ATLANTIC CITY - HAMMONTON Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Atlantic City - Hammonton averaged 6.38% for the week of 2024-10-24, compared to the national average of 6.54% for the same period.

The average rate for the prior week (2024-10-17) was 6.38% and one month ago for the week of 2024-09-19, the average rate was 6.33%.

Atlantic City - Hammonton's average rate one year ago was 7.77%.

For refis of the same type during the week of 2024-10-24, the average rate was 7.11%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-24 6.54%
Atlantic City - Hammonton 30 Year Fixed Rate 2024-10-24 6.38%
Atlantic City - Hammonton 30 Year Fixed Rate Refi 2024-10-24 7.11%
Atlantic City - Hammonton 15 Year Fixed Rate 2024-10-24 5.81%
Atlantic City - Hammonton 15 Year Fixed Rate Refi 2024-10-24 5.71%
Atlantic City - Hammonton 30 Year FHA 2024-10-24 6.21%
Atlantic City - Hammonton 30 Year FHA Refi 2024-10-24 6.25%
Atlantic City - Hammonton 30 Year USDA 2024-10-24 6.29%
Atlantic City - Hammonton 30 Year USDA Refi 2024-10-24 6.09%
Atlantic City - Hammonton 30 Year VA 2024-10-24 6.09%
Atlantic City - Hammonton 30 Year VA Refi 2024-10-24 5.94%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ATLANTIC CITY-HAMMONTON, NJ.

