East Coast Capital in New Jersey vs the state
4.3%Denial rate-13.42 pts vs state
6.4%Decision denial rate-16.68 pts vs state
62.4%Origination rate+6.71 pts vs state
6.88%Median rate+0.13 pts vs state
0.65Rate spread (pts)+0.37 pts vs state
$140kMedian applicant income
146Loans originated
10Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 140 | 87 | 2.1% | 6.75% | #212 |
| 2024 | 190 | 122 | 2.6% | 6.75% | #199 |
| 2025 | 234 | 146 | 4.3% | 6.88% | #184 |
What East Coast Capital lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most East Coast Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Essex County | 32 | 21 | 1 | 3.1% |
| Mercer County | 31 | 23 | 1 | 3.2% |
| Monmouth County | 24 | 18 | 0 | 0.0% |
| Middlesex County | 24 | 14 | 2 | 8.3% |
| Bergen County | 19 | 10 | 2 | 10.5% |
| Ocean County | 14 | 11 | 0 | 0.0% |
| Hudson County | 13 | 7 | 1 | 7.7% |
| Burlington County | 12 | 8 | 0 | 0.0% |
| Passaic County | 12 | 6 | 2 | 16.7% |
| Morris County | 7 | 4 | 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: 234 applications in 2025, of which 146 were originated and 10 denied.
4.3% of all applications, or 6.4% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans East Coast Capital originated in New Jersey in 2025 was 6.88%, against a statewide median of 6.75%.
About this data. Figures are East Coast Capital'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