Valley National Bank
Mortgage Loan Application
Totals and Details
for 2023
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 2003-2023.
| Mortgage Company & Address | Valley National Bank 1460 Valley Road Passaic, NJ 07470 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 4,800 |
| Total Mortgage Loan Application Amount | $3,474,840,000 |
| Average Mortgage Loan Application Amount | $1,324,600 |
| Highest Mortgage Loan Application Amount | $85,005,000 |
| Average Applicant Income | $254,000 |
| Highest Applicant Income | $7,904,000 |
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 | 428 | $ 177,980,000 | $ 415,000 | $ 269,000 |
| Passaic County New Jersey | 303 | $ 67,295,000 | $ 222,000 | $ 196,000 |
| Essex County New Jersey | 270 | $ 134,200,000 | $ 497,000 | $ 174,000 |
| Morris County New Jersey | 270 | $ 92,950,000 | $ 344,000 | $ 204,000 |
| Suffolk County New York | 237 | $ 109,485,000 | $ 461,000 | $ 269,000 |
| Hillsborough County Florida | 191 | $ 129,345,000 | $ 677,000 | $ 352,000 |
| Monmouth County New Jersey | 186 | $ 57,180,000 | $ 307,000 | $ 245,000 |
| Nassau County New York | 175 | $ 78,985,000 | $ 451,000 | $ 248,000 |
| Palm Beach County Florida | 155 | $ 61,505,000 | $ 396,000 | $ 350,000 |
| Hudson County New Jersey | 149 | $ 80,985,000 | $ 543,000 | $ 194,000 |
| Pinellas County Florida | 144 | $ 69,180,000 | $ 480,000 | $ 336,000 |
| Broward County Florida | 142 | $ 120,120,000 | $ 845,000 | $ 183,000 |
| Kings County New York | 138 | $ 436,370,000 | $ 3,162,000 | $ 266,000 |
| Middlesex County New Jersey | 129 | $ 42,025,000 | $ 325,000 | $ 151,000 |
| Union County New Jersey | 111 | $ 35,225,000 | $ 317,000 | $ 190,000 |
| Queens County New York | 110 | $ 41,170,000 | $ 374,000 | $ 165,000 |
| Miami-Dade County Florida | 108 | $ 146,430,000 | $ 1,355,000 | $ 409,000 |
| Ocean County New Jersey | 101 | $ 43,455,000 | $ 430,000 | $ 317,000 |
| Collier County Florida | 83 | $ 35,085,000 | $ 422,000 | $ 322,000 |
| Orange County New York | 69 | $ 21,205,000 | $ 307,000 | $ 229,000 |
| Cape May County New Jersey | 64 | $ 50,640,000 | $ 791,000 | $ 628,000 |
| Brevard County Florida | 62 | $ 33,760,000 | $ 544,000 | $ 149,000 |
| Somerset County New Jersey | 62 | $ 12,020,000 | $ 193,000 | $ 159,000 |
| Sussex County New Jersey | 62 | $ 11,440,000 | $ 184,000 | $ 144,000 |
| Orange County Florida | 58 | $ 99,570,000 | $ 1,716,000 | $ 286,000 |
| Westchester County New York | 57 | $ 35,525,000 | $ 623,000 | $ 258,000 |
| Dutchess County New York | 49 | $ 15,505,000 | $ 316,000 | $ 163,000 |
| Lee County Florida | 46 | $ 27,220,000 | $ 591,000 | $ 269,000 |
| Warren County New Jersey | 42 | $ 26,920,000 | $ 640,000 | $ 128,000 |
| New York County New York | 33 | $ 32,885,000 | $ 996,000 | $ 582,000 |
| Polk County Florida | 31 | $ 7,905,000 | $ 255,000 | $ 144,000 |
| St. Johns County Florida | 31 | $ 5,795,000 | $ 186,000 | $ 177,000 |
