Valley National Bank
Mortgage Loan Application
Totals and Details
for 2003
Find mortgage loan statistics, lending data, and loan application totals for New Jersey.
The mortgage statistics and data below are specific to mortgage loan applications for Valley National Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| Mortgage Company & Address | Valley National Bank 1460 Valley Road Wayne, NJ 07470 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 8,462 |
| Total Mortgage Loan Application Amount | $1,618,638,000 |
| Average Mortgage Loan Application Amount | $250,611 |
| Highest Mortgage Loan Application Amount | $17,538,000 |
| Average Applicant Income | $100,777 |
| Highest Applicant Income | $3,100,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in NJ, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Bergen County New Jersey | 1,500 | $ 344,105,000 | $ 229,000 | $ 108,000 |
| Morris County New Jersey | 1,168 | $ 232,538,000 | $ 199,000 | $ 98,000 |
| Passaic County New Jersey | 1,143 | $ 190,088,000 | $ 166,000 | $ 81,000 |
| Essex County New Jersey | 881 | $ 188,671,000 | $ 214,000 | $ 100,000 |
| Sussex County New Jersey | 433 | $ 62,578,000 | $ 144,000 | $ 82,000 |
| Middlesex County New Jersey | 328 | $ 51,716,000 | $ 157,000 | $ 95,000 |
| Union County New Jersey | 290 | $ 55,312,000 | $ 190,000 | $ 90,000 |
| Hudson County New Jersey | 242 | $ 39,205,000 | $ 162,000 | $ 75,000 |
| Somerset County New Jersey | 235 | $ 52,795,000 | $ 224,000 | $ 99,000 |
| Ocean County New Jersey | 228 | $ 36,626,000 | $ 160,000 | $ 100,000 |
| Monmouth County New Jersey | 201 | $ 39,639,000 | $ 197,000 | $ 114,000 |
| Warren County New Jersey | 186 | $ 28,516,000 | $ 153,000 | $ 95,000 |
| Montgomery County Pennsylvania | 115 | $ 18,038,000 | $ 156,000 | $ 126,000 |
| Westchester County New York | 99 | $ 29,363,000 | $ 296,000 | $ 128,000 |
| Hunterdon County New Jersey | 77 | $ 17,176,000 | $ 223,000 | $ 109,000 |
| Bucks County Pennsylvania | 77 | $ 10,671,000 | $ 138,000 | $ 123,000 |
| Mercer County New Jersey | 74 | $ 13,915,000 | $ 188,000 | $ 113,000 |
| Chester County Pennsylvania | 65 | $ 12,066,000 | $ 185,000 | $ 104,000 |
| Delaware County Pennsylvania | 57 | $ 7,544,000 | $ 132,000 | $ 199,000 |
| Rockland County New York | 55 | $ 13,849,000 | $ 251,000 | $ 102,000 |
| Burlington County New Jersey | 52 | $ 6,398,000 | $ 123,000 | $ 76,000 |
| Nassau County New York | 50 | $ 15,789,000 | $ 315,000 | $ 159,000 |
| New York County New York | 40 | $ 22,780,000 | $ 569,000 | $ 213,000 |
| Suffolk County New York | 40 | $ 10,423,000 | $ 260,000 | $ 273,000 |
| Camden County New Jersey | 39 | $ 4,143,000 | $ 106,000 | $ 71,000 |
| York County Pennsylvania | 36 | $ 3,628,000 | $ 100,000 | $ 73,000 |
| Philadelphia County Pennsylvania | 35 | $ 2,818,000 | $ 80,000 | $ 76,000 |
| Atlantic County New Jersey | 34 | $ 4,133,000 | $ 121,000 | $ 104,000 |
| Berks County Pennsylvania | 30 | $ 3,068,000 | $ 102,000 | $ 95,000 |
| Lancaster County Pennsylvania | 29 | $ 3,479,000 | $ 119,000 | $ 100,000 |
