Valley National Bank
Mortgage Loan Application
Totals and Details
for 2018
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 | 7,872 |
| Total Mortgage Loan Application Amount | $3,718,930,000 |
| Average Mortgage Loan Application Amount | $427,800 |
| Highest Mortgage Loan Application Amount | $73,005,000 |
| Average Applicant Income | $219,400 |
| Highest Applicant Income | $8,973,000 |
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 | 687 | $ 223,175,000 | $ 324,000 | $ 193,000 |
| Suffolk County New York | 603 | $ 286,215,000 | $ 474,000 | $ 265,000 |
| Morris County New Jersey | 500 | $ 139,790,000 | $ 279,000 | $ 192,000 |
| Essex County New Jersey | 456 | $ 154,530,000 | $ 338,000 | $ 186,000 |
| Passaic County New Jersey | 419 | $ 78,685,000 | $ 187,000 | $ 128,000 |
| Monmouth County New Jersey | 334 | $ 121,200,000 | $ 362,000 | $ 237,000 |
| Nassau County New York | 318 | $ 157,560,000 | $ 495,000 | $ 231,000 |
| Kings County New York | 310 | $ 361,870,000 | $ 1,167,000 | $ 218,000 |
| Queens County New York | 300 | $ 129,320,000 | $ 431,000 | $ 127,000 |
| Ocean County New Jersey | 260 | $ 117,850,000 | $ 453,000 | $ 294,000 |
| Hillsborough County Florida | 241 | $ 124,685,000 | $ 517,000 | $ 373,000 |
| Hudson County New Jersey | 191 | $ 79,185,000 | $ 414,000 | $ 189,000 |
| Union County New Jersey | 188 | $ 56,890,000 | $ 302,000 | $ 169,000 |
| Middlesex County New Jersey | 179 | $ 43,185,000 | $ 241,000 | $ 147,000 |
| Palm Beach County Florida | 173 | $ 64,935,000 | $ 375,000 | $ 246,000 |
| Somerset County New Jersey | 172 | $ 58,930,000 | $ 342,000 | $ 248,000 |
| Cape May County New Jersey | 166 | $ 98,450,000 | $ 593,000 | $ 361,000 |
| Pinellas County Florida | 162 | $ 100,930,000 | $ 623,000 | $ 248,000 |
| Orange County New York | 153 | $ 35,945,000 | $ 234,000 | $ 127,000 |
| New York County New York | 139 | $ 361,295,000 | $ 2,599,000 | $ 547,000 |
| Sussex County New Jersey | 123 | $ 16,555,000 | $ 134,000 | $ 120,000 |
| Westchester County New York | 93 | $ 51,205,000 | $ 550,000 | $ 238,000 |
| Dutchess County New York | 92 | $ 23,800,000 | $ 258,000 | $ 134,000 |
| Miami-Dade County Florida | 86 | $ 42,350,000 | $ 492,000 | $ 214,000 |
| Atlantic County New Jersey | 83 | $ 32,135,000 | $ 387,000 | $ 267,000 |
| Broward County Florida | 78 | $ 28,940,000 | $ 371,000 | $ 163,000 |
| Collier County Florida | 69 | $ 35,365,000 | $ 512,000 | $ 270,000 |
| Lee County Florida | 68 | $ 41,470,000 | $ 609,000 | $ 214,000 |
| Philadelphia County Pennsylvania | 64 | $ 25,960,000 | $ 405,000 | $ 399,000 |
| Warren County New Jersey | 56 | $ 7,720,000 | $ 137,000 | $ 122,000 |
| Richmond County New York | 43 | $ 16,275,000 | $ 378,000 | $ 177,000 |
| Fairfax County Virginia | 42 | $ 19,840,000 | $ 472,000 | $ 194,000 |
| Manatee County Florida | 39 | $ 51,615,000 | $ 1,323,000 | $ 366,000 |
| Ulster County New York | 39 | $ 7,295,000 | $ 187,000 | $ 142,000 |
| Orange County Florida | 38 | $ 32,130,000 | $ 845,000 | $ 351,000 |
| Hunterdon County New Jersey | 34 | $ 11,710,000 | $ 344,000 | $ 390,000 |
| Fairfield County Connecticut | 33 | $ 21,595,000 | $ 654,000 | $ 300,000 |
