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 Mlb Residential Lending, 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 | Mlb Residential Lending, Llc 51 Commerce St Springfield, NJ 07081 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2022 2021 2020 2019 2018 2017 2015 |
Total Number of Mortgage Applications | 1,416 |
Total Mortgage Loan Application Amount | $394,240,000 |
Average Mortgage Loan Application Amount | $283,333 |
Highest Mortgage Loan Application Amount | $975,000 |
Average Applicant Income | $95,666 |
Highest Applicant Income | $1,256,000 |
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 |
---|---|---|---|---|
Union County New Jersey | 197 | $ 57,385,000 | $ 291,000 | $ 87,000 |
Essex County New Jersey | 154 | $ 43,960,000 | $ 285,000 | $ 89,000 |
Middlesex County New Jersey | 91 | $ 26,065,000 | $ 286,000 | $ 98,000 |
Bergen County New Jersey | 87 | $ 36,535,000 | $ 419,000 | $ 152,000 |
Passaic County New Jersey | 73 | $ 23,265,000 | $ 318,000 | $ 97,000 |
Sussex County New Jersey | 65 | $ 15,795,000 | $ 243,000 | $ 108,000 |
Philadelphia County Pennsylvania | 57 | $ 9,465,000 | $ 166,000 | $ 65,000 |
Morris County New Jersey | 51 | $ 18,665,000 | $ 365,000 | $ 120,000 |
Orange County Florida | 50 | $ 10,620,000 | $ 212,000 | $ 65,000 |
Somerset County New Jersey | 41 | $ 11,845,000 | $ 288,000 | $ 82,000 |
Osceola County Florida | 37 | $ 7,775,000 | $ 210,000 | $ 60,000 |
Nassau County New York | 30 | $ 12,390,000 | $ 413,000 | $ 128,000 |
Brevard County Florida | 28 | $ 5,040,000 | $ 180,000 | $ 72,000 |
Hudson County New Jersey | 23 | $ 7,505,000 | $ 326,000 | $ 92,000 |
Monmouth County New Jersey | 22 | $ 7,850,000 | $ 356,000 | $ 132,000 |
Warren County New Jersey | 20 | $ 4,280,000 | $ 214,000 | $ 89,000 |
Polk County Florida | 17 | $ 2,925,000 | $ 172,000 | $ 50,000 |
Mercer County New Jersey | 15 | $ 2,415,000 | $ 161,000 | $ 83,000 |
Dutchess County New York | 15 | $ 3,215,000 | $ 214,000 | $ 97,000 |
Burlington County New Jersey | 13 | $ 2,925,000 | $ 225,000 | $ 100,000 |
Bronx County New York | 13 | $ 5,525,000 | $ 425,000 | $ 109,000 |
Kings County New York | 13 | $ 6,025,000 | $ 463,000 | $ 98,000 |
Ocean County New Jersey | 12 | $ 2,960,000 | $ 246,000 | $ 121,000 |
Albany County New York | 12 | $ 1,940,000 | $ 161,000 | $ 84,000 |
Richmond County New York | 12 | $ 4,320,000 | $ 360,000 | $ 101,000 |
Westchester County New York | 12 | $ 4,740,000 | $ 395,000 | $ 112,000 |
Queens County New York | 11 | $ 5,345,000 | $ 485,000 | $ 124,000 |
Saratoga County New York | 11 | $ 2,405,000 | $ 218,000 | $ 75,000 |
Suffolk County New York | 11 | $ 3,915,000 | $ 355,000 | $ 115,000 |
Rensselaer County New York | 9 | $ 1,725,000 | $ 191,000 | $ 94,000 |
Volusia County Florida | 8 | $ 1,300,000 | $ 162,000 | $ 51,000 |
Hunterdon County New Jersey | 7 | $ 1,845,000 | $ 263,000 | $ 104,000 |
Schenectady County New York | 7 | $ 915,000 | $ 130,000 | $ 48,000 |
