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 | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
Total Number of Mortgage Applications | 11,827 |
Total Mortgage Loan Application Amount | $3,541,531,000 |
Average Mortgage Loan Application Amount | $230,000 |
Highest Mortgage Loan Application Amount | $50,500,000 |
Average Applicant Income | $108,666 |
Highest Applicant Income | $5,225,000 |
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 | 1,687 | $ 464,409,000 | $ 275,000 | $ 141,000 |
Morris County New Jersey | 1,154 | $ 321,502,000 | $ 278,000 | $ 139,000 |
Passaic County New Jersey | 939 | $ 222,163,000 | $ 236,000 | $ 118,000 |
Essex County New Jersey | 898 | $ 253,226,000 | $ 281,000 | $ 162,000 |
Monmouth County New Jersey | 823 | $ 212,385,000 | $ 258,000 | $ 141,000 |
Middlesex County New Jersey | 784 | $ 189,109,000 | $ 241,000 | $ 120,000 |
Union County New Jersey | 517 | $ 122,645,000 | $ 237,000 | $ 139,000 |
Somerset County New Jersey | 417 | $ 166,014,000 | $ 398,000 | $ 145,000 |
Nassau County New York | 394 | $ 149,653,000 | $ 379,000 | $ 157,000 |
Hudson County New Jersey | 374 | $ 93,703,000 | $ 250,000 | $ 122,000 |
Ocean County New Jersey | 351 | $ 107,646,000 | $ 306,000 | $ 138,000 |
Suffolk County New York | 336 | $ 78,245,000 | $ 232,000 | $ 132,000 |
Sussex County New Jersey | 323 | $ 59,741,000 | $ 184,000 | $ 115,000 |
Queens County New York | 212 | $ 76,810,000 | $ 362,000 | $ 132,000 |
Kings County New York | 190 | $ 94,974,000 | $ 499,000 | $ 111,000 |
Cuyahoga County Ohio | 184 | $ 25,273,000 | $ 137,000 | $ 0 |
New York County New York | 153 | $ 361,821,000 | $ 2,364,000 | $ 99,000 |
Warren County New Jersey | 145 | $ 26,479,000 | $ 182,000 | $ 107,000 |
Hunterdon County New Jersey | 140 | $ 35,818,000 | $ 255,000 | $ 155,000 |
Westchester County New York | 113 | $ 66,595,000 | $ 589,000 | $ 192,000 |
Northampton County Pennsylvania | 112 | $ 19,762,000 | $ 176,000 | $ 99,000 |
Mercer County New Jersey | 111 | $ 23,775,000 | $ 214,000 | $ 147,000 |
Richmond County New York | 100 | $ 24,108,000 | $ 241,000 | $ 121,000 |
Rockland County New York | 92 | $ 23,716,000 | $ 257,000 | $ 127,000 |
Lehigh County Pennsylvania | 81 | $ 14,610,000 | $ 180,000 | $ 104,000 |
Franklin County Ohio | 67 | $ 10,676,000 | $ 159,000 | $ 0 |
Hamilton County Ohio | 59 | $ 8,236,000 | $ 139,000 | $ 0 |
Orange County New York | 55 | $ 12,505,000 | $ 227,000 | $ 136,000 |
Monroe County Pennsylvania | 54 | $ 8,557,000 | $ 158,000 | $ 127,000 |
Burlington County New Jersey | 53 | $ 10,770,000 | $ 203,000 | $ 129,000 |
Bucks County Pennsylvania | 48 | $ 11,753,000 | $ 244,000 | $ 128,000 |
Lake County Ohio | 46 | $ 6,380,000 | $ 138,000 | $ 0 |
Summit County Ohio | 46 | $ 5,681,000 | $ 123,000 | $ 0 |
Orange County California | 44 | $ 17,505,000 | $ 397,000 | $ 0 |
