First Interstate Financial Cor
Mortgage Loan Application
Totals and Details
for 2007

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 First Interstate Financial Cor.
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 First Interstate Financial Cor
39 Avenue At The Commons
Shrewsbury, NJ 07702
Tel #: available with data download
Federal Regulator * available with data download
Years 2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 2,913
Total Mortgage Loan Application Amount $767,226,000
Average Mortgage Loan Application Amount $262,500
Highest Mortgage Loan Application Amount $1,913,000
Average Applicant Income $47,500
Highest Applicant Income $1,714,000

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 First Interstate Financial Cor by Metropolitan Area in 2007

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
EDISON, NJ 1,046 $ 278,138,000 $ 265,000 $ 59,000
NEWARK-UNION, NJ-PA 505 $ 140,088,000 $ 247,000 $ 22,500
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ 392 $ 122,842,000 $ 335,500 $ 38,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 240 $ 55,630,000 $ 231,000 $ 26,000
MIAMI-MIAMI BEACH-KENDALL, FL 146 $ 35,355,000 $ 242,000 $ 21,000
CAMDEN, NJ 87 $ 18,826,000 $ 216,000 $ 43,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 77 $ 22,648,000 $ 294,000 $ 18,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 52 $ 10,673,000 $ 210,500 $ 63,000
TRENTON-EWING, NJ 39 $ 7,620,000 $ 195,000 $ 71,000
ORLANDO-KISSIMMEE, FL 34 $ 7,388,000 $ 217,000 $ 25,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 26 $ 5,452,000 $ 209,000 $ 36,000
PORT ST. LUCIE, FL 19 $ 4,204,000 $ 221,000 $ 12,000
PHILADELPHIA, PA 17 $ 3,983,000 $ 234,000 $ 45,000
NASSAU-SUFFOLK, NY 16 $ 7,355,000 $ 459,000 $ 27,000
ATLANTIC CITY, NJ 13 $ 2,758,000 $ 212,000 $ 11,000
CAPE CORAL-FORT MYERS, FL 13 $ 4,170,000 $ 320,000 $ 21,000
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 12 $ 3,100,000 $ 258,000 $ 22,000
LANCASTER, PA 8 $ 1,111,000 $ 138,000 $ 9,000
OCEAN CITY, NJ 8 $ 3,352,000 $ 419,000 $ 0
PALM BAY-MELBOURNE-TITUSVILLE, FL 8 $ 1,328,000 $ 166,000 $ 13,000
PITTSBURGH, PA 8 $ 817,000 $ 102,000 $ 59,000
PITTSFIELD, MA 8 $ 1,008,000 $ 126,000 $ 16,000
JACKSONVILLE, FL 7 $ 1,265,000 $ 180,000 $ 0
BRIDGEPORT-STAMFORD-NORWALK, CT 6 $ 1,282,000 $ 213,000 $ 37,000
DETROIT-LIVONIA-DEARBORN, MI 6 $ 660,000 $ 110,000 $ 34,000
LAKELAND, FL 6 $ 1,007,000 $ 167,000 $ 26,000
SEBASTIAN-VERO BEACH, FL 6 $ 1,537,000 $ 256,000 $ 33,000
VINELAND-MILLVILLE-BRIDGETON, NJ 6 $ 731,000 $ 121,000 $ 30,000
NAPLES-MARCO ISLAND, FL 5 $ 1,722,000 $ 344,000 $ 111,000
RALEIGH-CARY, NC 5 $ 1,117,000 $ 223,000 $ 72,000
ATLANTA-SANDY SPRINGS-MARIETTA, GA 4 $ 683,000 $ 170,000 $ 47,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 4 $ 846,000 $ 211,000 $ 137,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC 4 $ 582,000 $ 145,000 $ 23,000
SCRANTON--WILKES-BARRE, PA 4 $ 220,000 $ 55,000 $ 47,000
WILMINGTON, DE-MD-NJ 4 $ 462,000 $ 111,000 $ 54,000
BOSTON-QUINCY, MA 3 $ 718,000 $ 239,000 $ 86,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 3 $ 1,549,000 $ 516,000 $ 273,000
NEW HAVEN-MILFORD, CT 3 $ 612,000 $ 204,000 $ 4,000
SARASOTA-BRADENTON-VENICE, FL 3 $ 504,000 $ 168,000 $ 91,000
SYRACUSE, NY 3 $ 178,000 $ 59,000 $ 46,000
CHARLOTTE-GASTONIA-CONCORD, NC-SC 2 $ 512,000 $ 256,000 $ 32,000
KINGSTON, NY 2 $ 448,000 $ 224,000 $ 66,000
LEBANON, PA 2 $ 382,000 $ 191,000 $ 0
PALM COAST, FL 2 $ 510,000 $ 255,000 $ 0
PEABODY, MA 2 $ 499,000 $ 249,000 $ 70,000
PORTLAND-VANCOUVER-BEAVERTON, OR-WA 2 $ 239,000 $ 119,000 $ 0
SPRINGFIELD, MA 2 $ 540,000 $ 270,000 $ 58,000
AUGUSTA-RICHMOND COUNTY, GA-SC 1 $ 164,000 $ 164,000 $ 0
FORT COLLINS-LOVELAND, CO 1 $ 129,000 $ 129,000 $ 0
GAINESVILLE, FL 1 $ 64,000 $ 64,000 $ 0
GRAND JUNCTION, CO 1 $ 125,000 $ 125,000 $ 47,000
HARRISBURG-CARLISLE, PA 1 $ 123,000 $ 123,000 $ 228,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 1 $ 960,000 $ 960,000 $ 270,000
MEMPHIS, TN-MS-AR 1 $ 75,000 $ 75,000 $ 0
NORWICH-NEW LONDON, CT 1 $ 238,000 $ 238,000 $ 0
OCALA, FL 1 $ 184,000 $ 184,000 $ 0
PENSACOLA-FERRY PASS-BRENT, FL 1 $ 140,000 $ 140,000 $ 0
PUNTA GORDA, FL 1 $ 118,000 $ 118,000 $ 0
READING, PA 1 $ 164,000 $ 164,000 $ 0
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 1 $ 160,000 $ 160,000 $ 148,000
ROCHESTER, NY 1 $ 256,000 $ 256,000 $ 0
SAN ANTONIO, TX 1 $ 147,000 $ 147,000 $ 0
SAN DIEGO-CARLSBAD-SAN MARCOS, CA 1 $ 324,000 $ 324,000 $ 200,000
SANTA ANA-ANAHEIM-IRVINE, CA 1 $ 392,000 $ 392,000 $ 98,000
UTICA-ROME, NY 1 $ 145,000 $ 145,000 $ 85,000
VALDOSTA, GA 1 $ 193,000 $ 193,000 $ 87,000
YORK-HANOVER, PA 1 $ 152,000 $ 152,000 $ 36,000

