Valley National Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2006
Valley National Bank 2006 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Valley National Bank 1460 Valley Road Wayne, NJ 07470 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,741 |
| Total Mortgage Loan Application Amount | $425,008,000 |
| Average Mortgage Loan Application Amount | $264,666 |
| Highest Mortgage Loan Application Amount | $9,700,000 |
| Average Applicant Income | $149,666 |
| Highest Applicant Income | $3,120,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2006 with Valley National Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Valley National Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2006 breaks down Valley National Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Valley National Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Valley National Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Valley National Bank's mortgage activity for 2006.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Morris County New Jersey | 240 | $ 49,933,000 | $ 208,000 | $ 143,000 |
| Passaic County New Jersey | 240 | $ 37,070,000 | $ 154,000 | $ 103,000 |
| Bergen County New Jersey | 228 | $ 63,213,000 | $ 277,000 | $ 175,000 |
| Essex County New Jersey | 186 | $ 39,033,000 | $ 209,000 | $ 166,000 |
| Monmouth County New Jersey | 132 | $ 32,719,000 | $ 247,000 | $ 154,000 |
| Sussex County New Jersey | 94 | $ 12,837,000 | $ 136,000 | $ 95,000 |
| Hudson County New Jersey | 76 | $ 21,386,000 | $ 281,000 | $ 110,000 |
| Middlesex County New Jersey | 68 | $ 12,456,000 | $ 183,000 | $ 105,000 |
| Ocean County New Jersey | 46 | $ 13,730,000 | $ 298,000 | $ 210,000 |
| Somerset County New Jersey | 46 | $ 11,538,000 | $ 250,000 | $ 117,000 |
| Union County New Jersey | 44 | $ 9,921,000 | $ 225,000 | $ 118,000 |
| Warren County New Jersey | 41 | $ 3,912,000 | $ 95,000 | $ 88,000 |
| New York County New York | 32 | $ 39,628,000 | $ 1,238,000 | $ 417,000 |
| Duval County Florida | 25 | $ 7,777,000 | $ 311,000 | $ 167,000 |
| Westchester County New York | 17 | $ 4,746,000 | $ 279,000 | $ 138,000 |
| Hunterdon County New Jersey | 11 | $ 2,866,000 | $ 260,000 | $ 132,000 |
| Suffolk County New York | 11 | $ 4,181,000 | $ 380,000 | $ 196,000 |
| Bucks County Pennsylvania | 11 | $ 3,115,000 | $ 283,000 | $ 127,000 |
| Mercer County New Jersey | 10 | $ 2,015,000 | $ 201,000 | $ 121,000 |
| Philadelphia County Pennsylvania | 10 | $ 3,561,000 | $ 356,000 | $ 212,000 |
| Queens County New York | 9 | $ 3,247,000 | $ 360,000 | $ 138,000 |
| Rockland County New York | 8 | $ 1,129,000 | $ 141,000 | $ 92,000 |
| Palm Beach County Florida | 7 | $ 3,498,000 | $ 499,000 | $ 253,000 |
| Atlantic County New Jersey | 7 | $ 1,599,000 | $ 228,000 | $ 168,000 |
| Monroe County Pennsylvania | 7 | $ 1,256,000 | $ 179,000 | $ 105,000 |
| St. Johns County Florida | 6 | $ 1,791,000 | $ 298,000 | $ 219,000 |
| Nassau County New York | 6 | $ 2,070,000 | $ 345,000 | $ 119,000 |
| Richmond County New York | 6 | $ 1,603,000 | $ 267,000 | $ 90,000 |
| Montgomery County Pennsylvania | 6 | $ 1,391,000 | $ 231,000 | $ 103,000 |
| Miami-Dade County Florida | 5 | $ 1,080,000 | $ 216,000 | $ 183,000 |
| Burlington County New Jersey | 5 | $ 1,514,000 | $ 302,000 | $ 105,000 |
| Kings County New York | 5 | $ 3,267,000 | $ 653,000 | $ 217,000 |
| Clay County Florida | 4 | $ 1,485,000 | $ 371,000 | $ 117,000 |
| Orange County Florida | 4 | $ 973,000 | $ 243,000 | $ 159,000 |