ATLANTIC CITY - HAMMONTON Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the ATLANTIC CITY-HAMMONTON, NJ market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Advisors Mortgage Group, L.L.C. 234 7.00% $6,115
GREENTREE MORTGAGE COMPANY, L.P. 210 6.81% $5,200
QUICKEN LOANS, LLC 125 6.92% $7,821
Citizens Bank 93 6.64% $5,921
CROSSCOUNTRY MORTGAGE, LLC 76 7.07% $7,960
OceanFirst Bank 72 6.25% $7,051
NATION ONE MORTGAGE CORPORATION 64 6.84% $8,806
Prosperity Home Mortgage, LLC 64 6.92% $6,021
GUARANTEED RATE, INC. 60 6.66% $5,664
Wells Fargo Bank 52 5.96% $6,380
TD Bank 46 6.26% $4,291
UNITED WHOLESALE MORTGAGE, LLC 46 6.91% $8,580
UNION HOME MORTGAGE CORP. 40 6.89% $5,403
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 33 7.17% $7,790
Bank of America 30 6.11% $7,812
U.S. Bank 27 6.49% $5,600
NFM, INC. 24 6.81% $6,843
TRUMARK FINANCIAL CREDIT UNION 21 6.65% $6,618
Gateway First Bank 19 6.96% $6,975
JPMorgan Chase Bank 19 6.65% $6,086
Republic Bank 18 4.31% $2,811
Morgan Stanley Private Bank 18 5.76% $4,764
DRAPER AND KRAMER MORTGAGE CORP. 18 6.81% $5,589
DHI MORTGAGE COMPANY, LTD. 17 6.21% $6,611
1st Colonial Community Bank 17 6.34% $4,726
ABSOLUTE HOME MORTGAGE CORPORATION 17 7.12% $6,833
CMG MORTGAGE, INC. 16 7.22% $7,644
NEWREZ LLC 15 7.05% $6,944
CALIBER HOME LOANS, INC. 15 5.64% $4,994
MLD MORTGAGE INC. 13 6.28% $6,415
Truist 13 6.85% $5,447
LOANDEPOT.COM, LLC 13 7.01% $7,038
Meridian Bank Corporation 12 6.49% $7,032
Mr. Cooper ( Nationstar Mortgage ) 11 6.59% $8,743
MOVEMENT MORTGAGE, LLC 11 7.11% $5,248
Fulton Bank 11 6.82% $7,427
PNC Bank 11 6.66% $5,505
DEVELOPER'S MORTGAGE COMPANY 10 8.84% $8,598
Valley National Bank 10 6.21% $6,303
NAVY FEDERAL CREDIT UNION 10 6.25% $3,238
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.84% $6,952
PENNYMAC LOAN SERVICES, LLC 9 7.23% $8,336
PINNACLE MORTGAGE, INC. 9 6.51% $4,948
ALLIED MORTGAGE GROUP, INC. 9 6.79% $5,460
Wilmington Savings Fund Society, FSB 9 6.11% $6,857
Univest Bank and Trust Co. 9 6.54% $7,544
Firstrust Savings Bank 8 6.17% $8,428
CARDINAL FINANCIAL 8 6.91% $7,408
EMM LOANS LLC 8 6.97% $8,712
Northpointe Bank 8 6.66% $7,599
POLICE & FIRE 7 6.36% $3,220
AMERICAN HERITAGE FCU 7 6.60% $4,008
NJ LENDERS CORP. 7 6.70% $5,048
Paramount Residential Mortgage Group, Inc. 7 7.12% $7,927
US MORTGAGE CORPORATION 6 6.83% $10,364
Columbia Bank 6 6.21% $5,856
Charles Schwab Bank, SSB 6 5.95% $4,323
Quaint Oak Mortgage, LLC 6 6.58% $6,258
MUTUAL OF OMAHA MORTGAGE, INC. 6 7.29% $6,084
Acre Mortgage and Financial Inc 6 6.97% $7,825
Citibank 6 5.44% $6,543
Equity Prime Mortgage LLC 6 7.04% $7,021
1ST 2ND MORTGAGE COMPANY OF N.J., INC. 5 6.28% $5,537
PENTAGON FEDERAL CREDIT UNION 5 6.10% $6,608
AMERISAVE MORTGAGE CORPORATION 5 6.40% $9,979
JERSEY SHORE FEDERAL CREDIT UNION 4 5.47% $6,238
AMERICAN FEDERAL MORTGAGE CORPORATION 4 6.88% $4,744
AMERICAN FINANCIAL NETWORK, INC. 4 7.03% $5,376
MEMBER FIRST MORTGAGE, LLC 4 6.22% $4,557
Mid Penn Bank 4 6.81% $7,825
BETTER MORTGAGE CORPORATION 4 6.44% $3,826
Mortgage Research Center, LLC 4 6.62% $7,130
RESIDENTIAL HOME FUNDING CORP. 4 7.84% $7,450
First National Bank of America 4 9.90% $9,689
Flagstar Bank, FSB 4 6.96% $7,111
Ally Bank 4 6.22% $8,437
GUARANTEED RATE AFFINITY, LLC 4 7.56% $8,410
PLAZA HOME MORTGAGE, INC. 4 6.72% $9,305
HOMESIDE FINANCIAL, LLC 4 6.78% $8,758
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 7.19% $11,005
Huntingdon Valley Bank 4 6.50% $6,815
Mortgage America, Inc. 3 6.63% $5,132
GLENDENNING MORTGAGE CORPORATION 3 6.13% $7,830
AmRes Corporation 3 6.33% $7,839
The Huntington National Bank 3 5.69% $6,322
ARC HOME LLC 3 7.29% $14,859
HOMEXPRESS MORTGAGE CORP. 3 8.12% $18,400
BROKER SOLUTIONS, INC. 3 6.41% $7,012
GUIDANCE RESIDENTIAL, LLC 3 6.67% $7,825
BAY EQUITY LLC 3 6.62% $2,742
PROVIDENT FUNDING ASSOCIATES, L.P. 3 6.42% $4,898
Raymond James Bank 3 5.46% $4,356
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 5.78% $5,855
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.33% $8,037
UBS Bank USA 3 6.17% $10,634
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 7.50% $10,161
First Citizens Community Bank 3 7.12% $8,381
CONTOUR MORTGAGE CORPORATION 2 6.75% $13,224
DIRECT MORTGAGE LOANS, LLC 2 6.94% $5,733
Discover Bank 2 6.24% $0
Citadel Servicing Corporation 2 8.63% $8,601
A&D Mortgage LLC 2 8.81% $7,760
ENVOY MORTGAGE, LTD 2 6.56% $11,257
CITADEL FEDERAL CREDIT UNION 2 7.13% $4,336
FREEDOM MORTGAGE CORPORATION 2 7.50% $9,730
Goldman Sachs Bank USA 2 5.30% $9,063
Center City Mortgage and Investments LLC 2 7.06% $9,212
Ixonia Bank 2 6.87% $8,686
Kearny Bank 2 6.38% $3,073
Kwik Mortgage Corporation 2 6.94% $2,972
LAKEVIEW LOAN SERVICING, LLC 2 7.06% $10,362
LENDING CAPITAL GROUP Inc 2 6.68% $7,572
BOND STREET MORTGAGE, LLC 2 6.63% $8,465
Metro City Bank 2 7.25% $6,859
MLB RESIDENTIAL LENDING, LLC 2 6.75% $6,650
MORTGAGE ACCESS CORP. 2 7.13% $6,965
M&T Bank 2 5.75% $6,472
NATIONWIDE MORTGAGE BANKERS, INC. 2 6.88% $8,944
OCMBC, INC. 2 8.81% $13,481
Plains Commerce Bank 2 7.25% $8,437
Princeton Mortgage Corporation 2 7.19% $8,735
ROYAL UNITED MORTGAGE LLC 2 6.94% $7,925
SOUTH JERSEY 2 6.56% $2,818
State Financial Network, LLC 2 6.44% $2,634
Stifel Bank and Trust 2 5.31% $4,835
SUCCESS MORTGAGE PARTNERS, INC. 2 6.88% $7,606
SUN Federal Credit Union 2 5.38% $4,613
AMERICAN FINANCING CORPORATION 2 6.56% $9,629
United Nations Federal Credit Union 2 6.94% $4,330
VAN DYK MORTGAGE CORPORATION 2 5.81% $16,141
NMSI, INC. 1 7.75% $10,257
Lakeland Bank 1 7.25% $6,538
NP, Inc. 1 10.75% $170
OAKTREE FUNDING CORP. 1 7.25% $8,048
ATLANTIS MORTGAGE CO., INC. 1 6.99% $12,120
Watermark Capital, Inc. 1 6.50% $3,807
ONY GLO, INC. 1 6.13% $5,452
BRIDGEVIEW MORTGAGE CORP. 1 7.00% $6,294
Parke Bank 1 6.25% $9,412
Peapack-Gladstone Bank 1 6.13% $4,830
Penn Community Bank 1 7.50% $4,257
ASSOCIATED MORTGAGE BANKERS, INC. 1 8.00% $23,386
JET DIRECT FUNDING CORP 1 7.75% $9,015
PHILADELPHIA 1 6.38% $3,004
Philadelphia Mortgage Advisors, Inc. 1 6.63% $5,787
PIKE CREEK MORTGAGE SERVICES, INC. 1 6.63% $6,717
HSBC BANK USA, NATIONAL ASSOCIATION 1 5.80% $4,562
Commerce Home Mortgage, Inc. 1 8.88% $27,680
HARBORONE MORTGAGE, LLC 1 7.50% $8,482
GSF Mortgage Corporation 1 6.88% $10,684
GARDEN SAVINGS FEDERAL CREDIT UNION 1 5.88% $2,462
POLISH & SLAVIC FEDERAL CREDIT UNION 1 6.38% $4,723
Presidential Bank, FSB 1 7.63% $4,582
CHURCHILL MORTGAGE CORPORATION 1 6.25% $8,803
FRANKLIN MINT 1 5.63% $6,363
Evolve Bank & Trust 1 7.50% $5,939
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 9.63% $14,316
First Republic Bank 1 5.50% $21,405
First Horizon Bank 1 7.50% $6,899
ANGEL OAK HOME LOANS LLC 1 6.63% $9,213
Quontic Bank 1 6.50% $4,721
First Federal Bank 1 7.25% $4,567
RELIANCE FIRST CAPITAL, LLC 1 6.75% $5,415
ANDREWS FEDERAL CREDIT UNION 1 6.88% $5,034
First Commonwealth Federal Credit Union 1 5.25% $6,268
EVERETT FINANCIAL, INC. 1 6.99% $4,492
S1L, Inc. 1 6.99% $5,511
SECURITY SERVICE 1 7.00% $3,325
Shore United Bank 1 7.50% $5,570
USAA Federal Savings Bank 1 6.75% $2,916
EMBRACE HOME LOANS, INC. 1 6.50% $13,825
S&T Bank 1 7.00% $5,668
Citizens & Northern Bank 1 6.50% $3,970
STOCKTON MORTGAGE CORPORATION 1 7.25% $6,673
AFFINITY 1 5.13% $4,626
Sun East Federal Credit Union 1 5.38% $3,450
DEEPHAVEN MORTGAGE LLC 1 7.50% $33,445
T2 FINANCIAL LLC 1 6.99% $11,111
First-Citizens Bank & Trust Company 1 7.38% $3,100
The Farmers National Bank of Canfield 1 7.25% $4,718
The Fidelity Deposit and Discount Bank 1 4.88% $15,138
Financial Freedom Mortgage, LLC 1 8.12% $7,605
The Loan Store, Inc. 1 7.88% $7,468
Tompkins Trust Company 1 6.88% $2,663
Fifth Third Bank 1 6.63% $9,161
FBC MORTGAGE, LLC 1 6.38% $7,249
BMO Harris Bank 1 6.50% $6,285
Blue Ridge Bank 1 7.50% $3,733
BNY Mellon 1 5.75% $4,550
Farm Credit East, ACA 1 7.00% $4,715
Municipal Credit Union 1 5.75% $5,153
MICHIGAN MUTUAL, INC. 1 6.88% $9,955
Bethpage Federal Credit Union 1 6.00% $4,909
NATIONS DIRECT MORTGAGE, LLC 1 7.38% $4,062
UIF CORPORATION 1 7.13% $10,712
Berkshire Bank 1 5.25% $4,032
Bogota Savings Bank 1 6.63% $8,406
NEXERA HOLDING LLC 1 8.13% $10,841
Axos Bank 1 8.88% $8,705
LOANPAL, LLC 1 6.99% $7,480

