Logan Finance in New Jersey vs the state
11.4%Denial rate-6.28 pts vs state
17.1%Decision denial rate-5.91 pts vs state
54.0%Origination rate-1.68 pts vs state
7.12%Median rate+0.37 pts vs state
1.07Rate spread (pts)+0.79 pts vs state
$227kMedian applicant income
317Loans originated
67Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 325 | 198 | 6.5% | 8.38% | #125 |
| 2024 | 447 | 283 | 5.4% | 7.75% | #110 |
| 2025 | 587 | 317 | 11.4% | 7.12% | #102 |
What Logan Finance lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Logan Finance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Essex County | 126 | 57 | 17 | 13.5% |
| Hudson County | 92 | 54 | 10 | 10.9% |
| Union County | 69 | 31 | 12 | 17.4% |
| Ocean County | 66 | 39 | 6 | 9.1% |
| Passaic County | 51 | 25 | 6 | 11.8% |
| Bergen County | 37 | 24 | 6 | 16.2% |
| Middlesex County | 34 | 16 | 3 | 8.8% |
| Monmouth County | 30 | 21 | 2 | 6.7% |
| Morris County | 19 | 12 | 1 | 5.3% |
| Mercer County | 18 | 13 | 1 | 5.6% |
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: 587 applications in 2025, of which 317 were originated and 67 denied.
11.4% of all applications, or 17.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Logan Finance originated in New Jersey in 2025 was 7.12%, against a statewide median of 6.75%.
About this data. Figures are Logan Finance'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