BayCoast Bank · New Jersey · 2025

BayCoast Bank in New Jersey: approval rate, denial rate and rates (2025)

BayCoast Bank took 7 mortgage applications in New Jersey in 2025, ranking #571 of 883 lenders active in the state. It originated 71.4% of them and denied 14.3% (16.7% of the applications it decided), against a statewide denial rate of 17.7%.

7Applicationsin NJ
16.7%Decision denial ratestate 23.1%
8.25%Median ratestate 6.75%
$65,000Median loanstate $295,000
$315kVolume4 counties

BayCoast Bank in New Jersey vs the state

14.3%Denial rate-3.40 pts vs state
16.7%Decision denial rate-6.38 pts vs state
71.4%Origination rate+15.75 pts vs state
8.25%Median rate+1.50 pts vs state
3.26Rate spread (pts)+2.98 pts vs state
$60kMedian applicant income
5Loans originated
1Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023251716.0%7.75%#420
202414528.6%8.50%#493
20257514.3%8.25%#571

What BayCoast Bank lends in New Jersey

By loan purpose

Home purchase 6 86% · 16.7% denied
Other / HELOC 1 14% · 0.0% denied

By loan type

Conventional 7 100% · 14.3% denied

Why it denied New Jersey applicants

Credit history 1 100%

Where in New Jersey

Counties with the most BayCoast Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monmouth County 330 0.0%
Cumberland County 220 0.0%
Atlantic County 100 0.0%
Ocean County 101 100.0%

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: 7 applications in 2025, of which 5 were originated and 1 denied.

14.3% of all applications, or 16.7% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans BayCoast Bank originated in New Jersey in 2025 was 8.25%, against a statewide median of 6.75%.

About this data. Figures are BayCoast 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