Lakeland Bank
Mortgage Loan Application
Totals and Details
for 2018
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 Lakeland Bank.
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 | Lakeland Bank 250 Oak Ridge Rd Oak Ridge, NJ 07438 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 | 2,325 |
| Total Mortgage Loan Application Amount | $763,585,000 |
| Average Mortgage Loan Application Amount | $347,166 |
| Highest Mortgage Loan Application Amount | $28,005,000 |
| Average Applicant Income | $133,500 |
| Highest Applicant Income | $3,181,000 |
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 |
|---|---|---|---|---|
| Sussex County New Jersey | 481 | $ 52,575,000 | $ 109,000 | $ 120,000 |
| Morris County New Jersey | 413 | $ 80,125,000 | $ 194,000 | $ 178,000 |
| Bergen County New Jersey | 410 | $ 142,560,000 | $ 347,000 | $ 174,000 |
| Passaic County New Jersey | 321 | $ 53,265,000 | $ 165,000 | $ 128,000 |
| Ocean County New Jersey | 185 | $ 73,155,000 | $ 395,000 | $ 156,000 |
| Essex County New Jersey | 112 | $ 60,760,000 | $ 542,000 | $ 202,000 |
| Monmouth County New Jersey | 52 | $ 21,790,000 | $ 419,000 | $ 395,000 |
| Hudson County New Jersey | 45 | $ 57,335,000 | $ 1,274,000 | $ 209,000 |
| Somerset County New Jersey | 39 | $ 9,665,000 | $ 247,000 | $ 320,000 |
| Union County New Jersey | 37 | $ 54,475,000 | $ 1,472,000 | $ 231,000 |
| Orange County New York | 31 | $ 5,215,000 | $ 168,000 | $ 128,000 |
| Warren County New Jersey | 30 | $ 2,900,000 | $ 96,000 | $ 110,000 |
| Rockland County New York | 21 | $ 40,855,000 | $ 1,945,000 | $ 178,000 |
| Pike County Pennsylvania | 18 | $ 2,460,000 | $ 136,000 | $ 127,000 |
| Middlesex County New Jersey | 17 | $ 8,895,000 | $ 523,000 | $ 121,000 |
| Westchester County New York | 10 | $ 4,370,000 | $ 437,000 | $ 273,000 |
| Burlington County New Jersey | 7 | $ 27,135,000 | $ 3,876,000 | $ 686,000 |
| Hunterdon County New Jersey | 7 | $ 2,495,000 | $ 356,000 | $ 138,000 |
| Mercer County New Jersey | 6 | $ 2,240,000 | $ 373,000 | $ 170,000 |
| Bucks County Pennsylvania | 5 | $ 695,000 | $ 139,000 | $ 126,000 |
| Kings County New York | 4 | $ 7,590,000 | $ 1,897,000 | $ 209,000 |
| Palm Beach County Florida | 3 | $ 825,000 | $ 275,000 | $ 295,000 |
| Cape May County New Jersey | 3 | $ 825,000 | $ 275,000 | $ 256,000 |
| Suffolk County New York | 3 | $ 3,515,000 | $ 1,171,000 | $ 265,000 |
| Collier County Florida | 2 | $ 680,000 | $ 340,000 | $ 243,000 |
| Lee County Florida | 2 | $ 330,000 | $ 165,000 | $ 360,000 |
| Atlantic County New Jersey | 2 | $ 3,330,000 | $ 1,665,000 | $ 30,000 |
| Bronx County New York | 2 | $ 3,480,000 | $ 1,740,000 | $ 0 |
| Dutchess County New York | 2 | $ 4,840,000 | $ 2,420,000 | $ 33,000 |
| New York County New York | 2 | $ 8,010,000 | $ 4,005,000 | $ 0 |
| Queens County New York | 2 | $ 6,560,000 | $ 3,280,000 | $ 289,000 |
| Northampton County Pennsylvania | 2 | $ 490,000 | $ 245,000 | $ 180,000 |
| Wayne County Pennsylvania | 2 | $ 120,000 | $ 60,000 | $ 70,000 |
| Monroe County Florida | 1 | $ 625,000 | $ 625,000 | $ 471,000 |
| Orange County Florida | 1 | $ 185,000 | $ 185,000 | $ 82,000 |
| Volusia County Florida | 1 | $ 285,000 | $ 285,000 | $ 97,000 |
| Berkshire County Massachusetts | 1 | $ 705,000 | $ 705,000 | $ 0 |
| Cumberland County New Jersey | 1 | $ 5,205,000 | $ 5,205,000 | $ 0 |
| Salem County New Jersey | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Albany County New York | 1 | $ 1,805,000 | $ 1,805,000 | $ 0 |
| Delaware County New York | 1 | $ 355,000 | $ 355,000 | $ 167,000 |
| Otsego County New York | 1 | $ 235,000 | $ 235,000 | $ 190,000 |
