Valley National Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2019
Valley National Bank 2019 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 | 7,221 |
| Total Mortgage Loan Application Amount | $3,425,165,000 |
| Average Mortgage Loan Application Amount | $427,800 |
| Highest Mortgage Loan Application Amount | $76,005,000 |
| Average Applicant Income | $213,200 |
| Highest Applicant Income | $7,800,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2019 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 2019 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 2019.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ | 1,933 | $ 1,189,225,000 | $ 776,000 | $ 201,000 |
| NEWARK, NJ-PA | 1,185 | $ 304,485,000 | $ 174,000 | $ 116,000 |
| NEW YORK-NEWARK, NY | 1,022 | $ 393,240,000 | $ 335,000 | $ 159,000 |
| NASSAU COUNTY-SUFFOLK COUNTY, NY | 731 | $ 368,415,000 | $ 503,000 | $ 294,000 |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 473 | $ 227,255,000 | $ 480,000 | $ 294,000 |
| WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL | 219 | $ 72,325,000 | $ 330,000 | $ 205,000 |
| OCEAN CITY, NJ | 140 | $ 93,800,000 | $ 670,000 | $ 423,000 |
| MIAMI-MIAMI BEACH-KENDALL, FL | 123 | $ 66,745,000 | $ 542,000 | $ 289,000 |
| NAPLES-IMMOKALEE-MARCO ISLAND, FL | 117 | $ 60,925,000 | $ 520,000 | $ 263,000 |
| FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL | 109 | $ 39,255,000 | $ 360,000 | $ 167,000 |
| CAPE CORAL-FORT MYERS, FL | 107 | $ 35,675,000 | $ 333,000 | $ 181,000 |
| ORLANDO-KISSIMMEE-SANFORD, FL | 107 | $ 46,755,000 | $ 436,000 | $ 247,000 |
| NA (OUTSIDE OF MSA/MD) | 99 | $ 38,735,000 | $ 606,923 | $ 423,923 |
| PALM BAY-MELBOURNE-TITUSVILLE, FL | 84 | $ 11,000,000 | $ 130,000 | $ 75,000 |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ | 71 | $ 23,065,000 | $ 589,500 | $ 116,500 |
| NORTH PORT-SARASOTA-BRADENTON, FL | 56 | $ 44,610,000 | $ 796,000 | $ 398,000 |
| ATLANTIC CITY-HAMMONTON, NJ | 48 | $ 24,720,000 | $ 515,000 | $ 327,000 |
| TRENTON, NJ | 45 | $ 12,605,000 | $ 280,000 | $ 201,000 |
| BIRMINGHAM-HOOVER, AL | 44 | $ 8,300,000 | $ 188,000 | $ 186,000 |
| KINGSTON, NY | 40 | $ 9,680,000 | $ 242,000 | $ 155,000 |
| PHILADELPHIA, PA | 38 | $ 13,620,000 | $ 358,000 | $ 282,000 |
| MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA | 37 | $ 19,395,000 | $ 524,000 | $ 259,000 |
| CAMDEN, NJ | 36 | $ 11,230,000 | $ 311,000 | $ 215,000 |
| JACKSONVILLE, FL | 26 | $ 7,710,000 | $ 296,000 | $ 179,000 |
| MONTGOMERY, AL | 26 | $ 3,180,000 | $ 122,000 | $ 74,000 |
| BRIDGEPORT-STAMFORD-NORWALK, CT | 25 | $ 16,615,000 | $ 664,000 | $ 262,000 |
| ROCHESTER, NY | 23 | $ 2,625,000 | $ 114,000 | $ 60,000 |
| SEBASTIAN-VERO BEACH, FL | 18 | $ 3,800,000 | $ 211,000 | $ 121,000 |
| LAKELAND-WINTER HAVEN, FL | 16 | $ 8,810,000 | $ 550,000 | $ 181,000 |
