Old National Bank · New Jersey · 2025

Old National Bank in New Jersey: approval rate, denial rate and rates (2025)

Old National Bank took 7 mortgage applications in New Jersey in 2025, ranking #559 of 883 lenders active in the state. It originated 57.1% of them and denied 14.3% (20.0% of the applications it decided), against a statewide denial rate of 17.7%.

7Applicationsin NJ
20.0%Decision denial ratestate 23.1%
6.50%Median ratestate 6.75%
$425,000Median loanstate $295,000
$3.1MVolume4 counties

Old National Bank in New Jersey vs the state

14.3%Denial rate-3.40 pts vs state
20.0%Decision denial rate-3.05 pts vs state
57.1%Origination rate+1.46 pts vs state
6.50%Median rate-0.25 pts vs state
-0.07Rate spread (pts)-0.35 pts vs state
$200kMedian applicant income
4Loans originated
1Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236233.3%6.25%#586
20247128.6%5.88%#561
20257414.3%6.50%#559

What Old National Bank lends in New Jersey

By loan purpose

Home purchase 6 86% · 16.7% denied
Cash-out refinance 1 14% · 0.0% denied

By loan type

Conventional 6 86% · 16.7% denied
FHA 1 14% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 1 100%

Where in New Jersey

Counties with the most Old National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hudson County 431 25.0%
Mercer County 100 0.0%
Passaic County 110 0.0%
Bergen County 100 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: 7 applications in 2025, of which 4 were originated and 1 denied.

14.3% of all applications, or 20.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Old National Bank originated in New Jersey in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Old National 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