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 | 714 |
Total Mortgage Loan Application Amount | $237,730,000 |
Average Mortgage Loan Application Amount | $327,250 |
Highest Mortgage Loan Application Amount | $1,545,000 |
Average Applicant Income | $136,000 |
Highest Applicant Income | $1,413,000 |
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 | 70 | $ 30,420,000 | $ 434,000 | $ 175,000 |
Middlesex County New Jersey | 41 | $ 13,595,000 | $ 331,000 | $ 118,000 |
Monmouth County New Jersey | 38 | $ 14,340,000 | $ 377,000 | $ 143,000 |
Hunterdon County New Jersey | 36 | $ 11,170,000 | $ 310,000 | $ 126,000 |
Morris County New Jersey | 34 | $ 12,970,000 | $ 381,000 | $ 169,000 |
Union County New Jersey | 32 | $ 12,490,000 | $ 390,000 | $ 180,000 |
Northampton County Pennsylvania | 28 | $ 7,140,000 | $ 255,000 | $ 102,000 |
Somerset County New Jersey | 26 | $ 8,520,000 | $ 327,000 | $ 145,000 |
Essex County New Jersey | 24 | $ 11,700,000 | $ 487,000 | $ 191,000 |
Ocean County New Jersey | 20 | $ 6,490,000 | $ 324,000 | $ 165,000 |
Warren County New Jersey | 20 | $ 4,830,000 | $ 241,000 | $ 105,000 |
Lehigh County Pennsylvania | 18 | $ 3,360,000 | $ 186,000 | $ 93,000 |
Hudson County New Jersey | 17 | $ 6,145,000 | $ 361,000 | $ 146,000 |
Mercer County New Jersey | 15 | $ 4,715,000 | $ 314,000 | $ 131,000 |
Westchester County New York | 15 | $ 7,245,000 | $ 483,000 | $ 167,000 |
Nassau County New York | 12 | $ 4,040,000 | $ 336,000 | $ 100,000 |
Monroe County Pennsylvania | 12 | $ 1,680,000 | $ 140,000 | $ 73,000 |
Fairfield County Connecticut | 11 | $ 5,045,000 | $ 458,000 | $ 211,000 |
Passaic County New Jersey | 11 | $ 3,435,000 | $ 312,000 | $ 119,000 |
Richmond County New York | 11 | $ 4,675,000 | $ 425,000 | $ 130,000 |
Berks County Pennsylvania | 9 | $ 1,555,000 | $ 172,000 | $ 88,000 |
Montgomery County Pennsylvania | 9 | $ 2,395,000 | $ 266,000 | $ 119,000 |
Philadelphia County Pennsylvania | 9 | $ 2,815,000 | $ 312,000 | $ 112,000 |
Burlington County New Jersey | 8 | $ 2,540,000 | $ 317,000 | $ 196,000 |
Camden County New Jersey | 8 | $ 1,700,000 | $ 212,000 | $ 104,000 |
Kings County New York | 8 | $ 3,710,000 | $ 463,000 | $ 149,000 |
Suffolk County New York | 8 | $ 3,640,000 | $ 455,000 | $ 154,000 |
Sussex County New Jersey | 7 | $ 1,695,000 | $ 242,000 | $ 110,000 |
Orange County New York | 7 | $ 1,565,000 | $ 223,000 | $ 144,000 |
Chester County Pennsylvania | 7 | $ 2,175,000 | $ 310,000 | $ 77,000 |
Delaware County Pennsylvania | 7 | $ 1,665,000 | $ 237,000 | $ 107,000 |
Hartford County Connecticut | 6 | $ 1,910,000 | $ 318,000 | $ 248,000 |
Putnam County New York | 6 | $ 1,960,000 | $ 326,000 | $ 127,000 |
Lackawanna County Pennsylvania | 6 | $ 1,290,000 | $ 215,000 | $ 88,000 |
Hillsborough County Florida | 5 | $ 1,855,000 | $ 371,000 | $ 189,000 |
Gloucester County New Jersey | 5 | $ 1,275,000 | $ 255,000 | $ 146,000 |
Queens County New York | 5 | $ 2,425,000 | $ 485,000 | $ 109,000 |
Carbon County Pennsylvania | 5 | $ 835,000 | $ 167,000 | $ 41,000 |
Washington County Pennsylvania | 5 | $ 785,000 | $ 157,000 | $ 131,000 |
Lee County Florida | 4 | $ 1,030,000 | $ 257,000 | $ 180,000 |
Rockland County New York | 4 | $ 1,820,000 | $ 455,000 | $ 158,000 |
Allegheny County Pennsylvania | 4 | $ 1,080,000 | $ 270,000 | $ 110,000 |
