NVR Mortgage Finance in New Jersey vs the state
19.6%Denial rate+1.91 pts vs state
22.1%Decision denial rate-0.93 pts vs state
69.0%Origination rate+13.34 pts vs state
6.50%Median rate-0.25 pts vs state
0.07Rate spread (pts)-0.21 pts vs state
$171kMedian applicant income
655Loans originated
186Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 903 | 621 | 20.3% | 6.13% | #60 |
| 2024 | 931 | 651 | 17.6% | 6.63% | #60 |
| 2025 | 949 | 655 | 19.6% | 6.50% | #65 |
What NVR Mortgage Finance lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most NVR Mortgage Finance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Gloucester County | 265 | 187 | 47 | 17.7% |
| Monmouth County | 194 | 104 | 64 | 33.0% |
| Burlington County | 88 | 74 | 8 | 9.1% |
| Camden County | 72 | 44 | 22 | 30.6% |
| Morris County | 68 | 45 | 11 | 16.2% |
| Warren County | 61 | 50 | 2 | 3.3% |
| Cape May County | 58 | 44 | 6 | 10.3% |
| Ocean County | 55 | 36 | 14 | 25.5% |
| Mercer County | 42 | 40 | 1 | 2.4% |
| Middlesex County | 23 | 23 | 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: 949 applications in 2025, of which 655 were originated and 186 denied.
19.6% of all applications, or 22.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans NVR Mortgage Finance originated in New Jersey in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are NVR Mortgage Finance'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