| Rockland County New York | 30 | $ 10,150,000 | $ 338,000 | $ 320,000 |
| Ulster County New York | 28 | $ 8,530,000 | $ 304,000 | $ 170,000 |
| Sarasota County Florida | 25 | $ 9,475,000 | $ 379,000 | $ 701,000 |
| Pasco County Florida | 24 | $ 7,450,000 | $ 310,000 | $ 216,000 |
| Richmond County New York | 22 | $ 5,340,000 | $ 242,000 | $ 204,000 |
| Seminole County Florida | 21 | $ 10,185,000 | $ 485,000 | $ 135,000 |
| Hunterdon County New Jersey | 21 | $ 50,385,000 | $ 2,399,000 | $ 366,000 |
| Atlantic County New Jersey | 19 | $ 10,605,000 | $ 558,000 | $ 294,000 |
| Montgomery County Alabama | 18 | $ 1,710,000 | $ 95,000 | $ 95,000 |
| Manatee County Florida | 18 | $ 11,150,000 | $ 619,000 | $ 487,000 |
| Duval County Florida | 15 | $ 3,965,000 | $ 264,000 | $ 204,000 |
| Volusia County Florida | 15 | $ 5,125,000 | $ 341,000 | $ 657,000 |
| Mercer County New Jersey | 15 | $ 68,575,000 | $ 4,571,000 | $ 214,000 |
| Tallapoosa County Alabama | 14 | $ 2,150,000 | $ 153,000 | $ 226,000 |
| Putnam County New York | 14 | $ 3,710,000 | $ 265,000 | $ 265,000 |
| Sullivan County New York | 14 | $ 5,040,000 | $ 360,000 | $ 686,000 |
| Jefferson County Alabama | 13 | $ 72,765,000 | $ 5,597,000 | $ 125,000 |
| Lee County Alabama | 13 | $ 3,145,000 | $ 241,000 | $ 87,000 |
| St. Clair County Alabama | 13 | $ 1,595,000 | $ 122,000 | $ 109,000 |
| Bronx County New York | 13 | $ 57,625,000 | $ 4,432,000 | $ 158,000 |
| Shelby County Alabama | 12 | $ 2,960,000 | $ 246,000 | $ 136,000 |
| Monroe County Pennsylvania | 12 | $ 2,340,000 | $ 195,000 | $ 179,000 |
| Flagler County Florida | 11 | $ 2,085,000 | $ 189,000 | $ 104,000 |
| Fairfield County Connecticut | 10 | $ 74,800,000 | $ 7,480,000 | $ 353,000 |
| Burlington County New Jersey | 10 | $ 54,230,000 | $ 5,423,000 | $ 184,000 |
| New Castle County Delaware | 9 | $ 82,515,000 | $ 9,168,000 | $ 273,000 |
| Bucks County Pennsylvania | 9 | $ 2,905,000 | $ 322,000 | $ 155,000 |
| Northampton County Pennsylvania | 9 | $ 915,000 | $ 101,000 | $ 129,000 |
| Lake County Florida | 8 | $ 1,390,000 | $ 173,000 | $ 106,000 |
| Philadelphia County Pennsylvania | 8 | $ 204,000,000 | $ 25,500,000 | $ 3,696,000 |
| Pike County Pennsylvania | 8 | $ 1,840,000 | $ 230,000 | $ 102,000 |
| Elmore County Alabama | 7 | $ 645,000 | $ 92,000 | $ 57,000 |
| Los Angeles County California | 7 | $ 21,365,000 | $ 3,052,000 | $ 663,000 |
| Charlotte County Florida | 7 | $ 3,215,000 | $ 459,000 | $ 235,000 |
| Indian River County Florida | 7 | $ 1,735,000 | $ 247,000 | $ 169,000 |
| Camden County New Jersey | 7 | $ 16,045,000 | $ 2,292,000 | $ 85,000 |
| Greene County New York | 7 | $ 3,035,000 | $ 433,000 | $ 460,000 |
| St. Lucie County Florida | 6 | $ 1,580,000 | $ 263,000 | $ 112,000 |
| New Haven County Connecticut | 5 | $ 2,595,000 | $ 519,000 | $ 131,000 |
| Montgomery County Pennsylvania | 5 | $ 1,245,000 | $ 249,000 | $ 240,000 |
