Valley National Bank
Mortgage Loan Application
Totals and Details
for 2021

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 10,414
Total Mortgage Loan Application Amount $5,470,495,000
Average Mortgage Loan Application Amount $508,800
Highest Mortgage Loan Application Amount $75,005,000
Average Applicant Income $217,400
Highest Applicant Income $8,159,000

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 2021

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 1,059 $ 375,925,000 $ 354,000 $ 195,000
Suffolk County New York 608 $ 337,450,000 $ 555,000 $ 243,000
Morris County New Jersey 594 $ 193,770,000 $ 326,000 $ 164,000
Passaic County New Jersey 536 $ 128,880,000 $ 240,000 $ 138,000
Essex County New Jersey 516 $ 168,570,000 $ 326,000 $ 180,000
Ocean County New Jersey 396 $ 249,140,000 $ 629,000 $ 337,000
Monmouth County New Jersey 370 $ 127,560,000 $ 344,000 $ 243,000
Nassau County New York 345 $ 181,685,000 $ 526,000 $ 225,000
Hillsborough County Florida 334 $ 282,110,000 $ 844,000 $ 383,000
Pinellas County Florida 304 $ 167,640,000 $ 551,000 $ 280,000
Union County New Jersey 291 $ 86,715,000 $ 297,000 $ 153,000
Palm Beach County Florida 272 $ 159,700,000 $ 587,000 $ 401,000
Queens County New York 272 $ 144,840,000 $ 532,000 $ 130,000
Kings County New York 253 $ 408,845,000 $ 1,615,000 $ 225,000
Broward County Florida 240 $ 92,310,000 $ 384,000 $ 188,000
Middlesex County New Jersey 237 $ 53,900,000 $ 228,000 $ 155,000
Hudson County New Jersey 220 $ 122,270,000 $ 555,000 $ 149,000
Miami-Dade County Florida 218 $ 190,610,000 $ 874,000 $ 266,000
Cape May County New Jersey 216 $ 159,440,000 $ 738,000 $ 379,000
Orange County New York 193 $ 60,315,000 $ 312,000 $ 142,000
Collier County Florida 176 $ 110,580,000 $ 628,000 $ 359,000
Sussex County New Jersey 170 $ 33,360,000 $ 196,000 $ 118,000
Brevard County Florida 169 $ 47,225,000 $ 279,000 $ 75,000
Lee County Florida 168 $ 57,980,000 $ 345,000 $ 154,000
Somerset County New Jersey 149 $ 39,515,000 $ 265,000 $ 168,000
Dutchess County New York 144 $ 41,690,000 $ 289,000 $ 124,000
New York County New York 139 $ 399,575,000 $ 2,874,000 $ 520,000
Orange County Florida 108 $ 55,350,000 $ 512,000 $ 229,000
Westchester County New York 105 $ 82,505,000 $ 785,000 $ 309,000
Warren County New Jersey 77 $ 74,655,000 $ 969,000 $ 116,000
Ulster County New York 62 $ 19,160,000 $ 309,000 $ 178,000
Atlantic County New Jersey 59 $ 29,075,000 $ 492,000 $ 245,000
Pasco County Florida 53 $ 20,395,000 $ 384,000 $ 169,000
Hunterdon County New Jersey 50 $ 18,280,000 $ 365,000 $ 195,000
Mercer County New Jersey 49 $ 39,085,000 $ 797,000 $ 240,000
Fairfield County Connecticut 45 $ 33,255,000 $ 739,000 $ 325,000
Montgomery County Alabama 43 $ 9,705,000 $ 225,000 $ 93,000
Manatee County Florida 40 $ 35,370,000 $ 884,000 $ 709,000
Polk County Florida 39 $ 23,455,000 $ 601,000 $ 178,000
Sarasota County Florida 37 $ 33,425,000 $ 903,000 $ 349,000
Rockland County New York 35 $ 11,345,000 $ 324,000 $ 257,000
Lee County Alabama 32 $ 7,340,000 $ 229,000 $ 80,000
Putnam County New York 30 $ 9,990,000 $ 333,000 $ 171,000