| Queens County New York | 27 | $ 6,220,000 | $ 230,000 | $ 74,000 |
| Orange County New York | 25 | $ 3,718,000 | $ 148,000 | $ 94,000 |
| Gloucester County New Jersey | 24 | $ 2,253,000 | $ 93,000 | $ 82,000 |
| Lehigh County Pennsylvania | 23 | $ 2,197,000 | $ 95,000 | $ 90,000 |
| Northampton County Pennsylvania | 23 | $ 2,186,000 | $ 95,000 | $ 55,000 |
| Cape May County New Jersey | 20 | $ 3,032,000 | $ 151,000 | $ 153,000 |
| Palm Beach County Florida | 18 | $ 4,504,000 | $ 250,000 | $ 179,000 |
| Dutchess County New York | 18 | $ 2,742,000 | $ 152,000 | $ 86,000 |
| Pike County Pennsylvania | 17 | $ 1,693,000 | $ 99,000 | $ 85,000 |
| Fairfield County Connecticut | 16 | $ 7,410,000 | $ 463,000 | $ 242,000 |
| Hillsborough County New Hampshire | 16 | $ 1,972,000 | $ 123,000 | $ 105,000 |
| Dauphin County Pennsylvania | 16 | $ 1,621,000 | $ 101,000 | $ 71,000 |
| Cumberland County Pennsylvania | 15 | $ 1,304,000 | $ 86,000 | $ 74,000 |
| Monroe County Pennsylvania | 15 | $ 1,662,000 | $ 110,000 | $ 102,000 |
| Allegheny County Pennsylvania | 14 | $ 1,233,000 | $ 88,000 | $ 75,000 |
| Lee County Florida | 13 | $ 2,220,000 | $ 170,000 | $ 126,000 |
| Cumberland County New Jersey | 12 | $ 1,113,000 | $ 92,000 | $ 65,000 |
| Richmond County New York | 12 | $ 2,630,000 | $ 219,000 | $ 87,000 |
| Lebanon County Pennsylvania | 12 | $ 1,324,000 | $ 110,000 | $ 103,000 |
| New Castle County Delaware | 10 | $ 1,131,000 | $ 113,000 | $ 79,000 |
| Cumberland County Maine | 10 | $ 895,000 | $ 89,000 | $ 63,000 |
| Rockingham County New Hampshire | 10 | $ 1,168,000 | $ 116,000 | $ 176,000 |
| Bronx County New York | 10 | $ 1,499,000 | $ 149,000 | $ 63,000 |
| Kings County New York | 10 | $ 2,548,000 | $ 254,000 | $ 79,000 |
| Middlesex County Massachusetts | 7 | $ 3,417,000 | $ 488,000 | $ 198,000 |
| Franklin County Pennsylvania | 7 | $ 845,000 | $ 120,000 | $ 63,000 |
| Orange County Florida | 6 | $ 873,000 | $ 145,000 | $ 66,000 |
| Androscoggin County Maine | 6 | $ 482,000 | $ 80,000 | $ 59,000 |
| Salem County New Jersey | 6 | $ 454,000 | $ 75,000 | $ 59,000 |
| York County Maine | 5 | $ 406,000 | $ 81,000 | $ 77,000 |
| Merrimack County New Hampshire | 5 | $ 382,000 | $ 76,000 | $ 84,000 |
| Adams County Pennsylvania | 5 | $ 492,000 | $ 98,000 | $ 64,000 |
| Hartford County Connecticut | 4 | $ 1,236,000 | $ 309,000 | $ 161,000 |
| New London County Connecticut | 4 | $ 944,000 | $ 236,000 | $ 106,000 |
| Sussex County Delaware | 4 | $ 1,158,000 | $ 289,000 | $ 42,000 |
| Broward County Florida | 4 | $ 682,000 | $ 170,000 | $ 135,000 |
| Montgomery County Maryland | 4 | $ 693,000 | $ 173,000 | $ 130,000 |
| Essex County Massachusetts | 4 | $ 1,748,000 | $ 437,000 | $ 318,000 |
| Worcester County Massachusetts | 4 | $ 767,000 | $ 191,000 | $ 94,000 |
| Putnam County New York | 4 | $ 650,000 | $ 162,000 | $ 122,000 |
| Ulster County New York | 4 | $ 269,000 | $ 67,000 | $ 93,000 |
| Warren County New York | 4 | $ 545,000 | $ 136,000 | $ 126,000 |
| Wayne County Pennsylvania | 4 | $ 841,000 | $ 210,000 | $ 67,000 |
| Fairfax County Virginia | 4 | $ 820,000 | $ 205,000 | $ 100,000 |
