Lakeland Bank
Mortgage Loan Application
Totals and Details
for 2017

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 Lakeland Bank.
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 Lakeland Bank
250 Oak Ridge Rd
Oak Ridge, NJ 07438
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 819
Total Mortgage Loan Application Amount $406,113,000
Average Mortgage Loan Application Amount $489,333
Highest Mortgage Loan Application Amount $14,000,000
Average Applicant Income $105,000
Highest Applicant Income $1,669,000

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 Lakeland Bank by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Sussex County New Jersey 212 $ 29,723,000 $ 140,000 $ 100,000
Passaic County New Jersey 117 $ 30,142,000 $ 257,000 $ 101,000
Morris County New Jersey 113 $ 33,860,000 $ 299,000 $ 181,000
Bergen County New Jersey 85 $ 35,376,000 $ 416,000 $ 102,000
Ocean County New Jersey 54 $ 36,311,000 $ 672,000 $ 98,000
Essex County New Jersey 43 $ 52,152,000 $ 1,212,000 $ 51,000
Hudson County New Jersey 28 $ 43,010,000 $ 1,536,000 $ 23,000
Monmouth County New Jersey 24 $ 21,352,000 $ 889,000 $ 165,000
Union County New Jersey 23 $ 14,652,000 $ 637,000 $ 101,000
Somerset County New Jersey 13 $ 11,264,000 $ 866,000 $ 136,000
Warren County New Jersey 11 $ 12,777,000 $ 1,161,000 $ 56,000
Orange County New York 11 $ 3,749,000 $ 340,000 $ 41,000
Pike County Pennsylvania 11 $ 607,000 $ 55,000 $ 65,000
Middlesex County New Jersey 7 $ 5,643,000 $ 806,000 $ 23,000
Kings County New York 7 $ 10,695,000 $ 1,527,000 $ 0
Rockland County New York 7 $ 3,701,000 $ 528,000 $ 75,000
Mercer County New Jersey 6 $ 4,681,000 $ 780,000 $ 30,000
Hunterdon County New Jersey 4 $ 1,958,000 $ 489,000 $ 161,000
Dutchess County New York 3 $ 9,295,000 $ 3,098,000 $ 27,000
New York County New York 3 $ 13,350,000 $ 4,450,000 $ 0
Queens County New York 3 $ 6,029,000 $ 2,009,000 $ 102,000
Hillsborough County Florida 2 $ 1,174,000 $ 587,000 $ 171,000
Lee County Florida 2 $ 522,000 $ 261,000 $ 305,000
Burlington County New Jersey 2 $ 345,000 $ 172,000 $ 51,000
Miami-Dade County Florida 1 $ 424,000 $ 424,000 $ 93,000
Monroe County Florida 1 $ 610,000 $ 610,000 $ 372,000
Greene County New York 1 $ 105,000 $ 105,000 $ 78,000
Sullivan County New York 1 $ 650,000 $ 650,000 $ 0
Westchester County New York 1 $ 1,500,000 $ 1,500,000 $ 0
Bucks County Pennsylvania 1 $ 650,000 $ 650,000 $ 252,000
Lehigh County Pennsylvania 1 $ 14,000,000 $ 14,000,000 $ 0
Monroe County Pennsylvania 1 $ 41,000 $ 41,000 $ 50,000
Northampton County Pennsylvania 1 $ 20,000 $ 20,000 $ 84,000
Philadelphia County Pennsylvania 1 $ 250,000 $ 250,000 $ 596,000
Horry County South Carolina 1 $ 175,000 $ 175,000 $ 76,000

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 Lakeland Bank in 2017

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 Purchase 308 $181,857,000 $590,000 $14,000,000 $115,000 $1,669,000
Refinancing 258 $97,856,000 $379,000 $11,500,000 $112,000 $955,000
Home Improvement 253 $126,400,000 $499,000 $12,730,000 $88,000 $680,000

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 532 $100,755,000 $189,000 $1,070,000 $141,000 $1,669,000
Not applicable 198 $287,506,000 $1,452,000 $14,000,000 $0 $0
Not Provided 37 $7,323,000 $197,000 $850,000 $101,000 $680,000
Hispanic 27 $3,715,000 $137,000 $424,000 $92,000 $337,000
Asian 15 $4,809,000 $320,000 $669,000 $261,000 $955,000
Black or African American 8 $1,885,000 $235,000 $650,000 $140,000 $252,000
American Indian or Alaskan Native 2 $120,000 $60,000 $100,000 $244,000 $411,000
Native Hawaiian or Other Pacific Islander 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) 801 $401,550,000 $501,000 $14,000,000 $106,000 $1,669,000
FHA-insured (Federal Housing Administration) 18 $4,563,000 $253,000 $457,000 $87,000 $158,000
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 535 $311,767,000 $582,000 $14,000,000 $119,000 $1,669,000
Application Denied By Financial Institution 185 $42,305,000 $228,000 $6,635,000 $73,000 $680,000
Application Withdrawn By Applicant 40 $26,340,000 $658,000 $11,825,000 $78,000 $384,000
File Closed For Incompleteness 21 $9,084,000 $432,000 $3,250,000 $83,000 $208,000
Application Approved But Not Accepted 18 $10,960,000 $608,000 $3,900,000 $155,000 $1,290,000
Preapproval Approved but not Accepted 15 $4,709,000 $313,000 $638,000 $111,000 $277,000
Loan Purchased By The Institution 3 $337,000 $112,000 $133,000 $0 $0
Preapproval Denied by Financial Institution 2 $611,000 $305,000 $367,000 $75,000 $81,000

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
Debt-To-Income Ratio 122 $20,363,000 $166,000 $3,924,000 $70,000 $680,000
Credit History 27 $3,724,000 $137,000 $850,000 $83,000 $358,000
Collateral 22 $3,762,000 $171,000 $750,000 $91,000 $211,000
Other 7 $12,083,000 $1,726,000 $6,635,000 $55,000 $230,000
Insufficient Cash (Downpayment, Closing Cost) 4 $1,970,000 $492,000 $1,313,000 $63,000 $155,000
Credit Application Incomplete 2 $852,000 $426,000 $510,000 $0 $0
Employment History 2 $42,000 $21,000 $24,000 $99,000 $150,000
Unverifiable Information 1 $120,000 $120,000 $120,000 $42,000 $42,000
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.

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