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 Financial Freedom Mortgage, Llc.
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 | Financial Freedom Mortgage, Llc 875 Route 73 North Suite F Marlton, NJ 08053 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2022 2021 2020 2019 2018 2017 2016 |
Total Number of Mortgage Applications | 1,270 |
Total Mortgage Loan Application Amount | $301,670,000 |
Average Mortgage Loan Application Amount | $216,666 |
Highest Mortgage Loan Application Amount | $995,000 |
Average Applicant Income | $76,666 |
Highest Applicant Income | $2,000,000 |
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 |
---|---|---|---|---|
Prince George's County Maryland | 121 | $ 31,475,000 | $ 260,000 | $ 79,000 |
Baltimore County Maryland | 66 | $ 13,150,000 | $ 199,000 | $ 76,000 |
Monmouth County New Jersey | 62 | $ 17,220,000 | $ 277,000 | $ 93,000 |
Ocean County New Jersey | 62 | $ 14,140,000 | $ 228,000 | $ 76,000 |
Anne Arundel County Maryland | 59 | $ 16,515,000 | $ 279,000 | $ 79,000 |
Essex County New Jersey | 59 | $ 14,215,000 | $ 240,000 | $ 76,000 |
New Castle County Delaware | 56 | $ 8,870,000 | $ 158,000 | $ 63,000 |
Bergen County New Jersey | 55 | $ 19,045,000 | $ 346,000 | $ 139,000 |
Burlington County New Jersey | 50 | $ 10,970,000 | $ 219,000 | $ 80,000 |
Union County New Jersey | 47 | $ 13,285,000 | $ 282,000 | $ 90,000 |
Middlesex County New Jersey | 42 | $ 9,570,000 | $ 227,000 | $ 78,000 |
Montgomery County Maryland | 40 | $ 12,000,000 | $ 300,000 | $ 78,000 |
Camden County New Jersey | 38 | $ 5,840,000 | $ 153,000 | $ 68,000 |
Morris County New Jersey | 35 | $ 10,775,000 | $ 307,000 | $ 106,000 |
Baltimore City County Maryland | 30 | $ 5,080,000 | $ 169,000 | $ 57,000 |
Gloucester County New Jersey | 30 | $ 5,090,000 | $ 169,000 | $ 75,000 |
Hudson County New Jersey | 29 | $ 7,645,000 | $ 263,000 | $ 83,000 |
Sussex County Delaware | 28 | $ 5,260,000 | $ 187,000 | $ 54,000 |
Mercer County New Jersey | 28 | $ 5,490,000 | $ 196,000 | $ 80,000 |
Passaic County New Jersey | 28 | $ 7,910,000 | $ 282,000 | $ 109,000 |
Kent County Delaware | 25 | $ 4,145,000 | $ 165,000 | $ 51,000 |
Harford County Maryland | 24 | $ 5,330,000 | $ 222,000 | $ 67,000 |
Atlantic County New Jersey | 23 | $ 3,815,000 | $ 165,000 | $ 65,000 |
Cape May County New Jersey | 18 | $ 3,560,000 | $ 197,000 | $ 62,000 |
Frederick County Maryland | 17 | $ 4,675,000 | $ 275,000 | $ 89,000 |
Cumberland County New Jersey | 17 | $ 1,995,000 | $ 117,000 | $ 58,000 |
Calvert County Maryland | 15 | $ 4,635,000 | $ 309,000 | $ 89,000 |
Carroll County Maryland | 15 | $ 4,655,000 | $ 310,000 | $ 93,000 |
Somerset County New Jersey | 15 | $ 4,725,000 | $ 315,000 | $ 121,000 |
Cecil County Maryland | 14 | $ 2,850,000 | $ 203,000 | $ 59,000 |
Sussex County New Jersey | 14 | $ 3,330,000 | $ 237,000 | $ 81,000 |
Warren County New Jersey | 14 | $ 3,270,000 | $ 233,000 | $ 77,000 |
Charles County Maryland | 13 | $ 3,845,000 | $ 295,000 | $ 91,000 |
St. Mary's County Maryland | 10 | $ 2,040,000 | $ 204,000 | $ 81,000 |
Howard County Maryland | 9 | $ 3,225,000 | $ 358,000 | $ 117,000 |
Hunterdon County New Jersey | 8 | $ 1,980,000 | $ 247,000 | $ 109,000 |
