Nationwide Mortgage Bankers in New Jersey vs the state
2.6%Denial rate-15.06 pts vs state
3.3%Decision denial rate-19.74 pts vs state
67.3%Origination rate+11.63 pts vs state
6.75%Median rate0.00 pts vs state
0.68Rate spread (pts)+0.40 pts vs state
$122kMedian applicant income
486Loans originated
19Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 661 | 399 | 5.0% | 6.99% | #74 |
| 2024 | 654 | 413 | 3.5% | 6.99% | #88 |
| 2025 | 722 | 486 | 2.6% | 6.75% | #91 |
What Nationwide Mortgage Bankers lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Nationwide Mortgage Bankers applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Essex County | 107 | 65 | 7 | 6.5% |
| Bergen County | 104 | 79 | 1 | 1.0% |
| Union County | 77 | 48 | 0 | 0.0% |
| Passaic County | 70 | 56 | 1 | 1.4% |
| Middlesex County | 67 | 46 | 3 | 4.5% |
| Hudson County | 60 | 35 | 2 | 3.3% |
| Ocean County | 36 | 26 | 0 | 0.0% |
| Somerset County | 34 | 22 | 0 | 0.0% |
| Sussex County | 25 | 20 | 0 | 0.0% |
| Monmouth County | 24 | 13 | 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: 722 applications in 2025, of which 486 were originated and 19 denied.
2.6% of all applications, or 3.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Nationwide Mortgage Bankers originated in New Jersey in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Nationwide Mortgage Bankers'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