Residential Home Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2017
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 Residential Home Mortgage Corporation.
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 | Residential Home Mortgage Corporation 53 Frontage Road, Suite 200 Hampton, NJ 08827 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 |
| Total Number of Mortgage Applications | 857 |
| Total Mortgage Loan Application Amount | $283,073,000 |
| Average Mortgage Loan Application Amount | $317,333 |
| Highest Mortgage Loan Application Amount | $1,800,000 |
| Average Applicant Income | $107,000 |
| Highest Applicant Income | $900,000 |
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 |
|---|---|---|---|---|
| Bergen County New Jersey | 81 | $ 30,241,000 | $ 373,000 | $ 132,000 |
| Hunterdon County New Jersey | 61 | $ 19,971,000 | $ 327,000 | $ 129,000 |
| Morris County New Jersey | 61 | $ 24,128,000 | $ 395,000 | $ 148,000 |
| Monmouth County New Jersey | 59 | $ 20,796,000 | $ 352,000 | $ 148,000 |
| Union County New Jersey | 42 | $ 15,784,000 | $ 375,000 | $ 158,000 |
| Somerset County New Jersey | 39 | $ 15,451,000 | $ 396,000 | $ 182,000 |
| Middlesex County New Jersey | 37 | $ 12,787,000 | $ 345,000 | $ 120,000 |
| Essex County New Jersey | 35 | $ 15,296,000 | $ 437,000 | $ 145,000 |
| Ocean County New Jersey | 34 | $ 9,892,000 | $ 290,000 | $ 124,000 |
| Northampton County Pennsylvania | 31 | $ 7,879,000 | $ 254,000 | $ 81,000 |
| Nassau County New York | 24 | $ 11,347,000 | $ 472,000 | $ 103,000 |
| Warren County New Jersey | 23 | $ 4,825,000 | $ 209,000 | $ 70,000 |
| Suffolk County New York | 21 | $ 6,805,000 | $ 324,000 | $ 76,000 |
| Bucks County Pennsylvania | 21 | $ 6,981,000 | $ 332,000 | $ 101,000 |
| Passaic County New Jersey | 18 | $ 6,371,000 | $ 353,000 | $ 112,000 |
| Mercer County New Jersey | 17 | $ 6,017,000 | $ 353,000 | $ 115,000 |
| Chester County Pennsylvania | 17 | $ 5,729,000 | $ 337,000 | $ 126,000 |
| Montgomery County Pennsylvania | 17 | $ 5,437,000 | $ 319,000 | $ 88,000 |
| Sussex County New Jersey | 15 | $ 3,610,000 | $ 240,000 | $ 91,000 |
| Burlington County New Jersey | 14 | $ 4,033,000 | $ 288,000 | $ 125,000 |
| Hudson County New Jersey | 12 | $ 3,284,000 | $ 273,000 | $ 83,000 |
| Fairfield County Connecticut | 11 | $ 4,024,000 | $ 365,000 | $ 140,000 |
| Hartford County Connecticut | 11 | $ 2,713,000 | $ 246,000 | $ 117,000 |
| Philadelphia County Pennsylvania | 11 | $ 2,714,000 | $ 246,000 | $ 75,000 |
| Atlantic County New Jersey | 9 | $ 2,048,000 | $ 227,000 | $ 68,000 |
| Kings County New York | 8 | $ 3,310,000 | $ 413,000 | $ 64,000 |
| Westchester County New York | 8 | $ 2,791,000 | $ 348,000 | $ 79,000 |
| Delaware County Pennsylvania | 7 | $ 1,749,000 | $ 249,000 | $ 106,000 |
| Camden County New Jersey | 6 | $ 1,603,000 | $ 267,000 | $ 87,000 |
| Gloucester County New Jersey | 6 | $ 1,231,000 | $ 205,000 | $ 74,000 |
| Allegheny County Pennsylvania | 6 | $ 1,466,000 | $ 244,000 | $ 67,000 |
| Saratoga County New York | 5 | $ 1,190,000 | $ 238,000 | $ 71,000 |
| Berks County Pennsylvania | 5 | $ 820,000 | $ 164,000 | $ 66,000 |
| Lehigh County Pennsylvania | 5 | $ 1,284,000 | $ 256,000 | $ 139,000 |
| New Haven County Connecticut | 4 | $ 974,000 | $ 243,000 | $ 67,000 |
| Dutchess County New York | 4 | $ 1,073,000 | $ 268,000 | $ 79,000 |
| Erie County New York | 4 | $ 916,000 | $ 229,000 | $ 55,000 |
| Orange County New York | 4 | $ 1,141,000 | $ 285,000 | $ 77,000 |
| Queens County New York | 4 | $ 1,437,000 | $ 359,000 | $ 49,000 |
| Lackawanna County Pennsylvania | 4 | $ 895,000 | $ 223,000 | $ 83,000 |
| Monroe County New York | 3 | $ 780,000 | $ 260,000 | $ 36,000 |
| Putnam County New York | 3 | $ 929,000 | $ 309,000 | $ 0 |
| Butler County Pennsylvania | 3 | $ 800,000 | $ 266,000 | $ 95,000 |
| Monroe County Pennsylvania | 3 | $ 510,000 | $ 170,000 | $ 78,000 |
| Schuylkill County Pennsylvania | 3 | $ 526,000 | $ 175,000 | $ 36,000 |
| Windham County Connecticut | 2 | $ 161,000 | $ 80,000 | $ 116,000 |
| Cape May County New Jersey | 2 | $ 430,000 | $ 215,000 | $ 134,000 |
| Salem County New Jersey | 2 | $ 318,000 | $ 159,000 | $ 118,000 |
| Albany County New York | 2 | $ 551,000 | $ 275,000 | $ 0 |
| Richmond County New York | 2 | $ 785,000 | $ 392,000 | $ 72,000 |
| Ulster County New York | 2 | $ 495,000 | $ 247,000 | $ 0 |
