Acre Mortgage & Financial · New Jersey · 2025

Acre Mortgage & Financial in New Jersey: approval rate, denial rate and rates (2025)

Acre Mortgage & Financial took 419 mortgage applications in New Jersey in 2025, ranking #134 of 883 lenders active in the state. It originated 79.7% of them and denied 1.0% (1.2% of the applications it decided), against a statewide denial rate of 17.7%.

419Applicationsin NJ
1.2%Decision denial ratestate 23.1%
6.63%Median ratestate 6.75%
$295,000Median loanstate $295,000
$109MVolume20 counties

Acre Mortgage & Financial in New Jersey vs the state

1.0%Denial rate-16.74 pts vs state
1.2%Decision denial rate-21.87 pts vs state
79.7%Origination rate+24.03 pts vs state
6.63%Median rate-0.13 pts vs state
0.50Rate spread (pts)+0.22 pts vs state
$101kMedian applicant income
334Loans originated
4Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234082942.2%6.99%#108
20244463384.3%6.75%#111
20254193341.0%6.63%#134

What Acre Mortgage & Financial lends in New Jersey

By loan purpose

Home purchase 345 82% · 1.2% denied
Refinance 25 6% · 0.0% denied
Cash-out refinance 49 12% · 0.0% denied

By loan type

Conventional 203 48% · 1.0% denied
FHA 186 44% · 0.5% denied
VA 27 6% · 3.7% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 2 50%
Collateral 2 50%

Where in New Jersey

Counties with the most Acre Mortgage & Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Camden County 115903 2.6%
Burlington County 106921 0.9%
Gloucester County 59500 0.0%
Cumberland County 31230 0.0%
Salem County 22160 0.0%
Atlantic County 20170 0.0%
Monmouth County 1160 0.0%
Mercer County 1060 0.0%
Cape May County 970 0.0%
Ocean County 860 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: 419 applications in 2025, of which 334 were originated and 4 denied.

1.0% of all applications, or 1.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Acre Mortgage & Financial originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Acre Mortgage & Financial'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