American Financial Resources, Inc.
Mortgage Loan Application
Totals and Details
for 2005
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 American Financial Resources, Inc..
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 2003-2022.
| Mortgage Company & Address | American Financial Resources, Inc. 9 Sylvan Way Parsippany, NJ 07054 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2006 2005 2004 |
| Total Number of Mortgage Applications | 1,211 |
| Total Mortgage Loan Application Amount | $262,824,000 |
| Average Mortgage Loan Application Amount | $226,166 |
| Highest Mortgage Loan Application Amount | $1,000,000 |
| Average Applicant Income | $97,000 |
| Highest Applicant Income | $2,475,000 |
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 |
|---|---|---|---|---|
| Essex County New Jersey | 133 | $ 28,681,000 | $ 215,000 | $ 87,000 |
| Morris County New Jersey | 94 | $ 22,339,000 | $ 237,000 | $ 121,000 |
| Middlesex County New Jersey | 89 | $ 17,982,000 | $ 202,000 | $ 88,000 |
| Bergen County New Jersey | 79 | $ 22,998,000 | $ 291,000 | $ 113,000 |
| Monmouth County New Jersey | 64 | $ 14,531,000 | $ 227,000 | $ 90,000 |
| Burlington County New Jersey | 62 | $ 10,975,000 | $ 177,000 | $ 92,000 |
| Passaic County New Jersey | 59 | $ 13,498,000 | $ 228,000 | $ 73,000 |
| Union County New Jersey | 53 | $ 12,022,000 | $ 226,000 | $ 70,000 |
| Hudson County New Jersey | 50 | $ 11,735,000 | $ 234,000 | $ 79,000 |
| Ocean County New Jersey | 45 | $ 10,315,000 | $ 229,000 | $ 81,000 |
| Atlantic County New Jersey | 42 | $ 7,294,000 | $ 173,000 | $ 83,000 |
| Sussex County New Jersey | 40 | $ 8,305,000 | $ 207,000 | $ 69,000 |
| Mercer County New Jersey | 34 | $ 5,387,000 | $ 158,000 | $ 64,000 |
| Gloucester County New Jersey | 26 | $ 3,864,000 | $ 148,000 | $ 65,000 |
| Somerset County New Jersey | 26 | $ 5,508,000 | $ 211,000 | $ 98,000 |
| Fairfield County Connecticut | 25 | $ 5,641,000 | $ 225,000 | $ 82,000 |
| Warren County New Jersey | 24 | $ 4,859,000 | $ 202,000 | $ 92,000 |
| Camden County New Jersey | 17 | $ 2,735,000 | $ 160,000 | $ 79,000 |
| New Haven County Connecticut | 14 | $ 2,529,000 | $ 180,000 | $ 79,000 |
| Cape May County New Jersey | 12 | $ 2,448,000 | $ 204,000 | $ 101,000 |
| Cumberland County New Jersey | 12 | $ 1,876,000 | $ 156,000 | $ 54,000 |
| Suffolk County New York | 11 | $ 2,330,000 | $ 211,000 | $ 87,000 |
| Hartford County Connecticut | 10 | $ 1,667,000 | $ 166,000 | $ 58,000 |
| Hunterdon County New Jersey | 10 | $ 2,077,000 | $ 207,000 | $ 97,000 |
| New London County Connecticut | 9 | $ 1,481,000 | $ 164,000 | $ 41,000 |
| Westchester County New York | 9 | $ 4,240,000 | $ 471,000 | $ 209,000 |
| Prince William County Virginia | 9 | $ 2,438,000 | $ 270,000 | $ 96,000 |
| Bristol County Massachusetts | 8 | $ 2,017,000 | $ 252,000 | $ 30,000 |
| Litchfield County Connecticut | 5 | $ 752,000 | $ 150,000 | $ 65,000 |
| Broward County Florida | 5 | $ 1,009,000 | $ 201,000 | $ 62,000 |
| Nassau County New York | 5 | $ 1,016,000 | $ 203,000 | $ 68,000 |
