KeyBank in New Jersey vs the state
26.7%Denial rate+8.98 pts vs state
36.4%Decision denial rate+13.31 pts vs state
46.7%Origination rate-9.01 pts vs state
6.75%Median rate0.00 pts vs state
0.20Rate spread (pts)-0.08 pts vs state
$190kMedian applicant income
14Loans originated
8Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 92 | 42 | 29.4% | 6.38% | #256 |
| 2024 | 50 | 20 | 40.0% | 6.38% | #339 |
| 2025 | 30 | 14 | 26.7% | 6.75% | #408 |
What KeyBank lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most KeyBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bergen County | 6 | 4 | 0 | 0.0% |
| Hudson County | 6 | 2 | 3 | 50.0% |
| Ocean County | 5 | 2 | 1 | 20.0% |
| Cape May County | 4 | 2 | 2 | 50.0% |
| Passaic County | 2 | 1 | 0 | 0.0% |
| Monmouth County | 2 | 1 | 0 | 0.0% |
| Morris County | 1 | 0 | 1 | 100.0% |
| Gloucester County | 1 | 0 | 0 | 0.0% |
| Burlington County | 1 | 1 | 0 | 0.0% |
| Essex County | 1 | 0 | 1 | 100.0% |
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: 30 applications in 2025, of which 14 were originated and 8 denied.
26.7% of all applications, or 36.4% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans KeyBank originated in New Jersey in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are KeyBank'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