JPMorgan Chase Bank in New Jersey vs the state
10.6%Denial rate-7.06 pts vs state
14.8%Decision denial rate-8.24 pts vs state
59.5%Origination rate+3.82 pts vs state
6.38%Median rate-0.38 pts vs state
-0.04Rate spread (pts)-0.33 pts vs state
$175kMedian applicant income
3,325Loans originated
594Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,340 | 2,147 | 8.7% | 6.50% | #17 |
| 2024 | 4,185 | 2,520 | 9.0% | 6.50% | #14 |
| 2025 | 5,588 | 3,325 | 10.6% | 6.38% | #12 |
What JPMorgan Chase Bank lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most JPMorgan Chase Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bergen County | 850 | 515 | 91 | 10.7% |
| Monmouth County | 567 | 349 | 63 | 11.1% |
| Essex County | 529 | 311 | 49 | 9.3% |
| Hudson County | 502 | 281 | 56 | 11.2% |
| Middlesex County | 484 | 250 | 46 | 9.5% |
| Morris County | 440 | 280 | 41 | 9.3% |
| Ocean County | 370 | 223 | 45 | 12.2% |
| Union County | 359 | 217 | 38 | 10.6% |
| Somerset County | 269 | 166 | 25 | 9.3% |
| Mercer County | 242 | 146 | 23 | 9.5% |
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: 5,588 applications in 2025, of which 3,325 were originated and 594 denied.
10.6% of all applications, or 14.8% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans JPMorgan Chase Bank originated in New Jersey in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are JPMorgan Chase Bank'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