Merchants Mortgage & Trust Corporation in New Jersey vs the state
10.0%Denial rate-7.69 pts vs state
13.3%Decision denial rate-9.72 pts vs state
65.0%Origination rate+9.32 pts vs state
10.50%Median rate+3.75 pts vs state
—Rate spread (pts)
—Median applicant income
13Loans originated
2Denied
What Merchants Mortgage & Trust Corporation lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Merchants Mortgage & Trust Corporation applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Monmouth County | 4 | 2 | 0 | 0.0% |
| Essex County | 3 | 2 | 1 | 33.3% |
| Union County | 3 | 2 | 0 | 0.0% |
| Mercer County | 2 | 2 | 0 | 0.0% |
| Hudson County | 2 | 2 | 0 | 0.0% |
| Passaic County | 1 | 1 | 0 | 0.0% |
| Warren County | 1 | 1 | 0 | 0.0% |
| Atlantic County | 1 | 1 | 0 | 0.0% |
| Middlesex County | 1 | 0 | 1 | 100.0% |
| Bergen County | 1 | 0 | 0 | 0.0% |
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: 20 applications in 2025, of which 13 were originated and 2 denied.
10.0% of all applications, or 13.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Merchants Mortgage & Trust Corporation originated in New Jersey in 2025 was 10.50%, against a statewide median of 6.75%.
About this data. Figures are Merchants Mortgage & Trust Corporation'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