Kwik Mortgage in New Jersey vs the state
3.5%Denial rate-14.23 pts vs state
4.8%Decision denial rate-18.23 pts vs state
68.0%Origination rate+12.35 pts vs state
6.38%Median rate-0.38 pts vs state
-0.11Rate spread (pts)-0.39 pts vs state
$210kMedian applicant income
315Loans originated
16Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 292 | 175 | 2.7% | 6.63% | #140 |
| 2024 | 409 | 264 | 3.7% | 6.50% | #117 |
| 2025 | 463 | 315 | 3.5% | 6.38% | #127 |
What Kwik Mortgage lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Kwik Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 167 | 105 | 9 | 5.4% |
| Somerset County | 57 | 45 | 0 | 0.0% |
| Mercer County | 43 | 31 | 3 | 7.0% |
| Morris County | 35 | 23 | 1 | 2.9% |
| Bergen County | 30 | 21 | 1 | 3.3% |
| Hudson County | 29 | 21 | 0 | 0.0% |
| Monmouth County | 24 | 17 | 0 | 0.0% |
| Essex County | 19 | 13 | 0 | 0.0% |
| Union County | 14 | 10 | 1 | 7.1% |
| Burlington County | 13 | 9 | 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: 463 applications in 2025, of which 315 were originated and 16 denied.
3.5% of all applications, or 4.8% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Kwik Mortgage originated in New Jersey in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are Kwik Mortgage'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