Oceanfirst Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2006
Oceanfirst Bank 2006 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 | 1,800 |
| Total Mortgage Loan Application Amount | $358,837,000 |
| Average Mortgage Loan Application Amount | $193,333 |
| Highest Mortgage Loan Application Amount | $2,300,000 |
| Average Applicant Income | $121,000 |
| Highest Applicant Income | $1,272,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2006 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 2006 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 2006.
| 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 | 1,109 | $ 170,837,000 | $ 154,000 | $ 100,000 |
| Monmouth County New Jersey | 197 | $ 62,143,000 | $ 315,000 | $ 170,000 |
| Bergen County New Jersey | 41 | $ 12,538,000 | $ 305,000 | $ 192,000 |
| Middlesex County New Jersey | 41 | $ 8,909,000 | $ 217,000 | $ 126,000 |
| Essex County New Jersey | 31 | $ 10,179,000 | $ 328,000 | $ 170,000 |
| Morris County New Jersey | 26 | $ 11,971,000 | $ 460,000 | $ 219,000 |
| Somerset County New Jersey | 25 | $ 7,192,000 | $ 287,000 | $ 132,000 |
| Union County New Jersey | 23 | $ 6,946,000 | $ 302,000 | $ 127,000 |
| Hudson County New Jersey | 21 | $ 6,470,000 | $ 308,000 | $ 152,000 |
| Westchester County New York | 20 | $ 5,706,000 | $ 285,000 | $ 188,000 |
| Passaic County New Jersey | 18 | $ 5,113,000 | $ 284,000 | $ 103,000 |
| Orange County New York | 16 | $ 3,348,000 | $ 209,000 | $ 116,000 |
| Burlington County New Jersey | 13 | $ 3,076,000 | $ 236,000 | $ 104,000 |
| Nassau County New York | 13 | $ 2,212,000 | $ 170,000 | $ 130,000 |
| Hunterdon County New Jersey | 12 | $ 2,531,000 | $ 210,000 | $ 105,000 |
| Suffolk County New York | 12 | $ 1,233,000 | $ 102,000 | $ 115,000 |
| Mercer County New Jersey | 11 | $ 2,376,000 | $ 216,000 | $ 137,000 |
| Palm Beach County Florida | 8 | $ 2,370,000 | $ 296,000 | $ 270,000 |
| Broward County Florida | 6 | $ 894,000 | $ 149,000 | $ 130,000 |
| Lee County Florida | 6 | $ 1,014,000 | $ 169,000 | $ 88,000 |
| Atlantic County New Jersey | 6 | $ 817,000 | $ 136,000 | $ 155,000 |
| Camden County New Jersey | 6 | $ 1,036,000 | $ 172,000 | $ 87,000 |
| Gloucester County New Jersey | 6 | $ 1,157,000 | $ 192,000 | $ 90,000 |
| Hillsborough County Florida | 5 | $ 560,000 | $ 112,000 | $ 99,000 |
| Rockland County New York | 5 | $ 1,200,000 | $ 240,000 | $ 147,000 |
| Contra Costa County California | 4 | $ 2,161,000 | $ 540,000 | $ 157,000 |
| St. Johns County Florida | 4 | $ 398,000 | $ 99,000 | $ 112,000 |
| Cape May County New Jersey | 4 | $ 1,165,000 | $ 291,000 | $ 400,000 |
| Sussex County New Jersey | 4 | $ 460,000 | $ 115,000 | $ 56,000 |
| Kings County New York | 4 | $ 1,182,000 | $ 295,000 | $ 135,000 |
| Bucks County Pennsylvania | 4 | $ 1,869,000 | $ 467,000 | $ 128,000 |
| Warren County New Jersey | 3 | $ 868,000 | $ 289,000 | $ 192,000 |
| Richmond County New York | 3 | $ 353,000 | $ 117,000 | $ 317,000 |
| Delaware County Pennsylvania | 3 | $ 702,000 | $ 234,000 | $ 189,000 |
| Montgomery County Pennsylvania | 3 | $ 453,000 | $ 151,000 | $ 121,000 |
| Philadelphia County Pennsylvania | 3 | $ 54,000 | $ 18,000 | $ 38,000 |
| Fairfield County Connecticut | 2 | $ 782,000 | $ 391,000 | $ 352,000 |
| Collier County Florida | 2 | $ 75,000 | $ 37,000 | $ 91,000 |
| Marion County Florida | 2 | $ 56,000 | $ 28,000 | $ 95,000 |
| Miami-Dade County Florida | 2 | $ 748,000 | $ 374,000 | $ 394,000 |
| Orange County Florida | 2 | $ 248,000 | $ 124,000 | $ 84,000 |
