Valley National Bank
Mortgage Loan Application
Totals and Details
for 2007
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 | 2,107 |
| Total Mortgage Loan Application Amount | $549,250,000 |
| Average Mortgage Loan Application Amount | $252,666 |
| Highest Mortgage Loan Application Amount | $6,100,000 |
| Average Applicant Income | $135,666 |
| Highest Applicant Income | $9,999,000 |
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 | 277 | $ 69,449,000 | $ 250,000 | $ 149,000 |
| Passaic County New Jersey | 254 | $ 47,033,000 | $ 185,000 | $ 101,000 |
| Morris County New Jersey | 211 | $ 49,927,000 | $ 236,000 | $ 132,000 |
| Essex County New Jersey | 210 | $ 43,018,000 | $ 204,000 | $ 145,000 |
| Monmouth County New Jersey | 126 | $ 32,898,000 | $ 261,000 | $ 195,000 |
| Sussex County New Jersey | 107 | $ 15,584,000 | $ 145,000 | $ 93,000 |
| Hudson County New Jersey | 73 | $ 14,883,000 | $ 203,000 | $ 107,000 |
| Middlesex County New Jersey | 66 | $ 12,176,000 | $ 184,000 | $ 97,000 |
| Union County New Jersey | 62 | $ 13,291,000 | $ 214,000 | $ 118,000 |
| Ocean County New Jersey | 53 | $ 19,578,000 | $ 369,000 | $ 167,000 |
| Warren County New Jersey | 46 | $ 5,202,000 | $ 113,000 | $ 111,000 |
| Somerset County New Jersey | 45 | $ 11,413,000 | $ 253,000 | $ 150,000 |
| New York County New York | 35 | $ 29,199,000 | $ 834,000 | $ 349,000 |
| Philadelphia County Pennsylvania | 26 | $ 8,542,000 | $ 328,000 | $ 130,000 |
| Nassau County New York | 24 | $ 11,262,000 | $ 469,000 | $ 126,000 |
| Virginia Beach County Virginia | 24 | $ 8,033,000 | $ 334,000 | $ 78,000 |
| Kings County New York | 22 | $ 10,559,000 | $ 479,000 | $ 91,000 |
| Westchester County New York | 22 | $ 8,712,000 | $ 396,000 | $ 233,000 |
| Loudoun County Virginia | 22 | $ 8,503,000 | $ 386,000 | $ 111,000 |
| Suffolk County New York | 19 | $ 8,258,000 | $ 434,000 | $ 165,000 |
| Anne Arundel County Maryland | 17 | $ 6,719,000 | $ 395,000 | $ 50,000 |
| Queens County New York | 16 | $ 4,653,000 | $ 290,000 | $ 50,000 |
| Fairfax County Virginia | 13 | $ 7,077,000 | $ 544,000 | $ 153,000 |
| Orange County New York | 12 | $ 3,493,000 | $ 291,000 | $ 110,000 |
| Duval County Florida | 11 | $ 2,409,000 | $ 219,000 | $ 963,000 |
| Montgomery County Maryland | 11 | $ 6,448,000 | $ 586,000 | $ 258,000 |
| Mercer County New Jersey | 11 | $ 4,747,000 | $ 431,000 | $ 181,000 |
| Baltimore County Maryland | 10 | $ 2,991,000 | $ 299,000 | $ 88,000 |
| Burlington County New Jersey | 10 | $ 2,705,000 | $ 270,000 | $ 85,000 |
| Hunterdon County New Jersey | 10 | $ 4,218,000 | $ 421,000 | $ 196,000 |
| Palm Beach County Florida | 9 | $ 4,983,000 | $ 553,000 | $ 164,000 |
| Pike County Pennsylvania | 9 | $ 1,280,000 | $ 142,000 | $ 118,000 |
| Chesterfield County Virginia | 8 | $ 1,821,000 | $ 227,000 | $ 76,000 |
| St. Johns County Florida | 7 | $ 3,396,000 | $ 485,000 | $ 312,000 |
| Richmond County New York | 7 | $ 1,904,000 | $ 272,000 | $ 51,000 |
| Monroe County Pennsylvania | 7 | $ 956,000 | $ 136,000 | $ 77,000 |
| Montgomery County Pennsylvania | 7 | $ 2,666,000 | $ 380,000 | $ 133,000 |
| Cape May County New Jersey | 6 | $ 2,274,000 | $ 379,000 | $ 152,000 |
| Chester County Pennsylvania | 6 | $ 2,398,000 | $ 399,000 | $ 139,000 |
| Delaware County Pennsylvania | 6 | $ 2,844,000 | $ 474,000 | $ 162,000 |
