FlexPoint in New Jersey vs the state
2.0%Denial rate-15.67 pts vs state
3.3%Decision denial rate-19.77 pts vs state
36.4%Origination rate-19.32 pts vs state
7.25%Median rate+0.50 pts vs state
0.98Rate spread (pts)+0.69 pts vs state
$207kMedian applicant income
36Loans originated
2Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5 | 1 | 40.0% | 8.50% | #601 |
| 2024 | 16 | 5 | 0.0% | 8.75% | #481 |
| 2025 | 99 | 36 | 2.0% | 7.25% | #266 |
What FlexPoint lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most FlexPoint applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 15 | 5 | 0 | 0.0% |
| Camden County | 13 | 3 | 0 | 0.0% |
| Monmouth County | 11 | 6 | 1 | 9.1% |
| Gloucester County | 8 | 2 | 0 | 0.0% |
| Bergen County | 8 | 1 | 0 | 0.0% |
| Passaic County | 7 | 3 | 1 | 14.3% |
| Burlington County | 5 | 2 | 0 | 0.0% |
| Atlantic County | 5 | 1 | 0 | 0.0% |
| Essex County | 5 | 1 | 0 | 0.0% |
| Ocean County | 4 | 4 | 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: 99 applications in 2025, of which 36 were originated and 2 denied.
2.0% of all applications, or 3.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans FlexPoint originated in New Jersey in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are FlexPoint'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