Pike County Pennsylvania | 44 | $ 6,792,000 | $ 154,000 | $ 100,000 |
Medina County Ohio | 41 | $ 6,315,000 | $ 154,000 | $ 0 |
Lorain County Ohio | 39 | $ 5,013,000 | $ 128,000 | $ 0 |
Bronx County New York | 36 | $ 20,383,000 | $ 566,000 | $ 80,000 |
Montgomery County Pennsylvania | 31 | $ 6,954,000 | $ 224,000 | $ 107,000 |
Los Angeles County California | 30 | $ 23,848,000 | $ 794,000 | $ 0 |
Cape May County New Jersey | 24 | $ 5,302,000 | $ 220,000 | $ 174,000 |
Santa Cruz County California | 20 | $ 10,389,000 | $ 519,000 | $ 0 |
Yolo County California | 19 | $ 8,042,000 | $ 423,000 | $ 0 |
Camden County New Jersey | 19 | $ 3,626,000 | $ 190,000 | $ 108,000 |
Philadelphia County Pennsylvania | 19 | $ 3,315,000 | $ 174,000 | $ 111,000 |
Alameda County California | 18 | $ 11,438,000 | $ 635,000 | $ 0 |
Santa Barbara County California | 18 | $ 11,104,000 | $ 616,000 | $ 0 |
Atlantic County New Jersey | 18 | $ 3,269,000 | $ 181,000 | $ 100,000 |
Delaware County Ohio | 18 | $ 3,404,000 | $ 189,000 | $ 0 |
Portage County Ohio | 18 | $ 2,898,000 | $ 161,000 | $ 0 |
Butler County Ohio | 17 | $ 2,322,000 | $ 136,000 | $ 0 |
Geauga County Ohio | 17 | $ 2,965,000 | $ 174,000 | $ 0 |
San Diego County California | 16 | $ 9,991,000 | $ 624,000 | $ 0 |
Wayne County Pennsylvania | 16 | $ 2,578,000 | $ 161,000 | $ 173,000 |
San Francisco County California | 12 | $ 8,441,000 | $ 703,000 | $ 0 |
Berks County Pennsylvania | 12 | $ 2,145,000 | $ 178,000 | $ 91,000 |
Carbon County Pennsylvania | 12 | $ 1,783,000 | $ 148,000 | $ 72,000 |
Palm Beach County Florida | 11 | $ 4,653,000 | $ 423,000 | $ 227,000 |
Ulster County New York | 10 | $ 1,861,000 | $ 186,000 | $ 105,000 |
Dutchess County New York | 9 | $ 2,083,000 | $ 231,000 | $ 140,000 |
Stark County Ohio | 9 | $ 860,000 | $ 95,000 | $ 0 |
Chester County Pennsylvania | 9 | $ 2,387,000 | $ 265,000 | $ 142,000 |
Contra Costa County California | 8 | $ 5,959,000 | $ 744,000 | $ 0 |
Sullivan County New York | 8 | $ 1,655,000 | $ 206,000 | $ 172,000 |
Fairfield County Ohio | 8 | $ 1,125,000 | $ 140,000 | $ 0 |
Clermont County Ohio | 7 | $ 1,532,000 | $ 218,000 | $ 0 |
Delaware County Pennsylvania | 7 | $ 994,000 | $ 142,000 | $ 135,000 |
Luzerne County Pennsylvania | 7 | $ 2,415,000 | $ 345,000 | $ 90,000 |
Riverside County California | 6 | $ 2,273,000 | $ 378,000 | $ 0 |
Kenton County Kentucky | 6 | $ 1,300,000 | $ 216,000 | $ 0 |
Gloucester County New Jersey | 6 | $ 870,000 | $ 145,000 | $ 60,000 |
Licking County Ohio | 6 | $ 1,148,000 | $ 191,000 | $ 0 |
Warren County Ohio | 6 | $ 966,000 | $ 161,000 | $ 0 |
Putnam County New York | 5 | $ 1,033,000 | $ 206,000 | $ 202,000 |
Merced County California | 4 | $ 905,000 | $ 226,000 | $ 0 |
Sacramento County California | 4 | $ 1,374,000 | $ 343,000 | $ 0 |
Salem County New Jersey | 4 | $ 523,000 | $ 130,000 | $ 66,000 |