| PORT ST. LUCIE, FL | 13 | $ 2,715,000 | $ 208,000 | $ 108,000 |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL | 12 | $ 10,370,000 | $ 864,000 | $ 229,000 |
| WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | 12 | $ 7,650,000 | $ 714,000 | $ 255,333 |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC | 10 | $ 3,580,000 | $ 358,000 | $ 403,000 |
| BALTIMORE-COLUMBIA-TOWSON, MD | 9 | $ 23,365,000 | $ 2,596,000 | $ 203,000 |
| AUBURN-OPELIKA, AL | 8 | $ 1,740,000 | $ 217,000 | $ 93,000 |
| LOS ANGELES-LONG BEACH-GLENDALE, CA | 8 | $ 6,290,000 | $ 786,000 | $ 392,000 |
| OCALA, FL | 7 | $ 12,385,000 | $ 1,769,000 | $ 153,000 |
| WASHINGTON-BALTIMORE-ARLINGTON, DC | 7 | $ 5,575,000 | $ 796,000 | $ 222,000 |
| ALBANY-SCHENECTADY-TROY, NY | 6 | $ 1,190,000 | $ 198,000 | $ 97,000 |
| ATLANTA-SANDY SPRINGS-ROSWELL, GA | 6 | $ 2,090,000 | $ 348,000 | $ 287,000 |
| CINCINNATI, OH-KY-IN | 5 | $ 2,585,000 | $ 592,500 | $ 158,500 |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC | 5 | $ 1,315,000 | $ 251,500 | $ 100,000 |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN | 5 | $ 5,955,000 | $ 1,191,000 | $ 717,000 |
| PROVIDENCE-WARWICK, RI-MA | 5 | $ 1,735,000 | $ 263,500 | $ 157,000 |
| WILMINGTON, DE-MD-NJ | 5 | $ 40,855,000 | $ 18,121,000 | $ 658,000 |
| EAST STROUDSBURG, PA | 4 | $ 640,000 | $ 160,000 | $ 136,000 |
| PUNTA GORDA, FL | 4 | $ 990,000 | $ 247,000 | $ 119,000 |
| RALEIGH, NC | 4 | $ 1,130,000 | $ 282,000 | $ 148,000 |
| ANAHEIM-SANTA ANA-IRVINE, CA | 3 | $ 4,105,000 | $ 1,368,000 | $ 871,000 |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL | 3 | $ 39,045,000 | $ 13,015,000 | $ 64,000 |
| DAPHNE-FAIRHOPE-FOLEY, AL | 3 | $ 645,000 | $ 215,000 | $ 67,000 |
| GAINESVILLE, FL | 3 | $ 1,835,000 | $ 611,000 | $ 171,000 |
| HOMOSASSA SPRINGS, FL | 3 | $ 5,655,000 | $ 1,885,000 | $ 144,000 |
| PHOENIX-MESA-SCOTTSDALE, AZ | 3 | $ 695,000 | $ 231,000 | $ 87,000 |
| SAN DIEGO-CARLSBAD, CA | 3 | $ 2,385,000 | $ 795,000 | $ 818,000 |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC | 3 | $ 10,915,000 | $ 3,638,000 | $ 300,000 |
| ANNISTON-OXFORD-JACKSONVILLE, AL | 2 | $ 330,000 | $ 165,000 | $ 67,000 |
| BOSTON, MA | 2 | $ 890,000 | $ 445,000 | $ 153,000 |
| CHICAGO-NAPERVILLE, IL | 2 | $ 870,000 | $ 435,000 | $ 176,000 |
| COLUMBIA, SC | 2 | $ 3,270,000 | $ 1,635,000 | $ 340,000 |
| DALLAS-PLANO-IRVING, TX | 2 | $ 900,000 | $ 450,000 | $ 805,000 |
| GREENVILLE-ANDERSON-MAULDIN, SC | 2 | $ 1,090,000 | $ 545,000 | $ 175,000 |
| HARTFORD-WEST HARTFORD-EAST HARTFORD, CT | 2 | $ 12,800,000 | $ 6,400,000 | $ 150,000 |
| NEW HAVEN-MILFORD, CT | 2 | $ 230,000 | $ 115,000 | $ 40,000 |
| OAKLAND-HAYWARD-BERKELEY, CA | 2 | $ 410,000 | $ 205,000 | $ 296,000 |
| PENSACOLA-FERRY PASS-BRENT, FL | 2 | $ 1,360,000 | $ 680,000 | $ 1,239,000 |
| PITTSBURGH, PA | 2 | $ 870,000 | $ 435,000 | $ 101,000 |
| SEBRING, FL | 2 | $ 510,000 | $ 255,000 | $ 181,000 |
