Meridian Bank in New Jersey vs the state
5.1%Denial rate-12.64 pts vs state
6.5%Decision denial rate-16.55 pts vs state
71.3%Origination rate+15.61 pts vs state
6.50%Median rate-0.25 pts vs state
0.39Rate spread (pts)+0.11 pts vs state
$106kMedian applicant income
226Loans originated
16Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 210 | 154 | 3.8% | 6.99% | #179 |
| 2024 | 243 | 173 | 7.0% | 6.99% | #171 |
| 2025 | 317 | 226 | 5.1% | 6.50% | #159 |
What Meridian Bank lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Meridian Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Atlantic County | 58 | 36 | 5 | 8.6% |
| Camden County | 55 | 43 | 2 | 3.6% |
| Burlington County | 43 | 34 | 2 | 4.7% |
| Gloucester County | 22 | 14 | 1 | 4.5% |
| Mercer County | 13 | 9 | 0 | 0.0% |
| Middlesex County | 12 | 11 | 0 | 0.0% |
| Morris County | 12 | 8 | 0 | 0.0% |
| Ocean County | 12 | 7 | 1 | 8.3% |
| Cape May County | 12 | 8 | 1 | 8.3% |
| Salem County | 11 | 7 | 1 | 9.1% |
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: 317 applications in 2025, of which 226 were originated and 16 denied.
5.1% of all applications, or 6.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Meridian Bank originated in New Jersey in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are Meridian Bank'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