Oceanfirst Bank
Mortgage Loan Application
Totals and Details
for 2007
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 Oceanfirst 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 | Oceanfirst Bank 975 Hooper Avenue Toms River, NJ 08753 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,388 |
| Total Mortgage Loan Application Amount | $320,202,000 |
| Average Mortgage Loan Application Amount | $202,666 |
| Highest Mortgage Loan Application Amount | $3,800,000 |
| Average Applicant Income | $132,666 |
| Highest Applicant Income | $2,500,000 |
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 |
|---|---|---|---|---|
| Ocean County New Jersey | 895 | $ 164,342,000 | $ 183,000 | $ 102,000 |
| Monmouth County New Jersey | 146 | $ 47,613,000 | $ 326,000 | $ 185,000 |
| Bergen County New Jersey | 28 | $ 12,039,000 | $ 429,000 | $ 159,000 |
| Middlesex County New Jersey | 27 | $ 5,639,000 | $ 208,000 | $ 100,000 |
| Morris County New Jersey | 27 | $ 14,692,000 | $ 544,000 | $ 589,000 |
| Essex County New Jersey | 23 | $ 9,196,000 | $ 399,000 | $ 180,000 |
| Hudson County New Jersey | 23 | $ 7,302,000 | $ 317,000 | $ 152,000 |
| Passaic County New Jersey | 14 | $ 4,362,000 | $ 311,000 | $ 164,000 |
| Orange County New York | 13 | $ 4,680,000 | $ 360,000 | $ 130,000 |
| Somerset County New Jersey | 11 | $ 2,861,000 | $ 260,000 | $ 298,000 |
| Union County New Jersey | 11 | $ 3,029,000 | $ 275,000 | $ 100,000 |
| Atlantic County New Jersey | 10 | $ 2,017,000 | $ 201,000 | $ 84,000 |
| Westchester County New York | 10 | $ 2,272,000 | $ 227,000 | $ 209,000 |
| Burlington County New Jersey | 9 | $ 2,194,000 | $ 243,000 | $ 228,000 |
| Hunterdon County New Jersey | 9 | $ 2,373,000 | $ 263,000 | $ 149,000 |
| Mercer County New Jersey | 9 | $ 2,029,000 | $ 225,000 | $ 73,000 |
| Camden County New Jersey | 8 | $ 1,631,000 | $ 203,000 | $ 147,000 |
| Suffolk County New York | 8 | $ 2,328,000 | $ 291,000 | $ 80,000 |
| Cape May County New Jersey | 7 | $ 2,403,000 | $ 343,000 | $ 229,000 |
| Nassau County New York | 7 | $ 2,061,000 | $ 294,000 | $ 154,000 |
| Palm Beach County Florida | 6 | $ 1,818,000 | $ 303,000 | $ 140,000 |
| Sussex County New Jersey | 6 | $ 1,790,000 | $ 298,000 | $ 358,000 |
| Richmond County New York | 5 | $ 2,431,000 | $ 486,000 | $ 100,000 |
| Kings County New York | 4 | $ 676,000 | $ 169,000 | $ 211,000 |
| New York County New York | 4 | $ 3,785,000 | $ 946,000 | $ 288,000 |
| Lee County Florida | 3 | $ 803,000 | $ 267,000 | $ 164,000 |
| Sarasota County Florida | 3 | $ 762,000 | $ 254,000 | $ 369,000 |
| Queens County New York | 3 | $ 593,000 | $ 197,000 | $ 116,000 |
| Northampton County Pennsylvania | 3 | $ 492,000 | $ 164,000 | $ 80,000 |
| Brevard County Florida | 2 | $ 285,000 | $ 142,000 | $ 130,000 |
| Hillsborough County Florida | 2 | $ 200,000 | $ 100,000 | $ 103,000 |
| Martin County Florida | 2 | $ 625,000 | $ 312,000 | $ 91,000 |
| Washington County Maryland | 2 | $ 335,000 | $ 167,000 | $ 85,000 |
| Cumberland County New Jersey | 2 | $ 255,000 | $ 127,000 | $ 97,000 |
| Warren County New Jersey | 2 | $ 392,000 | $ 196,000 | $ 89,000 |
| Niagara County New York | 2 | $ 113,000 | $ 56,000 | $ 117,000 |
| Philadelphia County Pennsylvania | 2 | $ 481,000 | $ 240,000 | $ 50,000 |
| Horry County South Carolina | 2 | $ 464,000 | $ 232,000 | $ 563,000 |
| New London County Connecticut | 1 | $ 118,000 | $ 118,000 | $ 96,000 |
| Sussex County Delaware | 1 | $ 368,000 | $ 368,000 | $ 168,000 |
| District of Columbia County District Of Columbia | 1 | $ 360,000 | $ 360,000 | $ 76,000 |
| Broward County Florida | 1 | $ 144,000 | $ 144,000 | $ 190,000 |
| Collier County Florida | 1 | $ 259,000 | $ 259,000 | $ 552,000 |
| Miami-Dade County Florida | 1 | $ 172,000 | $ 172,000 | $ 71,000 |
| Orange County Florida | 1 | $ 50,000 | $ 50,000 | $ 89,000 |
| Pasco County Florida | 1 | $ 190,000 | $ 190,000 | $ 84,000 |
| Pinellas County Florida | 1 | $ 265,000 | $ 265,000 | $ 143,000 |
| Forsyth County Georgia | 1 | $ 280,000 | $ 280,000 | $ 799,000 |
| Honolulu County Hawaii | 1 | $ 247,000 | $ 247,000 | $ 73,000 |
| Porter County Indiana | 1 | $ 204,000 | $ 204,000 | $ 77,000 |
| Barnstable County Massachusetts | 1 | $ 250,000 | $ 250,000 | $ 48,000 |
