OceanFirst Bank in New Jersey vs the state
9.5%Denial rate-8.22 pts vs state
10.5%Decision denial rate-12.53 pts vs state
72.4%Origination rate+16.71 pts vs state
6.38%Median rate-0.38 pts vs state
-0.04Rate spread (pts)-0.32 pts vs state
$141kMedian applicant income
2,071Loans originated
271Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,879 | 1,127 | 24.1% | 6.75% | #31 |
| 2024 | 2,353 | 1,515 | 18.0% | 6.75% | #32 |
| 2025 | 2,861 | 2,071 | 9.5% | 6.38% | #24 |
What OceanFirst Bank lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most OceanFirst Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ocean County | 624 | 400 | 86 | 13.8% |
| Middlesex County | 461 | 400 | 15 | 3.3% |
| Atlantic County | 318 | 214 | 49 | 15.4% |
| Monmouth County | 302 | 226 | 25 | 8.3% |
| Burlington County | 195 | 147 | 15 | 7.7% |
| Cape May County | 183 | 131 | 18 | 9.8% |
| Camden County | 179 | 137 | 11 | 6.1% |
| Mercer County | 109 | 82 | 7 | 6.4% |
| Gloucester County | 92 | 68 | 9 | 9.8% |
| Cumberland County | 85 | 44 | 18 | 21.2% |
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: 2,861 applications in 2025, of which 2,071 were originated and 271 denied.
9.5% of all applications, or 10.5% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans OceanFirst Bank originated in New Jersey in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are OceanFirst Bank'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