Commerce Bank, Na
Mortgage Loan Application
Totals and Details
for 2007

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 32,649
Total Mortgage Loan Application Amount $3,474,322,000
Average Mortgage Loan Application Amount $133,000
Highest Mortgage Loan Application Amount $7,000,000
Average Applicant Income $109,000
Highest Applicant Income $9,999,000

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.

Mortgage Loan Application Totals for Commerce Bank, Na by County in 2007

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 2,916 $ 206,352,000 $ 70,000 $ 85,000
Ocean County New Jersey 2,400 $ 230,953,000 $ 96,000 $ 90,000
Philadelphia County Pennsylvania 2,181 $ 153,139,000 $ 70,000 $ 69,000
Gloucester County New Jersey 1,817 $ 122,203,000 $ 67,000 $ 93,000
Burlington County New Jersey 1,725 $ 148,081,000 $ 85,000 $ 105,000
Delaware County Pennsylvania 1,357 $ 99,197,000 $ 73,000 $ 88,000
Montgomery County Pennsylvania 1,351 $ 142,054,000 $ 105,000 $ 121,000
Atlantic County New Jersey 1,320 $ 106,104,000 $ 80,000 $ 84,000
Nassau County New York 1,277 $ 182,717,000 $ 143,000 $ 124,000
Bucks County Pennsylvania 1,210 $ 109,963,000 $ 90,000 $ 103,000
Monmouth County New Jersey 1,184 $ 139,968,000 $ 118,000 $ 123,000
Suffolk County New York 1,002 $ 136,691,000 $ 136,000 $ 127,000
Queens County New York 953 $ 117,698,000 $ 123,000 $ 93,000
New Castle County Delaware 944 $ 53,355,000 $ 56,000 $ 80,000
Middlesex County New Jersey 886 $ 87,795,000 $ 99,000 $ 100,000
Kings County New York 728 $ 108,613,000 $ 149,000 $ 92,000
Richmond County New York 650 $ 74,321,000 $ 114,000 $ 95,000
Chester County Pennsylvania 563 $ 60,866,000 $ 108,000 $ 131,000
Union County New Jersey 515 $ 57,077,000 $ 110,000 $ 133,000
Cape May County New Jersey 514 $ 89,431,000 $ 173,000 $ 158,000
Mercer County New Jersey 459 $ 49,916,000 $ 108,000 $ 98,000
Morris County New Jersey 459 $ 57,876,000 $ 126,000 $ 128,000
Somerset County New Jersey 410 $ 50,240,000 $ 122,000 $ 124,000
New York County New York 384 $ 138,688,000 $ 361,000 $ 256,000
Palm Beach County Florida 361 $ 70,428,000 $ 195,000 $ 151,000
Westchester County New York 361 $ 63,829,000 $ 176,000 $ 140,000
Cumberland County New Jersey 347 $ 22,614,000 $ 65,000 $ 62,000
Bronx County New York 336 $ 28,565,000 $ 85,000 $ 71,000
Hunterdon County New Jersey 260 $ 29,559,000 $ 113,000 $ 117,000
Bergen County New Jersey 198 $ 59,779,000 $ 301,000 $ 155,000
Essex County New Jersey 192 $ 40,542,000 $ 211,000 $ 106,000
Rockland County New York 165 $ 20,827,000 $ 126,000 $ 116,000
Fairfield County Connecticut 149 $ 36,806,000 $ 247,000 $ 315,000
Kent County Delaware 149 $ 9,987,000 $ 67,000 $ 63,000
Northampton County Pennsylvania 143 $ 11,941,000 $ 83,000 $ 86,000
Lehigh County Pennsylvania 141 $ 8,789,000 $ 62,000 $ 76,000
Broward County Florida 139 $ 22,679,000 $ 163,000 $ 133,000
Salem County New Jersey 121 $ 7,873,000 $ 65,000 $ 83,000
Sussex County New Jersey 121 $ 16,075,000 $ 132,000 $ 109,000