Richmond County New York 29 $ 10,045,000 $ 346,000 $ 164,000
Seminole County Florida 28 $ 13,440,000 $ 480,000 $ 165,000
St. Johns County Florida 28 $ 12,030,000 $ 429,000 $ 218,000
Tallapoosa County Alabama 26 $ 4,420,000 $ 170,000 $ 91,000
Martin County Florida 26 $ 18,090,000 $ 695,000 $ 288,000
Duval County Florida 24 $ 48,350,000 $ 2,014,000 $ 223,000
Elmore County Alabama 23 $ 3,765,000 $ 163,000 $ 71,000
Jefferson County Alabama 23 $ 5,375,000 $ 233,000 $ 128,000
Indian River County Florida 23 $ 7,325,000 $ 318,000 $ 131,000
Philadelphia County Pennsylvania 23 $ 27,505,000 $ 1,195,000 $ 351,000
Burlington County New Jersey 21 $ 6,615,000 $ 315,000 $ 273,000
St. Lucie County Florida 20 $ 7,080,000 $ 354,000 $ 201,000
Bronx County New York 20 $ 34,080,000 $ 1,704,000 $ 126,000
Northampton County Pennsylvania 20 $ 19,880,000 $ 994,000 $ 114,000
Shelby County Alabama 19 $ 5,175,000 $ 272,000 $ 110,000
Sullivan County New York 19 $ 4,965,000 $ 261,000 $ 216,000
Lake County Florida 18 $ 19,790,000 $ 1,099,000 $ 135,000
Bucks County Pennsylvania 18 $ 6,220,000 $ 345,000 $ 197,000
Montgomery County Pennsylvania 17 $ 9,705,000 $ 570,000 $ 294,000
Pike County Pennsylvania 17 $ 2,785,000 $ 163,000 $ 171,000
Flagler County Florida 16 $ 6,270,000 $ 391,000 $ 211,000
Monroe County Pennsylvania 16 $ 2,090,000 $ 130,000 $ 117,000
Camden County New Jersey 15 $ 10,845,000 $ 723,000 $ 188,000
St. Clair County Alabama 14 $ 2,230,000 $ 159,000 $ 135,000
Osceola County Florida 14 $ 3,170,000 $ 226,000 $ 122,000
Volusia County Florida 14 $ 6,180,000 $ 441,000 $ 229,000
Monroe County New York 13 $ 2,115,000 $ 162,000 $ 76,000
Sevier County Tennessee 12 $ 8,280,000 $ 690,000 $ 419,000
Lehigh County Pennsylvania 11 $ 1,025,000 $ 93,000 $ 86,000
Wayne County Pennsylvania 11 $ 985,000 $ 89,000 $ 190,000
Monroe County Florida 10 $ 8,040,000 $ 804,000 $ 408,000
Chester County Pennsylvania 10 $ 5,370,000 $ 537,000 $ 263,000
Charlotte County Florida 9 $ 2,345,000 $ 260,000 $ 84,000
Gloucester County New Jersey 8 $ 2,110,000 $ 263,000 $ 156,000
Greene County New York 8 $ 2,570,000 $ 321,000 $ 219,000
Delaware County Pennsylvania 7 $ 2,255,000 $ 322,000 $ 207,000
Coosa County Alabama 6 $ 1,220,000 $ 203,000 $ 75,000
Litchfield County Connecticut 6 $ 3,270,000 $ 545,000 $ 187,000
New Haven County Connecticut 6 $ 2,760,000 $ 460,000 $ 486,000
Hernando County Florida 6 $ 1,780,000 $ 296,000 $ 196,000
Highlands County Florida 6 $ 4,720,000 $ 786,000 $ 164,000
Marion County Florida 6 $ 3,390,000 $ 565,000 $ 112,000
Warren County New York 6 $ 2,910,000 $ 485,000 $ 216,000
Autauga County Alabama 5 $ 1,045,000 $ 209,000 $ 85,000
Nassau County Florida 5 $ 1,975,000 $ 395,000 $ 682,000
Delaware County New York 5 $ 1,095,000 $ 219,000 $ 170,000
Beaufort County South Carolina 5 $ 7,635,000 $ 1,527,000 $ 332,000
Horry County South Carolina 5 $ 1,195,000 $ 239,000 $ 230,000
Travis County Texas 5 $ 2,755,000 $ 551,000 $ 218,000
Chilton County Alabama 4 $ 560,000 $ 140,000 $ 55,000
Russell County Alabama 4 $ 2,860,000 $ 715,000 $ 94,000
Sussex County Delaware 4 $ 1,980,000 $ 495,000 $ 232,000
Sumter County Florida 4 $ 1,570,000 $ 392,000 $ 177,000
