Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Union County, New Jersey
Every institution that decided a 1–4 unit mortgage application in Union County, home to Elizabeth, between 2023 and 2025: 29,567 applications, 21,078 loans actually funded, across 8 kinds of borrowing.
Union County at a glance
29,567Applications decided
2023–2025
21,078Loans funded
71% of decisions
120Census tracts
26 ZIP codes
572,549People
ACS 2023
What the data shows
The typical purchase mortgage here is $515K.
Investment home improvement is the hardest money to get here: lenders approved 47% of 293 applications.
Lending by loan type in Union County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 88.4% | 12,319 | $515K | 96% | 368 |
| Home improvement loans | 54.0% | 5,368 | $125K | 91% | 149 |
| Cash-out refinance | 64.7% | 4,762 | $275K | 94% | 243 |
| Refinance | 75.4% | 3,565 | $335K | 94% | 235 |
| Investment property purchase | 83.6% | 1,943 | $425K | 92% | 198 |
| Investment cash-out refinance | 74.9% | 844 | $425K | 93% | 139 |
| Investment refinance | 78.4% | 473 | $415K | 91% | 109 |
| Investment home improvement | 46.8% | 293 | $305K | 93% | 50 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.