ConnectOne Bank · New Jersey · 2025

ConnectOne Bank in New Jersey: approval rate, denial rate and rates (2025)

ConnectOne Bank took 104 mortgage applications in New Jersey in 2025, ranking #260 of 883 lenders active in the state. It originated 78.9% of them and denied 5.8% (6.7% of the applications it decided), against a statewide denial rate of 17.7%.

104Applicationsin NJ
6.7%Decision denial ratestate 23.1%
Median ratestate 6.75%
$840,000Median loanstate $295,000
$258MVolume16 counties

ConnectOne Bank in New Jersey vs the state

5.8%Denial rate-11.92 pts vs state
6.7%Decision denial rate-16.38 pts vs state
78.9%Origination rate+23.17 pts vs state
Median rate
Rate spread (pts)
$183kMedian applicant income
82Loans originated
6Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202358398.6%#316
2024644712.5%#316
2025104825.8%#260

What ConnectOne Bank lends in New Jersey

By loan purpose

Home purchase 53 51% · 1.9% denied
Refinance 36 35% · 5.6% denied
Cash-out refinance 6 6% · 33.3% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 8 8% · 12.5% denied

By loan type

Conventional 104 100% · 5.8% denied

Where in New Jersey

Counties with the most ConnectOne Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bergen County 48335 10.4%
Hudson County 18180 0.0%
Essex County 860 0.0%
Union County 621 16.7%
Somerset County 550 0.0%
Passaic County 550 0.0%
Ocean County 330 0.0%
Morris County 220 0.0%
Camden County 220 0.0%
Mercer County 100 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 82 were originated and 6 denied.

5.8% of all applications, or 6.7% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are ConnectOne Bank'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