| Litchfield County Connecticut | 3 | $ 1,102,000 | $ 367,000 | $ 214,000 |
| Brevard County Florida | 3 | $ 254,000 | $ 84,000 | $ 66,000 |
| Collier County Florida | 3 | $ 413,000 | $ 137,000 | $ 242,000 |
| Miami-Dade County Florida | 3 | $ 798,000 | $ 266,000 | $ 199,000 |
| Volusia County Florida | 3 | $ 287,000 | $ 95,000 | $ 100,000 |
| Sagadahoc County Maine | 3 | $ 269,000 | $ 89,000 | $ 82,000 |
| Frederick County Maryland | 3 | $ 507,000 | $ 169,000 | $ 112,000 |
| Greene County New York | 3 | $ 546,000 | $ 182,000 | $ 111,000 |
| Saratoga County New York | 3 | $ 359,000 | $ 119,000 | $ 131,000 |
| Sullivan County New York | 3 | $ 407,000 | $ 135,000 | $ 192,000 |
| Carbon County Pennsylvania | 3 | $ 200,000 | $ 66,000 | $ 76,000 |
| Luzerne County Pennsylvania | 3 | $ 171,000 | $ 57,000 | $ 54,000 |
| Beaufort County South Carolina | 3 | $ 262,000 | $ 87,000 | $ 100,000 |
| Tolland County Connecticut | 2 | $ 228,000 | $ 114,000 | $ 87,000 |
| Windham County Connecticut | 2 | $ 231,000 | $ 115,000 | $ 67,000 |
| Martin County Florida | 2 | $ 283,000 | $ 141,000 | $ 101,000 |
| Osceola County Florida | 2 | $ 158,000 | $ 79,000 | $ 93,000 |
| Pinellas County Florida | 2 | $ 211,000 | $ 105,000 | $ 157,000 |
| Sarasota County Florida | 2 | $ 276,000 | $ 138,000 | $ 171,000 |
| Lincoln County Maine | 2 | $ 265,000 | $ 132,000 | $ 187,000 |
| Baltimore County Maryland | 2 | $ 499,000 | $ 249,000 | $ 125,000 |
| Harford County Maryland | 2 | $ 231,000 | $ 115,000 | $ 101,000 |
| Prince George's County Maryland | 2 | $ 404,000 | $ 202,000 | $ 124,000 |
| Norfolk County Massachusetts | 2 | $ 799,000 | $ 399,000 | $ 168,000 |
| Belknap County New Hampshire | 2 | $ 154,000 | $ 77,000 | $ 66,000 |
| Carroll County New Hampshire | 2 | $ 212,000 | $ 106,000 | $ 192,000 |
| Columbia County New York | 2 | $ 475,000 | $ 237,000 | $ 138,000 |
| Erie County New York | 2 | $ 183,000 | $ 91,000 | $ 61,000 |
| Rensselaer County New York | 2 | $ 415,000 | $ 207,000 | $ 84,000 |
| Washington County New York | 2 | $ 228,000 | $ 114,000 | $ 102,000 |
| Lackawanna County Pennsylvania | 2 | $ 188,000 | $ 94,000 | $ 95,000 |
| Perry County Pennsylvania | 2 | $ 268,000 | $ 134,000 | $ 95,000 |
| Rutland County Vermont | 2 | $ 350,000 | $ 175,000 | $ 386,000 |
| Loudoun County Virginia | 2 | $ 266,000 | $ 133,000 | $ 57,000 |
| Kanawha County West Virginia | 2 | $ 183,000 | $ 91,000 | $ 65,000 |
| San Diego County California | 1 | $ 791,000 | $ 791,000 | $ 0 |
| Adams County Colorado | 1 | $ 150,000 | $ 150,000 | $ 151,000 |
| Middlesex County Connecticut | 1 | $ 60,000 | $ 60,000 | $ 152,000 |
| New Haven County Connecticut | 1 | $ 162,000 | $ 162,000 | $ 130,000 |
| Charlotte County Florida | 1 | $ 92,000 | $ 92,000 | $ 41,000 |
| Indian River County Florida | 1 | $ 200,000 | $ 200,000 | $ 164,000 |
| Lake County Florida | 1 | $ 54,000 | $ 54,000 | $ 93,000 |
| Manatee County Florida | 1 | $ 350,000 | $ 350,000 | $ 96,000 |
| Pasco County Florida | 1 | $ 200,000 | $ 200,000 | $ 143,000 |
