Lendage in New Jersey vs the state
16.6%Denial rate-1.06 pts vs state
18.1%Decision denial rate-4.95 pts vs state
68.5%Origination rate+12.85 pts vs state
11.00%Median rate+4.25 pts vs state
4.83Rate spread (pts)+4.55 pts vs state
$140kMedian applicant income
614Loans originated
149Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 438 | 276 | 22.4% | 13.75% | #105 |
| 2024 | 635 | 405 | 20.2% | 13.25% | #91 |
| 2025 | 896 | 614 | 16.6% | 11.00% | #68 |
What Lendage lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Lendage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ocean County | 90 | 68 | 16 | 17.8% |
| Bergen County | 83 | 52 | 11 | 13.3% |
| Middlesex County | 82 | 55 | 15 | 18.3% |
| Burlington County | 73 | 50 | 11 | 15.1% |
| Camden County | 70 | 44 | 12 | 17.1% |
| Monmouth County | 70 | 47 | 15 | 21.4% |
| Morris County | 54 | 36 | 10 | 18.5% |
| Union County | 43 | 26 | 8 | 18.6% |
| Gloucester County | 43 | 28 | 8 | 18.6% |
| Passaic County | 37 | 25 | 7 | 18.9% |
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: 896 applications in 2025, of which 614 were originated and 149 denied.
16.6% of all applications, or 18.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Lendage originated in New Jersey in 2025 was 11.00%, against a statewide median of 6.75%.
About this data. Figures are Lendage'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