Oaktree Funding in New Jersey vs the state
7.8%Denial rate-9.90 pts vs state
8.6%Decision denial rate-14.48 pts vs state
33.8%Origination rate-21.91 pts vs state
8.38%Median rate+1.63 pts vs state
2.12Rate spread (pts)+1.84 pts vs state
$272kMedian applicant income
26Loans originated
6Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 65 | 25 | 3.1% | 9.00% | #298 |
| 2024 | 68 | 27 | 5.9% | 8.50% | #309 |
| 2025 | 77 | 26 | 7.8% | 8.38% | #302 |
What Oaktree Funding lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Oaktree Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bergen County | 12 | 3 | 0 | 0.0% |
| Hudson County | 9 | 2 | 0 | 0.0% |
| Ocean County | 9 | 4 | 0 | 0.0% |
| Passaic County | 8 | 2 | 0 | 0.0% |
| Essex County | 7 | 3 | 1 | 14.3% |
| Union County | 6 | 3 | 1 | 16.7% |
| Monmouth County | 6 | 4 | 0 | 0.0% |
| Cape May County | 4 | 0 | 1 | 25.0% |
| Middlesex County | 3 | 0 | 1 | 33.3% |
| Somerset County | 2 | 0 | 1 | 50.0% |
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: 77 applications in 2025, of which 26 were originated and 6 denied.
7.8% of all applications, or 8.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Oaktree Funding originated in New Jersey in 2025 was 8.38%, against a statewide median of 6.75%.
About this data. Figures are Oaktree Funding'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