| STATE COLLEGE, PA | 2 | $ 1,150,000 | $ 575,000 | $ 1,586,000 |
| TALLAHASSEE, FL | 2 | $ 3,170,000 | $ 1,585,000 | $ 61,000 |
| THE VILLAGES, FL | 2 | $ 5,760,000 | $ 2,880,000 | $ 101,000 |
| AUSTIN-ROUND ROCK, TX | 1 | $ 815,000 | $ 815,000 | $ 493,000 |
| BARNSTABLE TOWN, MA | 1 | $ 1,005,000 | $ 1,005,000 | $ 930,000 |
| BOISE CITY, ID | 1 | $ 345,000 | $ 345,000 | $ 125,000 |
| BUFFALO-CHEEKTOWAGA-NIAGARA FALLS, NY | 1 | $ 175,000 | $ 175,000 | $ 242,000 |
| CHARLESTON-NORTH CHARLESTON, SC | 1 | $ 355,000 | $ 355,000 | $ 163,000 |
| CLEVELAND-ELYRIA, OH | 1 | $ 105,000 | $ 105,000 | $ 192,000 |
| COLUMBUS, GA-AL | 1 | $ 7,405,000 | $ 7,405,000 | $ 0 |
| DURHAM-CHAPEL HILL, NC | 1 | $ 335,000 | $ 335,000 | $ 53,000 |
| FRESNO, CA | 1 | $ 135,000 | $ 135,000 | $ 138,000 |
| GLENS FALLS, NY | 1 | $ 145,000 | $ 145,000 | $ 185,000 |
| HARRISBURG-CARLISLE, PA | 1 | $ 405,000 | $ 405,000 | $ 263,000 |
| ITHACA, NY | 1 | $ 135,000 | $ 135,000 | $ 57,000 |
| JACKSON, MS | 1 | $ 5,005,000 | $ 5,005,000 | $ 0 |
| LANCASTER, PA | 1 | $ 175,000 | $ 175,000 | $ 62,000 |
| LAS VEGAS-HENDERSON-PARADISE, NV | 1 | $ 175,000 | $ 175,000 | $ 126,000 |
| LYNCHBURG, VA | 1 | $ 195,000 | $ 195,000 | $ 379,000 |
| MORRISTOWN, TN | 1 | $ 275,000 | $ 275,000 | $ 86,000 |
| NORWICH-NEW LONDON, CT | 1 | $ 25,000 | $ 25,000 | $ 38,000 |
| PANAMA CITY, FL | 1 | $ 1,555,000 | $ 1,555,000 | $ 372,000 |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA | 1 | $ 345,000 | $ 345,000 | $ 216,000 |
| READING, PA | 1 | $ 355,000 | $ 355,000 | $ 230,000 |
| RICHMOND, VA | 1 | $ 415,000 | $ 415,000 | $ 115,000 |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA | 1 | $ 485,000 | $ 485,000 | $ 240,000 |
| ROCKY MOUNT, NC | 1 | $ 155,000 | $ 155,000 | $ 98,000 |
| SALISBURY, MD-DE | 1 | $ 355,000 | $ 355,000 | $ 205,000 |
| SANTA FE, NM | 1 | $ 1,125,000 | $ 1,125,000 | $ 1,071,000 |
| SCRANTON--WILKES-BARRE--HAZLETON, PA | 1 | $ 55,000 | $ 55,000 | $ 185,000 |
| ST. LOUIS, MO-IL | 1 | $ 315,000 | $ 315,000 | $ 323,000 |
| TUSCALOOSA, AL | 1 | $ 335,000 | $ 335,000 | $ 77,000 |
| UTICA-ROME, NY | 1 | $ 145,000 | $ 145,000 | $ 62,000 |
| WARREN-TROY-FARMINGTON HILLS, MI | 1 | $ 2,095,000 | $ 2,095,000 | $ 12,000 |
| WILMINGTON, NC | 1 | $ 205,000 | $ 205,000 | $ 493,000 |
| YORK-HANOVER, PA | 1 | $ 10,755,000 | $ 10,755,000 | $ 0 |
Mortgage Loan Application Detail Totals for Valley National Bank in 2019
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 | 3,150 | $1,449,480,000 | $460,000 | $34,705,000 | $206,000 | $4,192,000 |
| Cash-out Refinancing | 1,478 | $1,063,810,000 | $719,000 | $76,005,000 | $219,000 | $7,800,000 |
| Refinancing | 1,091 | $583,575,000 | $534,000 | $10,005,000 | $272,000 | $5,618,000 |
| Other Purpose | 869 | $213,315,000 | $245,000 | $15,695,000 | $201,000 | $4,660,000 |
| Home Improvement | 633 | $114,985,000 | $181,000 | $37,895,000 | $168,000 | $1,208,000 |
