Valley National Bank
Mortgage Loan Application
Totals and Details
for 2016
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 2003-2021.
| Mortgage Company & Address | Valley National Bank 1460 Valley Road Wayne, NJ 07470 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 5,916 |
| Total Mortgage Loan Application Amount | $2,158,774,000 |
| Average Mortgage Loan Application Amount | $295,333 |
| Highest Mortgage Loan Application Amount | $68,000,000 |
| Average Applicant Income | $126,666 |
| Highest Applicant Income | $4,120,000 |
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 | 872 | $ 332,649,000 | $ 381,000 | $ 169,000 |
| Morris County New Jersey | 535 | $ 148,667,000 | $ 277,000 | $ 151,000 |
| Passaic County New Jersey | 491 | $ 119,031,000 | $ 242,000 | $ 121,000 |
| Essex County New Jersey | 468 | $ 178,276,000 | $ 380,000 | $ 175,000 |
| Monmouth County New Jersey | 426 | $ 105,162,000 | $ 246,000 | $ 142,000 |
| Middlesex County New Jersey | 369 | $ 78,391,000 | $ 212,000 | $ 117,000 |
| Union County New Jersey | 288 | $ 73,425,000 | $ 254,000 | $ 133,000 |
| Hudson County New Jersey | 225 | $ 68,962,000 | $ 306,000 | $ 136,000 |
| Ocean County New Jersey | 198 | $ 51,351,000 | $ 259,000 | $ 190,000 |
| Somerset County New Jersey | 195 | $ 47,294,000 | $ 242,000 | $ 147,000 |
| Queens County New York | 160 | $ 52,072,000 | $ 325,000 | $ 107,000 |
| Sussex County New Jersey | 145 | $ 25,337,000 | $ 174,000 | $ 116,000 |
| Suffolk County New York | 138 | $ 39,254,000 | $ 284,000 | $ 102,000 |
| Kings County New York | 119 | $ 145,756,000 | $ 1,224,000 | $ 79,000 |
| Palm Beach County Florida | 116 | $ 44,817,000 | $ 386,000 | $ 157,000 |
| Nassau County New York | 98 | $ 31,197,000 | $ 318,000 | $ 133,000 |
| Broward County Florida | 79 | $ 30,547,000 | $ 386,000 | $ 122,000 |
| Miami-Dade County Florida | 67 | $ 20,855,000 | $ 311,000 | $ 129,000 |
| New York County New York | 67 | $ 164,124,000 | $ 2,449,000 | $ 108,000 |
| Hunterdon County New Jersey | 56 | $ 13,446,000 | $ 240,000 | $ 160,000 |
| Warren County New Jersey | 51 | $ 9,243,000 | $ 181,000 | $ 160,000 |
| Lee County Florida | 41 | $ 15,839,000 | $ 386,000 | $ 132,000 |
| Westchester County New York | 41 | $ 47,071,000 | $ 1,148,000 | $ 162,000 |
| Pinellas County Florida | 35 | $ 7,871,000 | $ 224,000 | $ 71,000 |
| Brevard County Florida | 33 | $ 5,643,000 | $ 171,000 | $ 51,000 |
| Hillsborough County Florida | 33 | $ 10,019,000 | $ 303,000 | $ 113,000 |
| Mercer County New Jersey | 32 | $ 7,540,000 | $ 235,000 | $ 172,000 |
| Richmond County New York | 32 | $ 7,366,000 | $ 230,000 | $ 140,000 |
| Orange County Florida | 31 | $ 7,104,000 | $ 229,000 | $ 110,000 |
| Rockland County New York | 25 | $ 9,244,000 | $ 369,000 | $ 166,000 |
| Orange County California | 23 | $ 9,519,000 | $ 413,000 | $ 0 |
| Northampton County Pennsylvania | 23 | $ 3,804,000 | $ 165,000 | $ 119,000 |
| Yolo County California | 21 | $ 10,556,000 | $ 502,000 | $ 0 |
| Burlington County New Jersey | 21 | $ 3,935,000 | $ 187,000 | $ 122,000 |
| Collier County Florida | 18 | $ 5,417,000 | $ 300,000 | $ 140,000 |
| Indian River County Florida | 17 | $ 3,365,000 | $ 197,000 | $ 176,000 |
| Orange County New York | 16 | $ 2,775,000 | $ 173,000 | $ 281,000 |
| Bucks County Pennsylvania | 16 | $ 4,037,000 | $ 252,000 | $ 140,000 |
| Seminole County Florida | 15 | $ 2,622,000 | $ 174,000 | $ 86,000 |
| Lehigh County Pennsylvania | 14 | $ 20,413,000 | $ 1,458,000 | $ 78,000 |
| Sarasota County Florida | 13 | $ 15,907,000 | $ 1,223,000 | $ 415,000 |
| San Diego County California | 12 | $ 6,430,000 | $ 535,000 | $ 0 |
