Valley National Bank
Mortgage Loan Application
Totals and Details
for 2022

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 8,579
Total Mortgage Loan Application Amount $5,878,500,000
Average Mortgage Loan Application Amount $668,800
Highest Mortgage Loan Application Amount $70,005,000
Average Applicant Income $257,200
Highest Applicant Income $8,990,000

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 2022

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 853 $ 318,675,000 $ 373,000 $ 230,000
Essex County New Jersey 534 $ 203,020,000 $ 380,000 $ 196,000
Passaic County New Jersey 480 $ 100,560,000 $ 209,000 $ 141,000
Morris County New Jersey 459 $ 259,565,000 $ 565,000 $ 195,000
Suffolk County New York 426 $ 246,420,000 $ 578,000 $ 265,000
Monmouth County New Jersey 311 $ 121,495,000 $ 390,000 $ 260,000
Pinellas County Florida 289 $ 224,145,000 $ 775,000 $ 403,000
Ocean County New Jersey 289 $ 182,975,000 $ 633,000 $ 377,000
Hillsborough County Florida 285 $ 195,285,000 $ 685,000 $ 464,000
Union County New Jersey 263 $ 90,905,000 $ 345,000 $ 204,000
Nassau County New York 260 $ 170,090,000 $ 654,000 $ 275,000
Palm Beach County Florida 247 $ 165,895,000 $ 671,000 $ 468,000
Kings County New York 228 $ 422,350,000 $ 1,852,000 $ 263,000
Broward County Florida 222 $ 107,220,000 $ 482,000 $ 210,000
Hudson County New Jersey 218 $ 94,500,000 $ 433,000 $ 198,000
Queens County New York 210 $ 191,720,000 $ 912,000 $ 183,000
Miami-Dade County Florida 209 $ 137,805,000 $ 659,000 $ 305,000
Middlesex County New Jersey 197 $ 106,815,000 $ 542,000 $ 167,000
Lee County Florida 147 $ 37,605,000 $ 255,000 $ 169,000
New York County New York 137 $ 403,255,000 $ 2,943,000 $ 639,000
Collier County Florida 133 $ 88,345,000 $ 664,000 $ 329,000
Cape May County New Jersey 130 $ 95,180,000 $ 732,000 $ 454,000
Sussex County New Jersey 126 $ 17,670,000 $ 140,000 $ 132,000
Somerset County New Jersey 125 $ 170,725,000 $ 1,365,000 $ 231,000
Westchester County New York 112 $ 100,170,000 $ 894,000 $ 254,000
Brevard County Florida 109 $ 55,955,000 $ 513,000 $ 115,000
Dutchess County New York 103 $ 28,245,000 $ 274,000 $ 161,000
Orange County Florida 93 $ 41,025,000 $ 441,000 $ 279,000
Orange County New York 89 $ 25,195,000 $ 283,000 $ 158,000
Warren County New Jersey 85 $ 35,145,000 $ 413,000 $ 129,000
Rockland County New York 47 $ 21,305,000 $ 453,000 $ 358,000
Atlantic County New Jersey 45 $ 18,495,000 $ 411,000 $ 207,000
Lee County Alabama 39 $ 8,925,000 $ 228,000 $ 76,000
Sarasota County Florida 37 $ 14,225,000 $ 384,000 $ 188,000
Mercer County New Jersey 35 $ 11,415,000 $ 326,000 $ 233,000
Polk County Florida 34 $ 7,840,000 $ 230,000 $ 141,000
Volusia County Florida 31 $ 9,705,000 $ 313,000 $ 207,000
Richmond County New York 31 $ 19,775,000 $ 637,000 $ 261,000
Manatee County Florida 29 $ 23,085,000 $ 796,000 $ 381,000
Montgomery County Alabama 27 $ 5,335,000 $ 197,000 $ 105,000