Chatham County Georgia 4 $ 1,470,000 $ 367,000 $ 162,000
Barnstable County Massachusetts 4 $ 1,420,000 $ 355,000 $ 246,000
Salem County New Jersey 4 $ 590,000 $ 147,000 $ 108,000
Macon County North Carolina 4 $ 1,760,000 $ 440,000 $ 365,000
Mecklenburg County North Carolina 4 $ 690,000 $ 172,000 $ 135,000
Fairfax County Virginia 4 $ 4,300,000 $ 1,075,000 $ 884,000
Chambers County Alabama 3 $ 475,000 $ 158,000 $ 69,000
Tuscaloosa County Alabama 3 $ 865,000 $ 288,000 $ 70,000
Los Angeles County California 3 $ 3,525,000 $ 1,175,000 $ 1,008,000
Leon County Florida 3 $ 1,205,000 $ 401,000 $ 548,000
Okeechobee County Florida 3 $ 2,045,000 $ 681,000 $ 468,000
Walton County Florida 3 $ 2,255,000 $ 751,000 $ 185,000
East Baton Rouge County Louisiana 3 $ 2,475,000 $ 825,000 $ 323,000
Middlesex County Massachusetts 3 $ 1,815,000 $ 605,000 $ 169,000
Washington County New York 3 $ 625,000 $ 208,000 $ 56,000
Iredell County North Carolina 3 $ 4,995,000 $ 1,665,000 $ 711,000
Carbon County Pennsylvania 3 $ 385,000 $ 128,000 $ 94,000
Lackawanna County Pennsylvania 3 $ 285,000 $ 95,000 $ 68,000
Napa County California 2 $ 460,000 $ 230,000 $ 277,000
San Diego County California 2 $ 3,660,000 $ 1,830,000 $ 953,000
Eagle County Colorado 2 $ 6,360,000 $ 3,180,000 $ 960,000
Middlesex County Connecticut 2 $ 1,100,000 $ 550,000 $ 535,000
New Castle County Delaware 2 $ 12,830,000 $ 6,415,000 $ 0
Citrus County Florida 2 $ 300,000 $ 150,000 $ 60,000
Clay County Florida 2 $ 640,000 $ 320,000 $ 200,000
Escambia County Florida 2 $ 12,560,000 $ 6,280,000 $ 126,000
Okaloosa County Florida 2 $ 1,000,000 $ 500,000 $ 172,000
Teton County Idaho 2 $ 750,000 $ 375,000 $ 511,000
Cook County Illinois 2 $ 610,000 $ 305,000 $ 260,000
Boone County Kentucky 2 $ 630,000 $ 315,000 $ 216,000
Campbell County Kentucky 2 $ 690,000 $ 345,000 $ 245,000
Jefferson County Kentucky 2 $ 4,200,000 $ 2,100,000 $ 77,000
Talbot County Maryland 2 $ 2,850,000 $ 1,425,000 $ 875,000
Berkshire County Massachusetts 2 $ 1,290,000 $ 645,000 $ 516,000
Suffolk County Massachusetts 2 $ 620,000 $ 310,000 $ 721,000
Cumberland County New Jersey 2 $ 300,000 $ 150,000 $ 80,000
Columbia County New York 2 $ 500,000 $ 250,000 $ 216,000
Erie County New York 2 $ 400,000 $ 200,000 $ 367,000
Saratoga County New York 2 $ 430,000 $ 215,000 $ 88,000
Schenectady County New York 2 $ 310,000 $ 155,000 $ 152,000
Tompkins County New York 2 $ 600,000 $ 300,000 $ 329,000
Brunswick County North Carolina 2 $ 540,000 $ 270,000 $ 147,000
Dare County North Carolina 2 $ 480,000 $ 240,000 $ 206,000
Graham County North Carolina 2 $ 680,000 $ 340,000 $ 369,000
Jackson County North Carolina 2 $ 1,130,000 $ 565,000 $ 422,000
Onslow County North Carolina 2 $ 690,000 $ 345,000 $ 121,000
Adams County Pennsylvania 2 $ 4,170,000 $ 2,085,000 $ 304,000
Lancaster County Pennsylvania 2 $ 570,000 $ 285,000 $ 196,000
Susquehanna County Pennsylvania 2 $ 280,000 $ 140,000 $ 90,000
Charleston County South Carolina 2 $ 1,610,000 $ 805,000 $ 1,456,000
Dorchester County South Carolina 2 $ 400,000 $ 200,000 $ 113,000
Hawkins County Tennessee 2 $ 410,000 $ 205,000 $ 53,000
