Loanflight Lending · New Jersey · 2025

Loanflight Lending in New Jersey: approval rate, denial rate and rates (2025)

Loanflight Lending took 44 mortgage applications in New Jersey in 2025, ranking #378 of 883 lenders active in the state. It originated 50.0% of them and denied 2.3% (4.2% of the applications it decided), against a statewide denial rate of 17.7%.

44Applicationsin NJ
4.2%Decision denial ratestate 23.1%
6.00%Median ratestate 6.75%
$520,000Median loanstate $295,000
$11MVolume16 counties

Loanflight Lending in New Jersey vs the state

2.3%Denial rate-15.42 pts vs state
4.2%Decision denial rate-18.88 pts vs state
50.0%Origination rate-5.68 pts vs state
6.00%Median rate-0.75 pts vs state
-0.12Rate spread (pts)-0.40 pts vs state
$182kMedian applicant income
22Loans originated
1Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20245040.0%#592
202544222.3%6.00%#378

What Loanflight Lending lends in New Jersey

By loan purpose

Home purchase 6 14% · 0.0% denied
Refinance 22 50% · 0.0% denied
Cash-out refinance 16 36% · 6.3% denied

By loan type

Conventional 37 84% · 2.7% denied
FHA 7 16% · 0.0% denied

Why it denied New Jersey applicants

Other 1 100%

Where in New Jersey

Counties with the most Loanflight Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Morris County 520 0.0%
Ocean County 411 25.0%
Hudson County 410 0.0%
Union County 440 0.0%
Bergen County 430 0.0%
Passaic County 420 0.0%
Essex County 310 0.0%
Burlington County 320 0.0%
Middlesex County 300 0.0%
Somerset County 200 0.0%

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: 44 applications in 2025, of which 22 were originated and 1 denied.

2.3% of all applications, or 4.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Loanflight Lending originated in New Jersey in 2025 was 6.00%, against a statewide median of 6.75%.

About this data. Figures are Loanflight Lending'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