Bayshore Mortgage Funding · New Jersey · 2025

Bayshore Mortgage Funding in New Jersey: approval rate, denial rate and rates (2025)

Bayshore Mortgage Funding took 114 mortgage applications in New Jersey in 2025, ranking #253 of 883 lenders active in the state. It originated 62.3% of them and denied 4.4% (6.3% of the applications it decided), against a statewide denial rate of 17.7%.

114Applicationsin NJ
6.3%Decision denial ratestate 23.1%
6.88%Median ratestate 6.75%
$445,000Median loanstate $295,000
$36MVolume16 counties

Bayshore Mortgage Funding in New Jersey vs the state

4.4%Denial rate-13.30 pts vs state
6.3%Decision denial rate-16.72 pts vs state
62.3%Origination rate+6.60 pts vs state
6.88%Median rate+0.13 pts vs state
0.44Rate spread (pts)+0.16 pts vs state
$155kMedian applicant income
71Loans originated
5Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023563016.1%6.88%#323
202498588.2%6.99%#258
2025114714.4%6.88%#253

What Bayshore Mortgage Funding lends in New Jersey

By loan purpose

Home purchase 61 54% · 3.3% denied
Refinance 24 21% · 4.2% denied
Cash-out refinance 29 25% · 6.9% denied

By loan type

Conventional 87 76% · 4.6% denied
FHA 25 22% · 4.0% denied
VA 2 2% · 0.0% denied

Why it denied New Jersey applicants

Collateral 2 40%
Insufficient cash 2 40%
Debt-to-income ratio 1 20%

Where in New Jersey

Counties with the most Bayshore Mortgage Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 39231 2.6%
Union County 1271 8.3%
Monmouth County 1180 0.0%
Morris County 11100 0.0%
Bergen County 960 0.0%
Middlesex County 851 12.5%
Ocean County 850 0.0%
Camden County 312 66.7%
Warren County 200 0.0%
Sussex County 220 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: 114 applications in 2025, of which 71 were originated and 5 denied.

4.4% of all applications, or 6.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Bayshore Mortgage Funding originated in New Jersey in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Bayshore Mortgage Funding'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