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.
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.
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.