Mortgage Right in New Jersey vs the state
9.5%Denial rate-8.17 pts vs state
13.3%Decision denial rate-9.72 pts vs state
61.9%Origination rate+6.22 pts vs state
6.63%Median rate-0.13 pts vs state
0.36Rate spread (pts)+0.07 pts vs state
$100kMedian applicant income
39Loans originated
6Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 10 | 4 | 0.0% | 7.00% | #535 |
| 2024 | 74 | 41 | 2.7% | 6.69% | #294 |
| 2025 | 63 | 39 | 9.5% | 6.63% | #325 |
What Mortgage Right 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 Right applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ocean County | 22 | 15 | 4 | 18.2% |
| Atlantic County | 9 | 6 | 0 | 0.0% |
| Monmouth County | 8 | 5 | 2 | 25.0% |
| Burlington County | 5 | 2 | 0 | 0.0% |
| Essex County | 3 | 0 | 0 | 0.0% |
| Hunterdon County | 2 | 2 | 0 | 0.0% |
| Mercer County | 2 | 1 | 0 | 0.0% |
| Sussex County | 2 | 0 | 0 | 0.0% |
| Middlesex County | 2 | 2 | 0 | 0.0% |
| Bergen County | 2 | 1 | 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: 63 applications in 2025, of which 39 were originated and 6 denied.
9.5% of all applications, or 13.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Mortgage Right originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Mortgage Right'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