Knox County Tennessee 2 $ 550,000 $ 275,000 $ 84,000
Chesterfield County Virginia 2 $ 1,210,000 $ 605,000 $ 121,000
Upshur County West Virginia 2 $ 270,000 $ 135,000 $ 50,000
Baldwin County Alabama 1 $ 285,000 $ 285,000 $ 48,000
Barbour County Alabama 1 $ 155,000 $ 155,000 $ 91,000
Calhoun County Alabama 1 $ 135,000 $ 135,000 $ 48,000
Clay County Alabama 1 $ 45,000 $ 45,000 $ 48,000
Etowah County Alabama 1 $ 195,000 $ 195,000 $ 63,000
Madison County Alabama 1 $ 245,000 $ 245,000 $ 467,000
Mobile County Alabama 1 $ 145,000 $ 145,000 $ 39,000
Wilcox County Alabama 1 $ 395,000 $ 395,000 $ 122,000
Anchorage County Alaska 1 $ 415,000 $ 415,000 $ 38,000
Crittenden County Arkansas 1 $ 105,000 $ 105,000 $ 107,000
El Dorado County California 1 $ 245,000 $ 245,000 $ 130,000
Orange County California 1 $ 1,005,000 $ 1,005,000 $ 1,545,000
Santa Barbara County California 1 $ 485,000 $ 485,000 $ 78,000
Lake County Colorado 1 $ 435,000 $ 435,000 $ 226,000
Summit County Colorado 1 $ 825,000 $ 825,000 $ 456,000
Hartford County Connecticut 1 $ 135,000 $ 135,000 $ 67,000
New London County Connecticut 1 $ 435,000 $ 435,000 $ 260,000
District of Columbia County District Of Columbia 1 $ 475,000 $ 475,000 $ 242,000
Alachua County Florida 1 $ 425,000 $ 425,000 $ 1,183,000
Bradford County Florida 1 $ 755,000 $ 755,000 $ 455,000
Putnam County Florida 1 $ 145,000 $ 145,000 $ 29,000
Bartow County Georgia 1 $ 3,175,000 $ 3,175,000 $ 0
Camden County Georgia 1 $ 265,000 $ 265,000 $ 119,000
Cobb County Georgia 1 $ 355,000 $ 355,000 $ 206,000
Fulton County Georgia 1 $ 525,000 $ 525,000 $ 644,000
Gilmer County Georgia 1 $ 545,000 $ 545,000 $ 967,000
Gwinnett County Georgia 1 $ 345,000 $ 345,000 $ 96,000
Hall County Georgia 1 $ 225,000 $ 225,000 $ 150,000
Henry County Georgia 1 $ 495,000 $ 495,000 $ 153,000
Liberty County Georgia 1 $ 105,000 $ 105,000 $ 199,000
Monroe County Georgia 1 $ 545,000 $ 545,000 $ 301,000
Paulding County Georgia 1 $ 245,000 $ 245,000 $ 49,000
Rockdale County Georgia 1 $ 245,000 $ 245,000 $ 107,000
Towns County Georgia 1 $ 355,000 $ 355,000 $ 240,000
St. Clair County Illinois 1 $ 655,000 $ 655,000 $ 0
Winnebago County Illinois 1 $ 6,755,000 $ 6,755,000 $ 0
Kenton County Kentucky 1 $ 285,000 $ 285,000 $ 263,000
Warren County Kentucky 1 $ 245,000 $ 245,000 $ 166,000
Cumberland County Maine 1 $ 425,000 $ 425,000 $ 260,000
Lincoln County Maine 1 $ 205,000 $ 205,000 $ 75,000
Washington County Maine 1 $ 125,000 $ 125,000 $ 139,000
York County Maine 1 $ 175,000 $ 175,000 $ 83,000
Anne Arundel County Maryland 1 $ 725,000 $ 725,000 $ 697,000
Baltimore County Maryland 1 $ 285,000 $ 285,000 $ 104,000
Montgomery County Maryland 1 $ 945,000 $ 945,000 $ 1,056,000
Prince George's County Maryland 1 $ 145,000 $ 145,000 $ 236,000
Worcester County Maryland 1 $ 55,000 $ 55,000 $ 172,000
Bristol County Massachusetts 1 $ 315,000 $ 315,000 $ 67,000
Lake County Minnesota 1 $ 365,000 $ 365,000 $ 2,039,000
Jackson County Missouri 1 $ 125,000 $ 125,000 $ 76,000
Hillsborough County New Hampshire 1 $ 405,000 $ 405,000 $ 124,000
Albany County New York 1 $ 6,505,000 $ 6,505,000 $ 0
