Filo Mortgage in New Jersey vs the state
5.1%Denial rate-12.61 pts vs state
9.7%Decision denial rate-13.37 pts vs state
42.4%Origination rate-13.31 pts vs state
6.38%Median rate-0.38 pts vs state
-0.02Rate spread (pts)-0.31 pts vs state
$175kMedian applicant income
75Loans originated
9Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 135 | 41 | 5.9% | 6.25% | #215 |
| 2024 | 100 | 50 | 1.0% | 6.62% | #254 |
| 2025 | 177 | 75 | 5.1% | 6.38% | #207 |
What Filo Mortgage lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Filo Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Camden County | 22 | 16 | 0 | 0.0% |
| Middlesex County | 21 | 2 | 0 | 0.0% |
| Essex County | 18 | 10 | 0 | 0.0% |
| Morris County | 14 | 2 | 0 | 0.0% |
| Burlington County | 13 | 8 | 0 | 0.0% |
| Hudson County | 11 | 3 | 2 | 18.2% |
| Cape May County | 11 | 6 | 2 | 18.2% |
| Gloucester County | 10 | 6 | 0 | 0.0% |
| Somerset County | 10 | 3 | 0 | 0.0% |
| Monmouth County | 9 | 3 | 2 | 22.2% |
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: 177 applications in 2025, of which 75 were originated and 9 denied.
5.1% of all applications, or 9.7% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Filo Mortgage originated in New Jersey in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are Filo Mortgage'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