Ballston Spa National Bank · New Jersey · 2025

Ballston Spa National Bank in New Jersey: approval rate, denial rate and rates (2025)

Ballston Spa National Bank took 28 mortgage applications in New Jersey in 2025, ranking #416 of 883 lenders active in the state. It originated 53.6% of them and denied 3.6% (4.0% of the applications it decided), against a statewide denial rate of 17.7%.

28Applicationsin NJ
4.0%Decision denial ratestate 23.1%
Median ratestate 6.75%
$90,000Median loanstate $295,000
$1.4MVolume11 counties

Ballston Spa National Bank in New Jersey vs the state

3.6%Denial rate-14.12 pts vs state
4.0%Decision denial rate-19.05 pts vs state
53.6%Origination rate-2.11 pts vs state
Median rate
Rate spread (pts)
$78kMedian applicant income
15Loans originated
1Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024161312.5%#477
202528153.6%#416

What Ballston Spa National Bank lends in New Jersey

By loan purpose

Home purchase 28 100% · 3.6% denied

By loan type

Conventional 28 100% · 3.6% denied

Why it denied New Jersey applicants

Other 1 100%

Where in New Jersey

Counties with the most Ballston Spa National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 951 11.1%
Ocean County 320 0.0%
Cape May County 320 0.0%
Atlantic County 310 0.0%
Camden County 330 0.0%
Monmouth County 200 0.0%
Gloucester County 100 0.0%
Sussex County 100 0.0%
Mercer County 110 0.0%
Warren County 110 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: 28 applications in 2025, of which 15 were originated and 1 denied.

3.6% of all applications, or 4.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Ballston Spa National 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