Valley National Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Valley National Bank 2020 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 | 9,595 |
| Total Mortgage Loan Application Amount | $4,280,995,000 |
| Average Mortgage Loan Application Amount | $1,731,333 |
| Highest Mortgage Loan Application Amount | $55,005,000 |
| Average Applicant Income | $161,000 |
| Highest Applicant Income | $6,700,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 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 2020 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 2020.
| 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 | 1,018 | $ 344,310,000 | $ 338,000 | $ 181,000 |
| Suffolk County New York | 680 | $ 347,800,000 | $ 511,000 | $ 258,000 |
| Passaic County New Jersey | 632 | $ 151,150,000 | $ 239,000 | $ 138,000 |
| Essex County New Jersey | 599 | $ 175,725,000 | $ 293,000 | $ 161,000 |
| Morris County New Jersey | 554 | $ 139,390,000 | $ 251,000 | $ 181,000 |
| Monmouth County New Jersey | 411 | $ 131,665,000 | $ 320,000 | $ 189,000 |
| Ocean County New Jersey | 365 | $ 163,855,000 | $ 448,000 | $ 279,000 |
| Nassau County New York | 319 | $ 180,935,000 | $ 567,000 | $ 247,000 |
| Union County New Jersey | 290 | $ 83,630,000 | $ 288,000 | $ 187,000 |
| Middlesex County New Jersey | 282 | $ 116,910,000 | $ 414,000 | $ 127,000 |
| Pinellas County Florida | 245 | $ 98,535,000 | $ 402,000 | $ 262,000 |
| Hillsborough County Florida | 238 | $ 161,070,000 | $ 676,000 | $ 352,000 |
| Queens County New York | 219 | $ 123,365,000 | $ 563,000 | $ 136,000 |
| Kings County New York | 207 | $ 310,355,000 | $ 1,499,000 | $ 190,000 |
| Cape May County New Jersey | 202 | $ 116,170,000 | $ 575,000 | $ 341,000 |
| Palm Beach County Florida | 192 | $ 89,200,000 | $ 464,000 | $ 251,000 |
| Collier County Florida | 174 | $ 73,380,000 | $ 421,000 | $ 222,000 |
| Broward County Florida | 169 | $ 55,965,000 | $ 331,000 | $ 207,000 |
| Hudson County New Jersey | 167 | $ 58,015,000 | $ 347,000 | $ 158,000 |
| Somerset County New Jersey | 164 | $ 41,420,000 | $ 252,000 | $ 162,000 |
| Sussex County New Jersey | 162 | $ 32,050,000 | $ 197,000 | $ 136,000 |
| Orange County New York | 161 | $ 73,845,000 | $ 458,000 | $ 126,000 |
| Miami-Dade County Florida | 151 | $ 68,655,000 | $ 454,000 | $ 221,000 |
| Dutchess County New York | 123 | $ 34,905,000 | $ 283,000 | $ 146,000 |
| Westchester County New York | 110 | $ 96,350,000 | $ 875,000 | $ 288,000 |
| New York County New York | 107 | $ 293,935,000 | $ 2,747,000 | $ 475,000 |
| Lee County Florida | 100 | $ 20,260,000 | $ 202,000 | $ 101,000 |
| Brevard County Florida | 87 | $ 26,845,000 | $ 308,000 | $ 80,000 |
| Orange County Florida | 84 | $ 62,560,000 | $ 744,000 | $ 211,000 |
| Warren County New Jersey | 73 | $ 13,285,000 | $ 181,000 | $ 111,000 |
| Atlantic County New Jersey | 56 | $ 15,630,000 | $ 279,000 | $ 166,000 |
| Hunterdon County New Jersey | 52 | $ 14,930,000 | $ 287,000 | $ 179,000 |
