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 Commerce Bank, Na.
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 | Commerce Bank, Na 2059 Spingdale Road Cherry Hill, NJ 08003 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2008 2007 2006 2005 2004 2003 |
Total Number of Mortgage Applications | 19,265 |
Total Mortgage Loan Application Amount | $2,736,493,000 |
Average Mortgage Loan Application Amount | $263,965 |
Highest Mortgage Loan Application Amount | $20,100,000 |
Average Applicant Income | $145,500 |
Highest Applicant Income | $8,000,000 |
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 |
---|---|---|---|---|
Camden County New Jersey | 3,540 | $ 263,135,000 | $ 74,000 | $ 66,000 |
Burlington County New Jersey | 2,129 | $ 219,567,000 | $ 103,000 | $ 75,000 |
Gloucester County New Jersey | 1,934 | $ 141,901,000 | $ 73,000 | $ 71,000 |
Ocean County New Jersey | 1,303 | $ 227,984,000 | $ 174,000 | $ 98,000 |
Atlantic County New Jersey | 1,283 | $ 117,643,000 | $ 91,000 | $ 78,000 |
Monmouth County New Jersey | 973 | $ 221,426,000 | $ 227,000 | $ 112,000 |
Bergen County New Jersey | 707 | $ 172,902,000 | $ 244,000 | $ 98,000 |
Middlesex County New Jersey | 647 | $ 88,495,000 | $ 136,000 | $ 100,000 |
Cape May County New Jersey | 477 | $ 108,190,000 | $ 226,000 | $ 122,000 |
Montgomery County Pennsylvania | 458 | $ 89,869,000 | $ 196,000 | $ 114,000 |
Philadelphia County Pennsylvania | 449 | $ 66,385,000 | $ 147,000 | $ 77,000 |
Mercer County New Jersey | 391 | $ 44,232,000 | $ 113,000 | $ 93,000 |
Bucks County Pennsylvania | 357 | $ 70,628,000 | $ 197,000 | $ 114,000 |
Morris County New Jersey | 348 | $ 64,258,000 | $ 184,000 | $ 99,000 |
Union County New Jersey | 333 | $ 58,394,000 | $ 175,000 | $ 77,000 |
Somerset County New Jersey | 326 | $ 63,093,000 | $ 193,000 | $ 123,000 |
Delaware County Pennsylvania | 301 | $ 51,088,000 | $ 169,000 | $ 88,000 |
Hunterdon County New Jersey | 298 | $ 48,657,000 | $ 163,000 | $ 121,000 |
Nassau County New York | 296 | $ 40,936,000 | $ 138,000 | $ 138,000 |
Suffolk County New York | 286 | $ 63,042,000 | $ 220,000 | $ 171,000 |
New York County New York | 262 | $ 137,279,000 | $ 523,000 | $ 102,000 |
Cumberland County New Jersey | 255 | $ 18,429,000 | $ 72,000 | $ 54,000 |
New Castle County Delaware | 214 | $ 36,117,000 | $ 168,000 | $ 80,000 |
Essex County New Jersey | 210 | $ 60,698,000 | $ 289,000 | $ 123,000 |
Chester County Pennsylvania | 186 | $ 44,342,000 | $ 238,000 | $ 107,000 |
Passaic County New Jersey | 176 | $ 32,765,000 | $ 186,000 | $ 97,000 |
Kings County New York | 143 | $ 28,627,000 | $ 200,000 | $ 71,000 |
Queens County New York | 141 | $ 17,692,000 | $ 125,000 | $ 62,000 |
Sussex County New Jersey | 89 | $ 14,026,000 | $ 157,000 | $ 94,000 |
Hudson County New Jersey | 74 | $ 13,163,000 | $ 177,000 | $ 83,000 |
Salem County New Jersey | 68 | $ 6,164,000 | $ 90,000 | $ 74,000 |
Rockland County New York | 60 | $ 10,194,000 | $ 169,000 | $ 97,000 |
