Lender in New Jersey · HMDA 2025
Valley National Bank mortgages in New Jersey
Valley National Bank's 2025 home-purchase and refinance lending in New Jersey, compared with all lenders in the state.
Valley National Bank originated 472 owner-occupied single-family loans in New Jersey from 602 completed applications.
Its median conventional purchase loan costs were $5,410 versus $6,720 for all New Jersey lenders, at a median 30-year fixed rate of 5.75% (New Jersey: 6.625%).
Loans in NJ
472
of 602 applications
Denial rate
14.0%
Purchase · NJ 8.4%
Rate spread
−0.70 pts
Conv. · NJ +0.12 pts
Loan amount
$475,000
Purchase · NJ $455,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 473 | 387 | 14.0% | 5.750% | −0.70 pts | $5,410 | $475,000 |
| Refinance | 29 | 24 | 13.8% | — | −0.25 pts | $5,170 | $575,000 |
| Cash-out refinance | 100 | 61 | 28.0% | 6.875% | +0.37 pts | $4,460 | $285,000 |
*Conventional loans only; medians with at least 20 loans.
New Jersey counties where Valley National Bank ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Hudson County | 9 | 74 | 1.8% |
| Somerset County | 19 | 49 | 1.3% |
| Passaic County | 20 | 40 | 1.1% |
| Essex County | 24 | 65 | 1.1% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology