BoxCar Mortgage in New Jersey vs the state
17.9%Denial rate+0.17 pts vs state
23.3%Decision denial rate+0.21 pts vs state
58.9%Origination rate+3.25 pts vs state
6.62%Median rate-0.13 pts vs state
0.69Rate spread (pts)+0.41 pts vs state
$11,523kMedian applicant income
33Loans originated
10Denied
What BoxCar Mortgage lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most BoxCar Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Passaic County | 12 | 9 | 2 | 16.7% |
| Warren County | 8 | 4 | 3 | 37.5% |
| Middlesex County | 6 | 1 | 0 | 0.0% |
| Essex County | 4 | 1 | 1 | 25.0% |
| Union County | 4 | 2 | 1 | 25.0% |
| Hudson County | 4 | 4 | 0 | 0.0% |
| Sussex County | 4 | 3 | 0 | 0.0% |
| Bergen County | 3 | 3 | 0 | 0.0% |
| Ocean County | 2 | 2 | 0 | 0.0% |
| Morris County | 2 | 2 | 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: 56 applications in 2025, of which 33 were originated and 10 denied.
17.9% of all applications, or 23.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans BoxCar Mortgage originated in New Jersey in 2025 was 6.62%, against a statewide median of 6.75%.
About this data. Figures are BoxCar Mortgage'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