| Pinellas County Florida | 2 | $ 110,000 | $ 55,000 | $ 64,000 |
| Polk County Florida | 2 | $ 290,000 | $ 145,000 | $ 124,000 |
| Sarasota County Florida | 2 | $ 735,000 | $ 367,000 | $ 146,000 |
| Greene County New York | 2 | $ 552,000 | $ 276,000 | $ 222,000 |
| Chester County Pennsylvania | 2 | $ 148,000 | $ 74,000 | $ 153,000 |
| Monroe County Pennsylvania | 2 | $ 205,000 | $ 102,000 | $ 49,000 |
| Horry County South Carolina | 2 | $ 319,000 | $ 159,000 | $ 88,000 |
| Loudoun County Virginia | 2 | $ 1,178,000 | $ 589,000 | $ 182,000 |
| Maricopa County Arizona | 1 | $ 200,000 | $ 200,000 | $ 50,000 |
| San Diego County California | 1 | $ 253,000 | $ 253,000 | $ 83,000 |
| Boulder County Colorado | 1 | $ 375,000 | $ 375,000 | $ 89,000 |
| Routt County Colorado | 1 | $ 600,000 | $ 600,000 | $ 358,000 |
| New Haven County Connecticut | 1 | $ 208,000 | $ 208,000 | $ 102,000 |
| Kent County Delaware | 1 | $ 40,000 | $ 40,000 | $ 156,000 |
| Brevard County Florida | 1 | $ 63,000 | $ 63,000 | $ 70,000 |
| Flagler County Florida | 1 | $ 35,000 | $ 35,000 | $ 89,000 |
| Indian River County Florida | 1 | $ 190,000 | $ 190,000 | $ 87,000 |
| Lake County Florida | 1 | $ 82,000 | $ 82,000 | $ 69,000 |
| Manatee County Florida | 1 | $ 45,000 | $ 45,000 | $ 474,000 |
| Martin County Florida | 1 | $ 80,000 | $ 80,000 | $ 59,000 |
| Pasco County Florida | 1 | $ 47,000 | $ 47,000 | $ 57,000 |
| Santa Rosa County Florida | 1 | $ 113,000 | $ 113,000 | $ 86,000 |
| Cumberland County Maine | 1 | $ 110,000 | $ 110,000 | $ 24,000 |
| Frederick County Maryland | 1 | $ 498,000 | $ 498,000 | $ 91,000 |
| Harford County Maryland | 1 | $ 65,000 | $ 65,000 | $ 66,000 |
| Montgomery County Maryland | 1 | $ 825,000 | $ 825,000 | $ 315,000 |
| Essex County Massachusetts | 1 | $ 75,000 | $ 75,000 | $ 80,000 |
| Norfolk County Massachusetts | 1 | $ 550,000 | $ 550,000 | $ 119,000 |
| Suffolk County Massachusetts | 1 | $ 425,000 | $ 425,000 | $ 100,000 |
| Ingham County Michigan | 1 | $ 103,000 | $ 103,000 | $ 339,000 |
| Cumberland County New Jersey | 1 | $ 169,000 | $ 169,000 | $ 273,000 |
| Salem County New Jersey | 1 | $ 242,000 | $ 242,000 | $ 114,000 |
| Bronx County New York | 1 | $ 240,000 | $ 240,000 | $ 125,000 |
| Broome County New York | 1 | $ 15,000 | $ 15,000 | $ 30,000 |
| Chenango County New York | 1 | $ 70,000 | $ 70,000 | $ 33,000 |
| Delaware County New York | 1 | $ 415,000 | $ 415,000 | $ 420,000 |
| Dutchess County New York | 1 | $ 100,000 | $ 100,000 | $ 64,000 |
| Fulton County New York | 1 | $ 5,000 | $ 5,000 | $ 61,000 |
| Monroe County New York | 1 | $ 76,000 | $ 76,000 | $ 31,000 |
| New York County New York | 1 | $ 750,000 | $ 750,000 | $ 1,008,000 |
| Niagara County New York | 1 | $ 27,000 | $ 27,000 | $ 125,000 |
| Putnam County New York | 1 | $ 110,000 | $ 110,000 | $ 110,000 |
| Queens County New York | 1 | $ 320,000 | $ 320,000 | $ 68,000 |
| Rensselaer County New York | 1 | $ 100,000 | $ 100,000 | $ 52,000 |
| St. Lawrence County New York | 1 | $ 51,000 | $ 51,000 | $ 125,000 |
| Ulster County New York | 1 | $ 50,000 | $ 50,000 | $ 128,000 |
| Beaufort County North Carolina | 1 | $ 120,000 | $ 120,000 | $ 144,000 |
| Chatham County North Carolina | 1 | $ 188,000 | $ 188,000 | $ 79,000 |
| Mecklenburg County North Carolina | 1 | $ 69,000 | $ 69,000 | $ 118,000 |
| Watauga County North Carolina | 1 | $ 200,000 | $ 200,000 | $ 150,000 |
| Carbon County Pennsylvania | 1 | $ 140,000 | $ 140,000 | $ 84,000 |
| Centre County Pennsylvania | 1 | $ 300,000 | $ 300,000 | $ 118,000 |