| Cullman County Alabama | 4 | $ 770,000 | $ 192,000 | $ 97,000 |
| Hernando County Florida | 4 | $ 41,130,000 | $ 10,282,000 | $ 195,000 |
| Cook County Illinois | 4 | $ 22,070,000 | $ 5,517,000 | $ 3,144,000 |
| Monroe County New York | 4 | $ 590,000 | $ 147,000 | $ 126,000 |
| Delaware County Pennsylvania | 4 | $ 1,100,000 | $ 275,000 | $ 219,000 |
| Talladega County Alabama | 3 | $ 205,000 | $ 68,000 | $ 94,000 |
| Sussex County Delaware | 3 | $ 1,125,000 | $ 375,000 | $ 233,000 |
| Citrus County Florida | 3 | $ 1,075,000 | $ 358,000 | $ 195,000 |
| Leon County Florida | 3 | $ 17,165,000 | $ 5,721,000 | $ 1,654,000 |
| Martin County Florida | 3 | $ 2,485,000 | $ 828,000 | $ 493,000 |
| Fannin County Georgia | 3 | $ 1,595,000 | $ 531,000 | $ 567,000 |
| Fulton County Georgia | 3 | $ 5,775,000 | $ 1,925,000 | $ 243,000 |
| Mecklenburg County North Carolina | 3 | $ 1,255,000 | $ 418,000 | $ 295,000 |
| Calhoun County Alabama | 2 | $ 290,000 | $ 145,000 | $ 87,000 |
| Contra Costa County California | 2 | $ 1,010,000 | $ 505,000 | $ 741,000 |
| Tulare County California | 2 | $ 580,000 | $ 290,000 | $ 54,000 |
| Litchfield County Connecticut | 2 | $ 860,000 | $ 430,000 | $ 422,000 |
| District of Columbia County District Of Columbia | 2 | $ 470,000 | $ 235,000 | $ 411,000 |
| Alachua County Florida | 2 | $ 560,000 | $ 280,000 | $ 110,000 |
| Highlands County Florida | 2 | $ 500,000 | $ 250,000 | $ 140,000 |
| Okaloosa County Florida | 2 | $ 30,000 | $ 15,000 | $ 68,000 |
| Sumter County Florida | 2 | $ 940,000 | $ 470,000 | $ 176,000 |
| DeKalb County Georgia | 2 | $ 130,000 | $ 65,000 | $ 117,000 |
| Oldham County Kentucky | 2 | $ 4,050,000 | $ 2,025,000 | $ 543,000 |
| Jefferson County Louisiana | 2 | $ 180,000 | $ 90,000 | $ 340,000 |
| Montgomery County Maryland | 2 | $ 2,970,000 | $ 1,485,000 | $ 827,000 |
| Middlesex County Massachusetts | 2 | $ 960,000 | $ 480,000 | $ 1,062,000 |
| Gloucester County New Jersey | 2 | $ 4,970,000 | $ 2,485,000 | $ 54,000 |
| Delaware County New York | 2 | $ 410,000 | $ 205,000 | $ 187,000 |
| Brunswick County North Carolina | 2 | $ 870,000 | $ 435,000 | $ 148,000 |
| Dare County North Carolina | 2 | $ 910,000 | $ 455,000 | $ 257,000 |
| Jackson County North Carolina | 2 | $ 760,000 | $ 380,000 | $ 407,000 |
| Cumberland County Pennsylvania | 2 | $ 1,800,000 | $ 900,000 | $ 719,000 |
| Lancaster County Pennsylvania | 2 | $ 43,060,000 | $ 21,530,000 | $ 0 |
| Pickens County South Carolina | 2 | $ 31,510,000 | $ 15,755,000 | $ 0 |
| Hays County Texas | 2 | $ 23,980,000 | $ 11,990,000 | $ 99,000 |
| Hidalgo County Texas | 2 | $ 400,000 | $ 200,000 | $ 280,000 |
| Blount County Alabama | 1 | $ 175,000 | $ 175,000 | $ 61,000 |
| Chambers County Alabama | 1 | $ 85,000 | $ 85,000 | $ 67,000 |
| Chilton County Alabama | 1 | $ 55,000 | $ 55,000 | $ 183,000 |
| Coosa County Alabama | 1 | $ 75,000 | $ 75,000 | $ 72,000 |
| Mobile County Alabama | 1 | $ 95,000 | $ 95,000 | $ 162,000 |
