Bpl Mortgage Trust · New Jersey · 2025

Bpl Mortgage Trust in New Jersey: approval rate, denial rate and rates (2025)

Bpl Mortgage Trust took 478 mortgage applications in New Jersey in 2025, ranking #122 of 883 lenders active in the state. It originated 67.2% of them and denied 13.2% (14.2% of the applications it decided), against a statewide denial rate of 17.7%.

478Applicationsin NJ
14.2%Decision denial ratestate 23.1%
7.50%Median ratestate 6.75%
$385,000Median loanstate $295,000
$137MVolume20 counties

Bpl Mortgage Trust in New Jersey vs the state

13.2%Denial rate-4.51 pts vs state
14.2%Decision denial rate-8.89 pts vs state
67.2%Origination rate+11.47 pts vs state
7.50%Median rate+0.75 pts vs state
Rate spread (pts)
Median applicant income
321Loans originated
63Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234443183.6%8.13%#103
20243952789.6%7.75%#121
202547832113.2%7.50%#122

What Bpl Mortgage Trust lends in New Jersey

By loan purpose

Home purchase 161 34% · 14.3% denied
Refinance 104 22% · 17.3% denied
Cash-out refinance 213 45% · 10.3% denied

By loan type

Conventional 478 100% · 13.2% denied

Why it denied New Jersey applicants

Other 29 46%
Unverifiable information 17 27%
Collateral 10 16%
Credit history 4 6%
Incomplete application 3 5%

Where in New Jersey

Counties with the most Bpl Mortgage Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 1288121 16.4%
Mercer County 46382 4.3%
Union County 39286 15.4%
Camden County 31203 9.7%
Monmouth County 31262 6.5%
Atlantic County 29184 13.8%
Ocean County 27164 14.8%
Gloucester County 24182 8.3%
Passaic County 20114 20.0%
Cumberland County 19133 15.8%

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: 478 applications in 2025, of which 321 were originated and 63 denied.

13.2% of all applications, or 14.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Bpl Mortgage Trust originated in New Jersey in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are Bpl Mortgage Trust'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