ATLANTIC CITY - HAMMONTON Average Closing Costs & Other Stats

ATLANTIC CITY-HAMMONTON, NJ's 200 lenders originated 5,063 loans during 2023. The total origination value was $1,408,635,000, with an average loan value of $278,221.

ATLANTIC CITY - HAMMONTON's average closing costs are $5,639.

The top ATLANTIC CITY - HAMMONTON lender as defined by loan originations is Advisors Mortgage Group, L.L.C., with 234 loans originated. Their average total fees are $6,115, which is $915 higher than the next largest lender, GREENTREE MORTGAGE COMPANY, L.P..

The lowest fee ATLANTIC CITY - HAMMONTON lenders (with over 10 loans originated) are Republic Bank ($2,811), NAVY FEDERAL CREDIT UNION ($3,238), TD Bank ($4,291), 1st Colonial Community Bank ($4,726) and Morgan Stanley Private Bank ($4,764).

The lowest rate ATLANTIC CITY - HAMMONTON lenders (with over 10 loans originated) are Republic Bank (4.31%), CALIBER HOME LOANS, INC. (5.64%), Morgan Stanley Private Bank (5.76%), Wells Fargo Bank (5.96%) and Bank of America (6.11%).

ATLANTIC CITY-HAMMONTON, NJ Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Advisors Mortgage Group, L.L.C. $96,085,000 $95,795,000 -0.3% 6.8%
GREENTREE MORTGAGE COMPANY, L.P. $108,975,000 $78,115,000 -28.3% 5.5%
Wells Fargo Bank $69,185,000 $62,430,000 -9.8% 4.4%
Citizens Bank $61,805,000 $57,710,000 -6.6% 4.1%
OceanFirst Bank $77,755,000 $56,305,000 -27.6% 4.0%
TD Bank $61,660,000 $55,570,000 -9.9% 3.9%
QUICKEN LOANS, LLC $91,770,000 $52,205,000 -43.1% 3.7%
Arbor Realty Trust, Inc. $38,355,000 n/a 2.7%
CROSSCOUNTRY MORTGAGE, LLC $44,730,000 $37,290,000 -16.6% 2.6%
NATION ONE MORTGAGE CORPORATION $25,090,000 $33,090,000 31.9% 2.3%
Bank of America $39,715,000 $31,230,000 -21.4% 2.2%
Prosperity Home Mortgage, LLC $37,890,000 $27,625,000 -27.1% 2.0%
GUARANTEED RATE, INC. $32,270,000 $27,405,000 -15.1% 1.9%
UNITED WHOLESALE MORTGAGE, LLC $34,440,000 $27,320,000 -20.7% 1.9%
PNC Bank $43,690,000 $22,635,000 -48.2% 1.6%
1st Colonial Community Bank $15,245,000 $19,830,000 30.1% 1.4%
Fulton Bank $28,545,000 $19,465,000 -31.8% 1.4%
JPMorgan Chase Bank $21,790,000 $17,240,000 -20.9% 1.2%
RF Renovo Management Company, LLC $15,690,000 $16,400,000 4.5% 1.2%
U.S. Bank $11,720,000 $16,255,000 38.7% 1.2%
Gateway First Bank $17,330,000 $14,915,000 -13.9% 1.1%
NFM, INC. $15,070,000 $14,740,000 -2.2% 1.0%
Morgan Stanley Private Bank $18,700,000 $13,960,000 -25.3% 1.0%
Truist $53,335,000 $13,410,000 -74.9% 1.0%
UNION HOME MORTGAGE CORP. $21,410,000 $13,370,000 -37.6% 0.9%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $17,370,000 $12,650,000 -27.2% 0.9%
DHI MORTGAGE COMPANY, LTD. $18,335,000 $11,050,000 -39.7% 0.8%
Valley National Bank $13,475,000 $10,495,000 -22.1% 0.7%
Univest Bank and Trust Co. $7,010,000 $10,065,000 43.6% 0.7%
TRUMARK FINANCIAL CREDIT UNION $7,620,000 $9,990,000 31.1% 0.7%
PENNYMAC LOAN SERVICES, LLC $12,760,000 $9,930,000 -22.2% 0.7%
Wilmington Savings Fund Society, FSB $12,590,000 $9,755,000 -22.5% 0.7%
POLICE & FIRE $13,030,000 $9,640,000 -26.0% 0.7%
CMG MORTGAGE, INC. $3,060,000 $9,425,000 208.0% 0.7%
NAVY FEDERAL CREDIT UNION $11,255,000 $9,200,000 -18.3% 0.7%
Mortgage Research Center, LLC $18,355,000 $9,020,000 -50.9% 0.6%
JONES LANG LASALLE MULTIFAMILY, LLC $8,275,000 n/a 0.6%
NEWREZ LLC $5,175,000 $8,070,000 55.9% 0.6%
Manasquan Bank $645,000 $8,035,000 1,145.7% 0.6%
UBS Bank USA $4,925,000 $7,780,000 58.0% 0.6%
LOANDEPOT.COM, LLC $22,280,000 $7,670,000 -65.6% 0.5%
LENDINGHOME FUNDING CORPORATION $6,955,000 $7,260,000 4.4% 0.5%
JERSEY SHORE FEDERAL CREDIT UNION $6,570,000 $7,015,000 6.8% 0.5%
PINNACLE MORTGAGE, INC. $4,625,000 $6,830,000 47.7% 0.5%
Meridian Bank Corporation $15,950,000 $6,420,000 -59.7% 0.5%
Citibank $10,185,000 $6,160,000 -39.5% 0.4%
Firstrust Savings Bank $8,380,000 $6,130,000 -26.8% 0.4%
ALLIED MORTGAGE GROUP, INC. $9,030,000 $6,065,000 -32.8% 0.4%
DRAPER AND KRAMER MORTGAGE CORP. $20,455,000 $6,055,000 -70.4% 0.4%
The Victory Bank $6,775,000 $5,865,000 -13.4% 0.4%
Republic Bank $37,420,000 $5,835,000 -84.4% 0.4%
Charles Schwab Bank, SSB $7,775,000 $5,720,000 -26.4% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,705,000 $5,595,000 -35.7% 0.4%
CALIBER HOME LOANS, INC. $77,660,000 $5,495,000 -92.9% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $13,735,000 $5,485,000 -60.1% 0.4%
ABSOLUTE HOME MORTGAGE CORPORATION $6,490,000 $5,135,000 -20.9% 0.4%
AMERICAN FINANCIAL NETWORK, INC. $5,015,000 n/a 0.4%
Goldman Sachs Bank USA $3,005,000 $5,010,000 66.7% 0.4%
CARDINAL FINANCIAL $6,010,000 $4,735,000 -21.2% 0.3%
Northpointe Bank $2,295,000 $4,690,000 104.4% 0.3%
MLD MORTGAGE INC. $16,850,000 $4,520,000 -73.2% 0.3%