Pasco County Florida 27 $ 7,395,000 $ 273,000 $ 242,000
Seminole County Florida 27 $ 7,125,000 $ 263,000 $ 217,000
Tallapoosa County Alabama 26 $ 3,940,000 $ 151,000 $ 82,000
Ulster County New York 26 $ 10,060,000 $ 386,000 $ 198,000
Fairfield County Connecticut 25 $ 17,325,000 $ 693,000 $ 295,000
Duval County Florida 25 $ 32,865,000 $ 1,314,000 $ 227,000
Flagler County Florida 24 $ 5,430,000 $ 226,000 $ 173,000
Indian River County Florida 23 $ 5,885,000 $ 255,000 $ 100,000
Hunterdon County New Jersey 23 $ 6,265,000 $ 272,000 $ 177,000
St. Johns County Florida 21 $ 10,015,000 $ 476,000 $ 312,000
Bronx County New York 21 $ 66,860,000 $ 3,343,000 $ 115,000
Martin County Florida 18 $ 9,600,000 $ 533,000 $ 307,000
Osceola County Florida 18 $ 8,620,000 $ 478,000 $ 155,000
Montgomery County Pennsylvania 18 $ 77,380,000 $ 4,298,000 $ 453,000
Monroe County Florida 15 $ 11,325,000 $ 755,000 $ 410,000
New Haven County Connecticut 14 $ 11,230,000 $ 802,000 $ 292,000
Burlington County New Jersey 14 $ 74,350,000 $ 5,310,000 $ 165,000
Camden County New Jersey 14 $ 3,760,000 $ 268,000 $ 198,000
Jefferson County Alabama 13 $ 3,665,000 $ 281,000 $ 222,000
St. Lucie County Florida 13 $ 4,475,000 $ 344,000 $ 190,000
Elmore County Alabama 12 $ 1,660,000 $ 138,000 $ 76,000
Sullivan County New York 12 $ 3,390,000 $ 282,000 $ 166,000
Los Angeles County California 11 $ 76,825,000 $ 6,984,000 $ 840,000
Cook County Illinois 11 $ 52,025,000 $ 4,729,000 $ 469,000
Putnam County New York 11 $ 3,455,000 $ 314,000 $ 230,000
Monroe County Pennsylvania 11 $ 1,765,000 $ 160,000 $ 266,000
Gloucester County New Jersey 9 $ 4,925,000 $ 547,000 $ 177,000
Sevier County Tennessee 9 $ 5,845,000 $ 649,000 $ 442,000
Shelby County Alabama 8 $ 3,680,000 $ 460,000 $ 148,000
Chester County Pennsylvania 8 $ 2,450,000 $ 306,000 $ 253,000
Philadelphia County Pennsylvania 8 $ 88,560,000 $ 11,070,000 $ 562,000
Chambers County Alabama 7 $ 1,445,000 $ 206,000 $ 95,000
St. Clair County Alabama 7 $ 915,000 $ 130,000 $ 115,000
Charlotte County Florida 7 $ 2,445,000 $ 349,000 $ 199,000
Lake County Florida 7 $ 1,875,000 $ 267,000 $ 96,000
Marion County Florida 7 $ 4,595,000 $ 656,000 $ 708,000
Greene County New York 7 $ 2,605,000 $ 372,000 $ 240,000
Sussex County Delaware 6 $ 2,310,000 $ 385,000 $ 143,000
Hernando County Florida 6 $ 1,980,000 $ 330,000 $ 281,000
Monroe County New York 6 $ 860,000 $ 143,000 $ 110,000
Lehigh County Pennsylvania 6 $ 12,200,000 $ 2,033,000 $ 86,000
Northampton County Pennsylvania 6 $ 2,750,000 $ 458,000 $ 83,000
Charleston County South Carolina 6 $ 5,600,000 $ 933,000 $ 857,000
Alachua County Florida 5 $ 2,305,000 $ 461,000 $ 218,000
Avery County North Carolina 5 $ 4,395,000 $ 879,000 $ 169,000
New Castle County Delaware 4 $ 30,810,000 $ 7,702,000 $ 0
Citrus County Florida 4 $ 1,570,000 $ 392,000 $ 165,000
Clay County Florida 4 $ 830,000 $ 207,000 $ 222,000
