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 | 9,595 |
Total Mortgage Loan Application Amount | $4,280,995,000 |
Average Mortgage Loan Application Amount | $1,731,333 |
Highest Mortgage Loan Application Amount | $55,005,000 |
Average Applicant Income | $161,000 |
Highest Applicant Income | $6,700,000 |
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 | 1,018 | $ 344,310,000 | $ 338,000 | $ 181,000 |
Suffolk County New York | 680 | $ 347,800,000 | $ 511,000 | $ 258,000 |
Passaic County New Jersey | 632 | $ 151,150,000 | $ 239,000 | $ 138,000 |
Essex County New Jersey | 599 | $ 175,725,000 | $ 293,000 | $ 161,000 |
Morris County New Jersey | 554 | $ 139,390,000 | $ 251,000 | $ 181,000 |
Monmouth County New Jersey | 411 | $ 131,665,000 | $ 320,000 | $ 189,000 |
Ocean County New Jersey | 365 | $ 163,855,000 | $ 448,000 | $ 279,000 |
Nassau County New York | 319 | $ 180,935,000 | $ 567,000 | $ 247,000 |
Union County New Jersey | 290 | $ 83,630,000 | $ 288,000 | $ 187,000 |
Middlesex County New Jersey | 282 | $ 116,910,000 | $ 414,000 | $ 127,000 |
Pinellas County Florida | 245 | $ 98,535,000 | $ 402,000 | $ 262,000 |
Hillsborough County Florida | 238 | $ 161,070,000 | $ 676,000 | $ 352,000 |
Queens County New York | 219 | $ 123,365,000 | $ 563,000 | $ 136,000 |
Kings County New York | 207 | $ 310,355,000 | $ 1,499,000 | $ 190,000 |
Cape May County New Jersey | 202 | $ 116,170,000 | $ 575,000 | $ 341,000 |
Palm Beach County Florida | 192 | $ 89,200,000 | $ 464,000 | $ 251,000 |
Collier County Florida | 174 | $ 73,380,000 | $ 421,000 | $ 222,000 |
Broward County Florida | 169 | $ 55,965,000 | $ 331,000 | $ 207,000 |
Hudson County New Jersey | 167 | $ 58,015,000 | $ 347,000 | $ 158,000 |
Somerset County New Jersey | 164 | $ 41,420,000 | $ 252,000 | $ 162,000 |
Sussex County New Jersey | 162 | $ 32,050,000 | $ 197,000 | $ 136,000 |
Orange County New York | 161 | $ 73,845,000 | $ 458,000 | $ 126,000 |
Miami-Dade County Florida | 151 | $ 68,655,000 | $ 454,000 | $ 221,000 |
Dutchess County New York | 123 | $ 34,905,000 | $ 283,000 | $ 146,000 |
Westchester County New York | 110 | $ 96,350,000 | $ 875,000 | $ 288,000 |
New York County New York | 107 | $ 293,935,000 | $ 2,747,000 | $ 475,000 |
Lee County Florida | 100 | $ 20,260,000 | $ 202,000 | $ 101,000 |
Brevard County Florida | 87 | $ 26,845,000 | $ 308,000 | $ 80,000 |
Orange County Florida | 84 | $ 62,560,000 | $ 744,000 | $ 211,000 |
Warren County New Jersey | 73 | $ 13,285,000 | $ 181,000 | $ 111,000 |
Atlantic County New Jersey | 56 | $ 15,630,000 | $ 279,000 | $ 166,000 |
Hunterdon County New Jersey | 52 | $ 14,930,000 | $ 287,000 | $ 179,000 |
Rockland County New York | 47 | $ 20,575,000 | $ 437,000 | $ 160,000 |
Ulster County New York | 46 | $ 10,790,000 | $ 234,000 | $ 182,000 |
Mercer County New Jersey | 41 | $ 13,195,000 | $ 321,000 | $ 170,000 |