AMERISAVE MORTGAGE CORPORATION $9,840,000 $4,415,000 -55.1% 0.3%
Equity Prime Mortgage LLC $8,645,000 $4,240,000 -51.0% 0.3%
Acre Mortgage and Financial Inc $5,660,000 $4,065,000 -28.2% 0.3%
Commerce Home Mortgage, Inc. $3,665,000 $3,940,000 7.5% 0.3%
BROKER SOLUTIONS, INC. $4,080,000 $3,830,000 -6.1% 0.3%
NJ LENDERS CORP. $3,720,000 $3,825,000 2.8% 0.3%
EMM LOANS LLC $9,740,000 $3,785,000 -61.1% 0.3%
FREEDOM MORTGAGE CORPORATION $11,470,000 $3,710,000 -67.7% 0.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $2,735,000 $3,460,000 26.5% 0.2%
SOUTH JERSEY $4,420,000 $3,395,000 -23.2% 0.2%
First National Bank of Absecon $3,360,000 n/a 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $6,840,000 $3,360,000 -50.9% 0.2%
AMERICAN HERITAGE FCU $2,530,000 $3,305,000 30.6% 0.2%
Newfield National Bank $2,025,000 $3,060,000 51.1% 0.2%
MOVEMENT MORTGAGE, LLC $9,840,000 $3,020,000 -69.3% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,930,000 $2,935,000 52.1% 0.2%
M&T Bank $2,210,000 $2,885,000 30.5% 0.2%
Paramount Residential Mortgage Group, Inc. $7,155,000 $2,870,000 -59.9% 0.2%
PLAZA HOME MORTGAGE, INC. $165,000 $2,860,000 1,633.3% 0.2%
HOMEXPRESS MORTGAGE CORP. $245,000 $2,855,000 1,065.3% 0.2%
Mid Penn Bank $6,365,000 $2,770,000 -56.5% 0.2%
The Huntington National Bank $5,175,000 $2,755,000 -46.8% 0.2%
DEVELOPER'S MORTGAGE COMPANY $3,755,000 $2,645,000 -29.6% 0.2%
Discover Bank $2,150,000 $2,645,000 23.0% 0.2%
PENTAGON FEDERAL CREDIT UNION $4,795,000 $2,625,000 -45.3% 0.2%
Columbia Bank $12,650,000 $2,535,000 -80.0% 0.2%
FRANKLIN MINT $630,000 $2,535,000 302.4% 0.2%
First Citizens Community Bank $705,000 $2,465,000 249.6% 0.2%
ANGEL OAK HOME LOANS LLC $5,865,000 $2,445,000 -58.3% 0.2%
CITADEL FEDERAL CREDIT UNION $1,710,000 $2,275,000 33.0% 0.2%
S&T Bank $825,000 $2,260,000 173.9% 0.2%
US MORTGAGE CORPORATION $3,945,000 $2,175,000 -44.9% 0.2%
1ST 2ND MORTGAGE COMPANY OF N.J., INC. $125,000 $2,170,000 1,636.0% 0.2%
The Federal Savings Bank $1,540,000 $2,160,000 40.3% 0.2%
RESIDENTIAL HOME FUNDING CORP. $1,880,000 $2,055,000 9.3% 0.1%
Figure Lending LLC $995,000 $2,035,000 104.5% 0.1%
AMERICAN HERITAGE LENDING, INC. $1,405,000 $2,010,000 43.1% 0.1%
ARC HOME LLC $1,445,000 $1,985,000 37.4% 0.1%
Flagstar Bank, FSB $9,570,000 $1,920,000 -79.9% 0.1%
Logan Finance Corporation $245,000 $1,920,000 683.7% 0.1%
GUARANTEED RATE AFFINITY, LLC $4,655,000 $1,910,000 -59.0% 0.1%
Quaint Oak Mortgage, LLC $1,615,000 $1,890,000 17.0% 0.1%
Franklin Bank $2,405,000 $1,865,000 -22.5% 0.1%
Sturdy Savings Bank $3,610,000 $1,845,000 -48.9% 0.1%
ABCO Federal Credit Union $1,775,000 $1,825,000 2.8% 0.1%
A&D Mortgage LLC $2,860,000 $1,810,000 -36.7% 0.1%
Huntingdon Valley Bank $4,835,000 $1,800,000 -62.8% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,985,000 $1,750,000 -11.8% 0.1%
FINANCE OF AMERICA REVERSE LLC $1,255,000 $1,705,000 35.9% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $1,405,000 $1,645,000 17.1% 0.1%
FBC MORTGAGE, LLC $1,630,000 n/a 0.1%
Bogota Savings Bank $2,605,000 $1,605,000 -38.4% 0.1%
Monroe Savings Bank $1,595,000 n/a 0.1%
Hyperion Bank $1,505,000 n/a 0.1%
MEMBER FIRST MORTGAGE, LLC $755,000 $1,495,000 98.0% 0.1%
LIMA ONE CAPITAL, LLC $1,980,000 $1,480,000 -25.3% 0.1%
Parke Bank $10,215,000 $1,465,000 -85.7% 0.1%
AMERICAN FEDERAL MORTGAGE CORPORATION $2,355,000 $1,450,000 -38.4% 0.1%
The Fidelity Deposit and Discount Bank $595,000 $1,435,000 141.2% 0.1%
AMWEST FUNDING CORP. $295,000 $1,430,000 384.7% 0.1%
USAA Federal Savings Bank $4,590,000 $1,425,000 -69.0% 0.1%
Raymond James Bank $5,005,000 $1,355,000 -72.9% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $1,350,000 n/a 0.1%
American Bank $385,000 $1,325,000 244.2% 0.1%
DEEPHAVEN MORTGAGE LLC $7,385,000 $1,275,000 -82.7% 0.1%
HOMESIDE FINANCIAL, LLC $1,990,000 $1,265,000 -36.4% 0.1%
LENDINGONE, LLC $3,015,000 $1,230,000 -59.2% 0.1%
Peoples Security Bank and Trust Company $2,965,000 $1,230,000 -58.5% 0.1%
ARK MORTGAGE, INC. $195,000 $1,215,000 523.1% 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $1,950,000 $1,210,000 -37.9% 0.1%
SUN Federal Credit Union $475,000 $1,205,000 153.7% 0.1%
VAN DYK MORTGAGE CORPORATION $415,000 $1,170,000 181.9% 0.1%
LONGBRIDGE FINANCIAL, LLC $400,000 $1,150,000 187.5% 0.1%
LAKEVIEW LOAN SERVICING, LLC $2,960,000 $1,140,000 -61.5% 0.1%
Stifel Bank and Trust $1,280,000 $1,140,000 -10.9% 0.1%
FIRST CREDIT CORPORATION OF NEW YORK, INC. $830,000 $1,115,000 34.3% 0.1%
First Republic Bank $2,685,000 $1,105,000 -58.8% 0.1%
Cornerstone Bank $465,000 $1,095,000 135.5% 0.1%
First Commonwealth Federal Credit Union $65,000 $1,090,000 1,576.9% 0.1%
Hometown Equity Mortgage, LLC $1,270,000 $1,085,000 -14.6% 0.1%