Sumter County Florida 4 $ 1,120,000 $ 280,000 $ 157,000
Chatham County Georgia 4 $ 3,050,000 $ 762,000 $ 290,000
Cobb County Georgia 4 $ 3,020,000 $ 755,000 $ 171,000
Columbia County New York 4 $ 1,390,000 $ 347,000 $ 299,000
Wake County North Carolina 4 $ 1,430,000 $ 357,000 $ 303,000
Pike County Pennsylvania 4 $ 820,000 $ 205,000 $ 104,000
Greenville County South Carolina 4 $ 5,850,000 $ 1,462,000 $ 234,000
Autauga County Alabama 3 $ 1,095,000 $ 365,000 $ 381,000
Russell County Alabama 3 $ 515,000 $ 171,000 $ 76,000
El Paso County Colorado 3 $ 1,185,000 $ 395,000 $ 115,000
Hartford County Connecticut 3 $ 845,000 $ 281,000 $ 86,000
Middlesex County Connecticut 3 $ 1,725,000 $ 575,000 $ 246,000
Santa Rosa County Florida 3 $ 2,765,000 $ 921,000 $ 304,000
Walton County Florida 3 $ 2,415,000 $ 805,000 $ 748,000
White County Georgia 3 $ 675,000 $ 225,000 $ 153,000
Montgomery County Maryland 3 $ 2,935,000 $ 978,000 $ 387,000
Suffolk County Massachusetts 3 $ 965,000 $ 321,000 $ 458,000
Erie County New York 3 $ 685,000 $ 228,000 $ 109,000
Schoharie County New York 3 $ 715,000 $ 238,000 $ 81,000
Warren County New York 3 $ 2,795,000 $ 931,000 $ 865,000
Brunswick County North Carolina 3 $ 735,000 $ 245,000 $ 119,000
Buncombe County North Carolina 3 $ 2,555,000 $ 851,000 $ 275,000
Jackson County North Carolina 3 $ 3,055,000 $ 1,018,000 $ 367,000
Bucks County Pennsylvania 3 $ 70,405,000 $ 23,468,000 $ 155,000
Delaware County Pennsylvania 3 $ 12,925,000 $ 4,308,000 $ 382,000
Berkeley County South Carolina 3 $ 915,000 $ 305,000 $ 102,000
Horry County South Carolina 3 $ 1,515,000 $ 505,000 $ 197,000
Fairfax County Virginia 3 $ 2,935,000 $ 978,000 $ 462,000
Baldwin County Alabama 2 $ 3,070,000 $ 1,535,000 $ 59,000
Chilton County Alabama 2 $ 90,000 $ 45,000 $ 80,000
Coosa County Alabama 2 $ 710,000 $ 355,000 $ 350,000
DeKalb County Alabama 2 $ 360,000 $ 180,000 $ 100,000
Sumter County Alabama 2 $ 70,000 $ 35,000 $ 34,000
Talladega County Alabama 2 $ 110,000 $ 55,000 $ 145,000
Yavapai County Arizona 2 $ 2,130,000 $ 1,065,000 $ 438,000
Chaffee County Colorado 2 $ 710,000 $ 355,000 $ 90,000
Gilchrist County Florida 2 $ 3,130,000 $ 1,565,000 $ 0
Highlands County Florida 2 $ 3,480,000 $ 1,740,000 $ 698,000
Leon County Florida 2 $ 130,000 $ 65,000 $ 260,000
Levy County Florida 2 $ 440,000 $ 220,000 $ 122,000
Okaloosa County Florida 2 $ 300,000 $ 150,000 $ 196,000
Bulloch County Georgia 2 $ 610,000 $ 305,000 $ 127,000
DuPage County Illinois 2 $ 37,390,000 $ 18,695,000 $ 0
Bossier County Louisiana 2 $ 35,010,000 $ 17,505,000 $ 0
Baltimore City County Maryland 2 $ 450,000 $ 225,000 $ 364,000
Middlesex County Massachusetts 2 $ 1,120,000 $ 560,000 $ 316,000
Santa Fe County New Mexico 2 $ 1,380,000 $ 690,000 $ 392,000
Genesee County New York 2 $ 130,000 $ 65,000 $ 57,000
Lewis County New York 2 $ 350,000 $ 175,000 $ 103,000
