Citibank in New Jersey vs the state
15.6%Denial rate-2.11 pts vs state
23.7%Decision denial rate+0.63 pts vs state
49.0%Origination rate-6.72 pts vs state
6.00%Median rate-0.75 pts vs state
-0.21Rate spread (pts)-0.49 pts vs state
$248kMedian applicant income
707Loans originated
225Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,281 | 827 | 4.0% | 5.63% | #52 |
| 2024 | 1,429 | 721 | 13.3% | 6.25% | #46 |
| 2025 | 1,444 | 707 | 15.6% | 6.00% | #51 |
What Citibank lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Citibank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bergen County | 316 | 162 | 56 | 17.7% |
| Essex County | 230 | 103 | 31 | 13.5% |
| Hudson County | 170 | 83 | 24 | 14.1% |
| Monmouth County | 115 | 55 | 18 | 15.7% |
| Union County | 106 | 68 | 10 | 9.4% |
| Middlesex County | 88 | 35 | 18 | 20.5% |
| Morris County | 86 | 47 | 12 | 14.0% |
| Ocean County | 77 | 43 | 8 | 10.4% |
| Passaic County | 54 | 21 | 11 | 20.4% |
| Somerset County | 52 | 21 | 8 | 15.4% |
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: 1,444 applications in 2025, of which 707 were originated and 225 denied.
15.6% of all applications, or 23.7% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Citibank originated in New Jersey in 2025 was 6.00%, against a statewide median of 6.75%.
About this data. Figures are Citibank'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