Monroe County Pennsylvania | 7 | $ 1,285,000 | $ 183,000 | $ 86,000 |
Broward County Florida | 6 | $ 1,460,000 | $ 243,000 | $ 164,000 |
Seminole County Florida | 6 | $ 840,000 | $ 140,000 | $ 58,000 |
Cumberland County New Jersey | 6 | $ 760,000 | $ 126,000 | $ 54,000 |
Montgomery County New York | 6 | $ 1,020,000 | $ 170,000 | $ 72,000 |
Montgomery County Pennsylvania | 6 | $ 1,530,000 | $ 255,000 | $ 75,000 |
Lake County Florida | 5 | $ 915,000 | $ 183,000 | $ 45,000 |
Gloucester County New Jersey | 5 | $ 885,000 | $ 177,000 | $ 150,000 |
Orange County New York | 5 | $ 1,215,000 | $ 243,000 | $ 81,000 |
Delaware County Pennsylvania | 5 | $ 815,000 | $ 163,000 | $ 36,000 |
New Castle County Delaware | 4 | $ 960,000 | $ 240,000 | $ 58,000 |
Hernando County Florida | 4 | $ 690,000 | $ 172,000 | $ 48,000 |
Hillsborough County Florida | 4 | $ 770,000 | $ 192,000 | $ 69,000 |
Camden County New Jersey | 4 | $ 600,000 | $ 150,000 | $ 89,000 |
New York County New York | 4 | $ 1,910,000 | $ 477,000 | $ 128,000 |
Rockland County New York | 4 | $ 1,200,000 | $ 300,000 | $ 115,000 |
Schoharie County New York | 4 | $ 540,000 | $ 135,000 | $ 52,000 |
Fairfield County Connecticut | 3 | $ 765,000 | $ 255,000 | $ 104,000 |
Miami-Dade County Florida | 3 | $ 985,000 | $ 328,000 | $ 171,000 |
Warren County New York | 3 | $ 425,000 | $ 141,000 | $ 56,000 |
Northampton County Pennsylvania | 3 | $ 275,000 | $ 91,000 | $ 59,000 |
Sussex County Delaware | 2 | $ 360,000 | $ 180,000 | $ 66,000 |
Marion County Florida | 2 | $ 290,000 | $ 145,000 | $ 104,000 |
Monroe County Florida | 2 | $ 590,000 | $ 295,000 | $ 97,000 |
Atlantic County New Jersey | 2 | $ 380,000 | $ 190,000 | $ 78,000 |
Cape May County New Jersey | 2 | $ 850,000 | $ 425,000 | $ 162,000 |
Ulster County New York | 2 | $ 220,000 | $ 110,000 | $ 69,000 |
Berks County Pennsylvania | 2 | $ 600,000 | $ 300,000 | $ 107,000 |
Bucks County Pennsylvania | 2 | $ 650,000 | $ 325,000 | $ 99,000 |
Pike County Pennsylvania | 2 | $ 480,000 | $ 240,000 | $ 159,000 |
Kent County Delaware | 1 | $ 245,000 | $ 245,000 | $ 53,000 |
Charlotte County Florida | 1 | $ 475,000 | $ 475,000 | $ 124,000 |
Columbia County Florida | 1 | $ 135,000 | $ 135,000 | $ 37,000 |
Lee County Florida | 1 | $ 155,000 | $ 155,000 | $ 68,000 |
Pasco County Florida | 1 | $ 265,000 | $ 265,000 | $ 123,000 |
Pinellas County Florida | 1 | $ 95,000 | $ 95,000 | $ 118,000 |
Santa Rosa County Florida | 1 | $ 235,000 | $ 235,000 | $ 0 |
Salem County New Jersey | 1 | $ 155,000 | $ 155,000 | $ 95,000 |
Broome County New York | 1 | $ 75,000 | $ 75,000 | $ 96,000 |
Columbia County New York | 1 | $ 115,000 | $ 115,000 | $ 49,000 |
Fulton County New York | 1 | $ 345,000 | $ 345,000 | $ 163,000 |
Greene County New York | 1 | $ 65,000 | $ 65,000 | $ 89,000 |
Otsego County New York | 1 | $ 245,000 | $ 245,000 | $ 121,000 |
St. Lawrence County New York | 1 | $ 95,000 | $ 95,000 | $ 47,000 |
Carbon County Pennsylvania | 1 | $ 365,000 | $ 365,000 | $ 181,000 |
