Loandepot.Com · New Jersey · 2025

Loandepot.Com in New Jersey: approval rate, denial rate and rates (2025)

Loandepot.Com took 6,491 mortgage applications in New Jersey in 2025, ranking #10 of 883 lenders active in the state. It originated 66.8% of them and denied 15.3% (18.4% of the applications it decided), against a statewide denial rate of 17.7%.

6.5kApplicationsin NJ
18.4%Decision denial ratestate 23.1%
6.63%Median ratestate 6.75%
$295,000Median loanstate $295,000
$1.7BVolume21 counties

Loandepot.Com in New Jersey vs the state

15.3%Denial rate-2.36 pts vs state
18.4%Decision denial rate-4.70 pts vs state
66.8%Origination rate+11.09 pts vs state
6.63%Median rate-0.13 pts vs state
0.32Rate spread (pts)+0.04 pts vs state
$143kMedian applicant income
4,334Loans originated
995Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,6142,36615.9%6.63%#12
20245,1013,10018.8%6.63%#11
20256,4914,33415.3%6.63%#10

What Loandepot.Com lends in New Jersey

By loan purpose

Home purchase 2,431 37% · 4.4% denied
Refinance 711 11% · 7.7% denied
Cash-out refinance 1,522 23% · 23.2% denied
Home improvement 178 3% · 21.4% denied
Other / HELOC 1,649 25% · 26.7% denied

By loan type

Conventional 5,477 84% · 13.7% denied
FHA 873 13% · 26.1% denied
VA 140 2% · 12.9% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 322 32%
Collateral 215 22%
Unverifiable information 177 18%
Incomplete application 109 11%
Credit history 105 11%
Other 45 5%
Insufficient cash 17 2%
Employment history 5 1%

Where in New Jersey

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hudson County 82063252 6.3%
Ocean County 636420113 17.8%
Monmouth County 60540699 16.4%
Bergen County 58638277 13.1%
Middlesex County 47731182 17.2%
Essex County 42825176 17.8%
Morris County 36424045 12.4%
Camden County 33921766 19.5%
Burlington County 29318655 18.8%
Union County 28819245 15.6%

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%
Pennymac Loan ServicesC 6,34312.9%6.62%

Frequently asked questions

New Jersey: 6,491 applications in 2025, of which 4,334 were originated and 995 denied.

15.3% of all applications, or 18.4% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Loandepot.Com originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Loandepot.Com'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