Encompass Lending Group · New Jersey · 2025

Encompass Lending Group in New Jersey: approval rate, denial rate and rates (2025)

Encompass Lending Group took 8 mortgage applications in New Jersey in 2025, ranking #555 of 883 lenders active in the state. It originated 62.5% of them and denied 25.0% (28.6% of the applications it decided), against a statewide denial rate of 17.7%.

8Applicationsin NJ
28.6%Decision denial ratestate 23.1%
6.63%Median ratestate 6.75%
$290,000Median loanstate $295,000
$1.3MVolume4 counties

Encompass Lending Group in New Jersey vs the state

25.0%Denial rate+7.31 pts vs state
28.6%Decision denial rate+5.52 pts vs state
62.5%Origination rate+6.82 pts vs state
6.63%Median rate-0.13 pts vs state
0.43Rate spread (pts)+0.14 pts vs state
$129kMedian applicant income
5Loans originated
2Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023870.0%6.50%#557
20241199.1%6.88%#524
20258525.0%6.63%#555

What Encompass Lending Group lends in New Jersey

By loan purpose

Home purchase 7 88% · 28.6% denied
Cash-out refinance 1 13% · 0.0% denied

By loan type

Conventional 6 75% · 33.3% denied
FHA 2 25% · 0.0% denied

Why it denied New Jersey applicants

Collateral 1 50%
Insufficient cash 1 50%

Where in New Jersey

Counties with the most Encompass Lending Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ocean County 321 33.3%
Monmouth County 220 0.0%
Burlington County 211 50.0%
Essex 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: 8 applications in 2025, of which 5 were originated and 2 denied.

25.0% of all applications, or 28.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Encompass Lending Group originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Encompass Lending Group'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