| Henrico County Virginia | 6 | $ 1,961,000 | $ 326,000 | $ 111,000 |
| Spotsylvania County Virginia | 6 | $ 1,139,000 | $ 189,000 | $ 137,000 |
| Prince George's County Maryland | 5 | $ 1,976,000 | $ 395,000 | $ 108,000 |
| Atlantic County New Jersey | 5 | $ 2,133,000 | $ 426,000 | $ 183,000 |
| Rockland County New York | 5 | $ 1,984,000 | $ 396,000 | $ 173,000 |
| Charleston County South Carolina | 5 | $ 1,325,000 | $ 265,000 | $ 114,000 |
| Prince William County Virginia | 5 | $ 2,401,000 | $ 480,000 | $ 26,000 |
| Frederick County Maryland | 4 | $ 978,000 | $ 244,000 | $ 36,000 |
| Gloucester County New Jersey | 4 | $ 1,095,000 | $ 273,000 | $ 70,000 |
| Bucks County Pennsylvania | 4 | $ 809,000 | $ 202,000 | $ 70,000 |
| Northampton County Pennsylvania | 4 | $ 581,000 | $ 145,000 | $ 35,000 |
| York County Pennsylvania | 4 | $ 415,000 | $ 103,000 | $ 89,000 |
| District of Columbia County District Of Columbia | 3 | $ 1,963,000 | $ 654,000 | $ 0 |
| Camden County New Jersey | 3 | $ 741,000 | $ 247,000 | $ 0 |
| Bronx County New York | 3 | $ 887,000 | $ 295,000 | $ 255,000 |
| Chesapeake County Virginia | 3 | $ 778,000 | $ 259,000 | $ 85,000 |
| Lynchburg County Virginia | 3 | $ 562,000 | $ 187,000 | $ 73,000 |
| Richmond City County Virginia | 3 | $ 830,000 | $ 276,000 | $ 141,000 |
| York County Virginia | 3 | $ 898,000 | $ 299,000 | $ 98,000 |
| Fairfield County Connecticut | 2 | $ 1,080,000 | $ 540,000 | $ 186,000 |
| Brevard County Florida | 2 | $ 270,000 | $ 135,000 | $ 241,000 |
| Broward County Florida | 2 | $ 350,000 | $ 175,000 | $ 143,000 |
| Miami-Dade County Florida | 2 | $ 591,000 | $ 295,000 | $ 168,000 |
| Osceola County Florida | 2 | $ 514,000 | $ 257,000 | $ 101,000 |
| Seminole County Florida | 2 | $ 373,000 | $ 186,000 | $ 123,000 |
| Baltimore City County Maryland | 2 | $ 300,000 | $ 150,000 | $ 126,000 |
| Harford County Maryland | 2 | $ 404,000 | $ 202,000 | $ 103,000 |
| Howard County Maryland | 2 | $ 973,000 | $ 486,000 | $ 59,000 |
| Cumberland County New Jersey | 2 | $ 210,000 | $ 105,000 | $ 86,000 |
| Delaware County New York | 2 | $ 335,000 | $ 167,000 | $ 359,000 |
| Dutchess County New York | 2 | $ 202,000 | $ 101,000 | $ 147,000 |
| Erie County New York | 2 | $ 305,000 | $ 152,000 | $ 103,000 |
| Sullivan County New York | 2 | $ 305,000 | $ 152,000 | $ 160,000 |
| Guilford County North Carolina | 2 | $ 336,000 | $ 168,000 | $ 36,000 |
| Wake County North Carolina | 2 | $ 525,000 | $ 262,000 | $ 127,000 |
| Dauphin County Pennsylvania | 2 | $ 162,000 | $ 81,000 | $ 97,000 |
| Lancaster County Pennsylvania | 2 | $ 125,000 | $ 62,000 | $ 83,000 |
| Wayne County Pennsylvania | 2 | $ 171,000 | $ 85,000 | $ 112,000 |
| Fauquier County Virginia | 2 | $ 516,000 | $ 258,000 | $ 0 |
| Frederick County Virginia | 2 | $ 507,000 | $ 253,000 | $ 58,000 |
| Norfolk County Virginia | 2 | $ 502,000 | $ 251,000 | $ 115,000 |
| Portsmouth County Virginia | 2 | $ 980,000 | $ 490,000 | $ 187,000 |
| Roanoke County Virginia | 2 | $ 526,000 | $ 263,000 | $ 93,000 |
| Gila County Arizona | 1 | $ 709,000 | $ 709,000 | $ 0 |
| Grand County Colorado | 1 | $ 500,000 | $ 500,000 | $ 315,000 |
| Litchfield County Connecticut | 1 | $ 225,000 | $ 225,000 | $ 163,000 |
| New Haven County Connecticut | 1 | $ 285,000 | $ 285,000 | $ 92,000 |
| New Castle County Delaware | 1 | $ 593,000 | $ 593,000 | $ 0 |