Bronx County New York | 38 | $ 98,390,000 | $ 2,589,000 | $ 103,000 |
Montgomery County Alabama | 37 | $ 7,215,000 | $ 195,000 | $ 124,000 |
Seminole County Florida | 37 | $ 10,785,000 | $ 291,000 | $ 316,000 |
Manatee County Florida | 36 | $ 16,000,000 | $ 444,000 | $ 409,000 |
Richmond County New York | 34 | $ 10,130,000 | $ 297,000 | $ 165,000 |
Putnam County New York | 31 | $ 10,075,000 | $ 325,000 | $ 164,000 |
Tallapoosa County Alabama | 29 | $ 4,455,000 | $ 153,000 | $ 97,000 |
Sarasota County Florida | 27 | $ 19,765,000 | $ 732,000 | $ 477,000 |
Philadelphia County Pennsylvania | 27 | $ 9,955,000 | $ 368,000 | $ 306,000 |
Elmore County Alabama | 26 | $ 4,500,000 | $ 173,000 | $ 95,000 |
Polk County Florida | 25 | $ 8,125,000 | $ 325,000 | $ 55,000 |
Lee County Alabama | 24 | $ 5,460,000 | $ 227,000 | $ 126,000 |
Duval County Florida | 23 | $ 16,325,000 | $ 709,000 | $ 319,000 |
Pasco County Florida | 23 | $ 4,235,000 | $ 184,000 | $ 109,000 |
Burlington County New Jersey | 23 | $ 6,415,000 | $ 278,000 | $ 164,000 |
Fairfield County Connecticut | 21 | $ 11,465,000 | $ 545,000 | $ 238,000 |
Indian River County Florida | 21 | $ 16,025,000 | $ 763,000 | $ 90,000 |
Martin County Florida | 21 | $ 10,835,000 | $ 515,000 | $ 153,000 |
Monroe County New York | 19 | $ 3,155,000 | $ 166,000 | $ 104,000 |
Jefferson County Alabama | 18 | $ 5,230,000 | $ 290,000 | $ 232,000 |
St. Johns County Florida | 18 | $ 3,570,000 | $ 198,000 | $ 138,000 |
Bucks County Pennsylvania | 16 | $ 6,040,000 | $ 377,000 | $ 181,000 |
Camden County New Jersey | 15 | $ 3,625,000 | $ 241,000 | $ 144,000 |
Montgomery County Pennsylvania | 15 | $ 4,755,000 | $ 317,000 | $ 189,000 |
Northampton County Pennsylvania | 15 | $ 21,395,000 | $ 1,426,000 | $ 112,000 |
Shelby County Alabama | 14 | $ 2,780,000 | $ 198,000 | $ 152,000 |
Sullivan County New York | 13 | $ 2,175,000 | $ 167,000 | $ 124,000 |
Wayne County Pennsylvania | 12 | $ 1,450,000 | $ 120,000 | $ 159,000 |
Volusia County Florida | 11 | $ 6,895,000 | $ 626,000 | $ 234,000 |
New Castle County Delaware | 10 | $ 33,840,000 | $ 3,384,000 | $ 270,000 |
Monroe County Florida | 10 | $ 20,390,000 | $ 2,039,000 | $ 372,000 |
Monroe County Pennsylvania | 10 | $ 1,500,000 | $ 150,000 | $ 143,000 |
Pike County Pennsylvania | 10 | $ 1,920,000 | $ 192,000 | $ 115,000 |
St. Clair County Alabama | 9 | $ 1,275,000 | $ 141,000 | $ 92,000 |
Litchfield County Connecticut | 8 | $ 2,740,000 | $ 342,000 | $ 131,000 |
Citrus County Florida | 8 | $ 2,600,000 | $ 325,000 | $ 117,000 |
St. Lucie County Florida | 8 | $ 1,670,000 | $ 208,000 | $ 211,000 |
Chester County Pennsylvania | 8 | $ 4,420,000 | $ 552,000 | $ 346,000 |
Lehigh County Pennsylvania | 8 | $ 4,080,000 | $ 510,000 | $ 139,000 |
Flagler County Florida | 7 | $ 2,065,000 | $ 295,000 | $ 383,000 |
Osceola County Florida | 7 | $ 1,255,000 | $ 179,000 | $ 186,000 |
