First Residential Mortgage
Mortgage Loan Application
Totals and Details
for 2005
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 | 3,425 |
| Total Mortgage Loan Application Amount | $745,674,000 |
| Average Mortgage Loan Application Amount | $201,277 |
| Highest Mortgage Loan Application Amount | $1,000,000 |
| Average Applicant Income | $74,500 |
| Highest Applicant Income | $1,410,000 |
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 | 605 | $ 134,875,000 | $ 222,000 | $ 67,000 |
| Hudson County New Jersey | 418 | $ 102,770,000 | $ 245,000 | $ 95,000 |
| Bergen County New Jersey | 305 | $ 80,008,000 | $ 262,000 | $ 91,000 |
| Essex County New Jersey | 253 | $ 55,085,000 | $ 217,000 | $ 72,000 |
| Broward County Florida | 252 | $ 43,239,000 | $ 171,000 | $ 106,000 |
| Union County New Jersey | 157 | $ 32,615,000 | $ 207,000 | $ 68,000 |
| Queens County New York | 128 | $ 38,600,000 | $ 301,000 | $ 80,000 |
| Middlesex County New Jersey | 118 | $ 22,921,000 | $ 194,000 | $ 81,000 |
| Miami-Dade County Florida | 101 | $ 19,412,000 | $ 192,000 | $ 92,000 |
| Suffolk County New York | 94 | $ 20,919,000 | $ 222,000 | $ 73,000 |
| Atlantic County New Jersey | 93 | $ 13,241,000 | $ 142,000 | $ 47,000 |
| Montgomery County Maryland | 81 | $ 17,377,000 | $ 214,000 | $ 68,000 |
| Kings County New York | 81 | $ 26,054,000 | $ 321,000 | $ 82,000 |
| Prince George's County Maryland | 66 | $ 10,948,000 | $ 165,000 | $ 70,000 |
| Nassau County New York | 50 | $ 12,207,000 | $ 244,000 | $ 71,000 |
| Somerset County New Jersey | 43 | $ 8,278,000 | $ 192,000 | $ 71,000 |
| Bronx County New York | 42 | $ 11,537,000 | $ 274,000 | $ 87,000 |
| Palm Beach County Florida | 40 | $ 7,811,000 | $ 195,000 | $ 67,000 |
| Morris County New Jersey | 40 | $ 9,550,000 | $ 238,000 | $ 74,000 |
| Orange County Florida | 32 | $ 4,301,000 | $ 134,000 | $ 65,000 |
| Prince William County Virginia | 32 | $ 6,387,000 | $ 199,000 | $ 77,000 |
| Fairfax County Virginia | 25 | $ 5,139,000 | $ 205,000 | $ 67,000 |
| Monmouth County New Jersey | 16 | $ 3,065,000 | $ 191,000 | $ 119,000 |
| Frederick County Maryland | 15 | $ 2,558,000 | $ 170,000 | $ 68,000 |
| Westchester County New York | 15 | $ 3,761,000 | $ 250,000 | $ 102,000 |
| Osceola County Florida | 13 | $ 1,976,000 | $ 152,000 | $ 278,000 |
| Camden County New Jersey | 13 | $ 1,341,000 | $ 103,000 | $ 45,000 |
| Manassas County Virginia | 13 | $ 2,027,000 | $ 155,000 | $ 64,000 |
| Orange County New York | 12 | $ 1,765,000 | $ 147,000 | $ 84,000 |
| Loudoun County Virginia | 12 | $ 2,747,000 | $ 228,000 | $ 54,000 |
| Lehigh County Pennsylvania | 11 | $ 1,143,000 | $ 103,000 | $ 52,000 |
| Baltimore County Maryland | 10 | $ 1,273,000 | $ 127,000 | $ 45,000 |
| Howard County Maryland | 10 | $ 1,860,000 | $ 186,000 | $ 63,000 |
| Cumberland County New Jersey | 9 | $ 943,000 | $ 104,000 | $ 55,000 |
| Sussex County New Jersey | 9 | $ 1,360,000 | $ 151,000 | $ 75,000 |
| Hillsborough County Florida | 8 | $ 1,078,000 | $ 134,000 | $ 61,000 |
| Pasco County Florida | 8 | $ 928,000 | $ 116,000 | $ 82,000 |
| Clark County Nevada | 8 | $ 1,002,000 | $ 125,000 | $ 66,000 |
