First Community Mortgage · New Jersey · 2025

First Community Mortgage in New Jersey: approval rate, denial rate and rates (2025)

First Community Mortgage took 49 mortgage applications in New Jersey in 2025, ranking #355 of 883 lenders active in the state. It originated 67.4% of them and denied 12.2% (15.0% of the applications it decided), against a statewide denial rate of 17.7%.

49Applicationsin NJ
15.0%Decision denial ratestate 23.1%
6.49%Median ratestate 6.75%
$365,000Median loanstate $295,000
$15MVolume18 counties

First Community Mortgage in New Jersey vs the state

12.2%Denial rate-5.45 pts vs state
15.0%Decision denial rate-8.05 pts vs state
67.4%Origination rate+11.67 pts vs state
6.49%Median rate-0.26 pts vs state
0.28Rate spread (pts)0.00 pts vs state
$145kMedian applicant income
33Loans originated
6Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202310910.0%7.00%#524
202458438.6%6.63%#326
2025493312.2%6.49%#355

What First Community Mortgage lends in New Jersey

By loan purpose

Home purchase 30 61% · 10.0% denied
Refinance 7 14% · 14.3% denied
Cash-out refinance 11 22% · 18.2% denied
Home improvement 1 2% · 0.0% denied

By loan type

Conventional 37 76% · 13.5% denied
FHA 12 24% · 8.3% denied

Why it denied New Jersey applicants

Debt-to-income ratio 3 50%
Collateral 2 33%
Other 1 17%

Where in New Jersey

Counties with the most First Community Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 650 0.0%
Atlantic County 660 0.0%
Morris County 621 16.7%
Union County 430 0.0%
Camden County 430 0.0%
Monmouth County 312 66.7%
Middlesex County 311 33.3%
Passaic County 220 0.0%
Hunterdon County 210 0.0%
Cape May County 220 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: 49 applications in 2025, of which 33 were originated and 6 denied.

12.2% of all applications, or 15.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans First Community Mortgage originated in New Jersey in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are First Community 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