| Fairfax County Virginia | 5 | $ 1,661,000 | $ 332,000 | $ 29,000 |
| Windham County Connecticut | 4 | $ 743,000 | $ 185,000 | $ 84,000 |
| Orange County New York | 4 | $ 751,000 | $ 187,000 | $ 114,000 |
| Queens County New York | 4 | $ 760,000 | $ 190,000 | $ 85,000 |
| Los Angeles County California | 3 | $ 1,426,000 | $ 475,000 | $ 204,000 |
| Howard County Maryland | 3 | $ 945,000 | $ 315,000 | $ 153,000 |
| Washington County Maryland | 3 | $ 428,000 | $ 142,000 | $ 58,000 |
| Barnstable County Massachusetts | 3 | $ 865,000 | $ 288,000 | $ 128,000 |
| Norfolk County Massachusetts | 3 | $ 603,000 | $ 201,000 | $ 86,000 |
| Worcester County Massachusetts | 3 | $ 706,000 | $ 235,000 | $ 87,000 |
| Rockland County New York | 3 | $ 735,000 | $ 245,000 | $ 85,000 |
| Allegheny County Pennsylvania | 3 | $ 207,000 | $ 69,000 | $ 48,000 |
| Bucks County Pennsylvania | 3 | $ 710,000 | $ 236,000 | $ 103,000 |
| Lancaster County Pennsylvania | 3 | $ 191,000 | $ 63,000 | $ 103,000 |
| Monroe County Pennsylvania | 3 | $ 498,000 | $ 166,000 | $ 57,000 |
| Pike County Pennsylvania | 3 | $ 275,000 | $ 91,000 | $ 54,000 |
| Spotsylvania County Virginia | 3 | $ 608,000 | $ 202,000 | $ 97,000 |
| Alameda County California | 2 | $ 404,000 | $ 202,000 | $ 182,000 |
| Riverside County California | 2 | $ 839,000 | $ 419,000 | $ 100,000 |
| Solano County California | 2 | $ 411,000 | $ 205,000 | $ 102,000 |
| Volusia County Florida | 2 | $ 324,000 | $ 162,000 | $ 98,000 |
| Allegany County Maryland | 2 | $ 139,000 | $ 69,000 | $ 43,000 |
| Baltimore County Maryland | 2 | $ 312,000 | $ 156,000 | $ 53,000 |
| Essex County Massachusetts | 2 | $ 462,000 | $ 231,000 | $ 55,000 |
| Middlesex County Massachusetts | 2 | $ 700,000 | $ 350,000 | $ 30,000 |
| Plymouth County Massachusetts | 2 | $ 625,000 | $ 312,000 | $ 67,000 |
| Suffolk County Massachusetts | 2 | $ 575,000 | $ 287,000 | $ 46,000 |
| Salem County New Jersey | 2 | $ 292,000 | $ 146,000 | $ 60,000 |
| Carbon County Pennsylvania | 2 | $ 215,000 | $ 107,000 | $ 72,000 |
| Chester County Pennsylvania | 2 | $ 360,000 | $ 180,000 | $ 134,000 |
| Delaware County Pennsylvania | 2 | $ 688,000 | $ 344,000 | $ 64,000 |
| Northampton County Pennsylvania | 2 | $ 329,000 | $ 164,000 | $ 76,000 |
| Sacramento County California | 1 | $ 276,000 | $ 276,000 | $ 108,000 |
| San Diego County California | 1 | $ 281,000 | $ 281,000 | $ 78,000 |
| San Francisco County California | 1 | $ 350,000 | $ 350,000 | $ 204,000 |
| Santa Clara County California | 1 | $ 600,000 | $ 600,000 | $ 144,000 |
| Middlesex County Connecticut | 1 | $ 345,000 | $ 345,000 | $ 79,000 |
| Bay County Florida | 1 | $ 302,000 | $ 302,000 | $ 85,000 |
| Brevard County Florida | 1 | $ 349,000 | $ 349,000 | $ 185,000 |
| Hendry County Florida | 1 | $ 156,000 | $ 156,000 | $ 50,000 |
| Hillsborough County Florida | 1 | $ 123,000 | $ 123,000 | $ 59,000 |
| Polk County Florida | 1 | $ 140,000 | $ 140,000 | $ 44,000 |
| St. Lucie County Florida | 1 | $ 188,000 | $ 188,000 | $ 60,000 |
| Franklin County Massachusetts | 1 | $ 160,000 | $ 160,000 | $ 38,000 |
