Amboy Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
77th16.6% deniedProcesswithdrawn + incomplete share, weight 15%
84th6.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 400 | 298 | 15.5% | 15.9% | — | $150M |
| 2024 | 423 | 300 | 17.3% | 18.6% | — | $40M |
| 2025 | 417 | 316 | 15.6% | 16.6% | — | $83M |
What Amboy 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
By loan type
Also: 338 home-equity lines, 67 reverse mortgages, 0 manufactured homes, 11 investment properties.
Who gets approved at Amboy Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 57 | 41 | 18.2% |
| $50k – $100k | 123 | 91 | 22.0% |
| $100k – $150k | 99 | 70 | 18.7% |
| $150k – $250k | 90 | 72 | 11.0% |
| Over $250k | 32 | 28 | 6.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 37 | 32 | 8.3% |
| 45–54 | 52 | 41 | 15.7% |
| 55–64 | 89 | 63 | 18.8% |
| 65–74 | 111 | 76 | 25.0% |
| Over 74 | 101 | 81 | 12.5% |
Where Amboy Bank lends
1 states and 15 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Jersey | 417 | 316 | 15.6% | — | #136 |
Frequently asked questions
Amboy Bank denied 16.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 77th percentile of home-equity (HELOC) lenders.
In 2025, 7% of its applications were for home purchases, 32% for refinancing (including cash-out), and 61% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% 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.