Nexera Holding · New Jersey · 2025

Nexera Holding in New Jersey: approval rate, denial rate and rates (2025)

Nexera Holding took 332 mortgage applications in New Jersey in 2025, ranking #155 of 883 lenders active in the state. It originated 53.9% of them and denied 8.7% (13.8% of the applications it decided), against a statewide denial rate of 17.7%.

332Applicationsin NJ
13.8%Decision denial ratestate 23.1%
7.38%Median ratestate 6.75%
$390,000Median loanstate $295,000
$82MVolume20 counties

Nexera Holding in New Jersey vs the state

8.7%Denial rate-8.96 pts vs state
13.8%Decision denial rate-9.24 pts vs state
53.9%Origination rate-1.76 pts vs state
7.38%Median rate+0.63 pts vs state
1.02Rate spread (pts)+0.74 pts vs state
$214kMedian applicant income
179Loans originated
29Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023153746.5%8.75%#200
20242121274.3%7.75%#186
20253321798.7%7.38%#155

What Nexera Holding lends in New Jersey

By loan purpose

Home purchase 147 44% · 9.5% denied
Refinance 28 8% · 7.1% denied
Cash-out refinance 157 47% · 8.3% denied

By loan type

Conventional 329 99% · 8.8% denied
FHA 3 1% · 0.0% denied

Why it denied New Jersey applicants

Other 15 52%
Debt-to-income ratio 5 17%
Credit history 4 14%
Unverifiable information 2 7%
Collateral 2 7%
Incomplete application 1 3%

Where in New Jersey

Counties with the most Nexera Holding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ocean County 42262 4.8%
Middlesex County 36183 8.3%
Bergen County 33193 9.1%
Hudson County 30165 16.7%
Union County 28133 10.7%
Essex County 26111 3.8%
Monmouth County 22160 0.0%
Passaic County 1992 10.5%
Burlington County 1791 5.9%
Camden County 13100 0.0%

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: 332 applications in 2025, of which 179 were originated and 29 denied.

8.7% of all applications, or 13.8% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Nexera Holding originated in New Jersey in 2025 was 7.38%, against a statewide median of 6.75%.

About this data. Figures are Nexera Holding'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