New Jersey

Today's New Jersey (NJ) Mortgage Rates

New Jersey (NJ) Mortgage Rates & Mortgage Loan Data – Prior Year

  • Loan originated: 2,046,353
  • Loan purchased by the institution: 831,264
  • Application denied by financial institution: 823,393
  • Application withdrawn by applicant: 441,829
  • Application approved but not accepted: 229,700
  • File closed for incompleteness: 160,060
  • Preapproval request denied by financial institution: 273
  • Preapproval request approved but not accepted: 12

  • Refinancing: 2,863,211
  • Home purchase: 1,370,332
  • Home improvement: 299,341

  • Conventional: 3,654,341
  • FHA-insured: 786,803
  • VA-guaranteed: 75,250
  • FSA/RHS-guaranteed: 16,490

  • White: 2,853,385
  • Information not provided by applicant in mail, Internet, or telephone application: 613,653
  • Not applicable: 408,943
  • Asian: 324,718
  • Black or African American: 299,256
  • American Indian or Alaska Native: 17,391
  • Native Hawaiian or Other Pacific Islander: 15,538

  • Not Hispanic or Latino: 3,190,403
  • Information not provided by applicant in mail, Internet, or telephone application: 581,084
  • Not applicable: 410,938
  • Hispanic or Latino: 350,459

  • Male: 2,638,635
  • Female: 1,155,035
  • Not applicable: 409,484
  • Information not provided by applicant in mail, Internet, or telephone application: 329,730

  • Department of Housing and Urban Development: 1,365,109
  • Office of the Comptroller of the Currency: 1,102,586
  • Consumer Financial Protection Bureau: 1,090,529
  • Office of Thrift Supervision: 418,446
  • Federal Deposit Insurance Corporation: 253,029
  • Federal Reserve System: 203,502
  • National Credit Union Administration: 99,683

  • Bergen County: 426,045
  • Middlesex County: 395,079
  • Monmouth County: 379,191
  • Ocean County: 359,109
  • Essex County: 311,181
  • Burlington County: 278,406
  • Morris County: 275,707
  • Camden County: 274,413
  • Union County: 241,586
  • Hudson County: 230,569
  • Passaic County: 194,722
  • Somerset County: 194,584
  • Gloucester County: 185,600
  • Mercer County: 175,538
  • Atlantic County: 162,845
  • Cape May County: 113,503
  • Sussex County: 93,628
  • Hunterdon County: 79,023
  • Cumberland County: 63,367
  • Warren County: 59,047
  • Salem County: 33,027
  • Unknown: 6,714

  • Edison, New Brunswick – NJ: 916,948
  • Newark, Union – NJ, PA: 859,429
  • Camden – NJ: 738,111
  • New York, White Plains, Wayne – NY, NJ: 727,015
  • New York, Jersey City, White Plains – NY, NJ: 289,038
  • Edison – NJ: 215,971
  • Newark – NJ, PA: 167,479
  • Trenton, Ewing – NJ: 152,488
  • Atlantic City, Hammonton – NJ: 128,189
  • Ocean City – NJ: 113,453
  • Allentown, Bethlehem, Easton – PA, NJ: 58,985
  • Vineland, Millville, Bridgeton – NJ: 54,962
  • Atlantic City – NJ: 34,596
  • Wilmington – DE, MD, NJ: 33,014
  • Trenton – NJ: 22,913
  • Unknown: 11,903
  • Vineland, Bridgeton – NJ: 8,390

  • Unknown: 3,880,739
  • Debt-to-income ratio: 159,726
  • Collateral: 150,047
  • Credit history: 134,452
  • Credit application incomplete: 88,224
  • Other: 71,409
  • Unverifiable information: 24,108
  • Insufficient cash (downpayment, closing costs): 15,959
  • Employment history: 6,817
  • Mortgage insurance denied: 1,403

  • Not a HOEPA loan: 4,532,730
  • HOEPA loan: 154

  • Secured by a first lien: 3,357,861
  • Not applicable: 831,264
  • Secured by a subordinate lien: 281,614
  • Not secured by a lien: 62,145

  • Owner-occupied as a principal dwelling: 4,154,273
  • Not owner-occupied as a principal dwelling: 362,673
  • Not applicable: 15,938

  • One-to-four family dwelling (other than manufactured housing): 4,509,315
  • Multifamily dwelling: 14,757
  • Manufactured housing: 8,812

  • Loan was not originated or was not sold in calendar year covered by register: 2,446,564
  • Fannie Mae (FNMA): 664,096
  • Freddie Mac (FHLMC): 357,698
  • Ginnie Mae (GNMA): 272,875
  • Affiliate institution: 238,697
  • Commercial bank, savings bank or savings association: 186,684
  • Other type of purchaser: 166,635
  • Life insurance company, credit union, mortgage bank, or finance company: 160,977
  • Private securitization: 38,571
  • Farmer Mac (FAMC): 87