| Sarasota County Florida | 33 | $ 15,965,000 | $ 483,000 | $ 240,000 |
| Mercer County New Jersey | 32 | $ 13,400,000 | $ 418,000 | $ 281,000 |
| Brevard County Florida | 30 | $ 9,410,000 | $ 313,000 | $ 214,000 |
| Rockland County New York | 30 | $ 14,940,000 | $ 498,000 | $ 225,000 |
| Bucks County Pennsylvania | 29 | $ 11,765,000 | $ 405,000 | $ 230,000 |
| Tallapoosa County Alabama | 27 | $ 2,455,000 | $ 90,000 | $ 73,000 |
| Montgomery County Pennsylvania | 27 | $ 13,295,000 | $ 492,000 | $ 235,000 |
| Pasco County Florida | 21 | $ 25,345,000 | $ 1,206,000 | $ 73,000 |
| Montgomery County Maryland | 21 | $ 12,175,000 | $ 579,000 | $ 325,000 |
| Montgomery County Alabama | 19 | $ 1,815,000 | $ 95,000 | $ 64,000 |
| Polk County Florida | 19 | $ 4,705,000 | $ 247,000 | $ 124,000 |
| Burlington County New Jersey | 19 | $ 11,005,000 | $ 579,000 | $ 256,000 |
| Putnam County New York | 19 | $ 6,435,000 | $ 338,000 | $ 167,000 |
| Camden County New Jersey | 15 | $ 5,125,000 | $ 341,000 | $ 644,000 |
| Elmore County Alabama | 14 | $ 2,140,000 | $ 152,000 | $ 85,000 |
| Bronx County New York | 14 | $ 22,130,000 | $ 1,580,000 | $ 184,000 |
| Indian River County Florida | 13 | $ 1,655,000 | $ 127,000 | $ 85,000 |
| Delaware County Pennsylvania | 13 | $ 6,385,000 | $ 491,000 | $ 253,000 |
| Jefferson County Alabama | 12 | $ 5,500,000 | $ 458,000 | $ 379,000 |
| Seminole County Florida | 12 | $ 1,910,000 | $ 159,000 | $ 286,000 |
| Sullivan County New York | 12 | $ 2,280,000 | $ 190,000 | $ 97,000 |
| Loudoun County Virginia | 12 | $ 5,070,000 | $ 422,000 | $ 154,000 |
| St. Johns County Florida | 11 | $ 3,135,000 | $ 285,000 | $ 348,000 |
| Chester County Pennsylvania | 11 | $ 5,655,000 | $ 514,000 | $ 319,000 |
| Martin County Florida | 10 | $ 3,990,000 | $ 399,000 | $ 294,000 |
| Gloucester County New Jersey | 10 | $ 12,160,000 | $ 1,216,000 | $ 148,000 |
| Duval County Florida | 8 | $ 4,270,000 | $ 533,000 | $ 388,000 |
| Prince George's County Maryland | 8 | $ 1,950,000 | $ 243,000 | $ 165,000 |
| Monroe County Pennsylvania | 8 | $ 870,000 | $ 108,000 | $ 112,000 |
| Pike County Pennsylvania | 8 | $ 1,090,000 | $ 136,000 | $ 149,000 |
| Shelby County Alabama | 7 | $ 845,000 | $ 120,000 | $ 89,000 |
| District of Columbia County District Of Columbia | 7 | $ 5,125,000 | $ 732,000 | $ 205,000 |
| Marion County Florida | 7 | $ 3,325,000 | $ 475,000 | $ 379,000 |
| Berks County Pennsylvania | 7 | $ 2,075,000 | $ 296,000 | $ 143,000 |
| Prince William County Virginia | 7 | $ 2,155,000 | $ 307,000 | $ 105,000 |
| New Haven County Connecticut | 6 | $ 1,300,000 | $ 216,000 | $ 177,000 |
| Monroe County Florida | 6 | $ 4,450,000 | $ 741,000 | $ 280,000 |
| Volusia County Florida | 6 | $ 5,880,000 | $ 980,000 | $ 77,000 |
| Los Angeles County California | 5 | $ 5,125,000 | $ 1,025,000 | $ 299,000 |
| Alachua County Florida | 5 | $ 4,805,000 | $ 961,000 | $ 137,000 |
| Charlotte County Florida | 5 | $ 1,775,000 | $ 355,000 | $ 274,000 |
| St. Lucie County Florida | 5 | $ 555,000 | $ 111,000 | $ 120,000 |
| Baltimore County Maryland | 5 | $ 1,925,000 | $ 385,000 | $ 112,000 |
| Delaware County New York | 5 | $ 785,000 | $ 157,000 | $ 282,000 |
