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 Financial Resources Federal Credit Union.
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 | Financial Resources Federal Credit Union 520 Route 22 E Bridgewater, NJ 08807 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 2005 2004 2003 |
Total Number of Mortgage Applications | 665 |
Total Mortgage Loan Application Amount | $148,808,000 |
Average Mortgage Loan Application Amount | $182,333 |
Highest Mortgage Loan Application Amount | $1,500,000 |
Average Applicant Income | $124,666 |
Highest Applicant Income | $1,000,000 |
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 |
---|---|---|---|---|
Somerset County New Jersey | 141 | $ 29,797,000 | $ 211,000 | $ 128,000 |
Middlesex County New Jersey | 99 | $ 18,077,000 | $ 182,000 | $ 115,000 |
Hunterdon County New Jersey | 71 | $ 16,997,000 | $ 239,000 | $ 159,000 |
Montgomery County Pennsylvania | 33 | $ 6,302,000 | $ 190,000 | $ 133,000 |
Bucks County Pennsylvania | 31 | $ 10,847,000 | $ 349,000 | $ 222,000 |
Union County New Jersey | 25 | $ 7,054,000 | $ 282,000 | $ 118,000 |
Monmouth County New Jersey | 24 | $ 5,985,000 | $ 249,000 | $ 147,000 |
Mercer County New Jersey | 20 | $ 5,397,000 | $ 269,000 | $ 155,000 |
Essex County New Jersey | 14 | $ 3,273,000 | $ 233,000 | $ 51,000 |
Morris County New Jersey | 14 | $ 4,204,000 | $ 300,000 | $ 168,000 |
Northampton County Pennsylvania | 13 | $ 2,476,000 | $ 190,000 | $ 109,000 |
Warren County New Jersey | 10 | $ 1,742,000 | $ 174,000 | $ 103,000 |
Bernalillo County New Mexico | 9 | $ 1,345,000 | $ 149,000 | $ 70,000 |
Clermont County Ohio | 7 | $ 838,000 | $ 119,000 | $ 84,000 |
Hamilton County Ohio | 7 | $ 2,380,000 | $ 340,000 | $ 149,000 |
Ocean County New Jersey | 6 | $ 2,045,000 | $ 340,000 | $ 136,000 |
Broward County Florida | 5 | $ 965,000 | $ 193,000 | $ 124,000 |
Bristol County Massachusetts | 5 | $ 1,070,000 | $ 214,000 | $ 173,000 |
Hudson County New Jersey | 5 | $ 1,251,000 | $ 250,000 | $ 205,000 |
Lehigh County Pennsylvania | 5 | $ 680,000 | $ 136,000 | $ 141,000 |
Plymouth County Massachusetts | 4 | $ 667,000 | $ 166,000 | $ 147,000 |
Burlington County New Jersey | 4 | $ 872,000 | $ 218,000 | $ 74,000 |
Warren County Ohio | 4 | $ 956,000 | $ 239,000 | $ 153,000 |
Philadelphia County Pennsylvania | 4 | $ 922,000 | $ 230,000 | $ 93,000 |
Barnstable County Massachusetts | 3 | $ 687,000 | $ 229,000 | $ 182,000 |
Norfolk County Massachusetts | 3 | $ 703,000 | $ 234,000 | $ 185,000 |
Richmond County New York | 3 | $ 315,000 | $ 105,000 | $ 88,000 |
Butler County Ohio | 3 | $ 544,000 | $ 181,000 | $ 161,000 |
Delaware County Pennsylvania | 3 | $ 789,000 | $ 263,000 | $ 235,000 |
Los Angeles County California | 2 | $ 1,205,000 | $ 602,000 | $ 210,000 |
New Castle County Delaware | 2 | $ 324,000 | $ 162,000 | $ 135,000 |
Lee County Florida | 2 | $ 349,000 | $ 174,000 | $ 123,000 |
Miami-Dade County Florida | 2 | $ 469,000 | $ 234,000 | $ 117,000 |
Seminole County Florida | 2 | $ 322,000 | $ 161,000 | $ 135,000 |
Forsyth County Georgia | 2 | $ 278,000 | $ 139,000 | $ 42,000 |
Fulton County Georgia | 2 | $ 268,000 | $ 134,000 | $ 145,000 |
Bergen County New Jersey | 2 | $ 677,000 | $ 338,000 | $ 199,000 |
