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.
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.
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.