LoanUnited.com · New Jersey · 2025

LoanUnited.com in New Jersey: approval rate, denial rate and rates (2025)

LoanUnited.com took 204 mortgage applications in New Jersey in 2025, ranking #195 of 883 lenders active in the state. It originated 34.3% of them and denied 10.8% (23.7% of the applications it decided), against a statewide denial rate of 17.7%.

204Applicationsin NJ
23.7%Decision denial ratestate 23.1%
6.25%Median ratestate 6.75%
$405,000Median loanstate $295,000
$31MVolume21 counties

LoanUnited.com in New Jersey vs the state

10.8%Denial rate-6.91 pts vs state
23.7%Decision denial rate+0.61 pts vs state
34.3%Origination rate-21.37 pts vs state
6.25%Median rate-0.50 pts vs state
-0.05Rate spread (pts)-0.33 pts vs state
$118kMedian applicant income
70Loans originated
22Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235287.7%6.19%#330
202458206.9%5.56%#325
20252047010.8%6.25%#195

What LoanUnited.com lends in New Jersey

By loan purpose

Home purchase 47 23% · 8.5% denied
Refinance 157 77% · 11.5% denied

By loan type

Conventional 21 10% · 9.5% denied
FHA 100 49% · 15.0% denied
VA 83 41% · 6.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 9 41%
Credit history 9 41%
Other 3 14%
Insufficient cash 1 5%

Where in New Jersey

Counties with the most LoanUnited.com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Burlington County 35144 11.4%
Ocean County 1870 0.0%
Bergen County 17101 5.9%
Gloucester County 1240 0.0%
Cumberland County 1221 8.3%
Union County 1211 8.3%
Monmouth County 1270 0.0%
Middlesex County 1246 50.0%
Camden County 1140 0.0%
Passaic County 940 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: 204 applications in 2025, of which 70 were originated and 22 denied.

10.8% of all applications, or 23.7% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans LoanUnited.com originated in New Jersey in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are LoanUnited.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