ROYAL UNITED MORTGAGE LLC $170,000 $1,080,000 535.3% 0.1%
Axos Bank $285,000 $1,070,000 275.4% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $455,000 $1,065,000 134.1% 0.1%
PHILADELPHIA $910,000 $1,040,000 14.3% 0.1%
Farm Credit East, ACA $1,035,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $2,735,000 $1,030,000 -62.3% 0.1%
Coastal Community Bank $985,000 n/a 0.1%
FOUNDATION MORTGAGE CORPORATION $985,000 n/a 0.1%
GLENDENNING MORTGAGE CORPORATION $985,000 n/a 0.1%
The First National Bank of Elmer $985,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $165,000 $985,000 497.0% 0.1%
CONSTRUCTIVE LOANS, LLC $935,000 n/a 0.1%
BAY EQUITY LLC $590,000 $925,000 56.8% 0.1%
PLANET HOME LENDING, LLC $1,825,000 $925,000 -49.3% 0.1%
GUILD MORTGAGE COMPANY $2,205,000 $920,000 -58.3% 0.1%
GSF Mortgage Corporation $915,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $1,280,000 $910,000 -28.9% 0.1%
AMERICAN FINANCING CORPORATION $420,000 $905,000 115.5% 0.1%
ALLIANT CREDIT UNION $80,000 $900,000 1,025.0% 0.1%
Center City Mortgage and Investments LLC $85,000 $900,000 958.8% 0.1%
OCMBC, INC. $1,050,000 $900,000 -14.3% 0.1%
Plains Commerce Bank $1,550,000 $895,000 -42.3% 0.1%
Citadel Servicing Corporation $1,090,000 $890,000 -18.3% 0.1%
CONTOUR MORTGAGE CORPORATION $600,000 $890,000 48.3% 0.1%
LENDING CAPITAL GROUP Inc $830,000 $870,000 4.8% 0.1%
Ukrainian Selfreliance Federal Credit Union $1,535,000 $870,000 -43.3% 0.1%
NBKC BANK $815,000 $860,000 5.5% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $2,110,000 $845,000 -60.0% 0.1%
Lakeland Bank $2,460,000 $830,000 -66.3% 0.1%
NEXERA HOLDING LLC $830,000 n/a 0.1%
TOWER $995,000 $820,000 -17.6% 0.1%
BOND STREET MORTGAGE, LLC $430,000 $815,000 89.5% 0.1%
Carrington Mortgage Services, LLC $2,295,000 $815,000 -64.5% 0.1%
Mortgage America, Inc. $790,000 $815,000 3.2% 0.1%
First National Bank of America $895,000 $810,000 -9.5% 0.1%
NEW DAY FINANCIAL, LLC $1,495,000 $805,000 -46.2% 0.1%
Sun East Federal Credit Union $905,000 $795,000 -12.2% 0.1%
Penn Community Bank $560,000 $785,000 40.2% 0.1%
Ally Bank $1,320,000 $770,000 -41.7% 0.1%
ASSOCIATED MORTGAGE BANKERS, INC. $765,000 n/a 0.1%
Presidential Bank, FSB $3,205,000 $765,000 -76.1% 0.1%
Ardent Federal Credit Union $300,000 $755,000 151.7% 0.1%
The Gratz Bank $1,505,000 $755,000 -49.8% 0.1%
ENVOY MORTGAGE, LTD $2,480,000 $750,000 -69.8% 0.1%
Financial Freedom Mortgage, LLC $1,240,000 $745,000 -39.9% 0.1%
QNB Bank $645,000 $735,000 14.0% 0.1%
Keystone Funding, Inc. $690,000 n/a 0.0%
SUMMIT FUNDING, INC. $690,000 n/a 0.0%
Habib American Bank $495,000 $685,000 38.4% 0.0%
Fifth Third Bank $680,000 n/a 0.0%
SPRING EQ, LLC $1,440,000 $680,000 -52.8% 0.0%
EMBRACE HOME LOANS, INC. $715,000 $675,000 -5.6% 0.0%
AmeriHome Mortgage Company, LLC $1,370,000 $670,000 -51.1% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $1,475,000 $660,000 -55.3% 0.0%
Centier Bank $170,000 $630,000 270.6% 0.0%
Evolve Bank & Trust $355,000 $620,000 74.6% 0.0%
Kwik Mortgage Corporation $620,000 n/a 0.0%
United Nations Federal Credit Union $620,000 n/a 0.0%
AmRes Corporation $880,000 $615,000 -30.1% 0.0%
AFFINITY $715,000 $605,000 -15.4% 0.0%
Ixonia Bank $590,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $1,095,000 $590,000 -46.1% 0.0%
ATLANTIS MORTGAGE CO., INC. $680,000 $585,000 -14.0% 0.0%
ONY GLO, INC. $585,000 n/a 0.0%
BMO Harris Bank $405,000 $575,000 42.0% 0.0%
GUIDANCE RESIDENTIAL, LLC $305,000 $575,000 88.5% 0.0%
MORTGAGE ACCESS CORP. $3,460,000 $575,000 -83.4% 0.0%
Bethpage Federal Credit Union $1,650,000 $570,000 -65.5% 0.0%
Philadelphia Mortgage Advisors, Inc. $2,330,000 $565,000 -75.8% 0.0%
First Bank $555,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $295,000 $555,000 88.1% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $705,000 $540,000 -23.4% 0.0%
Princeton Mortgage Corporation $635,000 $540,000 -15.0% 0.0%
PEOPLE FIRST $525,000 n/a 0.0%
First Federal Bank $265,000 $510,000 92.5% 0.0%
Alaska USA Federal Credit Union $505,000 n/a 0.0%
Orrstown Bank $495,000 n/a 0.0%
New Century Bank $485,000 n/a 0.0%
Brighton Bank $465,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $460,000 n/a 0.0%
Kearny Bank $905,000 $450,000 -50.3% 0.0%
TRIAD FINANCIAL SERVICES, INC. $710,000 $440,000 -38.0% 0.0%
Armed Forces Bank $680,000 $435,000 -36.0% 0.0%
BAYPORT FUNDING LLC $425,000 n/a 0.0%
NMSI, INC. $425,000 n/a 0.0%
Shinhan Bank America $425,000 n/a 0.0%
LOANPAL, LLC $675,000 $420,000 -37.8% 0.0%
OPEN MORTGAGE, LLC $900,000 $420,000 -53.3% 0.0%
Signature Federal Credit Union $420,000 n/a 0.0%
Barrington Bank & Trust Company, N.A. $650,000 $405,000 -37.7% 0.0%
BNY Mellon $2,130,000 $405,000 -81.0% 0.0%
