Mortgage lender · Mount Laurel, NJ · LEI 54930089Y8VTOF8RPD25

1st Colonial Community Bank review: approval odds, rates and grade (2025)

1st Colonial Community Bank earns a C, in line with the typical performance of small mortgage lenders. It turned down 10.1% of the applications it decided on in 2025, which ranks in the 48th percentile for approval odds. Its median loan was priced 0.18 points above the average prime offer rate, ranking in the 62nd percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

902Applications2025
75.6%Originatedof applications
10.1%Decision denial ratenational 22.6%
6.88%Median ratenational 6.63%
$210MLoan volume8 states

1st Colonial Community Bank at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

8.5%Denial rate (all applications)-9.44 pts vs national
10.1%Denial rate (decided applications)-12.50 pts vs national
75.6%Origination rate+17.58 pts vs national
14.9%Withdrawn by applicant
0.6%Closed for incompleteness
6.88%Median interest rate+0.25 pts vs national
0.18Median rate spread (pts over APOR)-0.07 pts vs national
$265,000Median loan amount
$5,306Median total loan costs
$135kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

48th10.1% denied

Pricingmedian rate spread over APOR, weight 30%

62nd0.18 pts

Processwithdrawn + incomplete share, weight 15%

33rd15.4%

Closing coststotal loan costs ÷ loan amount, weight 10%

47th2.00% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202381461411.7%13.2%7.13%$184M
20248036178.1%9.5%7.38%$172M
20259026828.5%10.1%6.88%$210M

What 1st Colonial Community Bank lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 480 53% · 3.3% denied
Refinance 128 14% · 17.2% denied
Cash-out refinance 43 5% · 7.0% denied
Home improvement 145 16% · 6.2% denied
Other / HELOC 106 12% · 25.5% denied

By loan type

Conventional 792 88% · 8.7% denied
FHA 84 9% · 9.5% denied
VA 26 3% · 0.0% denied

Also: 304 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 62 investment properties.

Why 1st Colonial Community Bank denies applications

Primary reason reported for each of the 77 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 28 36%
Debt-to-income ratio 24 31%
Collateral 14 18%
Other 4 5%
Incomplete application 3 4%
Insufficient cash 2 3%
Unverifiable information 2 3%

How these reasons compare nationally →

Who gets approved at 1st Colonial Community Bank

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k332218.5%
$50k – $100k22116015.7%
$100k – $150k2321757.4%
$150k – $250k2331817.6%
Over $250k1411156.5%
Applicant ageApplicationsOriginatedDecision denial rate
25–342061594.8%
35–442131796.7%
45–5417911718.1%
55–6415111414.2%
65–7469555.2%
Over 74352510.7%

Where 1st Colonial Community Bank lends

8 states and 44 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
New Jersey7135388.3%6.88%#93
Pennsylvania1731329.3%7.03%#299
Florida7514.3%7.25%#1,011

Frequently asked questions

1st Colonial Community Bank denied 10.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 48th percentile of small mortgage lenders.

The most common reason 1st Colonial Community Bank gave in 2025 was "credit history", cited on 36.4% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans 1st Colonial Community Bank originated in 2025 was 6.88%, and its median rate spread over the average prime offer rate was 0.18 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 53% of its applications were for home purchases, 19% for refinancing (including cash-out), and 28% for home improvement or other purposes. By loan type: 88% conventional, 9% FHA, 3% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with 1st Colonial Community Bank. Data sources · Methodology