Haywood County North Carolina 2 $ 1,080,000 $ 540,000 $ 190,000
Crook County Oregon 2 $ 210,000 $ 105,000 $ 200,000
Allegheny County Pennsylvania 2 $ 36,170,000 $ 18,085,000 $ 69,000
Wayne County Pennsylvania 2 $ 530,000 $ 265,000 $ 296,000
Beaufort County South Carolina 2 $ 1,280,000 $ 640,000 $ 110,000
Bexar County Texas 2 $ 620,000 $ 310,000 $ 100,000
Fort Bend County Texas 2 $ 1,260,000 $ 630,000 $ 1,006,000
Bennington County Vermont 2 $ 660,000 $ 330,000 $ 1,021,000
Clay County Alabama 1 $ 135,000 $ 135,000 $ 105,000
Crenshaw County Alabama 1 $ 165,000 $ 165,000 $ 66,000
Cullman County Alabama 1 $ 205,000 $ 205,000 $ 121,000
Etowah County Alabama 1 $ 105,000 $ 105,000 $ 45,000
Randolph County Alabama 1 $ 85,000 $ 85,000 $ 23,000
Union County Arkansas 1 $ 105,000 $ 105,000 $ 196,000
Contra Costa County California 1 $ 2,545,000 $ 2,545,000 $ 585,000
Marin County California 1 $ 1,805,000 $ 1,805,000 $ 424,000
San Bernardino County California 1 $ 6,535,000 $ 6,535,000 $ 0
San Diego County California 1 $ 6,205,000 $ 6,205,000 $ 0
San Francisco County California 1 $ 4,425,000 $ 4,425,000 $ 2,234,000
Santa Barbara County California 1 $ 355,000 $ 355,000 $ 236,000
Sonoma County California 1 $ 22,255,000 $ 22,255,000 $ 0
Ventura County California 1 $ 195,000 $ 195,000 $ 148,000
Douglas County Colorado 1 $ 565,000 $ 565,000 $ 361,000
Garfield County Colorado 1 $ 155,000 $ 155,000 $ 158,000
Jefferson County Colorado 1 $ 655,000 $ 655,000 $ 0
Litchfield County Connecticut 1 $ 415,000 $ 415,000 $ 198,000
New London County Connecticut 1 $ 535,000 $ 535,000 $ 130,000
District of Columbia County District Of Columbia 1 $ 315,000 $ 315,000 $ 80,000
Bay County Florida 1 $ 11,805,000 $ 11,805,000 $ 0
Franklin County Florida 1 $ 1,385,000 $ 1,385,000 $ 2,248,000
Putnam County Florida 1 $ 45,000 $ 45,000 $ 49,000
Carroll County Georgia 1 $ 205,000 $ 205,000 $ 65,000
Cherokee County Georgia 1 $ 445,000 $ 445,000 $ 139,000
DeKalb County Georgia 1 $ 585,000 $ 585,000 $ 204,000
Douglas County Georgia 1 $ 435,000 $ 435,000 $ 98,000
Fannin County Georgia 1 $ 255,000 $ 255,000 $ 200,000
Greene County Georgia 1 $ 3,005,000 $ 3,005,000 $ 1,250,000
Gwinnett County Georgia 1 $ 375,000 $ 375,000 $ 300,000
Monroe County Georgia 1 $ 325,000 $ 325,000 $ 192,000
Will County Illinois 1 $ 9,745,000 $ 9,745,000 $ 0
Campbell County Kentucky 1 $ 305,000 $ 305,000 $ 142,000
Warren County Kentucky 1 $ 3,255,000 $ 3,255,000 $ 0
East Baton Rouge County Louisiana 1 $ 255,000 $ 255,000 $ 60,000
Cumberland County Maine 1 $ 385,000 $ 385,000 $ 144,000
Lincoln County Maine 1 $ 1,505,000 $ 1,505,000 $ 484,000
Queen Anne's County Maryland 1 $ 1,945,000 $ 1,945,000 $ 879,000
Plymouth County Massachusetts 1 $ 335,000 $ 335,000 $ 208,000
Ingham County Michigan 1 $ 28,805,000 $ 28,805,000 $ 0
Kent County Michigan 1 $ 9,005,000 $ 9,005,000 $ 0
Oakland County Michigan 1 $ 15,005,000 $ 15,005,000 $ 0
