Jmac Lending in New Jersey vs the state
5.0%Denial rate-12.72 pts vs state
7.1%Decision denial rate-15.91 pts vs state
64.6%Origination rate+8.92 pts vs state
6.75%Median rate0.00 pts vs state
0.40Rate spread (pts)+0.12 pts vs state
$162kMedian applicant income
208Loans originated
16Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 47 | 26 | 6.4% | 7.50% | #337 |
| 2024 | 298 | 175 | 5.0% | 6.99% | #150 |
| 2025 | 322 | 208 | 5.0% | 6.75% | #157 |
What Jmac Lending lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Jmac Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ocean County | 45 | 30 | 0 | 0.0% |
| Bergen County | 38 | 30 | 1 | 2.6% |
| Hudson County | 35 | 18 | 3 | 8.6% |
| Passaic County | 33 | 22 | 1 | 3.0% |
| Morris County | 29 | 21 | 0 | 0.0% |
| Middlesex County | 26 | 17 | 2 | 7.7% |
| Monmouth County | 26 | 16 | 2 | 7.7% |
| Essex County | 18 | 10 | 1 | 5.6% |
| Union County | 13 | 8 | 0 | 0.0% |
| Somerset County | 10 | 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: 322 applications in 2025, of which 208 were originated and 16 denied.
5.0% of all applications, or 7.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Jmac Lending originated in New Jersey in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Jmac Lending'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