| Sullivan County New York | 1 | $ 655,000 | $ 655,000 | $ 0 |
| Carbon County Pennsylvania | 1 | $ 155,000 | $ 155,000 | $ 186,000 |
| Lehigh County Pennsylvania | 1 | $ 15,000 | $ 15,000 | $ 54,000 |
| Monroe County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 46,000 |
| Philadelphia County Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 149,000 |
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 Lakeland Bank 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 |
|---|---|---|---|---|---|---|
| Refinancing | 862 | $288,400,000 | $334,000 | $26,505,000 | $168,000 | $3,181,000 |
| Home Improvement | 583 | $115,055,000 | $197,000 | $8,205,000 | $157,000 | $2,736,000 |
| Home Purchase | 490 | $300,100,000 | $612,000 | $28,005,000 | $165,000 | $3,016,000 |
| Other Purpose | 309 | $30,945,000 | $100,000 | $1,005,000 | $159,000 | $1,838,000 |
| Cash-out Refinancing | 60 | $17,590,000 | $293,000 | $1,005,000 | $152,000 | $866,000 |
| Not Applicable | 21 | $11,495,000 | $547,000 | $1,025,000 | $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 | 1,807 | $314,515,000 | $174,000 | $2,725,000 | $161,000 | $3,016,000 |
| Not applicable | 211 | $390,445,000 | $1,850,000 | $28,005,000 | $0 | $0 |
| Not Provided | 168 | $29,860,000 | $177,000 | $1,055,000 | $191,000 | $3,181,000 |
| Hispanic | 73 | $13,845,000 | $189,000 | $3,205,000 | $120,000 | $960,000 |
| Asian | 34 | $7,220,000 | $212,000 | $635,000 | $150,000 | $373,000 |
| Black or African American | 18 | $3,350,000 | $186,000 | $555,000 | $221,000 | $1,272,000 |
| American Indian or Alaskan Native | 2 | $350,000 | $175,000 | $245,000 | $60,000 | $70,000 |
| 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) | 2,289 | $754,595,000 | $329,000 | $28,005,000 | $164,000 | $3,181,000 |
| FHA-insured (Federal Housing Administration) | 36 | $8,990,000 | $249,000 | $445,000 | $85,000 | $151,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 1,443 | $502,055,000 | $347,000 | $28,005,000 | $183,000 | $3,181,000 |
| Application Denied By Financial Institution | 633 | $137,555,000 | $217,000 | $13,465,000 | $127,000 | $1,988,000 |
| Application Withdrawn By Applicant | 108 | $69,870,000 | $646,000 | $13,505,000 | $154,000 | $698,000 |
| Application Approved But Not Accepted | 56 | $23,210,000 | $414,000 | $4,505,000 | $148,000 | $996,000 |
| Loan Purchased By The Institution | 28 | $12,540,000 | $447,000 | $1,025,000 | $56,000 | $68,000 |
| Preapproval Approved but not Accepted | 25 | $7,615,000 | $304,000 | $1,505,000 | $106,000 | $312,000 |
| File Closed For Incompleteness | 24 | $9,040,000 | $376,000 | $5,505,000 | $127,000 | $254,000 |
| Preapproval Denied by Financial Institution | 8 | $1,700,000 | $212,000 | $295,000 | $58,000 | $107,000 |
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 | 1,684 | $624,330,000 | $370,000 | $28,005,000 | $178,000 | $3,181,000 |
| Debt-To-Income Ratio | 301 | $51,255,000 | $170,000 | $1,205,000 | $94,000 | $921,000 |
| Collateral | 198 | $46,720,000 | $235,000 | $13,465,000 | $185,000 | $1,988,000 |
| Credit History | 98 | $17,400,000 | $177,000 | $7,205,000 | $95,000 | $783,000 |
| Other | 36 | $19,690,000 | $546,000 | $3,265,000 | $175,000 | $600,000 |
| Credit Application Incomplete | 5 | $3,835,000 | $767,000 | $2,505,000 | $85,000 | $85,000 |
| Unverifiable Information | 2 | $150,000 | $75,000 | $105,000 | $241,000 | $241,000 |
| Employment History | 1 | $205,000 | $205,000 | $205,000 | $240,000 | $240,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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.