Armed Forces Bank in New Jersey vs the state
25.0%Denial rate+7.31 pts vs state
33.3%Decision denial rate+10.28 pts vs state
50.0%Origination rate-5.68 pts vs state
6.00%Median rate-0.75 pts vs state
-0.51Rate spread (pts)-0.79 pts vs state
$145kMedian applicant income
22Loans originated
11Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 13 | 6 | 15.4% | 6.00% | #493 |
| 2024 | 8 | 5 | 12.5% | 5.75% | #548 |
| 2025 | 44 | 22 | 25.0% | 6.00% | #376 |
What Armed Forces Bank lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Monmouth County | 7 | 4 | 1 | 14.3% |
| Middlesex County | 6 | 2 | 3 | 50.0% |
| Burlington County | 5 | 3 | 1 | 20.0% |
| Union County | 3 | 1 | 1 | 33.3% |
| Ocean County | 3 | 2 | 0 | 0.0% |
| Essex County | 3 | 2 | 0 | 0.0% |
| Atlantic County | 3 | 2 | 0 | 0.0% |
| Gloucester County | 2 | 1 | 0 | 0.0% |
| Warren County | 2 | 0 | 2 | 100.0% |
| Bergen County | 2 | 1 | 1 | 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: 44 applications in 2025, of which 22 were originated and 11 denied.
25.0% of all applications, or 33.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Armed Forces Bank originated in New Jersey in 2025 was 6.00%, against a statewide median of 6.75%.
About this data. Figures are Armed Forces Bank'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