Passaic County New Jersey 113 $ 29,920,000 $ 264,000 $ 95,000
Hudson County New Jersey 111 $ 23,737,000 $ 213,000 $ 145,000
Prince William County Virginia 102 $ 8,945,000 $ 87,000 $ 108,000
Warren County New Jersey 99 $ 9,193,000 $ 92,000 $ 87,000
Fairfax County Virginia 97 $ 13,393,000 $ 138,000 $ 163,000
Berks County Pennsylvania 79 $ 7,415,000 $ 93,000 $ 71,000
Prince George's County Maryland 59 $ 4,864,000 $ 82,000 $ 79,000
Orange County New York 52 $ 6,344,000 $ 122,000 $ 98,000
New Haven County Connecticut 51 $ 4,877,000 $ 95,000 $ 91,000
Monroe County Pennsylvania 48 $ 3,630,000 $ 75,000 $ 102,000
Miami-Dade County Florida 47 $ 15,676,000 $ 333,000 $ 228,000
Montgomery County Maryland 41 $ 5,526,000 $ 134,000 $ 125,000
Sussex County Delaware 38 $ 5,299,000 $ 139,000 $ 103,000
Putnam County New York 33 $ 3,963,000 $ 120,000 $ 141,000
District of Columbia County District Of Columbia 31 $ 6,694,000 $ 215,000 $ 141,000
Stafford County Virginia 29 $ 1,668,000 $ 57,000 $ 71,000
Cecil County Maryland 27 $ 2,336,000 $ 86,000 $ 81,000
Loudoun County Virginia 21 $ 4,526,000 $ 215,000 $ 131,000
Lee County Florida 19 $ 3,180,000 $ 167,000 $ 218,000
Collier County Florida 18 $ 6,128,000 $ 340,000 $ 343,000
Lancaster County Pennsylvania 18 $ 1,705,000 $ 94,000 $ 96,000
Pike County Pennsylvania 18 $ 1,446,000 $ 80,000 $ 78,000
Alexandria County Virginia 18 $ 4,420,000 $ 245,000 $ 161,000
Carbon County Pennsylvania 17 $ 1,739,000 $ 102,000 $ 93,000
Osceola County Florida 15 $ 1,819,000 $ 121,000 $ 124,000
Dauphin County Pennsylvania 14 $ 1,497,000 $ 106,000 $ 69,000
Manassas County Virginia 14 $ 502,000 $ 35,000 $ 65,000
St. Lucie County Florida 13 $ 2,445,000 $ 188,000 $ 176,000
Lackawanna County Pennsylvania 13 $ 1,073,000 $ 82,000 $ 99,000
Luzerne County Pennsylvania 12 $ 1,554,000 $ 129,000 $ 86,000
Manassas Park County Virginia 12 $ 1,530,000 $ 127,000 $ 98,000
Orange County Florida 11 $ 1,580,000 $ 143,000 $ 99,000
Sarasota County Florida 11 $ 2,920,000 $ 265,000 $ 208,000
Dutchess County New York 11 $ 941,000 $ 85,000 $ 72,000
Baltimore County Maryland 10 $ 4,130,000 $ 413,000 $ 134,000
Baltimore City County Maryland 10 $ 1,831,000 $ 183,000 $ 163,000
Greene County New York 10 $ 1,538,000 $ 153,000 $ 129,000
Pinellas County Florida 9 $ 1,108,000 $ 123,000 $ 174,000
Sullivan County New York 9 $ 976,000 $ 108,000 $ 168,000
Ulster County New York 9 $ 1,830,000 $ 203,000 $ 159,000
York County Pennsylvania 9 $ 731,000 $ 81,000 $ 64,000
Horry County South Carolina 9 $ 1,538,000 $ 170,000 $ 95,000
Arlington County Virginia 9 $ 1,987,000 $ 220,000 $ 293,000
Worcester County Maryland 8 $ 636,000 $ 79,000 $ 116,000
Martin County Florida 7 $ 1,568,000 $ 224,000 $ 133,000
St. Louis County Missouri 7 $ 164,000 $ 23,000 $ 60,000
Delaware County New York 7 $ 635,000 $ 90,000 $ 107,000
Fauquier County Virginia 7 $ 1,325,000 $ 189,000 $ 62,000
Pasco County Florida 6 $ 551,000 $ 91,000 $ 112,000
Albany County New York 6 $ 253,000 $ 42,000 $ 120,000
Litchfield County Connecticut 5 $ 190,000 $ 38,000 $ 102,000
