Valley National Bank
Mortgage Loan Application
Totals and Details
for 2017

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 4,175
Total Mortgage Loan Application Amount $1,925,656,000
Average Mortgage Loan Application Amount $354,666
Highest Mortgage Loan Application Amount $36,420,000
Average Applicant Income $164,666
Highest Applicant Income $14,435,000

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 2017

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 488 $ 192,742,000 $ 394,000 $ 198,000
Morris County New Jersey 375 $ 119,422,000 $ 318,000 $ 173,000
Essex County New Jersey 319 $ 121,606,000 $ 381,000 $ 176,000
Monmouth County New Jersey 275 $ 130,854,000 $ 475,000 $ 210,000
Passaic County New Jersey 265 $ 69,591,000 $ 262,000 $ 169,000
Suffolk County New York 182 $ 72,996,000 $ 401,000 $ 183,000
Union County New Jersey 172 $ 49,305,000 $ 286,000 $ 141,000
Middlesex County New Jersey 151 $ 34,089,000 $ 225,000 $ 103,000
Hudson County New Jersey 134 $ 50,566,000 $ 377,000 $ 155,000
Ocean County New Jersey 131 $ 52,292,000 $ 399,000 $ 225,000
Nassau County New York 120 $ 56,715,000 $ 472,000 $ 183,000
Somerset County New Jersey 115 $ 33,029,000 $ 287,000 $ 151,000
Kings County New York 110 $ 134,220,000 $ 1,220,000 $ 157,000
Queens County New York 106 $ 83,166,000 $ 784,000 $ 108,000
Sussex County New Jersey 94 $ 15,418,000 $ 164,000 $ 110,000
New York County New York 83 $ 219,615,000 $ 2,645,000 $ 237,000
Palm Beach County Florida 79 $ 30,350,000 $ 384,000 $ 240,000
Orange County New York 57 $ 13,448,000 $ 235,000 $ 126,000
Dutchess County New York 53 $ 12,376,000 $ 233,000 $ 98,000
Broward County Florida 52 $ 17,888,000 $ 344,000 $ 104,000
Warren County New Jersey 52 $ 7,787,000 $ 149,000 $ 165,000
Cape May County New Jersey 51 $ 32,340,000 $ 634,000 $ 317,000
Miami-Dade County Florida 39 $ 18,984,000 $ 486,000 $ 309,000
Westchester County New York 39 $ 36,768,000 $ 942,000 $ 170,000
Hillsborough County Florida 36 $ 11,529,000 $ 320,000 $ 90,000
Hunterdon County New Jersey 33 $ 15,999,000 $ 484,000 $ 272,000
Pinellas County Florida 31 $ 8,643,000 $ 278,000 $ 140,000
Orange County Florida 28 $ 9,916,000 $ 354,000 $ 225,000
Brevard County Florida 26 $ 8,114,000 $ 312,000 $ 52,000
Richmond County New York 26 $ 7,698,000 $ 296,000 $ 118,000
Lee County Florida 25 $ 6,806,000 $ 272,000 $ 77,000
Mercer County New Jersey 25 $ 6,865,000 $ 274,000 $ 183,000
Rockland County New York 25 $ 8,010,000 $ 320,000 $ 154,000
Philadelphia County Pennsylvania 23 $ 13,778,000 $ 599,000 $ 234,000
Sarasota County Florida 19 $ 7,740,000 $ 407,000 $ 151,000
Ulster County New York 19 $ 3,990,000 $ 210,000 $ 113,000
Collier County Florida 17 $ 7,337,000 $ 431,000 $ 673,000
Duval County Florida 17 $ 17,290,000 $ 1,017,000 $ 252,000
Atlantic County New Jersey 17 $ 6,470,000 $ 380,000 $ 185,000
Bronx County New York 15 $ 34,574,000 $ 2,304,000 $ 85,000
Montgomery County Pennsylvania 15 $ 6,823,000 $ 454,000 $ 240,000
Burlington County New Jersey 12 $ 3,450,000 $ 287,000 $ 122,000
Camden County New Jersey 12 $ 3,490,000 $ 290,000 $ 274,000
Bucks County Pennsylvania 12 $ 4,431,000 $ 369,000 $ 240,000
Northampton County Pennsylvania 12 $ 3,089,000 $ 257,000 $ 75,000
Indian River County Florida 11 $ 1,749,000 $ 159,000 $ 77,000
Seminole County Florida 10 $ 2,651,000 $ 265,000 $ 894,000
Lehigh County Pennsylvania 9 $ 23,983,000 $ 2,664,000 $ 80,000
Gloucester County New Jersey 8 $ 2,065,000 $ 258,000 $ 152,000
Pike County Pennsylvania 8 $ 1,106,000 $ 138,000 $ 118,000
Manatee County Florida 7 $ 3,064,000 $ 437,000 $ 200,000
Putnam County New York 7 $ 2,412,000 $ 344,000 $ 222,000
Chester County Pennsylvania 6 $ 2,171,000 $ 361,000 $ 173,000
Monroe County Pennsylvania 6 $ 828,000 $ 138,000 $ 92,000