Richmond County New York | 53 | $ 7,810,000 | $ 147,000 | $ 84,000 |
Warren County New Jersey | 52 | $ 8,161,000 | $ 156,000 | $ 78,000 |
Bronx County New York | 43 | $ 5,336,000 | $ 124,000 | $ 79,000 |
Westchester County New York | 43 | $ 8,305,000 | $ 193,000 | $ 143,000 |
Orange County New York | 41 | $ 7,163,000 | $ 174,000 | $ 105,000 |
Northampton County Pennsylvania | 19 | $ 3,105,000 | $ 163,000 | $ 130,000 |
Monroe County Pennsylvania | 18 | $ 2,000,000 | $ 111,000 | $ 114,000 |
Fairfield County Connecticut | 15 | $ 5,583,000 | $ 372,000 | $ 265,000 |
Kent County Delaware | 13 | $ 1,341,000 | $ 103,000 | $ 82,000 |
Berks County Pennsylvania | 12 | $ 2,185,000 | $ 182,000 | $ 77,000 |
Carbon County Pennsylvania | 10 | $ 1,092,000 | $ 109,000 | $ 124,000 |
Pike County Pennsylvania | 10 | $ 1,425,000 | $ 142,000 | $ 104,000 |
Wayne County Pennsylvania | 10 | $ 842,000 | $ 84,000 | $ 95,000 |
Sussex County Delaware | 9 | $ 2,020,000 | $ 224,000 | $ 127,000 |
Palm Beach County Florida | 9 | $ 1,260,000 | $ 140,000 | $ 73,000 |
Lancaster County Pennsylvania | 9 | $ 1,117,000 | $ 124,000 | $ 84,000 |
Sullivan County New York | 8 | $ 754,000 | $ 94,000 | $ 81,000 |
Worcester County Maryland | 7 | $ 1,085,000 | $ 155,000 | $ 99,000 |
Cecil County Maryland | 6 | $ 1,086,000 | $ 181,000 | $ 80,000 |
Ulster County New York | 6 | $ 1,037,000 | $ 172,000 | $ 147,000 |
Dutchess County New York | 5 | $ 832,000 | $ 166,000 | $ 77,000 |
Lackawanna County Pennsylvania | 5 | $ 653,000 | $ 130,000 | $ 83,000 |
Greene County New York | 4 | $ 438,000 | $ 109,000 | $ 113,000 |
Putnam County New York | 4 | $ 2,172,000 | $ 543,000 | $ 245,000 |
Lehigh County Pennsylvania | 4 | $ 703,000 | $ 175,000 | $ 96,000 |
Potter County Pennsylvania | 4 | $ 311,000 | $ 77,000 | $ 28,000 |
Collier County Florida | 3 | $ 1,570,000 | $ 523,000 | $ 377,000 |
Hillsborough County Florida | 3 | $ 734,000 | $ 244,000 | $ 231,000 |
Lee County Florida | 3 | $ 3,745,000 | $ 1,248,000 | $ 503,000 |
Miami-Dade County Florida | 3 | $ 420,000 | $ 140,000 | $ 315,000 |
St. Louis County Missouri | 3 | $ 57,000 | $ 19,000 | $ 72,000 |
Columbia County New York | 3 | $ 366,000 | $ 122,000 | $ 152,000 |
Fulton County Pennsylvania | 3 | $ 360,000 | $ 120,000 | $ 59,000 |
Hartford County Connecticut | 2 | $ 1,046,000 | $ 523,000 | $ 35,000 |
New Haven County Connecticut | 2 | $ 190,000 | $ 95,000 | $ 56,000 |
Pinellas County Florida | 2 | $ 201,000 | $ 100,000 | $ 76,000 |
Sarasota County Florida | 2 | $ 618,000 | $ 309,000 | $ 184,000 |
Baltimore County Maryland | 2 | $ 369,000 | $ 184,000 | $ 146,000 |
Montgomery County Maryland | 2 | $ 249,000 | $ 124,000 | $ 91,000 |
St. Charles County Missouri | 2 | $ 40,000 | $ 20,000 | $ 69,000 |
Delaware County New York | 2 | $ 139,000 | $ 69,000 | $ 124,000 |
Currituck County North Carolina | 2 | $ 870,000 | $ 435,000 | $ 420,000 |
Luzerne County Pennsylvania | 2 | $ 147,000 | $ 73,000 | $ 40,000 |
