Investor Mortgage Finance · New Jersey · 2025

Investor Mortgage Finance in New Jersey: approval rate, denial rate and rates (2025)

Investor Mortgage Finance took 238 mortgage applications in New Jersey in 2025, ranking #182 of 883 lenders active in the state. It originated 47.9% of them and denied 22.3% (31.7% of the applications it decided), against a statewide denial rate of 17.7%.

238Applicationsin NJ
31.7%Decision denial ratestate 23.1%
7.36%Median ratestate 6.75%
$360,000Median loanstate $295,000
$39MVolume0 counties

Investor Mortgage Finance in New Jersey vs the state

22.3%Denial rate+4.58 pts vs state
31.7%Decision denial rate+8.69 pts vs state
47.9%Origination rate-7.78 pts vs state
7.36%Median rate+0.61 pts vs state
Rate spread (pts)
Median applicant income
114Loans originated
53Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202424612819.9%7.65%#168
202523811422.3%7.36%#182

What Investor Mortgage Finance lends in New Jersey

By loan purpose

Home purchase 79 33% · 22.8% denied
Refinance 19 8% · 5.3% denied
Cash-out refinance 140 59% · 24.3% denied

By loan type

Conventional 238 100% · 22.3% denied

Why it denied New Jersey applicants

Credit history 24 45%
Unverifiable information 14 26%
Collateral 11 21%
Insufficient cash 2 4%
Incomplete application 2 4%

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: 238 applications in 2025, of which 114 were originated and 53 denied.

22.3% of all applications, or 31.7% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Investor Mortgage Finance originated in New Jersey in 2025 was 7.36%, against a statewide median of 6.75%.

About this data. Figures are Investor Mortgage Finance'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