| Sussex County Delaware | 1 | $ 300,000 | $ 300,000 | $ 158,000 |
| Bay County Florida | 1 | $ 280,000 | $ 280,000 | $ 526,000 |
| Clay County Florida | 1 | $ 299,000 | $ 299,000 | $ 166,000 |
| Collier County Florida | 1 | $ 488,000 | $ 488,000 | $ 324,000 |
| Hillsborough County Florida | 1 | $ 250,000 | $ 250,000 | $ 93,000 |
| Indian River County Florida | 1 | $ 567,000 | $ 567,000 | $ 317,000 |
| Lee County Florida | 1 | $ 277,000 | $ 277,000 | $ 80,000 |
| Pinellas County Florida | 1 | $ 97,000 | $ 97,000 | $ 0 |
| Sarasota County Florida | 1 | $ 188,000 | $ 188,000 | $ 46,000 |
| Chatham County Georgia | 1 | $ 200,000 | $ 200,000 | $ 86,000 |
| Fulton County Georgia | 1 | $ 560,000 | $ 560,000 | $ 98,000 |
| Tattnall County Georgia | 1 | $ 150,000 | $ 150,000 | $ 65,000 |
| Aroostook County Maine | 1 | $ 135,000 | $ 135,000 | $ 77,000 |
| Carroll County Maryland | 1 | $ 232,000 | $ 232,000 | $ 104,000 |
| Charles County Maryland | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Queen Anne's County Maryland | 1 | $ 500,000 | $ 500,000 | $ 0 |
| St. Mary's County Maryland | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Middlesex County Massachusetts | 1 | $ 250,000 | $ 250,000 | $ 78,000 |
| Salem County New Jersey | 1 | $ 216,000 | $ 216,000 | $ 120,000 |
| Putnam County New York | 1 | $ 100,000 | $ 100,000 | $ 78,000 |
| Saratoga County New York | 1 | $ 197,000 | $ 197,000 | $ 202,000 |
| Warren County New York | 1 | $ 110,000 | $ 110,000 | $ 37,000 |
| Currituck County North Carolina | 1 | $ 532,000 | $ 532,000 | $ 0 |
| Dare County North Carolina | 1 | $ 410,000 | $ 410,000 | $ 0 |
| Duplin County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 83,000 |
| Forsyth County North Carolina | 1 | $ 181,000 | $ 181,000 | $ 43,000 |
| Iredell County North Carolina | 1 | $ 204,000 | $ 204,000 | $ 533,000 |
| Randolph County North Carolina | 1 | $ 264,000 | $ 264,000 | $ 96,000 |
| Allegheny County Pennsylvania | 1 | $ 303,000 | $ 303,000 | $ 533,000 |
| Butler County Pennsylvania | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Lehigh County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 44,000 |
| Luzerne County Pennsylvania | 1 | $ 328,000 | $ 328,000 | $ 191,000 |
| Union County Pennsylvania | 1 | $ 128,000 | $ 128,000 | $ 52,000 |
| Beaufort County South Carolina | 1 | $ 350,000 | $ 350,000 | $ 136,000 |
| Orange County Vermont | 1 | $ 125,000 | $ 125,000 | $ 257,000 |
| Windham County Vermont | 1 | $ 268,000 | $ 268,000 | $ 212,000 |
| Windsor County Vermont | 1 | $ 400,000 | $ 400,000 | $ 139,000 |
| Albemarle County Virginia | 1 | $ 380,000 | $ 380,000 | $ 0 |
| Botetourt County Virginia | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Culpeper County Virginia | 1 | $ 417,000 | $ 417,000 | $ 0 |
| Cumberland County Virginia | 1 | $ 144,000 | $ 144,000 | $ 116,000 |
| Essex County Virginia | 1 | $ 180,000 | $ 180,000 | $ 90,000 |
| Fairfax City County Virginia | 1 | $ 475,000 | $ 475,000 | $ 0 |
| Falls Church County Virginia | 1 | $ 226,000 | $ 226,000 | $ 47,000 |
| Fluvanna County Virginia | 1 | $ 261,000 | $ 261,000 | $ 67,000 |
| Franklin County Virginia | 1 | $ 350,000 | $ 350,000 | $ 175,000 |
| Greene County Virginia | 1 | $ 254,000 | $ 254,000 | $ 132,000 |
| Hampton County Virginia | 1 | $ 276,000 | $ 276,000 | $ 0 |
