Proponent Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2016
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 Proponent 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 | Proponent Federal Credit Union 536 Washington Ave. Nutley, NJ 07110 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 | 282 |
| Total Mortgage Loan Application Amount | $50,981,000 |
| Average Mortgage Loan Application Amount | $183,000 |
| Highest Mortgage Loan Application Amount | $1,400,000 |
| Average Applicant Income | $129,333 |
| Highest Applicant Income | $1,060,000 |
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 |
|---|---|---|---|---|
| Alamance County North Carolina | 60 | $ 5,987,000 | $ 99,000 | $ 83,000 |
| Essex County New Jersey | 46 | $ 6,777,000 | $ 147,000 | $ 122,000 |
| Passaic County New Jersey | 22 | $ 3,769,000 | $ 171,000 | $ 163,000 |
| Bergen County New Jersey | 16 | $ 4,306,000 | $ 269,000 | $ 207,000 |
| Guilford County North Carolina | 13 | $ 869,000 | $ 66,000 | $ 66,000 |
| Morris County New Jersey | 8 | $ 2,182,000 | $ 272,000 | $ 179,000 |
| Monmouth County New Jersey | 5 | $ 1,650,000 | $ 330,000 | $ 216,000 |
| Union County New Jersey | 5 | $ 880,000 | $ 176,000 | $ 144,000 |
| Caswell County North Carolina | 5 | $ 410,000 | $ 82,000 | $ 62,000 |
| Sussex County New Jersey | 4 | $ 590,000 | $ 147,000 | $ 67,000 |
| Wake County North Carolina | 4 | $ 469,000 | $ 117,000 | $ 119,000 |
| San Mateo County California | 3 | $ 3,360,000 | $ 1,120,000 | $ 323,000 |
| Hudson County New Jersey | 3 | $ 369,000 | $ 123,000 | $ 97,000 |
| Middlesex County New Jersey | 3 | $ 744,000 | $ 248,000 | $ 100,000 |
| Somerset County New Jersey | 3 | $ 1,565,000 | $ 521,000 | $ 291,000 |
| Northampton County Pennsylvania | 3 | $ 308,000 | $ 102,000 | $ 82,000 |
| Contra Costa County California | 2 | $ 1,083,000 | $ 541,000 | $ 179,000 |
| San Francisco County California | 2 | $ 855,000 | $ 427,000 | $ 258,000 |
| Clark County Nevada | 2 | $ 288,000 | $ 144,000 | $ 113,000 |
| Cape May County New Jersey | 2 | $ 430,000 | $ 215,000 | $ 121,000 |
| Mercer County New Jersey | 2 | $ 641,000 | $ 320,000 | $ 207,000 |
| Ocean County New Jersey | 2 | $ 630,000 | $ 315,000 | $ 154,000 |
| Warren County New Jersey | 2 | $ 277,000 | $ 138,000 | $ 98,000 |
| Durham County North Carolina | 2 | $ 613,000 | $ 306,000 | $ 118,000 |
| New Hanover County North Carolina | 2 | $ 140,000 | $ 70,000 | $ 83,000 |
| Orange County North Carolina | 2 | $ 102,000 | $ 51,000 | $ 52,000 |
| Florence County South Carolina | 2 | $ 161,000 | $ 80,000 | $ 77,000 |
| Jefferson County Alabama | 1 | $ 135,000 | $ 135,000 | $ 79,000 |
| Maricopa County Arizona | 1 | $ 50,000 | $ 50,000 | $ 126,000 |
| Marin County California | 1 | $ 150,000 | $ 150,000 | $ 160,000 |
| San Diego County California | 1 | $ 350,000 | $ 350,000 | $ 133,000 |
| Solano County California | 1 | $ 568,000 | $ 568,000 | $ 229,000 |
| Boulder County Colorado | 1 | $ 600,000 | $ 600,000 | $ 261,000 |
| Broward County Florida | 1 | $ 104,000 | $ 104,000 | $ 42,000 |
| Collier County Florida | 1 | $ 843,000 | $ 843,000 | $ 1,060,000 |
| Hillsborough County Florida | 1 | $ 102,000 | $ 102,000 | $ 37,000 |
| Manatee County Florida | 1 | $ 150,000 | $ 150,000 | $ 750,000 |
| Marion County Florida | 1 | $ 268,000 | $ 268,000 | $ 362,000 |
| Pike County Georgia | 1 | $ 25,000 | $ 25,000 | $ 49,000 |
| Cook County Illinois | 1 | $ 285,000 | $ 285,000 | $ 160,000 |
| Hamilton County Indiana | 1 | $ 224,000 | $ 224,000 | $ 82,000 |
| Washtenaw County Michigan | 1 | $ 37,000 | $ 37,000 | $ 184,000 |
| Burlington County New Jersey | 1 | $ 326,000 | $ 326,000 | $ 183,000 |
| Gloucester County New Jersey | 1 | $ 252,000 | $ 252,000 | $ 198,000 |
| Hunterdon County New Jersey | 1 | $ 249,000 | $ 249,000 | $ 114,000 |
| Broome County New York | 1 | $ 49,000 | $ 49,000 | $ 229,000 |
| Herkimer County New York | 1 | $ 17,000 | $ 17,000 | $ 53,000 |
