Commerce Bank, Na
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 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 28,373
Total Mortgage Loan Application Amount $3,524,838,000
Average Mortgage Loan Application Amount $164,724
Highest Mortgage Loan Application Amount $26,000,000
Average Applicant Income $123,310
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 Metropolitan Area in 2005

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
CAMDEN, NJ 6,896 $ 517,155,000 $ 74,000 $ 86,000
PHILADELPHIA, PA 6,193 $ 551,971,000 $ 89,000 $ 84,000
EDISON, NJ 4,569 $ 594,994,000 $ 130,000 $ 98,000
NEW YORK-WAYNE-WHITE PLAINS, NY-NJ 2,537 $ 594,263,000 $ 234,000 $ 131,000
NASSAU-SUFFOLK, NY 1,460 $ 252,600,000 $ 173,000 $ 114,000
ATLANTIC CITY, NJ 1,400 $ 148,422,000 $ 106,000 $ 82,000
NEWARK-UNION, NJ-PA 1,351 $ 206,942,000 $ 153,000 $ 104,000
WILMINGTON, DE-MD-NJ 762 $ 51,747,000 $ 67,000 $ 77,000
OCEAN CITY, NJ 500 $ 127,170,000 $ 254,000 $ 158,000
TRENTON-EWING, NJ 438 $ 48,677,000 $ 111,000 $ 88,000
VINELAND-MILLVILLE-BRIDGETON, NJ 347 $ 20,487,000 $ 59,000 $ 54,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 147 $ 12,134,000 $ 82,000 $ 75,000
DOVER, DE 118 $ 7,268,000 $ 61,000 $ 59,000
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 59 $ 10,707,000 $ 181,000 $ 112,000
READING, PA 53 $ 4,427,000 $ 83,000 $ 63,000
BRIDGEPORT-STAMFORD-NORWALK, CT 49 $ 16,861,000 $ 344,000 $ 129,000
BALTIMORE-TOWSON, MD 39 $ 4,546,000 $ 116,000 $ 80,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 32 $ 12,234,000 $ 382,000 $ 225,000
CAPE CORAL-FORT MYERS, FL 18 $ 4,908,000 $ 272,000 $ 140,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 17 $ 3,783,000 $ 222,000 $ 261,000
ALBANY-SCHENECTADY-TROY, NY 15 $ 1,846,000 $ 123,000 $ 106,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 14 $ 4,103,000 $ 293,000 $ 149,000
NAPLES-MARCO ISLAND, FL 14 $ 6,273,000 $ 448,000 $ 287,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 14 $ 2,353,000 $ 168,000 $ 153,000
MIAMI-MIAMI BEACH-KENDALL, FL 13 $ 6,150,000 $ 473,000 $ 354,000
HARRISBURG-CARLISLE, PA 11 $ 833,000 $ 75,000 $ 82,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 11 $ 21,593,000 $ 1,963,000 $ 1,234,000
NEW HAVEN-MILFORD, CT 11 $ 835,000 $ 75,000 $ 98,000
ORLANDO, FL 11 $ 2,446,000 $ 222,000 $ 183,000
SCRANTON--WILKES-BARRE, PA 11 $ 834,000 $ 75,000 $ 76,000
YORK-HANOVER, PA 11 $ 704,000 $ 64,000 $ 88,000
LANCASTER, PA 10 $ 911,000 $ 91,000 $ 98,000
KINGSTON, NY 9 $ 964,000 $ 107,000 $ 119,000
PORT ST. LUCIE-FORT PIERCE, FL 8 $ 3,804,000 $ 475,000 $ 251,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 8 $ 1,536,000 $ 192,000 $ 140,000
BOSTON-QUINCY, MA 7 $ 2,212,000 $ 316,000 $ 188,000
BUFFALO-NIAGARA FALLS, NY 7 $ 413,000 $ 59,000 $ 83,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC 6 $ 991,000 $ 165,000 $ 228,000
SARASOTA-BRADENTON-VENICE, FL 6 $ 3,359,000 $ 559,000 $ 329,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 5 $ 1,253,000 $ 250,000 $ 149,000
OCALA, FL 5 $ 358,000 $ 71,000 $ 41,000
PITTSBURGH, PA 5 $ 451,000 $ 90,000 $ 169,000
RICHMOND, VA 5 $ 1,792,000 $ 358,000 $ 185,000
BETHESDA-FREDERICK-GAITHERSBURG, MD 4 $ 730,000 $ 182,000 $ 63,000
CINCINNATI-MIDDLETOWN, OH-KY-IN 4 $ 128,000 $ 32,000 $ 47,000
PHOENIX-MESA-SCOTTSDALE, AZ 4 $ 891,000 $ 222,000 $ 179,000
SALISBURY, MD 4 $ 215,000 $ 53,000 $ 110,000
SAN DIEGO-CARLSBAD-SAN MARCOS, CA 4 $ 1,202,000 $ 300,000 $ 175,000
ST. LOUIS, MO-IL 4 $ 235,000 $ 58,000 $ 46,000
STATE COLLEGE, PA 4 $ 1,022,000 $ 255,000 $ 194,000
CHARLESTON-NORTH CHARLESTON, SC 3 $ 304,000 $ 101,000 $ 211,000
ERIE, PA 3 $ 122,000 $ 40,000 $ 98,000
GLENS FALLS, NY 3 $ 303,000 $ 101,000 $ 87,000
HOLLAND-GRAND HAVEN, MI 3 $ 378,000 $ 126,000 $ 69,000