Schuylkill County Pennsylvania | 2 | $ 436,000 | $ 218,000 | $ 22,000 |
York County Pennsylvania | 2 | $ 215,000 | $ 107,000 | $ 126,000 |
Bennington County Vermont | 2 | $ 546,000 | $ 273,000 | $ 208,000 |
Windham County Vermont | 2 | $ 490,000 | $ 245,000 | $ 58,000 |
Fairfax County Virginia | 2 | $ 472,000 | $ 236,000 | $ 111,000 |
Pima County Arizona | 1 | $ 27,000 | $ 27,000 | $ 65,000 |
Los Angeles County California | 1 | $ 20,000 | $ 20,000 | $ 40,000 |
San Bernardino County California | 1 | $ 450,000 | $ 450,000 | $ 120,000 |
Eagle County Colorado | 1 | $ 260,000 | $ 260,000 | $ 1,081,000 |
New London County Connecticut | 1 | $ 120,000 | $ 120,000 | $ 130,000 |
Brevard County Florida | 1 | $ 112,000 | $ 112,000 | $ 62,000 |
Broward County Florida | 1 | $ 537,000 | $ 537,000 | $ 250,000 |
Charlotte County Florida | 1 | $ 323,000 | $ 323,000 | $ 49,000 |
Indian River County Florida | 1 | $ 324,000 | $ 324,000 | $ 324,000 |
Martin County Florida | 1 | $ 116,000 | $ 116,000 | $ 35,000 |
Monroe County Florida | 1 | $ 404,000 | $ 404,000 | $ 161,000 |
Okaloosa County Florida | 1 | $ 20,000 | $ 20,000 | $ 34,000 |
Orange County Florida | 1 | $ 204,000 | $ 204,000 | $ 171,000 |
Osceola County Florida | 1 | $ 102,000 | $ 102,000 | $ 74,000 |
Pasco County Florida | 1 | $ 50,000 | $ 50,000 | $ 68,000 |
Polk County Florida | 1 | $ 38,000 | $ 38,000 | $ 70,000 |
Greene County Georgia | 1 | $ 495,000 | $ 495,000 | $ 630,000 |
Honolulu County Hawaii | 1 | $ 500,000 | $ 500,000 | $ 0 |
Cook County Illinois | 1 | $ 44,000 | $ 44,000 | $ 36,000 |
Hancock County Illinois | 1 | $ 72,000 | $ 72,000 | $ 66,000 |
Peoria County Illinois | 1 | $ 15,000 | $ 15,000 | $ 25,000 |
Hancock County Maine | 1 | $ 233,000 | $ 233,000 | $ 154,000 |
Calvert County Maryland | 1 | $ 78,000 | $ 78,000 | $ 48,000 |
Charles County Maryland | 1 | $ 131,000 | $ 131,000 | $ 41,000 |
Kent County Maryland | 1 | $ 100,000 | $ 100,000 | $ 105,000 |
Barnstable County Massachusetts | 1 | $ 200,000 | $ 200,000 | $ 61,000 |
Berkshire County Massachusetts | 1 | $ 221,000 | $ 221,000 | $ 104,000 |
Dukes County Massachusetts | 1 | $ 413,000 | $ 413,000 | $ 192,000 |
Middlesex County Massachusetts | 1 | $ 4,000 | $ 4,000 | $ 91,000 |
Norfolk County Massachusetts | 1 | $ 192,000 | $ 192,000 | $ 38,000 |
Suffolk County Massachusetts | 1 | $ 286,000 | $ 286,000 | $ 64,000 |
Worcester County Massachusetts | 1 | $ 250,000 | $ 250,000 | $ 89,000 |
Lenawee County Michigan | 1 | $ 35,000 | $ 35,000 | $ 100,000 |
Livingston County Michigan | 1 | $ 30,000 | $ 30,000 | $ 33,000 |
Wayne County Michigan | 1 | $ 550,000 | $ 550,000 | $ 1,268,000 |
DeSoto County Mississippi | 1 | $ 12,000 | $ 12,000 | $ 38,000 |
Buchanan County Missouri | 1 | $ 5,000 | $ 5,000 | $ 50,000 |
Greene County Missouri | 1 | $ 15,000 | $ 15,000 | $ 40,000 |
Jefferson County Missouri | 1 | $ 5,000 | $ 5,000 | $ 87,000 |
Lawrence County Missouri | 1 | $ 145,000 | $ 145,000 | $ 19,000 |
