Gateway First Bank in New Jersey vs the state
4.4%Denial rate-13.29 pts vs state
5.8%Decision denial rate-17.25 pts vs state
70.7%Origination rate+14.97 pts vs state
6.63%Median rate-0.13 pts vs state
0.29Rate spread (pts)0.00 pts vs state
$100kMedian applicant income
337Loans originated
21Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,317 | 915 | 5.0% | 6.75% | #49 |
| 2024 | 1,081 | 769 | 5.1% | 6.75% | #53 |
| 2025 | 477 | 337 | 4.4% | 6.63% | #123 |
What Gateway First Bank lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Gateway First Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cumberland County | 64 | 40 | 3 | 4.7% |
| Gloucester County | 60 | 48 | 1 | 1.7% |
| Burlington County | 57 | 42 | 3 | 5.3% |
| Camden County | 46 | 28 | 5 | 10.9% |
| Ocean County | 44 | 33 | 2 | 4.5% |
| Atlantic County | 29 | 23 | 1 | 3.4% |
| Monmouth County | 28 | 17 | 2 | 7.1% |
| Salem County | 27 | 21 | 1 | 3.7% |
| Mercer County | 25 | 21 | 1 | 4.0% |
| Somerset County | 15 | 11 | 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: 477 applications in 2025, of which 337 were originated and 21 denied.
4.4% of all applications, or 5.8% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Gateway First Bank originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Gateway First 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