Franklin Bank in New Jersey vs the state
29.2%Denial rate+11.51 pts vs state
32.0%Decision denial rate+8.99 pts vs state
62.0%Origination rate+6.27 pts vs state
—Median rate
—Rate spread (pts)
$113kMedian applicant income
70Loans originated
33Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 156 | 91 | 21.8% | — | #195 |
| 2024 | 130 | 82 | 21.5% | — | #232 |
| 2025 | 113 | 70 | 29.2% | — | #255 |
What Franklin Bank lends in New Jersey
By loan purpose
By loan type
Where in New Jersey
Counties with the most Franklin Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salem County | 46 | 24 | 17 | 37.0% |
| Gloucester County | 38 | 26 | 7 | 18.4% |
| Cape May County | 14 | 9 | 5 | 35.7% |
| Atlantic County | 5 | 4 | 1 | 20.0% |
| Camden County | 3 | 3 | 0 | 0.0% |
| Cumberland County | 3 | 2 | 1 | 33.3% |
| Burlington County | 2 | 2 | 0 | 0.0% |
| Bergen County | 1 | 0 | 1 | 100.0% |
| Somerset County | 1 | 0 | 1 | 100.0% |
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: 113 applications in 2025, of which 70 were originated and 33 denied.
29.2% of all applications, or 32.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Franklin 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