Cumberland County Pennsylvania | 1 | $ 455,000 | $ 455,000 | $ 98,000 |
Westmoreland County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 54,000 |
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 |
---|---|---|---|---|---|---|
Home Purchase | 971 | $264,435,000 | $272,000 | $975,000 | $94,000 | $1,256,000 |
Refinancing | 247 | $75,775,000 | $306,000 | $725,000 | $84,000 | $744,000 |
Cash-out Refinancing | 198 | $54,030,000 | $272,000 | $805,000 | $109,000 | $693,000 |
Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Other Purpose | 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 |
---|---|---|---|---|---|---|
Hispanic | 556 | $154,700,000 | $278,000 | $975,000 | $81,000 | $400,000 |
White | 496 | $142,960,000 | $288,000 | $735,000 | $115,000 | $1,256,000 |
Black or African American | 324 | $84,510,000 | $260,000 | $785,000 | $84,000 | $248,000 |
Asian | 23 | $7,155,000 | $311,000 | $605,000 | $126,000 | $587,000 |
Not Provided | 9 | $2,825,000 | $313,000 | $805,000 | $122,000 | $600,000 |
Native Hawaiian or Other Pacific Islander | 4 | $920,000 | $230,000 | $345,000 | $94,000 | $175,000 |
Not applicable | 3 | $845,000 | $281,000 | $355,000 | $77,000 | $103,000 |
American Indian or Alaskan Native | 1 | $325,000 | $325,000 | $325,000 | $96,000 | $96,000 |
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) | 688 | $191,620,000 | $278,000 | $975,000 | $116,000 | $1,256,000 |
FHA-insured (Federal Housing Administration) | 686 | $188,790,000 | $275,000 | $785,000 | $75,000 | $334,000 |
VA-guaranteed (Veterans Administration) | 42 | $13,830,000 | $329,000 | $695,000 | $69,000 | $237,000 |
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 | 922 | $264,450,000 | $286,000 | $785,000 | $97,000 | $745,000 |
Application Withdrawn By Applicant | 336 | $88,100,000 | $262,000 | $975,000 | $94,000 | $1,256,000 |
File Closed For Incompleteness | 82 | $21,030,000 | $256,000 | $785,000 | $87,000 | $744,000 |
Application Denied By Financial Institution | 74 | $20,190,000 | $272,000 | $725,000 | $84,000 | $419,000 |
Application Approved But Not Accepted | 2 | $470,000 | $235,000 | $325,000 | $42,000 | $54,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 1,342 | $374,050,000 | $278,000 | $975,000 | $95,000 | $1,256,000 |
Collateral | 20 | $4,860,000 | $243,000 | $715,000 | $67,000 | $124,000 |
Debt-To-Income Ratio | 17 | $3,525,000 | $207,000 | $505,000 | $57,000 | $104,000 |
Other | 10 | $3,720,000 | $372,000 | $535,000 | $104,000 | $182,000 |
Credit History | 10 | $2,480,000 | $248,000 | $425,000 | $83,000 | $185,000 |
Employment History | 7 | $2,145,000 | $306,000 | $445,000 | $78,000 | $139,000 |
Unverifiable Information | 5 | $1,495,000 | $299,000 | $605,000 | $156,000 | $419,000 |
Insufficient Cash (Downpayment, Closing Cost) | 4 | $1,750,000 | $437,000 | $725,000 | $159,000 | $380,000 |
Credit Application Incomplete | 1 | $215,000 | $215,000 | $215,000 | $90,000 | $90,000 |
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.