Citadel Servicing · New Jersey · 2025

Citadel Servicing in New Jersey: approval rate, denial rate and rates (2025)

Citadel Servicing took 485 mortgage applications in New Jersey in 2025, ranking #121 of 883 lenders active in the state. It originated 57.3% of them and denied 2.9% (3.3% of the applications it decided), against a statewide denial rate of 17.7%.

485Applicationsin NJ
3.3%Decision denial ratestate 23.1%
7.63%Median ratestate 6.75%
$445,000Median loanstate $295,000
$149MVolume21 counties

Citadel Servicing in New Jersey vs the state

2.9%Denial rate-14.80 pts vs state
3.3%Decision denial rate-19.79 pts vs state
57.3%Origination rate+1.64 pts vs state
7.63%Median rate+0.88 pts vs state
1.15Rate spread (pts)+0.86 pts vs state
$237kMedian applicant income
278Loans originated
14Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232541474.3%9.00%#155
20243051665.6%8.50%#146
20254852782.9%7.63%#121

What Citadel Servicing lends in New Jersey

By loan purpose

Home purchase 222 46% · 2.3% denied
Refinance 46 9% · 2.2% denied
Cash-out refinance 217 45% · 3.7% denied

By loan type

Conventional 485 100% · 2.9% denied

Why it denied New Jersey applicants

Other 9 64%
Credit history 2 14%
Collateral 2 14%
Unverifiable information 1 7%

Where in New Jersey

Counties with the most Citadel Servicing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 72341 1.4%
Ocean County 64430 0.0%
Monmouth County 60350 0.0%
Bergen County 59372 3.4%
Hudson County 36190 0.0%
Passaic County 31162 6.5%
Union County 23120 0.0%
Mercer County 18140 0.0%
Middlesex County 17150 0.0%
Burlington County 1660 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: 485 applications in 2025, of which 278 were originated and 14 denied.

2.9% of all applications, or 3.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Citadel Servicing originated in New Jersey in 2025 was 7.63%, against a statewide median of 6.75%.

About this data. Figures are Citadel Servicing'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