| Rockland County New York | 47 | $ 20,575,000 | $ 437,000 | $ 160,000 |
| Ulster County New York | 46 | $ 10,790,000 | $ 234,000 | $ 182,000 |
| Mercer County New Jersey | 41 | $ 13,195,000 | $ 321,000 | $ 170,000 |
| Bronx County New York | 38 | $ 98,390,000 | $ 2,589,000 | $ 103,000 |
| Montgomery County Alabama | 37 | $ 7,215,000 | $ 195,000 | $ 124,000 |
| Seminole County Florida | 37 | $ 10,785,000 | $ 291,000 | $ 316,000 |
| Manatee County Florida | 36 | $ 16,000,000 | $ 444,000 | $ 409,000 |
| Richmond County New York | 34 | $ 10,130,000 | $ 297,000 | $ 165,000 |
| Putnam County New York | 31 | $ 10,075,000 | $ 325,000 | $ 164,000 |
| Tallapoosa County Alabama | 29 | $ 4,455,000 | $ 153,000 | $ 97,000 |
| Sarasota County Florida | 27 | $ 19,765,000 | $ 732,000 | $ 477,000 |
| Philadelphia County Pennsylvania | 27 | $ 9,955,000 | $ 368,000 | $ 306,000 |
| Elmore County Alabama | 26 | $ 4,500,000 | $ 173,000 | $ 95,000 |
| Polk County Florida | 25 | $ 8,125,000 | $ 325,000 | $ 55,000 |
| Lee County Alabama | 24 | $ 5,460,000 | $ 227,000 | $ 126,000 |
| Duval County Florida | 23 | $ 16,325,000 | $ 709,000 | $ 319,000 |
| Pasco County Florida | 23 | $ 4,235,000 | $ 184,000 | $ 109,000 |
| Burlington County New Jersey | 23 | $ 6,415,000 | $ 278,000 | $ 164,000 |
| Fairfield County Connecticut | 21 | $ 11,465,000 | $ 545,000 | $ 238,000 |
| Indian River County Florida | 21 | $ 16,025,000 | $ 763,000 | $ 90,000 |
| Martin County Florida | 21 | $ 10,835,000 | $ 515,000 | $ 153,000 |
| Monroe County New York | 19 | $ 3,155,000 | $ 166,000 | $ 104,000 |
| Jefferson County Alabama | 18 | $ 5,230,000 | $ 290,000 | $ 232,000 |
| St. Johns County Florida | 18 | $ 3,570,000 | $ 198,000 | $ 138,000 |
| Bucks County Pennsylvania | 16 | $ 6,040,000 | $ 377,000 | $ 181,000 |
| Camden County New Jersey | 15 | $ 3,625,000 | $ 241,000 | $ 144,000 |
| Montgomery County Pennsylvania | 15 | $ 4,755,000 | $ 317,000 | $ 189,000 |
| Northampton County Pennsylvania | 15 | $ 21,395,000 | $ 1,426,000 | $ 112,000 |
| Shelby County Alabama | 14 | $ 2,780,000 | $ 198,000 | $ 152,000 |
| Sullivan County New York | 13 | $ 2,175,000 | $ 167,000 | $ 124,000 |
| Wayne County Pennsylvania | 12 | $ 1,450,000 | $ 120,000 | $ 159,000 |
| Volusia County Florida | 11 | $ 6,895,000 | $ 626,000 | $ 234,000 |
| New Castle County Delaware | 10 | $ 33,840,000 | $ 3,384,000 | $ 270,000 |
| Monroe County Florida | 10 | $ 20,390,000 | $ 2,039,000 | $ 372,000 |
| Monroe County Pennsylvania | 10 | $ 1,500,000 | $ 150,000 | $ 143,000 |
| Pike County Pennsylvania | 10 | $ 1,920,000 | $ 192,000 | $ 115,000 |
| St. Clair County Alabama | 9 | $ 1,275,000 | $ 141,000 | $ 92,000 |
| Litchfield County Connecticut | 8 | $ 2,740,000 | $ 342,000 | $ 131,000 |
| Citrus County Florida | 8 | $ 2,600,000 | $ 325,000 | $ 117,000 |
| St. Lucie County Florida | 8 | $ 1,670,000 | $ 208,000 | $ 211,000 |
| Chester County Pennsylvania | 8 | $ 4,420,000 | $ 552,000 | $ 346,000 |
| Lehigh County Pennsylvania | 8 | $ 4,080,000 | $ 510,000 | $ 139,000 |