Gloucester County New Jersey | 7 | $ 1,185,000 | $ 169,000 | $ 136,000 |
Chatham County Georgia | 6 | $ 1,240,000 | $ 206,000 | $ 114,000 |
Boone County Kentucky | 6 | $ 1,510,000 | $ 251,000 | $ 121,000 |
Delaware County New York | 6 | $ 1,290,000 | $ 215,000 | $ 139,000 |
Berks County Pennsylvania | 6 | $ 1,130,000 | $ 188,000 | $ 337,000 |
Sevier County Tennessee | 6 | $ 2,610,000 | $ 435,000 | $ 552,000 |
Alachua County Florida | 5 | $ 1,965,000 | $ 393,000 | $ 56,000 |
Charlotte County Florida | 5 | $ 975,000 | $ 195,000 | $ 103,000 |
Hernando County Florida | 5 | $ 955,000 | $ 191,000 | $ 254,000 |
Autauga County Alabama | 4 | $ 470,000 | $ 117,000 | $ 93,000 |
Los Angeles County California | 4 | $ 4,230,000 | $ 1,057,000 | $ 414,000 |
New Haven County Connecticut | 4 | $ 2,180,000 | $ 545,000 | $ 311,000 |
Marion County Florida | 4 | $ 950,000 | $ 237,000 | $ 352,000 |
Hillsborough County New Hampshire | 4 | $ 1,090,000 | $ 272,000 | $ 131,000 |
Warren County New York | 4 | $ 3,340,000 | $ 835,000 | $ 345,000 |
Carbon County Pennsylvania | 4 | $ 370,000 | $ 92,000 | $ 159,000 |
Loudoun County Virginia | 4 | $ 1,250,000 | $ 312,000 | $ 181,000 |
Baldwin County Alabama | 3 | $ 825,000 | $ 275,000 | $ 95,000 |
Chambers County Alabama | 3 | $ 335,000 | $ 111,000 | $ 50,000 |
Hartford County Connecticut | 3 | $ 1,005,000 | $ 335,000 | $ 200,000 |
Lake County Florida | 3 | $ 1,345,000 | $ 448,000 | $ 307,000 |
Leon County Florida | 3 | $ 425,000 | $ 141,000 | $ 64,000 |
Anne Arundel County Maryland | 3 | $ 1,075,000 | $ 358,000 | $ 199,000 |
Cumberland County New Jersey | 3 | $ 565,000 | $ 188,000 | $ 85,000 |
Essex County New York | 3 | $ 585,000 | $ 195,000 | $ 169,000 |
Onondaga County New York | 3 | $ 745,000 | $ 248,000 | $ 507,000 |
Saratoga County New York | 3 | $ 1,565,000 | $ 521,000 | $ 462,000 |
Schoharie County New York | 3 | $ 225,000 | $ 75,000 | $ 115,000 |
Wake County North Carolina | 3 | $ 865,000 | $ 288,000 | $ 213,000 |
Allegheny County Pennsylvania | 3 | $ 1,105,000 | $ 368,000 | $ 234,000 |
Delaware County Pennsylvania | 3 | $ 825,000 | $ 275,000 | $ 133,000 |
Providence County Rhode Island | 3 | $ 1,785,000 | $ 595,000 | $ 1,146,000 |
York County South Carolina | 3 | $ 1,035,000 | $ 345,000 | $ 122,000 |
Winston County Alabama | 2 | $ 490,000 | $ 245,000 | $ 142,000 |
Maricopa County Arizona | 2 | $ 1,570,000 | $ 785,000 | $ 450,000 |
Riverside County California | 2 | $ 750,000 | $ 375,000 | $ 122,000 |
Denver County Colorado | 2 | $ 910,000 | $ 455,000 | $ 245,000 |
Middlesex County Connecticut | 2 | $ 760,000 | $ 380,000 | $ 111,000 |
New London County Connecticut | 2 | $ 510,000 | $ 255,000 | $ 192,000 |
Escambia County Florida | 2 | $ 170,000 | $ 85,000 | $ 89,000 |
Hendry County Florida | 2 | $ 3,290,000 | $ 1,645,000 | $ 45,000 |
Sumter County Florida | 2 | $ 1,060,000 | $ 530,000 | $ 616,000 |
