Mid-Island Mortgage · New Jersey · 2025

Mid-Island Mortgage in New Jersey: approval rate, denial rate and rates (2025)

Mid-Island Mortgage took 11 mortgage applications in New Jersey in 2025, ranking #524 of 883 lenders active in the state. It originated 54.6% of them and denied 9.1% (14.3% of the applications it decided), against a statewide denial rate of 17.7%.

11Applicationsin NJ
14.3%Decision denial ratestate 23.1%
6.99%Median ratestate 6.75%
$485,000Median loanstate $295,000
$3.0MVolume7 counties

Mid-Island Mortgage in New Jersey vs the state

9.1%Denial rate-8.60 pts vs state
14.3%Decision denial rate-8.76 pts vs state
54.6%Origination rate-1.13 pts vs state
6.99%Median rate+0.24 pts vs state
0.24Rate spread (pts)-0.04 pts vs state
$227kMedian applicant income
6Loans originated
1Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231288.3%6.94%#514
202411718.2%6.62%#526
20251169.1%6.99%#524

What Mid-Island Mortgage lends in New Jersey

By loan purpose

Home purchase 5 45% · 0.0% denied
Refinance 2 18% · 0.0% denied
Cash-out refinance 4 36% · 25.0% denied

By loan type

Conventional 9 82% · 0.0% denied
FHA 2 18% · 50.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 1 100%

Where in New Jersey

Counties with the most Mid-Island Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 420 0.0%
Middlesex County 220 0.0%
Bergen County 100 0.0%
Morris County 110 0.0%
Union County 101 100.0%
Mercer County 100 0.0%
Sussex County 110 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: 11 applications in 2025, of which 6 were originated and 1 denied.

9.1% of all applications, or 14.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Mid-Island Mortgage originated in New Jersey in 2025 was 6.99%, against a statewide median of 6.75%.

About this data. Figures are Mid-Island Mortgage'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