| Flagler County Florida | 7 | $ 2,065,000 | $ 295,000 | $ 383,000 |
| Osceola County Florida | 7 | $ 1,255,000 | $ 179,000 | $ 186,000 |
| Gloucester County New Jersey | 7 | $ 1,185,000 | $ 169,000 | $ 136,000 |
| Chatham County Georgia | 6 | $ 1,240,000 | $ 206,000 | $ 114,000 |
| Boone County Kentucky | 6 | $ 1,510,000 | $ 251,000 | $ 121,000 |
| Delaware County New York | 6 | $ 1,290,000 | $ 215,000 | $ 139,000 |
| Berks County Pennsylvania | 6 | $ 1,130,000 | $ 188,000 | $ 337,000 |
| Sevier County Tennessee | 6 | $ 2,610,000 | $ 435,000 | $ 552,000 |
| Alachua County Florida | 5 | $ 1,965,000 | $ 393,000 | $ 56,000 |
| Charlotte County Florida | 5 | $ 975,000 | $ 195,000 | $ 103,000 |
| Hernando County Florida | 5 | $ 955,000 | $ 191,000 | $ 254,000 |
| Autauga County Alabama | 4 | $ 470,000 | $ 117,000 | $ 93,000 |
| Los Angeles County California | 4 | $ 4,230,000 | $ 1,057,000 | $ 414,000 |
| New Haven County Connecticut | 4 | $ 2,180,000 | $ 545,000 | $ 311,000 |
| Marion County Florida | 4 | $ 950,000 | $ 237,000 | $ 352,000 |
| Hillsborough County New Hampshire | 4 | $ 1,090,000 | $ 272,000 | $ 131,000 |
| Warren County New York | 4 | $ 3,340,000 | $ 835,000 | $ 345,000 |
| Carbon County Pennsylvania | 4 | $ 370,000 | $ 92,000 | $ 159,000 |
| Loudoun County Virginia | 4 | $ 1,250,000 | $ 312,000 | $ 181,000 |
| Baldwin County Alabama | 3 | $ 825,000 | $ 275,000 | $ 95,000 |
| Chambers County Alabama | 3 | $ 335,000 | $ 111,000 | $ 50,000 |
| Hartford County Connecticut | 3 | $ 1,005,000 | $ 335,000 | $ 200,000 |
| Lake County Florida | 3 | $ 1,345,000 | $ 448,000 | $ 307,000 |
| Leon County Florida | 3 | $ 425,000 | $ 141,000 | $ 64,000 |
| Anne Arundel County Maryland | 3 | $ 1,075,000 | $ 358,000 | $ 199,000 |
| Cumberland County New Jersey | 3 | $ 565,000 | $ 188,000 | $ 85,000 |
| Essex County New York | 3 | $ 585,000 | $ 195,000 | $ 169,000 |
| Onondaga County New York | 3 | $ 745,000 | $ 248,000 | $ 507,000 |
| Saratoga County New York | 3 | $ 1,565,000 | $ 521,000 | $ 462,000 |
| Schoharie County New York | 3 | $ 225,000 | $ 75,000 | $ 115,000 |
| Wake County North Carolina | 3 | $ 865,000 | $ 288,000 | $ 213,000 |
| Allegheny County Pennsylvania | 3 | $ 1,105,000 | $ 368,000 | $ 234,000 |
| Delaware County Pennsylvania | 3 | $ 825,000 | $ 275,000 | $ 133,000 |
| Providence County Rhode Island | 3 | $ 1,785,000 | $ 595,000 | $ 1,146,000 |
| York County South Carolina | 3 | $ 1,035,000 | $ 345,000 | $ 122,000 |
| Winston County Alabama | 2 | $ 490,000 | $ 245,000 | $ 142,000 |
| Maricopa County Arizona | 2 | $ 1,570,000 | $ 785,000 | $ 450,000 |
| Riverside County California | 2 | $ 750,000 | $ 375,000 | $ 122,000 |
| Denver County Colorado | 2 | $ 910,000 | $ 455,000 | $ 245,000 |
| Middlesex County Connecticut | 2 | $ 760,000 | $ 380,000 | $ 111,000 |
| New London County Connecticut | 2 | $ 510,000 | $ 255,000 | $ 192,000 |
| Escambia County Florida | 2 | $ 170,000 | $ 85,000 | $ 89,000 |