| Bronx County New York | 11 | $ 36,745,000 | $ 3,340,000 | $ 71,000 |
| Pike County Pennsylvania | 11 | $ 1,961,000 | $ 178,000 | $ 88,000 |
| Alameda County California | 10 | $ 6,985,000 | $ 698,000 | $ 0 |
| Merced County California | 10 | $ 2,524,000 | $ 252,000 | $ 0 |
| Riverside County California | 9 | $ 3,429,000 | $ 381,000 | $ 0 |
| Santa Cruz County California | 9 | $ 3,636,000 | $ 404,000 | $ 0 |
| Duval County Florida | 9 | $ 1,449,000 | $ 161,000 | $ 47,000 |
| Cape May County New Jersey | 9 | $ 2,500,000 | $ 277,000 | $ 257,000 |
| Monroe County Pennsylvania | 9 | $ 1,121,000 | $ 124,000 | $ 92,000 |
| Contra Costa County California | 8 | $ 5,610,000 | $ 701,000 | $ 0 |
| Los Angeles County California | 8 | $ 6,027,000 | $ 753,000 | $ 0 |
| Atlantic County New Jersey | 8 | $ 831,000 | $ 103,000 | $ 134,000 |
| St. Johns County Florida | 7 | $ 4,655,000 | $ 665,000 | $ 155,000 |
| St. Lucie County Florida | 7 | $ 879,000 | $ 125,000 | $ 95,000 |
| Lake County Florida | 6 | $ 626,000 | $ 104,000 | $ 77,000 |
| Pasco County Florida | 6 | $ 1,027,000 | $ 171,000 | $ 93,000 |
| Philadelphia County Pennsylvania | 6 | $ 1,036,000 | $ 172,000 | $ 77,000 |
| Martin County Florida | 5 | $ 933,000 | $ 186,000 | $ 210,000 |
| Berks County Pennsylvania | 5 | $ 807,000 | $ 161,000 | $ 88,000 |
| Montgomery County Pennsylvania | 5 | $ 1,161,000 | $ 232,000 | $ 140,000 |
| San Francisco County California | 4 | $ 3,659,000 | $ 914,000 | $ 0 |
| Santa Barbara County California | 4 | $ 2,361,000 | $ 590,000 | $ 0 |
| Monroe County Florida | 4 | $ 1,617,000 | $ 404,000 | $ 504,000 |
| Polk County Florida | 4 | $ 521,000 | $ 130,000 | $ 82,000 |
| Camden County New Jersey | 4 | $ 801,000 | $ 200,000 | $ 116,000 |
| Putnam County New York | 4 | $ 1,285,000 | $ 321,000 | $ 362,000 |
| Marin County California | 3 | $ 2,411,000 | $ 803,000 | $ 0 |
| New Castle County Delaware | 3 | $ 11,450,000 | $ 3,816,000 | $ 0 |
| Manatee County Florida | 3 | $ 1,883,000 | $ 627,000 | $ 303,000 |
| Osceola County Florida | 3 | $ 417,000 | $ 139,000 | $ 117,000 |
| Dutchess County New York | 3 | $ 645,000 | $ 215,000 | $ 138,000 |
| Sullivan County New York | 3 | $ 456,000 | $ 152,000 | $ 155,000 |
| Placer County California | 2 | $ 1,128,000 | $ 564,000 | $ 0 |
| Fairfield County Connecticut | 2 | $ 4,258,000 | $ 2,129,000 | $ 100,000 |
| Charlotte County Florida | 2 | $ 355,000 | $ 177,000 | $ 69,000 |
| Leon County Florida | 2 | $ 1,674,000 | $ 837,000 | $ 112,000 |
| Sumter County Florida | 2 | $ 384,000 | $ 192,000 | $ 37,000 |
| Volusia County Florida | 2 | $ 274,000 | $ 137,000 | $ 99,000 |
| Chester County Pennsylvania | 2 | $ 885,000 | $ 442,000 | $ 136,000 |
| Cumberland County Pennsylvania | 2 | $ 1,100,000 | $ 550,000 | $ 77,000 |
| Delaware County Pennsylvania | 2 | $ 695,000 | $ 347,000 | $ 190,000 |
| Lancaster County Pennsylvania | 2 | $ 228,000 | $ 114,000 | $ 84,000 |
| Mariposa County California | 1 | $ 231,000 | $ 231,000 | $ 0 |
| Sacramento County California | 1 | $ 779,000 | $ 779,000 | $ 0 |
| Santa Clara County California | 1 | $ 1,063,000 | $ 1,063,000 | $ 0 |
| Stanislaus County California | 1 | $ 319,000 | $ 319,000 | $ 0 |
| Citrus County Florida | 1 | $ 199,000 | $ 199,000 | $ 0 |
| Flagler County Florida | 1 | $ 105,000 | $ 105,000 | $ 90,000 |
| Hernando County Florida | 1 | $ 135,000 | $ 135,000 | $ 120,000 |
| Marion County Florida | 1 | $ 600,000 | $ 600,000 | $ 85,000 |
| Cobb County Georgia | 1 | $ 326,000 | $ 326,000 | $ 106,000 |
| Cumberland County New Jersey | 1 | $ 120,000 | $ 120,000 | $ 87,000 |
| Gloucester County New Jersey | 1 | $ 40,000,000 | $ 40,000,000 | $ 0 |