Hillsborough County Florida 5 $ 1,929,000 $ 385,000 $ 193,000
Volusia County Florida 5 $ 414,000 $ 82,000 $ 83,000
Anne Arundel County Maryland 5 $ 1,322,000 $ 264,000 $ 284,000
Charles County Maryland 5 $ 260,000 $ 52,000 $ 73,000
Plymouth County Massachusetts 5 $ 561,000 $ 112,000 $ 83,000
Schenectady County New York 5 $ 367,000 $ 73,000 $ 51,000
Centre County Pennsylvania 5 $ 673,000 $ 134,000 $ 187,000
Spotsylvania County Virginia 5 $ 164,000 $ 32,000 $ 61,000
Maricopa County Arizona 4 $ 500,000 $ 125,000 $ 101,000
Brevard County Florida 4 $ 185,000 $ 46,000 $ 96,000
Sumter County Florida 4 $ 917,000 $ 229,000 $ 185,000
Columbia County New York 4 $ 1,202,000 $ 300,000 $ 140,000
Warren County New York 4 $ 995,000 $ 248,000 $ 197,000
Mecklenburg County North Carolina 4 $ 843,000 $ 210,000 $ 115,000
Cumberland County Pennsylvania 4 $ 487,000 $ 121,000 $ 89,000
Chesterfield County Virginia 4 $ 1,410,000 $ 352,000 $ 125,000
Hartford County Connecticut 3 $ 315,000 $ 105,000 $ 143,000
Middlesex County Connecticut 3 $ 321,000 $ 107,000 $ 97,000
Charlotte County Florida 3 $ 507,000 $ 169,000 $ 214,000
Citrus County Florida 3 $ 197,000 $ 65,000 $ 192,000
Indian River County Florida 3 $ 495,000 $ 165,000 $ 92,000
Lake County Florida 3 $ 765,000 $ 255,000 $ 136,000
Leon County Florida 3 $ 110,000 $ 36,000 $ 62,000
Marion County Florida 3 $ 317,000 $ 105,000 $ 114,000
Polk County Florida 3 $ 206,000 $ 68,000 $ 49,000
DeKalb County Georgia 3 $ 77,000 $ 25,000 $ 51,000
Frederick County Maryland 3 $ 461,000 $ 153,000 $ 77,000
Broome County New York 3 $ 300,000 $ 100,000 $ 92,000
Schuylkill County Pennsylvania 3 $ 48,000 $ 16,000 $ 45,000
Susquehanna County Pennsylvania 3 $ 618,000 $ 206,000 $ 342,000
Wayne County Pennsylvania 3 $ 291,000 $ 97,000 $ 124,000
Louisa County Virginia 3 $ 415,000 $ 138,000 $ 70,000
Los Angeles County California 2 $ 6,970,000 $ 3,485,000 $ 1,648,000
Duval County Florida 2 $ 90,000 $ 45,000 $ 55,000
Flagler County Florida 2 $ 195,000 $ 97,000 $ 110,000
Hernando County Florida 2 $ 552,000 $ 276,000 $ 116,000
Manatee County Florida 2 $ 509,000 $ 254,000 $ 77,000
Monroe County Florida 2 $ 300,000 $ 150,000 $ 69,000
Seminole County Florida 2 $ 167,000 $ 83,000 $ 183,000
Fulton County Georgia 2 $ 225,000 $ 112,000 $ 116,000
Cook County Illinois 2 $ 231,000 $ 115,000 $ 431,000
York County Maine 2 $ 330,000 $ 165,000 $ 324,000
Calvert County Maryland 2 $ 155,000 $ 77,000 $ 138,000
Harford County Maryland 2 $ 123,000 $ 61,000 $ 56,000
Somerset County Maryland 2 $ 48,000 $ 24,000 $ 67,000
Middlesex County Massachusetts 2 $ 352,000 $ 176,000 $ 617,000
Suffolk County Massachusetts 2 $ 74,000 $ 37,000 $ 170,000
Grafton County New Hampshire 2 $ 125,000 $ 62,000 $ 98,000
Erie County New York 2 $ 60,000 $ 30,000 $ 70,000
Hamilton County New York 2 $ 442,000 $ 221,000 $ 240,000
Niagara County New York 2 $ 50,000 $ 25,000 $ 93,000
Oneida County New York 2 $ 80,000 $ 40,000 $ 79,000
Onondaga County New York 2 $ 23,000 $ 11,000 $ 147,000
