Valley National Bank
Mortgage Loan Application
Totals and Details
for 2015

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 5,090
Total Mortgage Loan Application Amount $1,813,162,000
Average Mortgage Loan Application Amount $289,333
Highest Mortgage Loan Application Amount $28,350,000
Average Applicant Income $112,333
Highest Applicant Income $4,740,000

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.

Mortgage Loan Application Totals for Valley National Bank by County in 2015

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 628 $ 190,440,000 $ 303,000 $ 135,000
Morris County New Jersey 421 $ 127,688,000 $ 303,000 $ 129,000
Essex County New Jersey 367 $ 111,350,000 $ 303,000 $ 137,000
Passaic County New Jersey 361 $ 74,663,000 $ 206,000 $ 121,000
Monmouth County New Jersey 328 $ 101,491,000 $ 309,000 $ 116,000
Middlesex County New Jersey 239 $ 63,881,000 $ 267,000 $ 108,000
Union County New Jersey 238 $ 66,637,000 $ 279,000 $ 113,000
Hudson County New Jersey 166 $ 55,852,000 $ 336,000 $ 123,000
Somerset County New Jersey 155 $ 42,221,000 $ 272,000 $ 129,000
Nassau County New York 155 $ 54,114,000 $ 349,000 $ 121,000
Ocean County New Jersey 153 $ 56,504,000 $ 369,000 $ 120,000
Palm Beach County Florida 148 $ 43,008,000 $ 290,000 $ 147,000
Kings County New York 142 $ 89,403,000 $ 629,000 $ 69,000
Suffolk County New York 139 $ 46,297,000 $ 333,000 $ 120,000
Queens County New York 136 $ 51,475,000 $ 378,000 $ 90,000
Sussex County New Jersey 122 $ 21,298,000 $ 174,000 $ 87,000
Broward County Florida 112 $ 27,453,000 $ 245,000 $ 84,000
Mercer County New Jersey 69 $ 36,236,000 $ 525,000 $ 37,000
New York County New York 64 $ 133,472,000 $ 2,085,000 $ 39,000
Miami-Dade County Florida 56 $ 13,413,000 $ 239,000 $ 195,000
Warren County New Jersey 56 $ 9,703,000 $ 173,000 $ 111,000
Pinellas County Florida 50 $ 10,299,000 $ 205,000 $ 107,000
Orange County Florida 47 $ 11,440,000 $ 243,000 $ 55,000
Hillsborough County Florida 45 $ 8,058,000 $ 179,000 $ 72,000
Richmond County New York 42 $ 10,262,000 $ 244,000 $ 112,000
Hunterdon County New Jersey 41 $ 11,052,000 $ 269,000 $ 117,000
Westchester County New York 41 $ 31,722,000 $ 773,000 $ 101,000
Brevard County Florida 39 $ 5,868,000 $ 150,000 $ 48,000
Rockland County New York 33 $ 8,504,000 $ 257,000 $ 126,000
Cape May County New Jersey 29 $ 20,181,000 $ 695,000 $ 30,000
Northampton County Pennsylvania 27 $ 33,737,000 $ 1,249,000 $ 105,000
Burlington County New Jersey 26 $ 20,682,000 $ 795,000 $ 68,000
Bronx County New York 24 $ 26,240,000 $ 1,093,000 $ 80,000
Orange County New York 21 $ 3,625,000 $ 172,000 $ 111,000
Monroe County Pennsylvania 20 $ 3,095,000 $ 154,000 $ 134,000
San Diego County California 19 $ 10,382,000 $ 546,000 $ 0
Lehigh County Pennsylvania 18 $ 9,629,000 $ 534,000 $ 108,000
Alameda County California 14 $ 9,694,000 $ 692,000 $ 0
Los Angeles County California 14 $ 11,062,000 $ 790,000 $ 0
Atlantic County New Jersey 14 $ 5,553,000 $ 396,000 $ 102,000
Bucks County Pennsylvania 14 $ 3,448,000 $ 246,000 $ 161,000
Pike County Pennsylvania 13 $ 1,707,000 $ 131,000 $ 91,000
Camden County New Jersey 12 $ 39,439,000 $ 3,286,000 $ 43,000
Seminole County Florida 11 $ 2,865,000 $ 260,000 $ 571,000
Indian River County Florida 10 $ 1,845,000 $ 184,000 $ 82,000
Santa Barbara County California 9 $ 3,706,000 $ 411,000 $ 0
Orange County California 8 $ 8,146,000 $ 1,018,000 $ 86,000
San Francisco County California 8 $ 6,483,000 $ 810,000 $ 0