| Orange County New York | 1 | $ 150,000 | $ 150,000 | $ 240,000 |
| Queens County New York | 1 | $ 361,000 | $ 361,000 | $ 215,000 |
| Suffolk County New York | 1 | $ 75,000 | $ 75,000 | $ 63,000 |
| Brunswick County North Carolina | 1 | $ 84,000 | $ 84,000 | $ 128,000 |
| Buncombe County North Carolina | 1 | $ 70,000 | $ 70,000 | $ 133,000 |
| Carteret County North Carolina | 1 | $ 108,000 | $ 108,000 | $ 123,000 |
| Forsyth County North Carolina | 1 | $ 12,000 | $ 12,000 | $ 74,000 |
| Granville County North Carolina | 1 | $ 53,000 | $ 53,000 | $ 120,000 |
| Iredell County North Carolina | 1 | $ 158,000 | $ 158,000 | $ 50,000 |
| Person County North Carolina | 1 | $ 120,000 | $ 120,000 | $ 61,000 |
| Robeson County North Carolina | 1 | $ 72,000 | $ 72,000 | $ 13,000 |
| Franklin County Ohio | 1 | $ 75,000 | $ 75,000 | $ 38,000 |
| Monroe County Pennsylvania | 1 | $ 119,000 | $ 119,000 | $ 37,000 |
| Montgomery County Pennsylvania | 1 | $ 150,000 | $ 150,000 | $ 181,000 |
| Philadelphia County Pennsylvania | 1 | $ 50,000 | $ 50,000 | $ 25,000 |
| Beaufort County South Carolina | 1 | $ 380,000 | $ 380,000 | $ 203,000 |
| Marlboro County South Carolina | 1 | $ 12,000 | $ 12,000 | $ 60,000 |
| Rutland County Vermont | 1 | $ 30,000 | $ 30,000 | $ 148,000 |
| Brunswick County Virginia | 1 | $ 34,000 | $ 34,000 | $ 29,000 |
| Loudoun County Virginia | 1 | $ 72,000 | $ 72,000 | $ 197,000 |
| Mecklenburg County Virginia | 1 | $ 100,000 | $ 100,000 | $ 49,000 |
| Prince William County Virginia | 1 | $ 540,000 | $ 540,000 | $ 181,000 |
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 Proponent Federal Credit Union in 2016
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 | 97 | $5,910,000 | $60,000 | $347,000 | $119,000 | $845,000 |
| Refinancing | 96 | $19,868,000 | $206,000 | $1,170,000 | $128,000 | $1,032,000 |
| Home Purchase | 89 | $25,203,000 | $283,000 | $1,400,000 | $141,000 | $1,060,000 |
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 | 146 | $23,721,000 | $162,000 | $1,170,000 | $129,000 | $750,000 |
| Not Provided | 61 | $12,519,000 | $205,000 | $1,110,000 | $121,000 | $1,060,000 |
| Black or African American | 28 | $3,733,000 | $133,000 | $488,000 | $119,000 | $930,000 |
| Hispanic | 22 | $3,669,000 | $166,000 | $523,000 | $147,000 | $845,000 |
| Asian | 15 | $5,556,000 | $370,000 | $1,400,000 | $149,000 | $441,000 |
| Not applicable | 6 | $1,091,000 | $181,000 | $620,000 | $0 | $0 |
| American Indian or Alaskan Native | 4 | $692,000 | $173,000 | $400,000 | $335,000 | $1,032,000 |
| Native Hawaiin 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) | 282 | $50,981,000 | $180,000 | $1,400,000 | $129,000 | $1,060,000 |
| 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 | 177 | $31,718,000 | $179,000 | $1,400,000 | $136,000 | $1,060,000 |
| Application Withdrawn By Applicant | 46 | $9,703,000 | $210,000 | $620,000 | $118,000 | $1,032,000 |
| Application Denied By Financial Institution | 29 | $3,789,000 | $130,000 | $523,000 | $123,000 | $930,000 |
| File Closed For Incompleteness | 18 | $2,861,000 | $158,000 | $434,000 | $134,000 | $750,000 |
| Preapproval Denied by Financial Institution | 12 | $2,910,000 | $242,000 | $956,000 | $80,000 | $194,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 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 |
|---|---|---|---|---|---|---|
| Credit History | 16 | $3,303,000 | $206,000 | $956,000 | $88,000 | $200,000 |
| Debt-To-Income Ratio | 13 | $1,986,000 | $152,000 | $380,000 | $136,000 | $930,000 |
| Collateral | 8 | $405,000 | $50,000 | $150,000 | $105,000 | $173,000 |
| Other | 2 | $478,000 | $239,000 | $333,000 | $110,000 | $186,000 |
| Unverifiable Information | 1 | $110,000 | $110,000 | $110,000 | $91,000 | $91,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $417,000 | $417,000 | $417,000 | $194,000 | $194,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 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.