Fairfield County Connecticut 5 $ 4,499,000 $ 899,000 $ 262,000
New Castle County Delaware 5 $ 17,783,000 $ 3,556,000 $ 97,000
Clay County Florida 4 $ 330,000 $ 82,000 $ 0
Martin County Florida 4 $ 892,000 $ 223,000 $ 107,000
St. Johns County Florida 4 $ 2,439,000 $ 609,000 $ 35,000
St. Lucie County Florida 4 $ 607,000 $ 151,000 $ 85,000
Sullivan County New York 4 $ 488,000 $ 122,000 $ 63,000
Delaware County Pennsylvania 4 $ 1,339,000 $ 334,000 $ 156,000
Los Angeles County California 3 $ 3,621,000 $ 1,207,000 $ 377,000
Volusia County Florida 3 $ 2,719,000 $ 906,000 $ 84,000
Cobb County Georgia 3 $ 1,319,000 $ 439,000 $ 144,000
Cumberland County New Jersey 3 $ 295,000 $ 98,000 $ 128,000
Oneida County New York 3 $ 176,000 $ 58,000 $ 1,054,000
Alachua County Florida 2 $ 572,000 $ 286,000 $ 113,000
Charlotte County Florida 2 $ 406,000 $ 203,000 $ 71,000
Lake County Florida 2 $ 250,000 $ 125,000 $ 83,000
Marion County Florida 2 $ 2,344,000 $ 1,172,000 $ 0
Monroe County Florida 2 $ 1,426,000 $ 713,000 $ 396,000
Pasco County Florida 2 $ 2,369,000 $ 1,184,000 $ 35,000
Polk County Florida 2 $ 266,000 $ 133,000 $ 60,000
Howard County Maryland 2 $ 943,000 $ 471,000 $ 303,000
Greene County New York 2 $ 815,000 $ 407,000 $ 206,000
Allegheny County Pennsylvania 2 $ 1,810,000 $ 905,000 $ 212,000
Lackawanna County Pennsylvania 2 $ 410,000 $ 205,000 $ 183,000
Luzerne County Pennsylvania 2 $ 244,000 $ 122,000 $ 242,000
Wayne County Pennsylvania 2 $ 332,000 $ 166,000 $ 120,000
Beaufort County South Carolina 2 $ 2,955,000 $ 1,477,000 $ 363,000
Jefferson County Alabama 1 $ 600,000 $ 600,000 $ 288,000
Mobile County Alabama 1 $ 3,000,000 $ 3,000,000 $ 0
Montgomery County Alabama 1 $ 3,750,000 $ 3,750,000 $ 0
Tallapoosa County Alabama 1 $ 250,000 $ 250,000 $ 71,000
Alameda County California 1 $ 1,680,000 $ 1,680,000 $ 433,000
Litchfield County Connecticut 1 $ 400,000 $ 400,000 $ 180,000
Middlesex County Connecticut 1 $ 158,000 $ 158,000 $ 145,000
New Haven County Connecticut 1 $ 125,000 $ 125,000 $ 94,000
Sussex County Delaware 1 $ 170,000 $ 170,000 $ 143,000
District of Columbia County District Of Columbia 1 $ 653,000 $ 653,000 $ 1,609,000
Citrus County Florida 1 $ 122,000 $ 122,000 $ 162,000
Hendry County Florida 1 $ 200,000 $ 200,000 $ 68,000
Highlands County Florida 1 $ 180,000 $ 180,000 $ 134,000
Osceola County Florida 1 $ 3,100,000 $ 3,100,000 $ 0
Sumter County Florida 1 $ 200,000 $ 200,000 $ 406,000
Fulton County Georgia 1 $ 1,171,000 $ 1,171,000 $ 0
Cook County Illinois 1 $ 357,000 $ 357,000 $ 246,000
Boone County Kentucky 1 $ 175,000 $ 175,000 $ 80,000
East Baton Rouge County Louisiana 1 $ 4,500,000 $ 4,500,000 $ 0
Anne Arundel County Maryland 1 $ 1,000,000 $ 1,000,000 $ 849,000
Baltimore City County Maryland 1 $ 350,000 $ 350,000 $ 0
Montgomery County Maryland 1 $ 355,000 $ 355,000 $ 378,000
Barnstable County Massachusetts 1 $ 880,000 $ 880,000 $ 395,000
Columbia County New York 1 $ 145,000 $ 145,000 $ 69,000
Essex County New York 1 $ 140,000 $ 140,000 $ 116,000
Schenectady County New York 1 $ 4,000,000 $ 4,000,000 $ 0
Schoharie County New York 1 $ 542,000 $ 542,000 $ 755,000
Seneca County New York 1 $ 840,000 $ 840,000 $ 1,165,000
Henderson County North Carolina 1 $ 348,000 $ 348,000 $ 80,000
Transylvania County North Carolina 1 $ 300,000 $ 300,000 $ 0
Clermont County Ohio 1 $ 710,000 $ 710,000 $ 501,000
Berks County Pennsylvania 1 $ 444,000 $ 444,000 $ 302,000
Dauphin County Pennsylvania 1 $ 450,000 $ 450,000 $ 347,000
Susquehanna County Pennsylvania 1 $ 124,000 $ 124,000 $ 280,000
Aiken County South Carolina 1 $ 200,000 $ 200,000 $ 155,000
Horry County South Carolina 1 $ 92,000 $ 92,000 $ 177,000
York County South Carolina 1 $ 204,000 $ 204,000 $ 131,000
Fort Bend County Texas 1 $ 154,000 $ 154,000 $ 80,000

