General Mortgage Capital in New Jersey vs the state
2.3%Denial rate-15.39 pts vs state
3.1%Decision denial rate-19.95 pts vs state
70.7%Origination rate+15.01 pts vs state
6.25%Median rate-0.50 pts vs state
-0.05Rate spread (pts)-0.33 pts vs state
$190kMedian applicant income
123Loans originated
4Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 75 | 54 | 1.3% | 6.38% | #275 |
| 2024 | 100 | 79 | 2.0% | 6.50% | #255 |
| 2025 | 174 | 123 | 2.3% | 6.25% | #209 |
What General Mortgage Capital lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most General Mortgage Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 39 | 27 | 1 | 2.6% |
| Bergen County | 27 | 17 | 0 | 0.0% |
| Mercer County | 20 | 15 | 0 | 0.0% |
| Essex County | 17 | 13 | 2 | 11.8% |
| Somerset County | 16 | 12 | 0 | 0.0% |
| Hudson County | 14 | 8 | 0 | 0.0% |
| Morris County | 11 | 8 | 0 | 0.0% |
| Monmouth County | 8 | 4 | 1 | 12.5% |
| Union County | 7 | 6 | 0 | 0.0% |
| Burlington County | 5 | 5 | 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: 174 applications in 2025, of which 123 were originated and 4 denied.
2.3% of all applications, or 3.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans General Mortgage Capital originated in New Jersey in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are General Mortgage Capital'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