Oceanfirst Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004
Oceanfirst Bank 2004 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Oceanfirst Bank 975 Hooper Avenue Toms River, NJ 08753 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 | 1,827 |
| Total Mortgage Loan Application Amount | $355,799,000 |
| Average Mortgage Loan Application Amount | $234,400 |
| Highest Mortgage Loan Application Amount | $2,000,000 |
| Average Applicant Income | $157,300 |
| Highest Applicant Income | $1,837,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 with Oceanfirst Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Oceanfirst Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2004 breaks down Oceanfirst Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Oceanfirst Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Oceanfirst Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Oceanfirst Bank's mortgage activity for 2004.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Ocean County New Jersey | 1,308 | $ 223,290,000 | $ 170,000 | $ 83,000 |
| Monmouth County New Jersey | 225 | $ 56,205,000 | $ 249,000 | $ 135,000 |
| Middlesex County New Jersey | 33 | $ 6,905,000 | $ 209,000 | $ 78,000 |
| Bergen County New Jersey | 22 | $ 7,484,000 | $ 340,000 | $ 115,000 |
| Morris County New Jersey | 22 | $ 7,671,000 | $ 348,000 | $ 167,000 |
| Mercer County New Jersey | 18 | $ 5,547,000 | $ 308,000 | $ 122,000 |
| Somerset County New Jersey | 17 | $ 5,915,000 | $ 347,000 | $ 148,000 |
| Burlington County New Jersey | 12 | $ 2,598,000 | $ 216,000 | $ 131,000 |
| Union County New Jersey | 12 | $ 2,418,000 | $ 201,000 | $ 97,000 |
| Atlantic County New Jersey | 11 | $ 2,373,000 | $ 215,000 | $ 109,000 |
| Palm Beach County Florida | 9 | $ 2,136,000 | $ 237,000 | $ 105,000 |
| Essex County New Jersey | 9 | $ 4,030,000 | $ 447,000 | $ 234,000 |
| Hunterdon County New Jersey | 9 | $ 2,289,000 | $ 254,000 | $ 218,000 |
| Westchester County New York | 7 | $ 2,611,000 | $ 373,000 | $ 181,000 |
| Hudson County New Jersey | 6 | $ 1,165,000 | $ 194,000 | $ 155,000 |
| Suffolk County New York | 6 | $ 988,000 | $ 164,000 | $ 238,000 |
| Collier County Florida | 5 | $ 1,042,000 | $ 208,000 | $ 158,000 |
| Camden County New Jersey | 5 | $ 532,000 | $ 106,000 | $ 82,000 |
| Cape May County New Jersey | 5 | $ 875,000 | $ 175,000 | $ 63,000 |
| Passaic County New Jersey | 5 | $ 1,206,000 | $ 241,000 | $ 80,000 |
| Orange County New York | 5 | $ 541,000 | $ 108,000 | $ 134,000 |
| Charles County Maryland | 4 | $ 797,000 | $ 199,000 | $ 123,000 |
| Nassau County New York | 4 | $ 1,244,000 | $ 311,000 | $ 142,000 |
| Broward County Florida | 3 | $ 614,000 | $ 204,000 | $ 92,000 |
| Lee County Florida | 3 | $ 582,000 | $ 194,000 | $ 107,000 |
| New York County New York | 3 | $ 1,613,000 | $ 537,000 | $ 357,000 |
| Richmond County New York | 3 | $ 1,124,000 | $ 374,000 | $ 194,000 |
| Rockland County New York | 3 | $ 476,000 | $ 158,000 | $ 141,000 |
| Fairfax County Virginia | 3 | $ 1,138,000 | $ 379,000 | $ 115,000 |
| Sarasota County Florida | 2 | $ 268,000 | $ 134,000 | $ 65,000 |
| Montgomery County Maryland | 2 | $ 789,000 | $ 394,000 | $ 97,000 |
| Sussex County New Jersey | 2 | $ 589,000 | $ 294,000 | $ 83,000 |
| Lycoming County Pennsylvania | 2 | $ 180,000 | $ 90,000 | $ 691,000 |
| Montgomery County Pennsylvania | 2 | $ 360,000 | $ 180,000 | $ 88,000 |
| Philadelphia County Pennsylvania | 2 | $ 390,000 | $ 195,000 | $ 93,000 |
| Maricopa County Arizona | 1 | $ 114,000 | $ 114,000 | $ 80,000 |
| District of Columbia County District Of Columbia | 1 | $ 309,000 | $ 309,000 | $ 64,000 |
| Charlotte County Florida | 1 | $ 145,000 | $ 145,000 | $ 155,000 |
| Clay County Florida | 1 | $ 114,000 | $ 114,000 | $ 75,000 |
| Manatee County Florida | 1 | $ 162,000 | $ 162,000 | $ 96,000 |
| Okaloosa County Florida | 1 | $ 150,000 | $ 150,000 | $ 229,000 |
| Osceola County Florida | 1 | $ 150,000 | $ 150,000 | $ 155,000 |
| Pinellas County Florida | 1 | $ 112,000 | $ 112,000 | $ 63,000 |
| St. Lucie County Florida | 1 | $ 116,000 | $ 116,000 | $ 49,000 |
| Cook County Illinois | 1 | $ 650,000 | $ 650,000 | $ 613,000 |
| Wicomico County Maryland | 1 | $ 171,000 | $ 171,000 | $ 78,000 |
| Gloucester County New Jersey | 1 | $ 116,000 | $ 116,000 | $ 87,000 |
