Valley National Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2007
Valley National Bank 2007 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 | 2,107 |
| Total Mortgage Loan Application Amount | $549,250,000 |
| Average Mortgage Loan Application Amount | $252,666 |
| Highest Mortgage Loan Application Amount | $6,100,000 |
| Average Applicant Income | $135,666 |
| Highest Applicant Income | $9,999,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2007 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 2007 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 2007.
| 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 | 277 | $ 69,449,000 | $ 250,000 | $ 149,000 |
| Passaic County New Jersey | 254 | $ 47,033,000 | $ 185,000 | $ 101,000 |
| Morris County New Jersey | 211 | $ 49,927,000 | $ 236,000 | $ 132,000 |
| Essex County New Jersey | 210 | $ 43,018,000 | $ 204,000 | $ 145,000 |
| Monmouth County New Jersey | 126 | $ 32,898,000 | $ 261,000 | $ 195,000 |
| Sussex County New Jersey | 107 | $ 15,584,000 | $ 145,000 | $ 93,000 |
| Hudson County New Jersey | 73 | $ 14,883,000 | $ 203,000 | $ 107,000 |
| Middlesex County New Jersey | 66 | $ 12,176,000 | $ 184,000 | $ 97,000 |
| Union County New Jersey | 62 | $ 13,291,000 | $ 214,000 | $ 118,000 |
| Ocean County New Jersey | 53 | $ 19,578,000 | $ 369,000 | $ 167,000 |
| Warren County New Jersey | 46 | $ 5,202,000 | $ 113,000 | $ 111,000 |
| Somerset County New Jersey | 45 | $ 11,413,000 | $ 253,000 | $ 150,000 |
| New York County New York | 35 | $ 29,199,000 | $ 834,000 | $ 349,000 |
| Philadelphia County Pennsylvania | 26 | $ 8,542,000 | $ 328,000 | $ 130,000 |
| Nassau County New York | 24 | $ 11,262,000 | $ 469,000 | $ 126,000 |
| Virginia Beach County Virginia | 24 | $ 8,033,000 | $ 334,000 | $ 78,000 |
| Kings County New York | 22 | $ 10,559,000 | $ 479,000 | $ 91,000 |
| Westchester County New York | 22 | $ 8,712,000 | $ 396,000 | $ 233,000 |
| Loudoun County Virginia | 22 | $ 8,503,000 | $ 386,000 | $ 111,000 |
| Suffolk County New York | 19 | $ 8,258,000 | $ 434,000 | $ 165,000 |
| Anne Arundel County Maryland | 17 | $ 6,719,000 | $ 395,000 | $ 50,000 |
| Queens County New York | 16 | $ 4,653,000 | $ 290,000 | $ 50,000 |
| Fairfax County Virginia | 13 | $ 7,077,000 | $ 544,000 | $ 153,000 |
| Orange County New York | 12 | $ 3,493,000 | $ 291,000 | $ 110,000 |
| Duval County Florida | 11 | $ 2,409,000 | $ 219,000 | $ 963,000 |
| Montgomery County Maryland | 11 | $ 6,448,000 | $ 586,000 | $ 258,000 |
| Mercer County New Jersey | 11 | $ 4,747,000 | $ 431,000 | $ 181,000 |
| Baltimore County Maryland | 10 | $ 2,991,000 | $ 299,000 | $ 88,000 |
| Burlington County New Jersey | 10 | $ 2,705,000 | $ 270,000 | $ 85,000 |
| Hunterdon County New Jersey | 10 | $ 4,218,000 | $ 421,000 | $ 196,000 |
| Palm Beach County Florida | 9 | $ 4,983,000 | $ 553,000 | $ 164,000 |
| Pike County Pennsylvania | 9 | $ 1,280,000 | $ 142,000 | $ 118,000 |
| Chesterfield County Virginia | 8 | $ 1,821,000 | $ 227,000 | $ 76,000 |
| St. Johns County Florida | 7 | $ 3,396,000 | $ 485,000 | $ 312,000 |
| Richmond County New York | 7 | $ 1,904,000 | $ 272,000 | $ 51,000 |
| Monroe County Pennsylvania | 7 | $ 956,000 | $ 136,000 | $ 77,000 |
| Montgomery County Pennsylvania | 7 | $ 2,666,000 | $ 380,000 | $ 133,000 |
| Cape May County New Jersey | 6 | $ 2,274,000 | $ 379,000 | $ 152,000 |
