Paragon Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2008

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 444
Total Mortgage Loan Application Amount $61,018,000
Average Mortgage Loan Application Amount $173,333
Highest Mortgage Loan Application Amount $1,221,000
Average Applicant Income $150,333
Highest Applicant Income $975,000

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 Paragon Federal Credit Union by County in 2008

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 203 $ 21,533,000 $ 106,000 $ 142,000
Passaic County New Jersey 47 $ 5,106,000 $ 108,000 $ 116,000
Essex County New Jersey 23 $ 7,364,000 $ 320,000 $ 228,000
Hudson County New Jersey 22 $ 5,150,000 $ 234,000 $ 131,000
Morris County New Jersey 22 $ 2,857,000 $ 129,000 $ 196,000
Ocean County New Jersey 12 $ 1,834,000 $ 152,000 $ 101,000
Sussex County New Jersey 9 $ 1,049,000 $ 116,000 $ 218,000
Orange County New York 9 $ 1,414,000 $ 157,000 $ 135,000
Somerset County New Jersey 7 $ 1,382,000 $ 197,000 $ 198,000
Union County New Jersey 7 $ 1,201,000 $ 171,000 $ 165,000
Rockland County New York 7 $ 1,153,000 $ 164,000 $ 127,000
Monmouth County New Jersey 6 $ 794,000 $ 132,000 $ 133,000
Lehigh County Pennsylvania 5 $ 149,000 $ 29,000 $ 71,000
Cape May County New Jersey 4 $ 736,000 $ 184,000 $ 80,000
Westchester County New York 4 $ 905,000 $ 226,000 $ 175,000
Fayette County Pennsylvania 4 $ 143,000 $ 35,000 $ 83,000
Miami-Dade County Florida 3 $ 422,000 $ 140,000 $ 72,000
Bronx County New York 3 $ 686,000 $ 228,000 $ 149,000
Bucks County Pennsylvania 3 $ 167,000 $ 55,000 $ 82,000
Northampton County Pennsylvania 3 $ 150,000 $ 50,000 $ 73,000
New Castle County Delaware 2 $ 105,000 $ 52,000 $ 91,000
Broward County Florida 2 $ 341,000 $ 170,000 $ 133,000
Middlesex County New Jersey 2 $ 245,000 $ 122,000 $ 73,000
Warren County New Jersey 2 $ 81,000 $ 40,000 $ 69,000
New York County New York 2 $ 1,837,000 $ 918,000 $ 533,000
Monroe County Pennsylvania 2 $ 429,000 $ 214,000 $ 116,000
Pike County Pennsylvania 2 $ 112,000 $ 56,000 $ 115,000
Maricopa County Arizona 1 $ 249,000 $ 249,000 $ 123,000
Collier County Florida 1 $ 140,000 $ 140,000 $ 288,000
Orange County Florida 1 $ 122,000 $ 122,000 $ 78,000
Palm Beach County Florida 1 $ 375,000 $ 375,000 $ 221,000
Polk County Florida 1 $ 35,000 $ 35,000 $ 52,000
Fulton County Georgia 1 $ 180,000 $ 180,000 $ 80,000
Gwinnett County Georgia 1 $ 30,000 $ 30,000 $ 121,000
Clark County Nevada 1 $ 95,000 $ 95,000 $ 61,000
Atlantic County New Jersey 1 $ 48,000 $ 48,000 $ 105,000
Burlington County New Jersey 1 $ 225,000 $ 225,000 $ 62,000
Cumberland County New Jersey 1 $ 325,000 $ 325,000 $ 142,000
Gloucester County New Jersey 1 $ 115,000 $ 115,000 $ 114,000
Mercer County New Jersey 1 $ 250,000 $ 250,000 $ 82,000
Albany County New York 1 $ 12,000 $ 12,000 $ 64,000
Nassau County New York 1 $ 44,000 $ 44,000 $ 130,000
Queens County New York 1 $ 17,000 $ 17,000 $ 144,000
Schoharie County New York 1 $ 40,000 $ 40,000 $ 150,000
Dare County North Carolina 1 $ 52,000 $ 52,000 $ 50,000
New Hanover County North Carolina 1 $ 300,000 $ 300,000 $ 148,000
Hamilton County Ohio 1 $ 200,000 $ 200,000 $ 79,000
Allegheny County Pennsylvania 1 $ 295,000 $ 295,000 $ 166,000
Chester County Pennsylvania 1 $ 8,000 $ 8,000 $ 141,000
Columbia County Pennsylvania 1 $ 152,000 $ 152,000 $ 170,000
Westmoreland County Pennsylvania 1 $ 16,000 $ 16,000 $ 42,000
Florence County South Carolina 1 $ 59,000 $ 59,000 $ 54,000
Windham County Vermont 1 $ 150,000 $ 150,000 $ 90,000
Island County Washington 1 $ 139,000 $ 139,000 $ 67,000

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 2008

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 252 $20,614,000 $81,000 $571,000 $127,000 $920,000
Refinancing 128 $24,589,000 $192,000 $787,000 $167,000 $975,000
Home Purchase 64 $15,815,000 $247,000 $1,221,000 $157,000 $627,000

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 365 $49,837,000 $136,000 $1,221,000 $148,000 $975,000
Hispanic 53 $7,993,000 $150,000 $672,000 $130,000 $439,000
Black or African American 18 $2,232,000 $124,000 $335,000 $108,000 $182,000
Asian 6 $456,000 $76,000 $120,000 $96,000 $159,000
Native Hawaiian or Other Pacific Islander 2 $500,000 $250,000 $365,000 $102,000 $120,000
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) 444 $61,018,000 $137,000 $1,221,000 $143,000 $975,000
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 374 $54,233,000 $145,000 $1,221,000 $145,000 $975,000
Application Withdrawn By Applicant 30 $2,588,000 $86,000 $266,000 $129,000 $800,000
Application Denied By Financial Institution 21 $1,988,000 $94,000 $420,000 $129,000 $731,000
File Closed For Incompleteness 13 $1,467,000 $112,000 $389,000 $148,000 $345,000
Application Approved But Not Accepted 6 $742,000 $123,000 $263,000 $128,000 $207,000
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
Collateral 10 $866,000 $86,000 $420,000 $183,000 $731,000
Debt-To-Income Ratio 9 $1,012,000 $112,000 $323,000 $75,000 $139,000
Employment History 1 $30,000 $30,000 $30,000 $31,000 $31,000
Credit History 1 $80,000 $80,000 $80,000 $180,000 $180,000
Credit Application Incomplete 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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 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.

Download the New Jersey Lender List