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.
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.
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.