| Camden County New Jersey | 4 | $ 274,000 | $ 68,000 | $ 86,000 |
| Fairfield County Connecticut | 3 | $ 1,232,000 | $ 410,000 | $ 198,000 |
| Hartford County Connecticut | 3 | $ 1,116,000 | $ 372,000 | $ 159,000 |
| Cape May County New Jersey | 3 | $ 1,125,000 | $ 375,000 | $ 321,000 |
| Northampton County Pennsylvania | 3 | $ 350,000 | $ 116,000 | $ 112,000 |
| Putnam County Florida | 2 | $ 295,000 | $ 147,000 | $ 115,000 |
| Gloucester County New Jersey | 2 | $ 383,000 | $ 191,000 | $ 110,000 |
| Orange County New York | 2 | $ 760,000 | $ 380,000 | $ 202,000 |
| Putnam County New York | 2 | $ 723,000 | $ 361,000 | $ 99,000 |
| Ulster County New York | 2 | $ 684,000 | $ 342,000 | $ 147,000 |
| Moore County North Carolina | 2 | $ 480,000 | $ 240,000 | $ 157,000 |
| Lackawanna County Pennsylvania | 2 | $ 520,000 | $ 260,000 | $ 187,000 |
| Dorchester County South Carolina | 2 | $ 645,000 | $ 322,000 | $ 148,000 |
| Maricopa County Arizona | 1 | $ 514,000 | $ 514,000 | $ 284,000 |
| Douglas County Colorado | 1 | $ 550,000 | $ 550,000 | $ 194,000 |
| New Haven County Connecticut | 1 | $ 200,000 | $ 200,000 | $ 999,000 |
| New Castle County Delaware | 1 | $ 225,000 | $ 225,000 | $ 95,000 |
| Bay County Florida | 1 | $ 231,000 | $ 231,000 | $ 332,000 |
| Brevard County Florida | 1 | $ 198,000 | $ 198,000 | $ 119,000 |
| Broward County Florida | 1 | $ 40,000 | $ 40,000 | $ 48,000 |
| Hillsborough County Florida | 1 | $ 500,000 | $ 500,000 | $ 223,000 |
| Indian River County Florida | 1 | $ 300,000 | $ 300,000 | $ 283,000 |
| Pasco County Florida | 1 | $ 200,000 | $ 200,000 | $ 126,000 |
| Pinellas County Florida | 1 | $ 150,000 | $ 150,000 | $ 151,000 |
| Seminole County Florida | 1 | $ 376,000 | $ 376,000 | $ 360,000 |
| St. Lucie County Florida | 1 | $ 270,000 | $ 270,000 | $ 173,000 |
| Sumter County Florida | 1 | $ 170,000 | $ 170,000 | $ 103,000 |
| Volusia County Florida | 1 | $ 600,000 | $ 600,000 | $ 427,000 |
| Douglas County Georgia | 1 | $ 142,000 | $ 142,000 | $ 49,000 |
| Glynn County Georgia | 1 | $ 514,000 | $ 514,000 | $ 639,000 |
| Bristol County Massachusetts | 1 | $ 80,000 | $ 80,000 | $ 35,000 |
| Essex County Massachusetts | 1 | $ 670,000 | $ 670,000 | $ 148,000 |
| Salem County New Jersey | 1 | $ 230,000 | $ 230,000 | $ 74,000 |
| Albany County New York | 1 | $ 138,000 | $ 138,000 | $ 50,000 |
| Columbia County New York | 1 | $ 140,000 | $ 140,000 | $ 54,000 |
| Delaware County New York | 1 | $ 200,000 | $ 200,000 | $ 195,000 |
| Dutchess County New York | 1 | $ 230,000 | $ 230,000 | $ 46,000 |
| Herkimer County New York | 1 | $ 116,000 | $ 116,000 | $ 115,000 |
| Montgomery County New York | 1 | $ 230,000 | $ 230,000 | $ 230,000 |
| Oneida County New York | 1 | $ 35,000 | $ 35,000 | $ 68,000 |
| St. Lawrence County New York | 1 | $ 125,000 | $ 125,000 | $ 154,000 |
| Warren County New York | 1 | $ 522,000 | $ 522,000 | $ 275,000 |
| Buncombe County North Carolina | 1 | $ 300,000 | $ 300,000 | $ 422,000 |
| Mecklenburg County North Carolina | 1 | $ 150,000 | $ 150,000 | $ 49,000 |
| Nash County North Carolina | 1 | $ 240,000 | $ 240,000 | $ 81,000 |
| Union County North Carolina | 1 | $ 126,000 | $ 126,000 | $ 27,000 |
| Berks County Pennsylvania | 1 | $ 122,000 | $ 122,000 | $ 69,000 |
| Cumberland County Pennsylvania | 1 | $ 160,000 | $ 160,000 | $ 92,000 |
| Dauphin County Pennsylvania | 1 | $ 30,000 | $ 30,000 | $ 100,000 |