| Lackawanna County Pennsylvania | 1 | $ 50,000 | $ 50,000 | $ 25,000 |
| Northampton County Pennsylvania | 1 | $ 196,000 | $ 196,000 | $ 88,000 |
| Pike County Pennsylvania | 1 | $ 30,000 | $ 30,000 | $ 130,000 |
| Schuylkill County Pennsylvania | 1 | $ 190,000 | $ 190,000 | $ 205,000 |
| Susquehanna County Pennsylvania | 1 | $ 103,000 | $ 103,000 | $ 97,000 |
| Washington County Pennsylvania | 1 | $ 25,000 | $ 25,000 | $ 85,000 |
| Wayne County Pennsylvania | 1 | $ 317,000 | $ 317,000 | $ 214,000 |
| Wyoming County Pennsylvania | 1 | $ 300,000 | $ 300,000 | $ 144,000 |
| Berkeley County South Carolina | 1 | $ 152,000 | $ 152,000 | $ 84,000 |
| Hampton County Virginia | 1 | $ 173,000 | $ 173,000 | $ 95,000 |
| Portsmouth County Virginia | 1 | $ 30,000 | $ 30,000 | $ 55,000 |
| Prince William County Virginia | 1 | $ 750,000 | $ 750,000 | $ 184,000 |
| Spotsylvania County Virginia | 1 | $ 623,000 | $ 623,000 | $ 250,000 |
| Williamsburg County Virginia | 1 | $ 220,000 | $ 220,000 | $ 161,000 |
Mortgage Loan Application Detail Totals for Oceanfirst Bank in 2006
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 | 745 | $158,168,000 | $212,000 | $2,300,000 | $115,000 | $1,272,000 |
| Home Purchase | 553 | $169,339,000 | $306,000 | $2,080,000 | $147,000 | $1,180,000 |
| Home Improvement | 502 | $31,330,000 | $62,000 | $417,000 | $101,000 | $1,058,000 |
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 | 1,632 | $321,659,000 | $197,000 | $2,300,000 | $120,000 | $1,272,000 |
| Not Provided | 52 | $5,851,000 | $112,000 | $440,000 | $123,000 | $500,000 |
| Asian | 51 | $18,973,000 | $372,000 | $725,000 | $168,000 | $485,000 |
| Hispanic | 44 | $8,171,000 | $185,000 | $825,000 | $107,000 | $315,000 |
| Black or African American | 18 | $3,663,000 | $203,000 | $460,000 | $107,000 | $273,000 |
| American Indian or Alaskan Native | 2 | $454,000 | $227,000 | $329,000 | $187,000 | $300,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $66,000 | $66,000 | $66,000 | $95,000 | $95,000 |
| 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) | 1,774 | $352,472,000 | $198,000 | $2,300,000 | $122,000 | $1,272,000 |
| FHA-insured (Federal Housing Administration) | 26 | $6,365,000 | $244,000 | $448,000 | $78,000 | $137,000 |
| 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 | 1,445 | $293,968,000 | $203,000 | $2,080,000 | $123,000 | $1,272,000 |
| Application Withdrawn By Applicant | 158 | $30,896,000 | $195,000 | $1,400,000 | $135,000 | $1,058,000 |
| Application Denied By Financial Institution | 133 | $16,412,000 | $123,000 | $681,000 | $83,000 | $432,000 |
| Application Approved But Not Accepted | 62 | $17,207,000 | $277,000 | $2,300,000 | $129,000 | $911,000 |
| File Closed For Incompleteness | 2 | $354,000 | $177,000 | $253,000 | $104,000 | $157,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 73 | $9,868,000 | $135,000 | $681,000 | $78,000 | $432,000 |
| Credit History | 36 | $2,443,000 | $67,000 | $454,000 | $69,000 | $165,000 |
| Collateral | 16 | $1,741,000 | $108,000 | $400,000 | $103,000 | $225,000 |
| Other | 5 | $1,813,000 | $362,000 | $624,000 | $199,000 | $388,000 |
| Unverifiable Information | 1 | $95,000 | $95,000 | $95,000 | $90,000 | $90,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $352,000 | $352,000 | $352,000 | $95,000 | $95,000 |
| Credit Application Incomplete | 1 | $100,000 | $100,000 | $100,000 | $72,000 | $72,000 |
| Employment History | 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 2006 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.