Camden County New Jersey | 2 | $ 180,000 | $ 90,000 | $ 92,000 |
Valencia County New Mexico | 2 | $ 281,000 | $ 140,000 | $ 127,000 |
Queens County New York | 2 | $ 650,000 | $ 325,000 | $ 116,000 |
Cumberland County Pennsylvania | 2 | $ 365,000 | $ 182,000 | $ 84,000 |
Lancaster County Pennsylvania | 2 | $ 262,000 | $ 131,000 | $ 85,000 |
Alameda County California | 1 | $ 144,000 | $ 144,000 | $ 58,000 |
Orange County California | 1 | $ 640,000 | $ 640,000 | $ 192,000 |
San Bernardino County California | 1 | $ 25,000 | $ 25,000 | $ 44,000 |
Collier County Florida | 1 | $ 306,000 | $ 306,000 | $ 219,000 |
Duval County Florida | 1 | $ 160,000 | $ 160,000 | $ 307,000 |
Hillsborough County Florida | 1 | $ 120,000 | $ 120,000 | $ 173,000 |
Orange County Florida | 1 | $ 56,000 | $ 56,000 | $ 36,000 |
Palm Beach County Florida | 1 | $ 233,000 | $ 233,000 | $ 122,000 |
Pinellas County Florida | 1 | $ 240,000 | $ 240,000 | $ 252,000 |
Santa Rosa County Florida | 1 | $ 187,000 | $ 187,000 | $ 80,000 |
Sarasota County Florida | 1 | $ 234,000 | $ 234,000 | $ 94,000 |
Volusia County Florida | 1 | $ 43,000 | $ 43,000 | $ 29,000 |
Gwinnett County Georgia | 1 | $ 198,000 | $ 198,000 | $ 120,000 |
Hall County Georgia | 1 | $ 92,000 | $ 92,000 | $ 202,000 |
Will County Illinois | 1 | $ 339,000 | $ 339,000 | $ 151,000 |
Williamson County Illinois | 1 | $ 172,000 | $ 172,000 | $ 69,000 |
Allen County Indiana | 1 | $ 125,000 | $ 125,000 | $ 99,000 |
Boone County Indiana | 1 | $ 340,000 | $ 340,000 | $ 51,000 |
Marion County Indiana | 1 | $ 100,000 | $ 100,000 | $ 153,000 |
St. Joseph County Indiana | 1 | $ 140,000 | $ 140,000 | $ 191,000 |
Campbell County Kentucky | 1 | $ 228,000 | $ 228,000 | $ 145,000 |
Nelson County Kentucky | 1 | $ 163,000 | $ 163,000 | $ 76,000 |
Anne Arundel County Maryland | 1 | $ 325,000 | $ 325,000 | $ 107,000 |
Cecil County Maryland | 1 | $ 70,000 | $ 70,000 | $ 208,000 |
Middlesex County Massachusetts | 1 | $ 270,000 | $ 270,000 | $ 300,000 |
Suffolk County Massachusetts | 1 | $ 229,000 | $ 229,000 | $ 169,000 |
Cheshire County New Hampshire | 1 | $ 60,000 | $ 60,000 | $ 40,000 |
Hillsborough County New Hampshire | 1 | $ 240,000 | $ 240,000 | $ 84,000 |
Cape May County New Jersey | 1 | $ 382,000 | $ 382,000 | $ 358,000 |
Passaic County New Jersey | 1 | $ 300,000 | $ 300,000 | $ 90,000 |
Sussex County New Jersey | 1 | $ 77,000 | $ 77,000 | $ 78,000 |
New York County New York | 1 | $ 298,000 | $ 298,000 | $ 220,000 |
Rockland County New York | 1 | $ 225,000 | $ 225,000 | $ 108,000 |
Alexander County North Carolina | 1 | $ 452,000 | $ 452,000 | $ 172,000 |
Brunswick County North Carolina | 1 | $ 30,000 | $ 30,000 | $ 201,000 |
Cherokee County North Carolina | 1 | $ 60,000 | $ 60,000 | $ 224,000 |
Lincoln County North Carolina | 1 | $ 253,000 | $ 253,000 | $ 96,000 |
Wake County North Carolina | 1 | $ 684,000 | $ 684,000 | $ 250,000 |
Cuyahoga County Ohio | 1 | $ 200,000 | $ 200,000 | $ 470,000 |
Hocking County Ohio | 1 | $ 280,000 | $ 280,000 | $ 199,000 |
Adams County Pennsylvania | 1 | $ 263,000 | $ 263,000 | $ 150,000 |
Berks County Pennsylvania | 1 | $ 100,000 | $ 100,000 | $ 52,000 |
Chester County Pennsylvania | 1 | $ 319,000 | $ 319,000 | $ 133,000 |
Pike County Pennsylvania | 1 | $ 140,000 | $ 140,000 | $ 273,000 |