| Hendry County Florida | 2 | $ 3,290,000 | $ 1,645,000 | $ 45,000 |
| Sumter County Florida | 2 | $ 1,060,000 | $ 530,000 | $ 616,000 |
| Camden County Georgia | 2 | $ 720,000 | $ 360,000 | $ 621,000 |
| Gwinnett County Georgia | 2 | $ 380,000 | $ 190,000 | $ 161,000 |
| Pickens County Georgia | 2 | $ 990,000 | $ 495,000 | $ 263,000 |
| Montgomery County Maryland | 2 | $ 3,610,000 | $ 1,805,000 | $ 1,712,000 |
| Prince George's County Maryland | 2 | $ 910,000 | $ 455,000 | $ 241,000 |
| Barnstable County Massachusetts | 2 | $ 620,000 | $ 310,000 | $ 251,000 |
| Norfolk County Massachusetts | 2 | $ 930,000 | $ 465,000 | $ 228,000 |
| Cayuga County New York | 2 | $ 290,000 | $ 145,000 | $ 123,000 |
| Columbia County New York | 2 | $ 640,000 | $ 320,000 | $ 87,000 |
| Franklin County New York | 2 | $ 120,000 | $ 60,000 | $ 65,000 |
| Greene County New York | 2 | $ 330,000 | $ 165,000 | $ 109,000 |
| Lewis County New York | 2 | $ 190,000 | $ 95,000 | $ 102,000 |
| Otsego County New York | 2 | $ 250,000 | $ 125,000 | $ 150,000 |
| Rensselaer County New York | 2 | $ 550,000 | $ 275,000 | $ 267,000 |
| Brunswick County North Carolina | 2 | $ 440,000 | $ 220,000 | $ 97,000 |
| Catawba County North Carolina | 2 | $ 220,000 | $ 110,000 | $ 29,000 |
| Johnston County North Carolina | 2 | $ 460,000 | $ 230,000 | $ 76,000 |
| Dauphin County Pennsylvania | 2 | $ 8,250,000 | $ 4,125,000 | $ 884,000 |
| Newport County Rhode Island | 2 | $ 1,380,000 | $ 690,000 | $ 600,000 |
| Charleston County South Carolina | 2 | $ 800,000 | $ 400,000 | $ 70,000 |
| Davidson County Tennessee | 2 | $ 530,000 | $ 265,000 | $ 173,000 |
| Hamblen County Tennessee | 2 | $ 420,000 | $ 210,000 | $ 57,000 |
| Summit County Utah | 2 | $ 940,000 | $ 470,000 | $ 408,000 |
| Windsor County Vermont | 2 | $ 480,000 | $ 240,000 | $ 192,000 |
| Alexandria County Virginia | 2 | $ 1,000,000 | $ 500,000 | $ 268,000 |
| Fairfax County Virginia | 2 | $ 2,010,000 | $ 1,005,000 | $ 179,000 |
| Roanoke City County Virginia | 2 | $ 200,000 | $ 100,000 | $ 755,000 |
| Bullock County Alabama | 1 | $ 35,000 | $ 35,000 | $ 26,000 |
| Coffee County Alabama | 1 | $ 245,000 | $ 245,000 | $ 125,000 |
| Coosa County Alabama | 1 | $ 255,000 | $ 255,000 | $ 76,000 |
| Houston County Alabama | 1 | $ 95,000 | $ 95,000 | $ 46,000 |
| Macon County Alabama | 1 | $ 105,000 | $ 105,000 | $ 60,000 |
| Madison County Alabama | 1 | $ 255,000 | $ 255,000 | $ 497,000 |
| Marshall County Alabama | 1 | $ 165,000 | $ 165,000 | $ 128,000 |
| Talladega County Alabama | 1 | $ 105,000 | $ 105,000 | $ 180,000 |
| Tuscaloosa County Alabama | 1 | $ 335,000 | $ 335,000 | $ 447,000 |
| Pinal County Arizona | 1 | $ 225,000 | $ 225,000 | $ 91,000 |
| El Dorado County California | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Orange County California | 1 | $ 605,000 | $ 605,000 | $ 542,000 |
| San Diego County California | 1 | $ 955,000 | $ 955,000 | $ 186,000 |
| Boulder County Colorado | 1 | $ 325,000 | $ 325,000 | $ 63,000 |
