First Choice Loan Services Inc.
Mortgage Loan Application
Totals and Details
for 2020
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 First Choice Loan Services Inc..
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 | First Choice Loan Services Inc. One Tower Center, Floor #18 East Brunswick, NJ 08816 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2020 2019 |
| Total Number of Mortgage Applications | 2,545 |
| Total Mortgage Loan Application Amount | $935,265,000 |
| Average Mortgage Loan Application Amount | $322,000 |
| Highest Mortgage Loan Application Amount | $2,675,000 |
| Average Applicant Income | $164,800 |
| Highest Applicant Income | $2,431,000 |
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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| LOS ANGELES-LONG BEACH-GLENDALE, CA | 131 | $ 59,215,000 | $ 452,000 | $ 155,000 |
| PHOENIX-MESA-SCOTTSDALE, AZ | 124 | $ 42,460,000 | $ 342,000 | $ 146,000 |
| ANAHEIM-SANTA ANA-IRVINE, CA | 106 | $ 50,950,000 | $ 480,000 | $ 157,000 |
| DALLAS-PLANO-IRVING, TX | 99 | $ 31,195,000 | $ 315,000 | $ 175,000 |
| NA (OUTSIDE OF MSA/MD) | 90 | $ 28,370,000 | $ 321,392 | $ 187,555 |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA | 84 | $ 29,420,000 | $ 350,000 | $ 126,000 |
| NEW YORK-NEWARK, NY | 77 | $ 27,825,000 | $ 361,000 | $ 180,000 |
| SAN DIEGO-CARLSBAD, CA | 74 | $ 39,510,000 | $ 533,000 | $ 167,000 |
| SEATTLE-BELLEVUE-EVERETT, WA | 73 | $ 31,625,000 | $ 433,000 | $ 155,000 |
| ATLANTA-SANDY SPRINGS-ROSWELL, GA | 71 | $ 21,405,000 | $ 301,000 | $ 137,000 |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX | 70 | $ 17,060,000 | $ 243,000 | $ 106,000 |
| WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | 65 | $ 28,945,000 | $ 428,666 | $ 180,666 |
| RENO, NV | 61 | $ 19,335,000 | $ 316,000 | $ 126,000 |
| LAS VEGAS-HENDERSON-PARADISE, NV | 56 | $ 19,790,000 | $ 353,000 | $ 121,000 |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA | 50 | $ 19,550,000 | $ 380,500 | $ 158,000 |
| MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA | 49 | $ 17,845,000 | $ 364,000 | $ 162,000 |
| OAKLAND-HAYWARD-BERKELEY, CA | 46 | $ 24,830,000 | $ 539,000 | $ 161,000 |
| DENVER-AURORA-LAKEWOOD, CO | 44 | $ 17,260,000 | $ 392,000 | $ 128,000 |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI | 44 | $ 16,210,000 | $ 368,000 | $ 173,000 |
| COLUMBUS, GA-AL | 40 | $ 5,260,000 | $ 133,500 | $ 72,500 |
| SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA | 40 | $ 14,780,000 | $ 369,000 | $ 151,000 |
| CHICAGO-NAPERVILLE, IL | 36 | $ 13,420,000 | $ 372,000 | $ 201,000 |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN | 35 | $ 11,455,000 | $ 327,000 | $ 97,000 |
| FORT WORTH-ARLINGTON, TX | 28 | $ 7,990,000 | $ 285,000 | $ 114,000 |
| CAMBRIDGE-NEWTON-FRAMINGHAM, MA | 27 | $ 10,855,000 | $ 402,000 | $ 172,000 |
