Plains Commerce Bank in New Jersey vs the state
7.1%Denial rate-10.63 pts vs state
12.1%Decision denial rate-10.93 pts vs state
50.6%Origination rate-5.09 pts vs state
6.62%Median rate-0.13 pts vs state
0.14Rate spread (pts)-0.14 pts vs state
$174kMedian applicant income
86Loans originated
12Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 612 | 352 | 1.5% | 6.88% | #86 |
| 2024 | 380 | 188 | 2.1% | 6.56% | #129 |
| 2025 | 170 | 86 | 7.1% | 6.62% | #212 |
What Plains Commerce 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 Plains Commerce Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 26 | 10 | 1 | 3.8% |
| Ocean County | 21 | 17 | 0 | 0.0% |
| Somerset County | 18 | 7 | 1 | 5.6% |
| Union County | 17 | 7 | 3 | 17.6% |
| Morris County | 14 | 8 | 0 | 0.0% |
| Essex County | 13 | 7 | 1 | 7.7% |
| Passaic County | 10 | 2 | 1 | 10.0% |
| Bergen County | 9 | 3 | 1 | 11.1% |
| Hudson County | 9 | 5 | 1 | 11.1% |
| Monmouth County | 8 | 6 | 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: 170 applications in 2025, of which 86 were originated and 12 denied.
7.1% of all applications, or 12.1% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Plains Commerce Bank originated in New Jersey in 2025 was 6.62%, against a statewide median of 6.75%.
About this data. Figures are Plains Commerce 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