First Residential Mortgage
Mortgage Loan Application
Totals and Details
for 2004
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 Residential Mortgage.
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 Residential Mortgage 570 Sylvan Avenue Englewood Cliffs, NJ 07632 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,443 |
| Total Mortgage Loan Application Amount | $595,997,000 |
| Average Mortgage Loan Application Amount | $170,187 |
| Highest Mortgage Loan Application Amount | $760,000 |
| Average Applicant Income | $61,000 |
| Highest Applicant Income | $952,000 |
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 |
|---|---|---|---|---|
| Passaic County New Jersey | 532 | $ 128,779,000 | $ 242,000 | $ 53,000 |
| Hudson County New Jersey | 413 | $ 107,322,000 | $ 259,000 | $ 74,000 |
| Essex County New Jersey | 262 | $ 62,620,000 | $ 239,000 | $ 61,000 |
| Bergen County New Jersey | 242 | $ 64,454,000 | $ 266,000 | $ 65,000 |
| Union County New Jersey | 123 | $ 30,939,000 | $ 251,000 | $ 88,000 |
| Queens County New York | 114 | $ 37,147,000 | $ 325,000 | $ 68,000 |
| Suffolk County New York | 108 | $ 27,845,000 | $ 257,000 | $ 66,000 |
| Atlantic County New Jersey | 90 | $ 12,562,000 | $ 139,000 | $ 34,000 |
| Kings County New York | 88 | $ 27,951,000 | $ 317,000 | $ 67,000 |
| Nassau County New York | 54 | $ 14,941,000 | $ 276,000 | $ 75,000 |
| Middlesex County New Jersey | 44 | $ 9,816,000 | $ 223,000 | $ 82,000 |
| Broward County Florida | 40 | $ 5,398,000 | $ 134,000 | $ 63,000 |
| Montgomery County Maryland | 38 | $ 7,361,000 | $ 193,000 | $ 53,000 |
| Somerset County New Jersey | 34 | $ 7,198,000 | $ 211,000 | $ 60,000 |
| Miami-Dade County Florida | 32 | $ 3,554,000 | $ 111,000 | $ 63,000 |
| Bronx County New York | 28 | $ 8,125,000 | $ 290,000 | $ 71,000 |
| Morris County New Jersey | 24 | $ 6,793,000 | $ 283,000 | $ 75,000 |
| Prince George's County Maryland | 16 | $ 3,041,000 | $ 190,000 | $ 41,000 |
| Prince William County Virginia | 12 | $ 2,861,000 | $ 238,000 | $ 44,000 |
| Hillsborough County Florida | 11 | $ 1,374,000 | $ 124,000 | $ 48,000 |
| Clark County Nevada | 8 | $ 917,000 | $ 114,000 | $ 48,000 |
| Monmouth County New Jersey | 8 | $ 1,984,000 | $ 248,000 | $ 64,000 |
| Orange County New York | 6 | $ 917,000 | $ 152,000 | $ 73,000 |
| Rockland County New York | 6 | $ 1,059,000 | $ 176,000 | $ 56,000 |
| Howard County Maryland | 5 | $ 877,000 | $ 175,000 | $ 48,000 |
| Ocean County New Jersey | 5 | $ 1,115,000 | $ 223,000 | $ 38,000 |
| Sussex County New Jersey | 5 | $ 1,097,000 | $ 219,000 | $ 105,000 |
| Warren County New Jersey | 5 | $ 1,478,000 | $ 295,000 | $ 41,000 |
| Orange County Florida | 4 | $ 611,000 | $ 152,000 | $ 13,000 |
| Sullivan County New York | 4 | $ 421,000 | $ 105,000 | $ 69,000 |
| Westchester County New York | 4 | $ 1,648,000 | $ 412,000 | $ 145,000 |
| Chesterfield County Virginia | 4 | $ 532,000 | $ 133,000 | $ 43,000 |
| Manassas County Virginia | 4 | $ 1,011,000 | $ 252,000 | $ 43,000 |
| Palm Beach County Florida | 3 | $ 636,000 | $ 212,000 | $ 282,000 |
| Baltimore County Maryland | 3 | $ 382,000 | $ 127,000 | $ 43,000 |
| Frederick County Maryland | 3 | $ 562,000 | $ 187,000 | $ 23,000 |
| Mercer County New Jersey | 3 | $ 456,000 | $ 152,000 | $ 44,000 |
| Richmond County New York | 3 | $ 784,000 | $ 261,000 | $ 83,000 |
| Clay County Florida | 2 | $ 266,000 | $ 133,000 | $ 51,000 |
| Collier County Florida | 2 | $ 353,000 | $ 176,000 | $ 0 |
| Lee County Florida | 2 | $ 311,000 | $ 155,000 | $ 44,000 |
| Osceola County Florida | 2 | $ 330,000 | $ 165,000 | $ 46,000 |
| St. Lucie County Florida | 2 | $ 313,000 | $ 156,000 | $ 68,000 |
| Baltimore City County Maryland | 2 | $ 141,000 | $ 70,000 | $ 26,000 |
| Carroll County Maryland | 2 | $ 583,000 | $ 291,000 | $ 33,000 |
| Cumberland County New Jersey | 2 | $ 175,000 | $ 87,000 | $ 13,000 |
| Culpeper County Virginia | 2 | $ 285,000 | $ 142,000 | $ 33,000 |
| Fairfax County Virginia | 2 | $ 509,000 | $ 254,000 | $ 42,000 |
| Manassas Park County Virginia | 2 | $ 533,000 | $ 266,000 | $ 37,000 |
