American Heritage Lending · New Jersey · 2025

American Heritage Lending in New Jersey: approval rate, denial rate and rates (2025)

American Heritage Lending took 313 mortgage applications in New Jersey in 2025, ranking #162 of 883 lenders active in the state. It originated 49.8% of them and denied 6.7% (9.1% of the applications it decided), against a statewide denial rate of 17.7%.

313Applicationsin NJ
9.1%Decision denial ratestate 23.1%
7.38%Median ratestate 6.75%
$465,000Median loanstate $295,000
$76MVolume20 counties

American Heritage Lending in New Jersey vs the state

6.7%Denial rate-10.98 pts vs state
9.1%Decision denial rate-13.96 pts vs state
49.8%Origination rate-5.84 pts vs state
7.38%Median rate+0.63 pts vs state
1.33Rate spread (pts)+1.05 pts vs state
$260kMedian applicant income
156Loans originated
21Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023127707.9%8.88%#221
202422811212.3%7.69%#181
20253131566.7%7.38%#162

What American Heritage Lending lends in New Jersey

By loan purpose

Home purchase 130 42% · 7.7% denied
Refinance 41 13% · 4.9% denied
Cash-out refinance 142 45% · 6.3% denied

By loan type

Conventional 313 100% · 6.7% denied

Why it denied New Jersey applicants

Other 15 71%
Collateral 4 19%
Debt-to-income ratio 2 10%

Where in New Jersey

Counties with the most American Heritage Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hudson County 41242 4.9%
Essex County 39212 5.1%
Monmouth County 27122 7.4%
Bergen County 2574 16.0%
Morris County 23121 4.3%
Union County 21101 4.8%
Atlantic County 19100 0.0%
Camden County 1650 0.0%
Middlesex County 1680 0.0%
Passaic County 1452 14.3%

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: 313 applications in 2025, of which 156 were originated and 21 denied.

6.7% of all applications, or 9.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans American Heritage Lending originated in New Jersey in 2025 was 7.38%, against a statewide median of 6.75%.

About this data. Figures are American Heritage Lending'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