Jersey Shore · New Jersey · 2025

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

Jersey Shore took 214 mortgage applications in New Jersey in 2025, ranking #192 of 883 lenders active in the state. It originated 72.0% of them and denied 18.7% (19.4% of the applications it decided), against a statewide denial rate of 17.7%.

214Applicationsin NJ
19.4%Decision denial ratestate 23.1%
Median ratestate 6.75%
$55,000Median loanstate $295,000
$13MVolume9 counties

Jersey Shore in New Jersey vs the state

18.7%Denial rate+1.00 pts vs state
19.4%Decision denial rate-3.63 pts vs state
72.0%Origination rate+16.28 pts vs state
Median rate
Rate spread (pts)
$118kMedian applicant income
154Loans originated
40Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202322216314.9%#170
202420213423.3%#191
202521415418.7%#192

What Jersey Shore lends in New Jersey

By loan purpose

Home purchase 21 10% · 14.3% denied
Refinance 38 18% · 5.3% denied
Cash-out refinance 5 2% · 40.0% denied
Home improvement 106 50% · 19.8% denied
Other / HELOC 44 21% · 27.3% denied

By loan type

Conventional 214 100% · 18.7% denied

Where in New Jersey

Counties with the most Jersey Shore applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Atlantic County 14510728 19.3%
Cape May County 41308 19.5%
Gloucester County 742 28.6%
Ocean County 750 0.0%
Camden County 651 16.7%
Monmouth County 300 0.0%
Cumberland County 211 50.0%
Burlington County 210 0.0%
Morris 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: 214 applications in 2025, of which 154 were originated and 40 denied.

18.7% of all applications, or 19.4% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Jersey Shore'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