1st Priority Mortgage · New Jersey · 2025

1st Priority Mortgage in New Jersey: approval rate, denial rate and rates (2025)

1st Priority Mortgage took 83 mortgage applications in New Jersey in 2025, ranking #289 of 883 lenders active in the state. It originated 73.5% of them and denied 2.4% (3.0% of the applications it decided), against a statewide denial rate of 17.7%.

83Applicationsin NJ
3.0%Decision denial ratestate 23.1%
6.50%Median ratestate 6.75%
$505,000Median loanstate $295,000
$31MVolume11 counties

1st Priority Mortgage in New Jersey vs the state

2.4%Denial rate-15.28 pts vs state
3.0%Decision denial rate-20.02 pts vs state
73.5%Origination rate+17.81 pts vs state
6.50%Median rate-0.25 pts vs state
0.13Rate spread (pts)-0.15 pts vs state
$165kMedian applicant income
61Loans originated
2Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202485552.4%6.63%#273
202583612.4%6.50%#289

What 1st Priority Mortgage lends in New Jersey

By loan purpose

Home purchase 75 90% · 1.3% denied
Refinance 6 7% · 16.7% denied
Cash-out refinance 1 1% · 0.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 78 94% · 2.6% denied
FHA 4 5% · 0.0% denied
VA 1 1% · 0.0% denied

Why it denied New Jersey applicants

Collateral 1 50%
Credit history 1 50%

Where in New Jersey

Counties with the most 1st Priority Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bergen County 31220 0.0%
Passaic County 14110 0.0%
Sussex County 980 0.0%
Hudson County 861 12.5%
Essex County 740 0.0%
Morris County 540 0.0%
Middlesex County 320 0.0%
Monmouth County 211 50.0%
Camden County 210 0.0%
Burlington County 110 0.0%

Other large lenders in New Jersey

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,33916.1%6.75%
TD BankD 12,53226.2%7.49%
Bank of AmericaF 12,14230.6%6.00%
Citizens BankC 12,11328.9%7.40%
Crosscountry MortgageB 12,0425.3%6.75%
PNC BankD 10,81527.8%7.75%
United Shore Financial ServicesB 10,55215.3%6.38%
Guaranteed RateB 8,6435.5%6.58%
NewrezD 6,53522.5%6.99%
Loandepot.ComD 6,49115.3%6.63%

Frequently asked questions

New Jersey: 83 applications in 2025, of which 61 were originated and 2 denied.

2.4% of all applications, or 3.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans 1st Priority Mortgage originated in New Jersey in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are 1st Priority Mortgage'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