Cayuga County New York 1 $ 95,000 $ 95,000 $ 82,000
Chenango County New York 1 $ 205,000 $ 205,000 $ 113,000
Franklin County New York 1 $ 1,085,000 $ 1,085,000 $ 511,000
Genesee County New York 1 $ 105,000 $ 105,000 $ 14,000
Hamilton County New York 1 $ 215,000 $ 215,000 $ 160,000
Onondaga County New York 1 $ 135,000 $ 135,000 $ 72,000
Rensselaer County New York 1 $ 5,375,000 $ 5,375,000 $ 0
Schoharie County New York 1 $ 355,000 $ 355,000 $ 278,000
Beaufort County North Carolina 1 $ 115,000 $ 115,000 $ 78,000
Cabarrus County North Carolina 1 $ 8,405,000 $ 8,405,000 $ 0
Carteret County North Carolina 1 $ 655,000 $ 655,000 $ 244,000
Catawba County North Carolina 1 $ 185,000 $ 185,000 $ 52,000
Chatham County North Carolina 1 $ 2,005,000 $ 2,005,000 $ 560,000
Franklin County North Carolina 1 $ 245,000 $ 245,000 $ 145,000
Gaston County North Carolina 1 $ 305,000 $ 305,000 $ 80,000
Harnett County North Carolina 1 $ 235,000 $ 235,000 $ 197,000
New Hanover County North Carolina 1 $ 245,000 $ 245,000 $ 62,000
Polk County North Carolina 1 $ 665,000 $ 665,000 $ 283,000
Stanly County North Carolina 1 $ 85,000 $ 85,000 $ 42,000
Union County North Carolina 1 $ 85,000 $ 85,000 $ 67,000
Wake County North Carolina 1 $ 525,000 $ 525,000 $ 87,000
Watauga County North Carolina 1 $ 415,000 $ 415,000 $ 378,000
Butler County Ohio 1 $ 205,000 $ 205,000 $ 74,000
Franklin County Ohio 1 $ 395,000 $ 395,000 $ 135,000
Hamilton County Ohio 1 $ 255,000 $ 255,000 $ 263,000
Montgomery County Ohio 1 $ 95,000 $ 95,000 $ 86,000
Allegheny County Pennsylvania 1 $ 245,000 $ 245,000 $ 168,000
Berks County Pennsylvania 1 $ 185,000 $ 185,000 $ 101,000
Fayette County Pennsylvania 1 $ 285,000 $ 285,000 $ 250,000
McKean County Pennsylvania 1 $ 125,000 $ 125,000 $ 158,000
Schuylkill County Pennsylvania 1 $ 235,000 $ 235,000 $ 295,000
Union County Pennsylvania 1 $ 185,000 $ 185,000 $ 67,000
York County Pennsylvania 1 $ 85,000 $ 85,000 $ 80,000
Bristol County Rhode Island 1 $ 135,000 $ 135,000 $ 85,000
Kent County Rhode Island 1 $ 265,000 $ 265,000 $ 70,000
Newport County Rhode Island 1 $ 1,185,000 $ 1,185,000 $ 779,000
Providence County Rhode Island 1 $ 205,000 $ 205,000 $ 138,000
Anderson County South Carolina 1 $ 635,000 $ 635,000 $ 208,000
Georgetown County South Carolina 1 $ 205,000 $ 205,000 $ 134,000
Anderson County Tennessee 1 $ 215,000 $ 215,000 $ 59,000
Cumberland County Tennessee 1 $ 125,000 $ 125,000 $ 149,000
Davidson County Tennessee 1 $ 365,000 $ 365,000 $ 481,000
Jefferson County Tennessee 1 $ 1,275,000 $ 1,275,000 $ 361,000
McMinn County Tennessee 1 $ 265,000 $ 265,000 $ 47,000
Smith County Tennessee 1 $ 515,000 $ 515,000 $ 105,000
Williamson County Tennessee 1 $ 3,925,000 $ 3,925,000 $ 0
Bexar County Texas 1 $ 345,000 $ 345,000 $ 0
Dallas County Texas 1 $ 175,000 $ 175,000 $ 177,000
Harris County Texas 1 $ 285,000 $ 285,000 $ 64,000
Montgomery County Texas 1 $ 935,000 $ 935,000 $ 706,000
Utah County Utah 1 $ 735,000 $ 735,000 $ 640,000
Wasatch County Utah 1 $ 155,000 $ 155,000 $ 668,000
Bennington County Vermont 1 $ 345,000 $ 345,000 $ 64,000
Loudoun County Virginia 1 $ 245,000 $ 245,000 $ 318,000