| Hanover County Virginia | 1 | $ 161,000 | $ 161,000 | $ 33,000 |
| Isle of Wight County Virginia | 1 | $ 220,000 | $ 220,000 | $ 78,000 |
| James City County Virginia | 1 | $ 296,000 | $ 296,000 | $ 75,000 |
| King George County Virginia | 1 | $ 473,000 | $ 473,000 | $ 96,000 |
| King William County Virginia | 1 | $ 168,000 | $ 168,000 | $ 82,000 |
| Montgomery County Virginia | 1 | $ 260,000 | $ 260,000 | $ 61,000 |
| Prince George County Virginia | 1 | $ 299,000 | $ 299,000 | $ 80,000 |
| Southampton County Virginia | 1 | $ 186,000 | $ 186,000 | $ 0 |
| Tucker County West Virginia | 1 | $ 77,000 | $ 77,000 | $ 40,000 |
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 2007
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 |
|---|---|---|---|---|---|---|
| Home Purchase | 733 | $275,118,000 | $375,000 | $3,700,000 | $166,000 | $2,843,000 |
| Refinancing | 728 | $231,436,000 | $317,000 | $6,100,000 | $137,000 | $9,999,000 |
| Home Improvement | 646 | $42,696,000 | $66,000 | $3,000,000 | $104,000 | $1,329,000 |
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 | 1,563 | $396,112,000 | $253,000 | $6,100,000 | $137,000 | $4,675,000 |
| Asian | 166 | $50,457,000 | $303,000 | $1,500,000 | $134,000 | $1,095,000 |
| Hispanic | 162 | $27,300,000 | $168,000 | $1,200,000 | $74,000 | $315,000 |
| Not Provided | 98 | $37,784,000 | $385,000 | $3,700,000 | $212,000 | $2,708,000 |
| Black or African American | 72 | $12,925,000 | $179,000 | $750,000 | $81,000 | $244,000 |
| Not applicable | 31 | $21,359,000 | $689,000 | $3,000,000 | $93,000 | $1,329,000 |
| Native Hawaiian or Other Pacific Islander | 9 | $1,690,000 | $187,000 | $430,000 | $73,000 | $152,000 |
| American Indian or Alaskan Native | 6 | $1,623,000 | $270,000 | $1,000,000 | $1,742,000 | $9,999,000 |
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) | 2,107 | $549,250,000 | $260,000 | $6,100,000 | $137,000 | $9,999,000 |
| 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 | 1,234 | $285,175,000 | $231,000 | $6,100,000 | $158,000 | $9,999,000 |
| Loan Purchased By The Institution | 443 | $165,360,000 | $373,000 | $1,292,000 | $104,000 | $2,201,000 |
| Application Denied By Financial Institution | 218 | $35,495,000 | $162,000 | $1,200,000 | $86,000 | $800,000 |
| Application Approved But Not Accepted | 106 | $25,841,000 | $243,000 | $3,000,000 | $143,000 | $1,070,000 |
| Application Withdrawn By Applicant | 104 | $36,743,000 | $353,000 | $3,000,000 | $142,000 | $1,475,000 |
| Preapproval Approved but not Accepted | 1 | $269,000 | $269,000 | $269,000 | $88,000 | $88,000 |
| Preapproval Denied by Financial Institution | 1 | $367,000 | $367,000 | $367,000 | $38,000 | $38,000 |
| 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 | 121 | $21,301,000 | $176,000 | $1,200,000 | $62,000 | $487,000 |
| Credit History | 59 | $7,158,000 | $121,000 | $615,000 | $92,000 | $400,000 |
| Collateral | 17 | $1,874,000 | $110,000 | $350,000 | $156,000 | $620,000 |
| Other | 14 | $3,691,000 | $263,000 | $556,000 | $109,000 | $257,000 |
| Credit Application Incomplete | 7 | $1,545,000 | $220,000 | $475,000 | $224,000 | $800,000 |
| Unverifiable Information | 1 | $293,000 | $293,000 | $293,000 | $31,000 | $31,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 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.