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- Application withdrawn by applicant: 441,829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
