Trust Company Of New Jersey
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Trust Company Of New Jersey 2003 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 | Trust Company Of New Jersey 35 Journal Square Jersey City, NJ 07306 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2003 |
| Total Number of Mortgage Applications | 4,944 |
| Total Mortgage Loan Application Amount | $969,533,000 |
| Average Mortgage Loan Application Amount | $359,538 |
| Highest Mortgage Loan Application Amount | $6,867,000 |
| Average Applicant Income | $123,076 |
| Highest Applicant Income | $2,192,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Trust Company Of New Jersey. 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 Trust Company Of New Jersey's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Trust Company Of New Jersey'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 Trust Company Of New Jersey serves its applicants.
Each category highlights the total number of mortgage applications processed by Trust Company Of New Jersey, 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 Trust Company Of New Jersey's mortgage activity for 2003.
| 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 | 1,102 | $ 259,751,000 | $ 235,000 | $ 116,000 |
| Hudson County New Jersey | 522 | $ 76,983,000 | $ 147,000 | $ 69,000 |
| Middlesex County New Jersey | 502 | $ 74,468,000 | $ 148,000 | $ 83,000 |
| Morris County New Jersey | 439 | $ 101,923,000 | $ 232,000 | $ 111,000 |
| Monmouth County New Jersey | 411 | $ 73,580,000 | $ 179,000 | $ 128,000 |
| Essex County New Jersey | 403 | $ 86,463,000 | $ 214,000 | $ 117,000 |
| Passaic County New Jersey | 322 | $ 50,901,000 | $ 158,000 | $ 81,000 |
| Somerset County New Jersey | 294 | $ 65,367,000 | $ 222,000 | $ 101,000 |
| Ocean County New Jersey | 278 | $ 38,795,000 | $ 139,000 | $ 98,000 |
| Union County New Jersey | 138 | $ 26,273,000 | $ 190,000 | $ 116,000 |
| Sussex County New Jersey | 99 | $ 13,883,000 | $ 140,000 | $ 104,000 |
| Hunterdon County New Jersey | 89 | $ 20,607,000 | $ 231,000 | $ 114,000 |
| Orange County New York | 63 | $ 11,671,000 | $ 185,000 | $ 114,000 |
| Mercer County New Jersey | 45 | $ 8,952,000 | $ 198,000 | $ 128,000 |
| Warren County New Jersey | 30 | $ 4,900,000 | $ 163,000 | $ 89,000 |
| Burlington County New Jersey | 22 | $ 3,581,000 | $ 162,000 | $ 90,000 |
| Rockland County New York | 20 | $ 3,597,000 | $ 179,000 | $ 94,000 |
| Westchester County New York | 19 | $ 8,836,000 | $ 465,000 | $ 194,000 |
| Richmond County New York | 17 | $ 4,450,000 | $ 261,000 | $ 76,000 |
| Suffolk County New York | 14 | $ 5,050,000 | $ 360,000 | $ 201,000 |
| Atlantic County New Jersey | 13 | $ 1,747,000 | $ 134,000 | $ 71,000 |
| New York County New York | 13 | $ 4,127,000 | $ 317,000 | $ 192,000 |
| Cape May County New Jersey | 12 | $ 3,072,000 | $ 256,000 | $ 144,000 |
| Monroe County Pennsylvania | 10 | $ 1,505,000 | $ 150,000 | $ 79,000 |
| Camden County New Jersey | 9 | $ 1,699,000 | $ 188,000 | $ 82,000 |
| Nassau County New York | 9 | $ 3,507,000 | $ 389,000 | $ 190,000 |
| Northampton County Pennsylvania | 5 | $ 1,006,000 | $ 201,000 | $ 57,000 |
| Hartford County Connecticut | 4 | $ 1,150,000 | $ 287,000 | $ 105,000 |
| Queens County New York | 4 | $ 890,000 | $ 222,000 | $ 93,000 |
| Fairfield County Connecticut | 3 | $ 2,173,000 | $ 724,000 | $ 224,000 |
| New Haven County Connecticut | 3 | $ 882,000 | $ 294,000 | $ 95,000 |
| Gloucester County New Jersey | 3 | $ 645,000 | $ 215,000 | $ 63,000 |
| Montgomery County Pennsylvania | 3 | $ 1,620,000 | $ 540,000 | $ 258,000 |
| Kings County New York | 2 | $ 390,000 | $ 195,000 | $ 11,000 |
| Ulster County New York | 2 | $ 250,000 | $ 125,000 | $ 99,000 |
| Berks County Pennsylvania | 2 | $ 466,000 | $ 233,000 | $ 134,000 |
| Bucks County Pennsylvania | 2 | $ 808,000 | $ 404,000 | $ 283,000 |