| Northampton County Pennsylvania | 5 | $ 29,985,000 | $ 5,997,000 | $ 95,000 |
| Riverside County California | 4 | $ 2,200,000 | $ 550,000 | $ 684,000 |
| Hartford County Connecticut | 4 | $ 1,210,000 | $ 302,000 | $ 268,000 |
| New Castle County Delaware | 4 | $ 1,730,000 | $ 432,000 | $ 258,000 |
| Cook County Illinois | 4 | $ 2,160,000 | $ 540,000 | $ 254,000 |
| Columbia County New York | 4 | $ 1,150,000 | $ 287,000 | $ 193,000 |
| Onondaga County New York | 4 | $ 940,000 | $ 235,000 | $ 328,000 |
| Lehigh County Pennsylvania | 4 | $ 500,000 | $ 125,000 | $ 130,000 |
| Wayne County Pennsylvania | 4 | $ 710,000 | $ 177,000 | $ 214,000 |
| Baldwin County Alabama | 3 | $ 355,000 | $ 118,000 | $ 53,000 |
| Coosa County Alabama | 3 | $ 95,000 | $ 31,000 | $ 39,000 |
| Lee County Alabama | 3 | $ 855,000 | $ 285,000 | $ 129,000 |
| St. Clair County Alabama | 3 | $ 125,000 | $ 41,000 | $ 72,000 |
| Alameda County California | 3 | $ 3,335,000 | $ 1,111,000 | $ 293,000 |
| Sussex County Delaware | 3 | $ 2,245,000 | $ 748,000 | $ 472,000 |
| Bay County Florida | 3 | $ 515,000 | $ 171,000 | $ 113,000 |
| Okaloosa County Florida | 3 | $ 2,255,000 | $ 751,000 | $ 67,000 |
| Baltimore City County Maryland | 3 | $ 1,035,000 | $ 345,000 | $ 401,000 |
| Wicomico County Maryland | 3 | $ 275,000 | $ 91,000 | $ 169,000 |
| Greene County New York | 3 | $ 605,000 | $ 201,000 | $ 231,000 |
| Oneida County New York | 3 | $ 185,000 | $ 61,000 | $ 837,000 |
| Wake County North Carolina | 3 | $ 1,105,000 | $ 368,000 | $ 156,000 |
| Allegheny County Pennsylvania | 3 | $ 1,425,000 | $ 475,000 | $ 342,000 |
| Luzerne County Pennsylvania | 3 | $ 545,000 | $ 181,000 | $ 407,000 |
| York County South Carolina | 3 | $ 975,000 | $ 325,000 | $ 194,000 |
| Williamson County Tennessee | 3 | $ 5,385,000 | $ 1,795,000 | $ 773,000 |
| James City County Virginia | 3 | $ 875,000 | $ 291,000 | $ 95,000 |
| Stafford County Virginia | 3 | $ 1,085,000 | $ 361,000 | $ 80,000 |
| Pima County Arizona | 2 | $ 840,000 | $ 420,000 | $ 96,000 |
| Flagler County Florida | 2 | $ 250,000 | $ 125,000 | $ 225,000 |
| Hernando County Florida | 2 | $ 240,000 | $ 120,000 | $ 74,000 |
| Lake County Florida | 2 | $ 930,000 | $ 465,000 | $ 279,000 |
| Osceola County Florida | 2 | $ 410,000 | $ 205,000 | $ 46,000 |
| Sumter County Florida | 2 | $ 3,610,000 | $ 1,805,000 | $ 109,000 |
| Walton County Florida | 2 | $ 370,000 | $ 185,000 | $ 104,000 |
| Cobb County Georgia | 2 | $ 410,000 | $ 205,000 | $ 375,000 |
| Fulton County Georgia | 2 | $ 860,000 | $ 430,000 | $ 743,000 |
| Hancock County Maine | 2 | $ 510,000 | $ 255,000 | $ 129,000 |
| Anne Arundel County Maryland | 2 | $ 2,650,000 | $ 1,325,000 | $ 330,000 |
| Cecil County Maryland | 2 | $ 18,730,000 | $ 9,365,000 | $ 73,000 |
| Howard County Maryland | 2 | $ 770,000 | $ 385,000 | $ 277,000 |
| Barnstable County Massachusetts | 2 | $ 1,980,000 | $ 990,000 | $ 1,685,000 |
| Middlesex County Massachusetts | 2 | $ 1,690,000 | $ 845,000 | $ 284,000 |
| Iosco County Michigan | 2 | $ 350,000 | $ 175,000 | $ 223,000 |
| Albany County New York | 2 | $ 380,000 | $ 190,000 | $ 95,000 |
| Dare County North Carolina | 2 | $ 410,000 | $ 205,000 | $ 133,000 |
