Arc Home in New Jersey vs the state
9.2%Denial rate-8.52 pts vs state
12.2%Decision denial rate-10.87 pts vs state
64.2%Origination rate+8.49 pts vs state
7.25%Median rate+0.50 pts vs state
0.88Rate spread (pts)+0.60 pts vs state
$280kMedian applicant income
231Loans originated
33Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 201 | 124 | 15.4% | 7.88% | #182 |
| 2024 | 268 | 166 | 11.2% | 7.63% | #162 |
| 2025 | 360 | 231 | 9.2% | 7.25% | #144 |
What Arc Home lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Arc Home applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bergen County | 65 | 41 | 4 | 6.2% |
| Ocean County | 43 | 25 | 7 | 16.3% |
| Middlesex County | 38 | 25 | 4 | 10.5% |
| Monmouth County | 35 | 24 | 1 | 2.9% |
| Hudson County | 30 | 15 | 2 | 6.7% |
| Essex County | 20 | 14 | 1 | 5.0% |
| Union County | 19 | 13 | 3 | 15.8% |
| Passaic County | 15 | 9 | 3 | 20.0% |
| Morris County | 14 | 9 | 2 | 14.3% |
| Camden County | 11 | 8 | 0 | 0.0% |
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: 360 applications in 2025, of which 231 were originated and 33 denied.
9.2% of all applications, or 12.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Arc Home originated in New Jersey in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are Arc Home'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