Homebridge Financial Services · New Jersey · 2025

Homebridge Financial Services in New Jersey: approval rate, denial rate and rates (2025)

Homebridge Financial Services took 1,410 mortgage applications in New Jersey in 2025, ranking #53 of 883 lenders active in the state. It originated 70.1% of them and denied 15.2% (17.3% of the applications it decided), against a statewide denial rate of 17.7%.

1.4kApplicationsin NJ
17.3%Decision denial ratestate 23.1%
10.16%Median ratestate 6.75%
$175,000Median loanstate $295,000
$261MVolume21 counties

Homebridge Financial Services in New Jersey vs the state

15.2%Denial rate-2.51 pts vs state
17.3%Decision denial rate-5.71 pts vs state
70.1%Origination rate+14.46 pts vs state
10.16%Median rate+3.41 pts vs state
0.32Rate spread (pts)+0.04 pts vs state
$154kMedian applicant income
989Loans originated
214Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,19667828.7%7.50%#55
20241,04864524.5%10.85%#55
20251,41098915.2%10.16%#53

What Homebridge Financial Services lends in New Jersey

By loan purpose

Home purchase 276 20% · 33.0% denied
Refinance 86 6% · 39.5% denied
Cash-out refinance 60 4% · 31.7% denied
Home improvement 361 26% · 4.7% denied
Other / HELOC 627 44% · 8.5% denied

By loan type

Conventional 1,288 91% · 13.5% denied
FHA 91 6% · 31.9% denied
VA 31 2% · 35.5% denied

Why it denied New Jersey applicants

Unverifiable information 71 33%
Collateral 45 21%
Insufficient cash 33 15%
Debt-to-income ratio 32 15%
Credit history 14 7%
Incomplete application 13 6%
Other 5 2%
Employment history 1 0%

Where in New Jersey

Counties with the most Homebridge Financial Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bergen County 15210726 17.1%
Essex County 14810427 18.2%
Ocean County 14810120 13.5%
Middlesex County 1409929 20.7%
Monmouth County 13110710 7.6%
Passaic County 1118016 14.4%
Hudson County 986820 20.4%
Union County 815015 18.5%
Morris County 64449 14.1%
Burlington County 62455 8.1%

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: 1,410 applications in 2025, of which 989 were originated and 214 denied.

15.2% of all applications, or 17.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Homebridge Financial Services originated in New Jersey in 2025 was 10.16%, against a statewide median of 6.75%.

About this data. Figures are Homebridge Financial Services'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