Calcon Mutual Mortgage · New Jersey · 2025

Calcon Mutual Mortgage in New Jersey: approval rate, denial rate and rates (2025)

Calcon Mutual Mortgage took 53 mortgage applications in New Jersey in 2025, ranking #348 of 883 lenders active in the state. It originated 39.6% of them and denied 13.2% (25.0% of the applications it decided), against a statewide denial rate of 17.7%.

53Applicationsin NJ
25.0%Decision denial ratestate 23.1%
7.25%Median ratestate 6.75%
$425,000Median loanstate $295,000
$10MVolume16 counties

Calcon Mutual Mortgage in New Jersey vs the state

13.2%Denial rate-4.48 pts vs state
25.0%Decision denial rate+1.95 pts vs state
39.6%Origination rate-16.06 pts vs state
7.25%Median rate+0.50 pts vs state
1.13Rate spread (pts)+0.85 pts vs state
$148kMedian applicant income
21Loans originated
7Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023271414.8%7.23%#413
2024321043.8%7.28%#394
2025532113.2%7.25%#348

What Calcon Mutual Mortgage lends in New Jersey

By loan purpose

Home purchase 43 81% · 11.6% denied
Refinance 3 6% · 33.3% denied
Cash-out refinance 4 8% · 25.0% denied
Home improvement 3 6% · 0.0% denied

By loan type

Conventional 44 83% · 9.1% denied
FHA 8 15% · 37.5% denied
VA 1 2% · 0.0% denied

Why it denied New Jersey applicants

Incomplete application 3 43%
Debt-to-income ratio 1 14%
Credit history 1 14%
Insufficient cash 1 14%
Collateral 1 14%

Where in New Jersey

Counties with the most Calcon Mutual Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monmouth County 941 11.1%
Ocean County 822 25.0%
Atlantic County 630 0.0%
Mercer County 611 16.7%
Somerset County 440 0.0%
Bergen County 302 66.7%
Hunterdon County 310 0.0%
Salem County 210 0.0%
Morris County 210 0.0%
Cumberland County 211 50.0%

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: 53 applications in 2025, of which 21 were originated and 7 denied.

13.2% of all applications, or 25.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Calcon Mutual Mortgage originated in New Jersey in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are Calcon Mutual 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