LENDSURE MORTGAGE CORP. $805,000 $405,000 -49.7% 0.0%
Nations Lending Corporation $1,920,000 $390,000 -79.7% 0.0%
HARBORONE MORTGAGE, LLC $385,000 n/a 0.0%
Shore United Bank $365,000 n/a 0.0%
TOTAL MORTGAGE SERVICES, LLC $360,000 n/a 0.0%
Metro City Bank $320,000 $350,000 9.4% 0.0%
ACADEMY MORTGAGE CORPORATION $390,000 $345,000 -11.5% 0.0%
Luxury Mortgage Corp. $475,000 $345,000 -27.4% 0.0%
MLB RESIDENTIAL LENDING, LLC $870,000 $340,000 -60.9% 0.0%
Glen Rock Savings Bank $335,000 n/a 0.0%
NP, Inc. $115,000 $335,000 191.3% 0.0%
CHURCHILL MORTGAGE CORPORATION $665,000 $325,000 -51.1% 0.0%
Pennsville National Bank $325,000 n/a 0.0%
SECURITY SERVICE $325,000 n/a 0.0%
Sharon Bank $325,000 n/a 0.0%
State Financial Network, LLC $1,400,000 $320,000 -77.1% 0.0%
Peoples Bank $315,000 n/a 0.0%
POLISH & SLAVIC FEDERAL CREDIT UNION $315,000 n/a 0.0%
The People's Credit Union $290,000 $315,000 8.6% 0.0%
BCB Community Bank $610,000 $310,000 -49.2% 0.0%
DIRECT MORTGAGE LOANS, LLC $265,000 $310,000 17.0% 0.0%
Haddon Savings Bank $1,280,000 $310,000 -75.8% 0.0%
BM Real Estate Services, Inc. $305,000 n/a 0.0%
First National Bank and Trust Company of Newtown $305,000 n/a 0.0%
VERITAS FUNDING, LLC $305,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $305,000 n/a 0.0%
PIKE CREEK MORTGAGE SERVICES, INC. $895,000 $295,000 -67.0% 0.0%
Residential Mortgage Solutions, Inc. $295,000 n/a 0.0%
Berkshire Bank $285,000 n/a 0.0%
Citizens & Northern Bank $1,660,000 $285,000 -82.8% 0.0%
GENEVA FINANCIAL, LLC $285,000 n/a 0.0%
Merchants Mortgage & Trust Corporation $285,000 n/a 0.0%
UIF CORPORATION $205,000 $285,000 39.0% 0.0%
T2 FINANCIAL LLC $275,000 n/a 0.0%
21ST MORTGAGE CORPORATION $35,000 $270,000 671.4% 0.0%
Credence Funding Corporation $255,000 n/a 0.0%
Peapack-Gladstone Bank $255,000 n/a 0.0%
USAlliance Federal Credit Union $645,000 $255,000 -60.5% 0.0%
PICATINNY FEDERAL CREDIT UNION $245,000 n/a 0.0%
Baxter Credit Union $235,000 n/a 0.0%
PHH Mortgage Corporation $840,000 $235,000 -72.0% 0.0%
STOCKTON MORTGAGE CORPORATION $235,000 n/a 0.0%
BRIDGEVIEW MORTGAGE CORP. $225,000 n/a 0.0%
Farmers Bank & Trust $365,000 $225,000 -38.4% 0.0%
MICHIGAN MUTUAL, INC. $185,000 $225,000 21.6% 0.0%
Tompkins Trust Company $225,000 n/a 0.0%
Upper Darby Belltelco Federal Credit Union $225,000 n/a 0.0%
CIVIC FINANCIAL SERVICES, LLC $2,375,000 $215,000 -90.9% 0.0%
First Horizon Bank $210,000 n/a 0.0%
Municipal Credit Union $805,000 $195,000 -75.8% 0.0%
SILVER HILL FUNDING, LLC $1,665,000 $195,000 -88.3% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $785,000 $195,000 -75.2% 0.0%
GARDEN SAVINGS FEDERAL CREDIT UNION $385,000 $185,000 -51.9% 0.0%
UNITED NORTHERN MORTGAGE BANKERS LIMITED $185,000 n/a 0.0%
American Airlines Federal Credit Union $180,000 n/a 0.0%
GREENWOOD $625,000 $180,000 -71.2% 0.0%
1st Bank of Sea Isle City $380,000 $175,000 -53.9% 0.0%
RESIDENTIAL BANCORP $175,000 n/a 0.0%
S1L, Inc. $175,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $270,000 $175,000 -35.2% 0.0%
Woori America Bank $175,000 n/a 0.0%
Blue Ridge Bank $165,000 n/a 0.0%
Millville Savings Bank $165,000 n/a 0.0%
The Loan Store, Inc. $165,000 n/a 0.0%
Watermark Capital, Inc. $165,000 $165,000 0.0% 0.0%
United States Senate Federal Credit Union $160,000 n/a 0.0%
BECKAM FUNDING CORP. $155,000 n/a 0.0%
JET DIRECT FUNDING CORP $155,000 n/a 0.0%
The Farmers National Bank of Canfield $155,000 n/a 0.0%
WALL STREET MORTGAGE BANKERS, LTD. $300,000 $155,000 -48.3% 0.0%
FREEDOM CREDIT UNION $100,000 $150,000 50.0% 0.0%
GEORGIA'S OWN $580,000 $145,000 -75.0% 0.0%
William Penn Bank $630,000 $145,000 -77.0% 0.0%
First-Citizens Bank & Trust Company $135,000 n/a 0.0%
HARTFORD FUNDING, LTD. $135,000 n/a 0.0%
Spencer Savings Bank, SLA $1,430,000 $130,000 -90.9% 0.0%
ANDREWS FEDERAL CREDIT UNION $125,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $1,350,000 $125,000 -90.7% 0.0%
MidFirst Bank $115,000 n/a 0.0%
Quontic Bank $445,000 $115,000 -74.2% 0.0%
FIRST ATLANTIC FEDERAL CREDIT UNION $175,000 $105,000 -40.0% 0.0%
OAKTREE FUNDING CORP. $520,000 $105,000 -79.8% 0.0%
Crest Savings Bank $460,000 $95,000 -79.3% 0.0%
EVERETT FINANCIAL, INC. $830,000 $95,000 -88.6% 0.0%
JUSTICE Federal Credit Union $310,000 $75,000 -75.8% 0.0%
NexBank $75,000 n/a 0.0%
TEACHERS $75,000 n/a 0.0%
APCI Federal Credit Union $335,000 $65,000 -80.6% 0.0%
Amboy Bank $55,000 n/a 0.0%
Lakeview Community Capital, LLC $1,315,000 $55,000 -95.8% 0.0%
Century Savings Bank $45,000 n/a 0.0%
DEEPWATER INDUSTRIES $15,000 $45,000 200.0% 0.0%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $35,000 n/a 0.0%
MERCK EMPLOYEES FEDERAL CREDIT UNION $105,000 $25,000 -76.2% 0.0%
UTILITIES EMPLOYEES CREDIT UNION $15,000 n/a 0.0%

