Mld Mortgage in New Jersey vs the state
5.0%Denial rate-12.73 pts vs state
5.7%Decision denial rate-17.34 pts vs state
74.3%Origination rate+18.58 pts vs state
6.49%Median rate-0.26 pts vs state
0.02Rate spread (pts)-0.26 pts vs state
$128kMedian applicant income
554Loans originated
37Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 732 | 497 | 6.3% | 6.50% | #69 |
| 2024 | 780 | 549 | 4.5% | 6.50% | #74 |
| 2025 | 746 | 554 | 5.0% | 6.49% | #84 |
What Mld Mortgage lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Mld Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mercer County | 207 | 145 | 15 | 7.2% |
| Burlington County | 100 | 83 | 3 | 3.0% |
| Middlesex County | 66 | 49 | 0 | 0.0% |
| Passaic County | 65 | 54 | 3 | 4.6% |
| Essex County | 46 | 37 | 4 | 8.7% |
| Ocean County | 44 | 34 | 1 | 2.3% |
| Bergen County | 41 | 31 | 2 | 4.9% |
| Somerset County | 41 | 29 | 1 | 2.4% |
| Hudson County | 25 | 12 | 1 | 4.0% |
| Monmouth County | 24 | 19 | 2 | 8.3% |
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: 746 applications in 2025, of which 554 were originated and 37 denied.
5.0% of all applications, or 5.7% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Mld Mortgage originated in New Jersey in 2025 was 6.49%, against a statewide median of 6.75%.
About this data. Figures are Mld 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