Camden County Georgia | 2 | $ 720,000 | $ 360,000 | $ 621,000 |
Gwinnett County Georgia | 2 | $ 380,000 | $ 190,000 | $ 161,000 |
Pickens County Georgia | 2 | $ 990,000 | $ 495,000 | $ 263,000 |
Montgomery County Maryland | 2 | $ 3,610,000 | $ 1,805,000 | $ 1,712,000 |
Prince George's County Maryland | 2 | $ 910,000 | $ 455,000 | $ 241,000 |
Barnstable County Massachusetts | 2 | $ 620,000 | $ 310,000 | $ 251,000 |
Norfolk County Massachusetts | 2 | $ 930,000 | $ 465,000 | $ 228,000 |
Cayuga County New York | 2 | $ 290,000 | $ 145,000 | $ 123,000 |
Columbia County New York | 2 | $ 640,000 | $ 320,000 | $ 87,000 |
Franklin County New York | 2 | $ 120,000 | $ 60,000 | $ 65,000 |
Greene County New York | 2 | $ 330,000 | $ 165,000 | $ 109,000 |
Lewis County New York | 2 | $ 190,000 | $ 95,000 | $ 102,000 |
Otsego County New York | 2 | $ 250,000 | $ 125,000 | $ 150,000 |
Rensselaer County New York | 2 | $ 550,000 | $ 275,000 | $ 267,000 |
Brunswick County North Carolina | 2 | $ 440,000 | $ 220,000 | $ 97,000 |
Catawba County North Carolina | 2 | $ 220,000 | $ 110,000 | $ 29,000 |
Johnston County North Carolina | 2 | $ 460,000 | $ 230,000 | $ 76,000 |
Dauphin County Pennsylvania | 2 | $ 8,250,000 | $ 4,125,000 | $ 884,000 |
Newport County Rhode Island | 2 | $ 1,380,000 | $ 690,000 | $ 600,000 |
Charleston County South Carolina | 2 | $ 800,000 | $ 400,000 | $ 70,000 |
Davidson County Tennessee | 2 | $ 530,000 | $ 265,000 | $ 173,000 |
Hamblen County Tennessee | 2 | $ 420,000 | $ 210,000 | $ 57,000 |
Summit County Utah | 2 | $ 940,000 | $ 470,000 | $ 408,000 |
Windsor County Vermont | 2 | $ 480,000 | $ 240,000 | $ 192,000 |
Alexandria County Virginia | 2 | $ 1,000,000 | $ 500,000 | $ 268,000 |
Fairfax County Virginia | 2 | $ 2,010,000 | $ 1,005,000 | $ 179,000 |
Roanoke City County Virginia | 2 | $ 200,000 | $ 100,000 | $ 755,000 |
Bullock County Alabama | 1 | $ 35,000 | $ 35,000 | $ 26,000 |
Coffee County Alabama | 1 | $ 245,000 | $ 245,000 | $ 125,000 |
Coosa County Alabama | 1 | $ 255,000 | $ 255,000 | $ 76,000 |
Houston County Alabama | 1 | $ 95,000 | $ 95,000 | $ 46,000 |
Macon County Alabama | 1 | $ 105,000 | $ 105,000 | $ 60,000 |
Madison County Alabama | 1 | $ 255,000 | $ 255,000 | $ 497,000 |
Marshall County Alabama | 1 | $ 165,000 | $ 165,000 | $ 128,000 |
Talladega County Alabama | 1 | $ 105,000 | $ 105,000 | $ 180,000 |
Tuscaloosa County Alabama | 1 | $ 335,000 | $ 335,000 | $ 447,000 |
Pinal County Arizona | 1 | $ 225,000 | $ 225,000 | $ 91,000 |
El Dorado County California | 1 | $ 275,000 | $ 275,000 | $ 0 |
Orange County California | 1 | $ 605,000 | $ 605,000 | $ 542,000 |
San Diego County California | 1 | $ 955,000 | $ 955,000 | $ 186,000 |
Boulder County Colorado | 1 | $ 325,000 | $ 325,000 | $ 63,000 |
Jefferson County Colorado | 1 | $ 385,000 | $ 385,000 | $ 80,000 |