Otsego County New York 2 $ 116,000 $ 58,000 $ 230,000
Saratoga County New York 2 $ 40,000 $ 20,000 $ 57,000
Brunswick County North Carolina 2 $ 135,000 $ 67,000 $ 39,000
Henderson County North Carolina 2 $ 303,000 $ 151,000 $ 53,000
Allegheny County Pennsylvania 2 $ 338,000 $ 169,000 $ 62,000
Cambria County Pennsylvania 2 $ 113,000 $ 56,000 $ 71,000
Columbia County Pennsylvania 2 $ 262,000 $ 131,000 $ 88,000
Lebanon County Pennsylvania 2 $ 144,000 $ 72,000 $ 90,000
Lycoming County Pennsylvania 2 $ 210,000 $ 105,000 $ 180,000
Tioga County Pennsylvania 2 $ 115,000 $ 57,000 $ 19,000
Providence County Rhode Island 2 $ 304,000 $ 152,000 $ 141,000
Spartanburg County South Carolina 2 $ 271,000 $ 135,000 $ 35,000
Gloucester County Virginia 2 $ 208,000 $ 104,000 $ 153,000
Suffolk County Virginia 2 $ 422,000 $ 211,000 $ 152,000
Mohave County Arizona 1 $ 85,000 $ 85,000 $ 98,000
Amador County California 1 $ 500,000 $ 500,000 $ 0
El Dorado County California 1 $ 525,000 $ 525,000 $ 0
San Diego County California 1 $ 250,000 $ 250,000 $ 110,000
Santa Clara County California 1 $ 249,000 $ 249,000 $ 100,000
Tulare County California 1 $ 280,000 $ 280,000 $ 100,000
Denver County Colorado 1 $ 262,000 $ 262,000 $ 159,000
Douglas County Colorado 1 $ 850,000 $ 850,000 $ 140,000
Mesa County Colorado 1 $ 40,000 $ 40,000 $ 43,000
Tolland County Connecticut 1 $ 45,000 $ 45,000 $ 118,000
Pike County Georgia 1 $ 50,000 $ 50,000 $ 42,000
Honolulu County Hawaii 1 $ 50,000 $ 50,000 $ 26,000
Clinton County Illinois 1 $ 40,000 $ 40,000 $ 55,000
DuPage County Illinois 1 $ 5,000 $ 5,000 $ 21,000
Mason County Illinois 1 $ 10,000 $ 10,000 $ 228,000
Scott County Illinois 1 $ 6,000 $ 6,000 $ 35,000
Porter County Indiana 1 $ 608,000 $ 608,000 $ 0
Crawford County Kansas 1 $ 60,000 $ 60,000 $ 30,000
Johnson County Kansas 1 $ 15,000 $ 15,000 $ 90,000
Cumberland County Maine 1 $ 205,000 $ 205,000 $ 55,000
Allegany County Maryland 1 $ 40,000 $ 40,000 $ 148,000
Caroline County Maryland 1 $ 1,000 $ 1,000 $ 53,000
Washington County Maryland 1 $ 95,000 $ 95,000 $ 36,000
Wicomico County Maryland 1 $ 191,000 $ 191,000 $ 48,000
Norfolk County Massachusetts 1 $ 270,000 $ 270,000 $ 50,000
Worcester County Massachusetts 1 $ 15,000 $ 15,000 $ 64,000
Eaton County Michigan 1 $ 85,000 $ 85,000 $ 61,000
Kent County Michigan 1 $ 20,000 $ 20,000 $ 49,000
Wayne County Michigan 1 $ 5,000 $ 5,000 $ 50,000
Winston County Mississippi 1 $ 25,000 $ 25,000 $ 28,000
Dade County Missouri 1 $ 40,000 $ 40,000 $ 53,000
Jackson County Missouri 1 $ 70,000 $ 70,000 $ 135,000
St. Charles County Missouri 1 $ 20,000 $ 20,000 $ 97,000
Clark County Nevada 1 $ 292,000 $ 292,000 $ 75,000
Livingston County New York 1 $ 15,000 $ 15,000 $ 70,000
Madison County New York 1 $ 50,000 $ 50,000 $ 36,000
Yates County New York 1 $ 110,000 $ 110,000 $ 120,000
Alamance County North Carolina 1 $ 48,000 $ 48,000 $ 90,000
Buncombe County North Carolina 1 $ 182,000 $ 182,000 $ 102,000
Cleveland County North Carolina 1 $ 10,000 $ 10,000 $ 26,000
