American Financial Resources in New Jersey vs the state
7.2%Denial rate-10.50 pts vs state
9.6%Decision denial rate-13.50 pts vs state
66.4%Origination rate+10.75 pts vs state
6.38%Median rate-0.38 pts vs state
0.32Rate spread (pts)+0.04 pts vs state
$138kMedian applicant income
277Loans originated
30Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 107 | 53 | 14.0% | 6.75% | #242 |
| 2024 | 187 | 122 | 6.4% | 6.75% | #201 |
| 2025 | 417 | 277 | 7.2% | 6.38% | #137 |
What American Financial Resources 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 Resources applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 39 | 29 | 1 | 2.6% |
| Essex County | 39 | 22 | 3 | 7.7% |
| Ocean County | 36 | 24 | 2 | 5.6% |
| Union County | 31 | 21 | 4 | 12.9% |
| Burlington County | 27 | 18 | 2 | 7.4% |
| Morris County | 26 | 17 | 1 | 3.8% |
| Passaic County | 26 | 18 | 2 | 7.7% |
| Bergen County | 25 | 15 | 3 | 12.0% |
| Hudson County | 24 | 19 | 1 | 4.2% |
| Camden County | 24 | 16 | 2 | 8.3% |
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: 417 applications in 2025, of which 277 were originated and 30 denied.
7.2% of all applications, or 9.6% 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 Resources originated in New Jersey in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are American Financial Resources'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