| Cuyahoga County Ohio | 2 | $ 320,000 | $ 160,000 | $ 243,000 |
| Lancaster County Pennsylvania | 2 | $ 260,000 | $ 130,000 | $ 90,000 |
| Clarke County Virginia | 2 | $ 290,000 | $ 145,000 | $ 83,000 |
| Manassas County Virginia | 2 | $ 390,000 | $ 195,000 | $ 101,000 |
| Prince George County Virginia | 2 | $ 350,000 | $ 175,000 | $ 53,000 |
| Chilton County Alabama | 1 | $ 65,000 | $ 65,000 | $ 25,000 |
| Lowndes County Alabama | 1 | $ 305,000 | $ 305,000 | $ 134,000 |
| Macon County Alabama | 1 | $ 125,000 | $ 125,000 | $ 55,000 |
| Mobile County Alabama | 1 | $ 145,000 | $ 145,000 | $ 74,000 |
| Yavapai County Arizona | 1 | $ 205,000 | $ 205,000 | $ 177,000 |
| Orange County California | 1 | $ 695,000 | $ 695,000 | $ 321,000 |
| Jefferson County Colorado | 1 | $ 355,000 | $ 355,000 | $ 187,000 |
| Summit County Colorado | 1 | $ 405,000 | $ 405,000 | $ 194,000 |
| Middlesex County Connecticut | 1 | $ 585,000 | $ 585,000 | $ 341,000 |
| New London County Connecticut | 1 | $ 295,000 | $ 295,000 | $ 210,000 |
| Citrus County Florida | 1 | $ 235,000 | $ 235,000 | $ 142,000 |
| Clay County Florida | 1 | $ 175,000 | $ 175,000 | $ 54,000 |
| Highlands County Florida | 1 | $ 2,005,000 | $ 2,005,000 | $ 0 |
| Nassau County Florida | 1 | $ 135,000 | $ 135,000 | $ 59,000 |
| Putnam County Florida | 1 | $ 85,000 | $ 85,000 | $ 140,000 |
| Bartow County Georgia | 1 | $ 3,105,000 | $ 3,105,000 | $ 0 |
| Glynn County Georgia | 1 | $ 425,000 | $ 425,000 | $ 117,000 |
| Muscogee County Georgia | 1 | $ 5,675,000 | $ 5,675,000 | $ 0 |
| Troup County Georgia | 1 | $ 205,000 | $ 205,000 | $ 48,000 |
| Whitfield County Georgia | 1 | $ 55,000 | $ 55,000 | $ 118,000 |
| Champaign County Illinois | 1 | $ 185,000 | $ 185,000 | $ 390,000 |
| St. Clair County Illinois | 1 | $ 3,185,000 | $ 3,185,000 | $ 0 |
| Will County Illinois | 1 | $ 355,000 | $ 355,000 | $ 450,000 |
| Johnson County Kansas | 1 | $ 385,000 | $ 385,000 | $ 274,000 |
| Oxford County Maine | 1 | $ 205,000 | $ 205,000 | $ 153,000 |
| St. Mary's County Maryland | 1 | $ 265,000 | $ 265,000 | $ 142,000 |
| Bristol County Massachusetts | 1 | $ 225,000 | $ 225,000 | $ 210,000 |
| Plymouth County Massachusetts | 1 | $ 435,000 | $ 435,000 | $ 138,000 |
| Charlevoix County Michigan | 1 | $ 215,000 | $ 215,000 | $ 446,000 |
| Tate County Mississippi | 1 | $ 175,000 | $ 175,000 | $ 71,000 |
| Clark County Nevada | 1 | $ 325,000 | $ 325,000 | $ 167,000 |
| Rockingham County New Hampshire | 1 | $ 65,000 | $ 65,000 | $ 421,000 |
| Salem County New Jersey | 1 | $ 155,000 | $ 155,000 | $ 61,000 |
| Broome County New York | 1 | $ 115,000 | $ 115,000 | $ 89,000 |
| Cayuga County New York | 1 | $ 965,000 | $ 965,000 | $ 644,000 |
| Erie County New York | 1 | $ 165,000 | $ 165,000 | $ 51,000 |
| Lewis County New York | 1 | $ 85,000 | $ 85,000 | $ 156,000 |
| Madison County New York | 1 | $ 165,000 | $ 165,000 | $ 261,000 |
| Otsego County New York | 1 | $ 175,000 | $ 175,000 | $ 208,000 |
| Saratoga County New York | 1 | $ 115,000 | $ 115,000 | $ 140,000 |
| Schoharie County New York | 1 | $ 385,000 | $ 385,000 | $ 423,000 |
| Schuyler County New York | 1 | $ 65,000 | $ 65,000 | $ 20,000 |
| Warren County New York | 1 | $ 105,000 | $ 105,000 | $ 78,000 |