| Centre County Pennsylvania | 2 | $ 474,000 | $ 237,000 | $ 91,000 |
| Clearfield County Pennsylvania | 2 | $ 288,000 | $ 144,000 | $ 123,000 |
| Luzerne County Pennsylvania | 2 | $ 461,000 | $ 230,000 | $ 51,000 |
| Westmoreland County Pennsylvania | 2 | $ 632,000 | $ 316,000 | $ 130,000 |
| Litchfield County Connecticut | 1 | $ 160,000 | $ 160,000 | $ 107,000 |
| Middlesex County Connecticut | 1 | $ 380,000 | $ 380,000 | $ 224,000 |
| Tolland County Connecticut | 1 | $ 356,000 | $ 356,000 | $ 204,000 |
| Cumberland County New Jersey | 1 | $ 261,000 | $ 261,000 | $ 115,000 |
| Bronx County New York | 1 | $ 322,000 | $ 322,000 | $ 0 |
| Chenango County New York | 1 | $ 183,000 | $ 183,000 | $ 92,000 |
| Greene County New York | 1 | $ 156,000 | $ 156,000 | $ 53,000 |
| Herkimer County New York | 1 | $ 105,000 | $ 105,000 | $ 130,000 |
| Onondaga County New York | 1 | $ 377,000 | $ 377,000 | $ 272,000 |
| Rensselaer County New York | 1 | $ 192,000 | $ 192,000 | $ 0 |
| Rockland County New York | 1 | $ 402,000 | $ 402,000 | $ 0 |
| Adams County Pennsylvania | 1 | $ 323,000 | $ 323,000 | $ 134,000 |
| Blair County Pennsylvania | 1 | $ 280,000 | $ 280,000 | $ 67,000 |
| Carbon County Pennsylvania | 1 | $ 270,000 | $ 270,000 | $ 159,000 |
| Dauphin County Pennsylvania | 1 | $ 110,000 | $ 110,000 | $ 70,000 |
| Erie County Pennsylvania | 1 | $ 239,000 | $ 239,000 | $ 0 |
| Franklin County Pennsylvania | 1 | $ 210,000 | $ 210,000 | $ 115,000 |
| Lawrence County Pennsylvania | 1 | $ 100,000 | $ 100,000 | $ 51,000 |
| Pike County Pennsylvania | 1 | $ 101,000 | $ 101,000 | $ 115,000 |
| Somerset County Pennsylvania | 1 | $ 184,000 | $ 184,000 | $ 106,000 |
| Wayne County Pennsylvania | 1 | $ 179,000 | $ 179,000 | $ 0 |
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 Residential Home Mortgage Corporation in 2017
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 | 439 | $145,649,000 | $331,000 | $1,800,000 | $112,000 | $900,000 |
| Home Purchase | 399 | $131,879,000 | $330,000 | $1,200,000 | $125,000 | $576,000 |
| Home Improvement | 19 | $5,545,000 | $291,000 | $500,000 | $84,000 | $212,000 |
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 | 534 | $175,150,000 | $327,000 | $1,800,000 | $125,000 | $900,000 |
| Not Provided | 189 | $59,843,000 | $316,000 | $1,500,000 | $90,000 | $480,000 |
| Asian | 81 | $32,080,000 | $396,000 | $1,200,000 | $147,000 | $355,000 |
| Hispanic | 37 | $10,516,000 | $284,000 | $560,000 | $74,000 | $250,000 |
| Black or African American | 15 | $5,260,000 | $350,000 | $1,155,000 | $151,000 | $484,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $224,000 | $224,000 | $224,000 | $62,000 | $62,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 694 | $236,417,000 | $340,000 | $1,800,000 | $126,000 | $900,000 |
| FHA-insured (Federal Housing Administration) | 148 | $42,913,000 | $289,000 | $829,000 | $82,000 | $330,000 |
| VA-guaranteed (Veterans Administration) | 12 | $3,199,000 | $266,000 | $430,000 | $86,000 | $169,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $544,000 | $181,000 | $224,000 | $72,000 | $77,000 |
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 | 546 | $181,231,000 | $331,000 | $950,000 | $146,000 | $900,000 |
| Application Withdrawn By Applicant | 197 | $62,663,000 | $318,000 | $1,500,000 | $50,000 | $392,000 |
| Application Denied By Financial Institution | 78 | $27,048,000 | $346,000 | $1,200,000 | $87,000 | $484,000 |
| Application Approved But Not Accepted | 23 | $6,823,000 | $296,000 | $540,000 | $135,000 | $408,000 |
| File Closed For Incompleteness | 13 | $5,308,000 | $408,000 | $1,800,000 | $76,000 | $220,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 28 | $10,627,000 | $379,000 | $1,200,000 | $81,000 | $460,000 |
| Credit Application Incomplete | 19 | $5,759,000 | $303,000 | $1,058,000 | $73,000 | $284,000 |
| Debt-To-Income Ratio | 14 | $5,052,000 | $360,000 | $600,000 | $98,000 | $175,000 |
| Credit History | 11 | $3,890,000 | $353,000 | $1,155,000 | $141,000 | $484,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $530,000 | $265,000 | $377,000 | $27,000 | $54,000 |
| Other | 2 | $505,000 | $252,000 | $309,000 | $24,000 | $49,000 |
| Unverifiable Information | 1 | $366,000 | $366,000 | $366,000 | $118,000 | $118,000 |
| Employment History | 1 | $319,000 | $319,000 | $319,000 | $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.