Madison County Mississippi 1 $ 26,005,000 $ 26,005,000 $ 0
Rankin County Mississippi 1 $ 18,505,000 $ 18,505,000 $ 0
Tunica County Mississippi 1 $ 13,505,000 $ 13,505,000 $ 0
Clark County Nevada 1 $ 285,000 $ 285,000 $ 168,000
Lyon County Nevada 1 $ 155,000 $ 155,000 $ 50,000
Washoe County Nevada 1 $ 755,000 $ 755,000 $ 451,000
Carroll County New Hampshire 1 $ 1,505,000 $ 1,505,000 $ 670,000
Hillsborough County New Hampshire 1 $ 205,000 $ 205,000 $ 148,000
Merrimack County New Hampshire 1 $ 405,000 $ 405,000 $ 105,000
Sullivan County New Hampshire 1 $ 225,000 $ 225,000 $ 84,000
Fulton County New York 1 $ 325,000 $ 325,000 $ 240,000
Hamilton County New York 1 $ 65,000 $ 65,000 $ 161,000
Ontario County New York 1 $ 1,965,000 $ 1,965,000 $ 0
Saratoga County New York 1 $ 245,000 $ 245,000 $ 78,000
Schenectady County New York 1 $ 6,355,000 $ 6,355,000 $ 0
Schuyler County New York 1 $ 1,405,000 $ 1,405,000 $ 2,296,000
St. Lawrence County New York 1 $ 485,000 $ 485,000 $ 917,000
Steuben County New York 1 $ 65,000 $ 65,000 $ 173,000
Wayne County New York 1 $ 185,000 $ 185,000 $ 47,000
Dare County North Carolina 1 $ 565,000 $ 565,000 $ 168,000
Macon County North Carolina 1 $ 1,435,000 $ 1,435,000 $ 1,701,000
Orange County North Carolina 1 $ 3,365,000 $ 3,365,000 $ 743,000
Rutherford County North Carolina 1 $ 205,000 $ 205,000 $ 204,000
Union County North Carolina 1 $ 85,000 $ 85,000 $ 65,000
Watauga County North Carolina 1 $ 675,000 $ 675,000 $ 196,000
Athens County Ohio 1 $ 25,605,000 $ 25,605,000 $ 0
Franklin County Ohio 1 $ 225,000 $ 225,000 $ 139,000
Adams County Pennsylvania 1 $ 2,625,000 $ 2,625,000 $ 0
Berks County Pennsylvania 1 $ 205,000 $ 205,000 $ 96,000
Dauphin County Pennsylvania 1 $ 61,005,000 $ 61,005,000 $ 0
Luzerne County Pennsylvania 1 $ 55,000 $ 55,000 $ 60,000
McKean County Pennsylvania 1 $ 125,000 $ 125,000 $ 78,000
Dorchester County South Carolina 1 $ 235,000 $ 235,000 $ 133,000
Jasper County South Carolina 1 $ 365,000 $ 365,000 $ 194,000
Davidson County Tennessee 1 $ 19,015,000 $ 19,015,000 $ 0
Jefferson County Tennessee 1 $ 305,000 $ 305,000 $ 446,000
Smith County Tennessee 1 $ 375,000 $ 375,000 $ 118,000
Williamson County Tennessee 1 $ 2,955,000 $ 2,955,000 $ 2,905,000
Harris County Texas 1 $ 1,325,000 $ 1,325,000 $ 2,336,000
Kerr County Texas 1 $ 235,000 $ 235,000 $ 48,000
Montgomery County Texas 1 $ 305,000 $ 305,000 $ 194,000
Travis County Texas 1 $ 635,000 $ 635,000 $ 295,000
Williamson County Texas 1 $ 355,000 $ 355,000 $ 0
Summit County Utah 1 $ 485,000 $ 485,000 $ 0
Accomack County Virginia 1 $ 345,000 $ 345,000 $ 130,000
Loudoun County Virginia 1 $ 575,000 $ 575,000 $ 132,000
King County Washington 1 $ 405,000 $ 405,000 $ 105,000
Whatcom County Washington 1 $ 865,000 $ 865,000 $ 212,000
Upshur County West Virginia 1 $ 15,000 $ 15,000 $ 92,000

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 2022

