Home Loan Investment Bank · New Jersey · 2025

Home Loan Investment Bank in New Jersey: approval rate, denial rate and rates (2025)

Home Loan Investment Bank took 10 mortgage applications in New Jersey in 2025, ranking #535 of 883 lenders active in the state. It originated 10.0% of them and denied 40.0% (80.0% of the applications it decided), against a statewide denial rate of 17.7%.

10Applicationsin NJ
80.0%Decision denial ratestate 23.1%
11.25%Median ratestate 6.75%
$25,000Median loanstate $295,000
$25kVolume7 counties

Home Loan Investment Bank in New Jersey vs the state

40.0%Denial rate+22.31 pts vs state
80.0%Decision denial rate+56.95 pts vs state
10.0%Origination rate-45.68 pts vs state
11.25%Median rate+4.50 pts vs state
7.11Rate spread (pts)+6.83 pts vs state
$180kMedian applicant income
1Loans originated
4Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202338934.2%7.25%#367
202425640.0%7.18%#424
202510140.0%11.25%#535

What Home Loan Investment Bank lends in New Jersey

By loan purpose

Cash-out refinance 3 30% · 33.3% denied
Home improvement 7 70% · 42.9% denied

By loan type

Conventional 2 20% · 0.0% denied
FHA 8 80% · 50.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 2 50%
Credit history 1 25%
Collateral 1 25%

Where in New Jersey

Counties with the most Home Loan Investment Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 403 75.0%
Bergen County 101 100.0%
Gloucester County 100 0.0%
Ocean County 100 0.0%
Monmouth County 100 0.0%
Sussex County 100 0.0%
Middlesex County 110 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: 10 applications in 2025, of which 1 were originated and 4 denied.

40.0% of all applications, or 80.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Home Loan Investment Bank originated in New Jersey in 2025 was 11.25%, against a statewide median of 6.75%.

About this data. Figures are Home Loan Investment Bank'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