| Jefferson County Colorado | 1 | $ 385,000 | $ 385,000 | $ 80,000 |
| District of Columbia County District Of Columbia | 1 | $ 315,000 | $ 315,000 | $ 75,000 |
| Bay County Florida | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Franklin County Florida | 1 | $ 1,405,000 | $ 1,405,000 | $ 1,860,000 |
| Nassau County Florida | 1 | $ 195,000 | $ 195,000 | $ 60,000 |
| Walton County Florida | 1 | $ 235,000 | $ 235,000 | $ 41,000 |
| Cobb County Georgia | 1 | $ 955,000 | $ 955,000 | $ 264,000 |
| Coweta County Georgia | 1 | $ 195,000 | $ 195,000 | $ 74,000 |
| Dawson County Georgia | 1 | $ 1,105,000 | $ 1,105,000 | $ 338,000 |
| Fayette County Georgia | 1 | $ 365,000 | $ 365,000 | $ 349,000 |
| Fulton County Georgia | 1 | $ 105,000 | $ 105,000 | $ 257,000 |
| Maui County Hawaii | 1 | $ 975,000 | $ 975,000 | $ 2,375,000 |
| Teton County Idaho | 1 | $ 315,000 | $ 315,000 | $ 94,000 |
| Johnson County Kansas | 1 | $ 255,000 | $ 255,000 | $ 67,000 |
| Kenton County Kentucky | 1 | $ 145,000 | $ 145,000 | $ 210,000 |
| East Baton Rouge County Louisiana | 1 | $ 105,000 | $ 105,000 | $ 205,000 |
| St. Tammany County Louisiana | 1 | $ 235,000 | $ 235,000 | $ 81,000 |
| Androscoggin County Maine | 1 | $ 75,000 | $ 75,000 | $ 37,000 |
| Baltimore City County Maryland | 1 | $ 655,000 | $ 655,000 | $ 510,000 |
| Cecil County Maryland | 1 | $ 195,000 | $ 195,000 | $ 69,000 |
| Howard County Maryland | 1 | $ 195,000 | $ 195,000 | $ 73,000 |
| Bristol County Massachusetts | 1 | $ 335,000 | $ 335,000 | $ 134,000 |
| Essex County Massachusetts | 1 | $ 385,000 | $ 385,000 | $ 90,000 |
| Suffolk County Massachusetts | 1 | $ 245,000 | $ 245,000 | $ 212,000 |
| Crawford County Michigan | 1 | $ 365,000 | $ 365,000 | $ 112,000 |
| St. Louis County Missouri | 1 | $ 515,000 | $ 515,000 | $ 1,157,000 |
| Clark County Nevada | 1 | $ 225,000 | $ 225,000 | $ 44,000 |
| Rockingham County New Hampshire | 1 | $ 145,000 | $ 145,000 | $ 212,000 |
| Salem County New Jersey | 1 | $ 125,000 | $ 125,000 | $ 59,000 |
| Albany County New York | 1 | $ 165,000 | $ 165,000 | $ 97,000 |
| Erie County New York | 1 | $ 85,000 | $ 85,000 | $ 73,000 |
| Fulton County New York | 1 | $ 375,000 | $ 375,000 | $ 221,000 |
| Genesee County New York | 1 | $ 125,000 | $ 125,000 | $ 55,000 |
| Ontario County New York | 1 | $ 385,000 | $ 385,000 | $ 132,000 |
| Orleans County New York | 1 | $ 145,000 | $ 145,000 | $ 35,000 |
| Steuben County New York | 1 | $ 155,000 | $ 155,000 | $ 578,000 |
| Wayne County New York | 1 | $ 75,000 | $ 75,000 | $ 46,000 |
| Buncombe County North Carolina | 1 | $ 405,000 | $ 405,000 | $ 108,000 |
| Chatham County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 52,000 |
| Dare County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 176,000 |
| Guilford County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 355,000 |
| Haywood County North Carolina | 1 | $ 285,000 | $ 285,000 | $ 613,000 |
| Henderson County North Carolina | 1 | $ 565,000 | $ 565,000 | $ 1,378,000 |
