Broker Solutions in New Jersey vs the state
9.7%Denial rate-7.98 pts vs state
21.5%Decision denial rate-1.51 pts vs state
33.9%Origination rate-21.83 pts vs state
6.88%Median rate+0.13 pts vs state
0.65Rate spread (pts)+0.37 pts vs state
$118kMedian applicant income
1,346Loans originated
386Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,418 | 436 | 12.2% | 6.88% | #44 |
| 2024 | 2,965 | 956 | 15.4% | 6.99% | #22 |
| 2025 | 3,976 | 1,346 | 9.7% | 6.88% | #17 |
What Broker Solutions lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Broker Solutions applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Camden County | 353 | 151 | 34 | 9.6% |
| Essex County | 326 | 96 | 32 | 9.8% |
| Ocean County | 318 | 89 | 35 | 11.0% |
| Middlesex County | 316 | 99 | 32 | 10.1% |
| Burlington County | 288 | 103 | 28 | 9.7% |
| Bergen County | 287 | 88 | 22 | 7.7% |
| Gloucester County | 276 | 134 | 25 | 9.1% |
| Monmouth County | 236 | 77 | 17 | 7.2% |
| Union County | 225 | 71 | 21 | 9.3% |
| Passaic County | 195 | 57 | 25 | 12.8% |
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: 3,976 applications in 2025, of which 1,346 were originated and 386 denied.
9.7% of all applications, or 21.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Broker Solutions originated in New Jersey in 2025 was 6.88%, against a statewide median of 6.75%.
About this data. Figures are Broker Solutions'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