| TRENTON, NJ | 27 | $ 7,685,000 | $ 284,000 | $ 142,000 |
| BOSTON, MA | 26 | $ 12,780,000 | $ 491,000 | $ 176,000 |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC | 26 | $ 8,810,000 | $ 347,000 | $ 116,500 |
| AUSTIN-ROUND ROCK, TX | 25 | $ 9,265,000 | $ 370,000 | $ 163,000 |
| BALTIMORE-COLUMBIA-TOWSON, MD | 23 | $ 9,805,000 | $ 426,000 | $ 181,000 |
| NEWARK, NJ-PA | 23 | $ 8,125,000 | $ 225,000 | $ 145,000 |
| SALT LAKE CITY, UT | 23 | $ 8,465,000 | $ 368,000 | $ 137,000 |
| WARREN-TROY-FARMINGTON HILLS, MI | 22 | $ 7,470,000 | $ 339,000 | $ 157,000 |
| READING, PA | 20 | $ 2,910,000 | $ 145,000 | $ 68,000 |
| NORWICH-NEW LONDON, CT | 18 | $ 4,410,000 | $ 245,000 | $ 116,000 |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA | 18 | $ 10,770,000 | $ 598,000 | $ 182,000 |
| PHILADELPHIA, PA | 17 | $ 4,135,000 | $ 243,000 | $ 103,000 |
| RALEIGH, NC | 17 | $ 6,295,000 | $ 370,000 | $ 192,000 |
| AUBURN-OPELIKA, AL | 16 | $ 2,640,000 | $ 165,000 | $ 74,000 |
| BOISE CITY, ID | 16 | $ 5,360,000 | $ 335,000 | $ 113,000 |
| PROVO-OREM, UT | 16 | $ 5,730,000 | $ 358,000 | $ 169,000 |
| SALINAS, CA | 16 | $ 7,230,000 | $ 451,000 | $ 124,000 |
| HARTFORD-WEST HARTFORD-EAST HARTFORD, CT | 15 | $ 4,405,000 | $ 293,000 | $ 200,000 |
| VALLEJO-FAIRFIELD, CA | 15 | $ 5,615,000 | $ 374,000 | $ 242,000 |
| WASHINGTON-BALTIMORE-ARLINGTON, DC | 14 | $ 6,430,000 | $ 459,000 | $ 187,000 |
| WORCESTER, MA-CT | 14 | $ 4,490,000 | $ 320,000 | $ 154,000 |
| EUGENE, OR | 12 | $ 3,850,000 | $ 320,000 | $ 124,000 |
| SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA | 12 | $ 7,280,000 | $ 606,000 | $ 262,000 |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL | 11 | $ 2,115,000 | $ 192,000 | $ 71,000 |
| SAN ANTONIO-NEW BRAUNFELS, TX | 11 | $ 4,245,000 | $ 385,000 | $ 171,000 |
| STOCKTON-LODI, CA | 11 | $ 5,025,000 | $ 456,000 | $ 174,000 |
| URBAN HONOLULU, HI | 11 | $ 5,855,000 | $ 532,000 | $ 142,000 |
| OXNARD-THOUSAND OAKS-VENTURA, CA | 10 | $ 4,860,000 | $ 486,000 | $ 150,000 |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ | 9 | $ 2,805,000 | $ 316,000 | $ 125,000 |
| KANSAS CITY, MO-KS | 9 | $ 2,985,000 | $ 290,000 | $ 117,500 |
| NEW ORLEANS-METAIRIE, LA | 9 | $ 3,335,000 | $ 370,000 | $ 138,000 |
| OGDEN-CLEARFIELD, UT | 9 | $ 4,095,000 | $ 455,000 | $ 171,000 |
| ANCHORAGE, AK | 8 | $ 3,660,000 | $ 457,000 | $ 144,000 |
| BREMERTON-SILVERDALE, WA | 8 | $ 2,910,000 | $ 363,000 | $ 155,000 |
| BRIDGEPORT-STAMFORD-NORWALK, CT | 8 | $ 3,700,000 | $ 462,000 | $ 155,000 |
| FORT COLLINS, CO | 8 | $ 3,450,000 | $ 431,000 | $ 220,000 |
| NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ | 8 | $ 3,310,000 | $ 413,000 | $ 149,000 |
| TACOMA-LAKEWOOD, WA | 8 | $ 2,430,000 | $ 303,000 | $ 151,000 |
