Ameritrust Mortgage · New Jersey · 2025

Ameritrust Mortgage in New Jersey: approval rate, denial rate and rates (2025)

Ameritrust Mortgage took 103 mortgage applications in New Jersey in 2025, ranking #263 of 883 lenders active in the state. It originated 42.7% of them and denied 4.9% (10.2% of the applications it decided), against a statewide denial rate of 17.7%.

103Applicationsin NJ
10.2%Decision denial ratestate 23.1%
7.25%Median ratestate 6.75%
$515,000Median loanstate $295,000
$21MVolume18 counties

Ameritrust Mortgage in New Jersey vs the state

4.9%Denial rate-12.84 pts vs state
10.2%Decision denial rate-12.85 pts vs state
42.7%Origination rate-12.96 pts vs state
7.25%Median rate+0.50 pts vs state
0.81Rate spread (pts)+0.53 pts vs state
$171kMedian applicant income
44Loans originated
5Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333100.0%7.75%#382
202454285.6%7.56%#332
2025103444.9%7.25%#263

What Ameritrust Mortgage lends in New Jersey

By loan purpose

Home purchase 46 45% · 6.5% denied
Refinance 6 6% · 0.0% denied
Cash-out refinance 51 50% · 3.9% denied

By loan type

Conventional 84 82% · 4.8% denied
FHA 16 16% · 6.3% denied
VA 3 3% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 2 40%
Collateral 2 40%
Insufficient cash 1 20%

Where in New Jersey

Counties with the most Ameritrust Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hudson County 17100 0.0%
Essex County 1652 12.5%
Camden County 1030 0.0%
Union County 912 22.2%
Mercer County 880 0.0%
Gloucester County 620 0.0%
Hunterdon County 531 20.0%
Monmouth County 520 0.0%
Bergen County 500 0.0%
Somerset County 510 0.0%

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: 103 applications in 2025, of which 44 were originated and 5 denied.

4.9% of all applications, or 10.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Ameritrust Mortgage originated in New Jersey in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are Ameritrust Mortgage'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