| Seminole County Florida | 1 | $ 160,000 | $ 160,000 | $ 61,000 |
| St. Lucie County Florida | 1 | $ 260,000 | $ 260,000 | $ 626,000 |
| Columbia County Georgia | 1 | $ 393,000 | $ 393,000 | $ 318,000 |
| Dodge County Georgia | 1 | $ 64,000 | $ 64,000 | $ 54,000 |
| Irwin County Georgia | 1 | $ 50,000 | $ 50,000 | $ 107,000 |
| DuPage County Illinois | 1 | $ 169,000 | $ 169,000 | $ 75,000 |
| Penobscot County Maine | 1 | $ 85,000 | $ 85,000 | $ 67,000 |
| Anne Arundel County Maryland | 1 | $ 100,000 | $ 100,000 | $ 105,000 |
| Carroll County Maryland | 1 | $ 135,000 | $ 135,000 | $ 46,000 |
| Washington County Maryland | 1 | $ 148,000 | $ 148,000 | $ 48,000 |
| Barnstable County Massachusetts | 1 | $ 380,000 | $ 380,000 | $ 189,000 |
| Berkshire County Massachusetts | 1 | $ 350,000 | $ 350,000 | $ 0 |
| Bristol County Massachusetts | 1 | $ 113,000 | $ 113,000 | $ 129,000 |
| Plymouth County Massachusetts | 1 | $ 384,000 | $ 384,000 | $ 180,000 |
| Grafton County New Hampshire | 1 | $ 72,000 | $ 72,000 | $ 192,000 |
| Strafford County New Hampshire | 1 | $ 68,000 | $ 68,000 | $ 90,000 |
| Albany County New York | 1 | $ 81,000 | $ 81,000 | $ 82,000 |
| Broome County New York | 1 | $ 45,000 | $ 45,000 | $ 47,000 |
| Delaware County New York | 1 | $ 114,000 | $ 114,000 | $ 276,000 |
| Essex County New York | 1 | $ 275,000 | $ 275,000 | $ 105,000 |
| Jefferson County New York | 1 | $ 122,000 | $ 122,000 | $ 47,000 |
| Monroe County New York | 1 | $ 50,000 | $ 50,000 | $ 60,000 |
| Montgomery County New York | 1 | $ 52,000 | $ 52,000 | $ 24,000 |
| Onondaga County New York | 1 | $ 117,000 | $ 117,000 | $ 135,000 |
| Ontario County New York | 1 | $ 142,000 | $ 142,000 | $ 75,000 |
| Otsego County New York | 1 | $ 32,000 | $ 32,000 | $ 101,000 |
| Schuyler County New York | 1 | $ 60,000 | $ 60,000 | $ 62,000 |
| St. Lawrence County New York | 1 | $ 126,000 | $ 126,000 | $ 273,000 |
| Steuben County New York | 1 | $ 88,000 | $ 88,000 | $ 99,000 |
| Wake County North Carolina | 1 | $ 160,000 | $ 160,000 | $ 61,000 |
| Butler County Ohio | 1 | $ 85,000 | $ 85,000 | $ 57,000 |
| Butler County Pennsylvania | 1 | $ 100,000 | $ 100,000 | $ 64,000 |
| Centre County Pennsylvania | 1 | $ 196,000 | $ 196,000 | $ 57,000 |
| Erie County Pennsylvania | 1 | $ 66,000 | $ 66,000 | $ 45,000 |
| Schuylkill County Pennsylvania | 1 | $ 129,000 | $ 129,000 | $ 72,000 |
| Susquehanna County Pennsylvania | 1 | $ 92,000 | $ 92,000 | $ 86,000 |
| Union County Pennsylvania | 1 | $ 121,000 | $ 121,000 | $ 88,000 |
| Westmoreland County Pennsylvania | 1 | $ 66,000 | $ 66,000 | $ 73,000 |
| Newport County Rhode Island | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Providence County Rhode Island | 1 | $ 265,000 | $ 265,000 | $ 136,000 |
| Charleston County South Carolina | 1 | $ 398,000 | $ 398,000 | $ 216,000 |
| Richland County South Carolina | 1 | $ 75,000 | $ 75,000 | $ 64,000 |
| Windham County Vermont | 1 | $ 133,000 | $ 133,000 | $ 172,000 |
| Alexandria County Virginia | 1 | $ 213,000 | $ 213,000 | $ 227,000 |
| Arlington County Virginia | 1 | $ 178,000 | $ 178,000 | $ 81,000 |
