Valley National Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2018
Valley National Bank 2018 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 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 | 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 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2018 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 2018 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 2018.
| 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 |
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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Valley National Bank's 2018 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.