| Allegany County New York | 1 | $ 360,000 | $ 360,000 | $ 273,000 |
| Broome County New York | 1 | $ 52,000 | $ 52,000 | $ 31,000 |
| Cattaraugus County New York | 1 | $ 39,000 | $ 39,000 | $ 22,000 |
| Chemung County New York | 1 | $ 60,000 | $ 60,000 | $ 52,000 |
| Kings County New York | 1 | $ 208,000 | $ 208,000 | $ 60,000 |
| New York County New York | 1 | $ 360,000 | $ 360,000 | $ 185,000 |
| Richmond County New York | 1 | $ 286,000 | $ 286,000 | $ 61,000 |
| Sullivan County New York | 1 | $ 238,000 | $ 238,000 | $ 135,000 |
| Franklin County Pennsylvania | 1 | $ 182,000 | $ 182,000 | $ 47,000 |
| Lehigh County Pennsylvania | 1 | $ 157,000 | $ 157,000 | $ 44,000 |
| Wayne County Pennsylvania | 1 | $ 96,000 | $ 96,000 | $ 33,000 |
| Arlington County Virginia | 1 | $ 463,000 | $ 463,000 | $ 121,000 |
| Salem County Virginia | 1 | $ 266,000 | $ 266,000 | $ 111,000 |
| Stafford County Virginia | 1 | $ 348,000 | $ 348,000 | $ 100,000 |
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.
Mortgage Loan Application Detail Totals for American Financial Resources, Inc. in 2005
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 | 844 | $185,320,000 | $235,888 | $1,000,000 | $83,222 | $2,475,000 |
| Home Purchase | 367 | $77,504,000 | $216,444 | $900,000 | $110,777 | $590,000 |
| 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 | 776 | $171,613,000 | $230,333 | $1,000,000 | $93,444 | $2,475,000 |
| Hispanic | 194 | $42,103,000 | $232,571 | $527,000 | $65,285 | $205,000 |
| Black or African American | 143 | $28,392,000 | $254,333 | $1,000,000 | $67,500 | $429,000 |
| Not Provided | 78 | $16,231,000 | $174,571 | $621,000 | $88,714 | $248,000 |
| Asian | 17 | $3,534,000 | $296,666 | $650,000 | $122,666 | $240,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $456,000 | $228,000 | $288,000 | $136,000 | $150,000 |
| Not applicable | 1 | $495,000 | $495,000 | $495,000 | $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) | 1,180 | $256,333,000 | $231,333 | $1,000,000 | $88,666 | $2,475,000 |
| FHA-insured (Federal Housing Administration) | 30 | $6,197,000 | $170,000 | $317,000 | $73,000 | $138,000 |
| VA-guaranteed (Veterans Administration) | 1 | $294,000 | $294,000 | $294,000 | $81,000 | $81,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 1,132 | $247,597,000 | $234,666 | $1,000,000 | $89,000 | $2,475,000 |
| Application Withdrawn By Applicant | 40 | $8,141,000 | $188,750 | $731,000 | $66,250 | $264,000 |
| Application Denied By Financial Institution | 30 | $5,594,000 | $186,000 | $505,000 | $74,000 | $210,000 |
| Application Approved But Not Accepted | 8 | $1,331,000 | $141,400 | $295,000 | $64,400 | $117,000 |
| File Closed For Incompleteness | 1 | $161,000 | $161,000 | $161,000 | $92,000 | $92,000 |
| 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 |
|---|---|---|---|---|---|---|
| Other | 26 | $4,555,000 | $175,000 | $379,000 | $75,000 | $210,000 |
| Mortgage Insurance Denied | 4 | $1,039,000 | $259,000 | $505,000 | $69,000 | $150,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 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.