Litchfield County Connecticut | 3 | $ 955,000 | $ 318,000 | $ 245,000 |
Lake County Florida | 3 | $ 1,045,000 | $ 348,000 | $ 102,000 |
Miami-Dade County Florida | 3 | $ 965,000 | $ 321,000 | $ 113,000 |
Cape May County New Jersey | 3 | $ 1,045,000 | $ 348,000 | $ 154,000 |
Bronx County New York | 3 | $ 975,000 | $ 325,000 | $ 109,000 |
Erie County New York | 3 | $ 765,000 | $ 255,000 | $ 99,000 |
Monroe County New York | 3 | $ 485,000 | $ 161,000 | $ 71,000 |
Bucks County Pennsylvania | 3 | $ 1,085,000 | $ 361,000 | $ 101,000 |
Pike County Pennsylvania | 3 | $ 395,000 | $ 131,000 | $ 64,000 |
York County Pennsylvania | 3 | $ 885,000 | $ 295,000 | $ 108,000 |
New Haven County Connecticut | 2 | $ 560,000 | $ 280,000 | $ 107,000 |
Tolland County Connecticut | 2 | $ 540,000 | $ 270,000 | $ 120,000 |
Broward County Florida | 2 | $ 750,000 | $ 375,000 | $ 122,000 |
Flagler County Florida | 2 | $ 490,000 | $ 245,000 | $ 86,000 |
Orange County Florida | 2 | $ 810,000 | $ 405,000 | $ 231,000 |
Palm Beach County Florida | 2 | $ 560,000 | $ 280,000 | $ 139,000 |
Pasco County Florida | 2 | $ 400,000 | $ 200,000 | $ 107,000 |
Polk County Florida | 2 | $ 420,000 | $ 210,000 | $ 102,000 |
Atlantic County New Jersey | 2 | $ 710,000 | $ 355,000 | $ 122,000 |
Albany County New York | 2 | $ 720,000 | $ 360,000 | $ 96,000 |
Dutchess County New York | 2 | $ 430,000 | $ 215,000 | $ 103,000 |
Warren County New York | 2 | $ 580,000 | $ 290,000 | $ 69,000 |
Indiana County Pennsylvania | 2 | $ 210,000 | $ 105,000 | $ 31,000 |
Middlesex County Connecticut | 1 | $ 225,000 | $ 225,000 | $ 130,000 |
New London County Connecticut | 1 | $ 405,000 | $ 405,000 | $ 144,000 |
Duval County Florida | 1 | $ 345,000 | $ 345,000 | $ 141,000 |
Manatee County Florida | 1 | $ 365,000 | $ 365,000 | $ 130,000 |
St. Johns County Florida | 1 | $ 485,000 | $ 485,000 | $ 192,000 |
St. Lucie County Florida | 1 | $ 165,000 | $ 165,000 | $ 32,000 |
Volusia County Florida | 1 | $ 305,000 | $ 305,000 | $ 120,000 |
Cumberland County New Jersey | 1 | $ 55,000 | $ 55,000 | $ 17,000 |
Jefferson County New York | 1 | $ 295,000 | $ 295,000 | $ 121,000 |
New York County New York | 1 | $ 215,000 | $ 215,000 | $ 206,000 |
Niagara County New York | 1 | $ 205,000 | $ 205,000 | $ 104,000 |
Oneida County New York | 1 | $ 115,000 | $ 115,000 | $ 158,000 |
Onondaga County New York | 1 | $ 55,000 | $ 55,000 | $ 78,000 |
Ontario County New York | 1 | $ 305,000 | $ 305,000 | $ 180,000 |
Saratoga County New York | 1 | $ 245,000 | $ 245,000 | $ 92,000 |
Schuyler County New York | 1 | $ 155,000 | $ 155,000 | $ 66,000 |
Ulster County New York | 1 | $ 365,000 | $ 365,000 | $ 86,000 |
Beaver County Pennsylvania | 1 | $ 365,000 | $ 365,000 | $ 96,000 |
Bradford County Pennsylvania | 1 | $ 295,000 | $ 295,000 | $ 170,000 |
Butler County Pennsylvania | 1 | $ 135,000 | $ 135,000 | $ 96,000 |
Dauphin County Pennsylvania | 1 | $ 405,000 | $ 405,000 | $ 90,000 |
Lancaster County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 40,000 |
Northumberland County Pennsylvania | 1 | $ 195,000 | $ 195,000 | $ 152,000 |
Somerset County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 31,000 |
Westmoreland County Pennsylvania | 1 | $ 315,000 | $ 315,000 | $ 151,000 |
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.