ATLANTIC CITY - HAMMONTON's top lender by overall market share is Advisors Mortgage Group, L.L.C., with 6.8% market share. In second place, with 5.5%, is GREENTREE MORTGAGE COMPANY, L.P., having originated $78,115,000 in loans. In third place, with 4.4%, is Wells Fargo Bank, having originated $62,430,000 in loans. In fourth place, with 4.1%, is Citizens Bank, having originated $57,710,000 in loans. In fifth place, with 4.0%, is OceanFirst Bank, having originated $56,305,000 in loans.

ATLANTIC CITY-HAMMONTON, NJ Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
8037 Atlantic City-Hammonton, NJ MSA $1,100 $1,270 $1,590 $2,190 $2,420
8094 Atlantic City-Hammonton, NJ MSA $1,060 $1,190 $1,450 $1,780 $2,060
8201 Atlantic City-Hammonton, NJ MSA $1,280 $1,490 $1,880 $2,660 $2,900
8203 Atlantic City-Hammonton, NJ MSA $1,180 $1,370 $1,730 $2,450 $2,670
8205 Atlantic City-Hammonton, NJ MSA $1,180 $1,370 $1,730 $2,450 $2,670
8213 Atlantic City-Hammonton, NJ MSA $1,080 $1,250 $1,580 $2,240 $2,440
8215 Atlantic City-Hammonton, NJ MSA $1,070 $1,240 $1,560 $2,190 $2,390
8217 Atlantic City-Hammonton, NJ MSA $1,080 $1,250 $1,580 $2,240 $2,440
8220 Atlantic City-Hammonton, NJ MSA $1,080 $1,250 $1,580 $2,240 $2,440
8221 Atlantic City-Hammonton, NJ MSA $1,620 $1,880 $2,370 $3,350 $3,660
8225 Atlantic City-Hammonton, NJ MSA $1,450 $1,680 $2,120 $3,000 $3,270
8231 Atlantic City-Hammonton, NJ MSA $1,080 $1,250 $1,580 $2,240 $2,440
8232 Atlantic City-Hammonton, NJ MSA $1,040 $1,210 $1,520 $2,150 $2,350
8234 Atlantic City-Hammonton, NJ MSA $1,020 $1,180 $1,490 $2,110 $2,300
8240 Atlantic City-Hammonton, NJ MSA $1,080 $1,250 $1,580 $2,240 $2,440
8241 Atlantic City-Hammonton, NJ MSA $1,190 $1,390 $1,750 $2,480 $2,700
8244 Atlantic City-Hammonton, NJ MSA $1,050 $1,220 $1,540 $2,180 $2,380
8270 Atlantic City-Hammonton, NJ MSA $1,000 $1,130 $1,480 $1,870 $2,020
8310 Atlantic City-Hammonton, NJ MSA $1,000 $1,160 $1,460 $2,070 $2,260
8317 Atlantic City-Hammonton, NJ MSA $1,260 $1,440 $1,820 $2,550 $2,780
8319 Atlantic City-Hammonton, NJ MSA $1,060 $1,200 $1,560 $2,030 $2,200
8326 Atlantic City-Hammonton, NJ MSA $1,350 $1,570 $1,980 $2,800 $3,060
8330 Atlantic City-Hammonton, NJ MSA $1,290 $1,500 $1,890 $2,670 $2,920
8340 Atlantic City-Hammonton, NJ MSA $1,260 $1,430 $1,810 $2,540 $2,760
8341 Atlantic City-Hammonton, NJ MSA $860 $1,000 $1,270 $1,780 $1,970
8342 Atlantic City-Hammonton, NJ MSA $1,080 $1,250 $1,580 $2,240 $2,440
8344 Atlantic City-Hammonton, NJ MSA $1,270 $1,410 $1,720 $2,130 $2,440
8346 Atlantic City-Hammonton, NJ MSA $1,150 $1,330 $1,660 $2,300 $2,530
8350 Atlantic City-Hammonton, NJ MSA $1,100 $1,240 $1,570 $2,180 $2,370
8360 Atlantic City-Hammonton, NJ MSA $1,070 $1,120 $1,440 $1,900 $2,040
8361 Atlantic City-Hammonton, NJ MSA $1,120 $1,170 $1,510 $1,990 $2,130
8401 Atlantic City-Hammonton, NJ MSA $980 $1,140 $1,440 $2,040 $2,220
8402 Atlantic City-Hammonton, NJ MSA $1,220 $1,420 $1,790 $2,530 $2,770
8403 Atlantic City-Hammonton, NJ MSA $1,600 $1,870 $2,350 $3,320 $3,630
8404 Atlantic City-Hammonton, NJ MSA $1,080 $1,250 $1,580 $2,240 $2,440
8406 Atlantic City-Hammonton, NJ MSA $1,150 $1,330 $1,680 $2,380 $2,600