| Cleveland County North Carolina | 1 | $ 365,000 | $ 365,000 | $ 404,000 |
| Davidson County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 123,000 |
| Jackson County North Carolina | 1 | $ 575,000 | $ 575,000 | $ 279,000 |
| Pamlico County North Carolina | 1 | $ 475,000 | $ 475,000 | $ 1,817,000 |
| Rowan County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 39,000 |
| Rutherford County North Carolina | 1 | $ 275,000 | $ 275,000 | $ 211,000 |
| Transylvania County North Carolina | 1 | $ 1,295,000 | $ 1,295,000 | $ 767,000 |
| Union County North Carolina | 1 | $ 235,000 | $ 235,000 | $ 73,000 |
| Knox County Ohio | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Licking County Ohio | 1 | $ 55,000 | $ 55,000 | $ 34,000 |
| Lucas County Ohio | 1 | $ 385,000 | $ 385,000 | $ 0 |
| Mahoning County Ohio | 1 | $ 155,000 | $ 155,000 | $ 159,000 |
| Adams County Pennsylvania | 1 | $ 655,000 | $ 655,000 | $ 290,000 |
| Blair County Pennsylvania | 1 | $ 2,775,000 | $ 2,775,000 | $ 0 |
| Carbon County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 170,000 |
| Dauphin County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 220,000 |
| Charleston County South Carolina | 1 | $ 295,000 | $ 295,000 | $ 74,000 |
| Horry County South Carolina | 1 | $ 85,000 | $ 85,000 | $ 170,000 |
| Lancaster County South Carolina | 1 | $ 295,000 | $ 295,000 | $ 185,000 |
| Lexington County South Carolina | 1 | $ 65,000 | $ 65,000 | $ 92,000 |
| Davidson County Tennessee | 1 | $ 635,000 | $ 635,000 | $ 156,000 |
| Marion County Tennessee | 1 | $ 305,000 | $ 305,000 | $ 175,000 |
| Sevier County Tennessee | 1 | $ 385,000 | $ 385,000 | $ 267,000 |
| Bexar County Texas | 1 | $ 37,595,000 | $ 37,595,000 | $ 0 |
| Harris County Texas | 1 | $ 445,000 | $ 445,000 | $ 397,000 |
| Johnson County Texas | 1 | $ 455,000 | $ 455,000 | $ 543,000 |
| Summit County Utah | 1 | $ 2,845,000 | $ 2,845,000 | $ 2,007,000 |
| Windham County Vermont | 1 | $ 135,000 | $ 135,000 | $ 225,000 |
| Albemarle County Virginia | 1 | $ 305,000 | $ 305,000 | $ 245,000 |
| Alexandria County Virginia | 1 | $ 385,000 | $ 385,000 | $ 107,000 |
| Arlington County Virginia | 1 | $ 1,005,000 | $ 1,005,000 | $ 336,000 |
| Chesapeake County Virginia | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Falls Church County Virginia | 1 | $ 645,000 | $ 645,000 | $ 190,000 |
| Franklin County Virginia | 1 | $ 215,000 | $ 215,000 | $ 156,000 |
| Manassas Park County Virginia | 1 | $ 205,000 | $ 205,000 | $ 125,000 |
| Jefferson County West Virginia | 1 | $ 145,000 | $ 145,000 | $ 50,000 |
| Pocahontas County West Virginia | 1 | $ 65,000 | $ 65,000 | $ 54,000 |
| Racine County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 66,000 |
| Lincoln County Wyoming | 1 | $ 435,000 | $ 435,000 | $ 375,000 |
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 2018
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 | 3,819 | $1,987,955,000 | $520,000 | $45,005,000 | $225,000 | $3,715,000 |
| Cash-out Refinancing | 1,461 | $932,495,000 | $638,000 | $73,005,000 | $208,000 | $6,788,000 |
| Other Purpose | 1,213 | $205,785,000 | $169,000 | $4,005,000 | $219,000 | $8,973,000 |