District of Columbia County District Of Columbia | 1 | $ 315,000 | $ 315,000 | $ 75,000 |
Bay County Florida | 1 | $ 135,000 | $ 135,000 | $ 0 |
Franklin County Florida | 1 | $ 1,405,000 | $ 1,405,000 | $ 1,860,000 |
Nassau County Florida | 1 | $ 195,000 | $ 195,000 | $ 60,000 |
Walton County Florida | 1 | $ 235,000 | $ 235,000 | $ 41,000 |
Cobb County Georgia | 1 | $ 955,000 | $ 955,000 | $ 264,000 |
Coweta County Georgia | 1 | $ 195,000 | $ 195,000 | $ 74,000 |
Dawson County Georgia | 1 | $ 1,105,000 | $ 1,105,000 | $ 338,000 |
Fayette County Georgia | 1 | $ 365,000 | $ 365,000 | $ 349,000 |
Fulton County Georgia | 1 | $ 105,000 | $ 105,000 | $ 257,000 |
Maui County Hawaii | 1 | $ 975,000 | $ 975,000 | $ 2,375,000 |
Teton County Idaho | 1 | $ 315,000 | $ 315,000 | $ 94,000 |
Johnson County Kansas | 1 | $ 255,000 | $ 255,000 | $ 67,000 |
Kenton County Kentucky | 1 | $ 145,000 | $ 145,000 | $ 210,000 |
East Baton Rouge County Louisiana | 1 | $ 105,000 | $ 105,000 | $ 205,000 |
St. Tammany County Louisiana | 1 | $ 235,000 | $ 235,000 | $ 81,000 |
Androscoggin County Maine | 1 | $ 75,000 | $ 75,000 | $ 37,000 |
Baltimore City County Maryland | 1 | $ 655,000 | $ 655,000 | $ 510,000 |
Cecil County Maryland | 1 | $ 195,000 | $ 195,000 | $ 69,000 |
Howard County Maryland | 1 | $ 195,000 | $ 195,000 | $ 73,000 |
Bristol County Massachusetts | 1 | $ 335,000 | $ 335,000 | $ 134,000 |
Essex County Massachusetts | 1 | $ 385,000 | $ 385,000 | $ 90,000 |
Suffolk County Massachusetts | 1 | $ 245,000 | $ 245,000 | $ 212,000 |
Crawford County Michigan | 1 | $ 365,000 | $ 365,000 | $ 112,000 |
St. Louis County Missouri | 1 | $ 515,000 | $ 515,000 | $ 1,157,000 |
Clark County Nevada | 1 | $ 225,000 | $ 225,000 | $ 44,000 |
Rockingham County New Hampshire | 1 | $ 145,000 | $ 145,000 | $ 212,000 |
Salem County New Jersey | 1 | $ 125,000 | $ 125,000 | $ 59,000 |
Albany County New York | 1 | $ 165,000 | $ 165,000 | $ 97,000 |
Erie County New York | 1 | $ 85,000 | $ 85,000 | $ 73,000 |
Fulton County New York | 1 | $ 375,000 | $ 375,000 | $ 221,000 |
Genesee County New York | 1 | $ 125,000 | $ 125,000 | $ 55,000 |
Ontario County New York | 1 | $ 385,000 | $ 385,000 | $ 132,000 |
Orleans County New York | 1 | $ 145,000 | $ 145,000 | $ 35,000 |
Steuben County New York | 1 | $ 155,000 | $ 155,000 | $ 578,000 |
Wayne County New York | 1 | $ 75,000 | $ 75,000 | $ 46,000 |
Buncombe County North Carolina | 1 | $ 405,000 | $ 405,000 | $ 108,000 |
Chatham County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 52,000 |
Dare County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 176,000 |
Guilford County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 355,000 |
Haywood County North Carolina | 1 | $ 285,000 | $ 285,000 | $ 613,000 |
Henderson County North Carolina | 1 | $ 565,000 | $ 565,000 | $ 1,378,000 |