2022 Average & Median Rent Data Statistics
ATLANTIC CITY-HAMMONTON, NJ average 1BR rent: $1,325, median: $1,250
ATLANTIC CITY-HAMMONTON, NJ average 2BR rent: $1,673, median: $1,580
ATLANTIC CITY-HAMMONTON, NJ average 3BR rent: $2,326, median: $2,240

ATLANTIC CITY-HAMMONTON, NJ Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,932 $956,450,000 $326,211
Cash Out Refi 660 $164,870,000 $249,803
Home Improvement 592 $72,510,000 $122,483
Other 549 $82,165,000 $149,663
Refi 330 $132,640,000 $401,939

Atlantic City - Hammonton's most frequently cited loan purpose was Home Purchase, with 2,932 originations. The 2nd most popular reason was Cash Out Refi, with 660 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,903 $542,705,000 $285,184
7-8% 1,172 $308,960,000 $263,618
Over 8% 1,001 $166,385,000 $166,219
5-6% 703 $309,155,000 $439,765
4-5% 81 $32,345,000 $399,321
<2.5% 49 $2,475,000 $50,510
3-4% 27 $7,995,000 $296,111
2.5-3% 14 $5,340,000 $381,429

During 2023, Atlantic City - Hammonton's most frequently originated rate bucket was 6-7%, with 1,903 originations.

Loan Sizing (ATLANTIC CITY-HAMMONTON, NJ MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,863 $520,815,000 $279,557
$100k-200k 1,354 $196,770,000 $145,325
$100,000 or less 1,087 $60,925,000 $56,049
$400k-600k 453 $213,385,000 $471,049
$600k-1000k 184 $135,440,000 $736,087
$Over $1MM 122 $281,300,000 $2,305,738

ATLANTIC CITY - HAMMONTON's loan sizing saw the bucket of loans from $200k-400k with 1,863 originations, totaling $520,815,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,587 $493,655,000 $311,062
60-80% 1,386 $523,010,000 $377,352
Under 20% 769 $49,785,000 $64,740
20-40% 665 $112,235,000 $168,774
40-60% 504 $151,380,000 $300,357
Over 100% 40 $43,270,000 $1,081,750

ATLANTIC CITY - HAMMONTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,587 originations, totaling $493,655,000 in origination value.