Milend in New Jersey vs the state
12.8%Denial rate-4.89 pts vs state
35.6%Decision denial rate+12.51 pts vs state
20.8%Origination rate-34.88 pts vs state
6.19%Median rate-0.56 pts vs state
0.31Rate spread (pts)+0.03 pts vs state
$106kMedian applicant income
26Loans originated
16Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 7 | 1 | 0.0% | 7.63% | #566 |
| 2025 | 125 | 26 | 12.8% | 6.19% | #244 |
What Milend lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Milend applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Monmouth County | 17 | 2 | 0 | 0.0% |
| Camden County | 15 | 3 | 3 | 20.0% |
| Middlesex County | 12 | 2 | 2 | 16.7% |
| Ocean County | 12 | 4 | 0 | 0.0% |
| Bergen County | 9 | 2 | 0 | 0.0% |
| Burlington County | 9 | 3 | 1 | 11.1% |
| Sussex County | 7 | 2 | 2 | 28.6% |
| Gloucester County | 6 | 2 | 0 | 0.0% |
| Cumberland County | 6 | 1 | 4 | 66.7% |
| Passaic County | 5 | 0 | 3 | 60.0% |
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: 125 applications in 2025, of which 26 were originated and 16 denied.
12.8% of all applications, or 35.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Milend originated in New Jersey in 2025 was 6.19%, against a statewide median of 6.75%.
About this data. Figures are Milend'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