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 3,243 $2,537,075,000 $782,000 $60,005,000 $267,000 $8,990,000
Cash-out Refinancing 2,108 $2,007,175,000 $952,000 $61,005,000 $244,000 $6,624,000
Home Improvement 1,801 $289,025,000 $160,000 $6,005,000 $210,000 $5,475,000
Other Purpose 783 $623,035,000 $795,000 $70,005,000 $326,000 $4,827,000
Refinancing 644 $422,190,000 $655,000 $28,005,000 $239,000 $2,893,000
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 5,120 $2,120,870,000 $414,000 $10,005,000 $279,000 $8,990,000
Hispanic 1,036 $320,560,000 $309,000 $3,505,000 $159,000 $2,052,000
Not Provided 817 $356,505,000 $436,000 $11,505,000 $292,000 $8,900,000
Asian 640 $315,530,000 $493,000 $8,005,000 $264,000 $3,568,000
Not applicable 500 $2,624,005,000 $5,258,000 $70,005,000 $74,000 $284,000
Black or African American 413 $122,945,000 $297,000 $2,005,000 $142,000 $1,205,000
American Indian or Alaskan Native 15 $4,475,000 $298,000 $845,000 $150,000 $379,000
Native Hawaiian or Other Pacific Islander 2 $1,330,000 $665,000 $1,125,000 $204,000 $307,000

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) 8,447 $5,827,270,000 $689,000 $70,005,000 $255,000 $8,990,000
FHA-insured (Federal Housing Administration) 112 $45,320,000 $404,000 $965,000 $114,000 $418,000
VA-guaranteed (Veterans Administration) 14 $4,760,000 $340,000 $555,000 $104,000 $177,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $1,150,000 $191,000 $255,000 $79,000 $135,000

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 5,649 $4,643,640,000 $822,000 $70,005,000 $263,000 $5,095,000
Application Withdrawn By Applicant 1,657 $786,285,000 $474,000 $60,005,000 $264,000 $8,900,000
Application Denied By Financial Institution 688 $207,690,000 $301,000 $4,005,000 $168,000 $5,475,000
Application Approved But Not Accepted 345 $169,715,000 $491,000 $26,505,000 $275,000 $3,191,000
Loan Purchased By The Institution 181 $41,165,000 $227,000 $465,000 $74,000 $325,000
File Closed For Incompleteness 58 $29,240,000 $504,000 $3,505,000 $397,000 $8,990,000
Preapproval Approved but not Accepted 1 $765,000 $765,000 $765,000 $274,000 $274,000
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 7,891 $5,670,810,000 $718,000 $70,005,000 $260,000 $8,990,000
Debt-To-Income Ratio 374 $120,510,000 $322,000 $4,005,000 $102,000 $684,000
Collateral 120 $37,300,000 $310,000 $3,205,000 $315,000 $5,475,000
Credit History 89 $15,865,000 $178,000 $1,335,000 $198,000 $3,600,000
Other 53 $15,565,000 $293,000 $1,005,000 $244,000 $2,283,000
Credit Application Incomplete 40 $14,610,000 $365,000 $2,485,000 $172,000 $580,000
Employment History 6 $1,860,000 $310,000 $765,000 $99,000 $217,000
Insufficient Cash (Downpayment, Closing Cost) 5 $1,895,000 $379,000 $935,000 $133,000 $254,000
Unverifiable Information 1 $85,000 $85,000 $85,000 $164,000 $164,000
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.

Download the New Jersey Lender List