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.
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.
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.