Nations Lending in New Jersey vs the state
8.7%Denial rate-9.01 pts vs state
9.2%Decision denial rate-13.87 pts vs state
76.3%Origination rate+20.58 pts vs state
6.63%Median rate-0.13 pts vs state
0.33Rate spread (pts)+0.04 pts vs state
$111kMedian applicant income
167Loans originated
19Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 351 | 266 | 6.6% | 6.75% | #119 |
| 2024 | 316 | 244 | 6.3% | 6.88% | #143 |
| 2025 | 219 | 167 | 8.7% | 6.63% | #190 |
What Nations Lending lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Nations Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ocean County | 31 | 21 | 3 | 9.7% |
| Sussex County | 30 | 23 | 2 | 6.7% |
| Middlesex County | 27 | 21 | 3 | 11.1% |
| Union County | 26 | 19 | 2 | 7.7% |
| Somerset County | 12 | 11 | 1 | 8.3% |
| Monmouth County | 11 | 10 | 1 | 9.1% |
| Burlington County | 11 | 7 | 1 | 9.1% |
| Morris County | 9 | 7 | 1 | 11.1% |
| Passaic County | 9 | 8 | 1 | 11.1% |
| Hudson County | 7 | 3 | 3 | 42.9% |
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: 219 applications in 2025, of which 167 were originated and 19 denied.
8.7% of all applications, or 9.2% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Nations Lending originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Nations Lending'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