| Chester County Pennsylvania | 6 | $ 2,398,000 | $ 399,000 | $ 139,000 |
| Delaware County Pennsylvania | 6 | $ 2,844,000 | $ 474,000 | $ 162,000 |
| Henrico County Virginia | 6 | $ 1,961,000 | $ 326,000 | $ 111,000 |
| Spotsylvania County Virginia | 6 | $ 1,139,000 | $ 189,000 | $ 137,000 |
| Prince George's County Maryland | 5 | $ 1,976,000 | $ 395,000 | $ 108,000 |
| Atlantic County New Jersey | 5 | $ 2,133,000 | $ 426,000 | $ 183,000 |
| Rockland County New York | 5 | $ 1,984,000 | $ 396,000 | $ 173,000 |
| Charleston County South Carolina | 5 | $ 1,325,000 | $ 265,000 | $ 114,000 |
| Prince William County Virginia | 5 | $ 2,401,000 | $ 480,000 | $ 26,000 |
| Frederick County Maryland | 4 | $ 978,000 | $ 244,000 | $ 36,000 |
| Gloucester County New Jersey | 4 | $ 1,095,000 | $ 273,000 | $ 70,000 |
| Bucks County Pennsylvania | 4 | $ 809,000 | $ 202,000 | $ 70,000 |
| Northampton County Pennsylvania | 4 | $ 581,000 | $ 145,000 | $ 35,000 |
| York County Pennsylvania | 4 | $ 415,000 | $ 103,000 | $ 89,000 |
| District of Columbia County District Of Columbia | 3 | $ 1,963,000 | $ 654,000 | $ 0 |
| Camden County New Jersey | 3 | $ 741,000 | $ 247,000 | $ 0 |
| Bronx County New York | 3 | $ 887,000 | $ 295,000 | $ 255,000 |
| Chesapeake County Virginia | 3 | $ 778,000 | $ 259,000 | $ 85,000 |
| Lynchburg County Virginia | 3 | $ 562,000 | $ 187,000 | $ 73,000 |
| Richmond City County Virginia | 3 | $ 830,000 | $ 276,000 | $ 141,000 |
| York County Virginia | 3 | $ 898,000 | $ 299,000 | $ 98,000 |
| Fairfield County Connecticut | 2 | $ 1,080,000 | $ 540,000 | $ 186,000 |
| Brevard County Florida | 2 | $ 270,000 | $ 135,000 | $ 241,000 |
| Broward County Florida | 2 | $ 350,000 | $ 175,000 | $ 143,000 |
| Miami-Dade County Florida | 2 | $ 591,000 | $ 295,000 | $ 168,000 |
| Osceola County Florida | 2 | $ 514,000 | $ 257,000 | $ 101,000 |
| Seminole County Florida | 2 | $ 373,000 | $ 186,000 | $ 123,000 |
| Baltimore City County Maryland | 2 | $ 300,000 | $ 150,000 | $ 126,000 |
| Harford County Maryland | 2 | $ 404,000 | $ 202,000 | $ 103,000 |
| Howard County Maryland | 2 | $ 973,000 | $ 486,000 | $ 59,000 |
| Cumberland County New Jersey | 2 | $ 210,000 | $ 105,000 | $ 86,000 |
| Delaware County New York | 2 | $ 335,000 | $ 167,000 | $ 359,000 |
| Dutchess County New York | 2 | $ 202,000 | $ 101,000 | $ 147,000 |
| Erie County New York | 2 | $ 305,000 | $ 152,000 | $ 103,000 |
| Sullivan County New York | 2 | $ 305,000 | $ 152,000 | $ 160,000 |
| Guilford County North Carolina | 2 | $ 336,000 | $ 168,000 | $ 36,000 |
| Wake County North Carolina | 2 | $ 525,000 | $ 262,000 | $ 127,000 |
| Dauphin County Pennsylvania | 2 | $ 162,000 | $ 81,000 | $ 97,000 |
| Lancaster County Pennsylvania | 2 | $ 125,000 | $ 62,000 | $ 83,000 |
| Wayne County Pennsylvania | 2 | $ 171,000 | $ 85,000 | $ 112,000 |
| Fauquier County Virginia | 2 | $ 516,000 | $ 258,000 | $ 0 |
| Frederick County Virginia | 2 | $ 507,000 | $ 253,000 | $ 58,000 |
| Norfolk County Virginia | 2 | $ 502,000 | $ 251,000 | $ 115,000 |
| Portsmouth County Virginia | 2 | $ 980,000 | $ 490,000 | $ 187,000 |
| Roanoke County Virginia | 2 | $ 526,000 | $ 263,000 | $ 93,000 |
| Gila County Arizona | 1 | $ 709,000 | $ 709,000 | $ 0 |
| Grand County Colorado | 1 | $ 500,000 | $ 500,000 | $ 315,000 |
| Litchfield County Connecticut | 1 | $ 225,000 | $ 225,000 | $ 163,000 |
