Genway Home Mortgage · New Jersey · 2025

Genway Home Mortgage in New Jersey: approval rate, denial rate and rates (2025)

Genway Home Mortgage took 30 mortgage applications in New Jersey in 2025, ranking #404 of 883 lenders active in the state. It originated 23.3% of them and denied 50.0% (68.2% of the applications it decided), against a statewide denial rate of 17.7%.

30Applicationsin NJ
68.2%Decision denial ratestate 23.1%
6.75%Median ratestate 6.75%
$435,000Median loanstate $295,000
$2.8MVolume10 counties

Genway Home Mortgage in New Jersey vs the state

50.0%Denial rate+32.31 pts vs state
68.2%Decision denial rate+45.13 pts vs state
23.3%Origination rate-32.35 pts vs state
6.75%Median rate0.00 pts vs state
1.11Rate spread (pts)+0.83 pts vs state
$144kMedian applicant income
7Loans originated
15Denied

What Genway Home Mortgage lends in New Jersey

By loan purpose

Home purchase 26 87% · 50.0% denied
Cash-out refinance 4 13% · 50.0% denied

By loan type

Conventional 10 33% · 50.0% denied
FHA 20 67% · 50.0% denied

Why it denied New Jersey applicants

Incomplete application 4 27%
Debt-to-income ratio 3 20%
Other 3 20%
Employment history 2 13%
Insufficient cash 2 13%
Unverifiable information 1 7%

Where in New Jersey

Counties with the most Genway Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 715 71.4%
Hudson County 632 33.3%
Warren County 321 33.3%
Burlington County 311 33.3%
Cumberland County 301 33.3%
Bergen County 202 100.0%
Union County 201 50.0%
Passaic County 201 50.0%
Middlesex County 101 100.0%
Atlantic County 100 0.0%

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: 30 applications in 2025, of which 7 were originated and 15 denied.

50.0% of all applications, or 68.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Genway Home Mortgage originated in New Jersey in 2025 was 6.75%, against a statewide median of 6.75%.

About this data. Figures are Genway Home Mortgage'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