Firstrust Savings Bank · New Jersey · 2025

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

Firstrust Savings Bank took 152 mortgage applications in New Jersey in 2025, ranking #220 of 883 lenders active in the state. It originated 51.3% of them and denied 30.3% (35.4% of the applications it decided), against a statewide denial rate of 17.7%.

152Applicationsin NJ
35.4%Decision denial ratestate 23.1%
4.99%Median ratestate 6.75%
$205,000Median loanstate $295,000
$28MVolume15 counties

Firstrust Savings Bank in New Jersey vs the state

30.3%Denial rate+12.57 pts vs state
35.4%Decision denial rate+12.33 pts vs state
51.3%Origination rate-4.36 pts vs state
4.99%Median rate-1.76 pts vs state
0.00Rate spread (pts)-0.28 pts vs state
$155kMedian applicant income
78Loans originated
46Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202328215324.5%6.75%#146
20241737942.8%6.00%#207
20251527830.3%4.99%#220

What Firstrust Savings Bank lends in New Jersey

By loan purpose

Home purchase 43 28% · 11.6% denied
Refinance 12 8% · 41.7% denied
Cash-out refinance 12 8% · 8.3% denied
Home improvement 52 34% · 51.9% denied
Other / HELOC 33 22% · 24.2% denied

By loan type

Conventional 150 99% · 30.0% denied
FHA 2 1% · 50.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 26 57%
Credit history 15 33%
Collateral 4 9%
Other 1 2%

Where in New Jersey

Counties with the most Firstrust Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Camden County 462610 21.7%
Burlington County 271410 37.0%
Atlantic County 2698 30.8%
Cape May County 20124 20.0%
Gloucester County 1477 50.0%
Mercer County 421 25.0%
Hunterdon County 311 33.3%
Monmouth County 220 0.0%
Middlesex County 202 100.0%
Salem 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: 152 applications in 2025, of which 78 were originated and 46 denied.

30.3% of all applications, or 35.4% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Firstrust Savings Bank originated in New Jersey in 2025 was 4.99%, against a statewide median of 6.75%.

About this data. Figures are Firstrust 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