| CAMDEN, NJ | 7 | $ 2,395,000 | $ 342,000 | $ 143,000 |
| DETROIT-DEARBORN-LIVONIA, MI | 7 | $ 2,295,000 | $ 327,000 | $ 159,000 |
| DURHAM-CHAPEL HILL, NC | 7 | $ 2,435,000 | $ 347,000 | $ 181,000 |
| FRESNO, CA | 7 | $ 2,545,000 | $ 363,000 | $ 150,000 |
| OLYMPIA-TUMWATER, WA | 7 | $ 1,995,000 | $ 285,000 | $ 151,000 |
| SANTA FE, NM | 7 | $ 2,415,000 | $ 345,000 | $ 174,000 |
| SANTA ROSA, CA | 7 | $ 3,725,000 | $ 532,000 | $ 167,000 |
| ST. LOUIS, MO-IL | 7 | $ 2,035,000 | $ 290,000 | $ 128,000 |
| BOULDER, CO | 6 | $ 2,470,000 | $ 411,000 | $ 145,000 |
| CINCINNATI, OH-KY-IN | 6 | $ 1,870,000 | $ 317,000 | $ 144,000 |
| COEUR D'ALENE, ID | 6 | $ 2,240,000 | $ 373,000 | $ 168,000 |
| INDIANAPOLIS-CARMEL-ANDERSON, IN | 6 | $ 2,350,000 | $ 391,000 | $ 172,000 |
| JACKSONVILLE, FL | 6 | $ 1,950,000 | $ 325,000 | $ 152,000 |
| KNOXVILLE, TN | 6 | $ 1,550,000 | $ 258,000 | $ 85,000 |
| TUCSON, AZ | 6 | $ 1,760,000 | $ 293,000 | $ 176,000 |
| ALBUQUERQUE, NM | 5 | $ 1,935,000 | $ 387,000 | $ 182,000 |
| BELLINGHAM, WA | 5 | $ 1,975,000 | $ 395,000 | $ 112,000 |
| COLUMBUS, OH | 5 | $ 1,345,000 | $ 269,000 | $ 94,000 |
| ELGIN, IL | 5 | $ 1,575,000 | $ 315,000 | $ 148,000 |
| FLAGSTAFF, AZ | 5 | $ 1,835,000 | $ 367,000 | $ 112,000 |
| MEMPHIS, TN-MS-AR | 5 | $ 855,000 | $ 171,000 | $ 155,000 |
| MOBILE, AL | 5 | $ 1,215,000 | $ 243,000 | $ 149,000 |
| PITTSBURGH, PA | 5 | $ 1,875,000 | $ 375,000 | $ 178,000 |
| PRESCOTT VALLEY-PRESCOTT, AZ | 5 | $ 1,315,000 | $ 263,000 | $ 140,000 |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 5 | $ 1,665,000 | $ 333,000 | $ 137,000 |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC | 5 | $ 1,515,000 | $ 356,000 | $ 156,000 |
| BEND-REDMOND, OR | 4 | $ 2,640,000 | $ 660,000 | $ 136,000 |
| BIRMINGHAM-HOOVER, AL | 4 | $ 1,310,000 | $ 327,000 | $ 105,000 |
| CHICO, CA | 4 | $ 1,460,000 | $ 365,000 | $ 107,000 |
| LAKE COUNTY-KENOSHA COUNTY, IL-WI | 4 | $ 2,050,000 | $ 513,000 | $ 220,000 |
| NAPA, CA | 4 | $ 1,910,000 | $ 477,000 | $ 138,000 |
| NORTH PORT-SARASOTA-BRADENTON, FL | 4 | $ 1,170,000 | $ 292,000 | $ 88,000 |
| SALISBURY, MD-DE | 4 | $ 1,010,000 | $ 252,000 | $ 148,000 |
| SAN RAFAEL, CA | 4 | $ 2,280,000 | $ 570,000 | $ 214,000 |
| SPOKANE-SPOKANE VALLEY, WA | 4 | $ 1,560,000 | $ 390,000 | $ 236,000 |
| ST. GEORGE, UT | 4 | $ 1,340,000 | $ 335,000 | $ 96,000 |
| WILMINGTON, DE-MD-NJ | 4 | $ 1,580,000 | $ 395,000 | $ 195,000 |
| ANN ARBOR, MI | 3 | $ 1,085,000 | $ 361,000 | $ 214,000 |
| BAKERSFIELD, CA | 3 | $ 1,235,000 | $ 411,000 | $ 219,000 |
| CARSON CITY, NV | 3 | $ 755,000 | $ 251,000 | $ 81,000 |
| CHARLESTON-NORTH CHARLESTON, SC | 3 | $ 885,000 | $ 295,000 | $ 279,000 |
| CHATTANOOGA, TN-GA | 3 | $ 725,000 | $ 241,000 | $ 188,000 |
| FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL | 3 | $ 785,000 | $ 261,000 | $ 144,000 |
