Morgan Stanley Private Bank in New Jersey vs the state
2.9%Denial rate-14.80 pts vs state
3.5%Decision denial rate-19.57 pts vs state
75.4%Origination rate+19.70 pts vs state
5.90%Median rate-0.85 pts vs state
-0.24Rate spread (pts)-0.52 pts vs state
$415kMedian applicant income
548Loans originated
21Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 712 | 559 | 3.1% | 5.75% | #71 |
| 2024 | 768 | 603 | 3.8% | 6.05% | #75 |
| 2025 | 727 | 548 | 2.9% | 5.90% | #90 |
What Morgan Stanley Private 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 Morgan Stanley Private Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Monmouth County | 128 | 89 | 3 | 2.3% |
| Bergen County | 103 | 81 | 5 | 4.9% |
| Essex County | 81 | 63 | 2 | 2.5% |
| Morris County | 80 | 61 | 2 | 2.5% |
| Ocean County | 79 | 56 | 4 | 5.1% |
| Union County | 48 | 40 | 0 | 0.0% |
| Cape May County | 35 | 26 | 0 | 0.0% |
| Hudson County | 33 | 25 | 0 | 0.0% |
| Somerset County | 33 | 24 | 2 | 6.1% |
| Atlantic County | 24 | 22 | 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: 727 applications in 2025, of which 548 were originated and 21 denied.
2.9% of all applications, or 3.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Morgan Stanley Private Bank originated in New Jersey in 2025 was 5.90%, against a statewide median of 6.75%.
About this data. Figures are Morgan Stanley Private 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