| Salem County New Jersey | 1 | $ 148,000 | $ 148,000 | $ 51,000 |
| Warren County New Jersey | 1 | $ 70,000 | $ 70,000 | $ 83,000 |
| Cattaraugus County New York | 1 | $ 184,000 | $ 184,000 | $ 86,000 |
| Dutchess County New York | 1 | $ 164,000 | $ 164,000 | $ 51,000 |
| Greene County New York | 1 | $ 240,000 | $ 240,000 | $ 141,000 |
| Herkimer County New York | 1 | $ 434,000 | $ 434,000 | $ 456,000 |
| Kings County New York | 1 | $ 200,000 | $ 200,000 | $ 63,000 |
| Saratoga County New York | 1 | $ 150,000 | $ 150,000 | $ 280,000 |
| Dare County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 148,000 |
| Mecklenburg County North Carolina | 1 | $ 80,000 | $ 80,000 | $ 32,000 |
| Pamlico County North Carolina | 1 | $ 293,000 | $ 293,000 | $ 199,000 |
| Bucks County Pennsylvania | 1 | $ 245,000 | $ 245,000 | $ 119,000 |
| Carbon County Pennsylvania | 1 | $ 112,000 | $ 112,000 | $ 41,000 |
| Chester County Pennsylvania | 1 | $ 344,000 | $ 344,000 | $ 87,000 |
| Lehigh County Pennsylvania | 1 | $ 50,000 | $ 50,000 | $ 46,000 |
| Monroe County Pennsylvania | 1 | $ 180,000 | $ 180,000 | $ 193,000 |
| Northampton County Pennsylvania | 1 | $ 70,000 | $ 70,000 | $ 67,000 |
| Somerset County Pennsylvania | 1 | $ 364,000 | $ 364,000 | $ 135,000 |
| Beaufort County South Carolina | 1 | $ 351,000 | $ 351,000 | $ 117,000 |
| Greenville County South Carolina | 1 | $ 100,000 | $ 100,000 | $ 35,000 |
| Polk County Texas | 1 | $ 134,000 | $ 134,000 | $ 152,000 |
| Windham County Vermont | 1 | $ 420,000 | $ 420,000 | $ 203,000 |
| Windsor County Vermont | 1 | $ 220,000 | $ 220,000 | $ 252,000 |
| Alexandria County Virginia | 1 | $ 360,000 | $ 360,000 | $ 88,000 |
| Augusta County Virginia | 1 | $ 188,000 | $ 188,000 | $ 99,000 |
| Norfolk County Virginia | 1 | $ 149,000 | $ 149,000 | $ 76,000 |
Mortgage Loan Application Detail Totals for Oceanfirst Bank 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 | 782 | $187,955,000 | $257,538 | $2,000,000 | $157,538 | $1,837,000 |
| Refinancing | 748 | $152,353,000 | $238,400 | $1,500,000 | $172,800 | $1,055,000 |
| Home Improvement | 297 | $15,491,000 | $74,000 | $545,000 | $117,000 | $705,000 |
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 |
|---|---|---|---|---|---|---|
| White | 1,703 | $334,084,000 | $249,153 | $2,000,000 | $170,000 | $1,837,000 |
| Hispanic | 54 | $10,360,000 | $263,666 | $541,000 | $97,333 | $432,000 |
| Not Provided | 35 | $3,600,000 | $68,500 | $1,200,000 | $99,500 | $510,000 |
| Asian | 16 | $4,585,000 | $312,250 | $500,000 | $103,750 | $244,000 |
| Black or African American | 13 | $2,359,000 | $213,666 | $543,000 | $109,333 | $325,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $517,000 | $129,000 | $223,000 | $64,000 | $98,000 |
| American Indian or Alaskan Native | 2 | $294,000 | $147,000 | $158,000 | $54,000 | $55,000 |
| 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) | 1,803 | $351,630,000 | $257,615 | $2,000,000 | $165,615 | $1,837,000 |
| FHA-insured (Federal Housing Administration) | 22 | $3,888,000 | $176,000 | $295,000 | $67,000 | $160,000 |
| VA-guaranteed (Veterans Administration) | 2 | $281,000 | $140,500 | $167,000 | $58,500 | $75,000 |
| 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 | 1,551 | $303,850,000 | $258,461 | $2,000,000 | $164,307 | $1,837,000 |
| Application Approved But Not Accepted | 136 | $27,262,000 | $201,000 | $800,000 | $128,666 | $971,000 |
| Application Denied By Financial Institution | 86 | $12,282,000 | $196,750 | $581,000 | $91,500 | $514,000 |
| Application Withdrawn By Applicant | 49 | $11,460,000 | $201,200 | $925,000 | $199,200 | $652,000 |
| File Closed For Incompleteness | 5 | $945,000 | $189,000 | $287,000 | $121,000 | $204,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 29 | $2,334,000 | $207,500 | $344,000 | $77,500 | $270,000 |
| Debt-To-Income Ratio | 28 | $4,494,000 | $179,500 | $425,000 | $66,000 | $165,000 |
| Collateral | 15 | $2,422,000 | $136,500 | $581,000 | $151,500 | $514,000 |
| Credit Application Incomplete | 9 | $2,317,000 | $257,000 | $425,000 | $130,000 | $295,000 |
| Other | 5 | $715,000 | $143,000 | $312,000 | $74,000 | $114,000 |
| 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 Oceanfirst Bank's 2004 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 Oceanfirst Bank'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.