Sun Home Loans
HMDA Loan Application Totals
and Mortgage Lending Details
for 2008
Sun Home Loans 2008 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 | Sun Home Loans 4651 Rt 42 Turnersville, NJ 08012 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 |
| Total Number of Mortgage Applications | 363 |
| Total Mortgage Loan Application Amount | $96,829,000 |
| Average Mortgage Loan Application Amount | $267,000 |
| Highest Mortgage Loan Application Amount | $3,000,000 |
| Average Applicant Income | $136,000 |
| Highest Applicant Income | $1,028,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2008 with Sun Home Loans. 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 Sun Home Loans's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2008 breaks down Sun Home Loans'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 Sun Home Loans serves its applicants.
Each category highlights the total number of mortgage applications processed by Sun Home Loans, 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 Sun Home Loans's mortgage activity for 2008.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Camden County New Jersey | 41 | $ 7,610,000 | $ 185,000 | $ 100,000 |
| Monmouth County New Jersey | 34 | $ 12,886,000 | $ 379,000 | $ 182,000 |
| Cumberland County New Jersey | 32 | $ 4,718,000 | $ 147,000 | $ 67,000 |
| Cape May County New Jersey | 26 | $ 9,117,000 | $ 350,000 | $ 231,000 |
| Ocean County New Jersey | 25 | $ 7,273,000 | $ 290,000 | $ 149,000 |
| Atlantic County New Jersey | 24 | $ 7,019,000 | $ 292,000 | $ 141,000 |
| Burlington County New Jersey | 23 | $ 5,970,000 | $ 259,000 | $ 94,000 |
| Gloucester County New Jersey | 18 | $ 3,640,000 | $ 202,000 | $ 102,000 |
| Mercer County New Jersey | 18 | $ 4,036,000 | $ 224,000 | $ 107,000 |
| New Castle County Delaware | 12 | $ 2,760,000 | $ 230,000 | $ 79,000 |
| Hunterdon County New Jersey | 12 | $ 3,442,000 | $ 286,000 | $ 105,000 |
| Middlesex County New Jersey | 12 | $ 3,541,000 | $ 295,000 | $ 139,000 |
| Somerset County New Jersey | 10 | $ 2,830,000 | $ 283,000 | $ 139,000 |
| Philadelphia County Pennsylvania | 9 | $ 1,726,000 | $ 191,000 | $ 118,000 |
| Salem County New Jersey | 8 | $ 1,326,000 | $ 165,000 | $ 72,000 |
| Bucks County Pennsylvania | 6 | $ 1,563,000 | $ 260,000 | $ 101,000 |
| Maricopa County Arizona | 3 | $ 600,000 | $ 200,000 | $ 95,000 |
| Morris County New Jersey | 3 | $ 1,146,000 | $ 382,000 | $ 115,000 |
| Sussex County Delaware | 2 | $ 407,000 | $ 203,000 | $ 112,000 |
| Volusia County Florida | 2 | $ 425,000 | $ 212,000 | $ 80,000 |
| Kings County New York | 2 | $ 1,163,000 | $ 581,000 | $ 292,000 |
| Richmond County New York | 2 | $ 776,000 | $ 388,000 | $ 138,000 |
| Etowah County Alabama | 1 | $ 245,000 | $ 245,000 | $ 82,000 |
| San Bernardino County California | 1 | $ 112,000 | $ 112,000 | $ 76,000 |
| Fairfield County Connecticut | 1 | $ 417,000 | $ 417,000 | $ 208,000 |
| Kent County Delaware | 1 | $ 328,000 | $ 328,000 | $ 208,000 |
| Brevard County Florida | 1 | $ 93,000 | $ 93,000 | $ 47,000 |
| Collier County Florida | 1 | $ 247,000 | $ 247,000 | $ 434,000 |
| Hillsborough County Florida | 1 | $ 135,000 | $ 135,000 | $ 78,000 |
| Lee County Florida | 1 | $ 288,000 | $ 288,000 | $ 517,000 |
| Miami-Dade County Florida | 1 | $ 417,000 | $ 417,000 | $ 462,000 |
| Palm Beach County Florida | 1 | $ 3,000,000 | $ 3,000,000 | $ 1,028,000 |
| Seminole County Florida | 1 | $ 142,000 | $ 142,000 | $ 58,000 |
| Brown County Indiana | 1 | $ 52,000 | $ 52,000 | $ 250,000 |
| St. Joseph County Indiana | 1 | $ 342,000 | $ 342,000 | $ 120,000 |
| Baltimore County Maryland | 1 | $ 260,000 | $ 260,000 | $ 128,000 |
| Cecil County Maryland | 1 | $ 150,000 | $ 150,000 | $ 80,000 |
| Worcester County Maryland | 1 | $ 264,000 | $ 264,000 | $ 235,000 |
