Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Morris County, New Jersey
Every institution that decided a 1–4 unit mortgage application in Morris County, home to Morristown, between 2023 and 2025: 30,790 applications, 24,099 loans actually funded, across 8 kinds of borrowing.
Morris County at a glance
30,790Applications decided
2023–2025
24,099Loans funded
78% of decisions
110Census tracts
41 ZIP codes
510,375People
ACS 2023
What the data shows
Lenders approved 92.1% of home-purchase applications in Morris County, 3.1 points above the New Jersey rate.
The typical purchase mortgage here is $485K.
Investment home improvement is the hardest money to get here: lenders approved 57% of 147 applications.
Lending by loan type in Morris County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 92.1% | 13,838 | $485K | 97% | 419 |
| Home improvement loans | 67.3% | 6,138 | $105K | 93% | 150 |
| Cash-out refinance | 72.7% | 4,403 | $195K | 96% | 249 |
| Refinance | 79.0% | 4,722 | $255K | 95% | 252 |
| Investment property purchase | 83.8% | 971 | $395K | 96% | 182 |
| Investment cash-out refinance | 80.7% | 403 | $345K | 96% | 107 |
| Investment refinance | 78.0% | 168 | $435K | 92% | 81 |
| Investment home improvement | 57.1% | 147 | $355K | 94% | 32 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.