Crosscountry Mortgage · New Jersey · 2025

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

Crosscountry Mortgage took 12,042 mortgage applications in New Jersey in 2025, ranking #5 of 883 lenders active in the state. It originated 62.8% of them and denied 5.3% (7.5% of the applications it decided), against a statewide denial rate of 17.7%.

12kApplicationsin NJ
7.5%Decision denial ratestate 23.1%
6.75%Median ratestate 6.75%
$405,000Median loanstate $295,000
$3.5BVolume21 counties

Crosscountry Mortgage in New Jersey vs the state

5.3%Denial rate-12.44 pts vs state
7.5%Decision denial rate-15.56 pts vs state
62.8%Origination rate+7.08 pts vs state
6.75%Median rate0.00 pts vs state
0.38Rate spread (pts)+0.09 pts vs state
$155kMedian applicant income
7,558Loans originated
632Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237,4294,5552.7%6.88%#7
202410,3246,4263.2%6.83%#4
202512,0427,5585.3%6.75%#5

What Crosscountry Mortgage lends in New Jersey

By loan purpose

Home purchase 7,734 64% · 3.1% denied
Refinance 1,435 12% · 2.2% denied
Cash-out refinance 1,148 10% · 2.4% denied
Home improvement 491 4% · 26.3% denied
Other / HELOC 1,234 10% · 16.6% denied

By loan type

Conventional 9,487 79% · 5.4% denied
FHA 2,174 18% · 4.8% denied
VA 377 3% · 3.5% denied
USDA / RHS 4 0% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 203 32%
Incomplete application 143 23%
Collateral 92 15%
Credit history 68 11%
Other 59 9%
Insufficient cash 37 6%
Unverifiable information 27 4%
Employment history 3 0%

Where in New Jersey

Counties with the most Crosscountry Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monmouth County 1,19078060 5.0%
Hudson County 1,07464157 5.3%
Bergen County 1,05266061 5.8%
Ocean County 93360245 4.8%
Essex County 92454363 6.8%
Middlesex County 88851661 6.9%
Morris County 80448544 5.5%
Camden County 63642020 3.1%
Sussex County 58039321 3.6%
Burlington County 57736627 4.7%

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%
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%
Pennymac Loan ServicesC 6,34312.9%6.62%

Frequently asked questions

New Jersey: 12,042 applications in 2025, of which 7,558 were originated and 632 denied.

5.3% of all applications, or 7.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

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

About this data. Figures are Crosscountry 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