| Albany County New York | 1 | $ 4,575,000 | $ 4,575,000 | $ 0 |
| Columbia County New York | 1 | $ 117,000 | $ 117,000 | $ 182,000 |
| Ulster County New York | 1 | $ 126,000 | $ 126,000 | $ 76,000 |
| Carbon County Pennsylvania | 1 | $ 122,000 | $ 122,000 | $ 277,000 |
| Dauphin County Pennsylvania | 1 | $ 129,000 | $ 129,000 | $ 89,000 |
| Luzerne County Pennsylvania | 1 | $ 130,000 | $ 130,000 | $ 48,000 |
| Susquehanna County Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 72,000 |
| Wayne County Pennsylvania | 1 | $ 240,000 | $ 240,000 | $ 243,000 |
| Summit County Utah | 1 | $ 385,000 | $ 385,000 | $ 370,000 |
| Rutland County Vermont | 1 | $ 206,000 | $ 206,000 | $ 0 |
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 2016
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 |
|---|---|---|---|---|---|---|
| Refinancing | 4,412 | $1,604,261,000 | $363,000 | $40,000,000 | $147,000 | $4,120,000 |
| Home Purchase | 1,167 | $531,396,000 | $455,000 | $68,000,000 | $117,000 | $2,648,000 |
| Home Improvement | 337 | $23,117,000 | $68,000 | $392,000 | $116,000 | $1,371,000 |
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 | 3,776 | $975,936,000 | $258,000 | $4,000,000 | $159,000 | $4,120,000 |
| Not applicable | 652 | $823,426,000 | $1,262,000 | $68,000,000 | $33,000 | $349,000 |
| Asian | 546 | $140,337,000 | $257,000 | $3,000,000 | $149,000 | $2,648,000 |
| Hispanic | 491 | $103,617,000 | $211,000 | $980,000 | $110,000 | $1,371,000 |
| Not Provided | 257 | $74,159,000 | $288,000 | $2,128,000 | $185,000 | $1,328,000 |
| Black or African American | 161 | $34,781,000 | $216,000 | $1,125,000 | $106,000 | $670,000 |
| American Indian or Alaskan Native | 21 | $3,803,000 | $181,000 | $417,000 | $138,000 | $631,000 |
| Native Hawaiin or Other Pacific Islander | 12 | $2,715,000 | $226,000 | $523,000 | $110,000 | $266,000 |
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) | 5,652 | $2,098,439,000 | $371,000 | $68,000,000 | $143,000 | $4,120,000 |
| FHA-insured (Federal Housing Administration) | 199 | $45,009,000 | $226,000 | $531,000 | $62,000 | $167,000 |
| VA-guaranteed (Veterans Administration) | 65 | $15,326,000 | $235,000 | $428,000 | $66,000 | $206,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 3,538 | $1,468,243,000 | $414,000 | $68,000,000 | $149,000 | $4,120,000 |
| Application Denied By Financial Institution | 1,132 | $282,359,000 | $249,000 | $4,000,000 | $119,000 | $1,596,000 |
| Loan Purchased By The Institution | 696 | $237,698,000 | $341,000 | $1,500,000 | $87,000 | $1,420,000 |
| Application Withdrawn By Applicant | 345 | $100,029,000 | $289,000 | $9,600,000 | $175,000 | $2,324,000 |
| File Closed For Incompleteness | 116 | $36,286,000 | $312,000 | $3,000,000 | $227,000 | $2,500,000 |
| Application Approved But Not Accepted | 89 | $34,159,000 | $383,000 | $13,125,000 | $186,000 | $2,648,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 563 | $127,135,000 | $225,000 | $2,100,000 | $77,000 | $552,000 |
| Credit History | 262 | $66,901,000 | $255,000 | $4,000,000 | $168,000 | $1,200,000 |
| Collateral | 214 | $59,267,000 | $276,000 | $3,500,000 | $153,000 | $750,000 |
| Other | 74 | $21,690,000 | $293,000 | $1,675,000 | $164,000 | $1,596,000 |
| Unverifiable Information | 10 | $2,849,000 | $284,000 | $526,000 | $109,000 | $237,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $4,287,000 | $535,000 | $2,128,000 | $186,000 | $400,000 |
| Credit Application Incomplete | 1 | $230,000 | $230,000 | $230,000 | $63,000 | $63,000 |
| Employment History | 0 | $0 | $0 | $0 | $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.