| Spotsylvania County Virginia | 2 | $ 372,000 | $ 186,000 | $ 36,000 |
| Charlotte County Florida | 1 | $ 113,000 | $ 113,000 | $ 70,000 |
| Flagler County Florida | 1 | $ 147,000 | $ 147,000 | $ 65,000 |
| Marion County Florida | 1 | $ 73,000 | $ 73,000 | $ 0 |
| Sarasota County Florida | 1 | $ 143,000 | $ 143,000 | $ 0 |
| Volusia County Florida | 1 | $ 113,000 | $ 113,000 | $ 55,000 |
| Burlington County New Jersey | 1 | $ 122,000 | $ 122,000 | $ 44,000 |
| Camden County New Jersey | 1 | $ 181,000 | $ 181,000 | $ 55,000 |
| Cape May County New Jersey | 1 | $ 150,000 | $ 150,000 | $ 49,000 |
| Hunterdon County New Jersey | 1 | $ 129,000 | $ 129,000 | $ 27,000 |
| Albany County New York | 1 | $ 250,000 | $ 250,000 | $ 73,000 |
| Herkimer County New York | 1 | $ 98,000 | $ 98,000 | $ 72,000 |
| Montgomery County New York | 1 | $ 56,000 | $ 56,000 | $ 79,000 |
| Schenectady County New York | 1 | $ 74,000 | $ 74,000 | $ 90,000 |
| Arlington County Virginia | 1 | $ 257,000 | $ 257,000 | $ 77,000 |
| Caroline County Virginia | 1 | $ 133,000 | $ 133,000 | $ 40,000 |
| Stafford County Virginia | 1 | $ 255,000 | $ 255,000 | $ 51,000 |
| Suffolk County Virginia | 1 | $ 128,000 | $ 128,000 | $ 34,000 |
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 Residential Mortgage in 2004
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 | 1,888 | $471,586,000 | $212,142 | $760,000 | $51,714 | $952,000 |
| Refinancing | 552 | $124,244,000 | $178,500 | $543,000 | $64,000 | $307,000 |
| Home Improvement | 3 | $167,000 | $55,666 | $69,000 | $76,666 | $121,000 |
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 |
|---|---|---|---|---|---|---|
| Hispanic | 1,856 | $453,109,000 | $210,285 | $720,000 | $54,428 | $952,000 |
| White | 367 | $85,692,000 | $189,000 | $650,000 | $48,333 | $243,000 |
| Black or African American | 115 | $26,303,000 | $198,000 | $558,000 | $68,000 | $225,000 |
| Asian | 88 | $27,520,000 | $271,666 | $760,000 | $76,000 | $168,000 |
| Not Provided | 8 | $1,814,000 | $195,500 | $386,000 | $88,500 | $119,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $931,000 | $142,500 | $324,000 | $55,500 | $129,000 |
| American Indian or Alaskan Native | 4 | $628,000 | $225,000 | $361,000 | $56,000 | $82,000 |
| 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 1,277 | $321,246,000 | $203,833 | $558,000 | $44,000 | $213,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,165 | $274,623,000 | $207,285 | $760,000 | $57,142 | $952,000 |
| VA-guaranteed (Veterans Administration) | 1 | $128,000 | $128,000 | $128,000 | $34,000 | $34,000 |
| 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 | 1,528 | $376,818,000 | $198,500 | $760,000 | $56,333 | $952,000 |
| Application Withdrawn By Applicant | 588 | $140,172,000 | $192,166 | $650,000 | $55,333 | $253,000 |
| Application Denied By Financial Institution | 198 | $45,870,000 | $218,250 | $684,000 | $52,000 | $225,000 |
| Application Approved But Not Accepted | 67 | $17,964,000 | $179,800 | $720,000 | $63,600 | $248,000 |
| File Closed For Incompleteness | 56 | $13,512,000 | $207,333 | $450,000 | $59,000 | $150,000 |
| Preapproval Denied by Financial Institution | 4 | $1,202,000 | $300,000 | $451,000 | $45,000 | $104,000 |
| Preapproval Approved but not Accepted | 2 | $459,000 | $229,000 | $243,000 | $53,000 | $56,000 |
| 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 Application Incomplete | 51 | $11,285,000 | $185,666 | $449,000 | $49,000 | $194,000 |
| Other | 40 | $8,438,000 | $238,000 | $585,000 | $23,500 | $144,000 |
| Collateral | 30 | $6,791,000 | $249,000 | $495,000 | $87,500 | $225,000 |
| Credit History | 11 | $2,716,000 | $246,000 | $372,000 | $56,000 | $102,000 |
| Unverifiable Information | 8 | $2,508,000 | $279,666 | $487,000 | $78,666 | $148,000 |
| Debt-To-Income Ratio | 6 | $1,893,000 | $315,000 | $684,000 | $54,000 | $82,000 |
| Employment History | 5 | $919,000 | $141,500 | $315,000 | $88,000 | $124,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $603,000 | $301,500 | $372,000 | $86,500 | $104,000 |
| Mortgage Insurance Denied | 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.