First Colony Mortgage in New Jersey vs the state
7.0%Denial rate-10.66 pts vs state
8.5%Decision denial rate-14.56 pts vs state
62.6%Origination rate+6.96 pts vs state
6.63%Median rate-0.13 pts vs state
0.19Rate spread (pts)-0.09 pts vs state
$132kMedian applicant income
570Loans originated
64Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 291 | 189 | 6.2% | 6.50% | #153 |
| 2025 | 910 | 570 | 7.0% | 6.63% | #66 |
What First Colony 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 First Colony Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Union County | 101 | 65 | 9 | 8.9% |
| Ocean County | 94 | 55 | 7 | 7.4% |
| Essex County | 90 | 57 | 6 | 6.7% |
| Middlesex County | 83 | 49 | 12 | 14.5% |
| Bergen County | 79 | 47 | 7 | 8.9% |
| Passaic County | 69 | 49 | 4 | 5.8% |
| Hudson County | 67 | 42 | 4 | 6.0% |
| Morris County | 62 | 39 | 1 | 1.6% |
| Monmouth County | 53 | 35 | 3 | 5.7% |
| Somerset County | 45 | 26 | 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: 910 applications in 2025, of which 570 were originated and 64 denied.
7.0% of all applications, or 8.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans First Colony Mortgage originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are First Colony 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