| GREENSBORO-HIGH POINT, NC | 3 | $ 995,000 | $ 331,000 | $ 136,000 |
| GREENVILLE-ANDERSON-MAULDIN, SC | 3 | $ 785,000 | $ 261,000 | $ 133,000 |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN | 3 | $ 855,000 | $ 285,000 | $ 134,000 |
| MILWAUKEE-WAUKESHA-WEST ALLIS, WI | 3 | $ 1,215,000 | $ 405,000 | $ 187,000 |
| MODESTO, CA | 3 | $ 1,055,000 | $ 351,000 | $ 188,000 |
| NEW HAVEN-MILFORD, CT | 3 | $ 845,000 | $ 281,000 | $ 115,000 |
| OMAHA-COUNCIL BLUFFS, NE-IA | 3 | $ 1,185,000 | $ 395,000 | $ 153,000 |
| ORLANDO-KISSIMMEE-SANFORD, FL | 3 | $ 1,155,000 | $ 385,000 | $ 121,000 |
| ROCHESTER, MN | 3 | $ 1,205,000 | $ 401,000 | $ 165,000 |
| SALEM, OR | 3 | $ 895,000 | $ 298,000 | $ 155,000 |
| SANTA CRUZ-WATSONVILLE, CA | 3 | $ 1,715,000 | $ 571,000 | $ 161,000 |
| SANTA MARIA-SANTA BARBARA, CA | 3 | $ 1,225,000 | $ 408,000 | $ 166,000 |
| VISALIA-PORTERVILLE, CA | 3 | $ 1,325,000 | $ 441,000 | $ 116,000 |
| WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL | 3 | $ 1,415,000 | $ 471,000 | $ 188,000 |
| YAKIMA, WA | 3 | $ 945,000 | $ 315,000 | $ 135,000 |
| AMARILLO, TX | 2 | $ 710,000 | $ 355,000 | $ 130,000 |
| ATHENS-CLARKE COUNTY, GA | 2 | $ 640,000 | $ 320,000 | $ 36,000 |
| CAPE CORAL-FORT MYERS, FL | 2 | $ 720,000 | $ 360,000 | $ 143,000 |
| CASPER, WY | 2 | $ 410,000 | $ 205,000 | $ 115,000 |
| CHARLOTTESVILLE, VA | 2 | $ 780,000 | $ 390,000 | $ 149,000 |
| CLEVELAND-ELYRIA, OH | 2 | $ 530,000 | $ 265,000 | $ 101,000 |
| FAIRBANKS, AK | 2 | $ 510,000 | $ 255,000 | $ 127,000 |
| FAYETTEVILLE, NC | 2 | $ 410,000 | $ 205,000 | $ 0 |
| GARY, IN | 2 | $ 300,000 | $ 150,000 | $ 151,000 |
| GRAND RAPIDS-WYOMING, MI | 2 | $ 680,000 | $ 340,000 | $ 258,000 |
| GREELEY, CO | 2 | $ 440,000 | $ 220,000 | $ 60,000 |
| HANFORD-CORCORAN, CA | 2 | $ 650,000 | $ 325,000 | $ 99,000 |
| HUNTSVILLE, AL | 2 | $ 410,000 | $ 205,000 | $ 88,000 |
| KAHULUI-WAILUKU-LAHAINA, HI | 2 | $ 990,000 | $ 495,000 | $ 114,000 |
| KENNEWICK-RICHLAND, WA | 2 | $ 630,000 | $ 315,000 | $ 101,000 |
| LAKELAND-WINTER HAVEN, FL | 2 | $ 410,000 | $ 205,000 | $ 74,000 |
| MADISON, WI | 2 | $ 870,000 | $ 435,000 | $ 191,000 |
| MCALLEN-EDINBURG-MISSION, TX | 2 | $ 410,000 | $ 205,000 | $ 97,000 |
| MEDFORD, OR | 2 | $ 710,000 | $ 355,000 | $ 168,000 |
| MERCED, CA | 2 | $ 480,000 | $ 240,000 | $ 108,000 |
| MIAMI-MIAMI BEACH-KENDALL, FL | 2 | $ 930,000 | $ 465,000 | $ 237,000 |
| MIDLAND, TX | 2 | $ 1,000,000 | $ 500,000 | $ 185,000 |
| PANAMA CITY, FL | 2 | $ 530,000 | $ 265,000 | $ 160,000 |
| PROVIDENCE-WARWICK, RI-MA | 2 | $ 940,000 | $ 470,000 | $ 115,500 |
| REDDING, CA | 2 | $ 700,000 | $ 350,000 | $ 89,000 |
| SAN LUIS OBISPO-PASO ROBLES-ARROYO GRANDE, CA | 2 | $ 930,000 | $ 465,000 | $ 195,000 |
| SAVANNAH, GA | 2 | $ 520,000 | $ 260,000 | $ 112,000 |
| SPRINGFIELD, MA | 2 | $ 490,000 | $ 245,000 | $ 75,000 |