Caroline County Maryland | 7 | $ 1,045,000 | $ 149,000 | $ 42,000 |
Salem County New Jersey | 7 | $ 1,235,000 | $ 176,000 | $ 54,000 |
Washington County Maryland | 6 | $ 1,060,000 | $ 176,000 | $ 86,000 |
Queen Anne's County Maryland | 5 | $ 1,245,000 | $ 249,000 | $ 88,000 |
Worcester County Maryland | 5 | $ 1,015,000 | $ 203,000 | $ 90,000 |
Wicomico County Maryland | 4 | $ 730,000 | $ 182,000 | $ 80,000 |
Allegany County Maryland | 3 | $ 595,000 | $ 198,000 | $ 69,000 |
Dorchester County Maryland | 3 | $ 435,000 | $ 145,000 | $ 50,000 |
Garrett County Maryland | 3 | $ 495,000 | $ 165,000 | $ 76,000 |
Somerset County Maryland | 3 | $ 505,000 | $ 168,000 | $ 41,000 |
Talbot County Maryland | 3 | $ 345,000 | $ 115,000 | $ 60,000 |
Kent County Maryland | 2 | $ 780,000 | $ 390,000 | $ 142,000 |
District of Columbia County District Of Columbia | 1 | $ 375,000 | $ 375,000 | $ 60,000 |
Martin County Florida | 1 | $ 185,000 | $ 185,000 | $ 90,000 |
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 |
---|---|---|---|---|---|---|
Cash-out Refinancing | 925 | $227,825,000 | $246,000 | $995,000 | $81,000 | $340,000 |
Refinancing | 254 | $57,720,000 | $227,000 | $865,000 | $89,000 | $2,000,000 |
Home Purchase | 91 | $16,125,000 | $177,000 | $555,000 | $60,000 | $160,000 |
Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Other Purpose | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 1,030 | $242,100,000 | $235,000 | $995,000 | $81,000 | $2,000,000 |
Black or African American | 176 | $42,900,000 | $243,000 | $585,000 | $83,000 | $216,000 |
Hispanic | 53 | $13,635,000 | $257,000 | $525,000 | $79,000 | $192,000 |
Asian | 9 | $2,405,000 | $267,000 | $545,000 | $65,000 | $108,000 |
American Indian or Alaskan Native | 1 | $395,000 | $395,000 | $395,000 | $83,000 | $83,000 |
Native Hawaiian or Other Pacific Islander | 1 | $235,000 | $235,000 | $235,000 | $49,000 | $49,000 |
Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Not Provided | 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 |
---|---|---|---|---|---|---|
FHA-insured (Federal Housing Administration) | 784 | $185,240,000 | $236,000 | $705,000 | $78,000 | $2,000,000 |
Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 379 | $87,265,000 | $230,000 | $995,000 | $88,000 | $826,000 |
VA-guaranteed (Veterans Administration) | 106 | $28,870,000 | $272,000 | $685,000 | $79,000 | $340,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $295,000 | $295,000 | $295,000 | $89,000 | $89,000 |
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 |
---|---|---|---|---|---|---|
Application Withdrawn By Applicant | 862 | $197,620,000 | $229,000 | $865,000 | $77,000 | $2,000,000 |
Loan Originated | 390 | $99,600,000 | $255,000 | $995,000 | $89,000 | $340,000 |
Application Approved But Not Accepted | 18 | $4,450,000 | $247,000 | $475,000 | $85,000 | $261,000 |
Application Denied By Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
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 |
---|---|---|---|---|---|---|
Not applicable | 1,270 | $301,670,000 | $237,000 | $995,000 | $81,000 | $2,000,000 |
Other | 0 | $0 | $0 | $0 | $0 | $0 |
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 |
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.