First National Bank of America in New Jersey vs the state
15.5%Denial rate-2.15 pts vs state
19.2%Decision denial rate-3.88 pts vs state
65.5%Origination rate+9.86 pts vs state
8.78%Median rate+2.03 pts vs state
2.72Rate spread (pts)+2.44 pts vs state
$114kMedian applicant income
97Loans originated
23Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 225 | 134 | 21.3% | 9.88% | #169 |
| 2024 | 189 | 124 | 13.8% | 9.50% | #200 |
| 2025 | 148 | 97 | 15.5% | 8.78% | #222 |
What First National Bank of America 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 National Bank of America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cumberland County | 21 | 11 | 5 | 23.8% |
| Camden County | 15 | 10 | 2 | 13.3% |
| Monmouth County | 13 | 9 | 0 | 0.0% |
| Ocean County | 12 | 12 | 0 | 0.0% |
| Burlington County | 11 | 10 | 1 | 9.1% |
| Atlantic County | 10 | 6 | 3 | 30.0% |
| Morris County | 9 | 5 | 2 | 22.2% |
| Mercer County | 8 | 7 | 1 | 12.5% |
| Bergen County | 8 | 3 | 1 | 12.5% |
| Gloucester County | 7 | 5 | 2 | 28.6% |
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: 148 applications in 2025, of which 97 were originated and 23 denied.
15.5% of all applications, or 19.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans First National Bank of America originated in New Jersey in 2025 was 8.78%, against a statewide median of 6.75%.
About this data. Figures are First National Bank of America'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