American Financial Network in New Jersey vs the state
11.4%Denial rate-6.25 pts vs state
16.6%Decision denial rate-6.45 pts vs state
57.2%Origination rate+1.52 pts vs state
6.75%Median rate0.00 pts vs state
0.49Rate spread (pts)+0.21 pts vs state
$118kMedian applicant income
425Loans originated
85Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 879 | 451 | 7.6% | 6.88% | #61 |
| 2024 | 656 | 375 | 8.5% | 6.88% | #87 |
| 2025 | 743 | 425 | 11.4% | 6.75% | #86 |
What American Financial Network lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most American Financial Network applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ocean County | 76 | 52 | 3 | 3.9% |
| Essex County | 70 | 35 | 8 | 11.4% |
| Monmouth County | 57 | 40 | 7 | 12.3% |
| Gloucester County | 55 | 41 | 6 | 10.9% |
| Bergen County | 53 | 31 | 6 | 11.3% |
| Camden County | 51 | 22 | 8 | 15.7% |
| Union County | 46 | 26 | 4 | 8.7% |
| Middlesex County | 45 | 31 | 8 | 17.8% |
| Burlington County | 43 | 23 | 5 | 11.6% |
| Passaic County | 42 | 24 | 5 | 11.9% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,339 | 16.1% | 6.75% |
| TD Bank | D | 12,532 | 26.2% | 7.49% |
| Bank of America | F | 12,142 | 30.6% | 6.00% |
| Citizens Bank | C | 12,113 | 28.9% | 7.40% |
| Crosscountry Mortgage | B | 12,042 | 5.3% | 6.75% |
| PNC Bank | D | 10,815 | 27.8% | 7.75% |
| United Shore Financial Services | B | 10,552 | 15.3% | 6.38% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 743 applications in 2025, of which 425 were originated and 85 denied.
11.4% of all applications, or 16.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans American Financial Network originated in New Jersey in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are American Financial Network'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