| Gloucester County New Jersey | 1 | $ 327,000 | $ 327,000 | $ 116,000 |
| Bronx County New York | 1 | $ 65,000 | $ 65,000 | $ 115,000 |
| Chenango County New York | 1 | $ 82,000 | $ 82,000 | $ 25,000 |
| Greene County New York | 1 | $ 350,000 | $ 350,000 | $ 850,000 |
| Onondaga County New York | 1 | $ 200,000 | $ 200,000 | $ 347,000 |
| Rockland County New York | 1 | $ 100,000 | $ 100,000 | $ 100,000 |
| Steuben County New York | 1 | $ 104,000 | $ 104,000 | $ 42,000 |
| Ulster County New York | 1 | $ 260,000 | $ 260,000 | $ 0 |
| Brunswick County North Carolina | 1 | $ 360,000 | $ 360,000 | $ 147,000 |
| Dare County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 115,000 |
| New Hanover County North Carolina | 1 | $ 150,000 | $ 150,000 | $ 179,000 |
| Lucas County Ohio | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Bucks County Pennsylvania | 1 | $ 270,000 | $ 270,000 | $ 0 |
| Carbon County Pennsylvania | 1 | $ 100,000 | $ 100,000 | $ 181,000 |
| Delaware County Pennsylvania | 1 | $ 500,000 | $ 500,000 | $ 186,000 |
| Monroe County Pennsylvania | 1 | $ 35,000 | $ 35,000 | $ 67,000 |
| Northumberland County Pennsylvania | 1 | $ 77,000 | $ 77,000 | $ 120,000 |
| Wayne County Pennsylvania | 1 | $ 130,000 | $ 130,000 | $ 108,000 |
| Greenville County South Carolina | 1 | $ 863,000 | $ 863,000 | $ 648,000 |
| Chester County Tennessee | 1 | $ 200,000 | $ 200,000 | $ 0 |
| Collin County Texas | 1 | $ 216,000 | $ 216,000 | $ 62,000 |
| Salt Lake County Utah | 1 | $ 225,000 | $ 225,000 | $ 138,000 |
| Chesterfield County Virginia | 1 | $ 158,000 | $ 158,000 | $ 80,000 |
| Fairfax County Virginia | 1 | $ 455,000 | $ 455,000 | $ 131,000 |
| Williamsburg County Virginia | 1 | $ 315,000 | $ 315,000 | $ 102,000 |
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 Oceanfirst Bank in 2007
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 | 695 | $168,555,000 | $242,000 | $3,800,000 | $119,000 | $2,446,000 |
| Home Purchase | 467 | $133,016,000 | $284,000 | $1,235,000 | $163,000 | $2,500,000 |
| Home Improvement | 226 | $18,631,000 | $82,000 | $1,100,000 | $116,000 | $814,000 |
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 | 1,255 | $291,529,000 | $232,000 | $3,800,000 | $134,000 | $2,500,000 |
| Not Provided | 59 | $8,446,000 | $143,000 | $536,000 | $114,000 | $254,000 |
| Hispanic | 30 | $7,041,000 | $234,000 | $639,000 | $142,000 | $972,000 |
| Asian | 24 | $8,418,000 | $350,000 | $720,000 | $153,000 | $342,000 |
| Black or African American | 15 | $3,536,000 | $235,000 | $372,000 | $66,000 | $198,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $1,172,000 | $293,000 | $417,000 | $219,000 | $486,000 |
| American Indian or Alaskan Native | 1 | $60,000 | $60,000 | $60,000 | $83,000 | $83,000 |
| 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) | 1,267 | $289,350,000 | $228,000 | $3,800,000 | $144,000 | $2,500,000 |
| FHA-insured (Federal Housing Administration) | 120 | $30,683,000 | $255,000 | $471,000 | $25,000 | $167,000 |
| VA-guaranteed (Veterans Administration) | 1 | $169,000 | $169,000 | $169,000 | $68,000 | $68,000 |
| 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 | 1,172 | $259,454,000 | $221,000 | $3,500,000 | $132,000 | $2,500,000 |
| Application Withdrawn By Applicant | 140 | $44,020,000 | $314,000 | $3,800,000 | $150,000 | $1,281,000 |
| Application Denied By Financial Institution | 53 | $13,076,000 | $246,000 | $1,700,000 | $134,000 | $1,231,000 |
| Application Approved But Not Accepted | 21 | $3,145,000 | $149,000 | $417,000 | $133,000 | $548,000 |
| File Closed For Incompleteness | 2 | $507,000 | $253,000 | $357,000 | $93,000 | $123,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 22 | $6,386,000 | $290,000 | $1,700,000 | $149,000 | $1,231,000 |
| Credit History | 13 | $2,856,000 | $219,000 | $1,000,000 | $142,000 | $364,000 |
| Collateral | 12 | $2,303,000 | $191,000 | $535,000 | $102,000 | $180,000 |
| Other | 5 | $1,091,000 | $218,000 | $338,000 | $123,000 | $174,000 |
| Unverifiable Information | 1 | $440,000 | $440,000 | $440,000 | $120,000 | $120,000 |
| Credit Application Incomplete | 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.