Randolph County Missouri | 1 | $ 4,000 | $ 4,000 | $ 30,000 |
St. Francois County Missouri | 1 | $ 2,000 | $ 2,000 | $ 16,000 |
Keith County Nebraska | 1 | $ 50,000 | $ 50,000 | $ 60,000 |
Merrimack County New Hampshire | 1 | $ 254,000 | $ 254,000 | $ 300,000 |
Albany County New York | 1 | $ 10,000 | $ 10,000 | $ 40,000 |
Cortland County New York | 1 | $ 385,000 | $ 385,000 | $ 115,000 |
Fulton County New York | 1 | $ 360,000 | $ 360,000 | $ 169,000 |
Hamilton County New York | 1 | $ 200,000 | $ 200,000 | $ 172,000 |
Jefferson County New York | 1 | $ 122,000 | $ 122,000 | $ 136,000 |
Monroe County New York | 1 | $ 100,000 | $ 100,000 | $ 84,000 |
Oneida County New York | 1 | $ 62,000 | $ 62,000 | $ 46,000 |
Otsego County New York | 1 | $ 60,000 | $ 60,000 | $ 9,000 |
Schoharie County New York | 1 | $ 100,000 | $ 100,000 | $ 72,000 |
Steuben County New York | 1 | $ 20,000 | $ 20,000 | $ 61,000 |
Warren County New York | 1 | $ 2,150,000 | $ 2,150,000 | $ 1,069,000 |
Wayne County New York | 1 | $ 17,000 | $ 17,000 | $ 19,000 |
New Hanover County North Carolina | 1 | $ 81,000 | $ 81,000 | $ 105,000 |
Northampton County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 0 |
Clark County Ohio | 1 | $ 41,000 | $ 41,000 | $ 46,000 |
Delaware County Ohio | 1 | $ 400,000 | $ 400,000 | $ 0 |
Mahoning County Ohio | 1 | $ 38,000 | $ 38,000 | $ 38,000 |
Stark County Ohio | 1 | $ 63,000 | $ 63,000 | $ 56,000 |
Kingfisher County Oklahoma | 1 | $ 93,000 | $ 93,000 | $ 40,000 |
Lane County Oregon | 1 | $ 230,000 | $ 230,000 | $ 341,000 |
Adams County Pennsylvania | 1 | $ 110,000 | $ 110,000 | $ 56,000 |
Allegheny County Pennsylvania | 1 | $ 72,000 | $ 72,000 | $ 108,000 |
Blair County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 22,000 |
Butler County Pennsylvania | 1 | $ 100,000 | $ 100,000 | $ 65,000 |
Cumberland County Pennsylvania | 1 | $ 291,000 | $ 291,000 | $ 0 |
Dauphin County Pennsylvania | 1 | $ 108,000 | $ 108,000 | $ 32,000 |
Lebanon County Pennsylvania | 1 | $ 110,000 | $ 110,000 | $ 30,000 |
Washington County Pennsylvania | 1 | $ 2,000 | $ 2,000 | $ 24,000 |
Berkeley County South Carolina | 1 | $ 124,000 | $ 124,000 | $ 163,000 |
Dorchester County South Carolina | 1 | $ 131,000 | $ 131,000 | $ 80,000 |
Kershaw County South Carolina | 1 | $ 77,000 | $ 77,000 | $ 28,000 |
Bexar County Texas | 1 | $ 70,000 | $ 70,000 | $ 240,000 |
Harrisonburg County Virginia | 1 | $ 124,000 | $ 124,000 | $ 64,000 |
King and Queen County Virginia | 1 | $ 323,000 | $ 323,000 | $ 146,000 |
Spotsylvania County Virginia | 1 | $ 146,000 | $ 146,000 | $ 47,000 |
Warren County Virginia | 1 | $ 175,000 | $ 175,000 | $ 159,000 |
Ohio County West Virginia | 1 | $ 3,000 | $ 3,000 | $ 35,000 |
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 |
---|---|---|---|---|---|---|
Refinancing (home purchase or home improvement, one-to-four family) | 9,887 | $1,758,524,000 | $252,272 | $4,800,000 | $252,590 | $3,362,000 |