| New York County New York | 8 | $ 3,074,000 | $ 384,000 | $ 155,000 |
| Lee County Florida | 7 | $ 1,059,000 | $ 151,000 | $ 61,000 |
| St. Lucie County Florida | 7 | $ 900,000 | $ 128,000 | $ 37,000 |
| Ocean County New Jersey | 7 | $ 1,579,000 | $ 225,000 | $ 66,000 |
| Anne Arundel County Maryland | 6 | $ 561,000 | $ 93,000 | $ 56,000 |
| Baltimore City County Maryland | 6 | $ 614,000 | $ 102,000 | $ 52,000 |
| Burlington County New Jersey | 6 | $ 1,238,000 | $ 206,000 | $ 65,000 |
| Warren County New Jersey | 6 | $ 1,345,000 | $ 224,000 | $ 74,000 |
| Richmond County New York | 6 | $ 1,671,000 | $ 278,000 | $ 75,000 |
| Collier County Florida | 5 | $ 1,697,000 | $ 339,000 | $ 129,000 |
| Marion County Florida | 5 | $ 1,147,000 | $ 229,000 | $ 78,000 |
| Monroe County Pennsylvania | 5 | $ 551,000 | $ 110,000 | $ 92,000 |
| Sarasota County Florida | 4 | $ 378,000 | $ 94,000 | $ 63,000 |
| Mercer County New Jersey | 4 | $ 623,000 | $ 155,000 | $ 30,000 |
| Rockland County New York | 4 | $ 907,000 | $ 226,000 | $ 94,000 |
| Stafford County Virginia | 4 | $ 638,000 | $ 159,000 | $ 85,000 |
| Brevard County Florida | 3 | $ 562,000 | $ 187,000 | $ 93,000 |
| Washington County Maryland | 3 | $ 407,000 | $ 135,000 | $ 45,000 |
| Cape May County New Jersey | 3 | $ 295,000 | $ 98,000 | $ 60,000 |
| Montgomery County New York | 3 | $ 231,000 | $ 77,000 | $ 93,000 |
| Montgomery County Pennsylvania | 3 | $ 328,000 | $ 109,000 | $ 52,000 |
| Chesterfield County Virginia | 3 | $ 308,000 | $ 102,000 | $ 49,000 |
| Flagler County Florida | 2 | $ 200,000 | $ 100,000 | $ 72,000 |
| Lake County Florida | 2 | $ 272,000 | $ 136,000 | $ 30,000 |
| Polk County Florida | 2 | $ 286,000 | $ 143,000 | $ 0 |
| Hunterdon County New Jersey | 2 | $ 364,000 | $ 182,000 | $ 120,000 |
| Genesee County New York | 2 | $ 247,000 | $ 123,000 | $ 0 |
| Delaware County Pennsylvania | 2 | $ 164,000 | $ 82,000 | $ 120,000 |
| Northampton County Pennsylvania | 2 | $ 68,000 | $ 34,000 | $ 0 |
| Philadelphia County Pennsylvania | 2 | $ 184,000 | $ 92,000 | $ 21,000 |
| Alexandria County Virginia | 2 | $ 270,000 | $ 135,000 | $ 59,000 |
| Manassas Park County Virginia | 2 | $ 330,000 | $ 165,000 | $ 80,000 |
| Columbia County Florida | 1 | $ 74,000 | $ 74,000 | $ 43,000 |
| Manatee County Florida | 1 | $ 499,000 | $ 499,000 | $ 1,268,000 |
| Martin County Florida | 1 | $ 162,000 | $ 162,000 | $ 72,000 |
| Volusia County Florida | 1 | $ 144,000 | $ 144,000 | $ 152,000 |
| Gloucester County New Jersey | 1 | $ 180,000 | $ 180,000 | $ 69,000 |
| Broome County New York | 1 | $ 54,000 | $ 54,000 | $ 42,000 |
| Erie County New York | 1 | $ 172,000 | $ 172,000 | $ 66,000 |
| Oneida County New York | 1 | $ 36,000 | $ 36,000 | $ 18,000 |
| Putnam County New York | 1 | $ 254,000 | $ 254,000 | $ 67,000 |
| Schenectady County New York | 1 | $ 61,000 | $ 61,000 | $ 121,000 |
| Sullivan County New York | 1 | $ 108,000 | $ 108,000 | $ 46,000 |
| Ulster County New York | 1 | $ 193,000 | $ 193,000 | $ 58,000 |
| Chester County Pennsylvania | 1 | $ 185,000 | $ 185,000 | $ 60,000 |
| Lackawanna County Pennsylvania | 1 | $ 40,000 | $ 40,000 | $ 21,000 |
