Movement Mortgage · New Jersey · 2025

Movement Mortgage in New Jersey: approval rate, denial rate and rates (2025)

Movement Mortgage took 2,422 mortgage applications in New Jersey in 2025, ranking #31 of 883 lenders active in the state. It originated 65.2% of them and denied 8.2% (9.3% of the applications it decided), against a statewide denial rate of 17.7%.

2.4kApplicationsin NJ
9.3%Decision denial ratestate 23.1%
6.63%Median ratestate 6.75%
$375,000Median loanstate $295,000
$655MVolume21 counties

Movement Mortgage in New Jersey vs the state

8.2%Denial rate-9.47 pts vs state
9.3%Decision denial rate-13.78 pts vs state
65.2%Origination rate+9.51 pts vs state
6.63%Median rate-0.13 pts vs state
0.32Rate spread (pts)+0.03 pts vs state
$140kMedian applicant income
1,579Loans originated
199Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,9991,3286.2%6.75%#29
20242,5421,6598.6%6.88%#29
20252,4221,5798.2%6.63%#31

What Movement Mortgage lends in New Jersey

By loan purpose

Home purchase 1,652 68% · 6.8% denied
Refinance 255 11% · 3.5% denied
Cash-out refinance 279 12% · 6.5% denied
Home improvement 114 5% · 25.4% denied
Other / HELOC 122 5% · 25.4% denied

By loan type

Conventional 1,922 79% · 7.8% denied
FHA 420 17% · 11.0% denied
VA 79 3% · 3.8% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 88 44%
Other 26 13%
Credit history 22 11%
Collateral 21 11%
Incomplete application 18 9%
Unverifiable information 12 6%
Insufficient cash 11 6%
Employment history 1 1%

Where in New Jersey

Counties with the most Movement Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 26216030 11.5%
Passaic County 23113921 9.1%
Middlesex County 20114812 6.0%
Bergen County 19413012 6.2%
Camden County 19013111 5.8%
Union County 1519716 10.6%
Gloucester County 1409411 7.9%
Burlington County 1389514 10.1%
Somerset County 128897 5.5%
Ocean County 114764 3.5%

Other large lenders in New Jersey

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,33916.1%6.75%
TD BankD 12,53226.2%7.49%
Bank of AmericaF 12,14230.6%6.00%
Citizens BankC 12,11328.9%7.40%
Crosscountry MortgageB 12,0425.3%6.75%
PNC BankD 10,81527.8%7.75%
United Shore Financial ServicesB 10,55215.3%6.38%
Guaranteed RateB 8,6435.5%6.58%
NewrezD 6,53522.5%6.99%
Loandepot.ComD 6,49115.3%6.63%

Frequently asked questions

New Jersey: 2,422 applications in 2025, of which 1,579 were originated and 199 denied.

8.2% of all applications, or 9.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Movement Mortgage originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Movement 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