Norwich Commercial Group in New Jersey vs the state
16.3%Denial rate-1.36 pts vs state
20.3%Decision denial rate-2.72 pts vs state
60.7%Origination rate+4.99 pts vs state
6.75%Median rate0.00 pts vs state
0.39Rate spread (pts)+0.11 pts vs state
$137kMedian applicant income
182Loans originated
49Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 105 | 63 | 13.3% | 7.50% | #244 |
| 2024 | 429 | 304 | 13.3% | 6.98% | #113 |
| 2025 | 300 | 182 | 16.3% | 6.75% | #165 |
What Norwich Commercial Group lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Norwich Commercial Group applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ocean County | 72 | 50 | 13 | 18.1% |
| Union County | 68 | 39 | 10 | 14.7% |
| Essex County | 36 | 23 | 7 | 19.4% |
| Monmouth County | 31 | 20 | 3 | 9.7% |
| Hudson County | 19 | 9 | 4 | 21.1% |
| Passaic County | 15 | 13 | 0 | 0.0% |
| Bergen County | 13 | 6 | 2 | 15.4% |
| Middlesex County | 11 | 6 | 2 | 18.2% |
| Warren County | 7 | 3 | 2 | 28.6% |
| Mercer County | 5 | 3 | 1 | 20.0% |
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: 300 applications in 2025, of which 182 were originated and 49 denied.
16.3% of all applications, or 20.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Norwich Commercial Group originated in New Jersey in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Norwich Commercial Group'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