American Financing in New Jersey vs the state
41.4%Denial rate+23.72 pts vs state
60.9%Decision denial rate+37.87 pts vs state
18.2%Origination rate-37.45 pts vs state
5.99%Median rate-0.76 pts vs state
0.04Rate spread (pts)-0.24 pts vs state
$107kMedian applicant income
70Loans originated
159Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 215 | 33 | 40.9% | 6.38% | #177 |
| 2024 | 286 | 41 | 61.9% | 6.13% | #156 |
| 2025 | 384 | 70 | 41.4% | 5.99% | #141 |
What American Financing 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 Financing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ocean County | 41 | 5 | 16 | 39.0% |
| Bergen County | 32 | 7 | 12 | 37.5% |
| Camden County | 27 | 3 | 14 | 51.9% |
| Monmouth County | 27 | 6 | 8 | 29.6% |
| Middlesex County | 26 | 7 | 10 | 38.5% |
| Burlington County | 22 | 6 | 4 | 18.2% |
| Morris County | 21 | 5 | 4 | 19.0% |
| Essex County | 21 | 3 | 10 | 47.6% |
| Union County | 19 | 2 | 13 | 68.4% |
| Hudson County | 18 | 2 | 9 | 50.0% |
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: 384 applications in 2025, of which 70 were originated and 159 denied.
41.4% of all applications, or 60.9% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans American Financing originated in New Jersey in 2025 was 5.99%, against a statewide median of 6.75%.
About this data. Figures are American Financing'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