First Savings Bank · New Jersey · 2025

First Savings Bank in New Jersey: approval rate, denial rate and rates (2025)

First Savings Bank took 23 mortgage applications in New Jersey in 2025, ranking #436 of 883 lenders active in the state. It originated 47.8% of them and denied 39.1% (42.9% of the applications it decided), against a statewide denial rate of 17.7%.

23Applicationsin NJ
42.9%Decision denial ratestate 23.1%
7.23%Median ratestate 6.75%
$385,000Median loanstate $295,000
$4.7MVolume11 counties

First Savings Bank in New Jersey vs the state

39.1%Denial rate+21.44 pts vs state
42.9%Decision denial rate+19.81 pts vs state
47.8%Origination rate-7.85 pts vs state
7.23%Median rate+0.48 pts vs state
0.35Rate spread (pts)+0.06 pts vs state
$135kMedian applicant income
11Loans originated
9Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231448010.4%6.88%#207
202423947.8%7.38%#430
2025231139.1%7.23%#436

What First Savings Bank lends in New Jersey

By loan purpose

Home purchase 2 9% · 50.0% denied
Refinance 7 30% · 28.6% denied
Cash-out refinance 14 61% · 42.9% denied

By loan type

Conventional 23 100% · 39.1% denied

Why it denied New Jersey applicants

Credit history 5 56%
Debt-to-income ratio 3 33%
Incomplete application 1 11%

Where in New Jersey

Counties with the most First Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mercer County 431 25.0%
Somerset County 312 66.7%
Camden County 311 33.3%
Union County 321 33.3%
Bergen County 320 0.0%
Monmouth County 211 50.0%
Atlantic County 101 100.0%
Hudson County 101 100.0%
Burlington County 100 0.0%
Middlesex County 110 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: 23 applications in 2025, of which 11 were originated and 9 denied.

39.1% of all applications, or 42.9% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans First Savings Bank originated in New Jersey in 2025 was 7.23%, against a statewide median of 6.75%.

About this data. Figures are First Savings 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