Home Improvement (one-to-four family) | 5,817 | $159,423,000 | $25,545 | $5,100,000 | $82,818 | $6,847,000 |
Home Purchase (one-to-four family) | 3,498 | $681,170,000 | $163,952 | $5,500,000 | $93,857 | $8,000,000 |
Multifamily dwelling (home purchase, home improvement, and refinancings) | 63 | $137,376,000 | $1,509,000 | $20,100,000 | $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 | 15,591 | $2,238,709,000 | $191,740 | $5,500,000 | $190,111 | $8,000,000 |
Black | 991 | $71,951,000 | $116,800 | $750,000 | $107,300 | $955,000 |
Information not provided by applicant in mail or telephone application | 870 | $50,316,000 | $148,416 | $1,230,000 | $89,000 | $765,000 |
Hispanic | 798 | $66,627,000 | $114,666 | $2,000,000 | $63,166 | $989,000 |
Asian or Pacific Islander | 619 | $115,242,000 | $173,000 | $2,026,000 | $82,555 | $1,727,000 |
Other | 203 | $15,482,000 | $111,600 | $650,000 | $78,800 | $364,000 |
Not applicable | 138 | $175,245,000 | $1,157,000 | $20,100,000 | $154,750 | $2,700,000 |
American Indian or Alaskan Native | 55 | $2,921,000 | $79,000 | $264,000 | $78,000 | $240,000 |
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) | 19,087 | $2,707,391,000 | $187,206 | $20,100,000 | $177,103 | $8,000,000 |
FHA-insured (Federal Housing Administration) | 176 | $28,903,000 | $160,250 | $4,800,000 | $57,250 | $246,000 |
VA-guaranteed (Veterans Administration) | 2 | $199,000 | $99,000 | $145,000 | $60,000 | $102,000 |
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 | 12,875 | $2,023,281,000 | $247,750 | $3,500,000 | $249,800 | $8,000,000 |
Application Denied By Financial Institution | 3,380 | $197,437,000 | $58,900 | $20,100,000 | $60,100 | $6,847,000 |
Application Approved But Not Accepted | 2,496 | $358,264,000 | $213,875 | $5,500,000 | $168,750 | $3,338,000 |
Application Withdrawn By Applicant | 335 | $124,290,000 | $346,000 | $14,000,000 | $130,454 | $1,727,000 |
Loan Purchased By The Institution | 109 | $16,619,000 | $174,000 | $330,000 | $92,000 | $955,000 |
File Closed For Incompleteness | 70 | $16,602,000 | $256,000 | $2,400,000 | $135,000 | $3,162,000 |
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 |
---|---|---|---|---|---|---|
Credit History | 2,348 | $73,901,000 | $31,666 | $2,500,000 | $76,555 | $6,847,000 |
Debt-To-Income Ratio | 713 | $34,418,000 | $73,833 | $4,500,000 | $58,666 | $908,000 |
Other | 134 | $75,903,000 | $175,687 | $20,100,000 | $59,500 | $300,000 |
Collateral | 122 | $8,355,000 | $191,600 | $680,000 | $89,400 | $309,000 |
Credit Application Incomplete | 35 | $2,180,000 | $49,750 | $315,000 | $63,000 | $138,000 |
Employment History | 15 | $1,032,000 | $73,500 | $200,000 | $42,250 | $102,000 |
Unverifiable Information | 10 | $1,113,000 | $116,500 | $270,000 | $30,000 | $76,000 |
Insufficient Cash (Downpayment, Closing Cost) | 3 | $535,000 | $178,000 | $270,000 | $32,000 | $62,000 |
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.