Carnegie Mortgage Partners · New Jersey · 2025

Carnegie Mortgage Partners in New Jersey: approval rate, denial rate and rates (2025)

Carnegie Mortgage Partners took 104 mortgage applications in New Jersey in 2025, ranking #262 of 883 lenders active in the state. It originated 51.9% of them and denied 6.7% (11.5% of the applications it decided), against a statewide denial rate of 17.7%.

104Applicationsin NJ
11.5%Decision denial ratestate 23.1%
6.81%Median ratestate 6.75%
$460,000Median loanstate $295,000
$25MVolume15 counties

Carnegie Mortgage Partners in New Jersey vs the state

6.7%Denial rate-10.96 pts vs state
11.5%Decision denial rate-11.57 pts vs state
51.9%Origination rate-3.76 pts vs state
6.81%Median rate+0.06 pts vs state
0.31Rate spread (pts)+0.03 pts vs state
$168kMedian applicant income
54Loans originated
7Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023132805.3%6.93%#216
202434175.9%6.99%#385
2025104546.7%6.81%#262

What Carnegie Mortgage Partners lends in New Jersey

By loan purpose

Home purchase 86 83% · 2.3% denied
Refinance 10 10% · 30.0% denied
Cash-out refinance 8 8% · 25.0% denied

By loan type

Conventional 104 100% · 6.7% denied

Why it denied New Jersey applicants

Debt-to-income ratio 4 57%
Credit history 2 29%
Unverifiable information 1 14%

Where in New Jersey

Counties with the most Carnegie Mortgage Partners applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bergen County 47261 2.1%
Passaic County 1452 14.3%
Essex County 840 0.0%
Hudson County 731 14.3%
Camden County 440 0.0%
Union County 421 25.0%
Morris County 440 0.0%
Monmouth County 310 0.0%
Burlington County 310 0.0%
Ocean County 210 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: 104 applications in 2025, of which 54 were originated and 7 denied.

6.7% of all applications, or 11.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Carnegie Mortgage Partners originated in New Jersey in 2025 was 6.81%, against a statewide median of 6.75%.

About this data. Figures are Carnegie Mortgage Partners'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