Lackawanna County Pennsylvania | 4 | $ 795,000 | $ 198,000 | $ 75,000 |
Marin County California | 3 | $ 2,334,000 | $ 778,000 | $ 0 |
Campbell County Kentucky | 3 | $ 360,000 | $ 120,000 | $ 0 |
Brown County Ohio | 3 | $ 504,000 | $ 168,000 | $ 0 |
Trumbull County Ohio | 3 | $ 249,000 | $ 83,000 | $ 0 |
Union County Ohio | 3 | $ 451,000 | $ 150,000 | $ 0 |
Wayne County Ohio | 3 | $ 360,000 | $ 120,000 | $ 0 |
Lancaster County Pennsylvania | 3 | $ 435,000 | $ 145,000 | $ 72,000 |
San Mateo County California | 2 | $ 1,073,000 | $ 536,000 | $ 0 |
Chatham County Georgia | 2 | $ 335,000 | $ 167,000 | $ 120,000 |
Greene County New York | 2 | $ 255,000 | $ 127,000 | $ 198,000 |
Ashland County Ohio | 2 | $ 224,000 | $ 112,000 | $ 0 |
Erie County Ohio | 2 | $ 289,000 | $ 144,000 | $ 0 |
Madison County Ohio | 2 | $ 276,000 | $ 138,000 | $ 0 |
Bradford County Pennsylvania | 2 | $ 355,000 | $ 177,000 | $ 39,000 |
Dauphin County Pennsylvania | 2 | $ 121,000 | $ 60,000 | $ 92,000 |
Schuylkill County Pennsylvania | 2 | $ 239,000 | $ 119,000 | $ 73,000 |
Mariposa County California | 1 | $ 348,000 | $ 348,000 | $ 0 |
Fairfield County Connecticut | 1 | $ 328,000 | $ 328,000 | $ 280,000 |
New Haven County Connecticut | 1 | $ 1,300,000 | $ 1,300,000 | $ 0 |
New London County Connecticut | 1 | $ 207,000 | $ 207,000 | $ 122,000 |
Miami-Dade County Florida | 1 | $ 1,200,000 | $ 1,200,000 | $ 0 |
Pasco County Florida | 1 | $ 237,000 | $ 237,000 | $ 0 |
Pinellas County Florida | 1 | $ 735,000 | $ 735,000 | $ 659,000 |
Sarasota County Florida | 1 | $ 225,000 | $ 225,000 | $ 0 |
Boone County Kentucky | 1 | $ 119,000 | $ 119,000 | $ 0 |
Cumberland County New Jersey | 1 | $ 102,000 | $ 102,000 | $ 63,000 |
Chautauqua County New York | 1 | $ 100,000 | $ 100,000 | $ 1,000 |
Delaware County New York | 1 | $ 210,000 | $ 210,000 | $ 121,000 |
Essex County New York | 1 | $ 190,000 | $ 190,000 | $ 730,000 |
Fulton County New York | 1 | $ 189,000 | $ 189,000 | $ 86,000 |
Herkimer County New York | 1 | $ 166,000 | $ 166,000 | $ 108,000 |
Monroe County New York | 1 | $ 148,000 | $ 148,000 | $ 148,000 |
Warren County New York | 1 | $ 165,000 | $ 165,000 | $ 113,000 |
Ashtabula County Ohio | 1 | $ 160,000 | $ 160,000 | $ 0 |
Greene County Ohio | 1 | $ 104,000 | $ 104,000 | $ 0 |
Highland County Ohio | 1 | $ 67,000 | $ 67,000 | $ 0 |
Huron County Ohio | 1 | $ 210,000 | $ 210,000 | $ 0 |
Muskingum County Ohio | 1 | $ 117,000 | $ 117,000 | $ 0 |
Allegheny County Pennsylvania | 1 | $ 117,000 | $ 117,000 | $ 95,000 |
Northumberland County Pennsylvania | 1 | $ 195,000 | $ 195,000 | $ 139,000 |
Susquehanna County Pennsylvania | 1 | $ 296,000 | $ 296,000 | $ 185,000 |
Bennington County Vermont | 1 | $ 143,000 | $ 143,000 | $ 311,000 |
Arlington County Virginia | 1 | $ 700,000 | $ 700,000 | $ 564,000 |
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.