OAKLAND-FREMONT-HAYWARD, CA 3 $ 1,052,000 $ 350,000 $ 113,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 3 $ 748,000 $ 249,000 $ 268,000
PUNTA GORDA, FL 3 $ 540,000 $ 180,000 $ 105,000
ROCHESTER, NY 3 $ 446,000 $ 148,000 $ 35,000
SANTA ANA-ANAHEIM-IRVINE, CA 3 $ 551,000 $ 183,000 $ 93,000
ATLANTA-SANDY SPRINGS-MARIETTA, GA 2 $ 175,000 $ 87,000 $ 37,000
BARNSTABLE TOWN, MA 2 $ 434,000 $ 217,000 $ 94,000
BEAUMONT-PORT ARTHUR, TX 2 $ 119,000 $ 59,000 $ 180,000
CHICAGO-NAPERVILLE-JOLIET, IL 2 $ 1,026,000 $ 513,000 $ 520,000
GREENVILLE, SC 2 $ 355,000 $ 177,000 $ 98,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 2 $ 285,000 $ 142,000 $ 47,000
KANSAS CITY, MO-KS 2 $ 9,000 $ 4,000 $ 28,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 2 $ 221,000 $ 110,000 $ 71,000
LAKELAND, FL 2 $ 73,000 $ 36,000 $ 39,000
LEBANON, PA 2 $ 314,000 $ 157,000 $ 37,000
PINE BLUFF, AR 2 $ 89,000 $ 44,000 $ 35,000
PORTLAND-VANCOUVER-BEAVERTON, OR-WA 2 $ 246,000 $ 123,000 $ 56,000
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA 2 $ 900,000 $ 450,000 $ 188,000
RALEIGH-CARY, NC 2 $ 669,000 $ 334,000 $ 642,000
SALINAS, CA 2 $ 1,008,000 $ 504,000 $ 222,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 2 $ 305,000 $ 152,000 $ 56,000
WICHITA, KS 2 $ 22,000 $ 11,000 $ 77,000
WILMINGTON, NC 2 $ 225,000 $ 112,000 $ 177,000
AKRON, OH 1 $ 51,000 $ 51,000 $ 42,000
ANDERSON, IN 1 $ 54,000 $ 54,000 $ 32,000
AUBURN-OPELIKA, AL 1 $ 24,000 $ 24,000 $ 21,000
AUSTIN-ROUND ROCK, TX 1 $ 30,000 $ 30,000 $ 42,000
BINGHAMTON, NY 1 $ 35,000 $ 35,000 $ 28,000
BIRMINGHAM-HOOVER, AL 1 $ 54,000 $ 54,000 $ 55,000
BISMARCK, ND 1 $ 18,000 $ 18,000 $ 31,000
BREMERTON-SILVERDALE, WA 1 $ 190,000 $ 190,000 $ 48,000
BURLINGTON-SOUTH BURLINGTON, VT 1 $ 20,000 $ 20,000 $ 70,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 1 $ 540,000 $ 540,000 $ 197,000
CANTON-MASSILLON, OH 1 $ 5,000 $ 5,000 $ 15,000
CARSON CITY, NV 1 $ 20,000 $ 20,000 $ 88,000
CHARLOTTE-GASTONIA-CONCORD, NC-SC 1 $ 155,000 $ 155,000 $ 79,000
CHARLOTTESVILLE, VA 1 $ 336,000 $ 336,000 $ 347,000
DALLAS-PLANO-IRVING, TX 1 $ 75,000 $ 75,000 $ 60,000
EUGENE-SPRINGFIELD, OR 1 $ 20,000 $ 20,000 $ 40,000
FAYETTEVILLE, NC 1 $ 40,000 $ 40,000 $ 84,000
FORT SMITH, AR-OK 1 $ 6,000 $ 6,000 $ 0
FRESNO, CA 1 $ 110,000 $ 110,000 $ 35,000
GAINESVILLE, FL 1 $ 120,000 $ 120,000 $ 319,000
HATTIESBURG, MS 1 $ 15,000 $ 15,000 $ 42,000
HUNTSVILLE, AL 1 $ 115,000 $ 115,000 $ 60,000
JACKSONVILLE, NC 1 $ 60,000 $ 60,000 $ 62,000
JOHNSTOWN, PA 1 $ 69,000 $ 69,000 $ 87,000
KALAMAZOO-PORTAGE, MI 1 $ 45,000 $ 45,000 $ 21,000
LANSING-EAST LANSING, MI 1 $ 30,000 $ 30,000 $ 79,000
LAS VEGAS-PARADISE, NV 1 $ 393,000 $ 393,000 $ 94,000
MEMPHIS, TN-MS-AR 1 $ 75,000 $ 75,000 $ 36,000
MIDLAND, TX 1 $ 15,000 $ 15,000 $ 30,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 1 $ 75,000 $ 75,000 $ 65,000
MONROE, MI 1 $ 180,000 $ 180,000 $ 48,000
NEW ORLEANS-METAIRIE-KENNER, LA 1 $ 83,000 $ 83,000 $ 18,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 1 $ 172,000 $ 172,000 $ 212,000
ROANOKE, VA 1 $ 50,000 $ 50,000 $ 46,000
SALT LAKE CITY, UT 1 $ 81,000 $ 81,000 $ 34,000
SAN ANTONIO, TX 1 $ 48,000 $ 48,000 $ 45,000
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 1 $ 35,000 $ 35,000 $ 157,000
SAN JUAN-CAGUAS-GUAYNABO, PR 1 $ 38,000 $ 38,000 $ 42,000
SEATTLE-BELLEVUE-EVERETT, WA 1 $ 90,000 $ 90,000 $ 36,000
SPRINGFIELD, MO 1 $ 12,000 $ 12,000 $ 25,000
STOCKTON, CA 1 $ 27,000 $ 27,000 $ 45,000
TACOMA, WA 1 $ 69,000 $ 69,000 $ 54,000
TUCSON, AZ 1 $ 118,000 $ 118,000 $ 125,000
TULSA, OK 1 $ 25,000 $ 25,000 $ 162,000
UTICA-ROME, NY 1 $ 52,000 $ 52,000 $ 80,000
VERO BEACH, FL 1 $ 48,000 $ 48,000 $ 84,000
WICHITA FALLS, TX 1 $ 65,000 $ 65,000 $ 42,000
WILLIAMSPORT, PA 1 $ 90,000 $ 90,000 $ 48,000
WORCESTER, MA 1 $ 25,000 $ 25,000 $ 45,000
YAKIMA, WA 1 $ 90,000 $ 90,000 $ 30,000