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 2017

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 1,967 $1,085,906,000 $552,000 $36,420,000 $171,000 $14,435,000
Home Purchase 1,827 $813,938,000 $445,000 $10,800,000 $196,000 $6,705,000
Home Improvement 381 $25,812,000 $67,000 $500,000 $127,000 $1,024,000

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 2,644 $916,351,000 $346,000 $8,500,000 $205,000 $14,435,000
Hispanic 409 $97,286,000 $237,000 $850,000 $104,000 $1,087,000
Asian 369 $138,780,000 $376,000 $2,520,000 $190,000 $6,705,000
Not Provided 310 $133,257,000 $429,000 $5,000,000 $225,000 $2,111,000
Not applicable 274 $600,560,000 $2,191,000 $36,420,000 $0 $53,000
Black or African American 150 $34,482,000 $229,000 $1,300,000 $104,000 $993,000
American Indian or Alaskan Native 12 $3,336,000 $278,000 $798,000 $139,000 $600,000
Native Hawaiian or Other Pacific Islander 7 $1,604,000 $229,000 $323,000 $108,000 $151,000

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) 3,783 $1,830,840,000 $483,000 $36,420,000 $190,000 $14,435,000
FHA-insured (Federal Housing Administration) 275 $68,925,000 $250,000 $620,000 $68,000 $300,000
VA-guaranteed (Veterans Administration) 116 $25,719,000 $221,000 $511,000 $59,000 $202,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $172,000 $172,000 $172,000 $63,000 $63,000

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 2,546 $1,307,903,000 $513,000 $36,420,000 $187,000 $8,167,000
Loan Purchased By The Institution 708 $271,332,000 $383,000 $1,250,000 $157,000 $2,009,000
Application Denied By Financial Institution 524 $145,385,000 $277,000 $2,485,000 $131,000 $1,250,000
Application Withdrawn By Applicant 235 $144,149,000 $613,000 $21,000,000 $247,000 $14,435,000
Application Approved But Not Accepted 116 $40,218,000 $346,000 $2,813,000 $207,000 $2,468,000
File Closed For Incompleteness 45 $16,369,000 $363,000 $2,800,000 $139,000 $635,000
Preapproval Denied by Financial Institution 1 $300,000 $300,000 $300,000 $52,000 $52,000
Preapproval Approved but not Accepted 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 266 $64,032,000 $240,000 $1,600,000 $79,000 $518,000
Credit History 104 $25,753,000 $247,000 $850,000 $174,000 $1,024,000
Collateral 101 $40,303,000 $399,000 $2,485,000 $211,000 $1,250,000
Other 38 $11,832,000 $311,000 $2,000,000 $174,000 $649,000
Insufficient Cash (Downpayment, Closing Cost) 8 $2,096,000 $262,000 $518,000 $156,000 $272,000
Credit Application Incomplete 6 $1,156,000 $192,000 $390,000 $0 $0
Unverifiable Information 2 $513,000 $256,000 $389,000 $81,000 $83,000
Mortgage Insurance Denied 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.

Download the New Jersey Lender List