1st 2nd Mortgage Company of N.j. in New Jersey vs the state
3.1%Denial rate-14.59 pts vs state
4.4%Decision denial rate-18.70 pts vs state
68.2%Origination rate+12.54 pts vs state
6.63%Median rate-0.13 pts vs state
0.37Rate spread (pts)+0.09 pts vs state
$132kMedian applicant income
176Loans originated
8Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 287 | 204 | 4.9% | 6.75% | #144 |
| 2024 | 239 | 177 | 4.2% | 6.75% | #176 |
| 2025 | 258 | 176 | 3.1% | 6.63% | #174 |
What 1st 2nd Mortgage Company of N.j. lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most 1st 2nd Mortgage Company of N.j. applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bergen County | 48 | 35 | 2 | 4.2% |
| Passaic County | 35 | 24 | 1 | 2.9% |
| Ocean County | 34 | 17 | 3 | 8.8% |
| Essex County | 28 | 20 | 1 | 3.6% |
| Middlesex County | 20 | 12 | 1 | 5.0% |
| Morris County | 20 | 15 | 0 | 0.0% |
| Union County | 14 | 7 | 0 | 0.0% |
| Burlington County | 14 | 10 | 0 | 0.0% |
| Monmouth County | 13 | 11 | 0 | 0.0% |
| Gloucester County | 8 | 6 | 0 | 0.0% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,339 | 16.1% | 6.75% |
| TD Bank | D | 12,532 | 26.2% | 7.49% |
| Bank of America | F | 12,142 | 30.6% | 6.00% |
| Citizens Bank | C | 12,113 | 28.9% | 7.40% |
| Crosscountry Mortgage | B | 12,042 | 5.3% | 6.75% |
| PNC Bank | D | 10,815 | 27.8% | 7.75% |
| United Shore Financial Services | B | 10,552 | 15.3% | 6.38% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 258 applications in 2025, of which 176 were originated and 8 denied.
3.1% of all applications, or 4.4% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans 1st 2nd Mortgage Company of N.j. originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are 1st 2nd Mortgage Company of N.j.'s own HMDA filing for properties located in New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology