Financial Resources Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2009
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 Resources Federal Credit Union.
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 Resources Federal Credit Union 520 Route 22 E Bridgewater, NJ 08807 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 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,073 |
| Total Mortgage Loan Application Amount | $212,617,000 |
| Average Mortgage Loan Application Amount | $182,000 |
| Highest Mortgage Loan Application Amount | $945,000 |
| Average Applicant Income | $146,000 |
| Highest Applicant Income | $1,248,000 |
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 |
|---|---|---|---|---|
| Somerset County New Jersey | 190 | $ 38,368,000 | $ 201,000 | $ 158,000 |
| Hunterdon County New Jersey | 137 | $ 28,951,000 | $ 211,000 | $ 167,000 |
| Middlesex County New Jersey | 99 | $ 17,510,000 | $ 176,000 | $ 140,000 |
| Bucks County Pennsylvania | 75 | $ 15,274,000 | $ 203,000 | $ 162,000 |
| Montgomery County Pennsylvania | 71 | $ 12,929,000 | $ 182,000 | $ 149,000 |
| Mercer County New Jersey | 39 | $ 7,866,000 | $ 201,000 | $ 162,000 |
| Bernalillo County New Mexico | 34 | $ 5,095,000 | $ 149,000 | $ 66,000 |
| Monmouth County New Jersey | 28 | $ 5,919,000 | $ 211,000 | $ 161,000 |
| Northampton County Pennsylvania | 26 | $ 3,351,000 | $ 128,000 | $ 99,000 |
| Bristol County Massachusetts | 22 | $ 4,227,000 | $ 192,000 | $ 117,000 |
| Union County New Jersey | 19 | $ 4,171,000 | $ 219,000 | $ 168,000 |
| Plymouth County Massachusetts | 18 | $ 3,425,000 | $ 190,000 | $ 155,000 |
| Norfolk County Massachusetts | 16 | $ 4,142,000 | $ 258,000 | $ 191,000 |
| Burlington County New Jersey | 15 | $ 3,159,000 | $ 210,000 | $ 136,000 |
| Ocean County New Jersey | 15 | $ 3,371,000 | $ 224,000 | $ 169,000 |
| Warren County Ohio | 15 | $ 3,194,000 | $ 212,000 | $ 214,000 |
| Warren County New Jersey | 14 | $ 2,836,000 | $ 202,000 | $ 177,000 |
| Clermont County Ohio | 14 | $ 1,923,000 | $ 137,000 | $ 123,000 |
| Hamilton County Ohio | 14 | $ 2,150,000 | $ 153,000 | $ 224,000 |
| Morris County New Jersey | 13 | $ 1,819,000 | $ 139,000 | $ 171,000 |
| Butler County Ohio | 13 | $ 2,106,000 | $ 162,000 | $ 142,000 |
| Philadelphia County Pennsylvania | 13 | $ 2,909,000 | $ 223,000 | $ 123,000 |
| Chester County Pennsylvania | 9 | $ 2,267,000 | $ 251,000 | $ 141,000 |
| Bergen County New Jersey | 7 | $ 1,868,000 | $ 266,000 | $ 191,000 |
| Essex County New Jersey | 7 | $ 1,449,000 | $ 207,000 | $ 189,000 |
| Hudson County New Jersey | 7 | $ 2,669,000 | $ 381,000 | $ 192,000 |
| Cape May County New Jersey | 6 | $ 1,895,000 | $ 315,000 | $ 259,000 |
| Passaic County New Jersey | 6 | $ 1,217,000 | $ 202,000 | $ 213,000 |
| Middlesex County Massachusetts | 5 | $ 694,000 | $ 138,000 | $ 175,000 |
| Santa Clara County California | 4 | $ 1,522,000 | $ 380,000 | $ 242,000 |
| Delaware County Pennsylvania | 4 | $ 774,000 | $ 193,000 | $ 134,000 |
| Providence County Rhode Island | 4 | $ 416,000 | $ 104,000 | $ 103,000 |
| Orange County California | 3 | $ 1,550,000 | $ 516,000 | $ 278,000 |
| District of Columbia County District Of Columbia | 3 | $ 811,000 | $ 270,000 | $ 104,000 |
| Broward County Florida | 3 | $ 445,000 | $ 148,000 | $ 165,000 |
| Lake County Illinois | 3 | $ 528,000 | $ 176,000 | $ 163,000 |
| Atlantic County New Jersey | 3 | $ 300,000 | $ 100,000 | $ 126,000 |
| Camden County New Jersey | 3 | $ 508,000 | $ 169,000 | $ 118,000 |
| Sussex County New Jersey | 3 | $ 452,000 | $ 150,000 | $ 106,000 |
