Kearny Bank · New Jersey · 2025

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

Kearny Bank took 568 mortgage applications in New Jersey in 2025, ranking #106 of 883 lenders active in the state. It originated 74.7% of them and denied 5.6% (7.0% of the applications it decided), against a statewide denial rate of 17.7%.

568Applicationsin NJ
7.0%Decision denial ratestate 23.1%
6.13%Median ratestate 6.75%
$465,000Median loanstate $295,000
$247MVolume19 counties

Kearny Bank in New Jersey vs the state

5.6%Denial rate-12.06 pts vs state
7.0%Decision denial rate-16.08 pts vs state
74.7%Origination rate+18.97 pts vs state
6.13%Median rate-0.63 pts vs state
-0.30Rate spread (pts)-0.58 pts vs state
$170kMedian applicant income
424Loans originated
32Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235633944.1%6.13%#90
20246274915.6%6.38%#92
20255684245.6%6.13%#106

What Kearny Bank lends in New Jersey

By loan purpose

Home purchase 465 82% · 5.2% denied
Refinance 67 12% · 4.5% denied
Cash-out refinance 24 4% · 8.3% denied
Home improvement 10 2% · 30.0% denied
Other / HELOC 2 0% · 0.0% denied

By loan type

Conventional 568 100% · 5.6% denied

Why it denied New Jersey applicants

Debt-to-income ratio 12 38%
Collateral 10 31%
Credit history 6 19%
Unverifiable information 1 3%
Incomplete application 1 3%
Other 1 3%
Employment history 1 3%

Where in New Jersey

Counties with the most Kearny Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hudson County 116834 3.4%
Monmouth County 75607 9.3%
Bergen County 54412 3.7%
Morris County 51393 5.9%
Middlesex County 50327 14.0%
Ocean County 48393 6.3%
Essex County 44352 4.5%
Somerset County 32270 0.0%
Union County 24162 8.3%
Passaic County 1891 5.6%

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: 568 applications in 2025, of which 424 were originated and 32 denied.

5.6% of all applications, or 7.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Kearny Bank originated in New Jersey in 2025 was 6.13%, against a statewide median of 6.75%.

About this data. Figures are Kearny 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