| 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 | 4,625 | $1,738,635,000 | $375,000 | $6,005,000 | $240,000 | $7,800,000 |
| Not Provided | 765 | $256,795,000 | $335,000 | $2,855,000 | $212,000 | $3,864,000 |
| Hispanic | 720 | $193,340,000 | $268,000 | $2,815,000 | $115,000 | $2,199,000 |
| Asian | 500 | $211,270,000 | $422,000 | $10,005,000 | $197,000 | $4,800,000 |
| Not applicable | 283 | $930,485,000 | $3,287,000 | $76,005,000 | $115,000 | $608,000 |
| Black or African American | 276 | $75,620,000 | $273,000 | $2,005,000 | $114,000 | $1,600,000 |
| American Indian or Alaskan Native | 8 | $2,050,000 | $256,000 | $665,000 | $137,000 | $377,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $675,000 | $225,000 | $315,000 | $76,000 | $119,000 |
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) | 6,955 | $3,347,995,000 | $481,000 | $76,005,000 | $219,000 | $7,800,000 |
| FHA-insured (Federal Housing Administration) | 228 | $66,270,000 | $290,000 | $945,000 | $89,000 | $789,000 |
| VA-guaranteed (Veterans Administration) | 30 | $9,070,000 | $302,000 | $585,000 | $96,000 | $354,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 8 | $1,830,000 | $228,000 | $355,000 | $74,000 | $116,000 |
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 | 4,949 | $2,618,235,000 | $529,000 | $76,005,000 | $218,000 | $5,618,000 |
| Application Withdrawn By Applicant | 1,112 | $439,000,000 | $394,000 | $10,005,000 | $249,000 | $7,800,000 |
| Application Denied By Financial Institution | 707 | $204,335,000 | $289,000 | $6,005,000 | $143,000 | $2,737,000 |
| Application Approved But Not Accepted | 239 | $103,875,000 | $434,000 | $3,875,000 | $248,000 | $2,360,000 |
| Loan Purchased By The Institution | 135 | $36,435,000 | $269,000 | $625,000 | $110,000 | $608,000 |
| File Closed For Incompleteness | 79 | $23,285,000 | $294,000 | $1,725,000 | $223,000 | $1,104,000 |
| 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 | 6,514 | $3,220,830,000 | $494,000 | $76,005,000 | $222,000 | $7,800,000 |
| Debt-To-Income Ratio | 318 | $82,930,000 | $260,000 | $2,805,000 | $94,000 | $911,000 |
| Collateral | 164 | $46,820,000 | $285,000 | $6,005,000 | $215,000 | $2,368,000 |
| Credit History | 115 | $30,095,000 | $261,000 | $6,005,000 | $132,000 | $1,171,000 |
| Other | 54 | $14,290,000 | $264,000 | $1,355,000 | $151,000 | $538,000 |
| Credit Application Incomplete | 22 | $17,060,000 | $775,000 | $4,005,000 | $345,000 | $2,737,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 20 | $10,530,000 | $526,000 | $2,005,000 | $132,000 | $540,000 |
| Unverifiable Information | 7 | $1,695,000 | $242,000 | $955,000 | $128,000 | $393,000 |
| Employment History | 7 | $915,000 | $130,000 | $245,000 | $67,000 | $158,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Valley National Bank's 2019 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.