Guaranteed Rate Affinity · New Jersey · 2025

Guaranteed Rate Affinity in New Jersey: approval rate, denial rate and rates (2025)

Guaranteed Rate Affinity took 1,709 mortgage applications in New Jersey in 2025, ranking #43 of 883 lenders active in the state. It originated 65.0% of them and denied 3.1% (4.5% of the applications it decided), against a statewide denial rate of 17.7%.

1.7kApplicationsin NJ
4.5%Decision denial ratestate 23.1%
6.58%Median ratestate 6.75%
$465,000Median loanstate $295,000
$600MVolume21 counties

Guaranteed Rate Affinity in New Jersey vs the state

3.1%Denial rate-14.59 pts vs state
4.5%Decision denial rate-18.60 pts vs state
65.0%Origination rate+9.27 pts vs state
6.58%Median rate-0.17 pts vs state
0.11Rate spread (pts)-0.18 pts vs state
$186kMedian applicant income
1,110Loans originated
53Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,7339884.1%6.63%#33
20241,4639955.7%6.75%#44
20251,7091,1103.1%6.58%#43

What Guaranteed Rate Affinity lends in New Jersey

By loan purpose

Home purchase 1,316 77% · 1.9% denied
Refinance 168 10% · 3.0% denied
Cash-out refinance 157 9% · 3.8% denied
Home improvement 24 1% · 41.7% denied
Other / HELOC 44 3% · 15.9% denied

By loan type

Conventional 1,580 92% · 2.9% denied
FHA 101 6% · 6.9% denied
VA 28 2% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 16 30%
Incomplete application 12 23%
Collateral 7 13%
Other 7 13%
Credit history 4 8%
Employment history 3 6%
Unverifiable information 2 4%
Insufficient cash 2 4%

Where in New Jersey

Counties with the most Guaranteed Rate Affinity applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Union County 2491663 1.2%
Middlesex County 154976 3.9%
Somerset County 1491033 2.0%
Bergen County 145839 6.2%
Morris County 145984 2.8%
Monmouth County 125822 1.6%
Essex County 117767 6.0%
Hunterdon County 97683 3.1%
Ocean County 86654 4.7%
Camden County 77412 2.6%

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: 1,709 applications in 2025, of which 1,110 were originated and 53 denied.

3.1% of all applications, or 4.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Guaranteed Rate Affinity originated in New Jersey in 2025 was 6.58%, against a statewide median of 6.75%.

About this data. Figures are Guaranteed Rate Affinity'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