CMG Mortgage · New Jersey · 2025

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

CMG Mortgage took 3,879 mortgage applications in New Jersey in 2025, ranking #18 of 883 lenders active in the state. It originated 58.2% of them and denied 7.0% (9.6% of the applications it decided), against a statewide denial rate of 17.7%.

3.9kApplicationsin NJ
9.6%Decision denial ratestate 23.1%
6.75%Median ratestate 6.75%
$375,000Median loanstate $295,000
$898MVolume21 counties

CMG Mortgage in New Jersey vs the state

7.0%Denial rate-10.73 pts vs state
9.6%Decision denial rate-13.46 pts vs state
58.2%Origination rate+2.51 pts vs state
6.75%Median rate0.00 pts vs state
0.30Rate spread (pts)+0.02 pts vs state
$133kMedian applicant income
2,257Loans originated
270Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,7301,0756.5%7.13%#34
20243,1111,8786.9%6.88%#21
20253,8792,2577.0%6.75%#18

What CMG Mortgage lends in New Jersey

By loan purpose

Home purchase 2,756 71% · 6.2% denied
Refinance 525 14% · 11.8% denied
Cash-out refinance 509 13% · 4.7% denied
Home improvement 5 0% · 0.0% denied
Other / HELOC 84 2% · 15.5% denied

By loan type

Conventional 2,778 72% · 7.0% denied
FHA 726 19% · 6.3% denied
VA 136 4% · 4.4% denied
USDA / RHS 239 6% · 10.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 81 30%
Other 69 26%
Credit history 46 17%
Collateral 30 11%
Unverifiable information 17 6%
Incomplete application 14 5%
Insufficient cash 11 4%
Employment history 2 1%

Where in New Jersey

Counties with the most CMG Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ocean County 44426823 5.2%
Monmouth County 32917921 6.4%
Middlesex County 29516522 7.5%
Bergen County 27816324 8.6%
Burlington County 26218218 6.9%
Essex County 23510521 8.9%
Passaic County 23113017 7.4%
Camden County 22213712 5.4%
Union County 20812214 6.7%
Gloucester County 1951326 3.1%

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: 3,879 applications in 2025, of which 2,257 were originated and 270 denied.

7.0% of all applications, or 9.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

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

About this data. Figures are CMG 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