Embrace Home Loans in New Jersey vs the state
2.6%Denial rate-15.09 pts vs state
3.0%Decision denial rate-20.09 pts vs state
82.1%Origination rate+26.37 pts vs state
6.50%Median rate-0.25 pts vs state
0.06Rate spread (pts)-0.22 pts vs state
$198kMedian applicant income
599Loans originated
19Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 639 | 389 | 6.0% | 6.63% | #79 |
| 2024 | 706 | 521 | 4.5% | 6.88% | #82 |
| 2025 | 730 | 599 | 2.6% | 6.50% | #89 |
What Embrace Home Loans lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Embrace Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Somerset County | 179 | 150 | 0 | 0.0% |
| Morris County | 104 | 83 | 1 | 1.0% |
| Essex County | 96 | 80 | 2 | 2.1% |
| Union County | 55 | 49 | 2 | 3.6% |
| Middlesex County | 50 | 35 | 6 | 12.0% |
| Hunterdon County | 41 | 33 | 1 | 2.4% |
| Monmouth County | 39 | 33 | 2 | 5.1% |
| Bergen County | 38 | 33 | 0 | 0.0% |
| Ocean County | 32 | 25 | 2 | 6.3% |
| Mercer County | 20 | 15 | 2 | 10.0% |
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: 730 applications in 2025, of which 599 were originated and 19 denied.
2.6% of all applications, or 3.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Embrace Home Loans originated in New Jersey in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are Embrace Home Loans'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