First Hope Bank A National Banking Association Mortgage Lending & HMDA Data, 2018
In 2018, First Hope Bank A National Banking Association of Hope, NJ reported 165 mortgage applications totaling $36.2 million, down 26% from 2017. The average application was for $219,484, and applicants reported an average income of $133,375. 64% of its applications resulted in an originated loan and 21% were denied. Its largest markets were Newark, NJ-PA (66), Allentown-Bethlehem-Easton, PA-NJ (62) and New York-Jersey City-White Plains, NY-NJ (26) (applications in parentheses).
| Mortgage Company & Address | First Hope Bank A National Banking Association 1301 Hope-Bridgeville Road Hope, NJ 07844 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 165 |
| Total Mortgage Loan Application Amount | $36,215,000 |
| Average Mortgage Loan Application Amount | $219,484 |
| Highest Mortgage Loan Application Amount | $2,105,000 |
| Average Applicant Income | $133,375 |
| Highest Applicant Income | $990,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Hope Bank A National Banking Association filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Warren, New Jersey | 59 | $ 7,235,000 | $ 122,627 | $ 96,000 |
| Sussex, New Jersey | 45 | $ 8,945,000 | $ 198,777 | $ 138,000 |
| Morris, New Jersey | 17 | $ 3,695,000 | $ 217,352 | $ 125,000 |
| Richmond, New York | 9 | $ 3,545,000 | $ 393,888 | $ 128,000 |
| Monmouth, New Jersey | 6 | $ 2,530,000 | $ 421,666 | $ 286,000 |
| Ocean, New Jersey | 3 | $ 585,000 | $ 195,000 | $ 111,000 |
| Bergen, New Jersey | 2 | $ 1,540,000 | $ 770,000 | $ 547,000 |
| Hudson, New Jersey | 2 | $ 440,000 | $ 220,000 | $ 91,000 |
| Passaic, New Jersey | 2 | $ 2,350,000 | $ 1,175,000 | $ 77,000 |
| Northampton, Pennsylvania | 2 | $ 220,000 | $ 110,000 | $ 57,000 |
| Fairfield, Connecticut | 1 | $ 395,000 | $ 395,000 | $ 200,000 |
| Broward, Florida | 1 | $ 205,000 | $ 205,000 | $ 322,000 |
| Palm Beach, Florida | 1 | $ 625,000 | $ 625,000 | $ 348,000 |
| Seminole, Florida | 1 | $ 135,000 | $ 135,000 | $ 101,000 |
| Barnstable, Massachusetts | 1 | $ 545,000 | $ 545,000 | $ 334,000 |
| Burlington, New Jersey | 1 | $ 425,000 | $ 425,000 | $ 259,000 |
| Essex, New Jersey | 1 | $ 75,000 | $ 75,000 | $ 75,000 |
| Hunterdon, New Jersey | 1 | $ 225,000 | $ 225,000 | $ 156,000 |
| Mercer, New Jersey | 1 | $ 195,000 | $ 195,000 | $ 64,000 |
| Middlesex, New Jersey | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Somerset, New Jersey | 1 | $ 435,000 | $ 435,000 | $ 156,000 |
| Rockland, New York | 1 | $ 395,000 | $ 395,000 | $ 153,000 |
| Suffolk, New York | 1 | $ 425,000 | $ 425,000 | $ 219,000 |
| Wake, North Carolina | 1 | $ 165,000 | $ 165,000 | $ 154,000 |
| Delaware, Pennsylvania | 1 | $ 55,000 | $ 55,000 | $ 189,000 |
| Lehigh, Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Monroe, Pennsylvania | 1 | $ 285,000 | $ 285,000 | $ 72,000 |
| Pike, Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 92,000 |
Mortgage Loan Application Detail Totals for First Hope Bank A National Banking Association in 2018
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 | 64 | $20,800,000 | $325,000 | $2,105,000 | $167,000 | $990,000 |
| Refinancing | 43 | $7,825,000 | $181,000 | $735,000 | $119,000 | $261,000 |
| Home Improvement | 30 | $2,220,000 | $74,000 | $455,000 | $107,000 | $501,000 |
| Other Purpose | 16 | $1,420,000 | $88,000 | $405,000 | $94,000 | $399,000 |
| Cash-out Refinancing | 12 | $3,950,000 | $329,000 | $635,000 | $124,000 | $261,000 |
| Not Applicable | 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 | 125 | $25,615,000 | $204,000 | $1,285,000 | $137,000 | $990,000 |
| Not applicable | 15 | $5,045,000 | $336,000 | $2,105,000 | $0 | $0 |
| Not Provided | 15 | $2,725,000 | $181,000 | $1,065,000 | $109,000 | $428,000 |
| Asian | 5 | $1,405,000 | $281,000 | $435,000 | $104,000 | $156,000 |
| Black or African American | 2 | $810,000 | $405,000 | $735,000 | $145,000 | $216,000 |
| Hispanic | 2 | $570,000 | $285,000 | $395,000 | $186,000 | $219,000 |
| American Indian or Alaskan Native | 1 | $45,000 | $45,000 | $45,000 | $35,000 | $35,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 157 | $33,985,000 | $216,000 | $2,105,000 | $135,000 | $990,000 |
| FHA-insured (Federal Housing Administration) | 5 | $1,605,000 | $321,000 | $525,000 | $111,000 | $182,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $625,000 | $208,000 | $285,000 | $62,000 | $72,000 |
| 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 | 106 | $24,520,000 | $231,000 | $2,105,000 | $139,000 | $990,000 |
| Application Denied By Financial Institution | 35 | $5,925,000 | $169,000 | $735,000 | $90,000 | $219,000 |
| Application Withdrawn By Applicant | 16 | $2,350,000 | $146,000 | $425,000 | $122,000 | $322,000 |
| File Closed For Incompleteness | 7 | $3,125,000 | $446,000 | $1,245,000 | $272,000 | $933,000 |
| Application Approved But Not Accepted | 1 | $295,000 | $295,000 | $295,000 | $194,000 | $194,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 130 | $30,290,000 | $233,000 | $2,105,000 | $145,000 | $990,000 |
| Debt-To-Income Ratio | 16 | $1,700,000 | $106,000 | $635,000 | $62,000 | $219,000 |
| Collateral | 8 | $1,470,000 | $183,000 | $735,000 | $125,000 | $216,000 |
| Other | 7 | $2,055,000 | $293,000 | $525,000 | $108,000 | $182,000 |
| Credit Application Incomplete | 2 | $460,000 | $230,000 | $255,000 | $86,000 | $91,000 |
| Credit History | 2 | $240,000 | $120,000 | $225,000 | $111,000 | $156,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Hope Bank A National Banking Association's 2018 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 First Hope Bank A National Banking Association'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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About