| Sandoval County New Mexico | 3 | $ 163,000 | $ 54,000 | $ 69,000 |
| Valencia County New Mexico | 3 | $ 468,000 | $ 156,000 | $ 121,000 |
| Lehigh County Pennsylvania | 3 | $ 490,000 | $ 163,000 | $ 165,000 |
| Maricopa County Arizona | 2 | $ 348,000 | $ 174,000 | $ 88,000 |
| Los Angeles County California | 2 | $ 830,000 | $ 415,000 | $ 214,000 |
| San Francisco County California | 2 | $ 587,000 | $ 293,000 | $ 143,000 |
| Fairfield County Connecticut | 2 | $ 435,000 | $ 217,000 | $ 114,000 |
| Hartford County Connecticut | 2 | $ 288,000 | $ 144,000 | $ 96,000 |
| Tolland County Connecticut | 2 | $ 811,000 | $ 405,000 | $ 233,000 |
| Dearborn County Indiana | 2 | $ 210,000 | $ 105,000 | $ 149,000 |
| Hamilton County Indiana | 2 | $ 50,000 | $ 25,000 | $ 182,000 |
| Marion County Indiana | 2 | $ 421,000 | $ 210,000 | $ 128,000 |
| Boone County Kentucky | 2 | $ 445,000 | $ 222,000 | $ 91,000 |
| Sagadahoc County Maine | 2 | $ 229,000 | $ 114,000 | $ 47,000 |
| Baltimore County Maryland | 2 | $ 390,000 | $ 195,000 | $ 209,000 |
| Hillsborough County New Hampshire | 2 | $ 542,000 | $ 271,000 | $ 163,000 |
| Rockingham County New Hampshire | 2 | $ 300,000 | $ 150,000 | $ 166,000 |
| Erie County New York | 2 | $ 192,000 | $ 96,000 | $ 157,000 |
| Rockland County New York | 2 | $ 74,000 | $ 37,000 | $ 159,000 |
| Pender County North Carolina | 2 | $ 633,000 | $ 316,000 | $ 147,000 |
| Union County North Carolina | 2 | $ 484,000 | $ 242,000 | $ 127,000 |
| Horry County South Carolina | 2 | $ 243,000 | $ 121,000 | $ 122,000 |
| Pinal County Arizona | 1 | $ 417,000 | $ 417,000 | $ 163,000 |
| Washington County Arkansas | 1 | $ 192,000 | $ 192,000 | $ 89,000 |
| Alameda County California | 1 | $ 250,000 | $ 250,000 | $ 180,000 |
| San Diego County California | 1 | $ 28,000 | $ 28,000 | $ 139,000 |
| San Joaquin County California | 1 | $ 305,000 | $ 305,000 | $ 152,000 |
| San Luis Obispo County California | 1 | $ 150,000 | $ 150,000 | $ 98,000 |
| Arapahoe County Colorado | 1 | $ 75,000 | $ 75,000 | $ 270,000 |
| New Haven County Connecticut | 1 | $ 216,000 | $ 216,000 | $ 101,000 |
| Clay County Florida | 1 | $ 285,000 | $ 285,000 | $ 106,000 |
| Palm Beach County Florida | 1 | $ 200,000 | $ 200,000 | $ 280,000 |
| Pinellas County Florida | 1 | $ 125,000 | $ 125,000 | $ 28,000 |
| Sarasota County Florida | 1 | $ 55,000 | $ 55,000 | $ 20,000 |
| Cobb County Georgia | 1 | $ 256,000 | $ 256,000 | $ 151,000 |
| Columbia County Georgia | 1 | $ 130,000 | $ 130,000 | $ 199,000 |
| Forsyth County Georgia | 1 | $ 180,000 | $ 180,000 | $ 233,000 |
| Fulton County Georgia | 1 | $ 257,000 | $ 257,000 | $ 160,000 |
| Gwinnett County Georgia | 1 | $ 250,000 | $ 250,000 | $ 126,000 |
| Will County Illinois | 1 | $ 163,000 | $ 163,000 | $ 80,000 |
| Cumberland County Maine | 1 | $ 262,000 | $ 262,000 | $ 269,000 |
| Cecil County Maryland | 1 | $ 150,000 | $ 150,000 | $ 57,000 |
| Frederick County Maryland | 1 | $ 200,000 | $ 200,000 | $ 283,000 |
| Howard County Maryland | 1 | $ 136,000 | $ 136,000 | $ 123,000 |
| Worcester County Maryland | 1 | $ 260,000 | $ 260,000 | $ 191,000 |
| Barnstable County Massachusetts | 1 | $ 100,000 | $ 100,000 | $ 120,000 |
| Suffolk County Massachusetts | 1 | $ 356,000 | $ 356,000 | $ 243,000 |
| Kent County Michigan | 1 | $ 140,000 | $ 140,000 | $ 198,000 |
| Gloucester County New Jersey | 1 | $ 350,000 | $ 350,000 | $ 170,000 |
| Santa Fe County New Mexico | 1 | $ 280,000 | $ 280,000 | $ 139,000 |
| Kings County New York | 1 | $ 265,000 | $ 265,000 | $ 115,000 |
| Niagara County New York | 1 | $ 96,000 | $ 96,000 | $ 185,000 |
