Guaranteed Rate in New Jersey vs the state
5.5%Denial rate-12.15 pts vs state
8.7%Decision denial rate-14.31 pts vs state
55.8%Origination rate+0.16 pts vs state
6.58%Median rate-0.17 pts vs state
0.12Rate spread (pts)-0.16 pts vs state
$155kMedian applicant income
4,826Loans originated
479Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,675 | 2,917 | 3.8% | 6.58% | #9 |
| 2024 | 6,283 | 3,643 | 6.7% | 6.63% | #9 |
| 2025 | 8,643 | 4,826 | 5.5% | 6.58% | #8 |
What Guaranteed Rate lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Guaranteed Rate applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Morris County | 902 | 492 | 36 | 4.0% |
| Essex County | 853 | 458 | 33 | 3.9% |
| Bergen County | 808 | 395 | 47 | 5.8% |
| Ocean County | 754 | 511 | 20 | 2.7% |
| Camden County | 570 | 368 | 38 | 6.7% |
| Monmouth County | 548 | 334 | 29 | 5.3% |
| Sussex County | 508 | 276 | 27 | 5.3% |
| Union County | 453 | 236 | 28 | 6.2% |
| Burlington County | 438 | 266 | 28 | 6.4% |
| Passaic County | 434 | 229 | 31 | 7.1% |
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% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
| Pennymac Loan Services | C | 6,343 | 12.9% | 6.62% |
Frequently asked questions
New Jersey: 8,643 applications in 2025, of which 4,826 were originated and 479 denied.
5.5% of all applications, or 8.7% 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 originated in New Jersey in 2025 was 6.58%, against a statewide median of 6.75%.
About this data. Figures are Guaranteed Rate'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