| Delaware County Pennsylvania | 1 | $ 56,000 | $ 56,000 | $ 76,000 |
| Franklin County Pennsylvania | 1 | $ 205,000 | $ 205,000 | $ 54,000 |
| Lehigh County Pennsylvania | 1 | $ 80,000 | $ 80,000 | $ 62,000 |
| Pike County Pennsylvania | 1 | $ 40,000 | $ 40,000 | $ 63,000 |
| Wayne County Pennsylvania | 1 | $ 108,000 | $ 108,000 | $ 70,000 |
| York County Pennsylvania | 1 | $ 50,000 | $ 50,000 | $ 67,000 |
| Horry County South Carolina | 1 | $ 100,000 | $ 100,000 | $ 110,000 |
| Bennington County Vermont | 1 | $ 750,000 | $ 750,000 | $ 699,000 |
| Loudoun County Virginia | 1 | $ 235,000 | $ 235,000 | $ 103,000 |
| Spotsylvania County Virginia | 1 | $ 151,000 | $ 151,000 | $ 136,000 |
| Teton County Wyoming | 1 | $ 1,400,000 | $ 1,400,000 | $ 1,861,000 |
Mortgage Loan Application Detail Totals for Valley National Bank in 2006
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 Improvement | 702 | $40,165,000 | $57,000 | $500,000 | $106,000 | $2,245,000 |
| Home Purchase | 582 | $222,432,000 | $382,000 | $9,700,000 | $197,000 | $3,120,000 |
| Refinancing | 457 | $162,411,000 | $355,000 | $3,600,000 | $146,000 | $1,861,000 |
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 | 1,286 | $286,200,000 | $222,000 | $2,600,000 | $149,000 | $2,433,000 |
| Not Provided | 129 | $37,339,000 | $289,000 | $3,500,000 | $214,000 | $3,120,000 |
| Hispanic | 116 | $20,801,000 | $179,000 | $825,000 | $102,000 | $935,000 |
| Asian | 112 | $26,128,000 | $233,000 | $675,000 | $129,000 | $1,408,000 |
| Black or African American | 51 | $9,163,000 | $179,000 | $704,000 | $86,000 | $223,000 |
| Not applicable | 37 | $42,013,000 | $1,135,000 | $9,700,000 | $97,000 | $999,000 |
| American Indian or Alaskan Native | 7 | $2,444,000 | $349,000 | $975,000 | $222,000 | $999,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $920,000 | $306,000 | $470,000 | $227,000 | $393,000 |
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) | 1,741 | $425,008,000 | $244,000 | $9,700,000 | $147,000 | $3,120,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 1,247 | $263,957,000 | $211,000 | $2,600,000 | $151,000 | $2,433,000 |
| Loan Purchased By The Institution | 155 | $54,951,000 | $354,000 | $900,000 | $164,000 | $917,000 |
| Application Denied By Financial Institution | 121 | $19,041,000 | $157,000 | $999,000 | $83,000 | $460,000 |
| Application Withdrawn By Applicant | 115 | $63,956,000 | $556,000 | $9,700,000 | $152,000 | $3,120,000 |
| Application Approved But Not Accepted | 94 | $20,421,000 | $217,000 | $1,642,000 | $142,000 | $1,649,000 |
| Preapproval Approved but not Accepted | 9 | $2,682,000 | $298,000 | $395,000 | $168,000 | $371,000 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 53 | $9,573,000 | $180,000 | $600,000 | $67,000 | $460,000 |
| Credit History | 24 | $2,761,000 | $115,000 | $420,000 | $75,000 | $183,000 |
| Collateral | 20 | $3,559,000 | $177,000 | $999,000 | $99,000 | $268,000 |
| Credit Application Incomplete | 12 | $1,405,000 | $117,000 | $375,000 | $128,000 | $420,000 |
| Other | 11 | $1,443,000 | $131,000 | $298,000 | $97,000 | $142,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $300,000 | $300,000 | $300,000 | $163,000 | $163,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Valley National Bank's 2006 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Valley National Bank's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in New Jersey, download the full spreadsheet
with aggregated HMDA statistics today.