Credence Funding in New Jersey vs the state
0.0%Denial rate-17.69 pts vs state
0.0%Decision denial rate-23.05 pts vs state
85.7%Origination rate+30.03 pts vs state
5.63%Median rate-1.13 pts vs state
-0.92Rate spread (pts)-1.20 pts vs state
—Median applicant income
6Loans originated
0Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5 | 4 | 20.0% | 6.06% | #609 |
| 2024 | 13 | 5 | 0.0% | 5.75% | #507 |
| 2025 | 7 | 6 | 0.0% | 5.63% | #565 |
What Credence Funding lends in New Jersey
By loan purpose
By loan type
Where in New Jersey
Counties with the most Credence Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Gloucester County | 3 | 3 | 0 | 0.0% |
| Cumberland County | 2 | 2 | 0 | 0.0% |
| Atlantic County | 1 | 0 | 0 | 0.0% |
| Warren County | 1 | 1 | 0 | 0.0% |
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: 7 applications in 2025, of which 6 were originated and 0 denied.
0.0% of all applications, or 0.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Credence Funding originated in New Jersey in 2025 was 5.63%, against a statewide median of 6.75%.
About this data. Figures are Credence Funding'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