Nations Direct Mortgage · New Jersey · 2025

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

Nations Direct Mortgage took 274 mortgage applications in New Jersey in 2025, ranking #170 of 883 lenders active in the state. It originated 69.7% of them and denied 9.5% (12.0% of the applications it decided), against a statewide denial rate of 17.7%.

274Applicationsin NJ
12.0%Decision denial ratestate 23.1%
6.63%Median ratestate 6.75%
$435,000Median loanstate $295,000
$91MVolume20 counties

Nations Direct Mortgage in New Jersey vs the state

9.5%Denial rate-8.20 pts vs state
12.0%Decision denial rate-11.07 pts vs state
69.7%Origination rate+14.03 pts vs state
6.63%Median rate-0.13 pts vs state
0.31Rate spread (pts)+0.03 pts vs state
$159kMedian applicant income
191Loans originated
26Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321811915.1%6.63%#172
20243262194.0%6.63%#140
20252741919.5%6.63%#170

What Nations Direct Mortgage lends in New Jersey

By loan purpose

Home purchase 174 64% · 8.1% denied
Refinance 39 14% · 7.7% denied
Cash-out refinance 61 22% · 14.8% denied

By loan type

Conventional 199 73% · 3.0% denied
FHA 72 26% · 26.4% denied
VA 3 1% · 33.3% denied

Why it denied New Jersey applicants

Debt-to-income ratio 11 42%
Credit history 7 27%
Unverifiable information 3 12%
Collateral 2 8%
Other 2 8%
Incomplete application 1 4%

Where in New Jersey

Counties with the most Nations Direct Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 34252 5.9%
Essex County 28166 21.4%
Mercer County 25170 0.0%
Somerset County 22191 4.5%
Morris County 20101 5.0%
Bergen County 20114 20.0%
Camden County 17132 11.8%
Burlington County 17132 11.8%
Monmouth County 14111 7.1%
Ocean County 13111 7.7%

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: 274 applications in 2025, of which 191 were originated and 26 denied.

9.5% of all applications, or 12.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

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

About this data. Figures are Nations Direct 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