| Pike County Pennsylvania | 2 | $ 141,000 | $ 70,000 | $ 96,000 |
| Los Angeles County California | 1 | $ 1,240,000 | $ 1,240,000 | $ 400,000 |
| Litchfield County Connecticut | 1 | $ 75,000 | $ 75,000 | $ 55,000 |
| Middlesex County Connecticut | 1 | $ 205,000 | $ 205,000 | $ 85,000 |
| Palm Beach County Florida | 1 | $ 88,000 | $ 88,000 | $ 52,000 |
| Salem County New Jersey | 1 | $ 71,000 | $ 71,000 | $ 30,000 |
| Bronx County New York | 1 | $ 500,000 | $ 500,000 | $ 316,000 |
| Schoharie County New York | 1 | $ 278,000 | $ 278,000 | $ 249,000 |
| Sullivan County New York | 1 | $ 78,000 | $ 78,000 | $ 84,000 |
| Allegheny County Pennsylvania | 1 | $ 323,000 | $ 323,000 | $ 93,000 |
| Bradford County Pennsylvania | 1 | $ 128,000 | $ 128,000 | $ 34,000 |
| Dauphin County Pennsylvania | 1 | $ 50,000 | $ 50,000 | $ 36,000 |
| Susquehanna County Pennsylvania | 1 | $ 100,000 | $ 100,000 | $ 135,000 |
| Wayne County Pennsylvania | 1 | $ 198,000 | $ 198,000 | $ 115,000 |
| York County Pennsylvania | 1 | $ 90,000 | $ 90,000 | $ 108,000 |
Mortgage Loan Application Detail Totals for Trust Company Of New Jersey in 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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 3,587 | $768,372,000 | $244,250 | $1,300,000 | $122,250 | $2,192,000 |
| Home Improvement (one-to-four family) | 789 | $41,656,000 | $45,000 | $500,000 | $73,500 | $513,000 |
| Home Purchase (one-to-four family) | 555 | $147,127,000 | $442,500 | $1,240,000 | $160,666 | $700,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 13 | $12,378,000 | $952,000 | $6,867,000 | $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 | 3,631 | $722,983,000 | $398,833 | $1,300,000 | $156,833 | $2,192,000 |
| Hispanic | 353 | $50,591,000 | $140,000 | $600,000 | $77,000 | $341,000 |
| Asian or Pacific Islander | 292 | $62,675,000 | $263,250 | $1,000,000 | $111,000 | $734,000 |
| Information not provided by applicant in mail or telephone application | 281 | $52,554,000 | $183,666 | $1,000,000 | $128,333 | $1,099,000 |
| Other | 244 | $48,847,000 | $223,000 | $1,000,000 | $110,000 | $697,000 |
| Black | 128 | $19,683,000 | $111,500 | $758,000 | $78,000 | $581,000 |
| Not applicable | 8 | $10,565,000 | $1,320,000 | $6,867,000 | $0 | $0 |
| American Indian or Alaskan Native | 7 | $1,635,000 | $233,000 | $500,000 | $68,000 | $108,000 |
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) | 4,944 | $969,533,000 | $394,833 | $6,867,000 | $155,166 | $2,192,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 4,179 | $860,517,000 | $386,000 | $6,867,000 | $157,000 | $2,192,000 |
| Application Denied By Financial Institution | 397 | $40,333,000 | $105,333 | $800,000 | $56,666 | $312,000 |
| Application Approved But Not Accepted | 245 | $45,035,000 | $333,250 | $973,000 | $150,750 | $746,000 |
| Application Withdrawn By Applicant | 71 | $16,380,000 | $395,666 | $1,140,000 | $127,666 | $464,000 |
| File Closed For Incompleteness | 52 | $7,268,000 | $139,000 | $700,000 | $89,000 | $669,000 |
| Loan Purchased By The 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 | 212 | $18,318,000 | $86,333 | $800,000 | $50,333 | $189,000 |
| Collateral | 79 | $9,271,000 | $175,333 | $564,000 | $63,000 | $239,000 |
| Credit History | 75 | $8,616,000 | $109,500 | $500,000 | $74,500 | $240,000 |
| Other | 15 | $1,607,000 | $107,000 | $355,000 | $85,000 | $312,000 |
| Employment History | 9 | $1,155,000 | $128,000 | $200,000 | $61,000 | $150,000 |
| Unverifiable Information | 6 | $1,158,000 | $193,000 | $290,000 | $44,000 | $104,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $208,000 | $208,000 | $208,000 | $119,000 | $119,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Trust Company Of New Jersey's 2003 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 Trust Company Of New Jersey'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.