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 | 10,587 | $3,189,841,000 | $301,000 | $50,500,000 | $129,000 | $5,225,000 |
Home Purchase | 1,106 | $340,706,000 | $308,000 | $5,250,000 | $92,000 | $1,939,000 |
Home Improvement | 134 | $10,984,000 | $81,000 | $3,920,000 | $105,000 | $333,000 |
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 | 7,626 | $1,760,511,000 | $230,000 | $5,500,000 | $140,000 | $5,225,000 |
Asian | 1,168 | $287,560,000 | $246,000 | $1,000,000 | $128,000 | $800,000 |
Not applicable | 1,062 | $1,035,421,000 | $974,000 | $50,500,000 | $0 | $373,000 |
Not Provided | 855 | $209,450,000 | $244,000 | $2,000,000 | $176,000 | $4,966,000 |
Hispanic | 689 | $150,513,000 | $218,000 | $925,000 | $110,000 | $1,872,000 |
Black or African American | 332 | $75,099,000 | $226,000 | $2,975,000 | $110,000 | $1,158,000 |
Native Hawaiian or Other Pacific Islander | 48 | $10,719,000 | $223,000 | $446,000 | $118,000 | $515,000 |
American Indian or Alaskan Native | 47 | $12,258,000 | $260,000 | $645,000 | $109,000 | $271,000 |
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) | 11,827 | $3,541,531,000 | $299,000 | $50,500,000 | $126,000 | $5,225,000 |
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 | 6,229 | $2,085,459,000 | $334,000 | $50,500,000 | $132,000 | $1,939,000 |
Application Denied By Financial Institution | 3,553 | $887,412,000 | $249,000 | $5,250,000 | $128,000 | $5,202,000 |
Application Withdrawn By Applicant | 1,005 | $238,930,000 | $237,000 | $1,700,000 | $178,000 | $5,225,000 |
Loan Purchased By The Institution | 830 | $205,457,000 | $247,000 | $1,358,000 | $0 | $0 |
Application Approved But Not Accepted | 209 | $123,573,000 | $591,000 | $25,900,000 | $144,000 | $822,000 |
File Closed For Incompleteness | 1 | $700,000 | $700,000 | $700,000 | $0 | $0 |
Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
Preapproval Denied by Financial Institution | 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 | 1,006 | $241,352,000 | $239,000 | $1,000,000 | $72,000 | $360,000 |
Collateral | 807 | $219,382,000 | $271,000 | $2,600,000 | $131,000 | $635,000 |
Credit History | 771 | $183,896,000 | $238,000 | $1,900,000 | $138,000 | $3,770,000 |
Credit Application Incomplete | 732 | $179,577,000 | $245,000 | $1,500,000 | $182,000 | $5,202,000 |
Other | 211 | $53,824,000 | $255,000 | $5,250,000 | $169,000 | $3,702,000 |
Unverifiable Information | 17 | $7,060,000 | $415,000 | $3,920,000 | $85,000 | $173,000 |
Employment History | 6 | $1,235,000 | $205,000 | $380,000 | $98,000 | $174,000 |
Insufficient Cash (Downpayment, Closing Cost) | 3 | $1,086,000 | $362,000 | $569,000 | $145,000 | $170,000 |
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.