| Pima County Arizona | 1 | $ 175,000 | $ 175,000 | $ 84,000 |
| Yuma County Arizona | 1 | $ 95,000 | $ 95,000 | $ 83,000 |
| Santa Clara County California | 1 | $ 135,000 | $ 135,000 | $ 250,000 |
| Douglas County Colorado | 1 | $ 405,000 | $ 405,000 | $ 125,000 |
| El Paso County Colorado | 1 | $ 455,000 | $ 455,000 | $ 103,000 |
| Ouray County Colorado | 1 | $ 655,000 | $ 655,000 | $ 254,000 |
| Park County Colorado | 1 | $ 305,000 | $ 305,000 | $ 328,000 |
| Routt County Colorado | 1 | $ 1,305,000 | $ 1,305,000 | $ 4,832,000 |
| Summit County Colorado | 1 | $ 725,000 | $ 725,000 | $ 313,000 |
| New London County Connecticut | 1 | $ 105,000 | $ 105,000 | $ 299,000 |
| Bay County Florida | 1 | $ 2,005,000 | $ 2,005,000 | $ 660,000 |
| Dixie County Florida | 1 | $ 215,000 | $ 215,000 | $ 194,000 |
| Escambia County Florida | 1 | $ 10,785,000 | $ 10,785,000 | $ 0 |
| Gilchrist County Florida | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Hardee County Florida | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Marion County Florida | 1 | $ 315,000 | $ 315,000 | $ 191,000 |
| Monroe County Florida | 1 | $ 425,000 | $ 425,000 | $ 372,000 |
| Nassau County Florida | 1 | $ 365,000 | $ 365,000 | $ 296,000 |
| Okeechobee County Florida | 1 | $ 2,505,000 | $ 2,505,000 | $ 0 |
| Osceola County Florida | 1 | $ 125,000 | $ 125,000 | $ 38,000 |
| Putnam County Florida | 1 | $ 45,000 | $ 45,000 | $ 23,000 |
| Santa Rosa County Florida | 1 | $ 245,000 | $ 245,000 | $ 120,000 |
| Taylor County Florida | 1 | $ 265,000 | $ 265,000 | $ 194,000 |
| Dawson County Georgia | 1 | $ 705,000 | $ 705,000 | $ 387,000 |
| Gilmer County Georgia | 1 | $ 385,000 | $ 385,000 | $ 270,000 |
| Harris County Georgia | 1 | $ 195,000 | $ 195,000 | $ 75,000 |
| Oconee County Georgia | 1 | $ 405,000 | $ 405,000 | $ 122,000 |
| Richmond County Georgia | 1 | $ 765,000 | $ 765,000 | $ 0 |
| Peoria County Illinois | 1 | $ 2,055,000 | $ 2,055,000 | $ 0 |
| Hamilton County Indiana | 1 | $ 365,000 | $ 365,000 | $ 80,000 |
| Campbell County Kentucky | 1 | $ 725,000 | $ 725,000 | $ 321,000 |
| Warren County Kentucky | 1 | $ 265,000 | $ 265,000 | $ 96,000 |
| Orleans County Louisiana | 1 | $ 355,000 | $ 355,000 | $ 390,000 |
| Anne Arundel County Maryland | 1 | $ 515,000 | $ 515,000 | $ 956,000 |
| Cecil County Maryland | 1 | $ 255,000 | $ 255,000 | $ 158,000 |
| Hampshire County Massachusetts | 1 | $ 705,000 | $ 705,000 | $ 1,211,000 |
| Nantucket County Massachusetts | 1 | $ 2,505,000 | $ 2,505,000 | $ 3,085,000 |
| Jackson County Missouri | 1 | $ 75,000 | $ 75,000 | $ 82,000 |
| Park County Montana | 1 | $ 285,000 | $ 285,000 | $ 434,000 |
| Clark County Nevada | 1 | $ 105,000 | $ 105,000 | $ 268,000 |
| Cumberland County New Jersey | 1 | $ 7,075,000 | $ 7,075,000 | $ 0 |
| Albany County New York | 1 | $ 345,000 | $ 345,000 | $ 664,000 |
| Columbia County New York | 1 | $ 885,000 | $ 885,000 | $ 599,000 |