| New Haven County Connecticut | 1 | $ 285,000 | $ 285,000 | $ 92,000 |
| New Castle County Delaware | 1 | $ 593,000 | $ 593,000 | $ 0 |
| Sussex County Delaware | 1 | $ 300,000 | $ 300,000 | $ 158,000 |
| Bay County Florida | 1 | $ 280,000 | $ 280,000 | $ 526,000 |
| Clay County Florida | 1 | $ 299,000 | $ 299,000 | $ 166,000 |
| Collier County Florida | 1 | $ 488,000 | $ 488,000 | $ 324,000 |
| Hillsborough County Florida | 1 | $ 250,000 | $ 250,000 | $ 93,000 |
| Indian River County Florida | 1 | $ 567,000 | $ 567,000 | $ 317,000 |
| Lee County Florida | 1 | $ 277,000 | $ 277,000 | $ 80,000 |
| Pinellas County Florida | 1 | $ 97,000 | $ 97,000 | $ 0 |
| Sarasota County Florida | 1 | $ 188,000 | $ 188,000 | $ 46,000 |
| Chatham County Georgia | 1 | $ 200,000 | $ 200,000 | $ 86,000 |
| Fulton County Georgia | 1 | $ 560,000 | $ 560,000 | $ 98,000 |
| Tattnall County Georgia | 1 | $ 150,000 | $ 150,000 | $ 65,000 |
| Aroostook County Maine | 1 | $ 135,000 | $ 135,000 | $ 77,000 |
| Carroll County Maryland | 1 | $ 232,000 | $ 232,000 | $ 104,000 |
| Charles County Maryland | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Queen Anne's County Maryland | 1 | $ 500,000 | $ 500,000 | $ 0 |
| St. Mary's County Maryland | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Middlesex County Massachusetts | 1 | $ 250,000 | $ 250,000 | $ 78,000 |
| Salem County New Jersey | 1 | $ 216,000 | $ 216,000 | $ 120,000 |
| Putnam County New York | 1 | $ 100,000 | $ 100,000 | $ 78,000 |
| Saratoga County New York | 1 | $ 197,000 | $ 197,000 | $ 202,000 |
| Warren County New York | 1 | $ 110,000 | $ 110,000 | $ 37,000 |
| Currituck County North Carolina | 1 | $ 532,000 | $ 532,000 | $ 0 |
| Dare County North Carolina | 1 | $ 410,000 | $ 410,000 | $ 0 |
| Duplin County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 83,000 |
| Forsyth County North Carolina | 1 | $ 181,000 | $ 181,000 | $ 43,000 |
| Iredell County North Carolina | 1 | $ 204,000 | $ 204,000 | $ 533,000 |
| Randolph County North Carolina | 1 | $ 264,000 | $ 264,000 | $ 96,000 |
| Allegheny County Pennsylvania | 1 | $ 303,000 | $ 303,000 | $ 533,000 |
| Butler County Pennsylvania | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Lehigh County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 44,000 |
| Luzerne County Pennsylvania | 1 | $ 328,000 | $ 328,000 | $ 191,000 |
| Union County Pennsylvania | 1 | $ 128,000 | $ 128,000 | $ 52,000 |
| Beaufort County South Carolina | 1 | $ 350,000 | $ 350,000 | $ 136,000 |
| Orange County Vermont | 1 | $ 125,000 | $ 125,000 | $ 257,000 |
| Windham County Vermont | 1 | $ 268,000 | $ 268,000 | $ 212,000 |
| Windsor County Vermont | 1 | $ 400,000 | $ 400,000 | $ 139,000 |
| Albemarle County Virginia | 1 | $ 380,000 | $ 380,000 | $ 0 |
| Botetourt County Virginia | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Culpeper County Virginia | 1 | $ 417,000 | $ 417,000 | $ 0 |
| Cumberland County Virginia | 1 | $ 144,000 | $ 144,000 | $ 116,000 |
| Essex County Virginia | 1 | $ 180,000 | $ 180,000 | $ 90,000 |
| Fairfax City County Virginia | 1 | $ 475,000 | $ 475,000 | $ 0 |
| Falls Church County Virginia | 1 | $ 226,000 | $ 226,000 | $ 47,000 |
| Fluvanna County Virginia | 1 | $ 261,000 | $ 261,000 | $ 67,000 |
| Franklin County Virginia | 1 | $ 350,000 | $ 350,000 | $ 175,000 |
| Greene County Virginia | 1 | $ 254,000 | $ 254,000 | $ 132,000 |