Iredell County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 87,000 |
Jackson County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 0 |
Lincoln County North Carolina | 1 | $ 725,000 | $ 725,000 | $ 228,000 |
Macon County North Carolina | 1 | $ 465,000 | $ 465,000 | $ 507,000 |
Mecklenburg County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 75,000 |
New Hanover County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 80,000 |
Orange County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 385,000 |
Vance County North Carolina | 1 | $ 295,000 | $ 295,000 | $ 224,000 |
Watauga County North Carolina | 1 | $ 655,000 | $ 655,000 | $ 145,000 |
Hamilton County Ohio | 1 | $ 165,000 | $ 165,000 | $ 210,000 |
Montgomery County Ohio | 1 | $ 175,000 | $ 175,000 | $ 227,000 |
Summit County Ohio | 1 | $ 105,000 | $ 105,000 | $ 55,000 |
Adams County Pennsylvania | 1 | $ 2,905,000 | $ 2,905,000 | $ 0 |
Cambria County Pennsylvania | 1 | $ 1,505,000 | $ 1,505,000 | $ 0 |
Lackawanna County Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 247,000 |
Luzerne County Pennsylvania | 1 | $ 175,000 | $ 175,000 | $ 310,000 |
Potter County Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 86,000 |
York County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 134,000 |
Washington County Rhode Island | 1 | $ 205,000 | $ 205,000 | $ 120,000 |
Berkeley County South Carolina | 1 | $ 235,000 | $ 235,000 | $ 144,000 |
Colleton County South Carolina | 1 | $ 265,000 | $ 265,000 | $ 165,000 |
Greenville County South Carolina | 1 | $ 485,000 | $ 485,000 | $ 128,000 |
Horry County South Carolina | 1 | $ 185,000 | $ 185,000 | $ 65,000 |
Dickson County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 110,000 |
Knox County Tennessee | 1 | $ 225,000 | $ 225,000 | $ 64,000 |
Union County Tennessee | 1 | $ 395,000 | $ 395,000 | $ 1,087,000 |
Dallas County Texas | 1 | $ 505,000 | $ 505,000 | $ 290,000 |
Denton County Texas | 1 | $ 455,000 | $ 455,000 | $ 280,000 |
Fort Bend County Texas | 1 | $ 205,000 | $ 205,000 | $ 60,000 |
Kaufman County Texas | 1 | $ 195,000 | $ 195,000 | $ 381,000 |
Travis County Texas | 1 | $ 805,000 | $ 805,000 | $ 0 |
Bennington County Vermont | 1 | $ 495,000 | $ 495,000 | $ 1,190,000 |
Rutland County Vermont | 1 | $ 335,000 | $ 335,000 | $ 283,000 |
Virginia Beach County Virginia | 1 | $ 845,000 | $ 845,000 | $ 384,000 |
Door County Wisconsin | 1 | $ 275,000 | $ 275,000 | $ 252,000 |
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 | 3,338 | $1,203,960,000 | $360,000 | $7,005,000 | $206,000 | $6,700,000 |
Home Purchase | 3,189 | $1,430,375,000 | $448,000 | $30,005,000 | $203,000 | $5,400,000 |
Cash-out Refinancing | 1,992 | $1,371,680,000 | $688,000 | $38,005,000 | $194,000 | $5,183,000 |
Home Improvement | 555 | $72,425,000 | $130,000 | $4,125,000 | $172,000 | $4,211,000 |
Other Purpose | 519 | $185,745,000 | $357,000 | $55,005,000 | $191,000 | $3,736,000 |
