Paragon Federal Credit Union
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 Paragon 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 | Paragon Federal Credit Union 100 Paragon Drive Montvale, NJ 07645 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 | 500 |
| Total Mortgage Loan Application Amount | $47,244,000 |
| Average Mortgage Loan Application Amount | $256,000 |
| Highest Mortgage Loan Application Amount | $2,300,000 |
| Average Applicant Income | $168,666 |
| Highest Applicant Income | $864,000 |
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 |
|---|---|---|---|---|
| Bergen County New Jersey | 232 | $ 25,408,000 | $ 109,000 | $ 134,000 |
| Passaic County New Jersey | 54 | $ 3,628,000 | $ 67,000 | $ 104,000 |
| Rockland County New York | 26 | $ 2,092,000 | $ 80,000 | $ 146,000 |
| Morris County New Jersey | 22 | $ 2,063,000 | $ 93,000 | $ 118,000 |
| Essex County New Jersey | 19 | $ 1,701,000 | $ 89,000 | $ 128,000 |
| Hudson County New Jersey | 18 | $ 2,392,000 | $ 132,000 | $ 93,000 |
| Sussex County New Jersey | 17 | $ 1,574,000 | $ 92,000 | $ 98,000 |
| Union County New Jersey | 15 | $ 1,163,000 | $ 77,000 | $ 122,000 |
| Orange County New York | 14 | $ 1,208,000 | $ 86,000 | $ 118,000 |
| Monmouth County New Jersey | 7 | $ 460,000 | $ 65,000 | $ 135,000 |
| Ocean County New Jersey | 7 | $ 651,000 | $ 93,000 | $ 150,000 |
| Lehigh County Pennsylvania | 7 | $ 390,000 | $ 55,000 | $ 59,000 |
| Middlesex County New Jersey | 5 | $ 270,000 | $ 54,000 | $ 125,000 |
| Prince George's County Maryland | 4 | $ 1,088,000 | $ 272,000 | $ 105,000 |
| Warren County New Jersey | 4 | $ 293,000 | $ 73,000 | $ 233,000 |
| Westmoreland County Pennsylvania | 4 | $ 158,000 | $ 39,000 | $ 53,000 |
| Hunterdon County New Jersey | 3 | $ 148,000 | $ 49,000 | $ 100,000 |
| Somerset County New Jersey | 3 | $ 90,000 | $ 30,000 | $ 169,000 |
| Northampton County Pennsylvania | 3 | $ 224,000 | $ 74,000 | $ 66,000 |
| Palm Beach County Florida | 2 | $ 100,000 | $ 50,000 | $ 82,000 |
| Mercer County New Jersey | 2 | $ 215,000 | $ 107,000 | $ 77,000 |
| Richmond County New York | 2 | $ 113,000 | $ 56,000 | $ 195,000 |
| Fayette County Pennsylvania | 2 | $ 81,000 | $ 40,000 | $ 73,000 |
| San Diego County California | 1 | $ 32,000 | $ 32,000 | $ 222,000 |
| Boulder County Colorado | 1 | $ 188,000 | $ 188,000 | $ 120,000 |
| Fairfield County Connecticut | 1 | $ 19,000 | $ 19,000 | $ 177,000 |
| Broward County Florida | 1 | $ 20,000 | $ 20,000 | $ 81,000 |
| Duval County Florida | 1 | $ 40,000 | $ 40,000 | $ 48,000 |
| Hillsborough County Florida | 1 | $ 60,000 | $ 60,000 | $ 92,000 |
| Polk County Florida | 1 | $ 7,000 | $ 7,000 | $ 70,000 |
| Volusia County Florida | 1 | $ 245,000 | $ 245,000 | $ 94,000 |
| Columbia County Georgia | 1 | $ 25,000 | $ 25,000 | $ 22,000 |
| Forsyth County Georgia | 1 | $ 20,000 | $ 20,000 | $ 142,000 |
| Gwinnett County Georgia | 1 | $ 22,000 | $ 22,000 | $ 55,000 |
| Atlantic County New Jersey | 1 | $ 25,000 | $ 25,000 | $ 64,000 |
| Cape May County New Jersey | 1 | $ 37,000 | $ 37,000 | $ 113,000 |
