GoodLeap · New Jersey · 2025

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

GoodLeap took 351 mortgage applications in New Jersey in 2025, ranking #147 of 883 lenders active in the state. It originated 45.3% of them and denied 23.9% (28.9% of the applications it decided), against a statewide denial rate of 17.7%.

351Applicationsin NJ
28.9%Decision denial ratestate 23.1%
6.99%Median ratestate 6.75%
$135,000Median loanstate $295,000
$28MVolume21 counties

GoodLeap in New Jersey vs the state

23.9%Denial rate+6.24 pts vs state
28.9%Decision denial rate+5.82 pts vs state
45.3%Origination rate-10.38 pts vs state
6.99%Median rate+0.24 pts vs state
-0.01Rate spread (pts)-0.29 pts vs state
$89kMedian applicant income
159Loans originated
84Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231365130.2%6.25%#214
202428713323.0%5.99%#155
202535115923.9%6.99%#147

What GoodLeap lends in New Jersey

By loan purpose

Refinance 23 7% · 21.7% denied
Cash-out refinance 328 93% · 24.1% denied

By loan type

Conventional 232 66% · 23.7% denied
FHA 95 27% · 27.4% denied
VA 24 7% · 12.5% denied

Why it denied New Jersey applicants

Debt-to-income ratio 40 48%
Other 11 13%
Incomplete application 9 11%
Credit history 7 8%
Collateral 7 8%
Insufficient cash 6 7%
Unverifiable information 4 5%

Where in New Jersey

Counties with the most GoodLeap applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Camden County 441516 36.4%
Burlington County 38227 18.4%
Gloucester County 33186 18.2%
Middlesex County 291410 34.5%
Mercer County 24125 20.8%
Atlantic County 22114 18.2%
Monmouth County 1976 31.6%
Essex County 1964 21.1%
Ocean County 1892 11.1%
Cumberland County 18114 22.2%

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: 351 applications in 2025, of which 159 were originated and 84 denied.

23.9% of all applications, or 28.9% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans GoodLeap originated in New Jersey in 2025 was 6.99%, against a statewide median of 6.75%.

About this data. Figures are GoodLeap'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