Cumberland County North Carolina 1 $ 1,000 $ 1,000 $ 15,000
Guilford County North Carolina 1 $ 4,000 $ 4,000 $ 55,000
Moore County North Carolina 1 $ 153,000 $ 153,000 $ 51,000
Nash County North Carolina 1 $ 133,000 $ 133,000 $ 75,000
Robeson County North Carolina 1 $ 10,000 $ 10,000 $ 65,000
Rutherford County North Carolina 1 $ 95,000 $ 95,000 $ 57,000
Wayne County North Carolina 1 $ 15,000 $ 15,000 $ 14,000
Clermont County Ohio 1 $ 10,000 $ 10,000 $ 45,000
Hamilton County Ohio 1 $ 67,000 $ 67,000 $ 63,000
Washington County Ohio 1 $ 60,000 $ 60,000 $ 180,000
Umatilla County Oregon 1 $ 1,000 $ 1,000 $ 0
Beaver County Pennsylvania 1 $ 1,000 $ 1,000 $ 21,000
Blair County Pennsylvania 1 $ 10,000 $ 10,000 $ 72,000
Bradford County Pennsylvania 1 $ 182,000 $ 182,000 $ 184,000
Erie County Pennsylvania 1 $ 25,000 $ 25,000 $ 31,000
Fayette County Pennsylvania 1 $ 10,000 $ 10,000 $ 18,000
Huntingdon County Pennsylvania 1 $ 10,000 $ 10,000 $ 67,000
Juniata County Pennsylvania 1 $ 68,000 $ 68,000 $ 87,000
Mifflin County Pennsylvania 1 $ 72,000 $ 72,000 $ 0
Northumberland County Pennsylvania 1 $ 25,000 $ 25,000 $ 81,000
Sullivan County Pennsylvania 1 $ 26,000 $ 26,000 $ 98,000
Venango County Pennsylvania 1 $ 30,000 $ 30,000 $ 37,000
Warren County Pennsylvania 1 $ 200,000 $ 200,000 $ 185,000
Washington County Pennsylvania 1 $ 2,000 $ 2,000 $ 22,000
Penuelas County Puerto Rico 1 $ 25,000 $ 25,000 $ 80,000
Washington County Rhode Island 1 $ 500,000 $ 500,000 $ 476,000
Bradley County Tennessee 1 $ 96,000 $ 96,000 $ 111,000
Montgomery County Tennessee 1 $ 1,000 $ 1,000 $ 30,000
Putnam County Tennessee 1 $ 50,000 $ 50,000 $ 73,000
Brazoria County Texas 1 $ 10,000 $ 10,000 $ 3,000
Midland County Texas 1 $ 45,000 $ 45,000 $ 53,000
Emery County Utah 1 $ 25,000 $ 25,000 $ 54,000
Chittenden County Vermont 1 $ 200,000 $ 200,000 $ 37,000
Accomack County Virginia 1 $ 100,000 $ 100,000 $ 88,000
Albemarle County Virginia 1 $ 18,000 $ 18,000 $ 60,000
Augusta County Virginia 1 $ 100,000 $ 100,000 $ 147,000
Danville County Virginia 1 $ 16,000 $ 16,000 $ 75,000
Fairfax City County Virginia 1 $ 45,000 $ 45,000 $ 101,000
Floyd County Virginia 1 $ 162,000 $ 162,000 $ 65,000
Fluvanna County Virginia 1 $ 181,000 $ 181,000 $ 49,000
Frederick County Virginia 1 $ 262,000 $ 262,000 $ 270,000
Mecklenburg County Virginia 1 $ 200,000 $ 200,000 $ 100,000
Newport News County Virginia 1 $ 300,000 $ 300,000 $ 100,000
Norfolk County Virginia 1 $ 75,000 $ 75,000 $ 101,000
Northampton County Virginia 1 $ 465,000 $ 465,000 $ 124,000
Portsmouth County Virginia 1 $ 30,000 $ 30,000 $ 75,000
Richmond City County Virginia 1 $ 100,000 $ 100,000 $ 110,000
Rockingham County Virginia 1 $ 283,000 $ 283,000 $ 91,000
Virginia Beach County Virginia 1 $ 150,000 $ 150,000 $ 153,000
Warren County Virginia 1 $ 75,000 $ 75,000 $ 109,000
King County Washington 1 $ 30,000 $ 30,000 $ 35,000
Berkeley County West Virginia 1 $ 32,000 $ 32,000 $ 103,000
Jefferson County West Virginia 1 $ 30,000 $ 30,000 $ 77,000

