Mutual of Omaha Mortgage · New Jersey · 2025

Mutual of Omaha Mortgage in New Jersey: approval rate, denial rate and rates (2025)

Mutual of Omaha Mortgage took 1,310 mortgage applications in New Jersey in 2025, ranking #56 of 883 lenders active in the state. It originated 54.4% of them and denied 20.6% (26.7% of the applications it decided), against a statewide denial rate of 17.7%.

1.3kApplicationsin NJ
26.7%Decision denial ratestate 23.1%
6.38%Median ratestate 6.75%
$335,000Median loanstate $295,000
$275MVolume21 counties

Mutual of Omaha Mortgage in New Jersey vs the state

20.6%Denial rate+2.92 pts vs state
26.7%Decision denial rate+3.68 pts vs state
54.4%Origination rate-1.25 pts vs state
6.38%Median rate-0.38 pts vs state
0.18Rate spread (pts)-0.10 pts vs state
$101kMedian applicant income
713Loans originated
270Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202372335130.4%6.79%#70
20241,00955823.6%6.63%#57
20251,31071320.6%6.38%#56

What Mutual of Omaha Mortgage lends in New Jersey

By loan purpose

Home purchase 197 15% · 5.1% denied
Refinance 328 25% · 10.7% denied
Cash-out refinance 605 46% · 28.8% denied
Home improvement 31 2% · 19.4% denied
Other / HELOC 149 11% · 30.2% denied

By loan type

Conventional 598 46% · 12.5% denied
FHA 652 50% · 27.5% denied
VA 60 5% · 26.7% denied

Why it denied New Jersey applicants

Credit history 192 71%
Collateral 33 12%
Insufficient cash 13 5%
Unverifiable information 12 4%
Other 11 4%
Debt-to-income ratio 5 2%
Incomplete application 3 1%
Employment history 1 0%

Where in New Jersey

Counties with the most Mutual of Omaha Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 1307818 13.8%
Ocean County 1296827 20.9%
Bergen County 1167018 15.5%
Monmouth County 985519 19.4%
Essex County 964521 21.9%
Burlington County 955720 21.1%
Camden County 814123 28.4%
Morris County 80489 11.3%
Union County 643615 23.4%
Gloucester County 633214 22.2%

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: 1,310 applications in 2025, of which 713 were originated and 270 denied.

20.6% of all applications, or 26.7% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Mutual of Omaha Mortgage originated in New Jersey in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Mutual of Omaha 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