| Westmoreland County Pennsylvania | 1 | $ 103,000 | $ 103,000 | $ 150,000 |
| Providence County Rhode Island | 1 | $ 305,000 | $ 305,000 | $ 73,000 |
| Caroline County Virginia | 1 | $ 165,000 | $ 165,000 | $ 44,000 |
| Culpeper County Virginia | 1 | $ 208,000 | $ 208,000 | $ 66,000 |
| Page County Virginia | 1 | $ 154,000 | $ 154,000 | $ 46,000 |
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 2005
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 | 2,414 | $513,887,000 | $193,555 | $1,000,000 | $74,000 | $1,410,000 |
| Refinancing | 1,000 | $229,055,000 | $194,142 | $720,000 | $77,714 | $1,268,000 |
| Home Improvement | 11 | $2,732,000 | $261,000 | $468,000 | $65,500 | $164,000 |
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 | 2,838 | $615,381,000 | $196,777 | $1,000,000 | $70,000 | $1,410,000 |
| White | 218 | $45,052,000 | $180,500 | $708,000 | $82,666 | $603,000 |
| Black or African American | 183 | $41,068,000 | $191,333 | $875,000 | $75,500 | $312,000 |
| Asian | 132 | $32,580,000 | $230,000 | $680,000 | $70,333 | $288,000 |
| Not Provided | 43 | $8,364,000 | $179,500 | $618,000 | $86,833 | $164,000 |
| Native Hawaiian or Other Pacific Islander | 9 | $2,219,000 | $239,500 | $414,000 | $57,000 | $147,000 |
| American Indian or Alaskan Native | 2 | $1,010,000 | $505,000 | $550,000 | $118,000 | $162,000 |
| 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) | 2,977 | $621,142,000 | $194,444 | $1,000,000 | $76,777 | $1,410,000 |
| FHA-insured (Federal Housing Administration) | 447 | $124,193,000 | $230,285 | $602,000 | $62,714 | $258,000 |
| VA-guaranteed (Veterans Administration) | 1 | $339,000 | $339,000 | $339,000 | $77,000 | $77,000 |
| 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 | 2,523 | $528,130,000 | $177,285 | $1,000,000 | $76,857 | $1,410,000 |
| Application Withdrawn By Applicant | 502 | $121,929,000 | $227,714 | $956,000 | $61,857 | $540,000 |
| Application Denied By Financial Institution | 204 | $43,063,000 | $162,857 | $875,000 | $72,571 | $517,000 |
| File Closed For Incompleteness | 147 | $40,607,000 | $259,833 | $684,000 | $89,166 | $312,000 |
| Application Approved But Not Accepted | 49 | $11,945,000 | $209,750 | $468,000 | $58,750 | $146,000 |
| 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 |
|---|---|---|---|---|---|---|
| Other | 51 | $10,686,000 | $188,000 | $708,000 | $88,833 | $517,000 |
| Collateral | 30 | $6,841,000 | $228,000 | $875,000 | $94,666 | $192,000 |
| Credit Application Incomplete | 28 | $6,376,000 | $159,800 | $600,000 | $46,600 | $300,000 |
| Credit History | 20 | $3,868,000 | $190,000 | $440,000 | $107,500 | $192,000 |
| Unverifiable Information | 9 | $1,322,000 | $141,333 | $339,000 | $53,666 | $84,000 |
| Debt-To-Income Ratio | 6 | $1,243,000 | $199,500 | $591,000 | $69,000 | $112,000 |
| Employment History | 6 | $1,292,000 | $199,500 | $450,000 | $86,500 | $131,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $403,000 | $201,000 | $342,000 | $55,000 | $111,000 |
| Mortgage Insurance Denied | 1 | $89,000 | $89,000 | $89,000 | $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.