| WILLIAMSPORT, PA | 2 | $ 260,000 | $ 130,000 | $ 48,000 |
| ALBANY, OR | 1 | $ 325,000 | $ 325,000 | $ 78,000 |
| BATON ROUGE, LA | 1 | $ 345,000 | $ 345,000 | $ 103,000 |
| BILLINGS, MT | 1 | $ 215,000 | $ 215,000 | $ 162,000 |
| COLUMBIA, SC | 1 | $ 505,000 | $ 505,000 | $ 243,000 |
| DAYTON-SPRINGFIELD-KETTERING, OH | 1 | $ 315,000 | $ 315,000 | $ 247,000 |
| DECATUR, AL | 1 | $ 115,000 | $ 115,000 | $ 41,000 |
| DOVER, DE | 1 | $ 425,000 | $ 425,000 | $ 700,000 |
| EAU CLAIRE, WI | 1 | $ 425,000 | $ 425,000 | $ 217,000 |
| EL PASO, TX | 1 | $ 225,000 | $ 225,000 | $ 53,000 |
| HAMMOND, LA | 1 | $ 155,000 | $ 155,000 | $ 49,000 |
| HOUMA-THIBODAUX, LA | 1 | $ 515,000 | $ 515,000 | $ 343,000 |
| KILLEEN-TEMPLE, TX | 1 | $ 255,000 | $ 255,000 | $ 88,000 |
| LAKE HAVASU CITY-KINGMAN, AZ | 1 | $ 225,000 | $ 225,000 | $ 109,000 |
| LAREDO, TX | 1 | $ 165,000 | $ 165,000 | $ 115,000 |
| LEBANON, PA | 1 | $ 135,000 | $ 135,000 | $ 106,000 |
| LUBBOCK, TX | 1 | $ 155,000 | $ 155,000 | $ 0 |
| MADERA, CA | 1 | $ 205,000 | $ 205,000 | $ 186,000 |
| MANCHESTER-NASHUA, NH | 1 | $ 335,000 | $ 335,000 | $ 175,000 |
| MISSOULA, MT | 1 | $ 285,000 | $ 285,000 | $ 0 |
| MONTGOMERY, AL | 1 | $ 245,000 | $ 245,000 | $ 57,000 |
| MOUNT VERNON-ANACORTES, WA | 1 | $ 595,000 | $ 595,000 | $ 203,000 |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC | 1 | $ 305,000 | $ 305,000 | $ 123,000 |
| NAPLES-IMMOKALEE-MARCO ISLAND, FL | 1 | $ 375,000 | $ 375,000 | $ 144,000 |
| OCEAN CITY, NJ | 1 | $ 125,000 | $ 125,000 | $ 57,000 |
| OKLAHOMA CITY, OK | 1 | $ 235,000 | $ 235,000 | $ 160,000 |
| PALM BAY-MELBOURNE-TITUSVILLE, FL | 1 | $ 305,000 | $ 305,000 | $ 141,000 |
| PENSACOLA-FERRY PASS-BRENT, FL | 1 | $ 155,000 | $ 155,000 | $ 52,000 |
| POCATELLO, ID | 1 | $ 225,000 | $ 225,000 | $ 118,000 |
| PORT ST. LUCIE, FL | 1 | $ 165,000 | $ 165,000 | $ 31,000 |
| PORTLAND-SOUTH PORTLAND, ME | 1 | $ 235,000 | $ 235,000 | $ 151,000 |
| PUNTA GORDA, FL | 1 | $ 295,000 | $ 295,000 | $ 89,000 |
| RICHMOND, VA | 1 | $ 295,000 | $ 295,000 | $ 98,000 |
| ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH | 1 | $ 85,000 | $ 85,000 | $ 196,000 |
| SOUTH BEND-MISHAWAKA, IN-MI | 1 | $ 145,000 | $ 145,000 | $ 193,000 |
| TOLEDO, OH | 1 | $ 495,000 | $ 495,000 | $ 292,000 |
| TULSA, OK | 1 | $ 195,000 | $ 195,000 | $ 89,000 |
| VALDOSTA, GA | 1 | $ 135,000 | $ 135,000 | $ 65,000 |
| WACO, TX | 1 | $ 315,000 | $ 315,000 | $ 134,000 |
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 First Choice Loan Services Inc. in 2020
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 | 1,292 | $512,740,000 | $396,000 | $1,755,000 | $164,000 | $2,280,000 |
| Home Purchase | 776 | $246,440,000 | $317,000 | $2,675,000 | $124,000 | $2,401,000 |
