Jet Direct Funding in New Jersey vs the state
7.5%Denial rate-10.22 pts vs state
9.8%Decision denial rate-13.21 pts vs state
68.5%Origination rate+12.78 pts vs state
6.88%Median rate+0.13 pts vs state
0.49Rate spread (pts)+0.21 pts vs state
$184kMedian applicant income
165Loans originated
18Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 17 | 7 | 29.4% | 7.25% | #465 |
| 2024 | 43 | 26 | 14.0% | 6.75% | #360 |
| 2025 | 241 | 165 | 7.5% | 6.88% | #181 |
What Jet Direct Funding lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Jet Direct Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bergen County | 56 | 37 | 5 | 8.9% |
| Hudson County | 47 | 32 | 3 | 6.4% |
| Ocean County | 24 | 20 | 1 | 4.2% |
| Morris County | 21 | 14 | 3 | 14.3% |
| Monmouth County | 20 | 15 | 1 | 5.0% |
| Essex County | 18 | 12 | 1 | 5.6% |
| Passaic County | 17 | 11 | 2 | 11.8% |
| Cumberland County | 8 | 3 | 0 | 0.0% |
| Union County | 7 | 4 | 1 | 14.3% |
| Middlesex County | 6 | 6 | 0 | 0.0% |
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: 241 applications in 2025, of which 165 were originated and 18 denied.
7.5% of all applications, or 9.8% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Jet Direct Funding originated in New Jersey in 2025 was 6.88%, against a statewide median of 6.75%.
About this data. Figures are Jet Direct Funding'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