Paramount Residential Mortgage Group in New Jersey vs the state
3.8%Denial rate-13.89 pts vs state
5.4%Decision denial rate-17.66 pts vs state
66.7%Origination rate+11.02 pts vs state
6.63%Median rate-0.13 pts vs state
0.39Rate spread (pts)+0.11 pts vs state
$143kMedian applicant income
1,490Loans originated
85Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,537 | 958 | 5.9% | 6.88% | #38 |
| 2024 | 1,760 | 1,157 | 3.7% | 6.75% | #39 |
| 2025 | 2,234 | 1,490 | 3.8% | 6.63% | #36 |
What Paramount Residential Mortgage 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 Paramount Residential Mortgage Group applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Essex County | 281 | 172 | 15 | 5.3% |
| Ocean County | 278 | 186 | 7 | 2.5% |
| Middlesex County | 243 | 169 | 6 | 2.5% |
| Union County | 219 | 144 | 11 | 5.0% |
| Passaic County | 205 | 138 | 6 | 2.9% |
| Bergen County | 180 | 119 | 7 | 3.9% |
| Monmouth County | 151 | 112 | 1 | 0.7% |
| Hudson County | 97 | 58 | 3 | 3.1% |
| Burlington County | 91 | 68 | 2 | 2.2% |
| Somerset County | 83 | 50 | 4 | 4.8% |
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: 2,234 applications in 2025, of which 1,490 were originated and 85 denied.
3.8% of all applications, or 5.4% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Paramount Residential Mortgage Group originated in New Jersey in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Paramount Residential Mortgage 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