| Warren County New York | 1 | $ 344,000 | $ 344,000 | $ 209,000 |
| Carteret County North Carolina | 1 | $ 220,000 | $ 220,000 | $ 74,000 |
| Allegheny County Pennsylvania | 1 | $ 310,000 | $ 310,000 | $ 36,000 |
| Carbon County Pennsylvania | 1 | $ 315,000 | $ 315,000 | $ 490,000 |
| Cumberland County Pennsylvania | 1 | $ 215,000 | $ 215,000 | $ 1,111,000 |
| Erie County Pennsylvania | 1 | $ 407,000 | $ 407,000 | $ 130,000 |
| Lancaster County Pennsylvania | 1 | $ 160,000 | $ 160,000 | $ 118,000 |
| Wayne County Pennsylvania | 1 | $ 20,000 | $ 20,000 | $ 28,000 |
| Newport County Rhode Island | 1 | $ 314,000 | $ 314,000 | $ 277,000 |
| Lexington County South Carolina | 1 | $ 417,000 | $ 417,000 | $ 298,000 |
| Richland County South Carolina | 1 | $ 215,000 | $ 215,000 | $ 103,000 |
| Spartanburg County South Carolina | 1 | $ 84,000 | $ 84,000 | $ 58,000 |
| Rutherford County Tennessee | 1 | $ 84,000 | $ 84,000 | $ 104,000 |
| Shelby County Tennessee | 1 | $ 233,000 | $ 233,000 | $ 94,000 |
| Chesterfield County Virginia | 1 | $ 150,000 | $ 150,000 | $ 57,000 |
| King County Washington | 1 | $ 307,000 | $ 307,000 | $ 291,000 |
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 Financial Resources Federal Credit Union in 2009
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 | 830 | $182,865,000 | $220,000 | $945,000 | $159,000 | $1,248,000 |
| Home Improvement | 181 | $14,490,000 | $80,000 | $400,000 | $141,000 | $665,000 |
| Home Purchase | 62 | $15,262,000 | $246,000 | $417,000 | $138,000 | $359,000 |
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 | 582 | $118,704,000 | $203,000 | $945,000 | $160,000 | $1,248,000 |
| Not Provided | 309 | $54,148,000 | $175,000 | $885,000 | $152,000 | $1,016,000 |
| Asian | 98 | $21,367,000 | $218,000 | $750,000 | $152,000 | $497,000 |
| Hispanic | 41 | $9,331,000 | $227,000 | $525,000 | $129,000 | $281,000 |
| Black or African American | 39 | $8,125,000 | $208,000 | $448,000 | $140,000 | $362,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $430,000 | $215,000 | $370,000 | $154,000 | $216,000 |
| American Indian or Alaskan Native | 2 | $512,000 | $256,000 | $320,000 | $89,000 | $118,000 |
| Not applicable | 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) | 1,073 | $212,617,000 | $198,000 | $945,000 | $155,000 | $1,248,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 458 | $85,012,000 | $185,000 | $570,000 | $156,000 | $828,000 |
| Application Denied By Financial Institution | 355 | $76,580,000 | $215,000 | $900,000 | $152,000 | $1,248,000 |
| Application Withdrawn By Applicant | 149 | $26,783,000 | $179,000 | $945,000 | $156,000 | $565,000 |
| File Closed For Incompleteness | 103 | $23,612,000 | $229,000 | $750,000 | $163,000 | $1,016,000 |
| Application Approved But Not Accepted | 8 | $630,000 | $78,000 | $215,000 | $137,000 | $243,000 |
| 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 | 84 | $18,056,000 | $214,000 | $520,000 | $159,000 | $828,000 |
| Credit Application Incomplete | 74 | $18,524,000 | $250,000 | $500,000 | $170,000 | $1,248,000 |
| Debt-To-Income Ratio | 57 | $9,267,000 | $162,000 | $417,000 | $92,000 | $335,000 |
| Collateral | 55 | $12,544,000 | $228,000 | $900,000 | $170,000 | $449,000 |
| Credit History | 27 | $5,768,000 | $213,000 | $448,000 | $175,000 | $1,111,000 |
| Unverifiable Information | 5 | $743,000 | $148,000 | $340,000 | $102,000 | $217,000 |
| Employment History | 4 | $634,000 | $158,000 | $413,000 | $90,000 | $198,000 |
| Mortgage Insurance Denied | 2 | $577,000 | $288,000 | $417,000 | $140,000 | $217,000 |
| 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.