Freedom in New Jersey vs the state
20.8%Denial rate+3.06 pts vs state
20.8%Decision denial rate-2.30 pts vs state
79.3%Origination rate+23.57 pts vs state
6.25%Median rate-0.50 pts vs state
0.13Rate spread (pts)-0.15 pts vs state
$141kMedian applicant income
42Loans originated
11Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 72 | 54 | 25.0% | 5.75% | #282 |
| 2024 | 43 | 40 | 7.0% | 6.25% | #363 |
| 2025 | 53 | 42 | 20.8% | 6.25% | #345 |
What Freedom lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Freedom applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Burlington County | 15 | 13 | 2 | 13.3% |
| Camden County | 12 | 11 | 1 | 8.3% |
| Atlantic County | 8 | 6 | 2 | 25.0% |
| Gloucester County | 7 | 5 | 2 | 28.6% |
| Cape May County | 4 | 3 | 1 | 25.0% |
| Monmouth County | 3 | 1 | 2 | 66.7% |
| Middlesex County | 2 | 2 | 0 | 0.0% |
| Mercer County | 2 | 1 | 1 | 50.0% |
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: 53 applications in 2025, of which 42 were originated and 11 denied.
20.8% of all applications, or 20.8% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Freedom originated in New Jersey in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Freedom'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