Affinity · New Jersey · 2025

Affinity in New Jersey: approval rate, denial rate and rates (2025)

Affinity took 2,506 mortgage applications in New Jersey in 2025, ranking #30 of 883 lenders active in the state. It originated 58.9% of them and denied 25.9% (30.0% of the applications it decided), against a statewide denial rate of 17.7%.

2.5kApplicationsin NJ
30.0%Decision denial ratestate 23.1%
4.90%Median ratestate 6.75%
$155,000Median loanstate $295,000
$325MVolume21 counties

Affinity in New Jersey vs the state

25.9%Denial rate+8.25 pts vs state
30.0%Decision denial rate+6.95 pts vs state
58.9%Origination rate+3.22 pts vs state
4.90%Median rate-1.85 pts vs state
-2.28Rate spread (pts)-2.56 pts vs state
$156kMedian applicant income
1,476Loans originated
650Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,52973833.1%8.25%#39
20241,65681334.5%8.50%#41
20252,5061,47625.9%4.90%#30

What Affinity lends in New Jersey

By loan purpose

Home purchase 332 13% · 15.4% denied
Refinance 94 4% · 17.0% denied
Cash-out refinance 806 32% · 27.4% denied
Home improvement 1,018 41% · 26.4% denied
Other / HELOC 256 10% · 36.3% denied

By loan type

Conventional 2,506 100% · 25.9% denied

Why it denied New Jersey applicants

Debt-to-income ratio 361 56%
Credit history 138 21%
Collateral 92 14%
Other 52 8%
Employment history 3 0%
Unverifiable information 3 0%
Incomplete application 1 0%

Where in New Jersey

Counties with the most Affinity applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 420223135 32.1%
Somerset County 40926788 21.5%
Morris County 30620646 15.0%
Union County 23612665 27.5%
Monmouth County 19912952 26.1%
Hunterdon County 18913430 15.9%
Bergen County 1739454 31.2%
Essex County 1426158 40.8%
Ocean County 915325 27.5%
Mercer County 784917 21.8%

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: 2,506 applications in 2025, of which 1,476 were originated and 650 denied.

25.9% of all applications, or 30.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Affinity originated in New Jersey in 2025 was 4.90%, against a statewide median of 6.75%.

About this data. Figures are Affinity'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