Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Mercer County, New Jersey
Every institution that decided a 1–4 unit mortgage application in Mercer County, home to Trenton, between 2023 and 2025: 22,534 applications, 17,150 loans actually funded, across 8 kinds of borrowing.
Mercer County at a glance
22,534Applications decided
2023–2025
17,150Loans funded
76% of decisions
84Census tracts
19 ZIP codes
383,286People
ACS 2023
What the data shows
The typical purchase mortgage here is $355K.
Investment home improvement is the hardest money to get here: lenders approved 46% of 171 applications.
Lending by loan type in Mercer County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 89.0% | 9,702 | $355K | 96% | 389 |
| Home improvement loans | 64.1% | 3,211 | $105K | 93% | 130 |
| Cash-out refinance | 68.0% | 3,146 | $175K | 95% | 211 |
| Refinance | 74.1% | 2,756 | $255K | 94% | 221 |
| Investment property purchase | 86.1% | 1,808 | $205K | 94% | 204 |
| Investment cash-out refinance | 88.1% | 1,256 | $195K | 97% | 120 |
| Investment refinance | 84.9% | 484 | $195K | 94% | 98 |
| Investment home improvement | 45.6% | 171 | $115K | 96% | 45 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.