| Franklin County Virginia | 1 | $ 50,000 | $ 50,000 | $ 84,000 |
| Prince William County Virginia | 1 | $ 120,000 | $ 120,000 | $ 68,000 |
| Shenandoah County Virginia | 1 | $ 200,000 | $ 200,000 | $ 48,000 |
| Monongalia County West Virginia | 1 | $ 75,000 | $ 75,000 | $ 68,000 |
| Wood County West Virginia | 1 | $ 126,000 | $ 126,000 | $ 75,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of New Jersey,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Valley National Bank in 2003
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 7,285 | $1,345,299,000 | $209,857 | $2,000,000 | $118,952 | $3,100,000 |
| Home Purchase (one-to-four family) | 853 | $219,895,000 | $232,200 | $1,100,000 | $96,600 | $1,896,000 |
| Home Improvement (one-to-four family) | 288 | $13,158,000 | $27,000 | $375,000 | $54,666 | $312,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 36 | $40,286,000 | $1,106,000 | $17,538,000 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 5,859 | $1,089,735,000 | $206,050 | $1,100,000 | $120,400 | $2,758,000 |
| Information not provided by applicant in mail or telephone application | 1,597 | $323,267,000 | $271,307 | $2,000,000 | $100,846 | $3,100,000 |
| Hispanic | 413 | $64,177,000 | $182,800 | $600,000 | $90,200 | $550,000 |
| Asian or Pacific Islander | 373 | $76,957,000 | $148,500 | $750,000 | $117,500 | $1,072,000 |
| Black | 141 | $20,002,000 | $111,000 | $450,000 | $97,800 | $346,000 |
| Other | 34 | $6,251,000 | $270,250 | $457,000 | $87,750 | $240,000 |
| Not applicable | 24 | $35,125,000 | $1,416,500 | $17,538,000 | $0 | $0 |
| American Indian or Alaskan Native | 21 | $3,124,000 | $148,000 | $365,000 | $86,000 | $195,000 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 8,462 | $1,618,638,000 | $211,000 | $17,538,000 | $111,428 | $3,100,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 7,124 | $1,264,703,000 | $204,578 | $1,250,000 | $110,052 | $3,100,000 |
| Application Approved But Not Accepted | 425 | $93,217,000 | $176,416 | $1,000,000 | $135,916 | $1,392,000 |
| Application Denied By Financial Institution | 388 | $63,177,000 | $135,833 | $1,000,000 | $65,166 | $332,000 |
| Application Withdrawn By Applicant | 354 | $125,317,000 | $325,181 | $17,538,000 | $118,363 | $1,100,000 |
| Loan Purchased By The Institution | 171 | $72,224,000 | $486,400 | $800,000 | $243,800 | $1,026,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 183 | $25,968,000 | $131,800 | $850,000 | $40,200 | $217,000 |
| Collateral | 72 | $12,515,000 | $174,250 | $495,000 | $78,500 | $317,000 |
| Credit History | 72 | $14,613,000 | $205,000 | $1,000,000 | $86,200 | $236,000 |
| Other | 29 | $4,644,000 | $89,750 | $489,000 | $78,250 | $332,000 |
| Credit Application Incomplete | 25 | $4,117,000 | $125,333 | $365,000 | $107,666 | $278,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 7 | $1,320,000 | $188,000 | $300,000 | $88,000 | $185,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in NJ, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in New Jersey, and search similar information at your convenience.