| Bernalillo County New Mexico | 1 | $ 23,000 | $ 23,000 | $ 79,000 |
| Greene County New York | 1 | $ 35,000 | $ 35,000 | $ 40,000 |
| Westchester County New York | 1 | $ 7,000 | $ 7,000 | $ 117,000 |
| Franklin County North Carolina | 1 | $ 54,000 | $ 54,000 | $ 99,000 |
| Huron County Ohio | 1 | $ 11,000 | $ 11,000 | $ 60,000 |
| Bucks County Pennsylvania | 1 | $ 20,000 | $ 20,000 | $ 121,000 |
| Montgomery County Pennsylvania | 1 | $ 17,000 | $ 17,000 | $ 144,000 |
| Pike County Pennsylvania | 1 | $ 5,000 | $ 5,000 | $ 64,000 |
| Wayne County Pennsylvania | 1 | $ 67,000 | $ 67,000 | $ 155,000 |
| Walker County Texas | 1 | $ 21,000 | $ 21,000 | $ 100,000 |
| Chittenden County Vermont | 1 | $ 20,000 | $ 20,000 | $ 75,000 |
| Lamoille County Vermont | 1 | $ 264,000 | $ 264,000 | $ 864,000 |
| Orleans County Vermont | 1 | $ 132,000 | $ 132,000 | $ 840,000 |
| Henrico County Virginia | 1 | $ 88,000 | $ 88,000 | $ 88,000 |
| Virginia Beach County Virginia | 1 | $ 230,000 | $ 230,000 | $ 148,000 |
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 Paragon Federal Credit Union 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 |
|---|---|---|---|---|---|---|
| Home Improvement | 459 | $32,570,000 | $70,000 | $540,000 | $121,000 | $810,000 |
| Refinancing | 22 | $10,184,000 | $462,000 | $2,300,000 | $164,000 | $675,000 |
| Home Purchase | 19 | $4,490,000 | $236,000 | $436,000 | $221,000 | $864,000 |
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 | 399 | $37,929,000 | $95,000 | $2,300,000 | $132,000 | $864,000 |
| Hispanic | 53 | $4,417,000 | $83,000 | $390,000 | $101,000 | $209,000 |
| Black or African American | 38 | $3,726,000 | $98,000 | $776,000 | $104,000 | $389,000 |
| Asian | 9 | $1,107,000 | $123,000 | $330,000 | $136,000 | $222,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $65,000 | $65,000 | $65,000 | $64,000 | $64,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 500 | $47,244,000 | $94,000 | $2,300,000 | $126,000 | $864,000 |
| 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 | 409 | $40,373,000 | $98,000 | $2,300,000 | $130,000 | $864,000 |
| Application Withdrawn By Applicant | 29 | $2,304,000 | $79,000 | $300,000 | $97,000 | $186,000 |
| File Closed For Incompleteness | 27 | $1,983,000 | $73,000 | $540,000 | $117,000 | $224,000 |
| Application Denied By Financial Institution | 24 | $2,129,000 | $88,000 | $410,000 | $110,000 | $242,000 |
| Loan Purchased By The Institution | 6 | $223,000 | $37,000 | $75,000 | $93,000 | $177,000 |
| Application Approved But Not Accepted | 5 | $232,000 | $46,000 | $100,000 | $133,000 | $222,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 11 | $638,000 | $58,000 | $120,000 | $135,000 | $242,000 |
| Debt-To-Income Ratio | 7 | $1,261,000 | $180,000 | $410,000 | $80,000 | $114,000 |
| Credit History | 5 | $175,000 | $35,000 | $50,000 | $95,000 | $180,000 |
| Other | 1 | $55,000 | $55,000 | $55,000 | $124,000 | $124,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| 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.