Fulton Bank · New Jersey · 2025

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

Fulton Bank took 2,094 mortgage applications in New Jersey in 2025, ranking #39 of 883 lenders active in the state. It originated 58.9% of them and denied 27.1% (31.1% of the applications it decided), against a statewide denial rate of 17.7%.

2.1kApplicationsin NJ
31.1%Decision denial ratestate 23.1%
6.49%Median ratestate 6.75%
$205,000Median loanstate $295,000
$594MVolume21 counties

Fulton Bank in New Jersey vs the state

27.1%Denial rate+9.44 pts vs state
31.1%Decision denial rate+8.04 pts vs state
58.9%Origination rate+3.20 pts vs state
6.49%Median rate-0.26 pts vs state
-0.79Rate spread (pts)-1.07 pts vs state
$166kMedian applicant income
1,233Loans originated
568Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,68095927.4%6.38%#35
20241,8681,04929.1%6.49%#37
20252,0941,23327.1%6.49%#39

What Fulton Bank lends in New Jersey

By loan purpose

Home purchase 575 27% · 11.8% denied
Refinance 403 19% · 25.6% denied
Cash-out refinance 41 2% · 19.5% denied
Home improvement 684 33% · 36.3% denied
Other / HELOC 391 19% · 36.1% denied

By loan type

Conventional 2,051 98% · 27.4% denied
FHA 40 2% · 17.5% denied
VA 2 0% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 330 58%
Credit history 119 21%
Collateral 53 9%
Other 50 9%
Unverifiable information 13 2%
Incomplete application 2 0%
Employment history 1 0%

Where in New Jersey

Counties with the most Fulton Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ocean County 32822381 24.7%
Gloucester County 31618487 27.5%
Camden County 20310570 34.5%
Atlantic County 1749058 33.3%
Burlington County 16710042 25.1%
Morris County 1045823 22.1%
Middlesex County 1004840 40.0%
Warren County 824232 39.0%
Monmouth County 80667 8.8%
Mercer County 774819 24.7%

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: 2,094 applications in 2025, of which 1,233 were originated and 568 denied.

27.1% of all applications, or 31.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Fulton Bank originated in New Jersey in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Fulton 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