Not Applicable | 2 | $16,810,000 | $8,405,000 | $16,005,000 | $0 | $0 |
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 | 6,007 | $2,155,105,000 | $358,000 | $8,655,000 | $223,000 | $6,700,000 |
Not Provided | 1,232 | $400,080,000 | $324,000 | $3,375,000 | $188,000 | $4,211,000 |
Hispanic | 1,007 | $284,125,000 | $282,000 | $2,905,000 | $128,000 | $1,667,000 |
Asian | 608 | $212,750,000 | $349,000 | $3,005,000 | $174,000 | $3,101,000 |
Black or African American | 336 | $91,010,000 | $270,000 | $2,635,000 | $111,000 | $1,538,000 |
Not applicable | 323 | $1,113,855,000 | $3,448,000 | $55,005,000 | $90,000 | $253,000 |
American Indian or Alaskan Native | 11 | $2,885,000 | $262,000 | $485,000 | $128,000 | $261,000 |
Native Hawaiian or Other Pacific Islander | 3 | $855,000 | $285,000 | $375,000 | $152,000 | $216,000 |
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) | 9,302 | $4,188,640,000 | $450,000 | $55,005,000 | $204,000 | $6,700,000 |
FHA-insured (Federal Housing Administration) | 253 | $78,835,000 | $311,000 | $845,000 | $85,000 | $375,000 |
VA-guaranteed (Veterans Administration) | 36 | $12,910,000 | $358,000 | $1,255,000 | $121,000 | $304,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 4 | $610,000 | $152,000 | $275,000 | $54,000 | $73,000 |
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 | 6,540 | $3,190,300,000 | $487,000 | $55,005,000 | $201,000 | $5,035,000 |
Application Withdrawn By Applicant | 1,857 | $675,165,000 | $363,000 | $8,655,000 | $215,000 | $5,400,000 |
Application Denied By Financial Institution | 727 | $224,525,000 | $308,000 | $3,265,000 | $155,000 | $6,700,000 |
Application Approved But Not Accepted | 294 | $129,060,000 | $438,000 | $4,125,000 | $221,000 | $2,809,000 |
Loan Purchased By The Institution | 94 | $28,410,000 | $302,000 | $535,000 | $88,000 | $356,000 |
File Closed For Incompleteness | 83 | $33,535,000 | $404,000 | $6,315,000 | $266,000 | $6,492,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 8,868 | $4,056,470,000 | $457,000 | $55,005,000 | $204,000 | $6,492,000 |
Debt-To-Income Ratio | 334 | $106,040,000 | $317,000 | $2,305,000 | $92,000 | $743,000 |
Collateral | 165 | $50,805,000 | $307,000 | $2,005,000 | $218,000 | $6,700,000 |
Credit History | 95 | $23,965,000 | $252,000 | $3,265,000 | $181,000 | $1,332,000 |
Other | 59 | $17,035,000 | $288,000 | $795,000 | $214,000 | $1,922,000 |
Credit Application Incomplete | 41 | $13,955,000 | $340,000 | $1,475,000 | $215,000 | $1,245,000 |
Insufficient Cash (Downpayment, Closing Cost) | 18 | $8,910,000 | $495,000 | $1,595,000 | $176,000 | $483,000 |
Employment History | 13 | $3,385,000 | $260,000 | $515,000 | $225,000 | $863,000 |
Unverifiable Information | 2 | $430,000 | $215,000 | $225,000 | $126,000 | $177,000 |
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.