| Hampton County Virginia | 1 | $ 276,000 | $ 276,000 | $ 0 |
| Hanover County Virginia | 1 | $ 161,000 | $ 161,000 | $ 33,000 |
| Isle of Wight County Virginia | 1 | $ 220,000 | $ 220,000 | $ 78,000 |
| James City County Virginia | 1 | $ 296,000 | $ 296,000 | $ 75,000 |
| King George County Virginia | 1 | $ 473,000 | $ 473,000 | $ 96,000 |
| King William County Virginia | 1 | $ 168,000 | $ 168,000 | $ 82,000 |
| Montgomery County Virginia | 1 | $ 260,000 | $ 260,000 | $ 61,000 |
| Prince George County Virginia | 1 | $ 299,000 | $ 299,000 | $ 80,000 |
| Southampton County Virginia | 1 | $ 186,000 | $ 186,000 | $ 0 |
| Tucker County West Virginia | 1 | $ 77,000 | $ 77,000 | $ 40,000 |
Mortgage Loan Application Detail Totals for Valley National Bank in 2007
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 | 733 | $275,118,000 | $375,000 | $3,700,000 | $166,000 | $2,843,000 |
| Refinancing | 728 | $231,436,000 | $317,000 | $6,100,000 | $137,000 | $9,999,000 |
| Home Improvement | 646 | $42,696,000 | $66,000 | $3,000,000 | $104,000 | $1,329,000 |
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 | 1,563 | $396,112,000 | $253,000 | $6,100,000 | $137,000 | $4,675,000 |
| Asian | 166 | $50,457,000 | $303,000 | $1,500,000 | $134,000 | $1,095,000 |
| Hispanic | 162 | $27,300,000 | $168,000 | $1,200,000 | $74,000 | $315,000 |
| Not Provided | 98 | $37,784,000 | $385,000 | $3,700,000 | $212,000 | $2,708,000 |
| Black or African American | 72 | $12,925,000 | $179,000 | $750,000 | $81,000 | $244,000 |
| Not applicable | 31 | $21,359,000 | $689,000 | $3,000,000 | $93,000 | $1,329,000 |
| Native Hawaiian or Other Pacific Islander | 9 | $1,690,000 | $187,000 | $430,000 | $73,000 | $152,000 |
| American Indian or Alaskan Native | 6 | $1,623,000 | $270,000 | $1,000,000 | $1,742,000 | $9,999,000 |
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) | 2,107 | $549,250,000 | $260,000 | $6,100,000 | $137,000 | $9,999,000 |
| 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 | 1,234 | $285,175,000 | $231,000 | $6,100,000 | $158,000 | $9,999,000 |
| Loan Purchased By The Institution | 443 | $165,360,000 | $373,000 | $1,292,000 | $104,000 | $2,201,000 |
| Application Denied By Financial Institution | 218 | $35,495,000 | $162,000 | $1,200,000 | $86,000 | $800,000 |
| Application Approved But Not Accepted | 106 | $25,841,000 | $243,000 | $3,000,000 | $143,000 | $1,070,000 |
| Application Withdrawn By Applicant | 104 | $36,743,000 | $353,000 | $3,000,000 | $142,000 | $1,475,000 |
| Preapproval Approved but not Accepted | 1 | $269,000 | $269,000 | $269,000 | $88,000 | $88,000 |
| Preapproval Denied by Financial Institution | 1 | $367,000 | $367,000 | $367,000 | $38,000 | $38,000 |
| 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 | 121 | $21,301,000 | $176,000 | $1,200,000 | $62,000 | $487,000 |
| Credit History | 59 | $7,158,000 | $121,000 | $615,000 | $92,000 | $400,000 |
| Collateral | 17 | $1,874,000 | $110,000 | $350,000 | $156,000 | $620,000 |
| Other | 14 | $3,691,000 | $263,000 | $556,000 | $109,000 | $257,000 |
| Credit Application Incomplete | 7 | $1,545,000 | $220,000 | $475,000 | $224,000 | $800,000 |
| Unverifiable Information | 1 | $293,000 | $293,000 | $293,000 | $31,000 | $31,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Valley National Bank's 2007 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.