| Hamilton County New York | 1 | $ 235,000 | $ 235,000 | $ 118,000 |
| Orleans County New York | 1 | $ 75,000 | $ 75,000 | $ 42,000 |
| Saratoga County New York | 1 | $ 305,000 | $ 305,000 | $ 79,000 |
| Schenectady County New York | 1 | $ 285,000 | $ 285,000 | $ 74,000 |
| Schoharie County New York | 1 | $ 345,000 | $ 345,000 | $ 324,000 |
| St. Lawrence County New York | 1 | $ 385,000 | $ 385,000 | $ 410,000 |
| Buncombe County North Carolina | 1 | $ 1,225,000 | $ 1,225,000 | $ 1,184,000 |
| Gaston County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 86,000 |
| Guilford County North Carolina | 1 | $ 35,000 | $ 35,000 | $ 124,000 |
| Haywood County North Carolina | 1 | $ 905,000 | $ 905,000 | $ 879,000 |
| Iredell County North Carolina | 1 | $ 1,505,000 | $ 1,505,000 | $ 1,147,000 |
| Wake County North Carolina | 1 | $ 325,000 | $ 325,000 | $ 336,000 |
| Hamilton County Ohio | 1 | $ 145,000 | $ 145,000 | $ 120,000 |
| Berks County Pennsylvania | 1 | $ 445,000 | $ 445,000 | $ 218,000 |
| Chester County Pennsylvania | 1 | $ 315,000 | $ 315,000 | $ 96,000 |
| Lehigh County Pennsylvania | 1 | $ 355,000 | $ 355,000 | $ 95,000 |
| Susquehanna County Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 837,000 |
| Newport County Rhode Island | 1 | $ 1,195,000 | $ 1,195,000 | $ 786,000 |
| Charleston County South Carolina | 1 | $ 2,505,000 | $ 2,505,000 | $ 3,336,000 |
| Greenville County South Carolina | 1 | $ 125,000 | $ 125,000 | $ 97,000 |
| Horry County South Carolina | 1 | $ 265,000 | $ 265,000 | $ 175,000 |
| Claiborne County Tennessee | 1 | $ 265,000 | $ 265,000 | $ 99,000 |
| Greene County Tennessee | 1 | $ 475,000 | $ 475,000 | $ 121,000 |
| Hamblen County Tennessee | 1 | $ 235,000 | $ 235,000 | $ 89,000 |
| Hamilton County Tennessee | 1 | $ 235,000 | $ 235,000 | $ 143,000 |
| Shelby County Tennessee | 1 | $ 22,825,000 | $ 22,825,000 | $ 0 |
| Washington County Tennessee | 1 | $ 3,405,000 | $ 3,405,000 | $ 0 |
| Williamson County Tennessee | 1 | $ 405,000 | $ 405,000 | $ 181,000 |
| Dallas County Texas | 1 | $ 155,000 | $ 155,000 | $ 192,000 |
| Parker County Texas | 1 | $ 2,005,000 | $ 2,005,000 | $ 3,580,000 |
| Chittenden County Vermont | 1 | $ 405,000 | $ 405,000 | $ 282,000 |
| Windham County Vermont | 1 | $ 1,405,000 | $ 1,405,000 | $ 1,695,000 |
| Whatcom County Washington | 1 | $ 865,000 | $ 865,000 | $ 270,000 |
| Monongalia County West Virginia | 1 | $ 45,000 | $ 45,000 | $ 52,000 |
| Winnebago County Wisconsin | 1 | $ 1,205,000 | $ 1,205,000 | $ 918,000 |
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 2023
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 | 1,750 | $1,191,660,000 | $680,000 | $42,505,000 | $274,000 | $5,845,000 |
| Home Improvement | 1,473 | $377,985,000 | $256,000 | $40,505,000 | $238,000 | $7,124,000 |
| Cash-out Refinancing | 790 | $832,890,000 | $1,054,000 | $60,005,000 | $242,000 | $5,400,000 |
