Ark Mortgage in New Jersey vs the state
2.3%Denial rate-15.43 pts vs state
3.1%Decision denial rate-19.97 pts vs state
67.4%Origination rate+11.74 pts vs state
7.25%Median rate+0.50 pts vs state
0.76Rate spread (pts)+0.48 pts vs state
$15kMedian applicant income
358Loans originated
12Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 360 | 212 | 1.4% | 7.13% | #117 |
| 2024 | 477 | 327 | 2.7% | 7.50% | #105 |
| 2025 | 531 | 358 | 2.3% | 7.25% | #112 |
What Ark Mortgage lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Ark Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ocean County | 280 | 192 | 5 | 1.8% |
| Monmouth County | 76 | 54 | 4 | 5.3% |
| Mercer County | 62 | 48 | 0 | 0.0% |
| Union County | 32 | 22 | 1 | 3.1% |
| Essex County | 16 | 7 | 0 | 0.0% |
| Bergen County | 10 | 5 | 0 | 0.0% |
| Hudson County | 10 | 4 | 0 | 0.0% |
| Burlington County | 9 | 6 | 0 | 0.0% |
| Passaic County | 6 | 3 | 0 | 0.0% |
| Atlantic County | 5 | 2 | 1 | 20.0% |
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: 531 applications in 2025, of which 358 were originated and 12 denied.
2.3% of all applications, or 3.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Ark Mortgage originated in New Jersey in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are Ark 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