St. Lucie County Florida 8 $ 837,000 $ 104,000 $ 62,000
Delaware County Pennsylvania 8 $ 1,353,000 $ 169,000 $ 132,000
Wayne County Pennsylvania 8 $ 762,000 $ 95,000 $ 100,000
Riverside County California 7 $ 1,814,000 $ 259,000 $ 0
Lee County Florida 7 $ 1,589,000 $ 227,000 $ 147,000
Pasco County Florida 7 $ 738,000 $ 105,000 $ 64,000
Dutchess County New York 7 $ 14,662,000 $ 2,094,000 $ 114,000
Philadelphia County Pennsylvania 7 $ 3,256,000 $ 465,000 $ 164,000
Marin County California 6 $ 3,867,000 $ 644,000 $ 0
Collier County Florida 6 $ 2,663,000 $ 443,000 $ 216,000
Volusia County Florida 6 $ 1,247,000 $ 207,000 $ 66,000
Santa Cruz County California 5 $ 1,804,000 $ 360,000 $ 0
Martin County Florida 5 $ 578,000 $ 115,000 $ 63,000
Polk County Florida 5 $ 752,000 $ 150,000 $ 81,000
Sullivan County New York 5 $ 1,110,000 $ 222,000 $ 219,000
Luzerne County Pennsylvania 5 $ 670,000 $ 134,000 $ 117,000
Montgomery County Pennsylvania 5 $ 688,000 $ 137,000 $ 102,000
Contra Costa County California 4 $ 2,791,000 $ 697,000 $ 0
Saratoga County New York 4 $ 1,048,000 $ 262,000 $ 188,000
Berks County Pennsylvania 4 $ 476,000 $ 119,000 $ 92,000
San Mateo County California 3 $ 1,861,000 $ 620,000 $ 0
Duval County Florida 3 $ 349,000 $ 116,000 $ 79,000
Flagler County Florida 3 $ 353,000 $ 117,000 $ 98,000
Hernando County Florida 3 $ 177,000 $ 59,000 $ 54,000
Manatee County Florida 3 $ 987,000 $ 329,000 $ 58,000
Osceola County Florida 3 $ 524,000 $ 174,000 $ 38,000
Sarasota County Florida 3 $ 715,000 $ 238,000 $ 103,000
Carbon County Pennsylvania 3 $ 398,000 $ 132,000 $ 138,000
Chester County Pennsylvania 3 $ 364,000 $ 121,000 $ 63,000
Yolo County California 2 $ 837,000 $ 418,000 $ 0
Fairfield County Connecticut 2 $ 1,425,000 $ 712,000 $ 245,000
Charlotte County Florida 2 $ 552,000 $ 276,000 $ 119,000
Cumberland County New Jersey 2 $ 61,000 $ 30,000 $ 46,000
Putnam County New York 2 $ 658,000 $ 329,000 $ 345,000
Ulster County New York 2 $ 712,000 $ 356,000 $ 926,000
Lancaster County Pennsylvania 2 $ 2,825,000 $ 1,412,000 $ 53,000
Susquehanna County Pennsylvania 2 $ 237,000 $ 118,000 $ 74,000
York County Pennsylvania 2 $ 202,000 $ 101,000 $ 151,000
Montgomery County Alabama 1 $ 2,870,000 $ 2,870,000 $ 0
Merced County California 1 $ 275,000 $ 275,000 $ 0
Santa Clara County California 1 $ 698,000 $ 698,000 $ 0
New Haven County Connecticut 1 $ 241,000 $ 241,000 $ 588,000
New Castle County Delaware 1 $ 4,800,000 $ 4,800,000 $ 0
Clay County Florida 1 $ 174,000 $ 174,000 $ 50,000
Lake County Florida 1 $ 95,000 $ 95,000 $ 200,000
St. Johns County Florida 1 $ 251,000 $ 251,000 $ 91,000
Sumter County Florida 1 $ 238,000 $ 238,000 $ 104,000
Baltimore City County Maryland 1 $ 600,000 $ 600,000 $ 0
Rensselaer County New York 1 $ 15,000 $ 15,000 $ 116,000
Washington County New York 1 $ 100,000 $ 100,000 $ 80,000
Allegheny County Pennsylvania 1 $ 10,000 $ 10,000 $ 42,000
Lackawanna County Pennsylvania 1 $ 65,000 $ 65,000 $ 92,000
Lebanon County Pennsylvania 1 $ 115,000 $ 115,000 $ 43,000
Schuylkill County Pennsylvania 1 $ 106,000 $ 106,000 $ 46,000
Kent County Rhode Island 1 $ 128,000 $ 128,000 $ 81,000
Horry County South Carolina 1 $ 109,000 $ 109,000 $ 112,000
Lexington County South Carolina 1 $ 5,500,000 $ 5,500,000 $ 0
Spartanburg County South Carolina 1 $ 3,395,000 $ 3,395,000 $ 0
Shelby County Tennessee 1 $ 2,000,000 $ 2,000,000 $ 0
Rutland County Vermont 1 $ 112,000 $ 112,000 $ 121,000

