Guidance Residential · New Jersey · 2025

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

Guidance Residential took 221 mortgage applications in New Jersey in 2025, ranking #189 of 883 lenders active in the state. It originated 68.3% of them and denied 3.6% (4.6% of the applications it decided), against a statewide denial rate of 17.7%.

221Applicationsin NJ
4.6%Decision denial ratestate 23.1%
6.88%Median ratestate 6.75%
$455,000Median loanstate $295,000
$71MVolume18 counties

Guidance Residential in New Jersey vs the state

3.6%Denial rate-14.07 pts vs state
4.6%Decision denial rate-18.45 pts vs state
68.3%Origination rate+12.65 pts vs state
6.88%Median rate+0.13 pts vs state
0.39Rate spread (pts)+0.11 pts vs state
$162kMedian applicant income
151Loans originated
8Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231651033.6%7.00%#194
20241991251.0%7.13%#194
20252211513.6%6.88%#189

What Guidance Residential lends in New Jersey

By loan purpose

Home purchase 174 79% · 1.2% denied
Refinance 22 10% · 13.6% denied
Cash-out refinance 25 11% · 12.0% denied

By loan type

Conventional 221 100% · 3.6% denied

Why it denied New Jersey applicants

Collateral 2 25%
Credit history 2 25%
Incomplete application 1 13%
Unverifiable information 1 13%
Mortgage insurance denied 1 13%
Employment history 1 13%

Where in New Jersey

Counties with the most Guidance Residential applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 73502 2.7%
Bergen County 24171 4.2%
Passaic County 19120 0.0%
Somerset County 19131 5.3%
Mercer County 15121 6.7%
Burlington County 14120 0.0%
Hudson County 941 11.1%
Camden County 950 0.0%
Union County 751 14.3%
Essex County 751 14.3%

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: 221 applications in 2025, of which 151 were originated and 8 denied.

3.6% of all applications, or 4.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Guidance Residential originated in New Jersey in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Guidance Residential'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