| Cash-out Refinancing | 445 | $168,555,000 | $378,000 | $1,755,000 | $147,000 | $1,709,000 |
| Other Purpose | 27 | $6,055,000 | $224,000 | $685,000 | $253,000 | $2,431,000 |
| Home Improvement | 5 | $1,475,000 | $295,000 | $515,000 | $136,000 | $198,000 |
| Not Applicable | 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 | 1,282 | $470,910,000 | $367,000 | $2,675,000 | $150,000 | $2,431,000 |
| Not Provided | 663 | $257,255,000 | $388,000 | $1,755,000 | $162,000 | $2,401,000 |
| Asian | 234 | $96,170,000 | $410,000 | $975,000 | $161,000 | $700,000 |
| Hispanic | 214 | $65,670,000 | $306,000 | $795,000 | $110,000 | $407,000 |
| Black or African American | 118 | $30,500,000 | $258,000 | $1,105,000 | $92,000 | $475,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $1,825,000 | $365,000 | $455,000 | $145,000 | $215,000 |
| American Indian or Alaskan Native | 4 | $1,000,000 | $250,000 | $365,000 | $114,000 | $187,000 |
| 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) | 2,200 | $836,700,000 | $380,000 | $2,675,000 | $158,000 | $2,431,000 |
| FHA-insured (Federal Housing Administration) | 193 | $42,755,000 | $221,000 | $675,000 | $76,000 | $456,000 |
| VA-guaranteed (Veterans Administration) | 144 | $54,370,000 | $377,000 | $855,000 | $107,000 | $330,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 8 | $1,440,000 | $180,000 | $285,000 | $66,000 | $95,000 |
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 |
|---|---|---|---|---|---|---|
| Loan Originated | 1,684 | $604,120,000 | $358,000 | $1,205,000 | $146,000 | $2,401,000 |
| Application Withdrawn By Applicant | 502 | $195,280,000 | $389,000 | $2,675,000 | $159,000 | $2,431,000 |
| Application Approved But Not Accepted | 208 | $74,220,000 | $356,000 | $1,275,000 | $144,000 | $695,000 |
| Application Denied By Financial Institution | 88 | $36,360,000 | $413,000 | $2,005,000 | $136,000 | $1,250,000 |
| File Closed For Incompleteness | 62 | $25,230,000 | $406,000 | $1,305,000 | $188,000 | $1,188,000 |
| Preapproval Denied by Financial Institution | 1 | $55,000 | $55,000 | $55,000 | $11,000 | $11,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 2,456 | $898,850,000 | $365,000 | $2,675,000 | $150,000 | $2,431,000 |
| Other | 43 | $20,155,000 | $468,000 | $2,005,000 | $175,000 | $1,250,000 |
| Debt-To-Income Ratio | 26 | $10,530,000 | $405,000 | $1,285,000 | $101,000 | $252,000 |
| Collateral | 10 | $3,300,000 | $330,000 | $555,000 | $112,000 | $182,000 |
| Credit History | 6 | $1,190,000 | $198,000 | $425,000 | $59,000 | $114,000 |
| Employment History | 2 | $460,000 | $230,000 | $305,000 | $41,000 | $41,000 |
| Credit Application Incomplete | 1 | $205,000 | $205,000 | $205,000 | $39,000 | $39,000 |
| Unverifiable Information | 1 | $575,000 | $575,000 | $575,000 | $159,000 | $159,000 |
| 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.