Longbridge Financial · New Jersey · 2025

Longbridge Financial in New Jersey: approval rate, denial rate and rates (2025)

Longbridge Financial took 204 mortgage applications in New Jersey in 2025, ranking #196 of 883 lenders active in the state. It originated 67.7% of them and denied 7.4% (9.0% of the applications it decided), against a statewide denial rate of 17.7%.

204Applicationsin NJ
9.0%Decision denial ratestate 23.1%
6.38%Median ratestate 6.75%
$255,000Median loanstate $295,000
$49MVolume21 counties

Longbridge Financial in New Jersey vs the state

7.4%Denial rate-10.34 pts vs state
9.0%Decision denial rate-14.01 pts vs state
67.7%Origination rate+11.97 pts vs state
6.38%Median rate-0.38 pts vs state
Rate spread (pts)
$36kMedian applicant income
138Loans originated
15Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231056519.1%7.63%#243
20241418814.2%6.92%#226
20252041387.4%6.38%#196

What Longbridge Financial lends in New Jersey

By loan purpose

Home purchase 3 1% · 0.0% denied
Refinance 161 79% · 6.2% denied
Cash-out refinance 3 1% · 0.0% denied
Home improvement 6 3% · 50.0% denied
Other / HELOC 31 15% · 6.5% denied

By loan type

Conventional 55 27% · 5.5% denied
FHA 149 73% · 8.1% denied

Why it denied New Jersey applicants

Insufficient cash 5 33%
Collateral 4 27%
Other 3 20%
Credit history 1 7%
Unverifiable information 1 7%
Incomplete application 1 7%

Where in New Jersey

Counties with the most Longbridge Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ocean County 38253 7.9%
Monmouth County 29203 10.3%
Bergen County 22141 4.5%
Middlesex County 15140 0.0%
Burlington County 1382 15.4%
Cape May County 1180 0.0%
Atlantic County 1181 9.1%
Morris County 1080 0.0%
Camden County 921 11.1%
Union County 760 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 138 were originated and 15 denied.

7.4% of all applications, or 9.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Longbridge Financial originated in New Jersey in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Longbridge Financial'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