Manasquan Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
46th10.8% deniedPricingmedian rate spread over APOR, weight 30%
50th0.27 ptsProcesswithdrawn + incomplete share, weight 15%
53rd10.9%Closing coststotal loan costs ÷ loan amount, weight 10%
22nd2.85% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 818 | 634 | 7.2% | 8.2% | 6.88% | $277M |
| 2024 | 802 | 623 | 8.5% | 9.4% | 7.25% | $329M |
| 2025 | 855 | 649 | 9.6% | 10.8% | 7.00% | $342M |
What Manasquan Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 378 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 133 investment properties.
Why Manasquan Bank denies applications
Primary reason reported for each of the 82 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Manasquan Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 26 | 8 | 47.1% |
| $50k – $100k | 128 | 71 | 27.5% |
| $100k – $150k | 149 | 106 | 14.6% |
| $150k – $250k | 202 | 165 | 9.6% |
| Over $250k | 262 | 228 | 3.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 124 | 98 | 3.8% |
| 35–44 | 142 | 110 | 11.0% |
| 45–54 | 148 | 116 | 13.7% |
| 55–64 | 197 | 146 | 12.2% |
| 65–74 | 119 | 83 | 17.4% |
| Over 74 | 49 | 34 | 12.5% |
Where Manasquan Bank lends
6 states and 25 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Jersey | 846 | 643 | 9.5% | 7.00% | #73 |
Frequently asked questions
Manasquan Bank denied 10.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 46th percentile of small mortgage lenders.
The most common reason Manasquan Bank gave in 2025 was "debt-to-income ratio", cited on 67.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Manasquan Bank originated in 2025 was 7.00%, and its median rate spread over the average prime offer rate was 0.27 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 32% of its applications were for home purchases, 20% for refinancing (including cash-out), and 48% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.