78,000
Lebanon County Pennsylvania 1 $ 158,000 $ 158,000 $ 71,000
Perry County Pennsylvania 1 $ 45,000 $ 45,000 $ 72,000
Wyoming County Pennsylvania 1 $ 70,000 $ 70,000 $ 54,000
Coamo County Puerto Rico 1 $ 5,000 $ 5,000 $ 33,000
Berkeley County South Carolina 1 $ 410,000 $ 410,000 $ 102,000
Horry County South Carolina 1 $ 700,000 $ 700,000 $ 952,000
York County South Carolina 1 $ 200,000 $ 200,000 $ 69,000
Pennington County South Dakota 1 $ 10,000 $ 10,000 $ 30,000
Sevier County Tennessee 1 $ 4,000 $ 4,000 $ 21,000
Dallas County Texas 1 $ 25,000 $ 25,000 $ 441,000
Harris County Texas 1 $ 2,000 $ 2,000 $ 175,000
Franklin County Vermont 1 $ 15,000 $ 15,000 $ 72,000
Windham County Vermont 1 $ 185,000 $ 185,000 $ 76,000
Accomack County Virginia 1 $ 99,000 $ 99,000 $ 56,000
Culpeper County Virginia 1 $ 60,000 $ 60,000 $ 67,000
Fairfax City County Virginia 1 $ 80,000 $ 80,000 $ 46,000
Henrico County Virginia 1 $ 50,000 $ 50,000 $ 98,000
King and Queen County Virginia 1 $ 417,000 $ 417,000 $ 169,000
Prince George County Virginia 1 $ 7,000 $ 7,000 $ 42,000
Richmond City County Virginia 1 $ 50,000 $ 50,000 $ 150,000
Spotsylvania County Virginia 1 $ 48,000 $ 48,000 $ 33,000
Warren County Virginia 1 $ 260,000 $ 260,000 $ 65,000
Winchester County Virginia 1 $ 60,000 $ 60,000 $ 114,000

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 Commerce Bank, Na in 2008

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 Improvement 5,549 $279,743,000 $50,000 $11,000,000 $88,000 $1,767,000
Refinancing 3,415 $530,818,000 $155,000 $7,300,000 $113,000 $4,776,000
Home Purchase 1,913 $418,028,000 $218,000 $30,000,000 $110,000 $3,500,000

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 7,282 $783,986,000 $107,000 $4,800,000 $105,000 $4,776,000
Not Provided 1,396 $145,526,000 $104,000 $2,870,000 $108,000 $2,450,000
Black or African American 840 $64,071,000 $76,000 $776,000 $66,000 $595,000
Hispanic 774 $77,584,000 $100,000 $2,800,000 $78,000 $3,500,000
Asian 451 $60,879,000 $134,000 $1,650,000 $100,000 $2,331,000
Native Hawaiian or Other Pacific Islander 49 $5,938,000 $121,000 $620,000 $99,000 $512,000
Not applicable 45 $87,608,000 $1,946,000 $30,000,000 $0 $0
American Indian or Alaskan Native 40 $2,997,000 $74,000 $390,000 $88,000 $250,000

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) 10,728 $1,194,134,000 $111,000 $30,000,000 $100,000 $4,776,000
FHA-insured (Federal Housing Administration) 149 $34,455,000 $231,000 $1,146,000 $75,000 $214,000
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 4,697 $593,447,000 $126,000 $11,000,000 $110,000 $3,025,000
Application Denied By Financial Institution 4,551 $366,470,000 $80,000 $7,000,000 $80,000 $1,209,000
Application Approved But Not Accepted 1,255 $149,941,000 $119,000 $2,800,000 $119,000 $4,776,000
Application Withdrawn By Applicant 268 $87,957,000 $328,000 $30,000,000 $148,000 $1,587,000
File Closed For Incompleteness 59 $18,087,000 $306,000 $1,200,000 $136,000 $597,000
Preapproval Denied by Financial Institution 46 $12,485,000 $271,000 $2,870,000 $82,000 $1,369,000
Preapproval Approved but not Accepted 1 $202,000 $202,000 $202,000 $49,000 $49,000
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
Credit History 2,577 $139,331,000 $54,000 $2,870,000 $72,000 $1,369,000
Debt-To-Income Ratio 989 $105,187,000 $106,000 $1,498,000 $69,000 $370,000
Collateral 596 $77,175,000 $129,000 $2,100,000 $114,000 $1,209,000
Other 303 $33,177,000 $109,000 $2,187,000 $110,000 $810,000
Unverifiable Information 56 $6,930,000 $123,000 $700,000 $108,000 $480,000
Employment History 29 $2,015,000 $69,000 $335,000 $86,000 $593,000
Credit Application Incomplete 17 $974,000 $57,000 $220,000 $55,000 $107,000
Insufficient Cash (Downpayment, Closing Cost) 15 $11,058,000 $737,000 $7,000,000 $135,000 $685,000
Mortgage Insurance Denied 15 $3,108,000 $207,000 $317,000 $59,000 $98,000

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