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 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
Home Improvement 14,332 $592,585,000 $44,000 $950,000 $80,625 $2,135,000
Refinancing 7,476 $1,336,725,000 $220,291 $6,500,000 $145,958 $8,400,000
Home Purchase 6,565 $1,595,528,000 $204,820 $26,000,000 $135,641 $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 20,080 $2,477,399,000 $193,261 $12,000,000 $122,000 $7,652,000
Not Provided 2,745 $378,285,000 $151,035 $5,500,000 $78,321 $4,205,000
Black or African American 2,170 $160,958,000 $223,846 $2,100,000 $769,461 $8,400,000
Hispanic 1,724 $157,020,000 $82,928 $2,250,000 $75,642 $1,616,000
Asian 1,081 $172,290,000 $213,714 $5,775,000 $150,857 $1,713,000
Not applicable 369 $163,338,000 $561,285 $26,000,000 $819,571 $9,999,000
American Indian or Alaskan Native 123 $7,472,000 $43,000 $363,000 $72,600 $611,000
Native Hawaiian or Other Pacific Islander 81 $8,076,000 $144,800 $600,000 $88,600 $261,000

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) 28,265 $3,507,724,000 $169,068 $26,000,000 $122,113 $9,999,000
FHA-insured (Federal Housing Administration) 97 $16,198,000 $171,800 $412,000 $53,000 $155,000
VA-guaranteed (Veterans Administration) 11 $916,000 $83,000 $174,000 $17,000 $68,000
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 16,131 $2,458,540,000 $372,040 $26,000,000 $264,360 $9,999,000
Application Denied By Financial Institution 8,112 $511,470,000 $70,825 $6,000,000 $64,400 $1,440,000
Application Approved But Not Accepted 3,522 $408,550,000 $142,200 $2,870,000 $115,133 $3,794,000
Loan Purchased By The Institution 376 $65,574,000 $166,250 $690,000 $69,500 $684,000
Application Withdrawn By Applicant 202 $67,628,000 $393,000 $9,000,000 $595,750 $3,700,000
File Closed For Incompleteness 15 $9,273,000 $587,666 $2,700,000 $147,666 $708,000
Preapproval Denied by Financial Institution 15 $3,803,000 $253,000 $480,000 $62,000 $101,000
Preapproval Approved but not Accepted 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
Credit History 5,147 $229,772,000 $75,566 $4,000,000 $60,600 $1,440,000
Debt-To-Income Ratio 1,967 $169,579,000 $92,304 $4,900,000 $50,217 $1,113,000
Other 488 $45,111,000 $80,925 $3,550,000 $75,555 $1,146,000
Collateral 355 $45,408,000 $140,500 $6,000,000 $111,500 $900,000
Unverifiable Information 63 $12,363,000 $161,750 $2,350,000 $102,500 $504,000
Credit Application Incomplete 58 $4,419,000 $66,666 $350,000 $46,333 $368,000
Employment History 32 $2,666,000 $77,750 $688,000 $61,250 $223,000
Insufficient Cash (Downpayment, Closing Cost) 15 $3,194,000 $189,000 $1,152,000 $76,500 $457,000
Mortgage Insurance Denied 2 $2,761,000 $1,380,000 $2,457,000 $728,000 $1,244,000

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.

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