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 First Interstate Financial Cor in 2007

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 1,502 $409,042,000 $272,000 $1,625,000 $49,000 $1,673,000
Home Purchase 1,411 $358,184,000 $253,000 $1,913,000 $46,000 $1,714,000
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 1,673 $441,845,000 $264,000 $1,625,000 $67,000 $1,714,000
Black or African American 450 $108,459,000 $241,000 $1,080,000 $24,000 $396,000
Not Provided 393 $106,436,000 $270,000 $1,913,000 $12,000 $240,000
Hispanic 349 $96,344,000 $276,000 $1,000,000 $24,000 $222,000
Asian 40 $11,341,000 $283,000 $960,000 $70,000 $288,000
Native Hawaiian or Other Pacific Islander 5 $1,715,000 $343,000 $570,000 $0 $0
American Indian or Alaskan Native 3 $1,086,000 $362,000 $463,000 $71,000 $108,000
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) 2,590 $681,304,000 $263,000 $1,913,000 $50,000 $1,714,000
FHA-insured (Federal Housing Administration) 322 $85,508,000 $265,000 $545,000 $27,000 $205,000
VA-guaranteed (Veterans Administration) 1 $414,000 $414,000 $414,000 $0 $0
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 1,695 $445,362,000 $262,000 $1,913,000 $69,000 $1,714,000
Application Approved But Not Accepted 583 $150,599,000 $258,000 $1,500,000 $11,000 $324,000
Application Denied By Financial Institution 348 $95,105,000 $273,000 $1,000,000 $42,000 $955,000
Application Withdrawn By Applicant 179 $47,714,000 $266,000 $1,189,000 $5,000 $282,000
File Closed For Incompleteness 108 $28,446,000 $263,000 $1,080,000 $3,000 $97,000
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
Collateral 25 $6,863,000 $274,000 $720,000 $77,000 $207,000
Credit History 19 $5,158,000 $271,000 $608,000 $50,000 $165,000
Debt-To-Income Ratio 18 $4,620,000 $256,000 $408,000 $65,000 $108,000
Employment History 15 $3,311,000 $220,000 $495,000 $66,000 $144,000
Other 14 $3,428,000 $244,000 $515,000 $40,000 $101,000
Unverifiable Information 8 $1,871,000 $233,000 $473,000 $66,000 $116,000
Insufficient Cash (Downpayment, Closing Cost) 2 $433,000 $216,000 $250,000 $83,000 $120,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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.

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