Homexpress Mortgage in New Jersey vs the state
37.1%Denial rate+19.38 pts vs state
37.2%Decision denial rate+14.15 pts vs state
62.2%Origination rate+6.56 pts vs state
7.25%Median rate+0.50 pts vs state
1.14Rate spread (pts)+0.86 pts vs state
$212kMedian applicant income
183Loans originated
109Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 242 | 150 | 37.2% | 8.88% | #161 |
| 2024 | 247 | 156 | 35.2% | 8.13% | #167 |
| 2025 | 294 | 183 | 37.1% | 7.25% | #166 |
What Homexpress Mortgage lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Homexpress Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Essex County | 39 | 23 | 16 | 41.0% |
| Ocean County | 32 | 20 | 12 | 37.5% |
| Camden County | 26 | 15 | 11 | 42.3% |
| Hudson County | 24 | 13 | 11 | 45.8% |
| Bergen County | 20 | 10 | 10 | 50.0% |
| Mercer County | 18 | 13 | 5 | 27.8% |
| Passaic County | 18 | 11 | 7 | 38.9% |
| Middlesex County | 18 | 13 | 5 | 27.8% |
| Union County | 18 | 14 | 4 | 22.2% |
| Monmouth County | 14 | 8 | 6 | 42.9% |
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% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 294 applications in 2025, of which 183 were originated and 109 denied.
37.1% of all applications, or 37.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Homexpress Mortgage originated in New Jersey in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are Homexpress Mortgage'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