Bank of Hope in New Jersey vs the state
9.0%Denial rate-8.68 pts vs state
11.0%Decision denial rate-12.06 pts vs state
64.0%Origination rate+8.28 pts vs state
6.13%Median rate-0.63 pts vs state
0.72Rate spread (pts)+0.44 pts vs state
$282kMedian applicant income
71Loans originated
10Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 60 | 34 | 6.7% | 6.75% | #308 |
| 2024 | 82 | 48 | 7.3% | 6.88% | #281 |
| 2025 | 111 | 71 | 9.0% | 6.13% | #256 |
What Bank of Hope lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Bank of Hope applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bergen County | 71 | 42 | 6 | 8.5% |
| Middlesex County | 9 | 7 | 1 | 11.1% |
| Hudson County | 9 | 5 | 1 | 11.1% |
| Essex County | 4 | 3 | 0 | 0.0% |
| Passaic County | 4 | 1 | 2 | 50.0% |
| Union County | 3 | 3 | 0 | 0.0% |
| Mercer County | 3 | 3 | 0 | 0.0% |
| Gloucester County | 2 | 2 | 0 | 0.0% |
| Burlington County | 2 | 1 | 0 | 0.0% |
| Monmouth County | 1 | 1 | 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: 111 applications in 2025, of which 71 were originated and 10 denied.
9.0% of all applications, or 11.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Bank of Hope originated in New Jersey in 2025 was 6.13%, against a statewide median of 6.75%.
About this data. Figures are Bank of Hope'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