| Refinancing | 777 | $459,265,000 | $591,000 | $20,005,000 | $271,000 | $3,624,000 |
| Home Improvement | 602 | $133,430,000 | $221,000 | $37,595,000 | $174,000 | $4,193,000 |
| 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 | 5,179 | $1,940,295,000 | $374,000 | $6,115,000 | $245,000 | $8,973,000 |
| Not Provided | 750 | $249,310,000 | $332,000 | $8,125,000 | $207,000 | $1,917,000 |
| Asian | 709 | $285,315,000 | $402,000 | $7,875,000 | $185,000 | $3,715,000 |
| Hispanic | 609 | $168,995,000 | $277,000 | $4,755,000 | $133,000 | $1,669,000 |
| Not applicable | 303 | $973,285,000 | $3,212,000 | $73,005,000 | $99,000 | $303,000 |
| Black or African American | 255 | $70,165,000 | $275,000 | $1,855,000 | $117,000 | $721,000 |
| American Indian or Alaskan Native | 15 | $5,385,000 | $359,000 | $875,000 | $224,000 | $539,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $1,760,000 | $440,000 | $1,225,000 | $115,000 | $223,000 |
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) | 7,702 | $3,668,640,000 | $476,000 | $73,005,000 | $224,000 | $8,973,000 |
| FHA-insured (Federal Housing Administration) | 123 | $37,035,000 | $301,000 | $835,000 | $104,000 | $716,000 |
| VA-guaranteed (Veterans Administration) | 37 | $11,335,000 | $306,000 | $785,000 | $99,000 | $221,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 10 | $1,920,000 | $192,000 | $415,000 | $59,000 | $103,000 |
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 | 5,278 | $2,888,480,000 | $547,000 | $73,005,000 | $237,000 | $6,788,000 |
| Application Withdrawn By Applicant | 990 | $335,910,000 | $339,000 | $4,005,000 | $242,000 | $7,854,000 |
| Application Denied By Financial Institution | 822 | $250,160,000 | $304,000 | $8,125,000 | $173,000 | $8,973,000 |
| Loan Purchased By The Institution | 446 | $107,840,000 | $241,000 | $975,000 | $83,000 | $752,000 |
| Application Approved But Not Accepted | 226 | $90,850,000 | $401,000 | $10,005,000 | $231,000 | $3,397,000 |
| File Closed For Incompleteness | 98 | $39,850,000 | $406,000 | $2,005,000 | $214,000 | $1,258,000 |
| Preapproval Approved but not Accepted | 8 | $4,640,000 | $580,000 | $1,875,000 | $233,000 | $1,116,000 |
| Preapproval Denied by Financial Institution | 4 | $1,200,000 | $300,000 | $345,000 | $76,000 | $101,000 |
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 | 7,046 | $3,467,570,000 | $492,000 | $73,005,000 | $227,000 | $7,854,000 |
| Debt-To-Income Ratio | 401 | $111,685,000 | $278,000 | $8,125,000 | $96,000 | $1,614,000 |
| Collateral | 202 | $73,940,000 | $366,000 | $2,505,000 | $287,000 | $8,973,000 |
| Credit History | 142 | $32,480,000 | $228,000 | $2,965,000 | $179,000 | $2,800,000 |
| Other | 55 | $22,235,000 | $404,000 | $6,005,000 | $259,000 | $2,406,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 11 | $5,725,000 | $520,000 | $1,255,000 | $191,000 | $754,000 |
| Credit Application Incomplete | 9 | $1,845,000 | $205,000 | $605,000 | $211,000 | $629,000 |
| Unverifiable Information | 4 | $2,790,000 | $697,000 | $1,125,000 | $784,000 | $2,019,000 |
| Employment History | 2 | $660,000 | $330,000 | $585,000 | $145,000 | $160,000 |
| 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.