| Suffolk County Massachusetts | 1 | $ 255,000 | $ 255,000 | $ 145,000 |
| Bergen County New Jersey | 1 | $ 1,531,000 | $ 1,531,000 | $ 972,000 |
| Essex County New Jersey | 1 | $ 150,000 | $ 150,000 | $ 24,000 |
| Passaic County New Jersey | 1 | $ 317,000 | $ 317,000 | $ 82,000 |
| Union County New Jersey | 1 | $ 280,000 | $ 280,000 | $ 96,000 |
| Warren County New Jersey | 1 | $ 150,000 | $ 150,000 | $ 36,000 |
| Santa Fe County New Mexico | 1 | $ 196,000 | $ 196,000 | $ 69,000 |
| Genesee County New York | 1 | $ 72,000 | $ 72,000 | $ 38,000 |
| Lewis County New York | 1 | $ 56,000 | $ 56,000 | $ 143,000 |
| Wake County North Carolina | 1 | $ 340,000 | $ 340,000 | $ 240,000 |
| Chester County Pennsylvania | 1 | $ 330,000 | $ 330,000 | $ 100,000 |
| Delaware County Pennsylvania | 1 | $ 245,000 | $ 245,000 | $ 278,000 |
| Beaufort County South Carolina | 1 | $ 180,000 | $ 180,000 | $ 99,000 |
| Georgetown County South Carolina | 1 | $ 382,000 | $ 382,000 | $ 168,000 |
| Horry County South Carolina | 1 | $ 74,000 | $ 74,000 | $ 131,000 |
| Williamson County Tennessee | 1 | $ 413,000 | $ 413,000 | $ 144,000 |
| Harris County Texas | 1 | $ 201,000 | $ 201,000 | $ 120,000 |
| Windham County Vermont | 1 | $ 314,000 | $ 314,000 | $ 348,000 |
| Bland County Virginia | 1 | $ 180,000 | $ 180,000 | $ 75,000 |
| Chesterfield County Virginia | 1 | $ 257,000 | $ 257,000 | $ 71,000 |
| Richmond City County Virginia | 1 | $ 158,000 | $ 158,000 | $ 140,000 |
| Kanawha County West Virginia | 1 | $ 122,000 | $ 122,000 | $ 48,000 |
Mortgage Loan Application Detail Totals for Sun Home Loans in 2008
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 | 231 | $61,302,000 | $265,000 | $3,000,000 | $126,000 | $1,028,000 |
| Home Purchase | 132 | $35,527,000 | $269,000 | $1,531,000 | $146,000 | $997,000 |
| Home Improvement | 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 | 308 | $82,885,000 | $269,000 | $3,000,000 | $137,000 | $1,028,000 |
| Asian | 16 | $4,609,000 | $288,000 | $670,000 | $134,000 | $469,000 |
| Not Provided | 14 | $4,257,000 | $304,000 | $1,650,000 | $137,000 | $556,000 |
| Black or African American | 12 | $2,267,000 | $188,000 | $450,000 | $103,000 | $443,000 |
| Hispanic | 10 | $1,987,000 | $198,000 | $400,000 | $68,000 | $101,000 |
| American Indian or Alaskan Native | 3 | $824,000 | $274,000 | $417,000 | $62,000 | $92,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 329 | $89,678,000 | $272,000 | $3,000,000 | $139,000 | $1,028,000 |
| FHA-insured (Federal Housing Administration) | 34 | $7,151,000 | $210,000 | $448,000 | $79,000 | $172,000 |
| 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 | 286 | $77,462,000 | $270,000 | $3,000,000 | $137,000 | $1,028,000 |
| Application Denied By Financial Institution | 37 | $10,251,000 | $277,000 | $1,650,000 | $122,000 | $516,000 |
| Application Withdrawn By Applicant | 33 | $7,256,000 | $219,000 | $491,000 | $125,000 | $517,000 |
| Application Approved But Not Accepted | 7 | $1,860,000 | $265,000 | $407,000 | $106,000 | $162,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 16 | $3,946,000 | $246,000 | $775,000 | $143,000 | $516,000 |
| Credit History | 8 | $1,915,000 | $239,000 | $900,000 | $74,000 | $163,000 |
| Debt-To-Income Ratio | 8 | $3,433,000 | $429,000 | $1,650,000 | $110,000 | $274,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $371,000 | $185,000 | $222,000 | $73,000 | $82,000 |
| Other | 2 | $534,000 | $267,000 | $336,000 | $177,000 | $199,000 |
| Credit Application Incomplete | 1 | $52,000 | $52,000 | $52,000 | $250,000 | $250,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Sun Home Loans's 2008 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 Sun Home Loans'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.