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 Commerce Bank, Na in 2007

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 Improvement 17,104 $863,424,000 $50,000 $5,000,000 $90,000 $3,329,000
Refinancing 9,711 $1,431,612,000 $147,000 $6,880,000 $120,000 $9,999,000
Home Purchase 5,834 $1,179,286,000 $202,000 $7,000,000 $117,000 $9,999,000

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 21,728 $2,344,228,000 $107,000 $6,920,000 $110,000 $9,999,000
Not Provided 4,217 $478,537,000 $113,000 $6,500,000 $115,000 $9,999,000
Black or African American 2,636 $187,289,000 $71,000 $1,100,000 $67,000 $1,104,000
Hispanic 2,408 $220,317,000 $91,000 $3,400,000 $73,000 $949,000
Asian 1,310 $171,962,000 $131,000 $1,340,000 $104,000 $1,317,000
American Indian or Alaskan Native 132 $10,717,000 $81,000 $700,000 $86,000 $518,000
Native Hawaiian or Other Pacific Islander 127 $11,161,000 $87,000 $600,000 $85,000 $670,000
Not applicable 91 $50,111,000 $550,000 $7,000,000 $13,000 $188,000

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) 32,483 $3,438,685,000 $105,000 $7,000,000 $104,000 $9,999,000
FHA-insured (Federal Housing Administration) 166 $35,637,000 $214,000 $536,000 $73,000 $222,000
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 16,022 $1,868,990,000 $116,000 $6,920,000 $116,000 $9,999,000
Application Denied By Financial Institution 12,357 $938,879,000 $75,000 $6,000,000 $80,000 $2,870,000
Application Approved But Not Accepted 3,429 $471,830,000 $137,000 $4,300,000 $122,000 $9,770,000
Application Withdrawn By Applicant 583 $126,895,000 $217,000 $7,000,000 $153,000 $9,999,000
Loan Purchased By The Institution 109 $22,314,000 $204,000 $546,000 $79,000 $515,000
File Closed For Incompleteness 77 $30,064,000 $390,000 $3,500,000 $169,000 $1,104,000
Preapproval Denied by Financial Institution 70 $14,946,000 $213,000 $700,000 $66,000 $176,000
Preapproval Approved but not Accepted 2 $404,000 $202,000 $309,000 $48,000 $50,000

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 6,921 $350,887,000 $50,000 $6,000,000 $71,000 $2,870,000
Debt-To-Income Ratio 2,974 $296,753,000 $99,000 $6,000,000 $74,000 $1,039,000
Collateral 1,240 $168,012,000 $135,000 $3,240,000 $121,000 $1,437,000
Other 916 $89,404,000 $97,000 $1,800,000 $101,000 $800,000
Unverifiable Information 209 $32,049,000 $153,000 $975,000 $151,000 $2,580,000
Employment History 85 $8,779,000 $103,000 $1,000,000 $69,000 $900,000
Credit Application Incomplete 60 $4,347,000 $72,000 $500,000 $63,000 $237,000
Insufficient Cash (Downpayment, Closing Cost) 21 $3,564,000 $169,000 $417,000 $73,000 $226,000
Mortgage Insurance Denied 1 $30,000 $30,000 $30,000 $188,000 $188,000

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.

Download the New Jersey Lender List