Wayne County Pennsylvania | 1 | $ 88,000 | $ 88,000 | $ 116,000 |
Providence County Rhode Island | 1 | $ 293,000 | $ 293,000 | $ 122,000 |
Georgetown County South Carolina | 1 | $ 220,000 | $ 220,000 | $ 61,000 |
Davidson County Tennessee | 1 | $ 90,000 | $ 90,000 | $ 31,000 |
Hamilton County Tennessee | 1 | $ 373,000 | $ 373,000 | $ 140,000 |
Tom Green County Texas | 1 | $ 130,000 | $ 130,000 | $ 48,000 |
Salt Lake County Utah | 1 | $ 20,000 | $ 20,000 | $ 121,000 |
Bennington County Vermont | 1 | $ 405,000 | $ 405,000 | $ 175,000 |
Windsor County Vermont | 1 | $ 220,000 | $ 220,000 | $ 95,000 |
Richmond City County Virginia | 1 | $ 214,000 | $ 214,000 | $ 73,000 |
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 |
---|---|---|---|---|---|---|
Refinancing | 527 | $120,511,000 | $228,000 | $1,500,000 | $140,000 | $1,000,000 |
Home Purchase | 103 | $25,917,000 | $251,000 | $975,000 | $116,000 | $569,000 |
Home Improvement | 35 | $2,380,000 | $68,000 | $364,000 | $118,000 | $307,000 |
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 | 292 | $70,412,000 | $241,000 | $975,000 | $140,000 | $612,000 |
Not Provided | 233 | $46,283,000 | $198,000 | $1,500,000 | $137,000 | $1,000,000 |
Black or African American | 56 | $12,830,000 | $229,000 | $640,000 | $108,000 | $294,000 |
Asian | 47 | $12,241,000 | $260,000 | $584,000 | $139,000 | $300,000 |
Hispanic | 34 | $6,474,000 | $190,000 | $465,000 | $116,000 | $526,000 |
American Indian or Alaskan Native | 3 | $568,000 | $189,000 | $268,000 | $154,000 | $175,000 |
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) | 645 | $144,059,000 | $223,000 | $1,500,000 | $137,000 | $1,000,000 |
FHA-insured (Federal Housing Administration) | 19 | $4,606,000 | $242,000 | $475,000 | $76,000 | $154,000 |
VA-guaranteed (Veterans Administration) | 1 | $143,000 | $143,000 | $143,000 | $50,000 | $50,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 295 | $66,248,000 | $224,000 | $1,500,000 | $136,000 | $526,000 |
File Closed For Incompleteness | 158 | $37,237,000 | $235,000 | $992,000 | $149,000 | $700,000 |
Application Withdrawn By Applicant | 110 | $24,238,000 | $220,000 | $992,000 | $149,000 | $1,000,000 |
Application Denied By Financial Institution | 101 | $20,827,000 | $206,000 | $625,000 | $96,000 | $307,000 |
Application Approved But Not Accepted | 1 | $258,000 | $258,000 | $258,000 | $69,000 | $69,000 |
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 |
---|---|---|---|---|---|---|
Credit History | 51 | $11,269,000 | $220,000 | $613,000 | $92,000 | $228,000 |
Debt-To-Income Ratio | 16 | $2,388,000 | $149,000 | $282,000 | $74,000 | $136,000 |
Collateral | 13 | $2,673,000 | $205,000 | $625,000 | $155,000 | $307,000 |
Other | 9 | $1,444,000 | $160,000 | $336,000 | $69,000 | $132,000 |
Employment History | 3 | $565,000 | $188,000 | $368,000 | $54,000 | $76,000 |
Unverifiable Information | 1 | $120,000 | $120,000 | $120,000 | $173,000 | $173,000 |
Credit Application Incomplete | 1 | $305,000 | $305,000 | $305,000 | $26,000 | $26,000 |
Mortgage Insurance Denied | 1 | $380,000 | $380,000 | $380,000 | $119,000 | $119,000 |
Insufficient Cash (Downpayment, Closing Cost) | 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.