Fifth Third Bank · New Jersey · 2025

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

Fifth Third Bank took 53 mortgage applications in New Jersey in 2025, ranking #346 of 883 lenders active in the state. It originated 47.2% of them and denied 18.9% (28.6% of the applications it decided), against a statewide denial rate of 17.7%.

53Applicationsin NJ
28.6%Decision denial ratestate 23.1%
6.25%Median ratestate 6.75%
$485,000Median loanstate $295,000
$19MVolume17 counties

Fifth Third Bank in New Jersey vs the state

18.9%Denial rate+1.18 pts vs state
28.6%Decision denial rate+5.52 pts vs state
47.2%Origination rate-8.51 pts vs state
6.25%Median rate-0.50 pts vs state
0.05Rate spread (pts)-0.23 pts vs state
$200kMedian applicant income
25Loans originated
10Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023431218.6%6.69%#354
2024632815.9%6.13%#320
2025532518.9%6.25%#346

What Fifth Third Bank lends in New Jersey

By loan purpose

Home purchase 26 49% · 15.4% denied
Refinance 6 11% · 0.0% denied
Cash-out refinance 21 40% · 28.6% denied

By loan type

Conventional 41 77% · 14.6% denied
FHA 10 19% · 30.0% denied
VA 1 2% · 0.0% denied
USDA / RHS 1 2% · 100.0% denied

Why it denied New Jersey applicants

Credit history 5 50%
Incomplete application 3 30%
Debt-to-income ratio 2 20%

Where in New Jersey

Counties with the most Fifth Third Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monmouth County 852 25.0%
Bergen County 641 16.7%
Hudson County 631 16.7%
Middlesex County 511 20.0%
Morris County 420 0.0%
Camden County 311 33.3%
Cape May County 310 0.0%
Essex County 312 66.7%
Atlantic County 210 0.0%
Passaic County 210 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: 53 applications in 2025, of which 25 were originated and 10 denied.

18.9% 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 Fifth Third Bank originated in New Jersey in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are Fifth Third 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