| Other Purpose | 641 | $512,495,000 | $799,000 | $64,435,000 | $273,000 | $7,904,000 |
| Refinancing | 146 | $559,810,000 | $3,834,000 | $85,005,000 | $243,000 | $1,366,000 |
| 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 | 2,780 | $953,850,000 | $343,000 | $4,235,000 | $294,000 | $7,904,000 |
| Not Provided | 629 | $189,045,000 | $300,000 | $2,505,000 | $256,000 | $7,124,000 |
| Hispanic | 615 | $163,405,000 | $265,000 | $5,505,000 | $163,000 | $4,660,000 |
| Asian | 297 | $110,285,000 | $371,000 | $3,705,000 | $238,000 | $3,696,000 |
| Black or African American | 228 | $66,720,000 | $292,000 | $2,505,000 | $134,000 | $782,000 |
| Not applicable | 224 | $1,979,350,000 | $8,836,000 | $85,005,000 | $113,000 | $652,000 |
| American Indian or Alaskan Native | 5 | $1,525,000 | $305,000 | $425,000 | $144,000 | $248,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $565,000 | $565,000 | $565,000 | $146,000 | $146,000 |
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) | 4,699 | $3,434,735,000 | $730,000 | $85,005,000 | $260,000 | $7,904,000 |
| FHA-insured (Federal Housing Administration) | 83 | $33,515,000 | $403,000 | $1,025,000 | $119,000 | $281,000 |
| VA-guaranteed (Veterans Administration) | 17 | $6,455,000 | $379,000 | $645,000 | $120,000 | $194,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $135,000 | $135,000 | $135,000 | $49,000 | $49,000 |
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 | 3,009 | $2,900,055,000 | $963,000 | $85,005,000 | $279,000 | $7,904,000 |
| Application Denied By Financial Institution | 757 | $197,775,000 | $261,000 | $3,675,000 | $165,000 | $3,144,000 |
| Application Withdrawn By Applicant | 646 | $240,170,000 | $371,000 | $3,505,000 | $280,000 | $7,124,000 |
| Application Approved But Not Accepted | 231 | $94,735,000 | $410,000 | $15,505,000 | $283,000 | $5,845,000 |
| Loan Purchased By The Institution | 111 | $28,525,000 | $256,000 | $505,000 | $96,000 | $652,000 |
| File Closed For Incompleteness | 46 | $13,580,000 | $295,000 | $1,605,000 | $328,000 | $2,340,000 |
| 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 | 4,043 | $3,277,065,000 | $810,000 | $85,005,000 | $274,000 | $7,904,000 |
| Debt-To-Income Ratio | 495 | $135,955,000 | $274,000 | $3,675,000 | $123,000 | $985,000 |
| Collateral | 97 | $22,275,000 | $229,000 | $2,005,000 | $264,000 | $2,078,000 |
| Credit History | 79 | $13,555,000 | $171,000 | $1,025,000 | $237,000 | $3,144,000 |
| Other | 61 | $16,865,000 | $276,000 | $1,045,000 | $238,000 | $1,348,000 |
| Credit Application Incomplete | 17 | $7,145,000 | $420,000 | $2,625,000 | $229,000 | $660,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $850,000 | $212,000 | $265,000 | $169,000 | $260,000 |
| Employment History | 3 | $355,000 | $118,000 | $195,000 | $85,000 | $105,000 |
| Unverifiable Information | 1 | $775,000 | $775,000 | $775,000 | $0 | $0 |
| 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.