| Iredell County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 87,000 |
| Jackson County North Carolina | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Lincoln County North Carolina | 1 | $ 725,000 | $ 725,000 | $ 228,000 |
| Macon County North Carolina | 1 | $ 465,000 | $ 465,000 | $ 507,000 |
| Mecklenburg County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 75,000 |
| New Hanover County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 80,000 |
| Orange County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 385,000 |
| Vance County North Carolina | 1 | $ 295,000 | $ 295,000 | $ 224,000 |
| Watauga County North Carolina | 1 | $ 655,000 | $ 655,000 | $ 145,000 |
| Hamilton County Ohio | 1 | $ 165,000 | $ 165,000 | $ 210,000 |
| Montgomery County Ohio | 1 | $ 175,000 | $ 175,000 | $ 227,000 |
| Summit County Ohio | 1 | $ 105,000 | $ 105,000 | $ 55,000 |
| Adams County Pennsylvania | 1 | $ 2,905,000 | $ 2,905,000 | $ 0 |
| Cambria County Pennsylvania | 1 | $ 1,505,000 | $ 1,505,000 | $ 0 |
| Lackawanna County Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 247,000 |
| Luzerne County Pennsylvania | 1 | $ 175,000 | $ 175,000 | $ 310,000 |
| Potter County Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 86,000 |
| York County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 134,000 |
| Washington County Rhode Island | 1 | $ 205,000 | $ 205,000 | $ 120,000 |
| Berkeley County South Carolina | 1 | $ 235,000 | $ 235,000 | $ 144,000 |
| Colleton County South Carolina | 1 | $ 265,000 | $ 265,000 | $ 165,000 |
| Greenville County South Carolina | 1 | $ 485,000 | $ 485,000 | $ 128,000 |
| Horry County South Carolina | 1 | $ 185,000 | $ 185,000 | $ 65,000 |
| Dickson County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 110,000 |
| Knox County Tennessee | 1 | $ 225,000 | $ 225,000 | $ 64,000 |
| Union County Tennessee | 1 | $ 395,000 | $ 395,000 | $ 1,087,000 |
| Dallas County Texas | 1 | $ 505,000 | $ 505,000 | $ 290,000 |
| Denton County Texas | 1 | $ 455,000 | $ 455,000 | $ 280,000 |
| Fort Bend County Texas | 1 | $ 205,000 | $ 205,000 | $ 60,000 |
| Kaufman County Texas | 1 | $ 195,000 | $ 195,000 | $ 381,000 |
| Travis County Texas | 1 | $ 805,000 | $ 805,000 | $ 0 |
| Bennington County Vermont | 1 | $ 495,000 | $ 495,000 | $ 1,190,000 |
| Rutland County Vermont | 1 | $ 335,000 | $ 335,000 | $ 283,000 |
| Virginia Beach County Virginia | 1 | $ 845,000 | $ 845,000 | $ 384,000 |
| Door County Wisconsin | 1 | $ 275,000 | $ 275,000 | $ 252,000 |
Mortgage Loan Application Detail Totals for Valley National Bank in 2020
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 | 3,338 | $1,203,960,000 | $360,000 | $7,005,000 | $206,000 | $6,700,000 |
| Home Purchase | 3,189 | $1,430,375,000 | $448,000 | $30,005,000 | $203,000 | $5,400,000 |
| Cash-out Refinancing | 1,992 | $1,371,680,000 | $688,000 | $38,005,000 | $194,000 | $5,183,000 |
| Home Improvement | 555 | $72,425,000 | $130,000 | $4,125,000 | $172,000 | $4,211,000 |