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 | 390 | $133,030,000 | $341,000 | $1,085,000 | $138,000 | $1,413,000 |
Cash-out Refinancing | 178 | $54,020,000 | $303,000 | $1,545,000 | $123,000 | $849,000 |
Refinancing | 137 | $47,835,000 | $349,000 | $805,000 | $156,000 | $714,000 |
Home Improvement | 9 | $2,845,000 | $316,000 | $775,000 | $127,000 | $235,000 |
Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Other Purpose | 0 | $0 | $0 | $0 | $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 | 516 | $173,390,000 | $336,000 | $1,545,000 | $146,000 | $1,413,000 |
Hispanic | 64 | $20,040,000 | $313,000 | $665,000 | $113,000 | $350,000 |
Asian | 52 | $19,310,000 | $371,000 | $635,000 | $128,000 | $250,000 |
Black or African American | 39 | $11,795,000 | $302,000 | $625,000 | $108,000 | $284,000 |
Not Provided | 27 | $8,175,000 | $302,000 | $555,000 | $121,000 | $321,000 |
American Indian or Alaskan Native | 1 | $285,000 | $285,000 | $285,000 | $118,000 | $118,000 |
Native Hawaiian or Other Pacific Islander | 1 | $375,000 | $375,000 | $375,000 | $107,000 | $107,000 |
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) | 566 | $196,100,000 | $346,000 | $1,545,000 | $150,000 | $1,413,000 |
FHA-insured (Federal Housing Administration) | 145 | $40,645,000 | $280,000 | $635,000 | $92,000 | $243,000 |
VA-guaranteed (Veterans Administration) | 2 | $630,000 | $315,000 | $365,000 | $100,000 | $114,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $355,000 | $355,000 | $355,000 | $103,000 | $103,000 |
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 | 472 | $160,400,000 | $339,000 | $1,085,000 | $145,000 | $1,413,000 |
Application Withdrawn By Applicant | 151 | $51,925,000 | $343,000 | $1,545,000 | $128,000 | $849,000 |
Application Denied By Financial Institution | 83 | $23,605,000 | $284,000 | $1,005,000 | $118,000 | $381,000 |
File Closed For Incompleteness | 7 | $1,455,000 | $207,000 | $275,000 | $92,000 | $213,000 |
Application Approved But Not Accepted | 1 | $345,000 | $345,000 | $345,000 | $141,000 | $141,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 631 | $214,125,000 | $339,000 | $1,545,000 | $141,000 | $1,413,000 |
Collateral | 27 | $8,965,000 | $332,000 | $1,005,000 | $134,000 | $381,000 |
Debt-To-Income Ratio | 16 | $4,190,000 | $261,000 | $445,000 | $85,000 | $198,000 |
Credit History | 15 | $3,605,000 | $240,000 | $715,000 | $87,000 | $159,000 |
Credit Application Incomplete | 12 | $3,400,000 | $283,000 | $545,000 | $147,000 | $350,000 |
Insufficient Cash (Downpayment, Closing Cost) | 7 | $1,735,000 | $247,000 | $465,000 | $125,000 | $201,000 |
Unverifiable Information | 5 | $1,225,000 | $245,000 | $405,000 | $146,000 | $235,000 |
Employment History | 1 | $485,000 | $485,000 | $485,000 | $157,000 | $157,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Other | 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.