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 2015

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 3,490 $1,267,573,000 $363,000 $28,350,000 $120,000 $3,744,000
Home Purchase 1,181 $516,699,000 $437,000 $14,600,000 $95,000 $4,740,000
Home Improvement 419 $28,890,000 $68,000 $350,000 $122,000 $1,094,000

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 2,780 $630,115,000 $226,000 $2,900,000 $145,000 $3,744,000
Not applicable 945 $868,819,000 $919,000 $28,350,000 $14,000 $350,000
Hispanic 438 $85,365,000 $194,000 $1,200,000 $114,000 $4,740,000
Asian 394 $93,259,000 $236,000 $962,000 $124,000 $936,000
Not Provided 326 $87,918,000 $269,000 $6,000,000 $144,000 $905,000
Black or African American 186 $40,832,000 $219,000 $2,400,000 $94,000 $420,000
Native Hawaiian or Other Pacific Islander 11 $4,445,000 $404,000 $1,425,000 $160,000 $721,000
American Indian or Alaskan Native 10 $2,409,000 $240,000 $938,000 $130,000 $299,000

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) 4,678 $1,724,659,000 $368,000 $28,350,000 $119,000 $4,740,000
FHA-insured (Federal Housing Administration) 290 $61,227,000 $211,000 $623,000 $57,000 $172,000
VA-guaranteed (Veterans Administration) 122 $27,276,000 $223,000 $666,000 $65,000 $204,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 2,345 $823,436,000 $351,000 $28,350,000 $138,000 $4,740,000
Application Denied By Financial Institution 1,175 $325,025,000 $276,000 $14,800,000 $113,000 $2,404,000
Loan Purchased By The Institution 1,021 $507,861,000 $497,000 $5,549,000 $30,000 $1,194,000
Application Withdrawn By Applicant 335 $88,285,000 $263,000 $2,500,000 $183,000 $3,744,000
File Closed For Incompleteness 150 $38,610,000 $257,000 $1,600,000 $162,000 $862,000
Application Approved But Not Accepted 64 $29,945,000 $467,000 $14,600,000 $130,000 $1,094,000
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 592 $136,406,000 $230,000 $6,000,000 $76,000 $431,000
Credit History 271 $62,535,000 $230,000 $2,400,000 $166,000 $2,404,000
Collateral 218 $49,775,000 $228,000 $795,000 $132,000 $588,000
Other 77 $70,724,000 $918,000 $14,800,000 $151,000 $757,000
Insufficient Cash (Downpayment, Closing Cost) 5 $2,279,000 $455,000 $1,300,000 $187,000 $482,000
Credit Application Incomplete 5 $1,760,000 $352,000 $568,000 $80,000 $116,000
Unverifiable Information 4 $1,196,000 $299,000 $515,000 $182,000 $300,000
Employment History 3 $350,000 $116,000 $160,000 $145,000 $257,000
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.

Download the New Jersey Lender List