Customers Bank · New Jersey · 2025

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

Customers Bank took 17 mortgage applications in New Jersey in 2025, ranking #475 of 883 lenders active in the state. It originated 64.7% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 17.7%.

17Applicationsin NJ
0.0%Decision denial ratestate 23.1%
6.26%Median ratestate 6.75%
$2,625,000Median loanstate $295,000
$133MVolume9 counties

Customers Bank 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
64.7%Origination rate+9.03 pts vs state
6.26%Median rate-0.49 pts vs state
-0.20Rate spread (pts)-0.48 pts vs state
$246kMedian applicant income
11Loans originated
0Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202315116.7%6.75%#481
202418170.0%6.00%#458
202517110.0%6.26%#475

What Customers Bank lends in New Jersey

By loan purpose

Home purchase 5 29% · 0.0% denied
Refinance 5 29% · 0.0% denied
Cash-out refinance 6 35% · 0.0% denied
Other / HELOC 1 6% · 0.0% denied

By loan type

Conventional 16 94% · 0.0% denied
FHA 1 6% · 0.0% denied

Where in New Jersey

Counties with the most Customers Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hudson County 550 0.0%
Middlesex County 320 0.0%
Ocean County 320 0.0%
Salem County 100 0.0%
Union County 100 0.0%
Cumberland County 110 0.0%
Cape May County 110 0.0%
Camden County 100 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: 17 applications in 2025, of which 11 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 Customers Bank originated in New Jersey in 2025 was 6.26%, against a statewide median of 6.75%.

About this data. Figures are Customers 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