Richmond City County Virginia 1 $ 3,205,000 $ 3,205,000 $ 0
Tazewell County Virginia 1 $ 345,000 $ 345,000 $ 170,000
Virginia Beach County Virginia 1 $ 235,000 $ 235,000 $ 248,000

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 2021

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
Home Purchase 3,615 $2,113,665,000 $584,000 $41,125,000 $239,000 $8,159,000
Refinancing 3,147 $1,190,545,000 $378,000 $23,725,000 $203,000 $5,368,000
Cash-out Refinancing 2,549 $1,782,880,000 $699,000 $62,005,000 $218,000 $5,586,000
Home Improvement 734 $115,510,000 $157,000 $4,505,000 $185,000 $2,286,000
Other Purpose 369 $267,895,000 $726,000 $75,005,000 $242,000 $1,923,000
Not Applicable 0 $0 $0 $0 $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 6,168 $2,547,040,000 $412,000 $17,005,000 $238,000 $8,159,000
Not Provided 1,174 $463,130,000 $394,000 $6,045,000 $242,000 $5,500,000
Hispanic 1,149 $364,385,000 $317,000 $2,975,000 $147,000 $2,595,000
Asian 683 $287,835,000 $421,000 $2,605,000 $200,000 $5,586,000
Black or African American 628 $211,690,000 $337,000 $2,605,000 $159,000 $3,084,000
Not applicable 530 $1,562,185,000 $2,953,000 $75,005,000 $77,000 $442,000
American Indian or Alaskan Native 15 $5,635,000 $375,000 $1,425,000 $196,000 $596,000
Native Hawaiian or Other Pacific Islander 7 $1,775,000 $253,000 $445,000 $131,000 $324,000

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) 10,147 $5,377,200,000 $529,000 $75,005,000 $222,000 $8,159,000
FHA-insured (Federal Housing Administration) 196 $65,030,000 $331,000 $815,000 $94,000 $292,000
VA-guaranteed (Veterans Administration) 70 $27,960,000 $399,000 $1,225,000 $116,000 $425,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $305,000 $305,000 $305,000 $70,000 $70,000

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 7,364 $4,313,935,000 $585,000 $75,005,000 $223,000 $6,575,000
Application Withdrawn By Applicant 1,875 $771,235,000 $411,000 $17,005,000 $239,000 $8,159,000
Application Denied By Financial Institution 511 $163,075,000 $319,000 $2,605,000 $136,000 $1,369,000
Application Approved But Not Accepted 320 $121,210,000 $378,000 $4,005,000 $227,000 $4,572,000
Loan Purchased By The Institution 237 $60,715,000 $256,000 $505,000 $82,000 $540,000
File Closed For Incompleteness 107 $40,325,000 $376,000 $2,005,000 $245,000 $2,013,000
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 9,903 $5,307,420,000 $535,000 $75,005,000 $223,000 $8,159,000
Debt-To-Income Ratio 264 $91,380,000 $346,000 $1,905,000 $89,000 $616,000
Collateral 124 $33,320,000 $268,000 $1,805,000 $198,000 $1,102,000
Credit History 63 $17,085,000 $271,000 $1,655,000 $148,000 $686,000
Other 35 $9,615,000 $274,000 $2,305,000 $188,000 $1,369,000
Credit Application Incomplete 10 $7,440,000 $744,000 $2,605,000 $230,000 $804,000
Insufficient Cash (Downpayment, Closing Cost) 8 $2,260,000 $282,000 $685,000 $100,000 $185,000
Employment History 4 $710,000 $177,000 $315,000 $63,000 $108,000
Unverifiable Information 3 $1,265,000 $421,000 $795,000 $349,000 $413,000
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.

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