Mortgage Research Center in New Jersey vs the state
21.6%Denial rate+3.87 pts vs state
34.9%Decision denial rate+11.84 pts vs state
39.8%Origination rate-15.87 pts vs state
6.25%Median rate-0.50 pts vs state
-0.32Rate spread (pts)-0.60 pts vs state
$118kMedian applicant income
842Loans originated
456Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,412 | 594 | 18.3% | 6.75% | #45 |
| 2024 | 1,748 | 721 | 18.0% | 6.25% | #40 |
| 2025 | 2,115 | 842 | 21.6% | 6.25% | #38 |
What Mortgage Research Center lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Burlington County | 314 | 142 | 52 | 16.6% |
| Ocean County | 251 | 101 | 46 | 18.3% |
| Camden County | 205 | 79 | 61 | 29.8% |
| Gloucester County | 152 | 55 | 40 | 26.3% |
| Middlesex County | 123 | 55 | 18 | 14.6% |
| Monmouth County | 116 | 37 | 32 | 27.6% |
| Sussex County | 97 | 40 | 19 | 19.6% |
| Atlantic County | 95 | 35 | 20 | 21.1% |
| Bergen County | 89 | 34 | 20 | 22.5% |
| Essex County | 76 | 31 | 15 | 19.7% |
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: 2,115 applications in 2025, of which 842 were originated and 456 denied.
21.6% of all applications, or 34.9% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Mortgage Research Center originated in New Jersey in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Mortgage Research Center'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