| Other Purpose | 519 | $185,745,000 | $357,000 | $55,005,000 | $191,000 | $3,736,000 |
| Not Applicable | 2 | $16,810,000 | $8,405,000 | $16,005,000 | $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 | 6,007 | $2,155,105,000 | $358,000 | $8,655,000 | $223,000 | $6,700,000 |
| Not Provided | 1,232 | $400,080,000 | $324,000 | $3,375,000 | $188,000 | $4,211,000 |
| Hispanic | 1,007 | $284,125,000 | $282,000 | $2,905,000 | $128,000 | $1,667,000 |
| Asian | 608 | $212,750,000 | $349,000 | $3,005,000 | $174,000 | $3,101,000 |
| Black or African American | 336 | $91,010,000 | $270,000 | $2,635,000 | $111,000 | $1,538,000 |
| Not applicable | 323 | $1,113,855,000 | $3,448,000 | $55,005,000 | $90,000 | $253,000 |
| American Indian or Alaskan Native | 11 | $2,885,000 | $262,000 | $485,000 | $128,000 | $261,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $855,000 | $285,000 | $375,000 | $152,000 | $216,000 |
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) | 9,302 | $4,188,640,000 | $450,000 | $55,005,000 | $204,000 | $6,700,000 |
| FHA-insured (Federal Housing Administration) | 253 | $78,835,000 | $311,000 | $845,000 | $85,000 | $375,000 |
| VA-guaranteed (Veterans Administration) | 36 | $12,910,000 | $358,000 | $1,255,000 | $121,000 | $304,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 4 | $610,000 | $152,000 | $275,000 | $54,000 | $73,000 |
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 | 6,540 | $3,190,300,000 | $487,000 | $55,005,000 | $201,000 | $5,035,000 |
| Application Withdrawn By Applicant | 1,857 | $675,165,000 | $363,000 | $8,655,000 | $215,000 | $5,400,000 |
| Application Denied By Financial Institution | 727 | $224,525,000 | $308,000 | $3,265,000 | $155,000 | $6,700,000 |
| Application Approved But Not Accepted | 294 | $129,060,000 | $438,000 | $4,125,000 | $221,000 | $2,809,000 |
| Loan Purchased By The Institution | 94 | $28,410,000 | $302,000 | $535,000 | $88,000 | $356,000 |
| File Closed For Incompleteness | 83 | $33,535,000 | $404,000 | $6,315,000 | $266,000 | $6,492,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 8,868 | $4,056,470,000 | $457,000 | $55,005,000 | $204,000 | $6,492,000 |
| Debt-To-Income Ratio | 334 | $106,040,000 | $317,000 | $2,305,000 | $92,000 | $743,000 |
| Collateral | 165 | $50,805,000 | $307,000 | $2,005,000 | $218,000 | $6,700,000 |
| Credit History | 95 | $23,965,000 | $252,000 | $3,265,000 | $181,000 | $1,332,000 |
| Other | 59 | $17,035,000 | $288,000 | $795,000 | $214,000 | $1,922,000 |
| Credit Application Incomplete | 41 | $13,955,000 | $340,000 | $1,475,000 | $215,000 | $1,245,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 18 | $8,910,000 | $495,000 | $1,595,000 | $176,000 | $483,000 |
| Employment History | 13 | $3,385,000 | $260,000 | $515,000 | $225,000 | $863,000 |
| Unverifiable Information | 2 | $430,000 | $215,000 | $225,000 | $126,000 | $177,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Valley National Bank's 2020 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.